HomeMy WebLinkAbout026-939-17-1109-SGN-2000-005 n�,��.��u�i�i� i_ur �i�n i'cimit.
County of SaiJycr , ,
The undersigned hereby makes' applicati,on for a Si�n Permit and o•
agrees that all �aork shall be done in accor<lance with tlic requirc- a O
ments of thc Sawyer County Zoning Ordinance and the laws and reg- o
ulations of the State of Wisconsin. �n O
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Issued: June 14. 2000 Denied:_
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Re ister's Office
c� STATE OAR OF W(SCONSLN FORM ll - 1962 9 } SS
2 iy � �(w � LAND CONTItACT Sewyer County
` � InJIrIJud�nd Curpur�lc F� IV6d(Of fBWfd ihlS /� (�8Y O} '
(TO OE USEU FOR ALL 1'NANSAC f(ONS WIIEFE OVER
DOCUMENT NO. 113,UW IS IINANCED ANU IN OI'l1EH NON-CONSUMkR �A D 20�at O�CIOCI(
ACT TNANSACi IUNS) M and recorded as vol. �
or on page 3 -
COill[1C1� byandbe�wecn Gerald L. Kilmei and - � Register
Marian F. Kilmer, husband and wife as
survivorship marital property (•Ve��dor', oepury
whethcr one or more) and Nn hwood Snd � i InC.
('Purchaser',whether one or more).
Vendor sells and agras w convey to Purchaser, upou ihe prompt aud full �xrfurmance '
of thls contract by Purchaser, the following property, together with the rents, profits,
fbctures and a6er appunenani interests (all called the "Propeny), in �
_ SdWv2T County,Smteu(NJisconsin:
' ' � THIS SPACE RESERVED FOR RECORDIN6 WTA ���Q�
I+Ot 1 � Certified Survey Map, Volume� 5, Page NAMEANDRETUHNADDRESS •
327 being a part of the Northeast Qyarter of Z�mQ �uNNE,v �.RW ��e�
/ the Northeast Quarter of Section 17, Township �D 6� R6
39 North of Range 9 West. �p�N£Q, W�
AND
Lot 2 , Certified Survey Map, Volunie 5 , Page 327
being a part of the Northeast Quarter of the 026-939-17-1108
Northeast Quarter of Section 17, �ownship p�pCEl1OENTIFICATIONNUMBER
39 North of Range 9 West. 026-939-17-1101
T�ANSFER
., $ �ODa ao �
FEE -
Th� � � homestcad properry.
(Is) (Is noi) W I 5 4 8 7 6
Purchaser agrces to purchase the Propeny and to pay to Vendor at 643 9 N State Road 2 7 � Stone Lake
the sum of f-200 � 00 0 _00 in the(ollowfng manner.(a)f riOne �
at the exccutlon of this Contract;end(b)the balance o(E 200 . 000 .00 ,togcthcr with inierest from dote
hcaof on the balance ouistanding Irom Ume to Ume at 4u rate of ei4ht percent per annum ump pald in full,u(ollows:
Monthly payments of principal and interest in the sum of $2,426 .56,
commencing September 1, 1999, and on the lst day of each month thereafter.
Provided,however,the entire outstanding balance shall be pald tn(ull on or before che 31 st dAy o( July
�Qb2(the mawrity date). ,, �
Following any default In payment, interest shall acccuc at the rate o( 1�'X, per annum on thc enUre amount In dtfault (which ahall
Include,wichout Iimitation,delinquent interut and,upon accderation or matudry,the enUrc pdncipal balance). _
Purchaser,unicss excuud by Vendor,agrees�o pay monthly to Vendor amounts sumclent to pay reasonably anticlpated Annual taxa,speclal
wcssmcnts, fire ¢nd rcqulred Insurance prcmlums when due. To the extent rccelvcd by Vendor, Vendor agrees to apply paymcnts to thex
obllgptlons whcn due. Such amounts recelved by the Vtndor for payment o[taxes,uussmtn�s and Insunnce wlll be dcposiied Into an exrow '
fund or tcuuee account,but shall not bear interest unless o[herwix requl¢d by law
Payments shall be applkd first�to inarest on the unpalc�balantt xt die rate specified and then to principal. Any amuunt may be prcpaid �
without prcmium or fee upou principal at any time aftsr date Of COR'tr'dCt. ���y.�������
14�fi9S7�BtAQK9WS3QCN1U3aNrXXX
In the event o(any prepayment, this cuntract shall not be treu�ed u in de(ault wit6 rupect to payment so long u �he unpaid balance o(
principel,and Interest(end In such case accruing intcrcst from monqi to month shall be ircaud as unpald pdnclpaq is less ihPn ihe amouni ihu
sald Indcbtedncss would havc been had the monthly paymrnts beep made u first specified above; providtd thu monihly paymrnts shall bc
mntinued In the e¢ent of crcdlt of any proceeds o(Insurance or condemnation,thc condemned premLses being thereafier excluded hece(rom.
