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HomeMy WebLinkAboutLLA22-0015 04. PTRPage 1 of 16 PRELIMINARY REPORT To:Title Officer: TIMIOS OROVILLE 3044 OLIVE HWY OROVILLE, CA 95966 TITLE OFFICER: RON CAMPBELL TIMIOS TITLE 3044 OLIVE HWY OROVILLE, CA 95966 ESCROW OFFICER: TAMARA MILLER PHONE: (530) 230-0969 ESCROW NO: 71-00232629 Property Address:Title No: 029-050-011 AND 029-060-015 71-00232628 BIGGS, CA, 95917 In response to the above referenced application for a policy of title insurance, this company hereby reports that it is prepared to issue, or cause to be issued, as of the date hereof, a policy or policies of title insurance describing the land and the estate or interest therein hereinafter set forth, insuring against loss which may be sustained by reason of any defect, lien or encumbrance not shown or referred to as an exception below or not excluded from coverage pursuant to the printed Schedules, Conditions and Stipulations of said Policy Forms. The printed Exceptions and Exclusions from the coverage and Limitations on Covered Risks of said policy or policies are set forth in Exhibit A attached. The policy to be issued may contain an arbitration clause. When the Amount of Insurance is less than that set forth in the arbitration clause, all arbitrable matters shall be arbitrated at the option of either the Company or the Insured as the exclusive remedy of the parties. Limitations on Covered Risks applicable to the CLTA and ALTA Homeowner's Policies of Title Insurance which establish a Deductible Amount and a Maximum Dollar Limit of Liability for certain coverages are also set forth in Exhibit A. Copies of the policy forms should be read. They are available from the office which issued this report. Please read the exceptions shown or referred to below and the exceptions and exclusions set forth in Exhibit A of this report carefully. The exceptions and exclusions are meant to provide you with notice of matters which are not covered under the terms of the title insurance policy and should be carefully considered. It is important to note that this preliminary report is not a written representation as to the condition of title and may not list all liens, defects, and encumbrances affecting title to the land. This report (and any supplements or amendments hereto) is issued solely for the purpose of facilitating the issuance of a policy of title insurance and no liability is assumed hereby. If it is desired that liability be assumed prior to the issuance of a policy of title insurance, a binder or commitment should be requested. The form of Policy of title insurance contemplated by the report is: PRELIMINARY REPORT Issued by: FIRST AMERICAN TITLE INSURANCE COMPANY Dated as of:Aug 04, 2022 at 8:00 a.m. The Estate or Interest in the land hereinafter described or referred to covered by this report is: Fee Simple as to