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HomeMy WebLinkAbout20200053.tiffOrder No.: 110573454-820-GRO Liability: $155.00 1. Name of Assured: Occidental Petroleum Corporation 2. Effective Date of Guarotntce: August 14, 2019 at 6:00 PM The assurances referred to on the face page are: Order No.: H0573454-820-GRO Guarantee No.: CO-F1.AI1-IMP-81COG6-1-19-H0573454 SCHEDULE A CHAIN OF TITLE GUARANTEE Guarantee No.: CO-FFAII-IMP-81COG6-1-19-H0573454 Fee: $155.00 That, according lo those public records which, under the recording laws, impart constructive notice of inatte.s relating to the interest, ifally, which was acquired by Cervi Enterprises, Inc., a Colorado corporation pursuant to a Warn mty I}eed, Assignment of Teases, Bill of Sale and Assignment recorded June 27, 2005 at Reception Number 3297977 in and to the land described as follows: See Exhibit A attached hereto and made a part hereof. Only the following deeds appear in such records subsequent to November 30, 1970: Reception No. 1558158 Book 636 Reception No. 1686332 Book 764 Reception No. 1778802 Book 857 Reception No. 1785132 Book 863 Reception No. 3290313 Reception No. 3297977 This Guarantee does not cover: 1. Taxes, assessments, and matters related thereto_ Instruments, proceedings, or other matters which LID not ecil Belly describe said land_ 81COG6 Chain of Title Guarantee CLTA Guarantee Form No. 6 (Revised 6/6/92) Order No.: 110573454-820-GRO Guarantee No.: CO-FFAH-IMP-81COG6-1-19-110573454 EXHIBIT A LEGAL DESCRIPTION THE LAND REFERRED TO IN THIS GUARANTEE IS DESCRIBED AS FOLLOWS: Section 15, Township 3 North, Range 63 West of the 6th F.M., County of Weld, State of Colorado 81COG6 Chain of Title G uriontee CLTA Guarantee Form No. 6 (Revised 6/6/92) o BOCK O. 636 CO Lc' at 4.4 WI •o 0 0 0 fL p0 t.certf d Rc.P 1.5.'x158 6—I WARRANTY DEED Nov 3 0 3970 Mn Sadeer. bora+ State Documentary Fee Date ..11.aV__3..V.197Q. $ KNOW ALL MEN BY THESE PRESENTS THAT FRANK C. MANN, also known as FRANK MANN, of the County of Weld, State of Colorado, for the consideration of Ten Dollars and other good and valuable consideration in hand paid, hereby sells, and conveys to PREMIER CORPORATION, a Delaware Corporation, the real property situate in Weld County, Colorado, described in Exhibit A consisting of 4 pages attached hereto and incorporated herein together with all improvements thereon and together with all water and water rights appurtenant thereto and WARRANTS TITLE THERETO except for the matters set forth in Exhibit B attached hereto and incorporated herein. It is agreed, however, that no warranty is made regarding water or water rights. Signed and delivered this 75th day of November, 1970. F C. , a a N STATE OF COLORADO SS. CITY AND COUNTY OF DENVER The foregoing document was acknowledged before me this 25th day of November, 1970, by Frank C. Mann, a/k/a Frank Mann. WITNESS my hand and official seal. My commission expires:Til BOOK, 636 1558158 6 EXHIBIT A LEGAL DESCRIPTION: IN TOW raT1P 3 NORT1 RANGE 61 WEST OF TIE 6th P.M.: SECTION 2: S1.41 - SECTION 3: ALL SECTION 4: ALL SECTION 9: ALL SECTION 10: S1J4; tita4 SECTION 11:- ALL, EXCEPT that portion thereof described in Book 1505 at page 525 SECTION 14; That pert of the Ni described as follows: Beginning at the Northeast corner of said Section 14; thence West, along the North line of said Section, 5280 feet, more or less, to the Northwest corner thereof; thence South, along the West line of said Section, 2422 feet, to thecenterline of U. S. Highway No. 6; thence North 65°39' East, along said highway centerline, 5138 feet; thence, along said highway centerline, on a 2° curve to the right, 556 feet to the'East line of said Section; thence North, along the East line of said Section, 147 feet to the point of beginning, EXCEPT those portions thereof described in Book 987 at page 258, and Book 1505 at pages 513, 517 and 525. SECTION 17: 1 l SECTION 18: $r-; Si SECTION 19: That part of Section 19 lying West of the 100 foot wide right of way of Old State Highway No: 52 the centerline of which is described as follows: Beginning at the intersection of the South line of said Section with the centerline of said highway which point is 2465 feet East of the Southwest corner of said Section; thence North 32°ll' East, 2829.7 feet; thence on a 2° curve to the right, 529.1 feet; thence North 42°46' East, 1083.2 feet to a point on the East line of said Section which is 1550 feet South of the Northeast corner thereof. SECTION 30: All that portion lying South of U. S. Highway No. 52; That part lying North of the 100 foot wide rights of way , of U. S. Highway No. 6 and Old State Highway No. 52, the Centerline of which is described as follows: Beginning 'on the West line of said Section, 1660 feet South of the Northwest corner thereof which point is the intersection of said line with the centerline of U. S. Highway No. 6; thence North 65°39' East, 2044 feet; thence North 42°24' East, 314.3 feet; thence on a 3° curve to the left, 340.5 feet; thence North 32°11' East, 497 feet to a point on the North line of said Section which is 2465 feet East of the Northwest corner thereof, EXCEPT those portions described in Book 1499 at page 120 and Book 1505 at pages 513, 517 and 525. IN TOWNSHIP 2 PIonir, R±ti as 62 WEST OP THE bth P.M.: SECTION SECTION 4: SECTION 5: NO; E':Nbx 4; SWjN14, EXCEPT that portion described in Book 1495 at page 551. SEui E; ; those parts of the NW and the 41.1;401- lying North of Chicago, Burlington & Quincy Railroad right of way, EXCEPT those lands conveyed by instrument recorded in Book 1523 at page 1104. eooic 636 1558158 "-3 Legal Description (Continued) SECTION 6: i EXCEPT the following: a partoftYeeNW 1/4 consisting of approximately 4 acres and more particularly described at Book 601 Rec. No. 1522727, Weld - County records. (e) (d) a those lands platted as the Town of Roggen; b those lands platted as the First Addition to the Tosco of Re en; those lands platted as Beggs Addition to the Town of Roggen; those lands conveyed by deeds recorded in Book 373 at page 179, Book 509 at pe a 87, Book 688Aet page 270, Book 711 at page 215, Boak 932 at pave 422, Book 1192 at page 446, Book 1294 at page 150 and Boat: 1523 at page 1104; and Beginning at the point of intersection of the West line of said NU* with the Northerly right of way line of Parcel 6 described in deed recorded in Boak 1523 404; thence South 67°44' East, along said righ .' way line 864.8 feet; thence on a curve to the left havi a radius of 1095.92 feet and a central angle of 23 and a long chord xhich bears South 79°3S' ,Ea50.1 feet, an arc distance of 453.32 feet; thence North 88°34' E:• , 1212.5 feet; thence North 23°266'..' East, 775.54 feet; thence North °.:730" East, 242.84 feet; thence Sout °39' West, 353.2 feet; thence 89°l2' West, 199.3 feet; thenc- auth 86°31'46" West, 2272.15 feet, more or less, point on the West line of said mil - 4, ence South, along said West line, to the point of page IN TOWNSl1ZP 3 NORTH, RANGE 62 'WEST OF THE 6th P.M.: SECTION 5: W2; NE4 SECTION 7: ALL SECTION 10: ALL SECTION 11: F •Nbf4 ; S E'FR1E 4 SECTION 13: S-ll; S SECTION 14. S SECTION 15: WOW SECTION 19; NWk; 14S- SECTION 20: EIS9 ; SzSE ; NE4SEk SECTION 21: B1 NE ; NE4r11' 4 SECTION 22: NF ; 114-Q1.11•,I SECTION 23: N .1 $E SECTION 24: ALL SECTION 25: All lying North of U. S. Highway No. 52, EXCEPT that part lying within the right of way for U. S. Highway no. 6, and EXCEPT those portions thereof described in Book 989 at page 191, Book 1499 at page 120, and Book 1503 at pages 513, 517, and 525. SECTION 26: lk SECTION 28: EF-Si-e; W SE SECTION 29: N ; ia1SW S:F SW -y; pool( 636 Legal Description (Continued) 1,J, EXCEPT the NC,!-Ni :-; 1‘1.S; S 3W1; S 1SE� L�rNt4; Lot 1; E 221Fu Wf W', ; �i;'•irr; sly; E'.snJ4, EXCEii those portions thereof described in Book 111-95 at page 551 and Boot; 11199 at page 120. SECTION 30: SECTION 31: SECTION 32: SECTION 33: IN TOWNSHIP 4 'Nonni :. RANGE 62 WEST OF THE 6th P.M.; SECTIO;: 31: SECTION 32: 1558158 6-H ALL That part- of the Si lying South of a line dram from the Southeast corner of said Section to the West one -quarter corner thereof. IN TOWNSHIP 2 NORTH, RANGE 63 WEST (1E" 6th P.M.: SECTION 1: N2, *The description of this exception shall be amended to exclude from the exception and include in the property to be conveyed from the seller to the Purchaser the west- erly 30 acres of the approximately 40.92 acres described here. 1.n -addition, Seller agrees that the property excepted from this Section 1 (except property subject to lease to Stuckey's) shall not be used for a junk or salvage operation, feed lot, industrial or manufacturing plant, amusement park or petroleum processing or stor- age (but a filling station is a permit- ted use). Seller agrees to execute such instruments as may be necessary to subject the property to this restriction. SECTION 2: Section 1: EXCEPT those portions thereof described in Book 1537 at page 155, iook 1548 at page 258 and Book 1523 at page 404 and E?CCE1'r hat portion thereof described as follows. Beginning at the point of intersection of the East line of the NE- of said Section with the Northerly right of way line of Parcel No. 6 described in deed recorded in Book - 1523 at page 404; thence North 67°44' West, along said Northerly right of way line, 172.3 feet; - thence on a curve to the left having a radius of 250 feet and a central angle of 36°131 and a long chord which bears North 85°50'30" West 155.4 feet, an arc distance of 158 feet; thence South 76°03r West, 171.8 feet; thence on a curve to the left having a radius of 250 feet and a central angle of 51°13' and a long chord which bears South 50°26'30" West 216.11 feet, an arc distance of 223.48 feet; thence South 24°50' West, 443.6 feet; thence on a curve to the right having a radius of 904.3 feet a central, angle of 42°44 and a long chord which bears South 46°?_' West 658.94 feet, an arc distance of 674.46 feet; thence South 67°34' West, 239.6 feet; thence on a curve to the right having a radius of 5530 feet ani a central angle of 11°14'50" and a long chord which bears Bout 73°11'25" West 1083.8 feet, an arc distance of 1085.55 feet; thence North O°21' West, 871.55 feet;' thence North 69°05'26" East, 21+14.3 feet; thecae North 78°03' East, 24 feet; thence on a curve to the right having a radius of 250 feet and a central angle of 36°13' and a long chord which bears South 85°50'30" East, 155.4 feet, an arc distance of 158.03 feet; thence South 67°t44' East, 11-8 feet; thence North 86°31'1+6" East, 4o feet, more or less, to a point on the East linc of said NE—; thence South 0°06' East, along said East line, to the point of beginning. EXCEPT those portions thereof described in Book 1523 at page 404. Together with a non-exclusive easement for right of way, including the right to improve the easement, over the following described property: Commencing at the point of intersection of the East line of the NE 1/4 of Section 1 with the northerly right of way line of Parcel No. 6 described in deed recorded in Book 1523 at Page 404; thence North 67O44' West, along said Northerly right of way line, 172.3 feet; thence on a curve to the Left having a radius of 250 feet and a central angle of 36°l3' and a long chord which bears north 85°50'30" West i1555.4 feet, an arc distance of 158 feet; thence South 76 03' West, 15.20 feet to the place of beginning of this ease- ment; thence North 2'03' East 294.46 feet; thence South 69°05'26" West, 50 feet; thence South 2°03' West, to a point which is South 76003' West 50 feet from the place of beginning; thence North 76°03' East to the place of beginning. i°OlS 630 Lnn:c''r or( 3 15581583 All, of saidf':cl•ic)rt 1/J11 North of u line p:tr.tl"lc-l'Jtlt �°'5 and 50 feet UI:;tnnt IrorLhcrly front the cantr,rlinc of the main track of the Chicago, 1urlingtort fc Quincy itrt11ro:u] Cc r; :tny'r; J•ttti)•o:td, JXCJ•,J'1' tltocc portions thereof deceribctl In Lnok 1.523 at pao Jlotl . SECTION Ii: 17tctt I,:frt of the E'4 lyhi; 1orLh of the right of ut,y of the ChJ c,,L;o, I1ti J.inCton & Quincy Rrtilro.td Co;Ipany, EXCI.