HomeMy WebLinkAbout2842 Stoney Beach Street
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Document Numbe.
Document Title
129405121
REGISTER'S OFFICE
WINN~~¿ggD~gU~~Y. WI
01/07/2004 11:13AM
SUSAN WINNINGHOFF
REGISTER OF DEEDS
RECDRDING FEE 13. Ø0
TRANSFER FEE
i 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 TWENTY -ONE THOUSAND FOUR HUNDRED NINETY
ONE and 80/100 Dollars ($21,491.80) for the rehabilitation, preservation anc
enhancement of owner occupied residential real. property which is commonl
known as 2842 STONEY BEACH STREET and legally described as being in
Winnebago County, State of Wisconsin:
Reco.ding Mea
Name and Retum Add.ess C-~
City Attorney's Office
Oshkosh WI 549oJ-I130
Sly 35 ft of Lot 13 and Nly 12.5 ft. of Lot 14, WW Wrights Subdiv., 14th Ward, City of Oshkosh
_914-1499-0000-
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 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 M&I Central State Bank in the amount of $25,000 and recorded in the Register of Deeds office on Sept 24, 1999 as Doc. No.
1073922.
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 to this mortgage on a condition that, if I pay to mortgage ìenderthe full amount of the deferred payment ìoan 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
ofthe mortgaged property.
Under any foreclosure proceeding, all foreclosure expenses, including reasonable attomey'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 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 othenvise required by law, the invalidity or unenforceability of any prO\.ision 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
m, oili~ ',d',""'" '" w'om M ,,""'. " fu. ="",", P"'Pi""'" -,.", " ~.""d.
c....? \
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 ofthis paragraph.
(PLEASE NOTE THE SINGULAR "I" ALSO INCLUDES THE PLURAL "WE" IF THERE IS MORE THAN
ONE SIGNATURE APPEARING BELOW)
Dated this --L day of
,2003
(SEAL)
JUL
(SEAL)
AUTHENTICATION
ACKNOWLEDGEMENT
Signature(s)
STATE OF WISCONSIN )
WINNEBAGO COUNTY )
Authenticated this _day of _20-
PRINTED NAME:
TITLE: MEMBER STATE BAR OF WISCONSIN
Personally came before me this ----8'..-day of ~0Q2.
the above named _Julie J. Ruck
(Ifnot,
authorized by Sec 706.06, Wis Stats)
to me known to be the person(s) who exeolited the-foregoing
instrumentandacknowledgethe~ame. \. '...... .>;.-..
~~~ uü;
Notary Public, l.Ü ì r.h.f...haw__- County
My C°7ì'~sls:on (i~ (expires)
I 20Qk
(Signatures may be authenticated or acknowledged. Both
are not necessary.)
Document drafted by:
Lynn Lorenson, Ass!. City Attorney, Oshkosh, WI