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EXHIBIT " B " <br /> LEGAL DESCRIPTION FOR PHASE I AREA : <br /> A PARCEL OF LAND SITUATED INTHE SOUTHEASTOI� E — DARTER OF <br /> COUNTY <br /> SECTION 15 , TOWNSHIP 32 SOUTH , RANGE 39 EAST , INDIAN RIVER <br /> , FLORIDA , LYING NORTH OF 53RD STREET RIGH — OF — WAl' , <br /> EAST OF INDIAN RIVER F,gRMIS WA rr- o <br /> " ' ` r ,� �, , ROL DiS T RiCT LATERAL <br /> HCANAL RIGHT — OF — WAY , SOUTH OF INDIAN RIVER FARMS WATER <br /> CONTROL DISTRICT " NORTH RELIEF CANAL " RIGHT — OF — WAY AND <br /> WEST OF THE FLORIDA EAST COAST RAILWAY RIGHT — OF — AY , SAID <br /> PARCEL BEII'%�IG MORE PARTICULARLY DESCRIBED AS FOLL WS : <br /> COMMENCING AT THE SOUTHEAST CORNER OF SECTION 15 , <br /> TOWNSHIP 32 SOUTH , RANGE 39 EAST RUN NORTH 8908 ' 53 " <br /> WEST ALONG THE SOUTH LINE OF SAID SECTION 15 A DISTANCE OF <br /> 232 . 95 FEET TO THE WEST RIGHT — OF — WAY LINE OF THE� <br /> EAST COAST RAILWAY ( A 100 FEET WIDE RIGHT — OF — WAY ) rTHENDCE <br /> RUN NORTH 15021 ' 44 WEST ALONG SAID WEST RIGHT - 0 — WAY A <br /> DISTANCE OF 155 . 70 FEET TO THE INTERSECTION OF THE NORTH <br /> RIGHT — OF — WAY OF 53rd STREET ( A 150 FEET WIDE RIGH — OF — WAY ) <br /> AND THE POINT OF BEGINNING ; FROM SAID POINT OF BEGINNING <br /> RUN NORTH 89 ° x8 ' 53 " WEST ALONG SAID NORTH RIGHT — '0E — WAY <br /> LINE A DISTANCE OF 652 . 41 FEET , THENCE DEPARTING SAID NORTH <br /> RIGHT — OF — WAY LINE RUN NORTH 00 ° 08 ' 11 " WEST A DISTANCE OF <br /> 745 . 47 FEET TO THE SOUTH RIGHT — OF — WAY LINE OF THE INDIAN <br /> RIVER FARMS WATER CONTROL DISTRICT " NORTH RELIEF CANAL " <br /> RIGHT — OF — WAY ( A 250 FEET WIDE RIGHT — OF WAY ) ; THENCE RUN <br /> SOUTH 85030 ' 22 " EAST ALONG SAID SOUTH RIGHT — OF — WAY LINE A <br /> DISTANCE OF 460 . 12 FEET TO THE AFOREMENTIONED WES <br /> RIGHT - OF - WAY LINE OF THE FLORIDA EAST COAST RAILWAY ; <br /> THENCE RUN SOUTH 15 ° 21 ' 44 " EAST ALONG SAID WEST <br /> RIGHT — OF — WAY LNE A DISTANCE OF 737 . 89 FEET TO THE POINT <br /> OF BEGINNING . <br /> SAID PARCEL LYING AND BEING IN INDIAN RIVER COUNTY F <br /> CONTAINING 9 . 25 ACRES , MORE OR LESS . FLORIDA <br /> SUBJECT TO ALL RESTRICTIONS , RESERVATIONS , ABANDONM NTS , <br /> EASEMENTS AND RIGHTS — OF — WAY OF RECORD . <br /> H : \Drawings\RINKER\Vero North \Developers Agreement\Exhibit-l3. dwq, 0/ 14/2004 2:04: 38 PM, 1 : 100 <br />