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Home My WebLink About2005 Northpoint Street . _ , I I 1II11IIflIIIII Tx:4389991 MORTGAGE DOC# 1797601 NATALIE STROHMEYER Document Number Document Title REGISTER OF DEEDS WINNEBAGO COUNTY, WI CITY OF OSHKOSH RECORDED ON: ONE OSHKOSH PROGRAM 08/30/2019 01:56 PM INSTALLMENT LOAN RECORDING FEE: PAGES: 2 I hereby mortgage, convey and warrant to the CITY OF OSHKOSH, a Municipal Corporation located in Winnebago County, Wisconsin (mortgage lender),in consideration of my receiving an installment loan in the i'))561Z amount of FIVE THOUSAND DOLLARS and NO/100 ($5,000.00) for the (� purchase, of owner occupied residential real property which is commonly ` c� known as 2005 Northpoint Street,Oshkosh,and legally described as being in Recording Area C•A Winnebago County, State of Wisconsin: Name and Return Address ON LOTS 171 and 172,in the FOURTH ADDITION to NORTH POINT PLAT, 15th Ward,City City Attorney's Office of Oshkosh,Winnebago County,Wisconsin. Oshkosh,WI 54903-1130 91521670000 Parcel Identification No. This is homestead property. This is a purchase money mortgage. I certify that I have title to this property and that the title is free and clear of all encumbrances,excepting only restrictions and easements of record, municipal and the zoning ordinances, current taxes and assessments not yet due and any encumbrance noted below: First mortgage to Verve,a Credit Union in the amount of$215,000 dated on or about 08/30/2019. I will keep the mortgaged property free from any lien or encumbrance superior to the lien of this mortgage, except for those noted above. I agree to this mortgage on a condition that, if I pay to mortgage lender the full amount of the installment loan secured by this mortgage and conform with the terms of the Borrower's Certification and this mortgage,then this mortgage will cease and the note(see Borrower's Certification)will be void. I will pay before they become delinquent all taxes and assessments which may be levied or assessed against this mortgage,the note secured by this mortgage and the property described above. I will deliver to mortgage lender, upon demand,a receipt showing due payment of any tax or assessment. I will keep the mortgaged property insured for fire and extended coverage perils for at least the full and fair market value of the property and pay the premiums thereon when due. I will make sure the City of Oshkosh is listed as a mortgage holder on the insurance policy. I agree to keep the mortgaged property in good condition and repair. I will not do anything to diminish or impair the value of the mortgaged property. Under any foreclosure proceeding, all foreclosure expenses, including reasonable attorney's fees, will also be added to the amount of the installment loan and become due as incurred, and in case of judgement,will be included therein. If I fail to act according to the terms and conditions of this mortgage or the Borrower's Certification for a period of more than fifteen(15)days,then the whole amount of the installment loan will,at the option of the mortgage lender,become due and payable without notice. Under this circumstance, I hereby waive my right to notice. I understand that the mortgage lender is not responsible for work performed by any contractor on my property,whether paid for out of installment loan funds or otherwise. Unless otherwise required by law,the invalidity or unenforceability of any provision of this mortgage will not affect the validity or enforceability of any other provision. All the terms, conditions and covenants of this mortgage will be binding on my heirs, legal representatives, successors or any other individual to whom an interest in the mortgaged property or this mortgage is assigned. 2b 4 I shall not transfer, sell or convey any legal or equitable interest in the property (by deed, land contract, option, long- term lease or in any other way)without the prior written consent of the mortgage lender, unless either the indebtedness secured by this mortgage is first paid in full or the interest conveyed is a mortgage or other security interest in the property,subordinate to the lien of this mortgage. The entire indebtedness under the note secured by this mortgage shall become due and payable in full,at the option of the mortgage lender without notice,upon any transfer,sale or conveyance made in violation of this paragraph. (PLEASE NOTE THE SINGULAR "I" ALSO INCLUDES THE PLURAL "WE" IF THERE IS MORE THAN ONE SIGNATURE APPEARING BELOW) Dated this ) day of itiICJ , 2019 KYLE J.NACHMAN H L.NACHMAN AUTHENTICATION ACKNOWLEDGEMENT Signature(s) STATE OF WISCONSIN ) WINNEBAGO COUNTY ) Authenticated this day of 20 Personally came be me this 3D day of 1142 20(9 PRINTED NAME: the above named TITLE:MEMBER STATE BAR OF WISCONSIN I c, M o►-s (If not, to e known to be the person(s)who executed the foregoing authorized by Sec 706.06,Wis Stats) /stru p -, ani knowledge the same. Notary Public,/ /'PJ / n yk., ;7l n n,,,,�ounty issioqs perm t ��res) ''•�,, 20 I• (Signatures may be authenticated or acknowledged.Both V I. WI/ are not necessary.) =�Q, ,.P = cn , 0 / U ; z = Z / � p Ci r - STATE CF(,,,°• Document drafted by: Lynn Lorenson,City Attorney,Oshkosh,WI