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HomeMy WebLinkAbout20251283.tiffHT( H�rItage Tilde G mpa„ Date: File No.: Buyer(s)/Borrower(s): Property: Assessor Parcel No.: 8055 E Tufts Ave, Suite 300 Denver, CO 80237 Phone: (303)476-5800 / Fax: (866)300-8568 February 13, 2024 450-HS0828326-412 Coors Energy Company, a Colorado corporation Vacant Land (194.99 acre parcel), Keenesburg, CO 80643-9647 121536200006 and R8981125 PLEASE TAKE NOTE OF THE FOLLOWING REVISED TERMS CONTAINED HEREIN: WIRED FUNDS ARE REQUIRED ON ALL CASH PURCHASE TRANSACTIONS. FOR WIRING INSTRUCTIONS, PLEASE CONTACT YOUR ESCROW OFFICE AS NOTED ON THE TRANSMITTAL PAGE OF THIS COMMITMENT. To: ENGIE Distributed Solar & Storage 1360 Post Oak Blvd. Houston, TX 77056 Attn: Janna Thornberry Phone: Fax: Email: janna.thornberry@engie.com Attn: Travis Armistead Phone: Fax: Email: travis.armistead@engie.com Attn: Navya Gundeti Phone: Fax: Email: navya.gundeti@engie.com END OF TRANSMITTAL Title Transmittal Printed: 02.13.24 @ 03:01 PM by V COD1101.doc / Updated: 06.26.23 Page 1 C O -C W- F FAH -01610.114124- H S 0828326 CLTA CHAIN OF TITLE GUARANTEE Guarantee Number: Issued By: COMMOnwealthTM LAND TITLE INSURANCE COMPANY HS0828326 SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE LIMITS OF LIABILITY AND THE CONDITIONS AND STIPULATIONS OF THIS GUARANTEE, COMMONWEALTH LAND TITLE INSURANCE COMPANY a corporation, herein called the Company GUARANTEES the Assured named in Schedule A of this Guarantee against actual monetary loss or damage not exceeding the liability amount stated in Schedule A, which the Assured shall sustain by reason of any incorrectness in the assurances set forth in Schedule A. Heritage Title Company - Denver Metro Title 8055 E Tufts Ave, Suite 300 Denver, CO 80237 Countersigned By: /144.7 Terry N. Williams Authorized Officer or Agent NpTIT...7.9G z' SEAL s OJ........ NEBRAS\vP Commonwealth Land Title Insurance Company By: Michael J. Nolan, President Attest: Marjorie Nemzura, Secretary CLTA Chain of Title (06/06/1992) Printed: 02.13.24 @ 03:01 PM Page 2 CO-CW-FFAH-01610.114124-SPS-0-24-HS0828326 NOTICE CONCERNING FRAUDULENT INSURANCE ACTS (This Notice is Permanently Affixed Hereto) It is unlawful to knowingly provide false, incomplete, or misleading facts or information to an insurance company for the purpose of defrauding or attempting to defraud the company. Penalties may include imprisonment, fines, denial of insurance, and civil damages. Any insurance company or agent of an insurance company who knowingly provides false, incomplete, or misleading facts or information to a policyholder or claimant for the purpose of defrauding or attempting to defraud the policyholder or claimant with regard to a settlement or award payable from insurance proceeds shall be reported to the Colorado Division of Insurance within the department of regulatory agencies. C. R. S. A. § 10-1-128 (6)(a). Anti -Fraud Claim Statement Printed: 02.13.24 @ 03:01 PM Page 3 CO-CW-FFAH-01610.114124-SPS-0-24-HS0828326 COMMONWEALTH LAND TITLE INSURANCE COMPANY GUARANTEE NO. HS0828326 ISSUING OFFICE: Heritage Title Company - Denver Metro Title 8055 E Tufts Ave, Suite 300 Denver, CO 80237 Main Phone: (303)476-5800 SCHEDULE A Liability Fee Title Officer $135.00 $135.00 Cindy Simpson 1. Name of Assured: Coors Energy Company, a Colorado corporation and ENGIE Distributed Solar & Storage 2. Date of Guarantee: November 20, 2024 at 12:00 AM The assurances referred to on the face page are: That, according to those public records which, under the recording laws, impart constructive notice of matters relating to the interest, if any, which was acquired by Coors Energy Company, a Colorado corporation pursuant to a General Conveyance, Assignment and Transfer recorded March 2, 1981 at Reception No. 1851137 in and to the land described as follows: THE NORTH HALF OF SECTION 36, TOWNSHIP 3 NORTH, RANGE 64 WEST OF THE 6TH P.M., COUNTY OF WELD, STATE OF COLORADO, EXCEPT THE WEST 100 FEET AND EXCEPT THAT PORTION OF LAND DESCRIBED IN DEED RECORDED MAY 17, 2001 AT RECEPTION NO. 2849126 AND DEED RECORDED MARCH 1, 2023 AT RECEPTION NO. 4884366 . Only the following conveyances appear in such records subsequent to August 30, 1972: Reception No. 1851137 Reception No. 2480989 (State of Colorado Patent) This Guarantee does not cover: 1. Taxes, assessments, and matters related thereto. 2. Instruments, proceedings, or other matters which do not specifically describe said land. END OF SCHEDULE A CLTA Chain of Title (06/06/1992) Printed: 02.13.24 @ 03:01 PM Page 4 CO-CW-FFAH-01610.114124-SPS-0-24-HS0828326 COMMONWEALTH LAND TITLE INSURANCE COMPANY GUARANTEE NO. HS0828326 SCHEDULE OF EXCLUSIONS FROM COVERAGE OF THIS GUARANTEE 1. Except to the extent that specific assurances are provided in Schedule A of this Guarantee, the Company assumes no liability for loss or damage by reason of the following: (a) Defects, liens, encumbrances, adverse claims or other matters against the title, whether or not shown by the public records. (b) (1) Taxes or assessments of any taxing authority that levies taxes or assessments on real property; or (2) Proceedings by a public agency which may result in taxes or assessments, or notices of such proceedings, whether or not the matters excluded under (1) or (2) are shown by the records of the taxing authority or by the public records. (c) (1) Unpatented mining claims; (2) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (3) water rights, claims or title to water, whether or not the matters excluded under (1), (2) or (3) are shown by the public records. 