Loading...
Notice Limiting Future AdvancesThis Document Prepared By: Charles H. Rattler, Fsq. Charles Rataa, P.A. 214 BtaaGan Avenue, SuiRe 200 Palm Beach, PL 33480 After Recording Refum to Brien P. Tager„ P.A. Tew Cardenas, LLP 1441 Brickell Avenue Four Seasons Tower - 15th Floor Mami, FL 33]31 CFN 2~Ot39F2021r231Q1 OR Ek 26SI3 Pss 4832 - 4334e f3oasf kECDRDED 04/02/2004 13:42=24 HARV"c'r RL'VIHr CLERK CF COURT 'IIACII-DADE COUNTYr F! llRIDA NOTICE LIMITING FUTL-RE ADVANCES State of Florida ) County of iVIiami-Dade ) This NOTICE LINITI'II1G FUTURE ADVANCES is made as of March 31, 2009 by PURDY PARTl\'ERS, LLC, a Florida limited liability company ("Borrower") whose address is 230 Fifth Street; Miami Beach, FL 33139, the MortgagorBorrower purstraut to that certain Mortgage and Security Agreement (the "Mortgage") made by Boaower in favor of CITY NATIONAL BANK OF FLORIDA, a national banking corporation, whose address is 25 West Flagler Street; Miami, Florida 33130 ("bender"), and recorded Apri] 19, 2007 in the Official Public Records of Miami-Dade County, Florida is Official Records Book 25550 at Page 743, securing a Promissory Note made by Borrower to Lender in the original principal amount of $2,475,000.00 and encumbering the real property located in Miami Beach, Miami-Dade County Florida legally described on the attached Ezhibit "A". This document is for the purpose of notifying pursuant to Florida Statute 697.04(b) that ao further advances are to be made under the above referenced Mortgage, except for protective advances for taxes, insurance, unpaid interest, and the like to the extent permitted by the Mortgage (collectively "Protected Advances'. The maximum principal amount which maybe secured by said mortgage is limited to the amount actually advanced at this time plus any such Protective Advances. A copy of this Notice has been sent by FedEx to the Lender (SIGNATURE PAGE FOLLOWS] PNp CCJFIT ~~t c.aac yp0 ~+. w O ~'t,~, w aoo wa raur OF ~Spf COUT'~~ l'~` SIGNATURE PAGE TO Signed, sealed and delivered in the presence of: PURDY PARTNERS, LLC, lorida limited liability eom Sign Name: ~ witness By' TL`bQ C'T? j `~ iability company, Print Name: ~./ Grl~cl l~1' By. Scott Robins, Manag Sign Name: Witness Print Name: ~ A r' STATE OF FLORIDA ) COUNTY OF ML~MI-DADS ) FAY r ?.LC, a Florida as Manager ing Member The foregoing instrument was acknowledged before me this Ist day of April, 2009, by SCOTT ROBINS as Managing Member of PURDY PARTNERS SRC, LLC> a Florida limited liability company, th URDY PARTNERS, LLC, a Florida limited liability company. He is rso y known to me has produced ~ identification. Name: (~"~cl/ ~f .r-/- /`s""ii'~~ I~'otary Public, State of Florida My commission expires: Dy{gg1PS H. R0.THFR My pDMIdI5S10H5DD 11~B'1 .: EX7IRES'. Seyet:ioe~17, 20f1 &+Oed m~u yy~7 Ftl i{unexvnMa OR ~4: 26F~13 PG 4-£'34 L.AS'T PAGE EXBIBTT "A" LEGAL DESCRIP'1TON Parcel I Legal description: The East 75.63 feet of Lot 5, Block 14, Subdivision Island View, accordeng to the Piat thereof as recorded in Plat Book 6, Page 1I5, of the Public Records ofMiami-Dade Connty, Florida. Parcel IT Legal description: Lot 6, Block i4, Subdivision Island View, according to the Plat thereof as recorded in Plat Book 6, Page 115, of the Public Records of Miami-Dade County, Florida. Parcel III Legal description: The West 74.47 feet of Lot 5, Block 14, Subdivision Island View, accordmg to the PIat thereof as recorded in Plat Book 6, Page 11'5, of the Public Records of Miami-Dade County, Florida,