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Home My WebLink About1.04 Title PolicyLTG Policy No. LTHI63007490 Form AO/ORT - Land Title Guarantee Company Representing Old Republic National Title Insurance Company Our Order No. ABC63007490 Schedule A Amount $3,220,000.00 Property Address: 982 RIVER BEND WAY GLENWOOD SPRINGS CO 81601 1. Policy Date: August 30, 2013 at 5:00 P.M. 2. Name of Insured: BLUE HERON PROPERTIES, LLC, A COLORADO LIMITED LIABILITY COMPANY 3. The estate or interest in the Land described or referred to in this Schedule and which is covered by this policy is: A Fee Simple 4. Title to the estate or interest covered by this policy at the date hereof is vested in: BLUE HERON PROPERTIES, LLC, A COLORADO LIMITED LIABILITY COMPANY 5. The land referred to in this policy is described as follows: SEE ATTACHED "EXHIBIT A" FOR LEGAL DESCRIPTION This Policy valid only if Schedule B is attached. e:opyright 2006-2013 American Land Title Association. All rights reserved. AMERICAN The use of this Form is restricted to ALTA licensees and ALTA members in good standing as of the date of use. LAND TITLE ASSOCIATION All other uses are prohibited. Reprinted under license from the American Land Title Association. M EXHIBIT "A" LEGAL DESCRIPTION PARCEL A: LTG Policy No. LTH263007490 Our Order No. ABC63007490 LOTS 68, 70, 71, 72, 74, 77, 78, 80, 86, 89, 172, 247, 248, 251, 252, 253, 255, 256, 257, 258, 259, 261, 262, 263, 264, 265, 266, 267, 269, 270, 272, 273, 275, 276, 277, 278, 279, 280, 281, 282, 283, 284, 285, 287, 289, 291, 292, 293, 294, 295, IRONBRIDGE PLANNED UNIT DEVELOPMENT PHASE II, FILINGS 1, 2 AND 3 ACCORDING TO THE PLAT RECORDED JULY 19, 2006, UNDER RECEPTION NO. 702420. COUNTY OF GARFIELD STATE OF COLORADO PARCEL B: GOLF COURSE PARCELS 1,2,5 AND 7 AMENDED AND RESTATED FINAL PLAT OF IRONBRIDGE PLANNED UNIT DEVELOPMENT PHASE I, ACCORDING TO THE PLAT RECORDED JULY 16, 2004 UNDER RECEPTION NO. 654210 GOLF COURSE PARCELS 3,4 AND 6 IRONBRIDGE PLANNED UNIT DEVELOPMENT PHASE II, FILINGS 1,2 AND 3 ACCORDING TO THE PLAT RECORDED JULY 19, 2006 UNDER RECEPTION NO, 702420 COUNTY OF GARFIELD, STATE OF COLORADO PARCEL C: FUTURE DEVELOPMENT PHASE III PARCEL AS DEPICTED ON THE AMENDED AND RESTATED FINAL PLAT OF IRONBRIDGE PLANNED UNIT DEVELOPMENT PHASE I, ACCORDING TO THE PLAT RECORDED JULY 16, 2004 UNDER RECEPTION NO. 654210 COUNTY OF GARFIELD STATE OF COLORADO LTG Policy No. LTHI63007490 Form AO/ORT Our Order No. ABC63007490 Schedule B This policy does not insure against loss or damage by reason of the following: 1. Any facts, rights, interests, or claims thereof, not shown by the Public Records but that could be ascertained by an inspection of the Land or that may asserted by persons in possession of the Land. 2. Easements, liens or encumbrances, or claims thereof, not shown by the Public Records. 3. Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the Land and not shown by the Public Records, 4. Any lien, or right to a lien, for services, labor, or material heretofore or hereafter furnished, imposed by law and not shown by the Public Records. 5 (a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (c) water rights, claims or title to water, whether or not the matters excepted under (a), (b), or (c) are shown by the Public Records. 