Document:

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                                  EXHIBIT 4.26

                      GUARANTY AND SUBORDINATION AGREEMENT
    (PARTICULAR GUARANTY - CONSOLIDATED RESOURCE RECOVERY, INC. - A DELAWARE
                 CORPORATION REGISTERED IN THE STATE OF FLORIDA)

To:      JAMES E.H. DARBY

         FOR VALUE RECEIVED, and in order to induce JAMES E.H. DARBY (the
"Lender") to grant, extend or continue credit or other financial accommodations
to CONSOLIDATED ENVIROWASTE INDUSTRIES INC. (the "Borrower"), the undersigned
(the "Guarantor") unconditionally and irrevocably guarantees to the Lender and
his heirs, administrators, successors and assigns the complete and punctual
payment when due (whether at the stated maturity or earlier by acceleration or
otherwise) of all Liabilities (as defined in the next sentence) at any time
owing by the Borrower to the Lender. "Liabilities" as used in this Guaranty
means all indebtedness, obligations, liabilities and other amounts due, of
whatever nature, of the Borrower to the Lender, whether now existing or
hereafter incurred, whether created directly or acquired by the Lender by
assignment or otherwise, whether matured or unmatured, whether absolute or
contingent, whether characterized as principal, premium, interest, additional
interest, fees, expenses or otherwise and whether the Borrower is bound alone or
with any others or as principal or as surety. The Guarantor's liability under
this Guaranty (but not the Liabilities) is limited to the sum of TWO MILLION,
ONE HUNDRED AND SIXTY THOUSAND, SIX HUNDRED AND EIGHTY DOLLARS AND NINETY-EIGHT
CENTS ($2,160,680.98), in lawful money of Canada, together with interest from
the date of demand for payment at the rate set out in Section 2.4 of the loan
consolidation agreement made effective as of the 1st day of October, 2003
between the Lender and the Borrower as the same may be amended, extended,
renewed, replaced, restated, supplemented, superseded and in effect from time to
time and plus all amounts payable by the Guarantor under paragraph 8 of this
Guaranty.

         "Prime Interest Rate of Royal Bank of Canada" means the annual rate of
interest announced from time to time by Royal Bank of Canada as a reference rate
then in effect for determining interest rates on Canadian dollar commercial
loans in Canada.

PROVIDED, however, that, regardless of the amount of the Liabilities of the
Borrower to the Lender, the liability of the Guarantor hereunder is limited to
the greater of (a) the maximum liability that the Guarantor can incur hereunder
without rendering itself insolvent and (b) the amount in United States Dollars
of the value received by the Guarantor as a result of the financial
accommodations made available by the Lender to the Borrower. The terms "value"
and "insolvent", as used in this proviso shall have the same meanings as in 11
U.S.C. sections 548(a)(2)(A) and (B), respectively. If for any reason this
Guaranty would be otherwise avoidable as a fraudulent transfer (whether under
state law or the U.S. federal Bankruptcy Code), then the terms "value" and
"insolvent" as used herein shall be defined and the limitation on the liability
of the Guarantor shall be deemed to operate in such a manner as to prevent this
Guaranty from being avoided as a fraudulent transfer while preserving the
liability of the Guarantor to the fullest extent legally permissible.

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THE GUARANTOR FURTHER AGREES WITH THE LENDER AS FOLLOWS:

1.       Certain Rights of Lender. At any time and from time to time (and
whether once or more than once), without the necessity of any reservation of
rights against the Guarantor and without notice to, demand on or further assent
by the Guarantor or any other person:

         (a)      any collateral security (which term as used in this Guaranty
                  includes other guaranties) held by or available to the Lender
                  in respect of the Liabilities or in respect of any guaranty of
                  the Liabilities may be sold, exchanged, waived, subordinated,
                  surrendered or released, in whole or in part and in any order;

         (b)      any of the Liabilities or the obligations of any other
                  guarantor of the Liabilities may be changed, renewed,
                  extended, continued, accelerated, surrendered, compromised,
                  subordinated, waived or released, in whole or in part, or any
                  default with respect thereto waived or any demand for payment
                  with respect thereto rescinded;

         (c)      the Lender may set off, refrain from setting off or release,
                  in whole or in part, any balance of any and all deposits
                  (general or special) or credits on its books in favour of the
                  Borrower or of any such guarantor, may take or refrain from
                  taking or perfecting any security interest in any collateral
                  security and may exercise or refrain from exercising any right
                  against the Borrower or any other person;

         (d)      the Lender may extend or refrain from extending further credit
                  or financial accommodations in any manner whatsoever to, may
                  accept compositions from and may otherwise generally deal with
                  the Borrower and any other person and with any collateral
                  security as the Lender may see fit; and

         (e)      the Lender may apply all moneys at any time received from the
                  Borrower or any other person or from any collateral security
                  in such manner, in such amounts and against such part of the
                  Liabilities (including Liabilities not covered by this
                  Guaranty) as the Lender considers best and change any such
                  application in whole or in part as the Lender may see fit.

All of these actions may be taken without in any way limiting, diminishing or
affecting the Guarantor's liability under this Guaranty and without imposing any
obligation of trust on the Lender, and no loss of or in respect of any
collateral security, whether caused by the fault of the Lender or otherwise,
shall in any way limit, diminish or affect the Guarantor's liability under this
Guaranty.

2.       Liability of Guarantor Unconditional. This Guaranty is a guaranty of
payment and not merely of collection. The Guarantor's liability under this
Guaranty is absolute and unconditional and shall not be limited, diminished or
affected by the happening from time to time of any event, including (but not
limited to) any event described in paragraph 1 of this Guaranty and any of the
following events, whether or not any such event occurs with notice to or with
the consent of the Guarantor or once or more than once:

         (a)      the waiver, surrender, compromise, settlement, discharge,
                  release or termination of any or all of the Liabilities;

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         (b)      the failure to give any notice to the Borrower;

         (c)      the extension of the time for payment or performance of any of
                  the Liabilities;

         (d)      the change (whether or not material) of the terms of any
                  document relating to the Liabilities (a "Document");

         (e)      the taking of or failure to take any action referred to in any
                  Document;

         (f)      the illegality, invalidity, unenforceability (including, but
                  not limited to, by reason of any statute of limitations or
                  automatic stay) or irregularity of any of the Liabilities or
                  any Document;

         (g)      any failure, omission, delay or lack of diligence on the part
                  of the Lender in the enforcement, assertion or exercise of any
                  right, power or remedy conferred on the Lender under any
                  Document, or the inability of the Lender to enforce any
                  provision of any Document for any reason, or any other act or
                  omission on the part of the Lender, including (but not limited
                  to) failure by the Lender to perfect or protect any lien or
                  security interest granted to the Lender, to commence and
                  prosecute any action to collect the Liabilities or to enforce
                  or collect any judgment obtained by the Lender;

         (h)      the dissolution or liquidation of the Borrower, the sale or
                  other disposition of all or substantially all of the assets of
                  the Borrower, the marshalling of assets and liabilities of the
                  Borrower or the existence of receivership, insolvency,
                  assignment for the benefit of creditors, bankruptcy,
                  reorganization, arrangement, adjustment, composition or other
                  similar proceedings affecting the Borrower; and

         (i)      any other event, action or circumstance that would, in the
                  absence of this subparagraph (i), result in the release or
                  discharge of the Guarantor from the performance or observance
                  of any obligation, covenant or agreement contained in this
                  Guaranty.

3.       Waiver of Notice. The Guarantor waives all notices of the creation,
renewal, extension or accrual of any of the Liabilities and notice or proof of
reliance by the Lender on this Guaranty or acceptance of this Guaranty. The
Liabilities shall conclusively be considered to have been created, contracted or
incurred in reliance on this Guaranty, and all dealings between the Borrower and
the Lender shall likewise be conclusively presumed to have been had or
consummated in reliance on this Guaranty. The Guarantor also waives (to the
extent permitted by applicable law) all requirements of notice, presentment,
protest or demand on it, the Borrower or any other person, all other notices and
demands whatsoever relating to the Liabilities and any requirement that the
Lender file a claim with a court in any bankruptcy or similar proceedings of the
Borrower or first proceed against the Borrower or any other person or first
realize on any collateral security held by it or otherwise exhaust any right,
power or remedy under any Document or against the Borrower or any other person
before proceeding against the Guarantor under this Guaranty. The Lender shall
have no responsibility to notify the Guarantor of the Borrower's financial
condition or the Borrower's incurrence or performance of the Liabilities.

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4.       Continuing Guaranty. This Guaranty is a continuing guaranty, shall not
be discharged until performance and payment in full of all of the Liabilities,
payment of all amounts payable by the Guarantor under this Guaranty and
cancellation of this Guaranty by the Lender and shall remain in full force and
effect notwithstanding any interruption in the business relations between the
Borrower and the Lender or any increase or decrease (including a decrease to
zero) from time to time in the amount of the Liabilities. If demand for, or
acceleration of the time for, payment by the Borrower to the Lender of any of
the Liabilities is stayed upon the insolvency, bankruptcy, reorganization or
proposed compromise or arrangement with creditors of the Borrower, all
Liabilities of which payment or performance is stayed that would otherwise be
subject to demand for payment or acceleration shall nonetheless be payable by
the Guarantor immediately on demand by the Lender.

5.       Reinstatement. This Guaranty shall continue to be effective, or shall
be reinstated, if at any time payment, or any part thereof, of any of the
Liabilities is rescinded or must otherwise be returned by the Lender for any
reason whatsoever (including, but not limited to, the bankruptcy, insolvency,
dissolution, liquidation or reorganization of the Borrower or any other person),
all as though such payment had not been received by the Lender.

