The Notarys Manual Based Upon the Sections of the California Codes Relating to

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The Notarys Manual Based Upon the Sections of the California Codes Relating to
Burlington Majors Carlisle
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SECTION 88. Any interest in real property (11) Civil Code, J293S-2940 (12) Civil Code, 2941 NOTARY'S MANUAL. 77 which is capable of being transferred may be mort gaged. 1S Form of Mortgage of Real Property. SECTION 89. The code form of mortgage of real property is as follows: "This mortgage, made the -- day of --, in the year --, by A B, of --, mortgagor, to C D, of --, mortgagee, witnesseth, "That the mortgagor mortgages to the mort- gagee (here describe the property), as security for the paym...ent to him of -- dollars, on (or before) the -- day of --, in the year --, with interest thereon (or as security for the pay- ment of an obligation, describing it, etc. ) When Grant of Real Property is Recorded as Mortgage. SECTION 90. When a grant of real property purports to be an absolute conveyance, but is intended to be defeasible on the performance of certain conditions, such grant is not defeated or affected as against any person other than the grantee, or his heirs or devisees, or persons hav- ing actual notice, unless an instrument of de- (13) Civil Code, 52847 (14) Civil Code, J2948 78 NOTARY'S MANUAL.

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