[T t'soc.e portions thereof described in Looks 1533 at page 1h6. IN TO:ri MOW 3 T;oluisr, ) AN( .: 63 lfl': iT O:' TEE 6th P.M.: SECTION 1: ALL SEC1'ICET 3: ALL SECTION ll: ALL SECTION 9: ALL SECTION 10: ALL SECTION 11: ALL 'SECTION 12: NV,-; SECTION 13: ALL SECTION 15: ALL SECTION 21: ALL SECTION 22: ELSW4'; I'i SEu SECTION 23: ALL . S1CTIC:l 24; z .,F r.�.,rl•1�.;-k•`F,;, ErSI ,��7E;,-; SSf,-5I�, � �-,, kli.i i L��;;S1: •; ?{ , r' �:1,,, 1rE .�4S> 4•; rJzl•r�urT�;�-sl 1; sls` 5.2*; SECTION 25: ALL SECTION 26: 13; SE4 SECTION 27: ALL SECTION 33: EL' SECTION 34: ALL SECTION 35: ALL XN TOWNSHIP 4 NORTH, RkNGE 63 VEST OF THE 6th P.M.: SECTION 13: That part of said Section described as follows; Beginning at the Southeast corner of said Section; • thence North, along the East line of said Section, 3771.7 .:feet to a point on the South line of what is known as The Lincoln Highway"; thence along said highway right of tray line, as follows: North 85°50' Ifc:;t, 197 feet; South 64°51' West, 506 feet; and North Slast, 324 feet; thence South p7ra1lel with the East line of said Section, 3593.8 feet to a point on the South line thereof; thence South 890 East, along said South line, 976 feet to the point of beginning. SECTION 21: ALL SECTION 22; ALL SECTION 23: ALL SECTION 24: ALL SECTION 25: ALL SECTION 25: ALL SECTION 27: ALL SECTJ:ON 23: ALL SECTION 33: ALL SECTION 3h: ALL SECTION 35: ALL County of W)0, State of Col.ox uio Together with 6 - 13 Tower Valley Sprinklers and 2 - 15 Tower Valley Sprinklers together with all pumps and other equipment in connection with said Valley Sprinklers. aoco 63 6 1558158 c, EXHIBIT B TO WARRANTY DEED FRANK C. MANN TO PREMIER CORPORATION The following matters are excepted from the warranty in the deed from Frank C. Mann to Premier Corporation: a. general property taxes for 1970 payable in 1971 and for subsequent years; b. any and all district assessments for 1970 payable in 1971 and for subsequent years; c. all roads, highways, ditches, pipelines, utilities and easements and rights of way therefor; d. any and all patent and mineral reservations of record; e. all rights, existing or of record, to the use, appro- priation, storage and transportation of water from, over and above the property; f. all right, title and interest of any persons, other than Frank C. Mann in and to minerals, oil, gas, casinghead gas and associated hydrocarbons, or coal granted, leased or reserved by instruments of record; g• zoning and planning resolutions or regulations; and h. except the following deeds of trust which Frank C. Mann agrees will be released from proceeds paid to him by Premier Corporation this date and on January 15, 1971: 1. Book 546, Document No. 1467660 2. Book 591, Reception No. 1513391 3. Book 538, Document No. 1460036 4. Book 591, Reception No. 1513392 5. Book 538, Document No. 1460037 6. Book 583, Document No. 1504754 7. Book 499, Document No. 1423720 8. Book 499, Document No. 1423721 9. Book 565, Document No. 1486808 10. Book 627, Reception No. 1548726 i. Six Sign Space Leases between Frank C. Mann, as Lessor, and Stuckeys, Inc., as Lessee, all dated June 28, 1968. C CD 164 cp rl p J M ..$P.f�.1� rs, Recorded at .. ppr ++yy qq o'clock ..y�,_. 197b � Rec, No. .1.16:86.33g. 5, Lee Shehee, Jr., Recorder WARRANTY DEED KNOW ALL MEN BY THESE PRESENTS: THAT PREMIER CORPORATION, a Delaware corporation of 5600 East Grand River Avenue, Fowlerville, Michigan 48836, for the consideration of Ten Dollars and other good and valu- able consideration in hand paid, hereby sells and conveys to CORNHUSKER FARMS, a Nebraska partnership, of Route 2, Leoti, Kansas 67861, the real property situate in Weld County, Colorado, described in Exhibit A consisting of 5 pages attach- ed hereto and incorporated herein together with all improve- ments thereon and together with all water and water rights appurtenant thereto and WARRANTS TITLE THERETO except for the matters set forth in Exhibit B attached hereto and in- corporated herein. It is agreed, however, that no warranty is made regarding water or water rights. Signed and delivered this/ day of April, 1976. State Documentary Fee Date. APR I 9_6L. Attest: PREMIER CORPORATION C. Gerald Haarer Senior Vice President Alan E. Price, Assistant Secretary STATE OF COLORADO ) ss. CITY AND COUNTY OF DENVER) The foregoing document was acknowledged before me this 14%. day of April, 1976, by C. GERALD HAARER, Senior Vice President of Premier Corporation, a Delaware corporation. , Notary Public, County of Dpn vo-., My Commission Expires:%,,,A..4044.44611 %'A`'f'' '1' OOA764 1686332 EXHIBIT A. 2. Covering the Land in the State of Colorado, County of Weld Described as: IN TOWNSHIP 3 NORTH RANGE 61 WEST OF TI1E 6th P.M.: Section 2: Si% Section 3: All Section 4: All Section 9: All Section 10: SWi; W} SE.r Section 11: All, EXCEPT that portion thereof described in Book 1505 at Page 525, Weld County Records. Section 14: That part of the Ni described. as follows.: Beginning at the Northeast corner of said Section 14;•thence West, _along the North line of said Section, 5,280feet, more or less, to the Northwest corner thereof; thence South, along the West line of said Section, 2422 feet, to the centerline of U.S. Highway No. 6; thence North 65° 39' East, along said highway centerline, 5138 feet; thence, along said highway centerline, on a 2° curve to the right, 556 feet to the East line of said Section; thence North, along the East line of said Section, 147 feet to the point of beginning, EXCEPT those portions thereof described in Book 987 at Page 258, and Book 1505 at Pages 513, 517 and 525, Weld County Records. Section 17: Ni Section 18: Si N, S Section 19: That part of Section 19 lying West of the 100 foot wide right of way of Old State Highway No. 52, the centerline of which is described as follows: Beginning at the inter- section of the South line of said Section with the centerline of said highway, which point is 2465 feet East of the South- west corner of said Section; thence North 32° 11' East, 2829.7 feet; thence on a 2° curve to the right, 529.1 feet; thence North 42° 46' East, 1083.2 feet to a point on the East line of said Section which is 1550 feet South of the Northeast corner thereof•. - Section 30: All that portion lying South of U.S. Highway No. 52; That part lying North of the 100 foot hide rights of way of U. S. Highway No. 6 and Old State Highway No.. 52, the centerline of which is described as follows: Beginning on the West line of said Section, 1660 feet South of the North- west corner thereof, which point is the intersection of said line with the centerline of U.S. Highway No. 6; thence North 65° 39' East, 2044 feet; thence North 42° 24' East, 314.3 feet; thence on a 3° curve to the left, 340.5 feet; thence North 32° 11' East, 497 feet to a point on the North line of said Section which is 2465 feet East of the Northwest corner thereof, EXCEPT those portions described' in Book 1499 at Page 120 and Book 1505 at Pages 513, 517 and 525, Weld County Records Page'1 of 5 to Exhibit A to Warranty Deed from Premier Corporation to Cornhusker Farms. rum Nu, O.142.2 aoo' 764. Section Section Section Section -Section Section Section Section Section Section Section Section Section Section Section Section Section Section Section ' Sect ion 1686332 -7,3 EXHIBIT A --Continued LEGAL DESCRIPTION, Continued IN TOWNSHIP 2 NORTH. RANGE 62 WEST OF THE 6th P.M.: Section 3: W; - Section 4: NE}, El NWI, SW- NA EXCEPT that portion described in Book 1495 at Page 551, Weld County Records. Section 5: SE -1 NE:1; those parts of the NW • and the' W1 NEi lying North of Chicago, Burlington • & Quincy Railroad right of way, EXCEPT those lands conveyed by instrument recorded in Book 1523 at Page 404, Weld County Records. Section 6: Ni, EXCEPT the following: (a) those lands platted as the Town of Roggen; (b) those lands platted as the First Addition to Town of Rogge;' (c) those lands platted as Beggs Addition to the Town of Rogge: (d) those lands conveyed by deed recorded in Book 373 at Page 179, Book 509, Page 87, Book 688 -at Page 270, Book 711 at Page 215, Book 932 at Page 422, Book 1192 at Page 446, Book 1294 at Page 150 and Book -1523 at Page 404; and that portion of the NE1 N.W. described in Certificate of Survey recordY3 as Reception No. .1522727, in Book 601. IN TOWNSHIP 3 TMRTFI RANGE 62 WEST OF THE 6th P.?d_ : Section 5: ti'f; NEh 7: All 10: All 11: El N3'i y; SP7i NE 13: S Ny: S. 14: S- 15: W SAY 19: NWl ; \7 SVi 20: Ei S'I ; Sl 3E'; lei?' SEA 21: N.ME,; NE tB 22: NE?; NW: i~TWt 23: Nl; SE? 24: All 25: All lying North of U.S. Highway No. 52, EXCEPT that part lying within the right of way for U.S. Highway No. 6, and EXCEPT those portions thereof described in Book 989 at Page'191, Book 1499 at Page 120, and Book 1505 at Pages 513, 517, and 525, Weld County Records. 26: NE? 28: E f SW; SY, SEA 29: N ; N- W*; SWSW;S; E�, SE- WI;SE3 30: I - , EXCEPT the NEI PTE ; 140.-S-1; SWh SW ; SEi SE 31: E N.14; Lot 1; El NWT 32: We l'r�; Wl SEA 33: 1.7Yq; SE3; El SW j EXCEPT those portions thereof described in Book 1495 at Page 551 and Book ,1499 at Page 120, Weld County Records. Form No. 0.142.6 (e) Page 2 of 5 to Exhibit- A to Warranty Deed from Premier Corporation to Cornhusker Farms. 1686332 7-Y I EXHIBIT A --Continued LEGAL DESCRIPTION, Continued IN TOWNSHIP 4 NORTH) RANGE 62 WEST OP. THE 6th P.11.: Section 31: All Section 32: That part of the Si lying South of a line drawn from the Southeast corner of said Section to the West one -quarter corner thereof. IN TOWNSHIP 2 NORTH, RANGE 63 WEST OF THE 6th P.M_: Section 1: lid 2'CEPT those portions thereof described in Book 1537 at Page 155, Book 1548 at Page 258, and Book 1523 at .Page 404, and EXCEPT that portion thereof described as .follows: Begin- ning at the point of intersection of the East line of the NEi of said Section with the Northerly right of way line of Parcel No. 6 described in deed recorded in Book 1523 at Page 404, Weld County Records; thence North 67° 44' West, along said Northerly right of way line, 172.3 feet; thence on a curve to the left having a radius of 250 feat and a central angle of 36° 13' and a long chord which bears North 85° 50' 30" West 15504 feet,.an an arc distance of 158 feet; thence South 76° 03' West, 171.8 feet; thence on a curve to the left having a radius of 250 feet and a central angle of 51° 13' and a long chord which bears South 50° 26' 30" West 216.11 feet, an arc a distance of 223.48 feet; thence South 24° 50' West, 443.6 feet; thence along a curve to the right having a radius of 904.30 feet, a central angle of '33° 05' 00", and a long chord that bears South 41° 22' 22" West, 514.93 feet; thence North 00° 21' 00" West, 929.54,feet to the Northerly line of tract described as an exception from said Section 1 in deed recorded in Book 636 as Reception No. 1558158, thence North.69° 05' 26" West along said northerly line, 922,20 feet, to an angle point on said northerly line; thence North 78° 03' East, 24 feet; thence on a curve to the right having a radius of 250 feet and a central angle of 36° 13' and a long chord which bears South 85° 50' 30" East 155.4- feet, an arc distance of 153.03 feet; thence South 67° 44' East, 118 feet; thence North 86° 31' 46" East, 40 feet, more -or less, to a point on the East line of said NEE; thence South -0° 06' East, along said East line, to the point of beginning. Section 2: E. NE*, EXCEPT those portions thereof described in Book 1523 at Page 404, Weld County Records. Section 3: All of said Section lying North of a line parallel with and 50 feet distant Northerly from the centerline of the main tract of the Chicago, Burlington & Quincy .Railroad Company'h railroad as shown in instrument filed September 13, 1928, as Reception No. 545994, Weld County Records, EXCEPT those portions thereof described in Book 1523 at Page 404, Weld County Records. FurmNo. L'-142.6 Page 3 of 5 to Exhibit A to Warranty Deed from Premier Corporation to Cornhusker Farms. ao°'4764' 1686332 .? S EXHIBIT A —Continued LEGAL DESCRIPTION, Continued Section 4: That part of the SE4 lying North of the right of way of the Chicago, Burlington .