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OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY Owner ' s Title Insurance Policy Agent' s File No : 40078206 Policy No : SDC-08089481 SCHEDULE B This policy does not insure against loss or damage (and the Company will not pay costs , attorneys ' fees or expenses ) which arise by reason of: GENERAL EXCEPTIONS : I . (a) Encroachments, overlaps, boundary line disputes, or other matters which would be disclosed by an accurate survey and inspection of the premises . ( b) Easements, or claims of easements , not shown by the public records . (c) If the land described herein abuts a river, lake, stream or other waterway -- - the nature and extent of riparian and/or littoral rights, title to any portion of the land which is submerged, title to any portion below the mean high water mark of a tidal waterway, and title to any portion which consists of " filled-in lands ' ; and/or any claim that any portion of said lands are sovereign lands of the State of Florida . (d) Taxes or special assessments which are not shown as existing liens by the public records . SPECIAL EXCEPTIONS , 2 . The mortgage referred to in item 2 of Schedule A hereof, if any . 3 . General and special real property taxes and assessments for tax year 2010 and subsequent years . 4 . Unrecorded Lease Agreement between Indian River County, a political subdivision of the State of Florida (as Lessor) and Roy Bass and Cindy L . Bass , his wife (as Lessee) . jIn accordance with Title 42 United States Code, Section 3604, any covenants, conditions or restrictions referred to ! herein, which indicate any preference, limitation or discrimination based on race, color, religion, sex, handicap, familial slatals or national origin, are hereby deleted. Note 1 : This policy does not insure against loss or damage arising as the result of unpaid charges for public utilities fitrnished by any county, municipality, or public service corporation , which may be or may become a lien upon the land insured hereby under any provision of the Florida Statutes including Section 159 . 17 ; and/or any county, municipal , or special taxing district assessment, including those levied under the provisions of Chapter 190 , Florida Statutes . Note 2 : All references herein to recorded instruments , refer to recordations contained within the Public Records of the county in which the land is located . Reference to instruments among the Public Records refer to the first recorded page of the instrument, but include by reference all pages recorded under the Clerk's File Number assigned to the instrument referred to . Pol l - Policy Insert Page 3