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VOl 3?o2Pfi 79
<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.
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<br /> Purchaser covenants not to commit waste nor allow waste to bo 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 and 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 /> shall 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: .that..the._deed..frnia
<br /> I.t 11 tan-Kilpattick Tharntnn...P.erannal..Representative-.of_.the-.Estate..of..Edward_.J.,
<br /> Thvrnton,..a/k/a.E.J...-_Thornton..at.-her..successor..shall..he..without--warranty__and_-any
<br /> deed_shall..be..auhject__tn._eaaements..and..restrictions..of.record...if..any,_.and_.ordinanc A.
<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 60 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, with unpaid principal and interest, all the sums so disbursed with interest as aforesaid. In case of legal pro-
<br /> ceedings to enforce any remedy hereunder,whether abated or not,all expenses,including reasonable attorney's fees,shall
<br /> be added to the principal, become due as incurred, and in case of judgment shall be included 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 /> Dated this a3 day of December 19 81
<br /> Purchaser agrees to share equally with all property owners along such pri•'ate road
<br /> easements and any future property owners along such easements the cost of maintenance,
<br /> snow removal and upgrading of said private road easements.
<br /> /���� �f Purchasers
<br /> C tiICPi 't+. CI V (SEAL) 44.49.. �l -r/�./
<br /> • Clarence Ht Marten . Douglas M. Peterson
<br /> �< ..... c_ �t F..lr-x..(SEAL)
<br /> • Lillian Kilpatrick Thornton, Personal . Pamela A. Peterson
<br /> Representative of the Estate of Edward J.
<br /> Thornton a/k/a E.J. Thornton
<br /> AUTHENTICATION ACKNOWLEDGMENT
<br /> Signatures authenticated this day of STATE OF WISCONSIN
<br /> , 19
<br /> 6E.
<br /> e,/t�_ County. ,
<br /> rsonally came before me.this ✓�31Cd---_day of
<br /> +
<br /> .AS A-"; L..the above named
<br /> TITLE: MEMBER STATE BAR OF WISCONSIN y�i'�L! "A/. 's�
<br /> (If not, ...../!a.�f, Sk.!!l• �S lrtt+J
<br /> authorized by§ 706.06, Wis. Stats.) ``
<br /> l.c.�A..t/.l r...I
<br /> THIS INSTRUMENT WAS DRAFTED BY to me known to be th`peesoes5 who executed the
<br /> Atty. William F. Mundt foregoing instrument and acknowledge the same.
<br /> (Signatures may be authenticated or acknowledged. Both Notary Public /i:l if.►S.r- County,Wb.
<br /> are not necessary.) My Commission is perman t. (If not, state expiration
<br /> The use of witnesses is optional. date: �'1!!.l f/.C!LL. Cl ,
<br /> •
<br /> U •
<br /> r _w.. Names of persons signing in any capacity should be typed or ptirited below their signtltures.
<br /> LAND CONTRACT-tudlridual and Corporate-Boole Bar of Wlrconaln,corm No.I1
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