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HomeMy WebLinkAboutContracts & Agreements_96A-2019 � ={r ALTA Commitment for Title Insurance .:41ylktz First American ISSUED BY Commitment First American Title Insurance Company File No NCS-984581-ONT1 COMMITMENT FOR TITLE INSURANCE Issued By FIRST AMERICAN 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, First American Title Insurance Company, a Nebraska 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 six months after the Commitment Date, this Commitment terminates and the Company's liability and obligation end. First American Title insurance Company As.,/e444/:, Oenni5 J Gilmore President g)*(1 46/404-fld-Ir51-71-/ Jeffrey S.Robinson S€'ci iary If this jacket was created electronically,it constitutes an original document This page is only a part of a 2016 ALTA()Commitment for Title Insurance issued by First American 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,Schedule B,Part II Exceptions 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 Form 50003700(8 23 18) Page 1 of 14 ALTA Commitment for Title Insurance(8 1 16) California 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 Company's liability and obligation end 3 The Company's 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, and (f) Schedule B, Part II—Exceptions 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 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 (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 (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 Company's liability is limited by the terms and provisions of the Policy This page is only a part of a 2016 ALTA()Commitment for Title Insurance issued by First American 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,Schedule B,Part II Exceptions 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 Form 50003700(8 23 18) Page 2 of 14 ALTA Commitment for Title Insurance(8 1 16) California 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 (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 Arbitration provision intentionally removed This page is only a part of a 2016 ALTA()Commitment for Title Insurance issued by First American 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,Schedule B,Part II Exceptions 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 Form 50003700(8 23 18) Page 3 of 14 ALTA Commitment for Title Insurance(8 1 16) California A x _ ALTA Commitment for Title Insurance First American ISSUED BY Schedule A First American Title Insurance Company File No NCS-984581-ONT1 Transaction Identification Data for reference only: Issuing Agent First American Title Insurance Company National Issuing Office 3281 E Guasti Road, Suite 440, Ontario, Commercial Services CA 91761 Commitment No NCS-984581-ONT1 Issuing Office File No NCS-984581-ONT1 Property Address. 31 Stuart Street, Redlands, CA 92374 Escrow Officer/Assistant. Kelly Simoneau/Lori Allison Revision No Phone (909)510-6206/(909)510-6214 Email. ksimoneau@firstam.com/loallison@firstam.com Title Officer/Assistant Greg Franke/Erin West Phone. (909)510-6200/(909)510-6215 Email gfranke@firstam com/ewest@firstam com SCHEDULE A 1 Commitment Date October 11, 2019 at 8 00 AM 2 Policy to be issued' (a) ❑x 2006 ALTA® ALTA Standard Owner Policy Proposed Insured Redlands Railway District, LLC, a California limited liability company Proposed Policy Amount $ To Be Determined (b) ❑ ALTA® Policy Proposed Insured Proposed Policy Amount $ (c) ❑ ALTA® Policy Proposed Insured. Proposed Policy Amount $ 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 City of Redlands, a municipal corporation 5 The Land is described as follows See Exhibit"A" attached hereto and made a part hereof This page is only a part of a 2016 ALTA®Commitment for Title Insurance issued by First American 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,Schedule B,Part II Exceptions 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 Form 50003700(8 23 18) Page 4 of 14 ALTA Commitment for Title Insurance(8 1 16) California ALTA Commitment