INDEX TO EXHIBITS


EXHIBIT NAME                                                    EXHIBIT NUMBER
Index to Exhibits (Electronic)                                          99.1
Index to Exhibits                                                       99.2
Statement  of  computation  of  net  income  (loss)  per
  common share.                                                         11
Letter  dated  March 22, 1991  from  Deloitte  &  Touche
  regarding  a change in the method of applying accounting
  principles or practices by Company.+                                  18
Subsidiaries of Company.                                                21
Consent of James Moore & Co. , P.L.                                     23
  Consent of Deloitte & Touche LLP
Financial Data Schedule.                                                27

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                              INDEX TO EXHIBITS
                                                                                 Sequentially
Exhibit                                                                            Numbered
Number                  Exhibits                                                     Page
--------                -------------------------------------------------------- ------------
<S>                     <C>                                                      <C>
 2(a)                   Purchase Agreement dated November  6,  1985,  among  the
                        Company,  its  utility  subsidiaries  and  Topeka  Group
                        Incorporated, including as exhibits  thereto the form of
                        Deltona  Warrant, the form of Utility Subsidiary Warrant
                        and the form of Security Agreement. Incorporated  herein
                        by reference to Exhibit 2(a) to the  Company's Quarterly
                        Report on Form 10-Q for the quarter ended September 30,
                        1985.

 2(b)                   Stock  Redemption  and Stock  Purchase  Agreement  dated
                        November 8, 1985, by and among the Company,  its utility
                        subsidiaries and Topeka Group Incorporated, including as
                        an exhibit the specimen Articles of Amendment of Deltona
                        Utilities,  Inc.  Incorporated  herein by  reference  to
                        Exhibit 2(b) to the Company's  Quarterly  Report on Form
                        10-Q for the quarter ended September 30, 1985.

 2(c)                   Agreement dated November 17, 1987 modifying the November
                        6,  1985  Purchase  Agreement  among  the  Company,  its
                        utility  subsidiaries  and Topeka  Group,  Incorporated,
                        including as an exhibit thereto a specimen Amended Stock
                        Redemption and Stock Purchase Agreement by and among the
                        Company,  its  utility  subsidiaries  and Topeka  Group,
                        Incorporated.*

 2(d)                   Letter to American Stock Transfer to Transfer 6,809,338
                        shares of common stock to Yasawa Holding N.V.

 3(a)                   Restated Certificate of Incorporation and Certificate of
                        Designation,  Preferences  and Rights  relating  to  the
                        Series A Cumulative Preferred Stock of the Company.*

 3(b)                   By-laws of the Company. ++

 4(a)                   Fifth Amended and Restated Credit and Security Agreement
                        dated as of March 25, 1987, between the Company, certain
                        subsidiaries of the Company, Citibank, N.A., and certain
                        other banks. Incorporated herein by reference to Exhibit
                        4(a) to the Company's  Quarterly Report on Form 10-Q for
                        the quarter ended March 27, 1987.

 4(b)                   Modification Agreement, dated  June 30, 1988, to Exhibit
                        4(b). Incorporated by reference to Exhibit4 to Company's
                        Quarterly Report on Form 10-Q for the quarter ended June
                        24, 1988.

 4(C)                   Extension of Maturity Date,  dated January 30, 1989,  to
                        Exhibit 4(b).***

 4(d)                   Extension of Maturity Date,  dated January 31, 1990,  to
                        Exhibit 4(b).****

 4(e)                   Conveyance   Agreement  between  the  Company,   certain
                        subsidiaries of the Company, Citibank, N.A., and certain
                        other banks. Incorporated herein by reference to Exhibit
                        4 to the Company's Quarterly Report on Form 10-Q for the
                        quarter ended September 27, 1991.

 4(f)                   Sixth Amended and Restated Credit and Security Agreement
                        dated as of June 18, 1992, between the Company,  certain
                        subsidiaries of the Company, Citibank, N.A., and certain
                        other banks, including therewith the Receivables Sharing
                        Agreement and the form of Warrant issued to the banks.++

 4(g)                   Option granted to  Selex  Sittard  B.V.,  dated June 19,
                        1992. Incorporated by reference to Exhibit4 to Company's
                        Quarterly Report on Form 10-Q for the quarter ended June
                        26, 1992.

 4(h)                   Waiver and  Relinquishment  by Selex Sittard B.V., dated
                        September  14, 1992,  as to certain  shares under option
                        pursuant to that Option  granted  Selex  Sittard B.V. on
                        June 19, 1992. Incorporated by reference to Exhibit 4 to
                        Company's  Quarterly Report on Form 10-Q for the quarter
                        ended September 25, 1992.

