HomeMy WebLinkAbout2898 . a ~ - r• a - f ~ '~1W.w
~"'wr -~+v? ws. . ~s ' - ~ ~fi"~E'L'... ~a.~. F ~ -
~ I
~ ~ ~
i ~
~
~ and deaoribed ae folloxs: to-Nit i
; .
i Lot ~ 1 and th~e 3outh 1~2 of' Lot 2, o! tha -
Re oubdivieion oP Lot of CANNII~iQ COMPANY'3
- 3UBUIVISION, as per plat thereof on file in
Plst Hook 7, at Page 25 oP the publia meoorda
, ~ of 3t. Iuaie County, Florida,
~ _ i
Ar~d it is expreeely und~eratood and agreed by the '
~ . '
' ~ parties he~eto that bePo~e c~eYault occura under the terms oP
. eaid note and mortgage Aeaignor shall have the right to collect
~ •
~ eaid rente, income $nd pro_fite f'rom the afox~enrentioned lease
and to retai.r~, use and en~oy `the eame, provided, ho~ever, that ~
e ven be fo~e de fault oacure no rent not due under trie terme of .
eaid lea~ ehall be colle cte d or accepte d~i.thout the prior
{
~ r~ritten aoneent of the ABaignee. Anything to the contrary
notxithBtanding Aeaignor hereby se~igns to Aasignee any- av~ard
mac3e he~eafter to it in any court pi*oaedure involvirig the
, Lessee in any bankrnptcy, insolvency, or reorganization pro- :
. r ~
~ ceedings in.any State or Fed~eral Court; and any and all pay- .
~ ments mads by the Le ssee in lieu of rent. Aesignor hereby~ ~
appoints Assignee as its irrevocabl~e attorney in fact to ap-
pear in any action and~or to col]rect any auch aaard or payment. ,
' The Asaignor, in .tii~ event of de Yaul~; in the ~erPor- /
~
` mance or any oP th~e terma and conditiona of eaid riote and mort- ~
gage, riereby authorizea tY~e Aaei~ee, at its option, to enter--
and take poesesaion oP the mortgaged p~emiees and to manage
, and operate eame, to Collect all •ar any rents aocruing there-
Prom and from esid Lease, to let or re-let said premises or
any part the~eof, to eancel and ~dif"y leaeee, evict tenanta,
~ .
~ bring or defend any suite in cor~x~ction Mi.tb the poeeesaio~ ot .
8aid p~emisee in ite orn name or Assignor'e name, maloe repaire
' se Asei~ee dseme app~opriate, and perform euch ather acte in
conrbection ~it~, the_ m~anagement and operatlon of eaid premieeBp
~ ~ ae the Assignee, in its discretion may aeem proper,
~
- 2 - -
~ - -
F
F ~ •
E ~ ~ ~a2_ ~E4~8 ~
~ . .
s.
€ - , • • ~ f ~ ' . ~ ~ ~ -
~ ~