Property Information Package

21221 Peachland Blvd.

Port Charlotte, Florida

The information contained herein is intended to provide interested parties with preliminary information

only. This list is not a solicitation of offers and does not constitute an offer to sell. The

information is provided for the purpose of inviting further inquiry and has been obtained from

sources we believe to be reliable. All properties are sold in an "AS IS" condition. The FDIC

makes no guarantee, warranty, or representation, expressed or implied as to the location, quality,

kind, character, size, description, or fitness for any use or purpose, now or hereafter.

Executive Summary

21221 Peachland Blvd.

Port Charlotte, Florida

Asset No. 2101035000101

The information contained herein is intended to provide interested parties with

preliminary information only. This list is not a solicitation of offers and does not

constitute an offer to sell. The information is provided for the purpose of inviting

further inquiry and has been obtained from sources we believe to be reliable. All

properties are sold in an "AS IS" condition. The FDIC makes no guarantee,

warranty, or representation, expressed or implied as to the location, quality, kind,

character, size, description, or fitness for any use or purpose, now or hereafter.

Legal Description:

The property is generally described as Lot 24, Block 1466, Port Charlotte

Subdivision, Section Twenty Seven, a subdivision according to the plat thereof, as

recorded in Plat Book 5, Pages 20A-20F of the Public Records of Charlotte

County, Florida

Location:

Property is located approximately 3 miles west of I-75 on the southeast corner of

Peachland and Decatur. From I-75S take Exit 170, turn right on Kings Highway,

turn right on Veterans Blvd., then left on Peachland. From I-75N take Exit 170,

turn left on Kings Highway, then right on Veterans Blvd., and left on Peachland.

Zoning:

Property is zoned RSF 3.5, Residential, Single Family

Property Description:

Property is a 90 x 125 vacant residential lot

Tax Information:

Information on the current status of the taxes is attached to this package and also

available through Charlotte County. Taxes are paid through 2005.

Terms of Sale:

This property is being offered for sale “Where is, As is”. Property will be

conveyed with a Quitclaim Deed and subject to any and all outstanding Taxes and

Liens. Earnest Money in the amount of the Full Purchase price must accompany

any signed contract. Full details of the transaction are contained in the real estate

purchase and sale contract attached to this document.