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<br />EXHIBIT "B" <br /> <br />PERMITTED EXCEPTIONS <br /> <br />I. Restrictions, conditions, reservations, easements and other matters contained on the <br />Plat of 2nd Revised Plat of Bella Vista Subdivision, a recorded in Plat Book 50, Page <br />76, Public Records of Miami-Dade County, Florida. <br /> <br />2. Ordinance No. 80-13, filed 1980 under Official Records Book 10702, Page 1616. <br /> <br />3. Restrictions for Plat filed December 31, 1937 in Deed Book 1856, Page 175 as <br />modified in Deed Book 2206, Page 213, Deed Book 2273, Page 364, and Deed Book <br />2873, Page 313, 325 and 331. <br /> <br />4. Grant for Disposal of Dredged Material, Intracoastal Waterway, filed June 10, 1932. <br /> <br />5. A portion of the caption lands taken in case number 85-14791, filed April II, 1985 in <br />Official Records Book 12475, Page 269 (Lis Pendens), filed May 15, 1985, in <br />Official Records Book 12510, Page 2848, re-recorded May 16, 1985 in Official <br />Records Book 12512, Page 113 (Order of Taking) and Certificate of Payment filed <br />May 16, 1985 in Official Records Book 12512, Page 126. <br /> <br />6. Easement as set forth in that SOVEREIGNTY SUBMERGED LAND EASEMENT <br />filed August 29, 1990 in Official Records Book 14683, Page 276. <br /> <br />MAZACCO - OPTION AGREEMENT <br /> <br />SIB <br />