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Fidelity National Title <br />Insurance Company <br />Commitment No: CD08-112942 - <br />Agent File No: <br />SCHEDULE B II <br />(Exceptions) <br />Schedule <br />B of the policy or <br />policies to be issued will contain <br />exceptions to <br />the following matters unless <br />the same <br />are disposed of to <br />the satisfaction of the Company: <br />1. Defects, liens, encumbrances, adverse claims or other matters, if any, created, first appearing in the <br />public records or attaching subsequent to the effective date hereof but prior to the date the Proposed <br />Insured acquires for value of record the estate or interest or mortgage thereon covered by this <br />Commitment. <br />2. All assessments and taxes for the year 2008 and all subsequent years, which are not yet due and <br />payable. <br />Taxes were wholly exempt for the year 2007 as follows: <br />Tax ID: 32-38-07-00000-1000-0000110 <br />Note: Tax ID includes additional lands. <br />3. Any lien, or right to a lien, for services, labor or material heretofore or hereafter furnished, imposed <br />by law and not shown by the public records. <br />4. Any encroachments, easements, measurements, variations in area or content, party walls or other facts <br />which a correct survey of the premises would show. <br />5. Rights or claims of parties in possession not shown by the public records. <br />6. Conditions, Covenants, Stipulations and Agreements as set forth and contained in that Warranty Deed <br />from Graves Brothers Company to Alto Adams and Irlo Bronson, recorded April 10, 1943 in Deed <br />Book 34, Page 527, Public Records of Indian River County, Florida, <br />7. Terms of that Beneficial Drainage Lasement granted by the Sebastian River Drainage District to <br />Graves Brothers Company, a Florida corporation, recorded April 10, 1943 in Deed Book 36, Page <br />182, as affected by Agreement by and between Herschel A. Auxier and Lucy Pope Auxier, his wife <br />and Hugh Corrigan and C.E. Corrigan, his wife, recorded in Official Records Book 3, Page 470; and <br />as af€ected by that Final Decree recorded in Official Records Book 255, Page 267, Public Records of <br />Indian River County, Florida. <br />8. Reservation of one-half of all oil, gas and minerals of every kind and nature in, on and under, and that <br />may be produced from, the lands herewith conveyed as set forth and reserved by Herschel A. Auxier <br />and Lucy Pope Auxier, his wife in Warranty Deed recorded January 15, 1949 in Deed Book 52, Page <br />122, without right of entry however, as affected by conveyance thereof to Herschel A. Auxier, Jr., as <br />trustee of the Lucy P. Auxier Trust dated October 16, 1976, by Special Warranty Deed recorded May <br />12, 2000 in Official Records Book 1332, Page 2486, Public Records of Indian River County, Florida. <br />FORM24 -U-A ExHrEiT C <br />ALTA COL1Lq{MENT(l96ry <br />465 <br />