VOL 86 PAGE
<br />The said payments to be made to the part ie.l of the first part, at P, adi son, Wisconsin 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--. ➢ani - and State of Wisconsin, to -wit:
<br />Lot SEVEN (7), Block THREE (S), NOETH GARDFM ,
<br />in the City of Madison, according to the recorded
<br />plat, tbereofo
<br />subject, however, to the following reservations and restrictions which are intended for the mutual benefit and advantage of all
<br />the lots in said plat and which -shall run with the land, to -wit:
<br />1. The line of any building or any part thereof erected on these premises shall not be nearer to the street line than
<br />twenty feet.
<br />2. No part' of the main building erected on any lot shall be nearer to the side lot line than six feet.
<br />3. No building erected elsewhere shall be mooted on to any lot in the plat.
<br />4. No building to be used as a residence shall be erected on any lot unless the actual cost of said building be not less
<br />than $3,000.
<br />5. For a period of two yearafter July 15, 1928, the grantor reserves the right to construct a sidewalk along the front-
<br />age of any or all lots in the plat, if in his discretion it is advisable, the actual cost thereof to be repaid to him by the then
<br />s
<br />owner of the lot or lots within 6 months from the date of completion, with interest at 6°h. For this purpose the vendee in a
<br />contract of purchase shall be deemed an owner.
<br />6. None of the lots shall be conveyed to, used, owned, or occupied by negroes as owners or tenants.
<br />7. For a period of five years from July 15, 1928, no building shaII be erected on any lot until the exterior plans thereof
<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 on his part and on the part of any present or future owner of any
<br />lot, and in common with other owners, to perpetually use that part of the plat designated as Pole Line Service Strip, such
<br />designation being by lines "X" for the purpose of installing, repairing, renewing, extending and maintaining thereon pules,
<br />wires, pipes, conduits and other construction and accessories for light, power, telegraph and telephone purposes.
<br />The said parties of the second part further agree that they will pay, when due and payahlc, all taxes
<br />and assessments which have been assessed or levied on the above described premises since the 1st day of January, A I )
<br />1929 , and also all such as may be hereafter assessed or levied thereon, or upon the interest of said part1es of the first
<br />part in said premises; and also all taxes and assessments nowor hereafter assessed or levied against any mortgage which
<br />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 contra( -t, and
<br />promise and agree that the interest of the parties of the first part and the interest of the part ie s of the -.co )nd
<br />part in said real estate, and the interest of any party holding a mortgage against said real estate, durhlg the• term (4 this
<br />contract, shall be assessed for taxation and taxed together, without separate valuation, as unincumbered real estate, and
<br />shall be paid by the said part les of the second part, and the said part ies of the second part hereby wak I, all right
<br />of offsets or deductions because of the payment of any such taxes and assessnhcrlt,, until the aforc,.Iid 1�I,r1 hxw nwil \
<br />shall be fully paid, in the manner above stated.
<br />The parties of the second part further agree to hold the said prcnhi,c,, from the date hereof, a, the tcn:lnt
<br />by sufferance of the said part iesof the first part, subject to he rcmll\cd a, their tcn-1111
<br />over, by process under the statute in such case made and provided, \\ he•rn \ Cr drfault `hall be nlaldc III the I1•1\ 11t1 nt ell
<br />any of the 1nSLallmcnts of purchase money, interest-, taxes or assessmCntI, a, ;iN)V'c iht:d; lmd IUII t�) del ill I\ ,n l VAh;1t -
<br />soe\•er which tends to depreciate the value of said premises. their
<br />Second, That the said part ies of the first part, hereby agree lad bli-themselves/ 111t III, extent(,!',
<br />and administrators, that, in case the aforesaid sum of Six Hundred ($600) 1 )A1.II .,
<br />with the interest and other moneys shall be fully paid and all the conditions herein pr)idcd .i .Ill b. fully i)/ l 1; �? Il , d
<br />at the times and in the manner above spccificd,—tbay \\ ill, oil dcnuln.!, th(.1 _Ifter c:III,e to be cxct III, ,l nnJ
<br />delivered to the said parties of L11C second }part, or their hclrt, or 1C ,•i� I'ci�i',',Ctlf;ll I 1 ;, ukl
<br />and sufficient Warranty Deed, in fee simple, of the premie, ;1b1 ve do ..gibed, fr, 111,1 1. Icar l't .III lq,'al li,'l1, and In, ant
<br />brances, except the taxes and assessments herein agreed to be paid by the hart ieS III the ' .00d 11,111 ;1,111 CX.—L'i't
<br />liens and incumbrances created by the UCL or default of the i'larL ieSof the ,eCO Ild I'lart, their heirs, lel;al rrl rc, n
<br />tatives or assigns, and to furnish with the deed an up-to-date abstract shoring good and mer-
<br />-chantable title in the premises herein conveyed except as to acts or omissions of said.
<br />second parties* _
<br />Third, It is distinctly agreed and understood by and hetwecn the 1,artic, hereto, that, If the „II,I )';Ines 0
<br />the second part shall fail to make any of the payments of purchase money and intcrc,t al- ,\e si•e--ificd, alt tilt [MIL, Acid
<br />in the manner above specified, or fail to pay the taxes and assessments, as above ,Lif\ulaltc,l Or \ 1111,1tc ;In\ othc r trrnr. (A
<br />conditions herein contained, this agreement shall, at the caption of the said hart ieS of the fm<t Dart, be hI.ncrf(Irth
<br />utterly void, without any notice whatsoever, and all payments thereon forfeited, subject 10 he r1\'i\rd autd re'nrwcd l,nly
<br />by the act of the part ies of the first part, or the mutual agreement of both hartic�.
<br />The said part ies of the second part further promise and agree that in cage of the contmc11ccnu'nt of an
<br />action to foreclose this contract, and also in case of the foreclosure thereof, they --- \\ ill 1\a},, in
<br />additon to the taxable costs and expenses incurred, a reasonable sum of money as attorneys fees _
<br />In Witness Whereof, the said parties have hereunto set their bands and seals this 23rd {a,y
<br />of February , A. D., 19 29.
<br />SIGNED AND SEALED IN PRESENCE OF
<br />.--.=' --
<br />State of Wisconsin,
<br />ss.
<br />Dane County.
<br />' c `\ff� x `< (S1
<br />.(SEAL)
<br />Personally came before me, this ---23rd day of FebruaryA p 19 2g
<br />the above namedPAU7, 1 , 9TAZ, JULIA B. ST:Ag, OIK HOVIANA and ANNA HOVIAM
<br />t;a�Pt'o ire the person a who executed the fore ging instrument and acknowledged the same.
<br />-
<br />14,
<br />- ----------- " -
<br />{�
<br />x
<br />„ �•
<br />MAR 2 19 Notary Public ................ ....Bane- .............
<br />.... ..... County, Wis.
<br />At....o'clock, to p.
<br />My commission -ex tress. . ._A, D., I9 ..
<br />
|