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HomeMy WebLinkAbout1108 W Bent Avenue --; ~ MORTGAGE 1285720 REGISTER'S OFFICE WINNEBAGO COUNTY, 111 RECORDED ON 11/03/2003 10:48AM SUSAN WINNINGHOFF REGISTER OF DEEDS RECORDING FEE 13.00 TRANSFER FEE # OF PAGES 2 Document Nnmber Document mle CITY OF OSHKOSH RESIDENTIAL REHABILITATION PROGRAM DEFERRED PAYMENT LOAN 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 a deferred payment loan in the amount of ONE THOUSAND EIGHT HUNDRED THIRTY-NINE and 33/100 Dollars ($1,839.33) for the rehabilitation, preservation and enhancemen of owner occupied residential real property which is commonly known as 1108 West Bent Avenue and legally described as being in Winnebago County, State of Wisconsin: Recording Area Name and Retnrn Address City Attorney's Office _l- " - Oshkosh WI54902-1130 UIßI? _912-0691-0000- Parcel Identification No. Lot 49, Ford's Replat, 12th Ward, City of Oshkosh 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 ITee 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: Real Estate Security Agreement between Vernet Slife & Gloria Slife and F&M Bank - Waushara County as recorded in Register of Deeds office on May 21,1996 as Doc. No. 936699. Said Agreement is from previous owner and has not been released ofrecord. Mortgage from David A. Griswold to CTX Mortgage CompanyLLC in the amount of $53,094.00 as recorded in the Register of Deeds office on July 8, 2002 as Doc. No. 1189473. I will keep the mortgaged property ITee ITom any lien or encumbrance superior to the lien of this mortgage, except for those noted above. I agre" to this mortgage on a condition that, if! pay to mortgage lender the full amount ofthe 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 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! fail to act according to the terms and conditions of this mortgage or the Borrower's Certificatiol) for a period of more than fifteen (J 5) 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 wiJI bà binding on my heirs, legal representatives, successors or any other individual to whom an interest in the mortgaged property or this mortgage is assigned. O,J- 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 ofthe 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 mortgagè 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 Æ- day of ~ ,2003 ~7.~~./cSEAL) DA VlD A. GRISWOLD (SEAL) AUTHENTICATION ACKNOWLEDGEMENT Signature(s) Authenticated this-=day of ----=-20- STATE OF WISCONSIN ) WINNEBAGO COUNTY ) PRINTED NAME: TITLE: MEMBER STATE BAR OF WISCONSIN Personally came before me this J~8'.ßay of O~2012::i the above named _David A. Griswold (If not, authorized by See 706.06, Wis Stats) to me known to be the person(s) who executed the foregoing instrumr~:::o~d~~:,;, ;:""". Notary Public, 1,')\~l,,('AQr; ,,) "County iV,'. My ~ :"ti~sion (i. r;;;:a:Q (~pirès) "', . I '. r ê:' ." (Signatures may be authenticated or acknowledged. Both are not necessary.) ó' Document drafted by: Lynn Lorenson, Asst. City Attorney, Oshkosh, WI