CN-370000-SL011-T126.pdf

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Master Agreement FL|SL011|0e9c01e5ae519f40b834064844fca243
Contract number
SL011
Issued by
Florida

About this file

This document is a Task Assignment Notification Form issued by the Florida Department of Environmental Protection (DEP) under Contract SL011 for the Tupelo Honey Timberlands project in Gulf County, Florida. The project involves the acquisition of a conservation easement on approximately 2,214.61 acres valued at $7,865,130. The managing agency is the Office of Environmental Services (OES), with Ingka Investments Forest Assets LLC identified as the property owner. Owen Title Company, Inc. (FEID No. 59-2940757) serves as the contractor, with Greg Smith as the Contractor Contract Manager and Casey Jones as the DEP Designated Task Manager.

The task requires Owen Title Company to provide an updated Title Commitment on the parcels described in the assignment, with delivery required within 14 days of task execution or on the best time frame if less, excluding holidays. The contracted rate for Title Search/Closing Commitment services is $200, establishing a total task assignment value of $200. If closing occurs, the contractor will receive additional compensation for the Title Insurance Policy at the promulgated rate and a closing fee of $150, both to be reflected on the HUD/Closing Statement. The task assignment end date is 30 days after closing. Funding is provided through Organizational Code 37102000000, E.O. QH, Fund 423001, Object Code 132600, Budget Entity 37100400, Category 084108, with Project Number FF10624 for Fiscal Year 24, allocated at $200. No minority business enterprise participation is noted for this task assignment.

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TASK ASSIGNMENT NOTIFICATION FORM

DEP CONTRACT NO.

Task Assignment Number: Date:

Project Name:

Owner’s Name: County(s):

Parcel ID:

Managing Agency:

Acreage:

Value:

BLA#:

Contractor: FEID No:

Contractor Contract Manager: Phone Number:

DEP Designated Task Manager: Phone Number:

Subcontractors: (List, if any) ___________________________ MBE:

___________________________________________________ MBE:

DEP Contract Manager: Phone Number:

Task Description (Use additional sheets if necessary): This Task is to provide a Title Commitment on the parcels described above and attached as Exhibit “A” in accordance with the specifications attached as Exhibit “F”.

Deliverable: Contractor shall provide Title Commitment.

Performance Measure: DEP Contract Manager will review deliverable to ensure specifications were met.

Financial Consequences: DEP will not pay for unsatisfactory deliverables. Contractor shall be given the right to remedy at no cost to DEP.

, in approved contracted rates for the Contract Title Closing Services: Title Search/Closing Commitment accordance with the rate schedule attached as Exhibit “B”.

Liquidated Damages Per Day Charges:

Task Assignment Type: Amount Not To Exceed:

FLORIDA DEPARTMENT OF ENVIRONMENTAL

PROTECTION

DEP Contract Manager or designee Date

Fee Schedule

Commitment Only

Total Task Assignment Value

Contract Manager Date Authorized to execute Task Assignments

APPROVED:

Contractual Authority Date

Funding Authority Date

If Closing Occurs: The Contractor will be paid the Title Insurance Policy for Closing (Insurance Premium / Promulgated Rate), and Closing Fee ( on the HUD/Closing Statement.

Title Commitment Due Date: days or best if less, after execution of Task Assignment Task Assignment End Date: days after Closing

FOR DEPARTMENT USE ONLY: Funding Information:

Org. Code E.O. Fund Object

Code Budget Entity

Cat Module Project # Year Amount cc: Procurement Section (MS93) -1 PDF

BLA Number Request and Task Initiation Form

Donations/ Title / ESA Please attach all documentation as backup

From:

Date Requested:

Project Name:

Owners Name:

Parcel Id # /Sheets:

Legal Descriptions:

County:

Acreage:

Value:

Contractor:

Type of Interest Per Title Company:

Managing Agency/ Contact Person:

Funding Source/ Information:

BLA: _______________________

Assigned By: _______________________

Date Assigned: _______________________

TUPELO HONEY TIMBERLANDS_GULF COUNTY

PID numbers Acreage JTAV Assessed 01757000R 264.14 1119400 121917 01770000R 160 641040 61570 01771000R 44.9 151510 13718 02462000R 179.49 547165 53246 02463000R 276 961510 86669 02464000R 607.2 2232755 190107 02465000R 31.6 38495 2898 02467000R 84.8 84800 6360 02468000R 548.6 2044045 165340 02472000R 17.88 44410 4652 Totals 2214.61 7865130 706477

Owner Ingka Investments Forest Assets LLC Ingka Investments Forest Assets LLC Ingka Investments Forest Assets LLC Ingka Investments Forest Assets LLC Ingka Investments Forest Assets LLC Ingka Investments Forest Assets LLC Ingka Investments Forest Assets LLC Ingka Investments Forest Assets LLC

American Land Title Association Commitment for Title Insurance 2021 v. 01.00 (07-01-2021) w-Fl Mod

THE TELEPHONE NUMBER TO PRESENT INQUIRIES OR OBTAIN INFORMATION ABOUT COVERAGE AND TO PROVIDE

ASSISTANCE IS 1-800-669-7450

This page is only a part of a 2021 ALTA Commitment for Title Insurance issued by Fidelity National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I – Requirements; and Schedule B, Part II – Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form.

ALTA Commitment for Title Insurance (7-1-21) w-FL Mod

Copyright 2021 American Land Title Association. All rights reserved.

The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited.

Reprinted under license from the American Land Title Association.

