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Home My WebLink About109 Prospect Avenue iunuuu able I. JII1IIl!I.IJIIlI1 yv 11"" f J I J U MORTGAGE O �+ `'r'J"" in. ;.rrJui 1 DOC# 1870277 Document Number Document Title NATALIE STROHMEYER REGISTER OF DEEDS CITY OF OSHKOSH WINNEBAGO COUNTY,WI RESIDENTIAL REHABILITATION PROGRAM RECORDED ON: DEFERRED PAYMENT LOAN 12/03/2021 11:37 AM RECORDING FEE: 30.00 PAGES: 2 I hereby mortgage, convey and warrant to the CITY OF OSHKOSH, a RECEIVED Municipal Corporation located in Winnebago County, Wisconsin (mortgage lender), in consideration of my receiving a deferred payment loan DEC 28 2021 in the amount of TWENTY NINE THOUSAND NINE HUNDRED TEN DOLLARS and NO/100($29,910.00)for the rehabilitation,preservation and CITY CLERK'S OFFICE enhancement of owner occupied residential real property which is Recording Area commonly known as 109 Prospect Avenue, Oshkosh, and legally described Name and Return Address as being in Winnebago County, State of Wisconsin: City Attorney's Office The West 52 feet of the North 135.6 feet of Lot 4, Block 83, in PHILIP V. WRIGHT'S Oshkosh,WI 5491 -1131 SUBDIVISION, 10th Ward,City of Oshkosh,Winnebago County,Wisconsin A S rt' 910-0717-0000 Parcel Identification No. This is homestead property. This is not 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 U.S.Bank in the amount of$41,400 and recorded in Register of Deeds office on 5/5/15 as Doc.No. 1686749. 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 deferred payment 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 deferred payment 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 deferred payment 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 the work performed by any contractor on my property, _ ' 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 30 day of WOli1-iviaQI-" , 2021 O(,1y (SEAL) SUSAN L. SPANBA ER (SEAL) , �` ‘,S i 'rr I ` a` 7 ~ ;` t'1�j � e AUTHENTICATION ACKNOWLEDGEMENT Signature(s) STATE OF WISCONSIN ) WINNEBAGO COUNTY ) Authenticated this day of 2019 Personally came b�efgre me this JV1da of �V UJI PRINTED NAME: the above named 4VI L J QA13 TITLE:MEMBER STATE BAR OF WISCONSIN (If not, to me known to be the person(s)who executed the foregoing authorized by Sec 706.06,Wis Stats) instrument and acknowledge the same. — A5 � Notary Public, J,,V County My Commiss o ) expires) 20 (Signatures may be authenticated or acknowledged.Both are not necessary.)