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HomeMy WebLinkAboutcoa.lu.gm.617 E Cooper.0040.2010I ram U) 0 THE CITY OF ASPEN City of Aspen Community Development Department CASE NUMBER PARCEL ID NUMBER PROJECTS ADDRESS Fa :►► WN CASE DESCRIPTION REPRESENTATIVE DATE OF FINAL ACTION 0040.2010.ASLU 2737 18 2 43 071 617 E. COOPER AVE DREW ALEXANDER DEVELOPMENT ORDER LOVE 9.22.2010 CLOSED BY ANGELA SCOREY ON: 9. 22.10 0 273I - 18-2 -g3-07 I" 1 111 1 _, Eile Edit Record Navigate Form Reports Format Tab Help Clgarr ooz�o 2 of D - A-S�-i(4 'AQ Routing Status Fees Fee Summary Main Actions Attachments Routing History Valuation ArchjEng Custom Fields Sub Permits Parcels i G7 Permit type aslu Aspen Land Use Permit * 0040.2010.ASLU Address 617 E COOPER AVE AptjSuite 125 City ASPEN Skate CO trip 81611 Permit Information a Master permit Routing queue aslu07 Applied 8! t2010 Project Status pending Approved g $ Issued Description ARE TO BE MERGED AND RENOVATED TOGETHER THEIR NET LIVABLE SPACE IS BELOW 1500 SQ FT AND THE PROJECT IS EXEMPT FROM GROWTH MANAGEMENT Final REVIEW. Submitted SARAH DE STEFANO 925 2100 X 8 Clock Running Days F70 Expires 7i29 011 Submitted via Owner Last name LOVE First name JON 8 NANCY 2100-155 CUMBERLAND ST TORANTO ON M5R1 A2 Phone (416) 842-1751 Address Applicant ❑ Owner is applicant? ❑ Contractor is applicant? Last name KERIBROWN ARCHITECTS Frst name 119 S SPRING ST Phone (970) 925-2100 X8 Cust 121250 Address ASPEN CO 81611 Lender Last name Frrst name hPhone ( ) Address Displays the permit lender's address AspenGold5 (server) angelus _ 1 of I '2cy Zco95— Q / DEVELOPMENT ORDER of the City of Aspen Community Development Department This Development Order, hereinafter "Order", is hereby issued pursuant to Section 26.304.070, "Development Orders", and Section 26.308.010, "Vested Property Rights", of the City of Aspen Municipal Code. This Order allows development of a site specific development plan pursuant to the provisions of the land use approvals, described herein. The effective date of this Order shall also be the initiation date of a three-year vested property right. The vested property right shall expire on the day after the third anniversary of the effective date of this Order, unless a building permit is approved pursuant to Section 26.304.075, or unless an exemption, extension, reinstatement, or a revocation is issued by City Council pursuant to Section 26.308.010. After Expiration of vested property rights, this Order shall remain in full force and effect, excluding any growth management allotments granted pursuant to Section 26.470, but shall be subject to any amendments to the Land Use Code adopted since the effective date of this Order. This Development Order is associated with the property noted below for the site specific development plan as described below. Property Owner's Name, Mailing Address Jon and Nancy Love, 2100-155 Cumberland Street, Toronto, ON M5R1A2 Legal Description and Street Address of Subject Property Subdivision: Aspen Square Unit: 125 / Subdivision: Aspen Square Unit: 126, commonly known as 617 East Cooper Avenue (Aspen Square Condominium Hotel) Written Description of the Site Specific Plan and/or Attachment Describing Plan The Applicant proposes to combine units 125 and 126 into one unit at approximately 1,494 total square feet of net livable area. Land Use Approval(s) Received and Dates (Attach Final Ordinances or Resolutions) Growth Management Quota System Exemption from Demolition or Redevelopment of Multi -Family Housing, 08/26/2010 Effective Date of Development Order (Same as date of publication of notice of approval.) September 5, 2010 Expiration Date of Development Order (The extension, reinstatement, exemption from expiration and revocation may be pursued in accordance with Section 26.308.010 of the City of Aspen Municipal Code.) September 5, 2013 Issued this 26th d of August, 2010, by the City of Aspen Community Development Director. )I Y . . A. Chris Bendon,Wryin- pity Development Director AFFIDAVIT OF PUBLIC NOTICE REQUIRED BY SECTION 26.304.070 AND CHAPTER 26.306 ASPEN LAND USE CODE ADDRESS OF PROPERTY: .6(7 C Comer Aspen, CO STATE OF COLORADO ) ss. County of Pitkin ) I, O ,\ (name, please print) being or representing an Applicant to the City of Aspen, Colorado, hereby personally certify that I have complied with the public notice requirements of Section 26.304.060 (E) or Section 26.306.010 (E) of the Aspen Land Use Code in the following manner: Publication of notice: By the publication in the legal notice section of an official paper or a paper of general circulation in the City of Aspen no later than fourteen (14) days after final approval of a site specific development plan. A copy of the publication is attached hereto. Publication of notice: By the publication in the legal notice section of an official paper or a paper of general circulation in the City of Aspen no later than fifteen (15) days after an Interpretation has been rendered. A copy of the publication is attached hereto. Signature The foregoing "Affidavit of Notice" was acknowledged before me this of 20%T� , by day PP;R:� ... WITNESS MY HAND AND OFFICIAL SEAL !!vA M. ? My ' -commission expires: � l �� INC l OF ()(o4tary Public My C=ni Wn Eares 0312912014 ATTACHMENTS: COPY OF THE PUBLICATION 16 Sunday, Septer PAKIC NOTICE Of DEVELOPMENT APPROVAL Notice is hereby given to the general public of the approval of a site specific dpevelopment plan, and the to Land Use Codeof ttherCit rtoirAspenuand Title 24, Article 68, Colorado Revised Statutes, pertain- ing to the following legally described property: Subclwiwon, Aspen Square Units: 125 li 126, the property commonly known as 617 East Cooper Avenue (Aspen S uare Condominiutmtyy Hotel)order -1 by men t DepartmltenttonsAug st 261h,120D10VeT e Applicant receivetl approval for a GMOS Exemp- tion for Demolition, Multi -Family Replacement re- lating to the proposed combination of