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Old Republic National Title Insurance Company
<br />AMERICAN LAND TITLE ASSOCIATION
<br />COMMITMENT
<br />Schedule B -II
<br />Issuing Office File Number: 588.010
<br />Exceptions
<br />THIS COMMITMENT DOES NOT REPUBLISH ANY COVENANT, CONDITION, RESTRICTION, OR
<br />LIMITATION CONTAINED IN ANY DOCUMENT REFERRED TO IN THIS COMMITMENT TO THE EXTENT
<br />THAT THE SPECIFIC COVENANT, CONDITION, RESTRICTION, OR LIMITATION VIOLATES STATE OR
<br />FEDERAL LAW BASED ON RACE, COLOR, RELIGION, SEX, SEXUAL ORIENTATION, GENDER IDENTITY,
<br />HANDICAP, FAMILIAL STATUS, OR NATIONAL ORIGIN.
<br />The Policy will not insure against loss or damage resulting from the terms and provisions of any lease or easement
<br />identified in Schedule A, and will include the following Exceptions unless cleared to the satisfaction of the Company:
<br />1. Defects, liens, encumbrances, adverse claims or other matters, if any, created, first appearing in the Public Records
<br />or attaching subsequent to the Commitment Date hereof but prior to the date the Proposed Insured acquires for value
<br />of record the estate or interest or Mortgage thereon covered by this Commitment.
<br />Z. a. General or special taxes and assessments required to be paid in the year 2022 and subsequent years.
<br />b. Rights or claims of parties in possession not recorded in the Public Records.
<br />C. Any encroachment, encumbrance, violation, variation or adverse circumstance that would be disclosed by an
<br />inspection or an accurate and complete land survey of the Land and inspection of the Land.
<br />d. Easements or claims of easements not recorded in the Public Records.
<br />e. Any lien, or right to a lien, for services, labor or material furnished, imposed by law and not recorded in the
<br />Public Records.
<br />3. Any Owner's Policy issued pursuant hereto will contain under Schedule B the following exception: Any adverse
<br />ownership claim by the Stale of Florida by right of sovereignly to any portion of the Land insured hereunder,
<br />including submerged, filled and artificially exposed lands, and lauds accreted to such lands.
<br />4. Rights of the lessees under unrecorded leases.
<br />5. All canals, ditches, and rights-of-way, if any, over captioned property as reserved on the last general plat of lands of
<br />the Indian River Farms Company Subdivision, as set forth in Plat Book 2, Page 25, Public Records of St. Lucie
<br />County, Florida; said lands now lying and being in Indian River County, Florida.
<br />6. Easement to Florida Power and Light Company recorded in O.R. Book 373, Page 464, Public Records of Indian
<br />River County, Florida.
<br />7. Subject to automatic phosphate, metals, minerals and petroleum reservations by virtue of Sec. 270.11(1), F.S., under
<br />deed recorded in O.R. Book 849, Page 2257, Public Records of Indian River County, Florida. Note: This exception
<br />may be deleted upon compliance with obtaining release as referenced in in Schedule BI hereof. REVISED
<br />This page is only a part of a 2016 ALTA Cmnmitment for Title Insurance. 71ils Commihnent is not valid without the Notice; the Commillment to Issue
<br />Policy; the Commihnent Conditions; Schedule A; Schedule B, Part I — Requirements; and Schedule B, Part 11— Exceptions
<br />Page 4 of 4
<br />FORM CF611 SCli. B-I1(8/l/l6)(With Florida Modifications) DoubleTlme4l) 9.2
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