& Quincy Railroad Company, EXCEPT those portions thereof described in Book 1538 at.Page 146. IN TOWNSHIP 3 NORTH, lyiMGrE 63 Section 1; All Section 3: All Section 4: All Section 9: All Section 10: All Section 11: All Section 12: NW4 ; Ni S Section 13: All Section 15: All Section 21: All Section 22: Ei SW4; %'J SE4 :Section 23: All Section 24: SWi; N1 NW4 NE.4; NI. Si NWt. NE , E ' SW NE ; Sw Sw4 S N4-SEil NWi. NW,; SE4i S NE NW* SEt; NEh NE,- N* NW4 - NE SE4; SE4 SE4; Na SW* SEA ; Si S Si3 SE4. Section 25: All Section 26: N; SE4 Section 27: All Section 33: Ez Section 34: All Section 35: All WEST OF'THE 6th P.M.: N•::' SE; IN TOWNSHIP 4 NORTH, RANGE 63 WEST OP THE 6th P.M.; Section 13: That part of said Section- described as follows: Beginning at the Southeast corner of said Section; thence North, along the East line of said Section, 3777.7, feet to a point on the South line of what is known as "The.Lincoln Highway"; thence along said highway right of way line, as follows: North 85° 50' West, 197 feet; South 64° 51' West, 506 feet; and North 84°•West, 324 feet; thence South, parallel with . the East line -of said Section, 3593.8 feet to a' point on the South line thereof; thence South 89° East, along said South line, 976 feet to the point of beginning. Section 21: All Section 22: All - Section 23: All Section 24: All Section 25: All Section 26: All Section 27:' All Section 28: All Section 33: All Section 34: All Section 35: All Form Ni'. 0442.6 Page 4 of 5 to Exhibit A to Warranty Deed from Premier Corporation to Cornhusker Farms. 660‘',764 EXHIBIT A —Continued LE.,AL DESCRIPTION, Continued IN TOWNSHIP 3 NOR'Y i r RANGE 62 WEST OF THE 6TH PA.: Section 17: NWi NWi; Si NW Section 20: W- NE?.; Section 21: NWi NW • ' 1686332 14 ALL OF THE DESCRIBED PROPERTY IS Iii WELD COUNTY, COLORADO. Form Nu. C-IM1B.G r Page 5 of 5 to Exhibit A to Warranty Deed from Premier Corporation to Cornhusker Farms. 5OO'A 764 EXHIBIT B TO WARRANTY DEED PREMIER CORPORATION TO CORNHUSKER FARMS ' 1,586332 1 7 The following matters are excepted from the warranty in the deed from Premier Corporation to Cornhusker Farms. a. general property taxes for 1976 and for subsequent year:a ; b. any and all district assessments for 1976 and for subsequent years; c. all roads, highways, ditches, pipelines, utilities and easements and rights of way therefor; d. any and all patent and mineral reservaz tions of record; e. all rights, existing or of record, to the use, appropriation, storage and transporta- tion of water :From, over and above the property; f. all right, title and interest of any persons, other than Premier Corporation in and to minerals, oil, gas, casinghead gas and associated hydrocarbons, or coal granted, leased or reserved by instruments of record; g. zoning and planning resolutions or regulations; and h. except the £o:Llowing deed of trust which Premier Corporation agrees will be released from proceeds paid to it this date: gook 653, Reception No. 1575468. EXHIBIT B TO WARRANTY DEED PREMIER CORPORATION TO CORNHUSKER FARMS . 4 � ` 857 WARRANTY DEED boa JAN 1"5 1979: Recorded o4 o'clock 1778802 `Pt -a . 1 U lop 5rote of Colorado, Wald County Clerk & Recorder THIS DEED, Made this 10th day of January, 1979, between CORNHUSKER FARMS, a general partnership organized and exist- ing under the laws of the State of Nebraska, consisting of J. Charles Jaeger, Raymond E. Jaeger and William 0. Jaeger, of the County of Weld and State of Colorado, of the first part, and MIKE CERVI of the City and County of Denver and State of Colorado, of the second part; WITNESSETH, that the said party of the first part, for and in consideration of the sum of Three Million Two Hundred Sixty -One Thousand Five Hundred Nine and 26/100 Dollars ($3,261,509.26) to the said party of the first part in hand paid by the said party of the second part, the receipt whereof is hereby confessed and acknowledged, and other good and valuable consideration to be performed by the party of the second part, has granted, bargained, sold and conveyed, and by these presents does grant, bargain, sell, convey and confirm unto the said party of the second part, his heirs and assigns forever, all the parcels of land, situate, lying and being in the County of Weld and State of Colorado, and more particularly described on Exhibit A attached hereto and incorporated by reference as if fully rewritten herein; TOGETHER WITH any and all oil, gas and mineral rights and interests now owned by party of the first part, appertaining thereto all wells and well rights, water and water rights, ditches and ditch rights, direct flow surface rights and storage rights; appertaining thereto including but not by way of limitation 156 cubic feet per second of water from the Highland Ditches and storage rights from Lost Creek totalling 176.16 acre feet, and all and singular the hereditaments and appurtenances thereunto 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 said party of the first part, 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 said party of the second part, his heirs and assigns forever. And the said party of the first part, for itself, its successor and assignes, does covenant, grant, bargain and agree to and with the said party of the second part, his heirs and assigns, that at the time of the ensealing and delivery of these presents, it is well seized of the premises above conveyed, as of good, sure, perfect, absolute and indefeasible estate of inheritance, in law, in fee simple, and has good right, full power and lawful authority to grant, bargain, sell and convey the same in manner and form aforesaid, and that the same are free and clear from all former and other grants, bargains, sales, liens, taxes, assessments and encumbrances of whatever kind or nature soever, except taxes for the calendar year 1979, and subsequent years, encumbrances, rights of way, easements, reservations, conditions, covenants and restrictions of record. This conveyance is specifically made subject to the following deeds of trust: a. ❑eed of Trust from Cornhusker Farms to the Public Trustee of Weld County, Colorado, for the use and benefit of Northwestern Mutual Life Insurance Company to secure $4,250,000.00 recorded April 19, 1976 under reception number 1686333 in the office of the County Clerk and Recorder of Weld County, Colorado. State Documentary Fee ..,. JAN 15 1979 Ucite .. ' . BOOK 85'7 1778802 b. Deed of Trust from Cornhusker Farms to the Public Trustee of Weld County, Colorado, for the use and benefit of Premier Corporation to secure $250,000.00 recorded April 19, 1976 under reception number 1686334 in the office of the County Clerk and Recorder of Weld County, Colorado. c. All deeds of trust from Cornhusker Farms to the Public Trustee of Weld County, Colorado, for the use and benefit of the United Banks of Denver National Association. Party of the first part hereby warrants and covenants to party of the second part that the status of title for the property hereby conveyed is, on the date hereof, as reflected in that certain mortgagee policy of title insurance issued by Transamerica Title Insurance Company under policy number 75005921 with an effective date of April 21, 1976 at 8;00 a.m. as supplemented by those certain certificates of said Company with an effective date of May 17, 1978, and Decem- ber 21, 1978, and further covenants and agrees to indemnify and save harmless the party of the second part from any loss, claim, damage, cost or expense incurred by party of the second part should the status title to the property hereby conveyed not be as represented herein. Party of the first part further warrants the above bar- gained premises in the quiet and peaceable possession of the said party of the second part, the survivor of him, his assigns and the heirs and assigns of such survivor, against all and every person or persons lawfully claiming or to claim the whole or any part thereof, the said party of the first part shall and will WARRANT AND FOREVER DEFEND. The singular number shall include the plural, the plural the singular, and the use of any gender shall be applicable to all genders. IN WITNESS WHEREOF the said party of the first part has hereunto set its hand and seal the day and year first above written. CORNHUSKER FARMS, A Nebraska General Partnership By By Ray By STATE OF COLORADO } SS. CITY AND COUNTY OF DENVER ) wx�liam { Jaege Jaegr� 1 2. .Zi -2- .800 (857 17,8802 The foregoing instrument was acknowledged before me this c3"1 day of January, 1979, by J. Charles Jaeger, Raymond E. Jaeger and William 0. Jaeger as General Partners of Cornhusker Farms, a Nebraska General Partnership. WITNESS my hand and official seal. :ri47, 'Asaidp expires: 1ic• My =" :•'+.Essio i cs;pire3 ' 2^r 19E0 { BoOK851 17'78802 EXHIBIT A Situated in the State of Colorado, County of Weld, and more part- icularly discribed as follows: IN TOWNSHIP 3 NORTH, RANGE 61 WEST OF THE 6th P.M.; Section 30: All that portion lying South of U.S. Interstate Highway No. 76, EXCEPT those portions described in Book 1499 at Page 120 and Book 1505 at Pages 513, 517 and 525, Weld County Records. IN TOWNSHIP 2 NORTH, RANGE 62 WEST OP THE 6th P.M.: Section 3: Section 4: Section 5: Section 6: W 1/2 NE 1/4', E 1/2 NW 1/4, SW 1/4 NW 1/4 EXCEPT that portion described in Book 1495 at Page 551, Weld County Records. SE 1/4 NE 1/4; those parts of the NW 1/4 lying West of County Road 387 and North of U.S Interstate Highway. 