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HomeMy WebLinkAbout20201508.tiffCERTIFICATE OF CONVEYANCES STATE OF COLORADO COUNTY OF WELD Land Title Order No. HUWA WELD COUNTY DEPARTMENT OF PLANNING SERVICES The Land Title Guarantee Company (TITLE INSURANCE or ABSTRACT COMPANY) hereby certifies that it has made a careful search of its records, and finds the following conveyances affecting the real estate described herein since August 30, 1972, and the most recent deed recorded prior to August 30, 1972. Legal Description: NW1/4 /4 OF SECTION 35, TOWNSHIP 2 NORTH, RANGE 63 WEST OF THE 6TH P. M., COUNTY OF WELD, STATE OF COLORADO. CONVEYANCES (if none appear, so state): Book 879 Book 1040 Book 856 Book 1259 Book 1259 Book 1532 Reception No. Reception No. Reception No. Reception No. Page 194 Page 419 Reception No. 1777938 Reception No. 2208762 Reception No. 2208764 Reception No. 2476443 3200587 3537344 3537346 3537787 This Certificate is made for the use and benefit of the Department of Planning Services of Weld County, Colorado. This Certificate is not to be construed as an Abstract of Title, nor an opinion of Title, nor a guarantee of Title, and the liability of Land Title Guarantee COMPANY, is hereby limited to the fee paid for this Certificate. It Witness Whereof, Land Title Guarantee COMPANY, has caused this certificate to be signed by its proper officer this 9th day of September, 2019 at 5:00 o'clock P.M. LAND TITLE GUARANTEE COMPANY By: 4q / i dl1L. 2 1029 at fh, f a o"CreckAret— SO 8799 MVE1t, ilecnrded Rn ���°,,,, pA�lG, 568485 H. C. GRABLE, Recorder. Mo. 40. W18B1lin nrJavr?�Uif0*o7 ' ms. —+n,. n.,aox5-nummm, rs& ua. am:. aaames Legal Eiu, ae4 Mout Bk. Lamm... this Deed, made this 2nd — day of may m the year our Lord one thousand nine hundred and twenty-nine The Weicker Transfer ea Storage Company ,between a corporation duly organised and existing under and by virtue of the laws of the State of Colorado of the fvrat part, and The Weioker Investment Company, a corporation duly or- ganised and existing under and by virtue of the laws of the State of Colorado, of the City & County of Denver and State of Colorado, of the second part; WITN SSLTH, That the said party of the first part, for and in consideration of the sum of One hundred and no/100 ($100.00) DOLLARS, and other good and valuable considerations to the said party of the first part in hand paid by the said part y of the second part, the receipt whereof is hereby confessed and acknowledged, hash granted, bargained, sold and conveyed and by these presents loth grant, bargain, said, convey and confirm unto the said part y ---- of the second part, its eLin rs rand assigns Sforever, all the following described Id 8 or parcels of land, situate, lying and being in the County of and State of Colorado, to -wit: The west half (W+3) of the southeast quarter (Se) of Section three (3), Township one (I), North; Range sixty- three (63), West; subject to encumbrance now of record; The east half (E") of the northeast quarter (NE) of Section twenty-five (25), Township one (1), North, Range sixty-four (64), West; subject to encumbranoe now of record; • The west half (Wi) of the northwest quarter (NV) of Section twenty-eight (28), Township two (2), North, Range sixty-three (63), West; subject to encumbrance now of record; The west half (Wi-) of the northwest quarter (NY) of Section thirty-four (34), Township two (2), North, Range sixty-three (63), West; subject to encumbrance now of record; The east half (lsg) of the southwest quarter (S1) and the east half () of the northwest quarter (NW4) of Section thirty-five (35), Township two (2), North, Range sixty-three (63), West; subject to encumbrance now of record; Weld. SKLU, Inc. LG 5EL15975 WE 568485-1929.001 TOGETHER with all and singular the Ttereditaments and appurtenances thereon& belonging., or in anywise appertaining; and the reversion and .reversions, remainder and remiainders, rents, issues and profits thereof; and all 'Um; '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 hereditamento and appurtenances. TO HAVE AND TO HOLD the 'said premises above bargained'and described, with the appurte- nances, unto the said part y of the second par; its 3u°13 aana assigns; forever. And the said The Weicker Transfer to Storage Company . party of the first part, for itself, its successors and assigns, cloth covenant, grant, bargain and agree to and with the said suu-agssu e part y of the second part, its C and assigns, that at the time of the ensealing and delivery of these presents it iswell seized of the premises above corwe fed, as of good, sure, perfect, absolute and indefeasible estate of inheritance, in law, in fee simple, and hath 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 in - cumbrances of whatever, hind or nature saver; subject to the encumbrances above mentioned.. and the above bargained premises in su00essor the quist••and peaceable.:pesseseion of the said part•;•1 of the second part, its • bliti and assigns, against all and every person'o ' persons lawfully claiming or to claim the whole or any part thereof, the said party of the -.first part Thait and -will WARRANT AND. FOREVER DEFEND.. . SKID, Inc. LG SIQ.15975 WE 568485-1929.002 .5; 'aDK 879 rAGE196 IN WITNESS WHEREOF', The said party of Me first part hath caused its corporate name to be hereunto subscribed by its President, and its corporate sealto be hereunto,af fined, attested by its Secretary, the day and year first above written. r , Secretary. Ftkn r;. The Weioker Transfer 81 Storage Company I President. STAT2 OF COLORADO. i ss. Citim COUNTY o penv--er-------•r I, 074C1-24,-. O. `�°4 h_.or- , a n. , a notary public, in and for said City & County, in the State aforesaid, do hereby certify that R. V. Weioker and F. C. Weioker wha are personally known to me to be the samepersona whose names are subscribed to the foregoing Deed as having executed the same respectively as President and Secretary of The Weioker Transfer & Storage Company a corporation, and who are known to me to be each officers, reepeativety, appeared before one this day in person and severally acknowledged: That the seal affixed to the foregoing instrument is the corporate seal of said corporation; that the same was thereunto affixed by the authority of said corporation; that said snetrament was by like authority subscribed with its corporate name; that the said --- R. V.Weioker is the President of said corporation, and the said F. C. We Joker is the Secretary thereof; that by the authority of said corporation they respectively subscribed their names thereto as President and Secretary, and that they signed, sealed and delivered the said instrument of writing as their free and voluntary act and deed, and as the free and voluntary act and deed of said corporation,for { ErtfO Tint purposes therein set forth. Given under my hand and official seal, this dafof ,A.D.1929 My commission expires C, f 7. , 29 r R Recorded thin_....._ ... say of a D. 19 o'alabk .....�� 1�¢. ReoeDtron Na......._ SKID, Inc. LG SKL15975 WE 568485-1929.003 ' � �nl. _..........._APR Y11....19N BONI10 .f ME 419 Reception No...l1�IdLTL�R..�,.MD&iw'IS$IDbrder. 100 IBM), Made Gills Sixth ' day of April one thousand nine hundred and thirty—nine between R. V. WEIC$ER of the City in the year of our Lord County of Denver and State of Colorado, of the first part, and THE WEIMER INVESTS GCMPANY, a Colorado corporation, of the second part: WITNESSETH. That the said part 7:Ii of the first part, for end in consideration of the sum of Gnu gtrrgl•nad . — — _ ,.----------- to the said part 7 of the first part in hand paid by the acid part 7 of the second part, the receipt whereof is hereby confessed and acknowlodgcd, ha 8 granted, bargained, sold 'and conveyed, and by these pamadiporg 65 grant, bargain, sell, convey and confirm, onto the said part 7 of the second part, its and asaigna fareveri all the -following described lot or parcel B of land, situate', lying and being in the County. of Weld and State of Colorado, to -wit: West Half (w ). of.,the Northwest Quarter (NW) of Section Thirty- four (34), and the East Half (B) of the Northwest Quarter (NIft) of Section Thirty-five (35), in Tormehip Two (2) North, Range Sixty-three (65) West of the Sixth (6th) Principal Meridian, Weld County, Colorado; together with all ditch,. reservoir and water rights belonging or in any way pertaining to said lends, and especially the water rights in the Henlylyn Irrigation District. • TOGETHER with all and singular the hereditamemte and appurtenances thereto belonging, or in anywise appertaining, and the reversion and reversions, remainder and remainders, rents, issues and profits thereof; and all the estate, right, title, interest, claim and demand whataoever of the said party . of the first part, either in law or equity, of, in and ta'tha• above bargained premises, with the harcditamenta and appurtenances. TO HAVE AND TO HOLD the said premistkiekatacytined and described, with the appurtenances, unto the said part of the second part, its anl assigns forever. And the said part 7 of the first part, for himself, his heirs, executors, and administra pn as' covenant, grant, bargain and agree to end with the said part y of the second part, itf� 5ancgaasigna, that at the time of the caseating and delivery of these presents, he is wall seised of the premises above conveyed, as of good, sure, perfect, absolute and indefeasible estate of inheritance, in law, in fee simple, and ha B good right, full power and lawful authority to grant, bargain, sell and convey the same in manner and farm as 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 soarer. and the ab& 88 Rpremtsea in the quiet and peaceable possession of the said part y of the second part, its ] and assigns, against all and every person or persons Ia!fufy claiming or to claim the whole or any part thereof, the said part .7 .of the first part shell and will WARRANT ANTI FOREVER DEFEND. IN WITNESS 'WHEREOF, The said part 7 of the first part he 5 hereunto set hie hand and seal the day and year first above written. ,.r ,. '4.1.! VAAVITIA 19. h',,COLOxA.DO, ,...,.$ ri its? .Cetirity_ of Deriver • K n. A' r) - itin�'�nait*,+imeiit:wie a'slmow1idgsd before ma this • ,'� 1L'• f • I�.' . 9. WICKER - - — i e* :� �nimi�sipfle5cSlroiC ; Witness tt►K*�4•*"cl.�.�JOj £�Ftrca Flo -..._ _ 40 • irom�ur28. f9 ,19 _ _C8>dAL7 (SEAL] .—._..._.....�,— -WHAM fX day of. April hand and official seal, Notary Pe61 .. "• No. 939. WARHANIT IIBBD—Par 1'aotas ihle Ree.ri,—ThaBmiferd-Rcb1nmveptr.re.,lilrwRagman%Laailgionki,Dmrcr. SKLD, Inc. LG SKL15975 WE 813239-1939.001 :tz • Hecuriled ct_ � y�]I]a'6eier'19 856 THIitDEBA,Made this 29th day or _' beceober ,ip78 • • between •' • . . . THE WEICKER INVEST ENT COMPANY.' a corporation duly organised ande.ietinir under and by virtue of the lows sfthamote Of ,-:: Colorado.: art hi firm piirt,Rail ' _ WORK ENTERPRISES,' INC. •e corporation duly uritaniaud and am{sling under and byvirtue at the laws - cur flue stola at Colorado , °rthosecund part:whusolegal address le 2900 Brighton Boulevard, Denver, Colorado,:. JAN 8 . 1979 eeordrr. �p . Wald.Caunty, •Colorado' '7- ' •• ,.w,_ RfrCORIt6R'itltTAMP TENW)11,1 88TH, That the sold party of the first pelt, fey and in ronsideratinnoftha sum cut v+0. J --___.•.... ~ '�00i4e,ARH .. ANB OTHER VALUABLE CONSIDERATIONS •__'� to -the moil party or the Oct part In hand paid by the acid party of the snored part, the receipt whereof Is hereby ' tor:farmed and sekiawledgeil, h.itti granted, bargained, sold and ienvuyaii, Med by tigxe'praeente deice grant, bargain. sail, rnnruy unci renflrrn,'iinla ihe'nald party of the second part, Its sustainers and ;soigne threven alt the foRowiria : •chcocrtbed_ traparcrl griped;altuite.lying and beinaIntiie - •Cauntyof ••' 'Weld end EtudeotCelorado,to•wlts , • The' West' Uae. Half ,-(Wl/2) of Section..75, :: . 'To nultip .2 North, Basle 63 :Waat. of' the •`::.. ... • :: Bitola' Principal Meridian • • • : _ ' . ... slaolmawn as str:eit end number TOCIItIHEH. with ail end singular the heredltarnrnta end ripptertrnnnccu lhert'unin belonging, or in anywise, appertaining. and the reversion and reieraione, remainder and remainder., runt.. issues and profits thereof, and all •the estate; right, !lily, interact, etalm and demand whateuever or the amid partied the flint .part, either in law or equity; of, Inrindtothsabs ebargained promlcgs, with the harudltirmenfaand sppurtenanros, • TO'HAVE AN1}Tii 1'01.13 the maid premiers abort. lwrgatnrd and closer; hot, with the appurtrrtgncea unto the sold party of the second port. its successors and waives forever. And the acid ' THE WEICKER INVESTMENT COMPANY party of the first purl, for itself, it. suceesenrs end muulgna, cloth covenant, grant, leorgsin and egret. to and whit the amid party of the seemed pert, he successors oral aseIgns, tllat at the time of the ensenling rend :Winery of thee. prusente It Is well seised of the promiees above cenveytnl, an or wind. sure., perfect, obsolete and hUiifuoathlu estate or lnhurttanee, in law, In fee Simple, and bath good right; full power and lawful authority to grunt, bnrgaln. sell and convey the msme inmasheruod term aforesaid, and that the e.mu are free oriel char from ail former and other grants. ticrgaine,sales,llunn, Isom, aisaMmenleand Ihrureibranceeofwhatever killer nature ruaver; EXCEPT first deed of trust of record - and tea above bargained promisee in the quirt and peaceable pessea.len of the said party of tine second part, its enccessera nod assigns regained ell and every person or parsons lawfully einholen or to claim the whole or tiny part ihuren!, the meld party of the Prat Inert shall sad will WA IMAM' AND FOREVER In:FENII, IN WITHERS WHEREOF, Thu acid party of the first part iron caused its rurinirste nante to he hereunto aucluarrltucul icy II presiduut.01111ItscorporateAraltobehereuntoaffixed,attestedby'its secretary, the clay midyear first cbuve written. Attest: THE WEIC =R iNVET COMPANY • I %Lear l" . Wt. -r fz Ii STATHOPCO1.ORABP. City and Denver . 1101.Lountyof Tile foregoing instrument woe arknewlet god Isamu:lie Ode - 29th in78 ,by Hubert Work • 1 ellrnN4h. i ..,I',1 w1, • t I Ruth H. Work . By_ ork day of as as • THE WEICKER INVESTMENT COMPANY, My notarial tunulfiasionexpires, August 22, 1979. W Itnesa my stand and official seal. December, President lend ttrcrvetery of - -a rarparatian, NIN.1.1141.1niaaar,t101.rtt'.,p.railea i■ Corporal Fail —Qlelepra,ireI'll,kl'aIII I,isye I', lgrn%yer euar SOP. i la.:, r..,h.radali l•auili-$.1s •... t5.3 or CC .,•' „,,,,,..r,kt • SAID, Inc. LG SEL15975 WE 1777938-1979.001 litraU8762 r Mo. 'r - 1259 REC 02208762 03/23/90 13s02 410.00 1/002 F 0335 MARY ANN PEDRRSTEIN CLRRIc k R CORDER WELD co, co 5 5 rrAT8 OP CULURAUO QUIT CLAIM DEED THIS DEED, Made Ma 9th nom March .19 90. bengal THE WVICXER INVESTMIDI.. COMPANY, a captlradan did), or naiad and Weans wada ad by virtue of the kw Oda State of rottos Colorado 'ed WORK. ENTER#RISES, LNC., a cooperation tali' oria4izcsl and aniadne wax and by arm of dr Lim dim soar of Co larado . maw, abase Wren 1+ 15 Steele Strout, suite le, Denver, Colorado 80200 WITNESS, Thal dt groom fa and In consldetal Ian of the sum of TEN DOLLARS and other good and valuable considerations DOLLARS, the *nips and wflkie Nay of whirls la haraby ack.a.kdend. he mated, rckrai. Bald, canard ;WWII CLAIMED, + id by obeli! puma dtaa moan, edam, Winnow/ad QUITCLAIM raauthe groans, in *woman arid amigo tram, aorta nDt,nil. bound, claim and donna rldail the gran!« has In and to the real Kiwis washer with Improvements. if any. Onside. Iyina and being In the *Candy of Weld and Slam of Colaadp. Malted to folio= All that real estate described on EXHIDZT A attached and a part of this deed. 'CO RAVIAND TOlWoi.Dgin saw vupcthe; Ilk sttar4alagdmday apron oiancea and prinhpeatha.a,atabafoaglag.orlaaayadaadamned uppenaiakg,ledaltdtncask.rfphi.ilik,iaternteadclaim+vhitearee.ofIhapsoe tithe. lahwwavily. mike minnow urc,baaadeartdlaabeof of the grantee, la nexawxa and wags. ft.etar. IM WatN[5li WHI SOR Tba gnaw fur eatrw4 gas cprporail name id be banana a xabmibpd by Its eorpcnaawAnal lobeheadman 'Doted.ataercdbyha Agri6tantSactetry.ling din and yewNrgabmewelttrts Preddc+u, and bt1 ' Tba forgoing imrsanaae rat lane riedod bekee ma this 9th ay of March , 19 90 • .1 by HUGER? WORK as PIci M. g rd flop+iW. AM= BA Assistant Dior •1 'r'' 'wti �ss�Ea EIRIDS!HEHT CO14PAEY, a Colorado corporation. My' enpkes OV rs trawr � CY Zit Orr* j e wle,ye+ra�`erfa>rda4a�u�oat... it in tomb!. Insert 'City and." 179014990/ Nt+• 615. Wt n S.aS. QUIT CLAIM IUD 1Cwpwilou rcirpawllwsl Arnicaihharana.14ri W tth Ire., IaiaaM. CO /0ct4—il6ll s>149% 146 la min, Inc. LG SKL15975 WE 2208762-1990.001'. ' 1 B 1259 REC 02200762 03/23/90 13:02 $10.00 2/002 F 0336 MARY ANN FEUERETNIN CLBRX S RECORDER WELD CO, CO EXHIBIT Attached to Quit Claim Deed dated March 9 1990 between TIM WEICXER INVW6TNZNT COMPANY, a Colorado corporation, and WORK ENTRRPRIBBB, INC., a Colorado corporation The West One -Waif (Wi) of Section 35, Township 2 North, Range 63 West of they 6th P.M., in Weld County, Colorado. Together with all and singular, the hereditaxents and appurte- nances thereto belonging, or in anywise appertaining: including, but not limited to, any and all fixtures, fences, any and all easements, rights -of -way, or other rights of access used in conjunction with the Property, any and all growing crops, trees, and shrubbery, and Together with all water and water rights, ditches and ditch rights, reservoirs and reservoir rights, springs and spring rights, wells and well rights, both tributary and non -tributary and designated and non -designated, on, under, appurtenant to, or: used on the lands herein described, including but not limited to the followings the water rights represented by Wall Permit Nos, 1771 -FP (formerly 1771-R), 1772 -FP (formerly 1772*R), 1773 -FP (formerly 1773-R) and 1774 -PP (formerly 1774-R), and all interest in the Renrylyn Irrigation District and water rights within said District associated with or appurtenant to the land described above, Including any and all easements and rights -of -way associated with the water and water rights, including, but not limited to, easements and rights -of -way for the carriage of water to the Property, discharge of water from the Property, and storage of water off of the Property: and including all headgates, flumes, diversion structures and measuring structures, pumps, motors, meters and other property used in delivering water to the Proper- ty and Measuring water used on the Property; Together with any and all personal property, fixtures and other items used in conjunction with or associated With the foregoing property, and specifically including all well pumps and irriga- tion equipment; and Together with all minerals of whatever kind or character, now owned or hereafter acquired, including but not limited to, all oil and gas and constituents thereof, gravel, sand and anal, in, under and upon or that might be produced from the described lands. SKID, Inc. LG SKL15975 WE 2208762-1990.002 B 1239 ROC 02208764 03/23/90 13$03 $10.00 1/002 Atte2DlW7g M F 0339 MARY ANN FEUERST&Th CLERK 6 RECORDER WELD CO, CO r WARRANTY DEED THIS DEED, Mack this 21st dsy a>! Hekch 1990 . bstwean BORE ENTERPRISES, INC. r a Colorado corporation of the "Candy of yule of CobmWa. gmmrr, and EAGLE PEAK FARMS, LTD., a colorado limited partnership 4t1fibl►, FWOV1aJY 1K" 1nYa ? lif9r /l 9t 97 pareac whore kml rtd&nnn Ia c%o Stillwater Resources & Investments, Ina., One Park Centre 1333 West 120th Avenue, Suite 211, Denver, Colorado 80234 wriNESS8YN. Thu the swam kw led its mialdenakm ar Iha sum or DOLLARS, thereciptandtofllv'iescyufwhichhherebyeckaowldgcd,lFassrokrd,hrgek+ed.soldandcaercyed.tadbyIheopromodoerram, bargain, all, coney rid twrlkna, Ware It.. pasta, 1I iucar>.or+and ..Mn.grn.iYac ad atlas mat Foamy, tardier with tm aceaos.roau. st a. c aluum, lyiag and booth In the County of Weld sad sore ofColoradn. drerkhed at Wow State DocIrnontary Fee Pate All that real estate described on EXHHISIT A attached and a part of this deed. 4,0, dfy 07V000,WOO iif►k' TOGETHER with malt tad ahagursr the hetedilamema add apptatettmcea *mann Inhaling or Is anywise appertaining, std she rondo and n eirsloaa. raaainln and tawhakn, rata. Iswce sal far% *moor. and KO AK awe. right. thin. laast►e. claim aid detnsdd wt*aamse id din gram*. either in lei in aptly. tiL is end to lie -bee bvgsiaed pentiwii, with fie lnsedl oleatu and apawkwmces. 1ORAVRAIID iCtIKM.pSetadprarnbeateenbridnedadd*smibetl.wldtslaappertaraaieoi trow. a.mammaamil eaa►gita fever. And theraiax.herhheaelf,hisheiniaedyaarsasa%akpre.WYlwa,donammai.gram.homincudaroseMoodwhineplowe.Ha►aeae.sra and a..lge. Ow at dr^ tree o rho enwsilig and delivery of IS... present,. ha h well sled of Oa prendia spew aDevoid. 'am gond,sea. poled. abaah4c tad irlekribkesuec of InInrrurxe, in law, In 6e Ong*. road he pond right. hill gown nett lawral aohorhylu grew. bargain. sallied army the time m manna, rd form n Woresadit, end that the was are hes rid clear tram rll haler rod Magma, bagels, taks.licm. tars, auemtacariv enaanteencee oed maxtkenr of whatever kinder mean sown; crams Thegraamorshall ail will WARRANT AND FOREVER DEFEND the aheaa-bxgsiaGttpainbetin the tptielanl geaeahk goenesloa oldie pertve. fl, +oaaceuorn, anal eelgaaa. what t Miami rem pernnormama lawful lyclaikagus whdeor,aypoet rhanpf 'Mr anginal wart Inrltade the plural, dot Oval the stators aid the ate of any gemlar andk be Rp1b.ibk tea garden. IN WITNESS INNER Ulf', The grantor his executed this dead on iha date set Witt abort. The foregoing instrument was ackniselydgad leant its IN* 21st dayof Rakfch ,19 90, by HUBERT WORK, as President. and JOHN W. ' ENG, as Assistant Secretary, of WORK EbriERPR28ES, INC., a Colorado corporation. My wool aids rxpira Feb, 26, 1991 • WHIRISs sty hold sad nihcid oral. *din Mat - - - :k . .N ws A iv estD to cep MO Pw Magi* Maama so 00 COF tt` WHIM PAO**. del$ W. felt Ave.. Natraaad. 0014—Mg)3PM= SELD, Inc. 1,0 SKL15975 WE 2208764-1990.001 • t . B 1259 REC 02208764 03/23/90 13:03 00.00 2/002 • F 0340 MARY ANN FEDERSTEXN CLERK & RECORLER WELD CO, CO EXHIBIT A TO THE WARRANTY DEED BETWEEN WORK ENTERPRISES, INC. AND EAGLE PEAK FARMS, LTD. The property shall include the following: The West One -Ralf (W1/2; of Section 35, Township 2 North, Range 63 West of the 6th P.M., in Weld County, Colorado. Together with all and singular, the hereditaments and appurtenances thereto belonging, or in anywise appertaining; including, but not limited to, any and all fixtures, fences, any end all easements, rights -of -way, or other rights of access used in conjunction with the Property, any and all growing crops, trees, and shrubbery; and Together with all water and water rights, ditches and ditch rights, reservoirs and reservoir rights, springs and spring rights, wells and well rights, both tributary and non -tributary and designated and non -designated, on, under, appurtenant to, or used on the lands herein described, including but not limited to the following. the water rights represented by Well Permit Nos. 1771 - FP (formerly 1771-R), 1772 -FP (formerly 1772-R), 1773 - FP (formerly 1773-R) and 1774 -FP (formerly 1774-R): and all interest in the Henrylyn Irrigation District and water rights within said District associated with cr appurtenant to the land described above; Including any and all easements and rights -of -way associated with the water and water rights, including, but not limited to, easements and rights -of -way for the carriage of water to the Property, discharge of water from the Property, and storage of water off of the Property; and including all heedgates, flumes, diversion structures and measuring structures, pumps, motors, meters and other property used in delivering water to the Property and measuring water used on the Property; Together with any and all personal property, fixtures and other items used in conjunction with or associated with the foregoing property, and specifically including all well pumps and irrigation equipment; Together with all minerals of whatever kind or character, now owned or hereafter acquired, including but not limited to, all oil and gas and constituents thereof, gravel, sand and coal, in, under and upon or that might be produced from the described lands. SKLDJ Inc. LG SKL15975 WE 2208764-1990.002 C.) r An2a7e 43 2476443 2-1532 P-316 02/14/96 03:37P PG 1 OF 29 REC race Weld Comity CO Clerk & Recorder 146.00 SPECIAL WARRANTY DEED THIS DEED, Made this 13th day of February, 1996, between Eagle Peak Farms, Ltd., a Colorado limited partnership, "grantor" and Prospect Valley Farms, Ltd., a Colorado limited partnership, whose legal address is 1942 Broadway, Suite 506, Boulder, Colorado 80302, County of Boulder, State of Colorado, 'grantee: WiTNESSETH, That the grantor, for the sum of less then Five Hundred Dollars ($500.00) and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, has granted, bargained, sold and conveyed, and by these presents does grant bargain, sell, convey, and confirm, unto the grantees, the grantees' heirs end assigns forever, all the real property, together with improvements, if any, situate, lying and being in the County of Weld, State of Colorado, described as follows: The Property described on the attached Exhibit A which is incorporated by this reference. TOGETHER with all and singular the hereditament, and appurtenances thereto belonging, or in anywise appertaining, and the reversion and reversions, remainder and remainders, rents, issues and profits thereof; and all the estate, right, title, interest, claim and demand whatsoever of the grantor, either in law or equity, of, in and to the above bargained premises, with the hereditaments and appurtenances. TO HAVE AND TO HOLD the said premises above bargained and described with the appurtenances, unto the grantees, the grantees' heirs and assigns forever. And the grantor, for the grantor, the grantor's successors and assigns, does covenant and agree that grantor shall WARRANT AND FOREVER DEFEND the above -bargained premises in the quiet and peaceable possession of the grannies, the grantees' heirs and assigns, against all and every person or persons claiming the whole or any part thereof, by, through or under the grantor. IN WITNESS WHEREOF, the grantor has executed this deed on the date set forth above. 