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ALTA COMMITMENT'FOR TITLE INSURANCE <br /> SCHEDULE 8 PART I <br /> ISSUED BY <br /> STEWART TITLE GUARANTY COMPANY <br /> Commitment Number 6541013 <br /> SCHEDULE B.PART I <br /> Requirernents <br /> All of the followi ng Requi rerrems rr ust.be met <br /> A. The Prop Insured must no-j'y the Cbrr pang in writi ng of the narr-e of any parry not referred�o in'.his <br /> Comrr itment who will obtain an interes!in the Land or who vAl I make a loan on the Land.The Company may <br /> then make additional Requirements or Exceptions. <br /> B. Pay the agreed arrou n-for--he estate or in-crestto be insured. <br /> C_ Pay the prerr iurr s,ems,and charges for the Policy to`he Company. <br /> D_ Docurrenm sadsfaaory to the Cornpany that convey-the Title or create the Mortgage to be i nsu red,or both, <br /> must be properly aLr-horized,executed,delivered,and recorded in the Public Records. <br /> E. The record does not disclose any open mortgages. Crorrfirrra-jon of this must be made prior to closing. <br /> F. Affidavit s-ating th at Ala n R. Pearson referenced as grantee i n Warranty wed filed as E oicu ment Nu mber <br /> G 19022 and R.Alan Pearson referenced as grantor in Warranty Deed filed as Document Number 1971756-DO I <br /> are one and the sari person. (Pa reel:3). <br /> G. Satistaotory evidence&the authority of the pefson(s)signing on behalf of Pearson Properties of Ranvsey,LLC, <br /> a N in nesota I imited liability cornpaLny is re-q uired prior tociasi ng. <br /> H_ Warranty D-Peed from Pea rson Properties of Ramsey, LLC,a Minnesota limited I iability c*mpany,toCapstone <br /> Homes, Inc.,a P61 innesota corporation. (Parcels 1 and 2) <br /> 1. A Cer-tifioa-e of Trus-.in regards-.o he Alan R_PeaFson Revocable Trust u.?a dated April 7.2DO5,along with an <br /> Affidavit of Tru stee,is required i n su pp ort of the yance_ <br /> J. Trustee's Deed-'rom Alan R. Pearson and Elizabeth J_Pearson,Trustees of qhe Alan R.Pearson Revocable <br /> Trust ula da-ed April 7,2DCB-,to Capstone lHornes,Inc-,a Minnesota corporation- <br /> K. A Certificate of Trus-in regards tDth-e Elizabeth J_Peamcm Trust uia dated Apwil 7.2DO5,along with an Affidavit <br /> of Trustee, is re-qu ired in support of the conveyance_ <br /> L. Trustee's Deed from Alan R. Pearson and Elizabeth J. Pearson,Trus-.ees of the Eliza beth J.Pearson Trusr-w'a <br /> dated Apri 17,20135,to Capstone Homes, Inc.,a Min neso-.a corpora*jon,. <br /> M_ The standard form of Seller's andlor Purchasees Affidavit,satisfac7ory to the C-om pang,vwil I be requ ired. <br /> I NFORLIATIONAL NOTE: Title is vested in Pearson Properties of Ramsey,LLC,a Minnesota limited liabiVy <br /> company as evidenced by Warranty Deed dated December 2B,2004,fi led December 29,2004 as Document <br /> Number 11371756_DO I.(PairceAs 1 and 2) <br /> 1 NFORMA110NAL NOTE: Title is vested in Alan R.Pearson and Elizabeth J.Pearson,Trustees of the Alan R. <br /> Pearson Revocable Trust ula dated April 7,2005 as evidenced by Warranty Deed dated January danuary 25,2 D 1 D,filed <br /> Ms,pa-Ve IS wq apart of 20TO ALTO.*CaffRArwri f�y Tive fnslind rA. T1v7Czrnn- <br /> art L-Z rear rya LIJ Wjy��LFt-UL�e W,&e M e Qr,,Mirn.Vnen r Z <br /> Reqvivmen r�.,ag a S G be&Lke j51 Pa a f) &cq cm r)E:are a <br /> essim Pa ,xy Im cari-mYrrienr cowimns;=eaurl?A.: ScMaa ul e B. Pa n <br /> co".-migim aff e by M e GxVa9y cv xs&wtg ag en r n4x rnay be iri,L3 dirt oa rry <br /> CDpyrlglhl NN-M R Arrorican LmW TfiM AsaDcb%NL All dgM3 res&rvEld, <br /> T he me DT tN s Form�DF an y d eiW alive toes wri Is w e M d to ALTA I k�e nsees wpd kL TA merr b Ks I n good s13M I N as of tW da to cr L se. %Llk L L <br /> A]I othff twies are pfM bi led. R Wd ntLLd LrKW k*mae fr=the Arnefl cm UM Title Assod at Dn. <br /> LT File No.: MW113 U: I <br /> Xl&U N ALTA.C Dm ftenen t For TI 1 e I naran ce 8-1-16 <br /> palp-Ir of 11 <br /> Page 16 of 20 <br />