two units at the Aspen Square Condominium Hotel. For further information contact Drew Alexander, at the City of Aspen Community Development Department, 130 S. Galena St, Aspen, Colorado (970) 429-2739. a/ City of Aspen Published in The Aspen Times Weekly on September 5.2010. [55193381 NOTICE OF APPROVAL For a Growth Management Quota System Exemption From Demolition or Redevelopment of Multi -Family Housing, Unit 125 and 126, Aspen Square Condominium Hotel, Commonly Known as 617 E. Cooper Avenue Parcel ID No. 2737-18-2-43-071 APPLICANT: Jon and Nancy Love REPRESENTATIVE: Stryker Brown Architects SUBJECT & SITE OF EXEMPTION: Growth Management Quota System (GMQS) Exemption for Aspen Square Condominium Hotel, commonly known as 617 East Cooper Avenue, involving the combining of units 125 and 126. SUMMARY: The Applicant has requested a GMQS exemption to combine two residential multi -family units at the Aspen Square Condominium Hotel. Typically, this scope of work would trigger a GMQS Review under Section 26.470.070 (5), Demolition or redevelopment of multi -family housing. Affordable housing mitigation is required when a unit is demolished or eliminated unless the dwelling units meet certain exemption criteria. Section 26.470.070(5), Demolition or Redevelopment of Multi family Housing, includes the provision that the combining, demolition, conversion, or redevelopment of multi- family housing shall be approved, approved with condition or denied by the Planning and Zoning Commission and that the development must provide mitigation in the form of affordable housing unless the subject dwelling units qualify for an exemption from the GMQS review. This section of the Land Use Code contains a list of exemptions from the affordable housing mitigation provision. The Applicant is pursuing the following exemption for the combining of units 125 and 126: 26.470.070(5)(8)(c), Exemptions: "The demolition, combining, conversion, replacement, or redevelopment of Multi - Family Housing Units which have been used exclusively as tourist accommodations or by non -working residents. The Community Development Director may require occupancy records, leases, affidavits, or other documentation to the satisfaction of the Director to demonstrate that the unit(s) has never housed a working resident. All other requirements of this Title shall apply including zoning, growth management, and building codes. " Page I of 3 The Aspen Square Condominium Hotel is a mixed -use property located in the Commercial Lodge (CL) zone district. The Lodge designation allows for the multi- family units within the structure to be rented on a short-term basis. The Applicant has submitted a number of documents (Exhibits A and B) stating that neither Unit 125 nor 126 have been used for anything other than tourist accommodations. These documents include letters from the Aspen Square Condominium Hotel General Manager, and an occupancy report for both units dating back to 1996. Typically, Community Development would request an owner affidavit stating that the units were never used by a working resident. However, the owners of both 125 and 126 have not owned the property for a significant period of time, thus rendering this form of evidence less beneficial. Another requirement that needs to be considered for this conversion is the net livable area of the new and larger unit once the two units have been merged. In the CL zone district, the maximum unit size in net livable square feet is 1,500. The Applicant has stated that after the conversion takes place, the total net livable area will be 1,494 square feet. STAFF EVALUATION: In reviewing this application, Staff first analyzed the evidence establishing proof that at no point did a working resident occupy these units. Initially, all that was submitted was a signed letter by the hotel's General Manager. This was not sufficient enough evidence for Community Development to make a final determination and Staff requested additional documentation. The Applicant returned with a notarized letter from the General Manager and occupancy reports for 125 and 126 dating back to 1996. Staff believes that this additional information provides a reasonable basis to approve the GMQS exemption for the proposal at Aspen Square Condominium Hotel. Additionally, Staff reviewed the submitted floor plans and determined that the net livable area will not exceed the maximum amount of 1,494. This approval does not negate the requirement to obtain a building permit and the Applicant shall do so prior to any commencement of work on the property. DECISION: The Community Development Director finds the GMQS Multi -Family Replacement Exemption for the combining of two units (Unit 125 and 126) at Aspen Square Condominium Hotel to be consistent with the review criteria found within section 26.470.070(5)(8)(c) and thereby, APPROVES the exemption as specified below. The approved exemption to 617 E. Cooper Street, Units 125 and 126, allows for the combining of units without the incorporation of Multi -Family Replacement affordable housing mitigation. {Signature on following page} Page 2of 3 7-� • APPROVED Chris Bendon Community Development Director 5,��O.