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prior eo entry of ~ judament eaforcins thit Monga~a it: (a) Borrower pays Lends~ all sums which would be then due under
this Mortga~e. the Note and nota socurioa Future /?dvancts~ it any. had no accekration occurrcd; (b) Borrowe~ curos
all bresches ot any othe~ covensnts o~ a~eemeoq of Bonowe~ contaiRed i~ this Moctgage: (c) Borrowe~ pan all reasoaable
expenses inrurrcd by Lender in eaforcins tM covenants a~ agreamenu of Borrower contained in this bton~aga and in
enforcina I.ende~'s remodies as provided in panuaph 18 benwi. includin~. but not limited to. rasonable attorney's tees; sod ~
(d) Borrowe~ taka such action as Lender may rcasonably requiro to assure that the lien of this I~lortgsge. Lend~'s inte~est
in the ~'~operty aad Borrowar's obli~atan to psy the wms securod by this Mortgage~shatl eontinue unimpair+ed. Upon such
payment and curo by Honowe~. this Mortjage a~d the obli~atioos ~curod hereby sfiall remain in full fo[oa and eftect as it
no accele~ation bad occurned.
20. Assi~aiae~t ot ReN~ Appoi~ta~e~t ~ Receiver. As additio~al tecu~ity heceuMie~. Borrower he~eby uii~~s to
Lende~ the rents ot the Ptopetty. provided thu Borrowe~ shall. pra~ to uccekration uoder paragnph 18 hercof or abandoA- _
ment of the Property~ lun?e the right to coileet and retai~ such rcnts as they becoma due and psyable.
Upon accakratto~ undet puagraph 18 heroof or abandonment of tl~e Pwperty. Lender shsll be entitled to have a
receive~ appointed by a court to eote~ upon~ take posseuion of aied ma~aQe the Propeny and to colicct the rpnts of tbe
Pmperty. includin= those past duet. All rents collxted by the reoeiver sball be applied Rrst to paymeot of ~l~e casts of
management of the Pwperty and colkcGon of rrnts. includi~g. but not limit~d to. receiver': fea, premiums qn neceiver's
_ bonds aod re::onabk atwmay`s fea. aad tha~ to the sums securod by this Mongage. The r~ceivershall be liable to aooount
onty fot those reab actualty reaived.
21. Futne~e Adra~ces. Upon requat by Bormwer, t.ender, at LendePa option within twenry years fc+om tha date of this
Mortgage. may make_FLture Advanca to Borrower. Such Future Advanoes. with interat theceon. shatl be secured by this
Mortgaga when evidee~od by pwmissory nota stating that uid nota are securod hercby. At no time shall the principat
amouot of the indabtedneu aecurod bp tlus Mortaage, not iacluding sums adva~rd in accordanc~.herewith to protect tt~e _
:ecurity of this Mort~e. exoeed tha ori~inal amouat of th~ Note plus USS. . . . -0- . . . . . . -
Zt Adwa Upoa p~yment of all smas sxured by th~ Mortgsge. I.eader shall nlesse this~Mortgage witho~t char~e
to Borrower. Horr~ret sbsll paiy all oosb of recordatioa. it any. -
23. Attor~p'I~ Fea. As uxd in this Mortgaga and in the Note. "attorney's fea" shall include attornep's fea. if aay.
which may be iwuded by ao appellate oou~t. " ~
IN WITNESS WHEREOF, BOi[~OWC[ b85 CXCCIltCd tt1i5 MOitgdgE. '
$l~fOd. Sl~Od Afld ~IYC!'Cd . . _
in tbe Draence of:
~ .
~ I.L ~B. ~PIK~~IIRE
~ .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . : . . . . . . .~~~~4~L1. . /1. . . ~ . . . . . (Seal)
- I'~i A. P~Q~ -ao~w.
C~4L i l~oici+ i A'"" ~ - -
S'iATE OF ~M
. . . . . . . . . . . . . . . . . . . . . . . . . . . . A:~l~ rr.~.'-: .Caunty ss:
I he~by cxrtify that on thit day. before me. an o6cer dur,~,~~~r~ in~ st~ate afo and in the oonnty
~ ~o~~
e ac~
wlodgements, personally appearod. . . .
.~~.u.
. L! : n : Ptl(~!~IIRE s~JUDI1~i A.. . . . . . . .
~RE, his.wlfe , to me knovm to be the petson(s) described in and who execnted the
foregoiag inswment and acknowlod~ed before me that, .~X executod the same for the purpose therein
expraued. ~ ~ - ~ ~ " .
WrrrrESS-tn tiaad and o&cial seal in the oounty and state aforesaid this . . . . . . . . . . . . . .o~ . .day ~
. . . . . ..~~r~ . . . . .,19 76..
My Commission e~cpic+es: • •
E t~ . . . . . . . . . . . . . . . . ~ Publie. . . . . . . . . . . . . . . . . . .
~ OFFICIAL~ SEAL
AMTHONY C. PETITTE + -
~ " MOi1~RY PUBLIC. CAUfO&NtA ~
~ PRINCIPAL OFFICE IN
- L ORANGE COUNTY
MY Commission Expires Mar. 25. l977 ~i
~ _ 1,
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3 .
(SO~w BNow This Lin~ R~s«v~d For L~ndM snd RKOMM
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