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1.00 General Application Materials_Part4
NONE SEE NOTES NOTES: UNLESS OTHERWISE SPECIFIED 1. DIMENSIONS SHOWN ARE INCHES [MILIMETERS]. 2. MATERAIL:HIGH STRENGTH STEEL PIPE OR TUBE. 3. FINISH: HOT DIP GALVANIZE PER ASTM A123 / A123M - 02. MINIMUM 50 KSI YIELD STRESS. 4. BREAK ALL BURRS AND SHARP EDGES. 5. ALL WELDING MUST BE IN COMPLIANCE WITH AWS CODE D1;1. powered by r--ou-a/B 6BUSBAR CELL TECHNOLOGY 12BUSBAR CELL TECHNOLOGY THE IDEAL SOLUTION FOR: � Rooftop arrays on Lr-i.I:.J residential buildings Engineered in Germany J56IIIl C5f_: 251 Warranty Product & Performance BREAKING THE 20% EFFICIENCY BARRIER Q.ANTUM DUO Z Technology with zero gap cell layout boosts module efficiency up to 20.9 %. Quality Controlled PV Q CELLS Yield Security THE MOST THOROUGH TESTING PROGRAMME IN THE INDUSTRY Q CELLS is the first solar module manufacturer to pass the most comprehen sive quality programme in the industry: The new "Quality Controlled PV" of the independent certification institute T0V Rheinland. INNOVATIVE ALL-WEATHER TECHNOLOGY Optimal yields, whatever the weather with excellent low-light and temperature behavior. ENDURING HIGH PERFORMANCE Long-term yield security with Anti LID Technology, Anti PID Technology1, Hot-Spot Protect and Traceable Quality Tra.Q™. EXTREME WEATHER RATING High-tech aluminum alloy frame, certified for high snow (5400 Pa) and wind loads (4000 Pa). A RELIABLE INVESTMENT Inclusive 25-year product warranty and 25-year linear performance warranty2. 1 APT test conditions according to IEC/TS 62804-1:2015, method A (-1500V, 96h) 'See data sheet on rear for further information. QCELLS 352'8&7&876+((76 MECHANICAL SPECIFICATION Format 74.0 in x 41.1 in x 1.26 in (including frame) (187gmm x 1045mm x 32mm) e.-------74.0"(18 7 9 m m ) _______ ___,. Weight 48.5 lbs (22.0 kg) r------42.8"(1088mm) -----::::1-___ .).__16.6" (395.6mm) Front Cover Back Cover Frame Cell Junction Box Cable Connector 0.13 in (3.2 mm) thermally pre-stressed glass with anti-reflection technology Composite film Black anodized aluminum 6 x 22 monocrystalline Q.ANTUM solar hal f cells 2.09-3.98in x 1.26-2.36in x 0.59-0.llin (53-lOlmm x 32-60mm x 15-18mm), IP67, with bypass diodes 4mm' Solar cable;(+) 249.2in (1250mm), (-) 249.2in (1250mm) Staubli MC4; IP68 1� a=:= 4 x Grounding points 0 0.18" (4.5 mm) c:) L,b,1-0 :i!:49.2"(1250mm) 4 x Mo!Sltlng slots (DETAIL A) DETAILA O.B�m) Freme-l l 39.2"(998mm) 4L1" (1045mm) 8xDralnage�ei --1 f--l.26"(32mm) o.se· t24.smm) 1--E:3 I o.33" ,a.smmi ELECTRICAL CHARACTERISTICS POWER CLASS 385 390 395 MINIMUM PERFORMANCE AT STANDARD TEST CONDITIONS, STC1 (POWER TOLERANCE +5 W /-OW) Power at MPP1 PMPP [W] 385 390 395 Short Circuit Current' lse [A] 11.04 11.07 11.10 E Open Circuit Voltage' Voe [V] 45.19 45.23 45.27 E ·c:: Current at MPP IMPP [A] 10.59 10.65 10.71 :E Voltage at MPP VMPP [V] 36.36 36.62 36.88 Efficiency' [%] 219.6 219.9 220.1 MINIMUM PERFORMANCE AT NORMAL OPERATING CONDITIONS, NMOT' Power at MPP PMPP [W] 288.8 292.6 296.3 E Short Circuit Current lse [A] 8.90 8.92 8.95 E Open Circuit Voltage Voe [V] 42.62 42.65 42.69 ·c:::E Current at MPP IMPP [A] 8.35 8.41 8.46 Voltage at MPP VMPP [V] 34.59 34.81 35.03 'Measurement tolerances P"" ±3%; l,e; Voe ±5% at STC: l000W/m'. 25±2 °C, AM 1.5 according to IEC 60904-3 • '800W/m2, NMOT, spectrum AM 1.5 Q CELLS PERFORMANCE WARRANTY -QCELLS -h:l\l.ny'1an,;lordforlniarW&Tsntiw· At least 98% of nominal power during first year. Thereafter max. 0.5 % degradation per year. At least 93.5% of nominal power up to 10 years. At least 86 % of nominal power up to 25 years. All data within measurement toleranc es. Full warranties in accordance with the warranty terms of the Q CELLS sales organisation of your respective country. PERFORMANCE AT LOW IRRADIANCE T I I I , I I I I I : : : : i--L-----L-----1 I I I I I I I I I --r-----r-----r-----r-----1 I I I I I I I I I I I I I I I 200 400 800 1000 lRRADIANCE [W/m'] 400 400 11.14 45.30 10.77 37.13 220.4 300.1 8.97 42.72 8.51 35.25 "StandardtermsalguerameefofthelOPVoanpanfes wttr,trietighoslproductloocepacftyln20l4(asat:Saplerrtlir20l4) Typical module performance under low irradiance conditions in comparison to STC conditions (25 °C, 1000W/m 2) TEMPERATURE COEFFICIEN TS Temperature Coefficient of lse a Temperature Coefficient of PMPP y Maximum System Voltage V,vs [V] Maximum Series Fuse Rating [ADC] [%/K] [%/K] +0.04 Temperature Coefficient of Voe � -0.34 Nominal Module Operating Temperature NMOT PROPERTIES FOR SYSTEM DESIGN 1000 (IEC)/1000 (UL) PV module classification 20 Fire Rating based on ANSI/ UL 61730 [%/K] [•F] 405 405 11.17 45.34 10.83 37.39 220.6 303.8 9.00 42.76 8.57 35.46 -0.27 109±5.4 (43±3 °C) Class II TYPE2 Max. Design Load, Push/ Pull3 [lbs/ft'] Max. Test Load, Push/ Pull3 [lbs/ft'] 75 (3600 Pa)/ 55 (2660 Pa) 113 (5400Pa)/84 (4000Pa) Permitted Module Temperature on Continuous Duty -40 °F up to + 185 °F (-40 •c up to +85 •q 3 See Installation Manual QUALIFICATIONS AND CERTIFICATES UL 61730, CE-compliant, Quality Controlled PV -T0V Rheinland, IEC 61215:2016, IEC 61730:2016, U.S. Patent No. 9,893,215 (solar oells), <3® (€C Certlfied us UL61730 WWW,IUV,C(lm 10 1111220277 @r Horizontal 76.4in packaging 1940mm PACKAGING INFORMATION � © � � �0-0 ' 43.3in 48.0in 16561bs 24 24 32 1100mm 1220mm 751kg pallets pallets modules Note: Installation instructions must be followed. See the installation and operating manual or contact our technical service department for further information on approved installation and use of this product. Hanwha Q CELLS America Inc. 400 Spectrum Center Drive, Suite 1400, Irvine, CA 92618, USA I TEL+ 1 949 748 59 96 I EMAIL inquiry@us.q-cells.com I WEB www.q-cells.us IQ8M and IQ8A Microinverters Our newest IQ8 Microinverters are the industry’s rst microgrid-forming, software- dened microinverters with split-phase power conversion capability to