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any other of the promises and covenants of the Lessee herein. The
foreclosure of an institutional first mortgagee's lien shall not
operate as an extinguishment of this lease in whole or in part or ~
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as a termination of the LesSOr's lien, as aforesaid, as against the ~
entire property or the parcel so foreclosed. Upon an institutional
first mortgagee conveying its title to the duplex unit so acquired
by it, (or three months after so acquiring title, whichever occurs
first), the foregoing abatement of rent and sharing of expenses
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shall immediately cease and terminate. f
12. LESSOR'S RIGAT TO ASSIGN AND ENCUMBER. The Lessor
shall have the right to assign and encumber its interest under this
lease and to the Recreation Center as herein provided.
12.1 Existing Mortgages. The Recreation Center and -
other lands are subject to existing mortgages to Walter E. Heller
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Company of F2orida, Inc.; Windmill Village of America, Inc., which ;
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' mortgages have been recorded in the Public Records of St. Lucie ~
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~ County, Florida. ~
; 12.2 Further mort ag ges. The Lessor sha1Z have the ~
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~ right at aIl times to further and additionally mortgage and
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; encumber its interests under this lease and in and to the Recrea-
i -^~ti~rCenter-atid-t~e-~essa ~e=s-~ntar-est--~~ancLto the ame shall at
all times be subordinate and inferior to those of such additiona2
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~ and further mortgages, provided the Lessee shall at all times have
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the right to use, occupy and enjoy the demised premises in accord-
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ance with the provisions_of this lease so long as it shall perform
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