1 €:1111uFi11I11[[ll [l .. Eagle Peak Perms, Ltd., a Colo limited partnership W ven peer, General Partner SKID, Inc. LG SKL15975 WE 2476443-7.996.001 2476443 B-1532 P-316 02/14/96 03:37' PG 2 OF 29 STATE OF COLORADO ) ) 5s. COUNTY OF BOULDER ) The foregoing instrument was acknowledged before me this 13th day of February, 1996, by EaglePeak Farms, Ltd., a Colorado limited partnership, by Walrsven Ketegapper, as g neral.,.. o partner. Witness my hand and official seal. �.. My commission expires: 2 Notary SIQ,D, Inc. LG SKL15975 WE 2476443-1996.002 , 247644, B-1532 P• 316 02/14/96 03:37P PG 3 car 29 EXHIBIT A TO THE SPECIAL WARRANTY DEED FROM EAGLE PEAK FARMS, LTD., A COLORADO LIMITED PARTNERSHIP TO PROSPECT VALLEY FARMS, LTD., A COLORADO LIImm PARS The property included within the Special Warranty Deed shall include the following described land, water rights, easements, rights -of -way and other interests in land, buildings, and other structures, but subject to the following deraibed limitations and restrictions on the land and water rights: RARf;FL,c.1 Parcel 2: The E1/2 of Section 30, Township 1 North, Range 63 West of the 6th P.M., Weld County, Colorado. Together with all and singular, the hereditament% and appurtenances thereto belonging, or in anywise appertaining; including, but not limited to, any and all textures, fences, any and all easements, rights -of --way, or other rights of access used in conjunction with the Property, ant and all growing crops, trees, shrubbery; and Together with.all water and water rights, ditches and ditch rights, reservoirs and reservoir rights, springs and spring rights, wells and well rights, both tributary and non -tributary and designated .and non -designated, on, under, appurtenant to, or used on the lands herein described, including but not limited to the following: the water rights represented by Well Permit No. 236-R, also referred to as Final Permit No. 31519 -FP, Well Permit No. 235-R, also referred to as Final Permit No. 31518 -FP, Well Permit No. 237-R, also referred to as Final Permit No. 31520 -FP. Well Permit No. 13205, and Well Permit No. 69377, and all interest in the Henrylyn Irrigation District and water rights within said District associated with or appurtenant to the land described above. Including any and all easements and rights -of -way associated with the water and water rights, including, but not limited to, easements and rights -of -way for the carriage of water to the Property, discharge of water from the Property, and storage of water off of the Property; and including all rtes, flumes, diversion structures and measuring structures, pumps, meters and other property used in delivering water to the Property and measuring water used on the Property, and specifically including, (A) the pipeline for irrigation water as reserved in the deed recorded on March 19, 1975, as Reception No. 1656259; (B) the easements described in the documents recorded at Book 1028, Reception No. 01965008, Book 570, Reception No. 1491695, and Book 3 ,1111niM[MQNNF1 II iI I I III! GELD, Inc. LG SKL15975 NE 2476443-1996.003 2476443 B-1532 P-316 02/14/46 Ud:37F' £'G 4 OF 29 1057, Reception No. 01997476, in the offices of the Weld County Clerk and Recorder, and said easements shall be subject to documents recorded February 20, 1922 in Book 672 at Page 154, and March 5, 1970 in Book 621 as Reception No. 1543408, and any applicable amendments; and Together with any and all personal property, fixtures and other items used in conjunction with or associated with the foregoing property, and specifically including all well pumps and irrigation equipment; and Together with all minerals of whatever kind or character, including but not limited to, all oil and gas and constituents thereof, gravel, sand and coal, in, under and upon or that might be produced from the described lands; including, but not limited to, an interest in the Oil and Gas lease -between William C. Busch and Sally R. Busch, as Lessors and Donald 1. Foster, as Lessee, for a primary term of two years, dated October 25, 1980, and recorded October 30, 1980 in Book 918 as Reception No. 1840202, and any interest therein or rights thereunder; and the extension of the said lease as claimed by Affidavit of Production, filed pursuant to Section 38-42-106, C.R.S., by Griffin Oil and Gas, Inc., and recorded August 15, 1983 in Book 1004 as Reception No. 1937115, and the ratification of the Oil and Gas Lease dated November 21, 1980 and signed by William C. Busch and Sally R. Busch and Robert J. Busch and Rubi L. Busch, and the Extension of Orland Gas Lease dated February 8, 1982 and signed by William C. Busch and Sally R. Busch and Robert J. Busch and Rubi L. Busch; except for an undivided one-half interest in all oil, gas and minerals underlying the E1/2 of Section 30, Township 1 North, Range 63 West of the 6th P.M. as retained in a deed recorded in Book 734, Reception No. 1656259, in the Books and Records of the Weld County Clerk and Recorder. The Property is subject to the foregoing and the following restrictions and limitations: 1, Rights of way for county roads 30 feet wide on each side of Section and Township lines, as established by Order of the Board of County Commissioners for Weld County, recorded October 14, 1889 in Book 86 at Page 273. (Affects all of subject property) 2. Reservations of (1) right of proprietor of any penetrating vein or lode to extract his ore; and (2) right of way for any ditches or canals constructed by authority of United States, in U.S. Patent recorded April 5, 1911 in Book 131 at Page 425. (Affects NE1/4 Section 30) 3. Reservation of right of way for any ditches or canals constructed by authority of United States, in U.S. Patent recorded November 25, 1916 in Book 385 at Page 192. (Affects SE1/4 Section 30) 4. Easement and right of way to construct, operate and maintain an electric transmission line, with all poles, cross arms, cables, wires, guys, supports, fixtures i71�U01III�Q I1H[ . IT 4 I Hill I•I SKIM, Inc. LG SKL15975 NZ 2476443-1996.004 2476443 B-1532 P-31.6 02/14/96 .03:37P PG 5 DP 29 and devices, as granted to the United States of America by Allen G. Abbott, in the instrument recorded March 15, 1951 in Book 1297 at Page 529, affecting the following described property: Beginning at a point on the West line of said N131/4, Section 30, being 1421 feet South of the North quarter -comer of said Section 30; thence S89°57'13 a distance of 2717.3 feet, mate or less, to a point on the East line of said NE1/4, being 1434.5 feet South of the Northeast corner of said Section 30. Said easement being 37.5 feet of either side of the herein above described centerline. 5. Easement and right of way for the delivery of water, as granted to William R. Bell and Carol C. Bell by Eagle Peak Farms, Ltd., a Colorado limited partnership, recorded June 23, 1995 in Book 1498 as Reception No. 2443834, affecting the following described property: West 3D feet of the E1/2 of Section 30. 6. Easements on behalf of Mountain Bell Telephone Company, recorded October 1, 1981 in Book 949 as Reception No, 1870705; Colorado Interstate Gas Company, recorded August 31, 1984 in Book 1041 as Reception No. 1979784; Associated Natural Gas, Inc., recorded April 10, 1981 in Book 1229 as Reception No. 2175917; Public Service Company of Colorado, recorded November 9, 1981 in Book 952 as Reception No. 1874084; Western Slope Gas Company, recorded Mardi 9, 1983 in Book 990 As Reception No. 1919757; and Western Gas Supply Company, recorded April 2, 1985, in Book 1063 as Reception No. 2004300. PAttCEL D: Parcel 1: All that part of Se don 27, Township 1 North, Range 63 West of the 6th P.M., Weld County, Colorado, lying North and West of Prospect lateral. EXCEPTING THEREFROM a parcel of land conveyed to The Henrylyn Irrigation District by deed recorded June 9, 1923 in Book 711 at Page 148, being more particularly described as follows; BEGINNING at the Northwest corner of Section 27, running thence East along the North line of said Section for a distance of 820 feet, thence South 1060 feet, thence West 820 feet, thence North 1060 feet to the POINT OF BEGINNING. ALSO EXCEL:TING THEREFROM aparcel of land conveyed by Deeds recorded February 21, 1948 in Book 1221 at Page 465, and recorded March 18, 1953 in Book 1352 at Page 249. 5 GRID, Inc. LG SKI.15975 'WE 2476443-1996.005 2476443 D 1532 P 316 02/14/96 03:37P PO 6 OF 29 Together with all and singular, the hercditaments and appurtenances thereto belonging, or in anywise appertaining; including, but not limited to, any and all fixtures, all other homes and buildings, mobile homes, barns, fences, any and all easements, rights -of -way, or other rights of access used in conjunction with the Property, any and ail growing crops, trees, and shrubbery; and Together with all water and water rights, ditches and ditch rights, reservoirs and reservoir rights, springs and spring rights, wells and well rights, both tributary -and non -tributary and designated and non -designated, on, under, appurtenant to, or used on the lands herein described, including but not limited to the following: The water rights represented by Well Permit No. 12123 -FP (former Permit No. 12123-R), Well Permit No. 12124 -FP (former Permit No. 12124-R), the Carder - Bright Well, the A. P. Jackson Well, and the William Vogt South Well and any and all easements, rights of way and appurtenances thereto as evidenced by instruments recorded February 21, 1948 in Book 1221 at Page 465, and recorded March 15, 1953 in Book 1352 at Page 249 (Affects Section 27); and All interest in the l%trylyn Irrigation District and water rights within said District associated with or appurtenant to the land described above; Including any -and all easements and rights -of -way associated with the water and water rights, including, but not limited to, easements and rights -Of -way for the carriage of water to the Property, discharge of water from the Pic naty, and storage .of water off of the Property; and including all headgatce, flumes, diversion stnactures and measuring structures, pumps, meters and other property used in delivering water to the Property and measuring water used on the Property; Together with any and ail personal property, fixtures and other items used in conjunction with or associated with the foregoing property, and -specifically including all well pumps and irrigation equipment; and Together with all minerals of whatever kind or character owned by the grantor, including but not limited to, all oil and gas and constituents thereof, gravel, -sand and coal, in, under and upon or that might be produced from the described lands now owned or hereafter acquired; -and Together with and subject to all interest in the Contract dated June 4, 1936 between Z. F. Carder and Vester Carder and W. H. Bright and John D. Bright, as recorded on January 20, 1940 in Book 1056 at Page 119. The Property is subject to the following restrictions and limitations: 6 ;11 1®l11� 1I IE T[ U I I III! SKLD, Xne. LO SKL15975 WE 2476443-1996.006 2416443 t!-1532 P -3i6 02/14/96 03:37P PO 7 OF 29 1. Bights of way for County Roads thirty (30) feet wide on each side of Section and Township lines, as established by Order of the Beard of County Commissioners for Weld County, recorded October 14, 1889 in Book 86 at Page 273. 2. Reservations by the Union Pacific Land Company of (1) all oil, coal and other minerals underlying subject property, (2) the exclusive right to pwi for, mine and remove oil, coal and other minds, and (3) the right of ingress and egress and regress to prospect for, mine and remove oil, coal and other minerals, all as contained in Deed recorded October 5, 1904 in Book 217 at Page 218. 3. Easement and right of way for construction, use and maintenance of an irrigation ditch, and ingress and egress and regress, from ditch:and pumping plant purposes granted to Arthur P. Jackson, Sr. by Venter Carder and Lucile Carder by instrument recorded February 21, 1948 in Book 1221 at Page 465 and March 15, 1953 in Book 1352 at Page 249, of said deeds, in which the specific location of the easement is not defined. 4. Easement and right of way for Prospect Lateral, as evidenced by deed recorded May 10, 1921 in Book 650 at Page 12 in which the specific location is not defined. 5. Easement and right of way to construct, operate and maintain an electric transmissiortline, as granted to the United States of America by Venter Carder and Lucile Carder, Keenesburg, Colorado, in the instrument recorded May 10, 1951 in Book 1302 at Page 437, affecting the following described property: The South half of the Northwest quarter, and that part of the Northeast quarter lying North and West of Prospect Lateral, Section 27, Township I North, Range 63 West of the 6th P.M. The center line of the route of said line of poles and wires to be erected across said lands shall be as follows: Beginning at a point on the West line of said S112 NW1/4, Section 27, being 1463 feet South of the Northwest corner of said Section 27; thence South 89°54' East a distance of 3965.5 feet, more or less, to a point on the center line of said Prospect Lateral, whence the Northwest corner of said Section 27 bears North 69°39' West 4226 feet. Said easement being 37.5 feet on either side of the centerline. 6. The property is also subject to the following easements, the precise location of which is not specified: (a) Mountain Bell Telephone Company, recorded October 1, 1981 in Book 949 as Reception No. 1870705; (b) Colorado Interstate Gas Company, recorded August 31, 19M in Book 1041 as Reception -No. 1979784; (c) Associated Natural Gas, Inc., recorded April 10, 1989 in Book 1229 as Reception No. 2175917; 7 -11.1111>11111II I Ic [Il 1i I — 1 I f 111 SHIM, Inc. LG SKL15975 WE 2476443-1996.007 2476443 2-1532 P-316 02/14/96 03437P PG 8 or 29 (d) Public Service Company of Colorado, recorded November 9, 1981 in Book 952 as Reception No. 1874084; (e) Western Slope Gas Company, recorded March 9, 1983 in Book 990 as Reception No. 1919757; and (t) Western Gas Supply Company, recorded April 2, 1985 in Book 1063 as Reception No. 2004300. 7. Terms, agreements, provisions, conditions and obligations as contained in Memorandum of Surface Damage Agreement by and between Eagle Peak Farms, Ltd., a Colorado Limited Partnership and Snyder Oil Corporation recorded July 21, 1994 in Book 1451 as Reception No. 02398575. 8. Terms, agreements, provisions, conditions and obligations as contained in Surface Owner's Agreement by and between Eagle Peak Farms, Ltd., a Colorado Limited Partnership and Union Pacific Resources Company recorded August 1, 1994 in Book 1453 as Reception No. 2400222. 9. Right of way, whether in fee or easement only, for a pipeline and appurtenances, as granted to Amoco Pipeline company, a Maine Corporation by Eagle Peak Fauns, Ltd., a Colorado Limited Partnership, recorded December 8, 1995 in book 1521 as Reception No. 2466831, as more particularly described in said instrument. PARCEL F:F: Parcel 1; All of the North Half (N1/2) of Section 23, Township 1 North, Range 63 West of the 6th P.M., Weld County, Colorado. EXCEPTING therefrom a parcel of land as conveyed to Weld County by Deed recorded June 27, 1922 in Book 622 at Page 443; ALSO EXCEPTING therefrom a parcel of land as conveyed to the State Department of Highways, Division of Highways, State of Colorado by deed recorded August 30, 1990 in Book 1274 as Reception No. 02225396 and Corrective Deed recorded December 26, 1990 in Book 1285 as Reception No. 02236724. P-areel2: The North 1&.112 feet of the Southeast Quarter (SE1/4) of Section 22, Township 1 North, Range 63 West of the 6th P.M., Weld County, Colorado. Together with all and singular, the hereditaments and appurtenances thereto belonging, or in anywise appertaining; including but not limited to, any and all fixtures, all other homes and buildings, mobile homes, barns, fences, any and all easements, rights -of -way, or other rights of access used in conjunction with the Property, any and all growing crops, trees, and shrubbery; and a THINEMI 111111 I4 71 IF S CLD, Inc. LG SKL15975 VZ 2476443-1996.008 2476443 n-1532 P-316 02/14/96 03:3lP I'(s 9 (lie 29 Together with all water and water rights, ditches and ditch rights, reservoirs and reservoir rights, springs and spring rights, wells and well rights, both tributary and non -tributary and designated and non -designated, on, under, appurtenant to, or used on the land herein described, including but not limited to the following: The water rights represented by irrigation well Permit No. 31526 -FP (former Permit No. 4477-R), which right was also adjudicated as Underground Water Well, State Engineer Permit No. 4477, in the District Court for Weld County, Colorado, Civil Action No. 16704, -No. 382 by the Findings and Decree dated March 26, 1971, and by irrigation well Permit No. 31527 -FP (former Permit No. 4476-R), which right was also adjudicated as Underground Water Well, State Engineer Permit No. 4478, in the District Court for Weld County, Colorado, Civil Action No. 16704, No. 382, by the Findings and Decree dated March 26, 1971, and by small capacity well Permit No. 76464; All interest in the Henrylyn Irrigation District and water rights within said District associated with or appurtenant to the land described above. Including any and all easements and rights -of -way associated with the water -and water rights, including, but not limited to, easements and rights -of -way for the carriage of water to the Property, discharge of water from the Property, and storage of water off of the Property, and specifically including without limitation: The License for -an eight -inch (8') aluminum irrigation pipe across the county road existing between Sections 22 and 23, Township 1 North, Range 63 West of the 6th P.M.. Weld County, Colorado, said pipe traversing the county road from the Northeast Corner of the Southeast Quarter (SEIl4) of said Section 22 to the Southwest Corner of the Northwest Quarter (NWI/4) f4) of said Section 23, as granted by The Board of County Commissioners, Weld County, Colorado .to Leonard Baumgartner, and as conveyed to Dave and Crete I. Baumgartner by the Warranty Deed in Joint Tenancy recorded September 15, 1969 in Book 615, Reception No. 1536793, wherein the date of said License is stated to be March 19, 1969; including all headgates, flumes, diversion structures and measuring structures, pumps, motors, meters -and other property used in delivering water to the Property and measuring water used on the Property; Together with any and all personal property, fixtures and other items used in conjunction with or associated with the foregoing property, and including without limitation, all well pumps, motors and irrigation equipment; 9 �iRlillIllill1C 111 d 1 I i I1I SKID, Inc. LG SKL15975 NE 2476443-1996.009 2476443 B-1542 1D --:i16 02/14/96 03:37P lat.4 10 OF 29 Together with all minerals of whatever kind or character, including but not limited to, all oil and gas and constituents thereof, gravel, sand and coal, in, under and upon or that might be produced from the described lands, now owned or hereafter acquired. The property is subject to the following limitations and restrictions: 1.. Mineral Deed and Royalty Conveyance from Ben H. Bregg and Artie P. Gregg to Ben H. Gregg, Jr. and Jane G. Wallower recorded April 28, 1966 in Book 566, under Reception No. 1487904, Weld County Records, conveying an undivided 2/12 interest in and to all of the oil, gas, and other minerals in and under, and that may be produced from said land. (Parcels 1 and 2) 2. Mineral Deed from Ben H. Gregg and Artie P. Gregg to Mark Vaughan Gregg, Kent Bradley Gregg -and Gwendolyn lane Gregg recorded April 28, 1966 in Book 566, under Reception No. 1487905, Weld County Records, conveying an undivided 1/12 interest in and to all of the oil, gas, and other minerals in and under, and that may be produced from said land. (Parcels 1 and 2) 3. Mineral Deed from Union Pacific Land Resources Corporation to Champlin Petroleum Company recorded March 24, 1972 in Book 664, under Reception Number 1586146, Weld County Records, conveying all interest in and to all of the oil, gas (gaa, casinghead gas, distillate, condensate, helium and all other gaseous substances) & associated liquid hydrocarbons in and under, and that may be produced from said land. Said interest being reconveyed to Union Pacific Land Resources Corporation in Quit Claim Deed recorded on June 6, 1977 in Book 799 under Reception No. 1720995, Weld County Records. (Parcel 1) 4. Mineral Deed from Union Pacific Land Resources Corporation to Champlin Petroleum Company recorded January 25, 1978 in Book 821, under Reception Number 1742593, Weld County Records. (Parcel l ) 5. Oil and gas lease executed by Champlin Petroleum Company, as lessor, and Amoco Production Company, as lessee, recorded January 25, 1978 in Book 821, under Reception Number 1742594, Weld County Records. (Parcel 1) 6. Quit Claim of Right of Way and Surface Lease granted to Snyder Operating Partnership L.P. by instrument recorded August 5, 1987 in Book 1165, under Reception Number 2109449, Weld County Records. (Parcel 1) Estoppel of Ground Lessor on the foregoing Quit Claim of Right of Way and Surface Lease as recorded on December 28, 1989 in Book 1252 under Reception No. 221215. 10 uIIllh1I,1il 1 a I I III SKID, Inc. LG SKL15975 WE 2476443-1996.010 2476443 B-1532 P-316 02/14/96 03:37P PO 11 OF 29 7. Right of Way for county roads 30 feet wide on either side of section and township lines, as established by the Board of County Commissioners for Weld County, recorded October 14, 1889 in Book 86 at Page 273, Weld County Records. 8. A Condition contained in the United States Patent recorded July 3, 1902 in Book 201, at Page 60, Weld County Records, which.states as fellows: "Yet excluding and excepting from the transfer, by these presents, 'All mineral rands' should any such be found to exist in the tracts described in the foregoing, but this exclusion and exception according to the terms of the statute, 'shall not be construed to include coal and iron land'." (Parcel 1) 9. Reservation as contained in instrument from The Union Pacific land Company to AMC Rhys dated August 25, 1908, recorded September 19, 1908 in Book 233 at Page 164, Weld County Records, which is as follows: "EXCEPTING AND RESERVING: FIRST: All coal and other minerals within or underlying said lands. SECOND: The exclusive right to prospect in and upon said land for coal and other minerals, therein or which may be supposed to be therein, and to urine for and remove from said land all coal and other minerals which may be found thereon by anyone. THIRD: The right of ingress, egress and regress upon -mid land to prospect for, mine and remove any and all such coal or other minerals and the right to use so much of said land as may be convenient or necessary for the right of way to and from such prospect places, mines, and for the convenient and proper operation of such prospect places, mines and for roads and approaches thereto, or for removal therefrom of coal, mineral, machinery or other materials. FOURTH: The right to Union Pacific Railroad Company to maintain and operate its railroad in its present form of construction or method of -operation of said railroad and to make any change in the form of construction or method of operation of said Railroad." (Parcel 1) 10. Deed fora 70 foot road on the West side of the Northwest Quarter as granted to Prank B. Mulvihill by instrument recorded June 6, 1922 in Book 622, at Page 428, Weld County Records. Said strip of land conveyed in Deed to Weld County recorded on June 27, 1922 in Book 622 at Page 443 of the Weld County Records. (Parcel 1) 11. A Condition contained in the United States Patent recorded March 12, 1924 in Book 677, at Page 86, Weld County Records, which states as follows: "Subject to any vested and accrued water rights for mining, agricultural, manufacturing or other purposes, and right to ditches and reservoirs used in connection with such water rights, as may be recognized and acknowledged by the local customs, laws and decisions of Courts; and there is reserved from the lands hereby granted, a 11. iiiii1 IiIII1II :Ii k SKID, Inc. LO 9KT,15975 WE 2476443-1996.011 2476443 E -15:l2 P--316 02/14/96 OS:31P la4.4 12 OF 29 right of way thereon for ditches or canals constructed by the authority of the United States." (Parcel 2) 12. Reservation of an undivided one-half of all oil, gas, and minerals underlying subject property, as =saved by The Federal Land Bank of Wichita, in instrument recorded May 14, 1941 in Book 1078, at page 580 of the Weld County Records. (Parcel 2) 13. Mineral Deed and Royalty Conveyance from Ben H. Gregg and Artie P. Gregg to Mark P. Gregg, Ben H. Gregg, Jr. and Jane G. Wallower, dated December 22, 1950, and recorded January 5, 1951 in Book 1291, at page 62 of the Weld County Records, conveying an undivided 3/4 interest in and to all of the oil, gas, -and other minerals in and under, and that may be produced from said land. (Parcels 1 and 2) 14. Oil and gas lease dated December 18, 1981 executed by Dave Baumgartner and Crete Baumgartner, as lessor, and Centennial Petroleum, Inc., as lessee, recorded January 6, 1982 in Book 958, under Reception Number 1879090, Weld County Records, for a primary term of Two (2) years, and as long thereafter as oil, gas, other hydrocarbons, or other minerals is produced from said land hereunder, or drilling or reworking operations are conducted thereon. (Parcel 2) 15. Terms, agreements, provisions, conditions and obligations as contained in Surface Owner's Agreement by and between Eagle Peak Farms, Ltd., a Colorado Limited Partnership and Union Pacific Resources Company recorded September 2, 1992 in Book 1349 as Reception No. 02302142. (Affects Parcel 1) 16. Terms, agreements, provisions, conditions and obligations as contained in Agreement by -and between Eagle Peak Rums, Ltd., and Lomita Operating Company recorded January 19, 1993 in Book 1367 as Reception No. 02318677. (Affects Parcel 1) 17. Easement and right of way for pipeline and other appurtenances, as granted to Snyder Oil Corporation by Eagle Peak Farms, Ltd., in the instrument recorded April 23, 1993 in Book 1380 as Reception No. 02330230, the location of which is shown in the map attached to said instrument. (Affects Parcel 1) 18. Terms, agreements, provisions, conditions and obligations as contained in Memorandum of Surface Damage Agreement by and between Eagle Peak Farms, Ltd., a Colorado Limited Partnership and Snyder Oil Corporation recorded July 21, 1994 in Book 1451 as reception No. 02398575. (Affects Parcel 1) 12 „ MINIM ILftII€ .I.4 if SKID, Inc. LG SKL15975 WE 2476443-1996.012 2476443 n-1532 P-316 02/1,4/96 03:3'IP PO 13 UP 29 19. Terms, agreements, provisions, conditions and obligations as contained in Surface Owner's Agreemart by and between Eagle Peak Farms, Ltd., a Colorado Limited Partnership and Union Pacific Resources Company recorded July 25, 1994 in Book 1452 as Reception No. 02398961. (Affects Parcel 1) The following general notices of undergrowxl facilities have been filed pursuant to Section 9-1.5-103, C.R.S.: a) Mountain Bell Telephone Company, recorded October 1, 1381 in Book 949 as Reception No. 1870705. b) Associated Natural Gas, Inc., recorded July 20, 1984 in Boot 1037 as Reception No. 1974810. c) Colorado Interstate Gas Company, recorded August 31, 1984 in Book 1041 as Reception No. 1979784. d) Public Service Company of Colorado, recorded November 9, 1981 in Book 952 as Reception No. 1874084. e) Western Gas Supply Company, recorded April 2, 1985 in Book 1063 as Reception No. 2004300. FARM, G; Lot B of Recorded Exemption No. 1477-09-2RE1514, recorded October 18, 1993 in Book 1407 as Reception No. 02355469, being a part of the NW1/4 of Section 9, Township 1 North, Range 63 West of the filch P.M., County of Weld, State of Colorado. Together with all and singular, .the hurditaments and appurtenances thereto 'belonging, or in anywise appertaining; including but not limited to, any and all fixtures, all other homes and buildings, mobile homes, barns, fences, any and all casements, rights -of -way, or other rights of access used in conjunction with the Property, any and all growing crops, trees, and shrubbery; and Together with all water and •water rights, ditches and ditch rights, reservoirs and reservoir rights, springs and spring rights, wells and well rights, both tributary and non -tributary and designated and non -designated, on, under, appurtenant to, or used on the land herein described, including but not limited to the following: the water rights represented by Final Permit No. 31595 FP (formerly Permit No. 11587- R); and All interest in the Marylyn Irrigation District and water rights within said District associated with or appurtenant to the land described above. 13 11lI51l ill 4I I It LI it ! 