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ADDITIONAL COMMENTS PAGE 2 Borrower or Owner N/A Property Address 4740 58TH AV City VERO BEACH County INDIAN RIVER state FL Zip Code 32967 Lender or Client INDIAN RIVER COUNTY SITE - PARENT PARCEL THE PARENT PARCEL IS AN UNPLATTED PARCEL ABOUT .98 ACRE IN SIZE HAVING FRONTAGE ON 58TH AVENUE OF 146.07 FEET AND DEPTH OF ABOUT 293.46 FEET. THE RIGHTS BEING TAKEN ARE AFFECTED BY A MURPHY DEED RESERVATION THAT EXISTS ON THE FRONT 25 FEET OF THE PART TAKEN PARCEL. A MURPHY DEED IS A RESERVATION HELD BY THE GOVERNMENT THAT ALLOWS IT TO BUILD ROADS ON THE PROPERTY. THESE RIGHTS HOWEVER DO NOT PRECLUDE THE PROPERTY OWNER FROM USING THE PROPERTY UNTIL SUCH USE FOR PUBLIC ROADS ARISE. TYPICALLY THE LOCAL GOVERNMENT THUS DOES NOT ALLOW LAND OWNERS TO IMPROVE SUCH SITES WITH PERMANENT IMPROVEMENTS NOR BUILDINGS. IN THE SUBJECT CASE HOWEVER, THERE ARE DRIVE WAYS, ENTRY IMPROVEMENTS, A FRONTING POND WITH FLOW WELL THAT ARE PART OF THE SUBJECT'S SITE IMPROVEMENTS. THUS THE USE IS GREATER THAN TYPICAL. BASED LARGELY ON THE APPRAISER'S EXPERIENCE, IT IS ESTIMATED THAT THE MURPHY DEED IMPACTS THE FEE TITLE RIGHTS IN A PROPORTION OF ABOUT 50% OF FULL FEE VALUE. THE MURPHY DEED AREA BEING A RESERVATION ON THE FRONT 25 FEET OF THE SUBJECTCT SITE AMOUNTS TO ABOUT 3653 SQUARE FEET OF LAND. THE FEE SIMPLE PORTION OF THE PART TAKEN IS THUS 42 FEET DEEP WITH FRONTAGE OF 146.07 FEET AND CONTAINS ABOUT 6,135 SQUARE FEET. THE PART TAKEN THE PART TAKEN IS THE FRONT (WEST) 167 FEET OF THE PARENT PARCEL AND CONTAINS 9,787 SQUARE FEET. FOR ANALYTICAL PURPOSES THIS IS DIVIDED INTO THE MURPHY DEED AREA OF 3,652 SQUARE FEET AND THE FEE SIMPLE AREA OF 6,135 SQUARE FEET. THE REMAINDER THE REMAINDER SITE HAS SAME FRONTAGE OF 146.07 FEET WITH DEPTH OF ABOUT 226.46 FEET AND CONTAINS 33,079 SF OR ABOUT .76 ACRE. THUS THE SUBJECT REMAINDER SITE IS SUFFICIENT IN SIZE TO SERVICE AS A LARGE RESIDENTIAL SITE IN SUPPORT OF THE EXISTING HOUSE WHICH WILL HAVE A SET BACK OF 63 FEET AFTER THE TAKING. SITE IMPROVEMENTS SITE IMPROVEMENTS - PARENT PARCEL SITE IMPROVEMENTS OF THE SUBJECT INCLUDE AND ENTRY POINT MARKED BY TWO BRICK CONSTRUCTED GATE STANDARDS; CONCRETE DRIVE THAT LEADS TO THE SUBJECT GARAGE AND PROVIDES A CIRCULAR TRAVERSE AROUND EXISTING FRONTING POND THAT IS SERVED BY FLOW WELL. OTHER SITE IMPROVEMENTS INCLUDE AN OLDER FRAME STORAGE SHED AT THE REAR OF THE SITE, ADJACENT CONCRETE SLABS AND WOOD DECK ADJACENT TO THE REAR OF THE SUBJECT RESIDENCES. LANDSCAPING CONSISTS OF GRASS LAWN, FRONTING POND, AND SOME OAK AND PALM TREES ALONG WITH SOME SHRUBBERY MOSTLY AT THE FRONT LAWN AREA. THE TAKING WILL NOT AFFECT CONTRIBUTORY VALUE OF IMPROVEMENTS ON THE REMAINDER EXCEPT FOR THE NEED TO RESTORE FUNCTIONALITY OF CONCRETE ACCESS DRIVE AND RESTORE FRONTING LANDSCAPING. SITE IMPROVEMENTS - THE PART TAKEN THE PART TAKEN INCLUDES THE FOLLOWING SITE IMPROVEMENTS: 1. 2340 SQUARE FEET OF CONCRETE DRIVEWAY. DRIVEWAY IS FUNCTIONAL THOUGH ALSO SHOWS SOME SIGNS OF WEAR ESPECIALLY ALONG MARGINS WHERE BREAK UP IS OCCURRING. 2. THE POND AREA IS MOSTLY LOCATED IN THE AREA OF THE TAKING. THERE IS ABOUT 1800 SF OF THE POND WITHIN THE AREA OF THE TAKING AND ABOUT 900 SF ON THE REMAINDER. 3. FLOW WELL FEEDING THE POND IS SITUATED WITHIN THE AREA OF THE TAKING. 4. LANDSCAPING SPECIMENS IN THE AREA OF THE TAKING CONSIST OF ONE LAUREL OAK IN AVERAGE CONDITION, 3 PALM TREES, 1 SILVER PALM, AND 20 BUCKHORNED SHRUBS ALONG THE FRONT PROPERTY LINE MOSTLY OF OLEANDER, ABOUT 5700 SF OF GRASSED AREA. THE EFFECT OF THE TAKING THE PRINCIPAL EFFECTS OF THE TAKING WILL BE LOSS OF LAND VALUE AND SITE IMPROVEMENTS ON ON THE PART TAKEN. ALSO SEVERANCE DAMAGES WILL RESULT REPRESENTED BY THE NEED TO RESTORE FUNCTIONALITY OF THE THE DRIVEWAY ACCESS SYSTEM AND RE-ESTABLISH LANDSCAPING OF THE FRONT YARD. COST OF THE DRIVE WAY RESTORATION IS UNCERTAIN AND WILL NEED TO BE PLANNED. THE APPRAISER ESTIMATES THAT THE REMAINDER DRIVE WILL PROVIDE ADEQUATE FUNCTIONAL ACCESS TO THE GARAGE AND ALSO PROVIDE A BACK OUT AREA FOR CARS TO HEAD BACK OUT ON THE DRIVE TO THE STREET. THE COUNTY DOES PROVIDE A CONNECTION DURING ROAD CONSTRUCTION SO THE NEED FOR ADDITIONAL CONCRETE WILL BE SMALL. COST TO PROVIDE ACCESS CONNECTION IS ESTIMATED AT $3,000 INCLUDING DESIGN WORK. COST OF LANDSCAPING WILL CONSIST OF FILLING POND ON THE REMAINDER, RESOD, PROVIDE IRRIGATION 225 ARMFIELD & WAGNER Page 3 of 14