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HomeMy WebLinkAbout4.TPM22-0015_PRELIMINARY_TITLE_REPORT Mid Valley Title & Escrow Company Mid Valley Title & Escrow Company 601 Main Street Chico, CA 95928 October 11, 2022 Herb Votaw Rolls, Anderson & Rolls 115 Yellowstone Drive Chico, CA 95973 Phone: (530)895-1422 Fax: (530)895-1409 Title Officer: Vicki Petrucha Phone: (530)893-5644 Order Number: 0401-6481359 (VP) Escrow Number: 0401-6481359 Property: 041-030-153 & 154 (PARCEL I), 041-320-025 (PARCEL II) Butte County, CA Attached please find the following item(s): Parcel Map Guarantee Thank You for your confidence and support. We at Mid Valley Title & Escrow Company maintain the fundamental principle: Customer First! Form No. 23 Order Number: 0401-6481359 CLTA Parcel Map Guarantee (1-13-78) Page Number: 1 Mid Valley Title & Escrow Company PARCEL MAP GUARANTEE Parcel Map Ref: Order No: 0401-6481359 (AMEND 10/11/2022) Fee: 500.00 SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE LIMITS OF LIABILITY AND OTHER PROVISIONS OF THE CONDITIONS AND STIPULATIONS HERETO ANNEXED AND MADE A PART OF THIS GUARANTEE, First American Title Insurance Company a Nebraska corporation, herein called the Company, GUARANTEES Rolls, Anderson & Rolls The County of Butte and any city within which the land is located, herein called the Assured, against loss not exceeding $1,000.00 which the Assured shall sustain by reason of any incorrectness in the assurance which the Company hereby gives that, according to the public records, on the date stated below: 1. The title to the herein described estate or interest was vested in the vestee named, subject to the matters shown as Exceptions herein, which Exceptions are not necessarily shown in the order of their priority; and 2. Had said Parcel Map been recorded in the office of the County Recorder of said county, such map would be sufficient for use as a primary reference in legal descriptions of the parcels within its boundaries. Dated: September 29, 2022, at 11:40 A.M. First American Title Insurance Company Form No. 23 Order Number: 0401-6481359 CLTA Parcel Map Guarantee (1-13-78) Page Number: 2 Mid Valley Title & Escrow Company The estate or interest in the land hereinafter described or referred to covered by this Guarantee is: A Fee for Parcel(s) I and II-A, Easement for Parcel(s) II-B and II-C Title to said estate or interest at the date hereof is vested in: Anderson Land & Investment Company, LP, a California Limited Partnership, as to Parcel I; D & J Development Enterprises, LLC, a California limited liability company, as to Parcel II The land included within the boundaries of the Parcel Map hereinbefore referred to in this Guarantee in the Unincorporated area, County of Butte, State of California, is described as follows: PARCEL I: THOSE PORTIONS OF THE NORTHEAST QUARTER OF SECTION 19, THE NORTHWEST QUARTER AND SOUTHWEST QUARTER OF SECTION 20, TOWNSHIP 21 NORTH, RANGE 4 EAST, MOUNT DIABLO MERIDIAN, STATE OF CALIFORNIA, COUNTY OF BUTTE, MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHWEST CORNER OF SAID NORTHWEST QUARTER OF SECTION 20; THENCE NORTH 89°27'55" EAST, ALONG THE NORTH LINE OF SAID NORTHWEST QUARTER OF SECTION 20, A DISTANCE OF 2,579.34 FEET TO THE NORTHEAST CORNER OF SAID NORTHWEST QUARTER OF SECTION 20; THENCE SOUTH 00°20'56" WEST, ALONG THE EAST LINE OF SAID NORTHWEST QUARTER OF SECTION 20 AND CONTINUING ALONG THE EAST LINE OF THE SOUTHWEST QUARTER OF SECTION 20, A DISTANCE OF 4,308.83 FEET TO A POINT; THENCE LEAVING SAID EAST LINE OF THE SOUTHWEST QUARTER OF SECTION 20, SOUTH 72°46'00" WEST, A DISTANCE OF 80.38 FEET TO A POINT ON THE NORTHEASTERLY RIGHT-OF-WAY LINE OF THE WESTERN PACIFIC RAILROAD; THENCE NORTH 17°14'00" WEST, ALONG SAID NORTHEASTERLY RIGHT-OF-WAY LINE OF THE WESTERN PACIFIC RAILROAD, A DISTANCE OF 400.00 FEET TO A POINT; THENCE NORTH 72°46'00" EAST, CONTINUING ALONG SAID NORTHEASTERLY RIGHT-OF-WAY LINE OF THE WESTERN PACIFIC RAILROAD, A DISTANCE OF 75.00 FEET TO A POINT; THENCE NORTH 17°14'00" WEST, CONTINUING ALONG SAID NORTHEASTERLY RIGHT-OF-WAY LINE OF THE WESTERN PACIFIC RAILROAD, A DISTANCE OF 423.54 FEET TO A POINT; THENCE SOUTH 72°04'32" WEST, CONTINUING ALONG SAID NORTHEASTERLY RIGHT-OF-WAY LINE OF THE WESTERN PACIFIC RAILROAD, A DISTANCE OF 25.05 FEET TO THE BEGINNING OF A CURVE TO THE LEFT WITH A LOCAL TANGENT BEARING OF NORTH 17°46'00" WEST; THENCE CONTINUING ALONG SAID NORTHEASTERLY RIGHT-OF-WAY LINE OF THE WESTERN PACIFIC RAILROAD, NORTHWESTERLY ALONG SAID CURVE TO THE LEFT OF RADIUS 1,430.19 FEET AND CENTRAL ANGLE OF 15°37'17”, A DISTANCE OF 389.93 FEET TO A POINT; THENCE SOUTH 57°08'43" WEST, CONTINUING ALONG SAID NORTHEASTERLY RIGHT-OF-WAY LINE OF THE WESTERN PACIFIC RAILROAD, A DISTANCE OF 50.00 FEET TO A POINT ON THE NORTHERLY RIGHT- OF-WAY LINE OF THE WESTERN PACIFIC RAILROAD, SAID POINT BEING SITUATED ON A CURVE TO THE LEFT WITH A LOCAL TANGENT BEARING OF NORTH 32°51'17" WEST; THENCE ALONG SAID NORTHERLY RIGHT-OF-WAY LINE OF THE WESTERN PACIFIC RAILROAD, NORTHWESTERLY, WESTERLY AND SOUTHWESTERLY ALONG SAID CURVE TO THE LEFT OF RADIUS 1,380.19 FEET AND CENTRAL ANGLE OF 101°11'57", A DISTANCE OF 2,437.77 FEET TO A POINT ON THE WEST LINE OF THE SOUTHWEST QUARTER OF SECTION 