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Home My WebLink About1114 W 6th Avenue ~ ,. Document Number Document Title 1297378 REGISTER'S OFFICE WINNEBAGO COUNTY, WI RECORDED ON 02/05/2004 09:37AM SUSAN WINNINGHOFF REGISTER OF DEEDS RECORDING FEE 13.0I! TRANSFER FEE # OF PAGES 2 MORTGAGE 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 FIVE THOUSAND ONE HUNDRED TWENTY-SIX and 111100 Dollars ($5,126.11) for the rehabilitation, preservation and enhancemen of owner occupied residential real property which is commonly known as 1114 WEST 6TH AVENUE and legally described as being in Winnebago County, State of Wisconsin: Recordiug Area Name and Returu Address City Attorney's Office Oshkosh, WI 54902-1130 _906-0807-0000- Parcel Identification No. The E 44 fi, front and rear, of the W 88 ft, front and rear, of the S 125 ft. of Lot 12 in the Subdivision of the SE V. of Section 22, TI8N, RI6E, 6th Ward, City of Oshkosh, per Leach's Map ofl894 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 Associated Bank NA in the amount of $43,000 & recorded in Register of Deeds office on August 1,2001 as Doc. No 1140803. Second mortgage to Winnebago County Housing Authority in the amount of $2,000 & recorded in Register of Deeds office on August 1, 2001 as Doc. No. 1140804. Third mortgage to Associated Bank NA in the amount of$5,000 & recorded in Register of Deeds office on August 1,2001 as Doc. No. 1140805. Fourth mortgage to Winnebago County Housing Authority in the amount of$I,949.89 & recorded in Register of Deeds Office on October 1,2002 as Doc. No. 1203118. 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 tc this mortgage on a condition that, if! 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 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 Ccliification for ¡¡ 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 render 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. o'~ 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 fnll 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 dne and payable in full, at the option of the mortgage lender without notice, upon any transfer, sale or conveyance made in violation ofthis paragraph. (PLEASE NOTE THE SINGULAR "I" ALSO INCLUDES THE PLURAL "WE" IF THERE IS MORE THAN ONE SIGNATURE APPEARING BELOW) Dated this ~ day of ~ ,2OOðf j) 0 h. ÎL MJ2 (}( .f/?/h. LERIE L. DO S (SEAL) (SEAL) AUTHENTICATION ACKNOWLEDGEMENT Signature(s) STATE OF WISCONSIN) W1NNEBAGO COUNTY ) Authenticated this_dayof_20- (!fnot, authorized by See 706,06, Wis Stats) Personally came before me this..1::Lday of(k'MJIJ.!\iL2onJ,' 20n4 the above named _Valerie L. D9wn~ ", ,,')! ii/:. . to me known to be the person(s)~&'execu~ed the fOr~g instrument and acknowledge thc same, . . - '-~ . PRlNTED NAME: TITLE: MEMBER STATE BAR OF WISCONSIN (Signatures may be authenticated or acknowledged. Both are not necessary,) U,' ,:".:::>'" Document drafted by: Lynn Lorenson, Ass!. City Attorney, Oshkosh, WI