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122280 COLLATERAL ASSIGNMENT OF
AGREEMENTS AFFECTING REAL ESTATE
THIS ASSIGNMENT, made this .~~day of?~£~Fm,EI c~.~ _, 1 91rP4,
by WESTON-FLORIDA DEVELOPMENT CORPORATION, a F'lorida corporation
(hereinafter referred to as "Borrower") to THE TORONTO-DOMINION
BANK, a bank chartered under the t3ank Act of Canada ("Bank").
BACKGROUND OF ASSIGNMENT
eank has aqreed to advance up to U.S. 54,200,000.00 to Bor-
rower (the "Loan") pursuant to that certain Loan Aqreement of even
date herewith between Borr~wer and Bank ("Loan Agreement"). The
. .
Loan is evidenced by a promissory note of Borrower and other col-
lateral documents described in the Loan Agreement, all of even
date herewith, inciuding a mortqaqe (the "Mortgaqe") from Borrower
to ea~k encumbering certain real property ("Property") situate and
being in St. Lucie County, Florida, and more fully described on
Exhibit "A" attached hereto and made a part hereof. The Loan
Agreement, Note, Mortgage and other collateral documents described
in or accompanying the Loan Agreement are hereinafter sometimes
collectively referred to as the "Loan Documents". Unless
otherwise specified herein, terms are used herein with the same
~neanings as defined in the Loan Agreement.
Prepared By and Returned To:
Richard D. Holt, Esq.
Gunster, Yoakley, Criser &
Stewart, P. A.
First National Bank Building
Palm Beach, Florida 33480
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