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Home My WebLink About2851 i c i ~ " 1 t ~ RIDER TO FOREGOING MORTGAGE 24. So long as there exists no default in any . obligation of Mortgagor to Mortgagee, contingent or absolute, direct or indirect, regardless of however or whenever created, and so long as Mortgagor is not ~ in default in the attached Mortgage, and the note ~ which it secures, the Mortgagee agrees, upon demand of the Mortgagor, to execute a partial release of mortgage or a quit-claim deed or any other document in recordable form as to each parcel or lot that is paid in full by the purchaser or contractee of in- dividual parcels or lots, and such release shall be prepared at the expense of Mortgaoor. 25. The real property described in "Schedule A" attached hereto contains personal property con- sisting of furniture, furnishings, fixtures and equipment, hereinafter referred to as "COLLATERAL". This Mortgage shall be construed as a security agreement under the provisions of the Uniform Com- ~ mercial Code of Florida, and the Mortgagee will be construed to be a secured party under said Uniform Commercial Code, with a security interest in all COLLATERAL, now owned or hereafter acquired by Mortgagor, and entitled to all rights and remedies of a secured party in the event of Debtor's or ~ Mortgagor's default. 26. The parties hereto have this day entered into a Financing Agreement and Conditional Assign- ment of Leases and Rents Agreement. It is under- stood and agreed that any default by Mortgagor in ` the terms and provisions of the aforesaid Agreements ~ shall constitute a default in this Mortgage. v ~ ~ 171AL ~ , ~ i ~ ~ _ ~ Q i ~ FEIBEIMAN, FRIEDMAN, HYMAN 6~ BRITTON BOOK~yJ~ PAGE2S'48 ~ 22B N. E. 2N0 AVENUE. MIAMI. FLORIDA ~ ~ r~ : ~ ~ . . . ~ I _ . . . , _ _ ~ €.s ~-r, - - ~ ~ . . " . _ _ . ~~~ax.;