6. TAXES AND ASSESSMENTS FOR THE YEAR 2013 AND SUBSEQUENT YEARS. RIGHT OF PROPRIETOR OF A VEIN OR LODE TO EXTRACT AND REMOVE HIS ORE THEREFROM SHOULD THE SAME BE FOUND TO PENETRATE OR INTERSECT THE PREMISES AS RESERVED IN UNITED STATES PATENT RECORDED MAY 20, 1899, IN BOOK 12 AT PAGE 509 AND RECORDED JANUARY 15, 1896 IN BOOK 12 AT PAGE 394 AND RECORDED MARCH 24, 1896 IN BOOK 12 AT PAGE 411 AND RECORDED FEBRUARY 17, 1896 IN BOOK 12 AT PAGE 408 AND RECORDED MAY 20, 1899 IN BOOK 12 AT PAGE 508 AND RECORDED MAY 17, 1897 IN BOOK 12 AT PAGE 460 AND RECORDED MAY 20, 1899 IN BOOK 12 AT PAGE 507. RIGHT OF WAY FOR DITCHES OR CANALS CONSTRUCTED BY THE AUTHORITY OF THE UNITED STATES AS RESERVED IN UNITED STATES PATENT RECORDED MAY 20, 1899, IN BOOK 12 AT PAGE 509 AND RECORDED JANUARY 15, 1896 IN BOOK 12 AT PAGE 394 AND RECORDED MARCH 24, 1896 IN BOOK 12 AT PAGE 411 AND RECORDED FEBRUARY 17, 1896 IN BOOK 12 AT PAGE 408 AND RECORDED MAY 20, 1899 IN BOOK 12 AT PAGE 508 AND RECORDED JUNE 3, 1953 IN BOOK 269 AT PAGE 307 AND RECORDED MAY 17, 1897 IN BOOK 12 AT PAGE 460 AND RECORDED MAY 20, 1899 IN BOOK 12 AT PAGE 507 AND RECORDED NOVEMBER 29, 1913 IN BOOK 92 AT PAGE 326. RESERVATIONS AS CONTAINED IN PATENT RECORDED JUNE 3, 1953 IN BOOK 269 AT PAGE 307 AND RECORDED AUGUST 3, 1959 IN BOOK 319 AT PAGE 319 AND RECORDED JULY 1, 1969 IN BOOK 402 AT PAGE 587. 10, AN UNDIVIDED 1/2 INTEREST IN ALL OIL, GAS AND OTHER MINERAL RIGHTS, AS RESERVED IN INSTRUMENT RECORDED OCTOBER 27, 1950 IN BOOK 254 AT PAGE 556 Form AO/ORT LTG Policy No. LTHI63007490 Our Order No. ABC63007490 Schedule B AND ANY AND ALL ASSIGNMENTS THEREOF OR INTERESTS THEREIN. 11. AN UNDIVIDED 1/4 INTEREST IN ALL OIL, GAS AND OTHER MINERAL RIGHTS AS RESERVED IN INSTRUMENT RECORDED SEPTEMBER 29, 1959 IN BOOK 320 AT PAGE 400 AND ANY AND ALL ASSIGNMENTS THEREOF OR INTERESTS THEREIN. 12. ALL INTEREST IN ALL OIL GAS AND OTHER MINERAL RIGHTS, AS RESERVED IN INSTRUMENT RECORDED FEBRUARY 24, 1983 IN BOOK 620 AT PAGE 965 AND ANY AND ALL ASSIGNMENTS THEREOF OR INTERESTS THEREIN. 13. MAPS AND STATEMENTS OF THE ROBERTSON DITCH RECORDED JANUARY 2, 1884 IN BOOK 7 AT PAGE 115 AND FILED JUNE 30, 1888 AS RECEPTION NO. 7200, 14. EASEMENTS AND RIGHTS OF WAY AS GRANTED TO PUBLIC SERVICE COMPANY IN INSTRUMENT RECORDED OCTOBER 27, 1959 IN BOOK 321 AT PAGE 237. 15, EASEMENTS AND RIGHTS OF WAY AS GRANTED TO MOUNTAIN STATES TELEPHONE AND TELEGRAPH IN INSTRUMENT RECORDED APRIL 23, 1972 IN BOOK 430 AT PAGE 134 AND RECORDED IN BOOK 430 AT PAGE 135, 16. EASEMENTS AND RIGHTS OF WAY AS GRANTED TO ROCKY MOUNTAIN NATURAL GAS COMPANY IN INSTRUMENT RECORDED SEPTEMBER 16, 1991 IN BOOK 813 AT PAGE 551 AND RECORDED IN BOOK 813 AT PAGE 553. 17, TERMS, CONDITIONS AND PROVISIONS OF AGREEMENT RECORDED JANUARY 09, 1979 IN BOOK 521 AT PAGE 468. 18. EASEMENTS AND RIGHTS OF WAY AS GRANTED TO TCI CABLEVISION IN INSTRUMENT RECORDED SEPTEMBER 22, 1993 IN BOOK 876 AT PAGE 251. 19. EASEMENTS AND RIGHTS OF WAY AS GRANTED TO ROCKY MOUNTAIN NATURAL GAS IN INSTRUMENT RECORDED APRIL 24, 1995 IN BOOK 938 AT PAGE 139 AND AUGUST 21, 1995 IN BOOK 950 AT PAGE 728. 20. TERMS, CONDITIONS AND PROVISIONS OF AGREEMENT RECORDED JULY 5, 1972 IN BOOK 432 AT PAGE 536.