ALTA COMMITMENT FOR TITLE INSURANCE

issued by

FIDELITY NATIONAL TITLE INSURANCE COMPANY

Transaction Identification Data, for which the Company assumes no liability as set forth in Commitment Condition 5.e.:

Issuing Agent: Owen Title Company Issuing Office: 2865 Remington Green Circle

Tallahassee, FL 32308 Issuing Office’s ALTA® Registry ID: N/A Loan ID Number:

Commitment Number: 24-17499

SCHEDULE A

1. Commitment Date: 8:00 AM

2. Policy to be issued:

(a) 2021 ALTA Owner's Policy with Florida Modifications

Proposed Insured: Conservation Fund Proposed Amount of Insurance: $TBD The estate or interest to be insured: FEE SIMPLE

3. The estate or interest in the Land at the Commitment Date is:

Fee Simple

4. The Title is, at the Commitment Date, vested in:

Ingka Investments Forest Assets LLC, a Delaware Limited Liability Company by deed from MKH Land Company, LLC dated 12/22/2021 and recorded with Official Records Department on 12/28/2021 in Book 751, Page 279.

5. The Land is described as follows:

Property description set forth in Exhibit A attached hereto and made a part hereof.

OWEN TITLE COMPANY

2865 Remington Green Circle, Tallahassee, FL 32308 Telephone: (850) 422-2800

Countersigned by:

Greg Smith, License #1080304 Owen Title Company, License #A198122

This page is only a part of a 2021 ALTA Commitment for Title Insurance issued by Fidelity National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I – Requirements; and Schedule B, Part II – Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form.

ALTA Commitment for Title Insurance (7-1-21) w-FL Mod

Copyright 2021 American Land Title Association. All rights reserved.

The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited.

Reprinted under license from the American Land Title Association.

SCHEDULE B, PART I – Requirements

All of the following Requirements must be met:

1. The Proposed Insured must notify the Company in writing of the name of any party not referred to in this Commitment who will obtain an interest in the Land or who will make a loan on the Land. The Company may then make additional Requirements or Exceptions.

2. Pay the agreed amount for the estate or interest to be insured.

3. Pay the premiums, fees, and charges for the Policy to the Company.

4. Documents satisfactory to the Company that convey the Title or create the Mortgage to be insured, or both, must be properly authorized, executed, delivered, and recorded in the Public Records.

Duly authorized and executed Deed from Ingka Investments Forest Assets LLC, a Delaware Limited Liability Company, to Conservation Fund, to be executed and recorded at closing.

5. Proof of payment of any outstanding assessments in favor of Gulf County, Florida, any special taxing district and any municipality.

6. Proof of payment of service charges for water, sewer, waste and gas, if any, through the date of closing.

7. With regards to Ingka Investments Forest Assets LLC:

Review of the original, or a certified copy, of the Articles of Organization, and any amendments thereto, and a true copy of the Operating Agreement to verify who may sign for the company as well as any procedures to authorize such signatory.

Proof that the LLC is active and current in the state within which it was organized.

8. Satisfactory survey, in conformity with the minimum technical standards for land surveys, certified to the company dated no more than 90 days prior to the closing of the subject transaction disclosing the nature and extent of any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title to the Land. Additional Requirements and/or exceptions may be made upon review.

INFORMATION: A search of the public records revealed no open mortgages. Closer to confer with owner and confirm that the property is truly free and clear.

INFORMATION: County Taxes for Parcel ID 01757-000R are paid in the Annual amount of $1,398.57, through December 31, 2023. The next payment is due on March 31, 2025.

INFORMATION: County Taxes for Parcel ID 01770-000R are paid in the Annual amount of $705.38, through December 31, 2023. The next payment is due on March 31, 2025.

INFORMATION: County Taxes for Parcel ID 02254-003R are paid in the Annual amount of $17.43, through December 31, 2023. The next payment is due on March 31, 2025.

INFORMATION: County Taxes for Parcel ID 02462-000R are paid in the Annual amount of $891.82, through December 31, 2023. The next payment is due on March 31, 2025.

This page is only a part of a 2021 ALTA Commitment for Title Insurance issued by Fidelity National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I – Requirements; and Schedule B, Part II – Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form.

ALTA Commitment for Title Insurance (7-1-21) w-FL Mod

Copyright 2021 American Land Title Association. All rights reserved.

The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited.

Reprinted under license from the American Land Title Association.

INFORMATION: County Taxes for Parcel ID 02463-000R are paid in the Annual amount of $995.48, through December 31, 2023. The next payment is due on March 31, 2025.

INFORMATION: County Taxes for Parcel ID 02464-000R are paid in the Annual amount of $2,177.03, through December 31, 2023. The next payment is due on March 31, 2025.

INFORMATION: County Taxes for Parcel ID 02465-000R are paid in the Annual amount of $35.35, through December 31, 2023. The next payment is due on March 31, 2025.

INFORMATION: County Taxes for Parcel ID 02467-000R are paid in the Annual amount of $79.19, through December 31, 2023. The next payment is due on March 31, 2025.

INFORMATION: County Taxes for Parcel ID 02468-000R are paid in the Annual amount of $1,891.47, through December 31, 2023. The next payment is due on March 31, 2025.

INFORMATION: County Taxes for Parcel ID 02472-000R are paid in the Annual amount of $54.09, through December 31, 2023. The next payment is due on March 31, 2025.

NOTE: All SCHEDULE B-I items will be deleted upon receipt of funds, a clean title update, and approved executed closing documents.

This page is only a part of a 2021 ALTA Commitment for Title Insurance issued by Fidelity National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I – Requirements; and Schedule B, Part II – Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form.

ALTA Commitment for Title Insurance (7-1-21) w-FL Mod

Copyright 2021 American Land Title Association. All rights reserved.

The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited.

Reprinted under license from the American Land Title Association.

