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Home My WebLink About1336 Ontario StreetDocument Number MORTGAGE Document Title CITY OF OSHKOSH RESIDENTIAL REHABILITATION PROGRAM DEFERRED PAYMENT LOAN I hereby mortgage, convey and ~varrant to the CITY OF OSHKOSH, a Municipal Corporation located in Winnebago County, Wisconsin (mortgage lender), in consideration of my receiving a deferred payment loan in the amount of SEVENTEEN THOUSAND FOUR HUNDRED FIVE and NO/100 Dollars ($17,405.00) for the rehabilitation, preservation and enhancement of owner occupied residential real property which is commonly known as 1336 Ontario Street and legally described as being in Winnebago County, State of Wisconsin: Lot 13, Block 10, Masterson's Park Plat, 12th Ward, City of Oshkosh REGISTER'S OFFICE WINNEBAGO COUNTY, WI RECORDED ON 09/08/2003 01:02PM SUSAN WINNINGHOFF REGISTER OF DEEDS ~CO~I~ ~E 13.~ TR)qNSFER F~ ~ PlqGES ~ Area Name and Return Address City Attorney's Office Oshkosh, WI $4902-1130 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 US Bank NA in the amount of $72,175.00 recorded in Register's Office on Aug 2, 2002 as Doc No 1192970 Second mortgage to Winnebago County Housing Authority in the amount of $4,000 recorded in Register's Office on Aug 2, 2002 as Doc No 1192971 Third mortgage to Associated Bank NA in the amount of $5,000.00 recorded in Register's Office on Aug 2, 2002 as Doe No I 192972 I will keep the mortgaged property free from any lien or encumbrance superior to the lien of this mortgage, except for those noted above. · lf~ pay to mm[gage ~enuer tne full amount of the deferred payment loan secured ! a~'cc to this mortgage .... '"- '- ' 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 agree to keep the mortgaged property in good condition and repair. I will not do anything to diminish or impair thc 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, whether paid for Out of deferred payment 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. 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 hen of this mortgage. The enhre 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" W THERE IS MORE THAN ONE SIGNATURE APPEARING BELOW) Dated this ~),~_ day of ~__~ ~,,~ ,2003 -- ~' CYNthIA R. ERS~AMER (Mortgagor) _(SEAL) AUTHENTICATION Signature(s) Authenticated this __day of. 20 PRINTED NAME: TITLE: MEMBER STATE BAR OF WISCONSIN (If not, authorized by Sec 706.06, Wis Stats) THIS INSTRUMENT WAS DRAFTED BY: Lynn Lorenson, Asst. City Attorney, Oshkosh, WI (Signatures may be authenticated or acknowledged. Both are not necessary.) ACKNOWLEDGEMENT STATE OF WISCONSIN ) WINNEBAGO COUNTY ) Personally came before me this r-q~/~ dag~f ~20C~ .~ the abovenamed Cynthia R~-~pamer .!,!, - to me known to be the person(s) who eY-x~ted the foregoing instrument and aclmowledg,~ the same. ~_~ Notary Public, 1~ ~¢L¢ ~, ~m.., C~oCnty My Commission (is'l~:m~.,~'d~) ~exp[~,~¢)