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AUG-07-2003 16:04 P.02i12 �t( ZD kFdnSS FINANCIAL TITLE COMPANY PRELIMINARY REPORT Branch: First American Title Company 1610 Arden Way, Suite 101 Atm: Lisa A. Blasquez Sacramento, CA 95815 1610 Arden Way, Ste. 190 Phone: (916)563-0390 Fax: (916) 563-0399 Sacramento, CA 95815 Contact: Mark Pilatti/JMC/cc Order Number: 42413827-802-MJP Property Address: Other Reference: Buyer/Borrower: Richland Communities In response to the above mfuenced application for a policy of tide insurance,this Company reports that it is prepared to issue.or cause to be issued, as of the date hereo&a Policy or Policies of Title Insurance describing the land and the estate or interest therein hereinafter set forth,insuring against loss which may be sustained by reason of any defect, lien or encumbrance not shown or referred to as an Exception herein or not excluded from coverage pursuant to the printed Schedules, Conditions and Stipulations of said Policy forms. The printed Exceptions and Exclusions from the coverage of said Policy or Policies are set forth in Exhibit A attached. Please read the exceptions shown or referred to below and the Exceptions and Exclusions set forth in Exhibit A of this report carefully. The exceptions and exclusions are meant to provide you with notice of matters which are not covered under the terms of the title insurance policy and should be carefully considered. It is important to note that this preliminary report is not a written representation as to the condition of title and may not list all liens,defects, and encumbrances affecting t tk to the land. This report(and any supplements hereto) is issued solely for the purpose of facilitating the issuance of a policy of title Insurance and no liability is assumed hereby. If it is desired that liability he assumed prior to the issuance of a policy of title insurance,a Binder or Commitment should be requested. The form of policy of title insurance contemplated by this report is: CLTA Owner's Policy Dated as of July 17,2003 at 7:30 a.m. The estate or interest in the land hereinafter described or referred to covered by this Report is: A Fee Title to said estate or interest at the date hereof is vested in: YVONNE DIANE HOLST,A MARRIED PERSON; CLEMENT LEWIS HOIST, A MARRIED PERSON; YVONNE B.LAWRENCE,AS SURVIVING TRUSTEE UNDER TRUST AGREEMENT _ DATED OCTOBER 10, 199% BETWEEN HARVEY I.LAWRENCE AND YVONNE B. LAWRENCE AS TRUSTORS AND AS TRUSTEE; AND HARVEY J.LAWRENCE, ALL AS THEIR INTERESTS MAY APPEAR