Schedule A 1. Commitment Date: 08/25/2017 at 8:00 AM Commitment No.: GRC-99585 Revision No. 2 2. Policy (or Policies) to be issued: Policy Amount a. ALTA Owner's Policy $TBD Proposed Insured: To be determined $TBD Proposed Insured: To be determined, its successors and/or assigns as their interests may appear as defined in the Conditions of this policy 3. Fee Simple interest in the land described in this Commitment is owned, at the Commitment Date by: Gene R. Van Rhee, Trustee of the Gene R. Van Rhee Revocable Living Trust dated May 26, 2000 4. The land referred to in this Commitment is described as follows: Situated in the Township of Sauble, County of Lake, State of Michigan PARCEL D: Part of the Northwest Quarter (NW1/4), Section 2, Town 19 North, Range 14 West, beginning at a point on the East and West 1/4 line, Section 2, 878.45 feet N89 48'50''E of the West 1/4 corner of Section 2; thence N 1 39'50''E, 980.82 feet to the South shore of Sauble Lake No. 1; thence S43 52'45'' E along said shore 303.66 feet; thence S33 17'10''E, 46.42 feet; thence S52 17'10''E, 8.85 feet; thence S47 41'30''W, 116.56 feet; thence S 1 39'50''W, 638.75 feet; thence S89 48'50''W, 115.73 feet to the point of beginning. Together with and subject to rights of others in and to a 30 foot road easement more particularly described as: Beginning at a point located N89 48'50''E, 428.45 feet and N1 39'50''E, 320 feet from the West 1/4 corner of Section 2, Town 19 Narth, Range 14 West, thence N89 48'50''E parallel with the East and West 1/4 line of said Section 2, 878 feet to the West right of way line of a county road; thence South along right of way 30 feet; thence S89 48'50'' W, 878 feet to the point of ending. AND PARCEL E: Part of the Northwest One-Quarter (NW1/4), Section Two (2), Town Nineteen North (T19N), Range 14 West (R14W), beginnlng at a point located North (N) 89 48'50'' East (E) 994.18 feet and North (N) 1 39'50'' East (E), 414.20 feet from the West One-Quarter (W1/4) Corner of Section Two (2): thence North (N) 1 39'50'' East (E), 224.55 feet; thence North (N) 47 41'30'' East (E), 116.56 feet; thence North (N) 52 17'10'' West (W), 8.85 feet; thence North (N) 33 17'10'' East (E) 46.42 feet to the South (S) shore of Sauble Lake Number One (1); thence along said shore South (S) 64 31'10'' East (E), 43.84 feet; thence South (S) 18 23'10'' West (W) 84.12 feet; thence South (S) 52 13''50'' East (E), 88.55 feet; thence South (S)42 43'30'' East (E), 188 feet to tha West (W) Right-of-Way of a County Road; thence South (S) along said West (W) Right-of-Way, 25 feet Form 5011626-A(8/1/09) Page 1 of 5 ALTA Commitment (6-17-06) Michigan - Schedule A
to the center of an existlng drive; thence North (N) 57 12'50'' West (W), 266 feet along said drive; thence South (S) 30 37'10'' West (W), 185.00 feet to the point of beginning. EXCEPT THE FOLLOWING DESCRIPTION: A parcel of land located in Section 2, Township 19 North, Range 14 West, Sauble Township, Lake County, Michigan, more particularly described as follows: commencing at the Southwest corner of said Section; thence N00 44'06''W, 2667.46 feet along the West line to the West 1/4 corner of said Section; thence N89 48'50''E, 878.41 feet along the East-West 1/4 line of said Section to the point of beginning; thence N01 38'46''E, 290.03 feet; thence N89 54'02''E, 115.86 feet; thence S01 39'54''W, 289.85 feet to a point on said East-West 1/4 line; thence S89 48'50''W, 115.77 feet along said East-West 1/4 line to the point of beginning. THE PROPERTY DESCRIBED ABOVE IS MORE PARTICULARLY DESCRIBED AS: A Part of the Northwest 1/4 of Section 2, Town 19 North, Range 14 West, Sauble Township, Lake County, Michigan, being more particularly described as Commencing at the West 1/4 corner of said Section; thence North 89 degrees 57' 08'' East, along the East-West 1/4 line, 878.47 feet; thence North 01 degrees 45' 22'' East 290.10 feet to the Point of Beginning; thence North 01 degrees 51' 23'' East 690.77 feet to the Shore of Sauble Lake No. 1; thence along said shore the following two calls; South 43 degrees 42' 19'' East 303.22 feet; thence South 64 degrees 43' 37'' East 43.81 feet; thence South 20 degrees 14' 27'' West 84.20 feet; thence South 50 degrees 24' 17'' East 88.47 feet; thence South 40 degrees 59' 30'' East 188.08 feet to the West Right-of Way line of a County Road; thence South 01 degrees 11' 35'' East along said Right-of-Way 37.05 feet to the centerline of an existing Drive; thence North 56 degrees 38' 27'' West 263.69 feet; thence South 30 degrees 40' 59'' West 185.14 feet; thence South 01 degrees 53' 52'' West 124.22 feet; thence North 89 degrees 54' 11'' West 115.86 feet to the Point of Beginning. Together with and subject to rights of others in and to a 30 foot road easement more particularly described as: Beginning at a point located North 89 degrees 48' 50'' East 428.45 feet and North 01 degrees 39' 50 East, 320.00 feet from the West 1/4 corner of Section 2, Town 19 North, Range 14 West, Sauble Township, Lake County, Michigan; thence North 89 degrees 48' 50'' East, parallel with the East-West 1/4 line of said Section 878.00 feet to the West Right-of Way line of County Road; thence South, along Right- of Way line 30.00 feet; thence South 89 degrees 48' 50'' West 878.00 feet to the Point of Ending. By: Authorized Countersignature Neil Sherman (This Schedule A valid only when Schedule B is attached.) 4949 Plainfield Avenue NE, Grand Rapids, Michigan 49525 Telephone: (616) 885-9027 Facsimile: (616) 885-9033 Form 5011626-A(8/1/09) Page 2 of 5 ALTA Commitment (6-17-06) Michigan - Schedule A