convert DC power to AC power eciently. The brain of the semiconductor-based microinverter is our proprietary application-specic integrated circuit (ASIC) which enables the microinverter to operate in grid-tied or o-grid modes. This chip is built in advanced 55nm technology with high speed digital logic and has super-fast response times to changing loads and grid events, alleviating constraints on battery sizing for home energy systems. Part of the Enphase Energy System, IQ8 Series Microinverters integrate with the Enphase IQ Battery, Enphase IQ Gateway, and the Enphase App monitoring and analysis software. IQ8 Series Microinverters redene reliability standards with more than one million cumulative hours of power-on testing, enabling an industry-leading limited warranty of up to 25 years. Connect PV modules quickly and easily to IQ8 Series Microinverters using the included Q-DCC-2 adapter cable with plug-n-play MC4 connectors. IQ8 Series Microinverters are UL Listed as PVRapid Shut Down Equipment and conform with various regulations, when installed according to manufacturer’s instructions. Easy to install • Lightweight and compact with plug-n-play connectors • Power Line Communication (PLC) between components • Faster installation with simple two-wire cabling High productivity and reliability • Produce power even when the grid is down* • More than one million cumulative hours of testing • Class II double-insulated enclosure • Optimized for the latest high- powered PV modules Microgrid-forming • Complies with the latest advanced grid support** • Remote automatic updates for the latest grid requirements • Configurable to support a wide range of grid profiles • Meets CA Rule 21 (UL 1741-SB) requirements © 2022 Enphase Energy. All rights reserved. Enphase, the Enphase logo, IQ8 Microinverters, and other names are trademarks of Enphase Energy, Inc. Data subject to change. IQ8MA-DS-0003-01-EN-US-2022-08-10 * Only when installed with IQ System Controller 2, meets UL 1741. ** IQ8M and IQ8A supports split phase, 240V installations only. DATA SHEET (1) No enforced DC/AC ratio. See the compatibility calculator at https://link.enphase.com/module-compatibility (2)Maximum continuous input DC current is 10.6A (3) Nominal voltage range can be extended beyond nominal if required by the utility. (4) Limits may vary. Refer to local requirements to dene the number of microinverters per branch in your area. IQ8M and IQ8A Microinverters INPUT DATA (DC)IQ8M-72-2-US IQ8A-72-2-US Commonly used module pairings1 W 260 – 460 295 – 500 Module compatibility 60-cell/120 half-cell, 66-cell/132 half-cell and 72-cell/144 half-cell MPPT voltage range V 33 – 45 36 – 45 Operating range V 25 – 58 Min/max start voltage V 30 / 58 Max input DC voltage V 60 Max DC current2 [module Isc] A 15 Overvoltage class DC port II DC port backfeed current mA 0 PV array conguration 1x1 Ungrounded array; No additional DC side protection required; AC side protection requires max 20A per branch circuit OUTPUT DATA (AC)IQ8M-72-2-US IQ8A-72-2-US Peak output power VA 330 366 Max continuous output power VA 325 349 Nominal (L-L) voltage/range3 V 240 / 211 – 264 Max continuous output current A 1.35 1.45 Nominal frequency Hz 60 Extended frequency range Hz 50 – 68 AC short circuit fault current over 3 cycles Arms 2 Max units per 20 A (L-L) branch circuit4 11 Total harmonic distortion <5% Overvoltage class AC port III AC port backfeed current mA 30 Power factor setting 1.0 Grid-tied power factor (adjustable)0.85 leading – 0.85 lagging Peak eciency %97.6 97.6 CEC weighted eciency %97 97.5 Night-time power consumption mW 60 MECHANICAL DATA Ambient temperature range -40ºC to +60ºC (-40ºF to +140ºF) Relative humidity range 4% to 100% (condensing) DC Connector type MC4 Dimensions (HxWxD)212 mm (8.3”) x 175 mm (6.9”) x 30.2 mm (1.2”) Weight 1.08 kg (2.38 lbs) Cooling Natural convection – no fans Approved for wet locations Yes Pollution degree PD3 Enclosure Class II double-insulated, corrosion resistant polymeric enclosure Environ. category / UV exposure rating NEMA Type 6 / outdoor COMPLIANCE Certications CA Rule 21 (UL 1741-SB), UL 62109-1, UL1741/IEEE1547, FCC Part 15 Class B, ICES-0003 Class B, CAN/CSA-C22.2 NO. 107.1-01 This product is UL Listed as PV Rapid Shut Down Equipment and conforms with NEC 2014, NEC 2017, and NEC 2020 section 690.12 and C22.1-2018 Rule 64-218 Rapid Shutdown of PV Systems, for AC and DC conductors, when installed according to manufacturer’s instructions. IQ8MA-DS-0003-01-EN-US-2022-08-10 April 6th, 2022 5 Spec Sheet Spec Sheetf Powerwall Home Battery Product Specification www.meritsunpower.com 48V Package Configuration Method 3.2V 15S Cut-Off Voltage 40-42.5V Charging Voltage 53.2-54V Internal Impedance ʇSœ Rated Capacity Typical Minimum 200Ah 200Ah 100Ah 100Ah 150Ah 150Ah Nominal Voltage 49.5-50.5V Battery Model LFP100-48 LFP150-48 LFP200-48 Standard Charge Constant Current 20A Constant Voltage 0.01CA Cut-off Standard Discharge )UTYZGTZ)[XXKTZ'+TJ<URZGMK Max. Continuous Charge Current 100A Max. Continuous Discharge Current 100A Operation Temperature )NGXMK dȭ *OYINGXMK dȭ Storage Temperature 2KYYZNGT3UTZNY dȭ 2KYYZNGT3UTZNY dȭ 2KYYZNGT *G_ d ȭ Cycle Life ʈ )_IRK Dimensions 480*450*222 mm 480*650*242mm 480*650*242 mm Net Weight 48kg 70kg 88kg <UR[SKZXOI9VKIOLOI+TKXM_100 WH/L 95WH/L 127WH/L -XG\OSKZXOI9VKIOLOI+TKXM_99WH/KG 90WH/KG 109WH/KG www.meritsunpower.com03 Product Specification Parallel Connection Support 15pcs (Max. 16pcs) BMS Features Battery Management System 1. This BMS is Designed For 15/16 Series Lithium Battery. 