HomeMy WebLinkAbout530 E. Parkway Avenue I (q10
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MORTGAGE Tx:4584780
DOC# 1872816
Document Number Document Title NATALIE STROHMEYER
REGISTER OF DEEDS
CITY OF OSHKOSH WINNEBAGO COUNTY, WI
SOLD ON OSHKOSH PROGRAM RECORDED ON:
FORGIVABLE LOAN 01/06/2022 11:26 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 JAN 17 2021
(mortgage lender), in consideration of my receiving an installment loan
in the amount of FIVE THOUSAND DOLLARS and NO/100 ($5,000.00
for the rehabilitation, preservation and enhancement of owner occupies CITY CLERK'S OFFICE
residential-real property which is commonly known as 530 E. Parkwa Recording Area
Avenue, Oshkosh, and legally described as being in Winnebago County, Name and Return Address
State of Wisconsin:
City Attorney's Office
The East 66.83 feet of Lot 1 and the South 20 feet of the East 66.83 feet of Lot 2,Block 60,' Oshkosh,WI 54903-1130
FORDS ADDITION,4th Ward,City of Oshkosh,Winnebago County,Wisconsin
904-0542-0000
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 Compass Mortgage in the amount of$147,283 dated on or about 1/4/22.
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 the work performed by any contractor on my property,
whether paid for out of installment loan funds or otherwise.
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 5 y of ...)(4 ALsAi7 , 2022
•
(SEAL)
RICHARD G. MAKI
(SEAL)
AUTHENTICATION ACKNOWLEDGEMENT
Signature(s) STATE OF WISCONSIN )
WINNEBAGO COUNTY )
Authenticated this day of 20
Personally came behre e this 5 day of f 20ZL
PRINTED NAME: the above named CAo4r/ G I�u iv
TITLE:MEMBER STATE BAR OF WISCONSIN
(If not, to :e known to be the person(s)who executed the foregoing
authorized by Sec 706.06,Wis Stats) i r • ant :cknowledge the same.
Notary Public, L.A.)"/Y4'(..yO County
My Comn}ission(is permanent)(expires)
L 1 'S 20 27
(Signatures may be authenticated or acknowledged.Both
are not necessary.)
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