11. I F SKLD, Inc. LG 9KL15975 WE 2476443.1996.013 2476443 B-1532 P-316 02/14/96 03:37P 1i 14 OF 29 Including any and all easements and rights -of -way associated with the water and water rights, including, but not limited to, easements and rights -of -way for the carriage of water to the Property, discharge of water from the Property, and storage of water off of the Property; and specifically including the irrigation well and easement and right -of way on, across and under the Southwest Quarter (SW114) of Section 9, Township 1 North, Range 63 West of the 6th P.M., as reserved unto John W. Meyers, Ir., and William B. Phillips in a Warranty Deed recorded December 13, 1979 in Book 890, Reception No. 1811818 for the irrigation well designated by Permit No. R -11587R (now Final Permit No. 31595 -PP), together with permanent access for ingress and egress to said well on the existing east -west farm road to operate, repair, maintain, re drill and/or replace said well, the underground pipeline from said well, which supplies water from said well to the Northwest Quarter (NW1/4) of Section 9, Township 1 North, Range 63 West of the 6th P.M., subject to provisions set out in above mentioned Warranty Deed; and including all hcadgatea, flumes, diversion structures and measuring structures, pumps, motors and other property used in delivering water to the Property and measuring water used on the Property; and Together with any and all personal property, fixtures and other items used in conjunction with or associated with the 'foregoing property, and specifically including all well pumps and irrigation equipment; and Together with all minerals of whatever kind or character, including but not limited to, all oil and gas and constituents thereof, gravel, sand and coal, in. under and upon or that might be produced from the described lands, now owned or hereafter acquired. Together with the reservations and exceptions from the conveyance from Bogle Peak Farms, Ltd., a Colorado limited partnership, to William F. Kramer and Wanda P. Kramer by a Warranty Deed dated November 12, 1993, and recorded oar November 15, 1993, as Book 1412, Reception No. 02359735, of the books and records of the Weld County Clerk and Recorder, pertaining to the following described land: Lot A of Recorded Rxemption-No. 1477.09-28131514, 'recorded October 18, 1993 in Book 1407 as Reception No. 02355469, being a part of the-NW114 of Section 9, Township 1 North, Range 63 West of the 6th P.M., County of Weld, State of Colorado. The reservations and exceptions are more particularly described as follows: All water and water rights, ditches and ditch rights, reservoirs and reservoir rights, springs and spring rights, wells and well rights, both tributary and non -tributary and designated and non -designated, on, under, appurtenant to, or used on the following described land, which is hereinafter referred to as "the Property", which is described as the Northwest Quarter (NWI/4) of Section 9, Township 1 North, Range 63 West of the 6th P.M., except the land described as Lot A above, including but not limited to the following: 14 ' 111•a1�1I111i11 n SKLD, Inc. LG SKL15975 WE 2476443-1996.014 2476443 B-1532 P-316 02/14/96 03:3'1i, 1'G 15 OF 29 The water rights represented by Final Permit No. 31595 -FP (formerly Permit No. 11587- R) issued by the Colorado Ground Water Commission; -and All interest in the Henrylyn Irrigation District and water rights within said District associated with or appurtenant to the Property. Including any and all easements and rights -of -way associated with the water and water rights, including, but not limited to, easements and rights -of -way for the carriage of water to the Property, discharge of water from the Property, and storage of water off of the Property, and specifically including the irrigation well and easement and right -of way on, across and under the Southwest Quarter (SW 1/4) of Section 9, Township 1 North, Range 63 West of the 6th P.M., as reserved unto John W. Meyers, Jr., and William B. Phillips in a Warranty Deed recorded December 13, 1979 in Book 890, Reception No. 1811818 for the irrigation well designated by Permit No. R--11587 (now Final Permit No. 31595 - FP), together with permanent access for ingress and egress to said well on the existing east -west faun road to operate, repair, maintain, re -drill and/or replace said well and the underground pipeline from said well which supplies irrigation water to the Northwest Quarter (NW1/4) of Section 9, Township I North, Range 63 West of the 6th P.M., and is further set forth in said Warranty Deed; and including all headgatcs, flumes, diversion structures and measuring structures, pumps, motors and other property used in delivering water to the Property and measuring water used on the Property; Together with any and all personal property, fixtures and other items used in conjunction with or associated with the Property, and specifically including all well pumps and irrigation equipment. Grantor further reserves and excepts from this conveyance a right-of-way and easement on and across the land conveyed by this Deed for ingress and egress to the Property. The land conveyed by this Deed may be traversed with vehicles of any type or description for the use and benefit of the Property. The property is subject to the following restrictions and limitations: 1. Rights of way for county roads 30 feet wide on each side of Section and Township lines, as established by Order of the Board of County Commissioners for Weld County, recorded October 14, 1889 in Book 86 at Page 273. 2. Right of way and easement for "Enlargement of The D.A. Ford Reservoir No. 4" as evidenced by Statement filed August 26, 1907 as No. 121990. Describes win NWl/4 and NE1/4 of NW1/4, Section 9, Township 1 North, Range 63 West of the 6th P.M. (with other lands). 15 3111111 E[ . N 1 7 .I Lill Sra.D, Inc. LG SrQ,15975 WE 2476443-1996.015 2476443 B 1532 P-316 02/14/96 03:37P PO 16 OF 29 3. Reservations by the Union Pacific Railroad Company of (1) all oil, coal and other minerals underlying subject property, (2) the exclusive right to prospect for, mine and remove oil, coal and other minerals, and (3) the right of ingress and egress and regress to prospect for, mine and remove oil, coal and other minerals, all as contained in Deed recorded November 29, 1907 in Book 233 at Page 128, and any interests therein or rights thereunder. 4. Easement and right of way for railroad purposes, as granted to The Chicago, Burlington & Quincy Railroad Company by Charles B. Christy, in the instrument recorded July 9, 1925 in Book 779 as Reception No. 465364, affecting the following described property: A strip of land 50 feet wide on the Westerly side of and adjoining the center line of the beet spur track of the railroad of said railroad company as now surveyed, over and across the El/2 of the W1/2 of Section 9, Township 1 North, Range 63 West of the 6th P.M., and a strip of land 50 feet wide on the Easterly side andadjoining said center line of the railroad over and across the W1/2 of the NB1/4 of said Section 9. It is also stipulated that if this land hereby conveyed shall cease to be used for railroad purposes in that event it shall revert to this grantor. 5. Easement and right of way for road purposes, as granted to Weld County, Colorado by Fred Durbin, in the instrument recorded March 25, 1931 in Book 911 at Page 64, affecting the following described property: A strip of ground 10 feet wide it being all of the South 10 feet of the North 40 feet of the Nl/2, Section 9, Township 1 North, Range 63 West of the 6th P.M. 6. Terms, agreements, provisions, conditions and obligations as contained in Surface Owner's Agreement by and between Eagle Peak Farms, I.td., and Union Pacific Resources Company recorded May 22, 1992 in Book 1337 as Reception No. 02288934. 7. A 30 feet wide access, utility, water well and water line Fasement over the Northwesterly portion of subject property as •shown on Recorded Exemption No. 1477-09-2-R131514, recorded October 18, 1993 in Book 1407 as Reception No. 02355469, )PARCEL Ut The West One -Half (W1/2) of Section 35, Township 2 North, Range 63 West of the 6th P.M., in Weld County, Colorado. 16 ,-lhtIIl®I][1llllE .lei I I I 1 I I1 SICLD, Inc, LG SKLJ.5975 WE 2476443-1996.016 2476443 B-1532 P-316 02/14/96 03:37P PG 17 OF 29 Together with all and singular, the hereditarnents and appurtenances thereto belonging, or in anywise appertaining; including, but not limited to, any and all fixtures, fences, any and all easements, rights -of -way, or other rights of access used in conjunction with the Property, any and all growing crops, trees, and shrubbery; and Together with all water and water rights, ditches and ditch rights, reservoirs and reservoir rights, springs and spring rights, wells and well rights, both tributary and non -tributary and designated and non -designated, on, under, appurtenant to, or used on the lands herein described, including but not limited to the following: the water rights represented by Well Permit Nos. 1711 -FP (formerly 1771-R), 1772 -PP (formerly 1772-R), 1773 -FP (formerly 1773-R) and 1774 -FP (formerly 1774-R); and all interest in the Henrylyn Irrigation District and water rights within said District associated with or appurtenant to the land described above; Including any and all easements and rights -of -way associated with the water and water rights, including, but not limited to, easements and rights -of -way for the carriage of water to the Property, discharge of water from the Property, and storage of water off of the Property; and including all headgates, flumes, diversion structures and measuring structures, pumps, motors, meters and other property used in delivering water to the Property and measuring water used on the Property; Together with any and -all personal property, fixtures and other items used in conjunction with or associated with the' foregoing property, and specifically including all well pumps and irrigation equipment; Together with all minerals of whatever kind or character, now owned or hereafter acquired, including but not limited to, all oil and gas and constituents thereof, gravel, sand and coal, in, under and upon or that might be produced from the described lands. The property is subject to the following restrictions and limitations: 1. Rights of way for county roads 30 feet wide on each side of Section and Township lines, as established by Order of the Board of County Commissioners for Weld County, recorded October 14, 1889 in Book 86 at Page 273. 2. 'Reservation of right of way for any ditches or canals constructed by authority of the United States, in U.S. Patent recorded September 12, 1916 in Book 385 at page 185. 17 1i1LlIUUII�IIIIL [1 1 HIM IIM SKID, Inc. LG SEL15975 WE 2476443-1996.017 2476443 B-1532 P. 316 02/14/96 03:37P PG 18 OF 29 3. Easement and right of way for an electric transmission line and other appurtena.nces, granted to the United States of America by The Weicker Investment Company, a Colorado Corporation by instrument recorded December 6, 1944 in Book 1145 at Page 353', in which the .specific location of the easement is not defined. (Affects the NWI/4 NWI/4 of Section 35) 4. Easement and right of way for a right of way 60 feet in width located in the SW1/4SW1/4 Section 35, Township 2• North, Range 63 West, granted to Phillips Petroleum Company by Weicker Investment Company by instrument recorded March 24, 1975 in Book 735 as Reception No. 1656542, in which the specific location of the easement is not defined. (Affect' the SW1/4 SW1/4 of Section 35) 5. Oil and gas lease between Eagle Peak Farms, Ltd., a Colorado Limited Partnership and 1. Michael McGhee dated December 15, 1993, recorded June 15, 1994 in Book 1446 .as Reception No. 02393566, and any interests therein or rights thereunder. PARCEL It Parcel 1: The N112 of the NE1/4 and the SW1/4 of the NEI/4 of Section 32, Township 2 North, Range 63 West of the 6th P.M., in Weld County, Colorado EXCEFr the East 15 feet of the SW114 of the NE1/4 thereof. Parcel 2: The S1/2 of Section 33, Township 2 North, Range 63 West of the 6th P.M., in Weld County, Colorado Parcel 3: The NEI/4, the W1/2 of the SE1/4 and the SE1/4 of the NW1/4 of Section 4, Township 1 North, Range 63 West of the 6th P.M., in Weld County, Colorado EXCEPTING THEREFROM a parcel of land conveyed by deed recorded September 2, 1948 in Book 1233 at Page 516, described as follows: 13FG1NNING at a paint 47.6 feet East and 30 feet South of the Northwest Corner of said •NE1/4 of said Section 4, said point being the intersection of South boundary line of County Road and East right of way line of the Chicago, Burlington & Quincy Railroad; thence N88054`E on said South boundary line of said County Road, 110.02 feet to a point; thence South parallel with said East right of way line of said Railroad, 1121.7 feet to a point; thence S511'55' W, 139.75 feet to a point on said East right of way line of said Railroad; -thence North on said East right of way line of said Railroad 1210.0 feet to the POINT OF BEGINNING. 18 �I�[�IIQtIE1I (I I;I 1 - -1 11111 SKLD, Inc. LG SKL15975 WE 2476443-1996.018 2476443 B-1532 P-316 02/14/96 03:37P Pa 19 OF 29 EXCBFTINC THEREFROM parcels of land as conveyed by deeds recorded in Book 779 at Pages 231, 246 and 389. And specifically including, but not limited to, a parcel of land located in the Northeast Quarter (NB1/4) of the Northeast Quarter (NB1/4) of Section 4, Township 1 North, Range 63 West of the 6th F.M., which parcel is more particularly described as follows: A 10 foot by 10 foot tract of which the Northeast corner thereof lies 206 feet South and 54 feet West of the Northeast corner of Section 4, Township 1 North, Range 63 West of the 6th P.M., Weld County, Colorado. Together with the easement and right of way associated with said parcel, all of which is set forth in the Basement recorded March 22, 1984 in Book 1024, Reception No. 1960174 with the Clerk and Recorder of Weld County. Together with all and singular, the dity ne nts and appurtenances thereto belonging, or In anywise 41 pertaining; including but not limited to, -any and all fixtures, fences, any and all easements, rights -of -way, or other rights of access used in conjunction with the Property, specifically including, but not limited to, all right and interest in the Agreement dated June 7, 1951 between Frank A. Neill and Rispah A. Neill, Clarence O. Byrnes and Annie Faye Byrnes, and H. B. Crow, recorded August 13, 1951 in Book 1309, Page 220, Reception No. 1112303 with the Clerk and Recorder of Weld County, and the Agreement dated June 7, 1951 between Clarence O. Byrnes and Annie Faye Byrnes, and H. B. Crow, recorded August 13, 1951 in Book 1309, Page 224, Reception No. 1112304 with the Clerk and Recorder of Weld County; and any and all growing crops, trees, and shrubbery; and Together with all water and watrrrights, ditches and ditch rights, reservoirs and reservoir rights, springs and spring rights, wells -and well rights, both tributary and non -tributary and designated and non -designated, on, under, appurtenant to, or presently used on the land herein described, including but not limited to the following: The water rights represented by Final Permit No. 31654 -FP, formerly Well Permit No. 16248-R; the water rights represented by Final Permit No. 31653 -FP, formerly Well Permit No. 16247-R; the water rights represented by Final Permit No. 31652 FP, formerly Well Permit No. 16246-R; the water rights represented by Final Permit No. 31612 -FP, formerly Well Permit No. 12315-R; the water rights represented by Feral Permit No. 31536 -FP, formerly Well Permit No. 4548- R; the water rights represented by Final Permit No. 1730FP, formerly Well Permit No. R-1730; the water rights represented by Final Permit No. 173IFP, formerly Well Permit No. R-1731; The water rights represented by the small capacity, domestic wells designated by Permit Noe. 17940, 2598 and 22455, and the additional, small capacity, domestic 19 lfliHill 1.i StcLD, Inc. LG SKL15975 WE 2476443-1996.019 2476443 B-1532 P-316 02/14/96 O3:3IP PG 20 O? 29 well located on the Parcel 2 described above, and the additional, small capacity, domestic well located on the Parcel 3 described above; and All interest in the Henrylyn Irrigation District and water rights within said District associated with or appurtenant to the land described above. Including any and all easements and rights -of -way associated with the water and water rights, including, but not limited to, casements and rights -of --way for the carriage of water to the Property, discharge of water from the Property, and storage of water off of the Property; and specifically including, but not limited to, an easement approximately twenty (20) feet in width for a pipeline and ditch from the well designated by Final Permit No. 31612 -FP (formerly Permit No. 12315-R), which is located in the Northwest Quarter (NW1/4) of the Southeast Quarter (SB1/4) of Section 33, Township 2 North, Range 63 West of the 6th P.M. to the North Half (N1/2) of the Northeast Quarter (NEI/4) and Southwest Quarter (SW1/4) of the Northeast Quarter (NE114) of Section 32, Township 2 North, Range 63 West of the 6th P.M., which easement is approximately described as follows: Beginning at a point near the Northwest corner of the Southwest Quarter (SW 1/4) of Section 33, Township 2 North, Range 63 West of the 6th P.M., then West into the Northeast Quarter (NE114) of the Southeast Quarter (SE1/4) of Section 32, Township 2 North. Range 63 West of the 6th P.M., then North into the Southeast Quarter (SEl/4) of the Northeast Quarter (NB1/4) of Section 32, Township 2 North, Range 63 West of the 6th P.M., and parallel to the East section line of said Section 32 and West of Weld County Road 65, to a point near the East quarter corner of the Northeast Quarter (NE1/4) of said Section 32, which point is located on the East -.West centerline of the Northeast Quarter (NE1/4) of said Section 32. The approximate location of the easement is marked as "A" on Exhibit B to a General Warranty Deed recorded on March 23, 1990 at Book 1259, Reception No, 02208805; And also specifically including, but not limited to, two easements • approximately twenty (20) feet in width for a pipeline and ditch from the well designated by Final Permit No. 31654 FP (formerly Permit No. 16248-R), which is located in the Northeast Quarter (NBl/4) of the Northeast Quarter (NE1/4) of Section 4, Township 1 North, Range 63 West of the 6th P.M., to the South Half (S1/2) of Section 33, Township 2 North, Range 63 West of the 6th P.M.; and one easement is -approximately described as follows: The easement is across Weld County Road 14 and looted at a point beginning West approximately 300 feet from the Northeast corner of the Northeast Quarter (NE114) of Section 4, Township 1 North, Range 63 West of the 6th P.M., thence approximately 100 feet North. The approximate location of the easement is marked as "B" on Exhibit B to a General Warranty Deed recorded on -March 23, 1990 at Book 1259, Reception No. 02208805; 20 111111111 H! SKID, Inc. LG SEL15975 WE 2476443-1996.020 '2476443 8-1532 P-316 02/14/96 03::1!? 1 21 010 29 and the other easement is approximately described as follows: The easement crosses Weld County Road 67 and is located at a point beginning South approximately 300 feet from the Northeast corner of the Northeast Quarter (NE1/4) of Section 4, Township 1 North, Range 63 West of the 6th P.M., thence East approximately 100 feet into the Northwest Quarter (NW1i4) of Section 3, Township 1 North, Range 63 West of the 6th P.M., thence North approximately 250 feet, thence East approximately 200 feet, thence North approximately 300 feet into the Southwest Quarter (SW1/4) of Section 34, Township 2 North, Range 63 West of the 6th P.M., thence Northwest approximately 400 feet, thence North approximately 1450 feet, thence Northwest approximately 100 feet across Weld County Road 67 to the South Half (51/2) of Section 33, Township 2 North, Range 63 West of the 6th P.M. The approximate location of the easement is marked as .C. on Exhibit B to a General Warranty Deed recorded on March 23, 1990 at Book 1259, Reception No. 02208805; and including alliseadgates, flumes, diversion structures and measuring structures, pumps, motors, meters and other property used in delivering water to the Property and measuring water used on the Property; Together with any and all personal property, fixtures and other items used in -conjunction with or associated with the foregoing property, and specifically including all well pumps and irrigation equipment; and Together with all minerals of whatever kind or character, including but not limited to, all oil and gas and constituents thereof, gravel, sand and coal, in, under and upon or that might be produced from the described lands, now owned or hereafter acquired by the Grantor, subject to the restrictions and limitations hereinafter described. Any and all water and water rights associated with Final Permit Nos. 31572 -FP (formerly Permit No. 10046-R) and 31573 -FP (formerly Permit No. 10047R), which wells are permitted under the name of Julius A. Pluss, located in the Northeast Quarter (NBl/4) of the Southwest Quarter (SWI/4) of Section -4, Township 1 North, Range 63 West of the 6th P.M., and permitted to irrigate.land including part of the Northwest Quarter (NW1/4) of Section 4, Township 1 North, Range 63 West of the 6th P.M. The property is subject to the following restrictions and limitations: 1. Rights of way for County Roads thirty (30) feet wide -on each side of section and township lines, as established by Order of the Board of County Commissioners for Weld County, recorded October 14, 1889 in Book 86 at Page 273. 21 MMt1Eu V El SKLD, Inc. LO SKL15975 WE 2476443-1996.021 2476443 tt-1532 ?-j16 02/14/96 03i37P PG 22 01 29 2. Reservations made by the Union Pacific Railway Company in deed recorded September 30, 1907 in Book 233 at Page 117, and any and all assignments thereof or interests therein, providing substantially as follows: Reserving unto said Company and its assigns all coal that may be found underneath surface of land herein described and the exclusive right to prospect and mine same, also such right of way and other grounds as may appear necessary for proper working of any coal mines -that may be developed upon said premises, and for transportation of coal from same. (Affects 51/2 of Section 33) 3. Reservation of right of way for any ditches or canals constructed by authority of United States, in U.S. Patent recorded June 25. 1915 in Book 385 at Page 115 (AffectsSE1/4 NW1/4, NW1/4 SE1/4, SW1/4 NE1/4 and Lot .4 of Section -4); recorded October 27, 1920 In Book 460 at Page 132 (Affects SE1/4 NW 114, Lot 3 of Section 4);' recorded November 24, 1928 in Book 677 at Page 209 (Affects N1/2 NB1/4 and SW1/4 NE1/4 Section 32); recorded December 5, 1919 in Book 507 at Page 467 (Affects SW1/4 SE1/4 Section 4) 4. Right of way for the Low Line Lateral as granted to the Henrylyn Irrigation District by Deed recorded November 23, 1926 in Book 814 at Page 157. (Affects S1/2 Section 33) 5. Terms, agreements, provisions, conditions and obligations as contained in Agreement by and between Frank A. Neill, Rispab A. Neill, Clarence O. Byrnes, Annie Faye Byrnes and H. B. Crow recorded August 13, 1951 in Book 1309 at Page 220. (Affects W1/2 NE1/4 and NE1/4 NE1/4 Section 32) 6. Terms, agreements, provisions, conditions and obligations as contained in Agreement by and between Clarence 0. Byrnes, Annie Fay Byrnes and H. E. Crow recorded August 13, 1951 in Book 1309 at Page 224. (Affects Wi/2 NE1/4 and NE1/4 NE1/4 Section 32) 7. An undivided 2 interest in and to all of the oil, gas, coal and other minerals in and under and that may be produced from the above described land, together with the right of ingress and egress at all times for the purpose of mining, drilling and exploring said land for oil, gas, coal and other minerals and removing the same therefrom, as reserved by Clarence O. Byrnes and Annie Faye Byrnes in the Decd recorded November 28, 1951 in Book 1317 at Page 585, and any interests therein or rights thereunder. (Affects W1/2 NE1/4 and NE1/4 NE1/4, Section 32) 22 SKLD, Inc. LG 9KL15975 WE 2476443-1996.022 2476443 B-1532 P-316 02/14/96 03:37P PG 23 OP 29 8. An undivided 1/4 interest in and to the minerals of every kind and nature in and under said lands, subject to the rights of ingress and egress at all times for the purpose of mining and removing the same therefrom as reserved by Ethel R. Babbitt in the Deed recorded January 4, 1952 in Book 1320 at Page 218, and any interest therein or rights thereunder. (Affects W1/2 NE114 and NE1/4 NE1/4 Section 32) 9. Seasonal Irrigation Well Power Contract, between IL W. Young and Morgan County Rural Electric Association, recorded February 16, 1955 in Book 1412 at Page 8 and in Book 1412 at Page 10. (Affects SE1/4 Section 33) 10. The Mineral Estate (including all oil and gas rights) and the right of ingress and egress therefrom and the right of removal therefrom, as reserved by Roberta Hawn in the Deed recorded January 2, 1968 in Book 589 as Reception No. 1511424, and any interests therein or rights thereunder. (Affects Wl/2 NE1/4 and the SW114 NW1/4, and NW1/4 SE1/4 and SW1/4 SE1/4 Section 4) 11. An undivided VI interest in and to all oil, gas and other minerals in and under the surface of said land, with the tight of ingress and egress to prospect for and remove the same as reserved by Theodore Zimbelman and Esther A. Zimbelman in -the Deed recorded November 6, 1969 in Book 617 as Reception No. 15339015, and any interest therein or rights thereunder. (Affects El/2 NE1/4 Section 4) 12. Right of way to lay, maintain, inspect, replace, •erect, operate and remove a pipe line or pipe lines as granted to Phillips Petroleum Company by instrument dated September 20, 1974, recorded October 8, 1974 in Book 724 as Reception No. 1646241. (Affects NE114 and Wl/2 SE114 of Section 4) 13. Right of Way easement 16.5 feet wide to construct, operate, maintain and remove communication and other facilities as granted to The Mountain States Telephone and Telegraph Company by instrument dated October 25, 1974, recorded November 11, 1974 in Book 726 as Reception No. 1648284, over and across the'following described property: The South 16.5 feet of the North 46.5 feet of the N1/2 of the NE1/4 of Section 32, Township 2 North, Range 63 West of the 6th P.M., which strip is South of, parallel to, and abutting the South Right of Way line of County Road Number 16. 23 -111111111111111 It II T I ] I I I SKID, Inc. LG SKL15975 WE 2476443-1996.023 24/6443 b -i532 1'-316 02/14/96 03:31P PO 24 0? 29 14. All of the coal, oil, gas, casinghead gas and all ores and minerals of every kind and nature underlying the surface of the realty herein conveyed, together with the full right, privilege and license at any and all times to explore, or drill for and to protect, conserve, mine, lake, remove and market any and all such products in any manner which will not damage structures on .the surface of the realty herein conveyed, as reserved by Burlington Northern Inc., successor in interest to Chicago, Burlington & Quincy Railroad Company, in Deed recorded June 12, 1981 in Book 938 as Reception No. 1860423, and any and all assignments thereof or interests therein. (Affects the Easterly e/s of Burlington Northern Inc.'s 100 -foot wide Tampa Beet Spur right of way, now removed, lying within the SE1/4 of Section 4, Township 1 North, Range 63 West of the 6th P.M.; also, all of the 100 -foot wide right of way, being 50 feet wide on each side of the track carter line of Burlington Northern Inc.'s 'Pampa Beet Spur right of way, now removed, lying within the S1/2 of Section 33, Township 2 North, Range 63 West of the 6th P.M.) 15. Oil and gas lease between Eagle Peak Farms, Ltd., a Colorado Limited Partnership and J. Michael McGhee dated December 15, 1993, recorded June 15, 1994 in Book 1446 as Reception No. 02393564, and any interests therein or rights thereunder. (Affects Parcel 3) 16. Oil and gas lease between Eagle Peak Farms, Ltd., a Colorado Limited Partnership and J. Michael McGhee dated December 15, 1993, recorded June 15, 1994 in Book 1446 as Reception No. 02393566, and any interests therein or rights thereunder. (Affects Parcel 1) 17. General notices of underground 'facilities pursuant to Section 9-1.5-103, C.R.S. (a) Mountain Bell Telephone Company, recorded October 1, 1981 in Book 949 as Reception No. 1870705. (b) Colorado Interstate Gas Company, recorded August 31, 1984 in Book 1041 as Reception No. 1979784. (c) Associated Natural Gas, Inc., recorded April 10, 1989 in Hook 1229 as Reception No. 2175917. (d) Public Service Company of Colorado, recorded November 9, 1981 in Book 952 as Reception No. 1874084_ (e) Western Slope Gas Company, recorded March 9, 1983 in Book 990 as Reception No. 1919757. (i) Western Gas Supply Company, recorded April 2, 1985 in Book 1063 as Reception -No. 2004300. 