ex10-4.htm


Exhibit 10.4


 



REAFFIRMATION OF SECURITY AGREEMENT







Innovative Food Holdings, Inc., a Florida corporation, Food Innovations, Inc., a Florida corporation, Gourmet Foodservice Group, Inc., a Florida corporation, Artisan Specialty Foods, Inc., a Delaware corporation, 4 The Gourmet, Inc., a Florida corporation, Haley Food Group, Inc., a Florida corporation, Gourmet Foodservice Group Warehouse, Inc., a Florida corporation, and Food New Media Group, Inc., a New York corporation (herein “Debtors”)  and Fifth Third Bank, an Ohio banking corporation (“Lender”), hereby reaffirm all of the terms and conditions of that certain security agreement dated November 26, 2013, between Debtors and Lender (“Security Agreement”), and acknowledge that the Security Agreement secures the $980,000.00 note dated effective May 29, 2015 and acknowledge that the Security Agreement is amended to add the additional place of business described on Exhibit 1.







IN WITNESS WHEREOF, the parties have executed or caused these presents to be executed effective this May 29, 2015.







Signed Sealed and Delivered in the


Presence of:








	
 


                                                                


Witness as to Debtor


 


                                                                


Witness as to Debtor

	
Innovative Food Holdings, Inc.,


a Florida corporation


	
 


By:                                                              


Justin Wiernasz, its President 


 







 


 



	
 


                                                                


Witness as to Debtor


 


                                                                


Witness as to Debtor

	
Food Innovations, Inc.,


a Florida corporation


	
 


By:                                                              


Justin Wiernasz, its President


 


 







 


Signatures continue on next succeeding page


 




  





  











  












	
 


                                                                


Witness as to Debtor


 


                                                                


Witness as to Debtor

	
Gourmet Foodservice Group, Inc.,


a Florida corporation


	
 


By:                                                              


Justin Wiernasz, its President


















	
 


                                                                


Witness as to Debtor


 


                                                                


Witness as to Debtor

	
Artisan Specialty Foods, Inc.,


a Delaware corporation


	
 


By:                                                              


Justin Wiernasz, its President


 


















	
 


                                                                


Witness as to Debtor


 


                                                                


Witness as to Debtor

	
4 The Gourmet, Inc.,


a Florida corporation


	
 


By:                                                              


Justin Wiernasz, its President


 







 


 



	
 


                                                                 


Witness as to Debtor


 


                                                                  


Witness as to Debtor

	
Haley Food Group, Inc.,


a Florida corporation


	
 


By:                                                              


Justin Wiernasz, its President


 


















	
 


                                                                


Witness as to Debtor


 


                                                                


Witness as to Debtor

	
Gourmet Foodservice Group Warehouse, Inc., a Florida corporation.


 


	
 


By:                                                              


Justin Wiernasz, its President


 


 







 


Signatures continue on next succeeding page









  





  











  






 



	
 


                                                                


Witness as to Debtor


 


                                                                


Witness as to Debtor


 

	
Food New Media Group, Inc.,


a New York corporation


 


	
 


By:                                                              


Justin Wiernasz, its President


 













	
 


 


                                                                


Witness as to Lender


 


                                                                


Witness as to Lender

	
Lender:


	
Fifth Third Bank,


an Ohio banking corporation,


	  
	  
	
By: __________________________


	
Timothy J. Reiter, Vice President







 


 


 


 




  





  











  






 


Exhibit “1”







PARCEL 1







THE NORTH 194.0 FEET OF THE SOUTH 630 FEET OF THE WEST 300 FEET OF THAT PART OF THE EAST 1/2 OF THE NORTHEAST 1/4 OF SECTION 21, TOWNSHIP 39 NORTH, RANGE 12, EAST OF THE THIRD PRINCIPAL MERIDIAN, LYING EAST OF AND ADJOINING THE EASTERLY RIGHT OF WAY LINE OF THE INDIANA HARBOR BELT RAILROAD COMPANY, IN COOK COUNTY, ILLINOIS.







Together with Easement 13.5 feet in width over Grantor’s legal description as Exhibit 1-A as depicted on Exhibit 1-B attached.












P.I.N.:  15-21-202-066-0000







Common Address:  2528 South 27th Avenue, Broadview, Illinois












And







Property located at 2600 9th Street #5B, Boulder, CO 80304


 


 




  





  











  






 


EXHIBIT 1 - A


 


 



LEGAL DESCRIPTION OF THE GRANTOR PROPERTY


 


THE NORTH 150 FEET OF THE SOUTH 780 FEET OF THE WEST 300 FEET OF THAT PART OF THE EAST 1⁄2 OF THE NORTHEAST 1⁄4 OF SECTION 21, TOWNSHIP 39 NORTH, RANGE 12, EAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS WHICH LIES EAST OF THE RIGHT OF WAY LINE OF THE INDIANA HARBOR RAILROAD COMPANY, IN COOK COUNTY, ILLINOIS.


 







 


Commonly known as : 2500 South 27th Avenue, Broadview, Illinois 60155


 







 


PIN: 15-202-072-0000


 









  





  











  








 


EXHIBIT 1 - B