20; THENCE NORTH 01°07’17” EAST, ALONG SAID WEST LINE OF THE SOUTHWEST QUARTER OF SECTION 20 AND ITS NORTHERLY PROJECTION, A DISTANCE OF 853.46 FEET TO A POINT; THENCE NORTH 90°00'00" WEST, A DISTANCE OF 1,963.08 FEET TO A POINT; THENCE SOUTH 12°09’07" WEST, A DISTANCE OF 428.19 FEET TO A POINT; THENCE SOUTH 50°20'39" WEST, A DISTANCE OF 94.97 FEET TO A POINT ON THE EASTERLY RIGHT-OF-WAY LINE OF PENTZ ROAD; THENCE NORTH 12°40'00" WEST, ALONG SAID EASTERLY RIGHT-OF-WAY LINE OF PENTZ ROAD, A DISTANCE OF 423.79 FEET TO A POINT; THENCE NORTH 77°20'00" EAST, CONTINUING ALONG SAID EASTERLY RIGHT-OF-WAY LINE OF PENTZ ROAD, A DISTANCE OF 10.00 Form No. 23 Order Number: 0401-6481359 CLTA Parcel Map Guarantee (1-13-78) Page Number: 3 Mid Valley Title & Escrow Company FEET TO A POINT; THENCE NORTH 12°40'00" WEST, CONTINUING ALONG SAID EASTERLY RIGHT-OF- WAY OF PENTZ ROAD, A DISTANCE OF 838.62 FEET TO A POINT ON THE NORTH LINE OF THE SOUTH HALF OF THE NORTHEAST QUARTER OF SECTION 19; THENCE NORTH 89°52'20" EAST, ALONG SAID NORTH LINE OF THE SOUTH HALF OF THE NORTHEAST QUARTER OF SECTION 19, A DISTANCE OF 2,408.28 FEET TO THE SOUTHWEST CORNER OF THE NORTH HALF OF THE NORTHWEST QUARTER OF SECTION 20; THENCE NORTH 00°36'26" EAST, ALONG THE WEST LINE OF SAID NORTH HALF OF THE NORTHWEST QUARTER OF SECTION 20, A DISTANCE OF 1,325.94 FEET TO THE POINT OF BEGINNING. TOGETHER WITH THOSE PORTIONS OF THE SOUTHEAST QUARTER OF SECTION 19, THE NORTHWEST QUARTER AND SOUTHWEST QUARTER OF SECTION 20, TOWNSHIP 21 NORTH, RANGE 4 EAST, MOUNT DIABLO MERIDIAN, STATE OF CALIFORNIA, COUNTY OF BUTTE, MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE NORTHWEST CORNER OF THE NORTH HALF OF THE NORTHWEST QUARTER OF SAID SECTION 20; THENCE SOUTH 00°36'26" WEST, ALONG THE WEST LINE OF SAID NORTH HALF OF THE NORTHWEST QUARTER OF SECTION 20, A DISTANCE OF 1,325.94 FEET TO THE NORTHWEST CORNER OF THE SOUTH HALF OF THE NORTHWEST QUARTER OF SECTION 20; THENCE SOUTH 01°07'17” WEST, ALONG THE WEST LINE OF SAID SOUTH HALF OF THE NORTHWEST QUARTER OF SECTION 20 AND ITS SOUTHERLY PROJECTION, A DISTANCE OF 1,613.65 FEET TO A POINT ON THE NORTHERLY RIGHT-OF-WAY LINE OF THE WESTERN PACIFIC RAILROAD; THENCE SOUTH 01°03'36" WEST, LEAVING SAID NORTHERLY RIGHT-OF-WAY LINE OF WESTERN PACIFIC RAILROAD, A DISTANCE OF 388.56 FEET TO A POINT ON THE SOUTHERLY RIGHT-OF-WAY LINE OF THE WESTERN PACIFIC RAILROAD, SAID POINT ALSO BEING THE TRUE POINT OF BEGINNING; THENCE SOUTH 85°21'01" EAST, ALONG SAID SOUTHERLY RIGHT-OF-WAY LINE OF THE WESTERN PACIFIC RAILROAD, A DISTANCE OF 251.41 FEET TO A POINT; THENCE NORTH 05°36'43" EAST, CONTINUING ALONG SAID SOUTHERLY RIGHT-OF-WAY LINE OF THE WESTERN PACIFIC RAILROAD, A DISTANCE OF 384.28 FEET TO THE BEGINNING OF A CURVE TO THE RIGHT WITH A LOCAL TANGENT BEARING OF NORTH 54°53'56" EAST; THENCE CONTINUING ALONG SAID SOUTHERLY RIGHT-OF-WAY LINE OF WESTERN PACIFIC RAILROAD, NORTHEASTERLY, EASTERLY AND SOUTHEASTERLY, ALONG SAID CURVE TO THE RIGHT OF RADIUS 1,180.44 FEET AND CENTRAL ANGLE OF 89°58'14", A DISTANCE OF 1,853.62 FEET TO A POINT ON THE WESTERLY RIGHT-OF-WAY LINE OF THE WESTERN PACIFIC RAILROAD; THENCE SOUTH 13°50'08" WEST, ALONG SAID WESTERLY RIGHT-OF-WAY LINE OF THE WESTERN PACIFIC RAILROAD, A DISTANCE OF 211.40 FEET TO THE BEGINNING OF A CURVE TO THE RIGHT WITH A LOCAL TANGENT BEARING OF SOUTH 27°21'30" EAST; THENCE CONTINUING ALONG SAID WESTERLY RIGHT-OF-WAY LINE OF THE WESTERN PACIFIC RAILROAD, SOUTHEASTERLY ALONG SAID CURVE TO THE RIGHT OF RADIUS 1,030.19 FEET AND CENTRAL ANGLE OF 10°07’30”, A DISTANCE OF 182.05 FEET TO A POINT; THENCE NORTH 72°46'00" EAST, CONTINUING ALONG SAID WESTERLY RIGHT-OF- WAY LINE OF THE WESTERN PACIFIC RAILROAD, A DISTANCE OF 50.00 FEET TO A POINT; THENCE SOUTH 17°13'11" EAST, CONTINUING ALONG SAID WESTERLY RIGHT-OF-WAY LINE OF THE WESTERN PACIFIC RAILROAD, A DISTANCE OF 438.32 FEET TO A POINT; THENCE SOUTH 17°14'00" EAST, CONTINUING ALONG SAID WESTERLY RIGHT-OF-WAY LINE OF THE WESTERN PACIFIC RAILROAD, A DISTANCE OF 535.23 FEET TO A POINT; THENCE SOUTH 72°46'51” WEST, LEAVING SAID WESTERLY RIGHT-OF-WAY LINE OF THE WESTERN PACIFIC RAILROAD, A DISTANCE OF 55.20 FEET TO A POINT; THENCE SOUTH 45°19'15" WEST, A DISTANCE OF 170.81 FEET TO A POINT; THENCE SOUTH 59°24'00” WEST, A DISTANCE OF 174.92 FEET TO A POINT; THENCE SOUTH 04°47'45" WEST, A DISTANCE OF 94.07 FEET TO A POINT; THENCE SOUTH 38°44'00" WEST, A DISTANCE OF 138.08 FEET TO A POINT; THENCE SOUTH 81°24'45" WEST, A DISTANCE OF 579.78 FEET TO A POINT; THENCE SOUTH 65°05’15" WEST, A DISTANCE OF 197.65 FEET TO A POINT ON THE NORTHEASTERLY RIGHT-OF-WAY LINE OF THE WESTERN PACIFIC RAILROAD; THENCE NORTH 72°04'00" WEST, ALONG SAID NORTHEASTERLY RIGHT-OF-WAY LINE OF THE WESTERN PACIFIC RAILROAD, A DISTANCE OF 494.51 FEET TO THE BEGINNING OF A CURVE TO THE RIGHT; THENCE CONTINUING ALONG SAID NORTHEASTERLY RIGHT- OF-WAY LINE OF THE WESTERN PACIFIC RAILROAD, NORTHWESTERLY ALONG SAID CURVE TO THE RIGHT OF RADIUS 1,122.96 FEET AND CENTRAL ANGLE OF 19°59'41", A DISTANCE OF 391.88 FEET TO Form No. 23 Order Number: 0401-6481359 CLTA Parcel Map Guarantee (1-13-78) Page Number: 4 Mid Valley Title & Escrow Company A POINT; THENCE SOUTH 37°56'24" WEST, CONTINUING ALONG SAID NORTHEASTERLY RIGHT-OF- WAY LINE OF THE