Hotel Business in Alaska

Sale of Assets of Fly-in-Fish Inn, including the tidelands lease and all furniture, fixtures and equipment, describe as:
Hotel Property: Lot Thirty Six-B (36-B) of the Amended Plat of a portion of Lot Thirty Six (36), Block Five (5), U.S. Survey 2542 A & B, Sitka Indian Village, according to the plat thereof filed July 1967 as Plat No. 73;

Tidelands Leasehold Property: A portion of Alaska Tidelands Survey No. 15, further divided into Tracts A and B, more particularly described as follows:
TRACT A: Beginning at the most Westerly corner of Lot 36-B, Subdivision of a portion of Lot 36, Block 5, U.S. Survey 2542 A & B, Sitka Indian Village recorded as Plat No. 73 as Corner No. 1 thence S 43º29' E along the seaward boundary of said Lot 36-B a distance of 81.68 feet to Corner No. 2; thence over tide and submerged land as follows; S 46º31' W a distance of 102.74 feet to Corner No. 3; thence N 43º29' W a distance of 98.68 feet to Corner No. 4; thence N 46º31' E a distance of 62.24 feet to Corner No. 5; thence S43º29' E a distance of 17.00 feet to Corner No. 6;thence N 46º31' E a distance of 40.50 feet to Corner No.1 and point of beginning.
EXCEPTING THEREFROM that portion included within Tract “K” created by Plat No. 83-12 and conveyed by Vestee by Quitclaim Deed on November 15, 1991 in Book 95 at Page 420, Sitka Recording District, First Judicial District, State of Alaska.
TRACT B: Beginning at the most Westerly corner of Lot 36-B of the Subdivision of a portion of Lot 36, Block 5,Sitka Indian Village, recorded as Plat No. 73; thence along the Seaward boundary of said Lot 36-B a distance of 81.68 feet to Corner No. 1 and point of beginning;thence S 43º29' E a distance of 14.00 feet to Corner No.2; thence S 47º10' W a distance of 129.48 feet to Corner No. 3; thence N 43º29' W a distance of 111.20 feet to Corner No. 4; thence N 46º31' E a distance of 26.72 feet to Corner No. 5 which is coincident with Corner No. 4 of Tract A, thence S 43º29' E a distance of 98.68 feet to Corner No. 6 which is coincident to Corner No. 3 of Tract A; thence N 46º31' E a distance of 102.74 feet to Corner No. 1 and point of beginning.
EXCEPTING THEREFROM that portion included within Tract “K” created by Plat No. 83-12 and conveyed to Vestee by Quitclaim Deed on November 15, 1991 in Book 95 at Page 420, Sitka Recording District, First Judicial District, State of Alaska.

Land adjacent to Hotel: Tract “K”, Katlian Avenue Right-of-Way, according to the plat thereof filed April 14, 1983 as Plat No. 83-12, Sitka Recording District, First Judicial District, State of Alaska.

Land Adjacent to Hotel: Lot 2 S.P.C. Subdivision, according to the plat thereof filed October 22, 1997 as Plat No. 97-34, Sitka Recording District, First Judicial District, State of Alaska.

Hotel furniture fixtures and equipment

Floating Structure located on Tidelands Property