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HomeMy WebLinkAbout1319 , . 6. That (a) In the avent of any b~each ot thi~ mortgage o~ defautt on the ptrt ot Lhe Atu~tgagor, or Ib! ta the event any ot aaid sums ot money herein reterred to be not promptly and tully pa~d w~thin ten days next ~iter the same ~eve~eUy become due and payabte, wfthout demand or not~c•e, ur ~c! in tlie e~~ent each and every the sUpulaUona, agrecments, cond~i~ona and rovenants ot sa?d proms•o?y nute and this n~urteage, any or either, are not duly, promptly and fully pertormed, discha~ged, executed, et[ected, completed, complied with and abidrd Dy, then. ~n either or any such event, the sa~d aggregate sum m~~nUoneJ ~n s:i~d proin~~sory note then rema~n~ng unpa~d, with intrrest accrued, and alt moneya se~~ired h~•reby, shnll become due and pa~•able torthwith, or there- atter, at the option of aaid 1ltortgagee, as [ully and compietcly as ~I all ot the said sums of muney w•ere originally atipulated to be paid on such day, anything in sa~d prau~ssory note, an~i or in thi~ ~nortgxge to the contrary not- withstanding; and thereupon o~ thereafter at the opt~~~n of sa~d ~Io~tgagee, ~~•ithout notice or demand, auit at law or in equlty. theretofore, or thereafter begun. may be prosecuted us it all moneys secured hece~y had matured prior to ita institution T. That in ths eveat thst at the beginning ot or at any time pending any suit upon thls mortgage~ or to lonclose it~ or to reform it, and/or to eniorce payment ot any cls~m.s hereunder, said Mortgagee ahall apply to the court having juriadlctlon thereof for the appantment ot a Receiver, auch court shall torthwith appoint • Recefver oi said mortgaged property sll and aingular. including all and aingular the rents, income, profits, issues end revenuea Lrom whatever source derived, each and e~•ec•y ot ~~•hich, it being expressly understood, fa hereby mortgaged a~ if specifically set forth and descrited in the ~rant~ng and habendum clauses hereof. and such Receiver shall have all the broad and etiective tunctions and {w~~•ers in xny~a•ise entrusted by a court to a Receiver, and auch appointment ahall be made by auch cuurt as an admitted equity and s matter of ab- solute right to aald Mortgagee, artd wilhout reterence to tfie adeyuacy or inadequacy ot the value ot the prop- erty mortgaged or to the aolvency or insoivency of aaid 1?tortRagor and ~or ot the detendants, and that auch rents, profits. income, issue~ and re~~enues shall be a~>plied Dy such Recei~•er accotding to the liea and/or equity oi aaid Mortgagee snd the practice of such court ]~U~ A]4 - ' ' _ _ . . _ 7~Ql~iX x$ _ ' ~ , . . at W1T3~1ES$ WHERFbF, ihe aald Mortgagor haa executed ortgage under eeal on the day and year herein first above ~vrltten. 3igned. sealed and d Hvered in the presence ot: ~~.a.,c~'~ ~L/~~~V~'!'~S.C..-.._.__ ~ ~ : ~~t' ~r~.~~. ~ (SEAL) .~y~~~ / .t~¢:....f.,,,.. T:', . . . _ , , ~ George arAn _ . . .__J . ~ ~ . _ . . . : 1Li1 ~ _ . . . . . . ~ : _ ~.Tl - ~ sTw~ oF_.... _California : J . ..._Z~.c~'~~- ~•l COUNTY OF...~a'~-----------------••--• ~ Betore ane per~oually appeared...__..----...._...___. GEORGE._SL~C,~1,~.....__..._._._.._......_.._.._._...._._.._.._......_ . j to me well known and known to me to be the individual_._. described in and who executed the foregoing iiwtru- ment, and scknowledged before me that ..._he__ execute e same for e purposea there~ expre~sed. ~ r . ___...asy L_ ' . .?4. aeal cnia------ ~ Mlt~ir~? NN~a'~iroiwNE , " rA~l ~IIN1Y Notsry PubLc in and for lm the County and State Afo a. _ - My commission e~cpirea: TE OF_..--••--• s~. CO OF...._...---•-••---._.._---•-•--.._..... _ Befor e personally sppeared ._......_...._...---._......_......____..._.__......_.....M.___.._.._..__....__...._ and----••-._..__....•--• to me weII known aad known W me to be the.._.__. _...preaident and._.--------•----_ Secseter~ respectively ot the corporaUon named in the foregoing inntrument, an own W me to be the persons wDo aa sucL o!llcers of aaid corporstlon. executed the same; and then and there the d----•-•-•--•---..__.._.._..._-------------------........_....--•--..._._._......-•--•-.....and the aaid ..r .........__.~...__._____.._._d1d scknowiedge befors rae that satd ~ lnstrument ie the iree act and decd of said corporation them respecUvely executed as auch ofricers for ths ~ purpo~ therefn expresaed: that the seal thereunto att ie the corporate seal by them 1n 1i1ce caPscity af- ~ fixed: all undar authority tn them duly vested by the Board o rectors oi said corporation. ~ 19.._._ WiTNE83 my haad and ofAc[al seal thia ............._._.__...da ...__.....__..._....._.._.......___..r.........__... s ~ ~ ----••---_-••-••••--...~_....w ~ f~O ~Q RuN~ fE0 ` Notary Publfc and for ~ ! (E CO LA. the County and Aforesaid. ~ S7. ~ E~. pp{7RAS !Sy commiasion ezp c~EaR cti~c~ p ~ou~ ~ ~ECORO ~EatFtE ~ ~ ,~~K~ia _ . ~ ~ _ z~aa~o 8~~226 P~cfi318 ~u _ _ . . ~ ~ - - _ - - = a , ~ ~ ~ F _ ~ _ ~ _ ~ _a.~. , _ _ . , _ ~ _ ~5.,_