Crescent City Properties Crescent City, FL 32112

PARCEL "A": THE WEST 32 FEET OF THE NORTH 75 FEET OF LOT 1, BLOCK 2, AS PER MAP OF THE TOWN OF CRESCENT CITY, FLORIDA, ACCORDING TO THE PLAT THEREOF AS RECORDED IN MAP BOOK 2, PAGE 30, OF THE PUBLIC RECORDS OF PUTNAM COUNTY, FLORIDA. AND COMMENCING AT THE NORTHWEST CORNER OF LOT 1, BLOCK 2, AS PER MAP OF THE TOWN OF CRESCENT CITY, FLORIDA, ACCORDING TO THE PLAT THEREOF AS RECORDED IN MAP BOOK 2, PAGE 30, OF THE PUBLIC RECORDS OF PUTNAM COUNTY, FLORIDA, RUNNING THENCE SOUTH PARALLEL WITH PROSPECT STREET 75 FEET FOR A POINT OF BEGINNING; THENCE RUN SOUTH 16 FEET, THENCE RUN EAST PARALLEL WITH CENTRAL AVENUE 32 FEET, THENCE RUN NORTH PARALLEL WITH PROSPECT STREET 16 FEET, THENCE RUN WEST PARALLEL WITH CENTRAL AVENUE 32 FEET TO THE POINT OF BEGINNING. PARCEL "B": COMMENCING AT THE NORTHWEST CORNER OF LOT 1, BLOCK 2, TOWN OF CRESCENT CITY, FLORIDA, THENCE RUN SOUTH 153 FEET 9 INCHES TO A PERMANENT MARKER FOR THE POINT OF BEGINNING, THENCE RUN EAST 32 FEET; THENCE RUN NORTH 40 FEET; THENCE RUN WEST 32 FEET; THENCE RUN SOUTH 40 FEET TO THE POINT OF BEGINNING, ALL ACCORDING TO THE MAP AND PLAT FILED IN THE OFFICE OF THE CLERK OF THE CIRCUIT COURT OF PUTNAM COUNTY, FLORIDA IN MAP BOOK 2, PAGE 30, PUBLIC RECORDS OF PUTNAM COUNTY, FLORIDA. AND BEGINNING 153 3/4 FEET SOUTH OF THE NORTHWEST CORNER OF LOT 4, BLOCK 2, AS PER PLAT OF TOWN OF CRESCENT CITY, FLORIDA, ON FILE IN THE OFFICE OF THE CLERK OF THE CIRCUIT COURT OF PUTNAM COUNTY, FLORIDA IN MAP BOOK 2, PAGE 30, PUBLIC RECORDS OF PUTNAM COUNTY, RUNNING THENCE SOUTH ALONG THE LINE OF SUMMIT STREET A DISTANCE OF 87 1/2 FEET; THENCE EAST A DISTANCE OF 150 FEET; THENCE NORTH A DISTANCE OF 87 1/2 FEET; THENCE WEST A DISTANCE OF 150 FEET TO THE POINT OF BEGINNING. PARCEL "C": THE EAST 50 FEET OF THE WEST 82 FEET OF THE NORTH 75 FEET OF LOT 1, IN BLOCK 2 OF TOWN OF CRESCENT CITY, FLORIDA, ACCORDING TO THE PLAT THEREOF, RECORDED IN MAP BOOK 2, PAGE 30, OF THE PUBLIC RECORDS OF PUTNAM COUNTY, FLORIDA. PARCEL"D": BEING A PART OF LOT 4, BLOCK 2, TOWN OF CRESCENT CITY, ACCORDING TO THE MAP OF E.G. DIKE FILED IN PLAT BOOK 2, PAGE 30, PUBLIC RECORDS OF PUTNAM COUNTY, FLORIDA, AND MORE PARTICULARLY DESCRIBED AS FOLLOWS: FROM THE NORTHWEST CORNER OF LOT 4, BLOCK 2, RUN EAST AND ALONG THE SOUTH LINE OF CENTRAL AVENUE 75 FEET TO A POINT; THENCE RUN SOUTH AND PARALLEL WITH THE EAST LINE OF SUMMIT STREET 140 FEET TO A POINT; THENCE RUN WEST AND PARALLEL WITH CENTRAL AVENUE 75 FEET TO THE EAST LINE OF SUMMIT STREET; THENCE NORTH ALONG THE EAST SIDE OF SUMMIT STREET 140 FEET TO THE POINT OF BEGINNING. PARCEL"E": ALL