 4(i)                   Seventh Amendment to Credit and Security Agreement dated
                        December 2, 1992 by and among Yasawa Holdings, N.V., the
                        Company and certain subsidiaries of the Company. +++

 4(j)                   Warrant  Exercise  and Debt  Reduction  Agreement  dated
                        December 2, 1992  by  and between the Company and Yasawa
                        Holdings, N.V. +++

 4(k)                   Loan Agreement  dated April 30, 1993 between the Company
                        and Selex  International,  B.V., including therewith the
                        Mortgage  and  Note  entered  into   pursuant   thereto.
                        Incorporated  herein by  reference  to  Exhibit 4 to the
                        Company's  Quarterly Report on Form 10-Q for the quarter
                        ended March 26, 1993.

 4(l)                   Loan  Agreement  dated July 14, 1993 between the Company
                        and Selex  International  B.V,  including  therewith the
                        Mortgage  and  Note  entered  into   pursuant   thereto.
                        Incorporated  herein by  reference  to  Exhibit 4 to the
                        Registrant's  Quarterly  Report on Form 10-Q  dated June
                        25, 1993.

                                       42


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                              INDEX TO EXHIBITS
                                                                                 Sequentially
Exhibit                                                                            Numbered
Number                  Exhibits                                                     Page
--------                -------------------------------------------------------- ------------
4(m)                    First,  Second,  Third,  Fourth and Fifth  Amendments to
                        Loan   Agreement   dated  July  14,  1993   between  the
                        Registrant and Selex International,  B.V.,  Incorporated
                        herein by  reference  to  Exhibit 4 to the  Registrant's
                        Report on Form 8-K dated February 17, 1994.

4(n)                    Eighth   Amendment  and  Consolidation  of  Credit   and
                        Security  Agreement between the Company and Yasawa dated
                        November 13, 1997.++++

4(o)                    Renewal Promissory Note from the Company  to  Yasawa  in
                        the amount of $6,692,732 dated November 13, 1997.++++

4(p)                    Consolidated   Mortgage   Modification   and    Spreader
                        Agreement between the Company and Yasawa dated  November
                        13, 1997.++++

4(q)                    Partial Release of Mortgage and Financing Statement from
                        the Company to Yasawa dated November 13, 1997.++++

4(r)                    Satisfaction  of  Mortgage   dated   November  13,  1997
                        from Selex International, B.V. for Selex I loan.++++

4(s)                    Satisfaction  of  Mortgage  dated November 13, 1997 from
                        Selex international, B.V. for Selex II loan.++++

4(t)                    General  Release  from  Selex  International, B.V. dated
                        November 13, 1997.++++

4(u)                    Renewal Promissory Note from the Company to Scafholding,
                        B.V. in the amount of $2,293,950 dated November 13, 1997
                        ++++

4(v)                    Satisfaction   of   Mortgage  dated  January  28,  1998,
                        effective December 30, 1997 , of the  Mortgage  given by
                        the Company to  the  Division  of  Florida  Land  Sales,
                        Condominiums and Mobile Homes.++++

4(w)                    UCC3  effective  December  30, 1997 from the Division of
                        Florida  Land  Sales,   Condominiums  and  Mobile  Homes
                        releasing   its   lien   on  the   Company's   contracts
                        receivable.++++

4(x)                    Promissory  Note from  the Company to Swan in the amount
                        of $5,690,000 dated March 26, 1999.+++++

10(a)                   Employment  Agreement  dated  June 15, 1992  between the
                        Company and Earle D. Cortright, Jr.++

10(b)                   Employment Agreement dated  November 1, 1988 between the
                        Company and Michelle R. Garbis.**

10(c)                   Agreement dated June 15, 1992  extending  the Employment
                        Agreement dated November 1, 1988,as amended, between the
                        Company and Michelle R. Garbis.++

10(d)                   Employment Agreement dated February 28, 1992 between the
                        Company and David M. Harden and amendment thereto dated
                        June 15, 1992.++

10(e)                   Employment  Agreement dated  June 15, 1992  between  the
                        Company and Sharon J. Hummerhielm. ++

10(f)                   Employment  Agreement  dated  June 15, 1992  between the
                        Company and Charles W. Israel.++

10(g)                   Letter  Agreement  dated  October 26, 1988  between  the
                        Company and Stephen J. Diamond. **

10(h)                   1982  Employees'  Incentive  Stock  Option  Plan.
                        Incorporated  herein  by  reference  to  Exhibit 4(g) to
                        Company's   Registration   Statement   on   Form    S-8,
                        registration number 2-78904.

