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February 1, 1929 WILMETTE . LIFE . 1128 Cltlaple .cAvenue CBuildfng ·$70,000.00 Real Estate First Mortgage Gold Bonds Interest 6lf2 Percent $1000 Denominations THE BUILDING, in English Gothic architecture, is of light red brick, gray stone trimmed. Three stories in · height, it provides 13 four room apartments. In these are embodied every desirable appointment for the modern home-keeper, including electrical refrigeration, china cases and linoleum covered floors in the kitchen. and tile baths. Incinerators and oil heat are additional features. MATURITIES . . . The Bonds are dated November I, 1928, and after the third year, there will be annual prepayments of principal as follows: $2,000-Nov. 2,000-Nov. 3,000-Nov. 3,000-Nov. I, 1931 L 19'32 I, 1933 I, 1934 $3,000-Nov. 3,000-Nov. 3,000-Nov. 51,000-Nov. I, 1935 I, 1936 I, 1937 I, 1938 -- THE LOCATION is between Greenleaf and Crain Streets on Maple Avenue, one of Evanston's prettiest apartment sections. Dempster Street ~tores and stations of all transportation are less than four blocks away, and downtown Evanston is about ten minutes' walk distant. Schools and churches are all convenient to · the property. THE SECURITY is land, 50x 140 feet, owned in fee, and the building previously described, which is erected thereon. APPRAISALS as of full completion follow: Land (by E. H. Payne, R. E. Appraiser) $20,000.00 Building (by C. E. Blomgren, Builder) I 05,645.00 $125,645.00 Against this valuation, the First Mortgage obligation represents only 56%. INCOME, gross, is conservatively estimated to be about s16,000.00 annually, which is three and one-half times the largest annual interest requirements of the First Mortgage Bonds. The early maturing bonds provide excellent short term investments, while further increasing, as they mature, the margin of security for the remaining bonds. OWNERSHIP is vested in Ernst Knodel and Anna Knodel, his wife. They projected and owned the successful buildings on three of the comers at Washington Street and Elmwood Avenue. We have financed all of these. The owners are, therefore, known to us as responsible persons. GUARANTEE ... This loan is to provide funds for the erection of the building, which i$ now practically completed. Proceeds to be disbursed by John F. Hahn, Incorporated, who guarantee to the bondholders the co·mpletion of the building in accordance with plans and specifications, free and clear of all prior liens. In this guarantee John F. Hahn, Inc., reserve the right to repurchase the bonds at the original price plus accrued interest. GENERAL ·.. All payments of principal and interest as they fall due will be made at the office of John F. Hahn, Inc. The State .Bank ~ Trust Company of Evanston is Trustee. JOHN F. HAHN, Incorporated Established 1899 -v Real Estate , Investments , Insurance , Renting 1617 SHERMAN AVENUE Greenleaf 2 700 EVANSTON, ILLINOIS Rogers Park 5115 ·==========================================================================·