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Home My WebLink About716 Oregon Street lJ MORTGAGE INSTRUMENT Document Number Document Title 1336725 REGISTER'S OFFICE WINNEBAGO COUNTY, WI RECORDED ON 11/30/2004 12:57PK SUSAN WINNINGHOFF REGISTER OF DEEDS xt::COROIN6 fff 13.00 TRANSH:R H::E t (if ~'AGES 2 CITY OF OSHKOSH 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 SIXTY-THREE THOUSAND and Noll 00 Dollars ($63,000.00) for the purchase of real property which is commonly known as 716 Oregon Street, Oshkosh, Wisconsin and legally described as being in Winnebago County, State of Wisconsin: Recordinl!" Area',~ Name and Return Address E6C-'(26li) "'-" City Attorney's Office" wr)Llt;' , Oshkosh, WI 54902-1130 The S 27.1 ft. of Lots 11 and 12, Block 7, Plat ofOriginal3rd Ward, City of Oshkosh ___903-0068-0000_____ Parcel Identification No. This is not 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: (1 "- '('~" v<~, ':J '-'. ~ First mortgage to First National Bank or its assignees. 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! 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, Develooment Agreement 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, the Borrower's Certification, or the Development Agreement 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. 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. 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 ;9 day of CJc""oh~r , 20 0 Y . 716 OREGON STREET LLC ~ L~(SEAL) MEGAN OOPMAN ~/ ~<~ (SEAL) ~~ -;:W6ub#'~') AUmrNTICA~ ACKNOWLEDGEMENT Signature(s) Authenticated this _____day of 20___ STATE OF WISCONSIN ) WINNEBAGO COUNTY ) TITLE: MEMBER STATE BAR OF WISCONSIN Personally came before me this ~ day of ~-iob er 20 O)tt , the above named ......,.. (Ifnot, .,' MICJt ", authorized by Sec 706.06, Wis SCtt~ ..........':'1~" -~y"" A.'. '\ , .- '::'v .". ...~ ..."'f... . /'t./: " \ 0, ..,.... _ . . C ~ . \JI . .0: .........., :0- ..". V" \~ . _ -L\?: ..., .:r;::.. ~-;z;." ~ _ ."".. ., ~.. "'- ''"''.._~. , <P;"\ '. ." I)."'V _ , t..1i ........... ~-' . '~ ......f,....',~, (\ ,\' i\; " \ ,- !;- ~ ~ e t ' to me known to be the erson(s) who executed the foregoing instrument and ac ledge the same. Notary Public, ~1Jt\f1 e e....$v County My Commission (is permanent) (expires) t) - 0;;:- 202 (Signatures may be authenticated or acknowledged. Both are not necessary.)