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agreeme~t shall be interepreted in such manner as to be
effective and valid under applicable law, but if any pro-
vi~ion of this agreement shall be prohibited by or invalid
under applicable law, such provision shall be ineffective to
the extent of such prohibition or invalidity only, without
invalidating the remainder of such provision or of the
remaining provisions of this agreement.
13. Notwithstanding any other provisions hereof,
Debtor, by the execution and delivery hereof, and Secured
Party, by the acceptance hereof, recognize and agree that
certain items or portions of the Collateral may be now or
hereafter so attached to the buildings and improvements as
to become fixtures or a part of the realty and as such,
encumbered as a part of the realty by the abotie identified
mortgage, and nothing herein shall be considered as an
agreement or to imply that any such item of the Collateral
which is or may hereafter be attached to and a part of the
realty is personal property as distinguished from real
estate, and nothing herein shall be construed to limit or
diminish the lien effected by the above identified mortgage
upon the realty, including any of said Collateral which is
or may become a part of the realty.
14. In the event of any assignment hereof by Secured
Party, Debtor covenants and agrees that Debtor w~ll not
assert against any assignee hereof any claim or defense
which Debtor may have against Secured Party, except Debtor
may assert against any such assignee any 3efense of a type
which may be asserted against a holder in due course of a
negotiable instrument under the Uniform Commercial Code of
the State of Florida.
IN WITNESS WHEREOF, Debtor has caused this instrument
to be executed this ~:-~t- day of r~ ~`.__. , 1981.
Signed, sealed and delivered
in the presence of:
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STRTE OF FLORIDA
COUNTY OF PINELLAS
ORANGEWOOD VILLAGE, LTD.
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The foregoing ins r ment as acknowledged before me -,,.,.
this 'Z~, day of ~~~4p~ , 1981, by .
,L- ,~' ~ ~iG' .
,~~.~-~-
Notary Public, State of Florida
My CommissioA expires:
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