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PZ - Title Insurance ALTA COMMITMENT FOR TITLE INSURANCE Commitment Number: Issued By: m Fidelity National Title' 34602234263 I21sura11ce Company Revision 1 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, Fidelity National Title Insurance Company, a Florida 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 one hundred eighty (180) days after the Commitment Date, this Commitment terminates and the Company's liability and obligation end. Fidelity National Title Insurance Company By: Michael J. Nolan, President Countersigned By: Attest: Sandee Balmer, Commercial Title Officer Marjorie Nemzura, Secretary Authorized Officer or Agent This page is only a part of a 2016 ALTA@ Commitment for Title Insurance issued by Fidelity National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A;Schedule 8, Part 1-Requirements; Schedule 8, Part II-Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form. AMECopyright American Land Title Association. All rights reserved. LAND CAN �N rIrLE 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. IV ALTA Commitment for Title Insurance(08/01/2016) Printed: 10.03.22 @ 04:43 PM Page 1 ID-FT-FXEA-03460.216263-SPS-1-22-34602234263 COMMITMENT NO. 34602234263 FIDELITY NATIONAL TITLE INSURANCE COMPANY REVISION 1 Transaction Identification Data for reference only: ISSUING OFFICE: FOR SETTLEMENT INQUIRIES, CONTACT: Title Officer: Sandee Balmer Escrow Officer: Kim Yelm Fidelity National Title Company Fidelity National Title Company 485 East Riverside Dr., Suite 200 485 East Riverside Dr., Suite 200 Eagle, ID 83616 Eagle, ID 83616 Phone: 208-333-3576 Phone: 208-333-3580 Fax: 844-636-1380 Main Phone: (208)377-3190 Main Phone: (208)377-3190 Email: Sandee.Balmer@fnf.com Email: Kim.Yelm@fnf.com Order Number: 34602234263 Property Address: 3103 W Milano Drive, Meridian, ID 83646 SCHEDULE A 1. Commitment Date: September 27, 2022 at 07:30 AM 2. Policy to be issued: (a) ALTA Owner's Policy 2021 Standard Proposed Insured: Purchaser with contractual rights under a purchase agreement with the vested owner identified at Item 4 below Proposed Policy Amount: $0.00 Premium: $ 0.00 Total: $ 0.00 3. The estate or interest in the Land described or referred to in this Commitment is: Fee Simple 4. The Title is, at the Commitment Date, vested in: NWDC Ten Mile, LLC, an Idaho limited liability company 5. The Land is described as follows: SEE EXHIBIT "A"ATTACHED HERETO AND MADE A PART HEREOF END OF SCHEDULE A This page is only a part of a 2016 ALTA@ Commitment for Title Insurance issued by Fidelity National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A;Schedule 8, Part 1-Requirements; Schedule 8, Part II-Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form. AMECopyright American Land Title Association. All rights reserved. LAND CAN �N rIrLE 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. IV ALTA Commitment for Title Insurance(08/01/2016) Printed: 10.03.22 @ 04:43 PM Page 2 ID-FT-FXEA-03460.216263-SPS-1-22-34602234263 EXHIBIT "A" Legal Description For APN/Parcel ID(s): R9010680055 NW DC Parcel C1 A parcel of land being a portion of Parcels B and C as shown on Record of Survey No. 12081, located in the SW1/4 of Section 26, TAN., RAW., Boise-Meridian, City of Meridian, Ada County, Idaho, more particularly described as follows: BEGINNING at the Southwest corner of said Parcel C from which the Southwest corner of said Parcel B bears N. 00°21'46" E., a distance of 171.03 feet; thence On the West line of said Parcel C also being the right of way line of Ten Mile Road, N. 00°21'46" E. a distance of 84.73 feet; thence S. 89°56'53" E. a distance of 110.32 feet; thence S. 00°03'07" W. a distance of 12.27 feet; thence S. 89°57'08" E. a distance of 186.83 feet to a point on the East line of said Parcel C; thence On the East line of said Parcel C, S. 00°03'27" E. a distance of 71.91 feet to the Southeast corner of said Parcel C; thence On the South line of said Parcel C, S. 89°56'33"W. a distance of 297.75 feet to the POINT OF BEGINNING. This page is only a part of a 2016 ALTA@ Commitment for Title Insurance issued by Fidelity National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A;Schedule 8, Part 1-Requirements; Schedule B, Part II-Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form. AMECopyright American Land Title Association. All rights reserved. LAND CAN �N rIrLE 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. IV ALTA Commitment for Title Insurance(08/01/2016) Printed: 10.03.22 @ 04:43 PM Page 3 ID-FT-FXEA-03460.216263-SPS-1-22-34602234263 COMMITMENT NO. 34602234263 FIDELITY NATIONAL TITLE INSURANCE COMPANY REVISION 1 SCHEDULE B, PART I REQUIREMENTS All of the following Requirements must be met: 1. The 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. 