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Home My WebLink About0880 ~=ATE ;~--f~~_L~i~i~~;.'• ~ ~ ~ i`~J:UMENIAR~;.=- ST:.fV<<• ~ ~ alE1!r R~IIIT~OYRt , i~~~~ .:i ~•:tvEr.:?~ ,a~ ' ' t'r'PAI/Ij0 _ ~~.,~r~t~=~;;`~;~ 0 9. 4 5 1 ~u,v T 12 sl PM' 7. _ • _ ~ i ~ ~ _ ~~~95 ehaU have the option to n~caive and apply t1~e ~ame on acoount of ths iadebtedness secnred hereby ot to permit aaid Mortgago? to receive •nd use it or any part thereot [or other purpo~es vithout thereby ~raiv[ug or imp~iring aay equity, lien or right under or by virtue of this mortgage; and in the event said Mortgagor ahaU tor any re~wa tait W keep the +aid premi~es ao inaured, or fail to deUver promptly any of said pdicias of insunnos W aid Nortgagee, or tail promptly to pay fully any premium theretor. or in sny reapect fail to pertorm, disetiargs, e:cute, effect, complete, comply with and abide by this covewat, or any part hereot, sdd Mort~gee m~y place and psy for auch insurance or any part thereof ~rithait w~iving or affecting eny optioa, lien, equity or right under or by virtue of thi~ moKgage, and the fnp amount ot each and every such peyment ~heD be immediately due and p~yable snd ahaU bear intereat trom the date thereot uatil paid at the rate ot ten per centum per aanum and together w~ith such intereet eheU be secured by the iien of thie mortgege. 4. To permit, commit or auffer no waste, impairment or deterioratioa of said property or aay p~rR tl~ereot. o_ Ta F,ay ~i arKi bu~g.i~ir the eu~,~?. cnar~ee r.nd eg~enses. i~ciu~;ng rea~onaoie iawyer'a ieee ~n3 coat o# abstracte of title, incurred or paid at any time by aaid Mortgagee becaux andlor in the event of the tailure on the part oE the aaid Mortgagor to duly. promptty and tully perfotm, di~charge. e:ecute. eHect. oomplete, oomply with a~ abide by each and every the atipulations, agreements, oonditions and oovenants of eaid promissory uote, and this mortgage. any or either. and said coata. charges and ezpenses, each and every. ehall be imtnediately due and payabk, whether or ~ot th~e be notice, demand, attempt w coUect or suit pending; and the ful! amount ot e~ch and every such payment ahaU be~r iatereat from the date thereof unW paid et the rata ot t~en per centum p~ aanum: and aU said co~ta, chargea and e:pensee so incurred or paid, together with such interest, ahall be xcured by the liea of this mortgage. - 6. That lal ie the event of any breach of thie mortg~ge or deteult oa t6e pert of t6e Mortgagor, or 1b1 in the ~ ' • e~ent any of said sums of money herein referred to be not prompdy and fully paid within t~ days ne:t after the same eeverdly become due and psyable, w~ethout demand or notiea, or Ic1 in the eve~t each a~d every tl~e stipulations, agreements. conditions and covenants ot asid promiasory aote and tlu~ mortgage. any or eithe~. are aot duly. pmmptly and fiilly performed. dixharged, ezecuted. effected. completed, complied with aad ~bided by. the~. in eit6er or any such event, the said aggregate aum meutioned in ~aid promiasory aote then re~naining unpaid, wit6 int~reet eccrued, and aU moneys secured hereby, shall become due and payabk farth~ith, or thereaher, at tbe option of aaid Mortgagee, a~ fully snd rnmpletety ae if all of t6e said sums of nomey ~vern originally etipulated to be paid on such day. anything ia said promiaeory noce. and or in ch;s morcgag~e co che ooncnry nocwichscend;ng, and thereupon or thereaft~ at the option of ~aid Mortgagee, without notioe or damand. auit at law or in equity, thereRotore, or thereafter begun, may be prosecuted aa if all moneys ~ecured hefeby had matured prior to its institution. 7. T6at iw the event that at t1~e beginning of or et any time pending any auit upon thi~ mortgag~e, or to forecbee it, or to reform it, andlor to eaforce pnyment of any claime hereunde:, ~eid Mortgages ahsll apply to the oourt having jurisdict'aa t6ereot for the appointment of a Receiver, auch oourt ahall forthwith appoint e Reoeiver of aaid mortgaged property all and aing~lar, including aU and eingular the rente income profits, issues and revenuaa from whstever eource derived, eac6 and every of which, it being e:presaly wderatood is hereby mortgaged as if ' spec~ifically set forth and descn'bed in the graating and habendum clat~+ea hereof. and such Reeeiver shdl have ell the broad and eftective funct'wns and powera in anywise entrnated by a oourt to a Receiver, and auch appointmeat ahalt be made by auch rnurt ae an admitted equity and • matter of sbeotutc right to eaid Mortgagee, and witbout ~ refereoce to the adequacy or inadequscy of the value of the property mortgaged or to the solveney or ineolvetx.y ~ of said Mortgagor and/or ot the defendants, and that ~uc6 renta, profita, income, issues and revenuee ahall be applied i by auch Receiver acoording to the lein and/or equity of said Matgegee aed the practiee of suc6 ooart. ~ 8. It is underotood and agreed t6at this mortgage is given to secure, in addition to t6e note or obtigation ~ above deecribed any additional loana or future advances made within twenty yeera from date hereof by tbe mortgagee to said mort8a8ore or any succesaor ia title of said mortgagora of the property hereby conveyed: provided that tl~e ~ tota! unprid n of the • one t' zceed the muimum principe! ~,oc or 3ix `~housan~~'wo`~`~uni~"re"~`'Ei~~~'"T~3' '~'~6'~:bbj nou.~ ~ 1: 1, plua intereat thereon and any di~bursea~enta made by the mortgagee for the p~yment of tuea, levies or ina~uanoe ~ on the property encumbered 6ereby, with interest on such disburaementa. IN WITNESS WHEREOF, the said Mortgagor has e:ecuted thes mortgage nnder seal on tne day and year herein ~ first above written. " ~ Signed sealed and delivered in the prexnte of: ~ ~ / / . tu _ • '.Oa.~- t f L,1-c ~ ~3EAL) ~ 1~ . dT1C 11 IgEAI.) . ~ ' STATE OF FLORIDA r ~y ~ ~UN~ 0}~ in~ l • _ -L~ k ~ Before me personally appeared ~~dl d E. Ramsey and Nancy Ann Ramsey, hi s wi fe of ~ 1420 Stevens Avenue, Orlando, F1. 32806 ~ $ w me well Icnowa an~ ~onoMn ta: to be the individualS deecribed in and w6o ezecuted the forogoing mstrument, ~ aod acknow ~ IedBed ~o~ m~ e:ecuted the same for the purpoeea therein ezpreexd_ ~ WITNES~~i-' b~-:`~nQ~~ ~~e3d eeal thie ~a? da of ~ Y 19 ~ ~ . ~ y : _ ~ / ~ ~ . ~ _ ` r' " ~ , ~ ' ; . Notary Pnblic in and for ~ .P the Cainty and State Aforeeaid. M ~ ' ~`~=~-F~~~ : i~.t I' • U~ ~f ] n MY qll1~J1~~P9EQ~E QF FI~RlCA AT LARG~ y kw..~ ' $fl~~i?(~~ ~ r~~, N~ •;'i~':..'CY CX'~h=: '.ia•, iS't~ v [~`~~..v :r-'.. . . . , , , ~ - _ r:- . , ~ - . . ~ . ~ . _ ,