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<br /> The Purchaser covenants and agrees as follows:
<br /> 1. To pay before they become delinquent all taxes and assessments, now or hereafter assessed or levied against and on the real
<br /> estate described in this contract and to deliver to the Vendor receipts evidencing due payment thereof.
<br /> 2. To keep said premises insured for fire and extended coverage for at least the sum of$ not applicable , pay the
<br /> premiums thereon when due,and to comply with coinsurance provisions, if any, in insurance companies approved by the endor with
<br /> loss payable to the Vendor as interest may appear, and all policies covering said premises shall be deposited with and held by the Vendor.
<br /> 3. To keep the premises in good condition and repair.
<br /> 4. To keep the premises free from liens superior to the lien of this contract, or the rights of the Vendor in the premises.
<br /> 5. Not to commit waste nor suffer waste to be committed.
<br /> 6. Not to do any act which shall impair the value thereof.
<br /> In case any such taxes or assessments remain unpaid after they become delinquent, or in case of failure to keep the premises so
<br /> insured,the approved policies deposited, or the insurance premiums paid, or to keep the same in good condition and repair,free from
<br /> liens and waste,the Vendor may cure such defaults, and all sums so paid shall immediately be repaid to the Vendor and shall,unless
<br /> so repaid, be added to and deemed part of the purchase price, and bear interest at the rate aforesaid.
<br /> The Vendor hereby agrees that in case the aforesaid purchase price with the interest and other moneys shall be fully paid and all
<br /> the conditions herein provided shall be fully performed at the times and in the manner above specified, he will on demand, thereafter
<br /> cause to be executed and delivered to the Purchaser, a good and sufficient Warranty Deed, in fee simple, of the premises above de-
<br /> scribed, free and clear of all legal liens and encumbrances,except any liens or encumbrances created by the act or default of the Pur-
<br /> chaser, and except: Nnrte
<br /> The Purchaser hereby covenants and agrees that time shall be deemed to be of the essence of this contract and in case of default
<br /> in the payment of any principal or interest when the same shall become due,or in the performance of any of the conditions, covenants,
<br /> or promises by the Purchaser herein to be kept or performed, and such default shall continue for a period of 60 days, then the
<br /> Vendor may, at his option, declare the contract at an end, all rights of the Purchaser under this agreement cancelled, and the amounts
<br /> paid by the Purchaser hereunder forfeited,the same to remain the Vendor's property as rental of said premises and as liquidated dam-
<br /> ages for the failure completely to fulfill this agreement; and the Vendor shall forthwith and without notice have the right of re-entry; or,
<br /> at the option of the Vendor and without notice to the Purchaser, notice being hereby expressly waived, the whole amount of unpaid
<br /> principal shall 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 the Vendor as herein authorized with interest on such disbursements at the
<br /> rate aforesaid shall be collectible in a suit at law, or by foreclosure of this contract in the same manner as lithe whole of said unpaid
<br /> principal had been due at the time when any such default occurred,•and the indebtedness shall embrace,with said unpaid principal and
<br /> interest,all the sums so disbursed with interest as aforesaid.
<br /> In case of legal proceedings in enforcement of any remedy hereunder, whether abated or not, all expenses,including reasonable
<br /> attorney's fees,shall be added to the principal,become due as incurred, and in case of judgment shail be included therein.
<br /> Upon the commencement or during the pendency of any action of foreclosure of this contract, the court may appoint a receiver of
<br /> the premises, including homestead interest, and may empower the receiver to collect the rents, issues, and profits of said premises
<br /> during the pendency of such action, and may order such rents, issues, and profits when so collected,to be held and applied as the court
<br /> shall,from time to time, direct.
<br /> All terms,conditions, covenants,warranties and promises herein shall be binding upon and inure to the benefit of the heirs,legal
<br /> representatives, successors and assigns of the vendor and the purchaser: If not an owner of the property the spouse of the vendor for
<br /> a valuable 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 /> Executed at Mt. Horeb, Wisconsin this 8th day of October le 7L
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<br /> SIGNED AND SEALED IN PRESENCE OF . t_—'"� �` -% (SEAL)
<br /> W. Lewis Showi r
<br /> 1
<br /> IdhCW�1L�•Ci�_(SEAL)
<br /> 546 po Andrew E. Anderson
<br /> • (SEAL)
<br /> Ol -
<br /> (SEAL)
<br /> AUTHENTICATION
<br /> • 1. Lewis Shower and Andrew E. Anderson
<br /> Signatures of - _
<br /> authenticated this 8th day of October/ , ie'7G- - -
<br /> ` y
<br /> .._- --Peter J.-waltz ---
<br /> Title: Member State Bar of Wisconsin os■G44.1w.4■Csmiq
<br /> Authorized under Sec. 706.06 viz. _
<br /> STATE OF WISCONSINN
<br /> ss-
<br /> - Coniiv. 1
<br /> Personally came before me, this J day of — , 19
<br /> the above named
<br /> to me known to be the person_ who executed the foregoing instrument and acknowledged the same.
<br /> This instrument was drafted by
<br /> Peter S. ;ialtz, Attorney
<br /> Notary Public County, Wis. 1.1
<br /> The use of witnesses is optional_ My Commission(Expires)(Is) f`r;
<br /> - Names of persons signing in any capacity should
<br /> be typed or printed below their signatures. c.
<br /> FURNISHED BY o "
<br /> ii
<br /> DsncCoun*y I
<br /> TitleCnmpany
<br /> LAND CONTRACT—INDNIDUAL AND CORPORATE—STATE BAR OF WISCONSIN, FORM NO 11 _ __
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