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Home My WebLink About628 Frederick Street 11 :111111111 I 8 4 8 2 8 0 7 MORTGAGE Tx:4354059 Document Number Document Title DOC# 1784222 NATALIE STROHMEYER CITY OF OSHKOSH REGISTER OF DEEDS RESIDENTIAL REHABILITATION PROGRAM WINNEBAGO COUNTY,WI INSTALLMENT LOAN RECORDED ON: 02/19/2019 02:29 PM RECORDING FEE: PAGES: 2 I hereby mortgage, convey and warrant to the CITY OF OSHKOSH, a Municipal Corporation located in Winnebago County, Wisconsin 1 -lz l (mortgage lender), in consideration of my receiving an installment loan in the amount of TWENTY SIX THOUSAND THREE HUNDRED EIGHTY SIX DOLLARS and 30/100 ($26,386.30) for the rehabilitation, preservation and enhancement of owner occupied residential real property Recording Area which is commonly known as 628 Frederick Street, Oshkosh, and legally Name and Return Address described as being in Winnebago County, State of Wisconsin: City Attorney's Office The West 70 feet of Lot 13,Block 45, in W.W. WRIGHT'S SUBDIVISION of Part of Block Oshkosh,WI 54903- 130 45&F,7th Ward,City of Oshkosh 907-0365-0000 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 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: First mortgage to WHEDA in the amount of$73,000 and recorded in Register of Deeds office on 8/22/17 as Doc.No. 1747406. I will keep the mortgaged property free from any lien or encumbrance superior to the lien of this 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 installment 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 or assessment. I will keep the mortgaged property insured for fire and extended coverage perils for at least the full and fair market 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. I agree to keep the 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 amount of the installment 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 installment 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 understand that the mortgage lender is not responsible for the work performed by any contractor on my property, whether paid for out of installment 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. J • 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 of this mortgage. 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 1 f day of Pe ^u c'l`,./ , 2019 / s (SEAL) JASO SCHNEIDER (SEAL) AUTHENTICATION ACKNOWLEDGEMENT Signature(s) STATE OF WISCONSIN ) WINNEBAGO COUNTY ) Authenticated this day of 20 Personally came before me this {P day of ‘f\„ 20 \C\ PRINTED NAME: the above named TITLE:MEMBER STATE BAR OF WISCONSIN 3oS \ c ( e (If not, to me known to be the person(s)who executed the foregoing authorized by Sec 706.06,Wis Stats) instru e acknowledge the same. N Public, NIQ\n`(\2 10104, County My Commision(is-pemenent)-(e)tf Tres) I,AOmc f2) 20 2'O (Signatures may be authenticated or acknowledged.Both are not necessary.) Document drafted by: Lynn Lorenson,City Attorney,Oshkosh,WI