Parcels I-A and II-A, an Easement as to Parcels I-B, I-C, I-D, ,and II-B, II-C, II-D Title to said estate of interest at the date hereof is vested in: MEYER FAMILY FARMS, INC. A CALIFORNIA CORPORATION AS TO PARCEL I AND CHAMBERS, DAVIS AND MEYER, INC. A CALIFORNIA CORPORATION AS TO PARCEL II Page 2 of 16 At the date hereof exceptions to coverage in addition to the printed exceptions and exclusions contained in said policy form would be as follows: THE FOLLOWING EXCEPTIONS AFFECT PARCEL I: 1.PROPERTY TAXES, INCLUDING ANY ASSESSMENTS COLLECTED WITH TAXES, TO BE LEVIED FOR THE FISCAL YEAR 2022-2023 THAT ARE A LIEN NOT YET DUE. 2.REAL PROPERTY TAX STATUS INFORMATION IS UNAVAILABLE AT THIS TIME AS THE COUNTY ROLLS TO THE NEW FISCAL TAX YEAR. ESCROW SHOULD REQUEST A TAX UPDATE PRIOR TO CLOSE. 3.THE LIEN OF SUPPLEMENTAL OR ESCAPED ASSESSMENTS OF PROPERTY TAXES, IF ANY, MADE PURSUANT TO THE PROVISIONS OF PART 0.5, CHAPTER 3.5 OR PART 2, CHAPTER 3, ARTICLES 3 AND 4 RESPECTIVELY (COMMENCING WITH SECTION 75) OF THE REVENUE AND TAXATION CODE OF THE STATE OF CALIFORNIA AS A RESULT OF THE TRANSFER OF TITLE TO THE VESTEE NAMED IN SCHEDULE A; OR AS A RESULT OF CHANGES IN OWNERSHIP OR NEW CONSTRUCTION OCCURRING PRIOR TO THE DATE OF THE POLICY. 4.THE HEREIN DESCRIBED PROPERTY LIES WITHIN THE BOUNDS OF SACRAMENTO AND SAN JOAQUIN DRAINAGE DISTRICT. 5. THE HEREIN DESCRIBED PROPERTY LIES WITHIN THE BOUNDS OF BUTTE CREEK DRAINAGE DISTRICT. 6.THE HEREIN DESCRIBED PROPERTY LIES WITHIN THE BOUNDS OF RICHVALE IRRIGATION DISTRICT. 7.THE HEREIN DESCRIBED PROPERTY LIES WITHIN THE BOUNDS OF RICHVALE PARK, RECREATION AND PARKWAY DISTRICT. 8. RIGHTS OF THE PUBLIC OVER ANY PORTION OF THE HEREIN DESCRIBED PROPERTY LYING WITHIN THE BOUNDS OF ANY PUBLIC ROAD OR HIGHWAY. 9.A PERPETUAL RIGHT OF WAY AFFECTING THE PORTION OF SAID LAND AND FOR THE PURPOSE STATED HEREIN, AND INCIDENTAL PURPOSES FOR: AN IRRIGATION DITCH RECORDED: JANUARY 8, 1920, IN BOOK 183 OF DEEDS, PAGE 114, BUTTE COUNTY RECORDS, AND OTHER DOCUMENTS OF RECORD. THE EXACT ROUTE OR LOCATION OF SAID EASEMENT IS NOT DEFINED OF RECORD AND MAY OR MAY NOT AFFECT THE HEREIN DESCRIBED PROPERTY. 10. A RIGHT OF WAY AFFECTING THE PORTION OF SAID LAND AND FOR THE PURPOSE STATED HEREIN, AND INCIDENTAL PURPOSES FOR: IRRIGATION DITCH RECORDED: DECEMBER 24, 1924, IN BOOK 209 OF DEEDS, PAGE 163, BUTTE COUNTY RECORDS. THE EXACT ROUTE OR LOCATION OF SAID EASEMENT IS NOT DEFINED OF RECORD AND MAY OR MAY NOT AFFECT THE HEREIN DESCRIBED PROPERTY. 11.A RIGHT OF WAY AFFECTING THE PORTION OF SAID LAND AND FOR THE PURPOSE STATED HEREIN, AND INCIDENTAL PURPOSES FOR: DRAINAGE DITCH RECORDED: DECEMBER 24, 1924, IN BOOK 209 OF DEEDS, PAGE 163, BUTTE COUNTY RECORDS. THE EXACT ROUTE OR LOCATION OF SAID EASEMENT IS NOT DEFINED OF RECORD AND MAY OR MAY NOT AFFECT THE HEREIN DESCRIBED PROPERTY. 