SCHEDULE B, PART II – Exceptions

Some historical land records contain Discriminatory Covenants that are illegal and unenforceable by law. This Commitment and the Policy treat any Discriminatory Covenant in a document referenced in Schedule B as if each Discriminatory Covenant is redacted, repudiated, removed, and not republished or recirculated. Only the remaining provisions of the document will be excepted from coverage.

The Policy will not insure against loss or damage resulting from the terms and conditions of any lease or easement identified in Schedule A, and will include the following Exceptions unless cleared to the satisfaction of the Company:

1. Any defect, lien, encumbrance, adverse claim, or other matter that appears for the first time in the Public Records or is created, attached, or disclosed between the effective date of this Commitment and the date the Proposed Insured acquires, for value of record, the estate, interest, or mortgage thereon covered by this Commitment.

2. Taxes and assessments for the year 2024 and subsequent years, which are not yet due and payable.

3. Easements, claims of easements, boundary line disputes, overlaps, encroachments or other matters not shown by the Public Records which would be disclosed by an accurate survey of the land.

4. Rights or claims of parties in possession not shown by the Public Records.

5. Any lien, or right to a lien, for services, labor, or materials heretofore or hereafter furnished, imposed by law and not shown by the public records.

6. Taxes, assessments, levies, and charges which are not recorded as existing liens in the Public Records.

7. Rights of Way for pipelines to Southeastern Pipe Line Company recorded in Deed Book 8, Pages 533, 537 and 541, of the Public Records of Gulf County, Florida.

8. Road right of way easement reservations as contained in the Deed from the Trustees of the Internal Improvement Fund of the State of Florida recorded in Deed Book 9, Page 493, of the Public Records of Gulf County, Florida.

9. Oil, gas and mineral reservations as contained in that certain Deed recorded in Deed Book 16, Page 343, of the Public Records of Gulf County, Florida.

10. Oil, gas and mineral reservations as contained in that certain Deed recorded in Deed Book 16, Page 442 and assigned in Official Records Book 84, Page 744, of the Public Records of Gulf County, Florida. Note: No further search of title has been made as to this outstanding interest or of the holders of such interest.

11. Oil, gas and mineral reservations as contained in that certain Deed recorded in Deed Book 18, Page 31, of the Public Records of Gulf County, Florida. Note: No further search of title has been made as to this outstanding interest or of the holders of such interest.

12. Notice of Sub-surface interest recorded in Deed Book 19, Page 73, of the Public Records of Gulf County, Florida.

13. Any right, title or interest in those certain oil, gas and mineral interests referenced in that certain Deed recorded in Deed Book 31, Page 178, of the Public Records of Gulf County, Florida.

14. Any right, title or interest in those certain oil, gas and mineral interests referenced in that certain Deed recorded in Deed Book 31, Page 215, of the Public Records of Gulf County, Florida.

15. Any right, title or interest in those certain oil, gas and mineral interests referenced in that certain Deed recorded in Deed Book 35, Page 620, as affected by the Deeds recorded in Official Records Book 8, Pages 68 and 79, all of the Public Records of

This page is only a part of a 2021 ALTA Commitment for Title Insurance issued by Fidelity National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I – Requirements; and Schedule B, Part II – Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form.

ALTA Commitment for Title Insurance (7-1-21) w-FL Mod

Copyright 2021 American Land Title Association. All rights reserved.

The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited.

Reprinted under license from the American Land Title Association.

Gulf County, Florida.

16. Oil, gas and mineral reservations as contained in that certain Deed recorded in Official Records Book 8, Page 71, of the Public Records of Gulf County, Florida.

17. Any right, title or interest in those certain oil, gas and mineral interests referenced in that certain Deed recorded in Official Records Book 14, Page 40, of the Public Records of Gulf County, Florida.

18. Terms, covenants, conditions, provisions and easements as set forth in that certain Oil, Gas and Mineral Lease recorded in Official Records Book 25, Page 449 and assigned to Humble Oil & Refining Company in Official Records Book 28, Page 269, all of the Public Records of Gulf County, Florida.

19. Any right, title or interest in those certain oil, gas and mineral interests referenced in that certain Deed recorded in Official Records Book 31, Page 729, of the Public Records of Gulf County, Florida.

20. Right of Way Easement to Gulf Coast Electric Cooperative, Inc. recorded in Official Records Book 36, Page 62, as affected by the Deed and Bill of Sale from Gulf Coast Electric Cooperative, Inc. to Alabama Electric Cooperative, Inc. recorded in Official Records Book 62, Page 985, of the Public Records of Gulf County, Florida.

21. Terms, covenants, conditions, provisions and easements as set forth in that certain Oil, Gas and Mineral Lease recorded in Official Records Book 47, Page 1000, of the Public Records of Gulf County, Florida.

22. Any right, title or interest in those certain oil, gas and mineral interests referenced in that certain Deed recorded in Official Records Book 53, Page 211, of the Public Records of Gulf County, Florida.

23. Drainage Easement to the State of Florida recorded in Official Records Book 61, Page 212, of the Public Records of Gulf County, Florida.

24. Notice of Claim recorded in Official Records Book 63, Page 919, of the Public Records of Gulf County, Florida.

25. Notice of Claim recorded in Official Records Book 65, Page 91, of the Public Records of Gulf County, Florida.

26. Terms, covenants, conditions, provisions and easements as set forth in that certain Oil, Gas and Mineral Lease recorded in Official Records Book 66, Page 449, of the Public Records of Gulf County, Florida.

27. Terms, covenants, conditions, provisions and easements as set forth in that certain Oil, Gas and Mineral Lease recorded in Official Records Book 67, Page 238, of the Public Records of Gulf County, Florida.

28. Terms, covenants, conditions, provisions and easements as set forth in that certain Oil, Gas and Mineral Lease recorded in Official Records Book 67, Page 399, of the Public Records of Gulf County, Florida.