WESTERN PACIFIC RAILROAD, A DISTANCE OF 29.84 FEET TO A POINT ON A CURVE TO THE RIGHT WITH A LOCAL TANGENT BEARING OF NORTH 52°03'36” WEST; THENCE CONTINUING ALONG SAID NORTHEASTERLY RIGHT-OF-WAY LINE OF THE WESTERN PACIFIC RAILROAD, NORTHWESTERLY ALONG SAID CURVE TO THE RIGHT OF RADIUS 1,152.96 FEET AND CENTRAL ANGLE OF 41°23'20”, A DISTANCE OF 832.87 FEET TO A POINT; THENCE NORTH 79°20'33” EAST, CONTINUING ALONG SAID NORTHEASTERLY RIGHT-OF-WAY LINE OF THE WESTERN PACIFIC RAILROAD, A DISTANCE OF 25.00 FEET TO A POINT ON THE EASTERLY RIGHT-OF-WAY LINE OF THE WESTERN PACIFIC RAILROAD, SAID POINT ALSO BEING SITUATED AT THE BEGINNING OF A CURVE TO THE RIGHT WITH A LOCAL TANGENT BEARING OF NORTH 10°39'27" WEST; THENCE ALONG SAID EASTERLY RIGHT-OF-WAY LINE OF THE WESTERN PACIFIC RAILROAD, NORTHWESTERLY, NORTHERLY AND NORTHEASTERLY ALONG SAID CURVE TO THE RIGHT OF RADIUS 1,127.96 FEET AND CENTRAL ANGLE OF 27°36'00”, A DISTANCE OF 543.35 FEET TO A POINT; THENCE NORTH 73°03’27" WEST, CONTINUING ALONG SAID EASTERLY RIGHT-OF-WAY LINE OF THE WESTERN PACIFIC RAILROAD, A DISTANCE OF 25.00 FEET TO THE BEGINNING OF A CURVE TO THE RIGHT WITH A LOCAL TANGENT BEARING OF NORTH 16°56'33" EAST; THENCE CONTINUING ALONG SAID EASTERLY RIGHT-OF-WAY LINE OF THE WESTERN PACIFIC RAILROAD, NORTHEASTERLY ALONG SAID CURVE TO THE RIGHT OF RADIUS 1,152.96 FEET AND CENTRAL ANGLE OF 13°48'00", A DISTANCE OF 277.70 FEET TO THE TRUE POINT OF BEGINNING. THE ABOVE-DESCRIBED PARCEL IS BASED ON DATA SHOWN ON THAT CERTAIN UNRECORDED MAP ENTITLED “THOMASSEN BASE MAP" PREPARED BY SIERRA WEST SURVEYING IN FEBRUARY OF 2009, ON FILE WITH THE BUTTE COUNTY PUBLIC WORKS DEPARTMENT AS E-2868. DISTANCES, SHOWN THEREON AND HEREIN ARE GRID. TO CONVERT TO GROUND DISTANCES, MULTIPLY BY 1.0000775. THE ABOVE DESCRIBED PARCEL IS PURSUANT TO A LOT LINE ADJUSTMENT APPROVED BY THE COUNTY OF BUTTE, BY DEED RECORDED MAY 12, 2016, SERIAL NO. 2016-0017431. PARCEL II-A: PARCEL 3, AS SHOWN ON THAT CERTAIN PARCEL MAP, RECORDED IN THE OFFICE OF THE RECORDER OF THE COUNTY OF BUTTE, STATE OF CALIFORNIA, ON JULY 29, 1996, IN BOOK 139 OF MAPS, AT PAGE(S) 90, 91 AND 92. PARCEL II-B: A RIGHT OF WAY FOR INGRESS, EGRESS, ROAD AND PUBLIC UTILITIES OVER PARCELS 1 AND 2, AS SHOWN ON THAT CERTAIN PARCEL MAP, RECORDED IN THE OFFICE OF THE RECORDER OF THE COUNTY OF BUTTE, STATE OF CALIFORNIA, ON JULY 29, 1996, IN BOOK 139 OF MAPS, AT PAGE(S) 90, 91 AND 92. PARCEL II-C: AN EASEMENT FOR INGRESS, EGRESS, AND PUBLIC UTILITIES PURPOSES OVER THE FOLLOWING DESCRIBED PORTION OF LAND IN THE SOUTHEAST 1/4 OF SAID SECTION 20 MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHEAST CORNER OF SECTION 20; THENCE NORTH 00 DEG. 31' 07" EAST 1073.69 FEET ALONG THE EAST LINE OF SECTION 20; THENCE SOUTH 86 DEG. 39' 20" WEST 346.80 FEET; THENCE NORTH 88 DEG. 50' 22" WEST 144.64 FEET; THENCE SOUTH 39 DEG. 53' 17" WEST 128.13 FEET; THENCE SOUTH 63 DEG. 15' 42" WEST 460.05 FEET; THENCE NORTH 84 DEG. 48' 52" WEST 363.62 FEET; THENCE SOUTH 35 DEG. 18' 24" WEST 134.02 FEET; THENCE SOUTH 17 DEG. 57' 27" WEST 264.73 FEET; THENCE SOUTH 36 DEG. 47' 58" EAST 258.54 FEET; THENCE SOUTH 03 DEG. Form No. 23 Order Number: 0401-6481359 CLTA Parcel Map Guarantee (1-13-78) Page Number: 5 Mid Valley Title & Escrow Company 01' 36" WEST 135.32 FEET; THENCE SOUTH 48 DEG. 26' 13" WEST 95.02 FEET; THENCE SOUTH 70 DEG. 27' 15" WEST 193.63 FEET TO THE TRUE POINT OF BEGINNING FOR THIS DESCRIPTION; THENCE FROM THE TRUE POINT OF BEGINNING NORTH 19 DEG. 32' 45" WEST 30.00 FEET; THENCE SOUTH 70 DEG. 27' 15" WEST 73.90 FEET; THENCE SOUTH 57 DEG. 28' 50" EAST 21.04 FEET; THENCE SOUTH 28 DEG. 09' 02" EAST 0.24 FEET; THENCE NORTH 65 DEG. 56' 00" EAST 60.00 FEET; THENCE SOUTH 23 DEG. 06' 14" EAST 17.93 FEET TO THE TRUE POINT OF BEGINNING. APN: 041-030-153 (PARCEL I) and 041-030-154 (PARCEL I) and 041-320-025 (PARCEL II) Form No. 23 Order Number: 0401-6481359 CLTA Parcel Map Guarantee (1-13-78) Page Number: 6 Mid Valley Title & Escrow Company EXCEPTIONS THE FOLLOWING EXCEPTIONS AFFECT PARCEL I: 1. General and special taxes and assessments for the fiscal year 2022-2023. First Installment: $2,326.65, PAYABLE Penalty: $0.00 Second Installment: $2,326.65, PAYABLE Penalty: $0.00 Tax Rate Area: 110-000 A. P. No.: 041-030-153 (PARCEL I) 2. General and special taxes and assessments for the fiscal year 2022-2023. First Installment: $757.41, PAYABLE Penalty: $0.00 Second Installment: $757.41, PAYABLE Penalty: $0.00 Tax Rate Area: 110-007 A. P. No.: 041-030-154 (PARCEL I) 3. The lien of supplemental taxes, if any, assessed pursuant to Chapter 3.5 commencing with Section 75 of the California Revenue and Taxation Code. RE-CHECK SUPPLEMENTAL TAXES PRIOR TO THE CLOSE OF ESCROW. 4. An easement for public utilities and incidental purposes in the document recorded November 1, 1905 in Book 84 of Deeds, Page 186 and 191. Affects as described in said documents. 5. Water distribution systems and appurtenances being used by Dave Bennum, et ux, Myrtle Noel, Chester Phillips and their successors or assigns, as contained in Director's Deed from the State of California, recorded November 23, 1966, in Book 1451, Page 186, Official Records. 