24 11.11lI1i11Il;l . kI LfIL1 SKLD, Inc. LG SKL15975 WE 2476443-1996.024 2476443 &-1532 P-316 02/14/96 03:37P PO 26 OF 29 PARCRL L: Parcel 1: 'The North Half (N1/2) of the Southwest 1/4 (SWI/4) of Section 23, Township 1 North, Range 63 West of the 6th Principal Meridian, County of Weld, State of Colorado, excepting therefrom a parcel of land conveyed by deed recorded June 6, 1922, in Book 622 at Page 428, being more particularly described as follows: The West 70 feet of the North One-half (NI/2) of the Southwest Quarter (SW114) of Section 23, Township 1 North, Range 63 West of the_6th P.M.; and including a part -of the Southeast Qaarter (SE1/4) of Section 23, Township 1 North, Range 63 West of the 6th Principal Meridian, County of Weld, Slate of Colorado, described as follows: Beginning at the Southeast corner of said Section 23; Thence North 89°29'25" West on an assumed bearing along the South line of said Southeast Quarter (SE1/4) of Section 23 a distance of 2550.07 feet to the True Point of Beginning; Thence North 00'00`26" East a distance of 458.88 feet; Thence North 38°58'24" East a distance of 302.37 feet; Thence North 55°13'29" Basta distance of 355.44 feet; Thence North 40°48'48" East a distance of 68.05 feet; Thence North 00°58'18" East a distance of 288.13 feet; Thence North 89°52' 16" East a distance of 703.17 feet; Thence North 41°37' 17" East a distance of 463.27 feet; Thence North 29°29'28" East a distance of 444.53 feet; Thence North 06'151'18" West a distance of 170.87 feet; Thence North 54°21'45' West a distance of 342.34 feet; Thence North 30.16'42° West a 'distance of 337.95 feet to the North line of said Southeast Quarter (SE114); Thence North 89'38'54" West along said North line a distance of 1382:86 feet to the center of Section 23; Thence South 00°17'11" West along the West line of said Southeast Quarter (SEI/4) a distance of 2640.48 feet to the South Quarter (S114) corner of said Section 23; Thence South 89°29'25" East along the South line of said Southeast Quarter (SE3114) a distance of 102.00 feet to the True Point of Beginning; which parcel contains 61.242 acres more or less; Together with a non-exclusive common access road easement, which may be used by persons and vehicles of any type and description and at any time for any purposes associated with the use of the foregoing property, and which is described 25 I !dill SKLD, Inc. LG SKL15975 WE 2476443-1996.025 2476443 B-1532 P-316 02/14/96 03:37P PG 26 OF 29 as that part of the Southeast Quarter (SE1/4) of Section 23, Township 1 North, Range 63 West of the 6th Principal Meridian, County of Weld, State of Colorado, described as: Beginning at the Southeast corner of said Section 23; Thence North 89'29'25" West on an assumed bearing along the South line of said Southeast Quarter (SE114) of Section 23 a distance of 2550.07 feet to the True Point of Beginning; Thence North 00°00'26" East a distance of 458.88 feet; Thence North 38°58'24" East a distance of 302.37 feet; Thence North 55°13'29" East a distance of 355.44 feet; Thence North 40°48'48" East a distance of 68.05 feet; Thence North 00'58'180 East a distance of 288.73 €eet; Thence North 89°52'16" Basta distance of 703.17 feet; Thence North 41°37117" Bast a distance of 463.27 feet; Thence North 29'29'28" Bast a distance of 444.53 feet; Thence North 06015'18" West a distance of 170.87 feet; Thence North 54°21'45" West a distance of 342.34 feet; Thence North 30°16'42" West a distance of 337.95 feet to the North line of said Southeast Quarter (SE1/4); Thence South 89°38'54" East along said North line a distance of 34.86 feet; Thence South 30°16'42" East a distance of 313.79 feet; Thence South 54'21'45" East a distance of 349.33 feet; Thence South 06°15'1S" East a distance of 193.93 feet; Thence South 29°29'28" West a distance of 457.39 feet; Thence South 41°37'17" West a distance of 466.49 feet; Thence South 89°52'16" West a distance of 695.90 feet; Thence South 00058'18" West a distance of 280.18 feet; Thence South 40°48'48" West a distance of 82.71 feet; Thence South 55°13'29" West a distance of 354.95 feet; Thence South 38°58'24" West a distance of 287.47 feet; Thence South 00°00'26' West a distance of 448.53 feet to said South line of the Southeast Quarter (SE1/4); Thence North 89°29'25' West -along said South line a distance of 30.00 feet to the True Point of Beginning. And subject to (1) the reservations and exceptions contained in a Deed recorded on September 19, 1908, in Book 233, Page 164; and (2) an easement and right of way on the South 30 feet thereof for Weld County -Road 6; 26 i�l� 1�1181p:1I 1.1 T l I -11111 BKLD, Inc. 14 SKL15975 WE 2476443-1996.026 2476443 B-1532 P-316 02/14/96 03:37P PG 27 OF 29 (3) Bowles Reservoir, and any and all rights of way therefore, as evidenced by Map and Statement filed January 6,1913 as Filing No. 184082 (Affects S112SE114 of Parcel 1); (4) Strafford Ditch, and any and all rights of way therefore, as evidenced by instrument filed in the office of Clerk and Resoorder for Weld County (Affects NW1/4SE1/4, S1/1.SE1/4, and N131/4SW1/4 of Parcel 1); (5) Terms, agreements, provisions, conditions, obligations and easements as contained in Agreement by and between Eagle Peak Farms, Ltd. and Lomita Operating Company recorded January 19, 1993 in Book 1367 as Reception No. 02318677; (6) Terms, agreements, provisions, conditions and obligations as contained in Surface Damage Agreement between Eagle Peak Farms, Ltd. and Snyder Oil Corporation as evidenced by Memorandum recorded July 21, 1994 in Book 1451 as Reception No. 02398575. The parcel is also subject to an Order of the Board of County Commissioners for Weld County, recorded October 14, 1889 in Book 86, Page.273. All in Weld County, Colorado. Together with all and singular, the hereditatnenta and appurtenances thereto belonging, or in anywise appertaining; including but not limited to, any and all fixtures, all other homes and buildings, mobile homes, barns, fences, any and all easements, rights -of -way, or other rights of access used in conjunction with the Property, any and all growing crops, trees, and shrubbery, and -specifically including the following items. Together with all water and water rights, ditches and ditch rights, reservoirs and reservoir rights, springs and spring rights, wells and well rights, both tributary and non -tributary and designated and non -designated, on, under, appurtenant to, or used on the land herein described, including but not limited to the following: All right to the water from the Henrylyn Irrigation District for.the above property; and The water and water rights represented by the following Well Permits issued by the State Engineer and the Colorado Ground Water Commission: Final Well Permit No. 31542FP, former Permit No. 5945R, issued on May 22, 1987, with a_priority date of July 29, 1964; 27 -.N11111111 FIT -f HIT SKLD, Inc. LG SIQ,15975 WE 2476443-1996.027 2476443 13-1532 P-316 02/14/96 03:3'1P i'G 211 U1 29 Final Well Permit No. 31643FP, former Permit No. 14859R, issued on May 22, 1987, with a priority date of June 8, 1946; Final Well Permit No. 14860FP, former Permit No. 14860R, issued on May 22, 1987, with a priority date of May 20, 1954; Well Permit No. 85443, accepted on August 16, 1976; and Well Permit No. 63418, issued on August 21, 1972; along with any other wells and water rights used to irrigate the above properties or for domestic purposes on the above properties, and -expressly including the wafer and water right associated with Final Well Permit No. 31542 to the extent the water and water right was used to irrigate the South One-half (S112) of Section 23, Township 1 North, Range 63 West of the 6th P.M. Including any and all easements and rights -of -way associated with the water and water rights, including, but not limited to, easements and rights -of -way for the carriage of water to the Property, discharge of water from the Property, and storage of water off of the Property; and including all beadgates, flumes, diversion structures and measuring structures, pumps, meters and . other property used in delivering water to the Property and measuring water used on the Property; including the easement for a well, pipelines and other facilities, in the Northeast Quarter (NE1/4) of Section 27, Township 1 North, Range 63 West of the 6th P.M. pursuant to a deed recorded on June 12, 1972 in Book 669, Reception No. 1551374, which provides, in part, as follows: 1'QSTEIgn with Irrigation Well No. 5945-P registered -with the State Engineer of the State of Colorado, located in the NE1/4 of Section 27, Township 1 North, Range 63 West, with a right to drill a new replacement well, if needed and if approved by State Engineer in NE1/4 of said Section 27 within 300 feet of -said present well, with the pumps and motors and all pipelines appurtenant thereto for conveying water from said well site to the above -demised land and to S1/2 SW1/4 of Section 23, Township 1 North, Range 63 West, TOGRTHI:4R with an easement for said pipelines one rod wide across said N81/4 and across NW1/4 Sec. 26 in said Township and Range; and including all rights to the foregoing easement as described in the Quit Claim Deed recorded on June 4, 1984 in Book 1032, Reception No. 01969206; and Together with any and all personal property, fixtures and other items used in conjunction with or associated with the foregoing property, and specifically including all well pumps and irrigation equipment; and 28 SiILD, Inc. LG SKI.15975 WE 2476443-1996.028 2476443 B-1532 P.-316 02/14/96 03:37P PG 29 OF 29 Together with all minerals of whatever kind or character, including but not limited to, all oil and gas and constituents thereof, gravel, sand and coal, in, under and upon or that might be produced from the described lands, now owned or hereafter acquired. Together with all right, title and interest in the foregoing property or adjacent property acquired by adverse possession, prescription, grant, gift or other claim, including, but not limited to all right, title and interest in the following property: 1. A parcel of land conveyed by deed recorded Tune 6, 1922, in Book 622 at Page 428, being more particularly described as follows: The West 70 feet of the North One-half (N1/2) of the Southwest Quarter (SW 114) of Section 23, Township 1 North, Range 63 West of the 6th P.M.; 2. A parcel of land in the Northwest Quarter (NW114) of Section 34, Township 1 North, Range 63 West of the 6th P.M., more particularly described as follows: Beginning at the Northwest corner of said Section 34, and considering the North line of said Section 34, as bearing North 89'51'58" East, with all other bearings contained herein relative -thereto; Thence North 89° 51'58' Bast, along the North line of said Section 34, 980.88 feet to the True Point of Beginning, Thence continuing North 89°S1'58* East, along the North line of said Section 34, 435.60 feet; Thence South 00°46'02' East, 100.00 feet; Thence South 89°51'58' West, -435.60 feet; Thence North 0008'02` West, 100.00 feet to the True Point of Beginning. 3. A Permanent Pipeline Right -Of -Way Grant, recorded on January 22, 1981, in Book 926, Reception No. 1847661. 4. A two-story white clapboard Ranch House situated on a portion of the South Half (S1/2) of the Southwest Quarter (SW114) of Section 23, Township 1 North, Range 63 West of the 6th P.M.; Exclusive of ground on which house is placed. 29 1] SICLD, Inc. LO SICL15975 WE 2476443-1996.029 - 1IN 11111 1111! 1111111 111! 11111 llilllllulllii liii III! 3200587 07120/2004 05:03P Weld Count y, Co i of 5 R 26.00 0 8.43 Steve Moreno Clerk & Recorder Warranty Deed (Parcel H) This Deed, made this day of July, 2004, between Prospect Valley Farms, Ltd., a Colorado limited partnership, as grantor ("Grantor"), and PV Water Holdings LLC, a Colorado limited liability company, whose legal address is 9145 East Kenyon Avenue, Suite 200, Denver, Colorado 80237, of the City and County of Denver, State of Colorado, as grantee ("Grantee). Witnesseth, that Grantor, for and in consideration of the sum of Ninety -Four Thousand Three Hundred Twenty -Nine Dollars ($94,329) and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, has granted, bargained, sold and conveyed, and by these presents does grant, bargain, sell, convey and confirm unto Grantee, its successors and assigns forever, all the real property, together with improvements, if any, situate, lying and being in the County of Weld, State of Colorado, described as follows: See Exhibit A attached hereto and incorporated herein, Together with 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 Grantor, either in law or equity, of, in and to the above bargained premises, with the hereditaments and appurtenances. To Have and to Hold the said premises above bargained and described, with the appurtenances, unto the Grantee, its successors and assigns, forever. Grantor, for itself, its successors and assigns, does covenant, grant, bargain and agree to and with Grantee, its successors and assigns, that at the time of the ensealing and delivery of these presents, it is well seized of the premises above conveyed, has 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, encumbrances and restrictions of whatever kind or nature whatsoever, except for and subject to those matters as set forth on Exhibit B attached hereto and incorporated herein. Grantor shall and will WARRANT AND FOREVER DEFEND the above -bargained premises in the quiet and peaceable possession of Grantee, its successors and assigns, against all and every person or persons lawfully claiming the whole or any part thereof. TNG SKID, Inc. LG SKL15S75 WE 3200587-2004.001 I mii nin um iiiiiiu111 inn iiii11 III 11111 liii III _ 3200687 07120/2004 05:03P Weld County, CO 2 of 5 R 26.00 0 9.43 Steve Moreno Clerk & Recorder In Witness Whereof; Grantor has executed this Deed on the date set forth above. Prospect Valley Farms, Ltd., a Colorado limited partnership By: STATE OF COLORADO CITY & COUNTY OF BOULDER ) ss. The foregoing instrument was acknowledged before me this ¶ day of July, 2004, by Walraven F. Ketellapper, General Partner of Prospect Valley Farms, Ltd,, a Colorado limited partnership, on its behalf. Witness my hand and official seal, My commission expires: n,: 2 SWIM, Inc. LG SKL15975 WE 3200597-2004.002 I 1111 II 11111 III A11II ICI 11111 Illln III IIN III IIA 3200587 07120/2004 05:03P Weld County, CD 3 of 5 II 26.00 D 9,43 Steve Moreno Clerk & fiecorder Exhibit A to Warranty Deed (Parcel H) (Legal Description) A PART OF THE WEST ONE-HALF OF SECTION 35, TOWNSHIP 2 NORTH, RANGE 63 WEST OF THE SIXTH PRINCIPAL MERIDIAN, COUNTY OF WELD, STATE OF COLORADO; AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BASIS OF BEARINGS: THE WEST LINE OF THE SOUTHWEST ONE -QUARTER OF SECTION 35, TOWNSHIP 2 NORTH, RANGE 63 WEST OF THESIXTH PRINCIPAL MERIDIAN BEING ASSUMED TO BEAR N00°24' 12"W A DISTANCE OF 2643.41 FEET. MONUMENTED BY A 2-1/2" ALUMINUM CAP STAMPED "ALLES AND ASSOCIATES PLS 9644" AT THE WEST ONE -QUARTER CORNER AND A 3-1/4" ALUMINUM CAP STAMPED "NOLTE LS 28656" AT THE SOUTHWEST CORNER. COMMENCING AT THE SOUTHWEST CORNER OF SAID SECTION 35; THENCE ALONG THE WEST LINE OF THE SOUTHWEST ONE -QUARTER OF SAID SECTION 35, N00°24' 12"W A DISTANCE OF 30,00 FEET TO THE NORTHERLY RIGHT- OF-WAY LINE OF WELD COUNTY ROAD 14 EXTENDED; THENCE ALONG SAID NORTHERLY RIGHT-OF-WAY LINE EXTENDED, N89°14'57"E A DISTANCE OF 30.00 FEET TO THE EASTERLY RIGHT-OF-WAY LINE OF COLORADO STATE HIGHWAY 79 BEING THE TRUE POINT OF BEGINNING; THENCE ALONG SAID EASTERLY RIGHT-OF-WAY LINE WHICH IS 30 FEET EAST AND PARALLEL WITH SAID WEST LINE OF THE SOUTHWEST ONE -QUARTER OF SAID SECTION 35, N00°24'I2"W A DISTANCE OF 2613.38 FEET; THENCE CONTINUING ALONG SAID EASTERLY RIGHT-OF-WAY LINE WHICH IS 30 FEET EAST AND PARALLEL WITH THE WEST LINE OF THE NORTHWEST ONE - QUARTER OF SAID SECTION 35, N00°24'24"W A DISTANCE OF 2613.13 FEET, TO THE SOUTHERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 16; THENCE ALONG SAID SOUTHERLY RIGHT-OF-WAY LINE WHICH IS 30 FEET SOUTH AND PARALLEL WITH SAID NORTH LINE OF THE NORTHWEST ONE -QUARTER OF SAID SECTION 35, N89°17'42"E A DISTANCE OF 2614.64 FEET, TO THE EAST LINE OF SAID NORTHWEST ONE -QUARTER OF SAID SECTION 35; 3 SKLD, Inc. LG SI{L15975 WE 3200587-2004.003 { 1111111111111111111111111111111111 11111111111111111 X11146:03P Weld Sou*, Clerk 1 , 04 o587 Recorder 3t11"I""4 of 5 R 25.09 f) 9.43 Move THENCE ALONG SAID EAST LINE OF THE NORTHWEST ONE -QUARTER, S00°32'58"E A DISTANCE OF 2613.17 FEET, TO THE CENTER ONE -QUARTER CORNER OF SAID SECTION 35; THENCE ALONG THE EAST LINE OF SAID SOUTHWEST ONE -QUARTER OF SAID SECTION 35, S00°32'51 "E A DISTANCE OF 2611.18 FEET, TO SAID NORTHERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 14; THENCE ALONG SAID NORTHERLY RIGHT-OF-WAY LINE WHICH IS 30 FEET NORTH AND PARALLEL WITH SAID SOUTH LINE OF THE SOUTHWEST ONE - QUARTER OF SAID SECTION 35, S89°14'57"W A DISTANCE OF 2627.73 FEET, TO THE POINT OF BEGINNING. CONTAINING AN AREA OF 13,696,581 SQUARE FEET OR 314.430 ACRES. NAME AND ADDRESS OF PERSON CREATING NEWLY CREATED LEGAL DESCRIPTION (§38-35-106.5, C.S.R.} J.R. ENGINEERING 6020 GREENWOOD PLAZA BLVD. ENGLEWOOD, CO 80111 (303) 740-9393 4 SEIM., Inc. LG SKL15975 WE 3200587-2004.004 I111111111111111111111111111111111111111111111111111111 02OO 87 07120121 114 0603P Weld County, CO 5 of 5 l� P6.t>0 D 5.43 Steve Moreno clerk & Recorder Exhibit B to Warranty Deed (Parcel H) (Exceptions) 1. All taxes and assessments for the year 2004 and subsequent years, a lien, not yet due and payable. 2. Reservation of right of way for any ditches or canals constructed by authority of the United States, in U.S. Patent recorded September 12, 1916 in Book 385 at Page 185. 3. Right of way, whether in fee or easement only, for an electric transmission line and other appurtenances, granted to The United States of America by The Weicker Investment Company, a Colorado corporation by instrument recorded December 6, 1944 in Book 1145 at Page 353, in which the specific location of the easement is not defined. 4. Easement and right of way for a right of way 60 feet in width located in the SW1/4SWl/4 Section 35, Township 2 North, Range 63 West, granted to Phillips Petroleum Company by Weicker Investment Company by instrument recorded March 24, 1975 in Book 735 as Reception No. 1656542, in which the specific location of the easement is not defined. 5. Oil and gas lease between Eagle Peak Farms, Ltd., a Colorado limited partnership and J. Michael McGhee dated December 15, 1993, recorded June 15, 1994 in Book 1446 as Reception No. 02393566, and any interests therein or rights thereunder. 6. Right of way, whether in fee or easement only, for an electric transmission line and appurtenances, as granted to Tri-State Generation and Transmission Association, hie, by Prospect Valley Farms, Ltd., recorded September 16, 1999 as Reception No. 2720795, affecting the following described property, as more particularly described in said instrument. 7. The following matters as set forth on ALTA/ACSM Land Title Survey prepared by J. R. Engineering, dated December 2, 2003, as revised on December 30, 2003, June 24, 2004, June 28, 2004 and July 2, 2004 as Job Number 15006.00 to -wit: 1. The overhead electric line servicing an offsite well shown hereon, lies within the record title lines. 2. Irrigation ditches, as shown hereon, lie both inside and outside the record title lines. 5 SKIM, Inc. LG SKL15975 WE 3200587-2004.005 °Recorded in Weld County, CO Doc Id: 3537344 02/25/2008 04:27 P Receipt#: 7345369 Page: 1 of 15 Total Fee: $76.00 Steve Moreno, Clerk and Recorder NO DOCUMENTARY FEE REQUIREDICONVENIENCE DEED F,XEMPT FRAM REAL PROPERTY TRANSFER TAX/OWNERSHIP CONFIRMATION Special Warranty Deed (PV Water— 515 Capital) This Deed, made as of the 15- -h day of February, 2008, between PV Water Holdings LLC, a Colorado limited liability company, as grantor ("Grantor"), and 515 Capital LLC, a Colorado limited liability company, as grantee ("Grantee"), whose legal address is 4643 S. Ulster Street, Suite 1300, Denver, Colorado 80237, of the City and County of Denver, State of Colorado. WITNESSETH, that Grantor, for and in for the exchange of the Membership Interest in Grantee, the receipt and sufficiency of which is hereby acknowledged, has granted, bargained, sold and conveyed, and by these presents does grant, bargain, sell, convey and confirm, unto Grantee, its successors and assigns forever, all the real property, together with improvements, if any, situate, lying and being in the County of Weld, State of Colorado, described as follows: See Exhibit t attached hereto and incorporated herein. Together with all and singular the hereditaments and appurtenances thereto belonging, or in anywise appertaining, including, without limitation, all interest, if any, in vacated streets and alleys adjacent thereto, all easements and appurtenances thereto, all improvements thereon and attached fixtures thereon, if any, 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 Grantor, either in law or equity, of, in and to the above bargained premises, with the hereditaments and appurtenances; To Have and to Hold the said premises above bargained and described with the appurtenances, unto Grantee, its successors and assigns forever. Grantor, for itself, its successors and assigns, does covenant and agree that it shall and will WARRANT AND FOREVER DEFEND the above -bargained premises in the quiet and peaceable possession of the Grantee, its successors and assigns, against all and every person or persons claiming the whole or any part thereof, by, through or under Grantor, subject to matters of record o'}1 5243 SKLD, Inc. LG SKL15975 WE 3537344-2Q08.001 eRecorded in Weld County, CO Doc Id: 3537344 02/25/2008 04:27 P Receipt#: 7345369 Page: 2 of 15 Total Fee: $76.00 Steve Moreno, Clerk and Recorder IN WITNESS WHEREOF, Grantor has executed this deed on the date set forth above. PV Water Holdings LLC, a Colorado limited liability company STATE OF COLORADO CITY AND COUNTY OF DENVER By: ) ss. ) Joel . Farkas, Manager The foregoing instrument was acknowledged before me this AD day of February, 2008, by Joel H. Farkas, as Manager for PV Water Holdings LLC, a Colorado limited liability company, on its behalf. Witness my hand and official seal. expires: 5 -if 1 iDe 2 QA/n. YIN -4v* Notary Public SKLD, Inc. LG 3EL15975 WE 3537344-2008.D02 °Recorded in Weld County, CO Doc Id: 3537344 02125/2008 04:27 P Receipt#: 7345369 Page: 3 of 15 Total Fee: $76.00 Steve Moreno, Clerk and Recorder EXHIBIT A LEGAL DESCRIPTION OF PROPERTY Parcel D A PART OF THE SECTION 27, TOWNSHIP 1 NORTH, RANGE 63 WEST OF THE SIXTH PRINCIPAL MERIDIAN, COUNTY OF WELD, STATE OF COLORADO, LYING NORTH AND WEST OF PROSPECT LATERAL, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BASIS OF BEARINGS: THE NORTH LINE QF THE NORTHWEST ONE -QUARTER OF SECTION 27, TOWNSHIP 1 NORTH, RANGE 63 WEST OF THE S1XTH PRINCIPAL MERIDIAN BEING ASSUMED TO BEAR N88°57'41 "E A DISTANCE OF 2644.91 FEET. MONUMENTED BY A 3-1/4" ALUMINUM CAP STAMPED "ALPHA ENGRG LS 25937" AT THE NORTHWEST CORNER AND A 2" ALUMINUM CAP STAMPED "ALPHA ENGRG LS 25937" AT THE NORTH ONE -QUARTER CORNER. COMMENCING AT THE NORTHWEST CORNER OF SAID SECTION 27; THENCE ALONG THE NORTH LINE OF THE NORTHWEST ONE -QUARTER OF SAID SECTION 27, N88°57'01"E A DISTANCE OF 820.00 FEET, TO THE NORTHEAST CORNER OF SAID PARCEL DESCRIBED IN DEED RECORDED JUNE 9, 1923 IN BOOK 711 AT PAGE 148; THENCE ALONG THE EASTERLY LINE OF SAID PARCEL, S40°18'35"E A DISTANCE OF 30.00 FEET, TO THE SOUTHERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 6, BEING THE TRUE POINT OF BEGINNING; THENCE ALONG SAID SOUTHERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 6 WHICH IS 30 FEET SOUTH AND PARALLEL WITH SAID NORTH LINE OF THE NORTHWEST ONE -QUARTER OF SECTION 27, N88°57'01 "E A DISTANCE OF 1825.30 FEET; THENCE CONTINUING ALONG SAID SOUTHERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 6 WHICH IS 30 FEET SOUTH AND PARALLEL WITH THE NORTH LINE OF THE NORTHEAST ONE -QUARTER OF SAID SECTION 27, N88°57'(10"E A DISTANCE OF 1902.96 FEET, TO THE CENTERLINE OF PROSPECT LATERAL; THENCE ALONG THE CENTERLINE OF PROSPECT LATERAL THE FOLLOWING FORTY-SIX (46) COURSES: S16°27'52"W A DISTANCE OF 297.11 FEET; SI3°28'30"W A DISTANCE OF 195.40 FEET, TO A POINT OF CURVE; 3 SKID, Inc. LG SIQ.15975 WE 3537344-2008.003 eRecorded in Weld County, CO Doc id: 3537344 02/25/2008 04:27 P Receipt#: 7345369 Page: 4 of 15 Total Fee: $76.00 Steve Moreno, Clerk and Recorder ALONG THE ARC OF A CURVE TO THE RIGHT WHOSE RADIUS POINT BEARS N76°31'30" W, HAVING A RADIUS OF 200.00 FEET, A CENTRAL ANGLE OF 15°51'32" AND AN ARC LENGTH OF 55.36 FEET, TO A POINT OF REVERSE CURVE; ALONG THE ARC OF A CURVE TO THE LEFT WHOSE RADIUS POINT BEARS 860°39'59"E, HAVING A RADIUS OF 170.00 FEET, A CENTRAL ANGLE OF 24°00'07" AND AN ARC LENGTH OF 7122 FEET, TO A POINT OF REVERSE CURVE; ALONG THE ARC OF A CURVE TO THE RIGHT WHOSE RADIUS POINT BEARS N84°40'06"W, HAVING A RADIUS OF 350.00 FEET, A CENTRAL ANGLE OF 20°03'07" AND AN ARC LENGTH OF 122.49 FEET, TO A POINT OF TANGENCY; S25°23'01"W A DISTANCE OF 1555.84 FEET; S25°37'06"W A DISTANCE OF 663.61 FEET; 525°02'30"W A DISTANCE OF 690.38 FEET, TO A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE LEFT WHOSE RADIUS POINT BEARS $64°57'30"E, HAVING A RADIUS OF 200.00 FEET, A CENTRAL ANGLE OF 07°16'47" AND AN ARC LENGTH OF 25,41 FEET, TO A POINT OF REVERSE CURVE; ALONG THE ARC OF A CURVE TO THE RIGHT WHOSE RADIUS POINT BEARS N72°14'17"W, HAVING A RADIUS OF 200.00 FEET, A CENTRAL ANGLE OF 17°45'0l" AND AN ARC LENGTH OF 61.96 FEET, TO A POINT OF REVERSE CURVE; ALONG THE ARC OF A CURVE TO THE LEFT WHOSE RADIUS POINT BEARS S54°29'16"E, HAVING A RADIUS OF 300.00 FE±f1, A CENTRAL ANGLE OF 14°07'38" AND AN ARC LENGTH OF 73.97 FEET, TO A POINT OF TANGENCY; S21°23'05"W A DISTANCE OF 137.05 FEET, TO A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE RIGHT WHOSE RADIUS POINT BEARS N68°36'55"W, HAVING A RADIUS OF 250.00 FEET, A CENTRAL ANGLE OF 30°47'31" AND AN ARC LENGTH OF 134.36 FEET, TO A POINT OF TANGENCY; 552°10'36"W A DISTANCE OF 169.24 FEET, TO A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE LEFT WHOSE RADIUS POINT BEARS S37°49'24"E, HAVING A RADIUS OF 205.00 FEET, A CENTRAL ANGLE OF 70°34'07" AND AN ARC LENGTH OF 252.49 FEET, TO A POINT OF TANGENCY; Si8°23'31 "E A DISTANCE OF 266.27 FEET, TO A POINT OF CURVE; 4 SICI,D, Inc. LG SKI.15975 WE 3537344-2008.004 eRecorded in Weld County, CO Doc Id: 3537344 02/25/2008 04:27 P Receipt#: 7345369 Page: 5 of 15 1 otal Fee: $ 76.00 Steve Moreno, Clerk and Recorder ALONG THE ARC' OF A CURVE TO THE RIGHT WHOSE RADIUS POINT BEARS S71°36'29"W, HAVING A RADIUS OF 1000 FEET, A CENTRAL ANGLE OF 76°52'26" AND AN ARC LENGTH OF 134.17 FEET, TO A POINT OF TANGENCY; SS8°28'55"W A DISTANCE OF 57.00 FEET, TO A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE RIGHT WHOSE RADIUS POINT BEARS N3 1 °31'05"W, HAVING A RADIUS OF 200.00 FEET, A CENTRAL ANGLE OF 44°20'52" AND AN ARC LENGTH OF 154.80 FEET, TO A POINT OF TANGENCY; N77°10'13"W A DISTANCE OF 125,98 FEET, TO A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE LEFT WHOSE RADIUS POINT BEARS S12°49'47"W, HAVING A RADIUS OF 200.00 FEET, A CENTRAL ANGLE OF 08°21'33" AND AN ARC LENGTH OF 29.18 FEET, TO A POINT OF TANGENCY; N85°31'46"W A DISTANCE OF 115.11 FEET, TO A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE RIGHT WHOSE RADIUS POINT BEARS N04°28'14"E, HAVING A RADIUS OF 125.00 FEET, A CENTRAL ANGLE OF 39°26'34" AND AN ARC LENGTH OF 86.05 FEET, TO A POINT OF TANGENCY; N46°05'11 "W A DISTANCE OF 50,49 FEET; N35°00'50"W A DISTANCE OF 267.40 FEET, TO A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE LEFT WHOSE RADIUS POINT BEARS 854°59'l0"W, HAVING A RADIUS OF 150.00 FEET, A CENTRAL ANGLE OF 50°24'36" AND AN ARC LENGTH OF 131.97 FEET, TO A POINT OF REVERSE CURVE; ALONG THE ARC OF A CURVE TO THE RIGHT WHOSE RADIUS POINT BEARS N04°34'34"R. HAVING A RADIUS OF 500.00 FEET, A CENTRAL ANGLE OF 26°38'30" AND AN ARC LENGTH OF 232.49 FEET, TO A POINT OF REVERSE CURVE; ALONG THE ARC OF A CURVE TO THE LEFT WHOSE RADIUS POINT BEARS 531'13'04"W, HAVING A RADIUS OF 400.00 FEET, A CENTRAL ANGLE OF 15°10'37" AND AN ARC LENGTH OF 105.95 FEET, TO A POINT OF TANGENCY; N73°57'33"W A DISTANCE OF 80.76 FEET, TO A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE RIGHT WHOSE RADIUS POINT BEARS N 16°02'27"E, HAVING A RADIUS OF 500.00 FEET, A CENTRAL ANGLE OF 20°09'20" AND AN ARC LENGTH OF 175.89 FEET, TO A POINT OF TANGENCY; N53°48' 13"W A DISTANCE OF 53.67 FEET; 5 SKL.D, Inc. LG SKL15975 RE 3537344-2008.005 eRecorded in Weld County, CO Doc Id: 3537344 02/25/2008 04:27 P Receipt#: 7345369 Page: 6 of 15 Total Fee: $76.00 Steve Moreno, Clerk and Recorder N59°56' 1 TW A DISTANCE OF 107.47 FEET, TO A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE LEFT WHOSE RADIUS POINT BEARS S30°03'43"W, HAVING A RADIUS OF 125.00 FEET, A CENTRAL ANGLE OF 52°04'57" AND AN ARC LENGTH OF 113.63 FEET, TO A POINT OF TANGENCY; $67°58'46"W A DISTANCE OF 73.10 FEET, TO A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE RIGHT WHOSE RADIUS POINT BEARS N22°01'14"W, HAVING A RADIUS OF 600.00 FEET, A CENTRAL ANGLE OF 19°14'53" AND AN ARC LENGTH OF 201.57 FEET, TO A POINT OF TANGENCY; 587°13'39"W A DISTANCE OF 137.38 FEET; N84°25'50"W A DISTANCE OF 77.12 FEET, TQ A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE LEFT WHOSE RADIUS POINT BEARS S05°34'10"W, HAVING A RADIUS OF 125.00 FEET, A CENTRAL ANGLE OF 25°28'47" AND AN ARC LENGTH OF 55.59 FEET, TO A POINT OF REVERSE CURVE; ALONG THE ARC OF A CURVE TO THE RIGHT WHOSE RADIUS POINT BEARS N 19°54`35" W, HAVING A RADIUS OF 150.00 FEET, A CENTRAL ANGLE OF 19°34'07" AND AN ARC LENGTH OF 51.23 FEET, TO A POINT OF TANGENCY; S89°39'31"W A DISTANCE OF 136.63 FEET, TO A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE LEFT WHOSE RADIUS POINT BEARS S00°20'29"E, HAVING A RADIUS OF 140.00 FEET, A CENTRAL ANGLE OF 69°04'11" AND AN ARC LENGTH OF 168.77 FEET, TO A POINT OF TANGENCY; 520°35'21"W A DISTANCE OF 155.78 FEET, TO A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE LEFT WHOSE RADIUS POINT BEARS 568°46'09"E, HAVING A RADIUS OF 500.00 FEET, A CENTRAL ANGLE OF 11°00'48" AND AN ARC LENGTH OF 96.11 FEET, TO A POINT OF TANGENCY; SI0°13'03"W A DISTANCE OF 58.79 FEET, TO A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE RIGHT WHOSE RADIUS POINT BEARS N79°46'57"W, HAVING A RADIUS OF 