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EXHIBIT "B" <br />PERMITTED EXCEPTIONS <br />1. (a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts <br />authorizing the issuance thereof, (c) water rights, claims of title to water. <br />2. Taxes and assessments for the year 2014, a lien not yet due and payable. <br />3. Reservations of (1) any vested and accrued water rights and rights to ditches and <br />reservoirs; and (2) the right of a proprietor of any penetrating vein or lode to extract his <br />ore, in U.S. Patents recorded as follows: <br />Date Reco BookIPMe Lands Affected <br />01/25 /1902 24 24 (U.S.A. to Charles Von Brandis) <br />Tl N, R96W, 6th P.M. <br />Section 6; Lot 5, SE1/4NW1 /4, SWl /4NE1 /40 <br />NWl /4SE1 /4 <br />01/25/1902 24 •22 (U.S.A. to Isaac E. Black) <br />Tl N, R96W, 6th P.M. <br />Section 6: EMSEl/4,E1/2NE1 /4 <br />01/25/1902 24 23 • (U.S.A. to George W. Reed)' <br />TIN, R96W, 6th P.M. <br />Section 6: El/2SW,SWSE <br />07/03/1900 5 178 (U.S.A. to James W. Shepard) <br />TIN, R96W, 6th P.M. <br />Section 5: SWSW <br />Section 7: NENE <br />Section 8: NWNW <br />4. Plat and Statement for the Wharton Enlargement of the Geo. S. Witter Ditch recorded <br />August 28, 1969 as Reception No. 22773. <br />5. Reservation of an undivided one--half interest owned by the Grantor in all oil, gas or <br />other minerals lying in, upon or under the lands described in the Warranty Deed from <br />Dick Merriam to Johnnie D. Johnson and Burrlinda Johnson recorded May 18, 1950 in <br />Book 132, Page 447, Reception No. 80204 and any interests thereof or interests therein. , <br />6. Reservation of an undivided one - fourth interest in and to all minerals or minerals rights in <br />the described lands in the Warranty Deed from Bert L Rosenlund to Winston Wheeler <br />recorded July 2, 1964 in Book 258, Page 443, Reception No. 127150 and any <br />assignments thereof or interests therein. <br />EK=rr °B" -PAGE 1 <br />SPECIAL WARRANTYDBED <br />01516410002 \116414413 <br />