6.       Subordination. All indebtedness, obligations, liabilities and other
amounts due, of whatever nature, of the Borrower to the Guarantor (the
"Subordinated Debt"), whether now existing or hereafter incurred, whether
created directly or acquired by the Guarantor by assignment or otherwise,
whether matured or unmatured, whether absolute or contingent, whether
characterized as principal, premium, interest, additional interest, fees,
expenses or otherwise and whether the Borrower is bound alone or with any others
or as principal or as surety, are hereby assigned to the Lender and shall be
subject and subordinate to the Liabilities, and all moneys received by the
Guarantor in respect of the Subordinated Debt shall immediately on the Lender's
demand be received in trust for the Lender and paid over to the Lender. This
subordination is independent of the guaranty provided in this Guaranty and shall
remain in full force and effect notwithstanding any termination of or decrease
in the Guarantor's liability under this Guaranty. Assets of the Borrower held by
the Guarantor, whether in the form of deposits, collateral security or
otherwise, shall not at any time be set off against the Subordinated Debt but
shall be held in trust for the Lender. The Guarantor hereby undertakes to
execute such additional documents and to do such additional acts as may be
necessary or desirable (in the sole opinion of the Lender) in order to carry
out, complete or perfect this subordination and assignment.

7.       Limits on Subrogation. No payment by the Guarantor pursuant to any
provision of this Guaranty or other satisfaction of the Guarantor's liability
under this Guaranty shall entitle the Guarantor, by subrogation or otherwise, to
any right or remedy against the Borrower until after the indefeasible payment in
full of the Liabilities.

8.       Costs, Expenses, Etc. The Guarantor agrees to pay on demand all losses,
costs, expenses (including, but not limited to, attorneys' fees (including
allocated costs and expenses of counsel who are employees of the Lender)) and
damages incurred by the Lender in connection with the preparation of this
Guaranty or any amendment, waiver or consent with respect to this Guaranty, in
connection with any rescission or return referred to in paragraph 5 of this
Guaranty, in enforcing or attempting to enforce this Guaranty or any other
guaranty of the Liabilities or in protecting the Lender's rights under this
Guaranty or any other guaranty of the Liabilities following any default by the
Guarantor under this Guaranty, whether the Lender's rights are enforced by suit
or otherwise.

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9.       Obligations Additional. This Guaranty and the Guarantor's liability
under this Guaranty are in addition to and not in substitution for:

         (a)      any other collateral security, by whomsoever given, at any
                  time held by the Lender; and

         (b)      any present or future obligation of the Guarantor or any other
                  obligor to the Lender incurred otherwise than under this
                  Guaranty whether the Guarantor or such other obligor is bound
                  with or apart from the Borrower.

10.      Setoff, Etc. As security for the payment of the Guarantor's liability
under this Guaranty, the Guarantor grants to the Lender a continuing lien on,
security interest in and right of setoff against all moneys, securities (other
than any "margin stock", as such term is defined in Regulation U of the Board of
Governors of the Federal Reserve System) and other property of the Guarantor,
and the proceeds thereof, now or hereafter in the possession of or on deposit
with the Lender or with any subsidiary or affiliate of the Lender or any third
party for the benefit of the Lender or any subsidiary or affiliate of the
Lender, whether held in a general or special account or deposit (including, but
not limited to, time deposits) or for safekeeping, custody, pledge,
transmission, collection or otherwise, and any other credits, indebtedness or
claims, in each case whether direct or indirect, absolute or contingent, or
matured or unmatured, at any time held or owing by the Lender to or for the
credit or account of the Guarantor. In addition to any rights now or hereafter
granted under applicable law and not by way of limitation of any such rights,
the Guarantor authorizes the Lender, on the occurrence of a default by the
Guarantor under this Guaranty, to proceed against all or any part of such
moneys, securities and other property of the Guarantor, at any time or from time
to time, without notice to the Guarantor or any other person, to the full extent
of the Guarantor's liability under this Guaranty, by right of setoff, Lenderer's
lien or otherwise, and to appropriate and apply all or any part of such moneys,
securities and any other property against and on account of the Guarantor's
liability under this Guaranty, whether or not the Lender has made any demand
under this Guaranty and although the obligations and liabilities held or owing
by the Lender may be contingent or unmatured. The Guarantor authorizes the
Lender to do all such acts and to execute all such documents in the Guarantor's
name or the Lender's name as may be considered by the Lender necessary or
appropriate to preserve, protect or perfect its rights and remedies under this
paragraph.

11.      Payments. All payments under this Guaranty shall be made to the Lender
at such branch, agency or affiliate of the Lender as the Lender may require, in
immediately available funds and without setoff, counterclaim or deduction of any
kind, and shall be made in the lawful currency in which the Liabilities are
payable ("Primary Currency"). Without in any manner limiting the Guarantor's
obligations contained in the preceding sentence, if any sum is paid to and
received by the Lender under this Guaranty in a currency other than the Primary
Currency (such other currency is called the "Alternative Currency"), whether by
judgment (and notwithstanding the rate of exchange actually applied in such
judgment) or otherwise, the Guarantor's liability under this Guaranty shall
nevertheless be discharged only to the extent of the net amount of Primary
Currency that the Lender is able in accordance with its normal banking
procedures to purchase with such amount of Alternative Currency. If the Lender
is not able to purchase with such amount of Alternative Currency sufficient
Primary Currency to discharge the Guarantor's liability under this Guaranty in
full, the Guarantor's obligations to the Lender with respect to such difference
shall be due as a separate debt and shall not be affected by payment of or
judgment being obtained for any other sums due under this Guaranty.

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12.      Successors and Assigns. This Guaranty shall inure to the benefit of the
Lender and its successors, transferees and assigns and shall bind the Guarantor
and the Guarantor's heirs, executors, administrators, legal representatives,
successors and assigns; provided, however, that the Guarantor may not assign its
rights or obligations under this Guaranty without the Lender's prior written
consent. If the Guarantor is a partnership, the Guarantor's liability under this
Guaranty shall remain in full force and effect notwithstanding any change in the
parties comprising the partnership and the term "Guarantor" shall include any
altered or successive partnerships, but the predecessor partnerships and their
partners shall continue to be bound under this Guaranty.

13.      Joint and Several Obligations. If this Guaranty is executed by more
than one party, each party's liability under this Guaranty shall be joint and
several; provided, however, that this Guaranty shall be construed for all
purposes as if a separate, identical agreement (including the amount of any
limitation on the Guarantor's liability) had been executed by each party. The
Guarantor's liability under this Guaranty shall not in any way be changed,
reduced or terminated as a result of:

         (a)      any change or reduction in or termination of the obligations
                  of any other guarantor of the Liabilities,

         (b)      the death or loss or diminution of capacity of any other
                  guarantor of the Liabilities or

         (c)      the failure of any other person to execute this or any other
                  guaranty of the Liabilities.

14.      No Merger, Etc. The Guarantor shall not, without the Lender's prior
written consent, enter into any merger, amalgamation or consolidation or, except
in the ordinary course of business, sell, lease or otherwise transfer or dispose
of a material portion of the Guarantor's assets.

15.      Waivers and Amendments, Cumulative Remedies. The Lender shall not be
obligated to exercise any right, power or privilege under this Guaranty, and no
failure to exercise and no delay in exercising, on the part of the Lender, any
such right, power or privilege under this Guaranty shall operate as a waiver
thereof, nor shall any single or partial exercise thereof preclude any other or
further exercise thereof or the exercise of any other right, power or privilege.
No notice to or demand on the Guarantor shall be deemed to be a waiver of the
Lender's right to take further action without notice or demand as provided
herein. No waiver shall be applicable except in the specific instance for which
given or shall in any way impair the Lender's rights or the Guarantor's
liability in any other respect or at any other time, nor in any event shall any
modification or waiver of any provision of this Guaranty be effective unless in
writing and signed on behalf of the Lender. The rights and remedies provided in
this Guaranty are cumulative and are not exclusive of any other right or remedy
provided by law, in equity or under any other agreement or instrument.

16.      Representations and Warranties. The Guarantor represents and warrants
to the Lender that:

         (a)      it is duly organized, validly existing and in good standing
                  under the laws of the jurisdiction of its organization;

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         (b)      the Guarantor has full capacity and authority to execute,
                  deliver and perform this Guaranty, and the execution, delivery
                  and performance of this Guaranty will not:

                  (i)      violate any law or regulation,

                  (ii)     (if the Guarantor is not an individual) violate any
                           provision of the Guarantor's organizational
                           documents,

                  (iii)    violate or constitute (with due notice or lapse of
                           time or both) a default under any indenture,
                           agreement, license or other instrument to which the
                           Guarantor is a party or by which the Guarantor or any
                           of the Guarantor's properties may be bound,

                  (iv)     violate any order of any court, tribunal or
                           governmental agency binding on the Guarantor or any
                           of the Guarantor's properties or

                  (v)      result in the creation or imposition of any lien of
                           any nature whatsoever on any of the Guarantor's
                           properties or assets;

         (c)      no approval or consent of, or filing or registration with, any
                  federal, state or local regulatory authority is required in
                  connection with the execution, delivery and performance of
                  this Guaranty; and

         (d)      this Guaranty constitutes the legal, valid and binding
                  obligation of the Guarantor, enforceable against the Guarantor
                  in accordance with its terms, except as enforceability may be
                  limited by applicable bankruptcy, insolvency, moratorium or
                  other similar laws affecting creditors' rights generally and
                  except that enforceability may be subject to general
                  principles of equity.

