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Form No. 1056(6/87) <br /> .ALTA Loan Policy-Form I <br /> Schedule B-Part II <br /> SCHEDULE B <br /> PART II <br /> In addition to the matters set forth in Part I of this Schedule,the title to the estate or interest in the land described or referred <br /> to in Schedule A is subject to the following matters, if any be shown, but the Company insures that these matters are <br /> subordinate to the lien or charge of the insured mortgage upon said estate or interest: <br /> Deed of Trust from John Peroulis and Sons,A Colorado General Partnership and Four Mile Sheep,LLC,A Wyoming <br /> Limited Liability Company to the Public Trustee of Moffat County for the use of The Equitable Life Assurance <br /> Society of the United States to secure $2,500,000.00 dated February 17, 1999 and recorded February 19, 1999 as <br /> Reception No. 1999L-691,insofar as said Deed of Trust affects the subject property. <br /> Deed of Trust from John Peroulis and Sons,A Colorado General Partnership and Four Mile Sheep,LLC,A Wyoming <br /> Limited Liability Company and Breeze Group Inc., A Colorado Corporation to the Public Trustee of Moffat County <br /> for the use of The Equitable Life Assurance Society of the United States to secure $1,600,000.00, dated October 19, <br /> 2000 and recorded October 23, 2000 as Reception No. 2000L-4287, insofar as said Deed of Trust affects the subject <br /> property. <br /> NOTE: Said Deeds of Trust have been subordinated to the Deed of Trust,dated August 1,2002 , recorded August <br /> 21, 2002 as Reception No. 2002L-3734 by Subordination Agreement recorded August 19, 2002 as Reception No. <br /> 2002L-3674. <br />