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HomeMy WebLinkAbout1749 i existing under any such mortgage, such curing may, but shall not be deemed to have cured the corresponding default existing under the Lakeview mortgage and Bankers may pursue all its rights and remedies provided therein or pursuant to law;~provided, however, Lakeview shall have - ~ t the right to cure any such default within any cure period given it, and provided further, if at any time such mortgage is fully reinstated by the holder with all , defaults cured or waived and no other defaults then exist under the Lakeview mortgage and Bankers shall not hav.e• i acquired title to the Lakeview Property and Bankers shall have been fully reimbursed for all its cost, expense and liability occasioned by the said default and actions - d pursuant thereto or incurred as a result thereof, Bankers i agrees that it will similarly reinstate the Lakeview mortgage. (i) Lakeview will not sell or assign any interest in 'the Lakeview Property or suffer, permit or create any encumbrance on said. property whether prior or inferior to j the Lakeview mortgage except as presently exist or as may ~ herein expressly be permitted without the express prior - written consent of Bankers and any violation of this agreement shall be a default under the Lakeview mortgage. -18- - BooKcYt~ P~GE174S ' M[IIlNON, !AtlY[11, JONNlTON, OYN11OO1I ! COL[, 1100 lII~fT NATIONAL. •ANK WILOINC, MIAMI, I{.OIIIOA ~ s ' Y i -,~.-a