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Untitled Abstract Company �razos County "More Than 140 Years of Title Service" P.O. Box 4704 Phone: (979) 731-1900 3800 Cross Park Drive Bryan, Texas 77805-4704 Fax: (979) 731-1381 Bryan, Texas 77802 BCAC GF NO. BC1503379 Title Report Prepared 1/22/2015 for Civil Engineering Consultants Kent M. Laza, P.E. 4101 South Texas Avenue Bryan, Texas 77802 "Experience Matters" Brazos County Abstract Company "More Than 140 Years of Title Service" TITLE REPORT Effective Date: January 20,2015 at 8:00 am GF NO: BC1503379 LEGAL DESCRIPTION: All that certain 18.14 acre tract or parcel of land, lying and being situated in the ROBERT STEVENSON SURVEY, Abstract No. 54, College Station, Brazos County, Texas, and being part of the 36.6 ± acre - Tract One described in the deed from Phi-Ton Investments, L.P. to Edward Froehling, recorded in Volume 9607, Page 146, of the Official Records of Brazos County, Texas, and said 18.14 acre tract being more particularly described as follows: BEGINNING at the common corner between the beforementioned 36.6 acre tract and Lot 24, Block 6, Dove CrossingSubdivision, Phase 8, according to the plat recorded in Volume 8605, Page 224, of the Official Records of Brazos County, Texas, and in the southwest line of a 14.163 acre tract described in the deed to J. K. Development, LLP, recorded in Volume 2539, Page 71, of the Official Records of Brazos County, Texas; THENCE S 47° 43' 20" E along the common line between the beforementioned 36.6 acre tract and the beforementioned 14.163 acre tract, adjacent to a fence, for a distance of 688.91 feet to a '/2" iron rod and cap set at the common corner between the said 36.6 acre tract and the 14.163 acre tract and in the northwest line of Lot 9, Block 1, of Lakeside Village Subdivision, Phase 1, according to the plat recorded in Volume 8188, Page 101, of the Official Records of Brazos County, Texas, from which an angle point in the northwest line of said Lot 9, bears N 41° 11' 31" E - 0.24 feet; THENCE S 41° 11' 31" W along the common line between the beforementioned 36.6 acre tract and Block 1, Lakeside Village Subdivision, Phase 1, for a distance of 471.70 feet and corner in the northwest right-of-way line of Eagle Avenue - 60' wide right-of-way, according to the plat of Dove Crossing Subdivision, Phase 6, recorded in Volume 10759, Page 117, of the Official Records of Brazos County, Texas, same being a curve, concave to the southeast, having a radius of 430.00 feet, a ''/2" iron rod found in the northwest right-of-way line of Eagle Avenue - 60' wide right-of-way as shown on the beforementioned plat of Lakeside Village Subdivision, Phase 1, bears S 41° 11' 31" W - 1.82 feet; THENCE along the northwest right-of-way line of the beforementioned (Vol. 10759, Pg. 117), Eagle Avenue, as follows: Southwesterly along said curve, for an arc distance of 228.80 feet to a 1/4" iron rod and cap set at the end of this curve, the chord bears S 56° 29' 34" W - 226.11 feet, S 41° 14' 58" W for a distance of 242.82 feet to a 1/4" iron rod and cap set at the beginning of a curve concave to the north, having a radius of 25.00 feet, Westerly along said curve, for an arc distance of 39.56 feet to a ''/2" iron rod and cap set at the end of this curve, the chord bears S 86° 53' 58" W - 35.56 feet, S 41° 33' 46" W for a distance of 50.00 feet to a 1/2" iron rod and cap set at the beginning of a curve concave to the west, having a radius of 25.00 feet, Southerly along said curve, for an arc distance of 39.26 feet to a '/2" iron rod and cap set at the end of this curve, the chord bears S 03° 05' 21" E - 35.35 feet, S 41° 53' 56" W for a distance of 685.00 feet to a '/2" iron rod found marking the beginning of a curve concave to the north, having a radius of 25.00 feet, Westerly along said transition curve from Eagle Avenue to