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prior to en~ry oi a ~udgment eotorcing this Mor~gage if: la) Barr~wer pays l.enJer all sums which would be theo due under
this Mongage, the Note and nota securing Fulurc Advances, if any, had no acceleration occurred; f b) Botrower cura ,
all breacha of any othe~ covenants or agreeme~ts ut Borrower contained in this Mortgage: (c) Bormwer pays all reasonable
expe~sa i~cu~rcd by Lerider in enforcing the covenants and agreements of Borrower contained in this Mortgage and in
eotorci~g Le~der's temedics u provided io paragnph 1R hereof, including, I?ut not limittd to, reasonable attorney's [ees: and
(d) 8orrower uka such actioo as Lender may rcasooably reyuirc to assure Ihat the lien of this Mattgage. l.ender's interest
in the Propeny and Borrower i obligation to pay the sums secured by this Mongagc shall continue unimpaircd. Upon such
payment and curc by Borrawer, this Mortgage and the obligations securcd hereby shall remain in full force and efTect u it
~o accekration had oecurted.
20. AssiRweN of Reol~ AppoiMa~eat ot Recejrer. Ac additional securi~y hercunder, Borrower hereby assigns to
l~nder the rcnts of the Property, provided that Borrower shall, prior to acceleratio~ under parag~aph 18 hercof or abandon-
ment of the Property, have the ~ight to collect and retain such rents as they become due and payabk.
Upon acceleration unde~ paragraph 18 herco( ar at+andonment of the Propeny, Lende~ shall be entitled to have a
receiver appointed by a court to enter upon, take possession ot and ma~age the Propeny and to collect the rcnts of the
Prcperty, iocluding those put due. All rcnts collected by Ihe receiver shall be applied Brst to payment of the costs of
management of the Propeny and collection of rents, including, but not limited to, rcceiver's fees, Premiums on recei~er~s
Mnds and rcasonabk attorney's foes, and then to the sums secured by this Mortgage. The receiver shall be liable to account
only for those re~ts actually received.
21. FYtnre A~rs~cea. l~pon request by Borrower, t_ender, at 1_ender s optio~ within twenty years [rom the date of this
Mongage, may make Futurc Advances to Borrower. Such Future Advances, with interat thereon, shall be securcd by this
Nortgage when evidenved by promissory notes stating that said notes a~e secured hereby_ At no time shall the principal
amount of the indebtedness secured by this Martgage, nat including sums advanced in accordanct hercwith to protect ihe
security of this Mortga~e, exceed the origina! amount of the Note plas USS _p-
` 22. Relea~e. Upon payment of all sums secured by this Mortgage, Len~kr shall releau this Mortgage without chuge
to Borruvrer. Borrower shall poy ail costs of recordation, if any.
23. Attor~ey's Fees. As used in this Mortgage and in the Note. "attorney i fees" shall include attorney's fces, if any,
vvhich may be awarded by an appellate court.
IN WITNESS WHEREOF, Borrower has executed this Mortgage.
Signed, sealcd and delivered ~
in the Dresence of: - - .
_ ' / ~ '
_ ~ Y ~ ~ V""r'~
PAUL E~RITTON -~«~K
~ . - ~
~ ~,til /at (Seal)
--eo.rower
California~ ~
STATE OF ~p?, Los Angeles County ss:
I hereby certify.that on this day, bcfore mc, an ofTicer duly authoriud in the state aforesaid and in the county
aforesaid to take acknowledgements, pc rsonally appeared
PAUL EsRITTON, A SINGLE hiAN
~I , to me known to be the person(s) described in and who executed the
i foregoing instrument and acknowledgrd before me that NE caecuted the same for the purpose therein
~ expressed.
W~rrtESS my hand and officiai scal in the count}~ and state aforesaid this 10TH day of
~ NOVEME~ER' 19 77
My Commission exp~res: (
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~ d~j~GAi SEA~ ~ _
: ' `s . ,IAP,AES M. CHAFFIN ;
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• c,-' ~ r:v~~Rr pu~~•C-C~?ItiORNIA ~
: pRtt~C7P:.L U£FICE 1N
~ laS IINGEIES COUPITY ~
~ ~y CiltttrtlsSSMR FJCp1('S ~ECCIiI~l:t 17. ~97$ ~
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(Spste Below This Line Reserved Fw Lendersnd Retorder)
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