100.00 FEET, A CENTRAL ANGLE OF 45°04'00" AND AN ARC LENGTH OF 78.66 FEET, TO A POINT OF TANGENCY; S55°17'03"W A DISTANCE OF 75.62 FEET, TO THE EASTERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 67; 6 SiCLD, Xnc. LG SKL15975 WE 3537344-2008.006 eRecorded in Weld County, CO Doc Id: 3537344 02125/2008 04:27 P Receipt#: 7345369 Page: 7 of 15 Total Fee: $76.00 Steve Moreno, Clerk and Recorder THENCE ALONG SAID EASTERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 67 WHICH IS 30 FEET EAST AND PARALLEL WITH THE WEST LINE OF THE SOUTHWEST ONE -QUARTER OF SAID SECTION 27, N00° 18'35"W A DISTANCE OF 1666.65 FEET; THENCE CONTINUING ALONG SAID EASTERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 67 WHICH IS 30 FEET EAST AND PARALLEL WITH THE WEST LINE OF SAID NORTHWEST ONE -QUARTER OF SECTION 27, N00° 18'35"W A DISTANCE OF 1574.76 FEET, TO THE SOUTHERLY LINE OF SAID PARCEL DESCRIBED IN DEED RECORDED JUNE 9, 1923 IN BOOK 711 AT PAGE 148; THENCE ALONG SAID SOUTHERLY LINE OF SAID PARCEL, N88°57`01"E A DISTANCE OF 790.00 FEET, TO THE SOUTHEAST CORNER OF SAID PARCEL; THENCE ALONG THE EASTERLY LINE OF SAID PARCEL, N00°18'35"W A DISTANCE OF 1030.00 FEET, TO THE TRUE POINT OF BEGINNING. CONTAINING AN AREA OF 13,853,692 SQUARE FEET OR 318.037 ACRES. Together with all of Grantor's rights, if any, in the small capacity wells located on the Property at the time of execution of this Deed, together with the right to drill two (2) small capacity wells on Parcel D as defined in §37-90-105 C.RS, however, under no circumstances shall Grantee, its successors, or assigns use Lost Creek alluvial designated ground water (as distinguished from Lost Creek designated Denver Basin Groundwater) for new small capacity wells and at no point may Grantee use more than 5 acre feet on Parcel D of Lost Creek Denver Basin Groundwater for the small capacity wells, including any unregistered small capacity wells. Together with all Henrylyn Irrigation District and water rights associated with such District located on Parcel D. EXCLUDING THEREFROM: Any and all water and water rights, whether adjudicated or not (except for the water and water rights described above), all well and well rights, including but not limited to, Well Permit Nos. 12123FP (former Permit No. 12123R), and 12124FP (former Permit No. 12124R), which water rights were subject to the terms and conditions of the Findings of Fact, Conclusions of Law, Judgment and Decree of the Court entered by the Adams County District Court on May 10, 2004 in Case No. 98CV 1727, and recorded on June 22, 2004 as Reception No. 20040622000516130 of the books and records of the Adams County Clerk and Recorder, and recorded on June 22, 2004 as Reception No. 3191505 of the books and records of the Weld County Clerk and Recorder; and the Findings of Fact, Conclusions of Law, Judgment and Decree of the Court entered by the Adams County District Court on June 1, 2004 in Case No. 99CV0097, and recorded on June 22, 2004 as Reception No. 20040622000516120 of the books and records of the Adams County Clerk and Recorder, and recorded on June 22, 2004 as Reception No. 3191504 of the books and records of the Weld County Clerk and Recorder; all water rights and rights to water in the Denver Basin Aquifers; all subterranean water and water rights, including storage rights; all surface water and water rights; spring and spring rights; all tributary and non - 7 SIfLD, Inc. LG SKL15975 WE 3537344-2008.007 eRecorded in Weld County, CO Doc Id: 3537344 02/25/2008 04:27 P Receipt#: 7345369 Page: 6 of 15 Total Fee: $76.00 Steve Moreno, Clerk and Recorder tributary water rights; designated and non -designated water rights; all reservoir and reservoir rights; ditches and ditch rights (excluding Henry1yn Irrigation District and water rights associated with such Districts); all water and ditch company stock, water and sewer tap agreements; any and all easements and rights -of -way for the carriage of water to Parcel D, discharge of water from Parcel D, and storage water off Parcel D; all utility agreements with any other developers or with any municipality or quasi -municipal special district, if any, which are owned by Grantor, related to or in any way appurtenant to Parcel D. Parcel H A PART OF THE WEST ONE-HALF OF SECTION 35, TOWNSHIP 2 NORTH, RANGE 63 WEST OF THE SIXTH PRINCIPAL MERIDIAN, COUNTY OF WELD, STATE OF COLORADO; AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BASIS OF BEARINGS: THE WEST LINE OF THE SOUTHWEST ONE -QUARTER OF SECTION 35, TOWNSHIP 2 NORTH, RANGE 63 WEST OF THE SIXTH PRINCIPAL MERIDIAN BEING ASSUMED TO BEAR N00°24' 12"W A DISTANCE OF 2643.41 FEET. MONUMENTED BY A 2-1/2" ALUMINUM CAP STAMPED "ALLES AND ASSOCIATES PLS 9644" AT THE WEST ONE -QUARTER CORNER. AND A 3-1/4" ALUMINUM CAP STAMPED "NOLTE LS 28656" AT THE SOUTHWEST CORNER. COMMENCING AT THE SOUTHWEST CORNER OF SAID SECTION 35; THENCE ALONG THE WEST LINE OF THE SOUTHWEST ONE -QUARTER OF SAID SECTION 35, N00°24' 12"W A DISTANCE OF 30.00 FEET TO THE NORTHERLY RIGHT- OF-WAY LINE OF WELD COUNTY ROAD 14 EXTENDED; THENCE ALONG SAID NORTHERLY RIGHT-OF-WAY LINE EXTENDED, N89°14'57"E A DISTANCE OF 30.00 FEET TO THE EASTERLY RIGHT-OF-WAY LINE OF COLORADO STATE HIGHWAY 79 BEING THE TRUE POINT OF BEGINNING; THENCE ALONG SAID EASTERLY RIGHT-OF-WAY LINE WHICH IS 30 FEET EAST AND PARALLEL WITH SAID WEST LINE OF THE SOUTHWEST ONE -QUARTER OF SAID SECTION 35, N00°24'12"W A DISTANCE OF 2613.38 FEET; THENCE CONTINUING ALONG SAID EASTERLY RIGHT-OF-WAY LINE WHICH IS 30 FEET EAST AND PARALLEL WITH THE WEST LINE OF THE NORTHWEST ONE - QUARTER OF SAID SECTION 35, N00°2424"W A DISTANCE OF 2613.13 FEET, TO THE SOUTHERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 16; THENCE ALONG SAID SOUTHERLY RIGHT-OF-WAY LINE WHICH IS 30 FEET SOUTH AND PARALLEL WITH SAID NORTH LINE OF THE NORTHWEST ONE -QUARTER OF SAID SECTION 35, N89°1T42"E A DISTANCE OF 2614.64 FEET, TO THE EAST LINE OF SAID NORTHWEST ONE -QUARTER OF SAID SECTION 35; 8 SICLD, Inc. LG SKL15975 WE 3537344-2008.008 eRecorded in Weld County, CO Doc Id: 3537344 02/25/2008 04:27 P Receipt#: 7345369 Page: 9 of 15 Total Fee: $76.00 Steve Moreno, Clerk and Recorder THENCE ALONG SAID EAST LINE OF THE NORTHWEST ONE -QUARTER, S00°32'58"E A DISTANCE OF 2613.17 FEET, TO THE CENTER ONE -QUARTER CORNER OF SAID SECTION 35; THENCE ALONG THE EAST LINE OF SAID SOUTHWEST ONE -QUARTER OF SAID SECTION 35, S00°32'51 "E A DISTANCE OF 2611.18 FEET, TO SAID NORTHERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 14; THENCE ALONG SAID NORTHERLY RIGHT-OF-WAY LINE WHICH IS 30 FEET NORTH AND PARALLEL WITH SAID SOUTH LINE OF THE SOUTHWEST ONE - QUARTER OF SAID SECTION 35, 889°14'ST'W A DISTANCE OF 2627.73 FEET, TO THE POINT OF BEGINNING. CONTAINING AN AREA OF 13,696,581 SQUARE FEET OR 314.430 ACRES. Together with all of Grantor's rights. if any, in the small capacity wells located on the Property at the time of execution of this Deed, together with the right to drill two (2) small capacity wells on Parcel H as defined in §37-90-105 C.R.S, however, under no circumstances shall Grantee, its successors, or assigns use Lost Creek alluvial designated ground water (as distinguished from Lost Creek designated Denver Basin Groundwater) for new small capacity wells and at no point may Grantee use more than 5 acre feet on Parcel H of Lost Creek Denver Basin Groundwater for the small capacity wells, including any unregistered small capacity wells. Together with all Henrylyn Irrigation District and water rights associated with such District located on Parcel H. EXCLUDING THEREFROM: Any and all water and water rights, whether adjudicated or not (except for the water and water rights described above), all well and well rights, including but not limited to, Well Permit Nos. 1771 FP (former Permit No. 1771R),1772FP (former Permit No. 1772R), 1773FP (former Permit No. 1773R) and 1774FP (former Permit No. 1774R), which water rights were subject to the terms and conditions of the Findings of Fact, Conclusions of Law, Judgment and Decree of the Court entered by the Adams County District Court on May 10, 2004 in Case No. 98O /1727, and recorded on June 22, 2004 as Reception No. 20040622000516130 of the books and records of the Adams County Clerk and Recorder, and recorded on June 22, 2004 as Reception No. 3191505 of the books and records of the Weld County Clerk and Recorder; and the Findings of Fact. Conclusions of Law, Judgment and Decree of the Court entered by the Adams County District Court on June 1, 2004 in Case No. 99CV0097, and recorded on June 22, 2004 as Reception No. 20040622000516120 of the books and records of the Adams County Clerk and Recorder, and recorded on June 22, 2004 as Reception No. 3191504 of the books and records of the Weld County Clerk and Recorder; all water rights and rights to water in the Denver Basin Aquifers; all subterranean water and water rights, including storage tights; all surface water and water rights; spring and spring rights; all tributary and non -tributary water tights; designated and non -designated water rights; all reservoir and reservoir rights; ditches and ditch rights (excluding Henrylyn Irrigation District and water rights associated with such Districts); all water and ditch company stock, water and sewer tap agreements; any and all easements and rights -of -way for the 9 SKLD, Inc. LG SKL15975 WE 3537344-2008.009 eRecorded in Weld County, CO Doc Id: 3537344 02/25/2008 04:27 P Receipt#: 7345369 Page: 10 of 15 Total Fee: $76.00 Steve Moreno, Clerk and Recorder carriage of water to Parcel H, discharge of water from Parcel H, and storage water off Parcel H; all utility agreements with any other developers or with any municipality or quasi -municipal special district. if any, which are owned by Grantor, related to or in any way appurtenant to Parcel H. Parcel I-1 A PARCEL OF LAND BEING A PART OF THE NORTH ONE-HALF OF THE NORTHEAST ONE -QUARTER AND A PART OF THE SOUTHWEST ONE -QUARTER OF THE NORTHEAST ONE -QUARTER OF SECTION 32, TOWNSHIP 2 NORTH, RANGE 63 WEST OF THE SIXTH PRINCIPAL MERIDIAN, COUNTY OF WELD, STATE OF COLORADO, AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BASIS OF BEARINGS: THE NORTH LINE OF THE NORTHEAST ONE -QUARTER OF SECTION 32, TOWNSHIP 2 NORTH, RANGE 63 WEST OF THE SIXTH PRINCIPAL MERIDIAN BEING ASSUMED TO BEAR N89°10'05"E A DISTANCE OF 2636.16 FEET. MONUMENTED BY A 3-1/4" ALUMINUM CAP STAMPED "KING SURVEYORS INC LS 22098" AT THE NORTH ONE -QUARTER CORNER AND A 3-1/4" ALUMINUM CAP STAMPED "MCRAE & SHORT INC LS 7242" AT THE NORTHEAST CORNER OF SAID SECTION 32. COMMENCING AT THE NORTHEAST CORNER OF SAID SECTION 32; THENCE ALONG THE NORTH LINE OF THE NORTHEAST ONE -QUARTER OF THE NORTHEAST ONE -QUARTER OF SAID SECTION 32, 589°10'05"W A DISTANCE OF 30.00 FEET; THENCE S00°38'37"E A DISTANCE OF 30.00 FEET, TO THE INTERSECTION OF THE WESTERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 65 AND THE SOUTHERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 16, BEING THE TRUE POINT OF BEGINNING; THENCE ALONG SAID WESTERLY RIGHT-OF-WAY LINE WHICH IS 30.00 FEET WEST AND PARALLEL WITH THE EAST LINE OF THE NORTHEAST ONE -QUARTER OF THE NORTHEAST ONE -QUARTER OF SAID SECTION 32, S00°38'37"E A DISTANCE OF 1289.14 FEET, TO THE SOUTH LINE OF SAID NORTHEAST ONE -QUARTER OF THE NORTHEAST ONE -QUARTER OF SAID SECTION 32; THENCE ALONG SAID SOUTH LINE, 589°08'47"W A DISTANCE OF 1287.36 FEET TO THE NORTHEAST ONE -SIXTEENTH CORNER OF SAID SECTION 32; THENCE ALONG THE SOUTH LINE OF THE NORTHWEST ONE -QUARTER OF THE NORTI-!EAST ONE -QUARTER OF SAID SECTION 32, 889°08'47"W A DISTANCE OF 15.00 FEET; 10 SKLD, Inc. LG 3KL15975 WE 3537344-2008.010 eRecorded in Weld County, CO Doc Id: 3537344 02/25/2008 04:27 P Receipt#: 7345369 Page: 11 of 15 Total Fee: $76.00 Steve Moreno, Clerk and Recorder THENCE PARALLEL WITH AND 15.00 FEET WEST OF THE EAST LINE OF THE SOUTHWEST ONE -QUARTER OF THE NORTHEAST ONE -QUARTER OF SAID SECTION 32, S00°40'30"E A DISTANCE OF 1319.63 FEET, TO THE SOUTH LINE OF SAID SOUTHWEST ONE -QUARTER OF THE NORTHEAST ONE -QUARTER OF SAID SECTION 32; THENCE ALONG SAID SOUTH LINE, 589°07'29"W A DISTANCE OF 1301.64 FEET, TO THE CENTER ONE -QUARTER CORNER OF SAID SECTION 32; THENCE ALONG THE WEST LINE OF THE NORTHEAST ONE -QUARTER OF SAID SECTION 32. N00°42'23"W A DISTANCE OF 2610.25 FEET, TO SAID SOUTHERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 16; THENCE ALONG SAID SOUTHERLY RIGHT-OF-WAY LINE WHICH IS 30.00 FEET SOUTH AND PARALLEL WITH THE NORTH LINE OF THE NORTHEAST ONE - QUARTER OF SAID SECTION 32, N89°10'05"E A DISTANCE OF 2606.12 FEET, TO THE POINT OF BEGINNING. CONTAINING AN AREA OF 5,078501 SQUARE FEET OR 116.586 ACRES. Together with all of Grantor's rights, if any, in the small capacity wells located on the Property at the time of execution of this Deed and Well Permit No. 17940, together with the right to drill two (2) small capacity wells on Parcel I-1 as defined in §37-90-105 C.R.S, however, under no circumstances shall Grantee, its successors, or assigns use Lost Creek alluvial designated ground water (as distinguished from Lost Creek designated Denver Basin Groundwater) for new small capacity wells and at no point may Grantee use more than 5 acre feet on Parcel I-1 of Lost Creek Denver Basin Groundwater for the small capacity wells, including any unregistered small capacity wells. Together with all Henrylyn Irrigation District and water rights associated with such District located on Parcel 1-1. EXCLUDING THEREFROM: Any and all water and water rights, whether adjudicated or not (except for the water and water rights described above), all well and well rights, including but not limited to, Well Permit No. 31612FP (former Permit No. 12315) and all easement associated with Well Permit No. 3 l 612FP), which water rights were subject to the terms and conditions of the Findings of Fact, Conclusions of Law, Judgment and Decree of the Court entered by the Adams County District Court on May 10, 2004 in Case No. 98CV 1727, and recorded on June 22, 2004 as Reception No. 20040622000516130 of the books and records of the Adams County Clerk and Recorder, and recorded on June 22, 2004 as Reception No. 3191505 of the books and records of the Weld County Clerk and Recorder; and the Findings of Fact, Conclusions of Law, Judgment and Decree of the Court entered by the Adams County District Court on June 1, 2004 in Case No. 99CV0097, and recorded on June 22, 2004 as Reception No. 20040622000516120 of the books and records of the Adams County Clerk and Recorder, and recorded on June 22, 2004 as Reception No. 3191504 of the books and records of the Weld County Clerk and Recorder; 11 SKID, Inc. LG SEL15975 WE 3537344-2008.011 eRecorded in Weld County, CO Doc Id: 3537344 02/25/2008 04:27 P Receipt#: 7345369 Page: 12 of 15 .Total pee: $76.00 Steve Moreno, Clerk and Recorder together with any of Grantor's rights and interests, if any, in an easement approximately twenty (20) feet in width for a pipeline and ditch from the well designated by Final Permit No. 31612 - FP (formerly Permit No. 12315-R), which is located in the Northwest Quarter (NW1/4) /4) of the Southeast Quarter (SE1/4) of Section 33, Township 2 North, Range 63 West of the 6th P.M. to the North Half (N1/2) of the Northeast Quarter (NE1/4) and Southwest Quarter (SW1/4) 1/4) of the Northeast Quarter (NE1/4) of Section 32, Township 2 North, Range 63 West of the 6th P.M., which easement is approximately described as follows: Beginning at a point near the Northwest corner of the Southwest Quarter (SW 1/4) of Section 33, Township 2 North, Range 63 West of the 6th P.M., then West into the Northeast Quarter (NEI/4) of the Southeast Quarter (SEI/4) of Section 32, Township 2 North, Range 63 West of the 6th P.M., then North into the Southeast Quarter (SE 114) of the Northeast Quarter (NE 1/4) of Section 32, Township 2 North, Range 63 West of the 6th P.M., and parallel to the FAA section line of said Section 32 and West of Weld County Road 65, to a point near the East Quarter corner of the Northeast Quarter (NE 114) of said Section 32, which point is located on the East-West centerline of the Northeast Quarter (NE1/4) of said Section 32. The approximate location of the easement is marked as "A" on Exhibit B to a General Warranty Deed recorded March 23, 1990 at Book 1259, Reception No. 02208805; together with rights -of -way, or other rights of access used in conjunction with the Property, and any of Grantor's rights and interests, if any, in the Agreement dated June 7, 1951 between Frank A. Neill and Rispah A. Neill, Clarence O. Byrnes and Annie Faye Byrnes, and H.E. Crow, recorded August 13, 1951 in Book 1309, Page 220, Reception No. 1112303 with the Clerk and Recorder of Weld County, and the Agreement dated June 7, 1951 between Clarence O. Byrnes and Annie Faye Byrnes, and H.E. Crow, recorded August 13, 1951 in Book 1309, Page 224, Reception No. 1112304 with the Clerk and Recorder of Weld County; all water rights and rights to water in the Denver Basin Aquifers; all subterranean water and water rights, including storage rights; all surface water and water rights; spring and spring rights; all tributary and non -tributary water rights; designated and non -designated water rights; all reservoir and reservoir rights; ditches and ditch rights (excluding Henrylyn Irrigation District and water rights associated with such Districts); all water and ditch company stock, water and sewer tap agreements; any and all easements and rights -of -way for the carriage of water to Parcel I -I , discharge of water from Parcel 1-1, and storage water off Parcel I-1; all utility agreements with any other developers or with any municipality or quasi -municipal special district, if any, which are owned by Grantor, related to or in any way appurtenant to Parcel I-1. PARCEL I -2A LOT B, RECORDED EXEMPTION NO. 1303-33-3-RE1939, RECORDED DECEMBER 27, 1996 IN BOOK 1583 AS RECEPTION NO 2526795 BEING A PART OF THE WEST ONE- HALF OF THE SOUTHWEST ONE -QUARTER OF SECTION 33, TOWNSHIP 2 NORTH, RANGE 63 WEST OF THE SIXTH PRINCIPAL MERIDIAN, COUNTY OF WELD, STATE OF COLORADO; AND BEING MORE PARTICULARLY DESCRIBE/] AS FOLLOWS: BASIS OF BEARINGS: THE WEST LINE OF THE SOUTHWEST ONE -QUARTER OF SECTION 33, TOWNSHIP 2 NORTH, RANGE 63 WEST OF THE SIXTH PRINCIPAL MERIDIAN BEING ASSUMED TO BEARN00°37'53"W A DISTANCE OF 2648.95 FEET. MONUMENTED BY A 2" ALUMINUM CAP STAMPED "INIERMILL LS 12379" AT THE WEST ONE -QUARTER CORNER AND A 2-112" ALUMINUM CAP STAMPED "POWERS 12 SHIM, Inc. 14 SK1.15975 WE 3537344-2008.012 eRecorded in Weld County, CO Doc Id: 3537344 02/25/2008 04:27 P Receipt#: 7345369 Page: 13 of 15 Total Fee: $76.00 Steve Moreno, Clerk and Recorder ELEVATION COMPANY" AT THE SOUTHWEST CORNER. COMMENCING AT THE SOUTHWEST CORNER OF SAID SECTION 33; THENCE ALONG THE WEST LINE OF SAID SOUTHWEST ONE -QUARTER, N00°37'53"W A DISTANCE OF 30.00 FEET; THENCE N89°13'37"E A DISTANCE OF 30.00 FEET TO THE INTERSECTION OF THE EASTERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 65 AND THE NORTHERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 14, BEING TO THE TRUE POINT OF BEGINNING; THENCE ALONG SAID EASTERLY RIGHT-OF-WAY LINE WHICH IS 30.00 FEET EAST AND PARALLEL WITH SAID WEST LINE OF THE SOUTHWEST ONE -QUARTER OF SECTION 33, N00°37'53"W A DISTANCE OF 2354.62 FEET, TO THE SOUTHERLY LINE OF LOT A SAID RECORDED EXEMPTION NO. 1303-33-3-RE1939; THENCE ALONG THE SOUTHERLY LINE OF SAID LOT A, N88°38'15"E A DISTANCE OF 256.59 FEET, TO THE SOUTHEAST CORNER OF SAID LOT A; THENCE ALONG THE EASTERLY LINE OF SAID LOT A, NO3°53'00"W A DISTANCE OF 261.76 FEET, TO THE NORTHEAST CORNER OF SAID LOT A; THENCE ALONG THE NORTH LINE OF SAID SOUTHWEST ONE -QUARTER, N89°17'40"E A DISTANCE OF 1046.06 FEET, TO THE EAST LINE OF SAID WEST ONE- HALF OF THE SOUTHWEST ONE -QUARTER; THENCE ALONG SAID EAST LINE, S00°33143"E A DISTANCE OF 2617.41 FEET, TO SAID NORTHERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 14; THENCE ALONG SAID NORTHERLY RIGHT-OF-WAY LINE WHICH 1S 30.00 FEET NORTH AND PARALLEL WITH SAID SOUTH LINE OF THE WEST ONE-HALF OF THE SOUTHWEST ONE -QUARTER, 589°13'37"W A DISTANCE OF 1284.60 FEET, TO THE POINT OF BEGINNING. CONTAINING AN AREA OF 3,301,954 SQUARE FEET OR 75.802 ACRES. TOGETHER WITH: PARCEL I -2B A PARCEL OF LAND BEING A PART OF THE EAST ONE-HALF OF THE SOUTHWEST ONE -QUARTER OF SECTION 33, TOWNSHIP 2 NORTH, RANGE 63 WEST OF THE SIXTI1 PRINCIPAL MERIDIAN, COUNTY OF WELD, STATE OF COLORADO; AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: 13 SKIM, Inc. LG SKL15975 WE 3537344-2008.013 eRecorded in Weld County, CO Doc Id: 3537344 02/25120O8 04:27 P Receipt#: 7345369 Page: 14 of 15 Total Fee: $76.00 Steve Moreno, Clerk and Recorder BASIS OF BEARINGS: THE EAST LINE OF THE SOUTHWEST ONE -QUARTER OF SECTION 33, TOWNSHIP 2 NORTH, RANGE 63 WEST OF THE SIXTH PRINCIPAL MERIDIAN BEING ASSUMED TO BEAR SOO°29'34"E A DISTANCE OF 2644.99 FEEL MONUMENTED BY A 2-1t2" ALUMINUM CAP STAMPED "INTERMILL LS 12379" AT THE CENTER ONE -QUARTER CORNER AND A 2" ALUMINUM CAP STAMPED "LS 25937" AT THE SOUTH ONE -QUARTER CORNER. COMMENCING AT THE SOUTHEAST CORNER OF SAID SOUTHWEST ONE -QUARTER BEING THE SOUTH ONE -QUARTER CORNER OF SAID SECTION 33; THENCE ALONG THE EAST LINE OF SAID SOUTHWEST ONE -QUARTER, N00°29'34"W A DISTANCE OF 30.00 FEET, TO THE NORTHERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 14 BEING TO THE TRUE POINT OF BEGINNING; THENCE ALONG SAID NORTHERLY RIGHT-OF-WAY LINE WHICH IS 30.00 FEET NORTH AND PARALLEL WITH THE SOUTH LINE OF THE EAST ONE-HALF OF SAID SOUTHWEST ONE -QUARTER, S89°11'18"W A DISTANCE OF 1314.63 FEET, TO THE WEST LINE OF THE EAST ONE-HALF OF THE SOUTHWEST ONE -QUARTER OF SAID SECTION 33; THENCE ALONG SAID WEST LINE ALSO BEING THE EAST LINE OF LOT B, RECORDED EXEMPTION NO. 1303-33-3-RE1939, RECORDED DECEMBER 27, 1996 IN BOOK 1583 AS RECEPTION NO 2526795, N00°33'43"W A DISTANCE OF 2617.41 FEET, TO THE NORTHWEST CORNER OF SAID EAST ONE-HALF OF THE SOUTHWEST ONE -QUARTER OF SAID SECTION 33; THENCE ALONG THE NORTH LINE OF SAID SOUTHWEST ONE -QUARTER, N89°17'40"E A DISTANCE OF 1317.78 FEET, TO THE CENTER ONE -QUARTER CORNER OF SAID SECTION 33; THENCE ALONG SAID EAST LINE OF THE SOUTHWEST ONE -QUARTER OF SAID SECTION 33, S00°2934"E A DISTANCE OF 2614.99 FEET, TO THE POINT OF BEGINNING. CONTAINING AN AREA OF 3,443,425 SQUARE FEET OR 79.050 ACRES Together with all of Grantor's rights, if any, in the small capacity wells located on the Property at the time of execution of this Deed, together with the right to drill two small capacity wells on Parcels I -2A and I -2B as defined in §37-90-105 CRS, however, under no circumstances shall Grantee, its successors, or assigns, or assigns use Lost Creek alluvial designated ground water (as distinguished from Lost Creek designated Denver Basin Groundwater) for new small capacity wells and at no point may Grantee, its successors, or assigns use more than 5 acre feet on Parcels I -2A and 1-2B of Lost Creek Denver Basin Ground Water for the small capacity wells, including any unregistered small capacity wells. Together with all Henrylyn Irrigation I4 sI{IM, Inc. LG SKL15975 WE 3537344-2008.014 eRecorded in Weld County, CO Doc Id: 3537344 02/25/2008 04:27 P Receipt#: 7345369 Page: 15 of 15 Total Fee: $76.00 Steve Moreno, Clerk and Recorder District and water rights associated with such District located on Parcels 1-2A and 1-2B EXCLUDING: Any and all water and water rights, whether adjudicated or not (except for the water and water rights described above), all well and well rights, including but not limited to, Well Permit No. 31652FP, if any, which water rights were subject to the terms and conditions of the Findings of Fact, Conclusions of Law, Judgment and Decree of the Court entered by the Adams County District Court on May 10, 2004 in Case No. 98CV1727, and recorded on June 22, 2004 as Reception No. 20040622000516130 of the books and records of the Adams County Clerk and Recorder, and recorded on June 22, 2004 as Reception No. 3191505 of the books and records of the Weld County Clerk and Recorder; and the Findings of Fact, Conclusions of Law, Judgment and Decree of the Court entered by the Adams County District Court on June 1, 2004 in Case No. 99CV0097, and recorded on June 22, 2004 as Reception No. 20040622000516120 of the books and records of the Adams County Clerk and Recorder, and recorded on June 22, 2004 as Reception No. 3191504 of the books and records of the Weld County Clerk and Recorder; if any, and all easements and rights of way for Well Permit No. 31654FP, all water rights and rights to water in the Denver Basin Aquifers; all subterranean water and water rights, including storage rights; all surface water and water rights; spring and spring rights; all tributary and non - tributary water rights; designated and non designated water rights; all reservoir and reservoir rights; ditches and ditch rights (excluding Henrylyn Irrigation District and water rights associated with such Districts); all water and ditch company stock, water and sewer tap agreements; any and all easements and rights -of -way for the carriage of water to Parcels I -2A and 1-2B, discharge of water from Parcels I -2A and 1-2B, and storage water off Parcels 1-2A and 1-28; all utility agreements with any other developers or with any municipality or quasi -municipal special district, if any, which are owned by Grantor, related to or in any way appurtenant to Parcels I -2A and 1-2B. 15 =ID, Inc. LC SKL15975 WE 3537344-2008.015 eRecorded in Weld County, CO Doc Id: 3537346 02/25/2008 04:27 P Receipt#: 7345371 Page: 1 of 15 Total Fee: $76.00 Steve Moreno, Clerk and Recorder NO DOCUMENTARY FEE REQUIRED/CONVENIENCE DEED EXEMPT FROM REAL PROPERTY TRANSFER TAX/OWNERSHIP CONFIRMATION Special Warranty Deed (515 Capital — Prospect Farms VI) This Deed, made as of the 15 1-41 day of February, 2008, between 515 Capital LLC, a Colorado limited liability company, as grantor ("Grantor"), and Prospect Farms VI LLC, a Colorado limited liability company, as grantee ("Grantee"), whose legal address is 4643 S. Ulster Street, Suite 1300, Denver, Colorado 80237, of the City and County of Denver, State of Colorado. WITNESSETH, that Grantor, for and in for the exchange of the Membership Interest in Grantee, the receipt and sufficiency of which is hereby acknowledged, has granted, bargained, sold and conveyed, and by these presents does grant, bargain, sell, convey and confirm, unto Grantee, its successors and assigns forever, all the real property, together with improvements, if any, situate, lying and being in the County of Weld, State of Colorado, described as follows: See Exhibit A attached hereto and incorporated herein. Together with all and singular the hereditaments and appurtenances thereto belonging, or in anywise appertaining, including, without limitation, all interest, if any, in vacated streets and alleys adjacent thereto, all easements and appurtenances thereto, all improvements thereon and attached fixtures thereon, if any, 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 Grantor, either in law or equity, of, in and to the above bargained premises, with the hereditaments and appurtenances; To Have and to Hold the said premises above bargained and described with the appurtenances, unto Grantee, its successors and assigns forever. Grantor, for itself, its successors and assigns, does covenant and agree that it shall and will WARRANT AND FOREVER DEFEND the above -bargained premises in the quiet and peaceable possession of the Grantee, its successors and assigns, against all and every person or persons claiming the whole or any part thereof, by, through or under Grantor, subject to matters of record. SKLD, Inc. LG 5KL15975 WE 3537346-2008.001 eRecorded in Weld County, CO Doc Id: 3537346 02/25/2008 04:27 P Receipt#: 7345371 Page: 2 of 15 Total Fee: $76.00 Steve Moreno, Clerk and Recorder IN WITNESS WHEREOF, Grantor has executed this deed on the date set forth above. 