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TRANSNATION TITLE INSURANCE COMPANY <br />Commitment No.: 7577087 <br />SCHEDULE B <br />EXCEPTIONS <br />The policy or policies to be issued will contain exceptions to the <br />following unless the same are disposed of to the satisfaction of the <br />Company: <br />1. Rights or claims of parties in possession not shown by the public <br />records. <br />2. Easements, or claims of easements, not shown by the public <br />records. <br />3. Discrepancies, conflicts in boundary lines, shortage in area, <br />encroachments, and any facts which a correct survey and inspection <br />of the premises would disclose and which are not shown by the <br />public records. <br />4. Any lien, or right to a lien, for services, labor or material <br />theretofore or hereafter furnished, imposed by law and not shown <br />by the public records. <br />5. Defects, liens, encumbrances, adverse claims or other matters, if <br />any, created, first appearing in the public records or attaching <br />subsequent to the effective date hereof but prior to the date the <br />proposed insured acquires of record for value the estate or <br />interest or mortgage thereon covered by this Commitment. <br />Note: The above exception will not appear on policies where ` <br />closing and settlement has been performed by the company. <br />6. a. Taxes due and payable; and any tax, special assessments, charge <br />or lien imposed for water or sewer service, or for any other <br />special taxing district. <br />b. Any and all unredeemed tax sales, if any. <br />Note:Upon receipt of a Certificate of Taxes Due evidencing that <br />there are no existing open tax sales, the above exception 6b will <br />not appear on the policy to be issued hereunder. <br />Note: <br />PURSIIANT TO CRS 10-11-122 NOTICE IS HSREHY GIVEN THAT: <br />(A) THE SUBJECT PROPERTY MAY BE LOCATED IN A SPECIAL TAXING <br />DISTRICT] <br />(B) A CERTIFICATE OF TAXES DUE LISTING EACH TAXING JURISDICTION <br />MAY BE OBTAINED FROM THE COUNTY TREASURER OR THE COUNTY <br />TREASURER'S AUTHORIZED AGENT; <br />(C) INFORMATION REGARDING 3PECIAL DISTRICTS AND THE BOUNDARIES OF <br />3UCH DISTRICTS MAY BE OBTAINED FROM THE BOARD OF COUNTY <br />COMMISSIONERS, THE COUNTY CLERK AND RECORDER, OR THE COUNTY <br />ASSESSOR. <br />Page 7 <br />