HomeMy WebLinkAbout837 Bowen Street
~~"'-"
Q.;
Document Nnmber
Document mle
1286.002
REGISTER'S OFFICE
WINNEBAGO COUNTY, VI
RECORDED ON
MORTGAGE
11/04/2003
11 : 35AM
CITY OF OSHKOSH
RESIDENTIAL REHABILITATION PROGRAM
DEFERRED PAYMENT LOAN
SUSAN VINNINGHOFF
REGISTER OF DEEDS
RECORDING FEE 13.00
TRANSFER FEE
i OF PASES
2
I hereby mortgage, convey and warrant to the CITY OF OSHKOSH, a
Municipal Corporation located in Winnebago County, Wisconsin
(mortgage lender), in considerati~n of my receiving a deferred payment loan
in the amount ofTHREE THOUSAND and NO/IOO Dollars ($3,000.00) for
the rehabilitation, preservation and enhancement of owner occupied
residential real property which is commonly known as 837 Bowen Street
and legally described as being in Winnebago County, State of Wisconsin:
Record!n, Area
Name and Return Address
City Attorney's Office
Oshkosh, WI 54902-1130
E 120ftofLot28,Block5,City'sReplat#4,ERji:~ Eleventh Ward, City
of Oshkosh, WinnebagP, County Wisconsin.
_911-0704-0000-
Parcel Identification No.
This is homestead property. This is not a purchase money mortgage.
I certify that I have title to this property and that the title is fÌee and clear of all encumbrances, excepting only restrictions
and easements of record, municipal and the zoning ordinances, current taxes and assessments not yet due and any
encumbrance noted below:
First mortgage to Anchor Bank in the amount of$X!tm $70,600.00
I will keep the mortgaged property fÌee fÌom 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 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 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.
D' ?-.
~,-
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.L day of Û t~ ~
,2003
AL)
AUTHENTICATION
ACKNOWLEDGEMENT
Signaturc(s)
STATE OF WISCONSIN )
WINNEBAGO COUNTY )
Authenticated this _day of _20-
PRINTED NAME:
TITLE: MEMBER STATE BAR OF WISCONSIN
Personally came before me this -.ll.sI!Iy of Octob6!11....QJ
the above named
_Andrew C. Johnson and Jessica A. Johnson
(If not,
authorized by Sec 706.06, Wis Stats)
to me known to be the person(s) who executed the foregoing
fstruJ/. e tan. ~Wledge pe same.
~D-/.U¡ ,'111~ Karen S.
Notary Public, innebaqo County
My Commission (is permanent) (expires)
3/18 20~
Morton
(Signatures may be authenticated or acknowledged. Both
are not necessary.)
.000.....
~..... s. AfO"':'ø
.. ,""'" .."...
.. .' ". 'Q.
l /:"'T.A""::",~.':,
.. """"""r' 0
~ ¡ -.- ; :;
~~... PuauC /~;
ø ., '0. " ~ .
'". 1:- '""""o"<::)'fiI' "
'" OFWI'6G ,,-
"...." ,"
Document drafted by:
Lynn Lorenson, Ass!. City Attorney, Oshkosh, WI