2. This BMS is Features With: Overcharge Detection Function Over Discharge Detection Function Over Current Detection Function Short Detection Function Temperature Detection Function Balance Function Communicate Function Alarm Function BMS Parameter 48V 15S / 16S Typical Value Specifications www.meritsunpower.com Cell Overcharge Protection Items Details Standard 3.70±0.025V Typical:1.0s 3.45±0.02V Cell Over-Discharge Protection Overcharge Detection Voltage Overcharge Detection Delay Time Overcharge Release Voltage Over-Discharge Detection Voltage Over-Discharge Detection Delay Time Over-Discharge Release Voltage 2.75±0.02V Typical:1.0s 3.05±0.02V or Charge Release 05 BMS Parameter 48V 15S / 16S Typical Value Specifications Over-Current Protection Items Details Standard 120±10A 150±10A Short Protection 350±10A Load short XV 1S PV9 120±10A Charging release Temperature(T) Protection 65±2¥ 60±5¥ 65±2¥ 60±5¥ -5±2¥ 0±2¥ -20±5¥ -15±5¥ Balance Discharge Over-Current Protection Current1 Discharge Over-Current Detection Delay Time 1 Discharge Over-Current Protection Current2 Short Protection Current Protection Condition Detection Delay Time Discharge Over-Current Detection Delay Time2 Charge OC Protection Current Protection Release Condition Charge High (T) Protection Charge High (T) Recover Discharge High (T) Protection Discharge High (T) Recover Charge Low (T) Protection Charge Low (T) Recover Discharge Low (T) Protection Discharge Low (T) Recover Balance Threshold Voltage 3.45V Communication It Has RS232 And RS485 Standard Communication Interface, It Can Real-Time Monitoring The Capacity Of Battery Bank, The Voltage, Current, Environment Temperature, And Charging / Discharging Current. Alarm It Has Over-Temperature, Over Charge, Under-Voltage, Over-Current, Short Circuit Alarm Function. www.meritsunpower.com06 INVOICE Land Title Guarantee Company 5975 Greenwood Plaza Blvd Suite 125 Greenwood Village, CO 80111 970-927-0405 KAPLAN KIRSCH & ROCKWELL LLP BILL SILBERSTEIN 1675 BROADWAY #2300 DENVER, CO 80202 Invoice Number:BA-532 Date: July 28, 2023 Order Number:64006574 Property Address:TBD CR 121 GLENWOOD SPRINGS 81601 Parties:A Buyer To Be Determined Invoice Charges Service: TBD Commitment Ref: 64006574 Addr: TBD CR 121 Party: SGJD, LLC A COLORADO LIMITED LIABILITY COMPANY Total Amount Invoiced: Less Payment(s): Balance Due: $265.00 $265.00 $0.00 $265.00 Due and Payable upon receipt Please make check payable to Land Title Guarantee Company and send to the address at the top of Page 1. Please reference Invoice Number BA-532 on your Payment Page 1 invoice.odt 14420 07/2015 07/30/13 11:06:43 AM Reference Your Reference Number:TBD Commitment - 64006574 Our Order Number:BA-532 Our Customer Number:51249.2 Invoice Requested by:BILL SILBERSTEIN Invoice (Process) Date:July 28, 2023 Transaction Invoiced By:Web Services Email Address:system@ltgc.com Customer Distribution Prevent fraud - Please call a member of our closing team for wire transfer instructions or to initiate a wire transfer. Note that our wiring instructions will never change. Order Number: ABS64006574 Date: 07/28/2023 Property Address: TBD CR 121, GLENWOOD SPRINGS, CO 81601 For Closing Assistance For Title Assistance George Rietsch 5975 GREENWOOD PLAZA BLVD GREENWOOD VILLAGE, CO 80111 (303) 850-4151 (Work) grietsch@ltgc.com Attorney for Seller KAPLAN KIRSCH & ROCKWELL LLP Attention: BILL SILBERSTEIN 1675 BROADWAY #2300 DENVER, CO 80202 (303) 825-7000 (Work) bsilberstein@kaplankirsch.com Delivered via: Electronic Mail Estimate of Title Fees Order Number: ABS64006574 Date: 07/28/2023 Property Address: TBD CR 121, GLENWOOD SPRINGS, CO 81601 Seller(s): SGJD, LLC A COLORADO LIMITED LIABILITY COMPANY Buyer(s): A BUYER TO BE DETERMINED Thank you for putting your trust in Land Title. Below is the estimate of title fees for the transaction. The final fees will be collected at closing. Visit ltgc.com to learn more about Land Title. Estimate of Title Insurance Fees "TBD" Commitment $265.00 TOTAL $265.00 Note: The documents linked in this commitment should be reviewed carefully. These documents, such as covenants conditions and restrictions, may affect the title, ownership and use of the property. You may wish to engage legal assistance in order to fully understand and be aware of the implications of the documents on your property. Chain of Title Documents: Garfield county recorded 12/29/1992 at book 850 page 961 Garfield county recorded 11/27/2001 at book 1305 page 783 Garfield county recorded 12/29/2009 under reception no. 779867 Garfield county recorded 06/01/2020 under reception no. 936101 Garfield county recorded 10/27/2020 under reception no. 944306 Property Address: TBD CR 121, GLENWOOD SPRINGS, CO 81601 1.Effective Date: 07/07/2023 at 5:00 P.M. 2.Policy to be Issued and Proposed Insured: "TBD" Commitment Proposed Insured: A BUYER TO BE DETERMINED $0.00 3.The estate or interest in the land described or referred to in this Commitment and covered herein is: FEE SIMPLE 4.Title to the estate or interest covered herein is at the effective date hereof vested in: SGJD, LLC A COLORADO LIMITED LIABILITY COMPANY 5.The Land referred to in this Commitment is described as follows: A PARCEL OF LAND SITUATED IN SECTIONS 28, 29, 32 AND SECTION 33, TOWNSHIP 6 SOUTH, RANGE 87 WEST OF THE 6TH P.M., COUNTY OF GARFIELD, STATE OF COLORADO, SAID PARCEL OF LAND BEING MORE FULLY DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHWEST CORNER OF SAID SECTION 28, A PROPERLY MARKED STONE MONUMENT IN PLACE, THENCE N 89°40'25" E, A DISTANCE 2668.33 FEET TO THE NORTH 1/4 CORNER OF SECTION 28, A 2.5" DIAALUMINUM CAP LS NO. 38200 ON A 30" LONG NO. 6 REBAR SET IN PLACE; THENCE S 00°09'03" W, A DISTANCE 1317.90 FEET TO THE NORTH 1/16 CORNER OF SECTION 28, A 2.5" DIA, ALUMINUM CAP LS NO. 38200 ON A 30" LONG NO. 6 REBAR SET IN PLACE; THENCE N 89°27'44" E ALONG THE NORTH LINE OF THE S1/2NE1/4 OF SECTION 28, A DISTANCE 177.30 FEET TO THE COMMON LINE BETWEEN GARFIELD AND EAGLE COUNTY; THENCE S 00°17'38" W ALONG SAID COUNTY LINE, A DISTANCE 2637.78 FEET; THENCE DEPARTING SAID COUNTY LINE S 89°39'40" W, A DISTANCE 170.71 FEET TO THE SOUTH 1/16 CORNER OF SECTION 28, A 2.5" DIA ALUMINUM CAP LS NO. 38200 ON A 30" LONG NO. 6 REBAR SET IN PLACE; THENCE