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DANE COUNTY <br /> REGISTER OF DEEDS <br /> State Bar of Wisconsin Form 11-2003 DOCUMENT # <br /> LAND CONTRACT -4 14 1 -71 '9 <br /> (TO BE USED FOR NON-CONSUMER ACT TRANSACTIONS) 12/09/2885 12:46PM <br /> Document Number Document Name Trans. Fee: 1125.80 <br /> Exempt #: <br /> Rec. Fee: 19.00 <br /> CONTRACT,by and between Maxine Trulson.a single person Pages: 5 <br /> ("Vendor,"whether one or more), <br /> and Gary Trulson <br /> ("Purchaser,"whether one or more). <br /> Vendor sells and agrees to convey to Purchaser, upon the prompt and full U U 7 3 <br /> performance of this Contract by Purchaser,the following real estate, together <br /> with the rents,profits, fixtures and other appurtenant interests("Property"),in Recording Area <br /> Dane County,State of Wisconsin: <br /> Name and Return Address <br /> --° Mark A.Schulz,Atty. <br /> The Southeast Quarter (SE 1/4) of the Northeast Quarter (NE 1/4) he p 0.Box 874 <br /> Southwest Quarter(SW Ito)of the Northeast Quarter(1VW 1/4); a he Janesville,WI 53547 <br /> Southeast Quarter(SE 1/4)of the Northwest Quarter(NW 1/4)of Section <br /> Nineteen(19),Township Five(5)North,Range Twelve(12)East,(Town of <br /> Albion),Dane County,Wisconsin, 0512-191.9000-7,0512491-9500-2,0512-192-9500.1 <br /> Parcel Identification Number(PIN) <br /> Purchaser agrees to purchase the Property and to pay to Vendor at 727 Oak This is homestead property. <br /> Drive.Edgerton,Wisconsin 53534 (s)(is not) <br /> the sum of$375.000.00 in the following manner: This is a purchase money mortgage. <br /> (is)(is not) <br /> (a) $50,000.00 at the execution of this Contract(payable December 1,2005); and <br /> (b) the balance of$325.000.00,together with interest from the date hereof on the balance outstanding from <br /> time to time at the rate of 5%per annum until paid in full as follows: Monthly payments of principal <br /> and interest totaling$1,744.67 beginning January 1,2006, and continuing on the 1"day of each <br /> month thereafter <br /> provided the entire outstanding balance shall be paid in full on or before December 1,2012("Maturity Date"). Payments <br /> shall be applied first to interest on the unpaid balance at the rate specified and then to principal. <br /> CHOOSE ONE OF THE FOLLOWING OPTIONS:IF NO OPTION IS CHOSEN.OPTION A SHALL APPLY: <br /> a A. Any amount may be prepaid without premium or fee upon principal at any time. <br /> ❑ B. Any amount may be prepaid without premium or fee upon principal at any time after. <br /> El C. There may be no prepayment of principal without written permission of Vendor. <br /> , Uc / 9 <br /> State Bar Form 11-Page 1 ®2003 STATE BAR OF WISCONSIN <br /> (9j <br /> - \a <br />