Alexandria Avenue - 60' wide right-of-way, for an arc distance of 39.28 feet to a 1/4" iron rod and cap found marking the end of this curve in the northeast right-of-way line of said Alexandria Avenue, as shown on the beforementioned plat of Dove Crossing Subdivision, Phase 6, the chord bears S 86° 54' 39" W - 35.36 feet; THENCE along the northeast right-of-way line of the beforementioned Alexandria Avenue, as follows: N 48° 04' 39" W for a distance of 66.02 feet to a '/2" iron rod and cap set at the beginning of a curve concave to the east, having a radius of 25.00 feet, Northerly along said curve, for an arc distance of 39.27 feet to a '/2" iron rod and cap set at the end of this curve, the chord bears N 03° 04' 39" W - 35.36 feet, N 48° 04' 39" W for a distance of 50.00 feet to a 1/4" iron rod and cap set at the beginning of a curve concave to the north, having a radius of 25.00 feet, Westerly along said curve, for an arc distance of 39.27 feet to a 1/4" iron rod and cap set at the end of this curve,the chord bears S 86° 55' 21" W - 35.36 feet, N 48° 04' 39" W for a distance of 90.00 feet to a 1/4" iron rod found at a wooden fence corner marking the common corner between the beforementioned 36.6 acre tract and Lot 1, Block 20, Dove Crossing Subdivision, Phase 5, according to the plat recorded in Volume 10759, Page 16, of the Official Records of Brazos County, Texas; THENCE N 41° 55' 21" E along the southeast line of the beforementioned Block 20, Dove Crossing Subdivision, Phase 5, for a distance of 785.00 feet to a ''/2" iron rod and cap set at the east corner of the beforementioned Dove Crossing Subdivision, Phase 5 and an ell corner of the beforementioned 36.6 acre tract and in the northeast right-of-way line of Mystic Dove Way - 50' wide right-of-way, as shown on the beforementioned plat of Dove Crossing Subdivision, Phase 5; THENCE along the northeast right-of-way line of the beforementioned Mystic Dove Way, as follows: N 48° 04' 39" W for a distance of 90.00 feet to a '/2" iron rod and cap set at the beginning of a curve concave to the east, having a radius of 25.00 feet, Northerly along said curve, for an arc distance of 39.27 feet to a 1/2" iron rod and cap set at the end of this curve, the chord bears N 03° 04' 39" W - 35.36 feet, N 48° 04' 39" W for a distance of 50.00 feet to a ''/2" iron rod and cap set at the beginning of a curve concave to the north, having a radius of 25.00 feet, Westerly along said curve, for an arc distance of 39.27 feet, to a 1/2" iron rod and cap set at the end of this curve, the chord bears S 86° 55' 21" W - 35.36 feet, N 48° 04' 39" W for a distance of 90.00 feet to the common corner between the beforementioned 36.6 acre tract and Lot 1, Block 15, of the beforementioned Dove Crossing Subdivision, Phase 8; THENCE along the common line between the beforementioned 36.6 acre tract and the beforementioned Dove Crossing Subdivision, Phase 8 as follows: N 41° 55' 21" E for a distance of 802.23 feet to a '/2" iron rod and cap found at a wooden fence corner marking the east corner of Lot 14, Block 15, Dove Crossing Subdivision, Phase 8, N 42° 16' 40"E for a distance of 50.00 feet to a 'h" iron rod and cap set, N 47° 43' 20" W for a distance of 81.32 feet to a 1/2" iron rod and cap found marking the south corner of the beforementioned Lot 24, Block 6, Dove Crossing Subdivision, Phase 8, N 42° 16' 40" E for a distance of 110.00 feet to the PLACE OF BEGINNING, containing 18.14 acres of land, more or less. NOTE: The Company is prohibited from insuring the area or quantity of the land described herein. Any statement in the above legal description of the area or quantity of land is not a representation that such area or quantity is correct, but is made only for informational and/or identification purposes and does not override item 2 of Schedule B hereof. TITLE APPEARS TO BE