N 88°32'30" W, A DISTANCE 1267.17 FEET; THENCE S 09°29'13" W, A DISTANCE 478.76 FEET; THENCE S 05°34'00" W, A DISTANCE 1079.97 FEET; THENCE S 24°09'27" W, A DISTANCE 1289.36 FEET; THENCE S 28°01'21" W, A DISTANCE 833.13 FEET; THENCE N 89°46'13" W, A DISTANCE 2178.48 FEET TO A POINT ON THE NORTHERLY LINE OF A PARCEL OF LAND DESCRIBED IN THE DEED OF CONSERVATION EASEMENT IN GROSS, RECORDED AT RECEPTION NO. 740028 OF THE GARFIELD COUNTY CLERK AND RECORDER’S OFFICE; THENCE ALONG SAID NORTHERLY LINE THE FOLLOWING EIGHT (8) COURSES: 1.) THENCE S 58°13'09" W, A DISTANCE 322.99 FEET; 2.) THENCE S 10°23'19" W, A DISTANCE 67.86 FEET; 3.) THENCE S 61°09'17" W, A DISTANCE 504.23 FEET; 4.) THENCE S 89°01'52" W, A DISTANCE 109.21 FEET; 5.) THENCE S 23°24'15" W, A DISTANCE 219.91 FEET; 6.) THENCE S 30°03'07" W, A DISTANCE 197.85 FEET; 7.) THENCE S 11°30'46" W, A DISTANCE 119.87 FEET; 8.) THENCE S 37°27'24" W, A DISTANCE 518.06 FEET TO A POINT ON THE BOUNDARY LINE OF PARCEL 1, BAR LAZY Y RANCH EXEMPTION PLAT RECORDED AT RECEPTION NO. 599837 OF THE GARFIELD COUNTY CLERK AND RECORDER’S ALTA COMMITMENT Old Republic National Title Insurance Company Schedule A Order Number:ABS64006574 Copyright 2006-2023 American Land Title Association. All rights reserved. The use of this Form is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. OFFICE; THENCE ALONG SAID BOUNDARY LINE OF PARCEL 1 THE FOLLOWING THREE (3) COURSES: 1.) THENCE N 00°19'04" W, A DISTANCE 77.40 FEET; 2.) THENCE N 89°45'04" W, A DISTANCE 2172.06 FEET; 3.) THENCE N 00°14'56" E, A DISTANCE 852.47 FEET TO THE WEST 1/4 CORNER OF SAID SECTION 32 A 2.5" DIA ALUMINUM CAP LS NO. 24320 ON NO. 6 REBAR; THENCE N 00°14'56" E, ALONG THE WEST LINE OF THE SECTION 32 A DISTANCE 2639.09 FEET TO THE SECTION CORNER COMMON TO SECTIONS 29, 30, 31, 32 A 2.5" DIA ALUMINUM CAP LS NO. 38200 ON A 30" LONG NO 6 REBAR SET IN PLACE; THENCE S 88°25'44" E, ALONG THE NORTH LINE OF SAID SECTION 32, A DISTANCE 2744.25 FEET TO THE SOUTH 1/4 CORNER OF SAID SECTION 29, A PROPERLY MARKED STONE MONUMENT IN PLACE; THENCE N 00°07'41" E, A DISTANCE 2667.58 FEET TO THE CENTER 1/4 CORNER SECTION 29, A 2.5" DIA ALUMINUM CAP LAS NO 38200 ON A 30" LONG NO. 6 REBAR SET IN PLACE; THENCE N 00°07'41" E, A DISTANCE 1323.05 FEET TO THE NORTH CENTER 1/16 CORNER SECTION 29, A 2.5" DIA ALUMINUM CAP LS NO. 38200 ON A 30" LONG NO. REBAR SET IN PLACE; THENCE S 88°25'48" E, A DISTANCE 1327.81 FEET TO THE NORTHEAST 1/16 CORNER SECTION 29, A PROPERLY MARKED 2.5” DIA. ALUMINUM CAP LS NO. 31944 ON NO. 6 REBAR; THENCE N 00°00'19" W, A DISTANCE 1317.52 FEET TO THE EAST 1/16 CORNER BETWEEN SECTIONS 29 AND 20, A PROPERLY MARKED 2.5” DIA. ALUMINUM CAP LS NO. 31944 ON NO. 6 REBAR; THENCE S 88°33'54" E, A DISTANCE 1331.59 FEET TO SAID NORTHWEST CORNER OF SECTION 28, THE POINT OF BEGINNING. ALL BEARINGS RECITED HEREON ARE RELATIVE TO A BEARING OF N89°40'25”E BETWEEN THE NORTHWEST CORNER OF SAID SECTION 28, AN ORIGINAL USGLO STONE MONUMENT PROPERLY MARKED AND THE NORTHEAST CORNER OF SAID SECTION 28, A 3.25” ALUMINUM CAP LS NO. 19598. ALUMINUM CAP LS NO. 19598. LEGAL DESCRIPTION PREPARED BY: SHAWN BINION, PLS#38200 FOR/ON BEHALF OF SGM 118 W. SIXTH ST, SUITE 200 GLENWOOD SPRINGS, CO 81601 ALTA COMMITMENT Old Republic National Title Insurance Company Schedule A Order Number:ABS64006574 ALTA COMMITMENT Old Republic National Title Insurance Company Schedule B, Part I (Requirements) Order Number: ABS64006574 All of the following Requirements must be met: This proposed Insured must notify the Company in writing of the name of any party not referred to in this Commitment who will obtain an interest in the Land or who will make a loan on the Land. The Company may then make additional Requirements or Exceptions. Pay the agreed amount for the estate or interest to be insured. Pay the premiums, fees, and charges for the Policy to the Company. Documents satisfactory to the Company that convey the Title or create the Mortgage to be insured, or both, must be properly authorized, executed, delivered, and recorded in the Public Records. THIS COMMITMENT IS FOR INFORMATION ONLY, AND NO POLICY WILL BE ISSUED PURSUANT HERETO. This commitment does not republish any covenants, condition, restriction, or limitation contained in any document referred to in this commitment to the extent that the specific covenant, conditions, restriction, or limitation violates state or federal law based on race, color, religion, sex, sexual orientation, gender identity, handicap, familial status, or national origin. 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 be 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.Defects, liens, encumbrances, adverse claims or other matters, if any, created, first appearing in the public records or attaching subsequent to the effective date hereof but prior to the date of the proposed insured acquires of record for value the estate or interest or mortgage thereon covered by this Commitment. 6.(a) Taxes or assessments that are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the Public Records; (b) proceedings by a public agency that may result in taxes or assessments, or notices of such proceedings, whether or not shown by the records of such agency or by the Public Records. 7.(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. 8.EXISTING LEASES: (1) COULTER CREEK VALLEY RANCH, LLC AND NIESLANIK RANCH DATED NOVEMBER 1, 2018. (2) COULTER CREEK RANCH, LLP AND MAX MACDONELL, DATE NOVEMNER 1, 2018. 9.ROAD VIEWER REPORTS RECORDED DECEMBER 28, 1888 UNDER RECEPTION NO. 8169, NOVEMBER 20, 1897 UNDER RECEPTION NO. 20495 AND JULY 27, 1904 IN BOOK 1 AT PAGE 131. 10.ANY AND ALL RIGHTS OF ANY DITCH COMPANY RELATING TO PAT MCNULTY DITCHES #1 AND #2, WHICH TRAVERSES SUBJECT PROPERTY OR IS DESCRIBED AS A BOUNDARY OF SUBJECT PROPERTY, INCLUDING BUT NOT LIMITED TO DITCH MAINTENANCE AND ACCESS RIGHTS TO LANDS ADJOINING THE DITCHES, AS DISCLOSED BY MAP RECORDED MARCH 5, 1894 UNDER RECEPTION NO. 16968, AND ANY TERMS OR CONDITIONS THEREIN. 