These representations and warranties shall survive the execution of this
Guaranty.

17.      Financial Information. The Guarantor agrees to furnish promptly to the
Lender copies of the Guarantor's annual and quarterly financial statements and
such other information relating to the Guarantor's business and financial
condition as the Lender may from time to time request.

18.      Stamp Taxes, Etc. The Guarantor agrees to indemnify the Lender against
any claim or liability for any stamp, excise or other similar taxes and any
penalties or interest with respect thereto that may be imposed, levied,
collected, withheld or assessed by any jurisdiction in connection with the
execution and delivery of this Guaranty, any document related to this Guaranty
or any modification of this Guaranty or any such document. This covenant shall
survive the termination of this Guaranty.

19.      Withholding Tax. Any and all payments by the Guarantor hereunder shall
be made free and clear of, and without deduction for, any and all present and or
future taxes. If the Guarantor is required by law to deduct any taxes from or in
respect of any sum payable hereunder to the Lender, (a) the sum payable shall be
increased by the amount necessary so that after making all required deductions
(including deductions applicable to additional sums payable under this Section
19) the Lender will receive an amount equal to the sum it would have received
had no such deductions been made; (b) the Guarantor shall make such deductions;
and (c) the Guarantor shall pay the full amount deducted to the relevant taxing

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authority or other governmental authority in accordance with applicable law and
promptly forward to the Lender an official receipt or other documentation
acceptable to the Lender evidencing such payment.

20.      Governing Law, Submission to Jurisdiction. This Guaranty and the rights
and obligations of the Lender and of the Guarantor under this Guaranty shall be
governed by and construed in accordance with the laws of the State of Delaware.
For purposes of any suit, action or proceeding involving this Guaranty or any
judgment entered by any court in respect of such suit, action or proceeding, the
Guarantor expressly submits to the non-exclusive jurisdiction of any State or
federal court sitting in the State of Delaware and agrees that any order,
process or other paper may be served upon the Guarantor within or without such
court's jurisdiction by mailing a copy to the Guarantor at the Guarantor's
address for notices provided in this Guaranty, provided that a reasonable time
for appearance is allowed. The Guarantor irrevocably waives any objection the
Guarantor may now or hereafter have to the laying of venue of any suit, action
or proceeding arising out of or relating to this Guaranty brought in any such
court and further irrevocably waives any claim that any such suit, action or
proceeding brought in any such court has been brought in an inconvenient forum.
Nothing contained in this Guaranty shall affect the Lender's right to serve
legal process in any other manner permitted by law or to bring any action or
proceeding against the Guarantor or the Guarantor's property in the courts of
other jurisdictions.

21.      Severability. Any provision of this Guaranty that is prohibited or
unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective
to the extent of such prohibition or unenforceability without invalidating the
remaining provisions of this Guaranty, and any such prohibition or
unenforceability in any jurisdiction shall not invalidate such provision or
render it unenforceable in any other jurisdiction.

22.      Notices. Notices and other communications with respect to this Guaranty
shall be in writing (including telecommunications) and made or delivered to the
party to which such notice or other communication is required or permitted to be
given or made at the address(es) shown on the signature page of this Guaranty or
at such other address as shall be designated by such party in a written notice
to the other party given in accordance with this paragraph and shall be
considered delivered on receipt if telecommunicated or delivered by messenger or
courier service or five days after mailing, postage prepaid. All mailed notices
shall be by certified or registered mail.

23.      Headings. The headings used in this Guaranty are for convenience only
and shall not affect the construction of this Guaranty.

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                                       9

24.      Waiver of Jury Trial. EACH PARTY TO THIS GUARANTY, AND BY ITS
ACCEPTANCE OF THIS GUARANTY THE LENDER, KNOWINGLY, VOLUNTARILY AND INTENTIONALLY
WAIVES ANY RIGHT TO A JURY TRIAL OF ANY DISPUTE RELATING TO THIS GUARANTY AND
AGREES THAT ANY SUCH DISPUTE SHALL BE TRIED BEFORE A JUDGE SITTING WITHOUT A
JURY.

IN WITNESS WHEREOF, the Guarantor has caused this Guaranty to be executed by its
duly authorized officer on the 10th day of February, 2004.

Address for Notices:                          CONSOLIDATED RESOURCE RECOVERY,
Consolidated Resource Recovery, Inc.          INC. (A DELAWARE CORPORATION)
3025 Whitfield Avenue                         By its authorized signatory:
Sarasota, Florida, USA, 34243

                                              "Doug Halward"
                                              ----------------------------------
Attention:     Doug Halward                   Name: D. Halward
Telephone No.  941-756-0977                   Title: President
Facsimile No.: 941-751-6942

Lender's Address for Notices:
James E.H. Darby
550 Lowry Lane
North Vancouver, British Columbia, V7G 1R3

Telephone No.
Facsimile No.<PAGE>

                                  EXHIBIT 4.27

Recording ( 18 Pages)       82.50
Documentary Stamps
Intangible Tax
Other
Total                       82.50

THIS INSTRUMENT PREPARED BY:
Curtis D. Hamlin, Esq.
PORGES, HAMLIN,
KNOWLES & PROUTY, P.A.
1205 Manatee Avenue West
Bradenton, Florida 34205

              MORTGAGE, SECURITY AGREEMENT AND ASSIGNMENT OF RENTS
                              (TO SECURE GUARANTY)

                 NOTICE OF EXEMPTION FROM DOCUMENTARY STAMP TAX
                               AND INTANGIBLE TAX

THIS MORTGAGE SECURES AN OBLIGATION THAT IS AN EXEMPT TRANSACTION UNDER RULE
12B-4.054(4), FLORIDA ADMINISTRATIVE CODE, IN THAT IT SECURES A CONTINGENT
OBLIGATION AND IS NOT SUBJECT TO THE FLORIDA DOCUMENTARY STAMP TAX. THIS
MORTGAGE IS ALSO EXEMPT FROM INTANGIBLE TAX UNDER WEST FLAGLER ASSOCIATES, LTD.
V. DEPARTMENT OF REVENUE FOR THE STATE OF FLORIDA, 633 So2d 555 (Fla.3d DCA,
1994).

A DUPLICATE ORIGINAL OF THIS DOCUMENT IS BEING RECORDED IN THE PUBLIC RECORDS OF
MANATEE AND PINELLAS COUNTY, FLORIDA

         THIS INDENTURE made on February 10, 2004 by and between CONSOLIDATED
RESOURCE RECOVERY, INC., a Delaware corporation ("Mortgagor") of 3025 Whitfield
Ave., Sarasota, Florida, USA, 34243, and JAMES E. H. DARBY, ("Mortgagee") of 550
Lowry Lane, North Vancouver, British Columbia V7G 1R3, which term shall include
Mortgagee*s successors and/or assigns;

                              W I T N E S S E T H:

WHEREAS, Mortgagor is obligated to Mortgagee as a guarantor of credit or other
financial accommodations in the principal amount of TWO MILLION, ONE HUNDRED AND
SIXTY THOUSAND, SIX HUNDRED EIGHTY and 98/100 DOLLARS ($2,160, 680.98), in
lawful money of Canada, by Mortgagee to Consolidated Envirowaste Industries,
Inc., a company incorporated under the laws of British Columbia ("Borrower")
pursuant to that certain Guaranty and Subordination Agreement ("Guaranty") of
even date, which by reference is made a part hereof to the same extent as though
set out in full herein, executed under seal by Mortgagor in favor of Mortgagee,
which Guaranty, together with all sums which may become due under the Guaranty
or the Mortgage is secured hereby.

         NOW, THEREFORE to secure the performance by Mortgagor of all covenants
and conditions in the Guaranty, this Mortgage, and in all other instruments
securing the Note, and in

                                       1
<PAGE>

order to charge the properties, interests and rights hereinafter described with
such payment and performance and to secure additional advances, renewals and
extensions thereof and for and in consideration of the sum of Ten and no/100
Dollars ($10.00), Mortgagor does hereby mortgage, sell, pledge and assign to
Mortgagee:

                             THE MORTGAGED PROPERTY

         (A)      All of the land in the County of Manatee, in the State of
Florida, described as Parcel 1 and Parcel 2 in Exhibit A attached to and made a
part hereof;

          All of the land in the County of Pinellas, in the State of Florida,
described as Parcel 3 in Exhibit A attached to and made a part hereof,

to have and to hold the same, together with all the improvements now or
hereafter erected on such property and all fixtures now or hereafter attached
thereto, together with each and every tenement, hereditament, easements, right,
power, privilege, immunity and appurtenance thereunto belonging or in anywise
appertaining and the reversion and reversions, remainder and remainders, and all
the estate, right, title, interest, homestead, right of dower, separate estate,
property, possession and claim whatsoever in law as well as equity of Mortgagor
of, in and to the same in every part and parcel thereof unto Mortgagee in fee
simple.

         (B)      Together with a security interest in all personal property and
fixtures affixed to or located on the property described in paragraph A.

         (C)      Together with all rents, issues, profits, revenue, income and
other benefits from the property described in Paragraph (A) hereof applied to
the indebtedness secured hereby, provided however, that permission is hereby
given to Mortgagor so long as no default has occurred hereunder, to collect,
receive, and use such benefits from the property as they become due and payable,
but not in advance thereof.

