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The Purchaser hereby covenants and agrees that time shall he 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 />Ur promises by the Purchaser herein to be kept or performed, and such default shall continue for a period of sixty (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
<br />damages for the failure completely to fulfill this agreement; and the Vendor shall forthwith and without notice have the tight of
<br />reentry; or, at the option of the Vendor and without notice to the Purchaser, notice being hereby expressly waived, the whole amount
<br />of unpaid principal shall be deemed to have become due and payable; in case such option shall be exercised, the unpaid principal and
<br />interest together with all sums which may be or have been paid by the Vendor as herein authorized with interest on such disbursements
<br />at the rate aforesaid shall be collectible in a suit at law, or by foreclosure of this contract in the same manner as if the whole of said
<br />unpaid principal had been due at the time when any such default occurred, and the indebtedness shall embrace, with said unpaid
<br />principal and interest, all the sums so disbursed with interest as aforesaid.
<br />In rase 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 shall 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
<br />of the premises, including homestead interest, and may empower the receiver to collect the rents, issues, and profits of said premises
<br />daring the pendency of such action, and may order such rents, issues, and profits when so collected, to be held and applied as the
<br />court 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,
<br />legal representatives, successors, and assigns of the Vendor and the Purchaser; the wife of the Vendor for a valuable consideration,
<br />joins herein to bar her dower and homestead rights and agrees to join in the execution of the deed to be made in fulfillment hereof,
<br />•
<br />IN WITNESS��WHEREOF, this land contract has been executed and delivered this_.,.9:.1L.day of (! 19.6.9...
<br />SIGtIY;D AND SEALED IN PRESENCE OF
<br />Harry 3. Cook
<br />Rarbn
<br />.G.LGfit41.4„..
<br />William A. Dahlk
<br />Arline A. Heinrichs
<br />STATE OF WISCONSIN,
<br />Dane
<br />County.
<br />(SEAL)
<br />Theodore R'Matthews
<br />_a (SEAL)
<br />Elizabeth ,T" Matthews
<br />(SEAL)
<br />JEjnes L. Schmitt
<br />t? .� G 5�Jr-i;a (SEAL)
<br />Esther (;. Srhnit;) _
<br />Personally came before me, this 19th day of May , A. D„ 19...6.9....
<br />the above nntned....Th.e.rld.ax.e....R......Ma.t.th.ews...ran.d....H].a�z.ab.e.th. J...Mat.t.he.w.s., .his....l,tif.e,
<br />•
<br />-- ._
<br />°to me known to be the person.S who executed the foregoing instrument and acknowledged the same. •
<br />of the above-named-cerperatierr, to-me-ltnewtrte -14e euelt. persene +d.. afloerc .who- exeoatad tha. iesegoing.,i oar itu t, xud pC1Ci w cl4q.d.,4t4
<br />they arest- Idhe.satue-aa. swell-officererits-autltarity; #oc 4h4a.purposoe .theseia.contained. / r:r
<br />This instrument drafted by
<br />....A.t.t.arxza.y Harry ,.......Gaol,
<br />°Delete as required
<br />• ry=
<br />Ha'r
<br />J . 'eaI'�a
<br />Notary Public D an e County, Wis.
<br />My Commission X jri?)
<br />(Section 59.51 (I) of the Wisconsin Statutes provides that all instruments to be recorded shall have
<br />piatnty printed or typewritten thereon the names of the prantora, pranteea, wttnessea and notary).
<br />STATE OF WISCONSIN )
<br />Dane County
<br />ss
<br />Personally came before me,
<br />James L. Schmidt and Esther G.
<br />FURNISHED BY
<br />'1'eOOD
<br />e tJ
<br />Dane Count _' ,' igk,, ix%p4£1)';
<br />TITLE INSURANCE •% -A9 bRAE�,S- �ReinLM 'fit,_,
<br />this l9 th day of May , 1969, the 00vd�,<'=
<br />Schmitt, his wife, to me known to bti; �`c�:;"'
<br />sons who executed the foregoing instrument and acknowledged the same- -,,1,I °rG ,;,•'
<br />Wi ism Da
<br />Notary Public,
<br />My commission
<br />W " Cif, Register ce of R atcr of
<br />Dane County, Wisconsin
<br />HReceived for Reco d.....-
<br />v
<br />t, A. D. 1 ..L.,Z..... ati ..
<br />t and recoiled in v91........,
<br />of..e...
<br />VOL 123 PAGE 131
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