�D Date Attachments: Exhibit A — Letter from Aspen Square Condominium Hotel General Manager Exhibit B — Occupancy Records (pages from oldest record in 1996 — full record in case file) Exhibit C — Existing and proposed floor plans Page 3of 3 ;EJ ■ �TEN 5WKE Condominium Hotel in Downtown Aspen August 23, 2010 • 0F_Xp+I 151 1 Drew Alexander City of Aspen Planning Department 130 S. Galena Street, 3rd Floor Aspen, CO 81611 L RECEIVEr! AUG 2 3 2010 CITY OF ASPEN' COMMUNITY DEVELOPMEN t Affidavit: I have been the General Manager of Aspen Square Condominium Hotel continuously from 1993 until now. To the best of my knowledge, condominiums #125 & #126 have never been occupied by an employee from the time the building was first occupied to the present date. Aspen Square operates an active short-term rental program and to my knowledge both condominiums have been included in our nightly rental business since the building was first opened. They have never seen employee occupancy. TTk, you, Warren Klug General Manager COUNTY OF PITKIN STATE OF COLORADO The foregoing instrument was acknowledged before me this 4th day of November, 2009. The undersigned officer personally appeared: Warren Klug who acknowledged himself to be the General Manager of Aspen Square Condominium Association, a corporation, confirming that he is authorized to execute the foregoing instrument for the purposes therein contained. WITNESS my hand and official seal My Commission Expires: /I- /_3 — 2-011. Notary Public �pRY.....V =rBARBARA MOSTY 617 East Cooper Avenue • Aspen, Colorado 81611 • 970-925-1000 . FAX 970 ()f+BRO Op E-Mail: info@aspensquarehotel.com On the Web: www.aspensquarehotel.co °FC "'per 1-800-TO ASPEN (1-800-862-7736) coy KA7T CCOPER AVENUE oil ;K H I r5 I r 13 AAK OEM STUPRE UN'T RIO-` PA CDs Q936 SLtPME CP 9122C 791 MATEO 5TAV 0 0 0 Owi-- v WOHMMU"H M02-13 14 F-iW7 QKpvNSv1-. , v , i mc r nd ice Rwpany ? 9 i�01 of 5" Fund Cum ; P:, 2A 70 e Tr R4P I A 1 a t 7 C C i C )m&w 12 50-Y ZC 90 2" 2 1 A W. m 1 y i 1 6 Not to p ALPM!". TO 1 RE 7M REKKM-,� 60 51 Fd"O AA17hilow 0.". 2"- 50 "57FUTTINE A KUM! 4 �Ulsl 7-A 2-) 005' nAQ HTO i XWO 'M�: M 4 .' 3 VOTFA :1 7 2 2 -� L AvML j"O T V! 0 A L w QSPPN 00 pl"I'l (MV9 1-1000 LINDA kPTEK... POPEF EQUAM qU7 NOM OR .S Q7 !F 10 Q wb vr..? Aj-!? qis's,5?rt h, �Tpeo loan not "I CO— 0 0 0 � 0 �e� W N z w o a S'i 3 t 3 _ a$ g of 06 o w ¢ Q aYE�w�0 j 1C ¢ CCto a W N W� a¢¢ 0 0 W N U) a `I i a a a a ouq F- J 0. 0 0 0 0 0 0 W�££F Oz acne QgL� S o 0 0 �ZW4U�Q Zo w _ t z V� 9. �O ' m ffiffi !b� e Od W0 cc J 7� p o T) aO f $ R = X Ir J W a LL W w z z ZZ z O ma EC8°9 Zpj 7FxW II C iiGG��7l g z W ° � ° O Z ILU L' J a] � . F 3 W Q Q z Q ��J Na O O Z > 3 J J J V Q F Z d (i �0W pp� O W ;�W N(jza O u'rnU > O J W J W WN= - $0 ZZ {{ FFx W ° °ALL JI1 N �QF O W > y N N O C7�aN LL ��nww O N; IIILLL w W W W W~OOm W. Oru O>mO 2 V~i Oa .W^. Z Z Z Z Z M. WOOJran w WW� qw�FdZiE ii VFn6!v/1wdd l25 a Z U Zip 0 O z U' (9 ZZ N W X Z o WN -j LU ° W z > Z �, �H( OF W W WNJ rmr O 9 F=_- W E;- II v z > O-� o j ��o F Ili i w W K Q Q Oo? 'u5 $Wn yW O� O CJ U> a' CO J J W o n 1- Z f O z oE o zow J Fa-a nLL o� z ow ® uj If O LL W 1- Za ZZZ ZWC f C�V•^1 7 $ u� o zo ZO CJ 0 C� THE. CITY of ASPEN Land Use Application Determination of Completeness Date: August 9, 2010 Dear City of Aspen Land Use Review Applicant, We have received your land use application and reviewed it for completeness. The case number and name assigned to this property is 0040.2010.ASLU — 617 E. Cooper. Your Land Use Application is incomplete: e found that the application needs additional items to be submitted for it to be deemed complete and for us to begin reviewing it. We need the following additional submission contents for you application: 1) 24" by 36" scaled drawings of the floor plans (the submitted 8.5" by I I" is too small to accurately measure). 2) Documentation in the form of occupancy records, leases, affidavits, etc. that demonstrates both units have never housed a working resident and therefore the units are exempted from affordable housing mitigation. Please submit the aforementioned missing submission items so that we may begin reviewing your application. No review hearings will be scheduled until all of the submission contents listed above have been submitted and are to the satisfaction of the City of Aspen Planner reviewing the land use application. ❑ Your Land Use Application is complete: If there are not missing items listed above, then your application has been deemed complete to begin the land use review process. Other submission items may be requested throughout the review process as deemed necessary by the Community Development Department. Please contact me at 429-2759 if you have any questions. Th You, (—JAni'feAr Ph lan, Deputy Director City of Asp , ommunity Development Department For Office Use Only: Qualifying Applications: Mineral Rights Notice Required SPA PUD COWOP Yes No Subdivision (creating more than 1 additional lot) GMQS Allotments Residential Affordable Housing Yes No Commercial E.P.F. WROJEC-P. As ATTACHMENT 2 -LAND USE APPLICATION RECEIVED AUG 03 2010 CITY OF ASPEN Name: I/ = %NAJ ! 7- /a F- ,W/,R Location: AQP - S' Q — %7V u -' Co 91 / l CONCOS Indicate street address, lot & block number, legal description where appropriate) Parcel ID # (REQUIRED) kPPLICANT: Name: G_Q N i O V C- 9- y V Address: 00 O " /S /,-),IO a Phone #: P: 4I Ilp $14;? - 1761 IZEPRESENTATIVE: Name: wn� AKCH�7EC/ Address: I l J '.56"XI-1- .4j Phone #: p 4,70 9R5 - .7_ 1 c)0 TYPE OF APPLICATION: (please check all that apply): [K GMQS Exemption ❑ Conceptual PUD ❑ Temporary Use ❑ GMQS Allotment ❑ Final PUD (& PUD Amendment) ❑ Text/Map Amendment ❑ Special Review ❑ Subdivision ❑ Conceptual SPA ❑ ESA - 8040 Greenline, Stream ❑ Subdivision Exemption (includes ❑ Final SPA (& SPA Margin, Hallam Lake Bluff, condominiumization) Amendment) Mountain View Plane ❑ Commercial Design Review ❑ Lot Split ❑ Small Lodge Conversion/ Expansion ❑ Residential Design Variance ❑ Lot Line Adjustment ❑ Other: ❑ Conditional Use EXISTING CONDITIONS: (description of existing buildings, uses, previous approvals, etc.) l,Uy/ r it / as }- / ae, _1, t tie kenzy SD im=&, Aer ?,e0;�c N 7Zr pe%3 g m a i'G LLo 9S CommL,eci��., c oar.1nr� TX.E�v�� r4s S��s cf- PROPOSAL: (description of proposed buildings, uses, modifications, etc.) Q- I a4, jQPF 7D R,- MFO96. Pb ha-ub z61VOV L YI4 L_:; - IS w I o e. eyyvin Have you attached the following? FEES DUE: $ ❑ Pre -Application Conference Summary ynA �►t ❑ Attachment # 1, Signed Fee Agreement Z� N W �� ❑ Response to Attachment #3, Dimensional Requirements Form ❑ Response to Attachment #4, Submittal Requirements- Including Written