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PERMITTED EXCEPTIONS <br /> 1. Rights or claims of parties in possession not shown by the public records. <br /> 2. Easements,or claims of easements, not shown by the public records. <br /> 3. Discrepancies,conflicts in boundary lines,shortage in area, <br /> encroachments, and any facts, which a correct survey and inspection of the <br /> premises would disclose,and which are not shown by the public records. <br /> 4. Taxes and assessments for 2007 and subsequent years, a lien not yet due <br /> or payable. <br /> 5. Any and all water rights, claims, or title to water,whether or not the <br /> matters excepted are shown by the public record. <br /> 6. Right of way for ditches or canals constructed by the authority of the <br /> United States, as reserved in United States Patent recorded January 16, <br /> 1925 in Book 112 at Page 424 and reservation of all oil and gas,together <br /> with the right to prospect for,mine and remove the same pursuant to the <br /> provisions and limitations of the Act of July 17, 1914 in said Patent, and <br /> any and all interests therein or assignments thereof. <br /> 7. Right of way for ditches or canals constructed by the authority of the <br /> United States, as reserved in United States Patent recorded May 14, 1940 <br /> in Book 194 at Page 615 and reservation of all coal and other minerals, <br /> together with the right to prospect for, mine and remove the same pursuant <br /> to the provisions and limitations of the Act of December 29, 1916 in said <br /> Patent, and any and all interests therein or assignments thereof. <br /> 8. Right of way for ditches or canals constructed by the authority of the <br /> United States, as reserved in United States Patent recorded January 28, <br /> 1943 in Book 208 at Page 138 and reservation of all coal and other <br /> minerals, together with the right to prospect for,mine and remove the <br /> same pursuant to the provisions and limitations of the Act of December <br /> 29, 1916 in said Patent, and any and all interests therein or assignments <br /> thereof. <br /> 9. Reservations,conditions and stipulations contained in the United States <br /> Patent No. 1431391 recorded April 10, 1951 in Book 257 at Page 543 <br /> including,but not limited to the following: <br /> • That the grant hereby made is restricted in its exterior limits to the <br /> boundaries of the said mining premises, and to any veins or lodes <br /> of quartz or other rock in place bearing gold, silver,cinnabar,lead, <br /> tin,copper and other valuable deposits which may have been <br /> discovered within said limits subsequent to and which were not <br /> known to exist on July 12, 1949. <br /> • That should any vein or lode of quartz or other rock in place <br /> bearing gold,silver, cinnabar, lead, tin, copper or other valuable <br /> deposits,be claimed or known to exist within the above-described <br /> premises at said last-named dated,the same is expressly excepted <br /> and excluded from these presents. <br /> • Right of way for ditches or canals constructed by the authority of <br /> the United States. <br /> 10. Reservation of all minerals, together with the right to urosnect for.mine <br />