NOTICE OF FUTURE ADVANCE AND FIFTH AMENDED AND RESTATED MORTGAGE, SECURITY AGREEMENT AND FIXTURE FILING Dated as of March 12, 2009 From SADDLEBROOK RESORTS, INC., a Florida corporation 5700 Saddlebrook Way Wesley Chapel, Florida 33543 to SUNTRUST...Mortgage, Security Agreement and Fixture Filing • March 31st, 2009 • Saddlebrook Resorts Inc • Real estate • Florida
This document amends and restates that certain Mortgage and Security Agreement dated November 15, 1988, between Borrower, as Mortgagor, and BarclaysAmerican/Business Credit, Inc., as Mortgagee, recorded on November 15, 1988, in Official Records Book 1758, at Page 399; as assigned to NationsBank, N.A. by Assignment of Mortgage recorded July 19, 1993, in Official Records Book 3174, at Page 1270; as modified by (i) First Modification recorded July 31, 1989, in Official Records Book 1828, at Page 21, (ii) Second Modification recorded July 19, 1993, in Official Records Book 3174, at Page 1296; (iii) Notice of Future Advance and Third Modification Agreement recorded August 19, 1994, in Official Records Book 3330, at Page 1231; (iv) Notice of Future Advance, Renewal, Consolidation and Fourth Mortgage Modification Agreement recorded June 27, 1995, in Official Records Book 3442, at Page 1076; (v) Fifth Mortgage Modification and Extension Agreement recorded September 14, 1995, in Official Record
THIRD AMENDMENT TO LOAN AGREEMENTLoan Agreement • March 31st, 2009 • Saddlebrook Resorts Inc • Real estate
THIS THIRD AMENDMENT TO LOAN AGREEMENT (the “Amendment”) is made and entered into this March 12, 2009, by and between SADDLEBROOK RESORTS, INC., whose address is 5700 Saddlebrook Way, Wesley Chapel, Florida 33543 (the “Borrower”) and SUNTRUST BANK, a Georgia banking corporation, having offices at 401 East Jackson Street, Commercial Banking – 10th Floor, Tampa, Florida 33602 (“Lender”).