29. Terms, covenants, conditions, provisions and easements as set forth in that certain Oil, Gas and Mineral Lease recorded in Official Records Book 67, Page 411, of the Public Records of Gulf County, Florida.

30. Any right, title or interest in those certain oil, gas and mineral interests referenced in that certain Mineral Right and Royalty Transfer recorded in Official Records Book 67, Page 702, of the Public Records of Gulf County, Florida.

31. Notice of Claim recorded in Official Records Book 69, Page 29, of the Public Records of Gulf County, Florida

32. Notice of Claim recorded in Official Records Book 69, Page 94, of the Public Records of Gulf County, Florida.

33. Notice of Claim recorded in Official Records Book 69, Page 65, of the Public Records of Gulf County, Florida.

This page is only a part of a 2021 ALTA Commitment for Title Insurance issued by Fidelity National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I – Requirements; and Schedule B, Part II – Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form.

ALTA Commitment for Title Insurance (7-1-21) w-FL Mod

Copyright 2021 American Land Title Association. All rights reserved.

The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited.

Reprinted under license from the American Land Title Association.

34. Easement for Road Right of Way to Gulf County recorded in Official Records Book 71, Page 199, of the Public Records of Gulf County, Florida. Section 26, Township 4 South, Range 10 West

35. Easement for Drainage Ditch to Gulf County recorded in Official Records Book 72, Page 260, of the Public Records of Gulf County, Florida. Section 26, Township 4 South, 10 West

36. Oil, gas and mineral reservations as contained in that certain Deed recorded in Official Records Book 72, Page 483, of the Public Records of Gulf County, Florida.

37. Drainage Easement to Phoenix Agro Invest, Inc. recorded in Official Records Book 72, Page 521 and assigned to Farmers Investment Co. and Central Arizona Ranching Company in Official Records Book 72, Page 533, all of the Public Records of Gulf County, Florida.

38. Any lien provided by Chapter 159, Florida Statutes, in favor of any city, town, village or port authority for unpaid service charges for service by any water, sewer or gas system supplying the insured land.

39. Oil, gas and mineral reservations as contained in that certain Deed recorded in Official Records Book 72, Page 549, of the Public Records of Gulf County, Florida.

40. Oil, gas and mineral reservations as contained in that certain Deed recorded in Official Records Book 72, Page 502, of the Public Records of Gulf County, Florida.

41. Easement for Drainage Ditch recorded in Official Records Book 81, Page 319, of the Public Records of Gulf County, Florida.

42. Any right, title or interest in those certain oil, gas and mineral interests referenced in that certain Assignment of Oil and Gas Properties recorded in Official Records Book 81, Page 918, of the Public Records of Gulf County, Florida.

43. Deed for Road Right of Way to the City of Wewahitchka recorded in Official Records Book 81, Page 1091, of the Public Records of Gulf County, Florida.

44. Access Easement to Farmers Home Administration recorded in Official Records Book 82, Page 200, of the Public Records of Gulf County, Florida.

45. Any right, title or interest in those certain oil, gas and mineral interests referenced in that certain Assignment of Oil and Gas Properties recorded in Official Records Book 83, Page 65, of the Public Records of Gulf County, Florida

46. Terms, conditions, and provisions of the Boundary Line Agreement recorded in Official Records Book 128, Page 821, of the Public Records of Gulf County, Florida.

47. Easement for Power Line to Gulf Coast Electric Cooperative, Inc. recorded in Official Records Book 130, Page 76, of the Public Records of Gulf County, Florida.

48. Easement for Power Line to Gulf Coast Electric Cooperative, Inc. recorded in Official Records Book 130, Page 76, of the Public Records of Gulf County, Florida.

49. Any right, title or interest in those certain oil, gas and mineral interests referenced in that certain Assignment of Mineral Interest and Operating Rights recorded in Official Records Book 131, Page 339, of the Public Records of Gulf County, Florida.

50. Right of Way Easement to Alabama Electric Cooperative, Inc. recorded in Official Records Book 142, Page 477, of the Public Records of Gulf County, Florida.

51. Non-Exclusive right of Ingress and Egress reserved in the Deed from Farmers Investment Company and Central Arizona

This page is only a part of a 2021 ALTA Commitment for Title Insurance issued by Fidelity National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I – Requirements; and Schedule B, Part II – Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form.

ALTA Commitment for Title Insurance (7-1-21) w-FL Mod

Copyright 2021 American Land Title Association. All rights reserved.

The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited.

Reprinted under license from the American Land Title Association.

Ranch Company to AAFES Timberland Investment, L.P. recorded in Official Records Book 194, Page 737, of the Public Records of Gulf County, Florida.

52. Any right, title, interest or claim in those certain oil, gas and mineral reservations contained in the Warranty Deeds recorded in Official Records Book 72, Pages 483, 502 and 549, of the Public Records of Gulf County, Florida.

53. Reservations in favor of the City of Wewahitchka, of an undivided interest in and to all phosphates, minerals and metals, together with an undivided one-half interest in and to all petroleum, in, on or under the surface of the insured land, as contained in that certain Deed recorded in Official Records Book 400, Page 157, of the Public Records of Gulf County, Florida. created pursuant to Section 270.11, Florida Statutes.

54. No insurance as to any portion of subject lands lying within or being used as a public road.

55. Anything to the contrary notwithstanding, no further search of title has been made as to any outstanding interests or of the holders of such interest. This policy does not attempt to set out in the manner in which all of the oil, gas and minerals in, on or under the property described in Schedule "A" are now vested, and this policy does not insure any oil, gas or minerals in, on or under the property described in Schedule "A", nor any rights or easements in connection therewith.