Responses to Review Standards ❑ 3-D Model for large project All plans that are larger than 8.5" X 11" must be folded. A disk with an electric copy of all written text (Microsoft Nord Format) must be submitted as part of the application. Large scale projects should include an ,electronic 3-D model. Your pre -application conference summary will indicate if you must submit a 3-D model. stryier A R C H I T E C T S TRANSMITTAL VIA: Drop -Off RECEIVED AUG 0 3 2010 CITY OF ASPEN COMMUNITY XVELOPMFN7- Total Sections: 10 TO: Jennifer Phelan — 429-2759 City of Aspen : Planning and Zoning FROM: Sarah De Stefano, Stryker Brown Architects 970-925-2100 ext. 8 DATE: August 3, 2010 RE: Unit #125 & Unit #126 Love Remodel Attached: 1. Total Deposit for Review of the Application 2. Proof of Ownership 3. Completed Land Use Application 4. A signed fee agreement 5. A Pre -Application Conference Summary 6. A letter signed by applicant which states name of authorized person to act on behalf of applicant 7. Legal description of parcel 8. 8.5 x 11 vicinity Map locating parcel in City of Aspen 9. A written description of proposal 10.2 copies of the complete application packet and maps 1 1 9 SOUTH SPRING STREET A S P E N,C O L O R A D o 81 61 1 970.925.2100 925.2258 (FAX) • STRYKER / BROWN ARCHITECTS, P.C. 119 S. SPRING STREET ASPEN, CO 81611 (970) 925-2100 PAY Seven Hundred Thirty -Five and No / 100 Dollars TO THE ORDER OF CITY OF ASPEN 130 S. GALENA ST. ASPEN, CO 81611 RECEIVED w c' 0 3 2010 CITY Ur H�N� COMMUNITY DEVELOPMENT 14094 VECTRA BANK COLORADO ASPEN BRANCH ASPEN, COLORADO 81611 23.315-1020 U 2 C O b i m m DATE 7/30/10 j u 8 AUTHORIZED SIGNATURE Memo: Love: Land Use Application 1100 14094114 1: 10 2003 154o:47401 2898811' STRYKER / BROWN ARCHITECTS, P.C. CITY OF ASPEN Love: Land Use Application Account Detail: 14094 14094 7/30/10 $735.00 5-1000 Reimbursables $735.00 CITY OF ASPEN COMMUNITY DEVELOPMENT DEPARTMENT Agreement for Payment of CRY of Aspen Development Anniic)ntion Fees CITY OIr ASPEN (hereinafter CITY) and MTh t-4A 14 f) LB I )-\J G $ 1 N C (Hereinafter APPLICANT') AGREE AS FOLLOWS; 1. APPLICANT has submitted to CITY an a lication for s z; U /nlyo oN l/Y/ U /`'I.S (hereinafter, THE PROJECT). 2. APPLICANT understands and agrees that the City of Aspen has an adopted fee structure for Land Use applications mid the payment of all promming fees is a condition precedent to a determination of application completeness. 3. APPLICANT and CITY agree flint because of the size, nature or scope of the proposed project, if is not possible at this time to ascertain the Rill extent of the costs involved in processing the application. APPLICANT and CITY further agree that it is in the interest of the parties that APPLICANT make payment of an initial deposit and to thereafter permit additional costs to be billed to APPLICANT on a monthly basis. APPLICANT agrees additional costs may accrue following their hearings and/or approvals. APPLICANT agrees he will be benefited by retaining greater cash liquidity and will make additional payments upon notification by the CITY when they are necessary as costs are incurred. CITY agrees it will be benefifed through the greater certainty of recovering its full costs to process APPLICANT'S application. 4. CITY and APPLICANT further agree that it is impracticable for CiTY staff to complete processing or present sufficient information to flie Historic Preservation Commission, Planning and Zoning Commission and/or City Council to enable the Historic Preservation Commission, Planning and Zoning Commission and/or City Council to make legally required findings for project consideration, unless current billings are paid in full prior to decision. 5. 'Therefore, APPLICANT agrees that in consideration of (lie CITY's waiver of its right to collect full fees prior to a deterininalion of application completeness, APPLICANT shall pay an initial deposit in the amount of $__2_ 3 5, 00 which is for hours of Community Development staff time, and if actual recorded costs exceed the initial deposit, APPLICANT shall pay additional monthly billings to CITY to reimburse the CITY for the processing of the application mentioned above, including post approval review at a rate of $245.00 per planner hour over the initial deposit. Such periodic payments shall be made within 30 days of the billing date. APPLICANT further agrees that failure to pay such accrued costs shall be grounds for suspension of processing, and in no case will building permits be issued until all costs associated wiUt case processing have been paid. CITY OF ASPEN By. Chris ITendon Community Development Director APPLICANT Billing Address and Teleplione Number: /[:,/ /?",kay Sr4�i=L-;; .(T"ir4' 3,/Y0 11 Documentary Fee $ 1-80.00 RECEPTION#: 572025, 07115/2010 at 11:20:30 AM, 1 OF d, R25.00 DF $170.00 Doc Code WD Janice K. Vos Caudill, Pitkin County, CO RECEIVED WARRANTY DEED AUG 0 3 2010 THIS DEED, made July 15, 2010, CITY OF ASPEN CQMMU, jTY DEVELOPMENT Between JANI JENNIFER POINDEXTER, TRUSTEE OF JANI JENNIFER'S RU T U/A DATED SEPTEMBER 1, 2009 of the County of 1-05 Avg I a-j e S , State of t�l � -�o ,r y,� � C, , GRANTOR, AND JONA HOLDINGS INC., GRANTEE whose legal address is: SUITE 3140, 161 BAY ST., P. 0. BOX 204, TORONTO, ONTARIO, CANADA MSJ 251 WITNESSETH, That for and in consideration of the sum of ten dollars and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the grantor has granted, bargained, sold and conveyed, and by these presents does grant, bargain, sell and convey and confirm unto the grantee, his heirs and assigns forever, all the real property together with improvements, if any, situate and lying and being in the County of PITKIN, State of COLORADO, described as follows; CONDOMINIUM UNIT 26, AS SHOWN ON THE CONDOMINIUM MAP FOR ASPEN SQUARE CONDOMINIUM, appearing in the records of the County Clerk and Recorder of Pitkin County, recorded December 20, 1968 in Plat Book 