Purcliaser stata that Purchaser is sa�is[ied with tt�e tiAe as shown by the title evidence submiued to Purchaser for examinaiion except'nOne
The parties agree to the adcl�.tional terms and conditions setforth in
Exhibit A attached here and made a part hereof.
Purchaser agrecs to pay thc cos[of fuwrc cide evidmce: I(cltk evldcnce Is In the fonn of an abstact, It shall be ¢talned by Vendor untll
tlu(ull purchase pdce Is pald.
Purehaser shali be entitled to take possession of tlie Property oh dat2 Of ContYdCt � ig_.
•cmaauaK. � 6 J 3 9
LAND CONTMCT-Indl�ldud�nd Cor onte � STATE BAR OP WISCONSIN Wl�cwFi LpY 9riN Co„1x
P Porm Np, 11-19BI AYMw�N.yM.
� Purchaser promises to pay when due ell�axes and assessments Ievied on the Propetty or upon Vendork Imeresc In li and co deliver io Vendor
on demand rccNpts showing such paymenc.
Purchaser shall keep the improvements on the Properry insurzd against loss or damage occasioned by fire, ex[ended covenge pedls
� and such other hazards as Vendor may require,wlthout co-Insuronce,through Insurcrs approved by Vendor,In the sum o(5 �(1 fl � (1(L n n ,
but Vcndor shall no[requlrc coverage In an amount morc than the balance owed under this Contract. Purchaser shall pay ihe Insurance premlum
when due, The policles shall con[ain the standard cla�se In favor of the Vendor� Intercst and, unless Vendor otherwist agrccs In writing, the
orlginal o(all pollcics covering�he Property sholl be deposited wlch Vendoc Purchexr shall promptly give notice o(loss io Insurance companles
md Vendor. Unless Purchaser and Vendor othenvise agree in wrlting,Insunnce proceeds shall be epplied to,restoration or repalr of the Pro�xny
dameged,provided the Vendor deems the rescoraiion or repair to be economically feasible.
Purehaser covenancs not to commlt waste nor allow wasce to be commiued on the Propeny, to keep the Propeny In good cenennble
conditlon and repalr, to keep the Propetty free from Iiens supetior to the lien of thfs Contract, and to comply with all laws, ordinances and
Rgulacfons alTecting the Property.
Uendor agrces that in case the purchase prtce with interest and other moneys shall be fully paid and all conditions shall he fully performed
at the tlmes end In the manner above specified,Vendor will on demend,execute and del(ver[o the Purchaser, e Warranty Deed,In fee simple,of
the Property,(ree and clear of all liens and encumbranas,exce any Ilms r encumhro4ces created by th c[or def idc f Purchaser,and exce :
zoninQ ordinances, easeme��s anc� restrictions o`farecdre� P�
Purchaser agrea chat ilme is o(the essence and(a)in the event of a default in the payment of any princlpal or Intercs[which continues for
e ptdod o(_3�dsys f�l�pwing the speclfied due dace or(b)in the evmt of a defaul[In performance of any other obligaUon o[purchaur whlch
coniinues for a period o( � days following written notice thereof by Vendor(delivercd personally or mefled by ccrtifled mall);then the entlre
outsiending balance under thls contract shall become Immedlately due and payable In full,at Vendork option and wfthout noda(whlch Purchaur
hertby walves), end Vendor shall also have the (ollowing rights and relnedles(subJect to any limitadons provlded by law) In additlon to those
provided by law or In equlty: (p Vendor may,ot hIs option,terminate this Contcac[and Purchaser§ rtghts, title and Interest in the Property and
rccover the Property back through stdct(oreclosurc with any equiry of rcdemption to be conditloned upon Purchaser�full payment of the en�lrc
outstanding balance,with Intercst thereon from the daie of default at the rnte In effect on such date end othcr amounts due hereunder(In whlch
event ell amounts previously paid by Purchaur shall be forfelted u liquldated damages (or fallure to fulfill thls Contnct and as rentel for the
Pmpeny If Purchaser(alls in redecm);or(il)Vendor may sue for s�xcific performance of this Contract to compel immediate and full payment on
ihe entlre outstanding balanm,�vlth Intercst thereon at the rete In effec[on the date of default and othcr amoums duc hereunder, In whlch event
the Property shall be auctloned et Judlclal sale and Purchaser shall be Iiable for any deflciency;or(Iil)Vendor may sue at law for the emlrc unpaid
purchau prfce orany pottlon thereof;or(Iv)Vendor may declare thls Contrec[at an end and remove [hls Contract as a cloud on tlile In a qulet-
title actlon If the equitable Interes4 of Purchaser is fnslgnificanr and (v)Vendor may have Purchaser eJected from possession of the Prapeny end
heve a rcceiver eppolnted io collect any rents, issues or profits during the pendency of any accion under(i), (ii) or(iv)above, Notwl�hstanding
any oral or written statemcnts or actions of Uendor,an election o(any of the foregoing rcmedies shall only be binding upon Vendor i(and when
pursued In litigation and all costs and expenses Including reasonable attorneys(ees of Vendor Incurred to enforce any remedy hereunder(wheiher
abattd or not)to the extent not prohibiced by law and expenses of d4e evidente shall be added to princlpal and pald by Purchaser,as Incurted,
and shall be included in any Judgment.
