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<br />– — T Seot3on 2.31 -
<br />1F»5tatutes,
<br />k P'
<br />11140 AM& of AgraWufll
<br />Made and concluded this 7 '� day of March , A. b., 1930-
<br />by
<br />9 30-
<br />b and between Gu T. Ellis and Ju � Ellis his wire, -
<br />y Y �
<br />part ids of the first part,
<br />and Robert E,. Douglass aid Ada Mae Douglass, husband and wife, and. as
<br />-Joist 'tenants, , part les of the second part,
<br />Witnesseth, First, That the said part les., of the second part hereby agree and hind themselves _
<br />- thei.r legal representatives, to pay, or cause to be paid, to the said parties of the first part, their, heirs
<br />or assigns, the sum of sixteen _Thousand (,r)160000,00) ------------------------------ 0611ar43
<br />in the manner following: Two Thousand ($2,000,00) --------------------------- -----------------_---- Dollars,
<br />at the ensealing and delivery hereof: Balance of Fourteen Thousand (.41,4,000.00) Dollars payable-
<br />One
<br />ayable-One Hundred ($100,00) Dollars or more each month eommencing Tidy lst, '1930; with interest
<br />on all unpaid balances at the rate of six per centum (6%) per dna, payab��e semi-ax�nuall
<br />on the 1st day of November and May of each and every year. On Clay lst, 193 s, princ pal
<br />sum Is to be reduce& to 21§lt Thousand (08,000,00) Dollars dt which time, parties of the'
<br />first pirt will deliver to the parties of the second part, a Warranty Deed, freer and clear
<br />of all incumbralioes and tal'Wu aek a First.Mortgage of ]tight Thousand (08,000,00) Dollars
<br />payable Three Years from date, (May l.st, 1536), vaith interest at the rate of six per centum
<br />(6%) per annum., payable semi-anmallya
<br />I
<br />. 4 I)
<br />The said payments to be made to the parties of the first part, at the place designated by the parties
<br />-of the :First part, _ el
<br />and the same being Intended to apply, when fully completed as the purchase money for the following tract, piece or parcel
<br />of land, situated in the County of Dane and State of Wisconsin, to -wit. li
<br />Dot One Hundred Nine (109) , Second :%ddition to Shoreivood, formerly in the Tovm of �
<br />;Madison, nova in the Village of Shorewood Hills, according to the recordea plat thereof.
<br />Provided hod=ever, that this agreemnt and the said deed of conveyance shall be
<br />subject to the reservations and restrictions hereinafter stated, Which said resorvut ions y
<br />and restrictions are to be construed as oovanants running with the land, to -.vitt
<br />la TTone of said lots shall be conve-rod to, used, mmed:, nor Occupied by negroes as
<br />ovaner or tenant.
<br />. dor a variod. of t !ont•,• 'jvo -..,oars Ir,,); -,,.October 1, 1321, a ?e T`:3i 'itz LLnd Co.
<br />n y� for tido c=;' ,rior dosi a of
<br />i .aai�or., Alconsin, shall h, -1v,3 t.1 ri_,-.t to re lire -1-_ 0
<br />mai-i builain', or structure to bo Qweeted upon :any lot in said flat to be fir^t sub.�itt3__ to
<br />roved by an exp actable to said :rt;13 Fel,ghts Tana
<br />30 That for said i-,ariod of t37,ent—five -ears no building oz: •a;ly lot in said i:l-t
<br />:;:,,11 b3 uu:)d .for of ger ros idenco 1-ur,)osos 7'ji.t4out varitt3r_ cons3r.t of the aa;le
<br />::ii i'-fat^a
<br />Lind C.roI any,
<br />4. .at for said i�arioa of t^o it -fivo yejrs no buLl�iin� ,.roviousl, :i•ectoi clsocv �.r3
<br />shkll be -coved upon any lot ill said ,late
<br />3. That for said period of trent,.-five years no dopa t:ean one dt:'ollin; ia0uue �l.all be
<br />constructed. on spar lot in said ,.plat without tide yard tten consent of t',1.1, "la�?e ;ui�nt:. ;and
<br />0O.gpany.
<br />' 6, During said twenty-five ;year period it is agreed Haat no vS nd mill be cams trac to i
<br />upon said lots or any lot in suis plat and that no barn or outhouse or gars e shall be
<br />constructed upon said plat or anylot in tele plat 1%ithout written consent of the
<br />:?el;hts Land Company as to its necessity and location,
<br />7. at the dwelling house to be erected. upon said lot shall be erected upon szzb-
<br />hstantially the site indicated for the same upon the map of said .First mid Socond '.dditlons
<br />to Shorewood prepared. by Oe C. Simonds and Company.
<br />It is farther understood and agreed th-2t the owner of this lot has a right of way
<br />to tzxQ lake to on 0utlats Two (2) "- Three (3) in Shorewood; the location of said right of way
<br />to be designated by said :agle Heights ,and Company.
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