3 at Page 365 as Reception No. 133472, and as defined and described in Affidavit recorded October 7, 1977 in Book 336 at Page 197, and as defined and described in that Declaration Aspen Square Condominium, recorded in Book 238 at Page 249 as Reception No. 133471. TOGETHER with all and singular the hereditaments and appurtenances thereto belonging, or in anywise appertaining, and the reversion and reversions, remainders, rents, issues and profits thereof, and all the estate, right, title, interest, claim and demand whatsoever of the grantor either in law or equity, of, in and to the above bargained premises, with the hereditaments and appurtenances. TO HAVE AND TO HOLD the said premises above bargained and described, with the appurtenances, unto the grantee, his heirs and assigns forever. And the Grantor, for herself, her heirs and assigns, does covenant, grant, bargain, and agree to and with the Grantee, his heirs and assigns, that at the time of the ensealing and delivery of these presents, she is well seized of the premises above conveyed, has good, sure, perfect, absolute and indefeasible estate of inheritance, in law, in fee simple, and has good right, full power and lawful authority to grant, bargain, sell and convey the same in manner and form as aforesaid, and that the same are free and clear from all former and other grants, bargains, sales, liens, taxes, assessments, encumbrances and restrictions of whatever kind or nature soever, except those matters as set forth on Exhibit "A" attached hereto and incorporated herein by reference. The grantor shall and will WARRANT AND FOREVER DEFEND the above bargained premises in the quiet and peaceable possession of the grantee, his heirs and assigns, against all and every person or persons lawfully claiming the whole or any part thereof. The singular number shall include the plural, the plural the singular, and the use of gender shall be applicable to all genders. IN WITNESS WHEREOF the grantor has executed this deed. CITY CAI'- �^I '^":=i�t SIGNATURES ON PAGE 2 DATE 1`it 01,' I I",4.11.' 01.4.,,/ c'r--. 'fit'*;,...,, i„ A t ��,.. � �r.>#i1{!a Ni'� �;:; I- NYE,. RIF I ??Q 114c, D30- �� 3� 7� 13 v ��� SIGNATURE PAGE TO WARRANTY DEED PAGE 2 JANI JENNIFER POINDEXTER, TRUSTEE OF JANI JENNIFER'S TRUST U/A DATED SEPTEMBER 1, 2009 By::JANI JENNIF R POIND XTER, TRUSTEE Z � J STATE OF ss COUNTY OF1r +4' The foregoing instrument was acknowledged before me this I 1.4ay of J� 12010, by JANI JENNIFER POINDEXTER, TRUSTEE OF JANI JENNIFER'SITRUST U/AIDATED SEPTEMBER 1, 2009. WITNESS my hand and official seal my commission expires: Notary(Public PCT22791 L NA N NIEEL A. TRAVERS ra Commisslon # 1789721 Notary Pubilc - California V Los Angeles County My comm. E)Vre6Jan 26, 2012 CALIFOIINIA ALL-PURPOSE CERTIFICATE OF ACKNOWLEDGMENT State of California County of Oil before me, A e e personally appeared t. I d. ot (I lcre insell name 111111 title oftile s4 MCA bpi who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to file that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS n nd and official seal. Sig at a of Notary Pu NATHANIEL A. TRAVERS Commisslon # 1789721 —� Notary Public - California : Los Angeles County My Comm. Expires Jan 26, 2012 (Notary Seal) ADDITIONAL OPTIONAL INFORMATION DESCRIPTION OF THE. ATTACHED DOCUMENT J/�,rM,,A f (Tide or (IL-6iIiorl of altoohed document) (Title or description of atmelned document Continued) Number of Pages a Document Date is o (Additional hilbrnmtion) CAPACITY CLAIMED BY THE SIGNER O Individual (s) O Corporate Officet- (Title) ❑ Partner(s) F1 Attorney -in -Fact D Tmstee(s) ❑ Othel• INSTRUCTIONS FOR COMPLETING THIS FORM Ali ocknou•ledgm ent completed in C'ulifrrnia must voritairr verbiage ea•eled,F as appears above in the notorr section or separate ackrunrladgnhitl Ivrm nmst be properly rompleted and allarhed to that document, "fire ortly e.v(! ptioir is if o document is to be recorded outride gfCalyb)-nia. hi such insfanenv. arty alternative acknowhAgmeni verbiage as owls! he printed oil such a docinuent so lalg as the verbiage does not require the noiary to do something that is illegal fir a nonn•v in California (i.e. rerlifying the outhorized capacity of the signei). please check the document c•arefdiv.j)rproper notarial wordiiq! and atfach this lor•ui ifrequireel. • State and County infornna(ion must be the State and (:ounty where the document signer(s) personally appeared before the notary public for acknowledgment. • Date ol• notarization mus( be the (tall` that file signer(s) persontilly appealed which most also be file same date the acknowledgment is complc(ed. • The notary public nitrs( print his or her name as it appeans within his or her Commission followed by a Commit and then Your title (notary public). • Print the nanle(s) of document signer(s) who personally appear at the time of notarization. • Indicate the correct singular or plural forms by crossing off incorrect florins (i.e. tale/she/oiler is hat,? ) or circling the CorrOCt forms. FaiturC to Correctly indiate (his information rally lead to rejection ofdocunlent recording. • "I'he notary seal impression most be clear and photographically reproducible. Impression must not corer text or lines. If seal impression smudges, re -seal if a sufficient area permils, otherwise compete n different acknowledgment form. • Signature of Ilre notary public most match the signature on rile with the office of the county clerk. Additional information is not requited bun could help to ensure this acknowledgmem is not misused or attached to it different document. Indicate title or type of attached document, number of pages and date. Indicate the capacity claimed by the signer. If the claimed capacity is a Corporate officer, indicate the title (i.e. CiiO, 0'0, Secretary). • Securely atlaell (his document to file signed document 111(19 \r f + A 1)A ,.17 del r47 QW1 V71 OVA-Z ......... Al n,.,,.,,f `I.. eon.