12. A PERPETUAL EASEMENT AND RIGHT OF WAY AFFECTING THE PORTION OF SAID LAND AND FOR THE PURPOSE STATED HEREIN, AND INCIDENTAL PURPOSES FOR: AN EXISTING DITCH RECORDED: FEBRUARY 16, 1988, UNDER BUTTE COUNTY RECORDER'S SERIAL NO. 88-5065. Page 3 of 16 13. AN EASEMENT AFFECTING THE PORTION OF SAID LAND AND FOR THE PURPOSE STATED HEREIN, AND INCIDENTAL PURPOSES FOR: ACCESS PURPOSES RECORDED: FEBRUARY 16, 1988, UNDER BUTTE COUNTY RECORDER'S SERIAL NO. 88-5065. AFFECTS: THE SOUTH 10 FEET 14. AN EASEMENT AFFECTING THE PORTION OF SAID LAND AND FOR THE PURPOSE STATED HEREIN, AND INCIDENTAL PURPOSES AS RESERVED FOR: ACCESS PURPOSES RECORDED: FEBRUARY 16, 1988, UNDER BUTTE COUNTY RECORDER'S SERIAL NO. 88-5066. AFFECTS: THE WEST 10 FEET 15.TERMS, PROVISIONS, COVENANTS, RESTRICTIONS AND CONDITIONS CONTAINED IN A DOCUMENT EXECUTED PURSUANT TO THE CALIFORNIA LAND CONSERVATION ACT OF 1965 (WILLIAMSON ACT) AND RECORDED FEBRUARY 22, 1989 AS INSTRUMENT NO. 89-5685 OF OFFICIAL RECORDS. AFFECTS THIS AND OTHER PROPERTY. 16.ANY RIGHTS, INTERESTS, OR CLAIMS OF PARTIES IN POSSESSION OF THE LAND NOT SHOWN BY THE PUBLIC RECORDS. 17.WATER RIGHTS, CLAIMS OR TITLE TO WATER, WHETHER OR NOT THE MATTERS ARE SHOWN BY THE PUBLIC RECORDS. 18.ANY CLAIM THAT THE TITLE IS SUBJECT TO A TRUST OR LIEN CREATED UNDER THE PERISHABLEAGRICULTURAL COMMODITIES ACT (7 U.S.C. 499A, ETSEQ), THE PACKERS AND STOCKYARDS ACT (7 U.S.C. 181, ETSEQ) OR UNDER SIMILAR FEDERAL OR STATE LAWS. 19.PRIOR TO THE ISSUANCE OF ANY POLICY OF TITLE INSURANCE, THE COMPANY WILL REQUIRE: WITH RESPECT TO MEYER FAMILY FARMS, INC., A CORPORATION: A. A CERTIFICATE OF GOOD STANDING OF RECENT DATE ISSUED BY THE SECRETARY OF STATE OF THE CORPORATION’S STATE OF DOMICILE. B. A CERTIFIED COPY OF A RESOLUTION OF THE BOARD OF DIRECTORS AUTHORIZING THE CONTEMPLATED TRANSACTION AND DESIGNATING WHICH CORPORATE OFFICERS SHALL HAVE THE POWER TO EXECUTE ON BEHALF OF THE CORPORATION. C. OTHER REQUIREMENTS WHICH THE COMPANY MAY IMPOSE FOLLOWING ITS REVIEW OF THE MATERIAL REQUIRED HEREIN AND OTHER INFORMATION WHICH THE COMPANY MAY REQUIRE. THE FOLLOWING EXCEPTIONS AFFECT PARCEL II: 20.PROPERTY TAXES, INCLUDING ANY ASSESSMENTS COLLECTED WITH TAXES, TO BE LEVIED FOR THE FISCAL YEAR 2022-2023 THAT ARE A LIEN NOT YET DUE. 21.REAL PROPERTY TAX STATUS INFORMATION IS UNAVAILABLE AT THIS TIME AS THE COUNTY ROLLS TO THE NEW FISCAL TAX YEAR. ESCROW SHOULD REQUEST A TAX UPDATE PRIOR TO CLOSE. 22.THE LIEN OF SUPPLEMENTAL OR ESCAPED ASSESSMENTS OF PROPERTY TAXES, IF ANY, MADE PURSUANT TO THE PROVISIONS OF PART 0.5, CHAPTER 3.5 OR PART 2, CHAPTER 3, ARTICLES 3 AND 4 RESPECTIVELY (COMMENCING WITH SECTION 75) OF THE REVENUE AND TAXATION CODE OF THE STATE OF CALIFORNIA AS A RESULT OF THE TRANSFER OF TITLE TO THE VESTEE NAMED IN SCHEDULE A; OR AS A RESULT OF CHANGES IN OWNERSHIP OR NEW CONSTRUCTION OCCURRING PRIOR TO THE DATE OF THE POLICY. 