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Home My WebLink About0042 / or prejudice any right which the Assignee may have by reason of any default~ present or future, under the terms of the mortgag . € 5. EVENTS OF DEFAULT. The amount due the Assignee ~ shall, at the option of the Assignee, immediately become due ~ ~ ~ and payable, anything in this agreement to the contrary notwith- ~ ~ i standing in the event of voluntary or involuntar~ petition in ~ . , ~ bankruptcy shall be filed by or against the Assignor, or against any subsequent owner of the premises covered by this rent assigrun nt, ~ t s or in the event that there is a voluntary or involuntary proceedi g for the dissolution of the Assignor or any subsequent owner of the premises covered by this rent assignment, instituted in any court having jurisdiction thereof, or in the event that any proceeding or.action has begun in any Court in which it is claimed that the Assignor or any subsequent owner of the premises covered by this rent assignment is insolvent, then ` r a temporary or permanent receiver of its assets shall be appointe ; or in the event that a petition for reorganization or arrangement under the bankruptcy act is filed by or against the Assignor~ or against any subsequent owner of the premises covered by this rent assignment; or in the event that a judgment is rendered against the Assignor or against any subsequent owner of the premises covered by this rent assignment; or a mechanics lien ; is filed against the property and the Assignor shall fail, ~ within five daps after the rendition.of such judgment or the ; filing of such mechanics lien to remove, satisfy, bond, release [ l ~ such judgment or mechanics lien; and the Assignor does hereby , . ~ waive notice of protest and respect as such at any or all such ~ ! payments. In the event of a default, Assignee agrees to re- " € ` assign any and all leases held by it to the Assignor. ~ - i 6. RIGHTS OF ASSIGNEE AND COLLATERAL. This Assignment t of Rentsand Leases is intended for use in the connection with , ` the loan secured by. the note and mortgage in this agreement i mentioned. It is understood and agreed by the parties that this assignment shall in no way prejudice the Assignee or ~ estop the Assignee e :~tiDERSON, pUNt3EY - ~ & HERSHEV, P.A. - ~ ?TTORNErf AT lM ' ~ ~ ~ !a51 EAST OCEAM KVD- I1 ~ _ ~ : S ~ST Oii1Ct ~OX lM 1 ry~ ~ , ' r~ ~_~AqT. FLp1~1pA 11tN L~V~ i 1 i ~ L . c~ . _ ~ ~.~Ir~^aY.~._J?~.._~ ar~~i ~ +r~..~~ ~.ar..~.~.~~~t. _ _ ~ , ~ A+.~ ~ ~ _Eb~ ~i5 ~ ~ . A;.i~s~rc~ ~ . ~ ,y Y " Jh. / ~ ~ =,yt;