• nn.,. • EXHIBIT "A" 1. Taxes for the year 2010 not yet due or payable. 2. Reservations and exceptions as set forth in the Deed from the City of Aspen of record providing as follows: "That no title shall be hereby acquired to any mine of gold, silver, cinnabar or copper or to any valid mining claim or possession held under existing laws". 3. Terms, conditions and obligations of an agreement between the City of Aspen and Aspen Properties Company relating to the use of the alley of Block 101, City and Townsite of Aspen, recorded December 5, 1968 in Book 237 at Page 914. 4. Terms, conditions, provisions, obligations, easements, restrictions and assessments as set forth in the Condominium Declaration for Aspen Square Condominiums recorded December 20, 1968 in Book 238 at Page 249, deleting therefrom any restrictions indicating preference, limitation or discrimination based on race, color, religion, sex, handicap, familial status or national origin. 5. Terms, conditions, provisions and obligations as set forth in Affidavit recorded October 7, 1977 in Book 336 at Page 197. 6. Easements, rights of way and all matters as disclosed on Plat of subject property recorded December 20, 1968 in Plat Book 3 at Page 365. 7. Terms, conditions, provisions and obligations as set forth in Grant of Easement recorded June 19, 2009 as Reception No. 560078. RECEIVED ATTACHMENT 3 AUG 0 3 2010 DIMENSIONAL REQUIREMENTS FORM CITY OF ASPEN Project: ,LOVE r JzWoV SPCC/V I Applicant: 141.E " -1-7)f STL F14"n ST►2Y KJ:-'e _ BRAG.-�tA ARCH ITCH Location: (pl'7 EP9,-r og�o Pt✓2, t4-1 L-, NU E t P�pEN , CO llQ l l Zone District: C� ��r►ern��E c1 A2 Ofl C Lot Size: Lot Area: (for the purposes of calculating Floor Area, Lot Area may be reduced for areas within the high water mark, easements, and steep slopes. Please refer to the definition of Lot Area in the Municipal Code.) Commercial net leasable: Existing: lj'4 q4l Proposed: 1, '11 Number of residential units: Existing: _Proposed: Number of bedrooms: Existing:_Proposed: 3 Proposed % of demolition (Historic properties only): DIMENSIONS: Nl; r: 11LA9 i edX � �cT : t114 1Cis aa LA �`t F� tJC:T: JLJ9Lt Set F•r CAe� t'we 0i gq FT •.t, q FT C; 1, Colo g sq FT Floor Area: Existing: 04 Allowable: Proposed: Principal bldg. height: Existing: Af - Allowable: Proposed: Access. bldg. height: Existing: Allowable: Proposed.• . On -Site parking: Existihl11� Required: Proposed: �1� % Site coverage: Existing: Ate Required: Proposed: • % Open Space: Front Setback: Rear Setback: Combined F/R: Side Setback: Side Setback: Combined Sides: Distance Between Buildings Existing: Nji- Required: Existing: N R- Required. Existing: NO- Required: Existing: q%}}- Required. Existing: nr0: Required: Existing:_(( Required: Existing: 0' Required: Existing Arfi— Required.• Existing non -conformities or encroachments: �- Variations requested: 3 Proposed: Proposed.• Proposed: Proposed.• Proposed: Proposed: Proposed: Proposed: y p CITY OF ASPEN PRE -APPLICATION CONFERENCE SUMMARY PLANNER: Jennifer Phelan, 429.2759 DATE: 5.18.10 PROJECT: Combining of Units 125 & 126, Aspen Square Condominiums APPLICANT: Sarah DeStefano, Stryker Brown Architects DESCRIPTION: The Applicant is pursuing to combine two units in the Aspen Square building. The subject property was developed in the late sixties and is zoned Commercial Lodge (CL). Just like other residential/lodging projects of that era such as the Gant and the Aspen Alps, this property can be considered residential Multi -family with the ability to short term rent the individual units. Presently, a residential unit does not have a cap on the occupancy period of these units if rented; however there are limitations in the maximum allowable size and the combining of residential multi -family units. Currently, the Commercial Lodge (CL) zone district permits a maximum multi -family residential unit size of 1,500 sq. ft. of net livable area (L.U.C. Section 26.104.100, Definitions) unless a Historic Transferable Development Right is purchased. Additionally, the combining of multi -family residential units is subject to the growth management review: Demolition or redevelopment of multi -family housing (L.U.C. Section 26,470.070. 5) and affordable housing mitigation unless the proposal is exempt from the growth management review under a number of allowed exemptions. It appears that the Applicant believes the following exemption is applicable: "The demolition, combining, conversion, replacement, or redevelopment of Multi -family Housing Units which have been used exclusively as tourist accommodations or by non -working residents. The Community Development Director may require occupancy records, leases, affidavits, or other documentation to the satisfaction of the Director to demonstrate the units(s) has never housed a working resident. All other requirements of this title shall still apply including zoning, growth management, and building codes." The Applicant will need to submit a land use application with appropriate documentation showing that the above -referenced exemption is met. Land Use Code http://www.aspenpitkin.com/Departments/Community-DevelopmenUPlanning-and-Zoning/Title-26-Land-Use- Code/ Land Use Application http://www.aspenpitkin.com/Portals/0/docs/City/Comdev/Apps%20and%2OFees/landuseappform.pdf Land Use Code Section(s) 26.304 Common Development Review Procedures 26.470.070 (5) Demolition or redevelopment of multi -family housing 26.710.200 Commercial Lodge zone ditrict Review by: - Staff for complete application - Case planner for determiniation Public Hearing: Not required Copies of Application: 2 Copies • Includes appropriate drawing for board review (HPC = 12; PZ = 10; CC = 7; Referral Agencies = 1/ea.; Planning Staff = 2), Planning Fees: $735 (This includes three hours of staff review time. Additional planning hours over deposit amount are billed at a rate of $245/hour) Total Deposit: $735 To apply, submit the following information: 1. Total deposit for review of the application. 