for Title Insurance y First American ISSUED BY Schedule BI & BII First American Title Insurance Company File No NCS-984581-ONT1 Commitment No.. NCS-984581-ONT1 SCHEDULE B, PART I Requirements All of the following Requirements must be met A 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 B Pay the agreed amount for the estate or interest to be insured C Pay the premiums, fees, and charges for the Policy to the Company D 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 E Releases(s) or Reconveyance(s) of Item(s)• None F. Other. None G You must give us the following information a Any off record leases, surveys, etc b Statement(s) of Identity, all parties c Other None The following additional requirements, as indicated by "X", must be met. [X] H Provide information regarding any off-record matters, which may include, but are not limited to leases, recent works of improvement, or commitment statements in effect under the Environmental Responsibility Acceptance Act, Civil Code Section 850, et seq The Company's Owner's Affidavit form (as provided by the company) must be completed and submitted prior to close in order to satisfy this requirement This Commitment will then be subject to such further exceptions and/or requirements as may be deemed necessary. [] I An ALTA/NSPS survey of recent date, which complies with the current minimum standard detail requirements for ALTA/NSPS land title surveys, must be submitted to the Company for review This Commitment will then be subject to such further exceptions and/or requirements as may be deemed necessary This page is only a part of a 2016 ALTA()Commitment for Title Insurance issued by First American 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,Schedule B,Part II Exceptions 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 Form 50003700(8 23 18) Page 5 of 14 ALTA Commitment for Title Insurance(8 1 16) California [] J. The following LLC documentation is required from. (i) a copy of the Articles of Organization (ii) a copy of the Operating Agreement, if applicable (iii) a Certificate of Good Standing and/or other evidence of current Authority to Conduct Business within the State (iv) express Company Consent to the current transaction [] K The following partnership documentation is required . (i) a copy of the partnership agreement, including all applicable amendments thereto (ii) a Certificate of Good Standing and/or other evidence of current Authority to Conduct Business within the State (iii) express Partnership Consent to the current transaction [] L The following corporation documentation is required (i) a copy of the Articles of Incorporation (ii) a copy of the Bylaws, including all applicable Amendments thereto (iii) a Certificate of Good Standing and/or other evidence of current Authority to Conduct Business within the State (iv) express Corporate Resolution consenting to the current transaction [] M Based upon the Company's review of that certain partnership/operating agreement dated Not disclosed for the proposed insured herein, the following requirements must be met. Any further amendments to said agreement must be submitted to the Company, together with an affidavit from one of the general partners or members stating that it is a true copy, that said partnership or limited liability company is in full force and effect, and that there have been no further amendments to the agreement This Commitment will then be subject to such further requirements as may be deemed necessary [] N A copy of the complete lease, as referenced in Schedule A, #3 herein, together with any amendments and/or assignments thereto, must be submitted to the Company for review, along with an affidavit executed by the present lessee stating that it is a true copy, that the lease is in full force and effect, and that there have been no further amendments to the lease. This Commitment will then be subject to such further requirements as may be deemed necessary [X] 0 Approval from the Company's Underwriting Department must be obtained for issuance of