         (D)      All insurance policies and proceeds thereof and all
condemnation proceeds, awards, damages, and claims relating to or derived from
the property described in paragraphs (A), (B) and (C) hereof.

         (E)      Everything referred in Paragraphs (A), (B) and (C) hereof and
any additional property hereafter acquired by Mortgagor and subject to the lien
of this Mortgage or any part of these properties is herein referred to as the
"Mortgaged Property."

         AND MORTGAGOR (and if more than one, each of them jointly and
severally) does hereby covenant and agree with Mortgagee as follows:

         1.       WARRANTIES; PERFORMANCE OF LEASEHOLD OBLIGATIONS. Mortgagor is
the owner in fee simple of Parcel 1 and Parcel 2 of the Mortgaged Property and
is indefeasibly seized of a leasehold interest for a term of years on Parcel 3
of the Mortgaged Property with full power and right to mortgage same. The
Mortgaged Property is free and clear of all encumbrances except as noted in
Schedule "B" attached hereto, if any. Mortgagor warrants that: (i) it has lawful
authority to convey, mortgage and encumber the same as provided by the Mortgage,
(ii) Mortgagee may peaceably and quietly enjoy the Mortgaged Property, and (iii)
the Mortgagor will defend the Mortgaged Property against the claims of all
persons whomsoever.

                                       2
<PAGE>

         Performance of Leasehold Obligations. Mortgagor shall pay when due and
payable and before interest or other penalties are due thereon all rental sums
and other amounts as may be due under the terms and conditions of that certain
Lease Agreement by and between Lasa Holdings, a Florida general partnership, as
Landlord, and Mortgagor, as Tenant, dated April 26, 1999 ("Lease"). If any
rental sum or other amount due under the Lease ("Leasehold Obligations") is not
timely paid by Mortgagor or in the event that Mortgagor shall fail to meet one
or more of the other obligations assumed or undertaken by Mortgagor under the
terms of the Lease, then the Mortgagee shall have the right to pay or perform
the same, but shall not be obligated to do so, and in the event that the
Mortgagee shall have paid or performed any obligation of the Mortgagor under the
Lease, any amount or amounts paid by Mortgagee or expenses incurred in
connection with the performance of an obligation of Mortgagor, together with any
penalty and interest thereon, shall forthwith be payable by Mortgagor to
Mortgagee and shall be secured by the lien of this Mortgage.

         Mortgagor shall not have the right, without the Mortgagee's consent, to
cancel, abridge or otherwise modify the Lease creating Mortgagor's leasehold
interest in the Mortgaged Property, or any part thereof, as said Lease is in
existence on the date of this Mortgage. Mortgagor will fulfill or perform each
and every term, covenant and provision of the Lease to be fulfilled or performed
by the Mortgagor thereunder, including specifically, but not by way of
limitation, promptly request and pursue all renewals of the Lease during the
term of the Guaranty and shall give prompt notice to Mortgagee of any notice
received by Mortgagor of default by Mortgagor under the terms of the Lease or
the denial of any requested renewal of the Lease, together with a complete copy
of any such notice. Further, Mortgagor shall also give immediate notice to the
Mortgagee of any material default by the Lessor under the terms of the Lease. In
the event that Mortgagor exercises the Option to Purchase provided by Article
XXIV of the Lease, the lien of this Mortgage shall automatically attach to the
Mortgagor's fee simple title to the Property described as Parcel 3 in Exhibit A
attached hereto.

         2.       FURTHER ASSURANCES. Mortgagor agrees to execute and deliver to
Mortgagee and to any subsequent holder from time to time, upon demand, any
further instrument or instruments, including but not limited to mortgages,
security agreements, financing statements, assignments, so as to reaffirm, to
correct and to perfect the evidence of the obligation hereby secured and the
security interest of Mortgagee in and to all or any part of the Mortgaged
Property intended to be hereby mortgaged, whether now mortgaged, later
substituted for, or acquired subsequent to the date of this Mortgage, including,
without limitation, Mortgagor's fee simple title to the Property described as
Parcel 3 in Exhibit A attached hereto in the event that Mortgagor shall exercise
the Option to Purchase provided by Article XXIV of the Lease, and extensions or
modifications thereof.

         3.       SECURED INDEBTEDNESS. This Mortgage is given as security for
the Guaranty and also as security for any and all other sums, indebtedness,
obligations and liabilities of any and every kind now or hereafter during the
term hereof owing and to become due from Mortgagor to Mortgagee incurred,
evidenced, acquired or arising under the Guaranty, this Mortgage or any other
loan document executed in connection herewith, all of which are collectively
referred to herein as the "Secured Indebtedness."

         4.       PAYMENT. Mortgagor will pay the sums of money agreed by this
Mortgage and the Guaranty to be paid and any extensions or renewals thereof
according to the true effect and

                                       3
<PAGE>

meaning thereof and in conformity with all of the terms, provisions and
conditions as agreed therein.

         5.       TAXES AND ASSESSMENTS. Mortgagor will pay all taxes,
assessments, levies, liabilities, liens, obligations and encumbrances of every
kind and nature on the Mortgaged Property before delinquency. Mortgagor will pay
all taxes, fees, assessments, and other similar charges except income taxes,
imposed by any federal, state of local government or agency thereof on the
Guaranty, this Mortgage, or the indebtedness secured hereby. Any penalties or
interest required to be paid with respect to any of the aforesaid charges shall
be paid by Mortgagor. If Mortgagor fails to pay the same before delinquency
Mortgagee may pay the same and charge Mortgagor as provided in Paragraph 15
hereof.

         6.       Insurance.

         (a)      General Requirements. Mortgagor shall keep the Mortgaged
Property and the improvements now existing or hereafter erect on the Mortgaged
Property insured as may be required from time to time by Mortgagee against loss
by fire, other hazards and contingencies in such amounts and for such periods as
may be required by Mortgagee. Mortgagor shall pay promptly, when due, any
premiums on such insurance. All insurance shall be carried with companies
approved by Mortgagee and the policy and renewals thereof shall be held by
Mortgagee and have attached thereto loss payable clauses in favor and in form
acceptable to Mortgagee. In the event of loss, Mortgagor shall give immediate
notice by mail to Mortgagee and Mortgagee may make proof of loss if not made
promptly by Mortgagor. Each insurance company concerned is hereby authorized and
directed to make payments for such loss directly to Mortgagee instead of either
to Mortgagor or Mortgagor and Mortgagee jointly. Insurance proceeds or any part
thereof may be applied by Mortgagee at its option, after deducting therefrom all
its expenses including attorney's fees, either to the reduction of the
indebtedness hereby secured or to the restoration or repair of the property
damaged. Mortgagee is hereby authorized, at its option, to settle and compromise
any claims, awards, damages, rights of action and proceeds, and any other
payment or relief under any insurance policy. In the event of foreclosure of
this Mortgage or other transfer of title to the Mortgaged Property in
extinguishment of the indebtedness secured hereby, all right, title, and
interest of Mortgagor in and to any insurance policies then in force shall pass
to the purchaser or grantee.

         (b)      Reconstruction Requirements. Notwithstanding the foregoing,
after deducting any expenses Mortgagee incurs in collecting or handling the
insurance proceeds (including reasonable attorneys' fees), Mortgagee shall hold
the net insurance proceeds and make them available to Mortgagor for the repair
and restoration of the Improvements provided the following conditions are met:

                  (i)      No default exists and no fact exists that could, with
         the passage of time, constitute a default under the Guaranty or this
         Mortgage;

                  (ii)     Mortgagee reasonably determines that the cost to
         repair and restore the Improvements will not exceed fifty percent (50%)
         of the outstanding principal balance of the indebtedness secured
         hereby;

                                       4
<PAGE>

                  (iii)    Mortgagee reasonably determines that the Improvements
         may be repaired and restored before the maturity date of the
         obligations of the Borrower guaranteed by the Guaranty (as that
         maturity date may be extended from time to time);

                  (iv)     Mortgagee reasonably determines that the governmental
         regulations applicable to the Mortgaged Property at the time of repair
         and restoration of the Improvements will permit the Improvements to be
         repaired and restored substantially to the condition existing before
         the damage occurred;

                  (v)      Mortgagor provides Mortgagee with evidence
         satisfactory to Mortgagee that there are sufficient funds from the
         insurance proceeds and from Mortgagor's other funds (if needed) to
         repair and restore the Improvements and to pay all expenses of
         operating the Mortgaged Property, including all payments required under
         the Guaranty or this Mortgage during the period of repair and
         restoration;

                  (vi)     Mortgagor provides Mortgagee with evidence
         satisfactory to Mortgagee that all parties having an existing or
         expected interest in the Mortgaged Property (contract parties for
         materials and services, and the like) will continue their contractual
         arrangements with Mortgagor under the terms of their respective
         contracts during the repair and restoration and, if necessary, they
         will extend the dates for performance in their respective contracts by
         the time necessary to complete the repair and restoration;

                  (vii)    Mortgagor provides Mortgagee with evidence
         satisfactory to Mortgagee that all parties having management or
         franchise interests in and arrangements concerning the Mortgaged
         Property will continue their respective contractual arrangements with
         Mortgagor during and following the repair and restoration; and

                  (viii)   Mortgagor provides Mortgagee with all assurances
         Mortgagee may reasonably require that Mortgagee will not incur
         liability to any other person as a result of applying the insurance
         proceeds to the repair and restoration of the Improvements.

         Mortgagee shall hold the net insurance proceeds and make the net
insurance proceeds available to Mortgagor, during the period of restoration of
the Improvements subject to Mortgagee's then applicable construction
disbursement documentation requirements.

