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08/11/2000 14:48 F~1% 2148818558 <br /> <br />Schedule B <br />Exceptions <br />1. Assignmenrt of Royalty Imerest to Robert I, Licims recorded May 29, 1985 in <br />Book 415 at Page 310 as Reception No. 311584, which royalty interest has been further assigned <br />by the following instruments: - <br />Assignment of Royalty Interest to Kim C. Harden recorded April 7, 1989 in Book <br />503 at Page 788 as Reception No. 399974. <br />Assigmneat of Royalty Interest to Barbara A Collins recorded April 10, 1989 in <br />Book 503 at Page 886 as Reception No. 400072. <br />Assignment of Royalty Interest to Alice Condodina <br />2. ]aclusinn of the Property in the Western Eagle County Metropolitan Recreation <br />District by virtue of an order dated December 16, 1989. <br />3, Paramount title vested in the United States of America. <br />4- Conditional tight to lease the mining claims identified on Schedule A as Pat <br />1, Pat 2, Pat 3, Pat 4, Lisa 1, Lisa 2, Lisa 3, and Lisa 4, which lease would expire not later than <br />December 31, 1998, as corrtained in Amended and Restated Gypsum Supply Agreement dated as <br />of Ianuary 1, 1488, by and bctween Eagle-Gypsum, Ltd., and Ideal Basic Industries, lnc., a <br />Delaware corporation. <br />5. Grantor does not warrant or represent that it has trade a discovery of a valuable <br />plineral on each of the unpatettted mining cleitns which comprise the Property for the purposes <br />of the mining laws of the United States or State of Colorado.. <br />6. The lien for arty real property taxes due upon the Property for the year 1947 and <br />thereafter: <br />:: <br />cJ <br />,a <br />w <br />1111111 IIIII IIIIiI 111111 ill 11111111111! Ill 11111 1111 Ilil <br />615680 02/28/1897 04.12P 8719 P688 388 <br />7 0~ 7 R 60.76 D 0.00 N 0.00 Eagle, Colm'ada <br />c-:~narnwust.~a.4cr~z3si.. <br />