6. Right of the State of California, its successors or assigns, to the Miocene Canal, as contained in Director's Deed from the State of California, recorded November 23, 1966, in Book 1451, Page 186, Official Records. 7. An easement for canal and road and incidental purposes in the document recorded January 28, 1971 as Book 1655, Page 668 of Official Records. Affects as delineated on a map attached thereto. 8. An easement for public utilities and incidental purposes in the document recorded April 13, 2000 as Serial No. 2000-0013116 of Official Records. Affects a portion of Section 20, Township 21 North, Range 4 East, as described in said documents. Form No. 23 Order Number: 0401-6481359 CLTA Parcel Map Guarantee (1-13-78) Page Number: 7 Mid Valley Title & Escrow Company 9. Agricultural Statement of Acknowledgement for Residential Development, Executed By: Justin Anderson and Karissa Anderson Recorded: January 12, 2017, Serial No. 2017-0002212. Affects a portion of said land. 10. Restriction contained in the instrument recorded on January 12, 2017 as Serial No. 2017-0002213 of Official Records. Reference is hereby made to the recorded instrument for a full understanding. 11. An easement for well and water service and incidental purposes in the document recorded February 8, 2017 as Serial No. 2017-0005602 of Official Records. 12. Water rights, claims or title to water, whether or not shown by the Public Records. 13. With respect to Anderson Land & Investment Company, LLP, a California limited partnership: a. That a certified copy of the certificate of limited partnership (form LP-1) and any amendments thereto (form LP-2) be recorded in the public records; b. A full copy of the partnership agreement and any amendments; c. Satisfactory evidence of the consent of a majority in interest of the limited partners to the contemplated transaction; d. 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: 14. General and special taxes and assessments for the fiscal year 2022-2023. First Installment: $2,372.56, PAYABLE Penalty: $0.00 Second Installment: $2,372.56, PAYABLE Penalty: $0.00 Tax Rate Area: 110-000 A. P. No.: 041-320-025 (PARCEL II) 15. The lien of supplemental taxes, if any, assessed pursuant to Chapter 3.5 commencing with Section 75 of the California Revenue and Taxation Code. RE-CHECK SUPPLEMENTAL TAXES PRIOR TO THE CLOSE OF ESCROW. 16. Any claim that any portion of the land is below the ordinary high water mark where it was located prior to any artificial or avulsive changes in the location of the shoreline or riverbank. 17. Any rights, interests, or easements in favor of the public, which exist or are claimed to exist over any portion of said land covered by water, including a public right of access to the water. 18. Rights, rights of way, reservations and exceptions in the patent recorded February 09, 1904 as Book "F" of Patents, at Page 321 and February 02, 1906, in Book "F" of Patents, at Page 344 of Official Records. Form No. 23 Order Number: 0401-6481359 CLTA Parcel Map Guarantee (1-13-78) Page Number: 8 Mid Valley Title & Escrow Company 19. A right of way for ditches and canals as reserved by the United States of America in the patent recorded February 04, 1904 in Book "F" of Patents of Patents, Page 321 and February 02, 1906, in Book "F" of Patents, at Page 344. 20. An easement for public utilities and incidental purposes in the document recorded June 03, 1957 as Book 888, Page 355 of Official Records. 21. An easement for canal and road and incidental purposes in the document recorded January 28, 1971 as Book 1655, Page 668 of Official Records. Affects as delineated on a map attached thereto. 22. An easement for public utilities and incidental purposes in the document recorded February 15, 1996 as Serial No. 96-5884 and April 10, 1996, Serial No. 96-13099 of Official Records. Affects the South 1073.69 feet of the East half of Section 20. 23. An easement for road purposes and incidental purposes in the document recorded February 15, 1996 as Serial No. 96-5884 and April 10, 1996, Serial No. 96-13099 of Official Records. Affects Suel Drive as shown on Parcel Map filed July 29, 1996, in Book 139 of Maps, at Page(s) 90, 91 and 92. 24. The terms and provisions contained in the document entitled Road Maintenance Agreement recorded April 10, 1996 as Serial No. 96-13100 of Official Records. 25. Easements, set back lines, and note(s) if any, as shown or dedicated by Parcel Map filed July 29, 1996, in Book 139, at Page(s) 90, 91 and 92, of Maps. 26. The terms and provisions contained in the document entitled Road Maintenance Agreement recorded July 29, 1996 as Serial No. 96-28030 of Official Records. 27. An easement for ingress, egress, road and public utility purposes and incidental purposes in the document recorded October 21, 1996 as Serial No. 96-39676 of Official Records. Affects as shown on Parcel Map filed July 29, 1996, in Book 139 of Maps, at Page(s) 90, 91 and 92. 28. An easement for public utilities and incidental purposes in the document recorded April 15, 1998 as Serial No. 1998-0014504 of Official Records. Affects as shown on map attached to said document. 29. Water rights, claims or title to water, whether or not shown by the Public Records. 