515 Capital LLC, a Colorado limited liability company By: Joel arkas, Manager STATE OF COLORADO ) ) ss. CITY AND COUNTY OF DENVER ) The foregoing instrument was acknowledged before me this Zo day of February, 2008, by Joel H. Farkas, as Manager for 515 Capital LLC, a Colorado limited liability company, on its behalf. Witness my hand and official seal. expires: 511 loB' 2 Notary Public SKID, Inc. LC SKL15975 WE 3537346-2008.002 eRecorded in Weld County, CO Doc Id: 3537346 02/25/2008 04:27 P Receipt#: 7345371 Page: 3 of 15 Total Fee: $76.00 Steve Moreno, Clerk and Recorder EXHIBIT A LEGAL DESCRIPTION OF PROPERTY Parcel D A PART OF THE SECTION 27, TOWNSHIP 1 NORTH, RANGE 63 WEST OF THE SIXTH PRINCIPAL MERIDIAN, COUNTY OF WELD, STATE OF COLORADO, LYING NORTH AND WEST OF PROSPECT LATERAL, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BASIS OF BEARINGS: THE NORTH LINE OF THE NORTHWEST ONE -QUARTER OF SECTION 27, TOWNSHIP 1 NORTH, RANGE 63 WEST OF THE SIXTH PRINCIPAL MERIDIAN BEING ASSUMED TO BEAR N88°57'01 "E A DISTANCE OF 2644.91 FEET. MONUMENTED BY A 3-1/4" ALUMINUM CAP STAMPED "ALPHA ENGRG LS 25937" AT THE NORTHWEST CORNER AND A 2" ALUMINUM CAP STAMPED "ALPHA ENGRG LS 25937" AT THE NORTH ONE -QUARTER CORNER. COMMENCING AT THE NORTHWEST CORNER OF SAID SECTION 27; THENCE ALONG THE NORTH LINE OF THE NORTHWEST ONE -QUARTER OF SAID SECTION 27, N88°57'01"E A DISTANCE OF 820.00 FEET, TO THE NORTHEAST CORNER OF SAID PARCEL DESCRIBED IN DEED RECORDED JUNE 9, 1923 IN BOOK 711 AT PAGE 148; THENCE ALONG THE EASTERLY LINE OF SAID PARCEL, S00°18'35"E A DISTANCE OF 30.00 FEET, TO THE SOUTHERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 6, BEING THE TRUE POINT OF BEGINNING; THENCE ALONG SAID SOUTHERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 6 WHICH IS 30 FEET SOUTH AND PARALLEL WITH SAID NORTH LINE OF THE NORTHWEST ONE -QUARTER OF SECTION 27, N88°57'01 "E A DISTANCE OF 1825.30 FEET; THENCE CONTINUING ALONG SAID SOUTHERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 6 WHICH IS 30 FEET SOUTH AND PARALLEL WITH THE NORTH LINE OF THE NORTHEAST ONE -QUARTER OF SAID SECTION 27, N88°57'00"E A DISTANCE OF 1902.96 FEET, TO THE CENTERLINE OF PROSPECT LATERAL; THENCE ALONG THE CENTERLINE OF PROSPECT LATERAL THE FOLLOWING FORTY-SIX (46) COURSES: SI6°27'52"W A DISTANCE OF 297.11 FEET; S 13°28'30"W A DISTANCE OF 195.40 FEET, TO A POINT OF CURVE; 3 SKIM, Inc. LG SKL15975 WE 3537346-2008.003 eRecorded in Weld County, CO Doc Id: 3537346 02/25/2008 04:27 P Receipt#: 7345371 Page: 4 of 15 Total Fee: $76.00 Steve Moreno, Clerk and Recorder ALONG THE ARC OF A CURVE TO THE RIGHT WHOSE RADIUS POINT BEARS N76°31'30"W, HAVING A RADIUS OF 200.00 FEET, A CENTRAL ANGLE OF 15°51'32" AND AN ARC LENGTH OF 55.36 FEET, TO A POINT OF REVERSE CURVE; ALONG THE ARC OF A CURVE TO THE LEFT WHOSE RADIUS POINT BEARS $60°39'59"E, HAVING A RADIUS OF 170.00 FEET, A CENTRAL ANGLE OF 24°00'07" AND AN ARC LENGTH OF 7L22 FEET, TO A POINT OF REVERSE CURVE; ALONG THE ARC OF A CURVE TO THE RIGHT WHOSE RADIUS POINT BEARS N84°40'06"W, HAVING A RADIUS OF 350.00 FEET, A CENTRAL ANGLE OF 20°03'07" AND AN ARC LENGTH OF 122.49 FEET, TO A POINT OF TANGENCY; S25°23'01 "W A DISTANCE OF 1555.84 FEET; S25°37'06"W A DISTANCE OF 663.61 FEET; S25°02'30"W A DISTANCE OF 690.38 FEET, TO A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE LEFT WHOSE RADIUS POINT BEARS $64°57'30"E, HAVING A RADIUS OF 200.00 FEET, A CENTRAL ANGLE OF 07°16'47" AND AN ARC LENGTH OF 25.41 FEET, TO A POINT OF REVERSE CURVE; ALONG THE ARC OF A CURVE TO THE RIGHT WHOSE RADIUS POINT BEARS N72°14'17"W, HAVING A RADIUS OF 200.00 FEET, A CENTRAL ANGLE OF 17°45'01" AND AN ARC LENGTH OF 6L96 FEET, TO A POINT OF REVERSE CURVE; ALONG THE ARC OF A CURVE TO THE LEFT WHOSE RADIUS POINT BEARS S54°29'16"E, HAVING A RADIUS OF 300.00 FEET, A CENTRAL ANGLE OF 14°07'38" AND AN ARC LENGTH OF 73.97 FEET, TO A POINT OF TANGENCY; 521°23105"W A DISTANCE OF 137.05 FEET, TO A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE RIGHT WHOSE RADIUS POINT BEARS N68°36'55"W, HAVING A RADIUS OF 250.00 FEET, A CENTRAL ANGLE OF 30°47'31" AND AN ARC LENGTH OF 134.36 FEET, TO A POINT OF TANGENCY; S52°10'36"W A DISTANCE OF 169.24 FEET, TO A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE LEFT WHOSE RADIUS POINT BEARS S37°49'24"E, HAVING A RADIUS OF 205.00 FEET, A CENTRAL ANGLE OF 70°34'07" AND AN ARC LENGTH OF 252A9 FEET, TO A POINT OF TANGENCY; 518°23'31"E A DISTANCE OF 266.27 FEET, TO A POINT OF CURVE; 4 SKLD, Inc. LG SKL15975 WE 3537346-2008.004 °Recorded in Weld County, CO Doc Id: 3537346 02/25/2008 04:27 P Receipt#: 7345371 Page: 5 of 15 Total Fee: $76D0 Steve Moreno, Clerk and Recorder ALONG THE ARC OF A CURVE TO THE RIGHT WHOSE RADIUS POINT BEARS S71 °36'29"W, HAVING A RADIUS OF 1000 FEET, A CENTRAL ANGLE OF 76°52'26" AND AN ARC LENGTH OF 134.17 FEET, TO A POINT OF TANGENCY; S58°28'55"W A DISTANCE OF 57.00 FEET, TO A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE RIGHT WHOSE RADIUS POINT BEARS N31°31'05"W, HAVING A RADIUS OF 200.00 FEET, A CENTRAL ANGLE OF 44°20'52" AND AN ARC LENGTH OF 154.80 FEET, TO A POINT OF TANGENCY; N77°10'13"W A DISTANCE OF 125.98 FEET, TO A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE LEFT WHOSE RADIUS POINT BEARS S12°49'47"W, HAVING A RADIUS OF 200.00 FEET, A CENTRAL ANGLE OF 08°21'33" AND AN ARC LENGTH OF 29.18 FEET, TO A POINT OF TANGENCY; N85°31'46"W A DISTANCE OF 115.11 FEET, TO A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE RIGHT WHOSE RADIUS POINT BEARS N04°28'14"E, HAVING A RADIUS OF 125.00 FEET, A CENTRAL ANGLE OF 39°26'34" AND AN ARC LENGTH OF 86.05 FEET, TO A POINT OF TANGENCY; N46°05111"W "W A DISTANCE OF 50.49 I'1; N35°00'50"W A DISTANCE OF 267.40 FEET, TO A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE LEFT WHOSE RADIUS POINT BEARS S54°59'10"W, HAVING A RADIUS OF 150.00 FEET, A CENTRAL ANGLE OF 50°24'36" AND AN ARC LENGTH OF 131.97 FEET, TO A POINT OF REVERSE CURVE; ALONG THE ARC OF A CURVE TO THE RIGHT WHOSE RADIUS POINT BEARS N04°34'34"E, HAVING A RADIUS OF 500.00 FEET, A CENTRAL ANGLE OF 26°38'30" AND AN ARC LENGTH OF 232.49 FEET, TO A POINT OF REVERSE CURVE; ALONG THE ARC OF A CURVE TO THE LEFT WHOSE RADIUS POINT BEARS S31 ° 13'04"W, HAVING A RADIUS OF 400.00 FEET, A CENTRAL ANGLE OF 1501017" AND AN ARC LENGTH OF 105.95 FEET, TO A POINT OF TANGENCY; N73°57'33"W A DISTANCE OF 80.76 FEET, TO A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE RIGHT WHOSE RADIUS POINT BEARS N16°0212716, HAVING A RADIUS OF 500.00 FEET, A CENTRAL ANGLE OF 20°09'20" AND AN ARC LENGTH OF 175.89 FEET, TO A POINT OF TANGENCY; N53°48' 13 "W A DISTANCE OF 53.67 FEET; 5 SKID, Inc. LG SKL15975 WE 3537346-2008.005 °Recorded in Weld County, CO Doc Id: 3537346 02/25/2008 04:27 P Receipt#: 7345371 Page: 6 of 15 Total Fee: $76.00 Steve Moreno, Clerk and Recorder N59°56'17"W A DISTANCE OF 107.47 FEET, TO A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE LEFT WHOSE RADIUS POINT BEARS S30°03'43"W, HAVING A RADIUS OF 125.00 FEET, A CENTRAL ANGLE OF 52°04'57" AND AN ARC LENGTH OF 113.63 FEET, TO A POINT OF TANGENCY; $67°58'46"W A DISTANCE OF 73.10 FEET, TO A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE RIGHT WHOSE RADIUS POINT BEARS N22°01'14"W, HAVING A RADIUS OF 600.00 FEET, A CENTRAL ANGLE OF 19°14'53" AND AN ARC LENGTH OF 201.57 FEET, TO A POINT OF TANGENCY; S87°13'39"W A DISTANCE OF 137.38 FEET; N84°25'50"W A DISTANCE OF 77.12 FEET, TO A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE LEFT WHOSE RADIUS POINT BEARS S05°34'I0"W, HAVING A RADIUS OF 125.00 FEET, A CENTRAL ANGLE OF 25°28'47" AND AN ARC LENGTH OF 55.59 FEET, TO A POINT OF REVERSE CURVE; ALONG THE ARC OF A CURVE TO THE RIGHT WHOSE RADIUS POINT BEARS N19°54'36"W, HAVING A RADIUS OF 150.00 FEET, A CENTRAL ANGLE OF 19°34'07" AND AN ARC LENGTH OF 51.23 FEET, TO A POINT OF TANGENCY; S89°39'31 "W A DISTANCE OF 136.63 FEET, TO A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE LEFT WHOSE RADIUS POINT BEARS S00°20'29"E, HAVING A RADIUS OF 140.00 FEET, A CENTRAL ANGLE OF 69°04'11" AND AN ARC LENGTH OF 168.77 FEET, TO A POINT OF TANGENCY; S20°35'21"W A DISTANCE OF 155.78 FJ E1, TO A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE LEFT WHOSE RADIUS POINT BEARS 568°46'09"E, HAVING A RADIUS OF 500.00 FEET, A CENTRAL ANGLE OF 11°00'48" AND AN ARC LENGTH OF 96.11 FEET, TO A POINT OF TANGENCY; S 10°13'03"W A DISTANCE OF 58.79 FEET, TO A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE RIGHT WHOSE RADIUS POINT BEARS N79°46'57"W, HAVING A RADIUS OF 100.00 FEET, A CENTRAL ANGLE OF 45°04'00" AND AN ARC LENGTH OF 78.66 FEET, TO A POINT OF TANGENCY; S55°17'03"W A DISTANCE OF 75.62 FEET, TO THE EASTERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 67; 6 SSLD, Inc. LG SKL15975 WE 3537346-2006.006 eRecorded in Weld County, CO Doc Id: 3537346 02/25/2008 04:27 P Receipt#: 7345371 Page: 7 of 15 Total Fee: $76.00 Steve Moreno, Clerk and Recorder THENCE ALONG SAID EASTERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 67 WHICH IS 30 FEET EAST AND PARALLEL WITH THE WEST LINE OF THE SOUTHWEST ONE -QUARTER OF SAID SECTION 27, N00°18'35"W A DISTANCE OF 1666.65 FEET; THENCE CONTINUING ALONG SAID EASTERLY RIGHT -OF' -WAY LINE OF WELD COUNTY ROAD 67 WHICH IS 30 FEET EAST AND PARALLEL WITH THE WEST LINE OF SAID NORTHWEST ONE-QUAR Imo. OF SECTION 27, N00°18'35"W A DISTANCE OF 1574.76 FEET, TO THE SOUTHERLY LINE OF SAID PARCEL DESCRIBED IN DEED RECORDED JUNE 9, 1923 IN BOOK 711 AT PAGE 148; THENCE ALONG SAID SOUTHERLY LINE OF SAID PARCEL, N88°57'01 "E A DISTANCE OF 790.00 FEET, TO THE SOUTHEAST CORNER OF SAID PARCEL; THENCE ALONG THE EASTERLY LINE OF SAID PARCEL, N00°18'35" W A DISTANCE OF 1030.00 FEET, TO THE TRUE POINT OF BEGINNING. CONTAINING AN AREA OF 13,853,692 SQUARE libel' OR 318.037 ACRES. Together with all of Grantor's rights, if any, in the small capacity wells located on the Property at the time of execution of this Deed, together with the right to drill two (2) small capacity wells on Parcel D as defined in §37-90-105 C.R.S, however, under no circumstances shall Grantee, its successors, or assigns use Lost Creek alluvial designated ground water (as distinguished from Lost Creek designated Denver Basin Groundwater) for new small capacity wells and at no point may Grantee use more than 5 acre feet on Parcel D of Lost Creek Denver Basin Groundwater for the small capacity wells, including any unregistered small capacity wells. Together with all Henrylyn Irrigation District and water rights associated with such District located on Parcel D. EXCLUDING THEREFROM: Any and all water and water rights, whether adjudicated or not (except for the water and water rights described above), all well and well rights, including but not limited to, Well Permit Nos. 12123FP (former Permit No. 12123R), and 12124FP (former Permit No. 12124R), which water rights were subject to the terms and conditions of the Findings of Fact, Conclusions of Law, Judgment and Decree of the Court entered by the Adams County District Court on May 10, 2004 in Case No. 98CV1727, and recorded on June 22, 2004 as Reception No. 20040622000516130 of the books and records of the Adams County Clerk and Recorder, and recorded on June 22, 2004 as Reception No. 3191505 of the books and records of the Weld County Clerk and Recorder; and the Findings of Fact, Conclusions of Law, Judgment and Decree of the Court entered by the Adams County District Court on June 1, 2004 in Case No. 99CV0097, and recorded on June 22, 2004 as Reception No. 20040622000516120 of the books and records of the Adams County Clerk and Recorder, and recorded on June 22, 2004 as Reception No. 3191504 of the books and records of the Weld County Clerk and Recorder; all water rights and rights to water in the Denver Basin Aquifers; all subterranean water and water rights, including storage rights; all surface water and water rights; spring and spring rights; all tributary and non - 7 SKLD, Inc. LG SKL15975 WE 3537346-2008.007 eRecorded in Weld County, CO Doc Id: 3537346 02/25/2008 04:27 P Receipt#: 7345371 Page. 8 of 15 Total Fee: $76.00 Steve Moreno, Clerk and Recorder tributary water rights; designated and non -designated water rights; all reservoir and reservoir rights; ditches and ditch rights (excluding Henrylyn Irrigation District and water rights associated with such Districts); all water and ditch company stock, water and sewer tap agreements; any and all easements and rights -of -way for the carriage of water to Parcel D, discharge of water from Parcel D, and storage water off Parcel D; all utility agreements with any other developers or with any municipality or quasi -municipal special district, if any, which are owned by Grantor, related to or in any way appurtenant to Parcel D. Parcel H A PART OF THE WEST ONE-IIALF OF SECTION 35, TOWNSHIP 2 NORTH, RANGE 63 WEST OF THE SIXTH PRINCIPAL MERIDIAN, COUNTY OF WELD, STATE OF COLORADO; AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BASIS OF BEARINGS: THE WEST LINE OF THE SOUTHWEST ONE -QUARTER OF SECTION 35, TOWNSHIP 2 NORTH, RANGE 63 WEST OF THE SIXTH PRINCIPAL MERIDIAN BEING ASSUMED TO BEAR N00°24' 12"W A DISTANCE OF 2643.41 FEET. MONUMENTED BY A 2-1/2" ALUMINUM CAP STAMPED "ALLES AND ASSOCIATES PLS 9644" AT THE WEST ONE -QUARTER CORNER AND A 3-1/4" ALUMINUM CAP STAMPED "NOLTE LS 28656" AT THE SOUTHWEST CORNER. COMMENCING AT THE SOUTHWEST CORNER OF SAID SECTION 35; THENCE ALONG THE WEST LINE OF THE SOUTHWEST ONE -QUARTER OF SAID SECTION 35, N00°24' 12"W A DISTANCE OF 30.00 FEET TO THE NORTHERLY RIGHT- OF-WAY LINE OF WELD COUNTY ROAD 14 EXTENDED; THENCE ALONG SAID NORTHERLY RIGHT-OF-WAY LINE EXTENDED, N89°14'57"E A DISTANCE OF 30.00 FEET TO THE EASTERLY RIGHT-OF-WAY LINE OF COLORADO STATE HIGHWAY 79 BEING THE TRUE POINT OF BEGINNING; THENCE ALONG SAID EASTERLY RIGHT-OF-WAY LINE WHICH IS 30 FEET EAST AND PARALLEL WITH SAID WEST LINE OF THE SOUTHWEST ONE -QUARTER OF SAID SECTION 35, N00°24'12"W A DISTANCE OF 2613.38 FEET; THENCE CONTINUING ALONG SAID EASTERLY RIGHT-OF-WAY LINE WHICH IS 30 FEET EAST AND PARALLEL WITH THE WEST LINE OF THE NORTHWEST ONE - QUARTER OF SAID SECTION 35,1400°24'24"W A DISTANCE OF 2613.13 FEET, TO THE SOUTHERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 16; THENCE ALONG SAID SOUTHERLY RIGHT-OF-WAY LINE WHICH IS 30 FEET SOUTH AND PARALLEL WITH SAID NORTH LINE OF THE NORTHWEST ONE -QUARTER OF SAID SECTION 35, N89°17'42"E A DISTANCE OF 2614.64 FEET, TO THE EAST LINE OF SAID NORTHWEST ONE -QUARTER OF SAID SECTION 35; 8 SKIM, Inc. I,G SKL15975 WE 3537346-2008.008 RRecorded in Weld County, CO Doc Id: 3537346 02/25/2008 04:27 P Receipt#: 7345371 Page: 9 of 15 Total Fee: $76.00 Steve Moreno, Clerk and Recorder THENCE ALONG SAID EAST LINE OF THE NORTHWEST ONE -QUARTER, S00°32'58"E A DISTANCE OF 2613.17 FEET, TO THE CENTER ONE -QUARTER CORNER OF SAID SECTION 35; THENCE ALONG THE EAST LINE OF SAID SOUTHWEST ONE -QUARTER OF SAID SECTION 35, S00°32'51"E A DISTANCE OF 2611.18 FEET, TO SAID NORTHERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 14; THENCE ALONG SAID NORTHERLY RIGHT-OF-WAY LINE WHICH IS 30 FEET NORTH AND PARALLEL WITH SAID SOUTH LINE OF THE SOUTHWEST ONE - QUARTER OF SAID SECTION 35, 589°14'57"W A DISTANCE OF 2627.73 FEET, TO THE POINT OF BEGINNING. CONTAINING AN AREA OF 13,696,581 SQUARE FEET OR 314.430 ACRES. Together with all of Grantor's rights, if any, in the small capacity wells located on the Property at the time of execution of this Deed, together with the right to drill two (2) small capacity wells on Parcel H as defined in §37-90-105 C.R.S, however, under no circumstances shall Grantee, its successors, or assigns use Lost Creek alluvial designated ground water (as distinguished from Lost Creek designated Denver Basin Groundwater) for new small capacity wells and at no point may Grantee use more than 5 acre feet on Parcel H of Lost Creek Denver Basin Groundwater for the small capacity wells, including any unregistered small capacity wells. Together with all Henrylyn Irrigation District and water rights associated with such District located on Parcel H. EXCLUDING THEREFROM: Any and all water and water rights, whether adjudicated or not (except for the water and water rights described above), all well and well rights, including but not limited to, Well Permit Nos. 1771 EP (former Permit No. 1771R), 1772FP (former Permit No. 1772R), l 773FP (former Permit No. 1773R) and 1774FP (former Permit No. 1774R), which water rights were subject to the terms and conditions of the Findings of Fact, Conclusions of Law, Judgment and Decree of the Court entered by the Adams County District Court on May 10, 2004 in Case No. 98CV 1727, and recorded on June 22, 2004 as Reception No. 20040622000516130 of the books and records of the Adams County Clerk and Recorder, and recorded on June 22, 2004 as Reception No. 3191505 of the books and records of the Weld County Clerk and Recorder; and the Findings of Fact, Conclusions of Law, Judgment and Decree of the Court entered by the Adams County District Court on June 1, 2004 in Case No. 99CV0097, and recorded on June 22, 2004 as Reception No. 20040622000516120 of the books and records of the Adams County Clerk and Recorder, and recorded on June 22, 2004 as Reception No. 3191504 of the books and records of the Weld County Clerk and Recorder; all water rights and rights to water in the Denver Basin Aquifers; all subterranean water and water rights, including storage rights; all surface water and water rights; spring and spring rights; all tributary and non -tributary water rights; designated and non -designated water rights; all reservoir and reservoir rights; ditches and ditch rights (excluding Henrylyn Irrigation District and water rights associated with such Districts); all water and ditch company stock, water and sewer tap agreements; any and all easements and rights -of -way for the 9 SKID, Inc. LG SKL15975 WE 3537346-2008.009 eRecorded in Weld County, CO Doc Id: 3537346 02/25/2008 04:27 P Receipt#: 7345371 Page: 10 of 15 Total Fee: $76.00 Steve Moreno, Clerk and Recorder carriage of water to Parcel H, discharge of water from Parcel H, and storage water off Parcel H; all utility agreements with any other developers or with any municipality or quasi -municipal special district, if any, which are owned by Grantor, related to or in any way appurtenant to Parcel H. Parcel 1-1 A PARCEL OF LAND BEING A PART OF THE NORTH ONE-HALF OF THE NORTHEAST ONE -QUARTER AND A PART OF THE SOUTHWEST ONE -QUARTER OF THE NORTHEAST ONE -QUARTER OF SECTION 32, TOWNSHIP 2 NORTH, RANGE 63 WEST OF THE SIXTH PRINCIPAL MERIDIAN, COUNTY OF WELD, STATE OF COLORADO, AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BASIS OF BEARINGS: THE NORTH LINE OF THE NORTHEAST ONE -QUARTER OF SECTION 32, TOWNSHIP 2 NORTH, RANGE 63 WEST OF THE SIXTH PRINCIPAL MERIDIAN BEING ASSUMED TO BEAR N89°10'05"E A DISTANCE OF 2636.16 FEET. MONUMEN i Ell BY A 3-1/4" ALUMINUM CAP STAMPED "KING SURVEYORS INC LS 2209$" AT THE NORTH ONE -QUARTER CORNER AND A 3-1/4" ALUMINUM CAP STAMPED "MCRAE & SHORT INC LS 7242" AT THE NORTHEAST CORNER OF SAID SECTION 32. COMMENCING AT THE NORTHEAST CORNER OF SAID SECTION 32; THENCE ALONG THE NORTH LINE OF THE NORTHEAST ONE -QUARTER OF THE NORTHEAST ONE -QUARTER OF SAID SECTION 32, S89°10'05"W A DISTANCE OF 30.00 FEET; THENCE S00°38'37"E A DISTANCE OF 30.00 FEET, TO THE INTERSECTION OF THE WESTERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 65 AND THE SOUTHERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 16, BEING THE TRUE POINT OF BEGINNING; THENCE ALONG SAID WESTERLY RIGHT-OF-WAY LINE WHICH IS 30.00 FEET WEST AND PARALLEL WITH THE EAST LINE OF THE NORTHEAST ONE -QUARTER OF THE NORTHEAST ONE -QUARTER OF SAID SECTION 32, S00°38'37"E A DISTANCE OF 1289.14 FEET, TO THE SOUTH LINE OF SAID NORTHEAST ONE -QUARTER OF THE NORTHEAST ONE -QUARTER OF SAID SECTION 32; THENCE ALONG SAID SOUTH LINE, 589°08'47"W A DISTANCE OF 1287.36 FEET TO THE NORTHEAST ONE -SIXTEENTH CORNER OF SAID SECTION 32; THENCE ALONG THE SOUTH LINE OF THE NORTHWEST ONE -QUARTER OF THE NORTHEAST ONE -QUARTER OF SAID SECTION 32, 389°08'47"W A DISTANCE OF 15.00 FEET; 10 STCLD, Inc. LG SKL15375 WE 3537346-2008.010 eRecorded in Weld County, CO Doc Id: 3537346 02/25/2008 04:27 P Receipt#: 7345371 Page: 11 of 15 Total Fee: $76.00 Steve Moreno, Clerk and Recorder THENCE PARALLEL WITH AND 15.00 FEET WEST OF THE EAST LINE OF THE SOUTHWEST ONE -QUARTER OF THE NORTHEAST ONE -QUARTER OF SAID SECTION 32, S00°40'30"E A DISTANCE OF 1319.63 FEET, TO THE SOUTH LINE OF SAID SOUTHWEST ONE -QUARTER OF THE NORTHEAST ONE -QUARTER OF SAID SECTION 32; THENCE ALONG SAID SOUTH LINE, S89°07'29" W A DISTANCE OF 1301.64 FEET, TO THE CENTER ONE -QUARTER CORNER OF SAID SECTION 32; THENCE ALONG THE WEST LINE OF THE NORTHEAST ONE -QUARTER OF SAID SECTION 32, N00°42`23"W A DISTANCE OF 2610.25 FEET, TO SAID SOUTHERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 16; THENCE ALONG SAID SOUTHERLY RIGHT-OF-WAY LINE WHICH IS 30.00 FEET SOUTH AND PARALLEL WITH THE NORTH LINE OF THE NORTHEAST ONE - QUARTER OF SAID SECTION 32, N89°!0'05"E A DISTANCE OF 2606.12 FEET, TO THE POINT OF BEGINNING. CONTAINING AN AREA OF 5,078,501 SQUARE FEET OR 116.586 ACRES. Together with all of Grantor's rights, if any, in the small capacity wells located on the Property at the time of execution of this Deed and Well Permit No. 17940, together with the right to drill two (2) small capacity wells on Parcel I-1 as defined in §37-90-105 C.R.S, however, under no circumstances shall Grantee, its successors, or assigns use Lost Creek alluvial designated ground water (as distinguished from Lost Creek designated Denver Basin Groundwater) for new small capacity wells and at no point may Grantee use more than 5 acre feet on Parcel 1-1 of Lost Creek Denver Basin Groundwater for the small capacity wells, including any unregistered small capacity wells. Together with all Henrylyn Irrigation District and water rights associated with such District located on Parcel I-1. EXCLUDING THEREFROM: Any and all water and water rights, whether adjudicated or not (except for the water and water rights described above), all well and well rights, including but not limited to, Well Permit No. 31612FP (former Permit No. 12315) and all easement associated with Well Permit No. 31612FP), which water rights were subject to the terms and conditions of the Findings of Fact, Conclusions of Law, Judgment and Decree of the Court entered by the Adams County District Court on May 10, 2004 in Case No. 98CV 1727, and recorded on June 22, 2004 as Reception No. 20040622000516130 of the books and records of the Adams County Clerk and Recorder, and recorded on June 22, 2004 as Reception No. 3191505 of the books and records of the Weld County Clerk and Recorder; and the Findings of Fact, Conclusions of Law, Judgment and Decree of the Court entered by the Adams County District Court on June 1, 2004 in Case No. 99CV0097, and recorded on June 22, 2004 as Reception No. 20040622000516120 of the books and records of the Adams County Clerk and Recorder, and recorded on June 22, 2004 as 11 SKID, Inc. LG SYCLX5975 WE 3537346-2008.011 eRecorded in Weld County, CO Doc Id: 3537346 02/25/2008 04:27 P Receipt#: 7345371 Page: 12 of 15 Total Fee: $76.00 Steve Moreno, Clerk and Recorder Reception No. 3191504 of the books and records of the Weld County Clerk and Recorder; together with any of Grantor's rights and interests, if any, in an easement approximately twenty (20) feet in width for a pipeline and ditch from the well designated by Final Permit No. 31612 - FP (formerly Permit No. 12315-R), which is located in the Northwest Quarter (NW1/4) of the Southeast Quarter (SE114) of Section 33, Township 2 North, Range 63 West of the 6th P.M. to the North Half (N I/2) of the Northeast Quarter (NE1/4) /4) and Southwest Quarter (SW l/4) of the Northeast Quarter (NE1 /4) of Section 32, Township 2 North, Range 63 West of the 6th P.M., which easement is approximately described as follows: Beginning at a point near the Northwest corner of the Southwest Quarter (SW 114) of Section 33, Township 2 North, Range 63 West of the 6U' P.M., then West into the Northeast Quarter (NE1/4) of the Southeast Quarter (SE1/4) of Section 32, Township 2 North, Range 63 West of the 6th P.M., then North into the Southeast Quarter (SE1/4) of the Northeast Quarter (NE1/4) of Section 32, Township 2 North, Range 63 West of the 6`h P.M., and parallel to the East section line of said Section 32 and West of Weld County Road 65, to a point near the East Quarter corner of the Northeast Quarter (NE1/4) of said Section 32, which point is located on the East-West centerline of the Northeast Quarter (NE1/4) of said Section 32. The approximate location of the easement is marked as "A" on Exhibit B to a General Warranty Deed recorded March 23, 1990 at Book 1259, Reception No. 02208805; together with rights -of -way, or other rights of access used in conjunction with the Property, and any of Grantor's rights and interests, if any, in the Agreement dated June 7, 1951 between Frank A. Neill and Rispah A. Neill, Clarence O. Byrnes and Annie Faye Byrnes, and H.E. Crow, recorded August 13, 1951 in Book 1309, Page 220, Reception No. 1112303 with the Clerk and Recorder of Weld County, and the Agreement dated June 7, 1951 between Clarence O. Byrnes and Annie Faye Byrnes, and H.E. Crow, recorded August 13, 1951 in Book 1309, Page 224, Reception No. 1112304 with the Clerk and Recorder of Weld County; all water rights and rights to water in the Denver Basin Aquifers; all subterranean water and water rights, including storage rights; all surface water and water rights; spring and spring rights; all tributary and non -tributary water rights; designated and non -designated water rights; all reservoir and reservoir rights; ditches and ditch rights (excluding Henrylyn Irrigation District and water rights associated with. such Districts); all water and ditch company stock, water and sewer tap agreements; any and all easements and rights -of -way for the carriage of water to Parcel I-1, discharge of water from Parcel I-1, and storage water off Parcel I-1; all utility agreements with any other developers or with any municipality or quasi -municipal special district, if any, which are owned by Grantor, related to or in any way appurtenant to Parcel I-1. PARCEL 1-2A LOT B, RECORDED EXEMPTION NO. 1303-33-3-RE1939, RECORDED DECEMBER 27, 1996 IN BOOK 1583 AS RECEPTION NO 2526795 BEING A PART OF THE WEST ONE- HALF OF THE SOUTHWEST ONE -QUARTER OF SECTION 33, TOWNSHIP 2 NORTH, RANGE 63 WEST OF THE SIXTH PRINCIPAL MERIDIAN, COUNTY OF WELD, STATE OF COLORADO; AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BASIS OF BEARINGS: THE WEST LINE OF THE SOUTHWEST ONE -QUARTER OF SECTION 33, TOWNSHIP 2 NORTH, RANGE 63 WEST OF THE SIXTH PRINCIPAL MERIDIAN BEING ASSUMED TO BEAR N00°37'53"W A DISTANCE OF 2648.95 FEET. MONUMENTED BY A 2" ALUMINUM CAP STAMPED "INTERMILL LS 12379" AT THE 12 SKID, Inc. LG SKL15975 WE 3537346-2008.012 eRecorded in Weld County, CO Doc Id: 3537346 02/25/2008 04:27 P Receipt#: 7345371 Page: 13 of 15 Total Fee: $76.00 Steve Moreno, Clerk and Recorder WEST ONE -QUARTER CORNER AND A 2-11/2" ALUMINUM CAP STAMPED "POWERS ELEVATION COMPANY" AT THE SOUTHWEST CORNER. COMMENCING AT THE SOUTHWEST CORNER OF SAID SECTION 33; THENCE ALONG THE WEST LINE OF SAID SOUTHWEST ONE -QUARTER, N00°37'53"W A DISTANCE OF 30.00 FEET; THENCE N89° 13' 37"E A DISTANCE OF 30.00 FEET TO THE INTERSECTION OF THE EASTERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 65 AND THE NORTHERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 14, BEING TO THE TRUE POINT OF BEGINNING; THENCE ALONG SAID EASTERLY RIGHT-OF-WAY LINE WHICH IS 30.00 FEET EAST AND PARALLEL WITH SAID WEST LINE OF THE SOUTHWEST ONE -QUARTER OF SECTION 33, N00°37'53"W A DISTANCE OF 2354.62 FEET, TO THE SOUTHERLY LINE OF LOT A SAID RECORDED EXEMPTION NO. 1303-33-3-RE1939; THENCE ALONG THE SOUTHERLY LINE OF SAID LOT A, N88°38'15"E A DISTANCE OF 256.59 FEET, TO THE SOUTHEAST CORNER OF SAID LOT A; THENCE ALONG THE EASTERLY LINE OF SAID LOT A, N03°53'00"W A DISTANCE OF 261.76 FEET, TO THE NORTHEAST CORNER OF SAID LOT A; THENCE ALONG THE NORTH LINE OF SAID SOUTHWEST ONE -QUARTER, N89°1T40"E A DISTANCE OF 1046.06 FEET, TO THE EAST LINE OF SAID WEST ONE- HALF OF THE SOUTHWEST ONE -QUARTER; THENCE ALONG SAID EAST LINE, S00°33'43"E A DISTANCE OF 2617.41 FEET, TO SAID NORTHERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 14; THENCE ALONG SAID NORTHERLY RIGHT-OF-WAY LINE WHICH IS 30.00 FEET NORTH AND PARALLEL WITH SAID SOUTH LINE OF THE WEST ONE-HALF OF THE SOUTHWEST ONE -QUARTER, S89°I3'37"W A DISTANCE OF 1284.60 FEET, TO THE POINT OF BEGINNING. 