How can i assign array values to variables

[reddymade]

I have the following array, how can i assign the [2] and [4] array values to variables:

VarAddress,varOwner

Array
(
    [0] => Array
        (
            [0] => 
           IMPORTANT:

        [1] => 
          Site Address

        [2] => 
          10291 NW 2 ST, CORAL SPRINGS                   

        [3] => 
          Property Owner

        [4] => 
          OTERO,FERN & OTERO,THEODORE M
}
}

And then i would like to save the info to database table.

Thank you very much.

[samudasu]

$address = $array[0][2];
$owner = $array[0][4];