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Page 2 <br /> Shults Ranch LLLP <br /> December 20,2017 <br /> Review of the records of the County Clerk and Recorder of Rio Blanco County,Colorado <br /> for this report is limited to the period of time from the date of November 30,2006 to the <br /> date hereof. <br /> This report is made for the sole use and benefit the STATE OF COLORADO,DIVISION <br /> OF RECLAMATION,MINING AND SAFETY,DEPARTMENT OF NATURAL <br /> RESOURCES and/or their client for the purpose of assisting in the determination of the <br /> ownership and encumbrances of the above described land. The instruments in the chain of <br /> title have not been examined to determine their legal sufficiency. This report is not to be <br /> considered a title opinion and any liability that may associated with its use shall be limited <br /> to$50,00. + <br /> Dated at Meeker, Colorado this 20th day of December,2017 at 7:59 o'clock A.M. <br /> THE RIO BLANCO COUNTY <br /> ABSTRACT COMPANY <br /> B3CZ4 4 2 <br /> Dean H.Hubbell,President <br /> O&E Shults Ranch LLLP T <br />