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c <br /> <br /> <br />EXI~BIT B <br />1. Deed of Trust (Pierce) recorded February 13, 1979, at Reception No. 428280 <br />of the records of La Plata County, Colorado. <br />2. Deed of Trust to First National Bank, Durango, Colorado, having the <br />apt,roximaie balance of $125,000.00. <br />3. The right of Arness to encumber the Property further, conditional, however, <br />on further encumbrances being subordinate to this Sublease Agreement. <br />4, Deed of Trust (Dudley Surface) recorded, Reception No. 420905 to Parcel, <br />1;eyers, Schwartz and Ruttem for $40,000.00. <br />5. Deed of Trust (Calder Surface) 40 acres. Recorded Reception No. 454403 <br />to Edward Arness for the sum of $155,000.00. <br />6. Claim and Lien of Ken 1ticGriffin. <br /> <br />. 19 <br />