2. Proof of ownership. 3. Completed Land Use Application Form, 4. A signed fee agreement. 5. A Pre -Application Conference Summary. 6. A letter signed by the applicant, with the applicant's name, address and telephone number in a letter signed by the applicant, which states the name, address and telephone number of the representative authorized to act on behalf of the applicant. 7. Street address and legal description of the parcel on which development is proposed to occur, consisting of a current certificate from a title insurance company, or attorney licensed to practice in the State of Colorado, listing the names of all owners of the property, and all mortgages, judgments, liens, easements, contracts and agreements affecting the parcel, and demonstrating the owner's right to apply for the Development Application. 8. An 81/2" by 11" vicinity map locating the parcel within the City of Aspen. 9. A written description of the proposal and an explanation in written, graphic, or model form of how the proposal complies with the review standards relevant to the development application. Please include existing conditions as well as proposed. Please provide a written response to all applicable criteria. 10. 2 Copies of the complete application packet and maps. 0 Disclaimer: The foregoing summary is advisory in nature only and is not binding on the City. The summary is based on current zoning, which is subject to change in the future, and upon factual representations that may or may not be accurate. The summary does not create a legal or vested right. C.1 Jona Holdings Inc. c/o Brookfield Place, TD Canada Trust "Power 161 Bay Street, Suite 3140 Toronto, Ontario M5J 2S 1 Canada (416) 842-1751 July 27, 2010 City of Aspen Community Development Department Dear Sir/Madam: Re: Combining of Units 125 and 126 Aspen Square Condominiums This letter serves as notice that Stryker Brown Architects, 119 South Spring Street, Aspen, CO 91611 (970-925-2100) is authorized to act on behalf of Jona Moldings Inc. with respect to the above referenced project. Please do not hesitate to contact me should you have any questions. Yours truly, JONA HOLDINGS INC. Join' Love C.C. Sarah De Stefano, Stryker Brown Architects 0 JOSEPH A. KOWAR ATTORNEY AND COUNSELOR AT LAW Tel (970) 927-2407 461 ORIGINAL ROAD Fax (970) 927-2408 BASALT, COLORADO 81621 joe@kowar.com August 2, 2010 Aspen Community Development Director Aspen, CO 81611 Re: Application to Combine Units 125 and 126 Aspen Square Condominiums Dear Director: This letter is intended to serve as confirmation of the ownership of two units in the Aspen Square Condominiums, namely Units #125 and 126 are both owned by Jona Holdings, Inc. Attached is the title policy for Unit 125 and the title commitment for Unit 126 as the closing on that unit occurred on July 15, 2010 and Pitkin Title has not issued the final policy as of today. If you have any further questions, please do not hesitate to contact us directly. Very truly yours, Joseph Kowar Enclosures cc: Jona Holdings, Inc. ALTA Commitment For Title Insurance j FAks L awyers Title " INSURANCE CORPORATION AUTHORIZED AGENT: PITKIN COUNTY TITLE, INC. 601 E. HOPKINS AVE. 3RD FLOOR ASPEN, COLORADO 81611 970-925-1766-PHONE 970-925-6527-FAX 877-217-3158-TOLL FREE E-MAIL ADDRESS: TITLE MATTERS: CLOSING MATTERS: TJ Davis - (tjd@sopris.net) Tom Twitchell - (tomt@sopris.net) Joy Higens - (joy@sopris.net) Brandi Jepson - (brandi@sopris.net) - Closing & Title Assistance Issued By La ersTide Home Office: 5600 Cox Road Glen Allen, Va. 23060 B 1004-268 COMMITMENT FOR TITLE INSURANCE SCHEDULE A 1. Effective Date: June 4, 2010 at 8:00 AM 2. Policy or Policies to be issued: (a) ALTA Owner's Policy-(6/17/06) Proposed Insured: JONA HOLDINGS INC. (b) ALTA Loan Policy-(6/17/06) Proposed Insured: (c) ALTA Loan Policy-(6/17/06) Proposed Insured: Case No. PCT22791 L3 Amount$ 1,700,000.00 Premium$ 3,585.00 Rate: Standard Amount$ 0.00 Premium$ 0.00 Rate: Amount$ Premium$ Rate: 3. Title to the FEE SIMPLE estate or interest in the land described or referred to in this Commitment is at the effective date hereof vested in: JANI JENNIFER POINDEXTER, TRUSTEE OF JANI JENNIFER'S TRUST U/A DATED SEPTEMBER 1, 2009 4. The land referred to in this Commitment is situated in the County of PITKIN State of COLORADO and is described as follows: CONDOMINIUM UNIT 26, AS SHOWN ON THE CONDOMINIUM MAP FOR ASPEN SQUARE CONDOMINIUM, appearing in the records of the County Clerk and Recorder of Pitkin County, recorded December 20, 1968 in Plat Book 3 at Page 365 as Reception No. 133472, and as defined and described in Affidavit recorded October 7, 1977 in Book 336 at Page 197, and as defined and described in that Declaration Aspen Square Condominium, recorded in Book 238 at Page 249 as Reception No. 133471. PITKIN COUNTY TITLE, INC. 601 E. HOPKINS, ASPEN, CO. 81611 970-925-1766 Phone/970-925-6527 Fax 877-217-3158 To[] Free AUTHORIZED AGENT Countersigned: Schedule A -PGA This Commitment is invalid unless the Insuring Provisions and Schedules A and B are attached. • 0 SCHEDULE B - SECTION 1 REQUIREMENTS The following are the requirements to be complied with: ITEM (a) Payment to or for the account of the grantors or mortgagors of the full consideration for the estate or interest to be insured. ITEM (b) Proper instrument(s) creating the estate or interest to be insured must be executed and duly filed for record to -wit: 1. Disposition of Lis Pendens, pursuant to Colorado Rule of Civil Procedure 105(f), by court determination, disclaimer by all parties, final judgement or certificate of dismissal issued by the Clerk of the Court, in Civil Action No. GP014937, in the Superior Court of California Court of Los Angeles County, entitled Susan Supple VS Jani Jennifer Poindexter, et al, defendant. Notice of Lis Pendens was recorded May 12, 2010 as Reception No. 569251. 