the policy contemplated herein and any endorsements requested thereunder This Commitment will then be subject to such further requirements as may be required to obtain such approval [] P Potential additional requirements, if ALTA Extended coverage is contemplated hereunder, and work on the land has commenced prior to close, some or all of the following requirements, and any other requirements which may be deemed necessary, may need to be met [] Q The Company's "Indemnity Agreement I" must be executed by the appropriate parties This page is only a part of a 2016 ALTA()Commitment for Title Insurance issued by First American 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,Schedule B,Part II Exceptions 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 Form 50003700(8 23 18) Page 6 of 14 ALTA Commitment for Title Insurance(8 1 16) California [] R Financial statements from the appropriate parties must be submitted to the Company for review [] S A copy of the construction contract must be submitted to the Company for review [] T An inspection of the Land must be performed by the Company for verification of the phase of construction [] U The Company's "Mechanic's Lien Risk Addendum" form must be completed by a Company employee, based upon information furnished by the appropriate parties involved This page is only a part of a 2016 ALTA()Commitment for Title Insurance issued by First American 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,Schedule B,Part II Exceptions 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 Form 50003700(8 23 18) Page 7 of 14 ALTA Commitment for Title Insurance(8 1 16) California A u ALTA Commitment for Title Insurance .:•PAVW, First American ISSUED BY Schedule BI & BII (Cont.) First American Title Insurance Company File No NCS-984581-ONT1 Commitment No.. NCS-984581-ONT1 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 1 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 2 (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 3. 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 4 Easements, liens or encumbrances, or claims thereof, not shown by the Public Records 5 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 6 (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, whether or not the matters excepted under (a), (b), or (c) are shown by the Public Records 7. General and special taxes and assessments for the fiscal year 2019-2020, a lien not yet due or payable This page is only a part of a 2016 ALTA()Commitment for Title Insurance issued by First American 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,Schedule B,Part II Exceptions 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 Form 50003700(8 23 18) Page 8 of 14 ALTA Commitment for Title Insurance(8 1 16) California 8. General and special taxes and assessments for the fiscal year 2018-2019 are exempt. If the exempt status is terminated an additional tax may be levied A P No 0169-281-23-0-000 and 0169-281-64- 0-000 9 The lien of supplemental taxes, if any, assessed pursuant to Chapter 3 5 commencing with Section 75 of the California Revenue and Taxation Code 10 An easement for public utilities and incidental purposes, recorded December 19, 1949 as Book 2502, Page 380 of Official Records In Favor of Southern California Edison Company, a corporation Affects as described therein (Affects Parcels 2 and 3) 11. The fact that the land lies within the boundaries of the Redlands Redevelopment Project Area, as disclosed by the document recorded November 9, 1972 as Book 8057, Page 789 of Official Records. 