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. o� B� ;g5�� 5� 3�34 � GONVE�ANCE OR MORTGAGE BY SELLER 17.The Seller reserves the right to encumber the Premises with a mortgage. The Seller agrees to meet the obligations due under the mortgage and to provide proof of the same to the Purchaser upon the written demand of the Purchaser. SECU RITY 18.This Agreement will act as security for the performance of all of the Purchaser's obligations under this ' Agreement. TIME OF THE ESSENCE 19.Time is of the essence for the performance of all of the Purchaser's obligations under this Agreement. ENTIRE AGREEMENT 20. Any amendments or modifications of this Agreement or additional obligations assumed by either party in connection with this Agreement will only be binding if they are evidenced in writing and signed by each party or an authorized representative of each party. WAIVERS 21. A waiver of any rights by any party in connection with this Agreement will only be binding if evidenced ' in writing and signed by each party or an authorized representative ofi each party. ; SEVERABILITY ' 22. If there is a conflict between any provision of this Agreement and the applicable legislation of the State � ; of Florida (the "Act"),the Act will prevail and such provisions of this Agreement will be amended or � deleted as necessary in order to comply with the Act. Further, any provisions that are required by the � Act are incorporated into this Agreement. � � i j i 23. In the event that any of the provisions of this Agreement will be held to be invalid or unenforceable in � � whole or in part, those provisions, to the extent enforceable and all other provisions of this Agreement ! ; will nevertheless continue to be valid and enforceable as though the invalid or unenforceable parts had � ! not been included in this Agreement and the remaining provisions had been executed by both parties subsequent to the expungement of the invalid provision. i HEIRS AND ASSIGNS ' � ' i i I� 24. This Agreement will extend to and be binding upon and inure to the benefit of the respective heirs, � executors, administrators, successors, and assigns, as the case may be, of each party to this � Agreement. All covenants are to be construed as conditions of this Agreement. � ; i , i , ; 4 � ;