SECURITY AGREEMENTSecurity Agreement • November 6th, 2008 • Elsztain Eduardo S • Land subdividers & developers (no cemeteries) • New York
Contract Type FiledNovember 6th, 2008 Company Industry JurisdictionSECURITY AGREEMENT (this “Agreement”) dated as of October 24, 2008, between INVERSIONES FINANCIERAS DEL SUR S.A., a corporation organized under the laws of Uruguay (“Pledgor”) and BALDWIN ENTERPRISES, INC., a Colorado corporation, as Lender.