56. Terms and conditions of that certain Hunting License dated June 21, 2021 between BTG Pactual OEF Property 1, LP, as Licensor, and Joe Bush on behalf of Little Creek #1 Hunt Club, as Licensee.

57. Any lien provided by Chapter 159, Florida Statutes, in favor of any city, town, village or port authority for unpaid service charges for service by any water, sewer or gas system supplying the insured land.

58. Any claim that any portion of the insured land is sovereign lands of the State of Florida, including submerged, filled or artificially exposed lands accreted to such land

This page is only a part of a 2021 ALTA Commitment for Title Insurance issued by Fidelity National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I – Requirements; and Schedule B, Part II – Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form.

ALTA Commitment for Title Insurance (7-1-21) w-FL Mod

Copyright 2021 American Land Title Association. All rights reserved.

The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited.

Reprinted under license from the American Land Title Association.

EXHIBIT “A”

The Land referred to herein below is situated in the County of Gulf, State of Florida and is described as follows:

Property 1 Northwest quarter of Northeast quarter of Section 22, Township 4 South, Range 10 West, Gulf County, Florida, Less the following 4 described parcels:

Parcel I:

Beginning at the Northwest corner of the Northwest quarter of Northeast quarter of said Section 22; run thence East along the Section line dividing Sections 22 and 15 for 1110 feet; thence run due South 210 feet; thence run due West 1110 feet; thence run North 210 feet to the Point of Beginning. The Southwest quarter of Northeast quarter; Southeast quarter of Southwest quarter and Southeast quarter.

Parcel II:

Commence at a one-inch iron pipe marking the Northeast corner, Section 22, Township 4 South, Range 10 West, Gulf County, Florida; thence N85°39'47"W, 1316.41 feet along the North line of said Section 22 to the intersection with the centerline of State Road 22 marked by a half-inch iron pipe; thence S03°55'36"W, 59.11 feet to the intersection with the South R/W line of said State Road 22 marked by a half-inch rebar (#4432) and being the Point of Beginning; thence continue S03°55'36"W, 773.55 feet; thence N85°39'47"W, 215.51 feet to a half-inch rebar (#4432); thence N09°23'00"E, 459.43 feet; thence N12°32'57"W, 70.56 feet; thence N33°04'28"E, 85.07 feet; Thence N10°26'01"E, 242.22 feet to the intersection with the South R/W line of State Road 22; thence S53°53'00"E, 140.67 feet along said R/W line to the Point of Beginning.

Parcel III:

Commence at a one-inch iron pipe marking the Northeast corner, Section 22, Township 4 South, Range 10 West, Gulf County, Florida; thence N85°39'47"W, 1316.41 feet along the North line of said Section 22 to the intersection with the centerline of State Road 22 marked by a half-inch iron pipe; thence S03°55'36"W, 59.11 feet to the intersection with the South R/W line of said State Road 22 marked by a half-inch rebar (#4432); thence N53°53'00"W, 140.67 feet along said South R/W line; thence S10°26'01"W, 242.22 feet;

thence S33°04'28"W, 85.07 feet to the Point of Beginning; thence S29°37'37"W, 123.76 feet; thence S15°18'22"W, 105.31 feet to a half-inch rebar (#4432); thence S00°36'18"W, 104.13 feet; thence S08°18'32"E, 211.09 feet to a half-inch rebar (#4432); thence N09°23'00"E, 459.43 feet; thence N12°32'57"W, 70.56 feet to the Point of Beginning.

Parcel IV:

Those lands conveyed to the State of Florida in Deed Book 5, Page 320, to wit:

From the Northeast corner of the Northwest quarter of the Northeast quarter of Section 22 Township 4 South Range 10 West run South 3° 20' West a distance of 62.27 feet to the South right-of-way line of Proposed State Road #52 which is the Point of Beginning.

Thence run North 53° 53' West a distance of 109.83 feet. Thence South 86° 40' East a distance of 96.85 feet. Thence South 3° 20' West a distance of 62.27 feet to the Point of Beginning.

All lying in the Northwest quarter of the Northeast quarter of Section 22 Township 4 South Range 10 West.

ALSO

The Southwest quarter of the Northeast quarter, Southeast quarter of the Southwest quarter and the Southeast quarter of Section 22 Township 4 South Range 10 West.

This page is only a part of a 2021 ALTA Commitment for Title Insurance issued by Fidelity National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I – Requirements; and Schedule B, Part II – Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form.

ALTA Commitment for Title Insurance (7-1-21) w-FL Mod

Copyright 2021 American Land Title Association. All rights reserved.

The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited.

Reprinted under license from the American Land Title Association.

Property 2 Southwest quarter of Section 23, Township 4 South, Range 10 West, Gulf County, Florida

Property 3 The South half of South half of North half of Southwest quarter of Northwest quarter of Section 25, Township 4 South, Range 10 West, Gulf County, Florida; South half of Southwest quarter of Northwest quarter and that part of the Southeast quarter of Northwest quarter which lies West of State Road No. 71 and between said road and the South half of the South half of the North half of the Southwest quarter of the Northwest quarter and the South half of the Southwest quarter of the Northwest quarter; all in Section 25, Township 4 South, Range 10 West, Gulf County, Florida.

Less and Except the following 10 parcels described below:

(1) Commence at the Northwest corner of the Southeast quarter of the Northwest quarter of Section 25, Township 4 South, Range 10 West, Gulf County, Florida, and extend a line Easterly along the North line of said Southeast quarter of the Northwest quarter for 200 feet; thence turn 90°00' right and run a distance of 724.50 feet; thence turn 90°00' right and run a distance of 53.28 feet to a concrete monument on the Western R/W line of State Road 71 (Main Street) for a Point of Beginning; from said Point of Beginning turn 92°48' right from the line last described above and extend a North line 2°6'35" E along the Western R/W line of said State Road 71 a distance of 210.25 feet; thence turn 92°48' left and run a distance of 405.14 feet; thence run S0°41'25"E, 210 feet; thence run N89°18'35"E,

394.87 feet to the Point of Beginning. All lying within the Southeast quarter of Northwest quarter and the Southwest quarter of Northwest quarter of Section 25, Township 4 South, Range 10 West, Gulf County, Florida.