13 SKID, Inc. LG SKL15975 WE 3537346-2008.013 eRecorded in Weld County, CO Doc Id: 3537346 02125/2008 04:27 P Receipt#: 7345371 Page: 14 of 15 Total Fee: $76.00 Steve Moreno, Clerk and Recorder CONTAINING AN AREA OF 3,301,954 SQUARE FEET OR 75.802 ACRES. TOGETHER WITH: PARCEL 2B A PARCEL OF LAND BEING A PART OF THE EAST ONE-HALF OF THE SOUTHWEST ONE -QUARTER OF SECTION 33, TOWNSHIP 2 NORTH, RANGE 63 WEST OF THE SIXTH PRINCIPAL MERIDIAN, COUNTY OF WELD, STATE OF COLORADO; AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BASIS OF BEARINGS: THE EAST LINE OF THE SOUTHWEST ONE -QUARTER OF SECTION 33, TOWNSHIP 2 NORTH, RANGE 63 WEST OF THE SIXTH PRINCIPAL MERIDIAN BEING ASSUMED TO BEAR S00°29'34"E A DISTANCE OF 2644.99 FEET. MONUMENTED BY A 2-1/2" ALUMINUM CAP STAMPED "INTERMILL LS 12379" AT THE CENTER ONE -QUARTER CORNER AND A 2" ALUMINUM CAP STAMPED "LS 25937" AT THE SOUTH ONE -QUARTER CORNER. COMMENCING AT THE SOUTHEAST CORNER OF SAID SOUTHWEST ONE -QUARTER BEING THE SOUTH ONE -QUARTER CORNER OF SAID SECTION 33; THENCE ALONG THE EAST LINE OF SAID SOUTHWEST ONE -QUARTER, NOO°29'34"W A DISTANCE OF 30.00 FEET, TO THE NORTHERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 14 BEING TO THE TRUE POINT OF BEGINNING; THENCE ALONG SAID NORTHERLY RIGHT-OF-WAY LINE WHICH IS 30.00 FEET NORTH AND PARALLEL WITH THE SOUTH LINE OF THE EAST ONE-HALF OF SAID SOUTHWEST ONE -QUARTER, 589°11'18"W A DISTANCE OF 1314.63 FEET, TO THE WEST LINE OF THE EAST ONE-HALF OF THE SOUTHWEST ONE -QUARTER OF SAID SECTION 33; THENCE ALONG SAID WEST LINE ALSO BEING THE EAST LINE OF LOT B, RECORDED EXEMPTION NO. 1303-33-3-RE1939, RECORDED DECEMBER 27, 1996 IN BOOK 1583 AS RECEPTION NO 2526795, N40°33'43"W A DISTANCE OF 2617.41 FEET, TO THE NORTHWEST CORNER OF SAID EAST ONE-HALF OF THE SOUTHWEST ONE -QUARTER OF SAID SECTION 33; THENCE ALONG THE NORTH LINE OF SAID SOUTHWEST ONE -QUARTER, N89°17`40"E A DISTANCE OF 1317.78 FEET, TO THE CENTER ONE -QUARTER CORNER OF SAID SECTION 33; THENCE ALONG SAID EAST LINE OF THE SOUTHWEST ONE -QUARTER OF SAID SECTION 33, S00°29'34" E A DISTANCE OF 2614.99 FEET, TO THE POINT OF BEGINNING. 14 SKLD, Inc. LG SKL15975 WE 3537346-2008.014 eRecorded in Weld County, CO Doc Id: 3537346 02/25/2008 04:27 P Receipt#: 7345371 Page: 15 of 15 Total Fee: $76.00 Steve Moreno, Clerk and Recorder CONTAINING AN AREA OF 3,443,425 SQUARE FEET OR 79.050 ACRES Together with all of Grantor's rights, if any, in the small capacity wells located on the Property at the time of execution of this Deed, together with the right to drill two small capacity wells on Parcels I.2A and 1-2B as defined in §37-90-105 C.R.S, however, under no circumstances shall Grantee, its successors, or assigns, or assigns use Lost Creek alluvial designated ground water (as distinguished from Lost Creek designated Denver Basin Groundwater) for new small capacity wells and at no point may Grantee, its successors, or assigns use more than 5 acre feet on Parcels I -2A and I -2B of Lost Creek Denver Basin Ground Water for the small capacity wells, including any unregistered small capacity wells. Together with all Henrylyn Irrigation District and water rights associated with such District located on Parcels I -2A and I -2B EXCLUDING: Any and all water and water rights, whether adjudicated or not (except for the water and water rights described above), all well and well rights, including but not limited to, Well Permit No. 31652FP, if any, which water rights were subject to the terms and conditions of the Findings of Fact, Conclusions of Law, Judgment and Decree of the Court entered by the Adams County District Court on May 10, 2004 in Case No. 98CV 1727, and recorded on June 22, 2004 as Reception No. 20040622000516130 of the books and records of the Adams County Clerk and Recorder, and recorded on June 22, 2004 as Reception No. 3191505 of the books and records of the Weld County Clerk and Recorder; and the Findings of Fact, Conclusions of Law, Judgment and Decree of the Court entered by the Adams County District Court on June 1, 2004 in Case No. 99CV0097, and recorded on June 22, 2004 as Reception No. 2004062200051 6120 of the books and records of the Adams County Clerk and Recorder, and recorded on June 22, 2004 as Reception No. 3191504 of the books and records of the Weld County Clerk and Recorder; if any, and all easements and rights of way for Well Permit No. 31654FP, all water rights and rights to water in the Denver Basin Aquifers; all subterranean water and water rights, including storage rights; all surface water and water rights; spring and spring rights; all tributary and non -tributary water rights; designated and non -designated water rights; all reservoir and reservoir rights; ditches and ditch rights (excluding Henrylyn Irrigation District and water rights associated with such Districts); all water and ditch company stock, water and sewer tap agreements; any and all easements and rights -of -way for the carriage of water to Parcels I -2A and I -2B, discharge of water from Parcels I -2A and I -2B, and storage water off Parcels I -2A and 1-2B; all utility agreements with any other developers or with any municipality or quasi -municipal special district, if any, which are owned by Grantor, related to or in any way appurtenant to Parcels I -2A and I -2B. 15 SIMI), Inc. LG SKL15975 WE 3537346-2009.015 eRecorded in Weld County, CO Doc Id: 3537787 02/27/2008 11:57 A Receipt#: 7345644 Page: 1 of 21 Total Fee: $160.23 Steve Moreno, Clerk and Recorder Special Warranty Deed (Huwa) This Deed, made this 22nd day of February, 2008, between Prospect Farms VI LLC, a Colorado limited liability company, of the City and County of Denver, State of Colorado, as grantor ("Grantor"), and Richard F. Huwa and Patricia A. fluwa, husband and wife, as joint tenants, whose legal address is 3964 Hwy 79, Keenesburg, Colorado 80643, of the County of Weld, State of Colorado, as grantees (collectively the "Grantee"). Witness, that Grantor, for and in consideration of the sum of Ten Dollars ($10) and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, has granted, bargained, sold and conveyed, and by these presents does grant, bargain, sell, convey and confirm unto Grantee, for itself, their heirs, successors and assigns forever, all the real property, together with improvements, if any, situate, lying and being in the County of Weld, State of Colorado, described as follows: See Exhibit A attached hereto and incorporated herein ("Property"). Together with 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 of the oil, gas, gravel, royalty interests and other mineral rights, together with all surface rights, which are owned by Grantor, if any, related to, or in any way appurtenant to, in and under and that may be produced therefrom, and all the estate, right, title, interest, claim and demand whatsoever of Grantor, either in law or equity, of, in and to the above bargained premises, with the hereditaments and appurtenances. • Together with all of Grantor's rights, if any, in the small capacity wells located on the Property at the time of execution of this Deed and Well Permit No. 17940FP, together with the right to drill two (2) small capacity wells on each Parcel D, Parcel H, and Parcel I-1 and a total of two (2) small capability wells collectively on Parcels I -2A and I -2B (not four (4) wells) as defined in §37-90-105 C.R.S, however, under no circumstances shall Grantee, their heirs, successors, or assigns use Lost Creek alluvial designated ground water (as distinguished from Lost Creek designated Denver Basin Groundwater) for new small capacity wells and at no point may Grantee use more than 5 acre feet for each Parcel D, II,1-1, I -2A and I -2B (I -2A and I -2B are treated as one parcel and shall be limited to 5 acre feet total not 10 acre feet) of Lost Creek Denver Basin Groundwater for the small capacity wells, EXCEPT RESERVING UNTO GRANTOR, the following: all water and water rights, whether adjudicated or not, which are related to or in any way appurtenant to the Property, (except for the water and water rights described above) including without limitations, all well and well rights, including but not limited to, the water rights associated with Well Permit Nos. 1771 FP (former Permit No. 1771 R), 1772FP (former Permit No. 1772R), I 773FP (former Permit No. 1773R), 1774FP (former Permit No. I 774R), 12123FP (former Permit No. 12123R), 12124FP (former Permit No. 12124R), and 31612FP (former Permit No. 12315R) and any easements and rights of way for Well Permit No. SELD, Inc. LG SKL15975 WE 3537787-2008.001 eRecorded in Weld County, CO Doc Id: 3537787 02/27/2008 11:57 A Receipt#: 7345644 Page: 2 of 21 Total Fee: $160.23 Steve Moreno, Clerk and Recorder and 31653FP; which water rights were subject to the terms and conditions of the Findings of Fact, Conclusions of Law, Judgment and Decree of the Court entered by the Adams County District Court on May 10, 2004 in Case No. 98CV1727, and recorded on June 22, 2004 as Reception No. 20040622000516130 of the books and records of the Adams County Clerk and Recorder, and recorded on June 22, 2004 as Reception No, 3191505 of the books and records of the Weld County Clerk and Recorder; and the Findings of Fact, Conclusions of Law, Judgment and Decree of the Court entered by the Adams County District Court on June 1, 2004 in Case No. 99CV0097, and recorded on June 22, 2004 as Reception No. 20040622000516120 of the books and records of the Adams County Clerk and Recorder, and recorded on June 22, 2004 as Reception No. 3191504 of the books and records of the Weld County Clerk and Recorder; together with any of Grantor's rights and interest in an easement approximately twenty (20) feet in width for a pipeline and ditch from the well designated by Final Permit No. 31612 -FP (formerly Permit No. 12315-R), which is located in the Northwest Quarter (NW 1 /4) of the Southeast Quarter (SE1/4) of Section 33, Township 2 North, Range 63 West of the 6th P.M. to the North Half (N1/2) of the Northeast Quarter (NE1/4) and Southwest Quarter (SW 114) of the Northeast Quarter (NE1/4) of Section 32, Township 2 North, Range 63 West of the 6th P.M., which easement is approximately described as follows: Beginning at a point near the Northwest corner of the Southwest Quarter (SW 1/4) of Section 33, Township 2 North, Range 63 West of the 6th P.M., then West into the Northeast Quarter (NE1/4) of the Southeast Quarter (SE1/4) of Section 32, Township 2 North, Range 63 West of the 6a' P.M., then North into the Southeast Quarter (SE1/4) of the Northeast Quarter (NE1/4) of Section 32, Township 2 North, Range 63 West of the 6th P.M., and parallel to the East section line of said Section 32 and West of Weld County Road 65, to a point near the East Quarter corner of the Northeast Quarter (NE1/4) of said Section 32, which point is located on the East-West centerline of the Northeast Quarter (NE1 /4) of said Section 32. The approximate location of the easement is marked as "A" on Exhibit B to a General Warranty Deed recorded March 23, 1990 at Book 1259, Reception No. 02208805; all water rights and rights to water in the Denver Basin Aquifers underlying the Property; all Henrylyn Irrigation District and water rights associated with such District associated with the Property; all subterranean water and water rights; all surface water and water rights; spring and spring rights, all underground water rights and storage rights located under the Property; all tributary and non -tributary water rights; designated and non -designated water rights; all reservoir and reservoir rights; ditches and ditch rights; all water and ditch company stock, water, and sewer tap agreements; any and all easements and rights -of -way for the carriage of water to the Property; discharge of water from the Property, and storage water off Property; all utility agreements with any other developers or with any municipality or quasi -municipal special district, which are related to or in any way appurtenant to the Property, together with rights -of -way, or other rights of access used in conjunction with the Property, together with any of Grantor's rights and interest in the Agreement dated June 7, 1951 between Frank A. Neill and Rispah A. Neil, Clarence O. Byrnes and Annie Faye Byrnes, and H.E. Crow, recorded August 13, 1951 in Book 1309, Page 220, Reception No. 1112303 with the Clerk and Recorder of Weld County, and the Agreement dated June 7, 1951 between Clarence O. Byrnes and Annie Faye Byrnes, and H.E. Crow, recorded August 13, 1951 in Book 1309, Page 224, Reception No. 1112304 with the Clerk and Recorder of Weld County. To Have and to Hold the said premises above bargained and described, with the appurtenances, unto the Grantee, for themselves, their heirs, its successors and assigns forever. Grantor, for itself, its successors and assigns, does covenant, grant, bargain and agree to and with Grantee, for themselves, their personal representatives, heirs, successors and assigns, that at the 2 SKID, Inc. LG SII.15975 WE 3537787-2008.002 RRccorded in Weld County, CO Doc Id: 3537787 02/27/2008 11:57 A Receipt#: 7345644 Page: 3 of 21 Total Fee: $160.23 Steve Moreno, Clerk and Recorder time of the ensealing and delivery of these presents, Grantor is well seized of the premises above conveyed, has 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, encumbrances and restrictions of whatever kind or nature whatsoever, except for and subject to those matters as set forth on Exhibit B attached hereto and incorporated herein. Grantor shall and will WARRANT AND FOREVER DEFEND the above -bargained premises in the quiet and peaceable possession of Grantee, for themselves, their personal representatives, heirs, successors and assigns, against all and every person or persons lawfully claiming the whole or any part thereof by, through or under Grantor. In Witness Whereof, Grantor has executed this Deed on the date set forth above. Preis . arms VI LLC, a oral ' limited liability company By: J l H. Farkas. Manager STATE OF COLORADO )ss. CITY AND COUNTY OF DENVER The foregoing instrument was acknowledged before me this ≥ may of February, 2008, by Joel H. Farkas, as Manager of Prospect Farms VI LLC, a Colorado limited liability company, on its behalf. Witness my hand and official seal. ion expires:! q/ 3 GELD, Inc. LG SICL15975 WE 3537787-2008.003 eRecorded in Weld County, CO Doc Id: 3537787 02/27/2008 11:57 A Receipt#: 7345644 Page: 4 of 21 Total Fee: $160.23 Steve Moreno, Clerk and Recorder Exhibit A (Legal Description) Parcel D A PART OF THE SECTION 27, TOWNSHIP 1 NORTH, RANGE 63 WEST OF THE SIXTH PRINCIPAL MERIDIAN, COUNTY OF WELD, STATE OF COLORADO, LYING NORTH AND WEST OF PROSPECT LATERAL, BEING MORE. PARTICULARLY DESCRIBED AS FOLLOWS: BASIS OF BEARINGS: THE NORTH LINE OF THE NORTHWEST ONE -QUARTER OF SECTION 27, TOWNSHIP 1 NORTH, RANGE 63 WEST OF THE SIXTH PRINCIPAL MERIDIAN BEING ASSUMED TO BEAR N88°57'01"E A DISTANCE OF 2644.91 FEET, MONUMENTED BY A 3-1/4" ALUMINUM CAP STAMPED "ALPHA ENGRG LS 25937" AT THE NORTHWEST CORNER AND A 2" ALUMINUM CAP STAMPED "ALPHA ENGRG LS 25937" AT THE NORTH ONE -QUARTER CORNER. COMMENCING AT THE NORTHWEST CORNER OF SAID SECTION 27; THENCE ALONG THE NORTH LINE OF THE NORTHWEST ONE -QUARTER OF SAID SECTION 27, N88°57'01"E A DISTANCE OF 820.00 FEET, TO THE NORTHEAST CORNER OF SAID PARCEL DESCRIBED IN DEED RECORDED JUNE 9, 1923 IN BOOK 711 AT PAGE 145; THENCE ALONG THE EASTERLY LINE OF SAID PARCEL, 500°18'35"E A DISTANCE OF 30.00 Eht,1, TO THE SOUTHERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 6, BEING THE TRUE POINT OF BEGINNING; TI IENCE ALONG SAID SOUTHERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 6 WHICH IS 30 FEET SOUTH AND PARALLEL WITH SAID NORTH LINE OF THE NORTHWEST ONE -QUARTER OF SECTION 27, N88°57'01 "E A DISTANCE OF 1825.30 FEET; THENCE CONTINUING ALONG SAID SOUTHERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 6 WHICH IS 30 FEET SOUTH AND PARALLEL WITH THE NORTH LINE OF THE NORTHEAST ONE -QUARTER OF SAID SECTION 27, N88°57'00"E A DISTANCE OF 1902.96 FEET, TO THE CENTERLINE OF PROSPECT LATERAL; THENCE ALONG THE CENTERLINE OF PROSPECT LATERAL THE FOLLOWING FORTY-SIX (46) COURSES: 516°2752"W A DISTANCE OF 297.11 FEET; S13°28'30"W A DISTANCE OF 195.40 FEET, TO A POINT OF CURVE; 4 S1LD, Inc. LG 5ICL15975 WE 3537787-2008.004 eRecorded in Weld County, CO Doc Id: 3537787 02/27/2008 11:57 A Receipt#: 7345644 Page: 5 of 21 Total Fee: $160.23 Steve Moreno, Clerk and Recorder ALONG THE ARC OF A CURVE TO THE RIGHT WHOSE RADIUS POINT BEARS N76°31`30"W, HAVING A RADIUS OF 200.00 FEET, A CENTRAL ANGLE OF 15°51'32" AND AN ARC LENGTH OF 55.36 FEET, TO A POINT OF REVERSE CURVE; ALONG THE ARC OF A CURVE TO THE LEFT WHOSE RADIUS POINT BEARS $60°39'59"E, RAVING A RADIUS OF 170.00 FEET, A CENTRAL ANGLE OF 24°00'07" AND AN ARC LENGTH OF 71.22 FEET, TO A POINT OF REVERSE CURVE; ALONG THE ARC OF A CURVE TO THE RIGHT WHOSE RADIUS POINT BEARS N84°40'06"W, HAVING A RADIUS OF 350.00 FEET, A CENTRAL ANGLE OF 20°03107" AND AN ARC LENGTH OF 122.49 FEET, TO A POINT OF TANGENCY; S25°23'01"W A DISTANCE OF 1555.84 FEET; 525°37106"W A DISTANCE OF 663.61 FEET; 525°02'30"W A DISTANCE OF 690.38 FEET, TO A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE LEFT WHOSE RADIUS POINT BEARS $64°57'30"E, HAVING A RADIUS OF 200.00 FEET, A CENTRAL ANGLE OF 07°16'47" AND AN ARC LENGTH OF 25.41 FEET, TO A POINT OF REVERSE CURVE; ALONG THE ARC OF A CURVE TO THE RIGHT WHOSE RADIUS POINT BEARS N72°14'17"W, HAVING A RADIUS OF 200.00 FEET, A CENTRAL ANGLE OF 17°45'01" AND AN ARC LENGTH OF 61.96 FEET, TO A POINT OF REVERSE CURVE; ALONG THE ARC OF A CURVE TO THE LEFT WHOSE RADIUS POINT BEARS S54°29'16"E, HAVING A RADIUS OF 300.00 FEET, A CENTRAL ANGLE OF 14°07'38" AND AN ARC LENGTH OF 73.97 FEET, TO A POINT OF TANGENCY; S21°23'05"W A DISTANCE OF 137.05 FEET, TO A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE RIGHT WHOSE RADIUS POINT BEARS N68°36'55"W, HAVING A RADIUS OF 250.00 FEET, A CENTRAL ANGLE OF 30°47'31" AND AN ARC LENGTH OF 13436 FEET, TO A POINT OF TANGENCY; S52°10'36"W A DISTANCE OF 169.24 FEET, TO A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE LEFT WHOSE RADIUS POINT BEARS 537°49'24"E, HAVING A RADIUS OF 205.00 FEET, A CENTRAL ANGLE OF 70°34'07" AND AN ARC LENGTH OF 252.49 FEET, TO A POINT OF TANGENCY; 518°23'31"E A DISTANCE OF 266.27 FEET, TO A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE RIGHT WHOSE RADIUS POINT BEARS 871°3629"W, HAVING A RADIUS OF 100.00 FEET, A CENTRAL ANGLE OF 76°52126" AND AN ARC LENGTH OF 134.17 FEET, TO A POINT OF TANGENCY; 5 SKLD, Inc. LG SKL15975 WE 3537787-2008.005 eRecorded in Weld County, CO Doc Id: 3537787 02/27/2008 11:57 A Receipt#: 7345644 Page: 6 of 21 Total Fee: $160.23 Steve Moreno, Clerk and Recorder 558°28'55"W A DISTANCE OF 57.00 FEET, TO A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE RIGHT WHOSE RADIUS POINT BEARS N31°31'05"W, HAVING A RADIUS OF 200.00 FEET, A CENTRAL ANGLE OF 44°20'52" AND AN ARC LENGTH OF 154.80 FEET, TO A POINT OF TANGENCY; N77°10`13"W A DISTANCE OF 125.98 FEET, TO A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE LEFT WHOSE RADIUS POINT BEARS S12°49'47"W, HAVING A RADIUS OF 200.00 FEET, A CENTRAL ANGLE OF 08°21'33" AND AN ARC LENGTH OF 29.18 FEET, TO A POINT OF TANGENCY; N85°31'46"W A DISTANCE OF 115.1 FEET, TO A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE RIGHT WHOSE RADIUS POINT BEARS N04°28'14"E, HAVING A RADIUS OF 125.00 FEET, A CENTRAL ANGLE OF 39°2634" AND AN ARC LENGTH OF 86.05 FEET, TO A POINT OF TANGENCY; N46°05' 11 "W A DISTANCE OF 50.49 FEET; N35°00'50"W A DISTANCE OF 267A0 FEET, TO A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE LEFT WHOSE RADIUS POINT BEARS S54°59'14"W, HAVING A RADIUS OF 150.00 FEET, A CENTRAL ANGLE OF 50°24'36" AND AN ARC LENGTH OF 131.97 FEET, TO A POINT OF REVERSE CURVE; ALONG THE ARC OF A CURVE TO THE RIGHT WHOSE RADIUS POINT BEARS N04°34'34"E, HAVING A RADIUS OF 500.00 FEET, A CENTRAL ANGLE OF 26°38'30" AND AN ARC LENGTH OF 232.49 FEET, TO A POINT OF REVERSE CURVE; ALONG THE ARC OF A CURVE TO THE LEFT WHOSE RADIUS POINT BEARS S31 ° 13'04"W, HAVING A RADIUS OF 400.00 FEET, A CENTRAL ANGLE OF 15°10'37" AND AN ARC LENGTH OF 105.95 FEET, TO A POINT OF TANGENCY; N73°5T33"W A DISTANCE OF 80.76 FEET, TO A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE RIGHT WHOSE RADIUS POINT BEARS N16°0227"E, HAVING A RADIUS OF 500.00 FEET, A CENTRAL ANGLE OF 20°09'20" AND AN ARC LENGTH OF 175.89 FEET, TO A POINT OF TANGENCY; N53°48'13"W A DISTANCE OF 53.67 FEET; N59°56'17"W A DISTANCE OF 107.47 FEET, TO A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE LEFT WHOSE RADIUS POINT BEARS 530°03'43"W, HAVING A RADIUS OF 125.00 FEET, A CENTRAL ANGLE OF 52°04'57' AND AN ARC LENGTH OF 113.63 FEET, TO A POINT OF TANGENCY; 6 SKID, Inc. LG 5KL15975 WE 3537787-2008.006 eRecorded in Weld County, CO Doc Id: 3537787 021271200811:57 A Receipt#: 7345644 Page: / of 21 Iota! Fee: $160.23 Steve Moreno, Clerk and Recorder $67°58'46"W A DISTANCE OF 73.10 FEET, TO A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE RIGHT WHOSE RADIUS POINT BEARS N22°01'14"W, HAVING A RADIUS OF 600.00 FEET, A CENTRAL ANGLE OF 19°14'53" AND AN ARC LENGTH OF 201.57 FEET, TO A POINT OF TANGENCY; 587°13'39"W A DISTANCE OF 137.38 FEET; N84°25'50'W A DISTANCE OF 77.12 FEET, TO A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE LEFT WHOSE RADIUS POINT BEARS S05°34'10" W, HAVING A RADIUS OF 125.00 FEET, A CENTRAL ANGLE OF 25°28'47" AND AN ARC LENGTH OF 55.59 FEET, TO A POINT OF REVERSE CURVE; ALONG THE ARC OF A CURVE TO THE RIGHT WHOSE RADIUS POINT BEARS N19°54'36"W, HAVING A RADIUS OF 150.00 FEET, A CENTRAL ANGLE OF 19°34'07" AND AN ARC LENGTH OF 51.23 FEET, TO A POINT OF TANGENCY; S89°39'31"W A DISTANCE OF 136.63 FEET, TO A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE LEFT WHOSE RADIUS POINT BEARS SOO°2029"E, HAVING A RADIUS OF 140.00 FEET, A CENTRAL ANGLE OF 69°04'11" AND AN ARC LENGTH OF 168.77 FEET, TO A POINT OF TANGENCY; 520°3521"W A DISTANCE OF 155.78 FEET, TO A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE LEFT WHOSE RADIUS POINT BEARS $68M6'09"E, HAVING A RADIUS OF 500.00 FEET, A CENTRAL ANGLE OF 1I°00'48" AND AN ARC LENGTH OF 96.11 FEET, TO A POINT OF TANGENCY; S 10° 13'03 "W A DISTANCE OF 58.79 FEET, TO A POINT OF CURVE; ALONG THE ARC OF A CURVE TO THE RIGHT WHOSE RADIUS POINT BEARS N79°46'57"W, HAVING A RADIUS OF 100.00 FEET, A CENTRAL ANGLE OF 45°04'00" AND AN ARC LENGTH OF 78.66 FEET, TO A POINT OF TANGENCY; S55°17'03"W A DISTANCE OF 75.62 FEET, TO THE EASTERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 67; THENCE ALONG SAID EASTERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 67 WHICH IS 30 FEET EAST AND PARALLEL WITH THE WEST LINE OF THE SOUTHWEST ONE -QUARTER OF SAID SECTION 27, N00°18'35"W A DISTANCE OF 1666.65 FEET; THENCE CONTINUING ALONG SAID EASTERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 67 WHICH IS 30 FEET EAST AND PARALLEL WITH THE WEST LINE OF SAID NORTHWEST ONE -QUARTER OF SECTION 27, N00°18'35"W A DISTANCE OF 1574.76 FEET, TO THE SOUTHERLY LINE OF SAID PARCEL DESCRIBED IN DEED 7 SICI.D, Inc. LG SKL15975 WE 3537787--2009.007 eRecorded in Weld County, CO Doc Id: 3537787 02/27/2008 11:57 A Receipt#: 7345644 Page: 8 of 21 Total Fee: $160.23 Steve Moreno, Clerk and Recorder RECORDED JUNE 9, 1923 IN BOOK 711 AT PAGE 148; THENCE ALONG SAID SOUTHERLY LINE OF SAID PARCEL, N88°57'01"E A DISTANCE OF 790.00 FEET, TO THE SOUTHEAST CORNER OF SAID PARCEL; THENCE ALONG THE EASTERLY LINE OF SAID PARCEL, N00° 18'35"W A DISTANCE OF 1030.00 FEET, TO THE TRUE POINT OF BEGINNING. CONTAINING AN AREA OF 13,853,692 SQUARE FEET OR 318.037 ACRES. TOGETHER WITH: Parcel H A PART OF THE WEST ONE-HALF OF SECTION 35, TOWNSHIP 2 NORTH, RANGE 63 WEST OF THE SIXTH PRINCIPAL MERIDIAN, COUNTY OF WELD, STATE OF COLORADO; AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BASIS OF BEARINGS: THE WEST LINE OF THE SOUTHWEST ONE -QUARTER OF SECTION 35, TOWNSHIP 2 NORTH, RANGE 63 WEST OF THE SIXTH PRINCIPAL MERIDIAN BEING ASSUMED TO BEAR N00°24' 12"W A DISTANCE OF 264141 FEET. MONUMENTED BY A 2-1/2" ALUMINUM CAP STAMPED "ALLES AND ASSOCIATES PLS 9644" AT THE WEST ONE -QUARTER CORNER AND A 3-1/4" ALUMINUM CAP STAMPED "NOLTE LS 28656" AT THE SOUTHWEST CORNER. COMMENCING AT THE SOUTHWEST CORNER OF SAID SECTION 35; THENCE ALONG THE WEST LINE OF THE SOUTHWEST ONE -QUARTER OF SAID SECTION 35, N00°24' 12"W A DISTANCE OF 30.00 FEET TO THE NORTHERLY RIGHT- OF-WAY LINE OF WELD COUNTY ROAD 14 EXTENDED; THENCE ALONG SAID NORTHERLY RIGHT-OF-WAY LINE EXTENDED, N89°14'57"E A DISTANCE OF 30.00 FEET TO THE EASTERLY RIGHT-OF-WAY LINE OF COLORADO STATE HIGHWAY 79 BEING THE TRUE POINT OF BEGINNING; THENCE ALONG SAID EASTERLY RIGHT-OF-WAY LINE WHICH IS 30 FEET EAST AND PARALLEL WITH SAID WEST LINE OF THE SOUTHWEST ONE -QUARTER OF SAID SECTION 35, NO °24'12" W A DISTANCE OF 2613.38 FEET; THENCE CONTINUING ALONG SAID EASTERLY RIGHT-OF-WAY LINE WHICH IS 30 FEET EAST AND PARALLEL WITH THE WEST LINE OF THE NORTHWEST ONE - QUARTER OF SAID SECTION 35, N00°24'24"W A DISTANCE OF 2613.13 FEET, TO THE SOUTHERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 16; 8 SKIM, Inc. LG SKL15975 WE 3537787-2008.008 eRecorded in Weld County, CO Doc Id: 3537787 02/27/2008 11:57 A Receipt#: 7345644 Page: 9 of 21 Total Fee: $160.23 Steve Moreno, Clerk and Recorder THENCE ALONG SAID SOUTHERLY RIGHT-OF-WAY LINE WHICH IS 30 FEET SOUTH AND PARALLEL WITH SAID NORTH LINE OF THE NORTHWEST ONE -QUARTER OF SAID SECTION 35, N89° 17'42"E A DISTANCE OF 261444 FEET, TO THE EAST LINE OF SAID NORTHWEST ONE -QUARTER OF SAID SECTION 35; THENCE ALONG SAID EAST LINE OF THE NORTHWEST ONE -QUARTER, S00°32`58"E A DISTANCE OF 2613.17 FEET, TO THE CENTER ONE -QUARTER CORNER OF SAID SECTION 35; THENCE ALONG THE EAST LINE OF SAID SOUTHWEST ONE -QUARTER OF SAID SECTION 35, S00°32'51 "E A DISTANCE OF 2611.18 FEET, TO SAID NORTHERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 14; THENCE ALONG SAID NORTHERLY RIGHT-OF-WAY LINE WHICH IS 30 FEET NORTH AND PARALLEL WITH SAID SOUTH LINE OF THE SOUTHWEST ONE -QUARTER OF SAID SECTION 35, 589°14'57"W A DISTANCE OF 2627.73 FEET, TO THE POINT OF BEGINNING. CONTAINING AN AREA OF 13,696,581 SQUARE FEET OR 314.430 ACRES. TOGETHER WITH: Parcel 1-1 A PARCEL OF LAND BEING A PART OF THE NORTH ONE-HALF OF TIM NORTHEAST ONE -QUARTER AND A PART OF THE SOUTHWEST ONE -QUARTER OF THE NORTHEAST ONE -QUARTER OF SECTION 32, TOWNSHIP 2 NORTH, RANGE 63 WEST OF THE SIXTH PRINCIPAL MERIDIAN, COUNTY OF WELD, STATE OF COLORADO, AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BASIS OF BEARINGS: THE NORTH LINE OF THE NORTHEAST ONE -QUARTER OF SECTION 32, TOWNSHIP 2 NORTH, RANGE 63 WEST OF THE SIXTH PRINCIPAL MERIDIAN BEING ASSUMED TO BEAR N89°10'05"E A DISTANCE OF 2636.16 FEET. MONUMENTED BY A 3-1/4" ALUMINUM CAP STAMPED "KING SURVEYORS INC LS 22098" AT THE NORTH ONE -QUARTER CORNER AND A 3-1/4" ALUMINUM CAP STAMPED "MCRAE & SHORT INC LS 7242" AT THE NORTHEAST CORNER OF SAID SECTION 32. COMMENCING AT THE NORTHEAST CORNER OF SAID SECTION 32; THENCE ALONG THE NORTH LINE OF THE NORTHEAST ONE -QUARTER OF THE NORTHEAST ONE -QUARTER OF SAID SECTION 32, 589°10'05"W A DISTANCE OF 30.00 FEET; THENCE SOO°38'37"E A DISTANCE OF 30.00 FEET, TO THE INTERSECTION OF THE WESTERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 65 AND THE SOUTHERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 16, BEING THE TRUE POINT OF BEGINNING; 9 SKLD, Inc. LG SKL15975 WE 3537787-2008.049 eRecorded in Weld County, CO Doc Id: 3537787 021271200811:57 A Receipt#: 7345644 Page: 10 of 21 Total Fee: $160.23 Steve Moreno, Clerk and Recorder THENCE ALONG SAID WESTERLY RIGHT-OF-WAY LINE WHICH IS 30.00 FEET WEST AND PARALLEL WITH THE EAST LINE OF THE NORTHEAST ONE -QUARTER OF THE NORTHEAST ONE -QUARTER OF SAID SECTION 32, S00°38'37"E A DISTANCE OF 1289.14 FEET, TO THE SOUTH LINE OF SAID NORTHEAST ONE -QUARTER OF THE NORTHEAST ONE -QUARTER OF SAID SECTION 32; THENCE ALONG SAID SOUTH LINE, S89°08'47"W A DISTANCE OF 128736 FEET TO THE NORTHEAST ONE -SIXTEENTH CORNER OF SAID SECTION 32; THENCE ALONG THE SOUTH LINE OF THE NORTHWEST ONE -QUARTER OF THE NORTHEAST ONE -QUARTER OF SAID SECTION 32, S89°08'47"W A DISTANCE OF 15.00 FEET; THENCE PARALLEL WITH AND 15.00 FEET WEST OF THE EAST LINE OF THE SOUTHWEST ONE -QUARTER OF THE NORTHEAST ONE -QUARTER OF SAID SECTION 32, S00°40'30"E A DISTANCE OF 1319.63 FEET, TO THE SOUTH LINE OF SAID SOUTHWEST ONE -QUARTER OF THE NORTHEAST ONE -QUARTER OF SAID SECTION 32; THENCE ALONG SAID SOUTH LINE, S89°07'29"W A DISTANCE OF 1301.64 FEET, TO THE CENTER ONE -QUARTER CORNER OF SAID SECTION 32; THENCE ALONG THE WEST LINE OF THE NORTHEAST ONE -QUARTER OF SAID SECTION 32, N00°42'23"W A DISTANCE OF 2610.25 FEET, TO SAID SOUTHERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 16; THENCE ALONG SAID SOUTHERLY RIGHT-OF-WAY LINE WHICH IS 30.00 FEET SOUTH AND PARALLEL WITH THE NORTH LINE OF THE NORTHEAST ONE - QUARTER OF SAID SECTION 32, N89°10'05"E A DISTANCE OF 2606.12 FEET, TO THE POINT OF BEGINNING. CONTAINING AN AREA OF 5,078,501 SQUARE FEET OR 116.586 ACRES. TOGETHER WITH: PARCEL I -2A LOT B, RECORDED EXEMPTION NO. 1303-33-3-RE1939, RECORDED DECEMBER 27, 1996 IN BOOK 1583 AS RECEPTION NO 2526795 BEING A PART OF THE WEST ONE- HALF OF THE SOUTHWEST ONE -QUARTER OF SECTION 33, TOWNSHIP 2 NORTH, RANGE 63 WEST OF THE SIXTH PRINCIPAL MERIDIAN, COUNTY OF WELD, STATE OF COLORADO; AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BASIS OF BEARINGS: THE WEST LINE OF THE SOUTHWEST ONE -QUARTER OF SECTION 33, TOWNSHIP 2 