Upon the commencement or during ihe pendenty of any acdon of foreclosurc of this Contract, Purchaser consents to �he appoimment to
a rcaiver of�he Propeny,including homescead fn[ercst,io collec[the rcn[s,lssues,and pro0is of the Property during ihe pendency of such acdon
and such rents,issues,and profits when so collected shall be held and applitd as the court shall direct.
Purchaser shall not tnnsfer,sell or convey any legal or equltable Imcrcst in the Propeny(by esslgnment of any of Purchaur§rlghts under
�his Cnntracc or by optlon,long•ierm lease or In eny oiher way)wlthout the prior wriuen consent of Vendor unless eliher the outsunding balance
payable under ihis Contract Is flrs[pald In full or the interest mnveyed Is a pledge or assignment of Purchaser�imeres[under�his Comnc[solely
as securliy fnr an Indebredness of Purchasec in the even[ of any such[rans(er,sale or conveyance without Vendork wriarn conunt, the entirc
owsianding balance payable under this Contract shall become Immedlately due and payable In full,at Vendor�option wfthout notice,
Vendor shall make all payments when due under any mottgage outstanding against the Propeny on the daie of ihis Coniract(except for nny
mongage granted by Purchaser)or under any note secured thereby,provided Purchaser makes timely payment of the amount then due under this
Contract. Purchaur may make such payments dlrectly to the Mongagee If Vendor(alis to do so and all payments so made by Purchaser shall be
consfdemd payments made on this Contract. �
Vendor may walve any default without waiving other subsequent or prlor default of Purchase,
All terms of this Controct shall be binding upon and Inure to the benefits of ihe heirs,legal rcprcsenta�ives,successors and assigns of Vendar
and Purchaser. (If not an owner of the propeny the spouse of Vendor for a valuable considera�fon joins herein to release homes�ead rights in�he
subJect Propeny and agrees�o)oin in the execucion of the deed to be made In fulfiliment hereo(.)
Dated this ab� day ot��g, �� /�j ��
Northw o Indus ries, Inc. BY° � `o''' � (SEAL)
Bq: � , * C1 ir Martin
(SEAL) � � ••..Ev•� (SFAL)
' M rtin •�erald L. Kilmer
� (SEAL) �kl2n�.. � x..�,lUyN,p1. (SFAL)
• wPn�3a11 Ma � n • Marian F. Kilmer
AUTIICNTICATION ACICNOWLCDGMP.NT
Signatwe(s) � � , . State of Wisconsin, � - l
Washburn } s:. . ,
awhemfcatcd this day of ly_ — Coumy �
Personally came be(nre me this .9_8th _ day of
� �� 9 9, ihe alxwe nameA
Gera d L. Kilmer
� Marian F. Kilmer
TITiC: MBM6L•R STATB DAR OP WISCONSIN .' Rhannnn Marti n (`1 a i r Mar+ln
(If not.
nu�horizcd hy�706.06,Wis.SmtsJ Kathryn zum .
NOhdry PublibSla��'DfNGi T1,M�^� �hr �x•ruin � S w6n�•xerwed ihc fnmgoing
My CqRimi55i0n 1�61qui18ngryn<I ntl<nnwkdgc ihe smnc.
THISINSTRUfv1ENT WAS DRAFTED BY � � -S�^�� ^
Kathryn zumBrunnen, Attorney at Law ���"` Q���
Spooner, Wisconsin • Kathryn z unnen
Notary Publlc, Was urn
(Signatures mny be auihenticated or acknowledged. Ifoth are not My commissinn is permanent. (If noi, state expira�lon da�e; �
ncceuary.) �
•N�mvs nf perv�ns sl�nin�,In nny capaeliy shnuld Ix iyped�,�,�,,,�,��i„w,�,��„��,,,�,�,�:, ' 19�.�
I'AND LO�TIUCT—IniilvlJuul nnil fnrpnrale—Smlr Oor of Vl�scnnsln.�nrm No. 11 —19H7 VOL 6 9 8 PG 3 4 0
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A .
Exhibit A �
1 . Vendor will pay 7 / 12 of i:he 1999 r�al
estate taxes . when the same shall become due
ancl payable . � , ,
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2 . No alterations or additions may be
made to or on the real estate without the
mutual agreement of vendor and purchaser .
3 . Vendors shall have the right to rent
„ the house located on ,the real estate for
$400 . 00 per month through July 31 , 2002 .
: ;:�.: ; .� . � . .:,. � ;,. . .
4 . Vendors shall have the right to
reni: the ofiice attached to the house
located on the real estate for $�150 . 00 per
month through January , 2001 .
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, , VOL698 PG341