(2) Commence at the Northwest corner of the Southeast quarter of the Northwest quarter of Section 25, Township 4 South, Range 10 West, Gulf County, Florida, and extend a line Easterly along the North line of said Southeast quarter of the Northwest quarter for 200 feet; thence turn 90°00' right for 724.50 feet; thence turn 90°00' right for 53.28 feet to a concrete monument on the Western R/W line of State Road 71 (Main Street); thence continue the line last above described for 394.87 feet to the Point of Beginning; from said Point of Beginning thence turn 90°00' right for 210 feet; thence turn 90°00' left for 500 feet; thence turn 90°00' left for 500 feet; thence turn 90°00' left for 500 feet; thence turn 90°00' left for 290 feet to the Point of Beginning. All lying within the Southeast quarter of Northwest quarter and the Southwest quarter of Northwest quarter of said Section 25, Township 4 South, Range 10 West, Gulf County, Florida.

(3) Commence at the Northwest corner of the Southeast quarter of the Northwest quarter of Section 25, Township 4 South, Range 10 West, Gulf County, Florida, and extend a line Easterly along the North line of said Southeast quarter of the Northwest quarter for 200 feet; thence turn 90°00' right and run a distance of 724.50 feet; thence turn 90°00' right and run a distance of 53.28 feet to a concrete monument on the Western R/W line of State Road 71 (Main Street) for a Point of Beginning; thence continue the line last above described for a distance of 230 feet; thence turn 90°00' left for a distance of 200.00 feet; thence turn 90°00' left for a distance of

220.24 feet; thence turn 87°12' left along the Western R/W line of said State Road 71, 200.24 feet to the Point of Beginning.

(4) Commence at the Northwest corner of the Southwest quarter of the Northwest quarter of Section 25, Township 4 South, Range 10 West, Gulf County, Florida; thence S00°0158"W for 514.14 feet; thence N89°14'09"E for 605.04 feet; thence S00°45.51"E for 500.91 feet; thence N89°14'09"E for 499.34 feet; thence N00°45'51"W for 90.00 feet; thence N89°14'09"E for 384.94 feet to an iron rod on the Western R/W line of Main Street (State Road 71); thence S02°06'35"W along said R/W line for 20.00 feet to the Point of Beginning; thence continue S02°06'35"W along said R/W line for 240.0 feet; thence S89°14'09"W for 240.00 feet; thence N02°06'35"E for 240.00 feet; thence N89°14'09"E for 240.00 feet to the Point of Beginning. Said parcel of land being in the Northwest quarter of Section 25, Township 4 South, Range 10 West, in the City of Wewahitchka, Gulf County, Florida.

(5) Commercial lot at intersection of State Road 71 and River Road:

This page is only a part of a 2021 ALTA Commitment for Title Insurance issued by Fidelity National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I – Requirements; and Schedule B, Part II – Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form.

ALTA Commitment for Title Insurance (7-1-21) w-FL Mod

Copyright 2021 American Land Title Association. All rights reserved.

The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited.

Reprinted under license from the American Land Title Association.

Commence at the Northwest corner of the Southwest quarter of the Northwest quarter of Section 25, Township 4 South, Range 10 West, Gulf County, Florida; thence S00°0158"W along the West boundary line of said Southwest quarter of the Northwest quarter for

514.41 feet; thence N89°14'09"E for 605.04 feet; thence S00°45'51"E for 500.91 feet; thence N89°14'09"E for 499.34 feet; thence N00°45'51"W for 90.00 feet; thence N89°14'09"E for 384.94 feet to a point on the West R/W line of State Road 71; thence S02°06'35"W along said West R/W line for 260.025 feet for the Point of Beginning; thence continue along the West R/W line of State Road 71 for 124.125 feet to a point of intersection of the West R/W line of State Road 71 and the North R/W line of River Road (Morgan Road); thence S89°40'58"W along the North R/W line of River Road (Morgan Road) for 239.92 feet; thence N02°06'35"E for 122.25 feet; thence N89°14'09"E for 240.00 feet to the Point of Beginning. Said land lying and being in the South half of the Northwest quarter of Section 25, Township 4 South, Range 10 West, City of Wewahitchka, Gulf County, Florida.

(6) Commence at the Northwest corner of the Southwest quarter of the Northwest quarter of Section 25, Township 4 South, Range 10 West, Gulf County, Florida; thence S00°0158"W along the West boundary line of said Southwest quarter of the Northwest quarter for

514.14 feet; thence N89°14'09"E for 605.04 feet: thence S00°45'51"E for 500.91 feet; thence N89°14'09"E for 499.34 feet; thence N00°45.51"W for 90.00 feet; thence N89°14'09"E for 384.94 feet to a point on the West R/W line of State Road 71; thence S02°06'35"W along said West R/W line for 20.025 feet; thence S89°14'09"W for 240.00 feet for the Point of Beginning; thence continue the line last described above for 123.935 feet; thence S00°45'51"E for 70.50 feet; thence S02°06'35"W for 290.725 feet to a point on the North R/W line of River Road (Morgan Road); thence N89°40'58"E along the North R/W line of said road for 120.35 feet; thence N02°06'35"E for 362.25 feet to the Point of Beginning. Said land lying and being in the South half of the Northwest quarter of Section 25, Township 4 South, Range 10 West, in the City of Wewahitchka, Gulf County, Florida.

