75K - PH - RESO NECESSITY 2105-2109 S BRISTOL

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Order Number: OSA-4443296 Page Number: 4 The requirement that this office be furnished with the evidence that the deed was an absolute conveyance for value, and that there are no other agreements, oral or written, regarding the ownership of the land described herein, NOTE: Unable to verify if the above referenced "uninsured" deed is a valid transfer. 14. Any defects, liens, encumbrances or other matters which name parties with the same or similar names as THANH NGOC NGUYEN. The name search necessary to ascertain the existence of such matters has not been completed. In order to complete this preliminary report or commitment, we will require a statement of information. 15. Any defects, liens, encumbrances or other matters which name parties with the same or similar names as NGUYEN TRUST. The name search necessary to ascertain the existence of such matters has not been completed. In order to complete this preliminary report or commitment, we will require further documentation regarding the entity in question. 16. Any right, title or Interest of the spouse (if any) of THANH NGOC NGUYEN. 17. Rights of parties in possession. Prior to the issuance of any policy of title insurance, the Company will require; 18. A deed from the spouse (if any) of TFIANFI NGOC NGUYEN be recorded in the public records, or the joinder of the spouse named herein on any conveyance, encumbrance or lease to be executed by said married person. The deed should contain the following statement: "It is the express intent of the grantor, being the spouse of the grantee, to convey all right, title and interest of the grantor, community or otherwise, in and to the herein described property to the grantee as Itis/her sole and separate property." 19. With respect to 12620 BROOKHURST, LLC, a california limited liability company: a. A copy of its operating agreement and any amendments thereto; In, If it is a California limited liability company, that a certified copy of its articles of organization (LLC -1) and any certificate of correction (LLC -11), certificate of amendment (LLC -2), or restatement of articles of organization (LLC -].0) be recorded in the public records; c, If it is a foreign limited liability company, that a certified copy of its application for registration (LLC -5) be recorded in the public records; d. With respect to any deed, deed of trust, lease, subordination agreement or other document or instrument executed by such limited liability company and presented for recordation by the Company or upon which the Company is asked to rely, that such document or instrument be executed in accordance with one of the following, as appropriate: (i) If the limited liability company properly operates through officers appointed or elected pursuant to the terms of a written operating agreement, such document must be executed by at least two duly elected or appointed officers, as follows: the chairman of the board, the president or any vice president, and any secretary, assistant secretary, the chief financial officer or any assistant treasurer; (ii) If the limited liability company properly operates through a manager or managers identified in the articles of organization and/or duly elected pursuant to the terms of a written operating agreement, such document must be executed by at least two such managers or by one manager if the limited liability company properly operates with the existence of only one manager. e. Other requirements which the Company may impose following its review of the material required herein and other information which the Company may require FirstAmerlcan Title Page 4 of 1.5 75K-16