2. Pay the agreed amount for the estate or interest to be insured. 3. Pay the premiums, fees, and charges for the Policy to the Company. 4. 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. 5. The Company reserves the right to impose additional requirements or add exceptions that may become necessary once the terms of this transaction have been disclosed and/or upon review of this commitment by underwriting counsel. 6. The Company will require a copy of any amendment or revision to the original articles of incorporation or operating agreement for review prior to the issuance of any title insurance predicated upon a conveyance or encumbrance from the entity named below. Limited Liability Company: Northwest Development Companies, LLC The Company reserves the right to add additional items or make further requirements after review of the requested documentation. 7. For each policy to be issued as identified in Schedule A, Item 2, the Company shall not be liable under this commitment until it receives a designation of a Proposed Insured, acceptable to the Company. As provided in Commitment Condition 4, the Company may amend this commitment to add, among other things, additional exceptions or requirements after the designation of the Proposed Insured. 8. With any request for Owner's Extended Coverage the Company will require an ALTA/NSPS LAND TITLE SURVEY. If the owner of the Land the subject of this transaction is in possession of a current ALTA/NSPS LAND TITLE SURVEY, the Company will require that said survey be submitted for review and approval; otherwise, a new survey, satisfactory to the Company, must be prepared by a licensed land surveyor and supplied to the Company prior to the close of escrow. 9. Please be advised that our search did not disclose any open Deeds of Trust of record. If you should have knowledge of any outstanding obligation, please contact the Title Department immediately for further review prior to closing. END OF SCHEDULE B, PART I This page is only a part of a 2016 ALTA@ Commitment for Title Insurance issued by Fidelity National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A;Schedule 8, Part 1-Requirements; Schedule B, Part II-Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form. AMECopyright American Land Title Association. All rights reserved. LAND CAN �N rIrLE 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. IV ALTA Commitment for Title Insurance(08/01/2016) Printed: 10.03.22 @ 04:43 PM Page 4 ID-FT-FXEA-03460.216263-SPS-1-22-34602234263 COMMITMENT NO. 34602234263 FIDELITY NATIONAL TITLE INSURANCE COMPANY REVISION 1 SCHEDULE B, PART II EXCEPTIONS THIS COMMITMENT DOES NOT REPUBLISH ANY COVENANT, CONDITION, RESTRICTION, OR LIMITATION CONTAINED IN ANY DOCUMENT REFERRED TO IN THIS COMMITMENT TO THE EXTENT THAT THE SPECIFIC COVENANT, CONDITION, RESTRICTION, OR LIMITATION VIOLATES STATE OR FEDERAL LAW BASED ON RACE, COLOR, RELIGION, SEX, SEXUAL ORIENTATION, GENDER IDENTITY, HANDICAP, FAMILIAL STATUS, OR NATIONAL ORIGIN. The Policy will not insure against loss or damage resulting from the terms and provisions of any lease or easement identified in Schedule A, and will include the following Exceptions unless cleared to the satisfaction of the Company: GENERAL EXCEPTIONS 1. Any facts, rights, interests, or claims that are 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 not shown by the Public Records. 5. (a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (c) Indian treaty or aboriginal rights, including, but not limited to, easements or equitable servitudes; or, (d)water rights, claims or title to water, whether or not the matters excepted under (a), (b), (c)or(d) are shown by the public records. 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. Any service, installation, connection, maintenance or construction charges for sewer, water, electricity, or garbage collection or disposal or other utilities unless shown as an existing lien by the public records. 8. Any defect, lien, encumbrance, adverse claim, or other matter that appears for the first time in the Public Records or is created, attaches, or is disclosed between the Commitment Date and the date on which all of the Schedule B, Part I—Requirements are met. Paragraphs 1 through 8 will not appear as printed exceptions on extended coverage loan policies, except as to such parts thereof which may be typed as shown below. SPECIAL EXCEPTIONS 9. Water rights, claims or title to water, whether or not disclosed by the Public Records. This page is only a part of a 2016 ALTA@ Commitment for Title Insurance issued by Fidelity National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A;Schedule 8, Part 1-Requirements; Schedule B, Part II-Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form. AMECopyright American Land Title Association. All rights reserved. LAND CAN �N rIrLE 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. IV ALTA Commitment for Title Insurance(08/01/2016) Printed: 10.03.22 @ 04:43 PM Page 5 ID-FT-FXEA-03460.216263-SPS-1-22-34602234263 COMMITMENT NO. 34602234263 FIDELITY NATIONAL TITLE INSURANCE COMPANY REVISION 1 SCHEDULE B, PART II EXCEPTIONS (continued) 10. Unpatented mining claims; reservations or exceptions in patents or in Acts authorizing the issuance thereof. 