         If one or more of the conditions set forth in subparagraphs (i) through
(viii) above are not met, at its option, Mortgagee may apply the insurance
proceeds to the reduction of all sums secured by this Mortgage, whether or not
due, in any order Mortgagee chooses, or Mortgagee may apply the insurance
proceeds to the restoration of the Improvements. If Mortgagee makes the proceeds
available to Mortgagor for the repair and restoration of the Improvements,
Mortgagee may impose such terms and conditions as Mortgagee may reasonably
consider advisable to assure the quality of the restoration and the proper
application of the insurance proceeds to the costs of restoration. Mortgagee's
application of the insurance proceeds to the reduction of all sums secured by
this Mortgage shall not obligate Mortgagee to release any portion of the
Mortgaged Property from the lien and operation of this Mortgage. In any event,
Mortgagee is not responsible to Mortgagor for any failure to collect insurance
proceeds.

         7.       DEFAULT. Mortgagor shall be in default under this Mortgage
upon the happening of any of the following events or conditions: (a) failure or
omission to pay any sum due under the

                                       5
<PAGE>

Guaranty or default in the payment or performance of any obligation, covenant,
agreement or liability contained or referred to in this Mortgage, the Guaranty,
or any other loan documents executed in connection herewith or upon the
existence or occurrence of any circumstance or event deemed a default under the
Guaranty or any other loan document executed in connection herewith; (b) any
warranty, representation or statement made or furnished to Mortgagee for the
purpose of inducing Mortgagee to accept this Mortgage or to make any extension
of the Secured Indebtedness, proves to have been false in any material respect
when made or furnished; (c) a default under any other mortgage or trust deed on
the Mortgaged Property (whether such other mortgage or trust deed be held by
Mortgagee or by a third party); (d) the institution of foreclosure proceedings
of another mortgage or trust deed or lien of any kind on the Mortgaged Property
(whether such other mortgage, deed or lien be held by Mortgagee or by third
party); (e) the default by Mortgagor in the payment or performance of any
obligation, covenant, agreement, or liability contained in any other mortgage,
note, obligation or agreement held by Mortgagee; (f) the dissolution,
termination of existence, insolvency, or business failure of Mortgagor,
appointment of a receiver of any part of the Mortgaged Property, assignment for
the benefit of creditors by Mortgagor, or the commencement of any proceedings in
bankruptcy or insolvency by or against Mortgagor; (g) the determination by
Mortgagee that a material adverse change has occurred in the financial condition
of Mortgagor or any person obligated under the Guaranty, from the conditions set
forth in the most recent financial statement of such person heretofore furnished
to Mortgagee or from the condition of Mortgagor as heretofore most recently
disclosed to Mortgagee in any manner; and (h) falsity in any material respect
of, or any material omission in, any representation or statement made to
Mortgagee by or on behalf of Mortgagor or any person obligated under the
Guaranty, in connection with this Mortgage. Upon the occurrence of any such
default or at any time thereafter, subject to the grace period, if any, provided
in the Guaranty, Mortgagee may, at its option, declare the whole amount of the
Liabilities of the Borrower guaranteed by the Guaranty, and any and all other
Secured Indebtedness, immediately due and payable without demand or notice of
any kind to any person, and the same thereupon shall become immediately due,
payable and collectible (by foreclosure or otherwise) at once and without notice
to Mortgagor. Any default hereunder shall constitute a default under any other
mortgage, note, obligation or agreement of Mortgagor held by Mortgagee.

         In the event one or more "events of default" as above provided shall
occur, the remedies available to Mortgagee shall include, but not necessarily be
limited to, any one or more of the following:

                  (a)      Mortgagee may declare the entire unpaid balance of
         the Guaranty and all other obligations of Mortgagor secured hereby
         immediately due and payable without further notice.

                  (b)      Mortgagee may take immediate possession of the
         Mortgaged Property or any part thereof (which Mortgagor agrees to
         surrender to Mortgagee) and manage, control or lease same to such
         person or persons and exercise all rights granted pursuant to Section
         7. The taking of possession under this Section b. shall not prevent
         concurrent or later proceedings for the foreclosure sale of the
         Mortgaged Property as provided elsewhere herein.

                  (c)      Mortgagee may apply, for an ex parte motion to any
         court of competent jurisdiction, for the appointment of a receiver to
         take charge of, manage, preserve, protect, complete construction of and
         operate the Mortgaged Property and any business or

                                       6
<PAGE>

         businesses located thereon, to collect rents, issues, profits and
         income therefrom; to make all necessary and needed repairs to the
         Mortgaged Property; to pay all taxes and assessments against the
         Mortgaged Property and insurance premiums for insurance thereon; and
         after payment of the expense of the receivership, including reasonable
         attorneys' fees to Mortgagee*s attorney, and after compensation to the
         receiver for management and completion of the Mortgaged Property, to
         apply the net proceeds derived therefrom in reduction of the
         indebtedness secured hereby or in such manner as such court shall
         direct. All expenses fees and compensation incurred pursuant to a
         receivership approved by such court, shall be secured by the lien of
         this Mortgage until paid.

                  (d)      Mortgagee shall have the right to foreclose this
         Mortgage and in case of sale in an action or proceeding to foreclose
         this Mortgage, Mortgagee shall have the right to sell the Mortgaged
         Property covered hereby in parts or as an entirety. It is intended
         hereby to give to Mortgagee the widest possible discretion permitted by
         law with respect to all aspects of any such sale or sales.

                  (e)      Without declaring the entire unpaid principal balance
         due, Mortgagee may foreclose only as to the sum past due without injury
         to this Mortgage or the displacement or impairment of the remainder of
         the lien thereof and at such foreclosure sale the Mortgaged Property
         shall be sold subject to all remaining items of indebtedness, and
         Mortgagee may again foreclose in the same manner as often as there may
         be any sum past due.

                  (f)      It shall also not be necessary that Mortgagee pay any
         impositions, premiums or other charges regarding which Mortgagor is in
         default before Mortgagee may invoke its rights hereunder.

                  (g)      Exercise all other remedies available at law or
         equity in such order as Mortgagee may elicit.

                  (h)      All such other remedies available to Mortgagee with
         respect to this Mortgage shall be cumulative and may be pursued
         concurrently or successively. No delay by Mortgagee in exercising any
         such remedy shall operate as a waiver thereof or preclude the exercise
         thereof during the continuance of that or any subsequent default.

                  (i)      The obtaining of a judgment or decree on the
         Guaranty, whether in the State of Florida or elsewhere, shall not in
         anyway affect the lien of this Mortgage upon the Mortgaged Property
         covered hereby, and any judgment or decree so obtained shall be secured
         hereby to the same extent as said Guaranty is now secured.

         8.       COSTS, EXPENSES, AND ATTORNEYS' FEES. In the event of a
default under the terms of this Mortgage, the Guaranty, or any other loan
documents executed in connection herewith, or any renewals or extensions
thereof, Mortgagor shall pay all costs, expenses and reasonable attorneys' fees
incurred in the collection (whether by suit or otherwise) hereof, including
those costs, expenses and reasonable attorneys' fees incurred in appellate
proceedings. Furthermore, Mortgagor shall pay immediately all costs, expenses
and reasonable attorneys' fees incurred (whether in legal proceedings or
otherwise) by Mortgagee (including those costs, expenses and reasonable
attorneys' fees incurred in appellate proceedings) by

                                       7
<PAGE>

reason of the assertion or institution by any person, other than Mortgagee, of
any claim, demand, action or proceeding concerning or affecting the Mortgaged
Property or the lien created hereby, or concerning or affecting the Guaranty,
this Mortgage, or any loan document executed in connection herewith. If
Mortgagor shall fail to pay the sums required by this paragraph to be paid,
Mortgagee may pay the same and charge Mortgagor as provided in Paragraph 14
hereof.

         9.       MAINTENANCE AND WASTE. Mortgagor shall keep the Mortgaged
Property in good order and repair, commit, permit and suffer neither strip nor
waste of said property and comply with all laws, ordinances, regulations and
requirements of all governmental bodies applicable to the Mortgaged Property or
use thereof. Upon failure of Mortgagor to keep and perform each of the aforesaid
covenants, Mortgagee may, at its option, cause or procure the performance
thereof including repair and restoration of the Mortgaged Property, and charge
Mortgagor with the costs and expenses incurred thereby, as provided in Paragraph
14 hereof. Mortgagee may make or cause to be made reasonable entries upon the
Mortgaged Property for inspection thereof.

         10.      CONDEMNATION. In the event the Mortgaged Property or any part
thereof be taken under the power of eminent domain, Mortgagee shall have the
right, whether the value of Mortgagee's security be impaired by the taking or
not, to demand and receive all sums awarded for the taking of or damages to the
Mortgaged Property (including but not limited to severance and business damages)
up to the amount then unpaid on the obligations secured hereby and to apply the
same upon the payments last due thereon. Failure by Mortgagor to cause delivery
to Mortgagee of such sums shall constitute a default hereunder.

         11.      RECEIVERSHIP. In the event any suit is instituted upon the
Mortgage, or to foreclose or reform it, or to enforce payment of any claims
hereunder, Mortgagee shall have the right to the appointment of a receiver,
without notice, of the Mortgaged Property, including the rents, income, profits,
issues and revenues thereof. Such receiver shall have all the powers in any way
entrusted by a court to a receiver. Such appointment shall be made by the court
as an admitted equity and absolute right to Mortgagee, and without reference to
the adequacy or inadequacy of the value of the Mortgaged Property or to the
solvency or insolvency of Mortgagor or of the other defendants, and said rents,
profits, income, issues and revenues shall be applied to the Secured
Indebtedness.

