Laserfiche WebLink
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 />