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A <br />hat thi s agreement and the said deed of conveyance shall be subject to the reservations and <br />astrictions hereinafter stated, ,which -said .reservations and restrictions are to be construed as <br />ovenants running with the land, to -wit; <br />1, None of said lots shall be ,conveyed to, used; owre d, nor occupied by negroes as owner <br />r tenant. ! • . <br />2. For a period cf twenty five years from October 1, 1921, first party shall have the right <br />o require1plans for the exterior design of any building or structure to be erected upon any lot <br />n said plat to be first .submitted to and approved by an axpert acceptable to first party. <br />3. That for said periiid of twenty five years no building on any lot in said plat shall be <br />.sed for other than residence purposes without written consent of the first party. <br />4. That for said period of twenty five years no building previously erected elsewhere <br />shall be moved upon any lot in said plat. <br />5. That for said period of twenty five years no more than one dwelling house shall be con- <br />itrueted on any lot in said plat without the written consent of the first party. <br />6. During said twenty five year peridd it is agreed that no wind mill be constructed upon <br />;aid lots or any lot in said plat and that no barn or outhouse,. or .garage shall be constructed <br />tpon said plat or any lot in the plat without written consent of the party of the first part as <br />;o its necessity and location. ' <br />7. That the dwelling house to be erected upon said lot shall be erected upon substantially <br />;he site indicated for the same upon the map of said first and second additions to Shorewood <br />>repared by O.C. Simonds and Company. <br />Second: It Is further understood and aigreed that the party of the first part will, not <br />,ater than September 1, 19-- construct on the street in front of this lot, a road of concrete or <br />rn/ <br />iacadem with tarvia filler, of a minium. width -of ---feet; this road to be paved at the expense o1 <br />she *party of the f1 rat 'p6.rt. <br />It, ;s further understood and agreed that the owner of this lot -has a, -right of way to . the <br />lake on outlots 2 & 3 in Shorewood;. the'location of said right of way to be designated by party <br />f the first pert. <br />Thins: party of the second part, in'con.sideration of the foragoin?, hereby agrees to .pay ti <br />the party of the first f•:6rt, in addition to the payment aforesaid, the further spun of eleven <br />hundred dollars ($1100.no) at the tine o.r'time s and in the manner following, to�-wi t: $25.:10 or <br />noRe each month commencing July 3, 1924, all to be paid in three years, with interest upon each <br />of said deferred payments at the rate of 6% per annum payable semi-annually; ' and further agrees <br />to pay all taxes and assessments, general or special, which may be hereafter assessed or levied � <br />the premises above .described, previous to the day appointed by or according to law for the sale <br />of such land for taxes or assessments, the„taxes for the year 124, to be paid by'the party. of thi <br />second part; and party of the sectnd part further agrees not to commit or suffer to be committedi <br />any waste or damage upon said premises; <br />Fourth: The times of payment above mentioned a,re of the essence of this agreement, and in <br />case party of the second part shall fail to make any such payments at the time agreed on or <br />within thirty days thereafter, or shall fail to pay the taxes or assessments as aforesaid, ar <br />shall otherwise breach this agreement party of the second part sliall, at the option of the party <br />off' the first part, be deemed to have abandoned and give up -to the party of the first part all <br />right, title and interest in and to the above described premises, and to any payments which <br />shall have been made hard under end all the right of action upon or growing out of this agreement <br />Fifth; The covenants and agreements herein contained shall inure to the benefit of and be <br />binding upon the respective parties hereto, and their successors, heirs, personal represent ative <br />and assigns. <br />In Witness whereof party of the first part has caused these presents to be signed by its <br />;president and countersigned by its Secretary, and has caused to be affixed hereto its corporate <br />seal, and party of the second part has hereunto set his hand -and seal this '3rd .day of June 1924: <br />n <br />