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Rpr~20 04 01:26p Frank J. Rnesi [9701 259-2793 p.2 <br />I~-~tf-zees iz:» r.ew <br />~~ <br />.; _f` . <br />DPM/ats <br />COL®RADO LAIlID 31TLE COMPANY <br />t~ <br />cervirq ArehWet>. l> Mn> end Sen Juan Counties, Cobrodo. <br />Issuing Agent Far <br />TICOR TfTlE INSURANCE COMPANY <br />TITAN I)T!E l}J$URANCE COMVANY, fe ¢tock compenyf, o Cetifamio Corporedor>, herein called Om Cmnpeny, fw a vatuabls <br />eotssidaretion. hereby commits to issue Its ttotiry of tide :u:,aanu. to iderr[9ied in Selutluls A, in (evw of dw twonesed poised tamed <br />itt Sehe~de A, ae owner w mtxt9eges of }Its nroie or intvo¢t ctrvorcd hereby in thn IoM d¢soihW or refened fA in Selwduk A, upon <br />barmen[ er dro pretMUmc and cltmtRS Oterelw; all subject to the powisionc of Sclleduks A w,d 0 and b the CarMitionc wd <br />Stipulatiwts lmree}. <br />Prepared for: <br />AtCentiOn: <br />Copie~~to; <br />Dalton Land c cattle <br />ComP~Y <br />P. O. Box $OOB <br />Durango, CO 91102 <br />Robert Matthews <br />John Dillon, Sr., Soha <br />Dillon, Jr., David Dillon <br />and Sandco Corporation <br />Duthie fi SateiDarry Tdte <br />scx®t}Le A <br />Ozdez No. L-108875-8 <br />ALTA Owner's Policy <br />ALTA Standard Loan Policy <br />ADDITIQNAL ttORR <br />TILT C&ASIPZCAIN(5) <br />TOTAL UUE <br />Issuing O£f ice: <br />970 Main Avenue <br />Y. O, Bax 197 <br />Durango, CO e1302 <br />C~u--n~ter~i/fined: <br />~.lQ¢+lff ~• ~ <br />DAVID F. MARTINSZ <br />$ 1,000,000.00 52.075.00 <br />S $ <br />S aoD.oo <br />$ 45.00 <br />$2,520.00 <br />1. 8ffective dace: Ootober 19, 1993 nt 5100 P.ta. <br />2. Policy or POlicie~ to be issued: <br />ALTA Owner's Policy <br />Proposed insured: JO®} DILLON, SR.. JD}RI DILTAN, JR., DAVID DILLOA ts}sd 9A}IDCO <br />COAPORATZON, a Colerafl0 eotrpotatlon <br />ALTA Standard Loan Policy <br />Proposed Zneured= <br />1. Title to the estate or interest in said land is at the effective date hereof vested <br />in: <br />DALTON aad 8~L8Y CATTLB CORPORATZOM, a Colorado corparntion, in foe oltttpla, ®e to a <br />pprtioa cad ROBBRT 6. NAT17~N8, 1n fee simple, as to the rtmAindar; THDMAS i9. SBPTON, <br />as to Right of First Refusal on a portion. <br />