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Consent to MortgageaoDq ~70~~ c 7 s - G~~a ~ CONSENT TO MORTGAGE TH;S CONSENT TO f:flORTGAGE is given ;his ~'~day of Tu ! y , 2009 by the CITY OF fv11APv11 BEACH, a municipal ccrporation of the State of Florida ;;"City"j to IAtvll-DADE COUNTY, a politics; sucdivislon o^ the State cf Florida ,"County"j On September 18, 2008. MBCDC VILLA tv1ARiA LLC. a Flerica iinfaed '.iabiiity colrpany ("Borrovrer'"}, executed a morteage i' favor of the City which eras recorded on September 23. 2008, in BooK 265?9, at Page 280-292, of the Public Records of fvl:ami-Dade County. Florida ithe "City Mortgage'1. 2. The City Mortgage enc.,mbers Borrower's interest in the follo+rnng described real property: Lots f and 2. Block .G, MlAls! ScACH lI~,PROVEPdEtv'T COIv'PAIv'Y SUBOlV!S!O,ti'. according to the pint ihercot as recorded in .Plat Book 5; al Page 7, o! the Pe;Ulrr. Records of N,iarti-Dade County. Florida (!he"Property'). 3. The City Hereby consents to the mortgage Tnat vrill be given by the Borrcvrer in favor of the County securing a note that will be giver. to the County in the original principal amount of One Million noi100 Do!,ars f.S1,000,00Q 001 which will encumber the Property the "County Mortgage'i. 4. Ncive•ithstanding the City's corsent to the County Mortgage. the City f~.4ortgage shall not be subordinated to the County Mortgage. and the City tvlortgage is and shall remain senior in dignity and priority to the Ccunty tJ~ortgage. IN NJITNESS WHEREOF. City has hereucto set its hand and corporate sea! on the date first wriaen above, City of Miami Beach ilitness Bi` Print Narne and Title ' 1 LQG[ ~ ~ ASE Z VUitness: //~~ //'' -~ ,~/J C(1y !~7 /~ It!/~ (L ~l<-- ~_.,r1 U STATE OF FLORIDA } COUNTY OF MIAMI-DADE } SUBSCRIBED AND SWORN TO thls day o` Su l u/ .2009 by -T4R~e G°'r U~e z NJh s either kn rn personally to me or whe produced a va~hd torida drivers license as identf,ca:ion. I~~ _~ NOTAR P BLIC, STATE O~FE@RIDA / Ph.M Name: ~'2YYN /~e Y Y19/1N +e~ ~O// APPROVED AS TO My commission expires ~~AY 3, FORM & LANGUAGE KEF!RY HERNANDEZ ` St FOR tXECUTION ~~ ~«'q~1AF _ 1,1+'C01,4dISSION=0D 52i3i? r:~_~S .x E:(~IRFS~1,1ay?,2011 ~ ,1`~ ~~, O~{ F,. :~?`~ b:ruxE iru'J'i~+ry FaElo Unaaix,b5•s ` 1 L... .... __ __ iry ttorn e