HomeMy WebLinkAboutChang 07-0411-0000 4/23/2010 ASSUMPTION AGREEMENT 1 ` c' E. '
Document Title REGISTER'S OFFICE
WINNEBAGO COUNTY, WI
RECCIRUEI) ON
04/26J2010 11 :02AM
JULIE PAGEL
REGISTER CIF I)EEI)S
RECORI)I NG FEE 13.00
TRANSFER FEE
OF PAGES 2
City Attorney's Office
Oshkosh, WI 54902
Parcel Number
ASSUMPTION AGREEMENT
Document Number Document Title
AGREEMENT made this c� AA
day of �1pc1 ( ZtilC) ,
2010 by and between the CITY OF OSHKOSH and CHOU YEE CHANG &
YEE YANG CHANG.
EXPLANATION OF AGREEMENT
On this date, CHOU YEE CHANG & YEE YANG CHANG intend to
purchase certain property from JACK Y. CHANG & KHOU XIONG
( "SELLERS ") located at 522 Central Street, in the City of Oshkosh, Recording Area
Winnebago County, Wisconsin. SELLERS had previously given to CITY a Name and Return Address
promissory note ( "NOTE ") and mortgage ( "MORTGAGE ") dated December City Attorney's Office
12, 2005 and recorded in the Register of Deeds Office on December 20, Oshkosh, WI 54902 -1130
2005 as Document No. 1382095 wherein SELLERS obligated themselves
to pay CITY $12,126.00. There presently is due and owing under that NOTE
the sum of Twelve Thousand One Hundred Twenty Six and NO /100 Dollars 907- 0411 -0000
($ 12,126.00). Parcel Identification No.
CHOU YEE CHANG & YEE YANG CHANG hereby intend to assume all obligation under the respective
NOTE and MORTGAGE for $12,126.00. That is the purpose of this Agreement.
AGREEMENT
NOW, THEREFORE, IT IS AGREED:
1. CHOU YEE CHANG & YEE YANG CHANG hereby assume all obligation of SELLER under the
NOTE and MORTGAGE and the parties agree that the balance due under the NOTE and MORTGAGE is
$12,126.00.
2. This Agreement shall be binding upon the parties hereto, their heirs, personal representatives and
assigns.
3. In all respects, the parties agree that the terms of the NOTE and MORTGAGE, except as varied
by this Agreement, shall remain in full force and effect.
IN WITNESS WHEREOF, the parties have hereunto set their hands and seal as of the date above written.
522 Central Street
Lot 17 and the North 21 feet of Lot 18, Block 52, in EDGARTON'S PLAT, 7th Ward, City of Oshkosh,
Winnebago County, Wisconsin.
CITY OF OSHKOSH
a yet Chun,
CHOU YEE CHANG 444. ohloff, City 1 and
YEE YANG CHANG ' Pamela R. Ubrig, City Clerk
STATE OF WISCONSIN )
SS
COUNTY OF WINNEBAGO )
Personally came before me this I J d
Y of Ap Y , 1 , 2010, the above named Mark A. Rohloff, City Manager, and Pamela
R. Ubrig, City Clerk, to me known to be officers of the City of Oshkosh, a municipal corporation and who executed the foregoing
instrument and acknowledged the same.
Notary Public', State of Wisconsin //
My Commission (is permanont)(expires) L)q / /_j
STATE OF WISCONSIN )
SS
COUNTY OF WINNEBAGO )
Personally came before me this23rdj 2010, the above named Chou Yee Chang, and Yee Yang Chang, to
me known to be the person who execute efPr�sgoim ,trument an:ka.Vn. ledged the same.
1
r ',, ; ,k ? 1 Nota Public, State of Wisconsin
c `'s My Commission (is permanent)(expire., 4.8.12
o
Document drafted by:
Lynn Lorenson, City Attorney, Oshkosh, WI ,- (P
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