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TRANSNATION TITLE ZNSBRANCE COMPANY
<br />Commitment No.: 80539258 C-3
<br />SCHEDIILE B - Continued
<br />EXCEPTIONS
<br />E1(CEPT[ONS 1 THRWGN 6 DELETED
<br />Oil and gas lease between Myrna Kay Slabaszewski, Mary Evelyn
<br />Leinweber and Freda Lee Dreiling and Frontier Land and
<br />Exploration, Inc. dated May 24, 1978, recorded May 26, 1978 in
<br />Book 833 as Reception No. 1754768, and any interests therein or
<br />rights thereunder.
<br />Note: Extension of the above lease as claimed by Affidavit of
<br />Production, pursuant Lo CAS 38-42-106, by Cotton
<br />Petroleum Corporation, recorded March 8, 1979 in Book
<br />862 as Reception No. 1783828 and March 29, 1979 in Book
<br />864 as Reception No. 1795820.
<br />Note: Extension of the above lease as claimed by Affidavit of
<br />Production, pursuant to CRS 38-42-106, by HS Resources,
<br />Inc., recorded December 12, 2000 as Reception No.
<br />2812777.
<br />(Affects Parcel 1)
<br />RighC of way, whether in fee or easement only, Eor a pipe line or
<br />pipe lines ar_d appurtenances, granted to Continental Pipe Line
<br />Company by Myrna Slabaszewski, Freda Dreiling and Mary E.
<br />Leinweber by instrument recorded February 22, 1980 in Book 896 as
<br />Reception No. 1817710, in which the specific location of the
<br />easement is r_ot defined.
<br />(Af Eects Parcel 1)
<br />9. Right of way, whether in Eee or easement only, for undisclosed
<br />purposes, as granted to Elsie Thiebault by Lena Ackerson and
<br />Harold Ackerson, recorded February 7, 1947 in Book 1197 at Page
<br />229, affecting the following described property:
<br />The West 20 feet of the SE1/4.
<br />(Affects Parcel 2)
<br />10. All ores and minerals, including oil and gas, as reserved by The
<br />Great Western Railway Company, a Colorado corporation, in the deed
<br />to Lena Ackerson recorded September 8, 1948 in Book 1234 at Page
<br />34, and any interests therein or rights thereunder.
<br />(Affects a strip of land 100 feet wide, being 50 feet wide on each
<br />side of the center line of The Denver, Laramie and Northwestern
<br />Railway Company, as originally located, over, across and through
<br />the SE1/4, said center line being more fully described as follows:
<br />Beginning at a point on the Souch line of said SE1/4, 1374 feet,
<br />more or less, West Erom the Southeast corner thereof, thence North
<br />1 degree 7 minutes East, a distance of 2643 feet, more or less, to
<br />a point on tYe North line of said SE1/4, 1312 feet, more or less,
<br />West from the Northeast corner thereof.
<br />Page 10
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