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<br /> Purchaser promises to pay when due all taxes and assessments levied on the Property or upon Vendor's interest
<br /> in it and to deliver to Vendor on demand receipts showing such payment,
<br /> Purchaser shall keep the improvements on the Property insured a ainst loss or damage occasioned by fire, ex- ......=tended coverage perils and such other hazards as Vendor may require, without co-insurance, through insurers approved c=
<br /> by Vendor, in the sum off N/4 , but Vendor shall not require coverage in an amount more r--
<br /> than the balance owed under this Contract. Purchaser shall pay the insurance premiums when due. The policies shall f.�
<br /> contain the standard clause in favor of the Vendor's interest and, unless Vendor otherwise•agrees in writing,the original
<br /> of all policies covering the Property shall be deposited with Vendor. Purchaser shall promptly give notice of loss to 0
<br /> insurance companies and Vendor. Unless Purchaser and Vendor otherwise agree in writing, insurance proceeds shall'�
<br /> be applied to restoration or repair of the Property damaged, provided the Vendor deems the restoration or repair to be CL
<br /> economically feasible. ----
<br /> Purchaser covenants not to commit waste nor allow waste to be committed on the Property, to keep the Property'"'"
<br /> in good tenantable condition and repair to keep the Property free from liens superior to the lien of this Contract, and
<br /> to comply with all laws, ordinances
<br /> an regulations affecting the Property.
<br /> Vendor agrees that in case the purchase price with interest and other moneys shall be fully paid and all conditions(� .
<br /> shell be fully performed at the times and in the manner above specified, Vendor will on demand, execute and deliver to
<br /> the Purchaser. a Warranty Deed, in fee simple, of the Property, free and clear of all liens and encumbrances, except
<br /> any liens or encumbrances created by the act or default of Purchaser, and except: VEmemen.t.s.,
<br /> Zoning. Ordinances and Restrictions of Record
<br /> Purchaser agrees that time is of the essence and in case of default in the payment of any principal or interest
<br /> when due, or in the performance of any of the conditions, covenants, or promises of Purchaser, and such default shall
<br /> continue for a period of ..SiXty days, then Vendor may, at Vendor's option, declare the contract at an end, all
<br /> rights of the Purchaser under this agreement cancelled, and the amounts paid by Purchaser hereunder forfeited the
<br /> same to remain Vendor's property as rental of said premises and as liquidated damages for the failure completely to
<br /> fulfill this agreement; and Vendor shall forthwith and without notice have the right of re-entry; or, at the option of
<br /> Vendor and without notice to Purchaser, notice being hereby expressly waived,the whole amount of unpaid principal shall
<br /> be deemed to have become due and payable, in case such option shall be exercised, the unpaid principal and interest
<br /> together with all sums which may be or have been paid by Vendor as herein authorized with interest on such disburse-
<br /> ments at the rate aforesaid shall be collectible in a suit of law, or by foreclosure of this contract in the same manner
<br /> as if the whole of unpaid principal had been due at the time when any such default occurred, and the indebtedness shall
<br /> embrace,to ienforceaanyp remedy hereunder,swhether, abated so r not,all expensesnincludins aforesaid.ae In legal shall
<br /> be added to the principal, become duo as incurred, and in case of judgment shall be including therein.
<br /> Upon the commencement or during the pendency of any action of foreclosure of this Contract Purchaser consents
<br /> to the appointment of a receiver of the Property, including homestead interest,to collect the rents, issues,and profits of
<br /> the Property, during the pendency of such action, and such rents, issues, and profits when so collected shall be held and
<br /> applied as the court shall direct.
<br /> All terms of this Contract shall be binding upon and inure to the benefits of the heirs legal representatives,
<br /> successors and assigns of Vendor and Purchaser. (If not an owner of the Property the spouse of Vendor for a valuable
<br /> consideration joins herein to release homestead rights in the subject Property and agrees to join in the execution of the
<br /> deed to be made in fulfillment hereof.)
<br /> :� Aug g 81
<br /> Dated this -' ' day of u ust , 1g
<br /> j _ #/j/1-;%�
<br /> i( �:! �; � )
<br /> • f.. yy : 7..� (SEAL) '' lt /,''�"f'•�u�) (SEAL)
<br /> :�_.tl:.._ 3
<br /> . Robert D. Hagen . • LIj�att el..E.._.Jaskan.ec
<br /> l4(� - f�.. n• mil'/�. Pr�l/ (SEAL) ''' . j iu �`X-•.- s !=i!IL4tLe.K,,.(SEAL)
<br /> Carol Jean Hagen { Marlene H. Jaskaniec
<br /> • AUTHENTICATION ACKNOWLEDGMENT
<br /> fit
<br /> Signatures authenticated this ••e day of STATE OF WISCONSIN
<br /> August , 19 81 1 ss.
<br /> j' < (( County.
<br /> '_�- •l Lti_!_ci.. Personally came before me,this day of
<br /> Peter J'. 'Waltz —� the above named
<br /> •TITLE: MEMBER STATE BAR OF WISCONSIN
<br /> (If not,
<br /> authorized by § 706.06, Wis. State.)
<br /> THIS INSTRUMENT WAS DRAFTED SY to me known to be the person who executed the
<br /> foregoing instrument and acknowledge the same.
<br /> ....Att axncy-_P.eter..s,_.Waltz
<br /> Mt. Horeb, Wisconsin 53572
<br /> •
<br /> Notary Public County, Wis.
<br /> aregnot necessary.)e authenticated or acknowledged. Beth My Commission is permanent. (If not, state expiration
<br /> The use of witnesses is optional. date: , 19 )
<br /> i • J .
<br /> •Names of persons signing in any capacity should be typed or printed below their signatures.
<br /> i . .l::.( d..
<br /> -i'1. 1 F�RNISHE ai
<br /> .. Jsiei .lie eel
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