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HomeMy WebLinkAbout20002206.tiff Beebe Draw Farms Filing 2 - Legal Description Legal Description of a parcel of land being located in Sections 3, 4, 5, 8. 9, 10, 15, 16 and 17, Township 3 North, Range 65 West of the 6th Principal Meridian, Weld County. Colorado being more particularly described as follows: Beginning at the Southeast Corner of said Section 16 and considering the South line of said Section 16 as bearing South 89°27'00" West and with all bearings contained herein relative thereto; thence along said South line South 89°27'00" West 5138.65 feet to the Southeast Corner of said Section 17 thence along the South line of said Section 17 South 89°32'56" West 5327.95 feet to the Southwest Garner of said Section 17; thence along the West line of said Section 17 North 00°29'53" West 5259.39 feet to tie Northwest Corner of said Section 17; thence along the West line of said Section 8 North 00°09'44" West 5291.77 feet to the Northwest Corner of said Section 8; thence along the West line of the Southwest Quarter of said Section 5 North 00°25'29" West 2654.03 feet to the West Quarter Corner of said Section 5; thence along the West line of the Northwest Quarter of said Section 5 North 00°24'36" West 1327.22 feet to the Southwest Corner of the North half of the Northwest Quarter of said Section 5; thence along the South line of the North half of the Northwest Quarter of said Section 5 North 89°44'12" East ?631. 31 feet to the Southeast Corner of the North half of the Northwest Quarter of said Section 5; thence along the South line of the Northwest Quarter of the Northeast Quarter of said Section 5 North 89°44"2' East 1331.58 feet to the Southeast Corner of the Northwest Quarter of the Northeast Quarter of said Section 5; thence along the East line of the Northwest Quarter of the Northeast Quarter of said Section 5 North 00°39'07" West 1325.38 feet to the Northeast Corner of the Northwest Quarter of the Northeast Quarter of said Section 5; thence along the North line of the Northeast Quarter of said Section 5 North 8u°39'32" East 1333.17 feet to the Northeast Corner of said Section 5; thence along the North line of the Northwest Quarter of said Section 4 North 89°45'34" East 2638.09 feet to the North Quarter Corner of said Section 4; thence along the North line of the Northeast Quarter of said Section 4 North 89°24'21" East 805.31 feet; thence departing said North line South 40°04'03" East 9.61 feet to the centerline of the Platt? Valley Canal as recorded in Book 1068 under Reception No.02008616, records of said County; thence along said centerline the following 25 courses and distances; South 10°09'07" West 45.49 feet; thence South 27°01'47" West 281.98 feet; thence South 35°02'43" West 129.95 feet; thence South 46°24'23" West 113.95 feet; thence South 67°56'02" West 114.41 feet to the beginning of a tangent curve concave to tie Southeast having a central angle of 43°14'52" and a radius of 210.00 feet; thence Southwestery along the arc of said curve 158.51 feet to the end of said curve; thence tangent from said end of curve South 24°41'10" West 39.72 feet to the beginning of a tangent curve concave to the East having a central angle of 68°10'08" and a radius of 217.23 feet; thence Southeasterly along the arc of said curve 258.45 feel to the end of said curve; thence tangent from said end of curve South 43°28'58" East 159.97 feet to the beginning of a tangent curve concave to the Southwest having a central angle of 48°38'11"and a radius of 81.88 feet; thence Southerly along the arc of said curve 69.51 feet to the end of said curve thence EXHIBIT 2000-2206 tO tangent from said end of curve South 05°09'12" West 19.20 feet to the beginning of a tanger t curve concave to the Northwest having a central angle of 25°54'10" and a radius of 260.90 feet; thence Southwesterly along the arc of said curve 117.95 feet to the end of said curve; thence tangent from said end of curve South 31°03'22" West 130.58 feet; thence South 09°40'40" West 95.26 feet; thence South 03°11'43" East 116.07 feet to the beginning of a tangent curve concave to the Northeast having a central angle of 36°30'36" and a radius of 180.24 feet; thence Southeasterly along the arc of said curve 114.85 feet to the end of said curve; thence tangent from said end of curve South 39°42'19" East 116.57 feet to the beginning of a tangent curve concave to the Northeast having a central angle of 45°22'3"and a radius of 4.82 feet; thence Southeasterly along the arc of said curve 90.93 feet to the end of said curve thence tangent from said end of curve South 85°04'50" East 170.71 feet to the beginning of a tangent curve concave to the Southwest having a central angle of 68°29'30" and a radius of 126.33 feet. thence Southeasterly along the arc of said curve 151.02 feet to the end of said curve; thence tangent fr m said end of curve South 16°35'20" East 120.95 feet to the beginning of a tangent curve concave to the West having a central angle of 25°35'07" and a radius of 440.41 feet; thence Southerly along the arc of said curve 196.66 feet to the end of said curve; thence tangent from said end of curve South 08°59'43" West 101.24 feet to the beginning of a tangent curve concave to the Northeast having a central angle of 59°32'10" and a radius of 242.34 feet; thence Southeasterly along the arc of said curve 251.82 feet to the end of said curve; thence tangent from said end of curve South 50°32'22" East 97.62 feet: thence departing said centerline North 89°31'39" East 2111.73 feet; thence North 17°52'53" West 380 92 feet; thence North 89°31'39" East 337.87 feet; thence North 00°28'21" West 150.00 feet: thenc? North 89°31'39" East 1867.95 feet; thence South 00°14'30" West 680.87 feet; thence South 88°49';3` East 78.63 feet; thence South 12°49'39" East 29.72 feet; thence South 77°10'18" West 30.00 feet thence South 12°49'43" East 30.00 feet; thence North 77°10'18" East 30.00 feet; thence South 12°49.f.6" East 14.14 feet; thence South 19°27'45" East 607.82 feet; thence South 43°51'20" East 959.22 feet thence South 11°54'57" East 159.45 feet; thence South 60°05'14" East 1098.46 feet; thence Soutn 22°08'46" East 2187.26 feet; thence South 17°45'43"West 814.40 feet to a point on the Northerly line of that certain parcel of land described in deed as Parcel A, recorded in Book 1068 under Reception No.02308614, records of said County; thence along said Northerly line the following 5 courses and distance!;; South 38°04'26" West 66.71 feet; thence South 70°24'28" West 210.50 feet; thence North 65°42'47' West 1366.02 feet; thence North 44°50'58" West 1116.45 feet; thence South 71°22'10" West `37 84 feet; thence departing said Northerly line South 71°22'10" West 539.96 feet; thence South 43°28" 5" East 318.43 feet; thence South 16°14'00" East 175.00 feet; thence South 00°40'00" East 380.00 feet thence South 27°02'02" West 73.00 feet; thence North 65°16'00" West 155.00 feet; thence North 56°0910" West 462.00 feet; thence North 68°59'00" West 256.00 feet; thence South 31°13'00" West 248.00 feet. thence South 80°26'00" West 196.00 feet; thence North 65°07'00" West 214.52 feet to a point on the Easterly line of that certain parcel of land described in deed as Exhibit A recorded in Book 1068 under R 3ceotion No.02008614, records of said County; thence along said Easterly line the following 13 courses and distances; North 29°11'51" West 43.34 feet; thence North 35°35'04" West 285.27 feet; thence North 69°49'46" West 52.20 feet; thence North 34°41'43" West 94.87 feet; thence North 40°48'08" East 154.56 feet; thence North 72°48'51" East 101.53 feet; thence North 31°54'29" East 62.43 feet; thenc? North 17°31'32" East 59.77 feet; thence North 20°04'7" West 110.72 feet; thence North 07°06'02" West 291.23 feet; thence North 11°50'01" West 107.28 feet; thence North 33°54'04" West 150.60 feet; thence North 07°02'17" West 163.23 feet to a point on the Easterly line of that certain parcel of land described in deed as Exhibit B recorded in Book 1068 under Reception No.02008614, records of said County; thence along said Easterly line North 36°47'35" East 143.90 feet; thence departing said Easterly line North 5-'°06'34" West 166.61 feet; thence North 75°57'04" West 582.06 feet; thence North 88°50'24" West 134.1' feet to a point on said Easterly line; thence departing said Easterly line North 27°27'03" West 226.36 feet thence North 39°26'25" West 223.17 feet to a point on said Easterly line; thence departing said Easterly line North 09°54'20" West 362.45 feet; thence North 17°02'45' West 167.22 feet to a point on said 1:asterly line; thence departing said Easterly line North 28°46'38" West 241.99 feet; thence North 42°33'43" West 106.54 feet to a point on said Easterly line; thence along said Easterly and Northerly lines of saic Exhibit B the following 8 courses and distances; North 61°52'04" West 76.22 feet; thence North 89°17'C2" East 139.17 feet; thence North 03°45'51" West 390.32 feet; thence North 70°52'01" West 116.11 feet thence North 72°17'16" West 122.30 feet; thence North 55°39'25" West 181.68 feet; thence North 3 °18'35" West 1063.87 feet; thence South 58°31'52" West 57.39 feet; thence departing said Northerly lin? South 31°28'08" East 522.19 feet; thence South 10°25'09" East 99.33 feet; thence South 33°45'06" East 157. 31 feet; thence South 51°32'58" West 95.52 feet to a point on the Westerly line of that certain parce of land described in deed as Exhibit A recorded in Book 1068 under Reception No.02008614 records of said County; thence along said Westerly line the following 3 courses and distances; South 00°23'c2" East 177.92 feet; thence South 10°18'17" East 78.26 feet; thence South 30°46'13" East 152.46 feet thence departing said Westerly line South 47°56'08" East 265.05 feet; thence South 37°58'18" West 164 42 feet; thence South 06°08'48" West 239.20 feet to a point on said Westerly line; thence departing said Westerly line South 33°32'10" East 129.62 feet; thence South 74°20'47" East 218.49 feet to a point on said Westerly line; thence departing said Westerly line South 21°05'52" East 136.12 feet to a point on said Westerly line; thence departing said Westerly line South 05°34'43" East 216.02 feet to a point on said Westerly line; thence along said Westerly line South 40°38'56" East 130.48 feet; thence depart ng said Westerly line South 06°37'15" West 112.76 feet to a point on said Westerly line; thence alcng said Westerly line the following 3 courses and distances; South 13°34'14" East 59.67 feet; thence South 35°26'24" East 136.24 feet; thence South 49°59'37" East 73.11 feet; thence departing said Westerly line South 72°03'02" East 149.26 to a point on said Westerly !line; thence departing said Westerly line South 28°24'46" East 133.76 feet; thence South 40°21'52" East 122.55 feet; thence South 31°08';0" East 168.24 feet to a point on said Westerly line; thence along said Westerly line the following 2 courses and distances; South 35°26'45"N East 144.84 feet; thence South 52°48'55" East 145.60 feet; thence departing said Westerly line South 53°35'20" East 274.60 feet to a point on said Westerly line; thence departing said Westerly line South 01°31'33" West 75.03 feet to a point on said Westerly line; thence deparing said Westerly line South 30°O3'16" West 263.26 feet; thence South 06°03'15" East 282.44 feet; thence South 25°15'47" East 337.55 feet to a point on said Westerly line; thence departing said Westerly line South 23°51'09" East 264.59 feet; thence South 29°30'41" East 174.35 feet to a point on the Easterly line of that certain parcel of land described in deed, recorded in Book 1068 under Reception No.02008615, records of said County; thence along said Easterly line the following 6 courses and distances; South 37°11'26" East 96.99 feet; thence South 52°03'11" East 69.68 feet; thence South 55°31'12" East 148.135 feet; thence South 16°11'37" East 138.93 feet; thence South 42°52'31" East 177.69 feet; thence South 25°O9'42" East 155.19 feet; thence departing said Easterly line South 24°47'31" East 180.62 feet theme South 36°43'59" East 146.03 feet; thence South 25°08'23" West 111.15 feet; thence South 02°0Tf 5" East 227.19 feet; thence South 20°03'39" East 193.90 feet; thence South 12°33'0"1 East 346.85 feet. thence South 10°22'6" West 264.13 feet; thence South 05°07'42" West 157.19 feet; thence South 32°32 :.3 West 220.12 feet; thence South 19°19'41" West 268.66 feet; thence South 38°04'00" West 284.92 feet then;e South 79°43'0" West 714.61 feet; thence South 24°52'12" West 224.67 feet; thence South 07°13'57" East 37.52 feet to a point on the Northerly line of said Section 15; thence along said Northerly line North 89°28'21" East 75.13 feet; thence departing said Northerly line South 00°41'51" East 5263.69 feet tc a point on the Southerly line of said Section 15; thence along said Southerly line South 89°48'5i3' West 358.01 feet to the Southeast Corner of said Section 16; said point also being the TRUE POINT OF BEGINNING; Excluding that portion thereof platted as Beebe Draw Farms and Equestrian Cen er First Filing under Revised Plat and Dedication recorded April 12, 1988 in Book 1192 as Reception No.2137453, and said Section 16. The above described parcel contains 2,274.721 acres more or less and is subject to the following easements, agreements and rights-of-way. Deed recorded in Book 512, Page 551, (location of right-of-way cannot accurately be defined per legal description), Deed recorded in Book 655, Page 293, Deed recorded in Book 655, Page 502, Agreement recorded in Book 961, Page 223, Right-of-way and Easement recorded in Book 1045 under Reception No.01983413, (location of right-of-way and easement cannot accurately be defined per legal description), Quit Claim Deed recorded in Book 1068 under Reception No.02008614 (shown hereon), Quit Claim Deed recorded in Book 1068 under Reception No.02008615 (shown hereon), Quit Claim Deed recorded in Book 1068 under Reception No.02008616 (shown hereon), Canal Right-of-way Agreement recorded in Book 1068 under Reception No.02008617, Quit Claim Deed recorded in Book 1068 under Reception No.02008618, Quit Claim Deed recorded in Book 1068 under Reception No.02008619 (shown hereon), Quit Claim Deed recorded in Book 1068 under Reception No.02008620 (shown hereon), Ag eement recorded in Book 1068 under Reception No.02008621, Right-of-way recorded in Book 1063 under Reception No. 02008622 (shown hereon), Grazing and Recreational Lease recorded in Book 10E 8 under Reception No. 02008623, Amendment to Grazing and Recreational Lease recorded in Book 10E8 under Reception No. 02008624, Quit Claim Deed recorded in Book 1068 under Reception No. 02002625 (20 foot access easement subject to grazing lease), Right-of-way easement and Licenses recorded in Book 1068 under Reception No. 02008626, Quit Claim Deed recorded in Book 1068 under Reception No. 02008627 (reconfirms rights previously granted in Book 1045 under Reception No.10983413) Quit Claim Deed recorded in Book 1068 under Reception No. 02008628 (20 foot permanent access easement) Quit Claim Deed recorded in Book 1076 under Reception No. 02017072 (affects parcels recorded in Book 1068 under Reception No. 02008628, Reception No. 02008620, Reception No. 02008616 and F eceprion No. 02008627), Quit Claim Deed recorded in Book 1111 under Reception No. 02052204 Q lit Claim Deed recorded in Book 1112 under Reception No. 02053446, (Amends Legal in Quit Clam Deed recorded in Book 1068 under Reception No. 02008619), Agreement recorded in Book 11' 7 under Reception No. 02058723, Grazing and Recreational Lease recorded in Book 1148 under Reception No. 02090926, Order Approving Settlement Agreement recorded in Book 1201 under Reception No. 02147157, Supplemental Declaration recorded in Book 1224 under Reception No. 02170703, (Felocates easement granted in Book 1068 under Reception No. 02008628), Amendment to Grant of Easement Recorded in Book 1268 under Reception No. 02218734, (restates and amends right-of-way and easement recorded in Book 1045 under Reception No.01983413 and Book 1068 under Reception No. 02008627), Oil and Gas Lease recorded in Book 1327 under Reception No. 02280130 and all other easements, agreements and rights-of-way of record. SPECIAL E WARRANTY DEED THIS DEED, made this 23/4day of December, 1999, between REI LIMITED LIABILITY COMPANY, a Wyoming limited liability company, qualified and doing business in Colorado as INVESTORS LIMITED LIABILITY COMPANY, of the County of Weld, State of Colorado, Grantor, and WELD COUNTY SCHOOL DISTRICT RE-1. whose legal address is 1065 Birch Street, Gilcrest, Colorado 80623, Grantee; WITNESSETH, That the Grantor, for and in consideration of the sum of less if an Five Hundred Dollars, the receipt and sufficiency of which are hereby acknowledged, has granted, bargained, sold and conveyed, and by these presents does grant, bargain, sell, convey and confirm, unto the Grantee, and Grantee's successors and assigns forever, all the real property, together with all improvements, if any, situate, lying and being in the County of Weld, State of Colorado, described as follows: Parcel 1- School Site Legal Description of a parcel of land being a portion of the Northwest Quarter o` Section 4 and the Northeast Quarter of Section 5, Township 3 North, Range 6E. West of the 6th P.M. Weld County, Colorado, being more particularly described a≤, follows: Beginning at the Northwest corner of said Section 4 and considering the North line of the Northwest Quarter of said Section 4 as bearing North 89°45'43"East and with all bearings contained herein relative thereto; thence along said North line North 89°45'43" East 844.05 feet; thence departing said North line South 00°19'37"Wes: 30.00 feet to the TRUE POINT OF BEGINNING; thence South 00°19'37" Wes: 674.51 feet to the beginning of a tangent curve concave to the Northwest having a central angle of 10°04'02" and a radius of 435.00 feet; thence Southwesterly along the arc of said curve 76.43 feet to the end of said curve; a radial line passing through said end of curve bears South 79°36'2.0" East;thence departing said curve South 89°45'34" West 2157.24 feet to a point on the East line of the Northwes: Quarter of the Northeast Quarter of said Section 5; thence along said East line North 00°38'58"West 748.22 feet; thence departing said East line North 89°39'41' East 1332.98 feet;thence North 89°45'43"East 843.75 feet to the TRUE POINT OF BEGINNING; also known by street and number as: Vacant Land. TOGETHER WITH all and singular the hereditaments and appurtenances thereto belonging, or in anywise appertaining, and the reversion and reversions, remainder and remainders, rents, issues and profits thereof; and all the estate, right, title, interest. claim and demand whatsoever of the Grantor, either in law or equity, of, in and to the above bargained premises, with the hereditaments and appurtenances; TO HAVE AND TO HOLD the said premises above bargained and described with the appurtenances, unto the Grantee, and Grantee's successors and assigns forever. The Grantor, for itself and its successors and assigns, does covenant and agree that it shall and will WARRANT S\psk\rev weld swd wpd 12/2/99 AND FOREVER DEFEND the above bargained premises in the quiet and peaceable possession of the Grantee, and its successors and assigns, against all and every person or persons claiming the whole or any part thereof, by,through or under the Grantor, EXCEPT easements, rights-of-way, restrictions, reservations, encumbrances and leases now of record or visible on the ground. IN WITNESS WHEREOF, the Grantor has caused this deed to be executed on the date set forth above. REI LIMITED LIABILITY COMPANY, a Wyoming limited liability company, qualified and doing business in Colorado as INVESTORS LIMITED LIABILITY COMPANY By— Ja s . Fell, Manager STATE OF COLORADO ) ss. COUNTY OF ( tz �<. _ The foregoing instrument was acknowledged before me this �' day of December, 1999, by James W. Fell, as the Manager of REI LIMITED LIABILITY COMPANY, a Wyoming limited liability company, qualified and doing business in Colorado as INVESTORS LIMITED LIABILITY COMPANY. Witness my hand and official seal. My commission expires: ! ` ��y Zjk` .; t , cI 1 )c / /A-4-4 Notary Public C 2 9.\psk\rei weld.swd.wpd 12/2/99 SPECIAL WARRANTY DEED THIS DEED, made this/J, ./ day of December, 1999, between REI LIMITED LIABILITY COMPANY, a Wyoming lien ited liability company, qualified and doing business in Colorado as INVESTORS LIMITED LIABILITY COMPANY, of the County of Weld, State of Colorado, Grantor, and LASALLE FIRE PROTECTION DISTRICT,whose legal address is 118 Main Street, LaSalle, Colorado 80645, Grantee; WITNESSETH, That the Grantor, for and in consideration of the sum of less, than Five Hundred Dollars, the receipt and sufficiency of which are hereby acknowledged, has granted, bargained, sold and conveyed, and by these presents does grant, bargain, sell, convey and confirm, unto the Grantee, and Grantee's successors and assigns forever, all the real property, together with all improvements, if any, situate, lying and being n the County of Weld State of Colorado, described as follows: Parcel 2 - Fire Station Site Legal Description of a parcel of land being a portion of the Northwest Quarter of Section 4, Township 3 North, Range 65 West of the 6th P.M. Weld County, Colorado, being more particularly described as follows: Beginning at the Northwest corner of said Section 4 and considering the North line of the Northwest quarter of said Section 4 as bearing North 89°45'43" East and with all bearings contained herein relative thereto,thence along said North line North 89°45'43" East 924.06 feet;thence departing said North line South 00°19'37" West 30.00 feet to the TRUE POINT OF BEGINNING; thence North 89°45'43" East 400.02 feet; thence South 00°19'37" West 404.39 feet; thence North 89°40'23" West 400.00 feet, thence North 00°19'37" East 400.44 feet to the TRUE POINT OF BEGINNING; also known by street and number as: Vacant Land. TOGETHER WITH all and singular the hereditaments and appurtenances thereto belonging, or in anywise appertaining, and the reversion and reversions, remainder and remainders, rents, issues and profits thereof; and all the estate, right, title, interest claim and demand whatsoever of the Grantor, either in law or equity, of, in and to the above bargained premises, with the hereditaments and appurtenances; TO HAVE AND TO HOLD the said premises above bargained and described with the appurtenances, unto the Grantee, and Grantee's successors and assigns forever. The Grantor, for itself and its successors and assigns, does covenant and agree that 1 shall and will WARRANT AND FOREVER DEFEND the above bargained premises in the quiet and peaceable possession of the Grantee, and its successors and assigns, against all and S Vpsktrei lasalle.swdwpd 12/1/99 every person or persons claiming the whole or any part thereof, by, through or under the Grantor, EXCEPT easements, rights-of-way, restrictions, reservations,encumbrances and leases now of record or visible on the ground. IN WITNESS WHEREOF, the Grantor has caused this deed to be executed on the date set forth above. REI LIMITED LIABILITY COMPANY, a Wyoming limited liability company, qualified and doing business in Colorado as INVESTORS LIMITED LIABILITY COMPANY By �/ c,/�G -G!C Jar es W. Fell, Manager STATE OF COLORADO ) ss. COUNTY OF Li _-CAL- _ The foregoing instrument was acknowledged before me this _2231 day of December, 1999, by James W. Fell, as the Manager of REI LIMITED LIABILITY COMPANY, a Wyoming limited liability company, qualified and doing business in Colorado as INVESTORS LIMITED LIABILITY COMPANY. Witness my hand and official seal. My commission expires: rh) - .;_ ' ih6sc,. Notary Public CH 7- S lasalle.swd.wpd 12/1/99 2 Pile# '1O6729%. 97 SECURITY TITLE GUARANTY CO. 1 100 19th St.,#302•Greeley,CO 80631 •Phone: (970)356-3200•FAX: (970)356-4912 COMMITMENT SCHEDULE A Commitment No: UO67298A97-2 1. Commitment Date: July 23, 1998 at 8: 00 A.M. 2. Policy or Policies to be issued: Policy Amount (a) Owners Policy - Proposed Insured: $ 7 , 44( , 000 00 REI Limited Liability Company, a Wyoming Limited Liability Company, do .nc business in Colorado as Investors Limited Liability Company 3. Fee Simple interest in the land described in this Commitment is owned, at tiff, Commitment Date by: REI Limited Liability Company, a Wyoming Limited. Liability Company, doing business in Colorado as Investors Limited Liability Company 4. The land referred to in this Commitment is described as follows: SCHEDULE A PAGE 2 ATTACHED HERETO PREMIUM: Owner' s Policy $ 1, 467 . 00 11/17/98 09 :39 :38 tt LC1615 UUICOCII 11/17/98 09: 39 : 44 tt LC1615 net J(0729: 97 SCHEDULE A - Page 2 Order No. U067298A9'7-2 A tract of land located in Sections 3, 4, 5, 8, 9, 10, 15, 16, and 17, Township 3 North, Range 65 West of the 6th P.M. , being more particularly described as follows : Beginning at the Southeast Corner of said Secticn 16 and cc nsidering the South line at said Section 16 to bear South 89 `27 ' 03" West with all bearings herein being relative thereto; thence along the South Line at said Section 16, South 89 '27 ' 03 " West, 5133' . . 3 feet to the Southeast Corner of said Section 17; thence along the South Line of said Section 17, South 89 '33 ' 00" West, 5326. .16 feet to the Southwest Corner cf said Section 1.7; thence along the West line or said Section 17, North 00 '29 ' 57" West, 5259 . 9 : feet to the Northwest Corner of said Section 17; thence along the West line at said Section 8, North 00 ' 09 '35" West, 5292 . 39 feet to the Northwest Corner of said Section 8; thence along the West line cf said Section 5, North 00'24' 57" West, 3981. 69 teet to the Southwest Corner of the North Half cf the Northwest Quarter of said Sectio❑ 5; thence along the South Line of said North Half of the Northwest Quarter of 'ection 5, North 89 '44' 30" East, 2631. 54 feet to the Southeast Corner of the North. Half of the Northwest Quarter of said Section 5; thence along the South line of the Northwest Quarter of the Northeast Quart:1 of said Section 5, North 89 "44 ' 27 " Last, 1.331 . 69 feet to the Southeast Corn ,c of the Northwest Quarter of the Northeast Quarter of said Section 5; thence along the East line of the Northwest Quarter of the Northeast Quartet. of Hata Section 5, North 00 38 ' 12" West, 1325. 381 feet to the Northeast Corn.i of rte Vorthwest Quarter of the Northeast Quarter of said Suction 5; thence Along_ the North line ,a said Section 5, North 89 "40 . 15" East, 1333 .51 teat to the Northeast Corner of said Section 5; thence along the North line of said Section 4, North 89 '35 OS" East, 3438 .4 : teat to the Point of Intersection of Lhe N.,rth dine of said Section 4 with thh centerline of the Platte Valley Canal; . thence South 40 " 04' 03" East, 16 . 81 feet; I.hence along the centerline of the Platte Valley Canal as recorded in BOOK '.1168 at Reception No. 2008616 of lice Weld County Records, by the following :5 courses : L. South 10' 09 ' 0'7" West, 45 . 49 reet ; 2 . South 27 ' 01'47' West, 281.98 foot; 3 . South 35' 02 '43 " West, 129 , 95 teet; 4 . South 46'24 ' 26" West, 113 . 95 feet; 5 . South 67 '56' 02" West, 114 . 41 feet; h 58 . '51 tact along the arc of a curve to the left, having a central angles of 4.3 ` 14' 52" and a radius of 210 . 00 feet and a long chord that bears Soot !. 46' 1.8'36" West, 154 .78 feat; 7 . South 24 '41' 10" West, 39 .72 feet; 13 . 258 . 45 feet along the arc of a curve to the left, having a central angle of 68' 10 ' 08" and a radius of 217 .23 feet and a long chord that heals South 09 '23 ' 54" East, 243 . 48 leet ; 9. South 43 '28 ' 58" East, 159 . 97 teet; -Continued- 11/17/98 09 :39 : 55 tt LC1615 H94 '1O6729% 97 Schedule A - Page 2 continued Order No. UO67298A97-2 10 . 69 . 50 feet along the arc of a curve to the right, having a central angle of 48'38 ' 11' and a radius of 81. 88 feet and a long chord that bears South 19'09 ' 53" East, 67 .43 feet; 11 . South 05'09 ' 12 ' West, 19 . 20 feet; 12 . 117 . 95 feet along the arc of a curve to the right, having a central angle of 25"54'10" and a radius of 206. 90 feet and a long chord that bears South 18'06'17" West, 116. 95 feet; 13 . South 31'03 '22" West, 130. 58 feet; 14 . South 09 '40 '40" West, 95. 26 feet; 15 . South 03 '11'43" East, 116. 07 feet; 16. 114. 85 feet along the arc of a curve to the left, having a central angle of 36'30'36" and a radius of 180.24 feet and a long chord that bears South 21'27 '01" East, 112 . 92 feet; 17 . South 39'42 ' 18" East, 116.57 feet; 18. 90 . 93 feet along the arc of a curve to the left, having a central angle of 45°22 '31" and a radius of 114 . 82 feet, and a long chord that bears South 62 '23 '34" East, 88. 57 feet; 19 . South 85'04' 50" East, 170 .71 feet; 20 . 151 . 01 feet along the arc of a curve to the right, having a central angle of 68'29 '30"and a radius of 126.33 feet and a long chord that bears South 50'50 '04" East, 142 . 18 feet; 21 . South 16"35'19" East, 120 . 95 feet; 22 . 196 . 66 feet along the arc of a curve to the right, having a central angle of 25'35' 07" and a radius of 440.41 feet and a long chord that bears South 03 '47 '46" East, 195. 04 feet; 23 . South 08'59 '48" West, 101. . 24 feet; 24 . 251. 82 feet along the arc of a curve to the left, having a central angle of 59 '32 ' 10" and a radius of 242 .34 feet and a long chord that bears South 20 '46'16" East, 240 . 64 feet; 25. South 50 '32 '21" East, 97 . 59 feet; thence North 89'31' 39" East , 2111 .76 feet; thence North 17'52 '53" West, 380 . 92 feet; thence North 89 '31'39" East , 337 . 87 feet; thence North 00'28'21" West, 150 . 00 feet; thence North 89 '31'39" East, 1867 . 95 feet; thence South 00 ' 14'30" West, 680 . 87 feet; thence South 88 '49 '23 " East, 78. 63 feet; thence South 12 '49 '39" East, 29 .72 feet; thence South 77 ° 10' 18" West, 30 . 00 feet; thence South 12 '49'43" East., 30. 00 feet; thence North 77 "10 '18" East., 30 . 00 feet; thence South 12 "49 '56" East, 14. 14 feet; thence South 19 "28'28" East, 608. 59 feet; thence South 43 ' 52 ' 15" East, 959 . 19 feet; thence South 11'49' 10" East, 159 . 59 feet; thence South 60'06'36" East, 1097 . 85 feet; thence South 22' 11' 13" East, 2189. 07 feet; thence South 17 '55'41" West, 814 . 01 feet to a point on the North line of a tract of land described as Parcel A in Book 1068 at Reception No. 2008614 of the Weld County Records; thence along said North line the following 5 courses: 1. South 38'04'26" West, 66 .71 feet; CONTINUED ] '1./17/98 09:39: 57 tt LC1615 RIe# Io672%A)7 Schedule A - Page 2 continued Order. No. UO67298A97-2 2 . South 70 '24'28" West, 210. 50 feet; 3 . North 65'42 '40" West, 1366. 02 feet; 4 . North 44°48'50" West, 1115. 90 feet; 5. South 71°20 '00" West, 138. 08 feet; thence South 71°20' 00" West, 540 . 88 feet; thence South 43 '34' 00" East, 318. 00 feet; thence South 16° 14' 0C" East, 175. 00 feet; thence South 00'40 ' 00 " East, 380 . 00 feet; thence South 27'02 ' 02 " West, 73 . 00 feet; thence North 65'16' O0" West, 155 . 00 feet; thence North 56' 09 ' 00" West, 462 . 00 feet.; thence North 68° 59' 00" West, 256. 00 feet.; thence South 31' 13 ' 00" West, 248. 00 feet; thence South 80'26' 00" West, 196. 00 feet; thence North 65'07 ' 00" West, 214 . 52 feet to a point on the East boundary of. a tract of land described in Exhibit A, Book 1068 at Reception No. 2008615. of the Weld. County Records; thence along said East boundary by the following ..3 courses: 1 . North 29` 11' 51" West, 43 . 34 feet.; 2 . North 35'35'04" West, 285.27 feet; 3 . North 69'49 '46" West, 52 .20 feet; 4 . North 34'41'43" West, 94 . 87 feet; 5. North 4048' 08" East, 154.56 feet; 6. North 72 ' 48' 51" East, 101 .53 feet; 7 . North 31' 54'29" East, 62 . 43 feet ; 8. North 17 `31'32" East, 59 .77 feet; 9 . North 20 "04' 17" West, 110 .72 feet; 10 . North 07 '06' 02" West, 291.23 feet; 11. North 11"50' 01" West, 107 .28 feet; 12 . North 33 "54' 04" West, 150. 60 feet; 13 . North 07 " 02 '17" West, 163 .23 feet to a point on the East boundary of a tract of land described in Exhibit B, Book 1068 at Reception No. 2008614 of th Weld County Records; thence along said East boundary, and along the Northerly and a portion of the Westerly boundary of said tract of land by the following 56 courses: 1 . North 36'47 '35" East, 143 .90 feet; 2 . North 57 ' 06'34" West, 102 .50 feet; 3 . North 65 '59 ' 14" West, 50. 60 feet; 4. North 69 "22 '13" West, 50 . 23 feet; 5 . North 71 . 52 '38" West, 50 . 07 feet; 6. North 74' 30 '37" West, 50 . 00 feet; 7 . North 77 ' 01' 49" West, 50 . 04 feet; 8 . North 19 ' 52 ' 59" West, 50 . 19 feet; 9 . North 78` 58' 20" West, 50 . 13 feet; 10 . North 77 '22 ' 24" West, 50 . 05 feet; 11. North 75' 18'44" West, 50 . 00 feet; 12 . North 73 ` 56' 14" West, 50 . 01 feet; 13 . North 75"59 ' 59" West, 50 . 01 feet; 14. North 78'03 '33" West, 50 . 08 feet; 15 . North 77 '49 '51" West, 50 . 07 feet; 16. Nor..h 78`30 '57" West, 50 . 10 feet; 17 . North 88' 50 '24" West, 75 . 38 feet; CONTINUED 11/17/98 09 :39 : 58 tt LC1615 File# UO67?BA97 Schedule A - Page 2 continued Order No. U067298A97-2 18. North 27 '27'03 " West, 144. 80 feet to a point on the South line of said Section 3; 19 . North 27"27 '03" West, 64 . 51 feet; 20 . North 38'44' 16" West, 50. 00 feet to a point on the East line of said Secion 4; 21 . North 38'44 ' 16" West, 20 . 57 feet; 22 . North 37 ° 14' 56" West, 50 . 03 feet; 23 . North 38'51' 09" West, 50. 00 feet; 24. North 39'46' 09" West, 50. 00 feet; 25. North 38"18'17" West, 39 . 87 feet; 26. North 11°21'47" West, 28.76 feet; 27 . North 10'11' 15" West, 100. 03 feet; 28. North 11"06' 14" West, 50. 00 feet; 29 . North 10°11' 15" West, 50. 01 feet; 30 . North 09'43 '45" West, 50. 02 feet; 31. North 09 '16' 18" West, 50 . 04 feet; 32 . North 11 "47'29" West, 50 . 00 feet; 33 . North 15°27' 08" West, 50 . 12 feet; 34. North 17'02 '45" West, 100.46 feet; 35. North 88° 04'22" West, 8. 11 feet; 36. North 55'06'47" West, 68. 88 feet; 37 . North 28°02 ' 02" West, 24 . 62 feet; 38. North 01'59 '49" East, 64.86 feet; 39. North 24"17 '59" West, 51. 56 feet; 40. North 34'33 ' 13 " West, 50 . 12 feet; 41. North 38°26 '37" West, 50 . 00 feet; 42 . North 42 '32 '43" West, 50 . 13 feet; 43 . North 61'52 ' 04" West, 76. 22 feet; 44. North 89 '17' 02" East, 139 . 17 feet; 45. North 03 °45' 51" West, 390.32 feet; 46. North 70°52 ' 01" West, 116. 11 feet; 47 . North 72 '17 ' 16" West, 122 .30 feet; , 48. North 55'39 '25" West, 181. 68 feet; 49. North 31"18'35" West, 1063 . 87 feet; 50. South 58'31 ' 52 " West, 57 .39 feet; 51. South 31"28 ' 08" East, 492 . 16 feet; 52 . South 30'42 ' 10" East, 31. 11 feet; 53 . South 10°25' 09" East, 63 .38 feet; 54 . 68. 62 feet along the arc of a curve to the left, having a central angle of 23 '19 ' 57" and a radius of 168. 50 feet and a long chord that bears South 22 '05' 08" East, 68. 14 feet; 55. South 33 °45 ' 06" East, 92 . 28 feet; 56. South 38"27' 03 " East, 30 . 14 feet; thence South 51"32 '58" West, 98. 00 feet to a point on the West boundary of a tract of land described in Exhibit A, Book 1068 at Reception No. 2008614 of the Weld County Records; thence along said West boundary by the following 58 courses: ' 1 . South 00'23 '32" East, 177 . 92 feet; 2 . South 10°18' 17" East, 78.26 feet; 3 . South 30"46' 13" East, 152 .46 feet; 4. South 47 °56' 08" East, 110.45 feet; 5. South 64"54' 59" East, 51 .89 feet; CONTINUED 11/17/98 09 :39 : 59 tt L01615 Pile# 1P067298A 7 Schedule A - Page 2 continued order No. UO67298A97-2 6. South 33 '41'24" East, 43 .27 feet; 7 . South 65'27 '44" East, 50 . 57 feet; 8. South 19'58' 59" East, 58. 52 feet; 9 . North 72'38'46" West, 16 .76 feet; 10 . North 30 °27' 56" West, 39 .45 feet; 11 . South 66°48'05" West, 53 .. 31 feet; 12 . South 37'58' 18" West, 52 .. 01 feet; 13 . South 01'53 '36" West, 121. 07 feet; 14. South 19' 17 '24" West, 63 . 57 feet; 15. South 06'08'48" West, 65 .38 feet; 16. South 33 °32 ' 10" East, 103 . 17 feet; 17 . South 55°05' 51" East, 52 .43 feet; 18. South 76'52 '47" East, 136. 57 feet; 19 . South 67'47 '47" East, 52 . 92 feet; 20. South 31'54'29" East, 62 .43 feet; 21 . South 12 ° 12 ' 02" East, 75.71 feet; 22 . South 15°36'40" East, 70. 60 feet; 23 . South 00'46'46" East, 147 . 01 feet; 24. South 40'38' 56" East, 130.48 feet; 25. South 04°53 ' 57" East , 70 . 26 feet.; 26. South 24'20 '28" West, 46. 10 feet.; 27 . South 13 `34' 14" East, 59 . 67 feet.; 28. South 35'26'24" East., 118 . 59 feet to a point on the South line of said Section 4; 29 . South 35'26'24" East, 17 . 65 feet; 30 . South 49'59 '37" East, 73 .11 feet; 31 . South 83 '07 ' 06" East, 58 .42 feet; 32 . South 65"05'43" East, 92 . 61 feet; 33 . South 58'24'46" East., 69 . 35 feet; 34. South 36"36'25" East, 43 . 60 feet; 35. South 24`34 '02" East., 38. 48 feet; 36. South 40`21'52" East, 105. 00 feet; . 37 . South 63 -26' 06" East, 36.45 feet to a point on the East line of said Section 9; 38 . South 63 '26'06" East, 37 . 34 feet; 39 . South 10'42 '47" East, 112 . 97 feet; 40 . South 35"26'45" East, 144.84 feet; 41. South 52 '48' 55" East, 145. 60 feet; 42 . South 67 '46'30" East, 100 .46 feet; 43 . South 53 `14'47" East, 98 . 60 feet; 44 . Sough 36'35'28" East, 82 .20 feet; 45. South 28'18' 03" East, 59 . 06 feet; 46. South 52 '31' 26" West, 37 . 80 feet; 47 . South 30 ° 03 ' 16" West, 183 .70 feet; 48 . South 04'58' 11" East, 46 . 17 feet; 49 . South 25'58' 28" West, 86 .76 feet; 50 . South 06' 03 ' 15" East, 66.37 feet; 51 . South 25'51 '59" East, 110 . 02 feet; 52 . South 07'28' 51" West, 99 . 85 feet; 53 . South 31' 16 '29" East, 157 .95 feet; 54 . South 18`26 ' 06" East, 139 . 14 feet; 55 . South 40'20 '48" East, 1.22 . 02 feet; CONTINUED 11/17/98 09:40: 00 tt LC1615 File# 1O67298A)7 Schedule A - Page 2 continued Order No. UO67298A97-2 56 . South 24°26'38' East, 48. 33 feet; 57 . South 04°21'25" East, 105. 30 feet; 58. South 29'30'41" East, 174.35 feet to a point on the East boundary of a tract of land described in Book 1068 at Reception No. 2008615 of the Weld County Records; thence along said East boundary by the following 6 courses: 1. South 37` 11'26" East, 96. 99 feet; 2 . South 52 `03 ' 11" East, 69. 68 feet; 3 . South 55`31' 12" East, 148. 65 feet; 4. South 16` 11'37" East, 138 .93 feet; 5. South 42 '52 '31" East, 177 . 69 feet; 6. South 25' 09 '42" East, 48 . 21 feet; thence South 25" 09'43" East, 106. 90 feet; thence South 24°47'31" East, 180.70 feet; thence South 36°43 ' 59" East, 146. 03 feet; thence South 25°08'23" West, 111 . 15 feet; thence South 02' 01' 55" East, 227 . 19 feet; thence South 27 ° 01' 04" East, 93 .92 feet; thence South 13 °36'48" East, 101 .31 feet; thence South 24'32 ' 47" East, 116. 37 feet; thence South 06°37'27" East, 234. 27 feet; thence South 07° 03 '43 " West, 151.41 feet; thence South 14'47 '42" West, 113 .31 feet; thence South 05' 07 '42" West, 157 . 19 feet; thence South 17 ' 56'26" West, 90 . 47 feet.; thence South 42 ' 18' 14" West, 134. 52 feet; thence South 19`19 '41" West, 268. 66 feet; thence South 30' 21'06" West, 184.39 feet; thence South 51"40 '58" West, 105. 15 feet; thence South 79"43 ' 10" West, 714. 61 feet; thence South 24'52 ' 12" West, 224. 67 feet; thence South 07 ' 13 ' 57" East, 10 .72 feet to a point on the North line of said Section 15; thence along said North line of Section 15, North 89'28'21" East, 64. 09 feet; thence South 00 '41' 51" East, 5264 . 17 feet to a point on the South line of said Section 15; thence along said South line of said Section 15, South 89°48' 56" West, 358. 01 feet to the True Point of Beginning; including that portion thereof platted as Beebe Draw Farms and Equestrian Center, First Filing under Revised Plat and Dedication recorded April 12, 1988 in Book 1192 at Reception No. 2137453, EXCEPT that portion deeded to Beebe Draw Farms Metropolitan District in Warranty Deed recorded December 1, 1997 in Book 1636 at Reception No. 2581769 , County of Weld , State of , Co. (for informational purposes only) Vacant Land y 11/17/98 09 : 39 :40 tt LC1615 lice# U06129S 97 NOTICE TO PROSPECTIVE OWNERS (A STATEMENT MADE AS REQUIRED BY COLORADO INSURANCE REGULATION) GAP PROTECTION When this Company conducts the closing and is responsible for recording or filing the legal documents resulting from the transaction, the Company shall be responsible for all matters which appear on the record prior to such time of recording or filing. MECHANIC'S LIEN PROTECTION If you are a buyer of a single family residence you may request mechanic's lien coverage to be issued on your policy of insurance. If the property being purchased has not been the subject of construction, improvements or repair in the last six months prior to the date of this zommitment the requirements will be payment of the appropriate premium and the completion of an Affidavit and Indemnity by the seller . If the property being purchased was constructed, improved or repaired withLn six months prior to the date of this commitment the requirements may involve disclosure of certain financial information, payment of premiums, and indemnity, among others . The general requirements stated above are subject to the revision and approval. of the Company. SPECIAL TAXING DISTRICT NOTICE (A Notice Given. In Conformity With Section 10- 11-122 C.R.S. ) The subject land may be located in a special taxing district; a certificate of taxes due listing each taxing jurisdiction shall be obtained from the county treasurer or the county treasurer's authorized agent; and information regarding special districts . and the boundaries of such districts may be obtained from the board of county commissioners, the county clerk and recorder, or the county assessor. 11/17/98 09 :39 : 41 tt LC1615 Pile# iO6729st,n Form No. 1344-B1 (CO-8 ) ALTA Plain Language Commitment SCHEDULE B - Section 1 Order No. UO67298A97-2 Requirements The following requirements must be met: (a) Pay the agreed amounts for the interest in the land and/or for the mortgage to be insured. (h) Pay us the premiums, fees and charges for the policy. (c) Obtain a certificate of taxes due from the county treasurer or the county treasurer's authorized agent. (d) The following documents satisfactory to us must be signed, delivered and recorded: 1 . Release of the Deed of Trust from Beebe Draw Farms, Ltd. , a Colorado Limi=ed Partnership to the Public Trustee of Weld County for the benefit of. Marolx Corporation, Etal to secure an indebtedness in the principal sum o.`. $700, 000 . 00, and any other amounts and/or obligations secured thereby, dated September 29, 1988 and recorded October 28, 1988 in Book 1214 at Recept ioi No. 2160089. The Deed of Trust was assigned to REI Limited Liability Company, a Wyomin7 Limited Liability Company recorded September 2, 1992 in Book 1349 at. Receptio❑ No. 2302190. NOTE: Subdivision Agreements recorded October 28, 1988 in Book 1214 at Reception Nos. 2160090 thru 2160093 subordinating foreclosed Deed of Trust recorded July 8, 1988 in Book 1201 at Reception No. 2147392 . NOTE: IF THE SALES PRICE OF THE SUBJECT PROPERTY EXCEEDS $100, 000 . 00 THE SELLER SHALL BE REQUIRED TO COMPLY WITH THE DISCLOSURE OR WITHHOLDING PROVISIONS OF C.R.S. 39-22-604 . 5 (NONRESIDENT WITHHOLDING) . 11/17/98 09 :39 :42 tt LC1615 File# UO6729RU7 Form No. 1344-82 (C0-88) ALTA Plain Language Commitment SCHEDULE B - Section 2 Order No. UO67298A97-2 Exceptions Any policy we issue will have the following exceptions unless they are taken care of to our satisfaction: 1 . Taxes and Assessments not certified to the Treasurer's Office. 2 . Any facts, rights, interests or claims which are not shown by the public records but which could be ascertained by an inspection of the land or by making inquiry of persons in possession thereof. 3 . Easements, or claims of easements, not shown by public records. 4 . Discrepancies, conflicts in boundary lines, shortage in area, encroachments, and any facts which a correct survey and inspection of the land would disclose, and which are not shown by the public records. 5 . Any lien, or right to a lien, for services, labor or material heretofore or hereafter furnished, imposed by law and not shown by the public records. 6 Any and all unpaid taxes, assessments and unredeemed tax sales. 7 . An undivided 100% interest in all oil, gas and other minerals as reserved by Beebe Draw Cattle Co. , a Colorado Limited Partnership recorded July 3, 1986 it. Book 1118 at Reception No. 2059669, and any and all assignments thereof or interests therein. (As to Portions of Sections 3, 4, 5, 8, 9, 10, 15 and 17) . 8 . An undivided 100% interest in all oil, gas and other minerals as reserved by Beebe Draw Cattle Co. , a Colorado Limited Partnership recorded June 26, 1986 in Book 1117 at Reception No. 2058750, and any and all assignments thereof or interests therein. (As to W1/2NE1/4SW1/4 and E1/2NW1/4SW1/4 of Section 4) . 9 . An undivided 100% interest in all oil, gas and other minerals as reserved by Beebe Draw Cattle Co. , a Colorado Limited Partnership recorded June 26, 1986 in Book 1117 at Reception No. 2058749, and any and all assignments thereof or interests therein. (As to N1/2SW1/4SW1/4, NW1/4SE1/4SW1/4, W1/2NE1/4SE1/4SW1/4 , and SE1/4NE1/4SE1/4SW1/4 of Section 4) . 10 . An undivided 100% interest in all oil, gas and other minerals as reserved by Beebe Draw Cattle Cc. , a Colorado Limited Partnership recorded June 26, 1986 in Book 1117 at Reception No. 2058748, and any and all assignments thereof or interests therein. (As to a portion of Section 5) . 11. An undivided 100% interest in all oil, gas and other minerals as reserved by Beebe Draw Cattle Co. , a Colorado Limited Partnership recorded June 26, 1986 in Book 1117 at Reception No. 2058747, and any and all assignments thereof or interests therein. (As to a portion of NE1/4NW1/4 of Section 4) . --Continued )1/17/98 09:39:45 tt LC1615 Fuca I FO67298 n Form No. 1344-B2 (CO-88) ALTA Plain Language Commitment Schedule B - Section 2 continued Order No. UO67298A97-2 12 . An undivided 100% interest in all oil, gas and other minerals as reserved by Beebe Draw Cattle Co. , a Colorado Limited Partnership recorded June 26, 1986 in Book 1117 at Reception No. 2058746, and any and all assignments thereof or interests therein. (As to a portion of the NW1/4NW1/4 of Section 4) . 13 . An undivided 103% interest in all oil, gas and other minerals as reserved by Beebe Draw Cattle Co. , a Colorado Limited Partnership recorded June 26, 1986 in Book 1117 at Reception No. 2058745, and any and all assignments thereof or interests therein. (As to the E1/2SW1/4NW1/4 and the W1/2SE1/4NW1/4 of Section 4) . 14. An easement for Platte Valley Canal and incidental purposes granted to Farmers Reservoir and Irrigation Company by the instrument recorded May 7, 1985 in Book 1068 at Reception No. 2008616. 15. An undivided 100% interest in all oil, gas and other minerals as reserved by Beebe Draw Cattle Co. , a Colorado Limited Partnership and Beebe Draw Land Company, Ltd. , a Colorado Limited Partnership recorded May 7, 1985 in Book 1068 at Reception No. 2008614, and any and all assignments thereof or interests therein. 16. An undivided 1/2 interest in all oil, gas and other minerals as reserved by Aristocrat Angus Ranch, a Partnership recorded February 8, 1980 in Book 895 at. Reception No. 1816527, and any and all assignments thereof or interests therein. (As to entire legal) . 17 . An undivided 100% interest in all oil, gas and other minerals as reserved by Federal Farm Mortgage Corporation recorded December 9, 1951 in Book 1318 at Page 346, and any and all assignments thereof or interests therein. (As to the N1./2NW1/4 of Section 4) . -8. An undivided 1/2 interest in all oil, gas and other minerals as reserved by Federal Farm Mortgage Corporation recorded August 28, 1944 in Book 1139 at Page 615, and any and all assignments thereof or interests therein. (As to N1/2NW1/4 of Section 4; said reservation reads as follows: For a period of 25 years from and after December 10, 1943, and so long thereafter as oil, gas and/or minerals or any of them are produced therefrom, or the premises are being developed or operated) . [9 . An easement for right of way and ditch easement and incidental purposes granted to The Farmers Reservoir and Ditch Company by the instrument recorded May 7, 1985 in Book 1068 at Reception No. 2008627. 0. Terms, conditions, provisions, agreements and obligations specified under the Canal Right of Way Agreement by and between The Farmers Reservoir and Irrigation Company and Beebe Draw Cattle Co. and Beebe Draw Land Company, Ltd recorded May 7, 1985 in Book 1068 at Reception No. 2.008617. CONTINUED 11/17/98 09 :39 :46 tt LC1615 nen Uo672v A97 Form No. 1344-B2 (CO-88) ALTA Plain Language Commitment Schedule B - Section 2 continued Order No. UO67298A97-2 21. The right of proprietor of a vein or lode to extract or remove his ore shouLd the same be found to penetrate or intersect the premises thereby granted as reserved in United States patent recorded August 4, 1909 in Book 132 at Page 252; and any and all assignments thereof or interest therein. (As to the SW1/4 of Section 10) . 22 . The right of proprietor of a vein or lode to extract or remove his ore shouLd the same be found to penetrate or intersect the premises thereby granted as reserved in United States patent recorded December 29, 1889 in Book :.31 at Page 49; and any and all assignments thereof or interest therein. (As to t. re S1/2NW1/4 of Section 4) . 23 . Right of way for ditches and canals as reserved in United States Patent recorded November 9, 1911 in Book 346 at Page 318. (As to the N1/2NE1/4 an' the N1/2NW1/4 of Section 4) . 24. An easement for pipeline right of way and incidental purposes granted to Adolph Coors Company by the instrument recorded September 9, 1974 in Book 722 at Reception No. 1644265. (As to Section 17) . . An easement for pipeline right of way and incidental purposes granted to Panhandle Eastern Pipe Line Company by the instrument recorded November 14, 1975 in Book 753 at Reception No. 1674639 . (As to Sections 3, 4 and 5) . 26 . An easement for pipeline right of way and incidental purposes granted to Panhandle Eastern Pipe Line Company by the instrument recorded March 19, 1979 in Book 863 at Reception No. 1784842 . (As to Sections 4, 5 and 9) . 