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55U29
<br />TWO artide of agreement
<br />Made and concluded this 1st day of June A. D., zg33- '
<br />by and between A- E® Garet'
<br />party of the first part,
<br />and Milton Strong '
<br />part y of the second part.
<br />WItntoortb,+ :First. That the said part y of the second part hereby agree Sand bind s himself and
<br />his legal representatives, to pay, or cause to be paid to, the said part y of the first part, his
<br />heirs or assigns, the sum of Eight hundred. ( 800) -------------------------- zollars,
<br />in the manner following: Ten (10)----------------------------'�—;' a o' Dollars,
<br />at the ensealing and delivery hereof: and. Ten (10) Dollars on or before the @rid of
<br />each calendar month thereafter for a period of four years, or forty-
<br />eight.calendar months} provided., howevere that the party of the second
<br />part may pay all of the principal with interest or any amount of the
<br />pri.npipal with interest over and above the regular monthly payment
<br />upon any installment paying date® Upon the expiration of forty-eight
<br />calendar months, the balance of the contract becomes due and payable
<br />immediately. At the end of each six calendar months period, all pay-
<br />ments made on this contract during the previous six months are to be
<br />computed and first applied upon interest at the rate of six (6) per
<br />hes'ranumadthob'hepzteappliedupon theprincipal,
<br />ents teat
<br />and the same being intended to apply, when fully completed, as the purchase money for the following
<br />tract, piece or parcel of land, situated in the County of Dane and State of Wisconsin, to -wit:
<br />Bart of Lot Eight (8) ., BY01c 'six (6) ., Plat of Shore Acres, Town of
<br />Blooming Grove, according the recorded plat thereof, and being more
<br />particularly described as follows; The Southwosterly Sixty Feet
<br />(Sally 602) of Lot Eight (8), Block Six (6)e
<br />This contract is given with the following restrictions; First, That
<br />for a period of twenty-five (25) years' from September 89 1911, the
<br />porch. or other lire, of structure erected on these premises shall not
<br />be. nearer than twenty (20) feet to any, street abutting sin. -.these
<br />premises* Second, "khat -during said period of twenty-five 125) yearb
<br />no outbuildings of any kind shall be erected on these premises more
<br />than one story in height, Third; That these premises shall not be
<br />sold., leased or conveyed to persons of African b_ food •for a period of
<br />twenty-five (25) years from date thereof-..
<br />The said party of the second part further agree s that 'he will pay, wherr due and pay
<br />able, all taxes and assessments which have been assesser,,or levied on the above described premises since
<br />the rst clay of January, A; D'., zg 35 °,• and also all such- as, may be hereafter assessed or levied thereon, ar
<br />upon the interest of said party of the first part-inFsaid premises;; and also, all taxes and assessment,
<br />now or hereafter assessed or-lev'ied against any mortgage which- .may exist against said premises, - or
<br />against the note - or the indebtedness secured uy such mortgage, or against,the interest- in said premises
<br />of any party h6lding a mortgage against said premsses during the term of this contract, and promise s
<br />and'agree s that the interest of the part ,y, of the, first part,_ and the interest of the, part{' of
<br />the second part •in -said real estate, acid ;the interest of any ,party holding, a- mortgage against sats real es�-
<br />tate, during the term of.this contract, shall _be assessed �f or. taxation and taxed together, without separate
<br />valuation, as unencumbered rear estate, and shall be. paid 'by the said. party of the second pant, ani
<br />the said party of the second part hereby, waMbS:' all -rights of offsets or iTeductions ;because of th'e
<br />payment :6:f an -such faxes and assessments, until the aforesaid purchase money -shall be fully paid, in tbu
<br />manner above stated'._
<br />Tlre• part :g; - of the second`.- part further agree;' that the said part -k, of the first part shall
<br />insure- acrd kee,p insured against less' or damage by firer the building now- an said premises and such as
<br />may hereaffer be erected'thereon during the life of this contract In -the sum -of at least
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