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STATE- <br />LAND <br />TATE I.si1VID GONTTLA T—Without Znsuranee Clause. TQR.IFC bio: 36a <br />Section 1214a Revised statutes <br />—48441:11 <br />Made and concluded this 16th day -of- November ,A.D., 1927 , <br />by -and between Albert J. Endres of Wison; Daae- County, Wisconsin, _ <br />} part y of the first part, <br />1 and Vincent Dirieveo of MAdison, Dane Cou?itY, Wisconsin, _ <br />}I part y of the second part. <br />r Witriesseth; First, That the said part y of the second part hereby agree s and binds himself _ <br />1I -his legal representatives, to pay, or cause to be paid to the said part y of the first part, his heirs <br />i { or assigns, .the sum of eighteen hundred. (01800.00 �--�--- � Dollars, <br />i in the manner following:- Two Hundred (0200.00)-- Dollars, <br />at the ensealing and, delivery hereof: Balance of Sixteen Hundred (01800.00) payable Fifty <br />Dollars (050,09) or more each moAth, COMMencing Deceln er 169 1927, which amount <br />is to apply on principal and interest; interest,on all unpaid balances at the rate <br />-Y of six (6) per cent per aurum. When balance is reduced. to one thousand dollars <br />1 <br />( ,000._00) party of the first part will -deliver to party of the second part a <br />warranty deed, free and char of, &11 incumbrances excepting a, mortgage of one <br />thousand-gellars 01,000400) which seoond panty assumes and agrees to pay, said. <br />mora ko & awing interest at the rate of six and one-half per cent per annum. <br />It 10 agreed between the parties hereto that the taxes for the year 1927 will <br />.L ,1 bs paid_ by the party of the first part. <br />The said payments to be made to the party of the first part, at Madison; Iviscons,.-a, _ <br />and the same being intended to apply, when fully completed, as the purchase money for the following tract, piece or <br />parcel of land, situated in the County of Dane ' and State of Wisconsin, to -wit: <br />Lot ninety-eight (98) Second Addition to Shorewood, according to the <br />J, recorded plat thereof, formerly in the Town of Madison, now in the <br />Village of Shorewood Hills, according to the recorded plat thereof. <br />Provided, however, that this agreement and the said deed of conveyance shall be <br />ii subject to the reservations and restrictions hereinafter stated, which said reserva- <br />tions a -ad restrictions 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 <br />as owner or tenant, <br />.2. For a period of twenty-five years from October 1, 1921, Eagle Heights Land <br />Company shall have the right to require plans for the exterior design of any building <br />or structure to be erected upon any lot in said plat to be first submitted to and <br />approved by an expert acceptable to said Eagle Heights Land Company. <br />3. That for said period of twenty-five years no building on any lot in said plat <br />I shall be used for other than residence purposes without written consent of the Eagle <br />Heights Land Company. <br />_ 4. That for said period of twenty five years no building previously erected else- <br />where shall Ve moved upon any lot in said plat. <br />fi. That for said period of twentyafive years no more than one dwelling house <br />shall be constructed on any lot in said plat without the written consent of the <br />Eagle Heights Land Company. <br />g g' p ny. <br />6. During said twenty five year period it is agreed that no wind mill be <br />constructed upon said lots or any lot in said Mat and that no barn or outhouse or <br />garage shall be constructod upon said plat or any lot in the plat without the written <br />consent of the Cagle Heights Land Company as to 'its necessity and location. <br />7. That the dwelling house to be erected upon said lot shall be erected upon <br />substantially the site indicated for the same upon the map of said First and ;)econd <br />:additions to Shorewood prepared by 0. C. Simonds and Company. <br />It- is -further understood and agreed that the .owner of this lot has a right of <br />way to the lake on Outlots Two (2) and Three (3) in Shorewood; the location of said <br />right -of -•way to be designated by said Eagle Heights Land Compuny. <br />The said party ^ of the second part further agree s that he will pay, when due and payable, all taxes' <br />and assessments which have been assessed or levied on the above described premises since the 1st day of January, A. D., <br />19 28, and also all such as may be hereafter assessed or levied thereon, or upon the interest of said part y of the first <br />part in said premises; and also all taxes and assessments now or hereafter assessed or levied against 'any mortgage which <br />H may exist against said premises, or against the note or the indebtedness secured by such mortgage, or against the <br />interest in said premises of any party holding a mortgage against said premises during the term of this contract, and <br />promise s and agree s that the interest of the part y of the first part and the interest of the part y of the second <br />part in said real estate, and the interest of any party holding a mortgage against said real estate, Iduring the term of this <br />contract, shall be assessed for taxation and taxed together, without separate valuation, as unencumbered real estate, and <br />shall be- paid by the said part y of the second part, and the said part y of the second part hereby waive s all rights <br />of offsets or deductions because of the payment of any such taxes and assessments, until the aforesaid purchase money <br />shall be, fully paid, in the manner above stated. <br />- `[li'e part r -of' e"secoil part urtlier agree ' to'hold the said premises -£roar the date hereof, as the tenant <br />by sufferance of the -said parr; y of the first part,,subject to be removed as his tenant holding C <br />over, by process under the statute in such case made and provided, whenever default shall be made in the payment of <br />any, of the installments of purchase money, interest, taxes or assessments as above *Specified; and not to do any act what- <br />soever which tends to depreciate the value of said premises._ . <br />Second; That the said part y of the first part, hereby agree sand binds himself,hisheirs, executors, <br />and; administrators, that, in case the aforesaid sum of Eighteen Hundred (01800.00 )---- Dollars, <br />with the interest and.bther moneys shall be fully paid_ and all the conditions herein provided shall be fully performed <br />at the timesandin the manner above specified, her will, on demand- thereafter cause to be executed and <br />deli,'ered to the said part y of the second part, or his heirs or legal representatives, agood e <br />and sufficient Warranty Deed, in fee simple, of the premises above described, free, and clear of all legal liens and incum- <br />brances, except the taxes and- assessments herein agreed to be paid, by the part of the second- part and except any <br />liens and incumbrances created by the act or default of the part y of the second part, iris _ heirs, legal represen- i <br />tatior assigns <br />_ Pa-rty of the first part agrees to furnish party of the second. part an abstract _ <br />-shown merchantable title. when deed is -delivered. - <br />4ilc= _,w�__.4-a-r-+.< _+- W%.^�t -...r - - yy •---- _y..�..r - a--^w.-„'�'!Mk'�.- n2 - _ - .�.-m+a� +-b.a,_� - '—a'.gair.i-.f�:��w�w.y� - _..+Y�_�y. _ 1 <br />F <br />