|
Dollars: ��1050.00_-). at, tthe t ime'- OT time's an
<br />VOL
<br />n th f ollowino- The- Dollars
<br />M- oxe p-ar, zoft�h' payable on, the 30.th day of each
<br />and eVery, month on theWth aay: of- De cembe r 19289.
<br />imt 11 1\1 2veMb�e r, 310�,. 1%-', when the'whole unpaid balance shall be
<br />due. Int Oroat at s ix -pow cex.i�t per annuz shall be computed on
<br />all unpaid balances monthly on tha part,,ial J�ayment plan, interest to,
<br />be deducted
<br />frorA
<br />each monthly
<br />payment,,
<br />and
<br />balance
<br />to be
<br />credited, to
<br />Principalp
<br />said
<br />payments to be
<br />made at
<br />the
<br />office
<br />of The
<br />Westmorland
<br />Company, 232 State Street,'Madioon, lYisconsin, and further agrees to
<br />pay all taxes and assessments,, general or special, which may here-
<br />after be levied or assessed on the above described premises, previous
<br />to the day appointed by law for the sale of such land for taxes; the
<br />taxes for the year 19 29 to "be p�.-AJ by the kart.L_ of the second
<br />part; and the part y
<br />of the second. part agree to never suffer or
<br />commit waste or damage upon the said premises.
<br />Fourth-. The times of payment above mentioned are of the
<br />essence of this contract,, and in case the paTt.Z_ of the second
<br />part shall fail to make any suoh payments at the time agreed upon or
<br />within thirty (30) days thereafter, or shall fail,,to pay the taxes
<br />or assessments as aforesaid, or shall otherwise breach this agreement ,
<br />the party of the second part shall,, at the option of the party of
<br />the first part,, be deemed to have abandoned and given up to the
<br />party of the first part all right,, title and interest in and to the
<br />above described premises and to any payments which shall have �een
<br />made hereunder and all right of action upon or growing out of this
<br />agreement&
<br />Fifth: The covenants and agreements herein contained shall be
<br />binding upon and shall inure to the benefit of the respective
<br />parties hereto, their heirs, administrators, successors and assigns.
<br />Sixth: It is farther agreed, as part of the foregoing con-
<br />sideration, that party of the first part will extend the city water
<br />main in the street in front of said lot above desoribed, on or
<br />before three years from the date hereof—, or, when a dwelling house
<br />is to be constructed upon said lot , and at s�ich time when water
<br />is needed in the construction of s9id dwelling house. All pro-
<br />vided,, however, that �easonable notice be given party of the first
<br />part of the construction of a dwelling house and the.,necessity
<br />for water for use in construction, and provided furth-er that
<br />weather conditions permit installation.
<br />Seventh: Party of the first part further agrees to extend or
<br />have extendod,, at its own expense, gas mains to the lot, line for
<br />serving the lot above described with gas for heat and illumination
<br />on or before thFoe years fxom the date hereof, or, when a dwelling
<br />house is erected on said lot . same will be done forth%Nith, All
<br />vbject-however to weather c7iiditiona, strikes, accidents or other
<br />
|