2. Notwithstanding any specific assurances which are provided in Schedule A of this Guarantee, the Company assumes no liability for loss or damage by reason of the following: (a) Defects, liens, encumbrances, adverse claims or other matters affecting the title to any property beyond the lines of the land expressly described in the description set forth in Schedule (A) of this Guarantee, or title to streets, roads, avenues, lanes, ways or waterways to which such land abuts, or the right to maintain therein vaults, tunnels, ramps or any structure or improvements; or any rights or easements therein, unless such property, rights or easements are expressly and specifically set forth in said description. (b) Defects, liens, encumbrances, adverse claims or other matters, whether or not shown by the public records; (1) which are created, suffered, assumed or agreed to by one or more of the Assureds; (2) which result in no loss to the Assured; or (3) which do not result in the invalidity or potential invalidity of any judicial or non -judicial proceeding which is within the scope and purpose of the assurances provided. (c) The identity of any party shown or referred to in Schedule A. (d) The validity, legal effect or priority of any matter shown or referred to in this Guarantee. GUARANTEE CONDITIONS AND STIPULATIONS 1. DEFINITION OF TERMS The following terms when used in the Guarantee mean: (a) the "Assured": the party or parties named as the Assured in this Guarantee, or on a supplemental writing executed by the Company. (b) "land": the land described or referred to in Schedule A and improvements affixed thereto which by law constitute real property. The term "land" does not include any property beyond the lines of the area described or referred to in Schedule A, nor any right, title, interest, estate or easement in abutting streets, roads, avenues, alleys, lanes, ways or waterways. (c) "mortgage": mortgage, deed of trust, trust deed, or other security instrument. (d) "public records": records established under state statutes at Date of Guarantee for the purpose of imparting constructive notice of matters relating to real property to purchasers for value and without knowledge. (e) "date": the effective date. 2. NOTICE OF CLAIM TO BE GIVEN BY ASSURED CLAIMANT An Assured shall notify the Company promptly in writing in case knowledge shall come to an Assured hereunder of any claim of title or interest which is adverse to the title to the estate or interest, as stated herein, and which might cause loss or damage for which the Company may be liable by virtue of this Guarantee. If prompt notice shall not be given to the Company, then all liability of the Company shall terminate with regard to the matter or matters for which prompt notice is required; provided, however, that failure to notify the Company shall in no case prejudice the rights of any Assured under this Guarantee unless the Company shall be prejudiced by the failure and then only to the extent of the prejudice. 3. NO DUTY TO DEFEND OR PROSECUTE The Company shall have no duty to defend or prosecute any action or proceeding to which the Assured is a party, notwithstanding the nature of any allegation in such action or proceeding. 4. COMPANY'S OPTION TO DEFEND OR PROSECUTE ACTIONS; DUTY OF ASSURED CLAIMANT TO COOPERATE Even though the Company has no duty to defend or prosecute as set forth in Paragraph 3 above: (a) The Company shall have the right, at its sole option and cost, to institute and prosecute any action or proceeding, interpose a defense, as limited in (b), or to do any other act which in its opinion may be necessary or desirable to establish the title to the estate or interest as stated herein, or to establish the lien rights of the Assured, or to prevent or reduce loss or damage to the Assured. The Company may take any appropriate action under the terms of this Guarantee, whether or not it shall be liable hereunder, and shall not thereby concede liability or waive any provision of this Guarantee. If the Company shall exercise its rights under this paragraph, it shall do so diligently. (b) If the Company elects to exercise its options as stated in Paragraph 4(a) the Company shall have the right to select counsel of its choice (subject to the right of such Assured to object for reasonable cause) to represent the Assured and shall not be liable for and will not pay the fees of any other counsel, nor will the Company pay any fees, costs or expenses incurred by an Assured in the defense of those causes of action which allege matters not covered by this Guarantee. (c) Whenever the Company shall have brought an action or interposed a defense as permitted by the provisions of this Guarantee, the Company may pursue any litigation to final determination by a court of competent jurisdiction and expressly reserves the right, in its sole discretion, to appeal from an adverse judgment or order. CLTA Chain of Title (06/06/1992) Printed: 02.13.24 @ 03:01 PM Page 5 CO-CW-FFAH-01610.114124-SPS-0-24-HS0828326 COMMONWEALTH LAND TITLE INSURANCE COMPANY GUARANTEE NO. HS0828326 (continued) (d) In all cases where this Guarantee permits the Company to prosecute or provide for the defense of any action or proceeding, an Assured shall secure to the Company the right to so prosecute or provide for the defense of any action or proceeding, and all appeals therein, and permit the Company to use, at its option, the name of such Assured for this purpose. Whenever requested by the Company, an Assured, at the Company's expense, shall give the Company all reasonable aid in any action or proceeding, securing evidence, obtaining witnesses, prosecuting or defending the action or lawful act which in the opinion of the Company may be necessary or desirable to establish the title to the estate or interest as stated herein, or to establish the lien rights of the Assured. If the Company is prejudiced by the failure of the Assured to furnish the required cooperation, the Company's obligations to the Assured under the Guarantee shall terminate. 5. PROOF OF LOSS OR DAMAGE In addition to and after the notices required under Section 2 of these Conditions and Stipulations have been provided to the Company, a proof of loss or damage signed and sworn to by the Assured shall be furnished to the Company within ninety (90) days after the Assured shall ascertain the facts giving rise to the loss or damage. The proof of loss or damage shall describe the matters covered by this Guarantee which constitute the basis of loss or damage and shall state, to the extent possible, the basis of calculating the amount of the loss or damage. If the Company is prejudiced by the failure of the Assured to provide the required proof of loss or damage, the Company's obligation to such assured under the Guarantee shall terminate. In addition, the Assured may reasonably be required to submit to examination under oath by any authorized representative of the Company and shall produce for examination, inspection and copying, at such reasonable times and places as may be designated by any authorized representative of the Company, all records, books, ledgers, checks, correspondence and memoranda, whether bearing a date before or after Date of Guarantee, which reasonably pertain to the loss or damage. Further, if requested by any authorized representative of the Company, the Assured shall grant its permission, in writing, for any authorized representative of the Company to examine, inspect and copy all records, books, ledgers, checks, correspondence and memoranda in the custody or control of a third party, which reasonably pertain to the loss or damage. All information designated as confidential by the Assured provided to the Company pursuant to this Section shall not be disclosed to others unless, in the reasonable judgment of the Company, it is necessary in the administration of the claim. Failure of the Assured to submit for examination under oath, produce other reasonably requested information or grant permission to secure reasonably necessary information from third parties as required in the above paragraph, unless prohibited by law or governmental regulation, shall terminate any liability of the Company under this Guarantee to the Assured for that claim. 6. OPTIONS TO PAY OR OTHERWISE SETTLE CLAIMS: TERMINATION OF LIABILITY In case of a claim under this Guarantee, the Company shall have the following additional options: (a) To Pay or Tender Payment of the Amount of Liability or to Purchase the Indebtedness. The Company shall have the option to pay or settle or compromise for or in the name of the Assured any claim which could result in loss to the Assured within the coverage of this Guarantee, or to pay the full amount of this Guarantee or, if this Guarantee is issued for the benefit of a holder of a mortgage or a Iienholder, the Company shall have the option to purchase the indebtedness secured by said mortgage or said lien for the amount owing thereon, together with any costs, reasonable attorneys' fees and expenses incurred by the Assured claimant which were authorized by the Company up to the time of purchase. Such purchase, payment or tender of payment of the full amount of the Guarantee shall terminate all liability of the Company hereunder. In the event after notice of claim has been given to the Company by the Assured the Company offers to purchase said indebtedness, the owner of such indebtedness shall transfer and assign said indebtedness, together with any collateral security, to the Company upon payment of the purchase price. Upon the exercise by the Company of the option provided for in Paragraph (a) the Company's obligation to the Assured under this Guarantee for the claimed loss or damage, other than to make the payment required in that paragraph, shall terminate, including any obligation to continue the defense or prosecution of any litigation for which the Company has exercised its options under Paragraph 4, and the Guarantee shall be surrendered to the Company for cancellation. (b) To Pay or Otherwise Settle With Parties Other Than the Assured or With the Assured Claimant. To pay or otherwise settle with other parties for or in the name of an Assured claimant any claim assured against under this Guarantee, together with any costs, attorneys' fees and expenses incurred by the Assured claimant which were authorized by the Company up to the time of payment and which the Company is obligated to pay. Upon the exercise by the Company of the option provided for in Paragraph (b) the Company's obligation to the Assured under this Guarantee for the claimed loss or damage, other than to make the payment required in that paragraph, shall terminate, including any obligation to continue the defense or prosecution of any litigation for which the Company has exercised its options under Paragraph 4. 7. DETERMINATION AND EXTENT OF LIABILITY This Guarantee is a contract of indemnity against actual monetary loss or damage sustained or incurred by the Assured claimant who has suffered loss or damage by reason of reliance upon the assurances set forth in this Guarantee and only to the extent herein described, and subject to the Exclusions From Coverage of This Guarantee. The liability of the Company under this Guarantee to the Assured shall not exceed the least of: (a) the amount of liability stated in Schedule A or in Part 2; (b) the amount of the unpaid principal indebtedness secured by the mortgage of an Assured mortgagee, as limited or provided under Section 6 of these Conditions and Stipulations or as reduced under Section 9 of these Conditions and Stipulations, at the time the loss or damage assured against by this Guarantee occurs, together with interest thereon; or (c) the difference between the value of the estate or interest covered hereby as stated herein and the value of the estate or interest subject to any defect, lien or encumbrance assured against by this Guarantee. 8. LIMITATION OF LIABILITY (a) If the Company establishes the title, or removes the alleged defect, lien or encumbrance, or cures any other matter assured against by this Guarantee in a reasonably diligent manner by any method, including litigation and the completion of any appeals therefrom, it shall have fully performed its obligations with respect to that matter and shall not be liable for any loss or damage caused thereby. (b) In the event of any litigation by the Company or with the Company's consent, the Company shall have no liability for loss or damage until there has been a final determination by a court of competent jurisdiction, and disposition of all appeals therefrom, adverse to the title, as stated herein. CLTA Chain of Title (06/06/1992) Printed: 02.13.24 @ 03:01 PM Page 6 CO-CW-FFAH-01610.114124-SPS-0-24-HS0828326 COMMONWEALTH LAND TITLE INSURANCE COMPANY GUARANTEE NO. HS0828326 (continued) (c) The Company shall not be liable for loss or damage to any Assured for liability voluntarily assumed by the Assured in settling any claim or suit without the prior written consent of the Company. 9. REDUCTION OF LIABILITY OR TERMINATION OF LIABILITY All payments under this Guarantee, except payments made for costs, attorneys' fees and expenses pursuant to Paragraph 4 shall reduce the amount of liability pro tanto. 10. PAYMENT OF LOSS (a) No payment shall be made without producing this Guarantee for endorsement of the payment unless the Guarantee has been lost or destroyed, in which case proof of loss or destruction shall be furnished to the satisfaction of the Company. (b) When liability and the extent of loss or damage has been definitely fixed in accordance with these Conditions and Stipulations, the loss or damage shall be payable within thirty (30) days thereafter. 11. SUBROGATION UPON PAYMENT OR SETTLEMENT Whenever the Company shall have settled and paid a claim under this Guarantee, all right of subrogation shall vest in the Company unaffected by any act of the Assured claimant. The Company shall be subrogated to and be entitled to all rights and remedies which the Assured would have had against any person or property in respect to the claim had this Guarantee not been issued. If requested by the Company, the Assured shall transfer to the Company all rights and remedies against any person or property necessary in order to perfect this right of subrogation. The Assured shall permit the Company to sue, compromise or settle in the name of the Assured and to use the name of the Assured in any transaction or litigation involving these rights or remedies. If a payment on account of a claim does not fully cover the loss of the Assured the Company shall be subrogated to all rights and remedies of the Assured after the Assured shall have recovered its principal, interest, and costs of collection. 12. ARBITRATION Unless prohibited by applicable law, either the Company or the Assured may demand arbitration pursuant to the Title Insurance Arbitration Rules of the American Land Title Association. Arbitrable matters may include, but are not limited to, any controversy or claim between the Company and the Assured arising out of or relating to this Guarantee, any service of the Company in connection with its issuance or the breach of a Guarantee provision or other obligation. All arbitrable matters when the Amount of Liability is One Million And No/100 Dollars ($1,000,000) or less shall be arbitrated at the option of either the Company or the Assured. All arbitrable matters when the amount of liability is in excess of One Million And No/100 Dollars ($1,000,000) shall be arbitrated only when agreed to by both the Company and the Assured. The Rules in effect at Date of Guarantee shall be binding upon the parties. The award may include attorneys' fees only if the laws of the state in which the land is located permits a court to award attorneys' fees to a prevailing party. Judgment upon the award rendered by the Arbitrator(s) may be entered in any court having jurisdiction thereof. The law of the situs of the land shall apply to an arbitration under the Title Insurance Arbitration Rules. A copy of the Rules may be obtained from the Company upon request. 13. LIABILITY LIMITED TO THIS GUARANTEE; GUARANTEE ENTIRE CONTRACT (a) This Guarantee together with all endorsements, if any, attached hereto by the Company is the entire Guarantee and contract between the Assured and the Company. In interpreting any provision of this Guarantee, this Guarantee shall be construed as a whole. (b) Any claim of loss or damage, whether or not based on negligence, or any action asserting such claim, shall be restricted to this Guarantee. (c) No amendment of or endorsement to this Guarantee can be made except by a writing endorsed hereon or attached hereto signed by either the President, a Vice President, the Secretary, an Assistant Secretary, or validating officer or authorized signatory of the Company. 14. NOTICES, WHERE SENT All notices required to be given the Company and any statement in writing required to be furnished the Company shall include the number of this Guarantee and shall be addressed to the Company at: Commonwealth Land Title Insurance Company P.O. Box 45023 Jacksonville, FL 32232-5023 Attn: Claims Administration END OF CONDITIONS AND STIPULATIONS CLTA Chain of Title (06/06/1992) Printed: 02.13.24 @ 03:01 PM Page 7 CO-CW-FFAH-01610.114124-SPS-0-24-HS0828326 Cr. e 9 p." �.O erg: tetp Ft 4; r g s. tu ova cu • w ao 1. CU .5 1; a 8 eoo* 929 • Reoorded of .......��......... o'clock Rec.ao ----1%51.137! e2— / MAR 21981 Stole of Colorado, Weld County Clerk & Recorder GENERAL CONVEYANCE, ASSIGNMENT AND TRANSFER Adolph Coors Company, a Colorado corporation (herein called "Grantor"), for and in consideration of the stock issued to Grantor by Grantee herein, does hereby sell, convey, assign, and transfer unto Coors Energy Company, a Colorado corporation (herein called "Grantee"), the following described properties, both real and personal, and all interests therein, to wit: A. All of the Grantor's interest, whether it be a fee simple title, a leasehold estate, an option, or some other form of ownership interest, in and to Sections 25, 26, 35, and 36, Township 3 North, Range 64 West of the 6th P.M., County of Weld, State of Colorado. B. Any and all licenses, easements, rights of way, or other interests in and to other real property which are appurtenant to the land described above in this instrument but which run over and across other real property situated in the County of Weld, State of Colorado. C. Any and all permits, licenses, agreements, or other rights,excluding any well permits or other water rights whatsoever, which the Grantor has acquired from the State of Colorado, the County of Weld, private individuals, corporations, partnerships, other forms o£ business, or other governmental agencies and which have been granted, assigned, or issued to the Grantor herein in conjunction with its ownership interest or its business operations conducted on and described above in this instrument. Grantee is to have and to hold the above -described property (real, personal, or otherwise), together with all the rights and appurtenances thereunto belonging, and Grantor does hereby bind itself to warrant and forever defend all and singular the above -described properties to SKLD, Inc. HT SKL18636 WE 1851137-1981.001 Grantee, its successors and assigns,_ against every person whomsoever lawfully claiming or to claim the same or any part` thereof. 1981. ADOLPH C RS;COMPANY A Colorado C4orporatioli County of Jefferson ) / The fore n `instrument was acknowle g font/_ day 0s e , 1981 b a'sc L 1 —Tice Pres ent aa""' the Moll* Coors Company, a_Co ore o corpora SKLD, Inc. HT SKL18636 WE 1851137-1981.002 PATENT NO. 7988 This patent is made this as6 day of t , 1992, by the STATE OF COLORADO, by the STATE BOARD OF LAND COMMISSIONERS (State), to COORS ENERGY COMPANY (CEC), a Colorado corporation, whose address is F.O. Box 467, Golden, Colorado 80402 WHEREAS, pursuant to a Real Estate Exchange Agreement (Agreement) dated September 16, 1993, and State approval acknowledged by Board Order No. 93-262, the parties agreed to exchange lands to enable CEC to obtain state lands it requires for continuation of its operations in Weld County; and WHEREAS, under the Agreement, the state land involved is to be conveyed by this patent to CEC; and WHEREAS, the lands to be conveyed to the State by CEC under the agreement will be of equal or greater value to the lands to be conveyed by the State under the Agreement; and WHEREAS, the Board of Land Conunissioners has determined that this action is in the best interests of the trusts it administers; THEREFORE, in consideration of the land being deeded to the State and other consideration described in the Real Estate Exchange Agreement, the STATE BOARD OF LAND COMMISSIONERS hereby grants and conveys to COORS ENERGY COMPANY, its successors and assigns forever, the following described lands in Weld County, State of Colorado, to wit: 2480989 B-1537 P-611 03/15/96 01:10P PG 1 OF 3 REC DOC Weld County CO Clerk & Reorder 16.00 PATENT 7988 1 of 3 ��I9��1■111 2)O-1 I� II TOWNSHIP THREE NORTH (T. 3 N.). RANGE SIXTY-FOUR WEST (R. 64 W.) SIXTH PRINCIPAL MERIDIAN (6th P.M.) WELD COUNTY. COLORADO All of Section Thirty Six (Sec. 36) Containing in all Six Hundred Forty (640) acres, more or less, according to U.S. government survey. RESERVING, however, to the State of Colorado all rights to any and all minerals, ores and metals of any kind and character, and all coal, asphaltum, oil, gas or other like substance in or under said land and geothermal resources, the right of ingress and egress for the purpose of mining together with enough of the surface of the same as may be necessary for the proper and convenient working of such minerals and substances. Subject to any and all easements, rights -of -way, leases and interests heretofore legally obtained and now in full force and effect, if any there be; TO HAVE AND TO HOLD the same and above specified, together with all the rights, privileges, immunities and appurtenances of whatsoever nature thereunto belonging, unto COORS ENERGY COMPANY and to its successors and assigns forever. IN WITNESS WHEREOF, I, ROY ROMER, Governor of the State of Colorado, have caused this patent to be executed and the seal of a State of Colorado to be hereunto affixed at the City and County of Denver, this day of Ocia Let. , 1993. CeoputY ✓, f.. C': ATTEST: Secre : of tate PATENT 7988 2480989 S-1537 P-611 03/15/96 01:10P PG 2 OF 3 1 �1 I STATE OF COLORADO Roy Ro:'r, Governor 2 of 3 (STATE SEAL) STATE OF COLORADO ACTING BY AND THROUGH THE STATE BOARD OF LAND COMMISSIONERS (LAND BOARD SEAL) State of Colorado City and County of Denver PgacA at,-. Lucy Black Creighton, President Robert R. Mai'ander, Register ohn S. es III, Engineer ) ss. Patent 7988 was acknowledged before me this 2 94-4 day of Oteted- 1993, by Lucy Black Creighton as President, Robert R. Mailander as Register, and John S. Wilkes III as Engineer of the COLORADO STATE BOARD OF LAND COMMISSIONERS. WI S my han - a official seal William J. K' Notary Public My Commission Expires: AUGUST 6,1995 PATENT 7988 2480989 B-1537 P-611 03/15/96 01:10P PG 3 OF 3 EMMENI lFIi 1 II I IIIIII 11111 1111111 II 1111111 IIII 11111111 III 11111 1111 1111 2849126 05/17/2001 10:02A JA Suki Tsukamoto 1 of 9 R 45.00 D 13.00 Weld County CO After recording return to: Messner & Reeves, LLC 600 17th Street, Suite 2800 -South Denver, CO 80202 Attn: Ilona L. Dotterrer, Esq. SPECIAL WARRANTY DEED Statil Documentary Fee Dada ,5--1-e/ $ 13,00 COORS ENERGY COMPANY, a Colorado corporation, whose street address is 12th and Ford Street, Golden, CO 80401, for the consideration of One Hundred Thirty Thousand Dollars (S130,000.00), in hand paid, hereby sells and conveys to WJW PROPERTIES, LLC, a Colorado limited liability company ("Grantee"), whose address is 16350 Weld County Road 76, Eaton, CO 80615, the following real property (the "Land") in the County of Weld, State of Colorado, to wit: See Exhibit A, consisting of one page, attached hereto and by this reference incorporated herein; RESERVING, HOWEVER, unto Grantor, all water, water rights, ditches, ditch rights, wells, well rights, non -tributary and not non -tributary ground water and water rights underlying the Land, together with the right to collect, use, and appropriate all such ground water within and under the Land; and the delivery to and acceptance of this Deed shall constitute the irrevocable CONSENT of Grantee as may be required from time to time by any provision of Colorado law, for the issuance to Grantor, its successors and assigns, of a permit or permits for the construction of a well or wells to take, appropriate, use, and produce said ground water and water rights herein reserved, and said CONSENT shall be binding upon Grantee's successors and assigns, and shall constitute a covenant running with the Land to the fullest extent permitted by law or equity for the use and benefit of all other lands of Grantor, and Grantor's successors and assigns, in Section 36, T.3N, R. 6 4W, 6th P.M., Weld County, Colorado; provided, however, that nothing herein shall be construed as reserving unto Grantor (1) any right to locate wells, pipelines, storage tanks, or other facilities on the Land, (2) any easement on, over, or under the Land for the purpose of transporting or storing such reserved water, or (3) any right to disturb the surface of the Land or any improvements thereon; and FURTHER RESERVING unto Grantor the Road Easement described in Exhibit B, consisting of one page attached hereto and by this reference incorporated herein; and RESTRICTING Grantee's use of portions of the Land as described in Exhibit C, consisting of two pages, attached hereto by this reference incorporated herein. Grantor will warrant and defend title to Grantee and its assigns against all persons claiming by, through or under the Grantor, subject only to taxes for the year 2000, and any liens for taxes in years subsequent not yet due or payable, and those matters set forth on Exhibit D consisting of two pages, attached hereto and incorporated herein by this reference. -vc-7-roc, o 2 . I 1111111111111111111111111111111111111111IIIIIIIIIIIIIIII 2849126 05/17/2001 10:02A JA Sold Tsukamoto 2 of 9 R 45.00 D 13.00 Weld County CO Signed this 1st day of May, 2001. COORS ENERGY COMPANY a Colorado corporation B STATE OF COLORADO ) ) ss. COUNTY OF JEFFERSON ) hn Schallenkamp, Presid t The foregoing instrument was acknowledged before me this lid" ^ day of May, 2001, by John Schallenkamp, as President of Coors Energy Company, a Colorado corporation. Witness my hand and official seal. My commission expires: l 1 6 a ,e"r oLA;Mi:3:31uN EXPIRES 11/16/2002 Public 11111111111111111111 1111111 111111111111111111111111111 2849126 06/17/2001 10:02A JA Suki Tsukamoto 3 of 9 R 45.00 D 13.00 Weld County CO EXHIBIT "A" LEGAL DESCRIPTION Our Order No. FC200072.1 THE SOUTH 1/2; THE SW 1/4 OF THE NW 1/4; THE S 1/2 OF THE SE 1/4 OF THE NW 1/4; THE S 1/2 OF THE SW 1/4 OF THE NE 1/4; AND THE S 1/2 OF THE SE 1/4 OF THE NE 1/4; AND THE N 1/2 OF THE SE 1/4 OF THE NE 114, EXCEPT THE WEST 100 FEET; ALL IN SECTION 36, TOWNSHIP 3 NORTH, RANGE 64 WEST OF THE 6TH P.M., WELD COUNTY, COLORADO. 111111 IIIII 1111111 II 1111111 IIII IIIIIYIII IIIII IIII IIII 2649126 05/17/2001 10:02A JA Sukl Tsukamoto 4 of 9 R 45.00 D 13.00 Weld County CO EXHIBIT B ROAD EASEMENT RESERVED UNTO GRANTOR Grantor hereby reserves unto itself and its assigns a perpetual non-exclusive Easement as described below, over, under and across an existing roadway for purposes of ingress, egress and access by vehicular traffic over the Land. The benefits and burdens of this Easement shall run with the Land and be binding upon and inure to the benefit of Grantor's and Grantee's successors and assigns. A tract of land sixty (60) feet wide in Section 36, Township 3 North, Range 64, West of the 6'h P.M., Weld County, Colorado, the centerline of said 60 foot wide tract of land is described as follows: From the Southwest corner of said Section 36; thence N 00°00'00" E 233.15 feet to the Point of Beginning; thence N 16°53'10" S 82.27 feet; thence N 25°30'40" E 132.21 feet; thence N 33°49'38" E 97.93 feet; thence N 42°07'01" E 151.44 feet; thence N 53°25'22" E 168.18 feet; thence N 64°40'51" E 150.37 feet; thence N 73°54'40" E 113.94 feet; thence N 77°48'53" E 2101.10 feet; thence N 77°44'39" E 1910.71 feet; thence N 73°17'37" E 15790 feet; thence N 62°21'36" E 152.17 feet; thence N 49°41'34" E 211.86 feet; thence N 37°16'46" E 146.55 feet thence N 26°39'55" E 154.00 feet; thence N 16°39'16" E 142.64 feet; thence N 07°04'09" E 118.73 feet; thence N 00°09'51" E 2451.19 feet; thence N 03°58'01" W 239,28 feet; thence N 07°32'32" W 142.73 feet; thence N 10°18'26" W 77.50 feet to the Point of Terminus, said point being on the North line of said Section 36, from whence the Northeast corner of said Section 36 bears N 89°15'28" E 110.69 feet. Said tract contains 12.584 Acres, more or less. The basis of bearings for this Road Easement description is the South line of the NE 1/4 Section 36, Township 3 North, Range 64 West, said line bears N 89°21'04" E. 411111111111111111111111111111111111111 III VIII 11111111 2849126 05/17/2001 10:02A JA Sukl Tsukamoto 5 of 9 