OF LOT 1, BLOCK 2, OF TOWN OF CRESCENT CITY, ACCORDING TO SURVEY AND PLAT THEREOF BY E.G. DIKE, C.E., AND FILED IN THE OFFICE OF THE CLERK OF THE CIRCUIT COURT OF PUTNAM COUNTY, FLORIDA IN MAP BOOK 2, PAGE 30; EXCEPT ALL THOSE PIECES AS DESCRIBED IN THE FOLLOWING BOOKS AND PAGES: DEED BOOK 100, PAGE 220, DEED BOOK 208, PAGE 158; DEED BOOK 211, PAGE 15; DEED BOOK 213, PAGE 161, ALL ACCORDING TO THE PUBLIC RECORDS OF PUTNAM COUNTY, FLORIDA. PARCEL "F": THE SOUTH 107.5 FEET OF LOT 1, BLOCK 2, OF THE TOWN OF CRESCENT CITY, ACCORDING TO SURVEY AND PLAT THEREOF BY E.G. DIKE, C.E. AND FILED IN THE OFFICE OF THE CLERK OF THE CIRCUIT COURT OF PUTNAM COUNTY, FLORIDA IN MAP BOOK 2, PAGE 30; EXCEPT THAT PARCEL DESCRIBED IN DEED BOOK 213, PAGE 175, ACCORDING TO THE PUBLIC RECORDS OF PUTNAM COUNTY, FLORIDA. PARCEL “G”: THE EAST 29 FEET OF THE NORTH 153 FEET 9 INCHES OF LOT 4, BLOCK 2, OF THE TOWN OF CRESCENT CITY, FLORIDA, ALL ACCORDING TO THE PLAT THEREOF SURVEYED AND PLATTED BY E.G. DIKE, C.E. AND FILED FOR RECORD IN THE OFFICE OF THE CLERK OF THE CIRCUIT COURT, PUTNAM COUNTY, FLORIDA IN MAP BOOK 2, PAGE 30, PUBLIC RECORDS OF PUTNAM COUNTY, FLORIDA. AND BEGINNING AT A POINT ON THE SOUTH SIDE OF CENTRAL AVENUE 179 FEET WEST OF THE EAST FACE OF THE EAST WALL OF A BRICK BUILDING NOW STANDING AT THE SOUTHWEST CORNER OF CENTRAL AVENUE AND PROSPECT STREET IN THE TOWN OF CRESCENT CITY, FLORIDA, ALL ACCORDING TO THE PLAT THEREOF RECORDED IN MAP BOOK 2, PAGE 30, PUBLIC RECORDS OF PUTNAM COUNTY, FLORIDA MEASURING SAID DISTANCE OF 179 FEET ALONG THE SOUTH LINE OF CENTRAL AVENUE; THENCE WESTERLY ALONG THE SAID STREET LINE 45 FEET 7 INCHES TO A POINT; THENCE SOUTHERLY AT RIGHT ANGLES A DISTANCE OF 140 FEET TO A POINT ON THE NORTH SIDE OF THE 13 FOOT ALLEY OR WAY; THENCE AT RIGHT ANGLES EASTERLY ALONG THE NORTH SIDE OF SAID ALLEY OR WAY, A DISTANCE OF 45 FEET 7 INCHES TO A POINT; THENCE AT RIGHT ANGLES 140 FEET TO THE POINT OF BEGINNING. SAID LANDS ALSO BEING DESCRIBED AS: A PORTION OF LOT 3, AND ALL OF LOTS 1 AND 4, BLOCK 2, TOWN OF CRESCENT CITY, PLAT BOOK 2, PAGE 30, OF THE PUBLIC RECORDS OF PUTNAM COUNTY, FLORIDA, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: FOR A POINT OF BEGINNING, COMMENCE AT THE NORTHWEST CORNER OF LOT 4, OF SAID BLOCK 2, SAID CORNER ALSO BEING THE INTERSECTION OF THE SOUTH RIGHT OF WAY LINE OF CENTRAL AVENUE, A 75.00 RIGHT OF WAY AS NOW ESTABLISHED AND THE EAST RIGHT OF WAY LINE OF SUMMIT STREET, A VARIABLE WIDTH RIGHT OF WAY AS NOW ESTABLISHED ; THENCE SOUTH 90 DEGREES 00'00” EAST ALONG THE SOUTH RIGHT OF WAY LINE OF SAID CENTRAL AVENUE, A DISTANCE OF 