11.RIGHT OF THE PROPRIETOR OF A VEIN OR LODE TO EXTRACT AND REMOVE HIS ORE THEREFROM, SHOULD THE SAME BE FOUND TO PENETRATE OR INTERSECT THE PREMISES HEREBY GRANTED, AND A RIGHT OF WAY FOR DITCHES OR CANALS CONSTRUCTED BY THE AUTHORITY OF THE UNITED STATES, AS RESERVED IN UNITED STATES PATENT RECORDED APRIL 09, 1895 UNDER RECEPTION NO. 18309, MARCH 15, 1898 UNDER RECEPTION NOS. 20807 AND 20809, MARCH 29, 1910 UNDER RECEPTION NO. 39104, NOVEMBER 22, 1930 UNDER RECEPTION NO. 108527 AND FEBRUARY 16, 1940 UNDER RECEPTION NO. 138588. ALTA COMMITMENT Old Republic National Title Insurance Company Schedule B, Part II (Exceptions) Order Number: ABS64006574 12.RIGHT OF WAY FOR DITCHES OR CANALS CONSTRUCTED BY THE AUTHORITY OF THE UNITED STATES AS RESERVED IN UNITED STATES PATENT OF RECORD RECORDED NOVEMBER 22, 1930 UNDER RECEPTION NO. 108526, OCTOBER 21, 1988 UNDER RECEPTION NO. 396246 AND MARCH 6, 1992 UNDER RECEPTION NO. 432315. 13.ALL OF THE COAL AND OTHER MINERALS IN THE LANDS SO ENTERED AND PATENTED TOGETHER WITH THE RIGHT TO PROSPECT FOR, MINE AND REMOVE THE SAME AS CONTAINED IN PATENTS RECORDED NOVEMBER 22, 1930 UNDER RECEPTION NO. 108526 AND 108527 AND RECORDED FEBRUARY 16, 1940 UNDER RECEPTION NO. 138588 AND RECORDED MARCH 6, 1992 UNDER RECEPTION NO. 432315, ANY AND ALL ASSIGNMENTS THEREOF OR INTERESTS THEREIN. 14.EASEMENTS AND RIGHTS OF WAY FOR COUNTY ROADS AS CONTAINED IN MAPS AND STATEMENTS RECORDED JULY 8, 1931 UNDER RECEPTION NO. 110502. 15.EASEMENTS AND RIGHT OF WAY FOR ROADWAY AS SET FORTH IN DEED RECORDED FEBRUARY 21, 1952 UNDER RECEPTION NO. 178596. 16.TERMS, CONDITIONS, PROVISIONS, BURDENS, OBLIGATIONS AND EASEMENTS AS SET FORTH AND GRANTED IN PUBLIC SERVICE EASEMENTS RECORDED MARCH 14, 1962 UNDER RECEPTION NOS. 216884, 216885 AND 216887. 17.TERMS, CONDITIONS, PROVISIONS, BURDENS, OBLIGATIONS AND EASEMENTS AS SET FORTH AND GRANTED IN HOLY CROSS EASEMENT RECORDED JANUARY 31, 1974 UNDER RECEPTION NO. 261612. 18.TERMS, CONDITIONS, PROVISIONS, BURDENS, OBLIGATIONS AND EASEMENTS AS SET FORTH AND GRANTED IN EASEMENT CONTRACT RECORDED FEBRUARY 09, 1995 UNDER RECEPTION NO. 474288 AND ASSIGNMENT RECORDED SEPTEMBER 25, 2002 UNDER RECEPTION NO. 611323 AND AMENDED EASEMENT CONTRACT RECORDED DECEMBER 8, 1995 UNDER RECEPTION NO. 486228. 19.TERMS, CONDITIONS, PROVISIONS, BURDENS AND OBLIGATIONS AS SET FORTH IN COOPERATIVE AGREEMENT FOR DAMAGE PREVENTION FENCING RECORDED MARCH 20, 1995 UNDER RECEPTION NO. 475692. 20.TERMS, CONDITIONS, PROVISIONS, BURDENS AND OBLIGATIONS AS SET FORTH IN AGREEMENT RECORDED MARCH 02, 1995 UNDER RECEPTION NO. 475703. 21.TERMS, CONDITIONS AND PROVISIONS OF RESOLUTION NO. 95-030 RECORDED APRIL 11, 1995 UNDER RECEPTION NO. 476559. 22.NOTICE RECORDED NOVEMBER 29, 1995 UNDER RECEPTION NO. 485859. 23.TERMS, CONDITIONS, PROVISIONS, BURDENS, OBLIGATIONS AND EASEMENTS AS SET FORTH AND GRANTED IN ROAD EASEMENT AGREEMENT RECORDED SEPTEMBER 09, 2005 UNDER RECEPTION NO. 681907 AND AMENDMENT RECORDED JUNE 9, 2010 UNDER RECEPTION NO. 787038. 24.TERMS, CONDITIONS, PROVISIONS, BURDENS, OBLIGATIONS AND EASEMENTS AS SET FORTH AND GRANTED IN ROAD, UTILITY AND AGRICULTURAL EASEMENT AGREEMENTS RECORDED DECEMBER 07, 2007 UNDER RECEPTION NOS. 738844 AND AMENDMENT RECORDED JUNE 9, 2010 UNDER RECEPTION NO. 787036. 25.TERMS, CONDITIONS, PROVISIONS, BURDENS, OBLIGATIONS AND EASEMENTS AS SET FORTH AND GRANTED IN ROAD EASEMENT AGREEMENT RECORDED OCTOBER 24, 2018 UNDER RECEPTION NO. 913378. 26.TERMS, CONDITIONS, PROVISIONS, BURDENS AND OBLIGATIONS AS SET FORTH IN VIEW PLANE COVENANT RECORDED JUNE 19, 2019 UNDER RECEPTION NO. 921732. ALTA COMMITMENT Old Republic National Title Insurance Company Schedule B, Part II (Exceptions) Order Number: ABS64006574 27.EASEMENT GRANTED TO HOLY CROSS ELECTRIC ASSOCIATION, INC., FOR RIGHT OF WAY, UTILITIES, AND INCIDENTAL PURPOSES, BY INSTRUMENT RECORDED DECEMBER 09, 2019, UNDER RECEPTION NOS. 929287 AND 929288. 28.ANY RIGHTS OR INTERESTS OF THIRD PARTIES WHICH EXIST OR ARE CLAIMED TO EXIST IN AND OVER THE PRESENT AND PAST BED, BANKS OR WATERS OF WEST COULTER CREEK AND EAST COULTER CREEK, AS DISCLOSED ON MAP. THE REFERENCED DOCUMENT IS STORED IN OUR SYSTEM AS IMAGE 26362575. 29.ANY INCREASE OR DECREASE IN THE AREA OF THE LAND AND ANY ADVERSE CLAIM TO ANY PORTION OF THE LAND WHICH HAS BEEN CREATED BY OR CAUSED BY ACCRETION OR RELICTION, WHETHER NATURAL OR ARTIFICIAL; AND THE EFFECT OF THE GAIN OR LOSS OF AREA BY ACCRETION OR RELICTION UPON THE MARKETABILITY OF THE TITLE OF THE LAND. 30.TERMS, CONDITIONS, PROVISIONS, BURDENS, OBLIGATIONS AND EASEMENTS AS SET FORTH AND GRANTED IN ROAD EASEMENT AGREEMENT RECORDED SEPTEMBER 21, 2020 UNDER RECEPTION NO. 942306. 31.TERMS, CONDITIONS, PROVISIONS, BURDENS, OBLIGATIONS AND EASEMENTS AS SET FORTH AND GRANTED IN ACCESS, DEVELOPMENT AND USE AGREEMENT RECORDED OCTOBER 27, 2020 UNDER RECEPTION NO. 944303. 32.ALL WATER AND WATER RIGHTS, DITCHES AND DITCH RIGHTS AS CONVEYED IN BARGAIN AND SALE DEED AND ASSIGNMENT RECORDED OCTOBER 27, 2020 UNDER RECEPTION NO. 944307 33.ALL MINERALS, COAL, OIL, GAS AND OTHER HYDROCARBON SUBSTANCES AS CONVEYED IN DEED RECORDED OCTOBER 27, 2020 UNDER RECEPTION NO. 944308 34.TERMS, CONDITIONS, PROVISIONS, BURDENS, OBLIGATIONS AND EASEMENTS AS SET FORTH AND GRANTED IN TRENCH, CONDUIT AND VAULT AGREEMENT RECORDED JUNE 09, 2021 UNDER RECEPTION NO. 957809. 35.TERMS, CONDITIONS, PROVISIONS, BURDENS, OBLIGATIONS AND EASEMENTS AS SET FORTH AND GRANTED IN HOLY CROSS ENERGY UNDERGROUND RIGHT-OF-WAY EASEMENT RECORDED JUNE 17, 2021 UNDER RECEPTION NO. 958399. 36.TERMS, CONDITIONS, PROVISIONS, BURDENS, OBLIGATIONS AND EASEMENTS AS SET FORTH AND GRANTED IN HOLYCROSS ENERGY UNDERGROUND RIGHT-OF-WAY EASEMENT RECORDED JUNE 17, 2021 UNDER RECEPTION NO. 958399. 