11. Any off record facts, encumbrances, easements or possessory claims, a survey or inspection would disclose. 12. Property taxes, which are a lien not yet due and payable, including any assessments collected with taxes to be levied for the fiscal year 2022. 13. Property taxes which may be assessed and extended on any "subsequent" or "occupancy" tax roll for the current year and any previous years with respect to improvements completed which may have escaped assessment on the regular tax roll. 14. Liens, levies and assessments of the CITY OF MERIDIAN. 15. Liens and assessments of the SETTLERS IRRIGATION DISTRICT, and the rights, powers and easements of said district as by law provided. 16. Levies and assessments of any Master or Local Association. 17. Easements, reservations, restrictions and dedication, if any, as shown on the official plat of the Amended Plat of Verona Subdivision No. 4, as filed in Book 102 at Pages 13476 and 13477, of Official Records. 18. Easement(s)for the purpose(s) shown below and rights incidental thereto, as granted in a Grant of Waterline Easement. Granted to: The City of Meridian Purpose: 23' Water Line Easement Recording Date: February 22, 2001 Recording No: 101015268 19. Easement(s)for the purpose(s) shown below and rights incidental thereto, as granted in a Public Right of Way Easement. Granted to: Ada County Highway District Purpose: 25' Sidewalk Easement Recording Date: August 6, 2008 Recording No: 108089570 20. Easement(s)for the purpose(s) shown below and rights incidental thereto, as granted in a Water Main Easement. Granted to: The City of Meridian Purpose: Water Easement No. 1 Recording Date: September 9, 2008 Recording No: 108101155 This page is only a part of a 2016 ALTA@ Commitment for Title Insurance issued by Fidelity National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A;Schedule 8, Part 1-Requirements; Schedule B, Part II-Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form. Copyright American Land Title Association. All rights reserved. AMER""" A-CIATION 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. jk ALTA Commitment for Title Insurance(08/01/2016) Printed: 10.03.22 @ 04:43 PM Page 6 ID-FT-FXEA-03460.216263-SPS-1-22-34602234263 COMMITMENT NO. 34602234263 FIDELITY NATIONAL TITLE INSURANCE COMPANY REVISION 1 SCHEDULE B, PART II EXCEPTIONS (continued) 21. Covenants, conditions and restrictions but omitting any covenants or restrictions, if any, including but not limited to those based upon race, color, religion, sex, sexual orientation, familial status, marital status, disability, handicap, national origin, ancestry, source of income, gender, gender identity, gender expression, medical condition or genetic information, as set forth in applicable state or federal laws, except to the extent that said covenant or restriction is permitted by applicable law, as set forth in the Amended and Restated Supplemental Declaration of Covenants, Conditions and Restrictions for Verona Four Recording Date: October 8, 2019 Recording No: 2019-097520 22. Terms and conditions set forth in that certain Declaration of Restrictions (Three Corners) Declarant: Primeland Investment Group, LLC, an Idaho limited liability company and Bridgetower Owners Association, LLC Recorded: September 8, 2010 Instrument No: 110083538 23. Matters as disclosed by Record of Survey No. 12081 Recorded: November 6, 2019 Instrument No: 2019-110665, of Official Records. Matters Shown: A 25' Landscape Buffer, Pressure Irrigation, ACHD Sidewalk Easement and Water Easement 24. Terms, conditions, provisions, easements and obligations set forth in that certain Development Agreement Between: The City of Meridian and Prime Desert Properties Recorded: April 9, 2020 Instrument No: 2020-040967, of Official Records. 