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HomeMy WebLinkAbout938 Vine Street Assumption Agreement 10.31.2003 ~ AGREEMENT made this 51 'Sf day of 2003 by and between the CITY OF OSHKOSH ("OSHKOSH") and PAU A. HARRINGTON ("HARRINGTON"), EXPLANATION OF AGREEMENT On this date, PAULA A. HARRINGTON intends to purchase certain property from SZYMON M. WOZNICZKA AND SUSAN J. KIEDROWSKI ("SELLERS") located at 938 Vine Street, in the City of Oshkosh, Winnebago County, Wisconsin, SELLERS had previously given to CITY a promissory note ("NOTE") and mortgage ("MORTGAGE") dated December 27,2000 and recorded in the Register of Deeds Office on January 13, 2001 as Document No. 1115353 wherein SELLERS obligated themselves to pay CITY $20,000.00. There presently is due and owing under that NOTE the sum of Twenty Thousand and NO/100 Dollars ($20,000.00). 128S9ag REGISTER'S OFFICE WINNEBAGO COUNTY, III RECORDED ON 11/04/2003 11, 13AII SUSAN WINNINGHOFF REGISTER OF DEEDS RECORDING FEE 11.00 TRANSFER FEE # OF PAGES 1 ASSUMPTION AGREEMENT Document Number Document Title Reco,din A.ea Name and Retn", Add...s ,,2'...£! City Attorney's Office Oshkosh, WI 54902-1130 905-0654-0000 Parcel Identification ~ HARRINGTON hereby intends to assume the obligation under the respective NOTE and MORTGAGE for $20,000,00. That is the purpose of this Agreement. AGREEMENT NOW, THEREFORE, IT IS AGREED: 1. HARRINGTON hereby assumes the obligation of SELLER under the NOTE and MORTGAGE and the parties agree that the balance due under the NOTE and MORTGAGE is $20,000,00. 2. This Agreement shall be binding upon the parties hereto, their heirs, personal representatives and assigns. 3, In all respects, the parties agree that the terms of the NOTE and MORTGAGE, except as varied by this Agreement, shall remain in full force and effect. IN WITNESS WHEREOF, the parties have hereunto set their hands and seal as of the date above written. 938 Vine Street 81ock A The E!y 60 ft. of the Wly 260 ft. of Lot 7~Kelloggs Addn, 5th Ward, City of Oshkosh, Winnebago County, Wisconsin. ~4~w~ ' AULA A. HA RINGTO .'" ,', a ,~'" g""er", . , , ,', :,\ " C\ j ,,' rk . . " . ,ì STATE OF WISCONSIN) )SS COUNTY OF WINNEBAGO ) Pe,sonally came before me this æ day of (")rAo~,{) r, 2003, the above named Richard Wollangk, City Manager, and Pamela R. Ubrlg, City Clerk, to me known to be officers of the City of Oshkosh, a municipal corporation and who ex"cuted the foregoing instrument and acknowledged the same. " " . . b\.~ ~'~\r'Nv:lA-<; '" Notary Public, State of Wisconslil ':::"11,. .Lh' My Commission (is permanent)~expireST~ ,', ',;' ' : .' Ó~. STATE OF WISCONSIN) )SS COUNTY OF WINNEBAGO ) Personally came before me thisaL day the person who executed the foregoing instrument Document drafted by: Lynn Lorenson, Ass!' City Attorney, Oshkosh. WI q