27 . An easement for pipeline right of way and incidental purposes granted to Panhandle Eastern Pipe Line Company by the instrument recorded June 22, 1971 in Book 873 at Reception No. 1794666. (As tc Sections 4 and 9) . 28. An Oil and Gas Lease, from Champlin Petroleum Company as Lessor(s) to Basin Exploration, Inc. as Lessee(s) dated January 12, 1986, recorded February 28, 1986 in Book 1104 at Reception No. 2044621, and any and all assignments thereof or interests therein. (As to the W1/2NE1/4 of Section 17) . 29 . An Oil and Gas Lease, from Champlin Petroleum Company as Lessor(s) to Basin Exploration, Inc. as Lessee(s) dated January 12, 1986, recorded February 28, 1986 in Book 1104 at Reception No. 2044622, and any and all assignments thereof or interests therein. (As to the W1/2NE1/4 of Section 17) . 30 . An Oil and Gas Lease, from Union Pacific Resources Company as Lessor(s) to Basin Exploration, Inc. as Lessee(s) dated October 15, 1988, recorded February 17, 1989 in Book 1224 at Reception No. 2171240, and any and all assignments thereof or interests therein. (As to the E1/2NE1/4 of Section 17) . CONTINUED 11/17/98 09, 39 :47 tt LC1615 FLe# UO67298O7 Form. No. 1344-B2 (CO-88) ALTA. Plain Language Commitment Schedule B - Section 2 continued Order No. U067298A97-2 31. Terms , conditions, provisions, agreements and obligations specified under the Surface Owners Agreement by and between Beebe Draw Farms, Ltd and United Dett Funding and Union Pacific Resources Company recorded May 8, 1989 in Book L231 at Reception No. 2178978. (As to the E1/2NE1/4, SW1/4NE1/4 of Section 17 ) . 32 . Terms, conditions, provisions, agreements and obligations specified under the Surface Owner's Agreement by and between Beebe Draw Farms, Ltd and United Debt Funding and Union Pacific Resources Company recorded June 25, 1990 in Book 1267 at Reception No. 2217927 . (As to the W1/2 and the SE1/4 of Section 17) . 33 . An easement for pipeline right of way grant and incidental purposes granted to Snyder Oil Corporation by the instrument recorded July 9, 1991 in Book 13'74 at Reception No. 2255741. (As to the S1/2 of Section 17) . 34. An easement for pipeline right of way grant and incidental purposes granted to Snyder Oil Corporation by the instrument recorded July 31, 1991 in Book 130E at Reception No. 2257920. (As to the W1/2 of Section 17) . 35. An easement for right of way and incidental purposes granted to Amoco Production Company by the instrument recorded April 15, 1.993 in Book 1378 at Reception No. 2328993 . (As to the NE1/4 of Section 17) . 36. An easement for Valve Site Easement and incidental purposes granted to Associated Natural Gas, Inc. by the instrument recorded November 8, 1993 in Book 1410 at Reception No. 2358504. (As to The NE1/4 of Section 17) . 37 . Terms, agreements, provisions, conditions and obligations of a Grazing and Recreational Lease for Milton Lake, executed by Beebe Draw Land Co. , Ltd. , as Lessee (s) , for a term of 20 years, recorded May 7, 1985 in Book 1068 at Reception No. 2008623 . 38. An easement for access and roadway purposes and incidental purposes granted to Beebe Draw Cattle Co. by the instrument recorded May 7, 1985 in Book 1068 at Reception No. 2008625. (As to Section 10) . 39 . An easement for culvert and roadway right of way and incidental purposes granted to Farmers Reservoir and Irrigation Company by the instrument recorded May 7, 1985 in• Book 1068 at Reception No. 2008626. 40 . An easement for right of way grant and incidental purposes granted to R.N. Gas Gathering, Inc. by the instrument recorded January 20, 1997 in Book 1587 at Reception No. 2529916. (As to the S1/2SW1/4 of Section 3 and the NW1/4 of Section 10) . 41 . An easement for right of way grant and incidental purposes granted tc R.N. Gas Gathering, Inc. by the instrument recorded March 7, 1997 in Book 1594 at Reception No. 2536890 . (As to the S1/2SW1/4 of Section 3 and the NW1/4 of CONTINUED 11/17/98 09 :39 :49 tt LC1615 file# UO67291#97 Form No. 1344-B2 (CO-88) ALTA Plain Language Commitment Schedule B - Section 2 continued Order No. U067298A97-2 Section 10) . 42 . Any increase or decrease in the area of the land and any adverse claim to any portion of the land which has been created by or caused by accretion or reliction, whether natural or artificial; and the effect of the gain or loss of area by accretion or reliction upon the marketability of the title of the land. 43 . An easement for right of way grant and incidental purposes granted to Panhandle Eastern Pipe Line Company by the instrument recorded February 10, 1982 in Book 960 at Reception No. 1882623 . (As to the SE1/4 of Section 9) . 44. An Oil and Gas Lease, from Champlin Petroleum Company as Lessor(s) tc Basin Exploration, Inc. as Lessee (s) dated September 30, 1985, recorded December 1985 in Book 1093 at Reception No. 2033922, and any and all assignments thereof or interests therein. (As to the W1/2NE1/4 of Section 9) . 45. An Oil and Gas Lease, from Champlin Petroleum Company as Lessor(s) tc Basin Exploration, Inc. as Lessee (s) dated December 1, 1986, recorded February 19, 1987 in Book 1146 at Reception No. 2088974, and any and all assignments thereof or interests therein. (As to the E1/2NE1/4 of Section 9) . 46. An easement for pipeline right of way grant and incidental purposes granted to Soco Wattenberg Corporation by the instrument recorded August 24, 1992 in Book 1348 at Reception No. 230'_064. (As to the W1/2 of Section 9) . 47 . An Oil and Gas Lease, from Union Pacific Resources Company as Lessor(s) to Basin Exploration, Inc. as Lessee(s) dated May 27, 1993, recorded May 27, 1593 in Book 1384 at Reception No. 2334585, and any and all assignments thereof or interests therein. (As to the NE1/4 of Section. 9) . 48. Terms, conditions, provisions, agreements and obligations specified under the Letter of Agreement by and between Beebe Draw Farms, Ltd. and Panhandle Eastern Pipe Line Company recorded July 2, 1990 in Book 1268 at Reception Nc . 2218733 . (As to Section 8) . 49 . An easement for right of way agreement and incidental purposes granted to Vessels Oil and Gas Company by the instrument recorded July 2, 1990 in Book 1268 at Reception No. 2218735. (As to the S1/2 of Section 8) . 50 . An easement for right of way agreement and incidental purposes granted to Amoco Production Company by the instrument recorded January 17, 1991 in Boo}. 1287 at Reception No. 2238676. (As to Section 8) . 51 . An easement for right of way agreement and incidental purposes granted to Vessels Oil and Gas Company by the instrument recorded April 1, 1992 in Boo}. 1330 at Reception No. 2282824. (As to the S1/2 of Section 8) . CONTINUED 11/17/98 09 :39 : 50 tt LC1615 Nile# ico6729n .97 Form No. 1344-B2 (CO-88) ALTA Plain Language Commitment Schedule B - Section 2 continued Order No. UO67298A97-2 52 . An Oil. and Gas Lease, from Champlin Petroleum Company as Lessor(s) to Basin Exploration, Inc. as Lessee(s) dated September 24, 1985, recorded January 6, 1986 in Book 1098 at Reception No. 2038103, and any and all assignments thereof or interests therein. (As to the W1/2NE1/4 of Section 5) . 53 . An Oil. and Gas Lease, from Champlin Petroleum Company as Lessor(s) to Basin Exploration, Inc. as Lessee(s) dated August 20, 1986, recorded August 22, 1986 in Book 1132 at Reception No. 2074207, and any and all assignments thereof or interests therein. (As to the E1/2NE1/4 of Section 5) . 54 . Easements and rights of ways as shown on Beebe Draw list of Exhibits as recorded July 19, 1989 in Book 1238 at Reception No. 2185720. 55. An easement for pipeline right of way and incidental purposes granted to Colorado Interstate Gas Company by the instrument recorded June 5, 1931 in Book 938 at Reception No. 1859717 . (As to NE2 /4 of Section 8, SE1/4 of Section 5 and the SW1/4 of Section 4) . 56. An easement for pipeline right of way and incidental purposes granted to Colorado Interstate Gas Company by the instrument recorded August 14, 1981 in Book 944 at Reception No. 1866327 . (As to the NE1/4 of Section 4) . 57 . An easement for pipeline right of way grant and incidental purposes granted to Panhandle Eastern Pipe Line Company by the instrument recorded November 2 1987 in Book 951 at Reception No. 1873494. (As to the S1/2 of Section 5, all of Section 8, and the W1/2 of Section 4) . 