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Form No. 1056(6/87) <br /> ALTA Loan Policy-Form 1 <br /> Schedule A <br /> SCHEDULE A <br /> File No. FA4923 Policy No. CW-4817424 <br /> Amount of Insurance$100,000.00 Premium $270.00 <br /> Date of Policy: 08/22/2002 at 8:00 A.M. <br /> 1. Name of Insured: <br /> Department of Natural Resources,Water Conservation Board, its successors and/or assigns as their interests may <br /> appear. <br /> 2. The estate or interest in the land which is covered by this policy is: <br /> Fee Simple <br /> 3. Title to the estate or interest in the land is vested in: <br /> John Peroulis and Sons,A Colorado General Partnership <br /> 4. The insured mortgage and the assignments thereof,if any,are described as follows: <br /> Deed of Trust from John Peroulis and Sons, A Colorado General Partnership to the Public Trustee of Moffat <br /> County for the use of Department of Natural Resources,Water Conservation Board to secure$250,000.00 dated <br /> August 1,2002 recorded August 21,2002 as Reception No. 2002L-3734. NOTE: NOTWITHSTANDING <br /> THE FACT that the Deed of Trust being insured hereunder appears to secure Promissory Note for$250,000.00 <br /> -the LIABILITY OF THIS POLICY IS LIMITED TO$100,000.00. <br /> 5. The land referred to in this Commitment is described on Schedule C. <br />