10(i)                   Annual  Executive  Bonus  Plan  adopted  by  the Company
                        on November 13, 1986.   Incorporated herein by reference
                        to Exhibit 10(x)  to the Company's Annual Report on Form
                        10-K for the year ended December 26, 1986.

10(j)                   1987  Stock  Incentive  Plan  adopted  by the Company on
                        November 13, 1986,  subject  to  the   approval  of  the
                        Company's stockholders. Incorporated herein by reference
                        to Exhibit 10(y)  to the Company's Annual Report on Form
                        10-K for the year ended December 26, 1986.

10(k)                   Resolution of the Board of  Directors of Company adopted
                        February 25, 1987 amending the 1982 Employees' Incentive
                        Stock Option Plan.   Incorporated herein by reference to
                        Exhibit 10(d) to the Company's Annual Report on Form 10K
                        for the year ended December 26, 1986.

                                      43

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                           INDEX TO EXHIBITS
                                                                                 Sequentially
Exhibit                                                                            Numbered
Number                  Exhibits                                                     Page
--------                -------------------------------------------------------- ------------
10(l)                   Amendment to  Annual Executive Bonus Plan, as adopted by
                        the Company on October 20, 1988.**

10(m)                   Amendment to 1987 Stock  Incentive  Plan,  as adopted by
                        the Company on October 20, 1988.**

10(n)                   Settlement Agreement,  made  and  entered  into  by  and
                        between  the  National  Audubon  Society, Collier County
                        Conservancy,

                        Florida  Audubon  Society,  Environmental  Defense Fund,
                        Florida Division of the Izaak Walton League,  Department
                        of Environmental Regulation of the State of Florida, the
                        Board of  Trustees  of the  Internal  Improvement  Trust
                        Fund, the Department of Veteran and Community Affairs of
                        the State of Florida, the South Florida Water Management
                        District and Company dated July 20, 1982,  and Agreement
                        of Exchange executed  pursuant thereto,  dated March 24,
                        1984.  Incorporated herein by reference to Exhibit 10(C)
                        to the Company's  Quarterly  Report on Form 10-Q for the
                        quarter ended June 30, 1984.

10(o)                   Agreement,  retroactive  to  June 19, 1992, amending the
                        Employment  Agreement  dated  June  15, 1992 between the
                        Company and Earle D. Cortright, Jr.  Incorporated herein
                        by  reference  to  Exhibit 10(o) to the Company's Annual
                        Report on Form 10-Kfor the year ended December 31, 1993.

10(p)                   Employment  Agreement,  effective July 15, 1992, between
                        the Company and Joseph Mancilla, Jr. Incorporated herein
                        by reference to Exhibit  10(p) to the  Company's  Annual
                        Report  on Form  10-K for the year  ended  December  31,
                        1993.

10(q)                   Sale, Purchase, Repurchase and Servicing Agreement dated
                        October 7,1988 between the Company and Morsemere Federal
                        Savings Bank.**

10(r)                   Agreement dated  February  27,  1989 between Company and
                        Oxford Finance Companies, Inc.***

10(s)                   Agreement dated  February 7, 1990  between  Company  and
                        Oxford Finance Companies, Inc.****

10(t)                   Promissory  Note dated October 12, 1990 from the Company
                        to Empire of Carolina, Inc.+

10(u)                   Settlement  Agreement  dated  November  6, 1989  between
                        Company  and  Topeka  Group  Incorporated.  Incorporated
                        herein  by  reference  to  Exhibit  10 to the  Company's
                        Quarterly  Report  on Form  10-Q for the  quarter  ended
                        September 29, 1989.

10(v)                   Loan  and Escrow Agreement dated June  15,  1992 between
                        Company  and Selex Sittard B.V., including therewith the
                        Mortgage and Note entered into pursuant thereto.++

10(w)                   Agreement dated  June  12,  1992 between Company and The
                        Oxford  Finance Companies, Inc., including therewith the
                        Collateral   Trust   Agreement   entered  into  pursuant
                        thereto.++

10(x)                   The  1992  Deltona  Consent  Order, dated June 17, 1992,
                        between  Company and the State of Florida, Department of
                        Business Regulation,  Division  of  Florida  Land Sales,
                        Condominiums   and   Mobile   Homes  (the  "Division"),
                        including therewith the Escrow  Agreement  entered  into
                        pursuant thereto.++

10(y)                   The St.  Augustine  Shores Restated Consent Order, dated
                        June 17, 1992, between Company and the Division.++

10(z)                   The Consent Order, dated June 15, 1992, between Company
                        and the Division  pertaining to ad valorem taxes on real
                        estate.++

