Your putting those 5 edge stitches on a holder because they will be incorporated into the collar. The bound off stitches on the edge inside the border are bound off to shape the neckline, and you'll have to pick up and knit stitches along those when your at the end.
So knit across those seed stitches and then put them on a holder--you'll get back to them later. Then bind off three, work across and do what you have to at the arm edge. Purl back. Bind off 2 at the beginning of the next row, work to the arm, purl back. Bind off 2 again, etc, and then 1.
"Trust the pattern!"
Time flies like an arrow, but fruit flies like a banana.
Hop aboard while we follow the cloud-covered van of knitting harmony, man!! Woooo!! --Hedgehog
IngridKH on Ravelry