76 and the W 1/2 NE 1/4 lying North of Chicago, Burlington & Quincy Railroad right of way, and South of U.S. Interstate Highway No. 76, EXCEPT those lands conveyed by instrument recorded in Book 1523 at Page 404, Weld County Records. N 1/2, EXCEPT the following: (a) those lands platted as the Town of Roggen; (b) those lands platted as the First Addition to Town of Roggen; (c) those lands platted as Beggs Addition to the Town of Roggen; (d) those lands conveyed by deed recorded in Book 373 at Page 179, Book 509, Page 87, Book 688 at Page 270, Book 711 at Page 215, Book 932 at Page 422, Book 1192 at Page 446, Book 1294 at Page 150 and Book 1523 at Page 404; and (e) that portion of the NE 1/4 NW 1/4 described in Certificate of Survey recorded as Reception No. 1522727, in Book 601. IN TOWNSHIP 3 NORTH RANGE 62 WEST OF THE 6th P.M.: Section Section Section Section 5: 7: 19: 25: Section 29: Section 30; Section 31: Section 32: Section 33: W 1/2; NE 1/4 All NW 1/4; W 1/2 SW 1/4 All lying South of U.S. Interstate Highway No. 76, EXCEPT that part lying within the right of way for U.S. Highway No. 6, and EXCEPT those portions thereof described in Book 989 at Page 191, Book 1499 at Page 120, and Book 1505 at Pages 513, 517, and 525, Weld County Records. N 1/2; N 1/2 SW 1/4; SW 1/4 SW 1/4; that part of the E 1/2 SE 1/4 and the SW 1/4 SE 1/4 lying North and West of County Road 387 N 1/2 EXCEPT the NE 1/4 NE 1/4; N 1/2 S 1/2; SW 1/4 SW 1/4; SE 1/4 SE 1/4 E 1/2 NE 1/4; Lot 1; E 1/2 NW 1/4 That part of the W 1/2 W 1/2; lying West of County Road 3B7 That part of the SE 1/4 and the E 1/2 SW 1/4 lying south of U.S. Interstate Highway No. 76, EXCEPT those portions thereof described in Book 1495 at Page 551 and Book 1499 at Page 120, Weld County Records. tOOK.857 17'78802 N TOWNSHIP 4 NORTH RANGE 62 WEST OF THE 6th P.1.!.: ection 31: All ection 32; That part of the Si lying South of a line drawn from the Southeast corner of said Section to the West one -quarter corner thereof. H TOWNSHIP 2 NORTH, RANGE 63 WEST O? THE 6th P.M.: ection 1: NI EXCaPj' those portions thereof described in Book 1537 at Page 155, Book 1548 at Page 258, and Book 1523 at Page 404, and EXCEPT that portion thereof described as follows: Begin- ning at the point of intersection of the East line of the NEt of said Section with the Northerly right of way line of Parcel No. 6 described in deed recorded in Book 1523 at Page 404, Weld County Records; thence North 67° 44' West, along said Northerly right of way line, 172.3 feet; thence on a curve to the left having a radius of 250 feet and a central angle of 36° 13' and a long chord which bears North 85° 50' 30".West 155.4 feet, an arc distance of 158 feet; thence South 76° 03' West, 171.8 feet; thence on a curve to the left having a radius of 250 feet and a central angle of 51° 13' and a long chord which bears South 50° 26' 30" West 216.11 feet, an arc a distance of 223.48 feet; thence South 24° 50' West, 443.6 feet; 'thence along a curve to the right having a radius of 904.30 feet, a central angle of 33' 05' 00", and a long chord that bears South 41° 22' 22" West, 514.93 feet; thence North 00° 21' 00" West, 929.54 feet to the Northerly line of tract described as an exception from said Section 1 in deed recorded in Book 636 as Reception No. 1558158, thence North 69° 05' 26" West along said northerly line, 922,20 feet, to an angle point on said northerly line; thence North 78° 03' East, 24 feet; thence on a curve to the right having a radius of 250 feet and a central angle of 36° 13' and a long chord which bears South 85° 50' 30" East 155.4 feet, an arc distance of 158.03 feet; thence South 67° 44' East, 118 feet; thence North 86° 31' 46" East, 40 feet, more or less, to a point on the East line of said NE*; thence South 0° 06' East, along said East line, to the point ginning. - ction 2: Ei NEt, EXCEPT those portions thereof described in Book 1523 at le Page 404, Weld County Records. ction 3: All of said Section lying North of a line parallel with and 50 feet distant northerly from the centerline of the main tract of the Chicago, Burlington & Quincy Railroad Company's railroad as shown in instrument I led epterober 13, 1925, as Reception No. 545994, Weld County Records, EXCEPT those portions thereof described in Book 1523 at Page 404, Weld County Records. BOOK . 85'7 1'X'78802 Section 4; That part of the SE 1/4 lying North of the right of way of the Chicago, B.urlington & Quincy Railroad Company, EXCEPT these portions thereof described in Book 1538 at Page 146. IN TOWNSHIP 3 NORTH, RANGE 63 WEST OF THE 6th P.M.: Section 1: Section 3: Section 4: Section 9: Section 10: Section 11: Section 12: Section 13: Section 15: Section 21: Section 22: Section 23: Section 24': Section 25: Section 26: Section 27: Section 33: Section 34: Section 35: All All All All All All NW 1/4; N 1/2 S 1/2 All All All E 1/2 SW 1/4; W 1/2 SE 1/4 All SW 1/4; N 1/2 NW 1/4 NE 1/4; N 1/2 S 1/2 NW 1/4 NE 1/4; E 1/2 SW 1/4 NE 1/4; SW 1/4 SW 1/4 NE 1/4; S 1/2 N 1/2 SE 1/4; NW 1/4 NW 1/4 SE 1/4; S 1/2 NE 1/4 NW.1/4 SE 1/4; NE 1/4 NE 1/4 SE 1/4; N 1/2 NW 1/4!'NE 1/4 SE 1/4; SE 1/4 SE 1/4; N 1/2 SW 1/4 SE 1/4; S 1/2 S 1/2 SW' 1/4 SE 1/4. All N 1/2; SE 1/4 All E 1/2 All All IN TOWNSHIP 4 NORTH, RANGE 63 WEST OF THE 6th P.M.: Section 13: Section Section Section Section Section Section Section Section Section Section Section 21: 22: 23: 24: 25: 26: 27: 28: 33: 34: 35: That part of said Section described as follows: Beginning at the Southeast corner of said Section; thence North, along the East line of said Section, 3777.7 feet to a point on the South line of what is known as "The Lincoln Highway"; thence along said highway right of way line, as follows: North 85°50' West, 197 feet; South 64°51' West, 506 feet; and North 84° West, 324 feet; thence South, parallel with the East line of said Section, 3593.8 feet to a point on the South line thereof; thence South 890 East, along said South line, 976 feet to the point of beginning. All All All' All All All All All All All All . !Pi boot 8G3 Raeo,dad 4t 1'785132Al .. J��f State of Colorado. Wald County Cie* Er Raaofdor h, Rec. No. CORRECTIVE • WARHA T 'TEED I TINS DEED, made this 10th day of January, 1979, between tti CORNHUSKER FARMS, a general partnership organized and existing under krt the laws of the State of Nebraska, consisting of J. Charles Jaeger, to Raymond E. Jaeger and William Q. Jaeger, of the County of Weld and ,.I State of Colorado, o€ the first part, and MIKE CERVI of the City and County of Denver and State of Colorado, of the second part: W TNESSETH, that the said party of the first part, for and in consideration of the sum of Three Million Two Hundred.Sixty- I oil One Thousand Five Hundred Nine and 26/100 Dollars ($3,261,509.26) �y.. to the said party of the first part in hand paid by the said party o- of the second part, the receipt whereof is hereby confessed and acknowledged, and other good and valuable consideration to be performed by the party of the second part, has granted, bargained, sold and conveyed, and by these presents does grant, bargain, sell, convey and confirm'unto the said party of the second part, his heirs and assigns forever, all the parcels of land, situate, lying and being in the County of Weld and State of Colorado, and more particu- larly described on Exhibit A attached hereto and incorporated by reference as if fully rewritten herein; TOGETHER WITH any and all oil, gas and mineral rights and interests now owned by party of the first part appertaining thereto all wells and well rights, water and water rights, ditches and ditch rights, direct flow surface rights and storage rights appertaining thereto, including, but not by way of limitation, 136 cubic feet per second of water from the Highland Ditches and storage rights from Lost Creek totalling 176.16 acre feet, and all and singular the hereditaments and appur- tenances thereunto 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 said party of the first part, 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 said party of the second part, his heirs and assigns forever. And the said party of the first part, for itself, its successors and assigns, does cov- enant, grant, bargain and agree to and with the said party of the second part, his heirs and assigns, that at the time of the enseal- ing and delivery of these presents, it is well seized of the pre- mises above conveyed, as of good, sure, perfect, absolute and in- defeasible estate of inheritance, in law, in fee simple, and has good right, full power and lawful authority to grant, bargain, sell and convey the saste in manner and form aforesaid, and that the same are free and clear from all former and other grants, bargains, sales, liens, taxes, assessments and encumbrances of whatever kind or nature soever, except taxes for the calendar year 1979, and subsequent years, encumbrances, rights of way, easements, reser- vations, conditions, covenants and restrictions of record. This conveyance is specifically made subject to the following deeds of trust: a. Deed of Trust from Cornhusker Farms to the Public Trustee of Weld County, Colorado, for the use and benefit of Northwestern Mutual Life Insurance Company to secure $4,250,000.00 recorded April 19, 1976, under reception number 1686333 in the office of the County Clerk and Recorder of Weld County, 'Colorado. 863. 1785132 b. Deed of Trust from Cornhusker Farms to the Public Trustee of Weld County, Colorado, for the use and benefit of Premier Corporation to secure $250,000 00 recorded April 19, 1976, under reception number 1686334 in the office of the County Clerk and Re- corder of Weld County, Colorado. c. All deeds of trust from Cornhusker Farms to the Public Trustee of Weld County, Colorado, for the use and benefit of the United Banks of Denver, National Association. Party of the first part hereby warrants and covenants to party of the second part that the status of title for the property hereby conveyed is, on the date hereof, as reflected in that certain mortgagee policy of title insurance issued by Transamerica Title Insurance Company under policy number 75005921 with an effective date of April 21, 1976, at 8:00 a.m. as supplemented by those certain certificates of said Company with an effective date of May 17, 1978, and December 21, 1978, aid further covenants and agrees to indemnify and save harmless the party of the second part from any loss, claim, damage, cost or expense incurred by party of the second part should the status of title to the property hereby conveyed not be as represented herein. Party of the first part further warrants the above bar- gained premises in the quiet and peaceable possession of the said party of the second part, the survivor of him, his assigns and the heirs and assigns of such survivor, against all and every person or persons lawfully claiming or to claim the whole or any part thereof, the said party of the first part shall and will WARRANT AND FOREVER DEFEND. The singular number shall include the plural, the plural the singular, and the use of any gender shall be applicable to all genders. This deed is a corrective deed executed and delivered to correct an error in the spelling of the name of William Q. Jaeger as reflected in that certain Warranty Deed from Cornhusker Farms to Mike Cervi, dated January 10, 1979, and recorded January 15, 1979, in Book 857 under Reception Number 1778802 in the office of the County Clerk and Recorder of Weld County, Colorado. IN WITNESS WHEREOF the said party of the first part has hereunto set its hand and seal the day and year first above written. CORNHUSKER FARMS, a Nebraska General Partnership By ` By h.rles Ja--ex Rai d E Jaeger •'664;:k 863 1785132 .3 STATE OF COLORADO SS. CITY AND COUNTY OF DENVER } The, fore piny instrument was acknowledged before me this 14-14.1 day of �Y, l979, by J. Charles Jaeger, Raymond E. Jaeger and William Q. Jaeger as General Partners of Cornhusker .'''..*"4 lns.r' a Nebraska General Partnership. -t .WITNESS my hand and official seal. Mycommission expires:( Notary ublic :K; 863 1'785132 4-4)( EXHIBIT A Situated in the State of Colorado, County of Weld, and more part- icularly discribed as follows: IN TOWNSHIP 3 NORTH, RANGE 61 WEST OF THE 6th P.M.: Section 30: All that portion lying South of U.S. Interstate Highway No. 76, EXCEPT those portions described in Book 1499 at Page 120 and Book 1505 at Pages 513, 517 and 525, Weld County Records. IN TOWNSHIP Section 3: Section 4: Section 5: Section 6: IN TOWNSHIP 2 NORTH, RANGE G2 WEST OF THE 6th P.M.: N 1/2 NE 1/4; E 1/2 NW 1/4, SW 1/4 NW 1/4 EXCEPT that portion described in Book 1495 at Page 551, Weld County Records. SE 1/4 NE 1/4; those parts of the NW 1/4 lying West of County Road 367 and North of U.S Interstate Highway 76 and the N 1/2 NE 1/4 lying North of Chicago, Burlington & Quincy Railroad right of way, and South of U.S. Interstate Highway No.. 76, EXCEPT those lands conveyed by instrument recorded in Bock 1523 at Page 404, Weld County Records. N 1/2, EXCEPT the following: (a) those lands platted as the Town of Roggen; (b) those lands platted as the First Addition to Town of Roggen; (c) those lands platted as Beggs Addition to the Town of Roggen; (d) those lands conveyed by deed recorded in Book 373 at Page 179, Book 509, Page 87, Book 688 at Page 270, Book 711 at Page 215, Book 932 at Page 422, Book 1].92 at Page 446, Book 1294 at Page 150 and Book 1523 at Page 404; and (e) that portion of the NE 1/4 NW 1/4 described in Certificate of Survey recorded as Reception No. 1522727, in Book G01. 