23.THE HEREIN DESCRIBED PROPERTY LIES WITHIN THE BOUNDS OF SACRAMENTO AND SAN JOAQUIN DRAINAGE DISTRICT. 24. THE HEREIN DESCRIBED PROPERTY LIES WITHIN THE BOUNDS OF BUTTE CREEK DRAINAGE DISTRICT. 25.THE HEREIN DESCRIBED PROPERTY LIES WITHIN THE BOUNDS OF RICHVALE IRRIGATION DISTRICT. Page 4 of 16 26.THE HEREIN DESCRIBED PROPERTY LIES WITHIN THE BOUNDS OF RICHVALE PARK, RECREATION AND PARKWAY DISTRICT. 27. RIGHTS OF THE PUBLIC OVER ANY PORTION OF THE HEREIN DESCRIBED PROPERTY LYING WITHIN THE BOUNDS OF ANY PUBLIC ROAD OR HIGHWAY. 28.A PERPETUAL RIGHT OF WAY AFFECTING THE PORTION OF SAID LAND AND FOR THE PURPOSE STATED HEREIN, AND INCIDENTAL PURPOSES FOR: AN IRRIGATION DITCH RECORDED: JANUARY 8, 1920, IN BOOK 183 OF DEEDS, PAGE 114, BUTTE COUNTY RECORDS, AND OTHER DOCUMENTS OF RECORD. THE EXACT ROUTE OR LOCATION OF SAID EASEMENT IS NOT DEFINED OF RECORD AND MAY OR MAY NOT AFFECT THE HEREIN DESCRIBED PROPERTY. 29. A RIGHT OF WAY AFFECTING THE PORTION OF SAID LAND AND FOR THE PURPOSE STATED HEREIN, AND INCIDENTAL PURPOSES FOR: IRRIGATION DITCH RECORDED: DECEMBER 24, 1924, IN BOOK 209 OF DEEDS, PAGE 163, BUTTE COUNTY RECORDS. THE EXACT ROUTE OR LOCATION OF SAID EASEMENT IS NOT DEFINED OF RECORD AND MAY OR MAY NOT AFFECT THE HEREIN DESCRIBED PROPERTY. 30.A RIGHT OF WAY AFFECTING THE PORTION OF SAID LAND AND FOR THE PURPOSE STATED HEREIN, AND INCIDENTAL PURPOSES FOR: DRAINAGE DITCH RECORDED: DECEMBER 24, 1924, IN BOOK 209 OF DEEDS, PAGE 163, BUTTE COUNTY RECORDS. THE EXACT ROUTE OR LOCATION OF SAID EASEMENT IS NOT DEFINED OF RECORD AND MAY OR MAY NOT AFFECT THE HEREIN DESCRIBED PROPERTY. 31.AN EASEMENT FOR ACCESS PURPOSES, AS RESERVED IN THE DEED RECORDED FEBRUARY 16, 1988, UNDER BUTTE COUNTY RECORDER'S SERIAL NO. 88-5068. AFFECTS THE SOUTH 10 FEET. 32.AN EASEMENT FOR ACCESS PURPOSES, AS RESERVED IN THE DEED RECORDED FEBRUARY 16, 1988, UNDER BUTTE COUNTY RECORDER'S SERIAL NO. 88-5068. AFFECTSTHE EASTERLY 10 FEET. 33.A PERPETUAL EASEMENT AND RIGHT OF WAY TO MAINTAIN AND OPERATE AN EXISTING IRRIGATION DITCH, AS RESERVED IN THE DEED RECORDED FEBRUARY 16, 1988, UNDER BUTTE COUNTY RECORDER'S SERIAL NO. 88-5068. AFFECTS A STRIP OF LAND TRAVERSING THE HEREIN DESCRIBED PROPERTY. 34.A DEED OF TRUST TO SECURE AN INDEBTEDNESS IN THE ORIGINAL PRINCIPAL SUM OF $130,000.00, AND ANY OTHER AMOUNTS AND/OR OBLIGATIONS SECURED THEREBY DATED: JANUARY 14, 1988 TRUSTOR: MAXWELL RANCH, INC., A CALIFORNIA CORPORATION TRUSTEE: MID VALLEY TITLE AND ESCROW COMPANY, A CORPORATION BENEFICIARY: AUGUST LEMBURG AND VIRGINIA LEMBURG, HIS WIFE, AS JOINT TENANTS RECORDED: FEBRUARY 16, 1988, UNDER BUTTE COUNTY RECORDER'S SERIAL NO. 88-5069. Page 5 of 16 NOTES: IF THIS DEED OF TRUST OR MORTGAGE IS TO BE ELIMINATED IN THE POLICY OR POLICIES CONTEMPLATED BY THIS REPORT/COMMITMENT, WE WILL REQUIRE ALL OF THE FOLLOWING PRIOR TO THE RECORDATION OF ANY DOCUMENTS OR THE ISSUANCE OF ANY POLICY OF TITLE INSURANCE: I. ORIGINAL NOTE AND DEED OF TRUST OR MORTGAGE. II. PAYOFF DEMAND STATEMENT SIGNED BY ALL PRESENT BENEFICIARIES OF THE DEED OF TRUST OR MORTGAGE. III. REQUEST FOR RECONVEYANCE OR RELEASE SIGNED BY ALL PRESENT BENEFICIARIES OF THE DEED OF TRUST OR MORTGAGE. 