25. Matters as disclosed by Lot Line Adjustment Record of Survey No. 12991 Recorded: July 27, 2021 Instrument No: 2021-111621, of Official Records. Purpose: To adjust the property line North Matters Shown: A 25' Landscape Buffer, Pressure Irrigation, ACHD Sidewalk Easement and Water Easement 26. Terms, conditions, provisions, easements and obligations set forth in that certain Irrigation System Sharing Agreement and Access and Utility Easement Between: NWDC Ten Mile LLC, an Idaho limited liability company and SGRS LLC, an Idaho limited liability company, as tenants in common, and Bridgetower Owners Association LLC, an Idaho limited liability company Recorded: September 1, 2021 Instrument No: 2021-129578, of Official Records. This page is only a part of a 2016 ALTA@ Commitment for Title Insurance issued by Fidelity National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A;Schedule 8, Part 1-Requirements; Schedule B, Part II-Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form. AMECopyright American Land Title Association. All rights reserved. LAND CAN �N rIrLE 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. IV ALTA Commitment for Title Insurance(08/01/2016) Printed: 10.03.22 @ 04:43 PM Page 7 ID-FT-FXEA-03460.216263-SPS-1-22-34602234263 COMMITMENT NO. 34602234263 FIDELITY NATIONAL TITLE INSURANCE COMPANY REVISION 1 SCHEDULE B, PART II EXCEPTIONS (continued) 27. Terms, conditions, provisions, easements and obligations set forth in that certain Additional Declaration of Covenants and Restrictions for a portion of Amended Plat of Verona Subdivision Executed By: NWDC Ten Mile LLC, an Idaho limited liability company and SGRS LLC, an Idaho limited liability company Recorded: September 1, 2021 Instrument No: 2021-129579, of Official Records. 28. Terms, conditions, provisions, easements and obligations set forth in that certain Water Line Easement and Private Agreement Regarding CCR'S Between: NWDC Ten Mile LLC, an Idaho limited liability company, SGRS LLC, an Idaho limited liability company and Boise Capital LLC, a Texas limited liability company Recorded: September 2, 2021 Instrument No: 2021-130588, of Official Records. 29. Terms, conditions, provisions, easements and obligations set forth in that certain Declaration of Use Restrictions for a portion of Amended Plat of Verona Subdivision No. 4 Between: NWDC Ten Mile LLC, an Idaho limited liability company, SGRS LLC, an Idaho limited liability company and B & S Investments, LLC, an Idaho limited liability company Recorded: September 30, 2021 Instrument No: 2021-142955, of Official Records. 30. Unrecorded leaseholds, if any; rights of parties in possession other than the vestees herein; rights of chattel mortgagees and vendors under conditional sales contracts of personal property installed on the premises herein; and the rights of tenants to remove trade fixtures. 31. Matters as disclosed by Record of Survey No. 13589 Recorded: August 22, 2022 Instrument No: 2022-073676, of Official Records. END OF EXCEPTIONS NOTES Note A: NOTE: According to the records of the County Assessor's office Source Parcel No.: R9010680051 Code Area: 03 General Taxes for the year 2021 were $2,085.28 - Paid NEW TAX PARCEL NO. FOR 2023: R9010680055 PARCEL C1 This page is only a part of a 2016 ALTA@ Commitment for Title Insurance issued by Fidelity National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A;Schedule 8, Part 1-Requirements; Schedule B, Part II-Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form. AMECopyright American Land Title Association. All rights reserved. LAND CAN �N rIrLE 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. IV ALTA Commitment for Title Insurance(08/01/2016) Printed: 10.03.22 @ 04:43 PM Page 8 ID-FT-FXEA-03460.216263-SPS-1-22-34602234263 COMMITMENT NO. 34602234263 FIDELITY NATIONAL TITLE INSURANCE COMPANY REVISION 1 SCHEDULE B, PART II EXCEPTIONS (continued) Note B: Note: The last conveyance(s) affecting said Land as of the date of this report are as follows: Special Warranty Deed Grantor: NWDC Ten Mile, LLC, an Idaho limited liability company and SGRS LLC, an Idaho limited liability company Grantee: NWDC Ten Mile, LLC, an Idaho limited liability company Recording Date: January 5, 2022 Recording No: 2022-001402 Special Warranty Deed Grantor: B & S Investments, LLC, an Idaho limited liability company Grantee: NWDC Ten Mile, LLC, an Idaho limited liability company Recording Date: August 22, 2022 Recording No: 2022-073681 Parcel C1 Note C: NOTE: Pursuant to the State of Idaho Insurance Regulations, a cancellation fee is to be charged on all cancelled orders. Unless otherwise advised, orders will be considered cancelled six months after the effective date on the commitment. The amount of the fee assessed shall be in accordance with our rate filing with the Idaho Department of Insurance. Note D: NOTE: The Policy or Policies of insurance may contain a clause permitting arbitration of claims at the request of either the Insured or the Company. Upon request, the Company will provide a copy of this clause and the accompanying arbitration rules prior to the closing of the transaction. Note E: NOTE: We have searched our records for judgments or liens that may affect the title to the land described in Schedule A, to include judgments or liens against