300.00 FEET TO THE NORTHEAST CORNER OF LOT 1, ALSO BEING THE INTERSECTION OF THE SOUTH RIGHT OF WAY LINE OF SAID CENTRAL AVENUE AND THE WEST RIGHT OF WAY LINE OF PROSPECT STREET, A 60 FOOT WIDTH RIGHT OF WAY AS NOW ESTABLISHED; THENCE SOUTH 00 DEGREES 00'00” EAST, ALONG SAID RIGHT OF WAY LINE OF PROSPECT STREET, A DISTANCE OF 190.75 FEET TO THE SOUTHEAST CORNER OF SAID LOT 1; THENCE SOUTH 90 DEGREES 00'00” WEST DEPARTING SAID PROSPECT STREET AND ALONG SAID SOUTH LINE OF LOT 1, A DISTANCE OF 150.00 FEET TO THE NORTHEAST CORNER OF LOT 3; THENCE SOUTH 00 DEGREES 00'00” EAST, A DISTANCE OF 50.50 FEET; THENCE SOUTH 90 DEGREES 00'00” WEST, TO THE WEST RIGHT OF WAY LINE OF SAID SUMMIT STREET, A DISTANCE OF 150.00 FEET; THENCE NORTH 00 DEGREES 00'00” EAST, ALONG SAID RIGHT OF WAY LINE OF SUMMIT STREET, A DISTANCE OF 87.50 FEET; THENCE SOUTH 90 DEGREES 00'00” EAST, DEPARTING SAID RIGHT OF WAY LINE, A DISTANCE OF 120.67 FEET; THENCE NORTH 00 DEGREES 00'00” EAST, A DISTANCE OF 13.75 FEET; THENCE SOUTH 90 DEGREES 00'00” WEST, A DISTANCE OF 120.67 FEET TO SAID EAST RIGHT OF WAY LINE OF SUMMIT STREET, THENCE NORTH 00 DEGREES 00'00” EAST ALONG SAID SUMMIT STREET , A DISTANCE OF 140.00 FEET TO THE POINT OF BEGINNING. PARCEL NO. 1: BEGINNING AT A POINT ON THE EASTERLY LINE OF SUMMIT STREET 75 FEET NORTHERLY FROM THE SOUTHWESTERLY CORNER OF BLOCK 2, AS PER PLAT OF THE TOWN OF CRESCENT CITY, RUNNING THENCE EASTERLY AND PARALLEL WITH THE NORTHERLY LINES OF CYPRESS AVENUE, 138 FEET, THENCE NORTHERLY AND PARALLEL WITH THE EASTERLY LINE OF SUMMIT STREET, 25 FEET, THENCE EASTERLY AND PARALLEL WITH THE NORTHERLY LINE OF CYPRESS AVENUE, 12 FEET, THENCE NORTHERLY 37 ½ FEET, THENCE WESTERLY AND PARALLEL WITH THE NORTHERLY LINE OF CYPRESS AVENUE 150 FEET TO THE EASTERLY LINE OF SUMMIT STREET; THENCE SOUTHERLY ALONG THE EASTERLY LINE OF SUMMIT STREET 62 ½ FEET TO THE POINT OF BEGINNING. PARCEL NO. 2: THE WEST 81 FEET OF THE SOUTH 75 FEET OF THE WEST 138 FEET OF LOT 3, BLOCK 2, OF THE TOWN OF CRESCENT CITY, AS PER PLAT OF SAID TOWN BY E.G. DYKE, C.E. FILED MAY 19, 1876 AND RECORDED IN PLAT BOOK 2 PAGE 30 OF THE PUBLIC RECORDS OF PUTNAM COUNTY, FLORIDA. PARCEL NO. 3: COMMENCING AT THE SOUTHEAST CORNER OF LOT NUMBER TWO (2) IN BLOCK NUMBER TWO (2) ON PROSPECT STREET, RUNNING THENCE NORTH ONE HUNDRED (100) FEET; THENCE WEST ONE HUNDRED SIXTY-TWO (162) FEET; THENCE SOUTH ONE HUNDRED (100) FEET; THENCE EAST ONE HUNDRED SIXTY TWO (162) FEET TO THE PLACE OFBEGINNING, ACCORDING TO THE PLAT OF THE TOWN OF CRESCENT CITY, FLORIDA, NOW ON FILE IN THE OFFICE OF THE CLERK OF THE CIRCUIT COURT, PUTNAM COUNTY, FLORIDA.