(7) Commence at the Northwest corner of the Southwest quarter of the Northwest quarter of Section 25, Township 4 South, Range 10 West, in the City of Wewahitchka, Gulf County, Florida; thence S00°01'58" E along the West boundary line of said Section 25 for

514.14 feet; thence N89°14'09" E for 605.04 feet; thence S00°45'51" E for 499.70 feet; thence N89°14'09" E for 343.01 feet; thence run S00°19' 02" E for 179.59 feet for a Point of Beginning; thence run N89°43'14" E for 148.66 feet to the Westerly boundary of the 20 foot R/W of an alley; thence run S02°06'35" W for 110.0 feet to the Northerly boundary of the 60 foot R/W of River Road; thence run S89°40'58" W along said R/W boundary 144.00 feet; thence run N00°19.02" W for 110.00 feet to the Point of Beginning.

(8) Commence at the Northwest corner of the Southwest quarter of the Northwest quarter of Section 25, Township 4 South, Range 10 West, in the City of Wewahitchka, Gulf County, Florida; thence S00°01'58"W along the West boundary line of said Section 25 for

514.41 feet; thence N89°14'09"E for 605.04 feet; thence S00°45'51"E for 499.70 feet; thence N89°14'09"E for 343.01 feet to the Point of Beginning; thence continue N89°14'09"E for 156.33 feet to a point on the Westerly boundary of the 20 foot R/W of an alley; thence run S02°06'35"W along said R/W boundary for 181.09 feet; thence run S89°43'14"W for 148.66 feet; thence run N00°19.02"W for

179.59 feet to the Point of Beginning.

(9) Begin at a 4-inch square concrete monument marked R.L.S. No 4111 at the Southeast corner of Lot 1, Block "C", Circle J Estates, according to the Official Plat thereof recorded in Plat Book 3, Page 10, in the Public Records of Gulf County, Florida; thence go N89°03'00"E for a distance of 343.40 feet; thence go S00°24'57"E for a distance of 289.20 feet to a point on the Northerly R/W line of River Road (having a 60 foot wide R/W); thence go S89°40'58"W along the Northerly R/W line of River Road for a distance of

170.58 feet to a point of intersection with the Easterly R/W line of Pine View Drive; thence departing the Northerly R/W line of River Road go Northwesterly along the Easterly R/W line of Pine View Drive along the arc of a curve to the right having a radius of 25.00 feet and a central angle of 86°34'26" for an arc length of 37.77 feet (chord bearing N47°35'57"W, 34.24 feet) to a point of reverse curve; thence continue Northwesterly along the Easterly R/W line of Pine View Drive along the arc of a curve to the left having a radius of 344.61 feet and a central angle of 45°55'17" for an arc length of 276.20 feet (chord bearing N27°11'54"W for 268.86 feet) to a point of tangency; thence N50°14'17"E along the Easterly R/W line of Pine View Drive for a distance of 34.74 feet to the Point of Beginning.

(10) All that portion of the above describe property located within Circle J Estates according to the Official Plat thereof recorded in

This page is only a part of a 2021 ALTA Commitment for Title Insurance issued by Fidelity National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I – Requirements; and Schedule B, Part II – Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form.

ALTA Commitment for Title Insurance (7-1-21) w-FL Mod

Copyright 2021 American Land Title Association. All rights reserved.

The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited.

Reprinted under license from the American Land Title Association.

Plat Book 3 Page 10 of the Public Records of Gulf County, Florida.

Property 4 The North half of the Southeast quarter; the Southwest quarter of the Southeast quarter; the West half of the Southeast quarter of the south east quarter; the West hald of the Nortwest quarter of the north east quarter; the West 230 feet of the Northeast quarter; the Southwest quarter of the Northeast quarter; and the Southeast quarter of Northeast quarter of Section 26, Township 4 South, Range 10 West, Gulf County, Florida, less 5 Acres in the Northeast corner.

Less and Except the following 9 parcels described below:

(1) 5 Acres in the Northeast corner of the Southeast quarter of the Northeast Quarter.

(2) Commence at the Southeast corner of Section 26, Township 4 South, Range 10 West, Gulf County, Florida, and extend a line West along the South boundary line of said Section 26 for 660.00 feet; thence North for 59.48 feet to the Point of Beginning; thence N55°32' 45" W for 99.95 feet; thence N69°05' 35" W for 99.95 feet; thence N70°48'14" W for 99.92 feet; thence N76°58'24" W for

99.93 feet; thence S81°20'25" W for 99.98 feet; thence S72°3710" W for 99.97 feet; thence S70°19'03" W for 99.96 feet; thence S74°27'33" W for 99.98 feet; thence S88°48'03" W for 99.92 feet; thence N88°17' 55" W for 350.80 feet; thence North for 719.74 feet; thence East for 1202.64 feet; thence South for 763.19 feet to the Point of Beginning; all being in the South Half of the Southeast quarter of Section 26, Township 4 South, Range 10 West, in the City of Wewahitchka, Gulf County, Florida.

(3) Commence at the Southeast corner of the Northeast quarter of the Northeast quarter of Section 26, Township 4 South, Range 10 West, Gulf County, Florida, and run S89°13'08"W for 1315.34 feet to a concrete monument for the Point of Beginning, said monument being on the West R/W line of River Road; thence S89°13'08"W for 400.00 feet to a concrete monument; thence S0°46'52"E for 300.00 feet to a concrete monument; thence N89°13'08"E for 474.57 feet to a concrete monument on the West R/W line of River Road; thence Northwesterly along the West R/W line of River Road for 309.26 feet to the Point of Beginning. Said parcel lying and being in the City of Wewahitchka, Gulf County, Florida.

