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02/27/04 15:04:`72 dd dc1102 <br />Form No. 1344-B1 (CO-88) <br />ALTA Plain Language Commitment <br />BCHEDULE B - Section 1 <br />Order No. U015685A04 <br />Requirements <br />The following requirements must be met: <br />File q UOI WBSAOd <br />(a) Pay the agreed amounts for the interest in the land and/or for the mortgage to be <br />insured. <br />(b) Pay us the premiums, fees and charges for the policy. <br />(c) Obtain a certificate of taxes due from the county treasurer or the county <br />treasurer's authorized agent. <br />(d) Provide us the "Affidavit and Indemnity" signed by the parties listed in <br />Paragraph 3, Schedule A of this Commitment and notarized. <br />(e) The following documents satisfactory to us must be signed, delivered and <br />recorded: <br />1. Warranty Deed sufficient to convey the fee simple estate or interest in the <br />land described or referred to herein, to the Proposed Insured, Schedule A, <br />Item 2A. <br />2. Release of the Deed of Trust from Randall Panowicz to the Public Trustee of <br />Weld County for the benefit of Long Heach Mortgage Company to secure an <br />indebtedness in the principal sum of $202,500.00, and any other amounts and/or <br />obligations secured thereby, dated October 15, 2002 and recorded October 18, <br />2002 at Reception No. 2997044. <br />3. This Commitment is subject to such further Exceptions and/or Requirements as <br />may appear necessary when the name of the (Proposed Insured, Schedule A, Item <br />2A) has been disclosed. <br />NOTE: IF THE SALES PRICE OF THE SUBJECT PROPERTY EXCEEDS $100,000.00 THE SELLER <br />SHALL BE REQUIRED TO COMPLY WZTH THE DISCLOSURE OR WITHHOLDING PROVISIONS OF C.R.S. <br />39-22-604.5 (NONRESIDENT WITHHOLDING). <br />