Crescent City Properties Crescent City, FL 32112

BUYER UNDERSTANDS AND ACKNOWLEDGES THAT PROPERTY CONDITION MAY ADVERSLY IMPACT THE AVAILABILITY OF FINANCING FOR SAID PROPERTY. BUYER ACKNOWLEDGES THIS MUST BE A CASH ONLY TRANSACTION. BUYER AGREES TO ACCEPT 'AS IS, WHERE IS' AND IS RESPONSIBLE FOR ALL COSTS AND REMEDIATIONS THEREIN. BUYER FURTHER ACKNOWLEDGES AND UNDERSTANDS THAT NEITHER THE SELLER, WILLIAMS & WILLIAMS, NOR IT'S AGENTS MAKE ANY ASSERTIONS OR GUARANTEES AS TO THE CONDITION OF SAID PROPERTY HEREIN. BUYER ACKNOWLEDGES RECEIPT OF AND HAS INITIALED THE FOLLOWING: ADDENDUM TO REAL ESTATE PURCHASE CONTRACT, LEAD BASED PAINT ADDENDUM, BUYER'S CERTIFICATION PACKET. BUYER RESPONSIBLE FOR ALL REMEDIATIONS AND COSTS THEREIN. SELLER WILL PAY THE AUCTION SERVICE FEE (REFERENCED IN PARAGRAPH 3 OF SECTION 4 OF THE PURCHASE CONTRACT) ON BEHALF OF THE BUYER AT THE TIME OF CLOSING. BUYER ACKNOWLEDGES AND UNDERSTANDS THAT ALL OR SOME PARCELS OF THIS AGGREGATED PROPERTY ARE SUBJECT TO MONETARY CLAIMS MADE BY THE CITY OF CRESCENT CITY, FLORIDA. SAID MONETARY CLAIMS ARE CHARACTERIZED AS FINES AND LIENS BASED ON FINES ASSOCIATED WITH ZONING AND ORDINANCE VIOLATIONS ON THE PROPERTY. SAID LIEN AMOUNTS ARE CURRENTLY IN EXCESS OF $100,000 IN TOTAL. SAID FINES CONTINUE TO ACRUE ON A DAILY BASIS AT AN AMOUNT OF APPROXIMATELY $75 PER DAY. BUYER FURTHER UNDERSTANDS AND AGREES TO ACCEPT RESPONSIBILITY FOR THESE FINES AND LIENS ASSOCIATED WITH THE PROPERTY WHETHER THE FINES OR LIENS WERE ASSESSED PRIOR TO OR AFTER THE SALE DATE. BUYERS AGREE TO PURCHASE THE PROPERTY WITH THIS KNOWLEDGE AND AGREE TO MAKE ANY NECESSARY REPAIRS AND ACCEPTS RESPONSIBILITY FOR ALL COMPLIANCE MEASURES REQUIRED INCLUDING BUT NOT LIMITED TO THE PAYMENT OF FINES AND SATISFACTION OF ANY LIENS. BUYER IS PURCHASING PROPERTY AS-IS AND ACCEPTS RESPONSIBILITY FOR ANY AND ALL REMEDIATIONS THEREOF INCLUDING BUT NOT LIMITED TO CORRECTING ANY CODE VIOLATIONS, ESCROWING FUNDS AND MEETING ALL OTHER CITY REQUIREMENTS AT BUYER'S EXPENSE. BUYER UNDERSTANDS AND ACKNOWLEDGES THAT THE AFORMENTIONED LIENS MAY BE REQUIRED TO BE SATISFIED AS A CONDITION FOR CLOSING.

FL  RE LIC BK3223097 DANIEL NELSON BROKER
W&W RE LIC 1032049
AUC LIC AU3278 MONTE W. LOWDERMAN AUCTIONEER
AUC LIC AU3383 THOMAS EDWARD BARNES AUCTIONEER
AUC LIC AU3010 TOMMY ASSITER AUCTIONEER
AUC LIC AU1073 JERRY KING AUCTIONEER
AUC LIC AU3921 JOSEPH MAST AUCTIONEER
AUC LIC AU3928 TONY LANGDON AUCTIONEER
AUC LIC AU4017 OTHA TAYLOR AUCTIONEER
W&W AUC LIC AB-0000760,