30. With respect to D & J Development Enterprises, LLC, a limited liability company: a. A copy of its operating agreement and any amendments thereto; b. If it is a California limited liability company, that a certified copy of its articles of organization (LLC- 1) and any certificate of correction (LLC-11), certificate of amendment (LLC-2), or restatement of articles of organization (LLC-10) be recorded in the public records; Form No. 23 Order Number: 0401-6481359 CLTA Parcel Map Guarantee (1-13-78) Page Number: 9 Mid Valley Title & Escrow Company c. If it is a foreign limited liability company, that a certified copy of its application for registration (LLC-5) be recorded in the public records; d. With respect to any deed, deed of trust, lease, subordination agreement or other document or instrument executed by such limited liability company and presented for recordation by the Company or upon which the Company is asked to rely, that such document or instrument be executed in accordance with one of the following, as appropriate: (i) If the limited liability company properly operates through officers appointed or elected pursuant to the terms of a written operating agreement, such document must be executed by at least two duly elected or appointed officers, as follows: the chairman of the board, the president or any vice president, and any secretary, assistant secretary, the chief financial officer or any assistant treasurer; (ii) If the limited liability company properly operates through a manager or managers identified in the articles of organization and/or duly elected pursuant to the terms of a written operating agreement, such document must be executed by at least two such managers or by one manager if the limited liability company properly operates with the existence of only one manager. e. Other requirements which the Company may impose following its review of the material required herein and other information which the Company may require. VP:ljh/md Form No. 23 Order Number: 0401-6481359 CLTA Parcel Map Guarantee (1-13-78) Page Number: 10 Mid Valley Title & Escrow Company INFORMATION 1. The land herein was created by: Lot Line Adjustment, recorded: May 12, 2016 as Serial No. 2016- 0017431, as to Parcel I and by Parcel Map filed July 29, 1996, in Book 139 of Maps, at Pages 90, 91 and 92, as to Parcel II. The vestee herein acquired title by: Grant Deed, recorded January 10, 2017 as Serial No. 2017- 0001150 and September 29, 2022, Serial No. 2022-0032404, as to Parcel I and by Grant Deed recorded February 28, 2017 as Serial No. 2017-0007713, as to Parcel II. The map attached, if any, may or may not be a survey of the land depicted hereon. Mid Valley Title & Escrow Company expressly disclaims any liability for loss or damage which may result from reliance on this map except to the extent coverage for such loss or damage is expressly provided by the terms and provisions of the title insurance policy, if any, to which this map is attached. Form No. 23 Order Number: 0401-6481359 CLTA Parcel Map Guarantee (1-13-78) Page Number: 11 Mid Valley Title & Escrow Company SCHEDULE OF EXCLUSIONS FROM COVERAGE OF THIS GUARANTEE 1. Except to the extent that specific assurance are provided in Schedule A of this Guarantee, the Company assumes no liability for loss or damage by reason of the following: (a) Defects, liens, encumbrances, adverse claims or other matters against the title, whether or not shown by the public records. (b) (1) Taxes or assessments of any taxing authority that levies taxes or assessments on real property; or, (2) Proceedings by a public agency which may result in taxes or assessments, or notices of such proceedings, whether or not the matters excluded under (1) or (2) are shown by the records of the taxing authority or by the public records. (c) (1) Unpatented mining claims; (2) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (3) water rights, claims or title to water, whether or not the matters excluded under (1), (2) or (3) are shown by the public records. 2. Notwithstanding any specific assurances which are provided in Schedule A of this Guarantee, the Company assumes no liability for loss or damage by reason of the following: (a) Defects, liens, encumbrances, adverse claims or other matters affecting the title to any property beyond the lines of the land expressly described in the description set forth in Schedule (A), (C) or in Part 2 of this Guarantee, or title to streets, roads, avenues, lanes, ways or waterways to which such land abuts, or the right to maintain therein vaults, tunnels, ramps, or any structure or improvements; or any rights or easements therein, unless such property, rights or easements are expressly and specifically set forth in said description. (b) Defects, liens, encumbrances, adverse claims or other matters, whether or not shown by the public records; (1) which are created, suffered, assumed or agreed to by one or more of the Assureds; (2) which result in no loss to the Assured; or (3) which do not result in the invalidity or potential invalidity of any judicial or non-judicial proceeding which is within the scope and purpose of the assurances provided. (c) The identity of any party shown or referred to in Schedule A. (d) The validity, legal effect or priority of any matter shown or referred to in this Guarantee. GUARANTEE