HomeMy WebLinkAbout0340 request of the Assignor, the Assignee covenants to execute and deliver
to the Assignor instruments effective to evidence the termination of
this assignment and/or the reassignent to the Assignor of the rights,
powers and authority granted herein.
9.~ No Merger of Assigned Leases.
As against the Assignee, at all tines during which this Assignment
shall be in effect there shall be no merger of the Assigned Leases or
the leasehold estates created thereby with the fee estate in the Mortgaged
Premises by reason of the fact that the Assigned Leases or any interest
therein may be held by or for the account of any person, firm or corpora-
tion which map be or become the owner of said fee estate., unless the
Assignee shall consent in Writing to said merger.
10. Notice.
Any notice, demand, request or other communication given
hereunder or in connection herewith (hereinafter "Notices") shall be
deemed sufficient if in writing and sent by registered or certified
mail, postage prepaid, return receipt requested, addressed to the party-
to receive such Notice at its address first set forth above or at such
other address as such party may hereafter designate by Notice given in
~ like fashion. Notices shall be deemed given when mailed. Notwithstanding
i
f the foregoing, routine communications such as ordinary distribution
checks, copies of documer?ts, etc., may be sent by ordinary first class
I mail.
11. Miscellaneous Provisions.
11.1 Whever the context so requires, reference herein to the neuter
gender shall include the masculine and/or feminine gender, and the
singular number shall include the plural.
11.2 All of the provisions of this Colalteral Assignment of Leases
and Rents shall be denied and construed to be "conditions" and "covenants"
as though the words specifically expressing or importing covenants and
conditions were used in each separate provision.
11.3 This Assignment is being delivered and is intended to be
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performed in the State of Plorida and shall be construed and enforced in
accordance with the governed by the laws of such state.
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