Florida Statutes
Chapter 714 - Uniform Commercial Real Estate Receivership Act
714.25 - Effect of Enforcement by Mortgagee.


(1) Make the mortgagee a mortgagee in possession of the real property;
(2) Make the mortgagee an agent of the owner;
(3) Constitute an election of remedies which precludes a later action to enforce the secured obligation;
(4) Make the secured obligation unenforceable;
(5) Limit any right available to the mortgagee with respect to the secured obligation; or
(6) Constitute an action under chapter 702.
History.—s. 1, ch. 2020-106.