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Debtor's interest under a pro~~ri~tary le<<se b°~t~a~:en C~CEAN RESuk'I'S
CO-OP, INC., as Lessor ancl Debtar as Lesse^ in Ca~npsite No. ~~, zn
BRYN bL~WR ~JCEAN RESORTS, a campsite cooperative situate on cE.rt~n
real property in St. Lucie County, Florida, more ~articularly described
as f~llows:
T}ie South 1000 feet of that part :~f_ Government Lot 3, Section
11, Townsnip 34 South, Range 40 Cast as nieasured ~long the
East right-of-way oP State Foad A-1-A and lying East of said
right-of-way; T~yeth~r with all of that property lying South
af a line running from East to West from the Atlantic Ocean
to the Indian River 3828.75 feet Soukh of and parallel to the
North line of~Sections 9, 10 and 11, Township 34 South, Range
90 East, and lying West of the ~r'est right-of-~~ray o~ State Road
A-1-A, less the following described oarcel:
Parcel No. 1. Beginning at a poii~t on Lhe South Iine ot
Suction 11, Townshi~ 3~l South, Rt~n~e 40 E~st said poirit t,einy
262 feet taest of the intersertion o£ tlie West ricjht-of-way of
State Ro~id A-i-.•l •and the South linc e£ said Sectioi;'ll; :hence
run ~7orth at ~-~ ri.ght anyle to the :;~~id South line a c~ist~~nce
~~ 207 feet; Thence run .t~test and ~~~iral.~cl to ,~he said ::~utl: line
a-..iistance of_ 132 f`ct; Thenr_e rlin So1th to a point on Lry~~ said
~outh line of 5ection 11; Th~nc~ rcin East ;~lon~~ the South l i~~e
o•_` Section 11 a clistar.ce of ~32 ic~et L-~ the noi~~t of be~inr.ing.
'I't~yc~ i~_~: ~ir.iple t~ ttc~ ~~ ~,:~;c~ l~,r.ds is <<•~~:c~_! ~,y OCF."~,; RES~jt'i'~ ~'c~-~~P,
7:~C. ,.~ r lor. ici~ cor~~-~r~~tion orqat~ i zc~c~ t-c~ E~r<:vi cii: an c~Ilt2tf to :.Fz:~rat-e
tne aior~~~entio~i~d co~~;>c~r~tive. Sa ~ 3 1~~r~ci_~ .~rt~ 1_ccate:~ on .i~>rt:h
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EXHIBIT "11"
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