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447370
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447370
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III <br />erected upon any lot in da,id plat to be first submitted' to and approved by an expert accep- <br />table to first party.. <br />-3.That .for said period of twenty-five years no, building on any lot in said plat shall be I <br />used for other than residence purposes without written consent of the first party. ' <br />4.That for said period of twenty -fibre years no building previously erected elsewhere shall <br />be moved upon any lot in said p; aat. <br />5.mhat for said period of twenty-five years no :more than one•'dw811ing house shall be Construe- <br />ted on any lot in said._plat ir-ithout the written consent of ,the first party. <br />i <br />6.During said twenty-five year period• it is agreed that no wind mill be constructed upon <br />said lots or any lot in ;said plat. and that no barn or outhouse or garage shall be constructed <br />upon said plat o any lot irk the plat without written consent of the party f the first part asi <br />to its necessity and location. <br />..That the dwelling house.to 1pi erected upon: said lot shall be .erected upon substantially + <br />s <br />the site indicated for the same upon the.,mo of saki First and Second additions to Shorewood <br />prepared by O. C . Simonds and Company. <br />Second; It is further understood and -agreed that the party of'the First Part`will,not later; <br />than September ,1,19_ construction the street In front of this let,& real of concrete or maea-! <br />Sem •with tarvia fi•ller,of a minimum width., of feet; this- road., to be paved at the expense ofF <br />the party of the first part. <br />It is further understood and agreed that the owner of this lot has a right of way to the y <br />lake on outlots 2 & 3 in Shorewood; the location of said right of way to be designated by <br />party of the first part, j <br />Tl►ird; Party of the second.part,in consideration of the- foregoing,hareby agrees to pay to i <br />the party, of the first part;in addition to the payment aforesaid,the further sue of Twenty -ane! <br />i <br />4undred Dollars (102100.00),at- thime or times and in the manner following,to-wit; 025.00 or � <br />more each month commencing June 1,1925. All to be paid in four years. With interest upon eachl <br />of staid, deferredpayments at, the rate of 6% per annum payable semi-annuilly;and further agrees <br />�to pay all taxes and assessments,, general or special,which may be hereafter assessed or levi-' <br />ed on the premises above deserib ed, previous to the day appointed by or ac',00rding to lor <br />I <br />the sale of such land for taxes or assessmants. the taxes for the year 1925 to be paid by thef <br />party of the -second part; and party of the second part further agrees net to c#mmit or suffer <br />to be committed any waste or -damage upon said premises. <br />Fourth; The times of payment ab©ve mentioned are of the essence of this agreement, and in <br />case party.,of the second. part shall f ail t®. bake .aAy such payments at the time agreed an or <br />hereafter,'or •shell fail -to pay the taxes or assessments as aferessid,o.r <br />within thirty days�t <br />shall otherwise breach this agreement,party of the second part shall,at the option of the <br />party of t.he.,first part,be deemed to have abandoned and given up to the party ,of the first <br />part all right,title and interest in . and to the abows describ ed- , premises, and to any paymentsi <br />1 <br />which shall have been made hereunder and all the right of action upon er,.growing out of this; <br />agreement. _ <br />FIFTH; The covenants and agreements herein contained shall inure to the benefit of and be <br />binding upon the respective parties hereto,and their successors,heirs1persoiW.1 representativies <br />• I <br />wnd -assigns. <br />IN FITNESS WHEREOF party of the first part has caused these presents to be signed by its <br />President and countersigned by its Secretarytand has caused to tie affixed hereto its torpor -j <br />'ate seal,and parties of the second part has hereunto set their hands sand seals,this 16t day <br />of May,1925. EAGLE HEIGIVS LAND COMPANY j <br />Tigned,Sealad and (Corporate Seal) By H.E.Purce'll (Seal) <br />Delivered in presence of President <br />Olive Eenshue Count ersi ed ; <br />Harry K.Koss Secretary R er�ecrlley (Seal) <br />y <br />David Moore ( Seal) ' <br />'Elizabeth E.Moero (Seal). <br />
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