HomeMy WebLinkAbout0129 and shall pe~~o~m, rnmp~y wtfh and abic~e by ~1~ and sc~ery tRe agreerrwnts. tflpu~aflons. conditio?u and
~ covenanlt fhereo), and oJ Ih1s mort~aAs, t1?e~ thb mo?tgoge a~d ths s~tate I~.reby created, shau eeass. d~-
tennlne nnd 6e null and void.
~11{I~ ttis morlgaQor 1~eruby Jurfhe~ c~avenants and oarees to pay promplly when dw !hs prtnctpnl and
interest and other aums oj money provided jor in said nots and thta mortgage, or eithtr: to pay alI and
aingu~ar t1~e fa.res. assessmenls, ~evtes. ~tabilifies. o6~ipaNons. and encumbnnnces o~ every nafure o~ satd pro-
pe?ty; to permif. commtt or su~Jer ~o wa~te, im~wirment or dete?io~afion o~ aaid ~and or fhe improvements
:hereon al any t1me; to Ire~ep fhP 6uildtngs now o~ herea/ter o~ said land /ully tnswed in a sum oJ not less
e~°^ ~ione
in a eompany or companles ec~cepfab~e to f~e mortgngee. the po~tcy or po~tctes fo be ~Se~ by, and ~xiya6b
to. sald mortgagee, nnd in the e~ent any sun~ o~ money bec~omes ~ya61~ 6y vtrtue o~ sucti inauranc~e the
~ morlgagee shall have tl~g rtght to ?~ec~elue and apply tRe sane to the tnde6tedness heroby ~ecurecl, aoeounting
to the morfgapor ~or any surplus: to par a~~ eostt. cl~arges. and experues, inc~ucling ~awyer s~ees and fit~s
• aear+cl~es, reasona6ly ~~~~~10~ na~d 6y tl~a mortgagee bec~ause of fhe ~ai~ure oj fhe mortgngor !o prompt~y
nnd jul~y eomp~y with the agreemenfs, aflpu~aftons, eondifiona ancl covenanta oJ aaid nole n~d Ihis mortgage.
or etther: to pe~(orm, comply wilh nnd abtde by each and euery the agreemenls, sttpulatioru, condition~ and
' covertants se! /ort~ in auid nole and this morlgage or eif~er. In the eve~t the mortgagor /alla to pay wken
aue any fax..asseument. tnswnnce premium or otf~e~ sum o/ mon~r pnya6le 6y vlrtue o~ snid note and tlets
n~orfgage, or et1l~e~. fhe morlgngee mny pay the same, wtthout wuiving or a~fecting the optlort to ~orec~ose
or any other right hereunder, and all such payme~is ahall bear tnterest /rom date fherro/ at the higl~est law-
~uI rale fl~en allow~ 6y el~a lnu~s oJ tl~e State ol F[~aa.
~l any sum.o~ money herein r~e(erred to be nol prompf~y patd within thlrty (30~dn~ra next aller
th~ dame Gecomes due, or tJ eacl? ond every, the agreemenla, atipubttona, condittons and c~oaenanta of snid
nole and 11~is mortgage, or eit6er, are not ~ully p#rformed, c~omQited u~ith und ab~ded 6y, then the entire
sum mentioned in said~~, r~~i~ier~e~r~~l~r~t~r~,~~~~~npa~d tker+eon. alwl! /orthwith or
fhee+etefte?. at f~e optio~o the mo?tgag ~ me an caiie pa~~e. anyfhing In saic~ note or herein
~ to tl~e contrary notu~tthstanaing. Fatlure by the mortgagee to exe~ctie any of fhe rig~b or opNons heroin
pnovided s~a~~ not conslitute a waiver o~ any r~gRfs or options unc~er satc~ nofe or t~it mortgage aceTUec~ or
t{~erea~ler ac~cruing.
~
~n ~tness ~hereof~ the said mortgagor I~as hereunfo signed and senled lhese presenb t{~e
day and year Jtrst above wriiten.
Signed d deltvered in Ihe presence o(:
.
. - . -
- • . .
o ica~cusheim r .
_'~CXl.~,~,,,, ~-'~i~t~
' T-LUCIE COU ~ ' ~
EGQRO.~(ERIFIED . ~--.J~...--••----•----•....~
~
i
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'66 4~;~! ~ ~---p~--O'7'~'
4 146 ~
~ 3,iR~S
' " CLEKK Vi~~Ui+ G~URT
TO 411 C O
(Attorue~ in Faet) -
. an
~ STATE OF CALIPORNIA ~ -
Los Angeles
COUNTY OF
On a V 1966 - be(ore me, the undersianed, a Notary Public in a~d tor aaid Siate, ged
~ p~nonaJ~rapp~,r'a Frank G. We11s .
~ known to me to be the person- rrhoae name is subscribed to the within instrument, aa t6e
= Attorney- ie fact of John Frankenhe imer ,
~ and acknorrledged to me that he subscribed ~he name _
~ of 3ohn Frankenhe imer,he«<o pr;n~;~~_ ~~i ~ t i c-,-~
<
w and ~1~8 own name_ as Attorner_ in fart. • .
,',~H~R~Y~~ Af~l~iCT..
~ WITNESS my haad and o~cial seal. .A NOT%?R1f NI~IC.-CAtIFOyJ1A '
(`Q ' lIOM'(,~tAl"biN~! IjJ••
• Signatnre ~-~Ci i~~ - r10S.AN~i~1~~C~UNT1~f~
c $Wl~l~' ~JiNUT _
( • ~ ~ ` .
~ Name Typed or Printed ) . ~ l '
v "
~ I10/1~~/'~(~ ~i£tl~ t': :is ) EY:;{ Y1!c. '..;'J'•iT 1Tlb ~rq M Atial wtarial ~eap
Vf LW ~Y~f.W. J~~~L YI Wi~.l:u~~.~i~ .
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ii
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BOOK 148 - 128
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