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Being a parcel of Iand located on an <br />island in the Indian River on the South <br />side o` Wabasso Road in Section 27, <br />Township 31 South, Range 39 East, Indian <br />River County, Florida, the boundary of <br />which is more particularly described by <br />metes and bounds as follows: <br />From the Northeast corner of aforesaid <br />Section 27, Township 31 South, Range 39 <br />East, run North 880 34' 54" West, a <br />distance of 683 feet; thence run South <br />470 53' 56" West, a distance of 595 feet <br />to a point near the East end of the East <br />Wabasso Bridge; thence run South 511 47' <br />56" West near the centerline of <br />aforesaid bridge, a distance of 1482.52 <br />feet to a point near the West end of the <br />aforesaid bridge; said point being the <br />point of beginning. From the point of <br />beginning, run South 5411 38' 25" East on <br />a tine offshore of the aforesaid island, <br />a distance of 982.38 feet; thence run <br />South 211 47' East, a distance of 575.04 <br />feet; thence run South 3811 13' West, a <br />distance of 725.8 feet to a concrete <br />monument on the shore of aforesaid <br />island; thence continue South 381 13' <br />West, a distance of 101.55 feet to a <br />point in the Indian River; thence run <br />South 591 48' 47" West, a distance of <br />683.54 feet to a point in the Indian <br />River; thence run North 331 07' 54" <br />West, a distance of 1695.41 feet to a <br />point on the West Wabasso Bridge; thence <br />following near the centerline of the <br />Wabasso Road, run North 560 03' 06" <br />East, a distance of 880 feet to a point <br />where the Wabasso Road intersects with <br />the Pine Island access road; thence run <br />North 600 17' 21" East, a distance of <br />208.02 feet; thence run North 511 47' <br />56" East, a distance of 132.48 feet to <br />the Point of Beginning. All the above <br />less right of ways for Wabasso Road and <br />Pine Island Access road. Containing 51 <br />acres, more or less. <br />EXHIBIT "A" <br />0. R. 0763 PG <br />1666 <br />