35.TERMS, PROVISIONS, COVENANTS, RESTRICTIONS AND CONDITIONS CONTAINED IN A DOCUMENT EXECUTED PURSUANT TO THE CALIFORNIA LAND CONSERVATION ACT OF 1965 (WILLIAMSON ACT) AND RECORDED FEBRUARY 22, 1989 AS INSTRUMENT NO. 89-5685 OF OFFICIAL RECORDS. AFFECTS THIS AND OTHER PROPERTY. 36.A DEED OF TRUST TO SECURE AN INDEBTEDNESS IN THE ORIGINAL AMOUNT SHOWN BELOW. AMOUNT: $8,200,000.00 DATED:JUNE 30, 2020 TRUSTOR: CHAMBERS, DAVIS AND MEYER, INC. A CALIFORNIA CORPORATIONAND WALTER K. MEYER, A MARRIED MAN AS HIS SOLE AND SEPARATE PROPERTY TRUSTEE:LEON A. MORENO BENEFICIARY:BRIGHTHOUSE LIFE INSURANCE COMPANY RECORDED:JULY 2, 2020 AS INSTRUMENT NO.2020-0026181 OF OFFICIAL RECORDS. AFFECTS THIS AND OTHER PROPERTY. 37.ANY RIGHTS, INTERESTS, OR CLAIMS OF PARTIES IN POSSESSION OF THE LAND NOT SHOWN BY THE PUBLIC RECORDS. 38.WATER RIGHTS, CLAIMS OR TITLE TO WATER, WHETHER OR NOT THE MATTERS ARE SHOWN BY THE PUBLIC RECORDS. 39.ANY CLAIM THAT THE TITLE IS SUBJECT TO A TRUST OR LIEN CREATED UNDER THE PERISHABLEAGRICULTURAL COMMODITIES ACT (7 U.S.C. 499A, ETSEQ), THE PACKERS AND STOCKYARDS ACT (7 U.S.C. 181, ETSEQ) OR UNDER SIMILAR FEDERAL OR STATE LAWS. 40.PRIOR TO THE ISSUANCE OF ANY POLICY OF TITLE INSURANCE, THE COMPANY WILL REQUIRE: WITH RESPECT TO CHAMBERS, DAVIS MEYER, INC.., A CORPORATION: A. A CERTIFICATE OF GOOD STANDING OF RECENT DATE ISSUED BY THE SECRETARY OF STATE OF THE CORPORATION’S STATE OF DOMICILE. B. A CERTIFIED COPY OF A RESOLUTION OF THE BOARD OF DIRECTORS AUTHORIZING THE CONTEMPLATED TRANSACTION AND DESIGNATING WHICH CORPORATE OFFICERS SHALL HAVE THE POWER TO EXECUTE ON BEHALF OF THE CORPORATION. C. OTHER REQUIREMENTS WHICH THE COMPANY MAY IMPOSE FOLLOWING ITS REVIEW OF THE MATERIAL REQUIRED HEREIN AND OTHER INFORMATION WHICH THE COMPANY MAY REQUIRE. Page 6 of 16 NOTICE Section 12413.1 of the California Insurance Code, effective January 1, 1990, requires that any title insurance company, underwritten title company, or controlled escrow company handling funds in an escrow or sub-escrow capacity, wait a specified number of days after depositing funds, before recording any documents in connection with the transaction or disbursing funds. This statute allows for funds deposited by wire transfer to be disbursed the same day as deposit. In the case of cashier’s checks or certified checks, funds may be disbursed the next day after deposit. In order to avoid unnecessary delays of three to seven days, or more, please use wire transfer, cashier’s checks, or certified checks whenever possible. NOTES: A.THE INSURANCE CONTEMPLATED BY THIS TRANSACTION SHALL BE ISSUED IN FAVOR OF TBD, ITS SUCCESSORS