This Mortgage, Made this 30th day of January, in the year of our Lord One Thousand Nine Hundred Six (1906) by C. H. Allen and Eliza A. Allen, his wife, of the County of Los Angeles, State of California, Mortgageors, to W. A. Wilson, of the County and State aforesaid, Mortgagee,
WITNESSETH, That the said Mortgageors mortgage to the Mortgagee all that certain personal property situated and described as follows, to-wit;
All the furniture and furnishings of sixteen rooms, comprising the rooming house at No. 1306 Maple Ave., in the City of Los Angeles, State of California, and consisting of the carpets, rugs, mattings, bedsteads, bed-springs, mattresses, dressers or bureaus, washstands, tables, bedclothing and kitchen utensils, as per inventory thereof, hereto annexed and marked "Exhibit A," as security for the payment to said W. A. Wilson, the said Mortgagee, of Two Hundred Dollars, gold coin of the United States of America, on or before the 30th day of July, in the year Nineteen Hundred Six. with interest thereon at the rate of 13 per cent per annum, according to the terms and conditions of a certain promissory note of even date herewith, and in the words and figures following, to-wit: $200 Los Angeles, Cal., Jan. 30, 1906.
On or before six months after date, for value received, we promise to pay W. A. Wilson or order, the sum of Two Hundred Dollars, with interest at the rate of thirteen per cent, per annum from date until paid, interest payable semi-annually, and if not so paid to be compounded semiannually, and bear the same rate of interest as the principal; and should the interest be not so paid then the whole sum of principal and interest shall become immediately due and payable at the option of the holder of this note. Principal and interest payable in gold coin of the United States.
Payable at Los Angeles, California.
This note is secured by a chattel mortgage of even date herewith.
C. H. ALLEN, E. A. ALLEN.
It is also agreed that if the Mortgageors shall fail to make any payment as in the said promissory note provided, then the Mortgagee may take possession of the said property, using all necessary force so to do, and may immediately proceed to sell the same in the manner provided by law, and from the proceeds pay the whole amount in said note so specified, together with all payments made by the Mortgagee for insurance on the said property, and all costs of sale, including counsel fees not exceeding twenty per cent, upon the amount due, paying the overplus to the said Mortgageors. C. H. ALLEN (seal)
E. A. ALLEN (seal)
State of California, County of Los Angeles, ss. Signed, sealed and delivered in the presence of
C. H. Allen and E. A. Allen, the Mortgageors in the foregoing mortgage named, and W. A. Wilson, the Mortgagee in said mortgage named, being duly sworn, each for himself and herself, doth depose and say that the aforesaid mortgage is made in good faith and without any design to hinder, delay or defraud creditors.
Subscribed and sworn to this 30th day of January, 1906.
W. A. WILSON, C. H. ALLEN, E. A. ALLEN, James J. White, a Notary Public in and for said County of Los Angeles,
State of California. (Notarial Seal)