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SCHEDULE B - Section 1 <br />REQUIREMENTS <br />Order Number: <br />The following are the requirements to be complied with: <br />Item (a) Payment to or for the account of the grantors or mortgagors of the full <br />consideration for the estate or interest to be insured. <br />Item (b) Proper instrument(s) creating the estate or interest to be insured must be executed <br />and duly filed for record, to wit: <br />1. THE REQUIREMENTS FOR THIS COMMITMENT SHALL BE DETERMINED AT A <br />LATER DATE <br />NOTE: <br />"The COMPANY reserves the right to make any additional REQUIREMENTS AND/OR <br />EXCEPTIONS to this commitment and any subsequent ENDORSEMENTS thereto, once the <br />NAME(S) of the INSURED(S) and the AMOUNT(S) of LIABILITY have been <br />DISCLOSED" <br />Stewart Title Guaranty Company for Fort Collins Division <br />Commitment - Schedule B I <br />Page I of I