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OR Bk 25500 PG 2327
<br /> LAST PAGE
<br /> JOINDER BY MORTGAGEE
<br /> The undersigned, REGIONS BANK, N.A., an Alabama banking corporation, as successor by merger to
<br /> Union Planters Bank, N.A. ("Mortgagee"), owner and holder of that certain: (i) Florida Real Estate
<br /> Mortgage, Assignment of Leases and Rents and Security Agreement, in the original principal amount of
<br /> $13,040,000.00 executed by SUNNY ISLES DEVELOPMENT COMPANY, LLC, a Florida limited
<br /> liability company, in favor of UNION PLANTERS BANK,N.A.,dated May 29, 2003 and recorded July
<br /> 2, 2003 in O.R.Book 21389,at Page 3702, as modified by Future Advance and Modification Agreement
<br /> which provides for a future advance in the amount of$1,960,000.00 increasing the aggregate principal
<br /> amount to $15,000,000.00, dated December 7, 2005 and recorded December 20, 2005, in 0. R. Book
<br /> 24071,Page 3496; and(ii) UCC-1 Financing Statement in favor of Union Planters Bank recorded July 2,
<br /> 2003 in O.R.Book 21389,Page 3724(collectively the"Mortgage")of the Public Records of Miami-Dade
<br /> County,Florida,encumbering all of the Property described in Exhibit"A"of the foregoing Declaration of
<br /> Restrictions and Grant of Easements (the "Declaration"), does hereby execute this joinder for the sole
<br /> purpose of consenting to the recording of the Declaration and subordinating the lien of the Mortgage to
<br /> the provisions of the Declaration. By its execution hereof,Mortgagee does not make any representations
<br /> or warranties with respect to any matters set forth in or pertaining to the Declaration or undertake any of
<br /> the obligations or liabilities contained therein.
<br /> IN WITNESS WHEREOF,these presents have been executed this 2 3i)day of/4J3✓s ,2006.
<br /> Signed,sealed and delivered
<br /> in the presence of: REGIONS BANK,N.A.,an Alabama banking
<br /> corporation,as successor by merger to Union
<br /> Planters Bank,N.A.
<br /> •
<br /> Name SUMP(ZQb otAA " BY: p w�
<br /> n p Name: AM-
<br /> 111 IlS>1 ' Its: ins,:
<br /> Name\QJtS& 0-Qrr1 116 [Corporate Seal]
<br /> State of
<br /> County of ft� 0://1-1-
<br /> The foregoing joinder was acknowledge before me this 3 -day of *, 44. S 7 , 2006 by
<br /> DC L , as `/4E (' L j of REGIONS BANK, N.A., an
<br /> Alabama banking corporation, as successor by merger to Union Planters Bank, N.A n behalf of the
<br /> corporation. He/she is personally known to me or has produced �S'Y■as
<br /> identification.
<br /> My Commission Expires:
<br /> J.
<br /> rpy
<br /> itary ' ANGELA OURRANT
<br /> 0 Conr DOOT2i970
<br /> E:pbaN s 1,112007
<br /> l landed Wm,(11100)432-42K
<br /> 0. Florida Nebo Aaan.Inc
<br /> Book25500/Page2327 CFN#20070334642 Page 24 of 24
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