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<br /> fiAtt; FIAIL Ill {yiiFl:ati tltltat ii •1952 ." `";
<br /> LAND CONtnACr
<br /> •
<br /> l,m,IJr.l e,1
<br /> 2565S00 twr r,r.e
<br /> tie oc unnu roll °
<br /> oaoe ISFAtuart I III Tnce nnconannrn
<br /> act t'nAtlHAetlOtr9)
<br /> REG1$TEROE DEEDS
<br /> Contr8,Ct,by and between ARDEN W. DENTON and ETHEL G. DANE Cat1f Tor'
<br /> DF.NTQN,•..husband and wife •
<br /> ("Vendor", Jan 1 112 35 FM r9�
<br /> whether one or more) and....T tQ.TRX J. NNAAR and DIANE C. HAAR.,
<br /> husband_.and.Aife,...as.._s.u:.K).V.P,rsh)-P,.WA1:.Ca1
<br /> property ("Purchaser", whether ens or morel. V 26259 P. 8
<br /> Vendor sells nod agrees to convey to i'urclumer, upon the prompt and full per-
<br /> formance of this contract by Purchaser,the tollowhrg property,together with the
<br /> rents,profits,fixtures and other appurtenant Interests(all called the"Property"),
<br /> la Dane County, Medea Wlscaltaht: ,:croon,o
<br /> Jonathan M. Hajnv
<br /> A part of the Northeast one-quarter of the Northwest one- 109 South Main St.
<br /> quarter (NEI NW}) of Section 15, Township 5 North, Oregon, WI 53575
<br /> Range 9 East, Town of Oregon, Dane County, Wisconsin,
<br /> described as follows: Commencing at the North one-
<br /> Tax Parcel No.
<br /> quarter (Ni) corner of said "ection 15 and the
<br /> point of beginning of this description; thence SOO°26'09"W.along the North-South
<br /> one-quarter (N-SI) Section line, 654.00 feet; thence S89°15'11"W, 1331.98 feet;
<br /> thence N00°21'46"E, 653.98 feet to the North line of said Northwest one-quarter
<br /> (N}); thence N89°15'11"E, along said line, 1332.8I feet to the point of
<br /> beginning. Containing 20.0 acres and subject to "Glenway Road" over the
<br /> Easterly 33 feet thereof, and "Lincoln Road" over the Northerly 33 feet thereof,
<br /> and easements and dedications of record.
<br /> •
<br /> TRAt4SFEA66
<br /> $ FEE Aid
<br /> This ,.... 9.not.,.,.,,.,, Iwmesteed properly.
<br /> (is) (Is not)
<br /> Purchaser agrees to purchase the Property null to pay le Vendor at 1060 Glenway Rd., Oregon, WI 5357:
<br /> the sum of;l.01•OQQ.,9Q In the following manner': (a) 1....1I1,0.0Q..Q0
<br /> at the execution of this Contract; and lb) the babmce of;79,000.00 ,together with Interest from date
<br /> hereof on the balance outstanding from time to time nt the rate of............... 7 p� '��Q ��" 'bt
<br /> until paid in full,ss follows Vendors shall pay monthly principal and interest pit
<br /> less than $465.72 commencing February 1, 1994 and payable on the 1st day of each
<br /> • succeeding month thereafter until paid in full.
<br /> ,IS (the meturily dole}.
<br /> Following any default In payment, Interest Anil accrue al the rata of 7 Y.per a,nmm on the entire amount
<br /> In default (which shell include,without imitation,delinquent Interest end, upon acceleration or mstnrtty, the entire
<br /> principal bela,ce),
<br /> mess excused la Vendor,agrees to pay monthly to Vendor amounts sufficient to pay renooneh
<br /> ported enmlel lases,epee a ass • er {tell Imaurnmce premiums when d ,7b fJ,e* c ve, q Vender.
<br /> Vendor agrees to apply payments to these oi,ilgntions , try:.•- --' •, received by the Vendor for pnyment el
<br /> taxer, assessments and pee t , Into in escrow fund or trustee memo, tutored
<br /> rat ai reoulred by law.
<br /> Payments shell be applied first to Interest on the unpaid bummers at the rate specified and then to principal. Any
<br /> amount may be prepaid without premium or fee upon principal el tiny tione.Y oxonamito)
<br /> knozeivolerlXbaCedinttlfFebbitattOilFistfillilATabliONARIMMIAPACWARYPE
<br /> In the event of any prepayment,Ude contract 11,011 net he treated no In default with respect to payment eo Mug
<br /> as the unpaid balance of principal,and interest band In such ease accruing Interest from weigh to month shall be heeled
<br /> as unpaid principal) Is lees than the amount that saki indebtedness world hose been had the monthly momenta been
<br /> mode as Oral specified above; provided that monthly payments shell he continued in the event of credit of any proceeds
<br /> of Inaurence or condemnation, the condemned premises being thereafter excluded bersfrom.
<br /> purchaser states that Purchaser u ealiafied with the title as shown by the title evidence submitted to Purchaser �y
<br /> for examination cept: !f
<br /> ex
<br /> Purchaser agrees to pay the cost of future title evidence. If title evidence Is In the form of an abstract,it shell
<br /> he retained by Vendor until the full purchase pike Is paid.
<br /> Purchaser shall be entitle to take posse/elan of the Property on closing. ;g
<br /> 'Cron On1 One,
<br /> .,a a• n:"'
<br />
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