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<br />The said payments• to be made to the part ie:s of tlW first part, at 12aPJ, Hfflin St.s Yadi.son, "•Wisconsin,
<br />and the same being intended to appy, when fully coinpleted,- a§ the purchase money for the following tract, piece or
<br />parcel of land, situated in the County -f. Dane and State of Wisconsin, to -wit:
<br />WJ
<br />Lot TEN (:Lo � , = B10 ck FTVF, (;?) , IVORTH anFXs , in t he
<br />City of Edison, according to the recorded plat there-
<br />of.
<br />subject, however, to the following reservations and restrictions which are intended for the mutual benefit and advantage of all
<br />the lots in said plat and which shall run with the land, to -gut.
<br />1. The line of any building or any part thereof erected on these premises shall not be nearer to the street line than
<br />twenty feet.
<br />2. No part of the main building erected on any lot shall be nearer to, the side lot Iine than six feet.
<br />3. No building erected elsewhere shall be moved on to any lot in the plat.
<br />4. No building to be used as a residence shall, be erected on any lot unless the actual, cost of said building be not less
<br />than $3,000.
<br />5. For a period of two years after July 15, 1928, the grantor reserves the right to construct a sidewalk along the front-
<br />age of any or all lots in the plat, if in his discretion it is advisable, the actual cost thereof to be repaid to him by the then
<br />owner of the •Iot or Iots within 6 months from the date of completion, with interest at 6ojo. For this purpose the vendee in a
<br />contract of purchase shall be deemed an owner.
<br />6. None of the lots shall be conveyed to, used, owned, or occupied by negroes as owners or tenants.
<br />7. For a period of five years from July 15, 1928, no building shall be erected on any lot until the exterior plans thereof
<br />have been approved in writing by the Building Commissioner of the City, of Madison, or, on his failure to act on such plans,
<br />then by- the gxantor hooin -or any licensed architect of the city of Madison.
<br />8. There is hereby reserved to the grantor the right on his part and on the part of any present or future owner of any
<br />lot, and in common with other owners, to perpetually use that part of the plat- designated as Pole Line Service Strip, such
<br />designation being by lines "X" for the purpose of installing, repairing, renewing, extending and maintaining thereon poles,
<br />wires, pipes, conduits.and other construction and accessories for light, power, telegraph and telephone purposes.
<br />.r
<br />The said part ies of the second part further agree . that they will pay, when due and payable, all taxes
<br />and ass,essments which have been assessed or levied on the above described premises since the 1st day of January, A. D.,
<br />19 31 , and also all such as may be hereafter assessed or levied thereon, or upon the interest of said part ies of the first
<br />part in said premises; and also all taxes and assessments now or hereafter assessed or levied against any mortgage which
<br />may exist against said premises, or against the note or the indebtedness secured by such mortgage, or against the
<br />interest in said premises of any party holding a mortgage against said premises during the term' of this contract, and
<br />promise and agree that the interest- of the part ie s of the first part and the interest of the part iev of the second
<br />part in said real estate, and the interest of any party holding a mortgage against said real estate, during the term of this
<br />contract, shall be assessed for taxation and taxed together, without separate valuation, as unincumbered real• estate, and
<br />shall be paid by the said parties of the second part, and the said part ies of the second part hereby waive all rights
<br />of offsets or deductions because of the payment of any such taxes and assessments, until the aforesaid purchase money
<br />shall be fully paid, in the manner above stated.
<br />The part ie s• of the second part further agree to hold the,,said premises from the date hereof, as the tenant
<br />by sufferance of the said parties of the first part, subject to be removed as their tenants holding
<br />over, by process under the statute in such case made and provided, whenever default small be made in the payment of
<br />any of the installments of purchase money, interest, taxes or assessments as abwc spc ificd; and not to dD any act what-
<br />soever which tends to depreciate the value of said prernises. their
<br />Second, That the said parties of the first part, hereby agree and bind themse lve s , / heirs, executors,
<br />i and administrators, that, in case the aforesaid SLIM of Seven Hundred ($700) Dollars,
<br />with the -interest and other moneys shall be fully paid and all the conditions herein provided shall he fully performed
<br />Iat the times and in the manner above specified, they will, on demand, thereafter cause to be executed and
<br />f delivered to the said parties of the second part, or their heirs or lc„al representatives, a good
<br />and sufficient 1%b'arranty Deed-, in fee simple, of the premises above descrihed, free and clear of all legal liens and incum-
<br />brances, cxccpt the taxes and asscssments herein agreed to be paid byrthc part ies of the second part and except any
<br />liens and incumbrances created by the act or default of the parties of the second part, their heirs, Legal represen-
<br />tatives or assigns , and to furnish with the deed an itp-to-date abstract show int: -ood and _
<br />merchantable title in the premises herein conveyed except as to acts or omissions of said
<br />second parties.
<br />Third, It is distinctly agreed and understood by and between the parties hereto, that, if the said part ies of
<br />the second part shall fail to make any of the payments of purchase money and interest aboe spe ified, at the times and
<br />v
<br />in the manner above specified, or fail to pay the taxes and assessments, as above stipulated, or violate any other terms or
<br />conditions herein contained, this agreement shall, at the option of the said part ies of the first part, he henceforth
<br />utterly void, without any notice whatsoever, and all payments thereon forfeited, subject to be revived and renewed only
<br />by the act of the part ies of the first part, or the mutual agreement of both parties.
<br />The said part ies of the second part further promise ;I and agree chat in case of the commencement of an
<br />I action to foreclose this contract, and also in case of the foreclosure thereof, they will pay, in
<br />additon to the taxable costs and expenses incurred, a reasonable sum of money as attorneys fees -
<br />In Witness Whereof, the said parties have hereunto set their hands and seals this third day
<br />II of Augu. s t , JA. D., 19 31.
<br />SI E AND SEALED IN PR CE OF
<br />------------
<br />__f ....... ...... . .............................. . ..-_ .............
<br />e of Wisconsin,
<br />5S.
<br />Dane County.
<br />w1
<br />Personally came before me, this, third day of - A.ugust �^y'4;'
<br />the above named PAUL E. • STARK, JULIA E. STARK, FRAUX E . FARFML and CATHEC I;W"'�
<br />to me known to be the person s who executed the foregoing a cltnowledged the same= NX F : A 17 ^!
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<br />Notary Pu rC._.___.� Dante . - - __:Cditrit y,
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<br />�,CIpC:93
<br />My commission expires -------- .__._.--- ........ ........ .AD.,
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