(4) Begin at a concrete monument, said monument being 2645.28 feet West of the Southeast corner of Section 26, Township 4 South, Range 10 West, Gulf County, Florida, and also being on the East boundary line of Whispering Pines Subdivision Unit No. One;

thence East along the South line of Section 26 for 1985.28 feet; thence North 10.97 feet; thence N55°32'45"W for 122.64 feet; thence N69°05'35"W for 94.60 feet; thence N70°48'14"W for 97.17 feet; thence N76°58'24"W for 90.09 feet; thence S81°20'25"W for 91.25 feet; thence S72°2710"W for 96.09 feet; thence S70°19'03"W for 100.67 feet; thence S74°27'55"W for 106.61 feet; thence S88°48'03"W for 106.14 feet; thence N88°17'55"W for 349.82 feet; thence N88°56'00"W for 781.42 feet; thence S00°03'43"W for

83.11 feet to the Point of Beginning. Said described parcel of land is located in the Southeast quarter of Section 26, Township 4 South, Range 10 West, in the City of Wewahitchka, Gulf County, Florida.

(5) The North 25 feet of the West three-quarters of the Southeast quarter of the Northeast quarter of Section 26, Township 4 South, Range 10 West, Gulf County, Florida, lying East of the Easterly R/W line of Morgan Lane.

(6) Commence at the Northeast corner of the Southeast quarter of the Northeast quarter of Section 26, Township 4 South, Range 10 West, Gulf County, Florida; thence S00°01’58"W along the East boundary line of said Southeast quarter of the Northeast quarter for

1297.05 feet to a point on the Northern R/W line of River Road; thence S89°40'58"W along said R/W line for 138.39 feet to a point of curve; thence continue along said R/W line along the arc of a curve to the right which has a radius of 928.84 feet and a central angle of 30°50'52" for 500.08 feet to a concrete monument for the Point of Beginning; thence continue along the said R/W line along the arc of a curve to the right which has a radius of 928.84 feet and a central angle of 30°47'22" for 499.14 feet to a point of compound curve;

thence along the arc of a curve to the right which has a radius of 2918.28 feet and a central angle of 00°14'37" for 12.41 feet; thence S83°27'53"E for 349.26 feet; thence S00°21'04"E for 325.48 feet to the Point of Beginning; said land being in the Southeast quarter of the Northeast quarter of Section 26, Township 4 South, Range 10 West, in the City of Wewahitchka, Gulf County, Florida.

(7) That part of the property described in that certain Deed recorded in Official Records Book 72, Page 525, on November 21, 1977, lying within the following described R/W, a 60 foot R/W lying 30.00 feet on each side of the following described centerline:

This page is only a part of a 2021 ALTA Commitment for Title Insurance issued by Fidelity National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I – Requirements; and Schedule B, Part II – Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form.

ALTA Commitment for Title Insurance (7-1-21) w-FL Mod

Copyright 2021 American Land Title Association. All rights reserved.

The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited.

Reprinted under license from the American Land Title Association.

Commence at the Southwest corner of Lot 22, Block "F", of College Park, a Subdivision as per map or plat thereof recorded in Plat Book 1, Page 13, of the Public Records of Gulf County, Florida, and run thence South along the Westerly boundary of said subdivision a distance of 25.00 feet to the Point of Beginning of said centerline of R/W described herein; from said Point of Beginning run N89°20'43"W, 89.32 feet to a point of curve to the left; thence Westerly along said centerline and said curve with a radius of

954.93 feet through a central angle of 14°24'17" for an arc distance of 240.08 feet; thence S76°15'00"W, 143.35 feet to a point of curve to the left; thence Southwesterly along said centerline and said curve with a radius of 253.66 feet through a central angle of 76°15'00" for an arc distance of 337.57 feet; thence South 1295.00 feet to the terminal point of said centerline and the R/W described herein.

(8) Commence at a half-inch rebar marking the Northeast corner of the South East quarter of Section 26, Township 4 South, Range 10 West, Gulf County, Florida; thence S 03°27'00" W, 40.82 feet along the East line of said Section 26 to the South right of way line of West River Road (S.R. 22-A); thence N 86°54' 00" W, 138.03 feet along said right of way line to the beginning of a curve; thence Northwesterly along curve along said South right of way line concave to the North with a radius of 985.37 feet, through a central angle of 13°15'50", an arc distance of 228.11 feet to the Point of Beginning; thence continue Northwesterly along curve along said right of way line concave to the North with a radius of 985.37 feet, through a central angle of 43°39'00", an arc distance of 750.69 feet; thence S 41°13'57"W, 244.00 feet; thence S 03°52'53"W, 385.62 feet, thence S 37°15'25"E, 332.82 feet; thence S 79°18'40"E,

231.63 feet; thence N 21°10'43"E, 290.62 feet; thence N 38°09'14"E, 82.77 feet; thence N 50°32'32"E, 120.26 feet; thence N 82°51'16"E, 85.38 feet to the Point of Beginning.

(9) Commence at the Northeast corner of the Southeast quarter of Section 26, Township 4 South, Range 10 West, Gulf County, Florida; thence S03° 27.00"W, 40.82 feet to the South right of way line of S.R. 22-A; thence N86°54'00"W along said South right of way line 138.03 feet to the beginning of a curve; thence Northwesterly along curve concave to the North with a radius of 985.37 feet through a central angle of 56°54'50" and arc distance of 978.80 feet (chord bearing N58°26'36"W, 939.05 feet) to a point on curve and the Point of Beginning; thence continue Northwesterly along curve concave to the Northeast with a radius of 985.37 feet through a central angle of 09°18'49", and arc distance of 160.18 feet (chord bearing N25°19'47"W, 160.00 feet); thence N75°27'49"W, 230.54 feet; thence S35°50'45"W, 60.30…

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