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Home My WebLink About1723 Sheridan Street v~ Document Number I MORTGAGE 1328987 REGISTER'S OFFICE WINNEBAGO COUNTY, WI RECORDED ON 09/27/2004 10:05AM SUSAN WINNIHGHOFF REGISTER OF DEEDS RECORDING FEE 13.00 TRANSFER FEE tOF PAGES 2 Document Title 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 Recordin!! Area (mortgage lender), in consideration of my receiving a deferred payment loan N d R Add ~ ame an eturn ress in the amount of THREE THOUSAND EIGHT HUNDRED NINETY EIGHT .J.::::: and NO/lOQ Dollars ($3,898.00) for the rehabilitation, preservation an City Attorney's Office enhancement of o\\'l1er occuBied resi~ential reaI property which is col11l11onl Oshkosh, WI 54902-1130 known as l723 Sheridan Street and legally descnbedas being in Winnebago County, State of Wisconsin: _912-0138-0000_ Parcel Identification No. Lot 15, Block B, HOLLISTER'S Addn., 12th Ward, City of Oshkosh This is holIlestead property. This is. not a purchase money mortgage. I certify that I have title t~ this property and that the title is free and clear of all encumbrances, excepting only restrictions and easements of rec;o}"d, municipal and the zpning ordinances, curr~nt t.axeS an<;l.ll:s:ses~ments not yet due and any encumbrance noted below:' . ". . .... 'j; '.,,' ' First mortgage to AnchorBank in tlieam~untof$g8,odo;md ~~corded in Register of Deeds office on 10/10/02 as Doc. No. 1205013. 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 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 gpod condition andrepair. I will n,ot d() anything to. dimini~h or impair the. value . .:, ....' '. -," -' .: - .",:", ...' ." . .'", ,'. .,,, ~.f .' __.; '. '- :. ,".; : ! ..... of the mortgaged property. :'1';; 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 rv~ ~ I shall not transfer, sell or conyey 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 ~ day of 0-of. I ,2004 (SEAL) (SEAL) AUTHENTICA nON 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 ~day of ~n ^ lr . 20D J the above named ~ Y.f- Christopher & Yer Moua (If not, authorized by See 706.06, Wis Stats) to me known to be the person(s) who executed the foregoing instrument and acknowledge the same. k~~Q ~ ~v& Notary Public, ~'I\'\.~~C 1) _County My Co~ssion (i8I'effilft11wt) ~xpires) I ~ 20~ (Signatures may be authenticated or acknowledged. Both are not necessary.)