Exhibit 10.8 PROMISSORY NOTE --------------- U.S. $14,850,000.00 As of December 29, 2005Promissory Note • January 12th, 2006 • American Leisure Holdings, Inc. • Transportation services
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RECITALS --------Guaranty Agreement • January 12th, 2006 • American Leisure Holdings, Inc. • Transportation services • Florida
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AGREEMENT ---------Pledge and Security Agreement • January 12th, 2006 • American Leisure Holdings, Inc. • Transportation services • Florida
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TIERRA DEL SOL RESORT (PHASE 2), LTD., A FLORIDA LIMITED PARTNERSHIP TDS TOWN HOMES (PHASE 2), LLC, A FLORIDA LIMITED LIABILITY COMPANY COSTA BLANCA II REAL ESTATE, LLC, A FLORIDA LIMITED LIABILITY COMPANY COSTA BLANCA III REAL ESTATE, LLC, A FLORIDA...Loan Agreement • January 12th, 2006 • American Leisure Holdings, Inc. • Transportation services • Florida
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Exhibit 10.12 ADDENDUM TO CONSTRUCTION LOAN AGREEMENT CONDOMINIUM AND TOWNHOUSE PROJECT DEVELOPMENT CONSTRUCTION OF NEW PROJECTConstruction Loan Agreement • January 12th, 2006 • American Leisure Holdings, Inc. • Transportation services
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A. On or about the date hereof, TIERRA DEL SOL RESORT (PHASE 1), LTD., a Florida limited partnership, TDS TOWN HOMES (PHASE 1), LLC, a Florida limited liability company, COSTA BLANCA I REAL ESTATE, LLC, a Florida limited liability company, TDS...Payment Guaranty • January 12th, 2006 • American Leisure Holdings, Inc. • Transportation services • Florida
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b) Borrower's obligation to keep the Loan In Balance (as more particularly defined and described in Article 11 of the Loan Agreement) and ---------- the full and prompt payment of all Deficiency Deposits;Performance and Completion Guaranty • January 12th, 2006 • American Leisure Holdings, Inc. • Transportation services • Florida
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Exhibit 10.15 AMENDED DEBT GUARANTOR AGREEMENT This Amended Debt Guarantor Agreement (this "Agreement"), made this 9th day of January, 2006 and effective as of June 14, 2002, with respect to the fee earned for lending personally owned collateral to...Debt Guarantor Agreement • January 12th, 2006 • American Leisure Holdings, Inc. • Transportation services • Florida
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