         12.      RENTS AND PROFITS. As further and additional security for the
performance of the terms and conditions of this Mortgage and for the payment of
the Guaranty and Secured Indebtedness, Mortgagor hereby agrees that in case of
default under any of the provisions, covenants or agreements of this Mortgage,
the Guaranty, or any other loan document executed in connection herewith,
Mortgagee is hereby authorized and empowered, by its servants, agents or
attorney, to enter on the Mortgaged Property and to collect and receive the
rents and profits therefrom, and to apply the same to the payment of amounts due
on the obligations secured hereby; and for this purpose, Mortgagor hereby
assigns, transfers and sets over to Mortgagee the rents and profits accruing
from the Mortgaged Property during the period of such default. The exercise of
rights under this paragraph shall neither impair nor constitute a waiver of any
other rights or remedies which Mortgagee may have under the terms of this
Mortgage or otherwise, but the remedy hereby given shall be in addition to
others which Mortgagee may have. Each and every lessee of all or any part of the
Mortgaged Property shall, upon receipt of written notice from Mortgagee that
Mortgagor is in default hereunder, be obligated to make all further rental
payments to Mortgagee, and no lessee shall be obligated or entitled to inquire
into or ascertain

                                       8
<PAGE>

the authority of Mortgagee to act within and exercise the powers granted to
Mortgagee pursuant to this paragraph. Rental payments made pursuant to the
provisions of this paragraph by a lessee of the Mortgaged Property to Mortgagee
shall fully acquit the lessee to the extent of the payments so made.

         13.      INSURANCE POLICIES AND UTILITY DEPOSITS. In the event of
foreclosure of this Mortgage or a transfer of title to the Mortgaged Property in
lieu of foreclosure, all right, title and interest of Mortgagor in and to any
insurance policies then in force, and all deposits and all advance payment for
utility service of any kind or nature, heretofore or hereafter deposited by
Mortgagor for such utility service in connection with the operation of the
Mortgaged Property, will pass to the purchaser or grantee.

         14.      PERFORMANCE BY MORTGAGEE. If Mortgagor defaults in any of the
covenants or agreements contained in this Mortgage, in the Guaranty, or in any
other loan document executed in connection herewith, Mortgagee may perform the
same or procure their performance without waiving or affecting the option to
foreclose or any right hereunder, and all costs, payments and expenditures
(including reasonable attorneys' fees as herein provided) made by Mortgagee in
so doing shall be charged to Mortgagor, shall become immediately due and payable
and shall bear interest at the maximum rate permitted by law. If said sums are
not immediately paid they shall be added to and become part of the Secured
Indebtedness.

         15.      SUBROGATION. To the extent of the Secured Indebtedness,
Mortgagee is subrogated to the lien or liens and to the rights of the owners and
holders thereof of each mortgage, lien or other encumbrance on the Mortgaged
Property which is paid or satisfied, or both, in whole or in part, out of the
proceeds of loan secured hereby, and the respective liens of said mortgages,
liens or other encumbrances shall be preserved and shall pass to and be held by
Mortgagee as security for the indebtedness hereby secured to the same extent
that it would have been preserved and would have been passed to and been held by
Mortgagee had it been duly and regularly assigned to Mortgagee by separate
assignment notwithstanding the fact that the same may be satisfied and canceled
of record.

         16.      Security Agreements. That the Mortgagor hereby grants to the
Mortgagee a security interest in, and shall execute any and all such documents,
including Financing Statements pursuant to the Uniform Commercial Code of the
State of Florida, as the Mortgagee may request, to preserve and maintain the
priority of the lien created hereby on the mortgaged property which may be
deemed personal property or fixtures, and shall pay to the Mortgagee on demand
any reasonable expenses incurred by the Mortgagee in connection with the
preparation, execution and filing of any such documents. The Mortgagor hereby
authorizes and empowers the Mortgagee to file, on the Mortgagor's behalf, all
Financing Statements, and refilings and continuations thereof as the Mortgagee
deems necessary or advisable to create, preserve, and protect said lien. When
and if the Mortgagor and the Mortgagee shall respectively become Debtor and
Secured Party in any Uniform Commercial Code Financing Statement affecting
property referred to or described herein, this Mortgage shall be deemed the
Security Agreement as defined in said Uniform Commercial Code, and the remedies
for any violation of the covenants, terms, and conditions of the agreements
herein contained shall be (i) as prescribed herein, (ii) by general law, or
(iii) as to such part of the security which is also reflected in said Financing
Statement, by the specific statutory consequences now or hereafter enacted and
specified in said Uniform Commercial Code, all at Mortgagee's sole election. The
filing of such a Financing Statement in the records normally having to do with
personal property shall never be construed in any way

                                       9
<PAGE>

derogating or impairing this declaration and hereby stated intention of the
parties hereto, that all items of personal property used in connection with the
production of income from the Premises or adapted for use therein or which are
described or reflected in this Mortgage are, and at all times and for all
purposes and in all proceedings, both legal and equitable, shall be regarded as
part of the real estate irrespective of whether or not (i) any such item is
physically attached to the improvement, (ii) serial numbers are used for the
better identification of certain equipment items capable of being thus
identified in a recital contained herein or in any list filed with the
Mortgagee, or (iii) any such item as referred to or reflected in any such
Financing Statement so filed at any time. Similarly, the mention in any such
Financing Statement of (l) the rights in or the proceeds of any fire and/or
hazard insurance policy, (2) any award in eminent domain proceedings for a
taking or for loss of value, or (3) the Mortgagor's interest as lessor in any
present or future lease or rights to income growing out of the use or occupancy
of the Mortgaged Property, whether pursuant to a lease or otherwise, shall never
be construed as in any way altering any of the rights of the Mortgagee as
determined by this instrument or expunging the priority of the Mortgagee's lien
granted hereby or by any other recorded document, but such mention in the
Financing Statement is declared to be for the protection of the Mortgagee in the
event any court or judge shall at anytime hold with respect to (1), (2), or (3)
that notice of the Mortgagee's priority of interest, to be effective against a
particular class of persons, including, but not limited to, the Federal
Government and any subdivisions or entity of the Federal Government, must be
filed in the Uniform Commercial Code records.

         With respect to any of the properties described herein which are
characterized by law as fixtures or personal property, of whatever nature
(hereinafter referred to as the "Collateral") Mortgagor warrants:

         (a)      Use of Collateral: That the Collateral is used primarily for
business purposes and will be kept at the Premises or at such other place as
specifically authorized by Mortgagee.

         (b)      Assembly of Collateral: That, upon default hereunder and
acceleration of the indebtedness pursuant to the provisions hereof, or the
Guaranty secured hereby, the Mortgagee may, at its discretion, require the
Mortgagor to assemble the Collateral and make it available to the Mortgagee at a
place reasonably convenient to both parties to be designated by the Mortgagee.

         (c)      Manner of Sale: That, upon default hereunder and acceleration
of the indebtedness pursuant to the provisions hereof, or of the Guaranty
secured hereby, all or any part of the Collateral may, at the sole discretion of
the Mortgagee, be combined with the real property covered hereby and sold
together with such real property as an entirety, or the Collateral (or any part
of the Collateral not sold together with the real property) may be sold
separately, as one parcel or in such parcels, manner or order as the Mortgagee,
in its sole discretion, may elect.

         (d)      Notice of Sale: The Mortgagee shall give the Mortgagor not
less than seven (7) days notice, by registered or certified mail, postage
prepaid, of the time and place of any public sale of any Collateral or of the
time after which any private sale or other intended disposition thereof is to be
made by sending time of the sale or other disposition, which provisions for
notice the Mortgagor and Mortgagee agree are reasonable.

                                       10
<PAGE>

         17.      DUE ON SALE. The entire Secured Indebtedness may, at
Mortgagee's sole option, become immediately due and payable in the event of the
sale, transfer, or encumbrance (without the prior written consent of Mortgagee)
of (i) all or any part of the Mortgaged Property, or any interest therein, or
(ii) any beneficial interest in Mortgagor (if Mortgagor, or any of them, is not
a natural person or persons, but is a corporation, partnership, trust, estate or
other legal entity). Mortgagee's consent may be withheld in its absolute and
sole discretion, or it may be conditioned upon a number of factors to be
determined in Mortgagee's sole discretion, including but not limited to, a
determination of the purchaser's credit worthiness, a modification of the
Guaranty and Mortgage as to interest rate and terms, and payment of an
assumption fee.

         18.      After Acquired Property. The lien of this Mortgage will
automatically attach, without further act, to all after acquired property of
whatever kind located in or on, or attached to, or used or intended to be used
in connection with or in the operation of the Mortgaged Property, including,
without limitation, Mortgagor's fee simple title to the Property described as
Parcel 3 in Exhibit A attached hereto in the event that Mortgagor shall exercise
the Option to Purchase provided by Article XXIV of the Lease, as defined in
Paragraph 1, above.

         19.      Environmental Covenants. Mortgagor warrants and represents to
Mortgagee after thorough investigation:

         (a)      That neither Mortgagor nor any other person to the Mortgagor's
knowledge, after reasonable inquiry, has ever used the Mortgaged Property as a
facility for the storage, treatment or disposal of any "Hazardous Substances,"
as that term is hereinafter defined and Mortgagor will not, in the future, use
the Mortgaged Property for any such purpose.