58. An easement for pipeline right of way grant and incidental purposes granted to Panhandle Eastern Pipe Line Company by the instrument recorded December 3 1981 in Book 954 at Reception No. 1876094. (As to Section 4) . 59. An easement for pipeline right of way agreement and incidental purposes granted to Colorado Interstate Gas Company by the instrument recorded February 8, 1982 in Book 960 at Reception No. 1882368. (As to the W1/2 of Section 3) . 60 . An easement for access and incidental purposes granted tc. the Farmers Reservoir and Irrigation Company by the instrument recorded May 7, 1985 in Book 1068 at Reception No. 2008628. (As to Sections 3, 4, 8, 9 and 10) . 61. The effects of the Beebe Draw Farms Metropolitan Service Plan recorded April 16, 1986 in Book 1109 at Reception No. 2051046. 62 . An undivided 100% interest in all oil, gas and other minerals as reserved by Beebe Draw Cattle Co. recorded August 6, 1986 in Book 1122 at Reception No. 2063764, and any and all assignments thereof or interests therein. (As to Sections 3, 4, 5, 8, 9, 10, 15, 16 and 17) . CONTINUED 11/17/98 09 : 39 : 51 tt LC1i615 F,Ie# m672 U7 Form. No. 1344-B2 (CO-88) ALTA Plain Language Commitment Schedule B - Section 2 continued Order No. UO67298A97-2 63 . The effects of the findings, order and decree creating Beebe Draw Farms Metropolitan District recorded August 20, 1986 in Book 1]24 at Reception No. 2065838. 64 . Terms, agreements, provisions, conditions and obligations of a Memorandum of Lease, executed by TOA American Gas Products, as Lessee (s) , for a term of 20 years, recorded December 10, 1986 in Book 113£ at Reception No. 2080035 . (As to the W1/2NE1/4 of Section 4) . 65. Terms, agreements, provisions, conditions and obligations of a Grazing and Recreational Lease for Milton Lake, executed by Beebe Draw Land Company, Ltd. , as Lessee(s) , for a term o1 30 years, recorded March 6, 1987 in Book 1148 at Reception No. 2090926. 66. An easement for pipeline easement and incidental purposes granted to Aristocrat Gas Products Company by the instrument recorded June 29, 1987 in Book 1161 at Reception No. 2105272 . (As to 141/2 of Section 4) . 67 . An undivided 100% interest in all oil, gas and other minerals conveyed to Aristocrat Angus Ranch by Mineral Deed, recorded July 8, 1988 in Book 120L at Reception No. 2147384, and any and all assignments thereof or interests therein. (As to Sections 4, 5, 8, 9, 10 and 17) . 68. Terms, conditions, provisions, agreements and obligations specified under the Road easement agreement by and between Beebe Draw Land Company and Aristocrat Angus Ranch recorded July 8, 1988 in Book 1201 at Reception No. 2147390 . (As to Sections 3 and 10) . 69 . An easement for access and incidental purposes granted to. Farmers Reservoir and Irrigation Company by the instrument recorded February 13 , 1989 in Book 1224 at Reception No. 2170703 . 70 . An easement for pipeline easement and incidental purposes granted to Coors Energy Company by the instrument recorded March 2, 1989 in Book 1225 at Reception No. 2172282 . (At to Sections 4 and 9) . 71 . Terms, conditions, provisions, agreements and obligations specified under tte Letter Agreement by and between Tower Energy Corporation and Beebe Draw Farms, Ltd. recorded January 23, 1990 in Book 1254 at Reception No. 2203498. 72 . Terms, conditions, provisions, agreements and obligations specified under tte Easement, Right of Way and Surface Use Agreement by and between REI Limited LiabiLity Company and Beebe Draw Farm Metropolitan District recorded August 22 , 1996 in Book 1562 at Reception No. 2507560. (As to Sections 3, 4 and 1C) . Covenants, Conditions, Restrictions, Easements and Notes as contained on the Plat of "Corrected First Filing Plat of Beebe Draw Farms and Equestrian Center" CONTINUED 11/17/98 09 :39 : 52 tr_ LC1615 h!L# oo6729b197 Form No. 1344-B2 (CO-88) ALTA Plain Langtiage Commitment Schedule B - Section 2 continued Order No. UO67298A97-2 recorded December 13, 1989 in Book 1251 at Reception No. 2200074. 74. Reservation of right of way for any ditches or canals constructed by authority of United States in U.S. Patent recorded February 20, 1918 in Book 460 at Page 46 affecting the W1/2 of Section 8; recorded May 18, 1925 in Book 668 at Page 170 affecting the E1/2 of Section 8; recorded November 9, 1911 in Book 346 at Page 318 affecting the N1./2NW1/4, N1/2NE1/4 of Section 4; recorded January 23, 1914 in Book 385 at Page 587 affecting the W1/2SE1/4, S1/2NE1/4 of Section 4 ; recorded March 26, 1919 in Book 511 at Page 348 affecting the SW1/4 of Section 4; recorded March 2, 1920 in Book 507 at Page 573 affecting the S1/2NW1/4 of Section 4; and recorded June 4, 1922 in Book 668 at Page 246 affecting the E1/2SE1/4 of Section 4. 75. All coal in the lands so granted and to it of persons authorized by it to prospect, mine.and remove coal from same as reserved in United States Patent recorded January 23, 1914 in Book 385 at Page 385. (As to the W1/2SE1/4 anc the S1/2NE1/4 of Section 4) . 76. Reservations by the Union Pacific Railroad Company of (1) oil, coal and other minerals underlying the land, (2) the exclusive right to prospect for, mine and remove oil, coal and other minerals, and (3) the right of ingress and egress and regress to prospect for, mine and remove oil, coal and other minerals, all as contained in Deed recorded January 18, 1911 in Book 320 at Page 47, and any and all assignments thereof or interests therein. (As t' Section 5) . 77 . Reservations by the Union Pacific Railroad Company of (1) oil, coal and other minerals underlying the land, (2) the exclusive right to prospect for, mice and remove oil, coal and other minerals, and (3) the right of ingress and egress and regress to prospect for, mine and remove oil, coal and other minerals, all as contained in Deed recorded October 22, 1908 in Book 233 .it Page 179, and any and all assignments thereof or interests therein. (As Lo Section 9) . 78. Reservations by the Union Pacific Railroad Company of (1) oil, coal and other minerals underlying the land, (2) the exclusive right to prospect for, mine and remove oil, coal and other minerals, and (3) the right of ingress and egress and regress to prospect for, mine and remove oil, coal and other minerals, all as contained in Deed recorded February 10, 1910 in Book 233 at Page 293, and any and all assignments thereof cs interests therein. (As Lo Section 17) . 79 . All oil and gas as reserved in United States Patent recorded June 4, 1927 it Book 668 at Page 245. (As to the W1/2NW1/4, SE1/4NW1/4 and the SW1/4NE1/4 of Section 10) . Terms, conditions, provisions, agreements and obligations specified under the CONTINUED ! 1/ 17..98 09 : 39 : 54 tt 0C1615 PIle .1O672 9:‘ Form No. 1344-112 (CO-88) ALTA Plain Language Commitment Schedule B - Section 2 continued Order No. !1O6'7298A97-2 Agreement by and between William C. Carroll ard The Farmers Reservoir and irrigation and Company recorded June 9, 1934 in Book 961 at. Page 223 . (A.: to Sections 4, 9 and 10) . 81 . Rights of way for County Roads 30 feet on either side of Section and Pownol.ip lines , as establisoed by the Boatel of County Commissioners for Weld County, Colorado r ecor:ded October 14 , :1889 in Book 86 at Page 21/ . Novice of general description at area serviced by Panhandle Eastern Pipe _ire Company concerning underground facilities recorded June 26, 1986 in Book 1117 at Reception No . 2058722 . is Notic,, concerning undeei ground tacilities of United Power, Iuc. , formerly 'inl oil Rural Electric Association, Inc. , recorded January 24, 1`191 in Look 1288 it. Reception No. 2239296. 81. An easement for pipeline right of way and inca_dental purposes granted to Jute Energy Field Services, Inc. by the instrument recorded July 22, 1998 at Re:eption No. 2627617 . Ni1'PE: 'Thee following notices pursuant to CRS 9-1. h-103 concerning unde -gr 'rn d leer 1 it.ia:; have beau filed with the Weld County Clerk and Recordei . 'Ph.?°: . t _.te,nents are general and do not necessarily give notice of underground facilities within the subtect property. (a) Continental Pipeline Company, recorded January 8, 1255 in Book 1408 d Page 480 . (b) (Mountain Bell Toleplrone Company, recorded October 1 1981 in Book 943 , t Reception No. 1870805 . (c) Colorado Interstate Gas Company, recorded August 31, 1984 in Book 1041 at Reception No. 1979784 . (dt Associated Natural Gas, Inc. , recorded April 10, 1989 in Book 1229 at Reception No. 277591'7 . Hello