AND/OR ITS ASSIGNS IN THE AMOUNT OF $.00 PURSUANT TO A DEED OF TRUST FROM TBD , AND AN OWNER'S POLICY IN THE AMOUNT OF $.00 PURSUANT TO A DEED EXECUTED BY WALT MEYER B.ACCORDING TO THE PUBLIC RECORDS, THERE HAS BEEN NO CONVEYANCE OF THE LAND WITHIN A PERIOD OF TWENTY-FOUR MONTHS PRIOR TO THE DATE OF THIS REPORT, EXCEPT AS FOLLOWS: NONE C.NONE OF THE ITEMS SHOWN IN THIS REPORT WILL CAUSE THE COMPANY TO DECLINE TO ATTACH CLTA ENDORSEMENT FORM 100 TO AN ALTA POLICY, WHEN ISSUED. D.AGRICULTURAL LAND KNOWN AS 029-050-011 AND 029-060-015, IN THE COUNTY OF BUTTE, STATE OF CALIFORNIA. E.THE POLICY TO BE ISSUED MAY CONTAIN AN ARBITRATION CLAUSE. WHEN THE AMOUNT OF INSURANCE IS LESS THAN THE CERTAIN DOLLAR AMOUNT SET FORTH IN ANY APPLICABLE ARBITRATION CLAUSE, ALL ARBITRABLE MATTERS SHALL BE ARBITRATED AT THE OPTION OF EITHER THE COMPANY OR THE INSURED AS THE EXCLUSIVE REMEDY OF THE PARTIES. IF YOU DESIRE TO REVIEW THE TERMS OF THE POLICY, INCLUDING ANY ARBITRATION CLAUSE THAT MAY BE INCLUDED, CONTACT THE OFFICE THAT ISSUED THIS COMMITMENT OR REPORT TO OBTAIN A SAMPLE OF THE POLICY JACKET FOR THE POLICY THAT IS TO BE ISSUED IN CONNECTION WITH YOUR TRANSACTION. F.CREATION OF THIS PARCEL IS IN ACCORDANCE WITH A WAIVER APPLICATION, APPROVED BY THE BUTTE COUNTY ADVISORY AGENCY ON FEBRUARY 1, 1988. AFFECTS PARCEL I. CREATION OF THIS PARCEL IS IN ACCORDANCE WITH A WAIVER APPLICATION, APPROVED BY THE BUTTE COUNTY ADVISORY AGENCY ON FEBRUARY 1, 1988. AFFECTS PARCEL II. Page 7 of 16 LEGAL DESCRIPTION ALL THAT CERTAIN REAL PROPERTY SITUATED IN THE UNINCORPORATED AREA OF THE COUNTY OF BUTTE, STATE OF CALIFORNIA, MORE PARTICULARLY DESCRIBED AS FOLLOWS: PARCEL I-A: A PORTION OF SECTION 26, T.19N., R.1E., M.D.B. & M., BUTTE COUNTY, CALIFORNIA, MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHEAST CORNER OF SAID SECTION 26; THENCE NORTH 00 DEG. 13' 00" EAST, ALONG THE EAST LINE OF SAID SECTION 26, A DISTANCE OF 5298.25 FEET, TO THE NORTHEAST CORNER OF SAID SECTION 26, AND THE TRUE POINT OF BEGINNING; THENCE SOUTH 00 DEG. 13' 00" WEST, ALONG THE EAST LINE OF SAID SECTION 26, A DISTANCE OF 2611.27 FEET, TO THE CENTER OF AN EXISTING 20-FOOT WIDE ACCESS ROAD; THENCE NORTH 89 DEG. 53' 55" WEST ALONG THE CENTER OF SAID ACCESS ROAD, A DISTANCE OF 3792.34 FEET, TO A POINT ON THE CENTER OF AN EXISTING 60-FOOT WIDE ACCESS ROAD, AND THE CENTER OF AN EXISTING 20-FOOT WIDE ACCESS ROAD; THENCE NORTH 2 DEG. 06' 55" EAST, ALONG THE CENTER OF SAID 20-FOOT WIDE ACCESS ROAD, A DISTANCE OF 2613.87 FEET, TO A POINT ON THE NORTH LINE OF SAID SECTION 26; THENCE SOUTH 89 DEG. 53' 00" EAST, ALONG SAID NORTH LINE, A DISTANCE OF 3705.74 FEET TO THE NORTHEAST CORNER OF SAID SECTION 26 AND THE TRUE POINT OF BEGINNING. CREATION OF THIS PARCEL IS IN ACCORDANCE WITH A WAIVER APPLICATION, APPROVED BY THE BUTTE COUNTY ADVISORY AGENCY ON FEBRUARY 1, 1988. PARCEL I-B: AN EASEMENT