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Home My WebLink About337 W 12th Avenue 6/21/2005 ,~~ MORTGAGE :L3G:Li2G3 REGISTER'S OFFICE WIHNEBAGO COUHTY~ WI RECORnED ON 07105/2005 10:01AM JULIE PAGEL REGISTER OF DEEDS RE,WRDING FEE 13.00 fRAJIlSfER FEE t Of' PAGES 2: Document Number Document Titl.e 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 FOURTEEN THOUSAND EIGHT HUNDRED SEVE DOLLARS and 21/100 ($14,807.21) for the rehabilitation, preservation an enhancement of owner oycupied residential real property which is commonl known as 337 W. . 12to Avenue, Oshkosh, and legally described as being in .Winnebago County, State of Wisconsin: Recordin~ Area Name and Return Address ~ o./' City Attorney's Office Oshkosh, WI 54902-1130 Lot 5, Block 70, PLAT OF ORIGINAL THIRD WARD, 9th Ward, City of Oshkosh ___909-0390-0000_____ 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 isftee and clear of all encumbrances, excepting only restrictions and eas~ments <?f r~c()rd,. mul1icipal and the zoning ordinances, current taxes and assessments not yet due and any ~ncumbrance noted below: First mortgage ioMortgage Electn::inic Registrati6nSystems Inc., as nominee for u.s. Bank N.A. in the amount of$71,500arid recorded in R.egister of Deeds office on 8/23/04 as Doc. No. 1325072. Second mortgage to City of Oshkosh in the amount of$3,000 and recorded in Register of Deeds office on 8/23/04 as Doc. No. 1325073. Third mortgage t~ Winnebago County Housing Authority in the amount of$12,500 and recorded in Register of Deeds office on 8/23/04 as Doc. No. 1325074. Fourth mortgage to Winnebago County Housing Authority in the amount of $3,000 and recorded in Register of Deeds office on 8/23/04 as Doc. No. 1325075. I will keep the mortgaged property free from any lien or encumbrance superior t9 the lien ofthis 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, pr assessment. . ':. :_';-"";~ :": ',' ,;,", '. :':~',: ,-,-,,- ~",,-",:"':_;:'-":'::';':',"'-,"~'''-'-,' ,-'-: -,' .,'. ,:". I will keep the mortgaged property insured forflreatid extended coverage perils 'for at ieastthefulland fair market v~lue of the property and pay the premiums thereon when due. I will make sure the City of Oshkosh is listed as a mortgage holder on the insurance policy. I agree to keeptJ;1e 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 "'mnnnt of'the dpfpIT""d "'''ym'';11.t1''an :11'\rl he,,(.,1"'\'" rlu'''a~ ;nf'nrrpdand'. l,on ".,:;,;p of' ;"rlrr"m;"nt ,,,;11"h,, ;n" 1" rl"rl +j.,,,,.a;.., ....4.... ............... ... - J.. - .... ...,..............,. _.P~ . ~...,-..!. '..... -v '...... .......~--.... ..... .-_...."-..... _,,, <,;,.'., '. U .i....~_\,A....... _' .'....4 .... .............._ ..r. j .....'-"1-0"" ....................., ,...... ......:. ......;"..-. ........I."'.i....~u"':..... \.-LJ"""'J.........J,,,I.~; 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 u~,d~rstand t~a~ t~e m?rtgage len,der is_ no! responsible for the )\fork performed by any contractor on my property, whether ;- ":.-. ~z 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 ofthismortgage. 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 ai- day of JUj~ ,2005 j ~ k1t (1 ' ~~~RBE~~H' .i; /L- ~ ~> ~j(;d/ MATTHEWD. TURINSKE (SEAL) (SEAL) AUTHENTICATION ACKNOWLEDGEMENT Signature(s) STATE OF WISCONSIN ) WINNEBAGO COUNTY ) Authenticated this _day of 20___ (If not, authorized by See 706.06, Wis Stats) PersonaIIy came before me this ~day of c2./AlD 20 c?b- the above named ~ ~ ~ ~ -, _ u a. c_ -el --. ';;dW;eL,r T;{ .. ~;:L to me known to be the person(s) who exewted the foregoing instrume t and acknowledge the same. '-"'"' PRINTED NAME: TITLE: MEMBER STATE BAR OF WISCONSIN (Signatures may be authenticated or acknowledged. Both are not necessary.)