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maintenance is limited by the annual contributions of <br /> the owners outlined in paragraph C below. 0 0 0 0 0 4 <br /> B Upon the execution of this agreement, each party shall <br /> deposit $20,000 into a conservancy fund held jointly by <br /> the parties and administered by one of the parties to <br /> be used exclusively for restoration and maintenance of <br /> the prairie, but not the paths described in paragraph <br /> E, below. The maintenance paid for with these funds <br /> shall be limited to mowing, burning and weed control as <br /> advised by the consultant. <br /> C On or before December 315t of each year, the <br /> administrator of the fund shall deliver a summary <br /> report of the income and expenses of the fund for the <br /> year including the year-end cash balance. Each owner <br /> shall then deposit an equal amount into the conservancy <br /> account on or before January 31 of the following year <br /> such that the new balance will then total $5, 000. <br /> D Additional sums shall be deposited in the conservancy <br /> fund only upon the consent of all owners. <br /> E The parties agree that there may be trails cut <br /> throughout the restored prairie for the use and <br /> enjoyment of the parties and their guests. The trails <br /> will include a perpetual path around the perimeter of <br /> the prairie and random paths through the prairie, 48 to <br /> 60 inches wide. The design of the interior paths shall <br /> alternate annually between the parties and the <br /> maintenance of all paths (including mowing at least <br /> twice monthly at the owners' separate expense) shall <br /> alternate between the parties monthly, beginning each <br /> season with the party assigned the responsibility for <br /> designing the interior paths. <br /> B In the event any owner fails to pay or perform any of <br /> the described tasks of maintenance or fails to deposit <br /> any required amount into the conservancy fund, the <br /> other owner may deliver a written notice of default to <br /> the non-performing owner. If the default has not been <br /> cured within thirty days following the delivery of said <br /> notice, the non-defaulting party may cure the default <br /> and file a statement of lien against the defaulting <br /> owners parcel in the manner provided for the filing of <br /> statements of condominium liens by §703.16, Wis. Stat. <br /> The lien may be enforced and shall be released in <br /> accordance with said statute. <br /> These restrictions shall run with the land for the benefit of the <br /> owners of Lot 1, CSM 9/25.6 in the Town of Verona and of <br /> Lot 2, CSM 8480 in the Town of Middleton and may be modified or <br /> released only with said owners' consent. <br /> ' 1Dated ,t^hi^ �s 17th day of December, 1998 14t <br /> Michael A. Wilson Patricia A. Wilson <br /> 1. <br />