FOR ACCESS AND PUBLIC UTILITY PURPOSES OVER A STRIP OF LAND 60.00 FEET IN WIDTH, DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHEAST CORNER OF SECTION 26, TOWNSHIP 19 NORTH, RANGE 1 EAST, M.D.B. & M.; THENCE NORTH 89 DEG. 54' 00" WEST, ALONG THE SOUTH LINE OF SAID SECTION 26, A DISTANCE OF 4013.56 FEET, TO THE CENTER OF AN EXISTING 60-FOOT WIDE ACCESS ROAD, AND THE TRUE POINT OF BEGINNING OF A 60.00 FOOT WIDE EASEMENT, BEING 30.00 FEET ON EACH SIDE OF THE FOLLOWING DESCRIBED CENTERLINE; THENCE NORTH 4 DEG. 55' 20" EAST, A DISTANCE OF 2696.61 FEET, TO THE TERMINUS POINT OF THE CENTERLINE, SAID POINT BEING THE SOUTHWEST CORNER OF PARCEL I-A, DESCRIBED HEREIN. PARCEL I-C: AN EASEMENT FOR ACCESS PURPOSES OVER A STRIP OF LAND 20.00 FEET IN WIDTH, BEING 10.00 FEET ON EACH SIDE OF THE FOLLOWING DESCRIBED CENTERLINE: BEGINNING AT THE SOUTHEAST CORNER OF PARCEL I-A, DESCRIBED HEREIN; THENCE NORTH 89 DEG. 53' 55" WEST, ALONG THE SOUTH LINE OF SAID PARCEL, A DISTANCE OF 3792.34 FEET, TO THE TERMINUS POINT Page 8 of 16 OF THE CENTERLINE, SAID POINT BEING THE SOUTHWEST CORNER OF SAID PARCEL, SAID CORNER, BEING ON THE CENTERLINE OF THE AFOREMENTIONED 60.00 FOOT WIDE ACCESS AND PUBLIC UTILITY EASEMENT. EXCEPTING THEREFROM ALL THAT PORTION LYING WITHIN THE BOUNDS OF PARCEL I-A, DESCRIBED HEREIN. PARCEL I-D: AN EASEMENT FOR ACCESS PURPOSES OVER A STRIP OF LAND 20.00 FEET IN WIDTH, BEING 10.00 FEET ON EACH SIDE OF THE FOLLOWING DESCRIBED CENTERLINE: BEGINNING AT THE SOUTHWEST CORNER OF PARCEL I-A, DESCRIBED HEREIN, SAID CORNER BEING ON THE CENTERLINE OF THE ABOVE MENTIONED 60.00 FOOT WIDE ACCESS AND PUBLIC UTILITY EASEMENT, AND 20.00 FOOT WIDE ACCESS EASEMENT; THENCE NORTH 2 DEG. 06' 55" EAST, ALONG THE WEST LINE OF SAID PARCEL, A DISTANCE OF 2613.87 FEET, TO THE TERMINUS POINT OF THE CENTERLINE, SAID POINT BEING THE NORTHWEST CORNER OF SAID PARCEL. EXCEPTING THEREFROM ALL THAT PORTION LYING WITHIN THE BOUNDS OF PARCEL I-A, DESCRIBED HEREIN. PARCEL II-A: A PORTION OF SECTION 26, T.19N., R.1E., M.D.B. & M., BUTTE COUNTY, CALIFORNIA, MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHEAST CORNER OF SAID SECTION 26; THENCE NORTH 00 DEG. 13' 00" EAST, ALONG THE EAST LINE OF SAID SECTION 26, A DISTANCE OF 5298.25 FEET, TO THE NORTHEAST CORNER OF SAID SECTION 26; THENCE NORTH 89 DEG. 53' 00" WEST, ALONG THE NORTH LINE OF SAID SECTION 26, A DISTANCE OF 3705.74 FEET, TO THE TRUE POINT OF BEGINNING; THENCE CONTINUING ALONG SAID NORTH LINE, NORTH 89 DEG. 53' 00" WEST, A DISTANCE OF 1590.34 FEET, TO THE NORTHEAST CORNER OF SAID SECTION 27; THENCE ALONG THE NORTH LINE OF SAID SECTION 27, SOUTH 89 DEG. 57' 00" WEST, A DISTANCE OF 995.70 FEET, TO THE CENTERLINE OF DRY CREEK; THENCE SOUTHERLY ALONG SAID CENTERLINE OF DRY CREEK THE FOLLOWING THREE COURSES AND DISTANCES; SOUTH 9 DEG. 14' 00" WEST, 469.42 FEET; SOUTH 4 DEG. 16' 00" WEST, 174.48 