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Chicago Title Insurance Company <br />OWNER'S POLICY <br />Schedule B <br />Policy No.: <br />102976106-11 <br />This policy does not insure against loss or damage by reason of the following exceptions: <br />Agent's File Reference: <br />3163.01 <br />1. Taxes or special assessments which are not shown as existing liens by the public records. <br />2. Any claim that any portion of said lands are sovereign lands of the State of Florida, including submerged, filled or <br />artificially exposed lands and lands accreted to such lands. <br />3. Taxes and assessments for the year 2004 and subsequent years, which are not yet due and payable. <br />4. Easement granted to City of Vero Beach Florida recorded in Official Records Book 210, Page 561, of the Public <br />Records of Indian River County, Florida. <br />5. Restrictions and easements contained in Warranty Deed recorded in Official Records Book 210, Page 531, of the Public <br />Records of Indian River County, Florida. <br />6. Restrictive covenants, conditions, restrictions, stipulations and easements contained in Official Records Book 210, Page <br />541, of the Public Records of Indian River County, Florida. <br />7. Road, ditch and canal rights of way as shown on plat of Indian River Farms Co. recorded in Plat Book 2, Page 25, of the <br />Public Records of St. Lucie County, Florida. <br />8. Rights of way and easements for drainage canal as conveyed to Indian River Farms Drainage District in Deed Book 48, <br />Page 23, of the Public Records of St. Lucie County, Florida. <br />9. Right of Way of 26th Street (Also known as Walker Avenue). <br />10. Terms and conditions of that certain Easement Deed by City of Vero Beach to Dodgertown, Inc. recorded in Official <br />Records Book 210, Page 544 and that certain permit by the Indian River Farms Drainage District recorded in Official <br />Records Book 211, Page 649, regarding the right to drain water from a swimming pool, of the Public Records of Indian <br />River County, Florida. <br />11. Easements as set out and reserved by the City of Vero Beach, Florida, in that certain Warranty Deed recorded in Official <br />Records Book 989, Page 2727 of the Public Records of Indian River County, Florida. <br />12. Agreement by and between City of Vero Beach and Dodgertown, Inc. recorded in Official Records Book 210, Page 535, <br />of the Public Records of Indian River County, Florida. <br />13. Title to any portion of the lands described in Schedule A hereof which lie within the right of way of 43rd Avenue is not <br />insured hereby. (As to Parcels 2 and 3 only) <br />14. Facility Lease Agreement, and all amendments thereto, recorded in Official Records Book 1426, Page 0567, Public <br />Records of Indian River County, Florida. <br />15. Effect, if any, resulting from the recording of that certain Memorandum of Understanding recorded in Official Records <br />Book 1567, Page 1188 of the Public Records of Indian River County, Florida. (Note: Said Memorandum of <br />Understanding is not in proper form for recording (not notarized), and, by its terms, appears not to have been intended <br />by the parties to be placed of record). <br />16. First Amendment to Facility Lease Agreement dated June 24, 2004 and recorded July 13, 2004 in Official Records <br />Book 1758, Page 529, of the Public Records of St. Lucie County, Florida. <br />17. Easement for drainage and stormwater management purposes dated June 24, 2004 and recorded July 13, 2004 in <br />Official Records Book 1758, Page 540, of the Public Records of St. Lucie County, Florida. <br />18. Terms and conditions included in Special Warranty Deed dated June 24, 2004 and recorded July 13, 2004 in Official <br />Records Book 1758, Page 526, of the Public Records of St. Lucie County, Florida. <br />Form OPM-SCH. B <br />(rev. 5/94) DoubleTime® <br />