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<br />Form No. 33.
<br />No.2�S_Q-_'°_�------ -- --
<br />EM'S Article of Agrerment,
<br />Made and concluded this ---- °f_'Z l _---__-- __-- -____---day of---..-____------------------------------- A. D. 1926
<br />�r
<br />by and between--&? - ----- ----
<br />-
<br />-------------- ----------------- - ---
<br />part __of the first part,
<br />and_z��J�_
<br />-- ------------------------------------------------------------------------ --------, part�lof the second part,
<br />Witnesseth: First, that the said parof the second part hereby agree_ _ and bind - - - - - - - - - - - - - - -
<br />_ _ _ _ _ _ _ _ _ _ _ _ legal representatives, to pay, or cause to be paid, to the said part - 4- --of the first part ----- 14& - - - _ _ _ _ _ _ _ ------------ heirs
<br />or assigns, the sum of�J_I_ al __ , _ ------------_____�Dollars,
<br />in the manner following54'_�t/_ _5R' _ _ _ l� OBD- D�� _ _ _ _ _ _ _ _ - _ _ .-_--Dollars,
<br />at the ensealing and delivery thereof: Balance of Ninety -Five Hundred ($9,500,00) Dollars payable at the rate
<br />of Seventy-Five($75.00)Dollars per month, beginning September 15,, 1925, which amount is to apply
<br />on principal and interest until balance is reduced to Seven U.ou^)and($7,000.00)Dollars, at which
<br />time party of the first part will deliver warranty Deed to party of th;; second part, excepting
<br />mortgage of Seven Thousand($7,000 OO)Dollars which second party assumes and agrees to pay.
<br />Balances of Twenty -Five Hundred ( 2500.00)Doilars and Seven Thousand ( 7,000.00)Dollars to drag
<br />interest at the rate of six per centum per annum and six. and one-half per centum per annum res-
<br />pectively. All of the unpaid balance is to be paid within five(5) years. It, is further understoe)
<br />anc�,2greed that the party of the second part will have the privilege of paying First Mortgage
<br />or',entire unpaid balance at any time, without penalty.
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<br />The said payments to be made to the part_ _of the first part, at_ _ _ _
<br />and the same being intended to apply, when fully completed, as the purchase money for the following tract, piece or parcel of Iand, situated in
<br />v the County of Dane and State of Wisconsin, to -wit: Lot Ten (10), First Addition to Shorewood, Town of Madi son,
<br />Dane County, Wisconsin.
<br />Provided however, that this agreement and the said deed of conveyance shall be subject to the
<br />to the reservations and restrictions hereinafter stated, which saidas, di reservations and res-
<br />trictions are to be construed as covenants running with the land, to -wit:
<br />1, None of said lots shall be conveyed to, used, owned, nor occupied by negroes as owner or
<br />ten4nt. 2. For a period of twenty-five years from October 1, 1921, first part' shat have the
<br />right to require plans for the exterior design of any building or structure to bt erected upon
<br />any lot in said plat to be first submitted to and approved by an expert acceptable to first parry.
<br />3. That for said period of twenty-five years no building on any lot in said plat shall be
<br />used for other than residence purposes without written consent of the first party. 4.That for
<br />said period of ,twenty-five years no building previously erected elsewhere shall be moved upon i
<br />any 10t. Jn ai fp&atm--- — ---
<br />The sar par , e second part further agree _ --_that_ _ - _ _ _ _ _ _ ----.will pay, when due and payable, all taxes and assessments
<br />which have been assessed or levied on the above described premises since the 1st day of January, A. D. 192', and also all such as may be here-
<br />after assessed or levied thereon or upon the interest of said partof the first part in said premises; and also all taxes and assessments now or
<br />hereafter assessed or levied against any mortgage which may exist against said premises or against the note -----or the indebtedness secured by
<br />such mortgage or against the interest in said premises of any party holding a mortgage against said premises during the term of this contract, and
<br />promise--.-,- and agree _that the interest of the part_ _ _ _of the first part and the interest of the part-_�_ of the second part in said real estate
<br />and the interest of any party holding a mortgage against said real estate during the term of this contract, shall be assessed for taxation and taxed
<br />together, without separate valuation, as unincumbered real estate and shall be paid by the said part,_,C.G-Q/_of the second part and the said part
<br />`�Vof the second part thereby waives- _!all rights of offsets or deduction because of the payment of any such taxes and assessments, until the
<br />aforesaid purchase money shall be fully paid, in the manner above stated.
<br />The part, c.V Vof the second part further agree_ --- that the said part -of the first part shall insure and keep insured against loss or
<br />damage the buildings _now on said premises and such as may hereafter be erected thereon during the life of this contract in the sum of at least
<br />-�' - - ---- -_i - =/'-u�00 0o -----------------------------------------------------Dollars,
<br />against loss or damage by fire -------------------------------------------------------------------------------------------------------
<br />--- ------------------------------------------------•----------------------------------------------,in the name of the part_ ----
<br />of the first part as owner in fee, with clause in said policy that the said parL,� f the second part ha7�_ __a land contract interest they' in and
<br />the loss, if any, under such insurance shall be payable to the said part_ __ +of the first part to the extent of -U---- interest and the
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