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<br /> I II
<br /> 8780125
<br /> Tx:8611153
<br /> MORTGAGE KRISTI CHLEBOWSKI
<br /> DANE COUNTY
<br /> REGISTER OF DEEDS
<br /> DOCUMENT NUMBER:
<br /> DOCUMENT #
<br /> 5108283
<br /> 11/03/2014 12:00 PM
<br /> Trans. Fee:
<br /> Exempt#:
<br /> Rec. Fee: 30.00
<br /> RETURN ADDRESS:
<br /> Pages: 8
<br /> Oregon Community Bank& Trust
<br /> Main Street Office
<br /> 733 N Main St
<br /> Oregon,WI 53575
<br /> PARCEL I.D. NUMBER: 052-0510-291-9530-9
<br /> THIS MORTGAGE dated October 23, 2014, is made and executed between The James H. Gnewuch Revocable
<br /> Trust, whose address is 4246 Old Stage Road, Brooklyn, WI 53521- (referred to below as "Grantor") and
<br /> Oregon Community Bank & Trust, whose address is 733 N Main St, Oregon, WI 53575 (referred to below as
<br /> "Lender").
<br /> GRANT OF MORTGAGE. For valuable consideration, Grantor mortgages and conveys to Lender all of Grantor's right, title, and interest in
<br /> and to the following described real property, together with all existing or subsequently erected or affixed buildings, improvements and
<br /> fixtures; privileges, hereditaments, easements, rights of way, and appurtenances; all water, water rights, watercourses and ditch rights
<br /> (including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real property, including
<br /> without limitation all minerals, oil, gas,geothermal and similar matters, (the "Real Property") located in Dane County, State of
<br /> Wisconsin:
<br /> A part of the E 1/4 of Section 29 T5N, R10E, Town of Rutland, Dane County, Wisconsin more fully
<br /> described thusly: Commencing at the E 1/4 corner of the said Section 29; thence N0°08'09"ITV along the
<br /> Section line 942.87 feet; thence West 302.86 feet to the point of beginning of this description; thence
<br /> North 686 feet• thence West 574.26 feet; thence South 686 feet; thence East 191.40 feet; thence
<br /> S0°08'45"W 1887.48 feet; thence S61°46'40"E 24.96 feet along the centerline of Old Stage Road;
<br /> thence N0°08'45"E 1899.32 feet; thence East 360.86 feet to the point of beginning.
<br /> The Real Property or its address Is commonly known as 4246 Old Stage Road, Brooklyn, WI 53521-. The
<br /> Real Property tax Identification number is 052-0510-291-9530-9.
<br /> This property is the Grantor's homestead.
<br /> Grantor presently assigns to Lender all of Grantor's right, title, and interest in and to all present and future leases of the Property and all
<br /> Rents from the Property. In addition, Grantor grants to Lender a Uniform Commercial Code security interest in the Personal Property and
<br /> Rents.
<br /> THIS MORTGAGE, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND PERSONAL PROPERTY,
<br /> IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF ANY AND ALL OBLIGATIONS UNDER THE
<br /> NOTE,THE RELATED DOCUMENTS,AND THIS MORTGAGE. THIS MORTGAGE IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS:
<br /> PAYMENT AND PERFORMANCE. Except as otherwise provided in this Mortgage, Grantor shall pay to Lender all amounts secured by this
<br /> Mortgage as they become due and shall strictly perform all of Grantor's obligations under this Mortgage.
<br /> POSSESSION AND MAINTENANCE OF THE PROPERTY. Grantor agrees that Grantor's possession and use of the Property shall be
<br /> governed by the following provisions:
<br /> Possession and Use. Until the occurrence of an Event of Default, Grantor may (1) remain in possession and control of the Property;
<br /> (2) use,operate or manage the Property; and (3) collect the Rents from the Property.
<br /> Duty to Maintain. Grantor shall maintain the Property in good condition and promptly perform all repairs, replacements, and
<br /> maintenance necessary to preserve its value.
<br /> Compliance With Environmental Laws. Grantor represents and warrants to Lender that: (1) During the period of Grantor's ownership
<br /> of the Property, there has been no use, generation, manufacture, storage, treatment, disposal, release or threatened release of any
<br /> Hazardous Substance by any person on, under, about or from the Property; (2) Grantor has no knowledge of, or reason to believe
<br /> that there has been, except as previously disclosed to and acknowledged by Lender in writing, (a) any breach or violation of any
<br /> Environmental Laws, (b) any use, generation, manufacture, storage, treatment, disposal, release or threatened release of any
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