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Title Report 4 Brazos County Abstract Company "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. BC1403151 Title Report Prepared 12/9/2014 for Schultz Engineering, LLC Joe Schultz 2730 Longmire, Suite A College Station, Texas 77845 "Experience Matters" razos CountyAbstract Company "More Than 140 Years of Title Service" TITLE REPORT Effective Date: December 8, 2014 at 8:00 am GF NO: BC1403151 LEGAL DESCRIPTION: Being all those certain lots, tracts or parcels of land lying and being situated in Brazos County, Texas and being Lots Seventeen R(17R) and Eighteen R(18R), Block Two (2), SPRING CREEK TOWNHOMES,PHASE 2, an addition to the City of COLLEGE STATION, Texas, according to replat recorded in Volume 11610,page 119, Official Records of Brazos County, Texas. TITLE APPEARS TO BE VESTED IN: New Vision Custom Homes, Inc. SUBJECT TO: LIENS: Deed of Trust dated January 23, 2014, executed by New Vision Custom Homes, Inc. to Randy Seewald, Patrick F. Doyle,Dennis R. Bettison,Darrell A. Apffel, Benjamin Shabot or Ethan Baker,Trustee, securing one note of even date payable to Spring Creek CS Development, Ltd., in the principal amount of$158,000.00,recorded in Volume 11815,page 24, Official Records of Brazos County, Texas. 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. Easements and building lines as shown of record on replat of Spring Creek Townhomes, Phase 2, recorded in Volume 11610,page 119, Official Records of Brazos County, Texas. OUTSTANDING MINERALS AND/OR ROYALTIES: Mineral reservation in Deed from Edith Cavitt Estate et al to United Four Joint Venture, dated December 16, 1982, recorded in Volume 564, page 504, Deed Records of Brazos County, Texas. Title to this reservation has not been traced subsequent to the date of the above-cited instrument. Royalty reservation in Deed from Robert B. Waltman et ux to Timothy J. Crowley, dated January 24, 1992, recorded in Volume 1415, page 74, Official Records of Brazos County, Texas. Title to this reservation has not been traced subsequent to the date of the above-cited instrument. Mineral reservation in Deed from Timothy J. Crowley to Spring Creek CS Development, Ltd., dated June 24,2002,recorded in Volume 4712,page 260, Official Records of Brazos County, Texas. Title to this reservation has not been traced subsequent to the date of the above-cited instrument. OIL & GAS LEASES: Estate created by Oil and Gas Lease from Edith Cavitt Estate et al to Cayuga Exploration, Inc., dated August 15, 1977, recorded in Volume 27, page 530, O&GL Records of Brazos County, Texas. Title to this lease has not been traced subsequent to the date of the above-cited instrument. Estate created by Oil and Gas Lease from Timothy J. Crowley, et al to Union Pacific Resources Company, dated May 29, 1990, recorded in Volume 1205, page 135, Official Records of Brazos County, Texas; as ratified in instruments recorded in Volume 1197, page 837 and 839; Volume 1220, pages 311, 313, 315 and 317 and Volume 1667, page 42, Official Records of Brazos County, Texas; and as amended and extended in instruments recorded in Volume 1835, page 92 and Volume 1839, page 303, Official Records of Brazos County, Texas; subject to Partial Release dated October 17, 1995, recorded in Volume 2514, page 332, Official Records of Brazos County, Texas; subject to terms and conditions of Agreement of Lessor regarding Oil and Gas Lease dated February 9, 2010, recorded in Volume 9497, page 255, Official Records of Brazos County, Texas. Title to this lease has not been traced subsequent to the date of the above-cited instrument. RESTRICTIONS OF RECORD: Terms, provisions, covenants, conditions, and restrictions, easements, charges, assessments and liens provided in the Covenants, Conditions and Restrictions recorded in Volume 5711, page 128, Volume 5813, page 35, Volume 6040, page 91, Volume 9446, page 200 (on plat), Volume 10388, page 32 and Volume 11610, page 119 (on replat), 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: The terms, conditions and stipulations contained in the Declaration of Covenants, Conditions and Restrictions, executed by Spring Creek CS Management LLC, dated October 31, 2003, recorded in Volume 5711, page 128, Volume 5813, page 35, Volume 6040, page 91 and in Management Certificate recorded in Volume 9520,page 221, Official Records of Brazos County, Texas. Maintenance charge as set forth in the Declaration of Covenants, Conditions and Restrictions, executed by Spring Creek CS Management LLC, dated October 31, 2003, recorded in Volume 5711, page 128, 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 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 Schultz Engineering, LLC.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 0 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 c:?‘"vio. t<Asop BY: