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HomeMy WebLinkAbout20231947.tiffFirst Aerican First American Title Insurance Company 200 East 7th Street, Suite 120 Loveland, CO 80537 (970)278-3109 File #: 13833-3848673 Date: January 04, 2023 Property Address: 13678 County Road 36 Platteville, CO 80651 We appreciate the opportunity to be of service to you. To avoid delays in your closing, all funds needed at your closing should be wired/Please contact your Escrow Officer below to obtain and verify wiring instructions. Please note, if First American Title receives a third party deposit, additional document(s) are required. Please contact your Escrow Team for more information. Escrow Officer: Debra Flores (970)278-3109 / x_dflores@firstam.com 200 East 7th Street, Suite 120 Loveland, CO 80537 Escrow Assistant: Jennafer Dingman (970)278-3100 / Xjdingman@firstam.com The following parties have received a copy of this Commitment: Buyer(s): TBD Delivered Electronically Seller(s): 2936 LLC Delivered Electronically Listing Agent: Premier Lifestyle Realty / Rose Netto Delivered Electronically Lender: Lender To Be Determined / Delivered Electronically Thank you for choosing First American Title. We look forward to assisting you. If you should have any questions, please do not hesitate to contact us. rst Amric pr Commitment ALTA Commitment for Title Insurance ISSUED BY First American Title Insurance Company File No: 13833-3848673 COMMITMENT FOR TITLE INSURANCE Issued By FIRST AMERICAN TITLE INSURANCE COMPANY NOTICE IMPORTANT -READ CAREFULLY: THIS COMMITMENT IS AN OFFER TO ISSUE ONE OR MORE TITLE INSURANCE POLICIES. ALL CLAIMS OR REMEDIES SOUGHT AGAINST THE COMPANY INVOLVING THE CONTENT OF THIS COMMITMENT OR THE POLICY MUST BE BASED SOLELY IN CONTRACT. THIS COMMITMENT IS NOT AN ABSTRACT OF TITLE, REPORT OF THE CONDITION OF TITLE, LEGAL OPINION, OPINION OF TITLE, OR OTHER REPRESENTATION OF THE STATUS OF TITLE. THE PROCEDURES USED BY THE COMPANY TO DETERMINE INSURABILITY OF THE TITLE, INCLUDING ANY SEARCH AND EXAMINATION, ARE PROPRIETARY TO THE COMPANY, WERE PERFORMED SOLELY FOR THE BENEFIT OF THE COMPANY, AND CREATE NO EXTRACONTRACTUAL LIABILITY TO ANY PERSON, INCLUDING A PROPOSED INSURED. THE COMPANY'S OBLIGATION UNDER THIS COMMITMENT IS TO ISSUE A POLICY TO A PROPOSED INSURED IDENTIFIED IN SCHEDULE A IN ACCORDANCE WITH THE TERMS AND PROVISIONS OF THIS COMMITMENT. THE COMPANY HAS NO LIABILITY OR OBLIGATION INVOLVING THE CONTENT OF THIS COMMITMENT TO ANY OTHER PERSON. COMMITMENT TO ISSUE POLICY Subject to the Notice; Schedule B, Part I -Requirements; Schedule B, Part II -Exceptions; and the Commitment Conditions, First American Title Insurance Company, a Nebraska Corporation (the "Company"), commits to issue the Policy according to the terms and provisions of this Commitment. This Commitment is effective as of the Commitment Date shown in Schedule A for each Policy described in Schedule A, only when the Company has entered in Schedule A both the specified dollar amount as the Proposed Policy Amount and the name of the Proposed Insured. If all of the Schedule B, Part I -Requirements have not been met within six months after the Commitment Date, this Commitment terminates and the Company's liability and obligation end. FIRST AMERICAN TITLE INSURANCE COMPANY By: L;((pr,„?,,g, Kenneth D. DeGiorgio, President By: Lisa W. Corneh I, Secretary If this jacket was created electronically, it constitutes an original document. This page is only a part of a 2016ALTA( Commitment for Title Insurance issued by First American Tide Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I -Requirements; Schedule B, Part H -Exceptions. Copyright 2006-2016 American Land Title Assodation. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. r0.m 50004008 (8-23-18) Page 1 of 14 ALTA Commitment for Title Insurance (8-1-16) Colorado COMMITMENT CONDITIONS 1. DEFINITIONS (a) "Knowledge" or "Known": Actual or imputed knowledge, but not constructive notice imparted by the Public Records. (b) "Land": The land described in Schedule A and affixed improvements that by law constitute real property. The term "Land" does not include any property beyond the lines of the area described in Schedule A, nor any right, title, interest, estate, or easement in abutting streets, roads, avenues, alleys, lanes, ways, or waterways, but this does not modify or limit the extent that a right of access to and from the Land is to be insured by the Policy. (c) "Mortgage": A mortgage, deed of trust, or other security instrument, including one evidenced by electronic means authorized by law. (d) "Policy": Each contract of title insurance, in a form adopted by the American Land Title Association, issued or to be issued by the Company pursuant to this Commitment. (e) "Proposed Insured": Each person identified in Schedule A as the Proposed Insured of each Policy to be issued pursuant to this Commitment. (f) "Proposed Policy Amount": Each dollar amount specified in Schedule A as the Proposed Policy Amount of each Policy to be issued pursuant to this Commitment. (g) "Public Records": Records established under state statutes at the Commitment Date for the purpose of imparting constructive notice of matters relating to real property to purchasers for value and without Knowledge. (h) "Title": The estate or interest described in Schedule A. 2. If all of the Schedule B, Part I —Requirements have not been met within the time period specified in the Commitment to Issue Policy, this Commitment terminates and the Company's liability and obligation end. 3. The Company's liability and obligation is limited by and this Commitment is not valid without: (a) the Notice; (b) the Commitment to Issue Policy; (c) the Commitment Conditions; (d) Schedule A; (e) Schedule B, Part I —Requirements; and (f) Schedule B, Part II —Exceptions. 4. COMPANY'S RIGHT TO AMEND The Company may amend this Commitment at any time. If the Company amends this Commitment to add a defect, lien, encumbrance, adverse claim, or other matter recorded in the Public Records prior to the Commitment Date, any liability of the Company is limited by Commitment Condition 5. The Company shall not be liable for any other amendment to this Commitment. 5. LIMITATIONS OF LIABILITY (a) The Company's liability under Commitment Condition 4 is limited to the Proposed Insured's actual expense incurred in the interval between the Company's delivery to the Proposed Insured of the Commitment and the delivery of the amended Commitment, resulting from the Proposed Insured's good faith reliance to: (i) comply with the Schedule B, Part I —Requirements; (ii) eliminate, with the Company's written consent, any Schedule B, Part II —Exceptions; or (iii) acquire the Title or create the Mortgage covered by this Commitment. (b) The Company shall not be liable under Commitment Condition 5(a) if the Proposed Insured requested the amendment or had Knowledge of the matter and did not notify the Company about it in writing. (c) The Company will only have liability under Commitment Condition 4 if the Proposed Insured would not have incurred the expense had the Commitment included the added matter when the Commitment was first delivered to the Proposed Insured. (d) The Company's liability shall not exceed the lesser of the Proposed Insured's actual expense incurred in good faith and described in Commitment Conditions 5(a)(i) through 5(a)(iii) or the Proposed Policy Amount. (e) The Company shall not be liable for the content of the Transaction Identification Data, if any. (f) In no event shall the Company be obligated to issue the Policy referred to in this Commitment unless all of the Schedule B, Part I —Requirements have been met to the satisfaction of the Company. (g) In any event, the Company's liability is limited by the terms and provisions of the Policy. This page is only a part of a 2016 ALTA® Commitment for Title Insurance issued by FirstAmerican Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I Requirements; Schedule B, Part H -Exceptions. Copyright 2006-2016 American Land Title Association. Ali rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. r0rm 50004008 (8-23-18) Page 2 of 14 ALTA Commitment for Title Insurance (8-1-16) Colorado 6. LIABILITY OF THE COMPANY MUST BE BASED ON THIS COMMITMENT (a) Only a Proposed Insured identified in Schedule A, and no other person, may make a claim under this Commitment. (b) Any claim must be based in contract and must be restricted solely to the terms and provisions of this Commitment. (c) Until the Policy is issued, this Commitment, as last revised, is the exclusive and entire agreement between the parties with respect to the subject matter of this Commitment and supersedes all prior commitment negotiations, representations, and proposals of any kind, whether written or oral, express or implied, relating to the subject matter of this Commitment. (d) The deletion or modification of any Schedule B, Part II —Exception does not constitute an agreement or obligation to provide coverage beyond the terms and provisions of this Commitment or the Policy. (e) Any amendment or endorsement to this Commitment must be in writing and authenticated by a person authorized by the Company. (f) When the Policy is issued, all liability and obligation under this Commitment will end and the Company's only liability will be under the Policy. 7. IF THIS COMMITMENT HAS BEEN ISSUED BY AN ISSUING AGENT The issuing agent is the Company's agent only for the limited purpose of issuing title insurance commitments and policies. The issuing agent is not the Company's agent for the purpose of providing closing or settlement services. 8. PRO -FORMA POLICY The Company may provide, at the request of a Proposed Insured, a pro -forma policy illustrating the coverage that the Company may provide. A pro -forma policy neither reflects the status of Title at the time that the pro -forma policy is delivered to a Proposed Insured, nor is it a commitment to insure. 9. ARBITRATION The Policy contains an arbitration clause. All arbitrable matters when the Proposed Policy Amount is $2,000,000 or less shall be arbitrated at the option of either the Company or the Proposed Insured as the exclusive remedy of the parties. A Proposed Insured may review a copy of the arbitration rules at htta://www.alta.ora/arbitration. This page is only a part of a 2016ALTA& Commitment for Title Insurance issued by First American Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I -Requirements; Schedule B, Part II -Exceptions. Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. Form 50004008 (8-23-18) rage 3 of 14 ALTA Commitment for Title Insurance (8-1-16) Colorado DISCLOSURE STATEMENT Pursuant to C.R.S. 30-10-406(3)(a) all documents received for recording or filing in the Clerk and Recorder's office shall contain a top margin of at least one inch and a left, right and bottom margin of at least one-half of an inch. The Clerk and Recorder will refuse to record or file any document that does not conform to the requirements of this section. NOTE: If this transaction includes a sale of the property and the price exceeds $100,000.00, the seller must comply with the disclosure/withholding provisions of C.R.S. 39-22-604.5 (Nonresident withholding). NOTE: Colorado Division of Insurance Regulations 8-1-2 requires that "Every title insurance company shall be responsible to the proposed insured(s) subject to the terms and conditions of the title commitment, other than the effective date of the title commitment, for all matters which appear of record prior to the time of recording whenever the title insurance company, or its agent, conducts the closing and settlement service that is in conjunction with its issuance of an owner's policy of title insurance and is responsible for the recording and filing of legal documents resulting from the transaction which was closed. Pursuant to C.R.S. 10-11-122, the company will not issue its owner's policy or owner's policies of title insurance contemplated by this commitment until it has been provided a Certificate of Taxes due or other equivalent documentation from the County Treasurer or the County Treasurer's authorized agent; or until the Proposed Insured has notified or instructed the company in writing to the contrary. The subject property 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. 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. C.R.S. 10-11-122 (4), Colorado Notaries may remotely notarize real estate deeds and other documents using real-time audio -video communication technology. You may choose not to use remote notarization for any document. NOTE: Pursuant to CRS 10-11-123, notice is hereby given: This notice applies to owner's policy commitments containing a mineral severance instrument exception, or exceptions, in Schedule B, Section 2. A. That there is recorded evidence that a mineral estate has been severed, leased, or otherwise conveyed from the surface estate and that there is a substantial likelihood that a third party holds some or all interest in oil, gas, other minerals, or geothermal energy in the property; and B. That such mineral estate may include the right to enter and use the property without the surface owner's permission. NOTE: Pursuant to Colorado Division of Insurance Regulations 8-1-1, Affirmative mechanic's lien protection for the Owner may be available (typically by deletion of Exception no. 4 of Schedule B, Section 2 of the Commitment from the Owner's Policy to be issued) upon compliance with the following conditions: A. The land described in Schedule A of this commitment must be a single family residence which includes a condominium or townhouse unit. B. No labor or materials have been furnished by mechanics or material -men for purposes of construction on the land described in Schedule A of this Commitment within the past 6 months. This page is only a part of a 2016 ALTA® Commitment for Tide Insurance issued by FrrstAmerican Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I -Requirements; Schedule B, Part II -Exceptions. Copyright 2006-2016 American Land Title Assodatlon. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. Form 50004008 (8-23-18) Page 4 of 14 ALTA Commitment for Title Insurance (8-1-16)1 Colorado C. The Company must receive an appropriate affidavit indemnifying the Company against un-filed mechanic's and material -men's liens. D. The Company must receive payment of the appropriate premium. E. If there has been construction, improvements or major repairs undertaken on the property to be purchased within six months prior to the Date of the Commitment, the requirements to obtain coverage for unrecorded liens will include: disclosure of certain construction information; financial information as to the seller, the builder and or the contractor; payment of the appropriate premium, fully executed Indemnity Agreements satisfactory to the company, and, any additional requirements as may be necessary after an examination of the aforesaid information by the Company. No coverage will be given under any circumstances for labor or material for which the insured has contracted for or agreed to pay. NOTE: Pursuant to C.R.S. 38-35-125(2) no person or entity that provides closing and settlement services for a real estate transaction shall disburse funds as a part of such services until those funds have been received and are available for immediate withdrawal as a matter of right. NOTE: C.R.S. 39-14-102 requires that a real property transfer declaration accompany any conveyance document presented for recordation in the State of Colorado. Said declaration shall be completed and signed by either the grantor or grantee. NOTE: Pursuant to CRS 10-1-1.28(6)(a), 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. Nothing herein contained will be deemed to obligate the company to provide any of the coverages referred to herein unless the above conditions are fully satisfied. This page is only a part of a 2016ALTA@ Commitment for Title Insurance issued by First American Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I -Requirements; Schedule B, Part II -Exceptions Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. Form 50004008 (8-23-18) rage 5 of 14 ALTA Commitment for Title Insurance (8-1-16) Colorado o adl��rP First American Schedule A ALTA Commitment for Title Insurance ISSUED BY First American Title Insurance Company File No: 13833-3848673 Transaction Identification Data for reference only: Issuing Agent: First American Title Insurance Company Issuing Office: 200 East 7th Street, Suite 120 Loveland, CO 80537 Commitment No.: 13833-3848673 Phone: (970)278-3109 Property Address: 13678 County Road 36, Platteville, CO 80651 Email: x_dflores@firstam.com Revision No.: Inquiries Should Be Directed To: Debra Flores or Jennafer Dingman Issuing Office File No.: 1: Schedule A: Updated effective date and fees SCHEDULE A 1. Commitment Date: December 28, 2022 8:00 AM 2. Policies to be issued: (a) El ALTA® Owner's Policy (6-17-06) Proposed Insured:TBD Proposed Policy Amount: $0.00 (b) ❑ ALTA® Loan Policy (6-17-06) Proposed Insured: Lender To Be Determined, its successors and/or assigns as their interests may appear Proposed Policy Amount: $1,000.00 3. The estate or interest in the Land described or referred to in this Commitment is Fee Simple interest 4. The Title is, at the Commitment Date, vested in: 2936 LLC, A Colorado Limited Liability Company (see requirements) 5. The Land is described as follows: See Exhibit "A" attached hereto and made a part hereof Premiums: Owner's Policy: $ 150.00 (TBD Fee) Lender's Policy: $ Tax Certificate Fee: $ Endorsement(s): $ This page is only a part of a 2015ALTAG) Commitment for Title Insurance issued by first American Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I -Requirements; Schedule B, Part H -Exceptions. Copyright 2006-2016 American Land Title Assodatlon. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. IForm 50004008 (8-23-18) ALTA Commitment for Title Insurance (8-1-16 Colorado Page 6 of 14 The following endorsements/coverages and a tax certificate are included in the Lender's Bundled Rate, if applicable: Deletion of Standard Exceptions 1-4 Endorsement Form ALTA 9 or 9.3/Form 100 Restrictions Endorsement Form ALTA 8.1 Environmental Protection Lien Endorsement Form ALTA 4.1/Form 115.1 Condominium or ALTA 5.1/115.2 Planned Unit Development Endorsement Form ALTA 22/Form 116 Location Endorsement Form 100.29 or Form 100.30 Mineral Rights Add any "one" of the following optional endorsements: Endorsement Form ALTA 6/Form 110.7 Variable Endorsement Form 110.9 Variable Endorsement Form ALTA 6.2/Form 110.8 Negative Amortizations This page is only a part of a 2016 ALTA( Commitment for Title Insurance issued by First American Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I -Requirements; Schedule B, Part II -Exceptions. Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. Form 50004008 (8-23-18) Page 7 of 14 ALTA Commitment for Title Insurance (8-1-16) Colorado First American Schedule BI & BII ALTA Commitment for Title Insurance ISSUED BY First American Title Insurance Company File No: 13833-3848673 Commitment No.: 13833-3848673 SCHEDULE B, PART I Requirements All of the following Requirements must be met: 1. The Proposed Insured must notify the Company in writing of the name of any party not referred to in this Commitment who will obtain an interest in the Land or who will make a loan on the Land. The Company may then make additional Requirements or Exceptions. 2. Pay the agreed amount for the estate or interest to be insured. 3. Pay the premiums, fees, and charges for the Policy to the Company. 4. Documents satisfactory to the Company that convey the Title or create the Mortgage to be insured, or both, must be properly authorized, executed, delivered, and recorded in the Public Records. 5. Payment of all taxes and assessments now due and payable as shown on a certificate of taxes due from the County Treasurer or the County Treasurer's Authorized Agent. 6. Evidence that all assessments for common expenses, if any, have been paid. 7. Final Affidavit and Agreement executed by Owners and/or Purchasers must be provided to the Company. NOTE: Statement of Authority recorded October 15, 2021 at Reception No. 4766331, discloses that Ed Printz or Paul Eisenach is/are authorized to execute instruments conveying, encumbering or otherwise affecting title to real property on behalf of 2936 LLC, a Colorado limited liability company. 8. Warranty Deed sufficient to convey the fee simple estate or interest in the land described or referred to herein, to the Proposed Insured, Schedule A, Item 2A. 9. Deed of Trust sufficient to mortgage the fee simple estate or interest in the land described or referred to herein, to the Proposed Insured, Schedule A, Item 2B. 10. We find no outstanding voluntary liens of record affecting subject property. Disclosure should be made concerning the existence of any unrecorded lien or other indebtedness which could give rise to any possible security interest in the subject property. 11. Deed from Matthew Eisnach to 2936 LLC, a Colorado limited liability company. This page is only a part of a 2016 ALTA@ Commitment for Title Insurance issued by First American Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I -Requirements; Schedule B, Part II -Exceptions Copyright 2006-2016 American Land Title Assodation. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. Form 50004008 (8-23-18) rage 8 of 14 ALTA Commitment for Title Insurance (8-1-16) Colorado' NOTE: This requirement is necessary to extinguish the interest of Matthew Eisnach, if any, acquired under the Personal Representative's Deed of Distribution recorded October 04, 2021, at Reception No. 4762836. NOTE: The following conveyance(s) have been recorded within the last 24 months: Personal Representative's Deed of Distribution recorded October 04, 2021 at Reception No. 4762836 NOTE: This Commitment is subject to such further Exceptions and Requirements as may appear necessary when the instruments called for above have been recorded and the name of the Grantee has been disclosed. This page is only a part ofa 2016 ALTA® Commitment for Titre Insurance rssued by First American Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I -Requirements; Schedule B, Part H -Exceptions. Copyright 2006-2016 American Land Title Assodation. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. Form 50004008 (8-23-18) Page 9 of 14 ALTA Commitment for Title Insurance (8-1-16) Colorado First American Schedule BI & BII (Cont.) ALTA Commitment for Title Insurance ISSUED BY First American Title Insurance Company File No: 13833-3848673 Commitment No.: 13833-3848673 SCHEDULE B, PART II Exceptions THIS COMMITMENT DOES NOT REPUBLISH ANY COVENANT, CONDITION, RESTRICTION, OR LIMITATION CONTAINED IN ANY DOCUMENT REFERRED TO IN THIS COMMITMENT TO THE EXTENT THAT THE SPECIFIC COVENANT, CONDITION, RESTRICTION, OR LIMITATION VIOLATES STATE OR FEDERAL LAW BASED ON RACE, COLOR, RELIGION, SEX, SEXUAL ORIENTATION, GENDER IDENTITY, HANDICAP, FAMILIAL STATUS, OR NATIONAL ORIGIN. The Policy will not insure against loss or damage resulting from the terms and provisions of any lease or easement identified in Schedule A, and will include the following Exceptions unless cleared to the satisfaction of the Company: 1. 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. 2. Easements, or claims of easements, not shown by the Public Records. 3. Discrepancies, conflicts in boundary lines, shortage in area, encroachments, and any facts which a correct land survey and inspection of the Land would disclose, and which are not shown by the Public Records. 4. Any lien, or right to a lien, for services, labor or material theretofore or hereafter furnished, imposed by law and not shown in the Public Records. 5. Any defect, lien, encumbrance, adverse claim, or other matter that appears for the first time in the Public Records or is created, attaches, or is disclosed between the Commitment Date and the date on which all of the Schedule B, Part I -Requirements are met. Note: Exception number 5 will be removed from the policy provided the Company conducts the closing and settlement service for the transaction identified in the commitment. 6. Any and all unpaid taxes, assessments and unredeemed tax sales. 7. Unpatented mining claims; reservations or exceptions in patents or in Acts authorizing the issuance thereof. 8. Any water rights, claims of title to water, in, on or under the Land. 9. Right of Way for canal as disclosed on Map and Statement of the Platte Valley Irrigation Canal as set forth in instrument recorded December 19, 1883 in book 39 at Page 59. This page is only a part of a 2016 ALTA® Commitment for Title Insurance issued by First American Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I -Requirements; Schedule B, Part II -Exceptions Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. Form 50004008 (8-23-18) Page 10 of 14 ALTA Commitment for Title Insurance (8-1-16) Colorado 10. Rights of way for County Roads 30 feet on either side of Section and Township lines, as established by the Board of County Commissioners for Weld County, Colorado, recorded October 14, 1889 in Book 86 at Page 273. 11. Reservations of (1) right of proprietor of any penetrating vein or lode to extract his ore; and (2) right of way for any ditches or canals constructed by authority of the United States, in U.S. Patent recorded March 9, 1892 in Book 51 at Page 167. 12. Right of way for ditch as disclosed on the Map of Platteville High Line Irrigation Ditch as set forth in instrument recorded July 9, 1908 at Reception No. 130809 and recorded March 2, 1909 at Reception No. 138349. 13. Right of way for Platte Valley Canal as conveyed to the Farmers Reservoir and irrigation Company in Deed recorded May 19, 1911 in Book 335 at Page 449. 14. Terms, agreements, provisions, conditions, obligations, easements, and restrictions, if any, as contained in Agreement recorded March 4, 1911 in Book 336 at Page 296. 15. An Oil and Gas Lease, executed by Raymond H. Preston and Florence M. Preston as Lessor(s) and by D. Kirk Tracy as Lessee(s) for a primary term of 5 years, dated February 16, 1970, recorded March 10, 1970 at Reception No. 1543595; and any and all assignments thereof or interests therein. NOTE: Matters affecting the present interest of the lessor or lessee are not shown herein. 16. Terms, agreements, provisions, conditions, obligations, easements, and restrictions, if any, as contained in Right -of -Way Easement and License recorded September 16, 1975 at Reception No. 1669988. 17. Terms, agreements, provisions, conditions, obligations, easements, and restrictions, if any, as contained in Notice of general description of area served by Panhandle Eastern Pipe Line Company concerning underground facilities pursuant to C.R.S. Sec. 9-1.5-103 (1) (1981) recorded October 1, 1981 at Reception No. 1870756 and recorded June 26, 1986 at Reception No. 2058722. 18. Terms, agreements, provisions, conditions, obligations, easements, and restrictions, if any, as contained in Notice of Public Service Company concerning underground facilities pursuant to C.R.S. Sec. 9-1.5-103(1) recorded November 9, 1981 at Reception No. 1874084. 19. Terms, agreements, provisions, conditions, obligations, easements, and restrictions, if any, as contained in Notice of Union Rural Electric Association, Inc. concerning underground facilities pursuant to C.R.S. Sec. 9-1.5-103 recorded October 5, 1981 at Reception No. 1871004 and recorded January 24, 1991 at Reception No. 2239296. 20. Terms, agreements, provisions, conditions, obligations, easements, and restrictions, if any, as contained in Notice of Western Slope Gas Company of concerning underground facilities pursuant to C.R.S. Sec. 9-1.5-103 recorded March 9, 1983 at Reception No. 1919757. 21. Terms, agreements, provisions, conditions, obligations, easements, and restrictions, if any, as contained in Surface Facility Grant by and between A.D. Preston and Snyder Oil Corporation recorded August 16, 1991 at Reception No. 2259919. This page is only a part of a 2016,4LTA® Commitment for Title Insurance issued by First American Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I Requirements; Schedule B, Part II -Exceptions. Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. Form 50004008 (8-23-18) Page 11 of 14 ALTA Commitment for Title Insurance (8-1-16) Colorado 22. Terms, agreements, provisions, conditions, obligations, easements, and restrictions, if any, as contained in Surface Facility Grant by and between John Eisenach and Snyder Oil Corporation recorded August 16, 1991 at Reception No. 2259920. 23. Easement as granted to Snyder Oil Corporation in instrument recorded August 28, 1991 at Reception No. 2261017. 24. Easement as granted to Snyder Oil Corporation in instrument recorded October 7, 1991 at Reception No. 2265457. 25. Easement as granted to Amoco Production Company in instrument recorded March 12, 1992 at Reception No. 2280717. 26. Easement as granted Soco Wattenberg Corporation in instrument recorded April 30, 1992 at Reception No. 2286356. 27. An undivided 1/2 interest in all oil, gas and other mineral rights conveyed to The A.D. Preston Revocable Trust in instrument recorded February 10, 1993 at Reception No. 2321385. 28. Easement as granted to Swanson & Morris, Ltd., a Colorado Partnership in instrument recorded March 5, 1993 at Reception No. 2324198. 29. Easement as granted to Swanson & Morris, Ltd., a Colorado Partnership in instrument recorded April 8, 1993 at Reception No. 2328131. 30. An undivided 1/2 interest in all oil, gas and other mineral rights conveyed to the John Eisenach Revocable Trust in instrument recorded September 13, 1993 at Reception No. 2350025. 31. Easement as granted to Swanson & Morris, LLC for pipelines in instrument recorded December 6, 1994 at Reception No. 2418129. NOTE: Ratification of Right -of -Way Agreement recorded August 15, 1996 at Reception Nos. 2506620 and 2506621. 32. Easement as granted to Southwestern Production Corp. for a pipeline in instrument recorded September 10, 2001 at Reception Nos. 2882350 and 2882351. 33. Easement as granted to HS Gathering, LLC for a pipeline recorded November 6, 2001 at Reception Nos. 2898352 and 2898353. 34. Notes, statements, easements and rights of way as set forth on the map of Recorded Exemption No. 1211-08-1 RE -3231 in instrument recorded May 14, 2002 at Reception No. 2951014. 35. Terms, agreements, provisions, conditions, obligations, easements, and restrictions, if any, as contained in Request for Notification of Surface Development recorded October 15, 2007 at Reception No. 3511023. 36. All oil, gas and other mineral rights as reserved in instruments recorded December 14, 2009 at Reception No. 3664920, 3664921, 3664922, 3664923, 3664924, 3664925 and 3664926 and re- recorded February 22, 2013 at Reception No. 3912041, and recorded December 14, 2009 at Reception Nos. 3664927, 3664928 and 3664929. This page is only a part ofa 2015 AL TA® Commitment for Title Insurance issued by first American Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I -Requirements; Schedule B, Part H -Exceptions. Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. Form 50004008 (8-23-18) Page 12 of 14 ALTA Commitment for Title Insurance (8-1-16 Colorad 37. Terms, agreements, provisions, conditions, obligations, easements, and restrictions, if any, as contained in Wellbore Specific Declaration of Pooling recorded March 4, 2010 at Reception No. 3679267. 38. Notes, statements, easements and rights of way as set forth on map of Recorded Exemption No. 1211-8-1 RE -5001 in instrument recorded July 14, 2010 at Reception No. 3705531. 39. Easement as granted to Kerr-McGee Gathering LLC for multiple pipelines in instrument recorded August 28, 2012 at Reception No. 3869346. 40. Terms, agreements, provisions, conditions, obligations, easements, and restrictions, if any, as contained in Easement, Right -of -Way and Surface Damages Agreement recorded March 1, 2013 at Reception No. 3913759. 41. Terms, agreements, provisions, conditions, obligations, easements, and restrictions, if any, as contained in Right -of -Way Grant recorded July 10, 2013 at Reception No. 3946672. 42. Terms, agreements, provisions, conditions, obligations, easements, and restrictions, if any, as contained in Right -of -Way Grant recorded August 5, 2013 at Reception No. 3953676. 43. Easement as granted to DCP Midstrean, LP for pipeline in instrument recorded October 8, 2013 at Reception No. 3969446. 44. Terms, agreements, provisions, conditions, obligations, easements, and restrictions, if any, as contained in Memorandum of Settlement Agreement and Release recorded September 17, 2014 at Reception No. 4046518. 45. Any tax, lien, fee, or assessment by reason of inclusion in the Central Weld County Water District, as evidenced by instrument recorded May 23, 2016 at Reception No. 4205702. 46. Terms, agreements, provisions, conditions, obligations, easements, and restrictions, if any, as contained in Intermill Land Surveying Notice recorded June 2, 2016 at Reception No. 4208145. 47. Notes, statements, easements and rights of way as set forth on the map of Recorded Exemption No. 1211-08-1 RECX16-0007 in instrument recorded July 13, 2016 at Reception No. 4218735. 48. Terms, agreements, provisions, conditions, obligations, easements, and restrictions, if any, as contained in Covenant Building Restrictions recorded January 26, 2018 at Reception No. 4370846. 49. Notes, statements, easements and rights of way as set forth on the map of Recorded Exemption No. 1211-08-1 RECX17-0093 in instrument recorded January 4, 2018 at Reception No. 4365346. 50. Terms, agreements, provisions, conditions, obligations, easements, and restrictions, if any, as contained in Road Maintenance Agreement according to requirements during the construction period Kerr-McGee Gathering, LLC-USR18-0094 recorded April 19, 2019 at Reception No. 4482390. This page is only a part of a 2016ALTAO Commitment for Title Insurance issued by first American Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I -Requirements; Schedule B, Part II -Exceptions. Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. Form 50004008 (8-23-18) rage 13 of 14 ALTA Commitment for Title Insurance (8-1-16 Colorad :1111011it'bl Exhibit A First American ISSUED BY First American Title Insurance Company File No: 13833-3848673 File No.: 13833-3848673 The Land referred to herein below is situated in the County of Weld, State of Colorado, and is described as follows: LOT D OF RECORDED EXEMPTION NO. 1211-08-1 RECX17-0093, ACCORDING TO THE PLAT RECORDED JANUARY 4, 2018 AT RECEPTION NO. 4365346, BEING A PORTION OF THE NE1/4 OF SECTION 8, TOWNSHIP 3 NORTH, RANGE 66 WEST OF THE 6TH P.M., COUNTY OF WELD, STATE OF COLORADO. This page is only a part of a 2016ALTAO Commitment for Title Insurance issued by f rstAmerican Title Insurance Company. Ins Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule 8, Part I Requirements; Schedule B, Part II -Exceptions. Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. Form 50004008 (8-23-18) Page 14 of 14 ALTA Commitment for Title Insurance (8-1-16 Colorad 4301083 Pours: 1 of 1 05/15/2817 10:47 M R Faa:$12.00 D Pes:g0.00 Carly Kenn, Clerk and Recorder, geld County, Co �I IY i IV 0 *IP 111P311WIllig IIIII QUIT CLAIM DEED This Deed Madethis 11 Sidney of 2017 between 2936 LL C a Colorado limited liabi company attic County of Weld and State of COLORADO graato:(s), end 2936 LLC a Colorado limited liability company Whose legal address is 17921 WCR 25 Platteville, Colorado 80651 of the County of Weld and State of Colorado, yamtee(s), WITNFSSTH, that the gantar(s), (brand in consideration of the sum of Ten and 00/100 Dollars ($10.00), The receipt and sufficiency of which is hereby confessed, acknowledged, has remised, released, sold and OUIT CLAIMED, and by these present does remise, releases, sell and QUIT CLAIM wdothegaatee(s), their heirs, successors and assigns, firmer, all the right, title, interest, claim and demand which thegantor(s) has in and to choreal prapenty,togaherwith improvements, if any, situate, lying and being in the said Weld, and State ofColoredo described as follows: Lot Cr of Recorded Exemption No. 1211-08-1 RECX16-0007, according to plat recorded July 7, 2016 at Reception No.4218735, being a portion of the NE Xi of Section 8, Township 3 North, Range 66 West of the 61h P.M., Weld County, State of Colorado TO HAVE AND TO HOLD the same. together with all and singular theappirtenances and privileges thereunto bed or in anywise thereunto appertaining and all the estate, rigid, title, interest and claim whatsoever, of thegantm(s), either in law or equity, tothe only proper use, benefit and belroof of thegrentee(s), their heirs and asks forever. The singular number shall include the plural, thephnral the sigtla , and the use of my grader shall be applimble to all (rulers. INWITNESS WHEREOF, the portents) has emated this deed on the date set forth above. Signed this t \ day of*y , 2017_ ';?Ct.sr.1 L L4 v+nom eLev- 2936 LLC a Colorado limited liability company STATE OF COLORADO COUNTYOF Weld ) SS: The foregoing instrument was adknowledgd before me this_ H day BY WCINDAK MESON SON NOTARY PUUUC STATE OF COLORADO NOTARY ID2OO24OO 683 MYCOMMON EXPIRES APRIL 1, ED18 Witness my hand and official seal 2017 Caear_rrno(21 djli/7) Notary Public My commission wiles: 411/„Z‘)/1 LUCINDA ., . 4 P . r. r '1g583 L1,2018 218 Hello