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EXHIBIT B <br />PERMITTED EXCEPTIONS <br />1. Taxes for the year 2013, a lien not yet due and payable. <br />2. Existing streets, highways or roadways and rights of way or easements therefore whether or <br />not shown by the Public Records. <br />3. Grant of all minerals in the instrument between A.E. Bent and State of Colorado recorded <br />April 2, 1919 at Book 103, Page 356, together with the appurtenant rights to use the surface. <br />The Company makes no representation as to present ownership of this interest. <br />4. Right of way for electric transmission as shown in deed between Sigmon and Lydia Brausall <br />and Southeast Colorado Power Association filed May 22, 1951 at Book 354, Page 587. <br />5. Right of way easement in NE' /4S W' /4 29 -22 -46 for transmission in deed between Lamar <br />Valco and Southeast Colorado Power Association filed September 17, 1974 at Book 530, <br />Page 340. <br />6. Flood Damage Prevention Resolution for purpose of enforcement or application of County <br />Flood Plain Regulations by the Board of Prowers County Commissioners, recorded June 27, <br />1986, at Reception No. 432500. <br />7. Right of way easement in NEl /4SE' /4 30 -22 -46 for transmission in deed between Sigmon & <br />Lydia Brausall and Electric Department of City of Lamar filed June 26, 1946 at Book 297, <br />Page 508. <br />8. Right of way easement in NE' /4SE' /4 30 -22 -46 for transmission in deed between Valley <br />Concrete Co and Utilities Board of City of Lamar filed February 18, 1964 at Book 448, Page <br />92. <br />9. Right of way easement for power lines as shown in deed between Lamar Valley Concrete Co <br />and Utilities Board of City of Lamar filed July 20, 1970 at Book 495, Page 475. <br />B -1 <br />BUS RE/4667559.1 <br />