|
1.359885
<br />Rare Or WISCONSIN.. WNW No. 3e (Am. NM) VOL , �� I PACE ! 10
<br />LAND CON'rMACTr—t.dm.eda.l a.d C.ra.r.ta
<br />OOOUMtNT NO. aaotIen 236.1e. WI.00naln alatat.
<br />CONTRACT. bysdbetween E10,0 K{no4kea a/k/a EJ,s?i3 ''i rngtkrr. 5570 kuGmalm.
<br />.. �tichig Rn 48033y a widow �•••• Feraln sailed Vendor, whether ore « more,
<br />and deOrtf3m Faeroes asrehomse GQ.m.Bans.a A I7i;geonain Cor.yerat.iQn. ' ,t1 it
<br />N.fl.g:.x..t.LtA.._. L3.is...., herein.ealkd Purchaser, whether one or m«a, I W
<br />WfTNESSETH: That the Vendor, in consideration of the payments to be made and the covenants and agreements by the Purchaser
<br />to be performed. as hereinafter aw forth, hereby sells and agrees to convey unto the Purchaser, upon the prompt and full perfomi.nce by the r
<br />Purchaser of the covenants and agreements of this contract to be by the Purchaser performed, the folkwing derribed real estate in
<br />Dane .County. State of Wisconsin, to -wit:
<br />A _:art of the SS 1/4 of the SE 1/4, and the NE 1/4 of the. SE 1/4 of
<br />Section 27, T. 5 N., t, 12 E.,.Town of Albion, Dane County, Wisconsin„
<br />ti frthca.r described as ollows: Commencing at the Fast one-rruarter corne•
<br />of said Section 27; thence S00°45'W, 695.35 feet; thence N89°15'P',
<br />405.32 feet; thence 500°45'W, 437.00 feet; thence N89°15'01560.00 feet
<br />to the point of beginning of this description; thence S00°45'w, 600.00
<br />¶r'..t; thence SSO°03'E, 313.51 feet to the centerline of. old S.T.U. 73;
<br />thence along the centerline of old S.T.H. 73, 539 57'W, 948.52..'1atet tp
<br />the centerline of U.S.H. 51; thence northerly along the center.3!ine •i1'f •"
<br />O.S.E. 51, N00°59'E, 622.29 feet; thence continuing along thc;•center
<br />line of U.S.H. 51, WOO°29'E, 902.80 feat; thence S89°31'E6Q.•'00'feet(,,
<br />thence N05°23'E, 7.92 feet; thence SO9 15'E, 297.58 feet th•tbd'pointt
<br />of beginning.
<br />Subject to the southeasterly 33 feet thereof being usoci;'for• public '
<br />roadway (old S.T.H. 73) purposes, and the westerly 33 feet t;n'ereofbeing
<br />used for public roadway (U.S.H. 51), purposes.
<br />The described parcel contains 12.107 acres, more or less, wWi'ch
<br />includes the land area used for public roadway purposes.
<br />Subject to easements, drainage agreements and leases of record.
<br />fPgefJLtrb'!teh didasildSom/ laftxmsmmac.6amn:atmthtlppocaoa'em moose foie ietceracndalam mx ftudtxbng el(aw:acami norm keno
<br />s d:rkedmrsAtfegtedtrMttaacfoa3+aaiwdtxamaambfisamemin rootzmm)o mefpswmmtkssofotn4dehiptmez
<br />*Nm:tltNt btw paraa! the oat at.Wx
<br />The Purchaser, In consideration of the covenants and agreements herein made by the Vendor, agrees to purchase the above 4aeribed
<br />premises, and to pay therefor to the Vendor at 55.78 P.ittnam, B i)r min ham & b(,CP.,)tB.RA 40.0.3.2,
<br />theatunor Twelve thousand seven hundred tiaelve and 35/.1.00 -, - - - .0b1us,
<br />in manner following: s...._3.,..7.1.2,...35...... .... et the execution hereof, the receipt whereof Is hereby acknowledged. and the balance of
<br />s.....9..,_Q.Q.0.e.D.()....._..., together with Interest on such portions thereof as shell remain from time to time unpaid, at the rate of 6
<br />per cent per annum, until paid In full, as follows: Said princapil andtlatttrdttshall be payable In annual mud ,ss
<br />of not less than i 1800,00 .per IPA4 beginning on the 2411.day of re)1rt1$ry ,1974 .
<br />provided the entirs purchase enemy and Interest shall be fully paid within. - time .1.5i _,years from the date hereof.