37.MEMORANDUM OF WATER ALLOTMENT CONTACT RECORDED SEPTEMBER 19, 2022 UNDER RECEPTION NO. 979374 38.DEED OF TRUST DATED APRIL 07, 2022, FROM SGJD, LLC A COLORADO LIMITED LIABILITY COMPANY TO THE PUBLIC TRUSTEE OF GARFIELD COUNTY, COLORADO FOR THE USE OF FIRSTBANK TO SECURE THE SUM OF $7,427,300.00 RECORDED APRIL 07, 2022, UNDER RECEPTION NO. 973189. DISBURSER'S NOTICE IN CONNECTION WITH SAID DEED OF TRUST WAS RECORDED MAY 20, 2022, UNDER RECEPTION NO. 974969. ALTA COMMITMENT Old Republic National Title Insurance Company Schedule B, Part II (Exceptions) Order Number: ABS64006574 Land Title Guarantee Company Disclosure Statements Note: Pursuant to CRS 10-11-122, notice is hereby given that: Note: Effective September 1, 1997, CRS 30-10-406 requires that all documents received for recording or filing in the clerk and recorder's office shall contain a top margin of at least one inch and a left, right and bottom margin of at least one half of an inch. The clerk and recorder may refuse to record or file any document that does not conform, except that, the requirement for the top margin shall not apply to documents using forms on which space is provided for recording or filing information at the top margin of the document. Note: Colorado Division of Insurance Regulations 8-1-2 requires that "Every title entity shall be responsible for all matters which appear of record prior to the time of recording whenever the title entity conducts the closing and is responsible for recording or filing of legal documents resulting from the transaction which was closed". Provided that Land Title Guarantee Company conducts the closing of the insured transaction and is responsible for recording the legal documents from the transaction, exception number 5 will not appear on the Owner's Title Policy and the Lenders Policy when issued. Note: Affirmative mechanic's lien protection for the Owner may be available (typically by deletion of Exception no. 4 of Schedule B, Section 2 of the Commitment from the Owner's Policy to be issued) upon compliance with the following conditions: No coverage will be given under any circumstances for labor or material for which the insured has contracted for or agreed to pay. Note: Pursuant to CRS 10-11-123, notice is hereby given: The Subject real property may be located in a special taxing district.(A) A certificate of taxes due listing each taxing jurisdiction will be obtained from the county treasurer of the county in which the real property is located or that county treasurer's authorized agent unless the proposed insured provides written instructions to the contrary. (for an Owner's Policy of Title Insurance pertaining to a sale of residential real property). (B) The information regarding special districts and the boundaries of such districts may be obtained from the Board of County Commissioners, the County Clerk and Recorder, or the County Assessor. (C) The land described in Schedule A of this commitment must be a single family residence which includes a condominium or townhouse unit. (A) No labor or materials have been furnished by mechanics or material-men for purposes of construction on the land described in Schedule A of this Commitment within the past 6 months. (B) The Company must receive an appropriate affidavit indemnifying the Company against un-filed mechanic's and material-men's liens. (C) The Company must receive payment of the appropriate premium.(D) If there has been construction, improvements or major repairs undertaken on the property to be purchased within six months prior to the Date of Commitment, the requirements to obtain coverage for unrecorded liens will include: disclosure of certain construction information; financial information as to the seller, the builder and or the contractor; payment of the appropriate premium fully executed Indemnity Agreements satisfactory to the company, and, any additional requirements as may be necessary after an examination of the aforesaid information by the Company. (E) This notice applies to owner's policy commitments disclosing that a mineral estate has been severed from the surface estate, in Schedule B-2. Note: Pursuant to CRS 10-1-128(6)(a), It is unlawful to knowingly provide false, incomplete, or misleading facts or information to an insurance company for the purpose of defrauding or attempting to defraud the company. Penalties may include imprisonment, fines, denial of insurance, and civil damages. Any insurance company or agent of an insurance company who knowingly provides false, incomplete, or misleading facts or information to a policyholder or claimant for the purpose of defrauding or attempting to defraud the policyholder or claimant with regard to a settlement or award payable from insurance proceeds shall be reported to the Colorado Division of Insurance within the Department of Regulatory Agencies. Note: Pursuant to Colorado Division of Insurance Regulations 8-1-3, notice is hereby given of the availability of a closing protection letter for the lender, purchaser, lessee or seller in connection with this transaction. Note: Pursuant to CRS 24-21-514.5, Colorado notaries may remotely notarize real estate deeds and other documents using real-time audio-video communication technology. You may choose not to use remote notarization for any document. That there is recorded evidence that a mineral estate has been severed, leased, or otherwise conveyed from the surface estate and that there is substantial likelihood that a third party holds some or all interest in oil, gas, other minerals, or geothermal energy in the property; and (A) That such mineral estate may include the right to enter and use the property without the surface owner's permission. (B) Joint Notice of Privacy Policy of Land Title Guarantee Company Land Title Guarantee Company of Summit County Land Title Insurance Corporation and Old Republic National Title Insurancy Company This Statement is provided to you as a customer of Land Title Guarantee Company