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Florida relating to real estate mortgages and is given to secure
a debt ev~denced by a certain note of even date herewith executed
by the Mortgagor payable to the order of the Mortgagee as
hereinabove stated.
Second: SUCCESSORS AND ASSIGNS INCLUDED IN PARTIES.
Whenever in this Mortgage and Security Agreement one of the
parties hereto is named or referred to, the successors and
assigns of such parties shall be included and all covenants and
agreements contained in this Mortgage and Security Agreement by
or on behalf of the Mortgagor or by or on behalf of the Mortgagee
shall bind and inure to the benefit of their successors and
assigns, whether so expr~essed or not.
Third: HEADINGS. The headings of .the sections, •• ~~
p~ aphs and subdivisions of •this Mortgage and Security
Agreement are for the convenie~ce of reference only, are not to
be considered a-part hereof and s~all not limit or otherwise
affect any of the terms hereof.
Fourth: INVALID PROVISIONS TO AF'FECT NO OTHERS. If
fulfillment of any provision hereof or any transaction related
hereto or to the Note, at the time performance of such provisions
shall be due, shall involve transcending the limit of validity
prescribed by law, then ipso facto, the obligation to be
,
fulfilled shall be reduced to the limit of such validity; and if
any clause or provisions herein contained operates or would
prospectively operate to invalidate this Mortgage and Security
Agreement in whole or in part, then such clause or provision only
shall be held for naught, as though not herein contained, and the
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