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HomeMy WebLinkAbout1337 and s{~all pe~Jorm, comply wilh and n6ide by enca and ei~ery the.~ ~greements, stlpulationi, conditions and coi~enants thereo~, and oj this ma?tgas~e. lhpn this mortgape and the estate 1?ereby c?eated, shall ceaae, ds- Inrmine aud be null and void. Ihp morfga~or tien~by ~urltier covennnts and ogrees lo pay prompfly when due the principal and internsl and other sums o~ money provic~ec~ lor in sai~ note and Itits mortgage, or eiltier; to pay a~~ and singular Ihe IAICPS, assessme~~ts, levies, lia6ilities, o6ligations, nnd encum6rnnces o~ every nature on said pro- pe?ty: fo pe~mif. commii or suffer no waste, impairmenl or c~eteriomtion o~ said ~and or !he imp?ovemenla IF~Prrcn at any lime: to kppP ~hp buildin~s nou? or hernaj~~r on saitl Iant~ ~tilly insi~red in a sum o( not ~eu than in o compa?iy or ~~ompanies accepfa6le to tl~e morfgagee, tl~e po~icy or po~icies to 6e hpld 6y, aner paya6le fo, sai~ mortgagep, an~ in Itie e~~en! any sum oj money hecomes paya~i~e 6y ~~irlue oJ such lnsu~ance fhe mort~agpe shall tiai~r Ihe rigl~l fo rcu~eive anc~ apply 11te same to tl~e inde6tedness herel~y secured, accourtting fo f~~e morl~anor for any surplus; lo puy a~~ costs, c~arpes, nnd expenses, inc~uc~ing ~awyers ~ees and lil~e searc~es, reasona6ly incurrptl or pai~ ~?y the morlgagee 6ecause o~ I~e fai~ure o~ Ihe mo?fgagor to prompt~y ant~ ~ully comply iaifh t{~e agreemenis, stipu~afions, con~itions and cot~enanls oJ saitj note an~ I~is mortgnge, or eif~~er: fo perjorm, comply u~ith and a6ide 6y each and every fhe agreements, slipu~ations, condifions anc~ covenanfs sef (orl~~ in said note dnd ttiis morlgage. or eilher. ~n the Fvent l{~e mortgagor (ai~s to pay u~{~en due any tax, assessment, insuran~e premium or other sum oj money paynble by nirlue o~ saic~ note and this morl{~age, or either, the morlga~ee may pay fhe same, iuithouf wniving or aJferfing !he option fo ~orec~ose or any otlier right tierpund~r, and aIl such payments sl~all 6ear interest (rom date therea~ at ih~ higF~est Iau•- ~u~ rate 1{~en allo~recl tiy f~~e ~a~us o( f{~e Sfafe o~ t'~ori~a. D` any sum o( mon~v herein re(errPCJ to be not prompf~y paic~ wiltiin thirty days nexf njier t{~~ snme bPCOmes due, or i) eacf~ an~ Pl'P~y I~P Q~lPBI1IPIIIS. S~1pl1IQIlOI1S, fOR~itions and covenants o( snid flO~P Qfl~ ~l11S morf,qa~P, or Pl~~Pr, Q~A I10~ JuIIy performecl, complipd Wt~~ and a6~ded 6y, ~~Pfl t~P enfire sum menlioned in said note, an~1 tl~is mortgage, or th e entire 6n~ance unpai~ Ihereon. sha~l f orlF~u~ifh or t~ereaJter, al ttie option o~ If~e mortgngee, hecome and 6e due and paya6le, anyt~ing in sni~ note or herein to t{~~ confrary noliviftisfan~~ing. Faiiurn hy f{~e mortgagee !o exercise any o~ the rig~fs or options herein provic~c>c~ stia~~ not constifuf~ a u~air~r oj any ric~hfs or oplions unc~er sai~ nole or t~is mortgage accrupc~ or lhernaf ter accruing. ~n ~itness ~hereof~ tliP said mortqayor hns hPrPUnlo sinnec~ and sPa~etl t{?ese presenfs tF~e ~ay an~~ year firs! abone u~riflen. Si~necr. sFa(~c~ an~ cl~~i~~erpc~ in Ih~ prns~nce o): ~ - " ~~d.G- c ~Lt u ~ a ~ S/l.Ll.~-. x ..~,~'~.s:-- . . - - ` , ~ - - - - ~ - - , , . ~ , . . , ~r~.~~ J" - ~ / ~~t~.<,c-~-u,.~.~ .__.l.!{ ..c~-~~-r~.. - - x.~.... - - _ ....~2~~I~ ~ E ~ ~ _ - •s . _ - - - - - - • - - ~ ~ ~ . ~ ~ ~ STATE OF CALIFORNIA ~ COU~TY nF ~tLl~d t I HEREBY CER7'IFY that on this day, be(ore me, an ~ of(icer duly authorized in the Statt aforesaid and in th~ County a(oresaid to tak~ acknowledgmenu, personally appeared CHESTER O. STARLING and SANDRA M. STARLING, his wife to me known to b~ the person g described in and who ea~cutcd the im~goinq instrument and they actnowltdged ~ c~~~ be[or~ me that they ~xecuted the same. ~ N'ITtiESS my hand and of(icial seal in thc (:ounty and Stat~• last aforesaid this ,~1~ r ff day o( ~ ~ NOVembera. D- 1973 ~ _ ~ . - ; : t. ~y y.. ' ' .,?~HN~ VJ,. P,~6~r'jl i ~ r` ~ ~ ~ , ~ ~ - ~ :Y.l~~;j 4~ ''.~,_•3 ~ _ _ _ 3~ ~~.I~ ~ . i . ' . . . r ?f~y' P~ ~ ~ ~ J?r_~ I11s/rr~~~~~~41D hyA~ ~ R~'~ cAr-i3~7 c. , ~OCK ; .1JJn:~ - • 8~,;~,rr sW.a 1 So.;.~; i.';. ; ?~w~p - ~9rt PNrq1 f,Qrid~ 3,345p ~ , - -