|
4
<br />Ism
<br />V
<br />46
<br />Form No. 34.
<br />Zhis Artirit of Agreement,
<br />Made and cocLlued this ---------------------------- ------ da y o A. D. 19Z-,�;-
<br />-----------------------
<br />by and between --
<br />a Corporation d Lily organized and existing tinder and by virtue of the lamrs of the State of Wisconsin.- located at-'- L;Io,il ell
<br />I
<br />Wisconsin, party of the first part,. p'art-, -of the secon!dI part.
<br />Witinesseth-. First, That the said part of the second part hereby agreeO.Zand I)ind4-.).
<br />legal representatives, to pay, or cause to be pali-( ,It -o -the said party of the first part, its successors, representatives or assigns, the sum of ----------
<br />Klj�tit- Jiu-nd r -ed - and- -no/-ILOO- AVE10O.-OO) ----------------------------------- --.--------- -.-Dollars, in the manner follow in,--.'
<br />TV! Q - Rurdr q�!Ct ------------------------------------- Dollars, at the ensealing and delivery hereof:
<br />Zv! 9_ _LJWacI r ikd _C$ ?.QQ 0 Lrs -or -more--to- be-_p4kq_q�q..the- 5th- day__of -June, 1926 -and -Two- Hundred
<br />more on the 5th d
<br />q,,y___of June of each year thereaftersuntil the total pur-
<br />----------------- -- -------- -------- ---------------------------------------------------
<br />prlg_q _ h&6_ _b@An - p4id-O ------------------ ----------------------------------------------------------------------------
<br />All unpaid sums__of Trinc�p4��_g!k4 interest to bear interest att;tha rate of Seven (7%) Per Cent.
<br />----------------------------------------------
<br />per annuml_payAble annually.
<br />-------------------------------------------------------------------------------------------
<br />-------------------------------------------------------------------------------------------------------------- --
<br />UIL --- ----------------------------------------------------------------------------------------------
<br />-----------------------------------------------------------------------------------------------
<br />---------------- ---------------------------------------------------------------------------------------------
<br />-------------------------------------------------------------------------------------------------------------------------------
<br />The said payments to be made to the. party of the first part, at ---- V4Q i -Q$ ------------------ 7 -------------
<br />and the same being intended to apply, when fully completed, as the purchase money for the following tract, piece or parcel of land, situated in
<br />the County of Dane, and State of Wisconsin, to --\\,It:
<br />:The North on-q-W�I;r
<br />--------------- - JN'11-9Lf-:t�ht�_North one-half (R�Is) of Lot Four (4),Block Four (4),Shore Acres
<br />9 --------------------------------------------------------------------------------------
<br />Town of Blooming Grove.according to the recorded plat thereof,
<br />--------------------------------------------------------------------------------
<br />restrictions:
<br />---------------------------------------
<br />-F�p�.:__Tha t for _a from September--8ths 1911 -the- -porch- -or- -other
<br />-----------------
<br />line of structure erected on these premises shall not be nearer than Twenty feet to any Street
<br />-OM �14g- -Pti- 14p -q@ - P-:rAPai,ses --------------------------------------------------------------------------------------------
<br />-Sekond-z. -T-hat- -during - aald- -pAzlogt _ qt. _ypAr@_ _qq- out.bui ldings- -of- -any_ -kind- shall. be-&r-----
<br />_qcted on these premises more than one_stor __in he hts
<br />- - - ---------------------------------- ----- Y ------- �-Va -------------------------- ---------------------------------
<br />Third: That these promises stall not be sold.leased or conveyed to persons of African blood'
<br />---------------
<br />for a period of twenty-five years from date thereof* I
<br />The said parIA4 -- - of the second part further agree,&-Ahat- - 1� --- will pay, when due and payable, all taxes and assessments which have
<br />been assessed or levied on the above described premises since the Ist day of January, A. D. 19.2E, and also such as may be hereafter assessed
<br />or levied thereon, or upon the interest of said part -y of the first part, in said premises; and also all taxes and assessments now or hereafter assessed
<br />or levied against any mortgage which may exist against said premises, or against the note--- -or the indebtedness secured by such mortgage, or
<br />a-crainst the interest in said premises of any part\, holding a mortgage against said premises during the term of this contract, and promise,4-/-and
<br />agree-,o-lthat the interest of the party of the first part and the interest of the part A of the second part in said real estate, and the interest of any
<br />party holding a mortgage against said real estate during the term of this c tall be assessed for taxation and taxed together, without sepa-
<br />rate valuation, as unincumbered real estate, and shall be paid by the said part of the second part, and the said part I— - of the second part
<br />herebv waive -A-4 all rights of offsets or deductions because of the Dayment of any such taxes and assessments, until the aforesaid purchase money
<br />shall be fully paid, in the manner above stated.
<br />The part -4k-- of the second part further agree,4-,,-that the said party of the first part shall insure and keep insured against loss or damage
<br />the buildingi-�!-� -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 />-------------------------------------------------- ------------------------------------------------------------- Dollars,
<br />against loss or damage by fire-- -------------
<br />------------------------------------------------------------------------------------------ in the name of the party of the first part,
<br />as owner in fee, with clause in said policy that the said part + of the second part ha7Aa./-a land contract interest therein and the loss, if any,
<br />under such insurance shall be payable to the said party of the first part to the extent of its interest, and the surplus, if any, to the said part
<br />of the second part,- subject, however, to the rights of mortgagees, if any, respecting such insurance; such policy or policies to be he] T
<br />said party of the first part, its successors, representatives or assigns, as collateral to this contract; and the said parA�---- of the second part shall
<br />pa�, the premium on such policy or policies when due, and in case of the failure or neglect of the said part,4-�_--of the second part to pay such
<br />premiums when due, said party of the first part, its successors, representatives or assigns, may pay the same and charge the cost thereof, with
<br />interest thereon at the legal rate, to the said part of the second part, and the same shall be considered and taken to be an additional part
<br />of the consideration of this contract.
<br />The part I - - of the second part further agrec,4,.,- to hold the said premises from the date hereof, as the tenant -=-by sufferance of the said
<br />party of the first part, subject to be removed as its tenant ---------- a - - - - -holding over, by process under the statute in such case made
<br />and provided, whenever default shall be made in the payment of any of the installments of purchase money, interest, taxes, assessments or insur-
<br />ance premiums, as above specified; and also to keep the building��-, fences and improvements on said premises in as good repair and condition
<br />as they now are, except ordinary wear and decay; and not to do any act whatsoever, which tends to depreciate the value of said premises.
<br />
|