HomeMy WebLinkAbout1296prior to entry of a jud~ment enlorci~g this Mongs~e if: Ia) Borrowe~ pays Lendcr all sums which would be then due uoder
this Mon~ase. tbe Note and nota securing Future Advances. if any. had no aocelention occurred; (b) Borrower cura
all breaches of any other oovrnu-u or a~reements of Borrower co~tai~ed in this Mortgage; (c) Bormwe~ pa~n ali rcuonable
expeases iacurrod by I.ende~ in entorcing the covenants and a~aments of Bonowet contained in this Mortgage and in
enforcia~ l.snikr's remodies u provided in pangnph 18 hereof, including, but not limited to, reasonable attorney'a fea; and
(d) Sorrower qkes such action u I.ende~ may reasonabty requirc to asaure that the lien of this Mort~age. l.ende~'s inte~at
in ehe Property and Bun+oNrer's obligation to pay the sums secuoed by this Monga~e shall co~tinue uaim{~ired. Upon :uch
paymeet and cuce by Bo~tnwer~ this Mon~age and the obligat+ons securod hereby shall rcmsin in full force and eficet u if
no accekratan bad occurred.
20• Aad~weN ot Re~ A~pot~t~t ot Recelrsr. As additional security hereunder, Borrower hercby usigr~s to
Lender tbe re~u of the Proptny. provided that Bornower shall, priot to acceleratan under paragraph 18 ~ereof or abandoa-
ment of the Pcuperty. have the right to co~kce and retai~ such rents ss they becoms due and payabk.
Upon accekration uader puagraph 18 heroot or abandonment of the Property. Lender sha11 be entitlaf to have a
roceiver appointed by a eourt ta enter upon, take posseuion of and manage the Property and to collect the rents at the
Properry. including those past due. Ail rcnu collectod by the receive~ shall be appliod f~nt to payment of the coats of
managetnent of the Prnperty and collection of rents, including; but not limited to. rectiver's fets, premiums on receiver's
bonds and reason~k attorney's fas, and tl~en to the sums socurod by this Mortgage. 'il~e receiver shall be liable to account
only for those reats ~ctually reoeived.
2t• F~t~e Ad~a~cts. Upon request by Borrower. Le~der, at Lender's optioe within twenty years from the date of this
Mortgage. may make Future Advances to Borrower. Such Future Advances. with interest thereon, shall be securcd by this
Mortgage whep evidenced by promissory nota stating that said nota are sccured hereby. At no time shall the principal
amount of the indebtedaess secured by this Mortgage. ~ot including sums advanced in aocordance herew~ith to Protect the
security of this Mortgag~e. exeoed the original amount of the Note plus USS- • . . . . . . . . . . . . . . . . . . . . . . . . . ..
Z2. Rdea~e. Upoo paymeat of all sums xcurod by this Mortgage, Lender shall release this Mortgage without chuge
to Borrawe~. Borrower shall p~y aU coats of recordatan. if any.
23. Attorsey's Fees. As used in this Mortgage and in the Note. "attomey's foa" shall include attorney's fees, if any.
which may be awardod by an appellate court. ~
IN WITNESS WHEREOF, Bo~rower has executed this Mortgage.
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~ Sylvi C. Blythe ~ ...~~
CALI RNIA
STATE O~ . . . . . . . . . . . . . . . . .`~. . . ORANGE. . . . . . . . . . .County ss:
I hereby certify tbat on this day. before me, an off'icxr dul authorized in the state afonsaid and in tbe county
aforesaid to take acknowledge ments, personally appeared.. ~~ B. BLYTHE. and...... .. . .
....... . . ... e
SYLVIA C: BLYTHE ,_,,,.,,, to me knovtv~ to be the person(s) described in and aho executed thc
foregoing instrument and acknowledged before me that... . y... .... .executed the same for the purpcue therein
eapressed. ~
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WtrrtESS my band and offcial seal in the couniy and state afortsaid this . . . . . . . . . .. .. . . .. ... : .. .day of
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