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IIIIIIIII) III Ill,f ". OLD REPUBLIC TITLE COMPANY * 5405 N.PERSHING AVE.,BLDG B • STOCKTON,CA • 95207 • (209) 951-9460 Fax: (209)477-8603 � • r f PRELIMINARY REPORT Issued for the sole use of: Our Order No. 389251-CG V Lebaron Ranches, L.P. 2087 Grand Canal Boulevard, #5 Reference Stockton, California 95207 r When Replying Please Contact: Christy Gordon (209) 951-9460 Property Address: 11501 East Jahant Road, Acampo, CA 95220 [Unincorporated area of San Joaquin County] In response to the above referenced application for a policy of title insurance, OLD REPUBLIC TITLE COMPANY hereby reports that it is prepared to issue, or cause to be issued, as of the date hereof, 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 below 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 may be set forth in Exhibit A attached. Copies of the Policy forms should be read. They are available from the office which issued this report. 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 jprovide 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 title to the land. This report (and any supplements or amendments 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 be assumed prior to the issuance of a policy of title insurance, a Binder or Commitment should be requested. Dated as of April 20th ,2001 , at 7:30 A.M. - � IA� OLD REPUBLIC TITLE COMPANY �&4 PQM4t40"-& B 9Lf1 - J�1 op- A AI- .. For Exceptions Shown or Referred to, See Attached Page 1 of 7 Pages +� ORT 3157-A (Rev. 5/1/00)