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From the point of beginning run the following three courses along the north right-of-way of 53`( Street (Kingsberry Road): north 89°56'56" west, a distance of 894.66 feet; north 00°49'12" east, a distance of 10.00 feet; north 89°56'56" west, a distance of 803.80 feet to a point of curvature of a non -tangent curve; from said point of curvature run northwesterly along the arc of a curve concave to the northeast having a radius of 16528.86 feet, a central angle of 01°21'03", subtended by a chord bearing and distance of north 15°35'09" west, 389.70 feet, an arc distance of 389.71 feet to a point of tangency; thence run north 14°54'38" west along a line 600 feet easterly and parallel with the east right-of-way of U.S. Highway Number 1 (State Road Number 5), a distance of 874.14 feet to the south right-of-way of Indian River Farms Water Control District's North Relief Canal; thence run north 62°34'20" east along said south right-of-way, a distance of 2220.65 feet to a point of curvature of a curve concave to the southeast having a radius 917.71 feet, a central angle of 06°09'14", subtended by a chord bearing and distance of north 65°38'57" east, 98.52 feet, an arc distance of 98.57 feet to the aforementioned east line of the southwest quarter; thence run south 00°49'12" west along said east line, also being the west line of the "River Club" Subdivision, as recorded in Plat Book 12, Page 64 through 64 E, Public records of Indian River County, Florida, a distance of 2295.34 feet to the point of beginning; AND THE NORTH 20 ACRES OF THE NORTHEAST QUARTER OF THE NORTHWEST QUARTER OF SECTION 23, TOWNSHIP 32 SOUTH, RANGE 39 EAST, LYING EASTERLY OF THE EAST RIGHT OF WAY LINE OF INDIAN RIVER BOULEVARD 200' WIDE RIGHT OF WAY; AND THE SOUTH 60.00 FEET OF THE EAST 709.07 FEET OF THE SOUTHWEST 1/4 OF SECTION 14, TOWNSHIP 32 SOUTH, RANGE 39 EAST, LYING SOUTH OF THE SOUTH RIGHT-OF-WAY LINE OF THE INDIAN RIVER FARMS WATER CONTROL DISTRICT NORTH RELIEF CANAL; AND A PARCEL OF LAND IN THE NORTH 20 ACRES OF THE NORTHEAST 1/4 OF THE NORTHWEST 1/4 OF SECTION 23, TOWNSHIP 32 SOUTH, RANGE 39 EAST, BEING MORE PARTICULARLY DESCRIBED AS COMMENCING AT THE NORTHEAST CORNER OF THE NORTHWEST 1/4 OF SAID SECTION 23, RUN NORTH 89° 42'16" WEST ALONG THE SAID SECTION 23, A DISTANCE OF 49.10 FEET TO THE POINT OF BEGINNING; FROM SAID POINT OF BEGINNING CONTINUE NORTH 89° 42'16" WEST ALONG SAID SOUTH LINE OF SECTION 23, A DISTANCE OF 660.00 FEET TO THE EAST RIGHT-OF-WAY LINE OF INDIAN RIVER BOULEVARD (200 FEET RIGHT- OF-WAY); THENCE RUN SOUTH 00°.17'45" WEST ALONG SAID EAST RIGHT-OF-WAY LINE, A DISTANCE OF 75.00 FEET; THENCE RUN NORTH 45° 17'44" EAST, A DISTANCE OF 56.57 FEET; THENCE RUN SOUTH 89° 42'16" EAST AND PARALLEL TO SAID NORTH LINE OF SAID SECTION 23, A DISTANCE OF 620.00 FEET; THENCE RUN NORTH 00° 17'58" EAST A DISTANCE OF 35.00 FEET TO THE POINT OF BEGINNING; AND A HIATUS OF LAND CREATED BY LEGAL DESCRIPTIONS OF PARCELS LYING SOUTH OF THE NORTH 20 ACRES OF THE NORTHEAST 1/4 OF THE NORTHWEST 1/4 AND NORTH OF THE NORTH 1/2 OF THE SOUTH 1/2 OF THE NORTHEAST 1/4 OF THE Wil-srvOl\MAUSC\398307v02\8JC302!.DOC\I I/12/02 \24380.010100