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pria to entry ot a ~udgment enlo-cing this Mortgage it ~aa Barower pays lender all sums which would be Ihen due unde~
thts Mortgage, the Note and notes securing Future Advances, it any, had ~o acceleration occurred; (bl Borrowe~ cures
a11 breaches of any othe~ covenants or agreements ot Sarower contained in t~is MoNgage; (c) Bor~ower pays ail reasooable
expenses incuned by Lender in enforcing the covenants and agreements of Borrower contained in this Mortgage and in
entorcing Lentlers remedies as provided in paragraph 18 hereot, inctuding, but not limited to, reasonable attorneys fees:
and (cn Barower takes such action as Lender may reasonably require to assure that the lien of this Mortgage, Lenders ~n-
ferest in the Prope-ty and Bo~rower's obligation to pay the sums secured by this Mortgage shall continue unimpaired. Upon
sucl~ paymenl and cu~e by Borrower, th~s MoAgage and the obligations secured he~eby shall remain i~ lull lorce and effect
~s if no acceleration had ocGurred. ~
ZO. Assl~nmeM of R~~ts: Appolntm~nt of R~celv~r. As additiona~ secunry ~ereunde~. Borrower hereby ass~gns
to ~ender the reMs of the Woperty, provided that Borrower shall, prior to acceleralion under paragraph 18 hereol o~ abandon-
ment of the Property, have the nghl to collect and retam such rents as they become due and payable.
Upon accele~ation u~er parag~aph 18 he~eoi or abandonment o( the Property, Lender shall be entitled to have a
receiver appointed by a court to enter upon. take possess~on of and manage the Property and to collect the rents ot the
Property, includ~ng those past due. All rents coltected by the rece~ver shall be applied t~rst to payment ol the costs ot
management o1 the Property and cotlection o1 rents, includ~ng, but not I~mited to, recei'vers tees, prem~ums on rece~ve~s
bonds and reasonable attorneys fees, and then to the sums secured by th~s Mortgage. The receiver $hall be I~able to accoun(
only for those rents actually received
Z1. Future Advancss. Upon request by Borrower. Lender, at Lende~s opt~on w~th~n twenty years trom the date ot this
Mortgage, may make Futu~e Advances to Borrowe-. Such Future Advances, w~th ~nterest thereon, shall be secured by this
Mortgage when ev~denced by promissory notes stating that said ~otes are secured hereby. At no time shall the pnnc~pal
amount of the ~ndebtedness secured by th~s Mortgage. not ~ncluding sums advanced ~n accordance herew~th to proteCt the
security ot this Mortgage, exceed the ong~nal amount ot !he Note plus USS 98 . 400 . 00
22. Rsleass. Upon payment ot all sums secured by th~s Mortgage. l.ender sha11 release this Mortgage w~thout charge
to 8orrowec Borrower shall pay all costs o( ~ecordaUon, ~I any
23. AKomsy's Fses. As used ~n this Mortgage and ~n the Note. "atto~ney~s tees" shall ~nclude attorneys tees, if any.
which may be awarded by an appeilate court.
IN WITNESS WHEREOF, Borrower has executed th~s M~rtgage
S~gned, sealed and delivered
in the presence ot:
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, OHN A. THOMAS
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~ ;~ ;! . B~ATRICE H. THOMAS
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STATE OF~k(~gJt CALIFORNIA /'rA~%n/~ L~~ • County ss
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1 hereby ce-t~ty that on this day. before me. an otl~cer duly author~zed m the state aforesa~d and ~n the county
aEoresaid to take acknow~edgements. personai~y appea-ed
BEATRICE H. THOMAS
to me known to be the person~s- descnbed :n and who executed the
faregomg ~nstrument and acknow~edged before me that Borrower executed the same for the purpose there~n
expressed ~
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WITNESS my hand and off~c~a1 seal ~n the county and state atoresa+d th~~ r`-' day of
J~.~ v . ~ 9 81
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~~~M~~Commission exp~res. ~~ ~ ~~` y
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'!Y C~;:`._'OSSWY EXf'iRfS 0(:i. 4. 1:84
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(Space Below Th~s L~ne Reserved for _ender and Recorder!
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942
RENECOTIABLE RATE FFMC (6/80)