3 NORTH RANGE 62 WEST OF THE 6th P.M.: Section Section Section Section 5: 7: 19: 25: Section 29: Section 30: Section 31: Section 32: :section 33: N 1/2; NE 1/4 All NW 1/4; W 1/2 SW 1/4 All lying South of U.S. Interstate Highway No. 76, EXCEPT that part lying within the right of way for U.S. Highway No. 6, and EXCEPT those portions thereof described in Book 989 at Page 191, Book 1499 at Page 120, and Book 1505 at Pages 513, 517, and 525, Weld County Records. N 1/2; N 1/2 SW 1/4; SW 1/4 SW 1/4; that part of the E 1/2 SE 1/4 '•end the SW 1/4 SE 1/4 lying North and West of County Road 3B7 N 1/2 EXCEPT the NE 1/4 NE 1/4; N 1/2 S 1/2; SW 1/4 SW 1/4; SE 1/4 SE 1/4 E 1/2 NE 1/4; Lot• 1; E 1/2 NW 1/4 That part of the N 1/2 N 1/2; lying West of County Road 387 That part of the SE 1/4 and the H 1/2 SW 1/4 lying south of U.S. Interstate Highway No. 76, EXCEPT those portions thereof described in Book 1495 at Page 551 and Book 1499 at Page 120, weld County Records. Actoc .863 1'785132 ' TOWNSHIP 4 NORTHT RANGE 62 WEST OF THE 6th P.M.: .ction 31: All •ction 32: That part of the S; lying South of a line drawn from the - Southeast corner of said Section to the West one --quarter corner thereof. TOWNSHIP 2 NORTH, RANGE 63 WEST OF THE Gth P.M.: ction 1: NI EXCLVl• those portions thereof described in Boob. 1537 at Page 155, Book 1548 at Page 258, and Book 1523 at Page 404, Rnd EXCEPT that portion thereof described as follows: Begin— ning,at the point of intersection of the East line of the 1{Ei of said Section with the Northerly right of way line of Parcel No. 6 described in deed recorded in Book 1523 at Page 404, Weld County Records; thence North 67° 44' West, along said Northerly right of way line, 172.3 feet; thence on a curve' to the left having a radius of 250 feet and tt central angle of 36° 13' and a long chord which bears North 85° 50' 30" West 155.4 feet, an arc distance of 158 feet; thence South 76° 03' West, 171.8 feet; thence on a curve to the left having a radius of 250 feet and a central angle of 51° 13' and a long chord which bears South 50° 26' 30" West 216.11 feet, an arc a distance of 223.48 feet; thence South 24° 50' West, 443.6 feet; thence along a curve to the right having a radius of 904.30 feet, a central angle of 33° 05' 00", and a long chord that bears South 41° 22' 22" West, 514.93 feet; thence North 00° 21' 00" West, 929.54 feet to the Northerly line of tract described as an exception from said Section 1 in deed recorded in Book 636 as reception No. 1558158, thence North 69° 05' 26" West along said northerly line, 022.20 feet, to an angle point on said northerly line; thence North 78° 03' East, 24 feet; thence on a curve to the right having a radius of 250 feet and a central angle of 36° 13' and a long chord which bears South 85° 50' 30" East 155.4 feet, an arc distance of 158,03 feet; thence South 67° 44' East, 118 feet; thence North 86° 31' 46" East, 40 feet, lore or less, to a point on the East line of said NEB;; thence South 0° 06' East, along said East line, to the point of beginning. tion 2: Ei NE*, EXCEPT those portions thereof described in Book 1523 at, Page $04, Field County records. tion 3: All of said Section lying North of a line parallel ;.ith and 50 feet distant Northerly from the center].ine of the main tract of the Chicago, Burlington & Quincy Railroad Company's railroad as shown in instrument riled September 13, 1928, as Reception No. 555994 Weld County Records, EXCEPT those portions thereof described i❑ Book 1523 at Page 404, Weld County Records. 863 Section 4: 1'785132 4 - That p.Lrt of the SE 1/4 ,lying North of the right of way of the. Chicago, Burlington & Quincy Railroad Company, EXCEPT those portions thereof described in Book 1538 at Page 146. IN TOWNSHIP 3 NORTH, RANGE 63 WEST• OP THE Gth P . b4. : Section 1: Section 3: Section 4: Section 9: Section 10: Section 11: Section 12: Section 13: Section 15: Section 21: Section 22: Section 23: Section 24: Section 25: Section 26: Section 27: Section 33: Section 34: Section 35: All All All All All All NW 1/4; N 1/2 S 1/2 All All All E 1/2 SW 1/4; W 1/2 SE 1/4 All SW 1/4; N 1/2 NW 1/4 NE 1/4; N 1/2 S 1/2 NW 1/4 NE 1/4; E 1/2 SW 1/4 NE 1/4; SW 1/4 SW 1/4 NE 1/4; S 1/2 N 1/2 SE 1/4; NW 1/4 NW 1/4 SE 1/4; S 1/2 NE 1/4 NW 1/4 SE 1/4; NE 1/4 NE 1/4 SE 1/4; N 1/2 NW l/4, NE 1/4 SE 1/4; SE 1/4 SE 1/4; N 1/2 SW 1/4 SE 1/4; S 1/2 S 1/2 SW 1/4 SE 1/4. All N 1/2; SE 1/4 All E 1/2 All All IN TOWNSHIP 4 NORTH, RANGE 63 WEST OF THE 6th P.M.: Section 13: Section Section Section Section Section Section Section Section Section Section Section 21: 22: 23: 24: 25: 26: 27: 28: 33: 34. 35: That part of said Section described as follows: Beginning at the Southeast corner of said Section; thence North, along the East line of said Section, 3777.7 feet to a point on the South line of what is known as "The Lincoln Highway"; thence alone said highway right of way line, as follows: North 85050' West, 197 feet; South 64°51` West, 506 feet; and North 84° West, 324 feet; thence South, parallel with the East.line of said Section, 3593.8 feet to a point on the South line thereof; thence South 890 East, along said South line, 976 feet to the point of beginning. All All All All All All All All All Al]. All 111111111111111111111111111111111111111 I11 liii III 1111 3i 3 ' 3290313 I15/31/2005 0111P Weld County, CO 1 at 8 R 41.04 0 0,00 Steve Moreno Clerk & Recorder WARRANTY DEED, ASSIGNMENT OF LEASES, BILL OF SALE AND ASSIGNMENT (Blanket Conveyance - All Property in Weld County) STATE OF COLORADO KNOW ALL MEN BY THESE PRESENTS, THAT: COUNTY OF WELD § This Warranty Deed, Assignment of Leases and Bill of Sale ("Agreement") is entered into effective as of May 1, 2004 (the "Effective Date") by MICHAEL EUGENE CERVI ("Grantor") and CERVI ENTERPRISES, INC., a Colorado corporation ("Grantee"). On or about the date hereof, Grantor has executed a Warranty Deed, Assignment of Leases and Bill of Sale in favor of Grantee, conveying to Grantee certain specifically described real and personal property and leases in Weld County, Colorado (the "Roggen Ranch Deed"). Within the Roggen Ranch Deed, Grantor reserved a specifically described tract or parcel of land, a description of which is set forth on Exhibit B attached hereto (the "Homestead Tract"), and certain easements for the benefit of the Homestead Tract, It is the intent of Grantor and Grantee that this Agreement transfer and convey to Grantee all remaining land in Weld County, Colorado that is owned by Grantor, other than the real property covered by the Roggen Ranch Deed, the Homestead Tract, and the easements benefiting the Homestead Tract. Warranty Deed Grantor, for and in consideration of the sum of TEN AND NO/ 100 DOLLARS ($10.00) and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by Grantor, has GRANTED, BARGAINED, CONTRIBUTED and CONVEYED and by these presents does GRANT, BARGAIN, CONTRIBUTE and CONVEY unto Grantee, and Grantee's successors, legal representatives and assigns, the following described tracts or parcels of land, together with all fixtures and improvements located thereon (the "Subject Property"): (a) BEING the real properly more particularly described on Exhibit A attached hereto (the "Land"), together with all right, title and interest of Grantor in and to (i) all streets, roads, alleys, easements, rights -of -way, licenses, rights of ingress and egress, vehicle parking rights and public places, existing or proposed, abutting, adjacent, used in connection with or pertaining to the Land or the improvements located thereon, (ii) any strips or gores of land between the Land and abutting or adjacent properties, and (iii) all water and water rights, timber and crops pertaining to the Land; (b) All of Grantor's right, title and interest in and to any and all oil, gas and other minerals and mineral interests pertaining to the Land, and all of Grantor's right, title and interest in and to any other oil, gas and other minerals and mineral interests located in Weld County, Colorado; and (c) Subject to the reservations set forth herein and in the Roggen Ranch Deed, all of Grantor's right, title and interest in and to any other real property in 1111111 11111 DIII 111111 im iuu 1111111 III 11111 1111 im 3290313 05/31/2005 01:11P Weld County, Co 2 of 8 R 41.00 D 0.00 Steve Moreno Clerk & Recorder Weld County, Colorado in which Grantor may own an interest, whether or not such real property is described on Exhibit A attached hereto. SAVE AND EXCEPT, and there is hereby expressly reserved unto Grantor and excepted from this conveyance, that certain tract or parcel of land more particularly described on Exhibit B attached hereto (the "Homestead Tract"), together with all fixtures an improvements located thereon, and all easements previously or contemporaneously reserved by Grantor in connection therewith. This conveyance is made and accepted expressly subject to (i) liens securing payment of ad valorem taxes for the year 2005 and subsequent years, and subsequent assessments for prior years due to change in land usage or ownership, and (ii) all restrictions, easements, rights -of -way, all prior conveyances and reservations of oil, gas and other mineral interests and royalty interests, all oil, gas and other mineral leases, maintenance and assessment charges and liens securing same, building set back lines, zoning laws and ordinances of governmental authorities, and all covenants and agreements, if any, of record in the Real Property Records (Office of the County Clerk and Recorder) of Weld County, Colorado to the extent that such matters are presently valid, subsisting and affect the Subject Property. Ad valorem taxes on the Subject Property for the year 2005 have been prorated between the parties and payment of such taxes is assumed by Grantee. TO HAVE AND TO HOLD the Subject Property, together with all and singular the rights and appurtenances thereto and in anywise belonging, unto the Grantee and Grantee's successors, legal representatives and assigns forever; and Grantor does by these presents bind Grantor and Grantor's heirs and personal representatives to WARRANT and FOREVER DEFEND, all and singular, the Subject Property unto Grantee and Grantee's successors, legal representatives and assigns against every person whomsoever lawfully claiming or to claim the same or any part thereof, by, through or under Grantor, but not otherwise. Assignment and Assumption of Leases Grantor, for the same consideration provided for above, has ASSIGNED, TRANSFERRED and CONVEYED and by these presents does ASSIGN, TRANSFER and CONVEY unto Grantee, and Grantee's successors, legal representatives and assigns, all of Grantor's right, title and interest as Tenant in and to any and all leases covering land in Weld County, Colorado (the "Leases"). This assignment includes all of Grantor's interest as tenant in and to the Leases and the leasehold estates created thereby, and all of the rights, benefits and privileges of the tenant thereunder, including without limitation an amount equal to all security deposits and prepaid rentals made under the Leases and not forfeited, but subject to all terms, conditions, reservations and limitations set forth in each of the Leases. TO HAVE AND TO HOLD the Leases, together with all and singular, the rights and appurtenances thereto and in anywise belonging, unto the Grantee, its successors and assigns forever, and Grantor does hereby bind itself, and its successors and legal representatives to WARRANT and FOREVER DEFEND, all and singular, the Leases unto Grantee, its successors and assigns, against every person whomsoever lawfully claiming or to claim the same or any part thereof, by, through, or under Grantor, but not otherwise. 