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Home My WebLink AboutREHAB/Win & Pen/1105620000 �� I 9 �II ��i�s �� ia�� MORTGAGE �� a ' ��' ��- �'�,: : r:: t Do<umcolNUmbcr Ducumcn�"Cille R E;7.S"li P':I O F F.. .:E CITY OF OSHKOSH WINNEI)AG�I f.9lIN''1, WI i RESIDENTIALREHABILITATIONPROGRAM L ��,'F;i?e� �rd � 0_/ Lft! � 15 :..2dVM DGF6RRED YAYMEN'1' LOAN � J.ILLE PA(�EL i REG['.�713'.r, p'.= pEl°DS I hereby mortgage, convey and warrant ro the CIIY Of OSHKOSII,a RECURDI��G r e=_ _G.00 Municipal Corporation located in Winnebago County, Wisconsin pp;;1::; ; (mortgagc Icndor), in eonsideration of my receiving a deferred payment loan in the amount af TEN THOUSAND DOLLARS and NO/100 ($1Q000.00 for the rehabilitatioq preservation and enhancement of owner occupied residential real property which is commonly known as 755 Hazel Street, kef��a��s��pa Oshkosh, and Icgally described as being in Winnebago County, State o NamcanaRcavnnnar��.. W isconsin: City,luarney's Offce lot 47, Ilbck C, in (i.L. MAUISON'S �'OR"fll P9RK ADDITION, I I�h Ward, City o� �shkosh,�V154oU3-11311 OshAosh 91L056�-00f10 Parcel IdeNlfcnlluu No. This is homes[ead property. This is no[a purchase money mortgage. I certify thal I have title to tl�is property and that the title is ti'ee and clear of all encumbr�nces, excepting only restrietions and easements of record, municipal and the zoning ordinances, current taxes and assessmen[s not yet due and any encumbrance no[ed below: Pi�s�niortgnge�o Assoeia�ed�onk or its successors in Ihe umount of$G4,500�ateA on ur nbuul 5/I S/I5. 1 will keep thc mortgaged property free from any lien or enwmbrance superior to the lien of this mortgage, esceptfor those no[ed above. i agree [o this mortgage on a condition Ihat, if 1 pay m mortgege lender the full amount of[he deferred paymen[ loan secured by this mortgage and eonfonn wi[h [he terms of the R�rrower's Certitication and this mortgagq then this � mortgage will cease and the note(see Bortower's Certification)will be void. i I will pay before they becomc dclinqucnt all taxcs and assessments which may bc Icvicd or assessed against this mortgage, [he no[e secured by this mongage and the proper[y described above. 1 will deliver m mortgage lender, upon demand, a receip[showing due paymen[of any taac or assessment. I will keep the mortgaged property insurcd for �re and extended coverage perils for at Icast lhc full and Cair market valuc of[hc property and pay [he premiums thereon when due. I will make sure the City of Oshkosh is lisced as x mortgage holder on the insurance policy. I agree to keep the mortgaged property in good condition and repair. 1 will not do anything to diminish or impair the valuc of[hc mortgaged propcm�. Under any foreclosure proceeding all foreclosure expenses, including reasonable attomey's fees, will also be added to the amount of the deferred payment lonn and become due as incurred, and in cnse of judgement, will be ineluded thcrcin. If 1 fail [o ac[ according ro the terms and condilions oC lhis mortgage or thc Burrower's Certifica[ion for a period of more than fifteen (I S) days, then the whole a�nount of the delerred pnyment loan will, at the option of tl�e mottgngc Icnder, become due and payable without notice. Under this circumstance, I hereby waive my right[o no[ice. 1 unders[and [het the mortgege lender is not responsible fbr the work performed by any eon[rac[or on my property, whether paid for out of deferred payment loan funds or otherwise. Unless otherwise required by law, the invalidity or unenlorceability of any pmvision of this mortgage will no[ affect the validity or enforeeabiliTy of any other provision. All the terms, conditions and covenants of this mortgage will be binding on my heirs, legal representa[ives, successors o�any other individual to whom an interest in [he mortgaged property or this mortgage is assigneA. a�- ! shall not iransfer, sell or convey any legal or equitablc interest in the property (by deed, land contract, op[ioq long- term lease or in any other way)withouC the prior written consent of the mongage Icnder, unless either the indebredness . sccurcd by lhis' mortgage is first paid in full or the in[eres[ conveyed is a mortgage or other sewrity interesl in lhe � proparty, subordinate to the lien of this mortgege. The cntirc indcbtedness under the no[e secuced by this mortgage i shall become due and payable in full, at the option of the mortgage lender without noticc, upon any transfer, sale or � conveyance madein viola[ion oflhis paragraph. (PLEASE NOTE 'IH� SINGULAR '7" ALSO INCLUDGS THG PLURAI. "WE" IF THERE IS MORE THAN ONE SIGNATURF, APPEARING BELOW) Dated this �day of m� , 2015 ✓� � ,,.�„_ (SEAL) KYA(�%L WIN __—"�"4 (SF.Ai,) MU YEN PEN AU97IIiN'fICA'PION ACKNOWLEDGIdMY.NT , Signa�ure(s) STATEOFWISCONSIN ) WIN4�RAGOCOUN'I�Y J Aulhemicated Wis dav oC 20 c � Persunully enme belo�fe m�ei this �J ��y of �20 '� PItIN"IIiDNAMC: Iheauovenamed�,��`i�e.r`V3�1.,: LJ�lI Gr✓ 'fl7'LF.:MF:�MI361t S'I'A'fl[13AR OP WISCONSIn' � � Qfnul, mmekmwnrobethepersov(s)whoexecutedthefomgoing� � authnrired by Sec7(I(p6.WIS Sm�s) in ttument and/acknowledge thc snme Y.�� Notary Punlic, '� counlY .. v Commission(ispermaneny(expires) 20�.� �n (Si�iahves may bc authentica�rd or acknowledgeJ. I3oth gE �� arc�ot necessnry.) .'�GFi�� `v�P'• qPRY�'�� "'=. _ p � ' z : _ : 2 �' �U ; m ; ., PU��,-'�o< �' ,`9TATE pF`�1��','°, I � DucumcN dreftcd by: I,ynn Lomnso�,Cip�Anomey,Oshkosh,WI