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Title No.: FSST-TO15002534 <br /> EXCEPTIONS <br /> (continued) <br /> 8. The Company will require the following documents for review prior to the issuance of any title insurance <br /> predicated upon a conveyance or encumbrance from the entity named below. <br /> Limited Liability Company: SCG Properties LLC, a California limited liability company(Seller); and <br /> Carmax Auto Superstores California, LLC (Buyer) <br /> a. A copy of its operating agreement, if any, and any and all amendments, supplements and/or <br /> modifications thereto, certified by the appropriate manager or member. <br /> b. If a domestic Limited Liability Company, a copy of its Articles of Organization and all amendment <br /> thereto with the appropriate filing stamps. <br /> c. If the Limited Liability Company is member-managed a full and complete current list of members <br /> certified by the appropriate manager or member. <br /> d. If the Limited Liability Company was formed in a foreign jurisdiction, evidence, satisfactory to the <br /> Company that it was validly formed, is in good standing and authorized to do business in the state <br /> of origin. <br /> e. If less than all members, or managers, as appropriate, will be executing the closing documents, <br /> furnish evidence of the authority of those signing. <br /> The Company reserves the right to add additional items or make further requirements after review of the <br /> requested documentation. <br /> END OF EXCEPTIONS <br /> CLTA Preliminary Report Form-Modified(11.17.06) Printed: 07.06.15 @ 11:11 AM by CL <br /> SCA0002402.doc/Updated: 12.05.14 7 CA-CT-FSST-02180.054532-SPS-1-1 5-FSST-TO1 5002534 <br />