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<br />Loveland <br />3850 N. OtamAve. <br />Lovelllud, CO 80538 <br />(97fJ) 669-4071 <br />Fax; (970) 669-4078 <br /> <br />STEWART TITLE <br />MAIN OFFICE AND TITLE PLANT <br />3665 John F, Kennedy Parkway <br />Building 2, Suite 300 <br />Fort Collins, CO 80525 <br />(970) 226-4399 <br />Title Fax (970) Z82-0822 <br />Escrow Fax (970) 2Z6-4499 <br /> <br />Greeley <br />3459 W. 20th Street <br />Suite 222 <br />Greeley, CO 80634 <br />(970) 356-5573 <br />Fax (970) 356-7058 <br /> <br />OWNERSHIP AND ENCUMBRANCE RE~ORT <br /> <br />REPORT NO: 200377369 <br /> <br />LEGAL DESCRIPTION: <br /> <br />THE W1/2 OF SECTION 18, TOWNSHIP 10 NORTH, RANGE 66 WEST OF THE 6TH <br />P.M" COUNTY OF WELD, STATE OF COLORADO. <br /> <br />RECORD TITLE VESTED IN: G.M.S. LAND AND CATTtE LLC, A COLORADO LIMITED <br />LIABILITY COMPANY <br /> <br />RECORDED DATE OF DEED IN TO ABOVE OWNER: March 25, 2002 <br /> <br />DOC\JMENTAAY FEE ON THE ABOVE DEED: RECEPTION NO,: 29363% <br /> <br />LIENS AND ENCUMBRANCES OF RECORD: <br /> <br />GAAm'EiE <br />KEY BANK OF wYOMING <br />RE-LE-AS6 <br /> <br />DATE BOOK <br />06/27/94 1448 <br />ATlPCl1e.J) . <br /> <br />pAGE/REC.# <br />2394788 <br /> <br />PAf2T)AL <br /> <br />NOTE: If a Judgment or Tax Lien appears above, we are unable to <br />determine if the debtor is one and the same as the owner of the herein <br />described land. Said liens appear for information purposes only. <br /> <br />THIS COMPANY, IN ISSUING THIS CERTIFICATE, ASSUMES NO LIABILITY ON <br />ACCOUNT OF ANY INSTRUMENT OR PROCEEDINGS CONSTITUTING THE CHAIN OF <br />TITLE TO PROPERTY HEREIN CERTIFIED TO CONTAINING SU~ DEFECTING THAT <br />WOULD RENDER SUCH INSTRUMENT OR PROCEEDINGS NUllL AND VOID OR <br />DEFECTIVE, HEREIN ASSUMING THAT ALL INSTRUMENTS IN THE CHAIN OF TITLE <br />TO SAID PROPJ;:RTY ARE GOOD AND VALID. <br /> <br />LI~I~ITY FOR THIS OWNERSHIP AND ~CUWBRANCE REPORT IS LIMITED TO THE <br />PRICE PAID T~ COMPANY FOR THIS REPORT, AND THAT MAXIMUM LIABILITY IS <br />Continued on nexc page <br /> <br />