FEET; SOUTH 17 DEG. 28' 00" WEST, 239.02 FEET, THENCE LEAVING SAID CENTERLINE OF DRY CREEK AND FOLLOWING THE CENTERLINE OF THE PROPOSED CHANNEL CHANGE, SOUTH 11 DEG. 50' 00" EAST, A DISTANCE OF 736.00 FEET; THENCE SOUTH 7 DEG. 55' 00" WEST, A DISTANCE OF 676.10 FEET TO THE CENTER OF SAID DRY CREEK; THENCE LEAVING THE CENTERLINE OF SAID PROPOSED CHANNEL CHANGE AND RUNNING ALONG THE SAID CENTERLINE OF DRY CREEK THE FOLLOWING 2 COURSES AND DISTANCES; SOUTH 11 DEG. 11' 00" WEST, 355.76 FEET; SOUTH 15 DEG. 26' 00" WEST, 5.60 FEET; THENCE LEAVING SAID CENTERLINE OF DRY CREEK, SOUTH 89 DEG. 53' 55" EAST, A DISTANCE OF 2662.29 FEET, TO A POINT ON THE CENTER OF AN EXISTING 60-FOOT WIDE ACCESS ROAD, AND THE CENTER OF AN EXISTING 20-FOOT WIDE ACCESS ROAD; THENCE NORTH 2 DEG. 06' 55" EAST, ALONG THE CENTER OF SAID 20-FOOT WIDE ACCESS ROAD, A DISTANCE OF Page 9 of 16 2613.87 FEET, TO A POINT ON THE NORTH LINE OF SECTION 26, AND THE TRUE POINT OF BEGINNING. CREATION OF THIS PARCEL IS IN ACCORDANCE WITH A WAIVER APPLICATION, APPROVED BY THE BUTTE COUNTY ADVISORY AGENCY ON FEBRUARY 1, 1988. PARCEL II-B: AN EASEMENT FOR ACCESS AND PUBLIC UTILITY PURPOSES OVER A STRIP OF LAND 60.00 FEET IN WIDTH, DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHEAST CORNER OF SAID SECTION 26; THENCE NORTH 89 DEG. 54' 00" WEST, ALONG THE SOUTH LINE OF SAID SECTION 26, A DISTANCE OF 4013.56 FEET, TO THE CENTER OF AN EXISTING 60- FOOT WIDE ACCESS ROAD, AND THE TRUE POINT OF BEGINNING OF A 60.00 FOOT WIDE EASEMENT, BEING 30.00 FEET ON EACH SIDE OF THE FOLLOWING DESCRIBED CENTERLINE; THENCE NORTH 4 DEG. 55' 20" EAST, A DISTANCE OF 2696.61 FEET, TO THE TERMINUS POINT OF THE CENTERLINE, SAID POINT BEING THE SOUTHEAST CORNER OF THE ABOVE DESCRIBED PARCEL II-A. PARCEL II-C: AN EASEMENT FOR ACCESS PURPOSES OVER A STRIP OF LAND 20.00 FEET IN WIDTH, BEING 10.00 FEET ON EACH SIDE OF THE FOLLOWING DESCRIBED CENTERLINE: BEGINNING AT THE SOUTHEAST CORNER OF THE ABOVE DESCRIBED PARCEL II-A, SAID CORNER BEING ON THE CENTERLINE OF THE AFOREMENTIONED 60.00 FOOT WIDE ACCESS AND PUBLIC UTILITY EASEMENT; THENCE NORTH 89 DEG. 53' 55" WEST, ALONG THE SOUTH LINE OF SAID PARCEL, A DISTANCE OF 2662.29 FEET, TO THE TERMINUS POINT OF THE CENTERLINE, SAID POINT BEING THE SOUTHWEST CORNER OF SAID PARCEL. PARCEL III-D: AN EASEMENT FOR ACCESS PURPOSES OVER A STRIP OF LAND 20.00 FEET IN WIDTH, BEING 10.00 FEET ON EACH SIDE OF THE FOLLOWING DESCRIBED CENTERLINE: BEGINNING AT THE SOUTHEAST CORNER OF THE ABOVE DESCRIBED PARCEL II-A SAID CORNER BEING ON THE CENTERLINE OF THE AFOREMENTIONED 60.00 FOOT WIDE ACCESS AND PUBLIC UTILITY EASEMENT, AND 20.00 FOOT WIDE ACCESS EASEMENT; THENCE NORTH 2 DEG. 06' 55" EAST, ALONG THE EAST LINE OF SAID PARCEL, A DISTANCE OF 2613.87 FEET, TO THE TERMINUS POINT OF THE CENTERLINE, SAID POINT BEING THE NORTHEAST CORNER OF SAID PARCEL. APN: 029-050-011 AND 029-060-015