PURCHASE OF PROPERTY DESC. AS FOLLOWS: A negotiated and mutually suitable 5-acre frontage parcel of US Highway 98 of the following parent parcel described as: LEGAL DESCRIPTION 25.468 ACRE PARCEL A PARCEL OF LAND LYING AND BEING IN SECTION 19, TOWNSHIP 8 SOUTH, RANGE 10 WEST, GULF COUNTY, FLORIDA AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCE AT THE NORTHEAST CORNER OF SECTION 19, TOWNSHIP 8 SOUTH, RANGE 10 WEST, GULF COUNTY, FLORIDA AND PROCEED NORTH 88 DEGREES 52 MINUTES 58 SECONDS WEST, ALONG THE NORTH LINE OF SAID SECTION 19, FOR A DISTANCE OF 757.10 FEET; THENCE LEAVING SAID NORTH LINE PROCEED SOUTH 01 DEGREE 07 MINUTES 02 SECONDS WEST, FOR A DISTANCE OF 188.21 FEET TO A POINT MARKING THE INTERSECTION OF THE SOUTH RIGHT OF WAY LINE OF U.S. HIGHWAY 98 (200' RIGHT OF WAY) WITH THE WESTERLY RIGHT OF WAY LINE OF A DUKE ENERGY EASEMENT (100' RIGHT OF WAY); THENCE NORTH 89 DEGREES 22 MINUTES 08 SECONDS WEST, ALONG SAID SOUTH RIGHT OF WAY, FOR A DISTANCE OF 600.95 FEET) TO THE POINT OF BEGINNING;