2 I 11111 11111 111111 im 11111 1111111 Ill 11111 Jill 3290313 05/31/2005 01:11f Weld County, CD 3 of 8 R 41.00 D 0.00 Steve Moreno Clerk & Recorder Grantee hereby accepts, assumes and agrees to be bound by and to perform, observe, comply with and fully discharge all of the terms, conditions, provisions, duties, covenants, agreements and obligations set forth in the Leases that are binding upon or are to be performed, observed and complied with and discharged by Grantor on or after the Effective Date of this Agreement. Grantee covenants and agrees to INDEMNIFY, DEFEND and HOLD Grantor HARMLESS from and against any and all losses, liabilities, claims or causes of action existing in favor of or asserted by the Landlord under the Leases arising out of or relating to acts or omissions occurring from and after the date hereof that arise from or are related to the Leases or the obligations of the Tenant thereunder. Bill of Sale and Assignment Grantor, for the consideration described above, has ASSIGNED, BARGAINED, CONTRIBUTED and DELIVERED, and by these presents does ASSIGN, BARGAIN, CONTRIBUTE and DELIVER unto the said Grantee the following described tangible and intangible personal property, licenses and contract rights (collectively, the "Personalty"): (a) All crops and all cattle and other livestock of any kind located on the Subject Property or the Lease Property; (b) All inventory, including all goods, merchandise, raw materials, supplies and other tangible personal property located on the Subject Property or the Lease Property; (c) All accounts, accounts receivable, contract receivables, contract rights, notes, drafts, acceptances, instruments, chattel paper and general intangibles, and all guarantees and suretyship agreements relating thereto and all security for payment thereof, relating to Grantor's business conducted from or in any way arising from or related to the Subject Property or the Lease Property; (d) All equipment, furniture, furnishings, machinery, tractors, trailers, farm implements, fences and other tangible personal property and fixtures of any kind located on, attached to or used in connection with the ownership, maintenance, or operation of the Subject Property or the Lease Property, (e) All licenses, permits, authorizations, consents, variances, waivers, approvals, occupancy certificates and the like, from any Federal, state, county, municipal or other governmental or quasi -governmental body, agency, department, board, commission, bureau or other entity or instrumentality affecting the use or operation of the Subject Property or the Lease Property, but only to the extent that Grantor's interest in the same are or may be transferable or assignable by Grantor (collectively, the "Permits"), including, without limitation, water well permits. (1) Mt (i) contracts or agreements, such as maintenance, service, or utility contracts related to the Subject Property or the Lease Property (collectively, the "Contracts"), (ii) warranties, guaranties, indemnities, and claims relating to the Subject Property or the Lease Property, (iii) insurance contracts or policies relating to the Subject Property or the Lease Property, arid (iv) other property (real, personal, or mixed), owned or held by Grantor that relates, in any way, to the design, constructi.bn, ownership, 3 111111 VIII VIII VIII IIII VIII II�II III VIII IIII IIII 3290313 05f3112005 01:11P Weld County, CO 4 et 8 K 41,00 p 0.00 Steve Moreno Clerk l Recorder use, leasing, maintenance, service, or operation of the Subject Property or the Lease Property. (g) All benefits payable or otherwise afforded by any state or Federal crop, dairy or other commodity program (including, without limitation, all payment rights, subsidy payments, insurance, price support payments, entitlements and other rights and benefits) related to the Subject Property, the Lease Property or the activities conducted thereon, or the other Personalty described above (including, without limitation, all programs administered by the U.S. Department of Agriculture and the Farm Credit Administration). TO HAVE AND TO HOLD the Personalty unto the Grantee, its successors and assigns forever. Grantor warrants and agrees to defend title to the Personalty unto the Grantee, its successors and assigns, against every person whomsoever lawfully claiming or to claim the same, or any part thereof. Grantee hereby accepts, assumes and agrees to be bound by and to perform, observe, comply with and fully discharge all of the terms, conditions, provisions, duties, covenants, agreements and obligations set forth in the Contracts and Permits that are binding upon or are to be performed, observed and complied with and discharged by Grantor, to the extent that they arise and relate to periods from and after the date hereof. In addition, Grantee shall and does hereby indemnify Grantor from, and save and hold Grantor harmless from, any and all liability, loss or damages which may or might be incurred under any of the Contracts or Permits to the extent that they arise and relate to periods from and after the date hereof. EXECUTED as of the dates of the acknowledgements set forth below, to be EFFECTIVE for all purposes as of the Effective Date first set forth above. GRANTOR: Address of Grantee: P.O. Box 1930 Greeley, Colorado 80632 Edward E. Hartline Secretary 4 Michael Euge nevi GRANTEE: Cervi Enterprises, Inc. By: Michael Eugene e President 1111111 illll IIIII Yilll ICI NIII IIIIIu III Illll IIII IIII 3290313 05131/2005 01:11P Weld County, CO 5 of 8 R 41.00 D 0.00 Steve Moreno Clerk & Recorder THE STATE OF COLORADO COUNTY OF Wad § This instrument was acknowledged before me on theZ day of 2005 by Michael Eugene Cervi. �y451y ',,11.11ii 14 " • �, ▪ • d ++13L\ r -.'644,30015,„F▪ ' -q COLORADO OF Ge °titi,. COU4"ItlY��OF Wdd 6 Notary Public in and for The State ofCOA, ORA.DO 31,15-105 This instrument was acknowledged before me on theaA day of 1Lpt.d 2005 by Michael Eugene Cervi, President of Cervi Enterprises, Inc., a Colorado corporation. After recording, return to: Mr. Edward E. Hartline Brown McCarron, LLP 1111 Bagby, Suite 4700 Houston, Texas 77002 HOU:327295,1 1.812 L11/4 p 8,taLz, Notary Public in and for The State ofCOLDRADO S 5 I11111111111VIII111111111ILIIIIIIIIlIlIII1111Eliii1111 313 05/31/2005 01:11P Welt! County, CO 6 of 8 R 41.00 0 0.00 Steve Moreno Clerk & Recorder Attached to conveyance from Michael Eugene Cervi To Cervi Enterprises, Inc. Legal Description (Weld County, Colorado) IN TOWNSHIP 10 NORTH, RANGE 56 WEST OF THE 6TH P.M.: Exhibit A Section 11: N112 Section 15: S 112SW 114; SW1/4NW1/4 1/4 Section 21: N1/2NW1/4 Section 22: N1/2;N1/2SW1/4 Section 27: 51/2 EXCEPTING THEREFROM a parcel of land conveyed to The Department of Highways, State of Colorado, by Deed recorded May 20, 1963 in Book 1647 at Page 155, being more particularly described as follows: A triangular tract of land located in the southeast corner of said Section 27, the Southerly and Easterly boundaries of said tract coincide with the existing Northerly and Westerly County road right of way limits, and said triangular tract measures 30 feet along each of the above described boundaries. Said County road right of way limits to coincide with existing right of way lines or fences. ALSO EXCEPTING THEREFROM a parcel of land conveyed to United States of America, by Deed recorded July 17, 1963 in Book 1653, at Page 65, being more particularly described as follows: A tract of land situated in the NE1/4 SE1/4 of said Section 27, as follows: COMMENCING at the East quarter corner of said Section 27; thence South 32'18'12" West for a distance of 337.34 feet to the POINT OF BEGINNING of said tract of land to be described; thence South for a distance of 340.00 feet; thence west for a distance of 220.00 feet; thence North for a distance of 340 feet; thence East for a distance of 220.00 feet to the POINT OF BEGINNING. Section 28: N1/2; SE1/4; E1/2SW1/4 Section 33: N1/2NE1/4; SE1/4NE1/4 IN TOWNSHIP 3 NORTH, RANGE 63 WEST OF THE 6TH P.M.: Section 1: All Section 3: All Section 4: All Section 9: All Section 10: All Section 11: All Section 12: NWl/4; N1/2S1/2 Page 1 of 2 I 111111 11111 11111 111111 liii III l IIIIIF III III 11111111 3290313 55/31/2,005 01:1113 Weld Cooly, CO 7 of 8 R 41.00 f) 0.00 Steve Moreno Clerk & Recorder Section 1.3: All Section 14: NW1/4 1 /4 Section 15: All Section 21: All Section 22: E1/2SW1/4; W1/2SE1/4 Section 23: All Section 24; SW1/4; N1/2NW1/4NE1/4; N1/2S1/2NW1/4NE1/4; E1/2SW1/4NE1/4; SW1/4SW1/4NE1/4; S1/2N1/2SE1/4; NW1/4NW1/4SE1/4; Si 2NE1I4NW1/4SE1/4; NE1/4NE1/4SE1/4; N1/2NWI/4NE1/4SE1/4; SE1/4SE1/4; N1/2SW1/4SE1/4, S1/2S1/2SW1/4SE1/4;N1/2NE1/4NW1/4SE1/4; N1/2SW1/4SW1/4SE114. Section 25: All Section 26: N1/2; SE1/4 Section 27: All Section 33: E1/2 Section 34: All Section 35: All IN TOWNSHIP 4 NORTH, RANGE 63 WEST OF THE 6TH P.M.: Section 13: That part of Section described as follows: Beginning at the Southeast corner of said Section; thence North along the East line of said Section, 3777.7 feet to a point on the South line of what is known as "The Lincoln Highway"; thence along said highway right of way line, as follows: North 85°50 W, 197 feet; South 64°51' W, 506 feet; and North 84° W, 324 feet: thence South, parallel with the East line of said Section, 3593.8 feet to a point on the South line thereof; thence South 89°E, along said South line, 976 feet to the point of beginning. Section 21: All Section 22: All Section 23; All Section 24: All Section 25: All Section 26: All Section 27: All Section 28: All Section 33; All Section 34: All Section 35: All IN TOWNSHIP 4 NORTH, RANGE 63 WEST OF THE 6TH P.M.: All those portions of Sections 10, 11, 13, 14, and 15, lying South of the right of way for State Highway 34., EXCEPTING THEREFROM the East 976 feet of said Section 13. Page 2 of 2 I IIII!l IIIII t III IiIff I VIII IIIII 1111!1 ill 1!111 1111 VIII 3290313 05/31/2005 01:11P Weld County, CO 8 el 8 FI 41.00 0 0.00 Steve Moreno Clerk $ Recorder Exhibit B Legal Description - Homestead Tract The SWI/4 SW1/4 SW1/4 of Section 29, the SW1/4 SEI/4 SEI/4 of Section 30, the NE1/4 NE1/4 NE1/4 of Section 31 and the NW1/4 NW1/4 NW1/4 of Section 32, all in Township 3 North, Range 62 West, Weld County, Colorado_ 11111111111111111111111111111111111111 Ill 1111111111111 3297977 06127/2005 03:15P Weld County, CO 1 of S R 41.00 D 0.00 Steve Moreno Clerk & Recorder WARRANTY DEED, ASSIGNMENT OF LEASES, BILL OF SALE AND ASSIGNMENT (Blanket Conveyance - All Property in Weld County) (Confirmation of Prior Conveyance) STATE OF COLORADO § KNOW ALL MEN BY THESE PRESENTS, THAT: COUNTY OF WELD § This Warranty Deed, Assignment of Leases and Bill of Sale ("Agreement") is entered into effective as of May 1, 2004 (the "Effective Date") by MIKE CERVI ("Grantor") and CERVI ENTERPRISES, INC., a Colorado corporation ("Grantee"). Pursuant to that certain Warranty Deed, Assignment of Leases, Bill of Sale and Assignment dated May 1, 2005 and recorded in Weld County, Colorado under Reception No. 3290313 (the "Original Deed"), the property conveyed hereby was conveyed by Grantor to Grantee. However, title to such property was held in the name "Mike Cervi" rather than "Michael Eugene Cervi," as Grantor was listed in the Original Deed. Grantor is executing this Agreement to confirm the conveyance made by the Original Deed. On or about the date hereof, Grantor has executed a Warranty Deed, Assignment of Leases and Bill of Sale in favor of Grantee, conveying to Grantee certain specifically described real and personal property and leases in Weld County, Colorado (the "Roggen Ranch Deed"), which deed has also been executed in confirmation of a prior conveyance of such property which also listed Grantor as "Michael Eugene Cervi." Within the Roggen Ranch Deed, Grantor reserved a