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4.5. HRSR 12-06-2021
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4.5. HRSR 12-06-2021
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12/3/2021 9:50:13 AM
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City Government
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HRSR
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12/6/2021
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140.0-19?DATE R - <br />MTG REGISTRY TAX OF AID <br />Au <br />Deputy <br />'(kvct O COW, <br />Quality Abstract, Inc. <br />7650 Currell Blvd. Suite 350, Woodbury, MN 55125 <br />r/Treasurer <br />THIS MORTGAGE, made this 5th <br />Mortgage <br />day of July <br />Office of the County Recorder <br />Sherburne County, MN <br />Doc. No. 876478 <br />Certified, filed, and or recorded on <br />August 8, 2019 3:00 PM <br />Michelle Ashe, County Recorder <br />By SD Deputy <br />Fees: $46.00 <br />III IIIIIIIIIIIIIIIIIIII VIII <br />876478 <br />2019 ,by <br />MEGAN L. HAUK, FKA MEGAN L WITTENBERG AND CHRISTOPHER J. HAUK, SPOUSES MARRIED TO EACH <br />OTHER residing at 19135 TROY STREET NW, Elk River, MN 55330 <br />(hereinafter designated as Mortgagor) to the Housing and Redevelopment Authority in and for the City of Elk <br />River, Minnesota, a public body corporate and politic, whose main office if located at 13065 Orono Parkway, in the <br />City of Elk River, County of Sherburne, State of Minnesota (hereinafter designated as Mortgagee). <br />WITNESSETH: That said Mortgagor hereby mortgages and conveys to said Mortgagee the following <br />described real property at 19135 TROY STREET NW, Elk River, MN 55330 <br />(the "Property"), legally described as: <br />The North 162.50 feet of the South 325.00 feet of the West 629.50 feet, all as measured at right angles, of <br />the Northwest 1/4 of the Southeast 1/4 of Section 30, Township 33, Range 26, Sherburne County, Minnesota <br />, according to the recorded plat thereof, and situate in Sherburne County, Minnesota. <br />This Mortgage is given in consideration of and as security for the payment of <br />Twenty -Five Thousand <br />Dollars (s 25,000.00) (the "Loan Funds"), receipt of which is hereby acknowledged and which is made to enable <br />the Mortgagor to make home improvements on the Property The Loan Funds are evidenced by a Note (the "Note") <br />to the order of the Mortgagee of even date herewith, a copy of which is attached hereto as Schedule 1 and <br />incorporated herein by reference. The Loan Funds shall be repaid according to the terms of the Note of the same <br />date, provided that the final payment of principal and interest on the Note shall be due and payable on <br />Mortgagor makes and includes in this Mortgage the Statutory Covenants and other provisions set forth in <br />Minnesota Statutes, Section 507.15, including without limitation: <br />a. To warrant title to the Property. <br />b. To pay all other mortgages, liens, charges or encumbrances against the Property as and when they <br />become due. <br />C. To pay the indebtedness of the Note as herein provided. <br />d. To pay all real estate taxes on the Property. <br />e. To keep the Property in repair and to commit no waste upon the Property. <br />f. To keep any buildings on the Property insured against loss by fire and other hazards for at least the <br />sum of the full insurable value of the Property for the protection for the Mortgagee. <br />CEE / Elk—River—Mortgage / 01-19 <br />
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