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Home My WebLink AboutREHAB/Klessig/1508670000Doa�ment Number MORTGAGE Documen['Pitle CITY OF OSIli"""�"" ItESIDENTIALREHABILI %o'• ��s DEFERRED PAYn c7-F�� co I hereby mortgage, convey and warrant to ��e Mo�� Municipal Corporation located in Winneb (mortgage lender), in consideration of my 3� in the amount of NINE THOUSAND Elvn � nurvuzcnu uvL�A1�5 an NO/100 ($9,800.00) for the rehabilitation, preservation and enhancement � owner occupied residential real property which is commonly known as 141 Grove Street, Oshkosli, and legally described as being in Wi�aebag County, State of Wisconsin: Lot 5, Block 23, in PLEASANT HOME LAND COMPANY'S FOURTH ADDITION, I Ward, City of Oshkosh This is homestead property. This is not a purchase money mortgage. Tx:,156226 1688855 REGISTER'S OPFICE WINNEBAGO COUNTY, WI RECORDED ON 06/02/2015 3:48 PM JULIE PAGEL REGISTER OF DEEDS RECORDING FEE 30.00 PAGES: 2 Recurdiog Area Name and Return Address City Attorney's OTfice Oshkosh, WI 54903-1130 915-0867-0000 Parcel Identification No. I certify that I have title to this property and that the title is free and clear of all encumbrances, excepting only restrictions and easements of record, municipal and the zoning ordinances, current taxes and assessments not yet due and any encumbrance noted below: Pirst mortgage to W HEDA in the amount of $67,800 and recorded in Register of Deeds office on 4/22/OS as Doc. No. I 352159. 1 will keep the moRgaged property free from any lien or encumbrance superior to the lien of this morCgage, except for those noted above. 1 agree to this mortgage on a condition that, if I pay to mortgage lender the fiill amount of the deferred payment ]oan secured by this mortgage and conform with the terms of the Borrower's Certification and this mortgage, then this mortgaae wil! cease and tha noiz (see Borrower's Certificationj will be void. I will pay before they become delinquent all teixes and assessments which may be levied or assessed against this mortgage, the note secured by this mortgage and fhe property described above. 1 will deliver to mortgage lender, upon demand, a receipt showing due payment of any tax or assessment. 1 will keep the mortgaged property insured for fire and extended coverage perils for at least the full and fair markeC value 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. 1 agree to keep the mortgaged proper[y in good condition and repair. 1 will not do anything to diminish or impair the value of the mortgaged property. Under a�y foreclosure proceeding, all foreclosure expenses, including reasonable attorney's fees, will also be added to the amoLmf 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, 1 hereby waive my right to notice. I understand [ha[ [he 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 any other individual to whom an interest in the mortgaged property or this mortgage is assigned. �-Z __ �,_.__ __________._. __ ..,r, I shall not transfer, sell or convey any legal or equitable interest in the property (by deed, land contract, option, long- terrr 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 fiill or the fnterest conveyed is a morlgage or other security interest in the property, subordinate to the lien oC this mortgage. 7'he 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 BF.,LOW) Dated this �� day of 1! ��L , 2015 ��'`�` � (SEAL) TODD N. KLESSI S� l� �SEAL> SA HR� L. �SIG AUTHGNTICA"CION Authenticated this day oY 20_ PRM'iGD NAME: TITLE: MEMBBR STATE BAR OP WISCONSIN Qf not, authorized by Sec 706.06, Wis S�ats) (Signalures may be authenticated or acknowledged. 6oth �are not necessary.) Document drafted by: Lynn Lorenson, City Atlomeg Oshkosh, WI ACKNOWLEDGEMGNT STATEO� WISCONSIN ) WINNfiHAGOCOUNI'Y ) Personally came bePore me this�� day of �p� 20 �� `Ta� °�. , to me known to be the person(s) who executed the foregoing inst t and Irnowled e th�� Notary Publiq County My Co � on (is perma nt) (ezpires) 0��20