12 The terms and provisions contained in the document entitled "Grant Deed" recorded January 23, 1992 as Instrument No 92-024792 of Official Records (Affects Parcel 1) 13. An easement for public utilities and incidental purposes, recorded March 11, 1992 as Instrument No. 92-105227 of Official Records In Favor of Southern California Edison Company, a corporation Affects as described therein (Affects Parcel 1) 14 An offer of dedication for public road and incidental purposes, recorded March 13, 1992 as Instrument No 92-109655 of Official Records To City of Redlands, a municipal corporation (Affects Parcel 1) 15 Terms and provisions of an unrecorded lease dated May 18, 2004, by and between The Redevelopment Agency of the City of Redlands as lessor and Canyon City Transfer &Storage, Inc., a California corporation as lessee, as disclosed by a Lease Agreement recorded June 18, 2004 as Instrument No. 2004-0433398 of Official Records. (Affects Parcels 2 and 3) Defects, liens, encumbrances or other matters affecting the leasehold estate, whether or not shown by the public records are not shown herein 16 An easement for roadway and incidental purposes, recorded May 5, 2009 as Instrument No 2009- 0191826 of Official Records In Favor of City of Redlands, a municipal corporation Affects as described therein (Affects Parcel 1) This page is only a part of a 2016 ALTA()Commitment for Title Insurance issued by First American 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,Schedule B,Part II Exceptions 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 Form 50003700(8 23 18) Page 9 of 14 ALTA Commitment for Title Insurance(8 1 16) California 17. An easement for roadway and incidental purposes, recorded May 5, 2009 as Instrument No. 2009- 0191827 of Official Records In Favor of City of Redlands, a municipal corporation Affects as described therein (Affects Parcels 2 and 3) 18 Easements for utilities over and across the premises formerly included within the boundaries of The alley between the South line of Lot 20 and the North lines of Lots 21 through 26 all in Block C of the Central Townsite Subdivision now vacated, if any such exists (Affects Parcel 1) 19. Easements for utilities over and across the premises formerly included within the boundaries of The alley between the South line of Lot 19 and the North lines of Lots 27 through 32 all in Block C of the Central Townsite Subdivision now vacated, if any such exists. (Affects Parcels 2 and 3) 20 The requirement that Deed recorded June 10, 2019 as Instrument No 2019-0188916 be Re- Recorded to correct Paragraph 2 to read Beginning at the "Southeast corner" (Affects Exception to Parcel 2 Legal Description) 21 We find no outstanding voluntary liens of record affecting subject property An inquiry should be made concerning the existence of any unrecorded lien or other indebtedness which could give rise to any security interest in the subject property 22 Water rights, claims or title to water, whether or not shown by the public records (Affects Parcels 1 and 4) 23 Rights of the public in and to that portion of the Land lying within any public road, street or highway 24 Rights of parties in possession (Affects Parcel 2) This page is only a part of a 2016 ALTA()Commitment for Title Insurance issued by First American 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,Schedule B,Part II Exceptions 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 Form 50003700(8 23 18) Page 10 of 14 ALTA Commitment for Title Insurance(8 1 16) California INFORMATIONAL NOTES ALERT - CA Senate Bill 2 imposes an additional fee of$75 up to $225 at the time of recording on certain transactions effective January 1, 2018. Please contact your First American Title representative for more information on how this may affect your closing. 1. Taxes for proration purposes only for the fiscal year 2018-2019. First Installment. $0.00, No Tax Due Second Installment. $0.00, No Tax Due Tax Rate Area 5-002 APN 0169-281-23-0-000 (Affects Parcel 1) 2 This report is preparatory to the issuance of an ALTA Loan Policy The property covered by this report is vacant land 3 According to the public records, there has been no conveyance of the land within a period of twenty- four months prior to the date of this report, except as follows None 4. This preliminary report/commitment was prepared based upon an application for a policy of title insurance that identified land by street address or assessor's parcel number only. It is the responsibility of the applicant to determine