         (b)      That to the best knowledge and belief of Mortgagor based upon
reasonable inquiry, the Mortgaged Property is now and at all times hereafter
will continue to be in full compliance with all federal, state and local
"Environmental Laws" (as that term is defined hereinafter), including but not
limited to, the Comprehensive Environmental Response, Compensation and Liability
Act of 1980 ("CERCLA"), 42 USC Section 9601, et seq., the Superfund Amendments
and Reauthorization Act of 1986 ("SARA"), Public Law 99-499, 100 Stat. 1613, the
Resource Conservation and Recovery Act ("RCRA"), 42 USC Section 6901, et seq..
the Florida Resource Recovery and Management Act, Section 403.701, et seq.,
Florida Statutes, the Pollutant Spill Prevention and Control Act, Section
376.011-376.17 and 376.19-376.303 Florida Statutes, as the same may be amended
from time to time and all ordinances, regulations, codes, plans, orders, and
decrees now existing or in the future enacted, promulgated, adopted, entered or
issued, both within and outside present contemplation of the Mortgagor and
Mortgagee;

         (c)      That to the best knowledge and belief of Mortgagor based upon
reasonable inquiry, (i) as of the date hereof there are no hazardous or toxic
materials, substances, wastes or other environmentally regulated substances
(including solids or gaseous products and any materials containing asbestos),
the presence of which is limited, regulated or prohibited by any state, federal
or local governmental authority or agency having jurisdiction over the Mortgaged
Property, or which are otherwise known to pose a hazard to health or safety of
occupants of the Mortgaged Property, located on, in or under the Mortgaged
Property or used in connection therewith, or (ii) Mortgagor has fully disclosed
to Mortgagee in writing the existence, extent and nature of any such hazardous
or toxic material waste or other environmentally regulated substance, which
Mortgagor

                                       11
<PAGE>

is legally authorized and empowered to maintain on, in or under the Mortgaged
Property or use in connection therewith, and Mortgagor has obtained and will
maintain all licenses, permits and approvals required with respect thereto, and
is in full compliance with all of the terms, conditions and requirements of such
licenses, permits and approvals;

         (d)      That Mortgagor shall notify Mortgagee of any change in the
nature or extent of any hazardous or toxic materials, substances or wastes
maintained on, in or under the Mortgaged Property or used in connection
therewith, and will transmit to Mortgagee copies of any citations, orders,
notices or other material governmental or other communication received with
respect to any other hazardous materials, substances, wastes or other
environmentally regulated substances affecting the Mortgaged Property; and

         (e)      That Mortgagor is not aware of, nor has the Mortgagor nor any
of it's subsidiary or affiliated entities received notice of, any past, present
or future events, conditions, circumstances, activities, practices, incidents,
actions or plans which may interfere with or prevent compliance or continued
compliance with Environmental Laws or any Ordinance, regulation, code, plan,
order, decree, judgment, injunction, notice or demand letter issued, entered,
promulgated or approved thereunder, or which may give rise to any common law or
legal liability, or otherwise form the basis of any claim, action, demand, suit,
proceeding, hearing, study or investigation, based on or related to the
manufacture, processing, distribution, use, treatment, storage, disposal,
transport or handling, or the emission, discharge, release or threatened release
into the environment, of any Hazardous Substance; and

         (f)      That there is no civil, criminal or administrative action,
suit, demand, claim, hearing, notice or demand letter, notice of violation,
investigation, or proceeding pending or threatened against Mortgagor or the
Mortgaged Property, relating in any way to any Environmental Laws or any
regulation, code, plan, order, decree, judgment, injunction, notice or demand
letter issued, entered, promulgated or approved thereunder;

         (g)      Mortgagor hereby agrees to indemnify, reimburse, defend and
hold harmless Mortgagee, its officers, directors, employees, successors and
assigns from and against all demands, claims, civil or criminal actions or
causes of action, liens, assessments, civil or criminal penalties or fines,
losses, damages, liabilities, obligations, costs, disbursements, expenses or
fees of any kind or of any nature (including, without limitation, cleanup costs,
attorneys', consultants' or experts' fees and disbursements and costs of
litigation at trial and appellate levels) which may at any time be imposed upon,
incurred by or asserted or awarded against, Mortgagee directly or indirectly,
resulting from: (i) any acts or activities of Mortgagor, it's agents, employees
or contractors, at, on or about the Mortgaged Property which contaminate air,
soils, surface waters or groundwaters over, on or under the property; (ii)
arising from or out of any Hazardous Substance on, in or under the Mortgaged
property; (iii) pursuant to or in connection with the application of any
Environmental Law to the acts or omissions of Mortgagor or any other person and
any environmental damage alleged to have been caused, in whole or in part, by
the transportation, treatment, storage, or disposal of any Hazardous Substance;
or (iv) arising from or in relation to the presence, whether past, present or
future, of any Hazardous Substances on the Mortgaged Property;

         Without limiting the foregoing, this indemnification provision
specifically protects the Mortgagee against any claim or action from activities
described in (I), (ii), (iii) or (iv) above, based

                                       12
<PAGE>

in whole or in part upon any environmental statute, rule, regulation or policy,
including but not limited to Chapters 403 and 376, Florida Statutes, the Florida
Administrative Code, the Comprehensive Environmental Response, Compensation and
Liability Act of 1980, ("CERCLA") 42 USC Section 9601, et seq., as amended, the
Resource Conservation and Recovery Act, 42 USC Section 6901, et seq., and other
laws, whether now in existence or enacted in the future.

         Mortgagor's indemnification obligation hereunder shall be one of strict
liability and shall be enforceable without regard to any fault or knowledge of
Mortgagee with respect to any act or omission or condition or event which is the
basis of the claim under such indemnification obligation. Mortgagor's obligation
under this section shall not be limited to any extent by the term of the
Guaranty or other obligations secured hereby, and such obligation shall
continue, survive and remain in full force and effect notwithstanding payment in
full or other satisfaction or release of said Guaranty (and other obligations
secured hereby) and this Mortgage, or any foreclosure under this Mortgage, or
any delivery of a deed in lieu of foreclosure. The provisions of this section
shall be deemed to survive and continue in full force and effect after any
foreclosure or other proceeding by which the Mortgagee, and its successors and
assigns succeed to ownership of the Mortgaged Property.

         As used herein, "Environmental Law" means any federal, state, or local
statutory or common law relating to pollution or protection of the environment,
including without limitation, any common law of nuisance or trespass, and any
law or regulation relating to emissions, discharges, releases or threatened
releases of Hazardous Substances into the environment (including without
limitation, ambient air, surface water, groundwater, land surface or subsurface
strata) or otherwise relating to the manufacture, processing, distribution, use,
treatment, storage, disposal, transport or handling of Hazardous Substances.

         As used herein, "Hazardous Substance" means any substance or material
(i) identified in Section 101(14) of CERCLA, 42 USC Section 9601(14), as the
same may be amended from time to time, or (ii) determined to be toxic, a
pollutant or contaminant, under federal, state or local statute, law, ordinance,
rule or regulation or judicial or administrative order or decision, as same may
be amended from time to time, including but not limited to petroleum and
petroleum products as defined in Sec. 376.301(10), Florida Statutes, as same may
be amended from time to time.

         (h)      Upon the occurrence of an uncured event of default or if an
Environmental Complaint is outstanding, Mortgagee shall have the right, in its
sole discretion, to require Mortgagor to perform or obtain (at Mortgagor's
expense) an environmental audit and, if deemed necessary by Mortgagee, an
environmental risk assessment, each of which must be satisfactory to Mortgagee
in its sole discretion, of the Mortgaged Property, hazardous waste management
practices and/or hazardous waste disposal sites used by Mortgagor. Such audit
and/or risk assessment must be by an environmental consultant satisfactory to
Mortgagee. Should Mortgagor fail to perform such environmental audit or risk
assessment within 30 days of the Mortgagee's written request, Mortgagee shall
have the right but not the obligation to retain an environmental consultant to
perform such environmental audit or risk assessment. All costs and expenses
incurred by Mortgagee in the exercise of such rights shall bear interest at the
default rate set forth in the Guaranty and shall be secured by this Mortgage and
shall be payable by Mortgagor upon demand or added to Mortgagor's obligations
under the Guaranty, at the discretion of the Mortgagee.

                                       13
<PAGE>

         (i)      Any breach of any warranty, representation or agreement
contained in this Section shall be an Event of Default hereunder and shall
entitle Mortgagee to exercise any and all remedies provided in this Mortgage, or
otherwise permitted by law.

         20.      Required Notices; Certificates. Mortgagor shall notify
Mortgagee promptly of the occurrence of any of the following:

         (a)      a fire or other casualty causing damage to the Mortgaged
Property;

         (b)      receipt of notice of eminent domain proceedings or
condemnation of the Mortgaged Property;

         (c)      receipt of notice from any governmental authority relating to
the structure, use or occupancy of the Mortgaged Property or any real property
adjacent to the Mortgaged Property;

         (d)      receipt of any notice of default from the holder of any lien
or security interest in the Mortgaged Property; or

         (e)      commencement of any litigation affecting the Borrower or
Mortgaged Property which seeks equitable relief, or in which the amount at issue
(either in such litigation alone or in combination with any other then pending
litigation) exceeds $50,000.00; and

         21.      Notices. All notices, demands and requests which are required
or permitted to be given or served hereunder shall be in writing and shall be
deemed given when sent by registered or certified mail, postage prepaid, to the
addressee at the address set forth above, and that such address may be changed
from time to time by either party by serving notice as herein provided.

