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<br /> 33U313 01112/2606 09:50A Wald County,CO
<br /> 4 of 7 R 36.00 0 374.50 5tevo Moreno Clerk&Recorder �
<br /> EXHIBIT 1
<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,encroachments and any facts which a
<br /> correct survey and inspection of the premises would disclose and which are not shown by the public
<br /> records.
<br /> 4. Any lien or right to a lien,for services,labor or material heretofore or hereafter furnished,Imposed by
<br /> law and not shown by the public records.
<br /> S. Defects,[lens,encumbrances,adverse claims or other matters,If any,created,first appearing in the
<br /> public records or attaching subsequent to the effective date hereof but prior to the date the proposed
<br /> Insured acquires of record for value the estate or Interest or mortgage thereon covered by this
<br /> Commitment.
<br /> Note: The above exception will not appear on policies where closing and settlement has been
<br /> performed by the Company.
<br /> 6. Any and all unredeemed tax sales,if any.
<br /> Note: Upon receipt of a Certificate of Taxes Due evidencing that there are no existing open tax sales,
<br /> the above exception will not appear on the policy to be Issued hereunder.
<br /> 7. Any and all unpaid taxes and assessments.
<br /> 8. Rights of way,whether In fee or easement only,for county roads 30 feet wide on each side of section
<br /> and township lines as established by Order of the Board of County Commissioners for Weld County,
<br /> recorded October 14, 1889 In Book 86 at Page 273,
<br /> 9. Reservations made by the Union Pacific Railway Company In deed recorded October 8, 1891 In Book
<br /> 106 at Page 45,and any Interests therein or rights thereunder.
<br /> 10. Right of way,whether in fee or easement only,to lay,maintain,inspect,operate and repair a pipe
<br /> line,granted to William J, Cheley by instrument recorded August 17, 1950 in Book 1277 at Page 359,
<br /> In which the specific location of the easement is not defined.
<br /> (Affects --
<br /> 11. Oil and gas lease between Conrad Hopp,Jr.and Frieda Hopp and T.S. Pace,recorded June 25, 1970 In
<br /> Book 628 at Reception No. 1549961,and any interests therein or rights thereunder.
<br /> Note:Extension of the above lease as claimed by Affidavit of Production, pursuant to C.R,S, 38-42-
<br /> 106,by Amoco Production Company,recorded November 4,1975 In Book 752 at Reception No.
<br /> 1673754.
<br /> (Affects NE1/4 Section 35)
<br /> 12. Terms,agreements,provisions,conditions and obligations as contained In Memorandum of Agreement
<br /> recorded October 26, 1979 in Book 885 at Reception No. 1807435.
<br /> (Affects NE1/4 Section 35)
<br /> 13. Terms,agreements,provisions,conditions and obligations as contained in Agreement recorded
<br /> February 11, 1981 In Book 927 at Reception No.1849409,
<br /> 14. Undivided one-half Interest in and to all oil,gas,and other minerals as reserved by Conrad Dale Hopp
<br /> and Martha Ann Hopp,In the Agreement for Purchase and Sale of Property-Escrow,recorded 3anuary
<br /> 11, 1983 In Book 986 at Reception No. 1914015,and any Interests therein or rights thereunder,
<br /> 15. Covenants,Conditions,and Restrictions,which do not contain a forfeiture or reverter clause(deleting
<br /> any restrictions Indicating any preference,limitation or discrimination based on race,color,religion,
<br /> sex,handicap,familial status or national origin)as contained In deed from Conrad Dale Hopp and
<br /> 'MAlthe Arm Ho"pp'to ConstFuctioFr4gasing 1fWestment1UD7-,•a-Partnerst0, recorded�februeryt L ,1A81-.
<br /> in Book 927 at Reception No. 1849408,and any and all amendments and Supplements thereto,
<br /> providing substantially as follows:
<br /> 1. For so long as such property Is used as a road for the commercial hauling of gravel,the owner of
<br /> such land shall be responsible for dust control,by either water or oil,as required,at the owner's
<br /> expense.
<br /> 2.Any road constructed on the subject property shall be constructed with a gravel base.
<br /> 3.Grantors reserve a perpetual right of access on to such property and any road constructed thereon,
<br /> from any place or places on Grantor's adjacent property,which is the NEi/4 of said Section 35.
<br /> 16. Right of way,whether In fee or easement only,to construct,reconstruct, rephase,repair,operate and
<br /> maintain all streets, roads or highways abutting said lands,an electric transmission and/or distribution
<br /> line or system,as granted to union Rural Electric Associatlon,Inc. by Construction Leasing Investment
<br /> Co.,recorded December 23, 1981 in Book 956 at Reception No. 1877947,affecting the following
<br /> described property:
<br /> An easement and/or right-of-way 10 feet in width on,over,under and across a portion of the NEi/4 of
<br /> Section 35,Township 3 North,Range 68 West of the 6th P.M.,Weld County,Colorado,said easement
<br /> being more particularly described as follows:The East 10 feet of the West 60 feet of the NEi/4 said
<br /> 66 'd 5605 'ON b' M wdOZ:E 9006 '6l 'NdV
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