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10L st fid . ¢ Published by Eau Glatro Book & Stationery Ca,
<br />No..> .-9-% . I,fin oittraet.--4(tithollt T11- (STATE OF IVISCOi1pI1T)
<br />surance Clause—(Sea 235.16, Wic, Statutes.) Form No. 35
<br />TWO article ofS&
<br />tee ent
<br />Made ,and concluded this 28th -day of March
<br />, A. D., xg 35 .
<br />by and between Bernard H. Walterecheit
<br />party
<br />of the first part,
<br />and John Schorn
<br />. party
<br />of the second part.
<br />fttIC009tb I First, That the said pari' of the second part hereby agrees
<br />and binds himself
<br />and legal representatives, to pay, or cause to be paid to the said part. of the first part,
<br />heirs or assigns, the sum of Six Thousamd Five Rundred - - - -
<br />- - - - - Dollars,
<br />in the manner following: One dollar and other good and valuable
<br />conside40fbn
<br />at the ensealing and delivery hereof: and
<br />Fifteen Hundred Dollars at do erd c" one gear
<br />t'ifteen Hundred Dollars at t,:e end of t-io years
<br />Fifteen Hundred Dollars at tr e end of thr ' e ,r a rr
<br />:Fifteen iiaridred Dollars at t, e and of !our years
<br />Five 'Iuridred Dollars at the end oil five veers
<br />Inter -_-3t ai; the rate of Cao - pa -Table annuall,7.
<br />The said payments to be made, to the part:J of the first part, at 1,1sa d i n of
<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 />ji Lots - 1-4-i.-G-7-E�-9-10, 2' -��4 - all in Bloci-_ 3.
<br />all in Bl'bck
<br />Lot: - 1 4. in 31ock 4.
<br />All t�.e above 1( is in the n3corded plat of La'_f, Vit,—i ils 'Po'i!, ct'
<br />3loo►..in �lrov,;, acne ".'ount•7, lisconsin.
<br />Niis Contrc,,`-. ,-i veu ,,unt suntect tc t'-,, ro11 i,i r-;�-tri ,tial Ifl: ,9r". ,
<br />Th,3t no pc,r,r or c 11 �r 1iii.. c s'truc,ti.r. ;r_ cis „ 11
<br />`Armor :.ai, t ,;lit:l �et ',c 'aii•i rt abtitt;ir�< <,�� .:r, i .
<br />�;(,:Ot"d: flat no olutbuild?i0` "t `! :lily }.'?]1 hE'. T,. C,
<br />nor- ti uii 0),' in raitT'!t;
<br />iiiird: 'c'hat t�.,-se Pref. ise:; .:1]- not iso :old cr ,or r i.c i r° r
<br />o C African blood.
<br />"'ourth: ,.'hat no huilJina shaJ2 be erectod or: t'• e,,^ 1 to t 1
<br />ti-,aii , 3-00.00.
<br />The said part:% of the second part further agrees that he will pay, when due and pay-
<br />able, all taxes and assessments which have been assessed or levied on the above described premises since
<br />the first day of January, A. D., zg 35 , and also all such as may be hereafter assessed or levied thereon, or
<br />upon the interest of said party of the first part in said premises: and also all taxes and assessments
<br />now or hereafter assessed or levied against any mortgage which may exist against said premises, or
<br />against the note or the indebtedness secured by such mortgage, or against the interest in said premises
<br />of any party holding a mortgage against said premises during the term of this contract, and promises
<br />and agree S that the interest of the party of the first part, and the interest of the part.V of
<br />the second part in said real estate, and the interest of any party holding a mortgage against said real es-
<br />tate, during the term of this contract, shall be assessed for taxation and taxed together, without separate
<br />valuation, as unincumbered real estate, and shall be paid by the said party of the second part, and
<br />the said part y of the second part hereby waives all rights of offsets or deductions because of the
<br />payment of any such taxes and assessments, until the ,aforesaid purchase money shall be fully paid, in the
<br />manner above stated.
<br />The party of the second part further agrees to hold the said premises from the date hereof, as
<br />the tenant by sufferance of the said party of the first part, subject to be removed as tenant
<br />holding over, by process under the statute in such case made and provided, whenever default
<br />shall be made in the payment of any of the installments of purchase money, interest, taxes or assessments
<br />as above specified and not to do any act whatsoever which tends to depreciate the value of said premises.
<br />Second, That the said party of the first part, herebg agrees pnd bind s 1118 heirs, exec-
<br />utors and administrators, that, in case the aforesaid sum of Sixty Vive hhundred Dollars,
<br />with the' interest and other moneys shalfi be fully paid and the conditions herein provided shall be fully
<br />performed at the times and in the manner above specified, he will, on demand, thereafter cause
<br />to be executed and delivered to the said part , of the second part, or has heirs or legal rep-
<br />resentatives, a good and sufficient Warranty Deed, in fee simple, of the premises above described, free
<br />and clear of all legal liens and incumbrances except the taxes and assessments herein agreed to be pain" by
<br />the part' of the second part and except any liens and incumbrances created by the act or default of
<br />the part' of. the second part, his heirs, legal representatives or assigns.
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