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Page 3 of 3 <br />Lot E, as shown on the Map entitled “Tract No. 3475 Oakwood Lake, Unit No. 2”, filed March 9, <br />2006 in the Office of the San Joaquin County Recorder in Book 40 of Maps and Plats, at Page <br />66. <br />EXCEPT THEREFROM (a) all oil, gas, hydrocarbons, associated substances, and other minerals <br />of every kind and character lying more than 500 feet below the surface of the Property; and (b) <br />all riparian and other water rights, including without limitation all rights to percolating <br />groundwater and subsurface groundwater, as reserved in the Deed by Vernalis Partners, LTD, a <br />California limited partnership to Beck Properties, Inc., a California corporation recorded March <br />15,2004 as Instrument No. 2004-051326 in Official Records, as their respective interest <br />appears. <br />APN: 241-540-14