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Parcel 2:
<br /> THE LAND REFERRED TO HEREIN BELOW IS SITUATED IN THE CITY OF SANTA ANA,
<br /> COUNTY OF ORANGE, STATE OF CALIFORNIA AND IS DESCRIBED AS FOLLOWS:
<br /> LOTS 3 AND 4 OF TRACT NO. 19238, IN THE CITY OF SANTA ANA, COUNTY OF
<br /> ORANGE, STATE OF CALIFORNIA, FILED IN BOOK 1013, PAGES 17 THROUGH 22 OF
<br /> MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY.
<br /> EXCEPT ANY AND ALL OIL, OIL RIGHTS, MINERALS, MINERAL RIGHTS, NATURAL
<br /> GAS RIGHTS, AND OTHER HYDROCARBONS BY WHATSOEVER NAME KNOWN,
<br /> GEOTHERMAL STEAM, AND ALL PRODUCTS DERIVED FROM ANY OF THE
<br /> FOREGOING THAT MAY BE WITHIN OR UNDER SAID LAND, TOGETHER WITH THE
<br /> PERPETUAL RIGHT OF DRILLING, MINING, EXPLORING, AND OPERATING
<br /> THEREFOR AND STORING IN AND REMOVING THE SAME FROM SAID LAND OR ANY
<br /> OTHER LAND, INCLUDING THE RIGHT TO WHIPSTOCK OR DIRECTIONALLY DRILL
<br /> AND MINE FROM LANDS OTHER THAN SAID CONVEYED HEREBY, OIL OR GAS
<br /> WELLS, TUNNELS AND SHAFTS INTO, THROUGH OR ACROSS THE SUBSURFACE OF
<br /> THE LAND HEREINABOVE DESCRIBED AND TO BOTTOM SUCH WHIPSTOCKED OR
<br /> DIRECTIONALLY DRILLED WELLS, TUNNELS AND SHAFTS UNDER AND BENEATH
<br /> OR BEYOND THE EXTERIOR LIMITS THEREOF,AND TO REDRILL,RETUNNEL,
<br /> EQUIP, MAINTAIN, REPAIR, DEEPEN AND OPERATE ANY SUCH WELLS OR MINES
<br /> WITHOUT,HOWEVER,THE RIGHT TO DRILL,MINE,STORE,EXPLORE AND OPERATE
<br /> THROUGH THE SURFACE OR THE UPPER 500 FEET OF THE SUBSURFACE OF LAND,
<br /> AS RESERVED IN THE DEED FROM THE IRVINE COMPANY, A MICHIGAN
<br /> CORPORATION, SUCCESSOR BY MERGER WITH IRVINE INDUSTRIAL COMPLEX,
<br /> RECORDED NOVEMBER 21, 1978, AS INSTRUMENT NO. 28456, IN BOOK 12932, PAGE
<br /> 910 OF OFFICIAL RECORDS.
<br /> ALSO EXCEPT ANY AND ALL WATER,RIGHTS OR INTERESTS THEREIN,NO MATTER
<br /> HOW ACQUIRED IN CONNECTION WITH OR WITH RESPECT TO SAID LAND,
<br /> TOGETHER WITH THE RIGHT AND POWER TO EXPLORE,DRILL, REDRILL, REMOVE
<br /> AND STORE THE SAME FROM THE LAND OR TO DIVERT OF OFFICIAL RECORDS
<br /> OTHERWISE UTILIZE SUCH WATER, RIGHTS OR INTERESTS ON ANY OTHER
<br /> PROPERTY OWNED OR LEASED BY GRANTOR, WHETHER SUCH WATER RIGHTS
<br /> SHALL BE RIPARIAN, OVERLYING, APPROPRIATIVE, PERCOLATING,
<br /> PRESCRIPTIVE, ADJUDICATED, STATUTORY OF OFFICIAL RECORDS
<br /> CONTRACTUAL; BUT WITHOUT, HOWEVER, ANY RIGHT TO ENTER UPON THE
<br /> SURFACE OF SAID LAND IN TIIE EXERCISE OF SUCH RIGHTS,AS RESERVED IN THE
<br /> DEED FROM THE IRVINE COMPANY, A MICHIGAN CORPORATION, SUCCESSOR BY
<br /> MERGER WITH IRVINE INDUSTRIAL COMPLEX,RECORDED NOVEMBER 21, 1978,AS
<br /> INSTRUMENT NO. 28456, IN BOOK 12932, PAGE 910 OF OFFICIAL RECORDS.
<br /> APN: 430-222-25
<br /> 11 I!
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