whether the land referred to herein is in fact the land that is to be described in the policy or policies to be issued The map attached, if any, may or may not be a survey of the land depicted thereon. First American Title Insurance 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 this Commitment or the Policy, if any, to which the map is attached. This page is only a part of a 2016 ALTA()Commitment for Title Insurance issued by First American 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,Schedule B,Part II Exceptions 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 Form 50003700(8 23 18) Page 11 of 14 ALTA Commitment for Title Insurance(8 1 16) California • First American ISSUED BY ,•, ' . „ First American Title Insurance Company Exhibit A File No NCS-984581-ONT1 File No.. NCS-984581-ONT1 The Land referred to herein below is situated in the City of Redlands, County of San Bernardino, State of California, and is described as follows PARCEL 1 AN IRREGULAR SHAPED PARCEL OF LAND IN THE CITY OF REDLANDS, COUNTY OF SAN BERNARDINO, STATE OF CALIFORNIA, BEING ALL THOSE PORTIONS OF LOTS 18, 20 AND 21 TO 26, INCLUSIVE AND THE 15 FOOT WIDE ALLEY (NOW VACATED) LYING SOUTHERLY OF SAID LOT 20, ALL BEING IN BLOCK "C" OF AMENDED MAP OF THE CENTRAL TOWNSITE, IN THE CITY OF REDLANDS, COUNTY OF SAN BERNARDINO, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 8, PAGE 57, OF MAPS, SAN BERNARDINO COUNTY RECORDS, MORE PARTICULARLY DESCRIBED AS FOLLOWS BEGINNING AT A POINT IN THE EASTERLY LINE OF SAID LOT 26, DISTANT NORTHERLY ALONG SAID EASTERLY LINE 14 10 FEET FROM THE SOUTHEASTERLY CORNER OF SAID LOT 26, THENCE NORTHERLY ALONG SAID EASTERLY LINE AND ITS NORTHERLY PROLONGATION AND ALONG THE EASTERLY LINE OF SAID LOTS 18 AND 20, ALSO BEING THE WESTERLY LINE OF THIRD STREET, 54 FEET WIDE, A DISTANCE OF 168.90 FEET TO A POINT IN A LINE THAT IS PARALLEL WITH AND DISTANT NORTHERLY 3.00 FEET, MEASURED AT RIGHT ANGLE FROM THE NORTHERLY LINE OF SAID LOT 20, SAID PARALLEL LINE ALSO BEING THE SOUTHERLY LINE OF STUART AVENUE, THENCE WESTERLY ALONG SAID PARALLEL LINE, 122 00 FEET; THENCE SOUTHWESTERLY IN A DIRECT LINE 22 63 FEET TO A POINT IN THE WESTERLY LINE OF SAID LOT 20, SAID POINT BEING DISTANT SOUTHERLY ALONG SAID WESTERLY LINE 13 00 FEET FROM THE NORTHWESTERLY CORNER OF SAID LOT 20, THENCE SOUTHERLY ALONG THE WESTERLY LINE OF SAID LOT 20 AND ITS SOUTHERLY PROLONGATION AND ALONG THE WESTERLY LINE OF SAID LOT 21, A DISTANCE OF 152 90 FEET TO A POINT IN A LINE THAT IS PARALLEL WITH AND DISTANT NORTHERLY 14 10 FEET, MEASURED AT RIGHT ANGLES FROM THE SOUTHERLY LINE OF SAID LOTS 21 TO 26, INCLUSIVE, THENCE EASTERLY ALONG SAID PARALLEL LINE 138.00 FEET TO THE POINT OF BEGINNING. EXCEPTING AND RESERVING ALL OIL, HYDROCARBON SUBSTANCES AND MINERALS OF EVERY KIND AND CHARACTER LYING MORE THAN 500 FEET BELOW THE SURFACE OF SAID LAND, TOGETHER WITH THE RIGHT TO DRILL INTO, THROUGH, AND TO USE AND OCCUPY ALL PARTS OF SAID LAND LYING MORE THAN 500 FEET BELOW THE SURFACE THEREOF FOR ANY AND ALL PURPOSES INCIDENTAL TO THE EXPLORATION FOR AND PRODUCTION OF OIL, GAS, HYDROCARBON SUBSTANCES OR MINERALS FROM SAID OR OTHER LANDS BUT WITHOUT, HOWEVER, ANY RIGHT TO USE EITHER THE SURFACE OF SAID LAND OR ANY PORTION OF SAID LAND WITHIN 500 FEET OF THE SURFACE FOR ANY PURPOSE OR PURPOSES WHATSOEVER, AS RESERVED BY DAVID F RETTIG, ET AL, IN DEED RECORDED MAY 12, 1986, AS INSTRUMENT NO 86-122368, OFFICIAL RECORDS PARCEL 2 This page is only a part of a 2016 ALTA()Commitment for Title Insurance issued by First American 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,Schedule B,Part II Exceptions 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 Form 50003700(8 23 18) Page 12 of 14 ALTA Commitment for Title Insurance(8 1 16) California THE SOUTH 24.8 FEET OF LOT 17 AND ALL OF LOTS 19 AND 27 THROUGH 32, OF BLOCK "C", OF AMENDED MAP OF CENTRAL TOWNSITE, IN THE CITY OF REDLANDS, COUNTY OF SAN BERNARDINO, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 8, PAGE 57, OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY EXCEPTING THEREFROM THOSE PORTIONS OF SAID LOTS 27 THROUGH 32, OF BLOCK "C" OF AMENDED MAP OF CENTRAL TOWNSITE, IN THE CITY OF REDLANDS, COUNTY OF SAN BERNARDINO, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 8, PAGE 57, OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY BY DEED RECORDED JUNE 10, 2019 AS INSTRUMENT NO 2019-0188916, TOGETHER WITH THAT PORTION OF THIRD STREET MORE PARTICULARLY DESCRIBED AS FOLLOWS BEGINNING AT THE SOUTHEAST CORNER OF SAID LOT 32, BEING A POINT ON THE NORTHERLY RIGHT-OF-WAY LINE OF THE SBCTA (FORMERLY SANBAG) RAILWAY AS SHOWN ON RECORD OF SURVEY MAP RECORDED MARCH 7, 2012, IN BOOK 148, PAGES 73-92, THENCE ALONG SAID RIGHT-OF-WAY LINE SOUTH 89°41'46"WEST 191 88 FEET TO A POINT ON THE WESTERLY RIGHT-OF-WAY LINE OF THIRD STREET. THENCE ALONG SAID WESTERLY RIGHT-OF-WAY LINE NORTH 00'17'46" WEST 14 10 FEET, THENCE LEAVING SAID RIGHT-OF-WAY LINE NORTH 89°41'16" EAST 191 85 FEET TO A POINT ON THE EASTERLY LINE OF SAID LOT 32, THENCE ALONG SAID EASTERLY LINE SOUTH 00°25'06" EAST 14 13 FEET TO THE POINT OF BEGINNING PARCEL 3 THE 15 FOOT ALLEY BETWEEN LOT 19 OF BLOCK "C" ON THE NORTH AND LOTS 27 TO 32, INCLUSIVE, BLOCK "C" ON THE SOUTH, AS SHOWN ON THE AMENDED MAP OF CENTRAL TOWNSITE, IN THE CITY OF REDLANDS, COUNTY OF SAN BERNARDINO, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 8, PAGE 57, OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY PARCEL 4. THAT PORTION OF THIRD STREET IN A PORTION OF BLOCK "C" OF AMENDED MAP OF THE CENTRAL TOWN SITE, IN THE CITY OF REDLANDS, COUNTY OF SAN BERNARDINO, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 8, PAGE 57 OF MAPS, SAN BERNARDINO, COUNTY RECORDS, MORE PARTICULARLY DESCRIBED AS FOLLOWS" BEGINNING AT THE INTERSECTION OF THE CENTER LINE OF THIRD STREET AND THE NORTH LINE OF THE S B V RY RIGHT-OF-WAY AS SHOWN ON RECORD OF SURVEY 03-161, RECORDED IN BOOK 144, PAGE 53 OF SURVEYS, RECORDS OF SAID COUNTY; THENCE NORTH 89°57'40" WEST 27 00 FEET ALONG SAID NORTH RIGHT-OF-WAY LINE OF S B V RY TO THE WEST RIGHT-OF WAY-LINE OF SAID THIRD STREET AS SHOWN ON SAID RECORD OF SURVEY, THENCE NORTH 00°00'00" EAST 173 68 FEET ALONG SAID WEST RIGHT-OF-WAY LINE, PARALLEL WITH AND 27 00 FEET WEST OF SAID THIRD STREET CENTER LINE TO THE SOUTH LINE OF A ROADWAY EASEMENT PER DOCUMENT NUMBER 2009-0191826, OFFICIAL RECORDS OF SAID COUNTY AND THE BEGINNING OF A NON-TANGENT 827 00 FOOT RADIUS CURVE, CONCAVE TO THE NORTH AND TO WHICH POINT A RADIAL LINE BEARS SOUTH 09°37'50" EAST, THENCE EASTERLY ALONG THE ARC OF SAID CURVE THROUGH A CENTRAL ANGLE OF 03°49'09", A DISTANCE OF 55.12 FEET TO THE EAST RIGHT-OF-WAY LINE OF SAID THIRD STREET AND THE SOUTHWEST CORNER OF A ROADWAY EASEMENT PER DOCUMENT NUMBER 2009-0191827 OFFICIAL RECORDS OF SAID COUNTY AND TO WHICH POINT A RADIAL LINE BEARS SOUTH 13°26'59" EAST, THENCE SOUTH 00°00'00" EAST 184 74 FEET, PARALLEL WITH AND 27 00 FEET EAST OF SAID CENTERLINE THIRD This page is only a part of a 2016 ALTA()Commitment for Title Insurance issued by First American 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,Schedule B,Part II Exceptions 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 Form 50003700(8 23 18) Page 13 of 14 ALTA Commitment for Title Insurance(8 1 16) California STREET TO THE NORTH LINE OF SAID S.B.V RY RIGHT OF WAY, THENCE NORTH 89°57'40" WEST 27 00 FEET ALONG SAID NORTH LINE TO THE POINT OF BEGINNING NOTE THE ABOVE LEGAL DESCRIPTION IS FOR THE SOLE PURPOSE OF THIS REPORT AND MAY NOT BE CONSIDERED FOR USE IN ANY POLICY ISSUED BY THIS COMPANY, AND IS SUBJECT TO CHANGE AT ANY TIME For conveyancing purposes only APN 0169-281-23-0-000 as to Parcel 1 and Portion of Parcel 4 0169-281-64-0-000 as to Parcels 2, 3 and Portion of Parcel 4 This page is only a part of a 2016 ALTA()Commitment for Title Insurance issued by First American 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,Schedule B,Part II Exceptions 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 Form 50003700(8 23 18) Page 14 of 14 ALTA Commitment for Title Insurance(8 1 16) California