as agent for Land Title Insurance Corporation and Old Republic National Title Insurance Company. We want you to know that we recognize and respect your privacy expectations and the requirements of federal and state privacy laws. Information security is one of our highest priorities. We recognize that maintaining your trust and confidence is the bedrock of our business. We maintain and regularly review internal and external safeguards against unauthorized access to your non-public personal information ("Personal Information"). In the course of our business, we may collect Personal Information about you from: applications or other forms we receive from you, including communications sent through TMX, our web-based transaction management system; your transactions with, or from the services being performed by us, our affiliates, or others; a consumer reporting agency, if such information is provided to us in connection with your transaction; and The public records maintained by governmental entities that we obtain either directly from those entities, or from our affiliates and non-affiliates. Our policies regarding the protection of the confidentiality and security of your Personal Information are as follows: We restrict access to all Personal Information about you to those employees who need to know that information in order to provide products and services to you. We may share your Personal Information with affiliated contractors or service providers who provide services in the course of our business, but only to the extent necessary for these providers to perform their services and to provide these services to you as may be required by your transaction. We maintain physical, electronic and procedural safeguards that comply with federal standards to protect your Personal Information from unauthorized access or intrusion. Employees who violate our strict policies and procedures regarding privacy are subject to disciplinary action. We regularly assess security standards and procedures to protect against unauthorized access to Personal Information. WE DO NOT DISCLOSE ANY PERSONAL INFORMATION ABOUT YOU WITH ANYONE FOR ANY PURPOSE THAT IS NOT STATED ABOVE OR PERMITTED BY LAW. Consistent with applicable privacy laws, there are some situations in which Personal Information may be disclosed. We may disclose your Personal Information when you direct or give us permission; when we are required by law to do so, for example, if we are served a subpoena; or when we suspect fraudulent or criminal activities. We also may disclose your Personal Information when otherwise permitted by applicable privacy laws such as, for example, when disclosure is needed to enforce our rights arising out of any agreement, transaction or relationship with you. Our policy regarding dispute resolution is as follows: Any controversy or claim arising out of or relating to our privacy policy, or the breach thereof, shall be settled by arbitration in accordance with the rules of the American Arbitration Association, and judgment upon the award rendered by the arbitrator(s) may be entered in any court having jurisdiction thereof. Commitment For Title Insurance Issued by Old Republic National Title Insurance Company NOTICE IMPORTANT—READ CAREFULLY: THIS COMMITMENT IS AN OFFER TO ISSUE ONE OR MORE TITLE INSURANCE POLICIES. ALL CLAIMS OR REMEDIES SOUGHT AGAINST THE COMPANY INVOLVING THE CONTENT OF THIS COMMITMENT OR THE POLICY MUST BE BASED SOLELY IN CONTRACT. THIS COMMITMENT IS NOT AN ABSTRACT OF TITLE, REPORT OF THE CONDITION OF TITLE, LEGAL OPINION, OPINION OF TITLE, OR OTHER REPRESENTATION OF THE STATUS OF TITLE. THE PROCEDURES USED BY THE COMPANY TO DETERMINE INSURABILITY OF THE TITLE, INCLUDING ANY SEARCH AND EXAMINATION, ARE PROPRIETARY TO THE COMPANY, WERE PERFORMED SOLELY FOR THE BENEFIT OF THE COMPANY, AND CREATE NO EXTRACONTRACTUAL LIABILITY TO ANY PERSON, INCLUDING A PROPOSED INSURED. THE COMPANY’S OBLIGATION UNDER THIS COMMITMENT IS TO ISSUE A POLICY TO A PROPOSED INSURED IDENTIFIED IN SCHEDULE A IN ACCORDANCE WITH THE TERMS AND PROVISIONS OF THIS COMMITMENT. THE COMPANY HAS NO LIABILITY OR OBLIGATION INVOLVING THE CONTENT OF THIS COMMITMENT TO ANY OTHER PERSON. . COMMITMENT TO ISSUE POLICY Subject to the Notice; Schedule B, Part I—Requirements; Schedule B, Part II—Exceptions; and the Commitment Conditions, Old Republic National Title Insurance Company, a Minnesota corporation (the “Company”), commits to issue the Policy according to the terms and provisions of this Commitment. This Commitment is effective as of the Commitment Date shown in Schedule A for each Policy described in Schedule A, only when the Company has entered in Schedule A both the specified dollar amount as the Proposed Policy Amount and the name of the Proposed Insured. If all of the Schedule B, Part I—Requirements have not been met within 6 months after the Commitment Date, this Commitment terminates and the Company’s liability and obligation end. COMMITMENT CONDITIONS 1. DEFINITIONS 2. If all of the Schedule B, Part I—Requirements have not been met within the time period specified in the Commitment to Issue Policy, Commitment terminates and the Company’s liability and obligation end. 3. The Company’s liability and obligation is limited by and this Commitment is not valid without: 4. COMPANY’S RIGHT TO AMEND The Company may amend this Commitment at any time. If the Company amends this Commitment to add a defect, lien, encumbrance, adverse claim, or other matter recorded in the Public Records prior to the Commitment Date, any liability of the Company is limited by Commitment Condition 5. The Company shall not be liable for any other amendment to this Commitment. 5. LIMITATIONS OF LIABILITY i. comply with the Schedule B, Part I—Requirements; ii. eliminate, with the Company’s written consent, any Schedule B, Part II—Exceptions; or iii. acquire the Title or create the Mortgage covered by this Commitment. 