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File No: 222532191 <br />S. Any invalidity or defect in the title of Vestees In the event such trust is invalid or fails to confer <br />sufficient powers In the trustees or in the event there is lack of compliance with the terms and <br />provisions of the trust Instrument. <br />If title is to be insured in the trustee(s) of a trust, (or if their act is to be Insured), this Company will <br />require a Trust Certification pursuant to California Probate Code Section 18100.5. <br />The Company reserves the right to add additional Items or make further requirements after review of <br />the requested documentation. <br />6. Any rights of the parties in possession of a portion of, or all of, said Land, which rights are not <br />disclosed by the Public Records. <br />The Company will require, for review, a full and complete copy of any unrecorded agreement, <br />contract, license and/or lease, together with all supplements, assignments and amendments <br />thereto, before Issuing any policy of title insurance without excepting this item from coverage. <br />The Company reserves the right to except additional items and/or make additional requirements <br />after reviewing said documents. <br />END OF SCHEDULE B EXCEPTIONS <br />PLEASE REFER TO THE "NOTES AND REQUIREMENTS SECTION" WHICH FOLLOWS FOR <br />INFORMATION NECESSARY TO COMPLETE THIS TRANSACTION <br />CLTA Preliminary Report Form - Modified (11-17-06) <br />Page 5 <br />