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eontrrraet of purchase shall be deemed an ownex. �• -' "`---""' _ - "'-"-" �-^�--_ "��^�-_ - --• --
<br />fi. Noine'of the lots shah be conveyed to, used, owned, or occupied by negroes as owners or tenants, nn`` {p3
<br />7. dor a- pexiod of five_years from July 15, 1928; no building shall be erected on any lot until the ex�c'i�r plal'1ei�
<br />have been approved in writing by the Building Commissioner of the City of Madison, or, on his failure to act on such plans,
<br />then by the grantor herein or any licensed architect of the city of Madison.
<br />8. There is hereby reserved to the grantor the right an his part and on the part of any present or future owner of any
<br />lot, and Tri common with other ovmers, to perpetually use that part of the plat designated as Pole Line Service Strip, such
<br />designation being by lines "R" for the purpose of installing, repairing; renewing, extending and maintaining thereon poles,
<br />wires, pipes, conduits and other construction and accessories for light, power, telegraph and telephone purposes.
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<br />The said part:LAS-of the second part further agree --- that- __they___will pay, when due and payable, all
<br />taxes and assessments which have been assessed or levied on the above described premises since the 1st day of
<br />January, A. D., 19-Zg , and also all such as may be hereafter assessed or Ievied thereon, or upon the interest of
<br />said part -ie -Sof the first part in said premises; and also all taxes and assessments now or hereafter assessed or
<br />levied against any mortgage which may exist.against said premises, or against the note or the indebtedness sevitred
<br />by such mortgage, or against the interest in said premises of any party holding a mortgage against said premises
<br />during the term of this contract, and promise --- and agree --- that the interest of the part- e.S..of the first part and
<br />the interest of the parf'Le,%-of the second part in said real estate, and the interest of any party holding a mortgage
<br />against said real estate, during the term of this contract, shall be assessed for taxation and taxed together, without
<br />separate valuation, as unincumbered real estate, and shall be paid by the said pard" -of the second part, and the
<br />said parte-sof the second part hereby waive --- all rights of offsets or deductions because of the payment of any
<br />such taxes and assessments, until the aforesaid purchase money shall be fully paid, in the manner above stated.
<br />The partlps-of the second .part further agree --- to hold the said premises from the date hereof, as
<br />the tenant9__by suffer<;nce of the said part:LeS-of the first part, subject to be removed
<br />------------ holding over, by process under the statute in such case made and provided, whenever default shall be
<br />made in the payment of any of the installments of purchase money, interest, taxes or assessments as above spcciticd ;
<br />and not, to do any let whatsoever which tends to depreciate the value of said premises.
<br />Second, That the said partJp,,c3,of the first part, hereby agree --- and bind-t,e4.5.g.�.;rGB-,-heirs, executors,
<br />and administrators, that, in case the aforesaid sum of___ ----------- 1)cf11a1'ti,
<br />with the interest and other moneys shall be fully paid and all the conditions herein provided shall be fully perforilwd
<br />at the times and in the manner above specified,-_-_ UPy ____will, on demand, thereafter cause to he excented wid
<br />delivered to the said partip,5-of tfie second part, or_-__ O _the -.r______ -__heirs or legal represf,wat.ives, a good
<br />and sufficient Warranty Deed, in fee simple, of the Premises above described, free and clear of all legal Herts anal
<br />incumbranees, except the taxes and assessments herein agreed to be paid by the parde..8_of the second part and
<br />except any liens and incumbrances created by the act or default of the part3.eA_of the second part, -the heirs.
<br />legal representatives or assigns-�_,c�'d-_to--furnlah w1th-the-A@8.d._an- a,1,p-to--Platz-B.batract
<br />_the
<br />the_sscgndart�--------------------
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<br />Third, It is distinctly agreed and understood by and between the parties hereto, that, if the said part„ ezof
<br />the second part shall fail to make any of the payments of purchase money and interest ahove specified, at the tirfles
<br />and In the manner above specified, or fail to pay the taxes and assessments, as above stipulated, or violate any other
<br />terms or conditions linn-in contained, this agreement shall, at the option of the said part._:LOSDf the first part, b(,
<br />henceforth utterly void, without any notice whatsoever, and all payments thereon forfeited, subject to be revived
<br />and renewed only by the act, of the part-jasof the first part, or the mutual agreement of both parties.
<br />The said part ie -&of the second part further promise___and agree --- that in case of the eommr-neement of
<br />an action to foreclose this contract, and also in case of the foreclosure thereof ,-___-__-±',hey --------- will 1>ay, in
<br />addition to the taxable costs and expenses incurred, a reasonable sum of money as attorney's fees
<br />In 'Witness Whereof, the said parties have hereunto set Their hands and seals t'his__--_._ fir-st da;:
<br />S�pT tember 2Qo
<br />RIGNIf.�-)-- NI1 ::PALP: I PIi1;,RI;NC'r•, of .<�Q `✓ I AL)
<br />(f ---- 1 - (SEAL)
<br />---- -- - ---- - - �------------------------
<br />- ----- - - - ---- - - --- (SEAL)
<br />(SEAL.)
<br />------------ ---
<br />State
<br />__State of Wisconsin, 1
<br />}ss.
<br />-------------------ane------------ county.J
<br />Personally came before me, this -------- -fit ---- day of ---------- ePkQ& Q9___-_--_, A. D., 19-M
<br />r
<br />j' the above named ------- l.L�._ Q_ ? s1i1.8._I!;mA.3'I �--------hn ------------ 7�-------eona Mo
<br />--------,
<br />Jeeb ----------------------------------------------------------------------------------------------------
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<br />to )x1.q-okno`tv,.,tp ba the person8 -who executed the foregoing inst a and ael;no�vleclged the same.
<br />rl O
<br />T
<br />SEP F - 928
<br />At/—...o'clock.. lM
<br />Notary Public --------- ane U-_
<br />__ -__County, Wis.
<br />�My commission. expires________.,_..__.<..____A. D., ____
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