         22.      Counterparts and Multi-County Recording. Because the Mortgaged
Property includes real property located in two counties within the state of
Florida, this Mortgage is being executed in two counter-part originals which
Mortgagor and Mortgagee covenant and agree shall be considered a single mortgage
for purposes of foreclosure or enforcement of other rights and obligations of
the Mortgagor and Mortgagee notwithstanding the execution of such counterparts.
One of such counter-parts shall be simultaneously recorded in every County in
which any portion of the Mortgaged Property is located. Documentary Stamps and
Intangible Taxes shall be paid to the Clerk of Circuit Court of Manatee County
and evidence of such payment and shall be affixed to the counter-part original
Mortgage recorded at Official Record Book _____, Page _____, of the Public
Records of Manatee County, Florida.

         23.      MISCELLANEOUS.

         (a)      Survival of Warranties. All representations, warranties and
covenants of Mortgagor contained herein or incorporated by reference shall
survive and shall remain continuing obligations, warranties and representations
of Mortgagor during any time when any portion of the obligations secured by this
Mortgage remain outstanding.

         (b)      Waiver of Jury Trail. MORTGAGEE AND MORTGAGOR HEREBY
KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVE THE RIGHT EITHER MAY HAVE TO A
TRIAL BY JURY IN RESPECT OF ANY LITIGATION BASED HEREON, OR ARISING OUT OF,
UNDER OR IN CONNECTION WITH THIS AGREEMENT ANY AGREEMENT CONTEMPLATED TO BE

                                       14
<PAGE>

EXECUTED IN CONJUNCTION HEREWITH, OR ANY COURSE OF CONDUCT, COURSE OF DEALING,
STATEMENTS (WHETHER VERBAL OR WRITTEN) OR ACTION OF EITHER PARTY. THIS PROVISION
IS A MATERIAL INDUCEMENT FOR THE MORTGAGEE MAKING THE LOAN TO MORTGAGOR.

         (c)      Time is of the Essence. Time is of the essence hereof.
Mortgagor waives all rights of homestead and other exemptions granted by the
constitution and laws of Florida. The terms "Mortgagor" and "Mortgagee" as used
herein shall include their respective heirs, devisees, personal representatives,
grantees, successors and assigns. The term "Mortgagor" shall include each person
signing this Mortgage, jointly and severally. Whenever used, the singular number
shall include the plural, the plural the singular, and use of any gender shall
include all genders. The terms "person" and "party" shall include individuals,
firms, associations, joint ventures, partnerships, estates, trusts, business
trusts, syndicates, fiduciaries, corporations and all other groups or
combinations. Titles of paragraphs contained herein are inserted only as a
matter of convenience and for reference, and in no way define, limit, extend, or
describe the scope of this Mortgage or the intent of any provisions hereunder.
This Mortgage, the Guaranty, and all loan documents executed in connection
herewith shall be construed under Florida law.

         (d)      No Waiver. No delay or omission of Mortgagee or of any holder
of the Guaranty to exercise any right, power or remedy accruing upon any event
of default shall exhaust or impair any such right, power or remedy or shall be
construed to waive any event of default or to constitute acquiescence therein.

         (e)      Non-Exclusive Remedies. No right, power or remedy conferred
upon or reserved to Mortgagee by the Guaranty, this Mortgage or any other
instrument securing the Guaranty is exclusive of any other right, power or
remedy, but each and every such right, power and remedy shall be cumulative and
concurrent and shall be in addition to any other right, power and remedy given
hereunder or under the Guaranty or any other instrument securing the Guaranty,
now or hereafter existing at law, in equity or by statute.

         (f)      Successors and Assigns Bound. Whenever one of the parties
hereto is named or referred to herein, the heirs, successors and assigns of such
party shall be included and all covenants and agreements contained in this
Mortgage, by or on behalf of Mortgagor or Mortgagee, shall bind and inure to the
benefits of their respective heirs, successors and assigns, whether or not so
expressed.

         (g)      Miscellaneous. In the event that any of the covenants,
agreements, terms or provisions contained in the Guaranty, this Mortgage or any
other instrument securing the Guaranty shall be invalid, illegal or
unenforceable in any respect, the validity of the remaining covenants,
agreements, terms or provisions contained herein and in the Guaranty and any
other instrument securing the Guaranty shall be in no way affected, prejudiced
or disturbed thereby.

         (h)      Attorney's Fees. The term "attorney's fees" as used in this
Mortgage include any and all legal fees of whatever nature including, but not
limited to, the fees and expenses of legal assistants, investigators, and the
like, reasonably necessary to prosecute any claim or action and fees resulting
from any appeal of an interlocutory order or final judgment or any other
appellate proceeding arising out of any litigation.

                                       15
<PAGE>

         TO HAVE AND TO HOLD the above granted and described Mortgaged Property
unto Mortgagee, its successors and assigns forever; provided, however, that if
Mortgagor shall pay the Secured Indebtedness and shall well and truly keep,
observe and perform all the other covenants and stipulations of this Mortgage,
the Guaranty and other loan documents executed in connection herewith, then this
conveyance of mortgage shall become null and void, but otherwise shall remain in
full force and effect.

         IN WITNESS WHEREOF, Mortgagor has caused this Mortgage to be signed on
the date above written.

Witnesses:

                                                CONSOLIDATED RESOURCE RECOVERY,
                                                INC., a Delaware corporation

"Melanie Markowsky"
-------------------
Print Name:  Melanie Markowsky

                                                By: "Doug Halward"
                                                --------------------------------
"James Sutcliffe"                               Doug Halward, as its President
------------------
Print Name:  James Sutcliffe

CANADA
Province of British Columbia
City of Vancouver

         The foregoing instrument was acknowledged before me this 10th day of
February, 2004, by Doug Halward, as President of Consolidated Resource Recovery,
Inc., a Delaware corporation, on behalf of the corporation who is personally
known to me or has produced a driver's licence as identification, and did take
an oath.

                                              "James Sutcliffe"
                                              ----------------------------------
                                              Notary Public

                                              James Sutcliffe
                                              ---------------
                                              (Type or Print Notary Name Here)
                                              Notary Commission Number:_________
My Commission Expires:  N/A

(Affix Notary Seal)                           James E. Sutcliffe
                                              P.O. Box 11130 Royal Centre
                                              1055 West Georgia Street
                                              Vancouver, B.C. V6E 3R3
                                              Barrister & Solicitor

                                       16
<PAGE>

                                   EXHIBIT "A"
                               LEGAL DESCRIPTIONS

Parcel 1:

From the Southwest corner of Section 20, Township 35 South, Range 18 East, run S
89(degree)26'24" E, along the South line of Section 20, a distance of 1634.16
feet; thence N 00(degree)00'00" E. a distance of 26.40 feet to the Northerly
maintained right of way of Whitfield Avenue also being the Point of Beginning;
thence continue N 00(degree)00'00" E, a distance of 1302.75 feet; thence S
89(degree)27'16" E along the North line of the South -1/2 of the Southwest 1/4,
a distance of 400.38 feet; thence S 00(degree)01'32" W, along the Westerly
surveyed and occupied line as shown on survey by Leo Mills & Associates, Job No.
A847 dated 3/21/84, a distance of 265.60 feet; thence S 86(degree)26'13" E,
along the South line of said surveyed property, a distance of 3.47 feet; thence
S 00(degree)26'44" W, along the West line of Balvansun Subdivision, recorded in
Plat Book 26, Page 91, and Four Star Industrial Park Subdivision recorded in
Plat Book 23, Page 22, of the Public Records of Manatee County, Florida also
being the East line of Northwest 1/4 of the Southeast 1/4 of the Southwest 1/4
and the East line of the Southwest 1/4 of the Southeast 1/4 of the Southwest 1/4
a distance of 1038.32 feet; thence N 89(degree)15'05" W, along the Northerly
maintained right of way line of Whitfield Avenue, a distance of 395.66 feet to
the Point of Beginning.

Parcel 2:

Lot 69, HAMPTON GREEN, UNIT II, as per plat thereof recorded in Plat Book 26,
Page 164 of the Public Records of Manatee County, Florida.

Parcel 3:

Lot 8, PINELLAS GROVES, Southeast 1/4, Section 10, Township 30 South, Range 16
East, Less Road Right-of-Way on West, Less the East 132 feet thereof and the
following easements of record:

Easement to Florida Power Corporation recorded April 25, 1990 in O.R. Book 7259,
Page 538.

Easement to City of Pinellas Park recorded May 8, 1984 in O.R. Book 5755, Page
72.

Easement to City of Pinellas Park recorded May 8, 1984 in O.R. Book 5755, Page
73.

Reservations contained in Deed No. 2692 from the Trustees of the Internal
Development Fund of the State of Florida, dated April 19, 1945 and recorded May
14, 1945 in Deed Book 1012, Page 111.

                                       17
<PAGE>

                                   EXHIBIT "B"
                              EXISTING ENCUMBRANCES

As to Parcel 1. Mortgage given by Consolidated Resource Recovery, Inc., in favor
of Bank of America, N.A., dated April 11, 2003 and recorded May 2, 2003 in
Official Records Book 1824, Page 2350, of the Public Records of Manatee County,
Florida, in the original principal amount of $850,000.00.

As to Parcel 1. UCC-1 Financing Statement between Consolidated Resource
Recovery, Inc, Debtor, and Bank of America, N.A., Secured Party, recorded May 2,
2003 in Official Records Book 1824, Page 2360, of the Public Records of Desoto
County, Florida.

                                       18

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