CONDITIONS AND STIPULATIONS 1. Definition of Terms. The following terms when used in the Guarantee mean: (a) the "Assured": the party or parties named as the Assured in this Guarantee, or on a supplemental writing executed by the Company. (b) "land": the land described or referred to in Schedule (A) (C) or in Part 2, and improvements affixed thereto which by law constitute real property. The term "land" does not include any property beyond the lines of the area described or referred to in Schedule (A) (C) or in Part 2, nor any right, title, interest, estate or easement in abutting streets, roads, avenues, alleys, lanes, ways or waterways. (c) "mortgage": mortgage, deed of trust, trust deed, or other security instrument. (d) "public records" : records established under state statutes at Date of Guarantee for the purpose of imparting constructive notice of matters relating to real property to purchasers for value and without knowledge. (e) "date": the effective date. 2. Notice of Claim to be Given by Assured Claimant. An Assured shall notify the Company promptly in writing in case knowledge shall come to an Assured hereunder of any claim of title or interest which is adverse to the title to the estate or interest, as stated herein, and which might cause loss or damage for which the Company may be liable by virtue of this Guarantee. If prompt notice shall not be given to the Company, then all liability of the Company shall terminate with regard to the manner or matters for which prompt notice is required; provided, however, that failure to notify the Company shall in no case prejudice the rights of any Assured under this Guarantee unless the Company shall be prejudiced by the failure and then only to the extent of the prejudice. 3. No Duty to Defend or Prosecute. The Company shall have no duty to defend or prosecute any action or proceeding to which the Assured is a party, notwithstanding the nature of any allegation in such action or proceeding. 4. Company's Option to Defend or Prosecute Actions; Duty of Assured Claimant to Cooperate. Even though the Company has no duty to defend or prosecute as set forth in Paragraph 3 above: (a) The Company shall have the right, at its sole option and cost, to institute and prosecute any action or proceeding, interpose a defense, as limited in (b), or to do any other act which in its opinion may be necessary or desirable to establish the title to the estate or interest as stated herein, or to establish the lien rights of the Assured, or to prevent or reduce loss or damage to the Assured. The Company may take any appropriate action under the terms of this Guarantee, whether or not it shall be liable hereunder, and shall not thereby concede liability or waive any provision of this Guarantee. If the Company shall exercise its rights under this paragraph, it shall do so diligently. (b) If the Company elects to exercise its options as stated in Paragraph 4(a) the Company shall have the right to select counsel of its choice (subject to the right of such Assured to object for reasonable cause) to represent the Assured and shall not be liable for and will not pay the fees of any other counsel, nor will the Company pay any fees, costs or expenses incurred by an Assured in the defense of those causes of action which allege matters not covered by this Guarantee. (c) Whenever the Company shall have brought an action or interposed a defense as permitted by the provisions of this Guarantee, the Company may pursue any litigation to final determination by a court of competent jurisdiction and expressly reserves the right, in its sole discretion, to appeal from an adverse judgment or order. (d) In all cases where this Guarantee permits the Company to prosecute or provide for the defense of any action or proceeding, an Assured shall secure to the Company the right to so prosecute or provide for the defense of any action or proceeding, and all appeals therein, and permit the Company to use, at its option, the name of such Assured for this purpose. Whenever requested by the Company, an Assured, at the Company's expense, shall give the Company all reasonable aid in any action or proceeding, securing evidence, obtaining witnesses, prosecuting or defending the action or lawful act which in the opinion of the Company may be necessary or desirable to establish the title to the estate or interest as stated herein, or to establish the lien rights of the Assured. If the Company is prejudiced by the failure of the Assured to furnish the required cooperation, the Company's obligations to the Assured under the Guarantee shall terminate. 