VESTED IN: Edward Froehling by Warranty Deed from Phi-Ton Investments, L.P., dated April 30, 2010, recorded in Volume 9607, page 146, Official Records of Brazos County, Texas. SUBJECT TO: LIENS: None of Record. ABSTRACTS OF JUDGMENTS/FEDERAL AND/OR STATE LIENS: None of Record. EASEMENTS: Easements, or claims of easements, which are not recorded in the public records. Temporary Blanket Utility Easement from Phi-Ton Investments, L.P.to City of College Station, Texas,dated September 15, 2005, recorded in Volume 6961, page 229, Official Records of Brazos County,Texas. OUTSTANDING MINERALS AND/OR ROYALTIES: Mineral Deed from Phi-Ton Investments, L.P.to Anthony L.Jones et al, dated January 31,2006, recorded in Volume 7133, page 261, Official Records of Brazos County, Texas. Title to this mineral interest has not been traced subsequent to the date of the above-cited instrument. OIL & GAS LEASES: None of Record. RESTRICTIONS OF RECORD: Terms,provisions,covenants,conditions,and restrictions,easements,charges, assessments and liens provided in the Covenants, Conditions and Restrictions recorded in Volume 8028,page 150 and Volume 8418,page 1, Official Records of Brazos County,Texas,but omitting any covenant, condition or restrictions, if any,based on race, color,religion, sex,handicap,familial status or national origin unless and only to the extent that the covenant, condition or restrictions (a) is exempt under Title 42 of the United States Code, or(b)related to handicap,but does not discriminate against handicapped persons. TAXES/ASSESSMENTS: NONE REQUESTED MISCELLANEOUS: Terms and conditions contained in Waiver of Surface Rights recorded in Volume 7499,page 61, Official Records of Brazos County,Texas. Terms,conditions and stipulations contained in the Declaration of Covenants,Conditions and Restrictions executed by Phi-Ton Investments,L.P.,dated June 1,2007,recorded in Volume 8028, page 150 and Volume 8418,page 1, Official Records of Brazos County, Texas. Maintenance Charge as set forth in the Declaration of Covenants, Conditions and Restrictions executed by Phi-Ton Investments,L.P., dated June 1,2007,recorded in Volume 8028,page 150 and Volume 8418, page 1, Official Records of Brazos County, Texas. All leases, grants,exceptions or reservations of coal, lignite,oil,gas and other minerals,together with all rights,privileges and immunities relating thereto,appearing in the Public Records whether listed in Schedule B or not. There may be leases,grants,exceptions or reservations of mineral interests that are not listed. THIS TITLE REPORT IS ISSUED WITH THE EXPRESS UNDERSTANDING,EVIDENCED BY THE ACCEPTANCE OF SAME THAT THE UNDERSIGNED, Brazos County Abstract Company DOES NOT UNDERTAKE HEREIN TO GIVE OR EXPRESS ANY OPINION AS TO THE VALIDITY OF THE TITLE TO THE PROPERTY ABOVE DESCRIBED,NOR AS TO THE VALIDITY OF ANY OF THE INSTRUMENTS REPORTED HEREIN,INCLUDING THE PURPORTED DEED(S)ESTABLISHING THE RECORD OWNER(S)CITED ABOVE,BUT IS SIMPLY REPORTING BRIEFLY HEREIN AS TO THE q INSTRUMENTS FOUND OF RECORD PERTAINING TO SAID PROPERTY,AND IT IS EXPRESSLY UNDERSTOOD AND AGREED THAT THIS TITLE REPORT IS NEITHER A GUARANTY NOR WARRANTY OF THE TITLE.BY ACCEPTANCE OF THIS TITLE REPORT IT IS UNDERSTOOD THAT THE LIABILITY OF THE ISSUER HEREOF IS EXPRESSLY LIMITED TO THE ACTUAL MONETARY CONSIDERATION PAID FOR SAID REPORT BY Civil Engineering Consultants.THIS SEARCH HAS BEEN LIMITED TO THE ABOVE MATTERS AND THE ABOVE TIME PERIOD; AND WE HAVE NOT SEARCHED FOR,NOR HAVE REFLECTED HEREIN,ANY EXAMINATION AS TO TAX SUITS,SPECIAL ASSESSMENTS,CONFLICTS OR OTHER INSTRUMENTS WHICH MAY AFFECT TITLE TO THE SUBJECT PROPERTY. IF TITLE INSURANCE COVERAGE,WHICH IS NOT PROVIDED BY THIS REPORT,IS NEEDED,SAID COVERAGE IS AVAILABLE THROUGH THE APPLICABLE PROMULGATED POLICY(IES),AND AT A SPECIFIED RATE PREMIUM. Brazos County Abstract Company 1:0. BY: