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NOTICE OF FORECLOSURE SALE


Posted

IN THE CIRCUIT COURT OF THE FOURTH JUDICIAL CIRCUIT, IN AND FOR CLAY COUNTY, FLORIDA
CIRCUIT CIVIL DIVISION
CASE NO.: 2021-CA-000920

THE VARIABLE ANNUITY LIFE INSURANCE COMPANY, a Texas corporation,
Plaintiff,
vs.
OKEECHOBEE INVESTMENT L.L.C., a Florida limited liability company, and WELLS CROSSING ASSOCIATION, INC., a Florida not for profit corporation,
Defendants.

NOTICE IS HEREBY GIVEN pursuant to the Stipulated Final Judgment of Foreclosure dated February 2, 2022, entered in Case No. 2021-CA-000920, in the Circuit Court of the 4th Judicial Circuit in and for Clay County, Florida, wherein THE VARIABLE ANNUITY LIFE INSURANCE COMPANY, a Texas corporation, is the Plaintiff, and OKEECHOBEE INVESTMENT L.L.C., a Florida limited liability company, and WELLS CROSSING ASSOCIATION, INC., a Florida not for profit corporation, are the Defendants, I will sell to the highest and best bidder for cash except as set forth hereinafter, on April 6, 2022, beginning at 10:00 A.M., EST, online via the Internet at www.clay.realforeclose.com, the following described property situated in Clay County, as set forth in said Final Judgment, to wit, legally described in:
COMPOSITE EXHIBIT “A” TOGETHER WITH
EXHIBIT “A-1” (PHASE I AND II MORTGAGED PROPERTY) AND
EXHIBIT “A-2” (PHASE III MORTGAGED PROPERTY),
ATTACHED HERETO AND MADE A PART HEREOF.

PURSUANT TO SECTION 45.031(2)(F), FLORIDA STATUTES, ANY PERSON CLAIMING AN INTEREST IN THE SURPLUS FROM THE SALE, IF ANY, OTHER THAN THE PROPERTY OWNER AS OF THE DATE OF THE LIS PENDENS MUST FILE A CLAIM BEFORE THE CLERK REPORTS THE SURPLUS AS UNCLAIMED. IF YOU FAIL TO FILE A CLAIM, YOU WILL NOT BE ENTITLED TO ANY REMAINING FUNDS. AFTER THE FUNDS ARE REPORTED AS UNCLAIMED, ONLY THE OWNER OF RECORD AS OF THE DATE OF THE LIS PENDENS MAY CLAIM THE SURPLUS.

AMERICANS WITH DISABILITIES ACT (ADA) NOTICE
*In accordance with the Americans with Disabilities Act, individuals with disabilities who need any accommodation to participate in this proceeding are entitled, at no cost to you, to the provision of certain assistance. Please contact the ADA Coordinator at (904) 255-1695 or crtintrp@coj.net at least seven (7) days before your scheduled appearance. If you are hearing or voice impaired, please call 711.

WITNESS my hand and the Seal of the Court on this 4 day of February, 2022.

TARA S. GREEN, CLAY COUNTY CLERK OF COURT AND COMPTROLLER
By R Crews, Deputy Clerk

COMPOSITE
EXHIBIT “A” MORTGAGED PROPERTY

All of Borrower’s estate, right, title and interest in, to, under or derived from any and all of the following described property, whether now owned or hereafter acquired (collectively, the “Mortgaged Property”):
I. Property: The tract or tracts of land described in Exhibit “A-1” and Exhibit “A-2” attached hereto and made a part hereof, together with the following:
(a) All buildings, structures, and improvements now or hereafter located on such tract or tracts, as well as all rights-of-way, easements, and other appurtenances thereto;
(b) Any land lying between the boundaries of such tract or tracts and the center line of any adjacent street, road, avenue, or alley, whether opened or proposed;
(c) All of the rents, income, receipts, revenues, issues and profits of and from such tract or tracts and improvements;
(d) All (i) water and water rights (whether decreed or undecreed, tributary, nontributary or not nontributary, surface or underground, or appropriated or unappropriated); (ii) sewer and drainage rights; (iii) ditches and ditch rights; (iv) spring and spring rights; (v) reservoir and reservoir rights; and (vi) shares of stock in water, ditch and canal companies and all other evidence of such rights, which are now owned or hereafter acquired by Mortgagor and which are appurtenant to or which have been used in connection with such tract or tracts or improvements;
(e) All minerals, crops, timber, trees, shrubs, flowers, and landscaping features now or hereafter located on, under or above such tract or tracts;
(f) All machinery, apparatus, equipment, fittings, fixtures (whether actually or constructively attached, and including all trade, domestic, and ornamental fixtures) now or hereafter located in, upon, or under such tract or tracts or improvements and used or usable in connection with any present or future operation thereof, including but not limited to all heating, air-conditioning, freezing, lighting, laundry, incinerating and power equipment; engines; pipes; pumps; tanks; motors; conduits; switchboards; plumbing, lifting, cleaning, fire prevention, fire extinguishing, refrigerating, ventilating, cooking, and communications apparatus; boilers, water heaters, ranges, furnaces, and burners; appliances; vacuum cleaning systems; elevators; escalators; shades; awnings; screens; storm doors and windows; stoves; refrigerators; attached cabinets; partitions; ducts and compressors; rugs and carpets; draperies; and all additions thereto and replacements therefor;
(g) All development rights associated with such tract or tracts, whether previously or subsequently transferred to such tract or tracts from other real property or now or hereafter susceptible of transfer from such tract or tracts to other real property;
(h) All awards and payments, including interest thereon, resulting from the exercise of any right of eminent domain or any other public or private taking of, injury to, or decrease in the value of, any of such property; and
(i) All other and greater rights and interests of every nature in such tract or tracts and in the possession or use thereof and income therefrom, whether now owned or subsequently acquired by Mortgagor.
II. Chattels: All goods, fixtures, inventory, equipment, building and other materials, supplies, and other tangible personal property of every nature, whether now owned or hereafter acquired by Mortgagor, used, intended for use, or reasonably required in the construction, development, or operation of the Property, together with all accessions thereto, replacements and substitutions therefor, and proceeds thereof.

III. Intangible Personalty: The right to use all trademarks and trade names and symbols or logos used in connection therewith, or any modifications or variations thereof, in connection with the operation of the improvements existing or to be constructed on the Property, together with all accounts, deposit accounts, letter of credit rights, investment property, monies in the possession of Mortgagee (including without limitation proceeds from insurance, retainages and deposits for taxes and insurance), Permits, contract rights (including, without limitation, rights to receive insurance proceeds) and general intangibles (whether now owned or hereafter acquired, and including proceeds thereof) relating to or arising from Mortgagor’s ownership, use, operation, leasing, or sale of all or any part of the Property, specifically including but in no way limited to any right which Mortgagor may have or acquire to transfer any development rights from the Property to other real property, and any development rights which may be so transferred.


As used in this Exhibit “A”, the term “Borrower” or “Mortgagor” refers to the Defendant, Okeechobee Investment L.L.C., a Florida limited liability company. The term “Mortgagee” refers to the Plaintiff, The Variable Annuity Life Insurance Company, a Texas corporation.

EXHIBIT “A-1” (PHASE I AND II MORTGAGED PROPERTY)

PARCEL 1
BUILDING ONE

A PORTION OF LOTS 2 & 3, IN SECTION 5, TOWNSHIP 4 SOUTH, RANGE 26 EAST, AS SHOWN ON THE PLAT OF ORANGE PARK, AS RECORDED IN PLAT BOOK 1, PAGE 23, OF THE PUBLIC RECORDS OF CLAY COUNTY, FLORIDA, AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:

COMMENCE AT THE MOST SOUTHEASTERLY CORNER OF LOT 4, BLOCK 8, GROVE PARK VILLAGE, AS RECORDED IN PLAT BOOK 14, PAGES 10 THROUGH 13, INCLUSIVE, OF SAID PUBLIC RECORDS; THENCE NORTH 01°23'40" WEST, ALONG THE EASTERLY BOUNDARY OF SAID GROVE PARK VILLAGE AND ALONG THE EAST LINE OF LOT 5, AS SHOWN ON SAID PLAT OF ORANGE PARK, 2356.11 FEET, TO THE SOUTHERLY RIGHT-OF-WAY LINE OF WELLS ROAD (A 100 FOOT PUBLIC RIGHT-OF-WAY AS NOW ESTABLISHED); THENCE NORTH 62°38'54" EAST, ALONG SAID SOUTHERLY RIGHT-OF-WAY LINE OF WELLS ROAD, 33.70 FEET, TO THE POINT OF CURVATURE OF A CURVE TO THE NORTHEAST; THENCE ALONG AND AROUND THE ARC OF SAID CURVE, CONCAVE SOUTHEASTERLY, HAVING A RADIUS OF 1809.86 FEET, AN ARC DISTANCE OF 853.66 FEET, SAID ARC BEING SUBTENDED BY A CHORD BEARING AND DISTANCE OF NORTH 76°09'39" EAST, 845.77 FEET TO THE POINT OF TANGENCY; THENCE NORTH 89°40'24" EAST, CONTINUING ALONG SAID SOUTHERLY RIGHT-OF-WAY LINE, A DISTANCE OF 70.23 FEET TO THE SOUTHERLY RIGHT-OF-WAY LINE OF CROSSINGS BOULEVARD (A VARIABLE WIDTH PUBLIC RIGHT-OF-WAY AS NOW ESTABLISHED); THENCE NORTHERLY AND SOUTHERLY, ALONG LAST SAID LINE, RUN THE FOLLOWING NINE (9) COURSES AND DISTANCES: COURSE NO. 1: ALONG AND AROUND THE ARC OF SAID CURVE, CONCAVE SOUTHEASTERLY, HAVING A RADIUS OF 30.00 FEET, AN ARC DISTANCE OF 47.35 FEET, SAID ARC BEING SUBTENDED BY A CHORD BEARING AND DISTANCE SOUTH 44°27'18" WEST, 42.59 FEET TO THE POINT OF TANGENCY; COURSE NO. 2.: SOUTH 00°45'48" EAST, 74.47 FEET TO THE POINT OF CURVATURE OF A CURVE TO THE SOUTHWEST; COURSE NO. 3: ALONG AND AROUND THE ARC OF SAID CURVE, CONCAVE EASTERLY, HAVING A RADIUS OF 851.10 FEET, AN ARC DISTANCE OF 114.44 FEET, SAID ARC BEING SUBTENDED BY A CHORD BEARING AND DISTANCE SOUTH 04°36'56" EAST, 114.35 FEET TO THE POINT OF TANGENCY; COURSE NO. 4: SOUTH 08°28'03" EAST, 55.18 FEET TO THE POINT OF CURVATURE OF A CURVE TO THE SOUTHEAST; COURSE NO. 5: ALONG AND AROUND THE ARC OF SAID CURVE, CONCAVE NORTHWESTERLY, HAVING A RADIUS OF 373.03 FEET, AN ARC DISTANCE OF 67.28 FEET, SAID ARC BEING SUBTENDED BY A CHORD BEARING AND DISTANCE SOUTH 03°18'03" WEST, 67.19 FEET TO A POINT ON SAID CURVE AND THE POINT OF BEGINNING; COURSE NO. 6: CONTINUE ALONG AND AROUND THE ARC OF SAID CURVE, CONCAVE NORTHWESTERLY, HAVING A RADIUS OF 373.03 FEET, AN ARC DISTANCE OF 111.79 FEET, SAID ARC BEING SUBTENDED BY A CHORD BEARING AND DISTANCE SOUTH 10°27'15" WEST, 111.37 FEET TO THE POINT OF TANGENCY; COURSE NO. 7: SOUTH 19°02'30" WEST, 56.97 FEET TO THE POINT OF CURVATURE OF A CURVE TO SOUTHWEST; COURSE NO. 8: ALONG AND AROUND THE ARC OF SAID CURVE, CONCAVE SOUTHEASTERLY, HAVING A RADIUS OF 1522.49 FEET, AN ARC DISTANCE OF 214.14 FEET, SAID ARC BEING SUBTENDED BY A CHORD BEARING AND DISTANCE SOUTH 15°00'36" WEST, 213.97 FEET TO THE POINT OF TANGENCY; COURSE NO. 9: SOUTH 10°58'50" WEST, 71.92 FEET; THENCE NORTH 89°40'24" EAST, 593.27 FEET; THENCE NORTH 02°40'19" EAST, 270.43 FEET; THENCE SOUTH 89°27'53" WEST, 2.44 FEET; THENCE NORTH 00°00'40" EAST, 161.83 FEET TO SOUTHERLY RIGHT-OF-WAY LINE OF PLAZA CIRCLE (A VARIABLE WIDTH PRIVATE RIGHT-OF-WAY AS NOW ESTABLISHED), AND THE ARC OF A CURVE TO THE SOUTHWEST; THENCE SOUTHWESTERLY, NORTHWESTERLY, AND SOUTHWESTERLY, ALONG LAST SAID LINE, RUN THE FOLLOWING SIX (6) COURSES AND DISTANCES: COURSE NO. 1: ALONG AND AROUND THE ARC OF SAID CURVE, CONCAVE NORTHERLY, HAVING A RADIUS OF 165.00 FEET, AN ARC DISTANCE OF 21.45 FEET, SAID ARC BEING SUBTENDED BY A CHORD BEARING AND DISTANCE OF SOUTH 85°56'58" WEST, 21.43 FEET TO THE POINT OF TANGENCY; COURSE NO. 2: SOUTH 89°40'24" WEST, 259.26 FEET TO THE POINT OF CURVATURE OF A CURVE TO THE NORTHWEST; COURSE NO. 3: ALONG AND AROUND THE ARC OF SAID CURVE, CONCAVE NORTHEASTERLY, HAVING A RADIUS OF 175.00 FEET, AN ARC DISTANCE OF 94.73 FEET, SAID ARC BEING SUBTENDED BY A CHORD BEARING AND DISTANCE OF NORTH 74°49'10" WEST, 93.58 FEET TO THE POINT OF REVERSE CURVATURE OF A CURVE TO THE NORTHWEST; COURSE NO. 4: ALONG AND AROUND THE ARC OF SAID CURVE, CONCAVE SOUTHWESTERLY, HAVING A RADIUS OF 120.00 FEET, AN ARC DISTANCE OF 82.01 FEET, SAID ARC BEING SUBTENDED BY A CHORD BEARING AND DISTANCE OF NORTH 78°53'24" WEST, 80.42 FEET TO THE POINT TANGENCY; COURSE NO. 5: SOUTH 81°31'57" WEST, 20.36 FEET TO THE POINT OF CURVATURE OF A CURVE TO THE SOUTHWEST; COURSE NO. 6: ALONG AND AROUND THE ARC OF SAID CURVE, CONCAVE SOUTHEASTERLY, HAVING A RADIUS OF 30.00 FEET, AN ARC DISTANCE OF 41.71 FEET, SAID ARC BEING SUBTENDED BY A CHORD BEARING AND DISTANCE OF SOUTH 41°42'02" WEST, 38.43 FEET TO THE POINT OF BEGINNING.

PARCEL 2
BUILDING TWO

A PORTION OF LOT 2, SECTION 5, TOWNSHIP 4 SOUTH, RANGE 26 EAST, AS SHOWN ON THE PLAT OF ORANGE PARK, AS RECORDED IN PLAT BOOK 1, PAGE 23 OF THE PUBLIC RECORDS OF CLAY COUNTY, FLORIDA, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:

COMMENCE AT THE MOST SOUTHEASTERLY CORNER OF LOT 4, BLOCK 8, GROVE PARK VILLAGE, AS RECORDED IN PLAT BOOK 14, PAGES 10 THROUGH 13, INCLUSIVE OF SAID PUBLIC RECORDS; THENCE NORTH 01°23'40" WEST, ALONG THE EASTERLY BOUNDARY OF SAID GROVE PARK VILLAGE AND ALONG THE EAST LINE OF LOT 5, AS SHOWN ON SAID PLAT OF ORANGE PARK, 2356.11 FEET TO THE SOUTHERLY RIGHT-OF-WAY LINE OF WELLS ROAD (A 100' PUBLIC RIGHT-OF-WAY AS NOW ESTABLISHED); THENCE ALONG LAST SAID LINE RUN THE FOLLOWING FOUR (4) COURSES AND DISTANCES; COURSE NO. 1: NORTH 62°38'54" EAST, 33.70 FEET TO THE POINT OF CURVATURE OF A CURVE TO THE NORTHEAST; COURSE NO. 2: ALONG AND AROUND THE ARC OF SAID CURVE, CONCAVE SOUTHERLY, HAVING A RADIUS OF 1809.86 FEET, AN ARC DISTANCE OF 853.66 FEET, SAID ARC BEING SUBTENDED BY A CHORD BEARING AND DISTANCE OF NORTH 76°09'39" EAST, 845.77 FEET TO THE POINT OF TANGENCY; COURSE NO. 3: NORTH 89°40'24" EAST, 734.79 FEET TO THE POINT OF BEGINNING; COURSE NO. 4: CONTINUE NORTH 89°40'24" EAST, 167.12 FEET; THENCE SOUTH 00°19'33" EAST, 229.74 FEET; THENCE NORTH 89°40'24" EAST, 72.80 FEET; THENCE SOUTH 21°45'55" WEST, 65.87 FEET; THENCE SOUTH 01°44'53" EAST, 218.27 FEET; THENCE SOUTH 89°27'53" WEST, 400.13 FEET; THENCE NORTH 00°00'40" EAST, 161.83 FEET TO THE SOUTHERLY RIGHT-OF-WAY LINE OF PLAZA CIRCLE (A VARIABLE WIDTH PRIVATE RIGHT-OF-WAY AS NOW ESTABLISHED), AND THE ARC OF A CURVE TO THE NORTHEAST; THENCE NORTHEASTERLY AND NORTHWESTERLY, ALONG THE SOUTHERLY AND EASTERLY RIGHT-OF-WAY LINE OF SAID PLAZA CIRCLE, RUN THE FOLLOWING THREE (3) COURSES AND DISTANCES: COURSE NO. 1: ALONG AND AROUND THE ARC OF SAID CURVE, CONCAVE NORTHWESTERLY, HAVING A RADIUS OF 165.00 FEET, AN ARC DISTANCE OF 237.73 FEET, SAID ARC BEING SUBTENDED BY A CHORD BEARING AND DISTANCE OF NORTH 40°56'56" EAST, 217.70 FEET TO THE POINT OF TANGENCY; COURSE NO. 2: NORTH 00°19'36" WEST, 149.99 FEET TO THE POINT OF CURVATURE OF A CURVE TO THE NORTHEAST; COURSE NO. 3: ALONG AND AROUND THE ARC OF SAID CURVE, CONCAVE SOUTHEASTERLY, HAVING A RADIUS OF 35.00 FEET, AN ARC DISTANCE OF 54.98 FEET, SAID ARC BEING SUBTENDED BY A CHORD BEARING AND DISTANCE OF NORTH 44°40'24" EAST, 49.50 FEET TO THE POINT OF BEGINNING.

PARCEL 3
PARKING LOT

A PORTION OF LOTS 3 AND 4, SECTION 5, TOWNSHIP 4 SOUTH, RANGE 26 EAST, AS SHOWN ON THE PLAT OF ORANGE PARK AS RECORDED IN PLAT BOOK 1, PAGE 23 OF THE PUBLIC RECORDS OF CLAY COUNTY, FLORIDA, AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:

COMMENCE AT THE SOUTHEASTERLY CORNER OF LOT 4, BLOCK 8, GROVE PARK VILLAGE, AS RECORDED IN PLAT BOOK 14, PAGES 10 THROUGH 13, INCLUSIVE OF THE PUBLIC RECORDS OF SAID COUNTY; THENCE NORTH 01°23'40" WEST, ALONG THE EASTERLY BOUNDARY OF SAID GROVE PARK VILLAGE, AND ALONG THE EAST LINE OF LOT 5, AS SHOWN ON SAID PLAT OF ORANGE PARK, A DISTANCE OF 1954.63 FEET; THENCE SOUTH 82°59'31" EAST, 66.14 FEET; THENCE NORTH 01°23'40" WEST, 142.23 FEET; THENCE NORTH 71°30'00" EAST, 573.81 FEET TO THE POINT OF BEGINNING; THENCE CONTINUE NORTH 71°30'00" EAST, 48.84 FEET TO THE ARC OF A CURVE TO THE SOUTHEAST; THENCE ALONG AND AROUND THE ARC OF SAID CURVE, CONCAVE NORTHERLY, HAVING A RADIUS OF 153.00 FEET, AN ARC DISTANCE OF 129.98 FEET, SAID ARC BEING SUBTENDED BY A CHORD BEARING AND DISTANCE OF SOUTH 74°07'46" EAST, 126.11 FEET, TO THE POINT OF TANGENCY; THENCE NORTH 81°31'57" EAST, 20.16 FEET TO THE POINT OF CURVATURE OF A CURVE TO THE SOUTHEAST; THENCE ALONG AND AROUND THE ARC OF SAID CURVE, CONCAVE SOUTHWESTERLY, HAVING A RADIUS OF 30.00 FEET, AN ARC DISTANCE OF 50.24 FEET, SAID ARC BEING SUBTENDED BY A CHORD BEARING AND DISTANCE OF SOUTH 50°30'01" EAST, 44.57 FEET, TO THE WESTERLY RIGHT-OF-WAY LINE OF CROSSINGS BOULEVARD (A 60 FOOT PUBLIC RIGHT-OF-WAY AS PER OFFICIAL RECORDS BOOK 1142, PAGE 579) AND THE POINT OF COMPOUND CURVATURE OF A CURVE TO THE SOUTHWEST; THENCE SOUTHEASTERLY AND SOUTHWESTERLY ALONG SAID WESTERLY RIGHT-OF-WAY LINE, RUN THE FOLLOWING THREE (3) COURSES AND DISTANCES: COURSE NO. 1: ALONG AND AROUND THE ARC OF SAID CURVE CONCAVE WESTERLY, HAVING A RADIUS OF 368.52 FEET, AN ARC DISTANCE OF 138.77 FEET, SAID ARC BEING SUBTENDED BY A CHORD BEARING AND DISTANCE OF SOUTH 08°15'16" WEST, 137.95 FEET, TO THE POINT OF REVERSE CURVATURE OF A CURVE TO THE SOUTHWEST; COURSE NO. 2: ALONG AND AROUND THE ARC OF SAID CURVE, CONCAVE EASTERLY, HAVING A RADIUS OF 1582.49 FEET, AN ARC DISTANCE OF 222.64 FEET, SAID ARC BEING SUBTENDED BY A CHORD BEARING AND DISTANCE OF SOUTH 15°00'40" WEST, 222.46 FEET TO THE POINT OF TANGENCY; COURSE NO 3: SOUTH 10°58'50" WEST, 67.38 FEET; THENCE NORTH 75°22'45" WEST, DEPARTING SAID WESTERLY RIGHT-OF-WAY LINE, 41.03 FEET; THENCE NORTH 26°51'37" EAST, 103.30 FEET; THENCE NORTH 76°34'56" WEST, 133.58 FEET; THENCE NORTH 13°25'04" EAST, 35.00 FEET; THENCE NORTH 76°34'56" WEST, 43.13 FEET; THENCE NORTH 13°25'04" EAST, 237.50 FEET; THENCE NORTH 76°34'56" WEST, 13.60 FEET; THENCE NORTH 18°30'00" WEST, 52.91 FEET TO THE POINT OF BEGINNING.

PARCEL 4
LAKE PARCEL

A PORTION OF LOTS 2 AND 3, SECTION 5, TOWNSHIP 4 SOUTH, RANGE 26 EAST, AS SHOWN ON THE PLAT OF ORANGE PARK, AS RECORDED IN PLAT BOOK 1, PAGE 23 OF THE PUBLIC RECORDS OF CLAY COUNTY, FLORIDA, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:

COMMENCE AT THE MOST SOUTHEASTERLY CORNER OF LOT 4, BLOCK 8, GROVE PARK VILLAGE, AS RECORDED IN PLAT BOOK 14, PAGES 10 THROUGH 13, INCLUSIVE OF SAID PUBLIC RECORDS; THENCE NORTH 01°23'40" WEST, ALONG THE EASTERLY BOUNDARY OF SAID GROVE PARK VILLAGE AND ALONG THE EAST LINE OF LOT 5, AS SHOWN ON SAID PLAT OF ORANGE PARK, 2356.11 FEET TO THE SOUTHERLY RIGHT-OF-WAY LINE OF WELLS ROAD (A 100' PUBLIC RIGHT-OF-WAY AS NOW ESTABLISHED); THENCE ALONG LAST SAID LINE RUN THE FOLLOWING THREE (3) COURSES AND DISTANCES; COURSE NO. 1: NORTH 62°38'54" EAST, 33.70 FEET TO THE POINT OF CURVATURE OF A CURVE TO THE NORTHEAST; COURSE NO. 2: ALONG AND AROUND THE ARC OF SAID CURVE, CONCAVE SOUTHERLY, HAVING A RADIUS OF 1809.86 FEET, AN ARC DISTANCE OF 853.66 FEET, SAID ARC BEING SUBTENDED BY A CHORD BEARING AND DISTANCE OF NORTH 76°09'39" EAST, 845.77 FEET TO THE POINT OF TANGENCY; COURSE NO. 3: NORTH 89°40'24" EAST, 901.91 FEET; THENCE SOUTH 00°19'33" EAST, 229.74 FEET; THENCE NORTH 89°40'24" EAST, 72.80 FEET, TO THE POINT OF BEGINNING; THENCE SOUTH 21°45'55" WEST, 65.87 FEET; THENCE SOUTH 01°44'53" EAST, 218.27 FEET; THENCE SOUTH 89°27'53" WEST, 397.70 FEET; THENCE SOUTH 02°40'19" WEST, 270.43 FEET; THENCE NORTH 89°40'24" EAST, 150.01 FEET; THENCE NORTH 57°48'01" EAST, 468.40 FEET; THENCE NORTH 21°20'37" WEST, 325.04 FEET, TO THE POINT OF BEGINNING.

TOGETHER WITH EASEMENTS IN DECLARATION OF COVENANTS AND RESTRICTIONS FOR WELLS CROSSING IN OFFICIAL RECORDS VOLUME 1143, PAGE 104.

ALSO TOGETHER WITH GRANT OF EASEMENT FOR INGRESS AND EGRESS DATED FEBRUARY 25, 2003, RECORDED AT OFFICIAL RECORDS VOLUME 2163, PAGE 1671.

ALSO TOGETHER WITH RECIPROCAL EASEMENT RECORDED IN OFFICIAL RECORDS BOOK 1755 PAGE 271 (PARCEL 2).

ALSO TOGETHER WITH DECLARATION OF ACCESS AND UTILITY EASEMENTS RECORDED IN OFFICIAL RECORDS BOOK 2163, PAGE 1693.

AND

EXHIBIT “A-2” (PHASE III MORTGAGED PROPERTY)

PARCEL 5

A PORTION OF LOT 4, SECTION 5, TOWNSHIP 4 SOUTH, RANGE 26 EAST, AS SHOWN ON THE PLAT OF ORANGE PARK, AS RECORDED IN PLAT BOOK 1 PAGE 23, OF THE PUBLIC RECORDS OF CLAY COUNTY, FLORIDA, AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:

COMMENCE AT THE SOUTHEASTERLY CORNER OF LOT 4, BLOCK 8, GROVE PARK VILLAGE, AS RECORDED IN PLAT BOOK 14 PAGE 10 THROUGH 13, INCLUSIVE OF THE PUBLIC RECORDS OF SAID COUNTY; THENCE NORTH 01°23'40" SECONDS WEST, ALONG THE EASTERLY BOUNDARY OF SAID GROVE PARK VILLAGE, AND ALONG THE EAST LINE OF LOT 5, AS SHOWN ON SAID PLAT OF ORANGE PARK, A DISTANCE OF 1954.63 FEET; THENCE SOUTH 82°59'31" EAST, 66.14 FEET; THENCE NORTH 01°23'40" WEST, 127.70 FEET TO THE POINT OF BEGINNING; THENCE CONTINUE NORTH 01°23'40" EAST, 14.53 FEET; THENCE NORTH 71°30'00" EAST, 573.81 FEET; THENCE SOUTH 18°30'00" EAST, 52.91 FEET; THENCE SOUTH 76°34'56" EAST, 13.60 FEET; THENCE SOUTH 13°25'04" WEST, 237.50 FEET; THENCE SOUTH 76°34'56" EAST, 43.13 FEET; THENCE SOUTH 13°25'04" WEST, 35.00 FEET; THENCE NORTH 76°34'56" WEST, 568.04 FEET TO THE POINT OF BEGINNING.

TOGETHER WITH AN EASEMENT FOR INGRESS AND EGRESS IN OFFICIAL RECORDS BOOK 2163, PAGE 1671, OF THE PUBLIC RECORDS OF CLAY COUNTY, FLORIDA.

A/K/A: 330 Crossing Boulevard, Orange Park, Florida 32073;
335 Crossing Boulevard, Orange Park, Florida 32073; and
505 Plaza Circle, Orange Park, Florida 32073.

Clay County Parcel Identification Nos. 05-04-26-019825-001-57;
05-04-26-019825-001-61; 05-04-26-019825-001-62;
05-04-26-019825-001-64; 05-04-26-019825-001-65; and
05-04-26-019825-001-66.