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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. The restrictions regarding public use set forth in the form of Special Warranty Deed <br /> attached as Exhibit "C" below. <br /> January S. 2008 <br /> B- 1 <br />