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20708624 9/17/2007 2:45 PM June Madrid <br />3 of 3 WD 8$16.00 D$595.00 . Archuleta County <br />Exhibit B <br />Permitted Exceptions <br />To Deed dated September 17, 2007 from Koinonia, LLC <br />1. Easement granted to Universal Telephone Company of Colorado as set forth in instrument recorded April 24, <br />1995 as Reception No. 1995002457, in the office of the Clerk and Recorder, Archuleta County, Colorado, as <br />shown on that certain Survey prepared by Pinnacle Surveying Inc. as Project No. 04-047 on September 21, <br />2004. <br />2. Any loss or damage arising by reason of Forest Service Road 613 which crosses the subject property as <br />evidenced by the Bureau of Land Management Map. <br />3. (a) All right, title or claim or any character by the United States, state, local government or by the public <br />generally in and to any portion of the land lying within the current or former bed, or below the ordinary high <br />water mark, or between the cut banks of a stream navigable in fact or in law. (b) Right of riparian water rights <br />owners to the use and flow of the water. (c) The consequence of any past or fudge change in the location of the <br />bed of the Piedra River. <br />4. Right of way as set forth in instrument recorded February 2, 1943 in Book 82 Page 45, in the office of the Clerk <br />and Recorder, Archuleta County, Colorado and as shown on that certain Survey prepared by Pinnacle Surveying <br />Inc. as Project No. 04-047 on September 21, 2004. <br />5. Right of way as set forth in instrument recorded March 11, 1957 1943 in Book 95 Page 155, in the office of the <br />Clerk and Recorder, Archuleta County, Colorado, as shown on that certain Survey prepared by Pinnacle <br />Surveying Inc. as Project No. 04-047 on September 21, 2004. <br />6. Pipeline easement as set forth in instrument recorded June 23, 1961 in Book 103 Page 179, in the office of the <br />Clerk and Recorder, Archuleta County, Colorado and as shown on that certain Survey prepared by Pinnacle <br />Surveying Inc. as Project No. 04-047 on September 21, 2004. <br />7. Pipeline easement as set forth in instrument recorded August 3, 1961 in Book 103 Page 185, in the office of the <br />Clerk and Recorder, Archuleta County, Colorado, and as shown on that certain Survey Prepared by Pinnaccle <br />Surveying Inc. as Project No. 04-047 on September 21, 2004: <br />8. Unimproved roadway as indicated on 2003 Bureau of Land Management Map entitled Surface Management <br />Status, Mineral Management Status, Durango, Colorado. <br />9. Inclusion of the property within any special tax district; and, the benefit and burdens of any declaration and <br />party wall agreements, if any