10(aa)                  Agreement  of Purchase  and Sale dated  December 2, 1992
                        between the Company and Scafholding, B.V. +++

10(bb)                  Citrus Springs Joint Venture Agreement dated December 2,
                        1992  between  the   Company  and   Citony   Development
                        Corporation.+++

10(cc)                  Agreement of  Purchase and Sales dated December 2, 1992
                        between the Company,  Margolf Investments, Inc. and Five
                        Points Title Service Co., Inc., as Escrow Agent. +++

10(dd)                  Lease Agreement  dated  December 2, 1992 between Margolf
                        as Landlord and the Company as Tenant. +++

10(ee)                  Loan Agreement dated December 2,1992 between Scafholding
                        B.V. and the Company. +++

10(ff)                  Employment Agreement, effective  March 15, 1993, between
                        the Company and Bruce M. Weiner.  Incorporated herein by
                        reference to Exhibit  10(ff)  to  the  Company's  Annual
                        Report on Form 10-K for the year ended December 31, 1993

                                            44


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                           INDEX TO EXHIBITS
                                                                                 Sequentially
Exhibit                                                                            Numbered
Number                  Exhibits                                                     Page
--------                -------------------------------------------------------- ------------
10(gg)                  Agreement dated March 10, 1993  between  the Company and
                        Charles Lichtigman concerning the sale of contracts and
                        mortgages receivable.  Incorporated herein by reference
                        to Exhibit 10 to the Company's Quarterly Report on Form
                        10-Q for the quarter ended March 26, 1993.

10(hh)                  Agreement for Purchase  and  Sale  of  Land in St. Johns
                        County, Florida dated March 8, 1994. Incorporated herein
                        by reference to Exhibit 10 to the Registrant's Report on
                        Form 8-K dated February 17, 1994.

10(ii)                  Agreement of Purchase  and Sale  between the Company and
                        Swan Development Corporation concerning the sale of all
                        remaining inventory in St. Augustine Shores Subdivision
                        dated November 13, 1997.++++

10(jj)                  Agreement  between  the  Company  and  Swan  Development
                        Corporation concerning the St. Augustine Shores Exchange
                        program dated November 13, 1997.++++

10(ll)                  Lot Exchange  Trust  Agreement between the Company, Five
                        Points  Title  Services  Company,  Inc  and the Division
                        of Florida  Land  Sales,  Condominiums  and Mobile Homes
                        dated November 13, 1997.++++

10(mm)                  Letter  from   the   Division  of  Florida  Land  Sales,
                        Condominiums  and  Mobile  Homes dated December 30, 1997
                        approving the  sale  of  St.  Augustine  Shores  to Swan
                        Development Corporation.++++

10(nn)                  Letter  from  the   Division  of  Florida   Land  Sales,
                        Condominiums  and Mobile  Homes dated  December 30, 1997
                        approving  the  material  change  for the sale of common
                        stock, sale of receivables, Lot Exchange Trust Agreement
                        and release of lien.++++

11                      Statement  of  computation  of  net  income  (loss)  per
                        common share.

18                      Letter  dated  March 22, 1991  from  Deloitte  &  Touche
                        regarding  a change in the method of applying accounting
                        principles or practices by Company.+

21                      Subsidiaries of Company.

23                      Consent of James Moore & Co. , P.L.

27                      Financial Data Schedule.

--------------------------
*                       Incorporated by reference  to such exhibit to Company's
                        Annual Report on Form 10-K for the year ended
                        December 25, 1987.

**                      Incorporated by reference to such exhibit to Company's
                        Quarterly Report on Form 10-Q for the quarter ended
                        September 23, 1988.

***                     Incorporated by reference to such exhibit to Company's
                        Annual Report on Form 10-K for the year ended
                        December 30, 1988.

****                    Incorporated by reference to such exhibit to Company's
                        Annual Report on Form 10-K for the year ended
                        December 29, 1989.

+                       Incorporated by reference to such exhibit to Company's
                        Annual Report on Form 10-K for the year ended
                        December 28, 1990.

++                      Incorporated by reference to such exhibit to Company's
                        Annual Report on Form 10-K for the year ended
                        December 27, 1991.

+++                     Incorporated by reference to such exhibit to Company's
                        Report on Form 8-K dated December 2, 1992.

++++                    Incorporated by reference to such exhibit to Company's
                        Annual Report on Form 10-K for the year ended
                        December 31, 1997.

+++++                   Incorporated by reference to such exhibit to Company's
                        Annual Report on Form 10-K for the year ended
                        December 31, 1999.



                                        45

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