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~I: r9eaacw~mook Dairies, a g«~e~ral pemtie~ship, a,~a,
Frazdsoo J. Hernaidez, Melvi~n G. (~+eeley an~d
Edw~d E. Stewert ('~ebto~'~ to Vezde C~pital Ccuporatian,
a Flori~da oo~po~ratLon, ("5ecureiPartY~7
0~ O~ZATL[tAL
Tt~e aollat~ral oansists of the fa1la~~t~B PY'~tY, wheth~r now or
hereafter e~dstir~g, created, ar aoq~Y+ed, in oa~ecti~on with the follawii~:
(1) All of Debt~r's iriterest in livestodc. includi~g but not lindted
to, a twu thousand (2 ~000) head herd ~of da~iy oows presez~tly situated at
Meadcwbzoak Dairies, Glades t~t-0ff Road, Fart Pi,eroe, Flarida, as well as
the p~rogeny thereof and all future aoqud.sitior~s;
(2) All Debtar's inte~rest in t~ro tnatidred a~d fifty (250) additi,onal
head of d~ry co~ws to be purdiased with the proceeds of the lo~ fYnm Seaired
p~Y, ~~1~~ P'~'oB~Y and fv~ure aoouisitians, upon which the sea~aed Party
will hold a purd~ase mo~tiey security intezest;
(3) The m~lk base pra~uoed by the faregodr~g livestodc, described in
P~~r~'~s (1~ a~d C2~ . abw~e, as well as othe~ cocitracti~al m~keting/sale
arra~geaents for all ~lk now ~ herea~ter produced by~'the faregadrq~ livestodc,
inclucti~g but nat liadted to. all aontractual ~ig~ts with daGcies, naw eadsti~
or hereafte~r a~quired;
(4) All P'rooeeds, Pr~xts, re~Qlac~ents, ac1ditiais, substitutions,
renewals ~r-d acxessiass of any of the faregoir~g oollateral;
(5) All of Debtar's dairy cattle im~+entary bodcs a~d all other books
and reoords pezt~ni~g to the dairy herd, together wlth all ott~er finaldal
books mnd reoards respecti~g the opexatim of the dairy herd, including lists
of eamna~ks at bra~ds .
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MAt+ONEY HAOIOW 6 AOAMS, 1401 AMERIFIRST BUILOING, MIAM1, FLOQ~OA 3313~ • TEL. (30S) 359- 8550
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