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628-Placid Lake Orion Real Estate & Development Company 744 HighlandAvenue * Orlando, Florida 32803 * (407) 648-8541 · Fax (407) 648-9044 WATER AND WASTEWATER UTILITIES BILL OF SALE The Orion Real Estate & Development Company, a Florida corporation, located at 744 Highland Avenue, Orlando, County of Orange, State of Florida, Seller, for and in consideration of the sum of One ($1.00) Dollar and other valuable consideration paid to Seller by City of Sanford a political subdivision of the State of Florida, Buyer, receipt of which is hereby acknowledged does grant, sell, transfer, convey and deliver to Buyer all pipes, lines, gate values, value boxes, fittings, thrust blocks, hydrants, equipment, lift stations and other goods which comprise the water and sewer system installed by Seller and located on the following City easements or rights-of-way as shown on recorded drawings, more specifically described as follows: PROJECT: Legal Description: A parcel of land being a portion of Tract "E", PLACID LAKE subdivision, according to the plat thereof as recorded in Plat Book 43, Pages 5 through 10, inclusive, of the Public Records of Seminole County, Florida. Being more particularly described as follows: BEGIN at the most Southerly corner of Tract "E", PLACID LAKE subdivision, according to the plat thereof as recorded in Plat Book 43, Pages 5 through 10 inclusive, of the Public Records of Seminole County, Florida, run North 36°55'21" West, along the Southwest line of said Tract "E", a distance of 80.00 feet; thence, departing said Southwest line, run North 65°33'13" East a distance of 138.89 feet; thence run North 53°04'39" East a distance of 50.00 feet to a point of curvature of a curve concave to the West and having a radius of 100.00 feet; thence run North along said curve for an arc distance of 115.87 feet through a central angle of 66023'25" to the point of reverse curvature of a curve concave to the East and having a radius of 350.00 feet; thence run North along said curve for an arc distance of 116.55 feet through a central angle of 19°04'45" to the point of tangency; thence run North 05045'59" a distance of 54.06 feet; thence run North 26054'33" West a distance of 164.36 feet; thence run North 34°42'24" West a distance of 131.06 feet; thence run North 36°14'11" West a distance of 99.86 feet; thence run North 47°04'54" East a distance of 122.30 feet; thence run North Page 1 of 2 42o55'06'' West a distance of 47.25 feet; thence run North 36°41'13'' East a distance of 197.60 feet; thence run North 48000'54'' West a distance of 5.00 feet; thence run North 41°59'06'' East a distance of 97.98 feet; thence run North 48°00'54'' West a distance of 7.69 feet; thence run North 41059'06" East a distance of 114.08 feet; thence run North 34°21'09" East a distance of 187.63 feet; thence run South 89°16'12'' East a distance of 501.53 feet; thence run South 89°16'50'' East a distance of 50.00 feet; thence run South 89015'52'' East a distance of 95.00 feet to the East line of said Tract "E"; thence run South 00°44'08'' West, along said East line, a distance of 948.00 feet to the Southeast corner of said Tract 'E'; thence run Southwesterly, along the Southerly lines of said Tract "E", the following bearings and distances: South 69046'35'' West a distance of 704.20 feet; thence run North 57°33'40" West a distance of 128.40 feet; thence run North 35°09'53'' West a distance of 9.95 feet; thence run South 19°51'49" West a distance of 55.69 feet; thence run North 53°04'39" East a distance of 21.96 feet; thence run South 57°34'48" East a distance of 26.71 feet to the POINT OF BEGINNING. Contains 22.420 acres more or less. Buyer shall have all rights and title to the goods in itself and its assigns. Seller warrants that it is lawful owner of the goods and the goods are free from all liens and encumbrances. Seller has good right to sell the goods and will warrant and defend the right against the lawful claims and demands of all persons, IN WITNESS WHEREOF, Seller has executed this Agreement at Orlando, Florida on ~ day of ~?~,,/,,~ 1996, C~~uhier, Vice P sident WITNE TTEST Page 2 of 2