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ALTA LOAN POLICY <br /> ORDER NO. :. 155.72-G <br /> SCHEDULE B <br /> PART I <br /> Policy No.: M-9942-37904 <br /> This policy does not insure against loss or damage(and the Company will not pay costs,attorneys'fees or expenses) <br /> which arise by reason of: <br /> 1. Rights or claims of parties In possession not shown by the public records. <br /> 2. Easements, or claims of easements, not shown by the public records. <br /> 3 Discrepancies, conflicts in boundary Imes, shortage In area, encroachments, and any facts which a correct <br /> survey and inspection of the premises would disclose and which are not shown by the public records <br /> 4. Any lien,or right to a lien,for services,labor,or material heretofore or hereafter furnished, Imposed by law and <br /> not shown by the public records. <br /> 5. Any and all unpaid taxes and assessments and any unredeemed <br /> tax sales. <br /> 6. Right of way for ditches or canals constructed by the authority <br /> of the United States, as reserved in United States Patent <br /> recorded June 1, 1899 in Book 12 at Page 510 as Reception No. <br /> 21778. <br /> 7. Right of way for ditches or canals constructed by the authority <br /> of the United States , as reserved in United States Patent <br /> recorded June 1, 1899 in Book 12 at Page 511 as Reception No. <br /> 21779. <br /> 8. Right of way for ditches or canals constructed by the authority <br /> of the United States, as reserved in United States Patent <br /> recorded June 28, 1943 in Book 201 at Page 593 as Reception No. <br /> 149487. <br /> 9. All the coal and other minerals in the land so enterd and <br /> patented together with the right to prospect for, mine and <br /> remove the same pursuant to the provisions and limitations of <br /> the Act of December 29, 1916, ( 39 Stat. 862) , as recorded by <br /> the United States in the Patent recorded June 28, 1943 in Book <br /> 201 at Page 593 as Reception No. 149487. <br /> 10. Easements, rights of way and conditions as contained in the <br /> Deed from Robert 0. Sewell to Mid-Continent Coal and Coke <br /> Company, re- corded June 23, 1954 in Book 277 at Page 175 as <br /> Reception No. 186245. <br /> 11. Access Easement as granted to Colorado Ute Electric Company by <br /> Document recorded June 23 , 1980 in Book 550 at Page 454 as <br /> Reception No. 304903. <br /> 12. Right of way Easement as granted to Holy Cross Electric <br /> Association Inc. , recorded May 10, 1984 in Book 649 at page 520 <br /> as Reception No. 352194. <br /> See Continuation Page <br /> Exceptions Numbered are hereby omitted. <br /> 1623(Rev 6/87) Page 3 S T E WA R T T I T L E <br /> (10M 7-87) GUARANTY COMPANY <br />