Schedule BI REQUIREMENTS Commitment No.: GRC-99585 Revision No. 2 The following requirements must be satisfied: 1. Pay the agreed amounts for the Title and/or the mortgage to be insured. 2. Pay us the premiums, fees and charges for the policy. 3. Documents satisfactory to us creating the interest in the Land and/or the mortgagor to be insured must be signed, delivered and recorded: A. Submit "Affidavit by Owner". Additional requirements may be made or exceptions taken for matters disclosed therein. B. Provide evidence of the purchase price and/or the amount of the mortgage to be insured. C. When the proposed insured is identified, additional requirements and/or exceptions may be made. D. Current Certificate of Trust Existence and Authority for the Gene R. Van Rhee Revocable Living Trust, which complies with the requirements of MCL 565.432; MSA 26.745(2). E. Warranty Deed from Gene R. Van Rhee, Trustee of the Gene R. Van Rhee Revocable Living Trust dated May 26, 2000 to the proposed insured purchaser(s). F. NOTE: A search of the Public Records does not reveal any open mortgage. You must disclose any knowledge of any unrecorded mortgage or other obligation that may result in a lien attaching to the Land. G. NOTE: Tax description is currently different than the description to be insured herein. The assessor will make the necessary change once the closing has occurred and documents have been sent for recording. 4. You must tell us in writing the name of anyone not referred to in this commitment who will get an interest in the Land or who will make a loan on the Land. We may make additional requirements relating to the interest or the loan. 5. Pay unpaid taxes and assessments unless shown as paid. The amounts shown as unpaid do not include collection fees, penalties or interest. SEE ATTACHED TAX INFORMATION SHEET Form 5011626-BI (8/1/09) Page 3 of 5 ALTA Commitment (6-17-06) Michigan - Schedule BI
TAX INFORMATION SHEET The amounts shown as unpaid do not include collection fees, penalties or interest. 2016 Winter Taxes in the amount of $2,002.49 are PAID. 2017 Summer Taxes in the amount of $708.01 are PAID. Property Address: 5616 North Utter Road, Irons, Michigan 49644 Tax Parcel Number: 05-002-028-01 2017 State Equalized Value: $89,500.00 Taxable Value: $58,316.00 Principal Residence Exemption: 0% School District: Baldwin Special Assessments: NONE Form 5011626-BI (8/1/09) Page 4 of 5 ALTA Commitment (6-17-06) Michigan - Schedule BI
Schedule BII EXCEPTIONS Commitment No.: GRC-99585 Revision No. 2 The policy or policies to be issued will contain exceptions to the following matters unless the same are disposed of to the satisfaction of the Company: 1. Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title including discrepancies, conflicts in boundary lines, shortage in area, or any other facts that would be disclosed by an accurate and complete land survey of the Land, and that are not shown in Public Records. 2. Any facts, rights, interests, or claims that are not shown by the Public Records but that could be ascertained by an inspection of the Land or that may be asserted by persons in possession of the Land. 3. Easements, liens or encumbrances, or claims thereof, not shown by the Public Records. 4. Any lien or right to lien for services, labor or material imposed by law and not shown by the public records. 5. Taxes and assessments not due and payable at Commitment Date. 6. Taxes and assessments which become due and payable after the Date of Policy, including taxes and assessments which may be added to the tax rolls or tax bill after the Date of Policy as a result of the taxing authority disallowing or revising an allowance of a Principal Residence Exemption (''PRE''), and invoices or assessments resulting from Building or Ordinance violations, if any. 7. Any rights, title, interest or claim thereof to that portion of the land taken, used or granted for streets, roads or highways. 8. All oil, gas and mineral interests of every kind and nature, and all rights appurtenant thereto. 9. Rights of tenant(s) now in possession of the land under unrecorded leases or otherwise. 10. Rights of others in and to the easement as set forth on Schedule A. 11. Easement for 10 foot driveway as disclosed and described on deed recorded in Liber 99, Page 305. Form 5011626-BII (8/1/09) Page 5 of 5 ALTA Commitment (6-17-06) Michigan - Schedule BII