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EXHIBIT "B" ~
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Permitted Encumbrances ~
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1. Ad valorem taxes for the year 1988 and subsequent years.
2. Restrictions, reservations and easements affecting the
subject property, as reserved and shown on that certain Plat of
Subdivision recorded in Plat Book 20, at Page 14, 14A through
14C, St. Lucie County, Florida public records.
3. Easements affecting the subject property, as reserved
and shown on that certain Plat of Subdivision recorded in Plat
Hook 24, at Page 9, aforesaid records.
4. Easement to Florida Power and Light Company as recorded
in Official Records Book 445, at Page 2166, aforesaid records.
~ 5. Easement to American Telephon~ and Telegraph Company as
~ granted in that certain instrument dated July 3, 1947, filed
' .7uly 14, 1947, and recorded in Deed Book 136, at Page 304, ~
aforesaid records.
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6. Reservations contained in that certain Deed from s
Trustees of the Internal Improvement Fund to I. C. Helmly =
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Furniture Company, filed December 31, 1944, recorded in Deed
Book 114, at Page 195, aforesaid records. The road right-of-way
reservation was released in that certain instrument recorded in
Official Records Sook 390, at Page 1503, aforesaid records.
7. The Premises lie within Midport St. Lucie Assessment !
District No. 1, and in an area deemed by the Florida Division of ~
State Planning to be a Development of Regional ~mpact, as ~
disclosed by the Deed from General Development Corporation to ~
Sorrell I. Strauss, as Trustee, recorded in Official Records '
Book 384, at Page 81, aforesaid records. '
8, Conditions and restrictions contained in the Deed
referred to in Item 7 hereinabove,~other than the mortgage
referred to in condition 1 of said Deed.
9. Al1 matters of survey shown on that certain plat of
survey entitled "As Built Survey for National HealthCorp L.P. of
Hearthstone Convalescent Center," dated September 1, 1987, and
last revised January 19, 1988, prepared by Robert Filledes Lloyd,
Florida Registered Land Surveyor Np. 944, of Lloyd & Associates, ,
Inc., Engineers and Surveyors.
BOUI~~~~ PACE J05