5. Proof of Loss Damage. In addition to and after the notices required under Section 2 of these Conditions and Stipulations have been provided to the Company, a proof of loss or damage signed and sworn to by the Assured shall be furnished to the Company within ninety (90) days after the Assured shall ascertain the facts giving rise to the loss or damage. The proof of loss or damage shall describe the matters covered by this Guarantee which constitute the basis of loss or damage and shall state, to the extent possible, the basis of calculating the amount of the loss or damage. If the Company is Form No. 23 Order Number: 0401-6481359 CLTA Parcel Map Guarantee (1-13-78) Page Number: 12 Mid Valley Title & Escrow Company prejudiced by the failure of the Assured to provide the required proof of loss or damage, the Company's obligation to such Assured under the Guarantee shall terminate. In addition, the Assured may reasonably be required to submit to examination under oath by any authorized representative of the Company and shall produce for examination, inspection and copying, at such reasonable times and places as may be designated by any authorized representative of the Company, all records, books, ledgers, checks, correspondence and memoranda, whether bearing a date before or after Date of Guarantee, which reasonably pertain to the loss or damage. Further, if requested by any authorized representative of the Company, the Assured shall grant its permission, in writing, for any authorized representative of the Company to examine, inspect and copy all records, books, ledgers, checks, correspondence and memoranda in the custody or control of a third party, which reasonably pertain to the loss damage. All information designated as confidential by the Assured provided to the Company, pursuant to this Section shall not be disclosed to others unless, in the reasonable judgment of the Company, it is necessary in the administration of the claim. Failure of the Assured to submit for examination under oath, produce other reasonably requested information of grant permission to secure reasonably necessary information from third parties as required in the above paragraph, unless prohibited by law or governmental regulation, shall terminate any liability of the Company under this Guarantee to the Assured for that claim. 6. Options to Pay or Otherwise Settle Claims: Termination of Liability. In case of a claim under this Guarantee, the Company shall have the following additional options: (a) To Pay or Tender Payment of the Amount of Liability or to Purchase the Indebtedness. The Company shall have the option to pay or settle or compromise for or in the name of the Assured any claim which could result in loss to the Assured within the coverage of this Guarantee, or to pay the full amount of this Guarantee or, if this Guarantee is issued for the benefit of a holder of a mortgage or a lienholder, the Company shall have the option to purchase the indebtedness secured by said mortgage or said lien for the amount owing thereon, together with any costs, reasonable attorneys' fees and expenses incurred by the Assured claimant which were authorized by the Company up to the time of purchase. Such purchase, payment or tender of payment of the full amount of the Guarantee shall terminate all liability of the Company hereunder. In the event after notice of claim has been given to the Company by the Assured the Company offers to purchase said indebtedness, the owner of such indebtedness shall transfer and assign said indebtedness, together with any collateral security, to the Company upon payment of the purchase price. Upon the exercise by the Company of the option provided for in Paragraph (a) the Company's obligation to the Assured under this Guarantee for the claimed loss or damage, other than to make the payment required in that paragraph, shall terminate, including any obligation to continue the defense or prosecution of any litigation for which the Company has exercised its options under Paragraph 4, and the Guarantee shall be surrendered to the Company for cancellation. (b) To Pay Otherwise Settle With Parties Other Than the Assured or With the Assured Claimant. To pay or otherwise settle with other parties for or in the name of an Assured claimant any claim Assured against under this Guarantee, together with any costs, attorneys' fees and expenses incurred by the Assured claimant which were authorized by the Company up to the time of payment and which the Company is obligated to pay. Upon the exercise by the Company of the option provided for in Paragraph (b) the Company's obligation to the Assured under this Guarantee for the claimed loss or damage, other than to make the payment required in that paragraph, shall terminate, including any obligation to continue the defense or prosecution of any litigation for which the Company has exercised its options under Paragraph 4. 7. Determination and Extent of Liability. This Guarantee is a contract of Indemnity against actual monetary loss or damage sustained or incurred by the Assured claimant who has suffered loss or damage by reason of reliance upon the assurances set forth in this Guarantee and only to the extent herein described, and subject to the Exclusions From Coverage of This Guarantee. The Liability of the Company under this Guarantee to the Assured shall not exceed the least of: (a) the amount of liability stated in Schedule A or in Part 2; (b) the amount of the unpaid principal indebtedness secured by the mortgage of an Assured mortgagee, as limited or provided under Section 6 of these Conditions and Stipulations or as reduced under Section 9 of these Conditions and Stipulations, at the time the loss or damage Assured against by this Guarantee occurs, together with interest thereon; or (c) the difference between the value of the estate or interest covered hereby as stated herein and the value of the estate or interest subject to any defect, lien or encumbrance Assured against by this Guarantee. 