6. LIABILITY OF THE COMPANY MUST BE BASED ON THIS COMMITMENT “Knowledge” or “Known”: Actual or imputed knowledge, but not constructive notice imparted by the Public Records.(a) “Land”: The land described in Schedule A and affixed improvements that by law constitute real property. The term “Land” does not include any property beyond the lines of the area described in Schedule A, nor any right, title, interest, estate, or easement in abutting streets, roads, avenues, alleys, lanes, ways, or waterways, but this does not modify or limit the extent that a right of access to and from the Land is to be insured by the Policy. (b) “Mortgage”: A mortgage, deed of trust, or other security instrument, including one evidenced by electronic means authorized by law.(c) “Policy”: Each contract of title insurance, in a form adopted by the American Land Title Association, issued or to be issued by the Company pursuant to this Commitment. (d) “Proposed Insured”: Each person identified in Schedule A as the Proposed Insured of each Policy to be issued pursuant to this Commitment.(e) “Proposed Policy Amount”: Each dollar amount specified in Schedule A as the Proposed Policy Amount of each Policy to be issued pursuant to this Commitment. (f) “Public Records”: Records established under state statutes at the Commitment Date for the purpose of imparting constructive notice of matters relating to real property to purchasers for value and without Knowledge. (g) “Title”: The estate or interest described in Schedule A.(h) the Notice;(a) the Commitment to Issue Policy;(b) the Commitment Conditions;(c) Schedule A;(d) Schedule B, Part I—Requirements; and(e) Schedule B, Part II—Exceptions; and(f) a counter-signature by the Company or its issuing agent that may be in electronic form.(g) The Company’s liability under Commitment Condition 4 is limited to the Proposed Insured’s actual expense incurred in the interval between the Company’s delivery to the Proposed Insured of the Commitment and the delivery of the amended Commitment, resulting from the Proposed Insured’s good faith reliance to: (a) The Company shall not be liable under Commitment Condition 5(a) if the Proposed Insured requested the amendment or had Knowledge of the matter and did not notify the Company about it in writing. (b) The Company will only have liability under Commitment Condition 4 if the Proposed Insured would not have incurred the expense had the Commitment included the added matter when the Commitment was first delivered to the Proposed Insured. (c) The Company’s liability shall not exceed the lesser of the Proposed Insured’s actual expense incurred in good faith and described in Commitment Conditions 5(a)(i) through 5(a)(iii) or the Proposed Policy Amount. (d) The Company shall not be liable for the content of the Transaction Identification Data, if any.(e) In no event shall the Company be obligated to issue the Policy referred to in this Commitment unless all of the Schedule B, Part I—Requirements have been met to the satisfaction of the Company. (f) In any event, the Company’s liability is limited by the terms and provisions of the Policy.(g) Only a Proposed Insured identified in Schedule A, and no other person, may make a claim under this Commitment.(a) Any claim must be based in contract and must be restricted solely to the terms and provisions of this Commitment.(b) Until the Policy is issued, this Commitment, as last revised, is the exclusive and entire agreement between the parties with respect to the subject matter of this Commitment and supersedes all prior commitment negotiations, representations, and proposals of any kind, whether written or oral, express or implied, relating to the subject matter of this Commitment. (c) 7. IF THIS COMMITMENT HAS BEEN ISSUED BY AN ISSUING AGENT The issuing agent is the Company’s agent only for the limited purpose of issuing title insurance commitments and policies. The issuing agent is not the Company’s agent for the purpose of providing closing or settlement services. 8. PRO-FORMA POLICY The Company may provide, at the request of a Proposed Insured, a pro-forma policy illustrating the coverage that the Company may provide. A pro-forma policy neither reflects the status of Title at the time that the pro-forma policy is delivered to a Proposed Insured, nor is it a commitment to insure. 9. ARBITRATION The Policy contains an arbitration clause. All arbitrable matters when the Proposed Policy Amount is $2,000,000 or less shall be arbitrated at the option of either the Company or the Proposed Insured as the exclusive remedy of the parties. A Proposed Insured may review a copy of the arbitration rules at http://www.alta.org/arbitration. IN WITNESS WHEREOF, Land Title Insurance Corporation has caused its corporate name and seal to be affixed by its duly authorized officers on the date shown in Schedule A to be valid when countersigned by a validating officer or other authorized signatory. Issued by: Land Title Guarantee Company 3033 East First Avenue Suite 600 Denver, Colorado 80206 303-321-1880 Craig B. Rants, Senior Vice President This page is only a part of a 2016 ALTA® Commitment for Title Insurance issued by Old Republic National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I—Requirements; and Schedule B, Part II —Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form. Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. The deletion or modification of any Schedule B, Part II—Exception does not constitute an agreement or obligation to provide coverage beyond the terms and provisions of this Commitment or the Policy. (d) Any amendment or endorsement to this Commitment must be in writing and authenticated by a person authorized by the Company.(e) When the Policy is issued, all liability and obligation under this Commitment will end and the Company’s only liability will be under the Policy.(f)