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EXHIBIT `B" <br />Permitted Title Exceptions <br />1. Ad valorem taxes and assessments for the year 2008 and subsequent years, not yet due <br />and payable. <br />2. Any rights, interest, claims or matters shown or depicted on that certain ALTA/ACSM <br />Land Title Survey, entitled "Gordon S. Nutt Parcel," dated June 15, 2005 (Job No. 047476000), prepared <br />by Kimberly -Horn and Associates, Inc., Vero Beach, Florida, under the seal and certification of E.C. <br />Demeter, Florida Board of Professional Land Surveyors No. 5179. <br />3. Zoning, restrictions, reservations, prohibitions and other requirements imposed by <br />governmental authorities. <br />4. <br />The restrictions <br />regarding <br />public <br />use set forth in the form of Special <br />Warranty Deed <br />attached as <br />Exhibit <br />"C" below. <br />January S. 2008 <br />B-1 <br />