<br />Interest on all unpaid balances shall be payable annually 'on February
<br />lot of each yeAr • h.at.t Alter..lissinminu F..ebt:.laax.y.._1. 197..4.a
<br />Ssid payments shall be applied first to interest on the unpaid balance at the rate herein specified and then to principal. Any arna.nt
<br />•
<br />may be prepaid without premium or fee wren principal at any time, and Interest shall be calculated et all times on the unpaid balance on the
<br />daily rate basis at 1/360 of the annual rate.
<br />In the event of any prepayment, this contract shall not be treated as In default with respect to paymdit so long as the unpaid balance
<br />of principal, and interest a.din such case accruing Interest from month to month shall be treated as unpaid principal) i; k s than the amount
<br />that said Indebtedness would have been had the monthly payments been made as first specified .bole; provided giCber monthly payments fall
<br />be continued in the event of credit of any proceeds of insurance or cor;dannetlon, the condemned premises being thcreafter excluded herefrom.
<br />The Purchaser hereby states that he is satisfied with the title as shown by the abetpapp-title insurance earn -clement a iced to him
<br />for examination; the Vendor agrees to deliver the obstruct -title insurance policy to the Pti_rchaser when the full purchase mite hereunder shall
<br />have been paid. The Purchaser egrets to pay the cost of later continuations of attract -title insurance.
<br />(A3ffzIXe"V(cu7dlStZ.RiY7«ddsaleStoolueo'xileozdasepintmotyt3dastMadesaatdatu OCOACt Ih&C eacaseas txatotitambeansamz
<br />:tyre p♦ akt33bc seism( ti 1c f! Jtwtr9trsxmstdtsoaat Worm 3oetvi3totiovaktsirocs MICR ba sett saostakounodast;vice ode fmd+vaaz
<br />Zdbei lteaalxiaat t 2(4112adc tluaettabyaxisaaatome212trglaayx�tt Keay ttLYi]Gtgdlti4drda,g0661rcg(yZgf,imtJ Aiz
<br />t�vv,se!�az9s{{721�gn� eeMta.¢3iesdq°tbc:Yen(axglde2rte�boe.11i�1gilttriozebetpromesezIfaoa0,aciasftmfalbetz
<br />sh-li\va+e�rsewns t 9L�..snu9E i's�iptalFS sta3,3 'tkwzOkderm,13,33 �f�EwteFtetYmitrsycsodsbylvioadaz
<br />lk'kwktletit use ehxtetcat Ica se tteesaboeadooreaoz
<br />The Purchaser shall be entitled to cake possession o: said premises on...F9.hl'i.U.&L Y 1 19.73. In case toseesaton is
<br />to he obtained by the Vendor. he shall have • resemble time after such date in which to remove any oorup.rne The Purchaser shall be entitled
<br />to remain In possession as long as he performs all covenants end agreements herein mentioned on his part to be performed and no tonger.
<br />The Purchaser covalent. and sprees as follows:
<br />1. To pay before they become delinquent all tarn end assessments. now or hereafter assessed or levied against and on the reel estate
<br />described In this connect and to deliver to the Vendor receipt. evidencing due payment thereof.
<br />2. To keep said premises insured for fire and extended coverage for at least the sum of S to pay the premiums
<br />thereon when due, end to comply with coinsurance provisions, if any. in insurance companies eppeoved by the Vendor with loss payable to the
<br />Vendor as interest may appear, and all policies covering and premises dull 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 commie weans nor suffer waste to be committed.
<br />6. Not to do any au which shell Impair the value thereof.
<br />In case any such taxes ocassesernenu remain unpaid after they become delinquent, or in case of failure to keep the premises so Insured,
<br />the approved policies deposited, or the insurance premiums paid. or to keep the same In gad condition end repair. free from liens and waste,
<br />the Vendor may Cure suds defaults, and all sums so paid shall immediately be repaid to the Vendor and shall, unless so repaid, be dded to
<br />and deemed pert 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 fuliv paid and all the
<br />conditions herein provided shalt be fully performed at the times and In the manner above specified. he will on demand, thereafter cause to
<br />he executed and delivered to the Purchaser• a good end sufficient Warranty Decd• in fee simple. of the premises above described, free and
<br />clear of nil legal liens end encumbrances, exe.Pt taxes and assessments, spy Inc. Of encumbrances crated by the act or default of the Purchaser,
<br />municipal and Toning ordinances and recorded casement{ and restrictions, and except•
<br />•-su
<br />(OVER)
<br />
|