NORTH, RANGE 63 WEST OF THE SIXTH PRINCIPAL MERIDIAN BEING ASSUMED TO BEAR N00°37'53"W A DISTANCE OF 2648.95 FEET. MONUMENTED BY A 2" ALUMINUM CAP STAMPED "INTERMILL LS 12379" AT THE 10 SKID, Inc. LG 8KL15975 WE 3537787-2008.010 eRecorded in Weld County, CO Doc Id: 3537787 021271200811 :57 A Receipt#: 7345644 Page: 11 of 21 Total Fee: $160.23 Steve Moreno, Clerk and Recorder WEST ONE -QUARTER CORNER AND A 2-1/2" ALUMINUM CAP STAMPED "POWERS ELEVATION COMPANY" AT THE SOUTHWEST CORNER. COMMENCING AT THE SOUTHWEST CORNER OF SAID SECTION 33; THENCE ALONG THE WEST LINE OF SAID SOUTHWEST ONE -QUARTER, N00°37'53"W A DISTANCE OF 30.00 FEET; THENCE N89° ₹ 3'37"E A DISTANCE OF 30.00 FEET TO THE INTERSECTION OF THE EASTERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 65 AND THE NORTHERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 14, BEING TO THE TRUE POINT OF BEGINNING; THENCE ALONG SAID EASTERLY RIGHT-OF-WAY LINE WHICH IS 30.00 FEET EAST AND PARALLEL WITH SAID WEST LINE OF THE SOUTHWEST ONE -QUARTER OF SECTION 33, N00°37`53"W A DISTANCE OF 2354.62 FEET, TO THE SOUTHERLY LINE OF LOT A SAID RECORDED EXEMPTION NO. 1303-33-3-RE1939; THENCE ALONG THE SOUTHERLY LINE OF SAID LOT A, N88°38'15"E A DISTANCE OF 256.59 FEET, TO THE SOUTHEAST CORNER OF SAID LOT A; THENCE ALONG THE EASTERLY LINE OF SAID LOT A, N03°53'00"W A DISTANCE OF 261.76 FEET, TO THE NORTHEAST CORNER OF SAID LOT A; THENCE ALONG THE NORTH LINE OF SAID SOUTHWEST ONE -QUARTER, N89°17'40"E A DISTANCE OF 1046.06 FEET, TO THE EAST LINE OF SAID WEST ONE- HALF OF THE SOUTHWEST ONE -QUARTER; THENCE ALONG SAID EAST LINE, S00°33'43"E A DISTANCE OF 2617.41 FEET, TO SAID NORTHERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 14; THENCE ALONG SAID NORTHERLY RIGHT-OF-WAY LINE WHICH IS 30.00 FEET NORTH AND PARALLEL WITH SAID SOUTH LINE OF THE WEST ONE-HALF OF THE SOUTHWEST ONE -QUARTER, S89°13'37"W A DISTANCE OF 1284.60 FEET, TO THE POINT OF BEGINNING. CONTAINING AN AREA OF 3,301,954 SQUARE FEET OR 75.802 ACRES. TOGETHER WITH: PARCEL I -2B A PARCEL OF LAND BEING A PART OF THE EAST ONE-HALF OF THE SOUTHWEST ONE -QUARTER OF SECTION 33, TOWNSHIP 2 NORTH, RANGE 63 WEST OF THE SIXTH PRINCIPAL MERIDIAN, COUNTY OF WELD, STATE OF COLORADO; AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: I1 SKLD, Inc. LO SKL15975 WE 3537787-2008.011 eRecorded in Weld County, CO Doc Id: 3537787 02/27/2008 11:57 A Receipt#: 7345644 Page: 12 of 21 Total Fee: $160.23 Steve Moreno, Clerk and Recorder BASIS OF BEARINGS: THE EAST LINE OF THE SOUTHWEST ONE -QUARTER OF SECTION 33, TOWNSHIP 2 NORTH, RANGE 63 WEST OF THE SIXTH PRINCIPAL MERIDIAN BEING ASSUMED TO BEAR S00°29'34"E A DISTANCE OF 2644.99 FEET. MONUMENTED BY A 2-1/2" ALUMINUM CAP STAMPED "INTERMILL LS 12379" AT THE CENTER ONE -QUARTER CORNER AND A 2" ALUMINUM CAP STAMPED "LS 25937" AT THE SOUTH ONE -QUARTER CORNER COMMENCING AT THE SOUTHEAST CORNER OF SAID SOUTHWEST ONE -QUARTER BEING THE SOUTH ONE -QUARTER CORNER OF SAID SECTION 33; THENCE ALONG THE EAST LINE OF SAID SOUTHWEST ONE -QUARTER, N00°29'34"W A DISTANCE OF 30.00 FEET, TO THE NORTHERLY RIGHT-OF-WAY LINE OF WELD COUNTY ROAD 14 BEING TO THE TRUE POINT OF BEGINNING; THENCE ALONG SAID NORTHERLY RIGHT-OF-WAY LINE WHICH IS 30.00 FEET NORTH AND PARALLEL WITH THE SOUTH LINE OF THE EAST ONE-HALF OF SAID SOUTHWEST ONE -QUARTER, S89°11'18"W A DISTANCE OF 1314.63 FEET, TO THE WEST LINE OF THE EAST ONE-HALF OF THE SOUTHWEST ONE -QUARTER OF SAID SECTION 33; THENCE ALONG SAID WEST LINE ALSO BEING THE EAST LINE OF LOT B, RECORDED EXEMPTION NO. 1303-33-3-RE1939, RECORDED DECEMBER 27, 1996 IN BOOK 1583 AS RECEPTION NO 2526795, N00°33'43"W A DISTANCE OF 2617.41 FEET, TO THE NORTHWEST CORNER OF SAID EAST ONE-HALF OF THE SOUTHWEST ONE - QUARTER OF SAID SECTION 33; THENCE ALONG THE NORTH LINE OF SAID SOUTHWEST ONE -QUARTER, N89°17'40"E A DISTANCE OF 1317.78 FEET, TO THE CENTER ONE -QUARTER CORNER OF SAID SECTION 33; THENCE ALONG SAID EAST LINE OF THE SOUTHWEST ONE -QUARTER OF SAID SECTION 33, S0O°29'34"E A DISTANCE OF 2614.99 FEET, TO THE POINT OF BEGINNING. CONTAINING AN AREA OF 3,443,425 SQUARE FEET OR 79.050 ACRES 12 GELD, Inc. LG 8KL15975 WE 3537787-2008.012 eRecorded in Weld County, CO Doc Id: 3537787 02/27/2008 11:57 A Receipt#: 7345644 Page: 13 of 21 Total Fee: $160.23 Steve Moreno, Clerk and Recorder Exhibit B (Exceptions) 1. Taxes and assessments for the year 2007 and subsequent years, a lien not yet due or payable. 2. All water, water rights, or claims thereto, in, on or under the land. 3. Any existing leases or tenancies, and any and all parties claiming by, through or under said lessees. 4. Rights of way for county roads 30 feet on either side of Section and Township lines, as established by the Board of County Commissioners for Weld County, by the instrument recorded October 14, 1889 in Book 86 at Page 273. 5. Notices pursuant to CRS 9-1.5-103 concerning underground facilities have been filed with the Weld County Clerk and Recorder as disclosed by the following instruments: (a) Mountain Bell Telephone Company, recorded October 1, 1981 in Book 949 at Reception No. 1870705. (b) Colorado Interstate Gas Company, recorded August 31, 1984 in Book 1041 at Reception No. 1979784. (c) Associated Natural Gas, Inc., recorded April 10, 1989 in Book 1229 at Reception No. 2175917. (d) Public Service Company of Colorado recorded November 9, 1981 in Book 952 at Reception No. 1874084. (e) Western Slope Gas Company, recorded March 9, 1983 in Book 990 at Reception No. 1919757. (f) Western Gas Supply Company, recorded April 2, 1985 in Book 1063 at Reception No. 2004300. (g) United Power, Inc., formerly Union Rural Electric Association, Inc., recorded January 24, 1991 in Book 1288 at Reception No. 02239296. NOTE: These Notices are general and do not necessarily give notice of underground facilities within the subject property. The Following Affect Parcel One (Parcel D) 6. Reservation of right of way for any ditches or canals constructed by authority of the United States, in U.S. Patent recorded March 12, 1924 in Book 677 at Page 86. 7. An undivided 1/2 interest in all oil, gas and other mineral rights as reserved by the Federal Land Bank of Wichita in a deed recorded May 14, 1941 in Book 1078 at Page 580 and any interest therein or rights thereunder. 13 SKLD, Inc. LG 5KL15975 WE 3537787-2008.013 eRecorded in Weld County, CO Doc Id: 3537787 02/27/2008 11:57 A Receipt#: 7345644 Page: 14 of 21 Total Fee: $160.23 Steve Moreno, Clerk and Recorder 8. Warranty Deed by and between Creta J. Baumgartner and Colorado White Mountain Ranch, Ltd. and Eagle Peak Farms conveying water rights, ditch rights and easements in conjunction with the water rights recorded April 11,1990 at Reception No. 2210464 and Warranty Deed from Dave Baumgartner recorded April 11, 1990 at Reception No. 2210466. NOTE: Assignment of well permits and any and all interest in the Henrylyn Irrigation District water rights recorded April 11, 1990 at Reception No. 2210467. NOTE: Special Warranty Deed by and between Eagle Peak Farms, Ltd. and Prospect Valley Farms, Ltd. recorded February 14, 1996 at Reception No. 2476443. NOTE: Special Warranty Deed (Water) by and between Prospect Valley Farms, Ltd. and PV Water Holdings LLC recorded July 20, 2004 at Reception No. 3200575. 9. An undivided 1/3 interest in all oil, gas and other minerals together with the right of ingress and egress for mining, drilling and exploring as set forth in the Mineral Deed recorded March 16, 1993 at Reception No. 2325186. NOTE: Bargain and Sale Deed (Minerals) unto PV Water Holdings LLC recorded July 20, 2004 at Reception No. 3200578. 10. An undivided 1/3 interest in all oil, gas and other minerals together with the right of ingress and egress for mining, drilling and exploring as set forth in the Mineral Deed recorded March 19,1993 at Reception No. 2325653, NOTE: Mineral Deed and Royalty Interest Transfer recorded October 11, 2000 at Reception No. 2799616, NOTE: Mineral Deed and Royalty Transfer recorded July 20, 2001 at Reception No. 2867598 and Correction recorded April 16, 2002 at Reception No. 2943617. NOTE: Bargain and Sale Deed (Minerals) unto PV Water Holdings LLC recorded July 20, 2004 at Reception No. 3200578. 11. Terms, conditions, provisions, agreements and obligations specified under the Findings of Fact, Conclusions of Law, Judgment and Decree of the Court, which was recorded June 22, 2004 at Reception No. 3191504. NOTE: Assignment (Well Permits and Decrees) unto PV Water Holdings LLC recorded July 20, 2004 at Reception No. 3200576. NOTE: Agreement by and between Town of Keenesburg, CO and Resource Colorado Water and Sanitation Metropolitan District recorded July 26, 2006 at Reception No. 3405897. 12. Terms, conditions, provisions, agreements and obligations specified under the Findings of Fact, Conclusions of Law, Judgment and Decree of the Court, which was recorded June 22, 2004 at Reception No. 3191505. NOTE: Assignment (Well Permits and Decrees) unto PV Water Holdings LLC recorded July 20, 2004 at Reception No. 3200576. 14 S LD, Inc. LG SKL15975 WE 3537787-2008.014 eRecorded in Weld County, CO Doc Id: 3537787 02127/2008 11:57 A Receipt#: 7345644 Page: 15 of 21 lotal Fee: $160.23 Steve Moreno, Clerk and Recorder NOTE: Agreement by and between Town of Keenesburg, CO and Resource Colorado Water and Sanitation Metropolitan District recorded July 26, 2006 at Reception No. 3405897. 13. Terms, conditions, provisions, agreements and obligations specified under the Assignment of Oil and Gas Leases and/or Agreements by and between Prospect Valley Farms, Ltd. and PV Water Holdings LLC, which was recorded July 20, 2004 at Reception No. 3200579. 14. Easements, notes, terms, conditions, provisions, agreements and obligations as shown on the ALTAiACSM Land Title Survey recorded September 13, 2004 at Reception No. 3218383. The following Affect Parcel Two (Parcel H) 15. Reservation for right of way for any ditches or canals constructed by authority of the United States, as set forth in the U.S. Patent recorded September 12, 1916 in Book '5j at Page Leg. NOTE: Bargain and Sale Deed (Minerals) by and between Prospect Valley Farms, Ltd., a Colorado limited partnership and PV Water Holdings LLC, a Colorado limited liability company recorded July 20, 2004 at Reception No. 3200588. 16. Right of Way, whether in fee or easement only, for an electric transmission line and other appurtenances, granted to the United States of America by the Weicker Investment Company, a Colorado corporation by instrument recorded December 6, 1944 in Bonk 1145 at Page 353, in which the specific location of the easement is not defined. 17. Easement and right of way for a right of way 60 feet in width granted to Phillips Petroleum Company by Weicker Investment Company in instrument recorded March 24, 1975 at Reception No. 1656542, in which the specific location of the easement is not defined. NOTE: Assignment and Bill of Sale of Pipeline Right -of -Way Easements and Pipelines by and between Southmark Acquisitions and Midland Marketing Corporation recorded March 13, 1991 at Reception No. 2243725. NOTE: Assignment of Oil and Gas Leases and /or Agreements by and between Prospect Valley Farms, Ltd., a Colorado limited partnership and PV Water Holdings LLC, a Colorado limited liability company recorded July 20, 2004 at Reception No. 3200589. 18. An oil and gas lease, executed by Eagle Peak Farms, Ltd. as lessor(s) and by J. Michael McGhee as lessee(s), for a primary term, dated December 15, 1993, recorded June 15,1994 at Reception No. 2393566, and any and all assignments thereof or interests therein. 19. Right of way, whether fee or easement only, for an electric transmission line and appurtenances, as granted to Tri-State Generation and Transmission Association, Inc. by Prospect Valley Farms, Ltd., recorded September 16, 1999 at Reception No. 2720795, as set forth in said instrument. 15 SKIM, Inc. LG SKL15975 WE 3537787-2008.015 eRecorded in Weld County, CO Doc Id: 3537787 02/2712008 11:57 A Receipt#: 7345644 Page: 16 of 21 Total Fee: $160.23 Steve Moreno, Clerk and Recorder NOTE: License given in connection with the above easement by and between Duke Energy Field Services, Inc. and Tri-State Generation and Transmission Association, Inc. recorded February 2, 2000 at Reception No. 2747548. NOTE: Right of Way Easements and Licenses by and between Hei rylyn Irrigation District and Tri-State Generation and Transmission Association, Inc. recorded March 31, 2000 at Reception No. 2758898. NOTE: Assignment of Oil and Gas Leases and /or Agreements by and between Prospect Valley Farms, Ltd., a Colorado limited partnership and PV Water Holdings LLC, a Colorado limited liability company recorded July 20, 2004 at Reception No. 3200589. 20. Terms, conditions, provisions, agreements and obligations specified under the Findings of Fact, Conclusions of Law, Judgment and Decree of the Court, which was recorded June 22, 2004 at Reception No. 3191504. NOTE: Assignment of Well Permits from Eagle Peak Farms, Ltd., a Colorado limited partnership unto Prospect Valley Farms, Ltd., a Colorado limited partnership recorded February 14, 1996 at Reception No. 2476436. NOTE: Assignment (Wells Permits and Decrees) by and between Prospect Valley Farms, Ltd., a Colorado limited partnership and PV Water Holdings LLC, a Colorado limited liability company recorded July 20, 2004 at Reception No. 3200586. NOTE: Agreement by and between Town of Keenesburg, CO and Resource Colorado Water and Sanitation Metropolitan District recorded July 26, 2006 at Reception No. 3405897. 21. Terms, conditions, provisions, agreements and obligations specified under the Findings of Fact, Conclusions of Law, Judgment and Decree of the Court, which was recorded June 22, 2004 at Reception No. 3191505. NOTE: Assignment of Well Permits from Eagle Peak Farms, Ltd., a Colorado limited partnership unto Prospect Valley Farms, Ltd., a Colorado limited partnership recorded February 14, 1996 at Reception No. 2476436. NOTE: Assignment (Wells Permits and. Decrees) by and between Prospect Valley Farms, Ltd., a Colorado limited partnership and PV Water Holdings LLC, a Colorado limited liability company recorded July 20, 2004 at Reception No. 3200586. NOTE: Agreement by and between Town of Keenesburg, CO and Resource Colorado Water and Sanitation Metropolitan District recorded July 26, 2006 at Reception No. 3405897. 22. Terms, conditions, provisions, agreements and obligations specified under the Special Warranty Deed (Water) by and between Prospect Valley Farms, Ltd., a Colorado limited liability company and PV Water Holdings LLC, a Colorado limited liability company, which was recorded July 20, 2004 at Reception No. 3200585. 23. Easements, notes, terms, conditions, provisions, agreements and obligations as shown on the ALTA/ACSM Land Title Survey recorded September 13, 2004 at Reception No. 3218378. 16 s1CLD, Inc. LG SKL15975 WE 3537787-2008.016 eRecorded in Weld County, CO Doc Id: 3537787 02/27/2008 11:57 A Receipt#: 7345644 Page: 17 of 21 Total Fee: $160.23 Steve Moreno, Clerk and Recorder The Following Affect Parcel Three (Parcel I-1) 24. Reservation of right of way for any ditches or canals constructed by authority of United States, in U.S. Patents recorded November 24, 1928 in Book 677 at Page 209. 25. Terms, agreements, provisions, conditions and obligations as contained in Agreement by and between Frank A. Neill, Rispah A. Neill, Clarence 0. Byrnes, Annie Faye Byrnes and H. E. Crow recorded August 13, 1951 in Book 1309 at Page 220. 26. Terms, agreements, provisions, conditions and obligations as contained in Agreement by and between Clarence 0. Byrnes, Annie Fay Byrnes and H,E. Crow recorded August 13, 1951 in Book 1309 at Page 224. 27. An undivided 1/2 interest in and to all of the oil, gas, coal and other minerals in and under and that may be produced from the above described land, together with the right of ingress and egress at all times for the purpose of mining, drilling and exploring said land for oil, gas, coal and other minerals and removing the same therefrom, as reserved by Clarence 0. Byrnes and Annie Faye Byrnes in the Deed recorded November 28, 1951 in Book 1317 at Page 585, and any interests therein or rights thereunder. NOTE: Bargain and Sale Deed (Minerals) by and between Prospect Valley Farms, Ltd., a Colorado limited partnership and PV Water Holdings LLC, a Colorado limited liability company recorded July 20, 2004 at Reception No. 3200594. 28. An undivided 1/4 interest in and to the minerals of every kind and nature in and under said lands, subject to the rights of ingress and egress at all times for the purpose of mining and removing the same therefrom as reserved by Ethel R. Bobbin in the Deed recorded January 4, 1952 in Book 1320 at Page 218, and any interest therein or rights thereunder. NOTE: Bargain and Sale Deed (Minerals) by and between Prospect Valley Farms, Ltd., a Colorado limited partnership and PV Water Holdings LLC, a Colorado limited liability company recorded July 20, 2004 at Reception No. 3200594. 29. Right of way easement 16.5 feet wide to construct, operate, maintain and remove communication and other facilities as granted to The Mountain States Telephone and Telegraph Company by instrument dated October 25, 1974, recorded November 11, 1974 in Book 726 as Reception No. 1648284, over and across the South 16.5 feet of the North 46.5 feet of the N1/2 of the NE1/4 of Section 32, Township 2 North, Range 63 West of the 6th P.M., which strip is South of, parallel to and abutting the South Right of Way line of County Road Number 16. 30. Oil and gas lease between Edwin J. Byrnes, Shari Bradley, Jan Baca, Kay L. Rogers, Schell Holloway, Pamela Porter, Larry Douglas Byrnes, Allorah Jo Byrnes, Christopher Byrnes and G.L. Willis, Jr. and J. Michael McGhee dated January 3, 1994, recorded May 16,1994 in Book 1441 as Reception No. 02388604, and any interests therein or rights thereunder. 17 SJL➢, Inc. LG 8KL15975 AE 3537787-2008.017 eRecorded in Weld County, CO Doc Id: 3537787 02127/2008 11:57 A Receipt#: 7345644 Page: 18 of 21 Total Fee: $160.23 Steve Moreno, Clerk and Recorder NOTE: Assignment of Oil and Gas Leases/or Agreements by and between Prospect Valley Farms, Ltd., a Colorado limited partnership and PV Water Holdings LLC, a Colorado limited liability company recorded July 20, 2004 at Reception No. 3200595. 31. Oil and gas lease between Eagle Peak Farms, Ltd., a Colorado Limited Partnership and J. Michael McGhee dated December 15, 1993, recorded June 15, 1994 in Book 1446 as Reception No. 02393566, and any interests therein or rights thereunder. NOTE: Assignment of Oil and Gas Leases/or Agreements by and between Prospect Valley Farms, Ltd., a Colorado limited partnership and PV Water Holdings LLC, a Colorado limited liability company recorded July 20, 2004 at Reception No. 3200595. 32. Terms, conditions, provisions, agreements and obligations specified under the Findings of Fact, Conclusions of Law, Judgment and Decree of the Court, which was recorded June 22, 2004 at Reception No. 3191504. NOTE: Assignment of Well Permits from Eagle Peak Farms, Ltd., a Colorado limited partnership unto Prospect Valley Farms, Ltd., a Colorado limited partnership recorded February 14, 1996 at Reception No. 2476436. NOTE: Bargain and Sale Deed by and between Prospect Valley Farms, Ltd., a Colorado limited partnership and PV Water Holdings LLC, a Colorado limited liability company recorded July 20, 2004 at Reception No. 3200590. NOTE: Assignment (Wells Permits and Decrees) by and between Prospect Valley Farms, Ltd., a Colorado limited partnership and PV Water Holdings LLC, a Colorado limited liability company recorded July 20, 2004 at Reception No. 3200591. 33. Terms, conditions, provisions, agreements and obligations specified under the Findings of Fact, Conclusions of Law, Judgment and Decree of the Court, which was recorded June 22, 2004 at Reception No. 3191505. NOTE: Assignment of Well Permits from Eagle Peak Farms, Ltd., a Colorado limited partnership unto Prospect Valley Farms, Ltd., a Colorado limited partnership recorded February 14, 1996 at Reception No. 2476436. NOTE: Bargain and Sale Deed by and between Prospect Valley Farms, Ltd., a Colorado limited partnership and PV Water Holdings LLC, a Colorado limited liability company recorded July 20, 2004 at Reception No. 3200590. NOTE: Assignment (Wells Permits and Decrees) by and between Prospect Valley Farms, Ltd., a Colorado limited partnership and PV Water Holdings LLC, a Colorado limited liability company recorded July 20, 2004 at Reception No. 3200591. 34. Terms, conditions, provisions, agreements and obligations specified under the Special Warranty Deed (Water) by and between Prospect Valley Farms, Ltd. a Colorado limited partnership and PV Water Holding LLC, a Colorado limited liability company, which was recorded July 20, 2004 at Reception No. 3200590. 35. Terms, conditions, provisions, agreements and obligations specified under the Bargain and Sale Deed (Easements) by and between Prospect valley Farms, Ltd. and PV Water Holdings LLC, which was recorded July 20, 2004 at Reception No. 3200592. 18 SKID, Inc. LG 5EL15975 WE 3537787-2008.018 eRecorded in Weld County, CO Doc Id: 3537787 021271200811:57 A Receipt#: 7345644 Page: 19 of 21 Total Fee: $160.23 Steve Moreno, Clerk and Recorder 36. Easements, notes, terms, conditions, provisions, agreements and obligations as shown on the ALTA/ACSM Land Title Survey prepared by J.R. Engineering, dated December 1, 2003, revised December 29, 2003, revised January 9, 2004, June 21, 2004, June 28, 2004 and July 1, 2004 as Job No. 15006.00 recorded September 13, 2004 at Reception No. 3218386. 37. Terms, conditions, provisions, agreements and obligations specified under the Notice given by Prairie Falcon Express Company, which was recorded January 5, 2007 at Reception No. 3445894. The following Affect Parcel Four (Parcel 1-2A) 38. Reservations made by the Union Pacific Railway Company, in deed recorded September 30, 1907 in Book 233 at Page 117, providing substantially as follows: reserving unto the company and its assigns all coal that may be found underneath the surface of the land herein described and the exclusive right to prospect and mine for same, also such right-of-way and other grounds as may appear necessary for proper working of any coal mines that may be developed upon said premises, and for transportation of coal from same; and any and all assignments thereof or interest therein. 39. Right of way for the Low Line Lateral as granted to the Henrylyn Irrigation District by deed recorded November 23, 1926 in Book 814 at Page 157. 40. Reservation by the Burlington Northern Inc., successor in interest to Chicago, Burlington & Quincy Railroad Company of all oil, coal and other minerals underlying the land, the exclusive right to prospect for, mine and remove oil, coal and other minerals, and the right of ingress and egress and regress to prospect for, mine and remove oil, coal and other minerals, as contained in deed recorded June 12, 1981 in Book 938 at Page 1860423, and any and all assignments thereof or interests therein. 41. Notes, restrictions and easements as shown on Recorded Exemption No. 1303-33-3- RE1939 recorded December 27, 1996 in Book 1583 at Reception No. 2526795. 42. Request for Notification of Surface Development recorded May 28, 2002 at Reception No. 2955275. 43. ALTA/ACSM Land Title Survey by instrument recorded September 13, 2004 at Reception No. 3218381. 44. The effect of certified letter concerning Prairie Falcon Parkway Express Company, PTR by instrument recorded January 5, 2007 at Reception No. 3445894. The following Affect Parcel Five (Parcel I --2B) 45. Reservations made by the Union Pacific Railway Company, in deed recorded September 30, 1907 in Book 233 at Page 117, providing substantially as follows: reserving unto the company and its assigns all coal that may be found underneath the surface of the land herein described and the exclusive right to prospect and mine for same, also such right-of-way and 19 S LD, Inc. LG 5KL15975 THE 3537787-2008.019 eRecorded in Weld County, CO Doc Id: 3537787 021271200811:57 A Receipt#: 7345644 Page: 20 of 21 Total Fee: $160.23 Steve Moreno, Clerk and Recorder other grounds as may appear necessary for proper working of any coal mines that may be developed upon said premises, and for transportation of coal from same; and any and all assignments thereof or interest therein. 46. Right of way for the Low Line Lateral as granted to the Henrylyn Irrigation District by deed recorded November 23, 1926 in Book 814 at Page 157. 47. Reservation by the Burlington Northern Inc., successor in interest to Chicago, Burlington & Quincy Railroad Company of all oil, coal and other minerals underlying the land, the exclusive right to prospect for, mine and remove oil, coal and other minerals, and the right of ingress and egress and regress to prospect for, mine and remove oil, coal and other minerals, as contained in deed recorded June 12, 1981 in Book 938 at Page 1860423, and any and all assignments thereof or interests therein. 48. Notes, restrictions and easements as shown on Recorded Exemption No. 1303 -33 -3 - RE 1939 recorded December 27, 1996 in Book 1583 at Reception No. 2526795. 49. Request for Notification of Surface Development recorded May 28, 2002 at Reception No. 2955275. 50. ALTA/ACSM Land Title Survey by instrument recorded September 13, 2004 at Reception No. 3218381. 51. The effect of certified letter concerning Prairie Falcon Parkway Express Company, PTR by instrument recorded January 5, 2007 at Reception No. 3445894. 52. Terms, conditions, provisions, agreements and obligations specified under the Easement Deed (Tank Site) by and between PV Water Holdings LLC and Resource Colorado Water and Sanitation Metropolitan District, which was recorded July 26, 2006 at Reception No. 3405890. 53. Terms, conditions, provisions, agreements and obligations specified under the Easement Deed (Tank Site) by and between Resource Colorado Water and Sanitation Metropolitan District and the Town of Keenesburg, Colorado, which was recorded July 26, 2006 at Reception No. 3405895. 54_ Terms, conditions, provisions, agreements and obligations specified under the Easement Agreement, which was recorded November 1, 2007 at Reception No. 3514965. 55. Terms, conditions, provisions, agreements and obligations specified under the Special Warranty Deed (Existing Easements), which was recorded November 1, 2007 at Reception No. 3514966. 56. Construction Deed of Trust, Security Agreement Fixture Filing Financing Statement and Assignment of rents and leases from PV LLC, HP Farms Holdings LLC, Prospect Farms [I Holdings LLC and Pioneer Communities Holdings LLC, each a Colorado limited liability company to the Public Trustee of Weld County for the benefit of Fortress Credit Corp. to secure the indebtedness in the principal sum of $75,000,000.00, and any other amounts 20 SKLD, Inc, LG SKL15975 WE 3537787-2008.020 eRecorded in Weld County, CO Doc Id: 3537787 02/27/2008 11:57 A Receipt#: 7345644 Page: 21 of 21 Total Fee: $160.23 Steve Moreno, Clerk and Recorder and/or obligations secured thereby, dated October 31, 2007 and recorded November 1, 2007 under Reception No. 3514967. NOTE: This deed of Trust Affects the Easements Rights of Subject Property only. 57. Assignment of Leases and rents and other income recorded Novemberl, 2007 at Reception No. 3514969. NOTE: Correction Assignment Recorded November 13, 2007 at Reception No. 3516920. 58. Notice by Disburser recorded November 1, 2007at Reception No. 3514968. 59. Notice by Disburser recorded December 5, 2007 at Reception No. 3521880. 60. UCC Financing statement from PV LLC, a Colorado limited liability company, debtor, to Fortress Credit Corp, secured party, recorded November 1, 2007 at Reception No. 3514970. NOTE: UCC Financing Statement Amendment recorded December 5, 2007 at Reception No. 3521881. 61. Terms, conditions, provisions, agreements and obligations specified under the Notice of Irrigation, which was recorded November 1, 2007 at Reception No. 3514971. 62. Terms, conditions, provisions, agreements and obligations specified under the Easement Deed (PV Property) by and between PV Wats Holdings LLC and PV LLC dated February 22, 2008, which was recorded on re,ljr iary 45 , 2008 at Reception No. . 5 57.31' 1 . J 63. Terms, conditions, provisions, agreements and obligations specified under the Covenant Regarding New Residences Constructed Within the Lost Creek Ground Water Management District (Weld County) executed on February 29, 2008, which was recorded on F. -t; Anta, p7./ 45 , 2008 at Reception No. 303 7 6 i/A3 21 SKID, Inc. LG SKL15975 WE 3537787-2008.021 Hello