TBD. As of the effective date of this commitment we find none, EXCEPT as may be shown as an exception in Schedule B. END OF NOTES END OF SCHEDULE B, PART II This page is only a part of a 2016 ALTA@ Commitment for Title Insurance issued by Fidelity National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A;Schedule 8, Part 1-Requirements; Schedule B, Part II-Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form. AMECopyright American Land Title Association. All rights reserved. LAND CAN �N rIrLE 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. IV ALTA Commitment for Title Insurance(08/01/2016) Printed: 10.03.22 @ 04:43 PM Page 9 ID-FT-FXEA-03460.216263-SPS-1-22-34602234263 COMMITMENT NO. 34602234263 FIDELITY NATIONAL TITLE INSURANCE COMPANY REVISION 1 COMMITMENT CONDITIONS 1. DEFINITIONS (a) "Knowledge"or"Known": Actual or imputed knowledge,but not constructive notice imparted by the Public Records. (b) "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. (c) "Mortgage": A mortgage,deed of trust,or other security instrument, including one evidenced by electronic means authorized by law. (d) "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. (e) "Proposed Insured": Each person identified in Schedule A as the Proposed Insured of each Policy to be issued pursuant to this Commitment. (f) "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. (g) "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. (h) "Title": The estate or interest described in Schedule A. 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, this Commitment terminates and the Companys liability and obligation end. 3. The Companys liability and obligation is limited by and this Commitment is not valid without: (a) the Notice; (b) the Commitment to Issue Policy; (c) the Commitment Conditions; (d) Schedule A; (e) Schedule B,Part I-Requirements; (f) Schedule B,Part II-Exceptions;and (g) a counter-signature by the Company or its issuing agent that may be in electronic form. 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 (a) The Companys liability under Commitment Condition 4 is limited to the Proposed Insured's actual expense incurred in the interval between the Companys 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: (i) comply with the Schedule B,Part I-Requirements; (ii) eliminate,with the Companys written consent,any Schedule B,Part II-Exceptions;or (iii) acquire the Title or create the Mortgage covered by this Commitment. (b) 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. (c) 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. (d) 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. (e) The Company shall not be liable for the content of the Transaction Identification Data, if any. (f) 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. (g) In any event,the Companys liability is limited by the terms and provisions of the Policy. 6. LIABILITY OF THE COMPANY MUST BE BASED ON THIS COMMITMENT (a) Only a Proposed Insured identified in Schedule A,and no other person,may make a claim under this Commitment. This page is only a part of a 2016 ALTA@ Commitment for Title Insurance issued by Fidelity 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 1-Requirements; Schedule B, Part II-Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form. AMECopyright American Land Title Association. All rights reserved. LAND CAN �N rIrLE 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. IV ALTA Commitment for Title Insurance(08/01/2016) Printed: 10.03.22 @ 04:43 PM Page 10 ID-FT-FXEA-03460.216263-SPS-1-22-34602234263 COMMITMENT NO. 34602234263 FIDELITY NATIONAL TITLE INSURANCE COMPANY REVISION 1 (continued) (b) Any claim must be based in contract and must be restricted solely to the terms and provisions of this Commitment. (c) 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. (d) 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. (e) Any amendment or endorsement to this Commitment must be in writing and authenticated by a person authorized by the Company. (f) 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. 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 Two Million And No/100 Dollars($2,000,000.00)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. END OF CONDITIONS This page is only a part of a 2016 ALTA@ Commitment for Title Insurance issued by Fidelity National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A;Schedule 8, Part 1-Requirements; Schedule B, Part II-Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form. AMECopyright American Land Title Association. All rights reserved. LAND CAN �N rIrLE 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. IV ALTA Commitment for Title Insurance(08/01/2016) Printed: 10.03.22 @ 04:43 PM Page 11 ID-FT-FXEA-03460.216263-SPS-1-22-34602234263