R 45.00 0 13.00 Weld County CO EXHIBIT C RESTRICTIONS ON USE OF PROPERTY I. Restriction on Use of Parcels Under Permit. Grantee, for itself, its successors and assigns, acknowledges and agrees that the three parcels described below which are located on the Land conveyed by this Special Warranty Deed, are subject to certain reclamation conditions required by a permit issued to Grantor by the State of Colorado Division of Minerals and Geology (the "State"). Grantee, for itself, its successors and assigns, hereby agrees that it will not use for any purpose or disturb in any manner, including but not limited to, any disturbance to the surface and subsurface the three parcels until Grantor notifies Grantee in writing that the State has released the reclamation conditions, or for ten years from the date of recording of this Special Warranty Deed, whichever is earlier. The restriction in this Part I shall run with the land. Parcel 1 Baseline Vegetation Plot, labeled on drawing as Small Area Exemption (SAE) #2A. (SEE DRAWING, Appendix A, PERMIT AREA MAP) From the southeast corner of Section 36, thence N. 68° 58' 38" W, 3186.54 feet to point of beginning, being a point on the northerly line of a 60 -foot roadway easement; thence N 19° 26' 47" W, 490.76 feet; thence S 77° 42' 52" W, 300.11 feet; thence S 19° 18' 25" E, 490.08 feet; thence N 77° 48' 53" E, 301.38 feet to the point of beginning, containing 3.35 acres, more or less. Parcel 2 Parcel 3 Baseline Vegetation Plot, labeled on drawing as Small Area Exemption (SAE) #2. (SEE DRAWING, Appendix A, 60' ACCESS ROAD EASEMENT, SHEET 5 of 5) From the SE corner of Section 36; thence N. 58° 05' 54" W, 2434.10 feet to the point of beginning, being a point on the southerly line of a 60 -foot roadway easement, thence N 77° 44' 39" E, along said line, 512.03 feet; thence S 00° 10' 57" E, 338.86 feet; thence S 89° 44' 56" W, 500.28 feet, thence N 00° 17' 12" W, 232.36 feet to the point of beginning, containing 3.282 acres, more or less. Topsand Pile #1, labeled on drawings as Small Area Exemption (SAE) #1. (SEE DRAWING, Appendix A, 60' ACCESS ROAD EASEMENT, SHEET 5 of 5) From the southeast corner of Section 36, thence N 13° 18' 54" W, 1822.48 feet to the point of beginning, being a point on the northwesterly line of a sixty -foot roadway easement; thence N 35° 14' 39" W, 95.11 feet; thence N 28° 57' 12" E, 601.45 feet; thence S 87° 22' 14" E, 97.65 feet to a point on the westerly line of said roadway easement; thence 111111111111 111111 11111111111 1111111111111 2$49126 05/17/2001 10:02A JA Sukl Isukamoto 6 of 9 R 45.00 D 13.00 Weld County CO southwesterly along said line the following five courses and distances: 1) S 07° 04' 09" W, 113.06 feet, 2) S 16° 39' 16" W, 137.50 feet, 3) S 26° 39' 55" W, 148.59 feet, 4) S 37° 16' 46" W, 140.50 feet; 5) S 49° 41' 34" W, 171.40 feet to the point of beginning, containing 2.115 acres, more or less. II. Restriction on Residential Development. Grantee, for itself, its successors and assigns, hereby agrees that the following described portion of the Land conveyed by this Special Warranty Deed shall not be used for any type of residential development, including but not limited to, any single family or multifamily structures, apartments, condominiums, or any type of improvement or structure used for residential purposes, however configured or zoned, for a period of ten years from the date of recording this Special Warranty Deed: The Southwest Quarter of the Northwest Quarter; the South Half of the Southeast Quarter of the Northwest Quarter; the South Half of the Southwest Quarter of the Northeast Quarter; and the Southeast Quarter of the Northeast Quarter; the South Half of the Southeast Quarter of the Northeast Quarter, and the North Half of the Southeast Quarter of the Northeast Quarter, EXCEPT the West 100 feet of said Half Quarter Quarter; All in Section 36, Township 3 North, Range 64 West of the 6`h P.M., County of Weld, State of Colorado. I 111111 11111 1111111 II 1111111 IIII 1111111 III nisi inuni 2849126 05/17/2001 10:02A JA Su ki Tsukamoto 7 of 9 R 46.00 0 13.00 Weld County CO EXHIBIT D PERMITTED EXCEPTIONS I. Taxes not yet due and payable. 2. The following exceptions set forth on the Title Commitment: 2.1. Rights of claims of parties in possession not shown by the public records. 2.2. Easements, or claims of easements, not shown by the public records. 2.3. Discrepancies, conflicts in boundary lines, shortage in area, encroachments, and any facts which a correct survey and inspection of the premises would disclose and which are not shown by the public records. 2.4. Any lien, or right to a lien, for services, labor or material theretofore or hereafter furnished, imposed by law and not shown by the public records. 2.5. Defects, liens, encumbrances, adverse claims or other matters, if any, created, first appearing in the public records or attaching subsequent to the effective date hereof but prior to the date the proposed insured acquires of record for value the estate or interest or mortgage thereon covered by this Commitment. 2.6. Taxes and assessments not yet due or payable and special assessments not yet certified to the Treasurer's office. 2.7. Any unpaid taxes or assessments against said land. 2.8. Liens for unpaid water and sewer charges, if any. 2.9. Any claim, which arises out of the transaction creating the interest of the mortgagee insured by this policy, by reason of the operation of federal bankruptcy, state insolvency, or similar creditor's rights laws. 2.10. RIGHT OF WAY EASEMENT AS GRANTED TO WELD COUNTY IN INSTRUMENT RECORDED MARCH 17, 1909, IN BOOK 296 AT PAGE 149. 2.11. RIGHT OF WAY EASEMENT AS GRANTED TO CONTINENTAL OIL COMPANY IN INSTRUMENT RECORDED SEPTEMBER 28, 1931, IN BOOK 920 AT PAGE 627. 