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JAN-23-2004 FR[ 03:01 PM FAX N0. P. O6 <br />C O M M I T M fi N T <br />F O R T I T L$ <br />r • • w ~ <br />SCHEDULE S <br />Section 1 <br />I N S U R A N C E <br />REc Our Order Na.: W61659A <br />The Fallowing are the requirements to be complied with: <br />Stem (a) Pay¢lent to or for the account of the granters or mortgagors of the full <br />consideration for the estate or interest to be insured- <br />Item (b) Payment of all taXee, chaxgee or assessments, levied and assessed against the <br />subject premises which are due sad payable. <br />Item (e) The following instrument(s) must be properly executed sad filed of record in <br />the Official Land Records of Weld CeuriCy, Colorado, to wiL: <br />1. warranty Deed from HIGHLAND DROPERTIES 4701 LLC, A COLORADO LIMITED LIABILITY COMPANY to <br />IMAGO ENTERPRISES, INC., A COLORADO CORPORP,TSON conveying the land described herein. <br />NOTE: Per the Articles of Organization for HIGHLAND PROPERTIES 9701 LLC, a Colorado <br />limited liability company, the manager(s) authorized to sign is/are LAWRENCE M. JENSEN, <br />DEHRA S. EDWARDS AND CAROL CROFT-KAUFMAN. <br />2, A copy of the Operating Agreement for HSGHLt@ID PROPERTIES 4701 LLC, a Colorado limited <br />liability company, must be presented to Weld County Title Company for examination and <br />retention in its files. ZE no such document exists, the Company will require a <br />statement to that effect. <br />3. Certificate of InCOrpdration of IMAGO ENTERPRISES, INC., A COLORADO CORPORATION, a <br />Colorado corporation, must be filed in the office of the Colorado Secretary of State. <br />4. Resolution of tht governing board of ZMAQO &N'TERPRISSS, INC., a COLORADO corporation, <br />authorising the within coatemplate8 transaction; said Resolution must contain an <br />nckrtowledged certification by an offiCeY of said corporation with the corporate seal <br />.affixed. <br />5. Warranty Deed from IMAdO ENTERPRISES, INC., A COLORADO CORPORATION to HILLTOP AQUATIC <br />INVE3TMENT6, LLC, A COLORADO LIMITED LIABILITY COMPANY conveying the land described <br />herein. <br />NOTE: Pez the Articles of Organization andlor the Operating Agreement for HILLTOP <br />AQUATIC INVESTMENTS, LLC, a~ Colorado Limited Liability Company, the manager(s) <br />authorized to sign i¢/are MARTIN LIND. <br />COI3TINVED NEXT GAGE <br />2 <br />