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Colorado by an instrument recorded February 19, 1976 in Book 1686 at Page 275 upon the terms <br />and conditions therein set forth. <br />13. Terms, conditions, provisions, and stipulations as contained in Notice of Agreement recorded April <br />28, 1994 at Reception No. 94036466. <br />14. An easement for right-of--way and incidental purposes as granted to Poudre Valley Rural Electric <br />Association by an instrument recorded March 23, 1999 at Reception No. 99024544 upon the terms <br />and conditions therein set forth. <br />15. A Deed of Tnist dated February 27, 2006, executed by Serfer Land Ventures, LLC, a Colorado <br />limited liability company to the Public Trustee of LARIMER County, to secure an indebtedness of <br />$240,000.00 in favor of Canon National Bank, recorded March 3, 2006 at Reception No. <br />20060015551. <br />Order No.: 20072430 Stewart <br />ALTA Commitment (6/17/06) - Schedule B 2 title guaranty company <br />Page 2 of 2 <br />