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"EXHIBIT A"
CROSS-COLLATERAL AND CROSS-DEFAULT AGREEMENT
This Cross-Collateral and Cross-Default Agreement is made
February 1, 1990 by and between Jeffrey F. Sciturro, herein
referred to as Mortgagor, and Barnett Bank of St. Lucze
County, herein referred to as Mortgagee.
RECITALS
A. Mortgagee has loaned to Mortgagor the sum of One Hundred
and Ten Thousand and no/100 Dollars (~110,000.00) which is
represented by a certain Note of even date herewith (the
"Note", which term includes any modification, renewal,
extension or alteration thereof), the payment of which has
been secured by the fQllowing security instruments of like
h~rewith:
;
1) Mortgage and Security Agreement;
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~ 2) Security Agreement;
{
~ 3; Pledge and Security Agreement;
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~ The foregoing instruments are herein referred to as Loan
t
' Docum~nts, which term includes any modification, ren~wal,
extension or alteration thereof and any future indebtedness
~ of Mortgagor to Mortgagee.
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E B. The parties wish to provide that the prop~rty and
~ interests encumbered by the above referenced loan documents
shall serve as security and collateral for mortgagors
j per'formarrc~ llnRar `17 uiau ivau uOC:U111~i1LS made I~Y and
between mortgagor and mortgagee.
i C. The parties wish tc provide that a de;ault under the above
F referenced note and/or loan documents shall constitute a
! default under all notes and loan documents mad~ by and
between mortgagor and mortgagee.
Therefore ln consideration of mutual undertakings set forth
in the notes and tr,e loan documents, the parties agree as
follows:
Any default under the terms and provisions af any note from
Mortgagor to Mortgagee, or of any mortgage, security
agreement, collateral assignment or other security instrumeri~
~~vsn ~a~ M~r~g~~or ~~ityagee io secure payment of any such
note, or of any ~oan agreement entered into by Mortgagor and
Mortgagee in connection therewith, which shall herein be
referred to as "Loan Document" or collectively "Loan
Documents," shall constitute a default under every such note
and Loan Docurrent. Each Loan Document shall secure, in
addition to the debt evidence by th.e note described th~rein,
BOOK ~~5 PACE2p2~
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