specifically described tract or parcel of land, a description of which is set forth on Exhibit B attached hereto (the "Homestead Tract"), and certain easements for the benefit of the Homestead Tract. It is the intent of Grantor and Grantee that this Agreement transfer and convey to Grantee all remaining land in Weld County, Colorado that is owned by Grantor, other than the real property covered by the Roggen Ranch Deed, the Homestead Tract, and the easements benefiting the Homestead Tract. Warranty Deed Grantor, for and in consideration of the sum of TEN AND NO/100 DOLLARS ($10.00) and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by Grantor, has GRANTED, BARGAINED, CONTRIBUTED and CONVEYED and by these presents does GRANT, BARGAIN, CONTRIBUTE and CONVEY unto Grantee, and Grantee's successors, legal representatives and assigns, the following described tracts or parcels of land, together with all fixtures and improvements located thereon (the "Subject Property"): (a) BEING the real property more particularly described on Exhibit A attached hereto (the "Land"), together with all right, title and interest of Grantor in and to (i) all streets, roads, alleys, easements, rights -of -way, licenses, rights of ingress and egress, vehicle parking rights and public places, existing or proposed, abutting, adjacent, used in connection with or pertaining to the Land or the improvements located thereon, (ii) any strips 1111(111111111 I It 1111111 I1 iI 'Hill 1111111111111 liii II I 3297977 06/27/2005 03:15P Weld County, CO 2 of R 41.00 l] 0.00 Sieve Moreno Clerk & Recorder or gores of land between the Land and abutting or adjacent properties, and (iii) all water and water rights, timber and crops pertaining to the Land; (b) All of Grantor's right, title and interest in and to any and all oil, gas and other minerals and mineral interests pertaining to the Land, and all of Grantor's right, title and interest in and to any other oil, gas and other minerals and mineral interests located in Weld County, Colorado; and (c) Subject to the reservations set forth herein and in the Roggen Ranch Deed, all of Grantor's right, title and interest in and to any other real property in Weld County, Colorado in which Grantor may own an interest, whether or not such real property is described on Exhibit A attached hereto. SAVE AND EXCEPT, and there is hereby expressly reserved unto Grantor and excepted from this conveyance, that certain tract or parcel of land more particularly described on Exhibit B attached hereto (the "Homestead Tract"), together with all fixtures an improvements located thereon, and all easements previously or contemporaneously reserved by Grantor in connection therewith. This conveyance is made and accepted expressly subject to (i) liens securing payment of ad valorem taxes for the year 2005 and subsequent years, and subsequent assessments for prior years due to change in land usage or ownership, and (ii) all restrictions, easements, rights -of -way, all prior conveyances and reservations of oil, gas and other mineral interests and royalty interests, all oil, gas and other mineral leases, maintenance and assessment charges and liens securing same, building set back lines, zoning laws and ordinances of governmental authorities, and all covenants and agreements, if any, of record in the Real Property Records (Office of the County Clerk and Recorder) of Weld County, Colorado to the extent that such matters are presently valid, subsisting and affect the Subject Property. Ad valorem taxes on the Subject Property for the year 2005 have been prorated between the parties and payment of such taxes is assumed by Grantee. TO HAVE AND TO HOLD the Subject Property, together with all and singular the rights and appurtenances thereto and in anywise belonging, unto the Grantee and Grantee's successors, legal representatives and assigns forever; and Grantor does by these presents bind Grantor and Grantor's heirs and personal representatives to WARRANT and FOREVER DEFEND, all and singular, the Subject Property unto Grantee and Grantee's successors, legal representatives and assigns against every person whomsoever lawfully claiming or to claim the same or any part thereof, by, through or under Grantor, but not otherwise . Assignment and Assumption of Leases Grantor, for the same consideration provided for above, has ASSIGNED, TRANSFERRED and CONVEYED and by these presents does ASSIGN, TRANSFER and CONVEY unto Grantee, and Grantee's successors, legal representatives and assigns, all of Grantor's right, title and interest as Tenant in and to any and all leases covering land in Weld County, Colorado (the "Leases"). This assignment includes all of Grantor's interest as tenant in and to the Leases and the leasehold estates created thereby, and all of the rights, benefits and privileges of the tenant thereunder, including without limitation an amount equal to all security deposits and prepaid rentals made under the Leases and not forfeited, but subject to all terms, conditions, reservations and limitations set forth in each of the Leases. -2- I IIIIII 1111111111 IIIIIII 1111111111 I111I III 11111 IIII IIII 3297977 06/27/2005 03:15P We'd County, CO 3 of 8 fl 41.00 0 0.00 Steve Moreno Clerk & Recorder TO HAVE AND TO HOLD the Leases, together with ail and singular, the rights and appurtenances thereto and in anywise belonging, unto the Grantee, its successors and assigns forever, and Grantor does hereby bind itself, and its successors and legal representatives to WARRANT and FOREVER DEFEND, all and singular, the Leases unto Grantee, its successors and assigns, against every person whomsoever lawfully claiming or to claim the same or any part thereof, by, through, or under Grantor, but not otherwise. Grantee hereby accepts, assumes and agrees to be bound by and to perform, observe, comply with and fully discharge all of the terms, conditions, provisions, duties, covenants, agreements and obligations set forth in the Leases that are binding upon or are to be performed, observed and complied with and discharged by Grantor on or after the Effective Date of this Agreement. Grantee covenants and agrees to INDEMNIFY, DEFEND and HOLD Grantor HARMLESS from and against any and all losses, liabilities, claims or causes of action existing in favor of or asserted by the Landlord under the Leases arising out of or relating to acts or omissions occurring from and after the date hereof that arise from or are related to the Leases or the obligations of the Tenant thereunder. Bill of Sale and Assignment Grantor, for the consideration described above, has ASSIGNED, BARGAINED, CONTRIBUTED and DELIVERED, and by these presents does ASSIGN, BARGAIN, CONTRIBUTE and DELIVER unto the said Grantee the following described tangible and intangible personal property, licenses and contract rights (collectively, the "Personally"): (a) All crops and all cattle and other livestock of any kind located on the Subject Property or the Lease Property; (b) All inventory, including all goods, merchandise, raw materials, supplies and other tangible personal property located on the Subject Property or the Lease Property; (c) All accounts, accounts receivable, contract receivables, contract rights, notes, drafts, acceptances, instruments, chattel paper and general intangibles, and all guarantees and suretyship agreements relating thereto and all security for payment thereof, relating to Grantor's business conducted from or in any way arising from or related to the Subject Property or the Lease Property; (d) All equipment, furniture, furnishings, machinery, tractors, trailers, farm implements, fences and other tangible personal property and fixtures of any kind located on, attached to or used in connection with the ownership, maintenance, or operation of the Subject Property or the Lease Property; (e) All licenses, permits, authorizations, consents, variances, waivers, approvals, occupancy certificates and the like, from any Federal, state, county, municipal or other governmental or quasi -governmental body, agency, department, board, commission, bureau or other entity or instrumentality affecting the use or operation of the Subject Property or the Lease Property, but only to the extent that Grantor's interest in the same 3 I 111111 III IIIII III II IIIII 1111111111 III 11111 IIN IHI 3297977 0612712005 03:15P Weld County, CO 4 of 8 R 41.00 D 0.00 Steve Moreno Clerk & Recorder (t) (g) are or may be transferable or assignable by Grantor (collectively, the "Permits"), including, without limitation, water well permits. All (i) contracts or agreements, such as maintenance, service, or utility contracts related to the Subject Property or the Lease Property (collectively, the "Contracts"), (ii) warranties, guaranties, indemnities, and claims relating to the Subject Property or the Lease Property, (iii) insurance contracts or policies relating to the Subject Property or the Lease Property, and (iv) other property (real, personal, or mixed), owned or held by Grantor that relates, in any way, to the design, construction, ownership, use, leasing, maintenance, service, or operation of the Subject Property or the Lease Property. All benefits payable or otherwise afforded by any state or Federal crop, dairy or other commodity program (including, without limitation, all payment rights, subsidy payments, insurance, price support payments, entitlements and other rights and benefits) related to the Subject Property, the Lease Property or the activities conducted thereon, or the other Personalty described above (including, without limitation, all programs administered by the U.S. Department of Agriculture and the Farm Credit Administration) . TO HAVE AND TO HOLD the Personalty unto the Grantee, its successors and assigns forever. Grantor warrants and agrees to defend title to the Personalty unto the Grantee, its successors and assigns, against every person whomsoever lawfully claiming or to claim the same, or any part thereof. Grantee hereby accepts, assumes and agrees to be bound by and to perform, observe, comply with and fully discharge all of the terms, conditions, provisions, duties, covenants, agreements and obligations set forth in the Contracts and Permits that are binding upon or are to be performed, observed and complied with and discharged by Grantor, to the extent that they arise and relate to periods from and after the date hereof. In addition, Grantee shall and does hereby indemnify Grantor from, and save and hold Grantor harmless from, any and all liability, loss or damages which may or might be incurred under any of the Contracts or Permits to the extent that they arise and relate to periods from and after the date hereof. EXECUTED as of the dates of the acknowledgements set forth below, to be EFFECTIVE for all purposes as of the Effective Date first set forth above. Address of Grantee: P.O. Box 1930 Greeley, Colorado 80632 4 GRANTOR: I 1111! liJil ItI 11111111111 11111 VIII III VIII!III 1111 3297gi7 06/27/2085 03:15P Weld County, CO 5 or B R 41.00 D 0.00 Steve Moreno Clerk & Recorder GRANTEE: Attest: Edward E. HartIine Secretary THE STATE OF COLORADO § COUNTY OF LJc c Cervi Enterprises, Inc. By: S Mike Cervi President This instrument was acknowledged before me on then day of \ ) { A ,gyp 2005 by Mike Cervi. THE STATE OF COLORADO COUNTY OF0g, I d Notary Public in + for The State of C a L E R A D This instrument was acknowledged before me on the day of 2005 by Mike Cervi, President of Cervi Enterprises, Inc., a Colorado co After recording, return to: Mr. Edward E. Hartline Brown McCarroll, LLP 1111 Bagby, Suite 4700 Houston, Texas 77002 HOU:331169.1 1.812 otary Public in an or The StateofCOL RADO 5 I IIIII11111111111111111111II111111 1111111111111LI IIII 3297977 06/27/2605 03:15P Weld