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HomeMy WebLinkAboutREHAB/Dickson/0907180000 � � �FNIffI N MORTGAGE < �� ��' 7.6�464�4.4 �� Uuaimcnt�umbcr �o<umemTitle RfGL5TfR5QFFd/::E CffY OF OSHKOSH wirvN[aac;o ctiu�vrv, wi RESIDENTIAL REHABILITATION PROGRAM �ECOeoe.ta t�rv DF.FBRRRD PAYMF.NT IqAN 05/28J2015 Yo�,s9 nM ]ULIE GAGEL REGISTER OF GEEDS 1 hefeby mortgage,ConVey and warrnn[[o Ihe CITY OF O$HKOSH, a RECORCrING FEE i0.00 Municipal Corporation loca[ed in Winnebago County, Wisconsin eAGES: 2 (mortgage lendery, in consideration of my receiving a deferred paymen[ loan in the amount of TWGNTY THOUSAND THRCB HUNDRGD CIGHTY N1NE DOLLARS und NO/100 ($2Q389.00) for [he rehnbili[a[ion, preservation and enhancemenl of owner occupiecl residential real proper[y Ruoram¢nree which is commonly known as 432 W. 14�� Avenue, Oshkosh, and legall ydm�.��auemrnaadreax described as being in W innebago Coun[y, State of W isconsin: Cily Atlnrney's Offm Lol I8,131ock 87,In IhePlnl ofORIGINAI.'i'llllil] WAItD,91h Ward,City ufOs'hkosh Oshkosh,WI54903-1130 909-U718-OUOU �fhis is homestead property. 'I�his is not a purchase money mortgage. P�recl Idrniinceiio��rv��_ � I certify that 1 have title ro this pmperty and that Ihe [itle is Cree and clear of all encumbrances, exeepting only restrictions and easemenis of record, municipal and the zoning ordinances, curten[taxes and assessments not yet due and any encumbrance noted below: Pirs't mortyegc lo II513C flunk USA fn lhc amwnl ofS82,603 end reaordul in Rcglstcr of Dccds ofOcc on 5I3U/12 as Uoc.No_ I(OJ('1O. ' Seeond mongage�o CitizensPi�s� C�edit Uniov in the amoum of$8,430 avd reco�ded in Itegie�er of Ueeds ot7lce on 'JI4/OS us Doe. No. 13449YL Thi�d mort�ngcro HUD in thc amount of$22,495.89 and�ecorded in Regisre�of Dccds otice ov 2A0/14 ns Doc-Ro. 165�704. 1 will keep the mortgaged property froc from any licn or encumbrance superior lo Ihe lien of�his mortgage, except for those noted above. I agree to [his mortgage on a condi[ion [het, if I pay [o mortgage lender[he full amoun[of[he deferred payment loan sewred by this mortgage and conCorm wilh Ihe terms oC the Borzowe2s Certifica[ion and [his mortgage, then this mortgage will cease and �he note (see Borrower's Certification)will be void. 1 will pay before they become delinquent all tnxes and assessments which may be levied or assessed agains[ lhis mortgage, the note secured by this mortgage and the property described above. 1 will deliver to mortgage IenJer, upon demand, a receipt showing due payment of eny tax or essessment. 1 will kcep �he mortgaged property insured Cor fire and exlended coverage perils for a[ leas[ the full and Cair market value of ihe propeny and pay the premiums thereon when due. I will make sure Ihe City o(Oshkosh is lis[ed as a mortgage holder on the insurence policy. I agree �o keop Ihe mortgagod property in good condilion and repair. I will no[ do any[hing[o diminish or impair[he value of the mortgaged property. Under any foreclosure proceeding, all foreclosure expenses, including reasonable attomev s fees, will also be added m �he amount oC the deCerted paymenL loan and bea�me due as incurzed, and in case of judgement, will be ineluded therein. If 1 fail lo ac� acwrding to Iho turms and conditions of�his' mortgage or Ihe Borrower's Cettifieation for a period of more than fikeen (I S) days, then the whole amount o(the deferred payment ban will, at the option of[ha mor[gage lender, become due and payeble without notice. Under this cirwmstanee, I hereby waive my righ[[o nolice. 1 understand that the mortgage lender is mt responsible for the work perCormed by any wntractor on my property, whe[her paid for out of deferred payment loan funds or otherwise. Unless o[herwise required by law, the invalidity or unenforceabiliry of eny provision of[his mortgage will no[ affec[ [he validity ot enforceability of any oNier pmvision. NI the[enns, condi[ions and eovenan[s of[his mortgage will be binding on my heirs, Iegal representa[ives, successors or any other individual to whom an interest in the mortgaged property or[his mortgage is assigned. , . , . I shall no[ hansfcr, sell or convey any legal or equitable interest in the property (by deed, land contract, optioq long- [erm lease or in any other way) wi[hou[the prior written consent of the mortgege lender, unless either[he indebtedness secured by Ihis mortgage is first paid in Cull or �he interest conveyed is a mortgage or other security interest in [he property, subordinate to ihe lien of this mortgage. The entire indebtedness under [he note secured by this mortgage shall become due and payable in PoII, at the option of the mortgage lender without no[ice, upon any transfer, sale or conveyance made in violation of tliis paragraph. (PLEASE NO"CE 'I�1-IE SINGULAR "I" ALSO INCLUDLS THE PLURAL "WE" IF T[{ERB IS MORC THAN ONE SIGNATURE APPEARING BELO W) I i Dated this ��day of� , 2015 �/� ��I (SEAL) CA OLYN CKSONa/WaCarolynWuest � (SEAL) AU'I'I ICN'fICA'f10N ACKKOWI.I'.DGIiMCNT SigneWrr(s) STATEOFWISCONSM ) �--- � WINNEI3A(iOCOIINTV ) A�lhcnGurtetl this' tlaY ul . 20.. Nersunullycamcbcfmcmcthis�dayofl�Pl� 2p �� PRM"1'I(DNAMIi: th�� vcnamsd 'fffLl!:MEMHLIt S'I'A7P:13AIt OP WISCONSIN %W� Qf not, ro me know�m be Ihe per�,un(s') o executed Ilic fore6oing au[horized by Sec 706.06, Wis Smts) ins e e�kno� I c i q� ,_ , (� � GC/�VY�v No�aryPUhliF Counry My Co��i�jpn(is pe���m)(expi¢s) O\ (Slgnmures may be aulhrn�icn0.d o�ncknowiedged.Bo�h ;ve�ot neceasary.) Documcm d�aHad by: Lynv i.orensoq City Ntomey,Oshkosh, W I