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EXHIBIT B
PERMITTED TI'I'LE EXCEPTIONS ;
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1. Taxes and asses~ments for the ysar 1986 anc3 subsequent years. 3
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2. Encroachmen~s, overlaps, baundary line disputes, and any other ~
matters which wuld be disclosed by an accurate survey ~nd inspection ~
of the pren~ises. ~
3. Easements or cl~ims of easements not shown by the public
records. ~
4. This ~olicy does not insure the ~itle to any lands lying seaward ;
of the mean high water line of the Atlantic Ocean as shown on the
survey by Mathers & Associates of Stuart, Florida, dated November 14, ~
1984, Job Number 491 -O1, File Number 491-01, ~
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5. Littoral rights are neither guaranteed nor insured. _
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6. The rights of the public acquired by previous adverse use or by
virtue of local custam with respect to the special nature of seaside
beaches, to use any part of the land seaward of the natural line of
vegetation or of the extreme high water line, as to the public beach
or recreation area, as said vegetation ].ine is shown on the survey
identified in Item #6 her~inabove.
7. Coastal Construction Setback I,ine, as set forth in Plat Book 16,
Page 32, St. Lucie County, Florida, public recorcls, as shown on the
~ survey identi£ied in Item ~6 hereinabove.
E 8. Mortgage from Jupiter Beach Corp., a Florida corporation to The
Howard Savings Bank, a New Jersey corporation, dated December 28,
1984, filed December 31, 19$4 and recorded in Official Records Book
452, Page 476, St. Lucie County, F~orida, public records. '
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9. Unif orm Commercial Code - Financing Statement from Jupiter Beach ~
F~ Corp., ~o Tr,e Howard Savings Bank, filed December 31, 1984 and ;
recorded in Official Records Book 452, Page 516, St. Lucie County,
Florida, public records.
10. Note and Mortg~ge Modification Agreement between Hutchinson
Island Hotel, Inc., a Florida corporati~on, and The Howard Savings
- Bank, a New Jersey Savings Bank, dated May 1, 1986 and recorded on May
28, 1986 in O.R. Book 501, Page 1853, Public Records of St. Lucie
County, Florida.
~ 11. Easement and Maintenance Agreement between Jupiter Beach Corp.,
~ and Ocean Dunes of Hu~chinson Island Condominium Association, Ine.,
i dated December 2~, 1984, filed December 31, I984 and recorded in
Official Records Book 452, Page 461, St. Lucie County, Florida, public
records. ~
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j= 12. Easement Deed for Utilities between Jupiter Beach Corp., and
Villa Del So1, Inc., a Gondominium Association, dated December 2~,
1984, filed December 31, 1984 and recorded in Official Records Book
- 452, Page 467, St. Lucie County, Florida.
13. Easement Deed for Utilities between Jupiter Beach Corp., and
Ocean Dunes of Hutchinson Island Condominium Agsociation, Inc., dated
December 28, 1984, filed December 31, 1984 and recorded in Official
R~cords Book 452, Page 470, 5t. Lucie County, Flori~a, public records.
14. Easement need for Encroachments between Jupiter Beach Corp., and
; Qcean Dunes of Hutchinson Island Condomin~um Association, Znc., dated
~ December 28, 1984, filed December 31, 1984 and recorded in Official ~
! Records Book 452, Page 473, St. Lucie County, Florida, public
' records.
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