Florida § 714.25 Effect of enforcement by mortgagee

Florida Statutes

§ 714.25 — Effect of enforcement by mortgagee

Florida § 714.25

TitleXL

Ch. 714UNIFORM COMMERCIAL REAL ESTATE RECEIVERSHIP ACT

This text of Florida § 714.25 (Effect of enforcement by mortgagee) is published on Counsel Stack Legal Research, covering Florida primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Fla. Stat. § 714.25 (2026).

Text

A request by a mortgagee for the appointment of a receiver, the appointment of a receiver, or the application by a mortgagee of receivership property or proceeds to the secured obligation does not:

(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.

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A request by a mortgagee for the appointment of a receiver, the appointment of a receiver, or the application by a mortgagee of receivership property or proceeds to the secured obligation does not:

(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.