8. Limitation of Liability. (a) If the Company establishes the title, or removes the alleged defect, lien or encumbrance, or cures any other matter Assured against by this Guarantee in a reasonably diligent manner by any method, including litigation and the completion of any appeals therefrom, it shall have fully performed its obligations with respect to that matter and shall not be liable for any loss or damage caused thereby. (b) In the event of any litigation by the Company or with the Company's consent, the Company shall have no liability for loss or damage until there has been a final determination by a court of competent jurisdiction, and disposition of all appeals therefrom, adverse to the title, as stated herein. (c) The Company shall not be liable for loss or damage to any Assured for liability voluntarily assumed by the Assured in settling any claim or suit without the prior written consent of the Company. 9. Reduction of Liability or Termination of Liability. All payments under this Guarantee, except payments made for costs, attorneys' fees and expenses pursuant to Paragraph 4 shall reduce the amount of liability pro tanto. 10. Payment of Loss. (a) No payment shall be made without producing this Guarantee for endorsement of the payment unless the Guarantee has been lost or destroyed, in which case proof of loss or destruction shall be furnished to the satisfaction of the Company. (b) When liability and the extent of loss or damage has been definitely fixed in accordance with these Conditions and Stipulations, the loss or damage shall be payable within thirty (30) days thereafter. 11. Subrogation Upon Payment or Settlement. Whenever the Company shall have settled and paid a claim under this Guarantee, all right of subrogation shall vest in the Company unaffected by any act of the Assured claimant. The Company shall be subrogated to and be entitled to all rights and remedies which the Assured would have had against any person or property in respect to the claim had this Guarantee not been issued. If requested by the Company, the Assured shall transfer to the Company all rights and remedies against any person or property necessary in order to perfect this right of subrogation. The Assured shall permit the Company to Form No. 23 Order Number: 0401-6481359 CLTA Parcel Map Guarantee (1-13-78) Page Number: 13 Mid Valley Title & Escrow Company sue, compromise or settle in the name of the Assured and to use the name of the Assured in any transaction or litigation involving these rights or remedies. If a payment on account of a claim does not fully cover the loss of the Assured the Company shall be subrogated to all rights and remedies of the Assured after the Assured shall have recovered its principal, interest, and costs of collection. 12. Arbitration. Unless prohibited by applicable law, either the Company or the Assured may demand arbitration pursuant to the Title Insurance Arbitration Rules of the American Arbitration Association. Arbitrable matters may include, but are not limited to, any controversy or claim between the Company and the Assured arising out of or relating to this Guarantee, any service of the Company in connection with its issuance or the breach of a Guarantee provision or other obligation. All arbitrable matters when the Amount of Liability is $1,000,000 or less shall be arbitrated at the option of either the Company or the Assured. All arbitrable matters when the amount of liability is in excess of $1,000,000 shall be arbitrated only when agreed to by both the Company and the Assured. The Rules in effect at Date of Guarantee shall be binding upon the parties. The award may include attorneys' fees only if the laws of the state in which the land is located permits a court to award attorneys' fees to a prevailing party. Judgment upon the award rendered by the Arbitrator(s) may be entered in any court having jurisdiction thereof. The law of the situs of the land shall apply to an arbitration under the Title Insurance Arbitration Rules. A copy of the Rules may be obtained from the Company upon request. 13. Liability Limited to This Guarantee; Guarantee Entire Contract. (a) This Guarantee together with all endorsements, if any, attached hereto by the Company is the entire Guarantee and contract between the Assured and the Company. In interpreting any provision of this Guarantee, this Guarantee shall be construed as a whole. (b) Any claim of loss or damage, whether or not based on negligence, or any action asserting such claim, shall be restricted to this Guarantee. (c) No amendment of or endorsement to this Guarantee can be made except by a writing endorsed hereon or attached hereto signed by either the President, a Vice President, the Secretary, and Assistant Secretary, or validating officer or authorized signatory of the Company. 14. Notices, Where Sent. All notices required to be given the Company and any statement in writing required to be furnished the Company shall include the number of this Guarantee and shall be addressed to the Company at 2 First American Way, Bldg 2, Santa Ana, California, 92707.