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(d) Nothing herein shall limit the rights
otherwise available to Mortgagee, at law or in equity, in-
cluding the right to intervene as a party to any condemna-
tion proceeding.
1?. Construction. Mortgagor agrees to complete ,
the construction o t e uildings and improvements to be erec-
ted on the Premises in accordance with the plans and
specifications therefor submitted to and approved by Mort-
gagee, and in accordance with alI the terms and conditions of
the Construction Loan Agreement of even date herewith.
18. Leases.
(a) Mortgagor hereby represents that there
are no Leases or agreements to lease all or. any pare u ciic
Mortgaged Property now in effect. Mortgagor agrees not to
enter into any Leases or agreements to lease all oz any part
of the Mortgaged Property without the prior written consent
of Mortgagee.
(b) Upon receipt by Mortgagor, from time to
time, of any security deposit, prepaid rent permitted to be
collected by Mortgagor, if any (other than prepaid rent for
the next succeeding calendar month), down payment or similar
payments by a tenant, licensee or other user, or a purchaser
of all or a portion of the Mortgaged Property, Mortgagor
shall deposit such sum in a separate escrow account in accor-
dance with Florida law and shall advise Mortgagee of the name
and address of the institution where the account has been
established and the name in which the account is held. Said
sums shall be held in trust by Mortgagor and disbursed only
upon the prior written approval of Mortgagee, which approval
shall not be unreasonably withheld. The prior written con-
sent of Mortgagee shall not be required when by law or agree-
meet Mortgagor is required to return any of such sums to the -
party who deposited it with Mortgagor. To the extent per-
mitted by applicable law, Mortgagor hereby assigns all of
such bank-accounts to Mortgagee as collateral security for
the indebtedness secured by this Mortgage and Mortgagor
agrees that after default hereunder by Mortgagor, the sums
in said bank account shall, at the election of Mortgagee,
be payable to Mortgagee as assignee of such bank accounts;
prowided, however, that Mortgagee shall have no liability
for any misapplication of said sums by Mortgagor. ~
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19. No Other Financing or Liens. ~
(a) Without the prior written consent of Mort-
gagee, Mortgagor shall not lease any personal property, as ~
lessee, which is now or hereafter intended to be part of the )
Mortgaged Property or is necessary far the operation of
Mortgagor's business at the Mortgaged Froperty, or create or
cause or permit to exist any lien on, or security interest in
the Mortgaged Property, including any furniture, fixtures,
appliances, equipment or other items of personal property
which are intended to be or become part of the Mortgaged. -
Property. Mortgagor shall not incur any indebtedness
for money borrowed to purchase the Mortgaged Property or any ~
part thereof or any personal property or fixtures in substi- ~
tution, renewal or replacement of any portion of the Mort-
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