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513160
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513160
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} _at the tie or` times mes and -it the manner f, 611%, .. <br />the sum- of Tenn -------- - <br />Dollars <br />or more per -month payable on tho lat day of each an& <br />o <br />every month, beg°inxi: ng on the Ist dayof, septeinter " 27' <br />untilu;us.t _l_ 19.001 when the whole unpaid balance <br />shall be due. Interest at "six (6) per cent per annum shall be <br />computed cin. all unpaid balancos monthly on the part, al payment <br />plan, interest to be deducted from each monthly payzne--nt, and <br />balance to be credited to principals said payments to be made <br />at :the 0o=ercia? National Bank of Madison, Wisconsin, <br />and further.agree:� to pay all taxes and assessments, general or <br />special, which may hereafter be levied or assessed on the above <br />described premises, previous to the day appointed by law for <br />the sale of such land. for taxes; the taxes for the year 192 7 <br />to be paid by the part of the second part; and the part <br />of the second part agrees .to never suffer or commit waste or <br />damages upon, the said. 'premises. <br />Fourth: The times of payment above mentioned are of the <br />essence of -this contract, and in case the partes of the recon& <br />part shall Fail to make any such payments at the time agreed upon <br />.or within thirty (301 days thereafter, or shall fail to pay the <br />taxes or assessments as aforesaid., or shall otherwise breach this <br />agreement, the party of the second part shall., at the option <br />of the party of the first part, be deemed. to have abandoned and <br />given up to the party of the first part all right, title and <br />interest in Sn& to the. above described: premises and to any pay- <br />ments which shall have been made hereunder and all right of <br />action upon or growinV-out of this agreement. <br />I <br />Fifth: The covenants and agreements here is . contained <br />shall be binding upon and shall inure to - the benefit of the j <br />respective parties hereto, their h6�rs,F administrators; successors <br />1 and assigns. Thiscontract is, --executed- in d.uplieate, I <br />IN WITNESS- WHEREOF, party of the first part .has caused I <br />i <br />these presents to -be signed: by its President and_ eountersigned <br />by its secretary,and has caused to i <br />E. affixed hereto its <br />corporate deal, and: partes of the second part has.. hereunto <br />y <br />set his 'hand and, seal. ' � this 1st day. of August <br />A. D. 19 27 <br />VV <br />
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