2.12. OIL AND GAS LEASE RECORDED JUNE 30, 1969 UNDER RECEPTION NO. 1526807 IN BOOK 605 AND ANY AND ALL ASSIGNMENTS THEREOF, OR INTEREST THEREIN. 11111111131111111111311411111111111111111141114111 8 of 9 R 46 00 D 13 00 0 02A JA Suki Weld County CO amato 2.13. OIL AND GAS LEASE RECORDED APRIL 12, 1972 UNDER RECEPTION NO. 1587454 IN BOOK 665 AND ANY AND ALL ASSIGNMENTS THEREOF, OR INTEREST THEREIN. 2.14. TERMS, CONDITIONS AND PROVISIONS OF AFFIDAVIT OF PRODUCTION RECORDED JULY 10, 1978 AT RECEPTION NO. 1759559 IN BOOK 838. 2.15. RIGHT OF WAY EASEMENT AS GRANTED TO INDUSTRIAL GAS SERVICES INC. IN INSTRUMENT RECORDED OCTOBER 09, 1973, UNDER RECEPTION NO. 1622696 IN BOOK 701. 2.16. TERMS, CONDITIONS AND PROVISIONS OF MEMORANDUM OF CONTRACT RECORDED OCTOBER 04, 1974 AT RECEPTION NO. 1646043 IN BOOK 724. 2.17. RIGHT OF WAY EASEMENT AS GRANTED TO INDUSTRIAL GAS SERVICES INC. IN INSTRUMENT RECORDED NOVEMBER 26, 1974, UNDER RECEPTION NO. 1649235 IN BOOK 727 AND AMENDED AUGUST 28, 1975 AT RECEPTION NO. 1668412 IN BOOK 746. 2.18. TERMS, CONDITIONS AND PROVISIONS OF KEENESBURG MINE SITE MAP RECORDED JULY 02, 1980 AT RECEPTION NO. 1829039 IN BOOK 907. 2.19. TERMS, CONDITIONS AND PROVISIONS OF DEVELOPMENT PLAN MAP RECORDED FEBRUARY 10, 1981 AT RECEPTION NO. 1849391 IN BOOK 927. 2.20. RIGHT OF WAY EASEMENT AS GRANTED TO PUBLIC SERVICE COMPANY OF COLORADO IN INSTRUMENT RECORDED SEPTEMBER 10, 1981, UNDER RECEPTION NO. 1868639 IN BOOK 947. 2.21. TERMS, CONDITIONS AND PROVISIONS OF RESOLUTION RECORDED APRIL 15, 1993 AT RECEPTION NO. 2329218 IN BOOK 1379. 2.22. RIGHT OF WAY EASEMENT AS GRANTED TO GUTTERSEN & COMPANY IN INSTRUMENT RECORDED JANUARY 05, 1994, UNDER RECEPTION NO. 2367677 IN BOOK 1421. 2.23. ALL OIL, GAS, MINERALS AND OTHER MINERAL AND MINING RIGHTS AS RESERVED IN INSTRUMENT RECORDED MARCH 15, 1996, UNDER RECEPTION NO. 2480989 IN BOOK 1537. 2.24. TERMS, CONDITIONS AND PROVISIONS OF SPECIAL REVIEW PERMIT RECORDED FEBRUARY 19, 1998 AT RECEPTION NO. 2594953. 111111111111111111111111111111111111111 III 1111111111111 2849126 05/17/2001 10:02A JA Suki Tsukamoto 9 of 9 R 45.00 D 13.00 Weld County CO 2.25. ANY LOSS OR CLAIM DUE TO FENCE LINES VARY FROM PROPERTY LINES ALONG THE WEST AND SOUTH LINES AS SET FORTH ON SURVEY NO. 8548-01-0001 DATED JANUARY 10, 2000, BY LAND SURVEYORS OF COLORADO. PATENT NO. 7988 (Iv '( 0, ti' � r� .:. .. , �r _` t ,>,, , N f ► � `` a • This patent is made this as6 day of t , 1992, by the STATE OF COLORADO, by the STATE BOARD OF LAND COMMISSIONERS (State), to COORS ENERGY COMPANY (CEC), a Colorado corporation, whose address is F.O. Box 467, Golden, Colorado 80402 WHEREAS, pursuant to a Real Estate Exchange Agreement (Agreement) dated September 16, 1993, and State approval acknowledged by Board Order No. 93-262, the parties agreed to exchange lands to enable CEC to obtain state lands it requires for continuation of its operations in Weld County; and WHEREAS, under the Agreement, the state land involved is to be conveyed by this patent to CEC; and WHEREAS, the lands to be conveyed to the State by CEC under the agreement will be of equal or greater value to the lands to be conveyed by the State under the Agreement; and WHEREAS, the Board of Land Conunissioners has determined that this action is in the best interests of the trusts it administers; THEREFORE, in consideration of the land being deeded to the State and other consideration described in the Real Estate Exchange Agreement, the STATE BOARD OF LAND COMMISSIONERS hereby grants and conveys to COORS ENERGY COMPANY, its successors and assigns forever, the following described lands in Weld County, State of Colorado, to wit: 2480989 B-1537 P-611 03/15/96 01:10P PG 1 OF 3 REC DOC Weld County CO Clerk & Reorder 16.00 PATENT 7988 1 of 3 ��IO��I■111 I� 11 II TOWNSHIP THREE NORTH (T. 3 N.). RANGE SIXTY-FOUR WEST (R. 64 W.) SIXTH PRINCIPAL MERIDIAN (6th P.M.) WELD COUNTY. COLORADO All of Section Thirty Six (Sec. 36) Containing in all Six Hundred Forty (640) acres, more or less, according to U.S. government survey. RESERVING, however, to the State of Colorado all rights to any and all minerals, ores and metals of any kind and character, and all coal, asphaltum, oil, gas or other like substance in or under said land and geothermal resources, the right of ingress and egress for the purpose of mining together with enough of the surface of the same as may be necessary for the proper and convenient working of such minerals and substances. Subject to any and all easements, rights -of -way, leases and interests heretofore legally obtained and now in full force and effect, if any there be; TO HAVE AND TO HOLD the same and above specified, together with all the rights, privileges, immunities and appurtenances of whatsoever nature thereunto belonging, unto COORS ENERGY COMPANY and to its successors and assigns forever. IN WITNESS WHEREOF, I, ROY ROMER, Governor of the State of Colorado, have caused this patent to be executed and the seal of a State of Colorado to be hereunto affixed at the City and County of Denver, this day of Ocia Let. , 1993. CeoputY ATTEST: Secre : of tate A^r STATE OF COLORADO Roy Ro:'r, Governor (STATE SEAL) 2480989 S-1537 P-611 03/15/96 01:10P PG 2 OF 3 PATENT 7988 1 2 of 3 11111 STATE OF COLORADO ACTING BY AND THROUGH THE STATE BOARD OF LAND COMMISSIONERS (LAND BOARD SEAL) State of Colorado City and County of Denver PgacA at,-. Lucy Black Creighton, President Robert R. Mailander, Register ohn S. es III, Engineer ) ss. Patent 7988 was acknowledged before me this 2 94-4 day of Oteted- 1993, by Lucy Black Creighton as President, Robert R. Mailander as Register, and John S. Wilkes III as Engineer of the COLORADO STATE BOARD OF LAND COMMISSIONERS. WI S my han - a official seal William J. K' Notary Public My Commission Expires: AUGUST 6,1995 PATENT 7988 2480989 B-1537 P-611 03/15/96 01:10P PG 3 OF 3 lFIi 1 Hello