County, CO 6 of 8 fi 41.00 O 0.00 Steve Moreno Clerk & Recorder Attached to conveyance from Michael Eugene Cervi To Cervi Enterprises, Inc. Legal Deseriniion (Weld County, Colorado) IN TOWNSHIP 10 NORTH, RANGE 56 WEST OF THE 6TH P.M.: Exhibit A Section 11: N1/2 Section 15: S1/2SWI/4; SW1/4NW1/4 I/4 Section 21: NI/2NW 1/4 Section 22: N1/2;N1/2SW1/4 Section 27: S1/2 EXCEPTING THEREFROM a parcel of land conveyed to The Department of Highways, State of Colorado, by Deed recorded May 20, 1963 in Book 1647 at Page 155, being more particularly described as follows: A triangular tract of land located in the southeast corner of said Section 27, the Southerly and Easterly boundaries of said tract coincide with the existing Noriherly and Westerly County road right of way limits, and said triangular tract measures 30 feet along each of the above described boundaries. Said County road right of way limits to coincide with existing right of way lines or fences. ALSO EXCEPTING THEREFROM a parcel of land conveyed to United States of America, by Deed recorded July 17, 1963 in Book 1653, at Page 65, being niore particularly described as follows: A tract of land situated in the NE1/4 SE1/4 of said Section 27, as follows: COMMENCING at the East quarter corner of said Section 27; thence South 32°18'12" West for a distance of 337.34 feet to the POINT OF BEGINNING of said tract of land to be described; thence South for a distance of 340.00 feet; thence west for a distance of 220.00 feet; thence North for a distance of 340 feet; thence East for a distance of 220.00 feet to the POINT OF BEGINNING. Section 28: N1/2; SE1/4; E1/2SW1/4 Section 33: N l /2NEI /4; SE 1 /4NE 1 f4 IN TOWNSHIP 3 NORTH, RANGE 63 WEST OF THE 6TH P.M.: Section 1: All Section 3: All Section 4: All Section 9: All Section 10: All Section 11: All Section 12: NW1/4; N1/2S1/2 Page 1 of 2 11011111111111111111111 [11111111 3297977 06/27/2005 03:15P Weld County, C0 7 of 8 R 41.00 0 0.00 Steve Moreno Clerk & Recorder Section 13: All Section 14: NW1/4 Section 15: All Section 21: All Section 22: E1/2SW1/4; W1/2SE1/4 Section 23: All Section 24: SW1/4; N1/2NW1/4NE1/4; NI/281/2NW1/4NE1/4; E1/2SW1/4NE1/4; SW1/4SW1/4NE1/4; S1/2N1/2SE1/4; NW1/4NW1/4SE1/4; Sl/2NE1/4NW1/4SE1/4; NEl/4NE1/4SE1/4; N1/2NW1/4NE1/4SE1/4; SE1/4SE1/4; N1/25W1/4SE1/4; S1/2S1/2SW1/4SE1/4;N1/2NE1/4NW1/4SE1/4; N1/2SW1/4SW1/4SE1/4. Section 25: All Section 26: N1/2; SEI/4 Section 27: All Section 33: E1/2 Section 34: All Section 35: All IN TOWNSHIP 4 NORTH, RANGE 63 WEST OF THE 6TH P.M.: Section 13: That part of Section described as follows: Beginning at the Southeast corner of said Section; thence North along the East line of said Section, 3777.7 feet to a point on the South line of what is known as "The Lincoln Highway"; thence along said highway right of way line, as follows: North 85°5a W, 197 feet; South 64°51' W, 506 feet; and North 84° W, 324 feet; thence South, parallel with the East line of said Section, 3593.8 feet to a point on the South line thereof; thence South 89°E, along said South line, 976 feet to the point of beginning. Section 21: All Section 22: All Section 23: All Section 24: All Section 25: All Section 26: All Section 27: All Section 28: All Section 33: All Section 34: All Section 35: All IN TOWNSHIP 4 NORTH, RANGE 63 WEST OF THE 6TH P.M.: All those portions of Sections 10, 11, 13, 14, and 15, lying South of the right of way for State Highway 34., EXCEPTING THEREFROM the East 976 feet of said Section 13. Page 2 of 2 I IIIlII 11111 11111 1111111 11111 11111 (III III 11111 lIlt Ill 3297977 0512712005 03:15P Weld County, Co 8 of 8 R 41.00 0 0.00 Steve Morena Clerk 8 Recorder Legal Description - Homestead Tract Exhibit B The SWI/4 SWI/4 SW1/4 of Section 29, the SW1/4 SE1/4 SE1/4 of Section 30, the NE1/4 NE1/4 NE1/4 of Section 31 and the NW1/4 NW1/4 NW1/4 of Section 32, all in Township 3 North, Range 62 West, Weld County, Colorado. H TCHeritage Title Company Making Tranaagians 14rwnal Commonwealths TI 11 £ DEPARTMENT - DELIVERY TRANSMITTAL 7251 West 20th Street, Building L, Suite 100 Greeley, CO 80634 (970) 330-4522 Fax: (866) 828-0844 DATE: August 20, 2019 FILE NUMBER: H0573454 GUARANTEE NUMBER: CO-FFAH-IMP-81COG6-1-19-H0573454 PROPERTY ADDRESS: none shown, Weld County, CO YOUR REFERENCE NUMBER: 121715000005 TO: Occidental Petroleum Corporation 1099 18th St. Suite 1800 Denver, CO 80202 ® If checked, supporting documentation enclosed ATTN: Sam Samet PHONE: (720) 929-3317 MOBILE: (307) 660-5553 FAX: (000) 000-0000 E-MAIL: Sam Samet@oxy.com DELIVERY: Email NO. OF COPIES: 1 END OF TRANSMITTAL SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE LIMITS OF LIABILITY AND THE CONDITIONS AND STIPULATIONS OF THIS GUARANTEE. Guarantee No.: CO-FFA11-IMP-81COG6-1-19-110573454 Commonwealth Land Title Insurance Company a Florida corporation, herein called the Company GUARANTEES Occidental Petroleum Corporation The Assured named in Schedule A against actual monetary loss or damage not exceeding the liability stated in Schedule A, which the Assured shall sustain by reason of any incorrectness in the assurances set forth in Schedule A. Commonwealth Land Title Insurance Company Countersigned: By: Authorized Officer or Agent ey Attest Randy OW* President 81COG6 Chain of Title Guarantee CLTA Guarantee Form No. 6 (Revised 6/6/92) OrderNo.: 110513454-820-GRO Guaraot No.:CO-FrtILIMP-IC:OG6-1-19410573454 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). 81COG6 Chain of Title Guarantee CLTA Guarantee Form No. 6 (Revised 6/6/92) Order No. H0573454-820-GRO Guarantee No.CO-FFAI-i-IMP-S1COG6-1-19-H0573454 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. (o) (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 cl:tints 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 validity or potential invalidity of any judicial or non judicial proceeding which is within the scope and purpose of the assurances provided. The identity of any party shown or referred to in Schedule A. The validity, legal effect or priority of any matter shown or referred to in this Guarantee. (c) (d) GUARANTEE CONDITIONS AND STIPULATIONS 1. DEFINITION OF TERMS. The following terms when used in the Guarmtecmean: (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 inlprovconints noise therein tvhiclr by law coil litutc real property. The tens "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) "dale": the cffcclive slate shown in Schedule A 2. NOTICE OF CLAIM TO BE GIVEN BY ASSURED CLAIMANT. An Assured shall notify the Company promptly in writing in ease 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 tennin ale 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 nglus 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 I)IPTY TO DEFEND OR PROSECUTE. The Company shall have no duty to defend or prosecute any action or proceeding, to which the Assured is a patty, notwithstanding the nature of any allegation in such action or proceeds ng. 4- COMPANY'S OPTION TO DEFEND OR PROSECUTE ACTIONS; DUTY' OF ASSURED CLAIMANT TO COOPERATE. Even though the Company has nu duty to defend or plosccutc us set forth in Paragraph 3 above: (a) The Company shall have the right, at its sole option and cost, to inalitute and prosecute any action or proceeding, interpose adefcnse, as limited in (b), 4r 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, teltciser Cr lout 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 81 COG6 Assured in the defense of those causes of action which allege matters not covered by this Guarantee. (e) 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. (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 airy ieiicn or proceeding. securing evidence, obtaining witnesses, prosecuting or defending the notion or lawful act which in the opinion of the Company may be necessary or desirable to establish the title to the Assured- if the Company is prejudiced by the failure of the Assure to furnish the required cooperation, the Company's obligations to the Assured under the Guarantee shall terminate. 5. PROOF OF LOSS OR DAMAGR,. In addition to and after the notices required under Section 2 of these Conditions and Stipulaticns have been provided to the Company, a proof of loss or damage signed and sworn to by the Assured shall be famished 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 prejudice by the failure of the Assured in provide due required proof of Joss or damage, the Company's aids eniion to inch assured under the Guarantee shall terminate. In addition, the Assured may reasonably he required to submit lo 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 Dale of Gtairuntee, 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 ?issurtd to submit for examination under oath, produce. other iasonably 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. Chain of Title Guarantee CI.'rA Gtturantc Fono No. 6 (Revised 1116192) Order No.: H0573454-820-GRO 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 lienholder, 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 liutrantee 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, oshrr ILLIn Io luakc the payment requited in. that paragraph, shall terminate, including any obligation to coluhwe 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 ]'uragtaph (h) the Company's obligation to the Assured under this (tuarantee 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 at'aiaiiued ar incurred by the A51sur, I elainirnt who has su[J Ted lust or damage by reason of reliance upon the assurances set forth[ in this Guarantee and only to the extent herein described, and sub,)ect ti. tlue Exelusious E-mlu 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 or these Conditions and Stipulations, al tIic time the loss or damage assurecl ugaitsl by this GIiamntee occurs, together with interest thereon; or (c) the di 'Terence between the value of the estate or interest covered hereby as slated herein and the value of the estate or interest subject to an skiect, lien or encumbrance assured against by this Guarantee, 8. L Ial ITATION 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, ineludvrg 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. Guarantee No.: CO-FFAH-IMP- 1COG6-1-19-H0573454 (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 ease 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 lrnaranter. ail right ofslthrogahvn nh:rll ce-sl in the Company unathcled by any act of the Assure claimant. The Company shall be subrogated to and be entitled to all rights and ren Yedles which the .\ssuied would have had against any person or propclty 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 full cover the loss of the Asstimd ll:e Company shall be subrugawd au all rights and rentedics 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 Arbitration 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 of the breach of a Guarantee provision or other obligation. All arbitrable matters when the Amount of Liability is $1,000,000 or less shall be arbitrated al lire upturn of either the Company or the Assured. All arbitrable matters when the amount of liability is in excess of $1,000,000 shall be arbitrable 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 to a prevailing party. Judgment upon the award rendered by the Arbitrators) may be entered in any court having jurisdiction thereof. The law of the sitrrs 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. LLAIIILIT5' LIMITED TO TIIIS G1'ARANTEE, 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 sir alraehcd hereto srvIcd 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: CON IMLONWEALTTI LAND TITLE INSURANCE COMPANY Claims Department Post Office Box 45023 Jacksonville, FL 32232-5023 81 COG6 Chain of Title Guarantee CLTA Guarantee Form No. 6 (Revised 6/6/92) Hello