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SPECIAL WARRANTY DEED
<br />THIS DEED, made as of the 20th day af May, 2010, between Breckenridge Meadows
<br />Develapment Company, L.L.C., a Colorado limited liahility company of the County of El Paso
<br />and State af Calarado ("Grantor") and Swan's Nest Metropolitan District, a Colorado speciai
<br />district whose legal address is c% Alan Wickert, 375 Revett Drive, Breckenridge, CO 80424 of
<br />the County of Summit and State of Colorado {"Grantee").
<br />WITNESSETH that Grantor, on behaIf af itself, its meznbers, and their respective predecessors,
<br />successors, heirs, and assigns, for and in consideration of the sum of Two Hundred Eighty-Five
<br />Thousand and No/100 Dollars ($285,004.40), the receipt and sufficiency of which are hereby
<br />acknawledged, has granted, bargained, sald and conveyed, and by these presents does grant,
<br />bargain, sell, convey, and confirm, unto Grantee, its heirs, successors and assigns forever, all the
<br />real property, together with improvements, if any, situate, lying and being in the Caunty of
<br />Suxnmit, State of Colorado, described as follows:
<br />(a) The Water Righ�s described in Exhibit A attached hereta which include, without
<br />limitation, the "Water Rights" described in that certain Master Lease between
<br />Breckenridge Meadows I?evelopment Company, L.L.C. as "Master Lessor," and Swan's
<br />Nest Metropolitan District as "Master Lessee" dated March 1 l, 1997 and recorded on
<br />March 28, 1997 in the Office of the Summit County Recorder at Reception No, 53b032;
<br />a.nd
<br />(b} The "Real Property" described in that certain Master Lease between Breckenridge
<br />Meadows Development Company, L.L.C. as "Master Lessor," and Swan's Nest
<br />Metropolitan District as "Master Lessee" dated March I 1, 1997 and recorded on March
<br />28, I997 in the Office of the Summit County Recorder at Reception No. 536432.
<br />TOGETHER with all and singulaz the hereditaments and appzutenances thereto belonging, ar in
<br />anywise appertaining, and the reversion and reversions, remainder and remainders, rents, issues
<br />and profits thereaf; and all the estate, right, title, interest, cla.im and demand whatsoever of
<br />Grantor and/or its members, either in law or equity, of, in and ta the above bargained premises,
<br />with the hereditaments and appurtenances;
<br />TQ HAVE AND TU HOLD the said pzemises abave baxgauned and described with the
<br />appurtenances, unto Grantee, its heirs, successors and assigns forever. Grantc�r, for itself, its
<br />suceessors and assigns, does covenant and agree that it shalI and will WARRANT AND
<br />FOREVER DEFEND the above-t�argained premises in the quiet and peaceable possessian of
<br />Grantee, its heirs, successars and assigns, against all and every person or persans clai�ning the
<br />whole or any party thereof, by, through, or under tlae Grantor.
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