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EXHIBIT "B" <br />TITLE EXCEPTIONS <br />CHICAGO TITLE INSURALNCE COMPANY <br />SCHEDULE B <br />Policy Number: 10 2871 106 00000001 <br />This policy does not insure against loss or damage (and the Company will not pay costs, <br />attorneys fees or expenses) which arise by reason of: <br />General Exceptions: <br />Any claim that any portion of said lands are sovereignty lands of the State of Florida, <br />including submerged, filled or artificially exposed lands and lands accreted to such lands. <br />2. Taxes and assessments for the year 1999 and subsequent years. <br />3. Restrictions, reservations, covenants and limitations, according to the instrument recorded <br />in Deed Book 34, page 527, of the public records of Indian River County, Florida. <br />4. Easement in favor of Graves Brothers Company for drainage purposes, as reserved and <br />according to instrument recorded in Deed Book 36, page 182, of the public records of <br />Indian River County, Florida. <br />5. Terms and provisions of that certain Agreement recorded in Official Records Book 3, <br />page 470, of the public records of Indian River County, Florida. <br />Terms and provisions of that certain Final Decree (Case No. 7120-E, Nineteenth Judicial <br />Circuit, Indian River County, Florida), as recorded in Official Records Book 255, page <br />267, of the public records of Indian River County, Florida. <br />Easement(s) in favor of Florida Power & Light Company for utility purposes, as reserved <br />and according to instrument recorded in Official Records Book 34, page 312, Official <br />Records Book 125, page 255, Official Records Book 194, page 695, Official Records <br />Book 943, page 2449 and Official Records Book 1133, page 833, of the public records of <br />Indian River County, Florida. <br />Tetras and provisions of that certain Agreement between Florida Power and Light <br />Company, and Houston Texas Gas and Oil Corporation, as recorded in Official Records <br />Book 76, page 496, of the public records of Indian River County, Florida. <br />Easement(s) in favor of Florida Gas Transmission Company for pipeline purposes, as <br />reserved and according to instrument recorded in Official Records Book 268, page 502, <br />of the public records of Indian River County, Florida. <br />