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Warranty DeedA0770084 ST/LSD ADA COUNTY RECORDER J. DAVID NAVARRO AMOUNT 15.00 BOISE IDAHO 10/29/07 0238 PM DEPUTY Vick]Allen IIII II'IIIII'IIII'I'IIIIII'I'I�II�II RECORDED -REQUEST OF Title One 107147267 SPECIAL WARRANTY DEED FOR VALUE RECEIVED, LOUISIANA-PACIFIC CORPORATION, a Delaware corporation ("Grantor"), does hereby grant, bargain, sell and convey to MERIDIAN INVESTMENTS, LLC, an Idaho Limited Liability Company ("Grantee"), the real property in Ada County, State of Idaho, described on Exhibit A attached hereto ("Property"). TO.HAVE AND TO HOLD the Property, together with all water and water rights, ditch or irrigation company shares, streets, alleys and rights of way adjacent thereto, all mineral rights appurtenant thereto, and all and singular the tenements, hereditaments, and appurtenances thereunto belonging or in anywise appertaining, the reversion and reversions, remainder and remainders, rents, issues, and profits thereof; and all estate, right, title, and interest in and to the Property, as well in law as in equity unto the Grantee, its successors and assigns forever. Grantor hereby covenants to and with Grantee that Grantor is the owner in fee simple of the Property; that the Property is free of encumbrances except for the matters referred to on Exhibit B; and that Grantor shall warrant and forever defend all and singular the Property unto the Grantee and Grantee's successors, heirs and assigns, as the case may be, against every person whomsoever lawfully claiming, or to claim the same, or any part thereof, by, through or under Grantor, but not otherwise. Dated the ;th day of October 2007. Wok Send tax statements to: Meridian Investments, LLC 56 EXCHANGE TERRACE PROVIDENCE, RI 02903 LOUISIANA-PACIFIC CORPORATION, Name: Michael E. Title: Director of Business Development and Investor Relations STATE OF� ) ss. County of ) � STATE G �Q OF TENNESSEE o NOTARY PUBLIC c�I The foregoing instrument was acknowledged before me on this day of 2007, by Michael E. Kinney who is the Director of Business Development and Investor Relations of Louisiana-Pacific Corpo n, on be alf of company. No ry P blic, State of c My Commission Expires: My Commission Exp. duly 19, 2008 EXHIBIT "A" PROPERTY DESCRIPTION Parcel A: That portion of the West 1/2 of the Southeast 1/4 of Section 12, Township 3 North, Range 1 West, Boise Meridian, Ada County, Idaho, described as follows: BEGINNING at a point 25 feet North 0 degree 06' East and 710 feet East of the quarter section corner between Sections 12 and 13, Township 3 North, Range 1 West of the Boise Meridian; thence North 0 degree 06' East, 1408.6 feet to a point on the south boundary of the right-of-way of the U.P.R.R.; thence South 89 degrees 00' East along the south boundary of the right-of-way of the U.P.R.R., 310 feet; thence South 0 degree 06' West, 1403.4 feet to a point; thence West 310 feet to the PLACE OF BEGINNING. Except the south 290 feet of the west 150 feet thereof. Parcel B: All that portion of the West 1/2 of the Southeast 1/4 of Section 12, Township 3 North, Range 1 West of the Boise Meridian, Ada County, Idaho described as follows: BEGINNING at a point 25 feet North 0 degree 06' East and 1020 feet East of the quarter section corner between Sections 12 and 13; thence North 0 degree 06' East, 1403.4 feet to a point on the south boundary of the right-of-way of the U.P.R.R.; thence South 89 degrees 00' East along said line 315 feet to the east line of the West 1/2 of the Southeast 1/4 ; thence South 0 degree 19' West along said line, 1398 feet to a point 25 feet North of the south line of said subdivision; thence West 309 feet to the PLACE OF BEGINNING. Except from parcels A and B any portion thereof, which may lie within the Right -of -Way for U.S. Highway No. 30 (Franklin Road) (End of Exibit "A") Exhibit"A' Property Description EXHIBIT B Taxes, including any assessments collected therewith, for the year 2007 which are a lien not yet due and payable. The land described herein is located within the boundaries of City of Meridian (208-888-4433) and is subject to any assessments levied thereby. None are due and payable. The land described herein is located within the boundaries of Nampa -Meridian Irrigation District (208-466-7861) and is subject to any assessments levied thereby. None are due and payable. Note: The land is excluded from the assessment rolls of the District for purposes of irrigation but not for purposes of drainage as set forth in Resolution for Order of Exclusion recorded March 8, 1991 as Instrument No.: 9111751, records of Ada County, Idaho. An easement for the purpose shown below and rights incidental thereto as set forth in a document. Granted to: Idaho Power Company, a corporation Purpose: Public Utilities Recorded: may 26, 1950 Instrument No.: 302152 Book 22 of Miscellaneous Records at Page 522, records of Ada County, Idaho. An easement for the purpose shown below and rights incidental thereto as set forth in a document. Granted to: Idaho Power Company, a corporation Purpose: Public Utilities Recorded: May 26, 1950 Instrument No.: 302172 Book 22 of Miscellaneous Records at Page 542, records of Ada County, Idaho. An easement for the purpose shown below and rights incidental thereto as set forth in a document. Granted to: Idaho Power Company, a corporation Purpose: Public Utilities Recorded: August 2, 1972 Instrument No.: 815939 An easement for the purpose shown below and rights incidental thereto as set forth in a document. Granted to: Idaho Power Company, a corporation Purpose: Public Utilities Recorded: July 29, 1998 Instrument No.: 98072355 An easement for the purpose shown below and rights incidental thereto as set forth in a document. Granted to: Idaho Power Company, a corporation Purpose: Public Utilities Recorded: July 29,1998 Instrument No.: 98072356 An easement for the purpose shown below and rights incidental thereto as set forth in a document. Granted to: Idaho Power Company, a corporation Purpose: Public Utilities Recorded: May 19, 1999 Instrument No.: 99050413 All matters, and any rights, easements, interests or claims which may exist by reason thereof, disclosed by an ALTA Survey made by J-U-B Engineers, Inc. on October 25, 2007, designated Project No. RMI3i10-07-120: a.) encroachment upon an Idaho Power Company Easement recorded May 19, 1999 as Instrument No. 99050413 by the Strandex Production Storage Building;