2. Delivery to the Company of an executed copy of the Trust Agreement for JANI JENNIFER'S TRUST U/A DATED SEPTEMBER 1, 2009 for inspection and approval prior to issuing any policies. Subject to any additional requirements deemed necessary by the Company upon review of said Trust Agreement. 3. Duly executed Statement of Authority for JANI JENNIFER'S TRUST U/A/ DATED SEPTEMBER 1, 2009, a trust, disclosing the name of the trust, and the names and addresses of the trustees empowered to act pursuant to CRS 38-30-108.5. 4. Duly acknowledged certificate of the authorized Managing Agent or Board of Directors of Aspen Square certifying that there are no assessments for common expenses which remain unpaid or otherwise constitute a lien on the subject property. 5. Duly acknowledged certificate of the Managing Agent or Board of Directors of Aspen Square certifying that proper notice of sale of the subject property was given and that the remaining owners of said Association did not elect to exercise their option to purchase pursuant to the Right of First Refusal as set forth in the Condominium Declaration. 6. Duly executed and acknowledged Deed, From : JANI JENNIFER POINDEXTER, TRUSTEE OF JANI JENNIFER'S TRUST U/A DATED SEPTEMBER 1, 2009 To : JONA HOLDINGS INC. 7. Evidence satisfactory to the Company that the Real Estate Transfer Tax as established by Ordinance No. 20 (Series of 1979) and Ordinance No. 13 (Series of 1990) has been paid or exempted. 8. Certificate of nonforeign status executed by the transferor(s). (This instrument is not required to be recorded) (Continued) SCHEDULE B - SECTION 1 REQUIREMENTS - Continued 9. Completion of Form DR 1083 regarding the withholding of Colorado Tax on the sale by certain persons, corporations and firms selling Real Property in the State of Colorado. (This instrument is not required to be recorded) 10. Evidence satisfactory to the Company that the Declaration of Sale, Notice to County Assessor as required by H.B. 1288 has been complied with. (This instrument is not required to be recorded, but must be delivered to and retained by the Assessors Office in the County in which the property is situated) SCHEDULE B SECTION 2 EXCEPTIONS The policy or policies to be issued will contain exceptions to the following unless the same are disposed of to the satisfaction of the Company: 1. Rights or claims of parties in possession not shown by the public records. 2. Easements, or claims of easements, not shown by the public records. 3. Discrepancies, conflicts in boundary lines, shortage in area, encroachments, any facts which a correct survey and inspection of the premises would disclose and which are not shown by the public records. 4. Any lien, or right to a lien, for services, labor, or material heretofore or hereafter furnished, imposed by law and not shown by the public records. 5. Defects, liens, encumbrances, adverse claims or other matters, if any, created, first appearing in the public records or attaching subsequent to the effective date hereof but prior to the date the proposed insured acquires of record for value the estate or interest or mortgage thereon covered by this Commitment. 6. Taxes due and payable; and any tax, special assessment, charge or lien imposed for water or sewer service or for any other special taxing district. 7. Reservations and exceptions as set forth in the Deed from the City of Aspen of record providing as follows: "That no title shall be hereby acquired to any mine of gold, silver, cinnabar or copper or to any valid mining claim or possession held under existing laws". 8. Terms, conditions and obligations of an agreement between the City of Aspen and Aspen Properties Company relating to the use of the alley of Block 101, City and Townsite of Aspen, recorded December 5, 1968 in Book 237 at Page 914. 9. Terms, conditions, provisions, obligations, easements, restrictions and assessments as set forth in the Condominium Declaration for Aspen Square Condominiums recorded December 20, 1968 in Book 238 at Page 249, deleting therefrom any restrictions indicating preference, limitation or discrimination based on race, color, religion, sex, handicap, familial status or national origin. 10. Terms, conditions, provisions and obligations as set forth in Affidavit recorded October 7, 1977 in Book 336 at Page 197. 11. Easements, rights of way and all matters as disclosed on Plat of subject property recorded December 20, 1968 in Plat Book 3 at Page 365. 12. Terms, conditions, provisions and obligations as set forth in Grant of Easement recorded June 19, 2009 as Reception No. 560078. • 0 ENDORSEMENT SCHEDULE FOR OWNERS POLICY ATTACHED TO AND BECOMING A PART OF CASE NO: PCT22791 L3 SELLER: JANI JENNIFER POINDEXTER, TRUSTEE OF JANI JENNIFER'S TRUST U/A DATED SEPTEMBER 1, 2009 BUYER: JONA HOLDINGS INC. The following endorsements will be issued in connection with the Policy to be issued hereunder as referenced above: ENDORSEMENTS: For a fee of: $ For a fee of: $ For a fee of: $ For a fee of: $ For a fee of: $ Exceptions Numbered 1, 2, 3 and 4 will be deleted from the final Title Policy, upon compliance with the requirements set forth below. Exception Number 5 is automatically deleted upon recordation of the documents called for on the requirement page of this commitment. THE FEE FOR DELETING EXCEPTIONS 1 THRU 4 OR ANY PREPRINTED EXCEPTION IS: $50.00 Exception Number 6 will be amended to read: Taxes for the current year not yet due or payable, upon evidence satisfactory that the Taxes for the prior year(s) have been paid. NOTE: A satisfactory affidavit and agreement indemnifying the Company against unfiled mechanic's and materialmens liens, executed by the seller and any additional parties deemed necessary by the Company. The company hereby reserves the right to make additional requirements as may be deemed necessary in the event additional facts regarding development, construction or other building or work are disclosed to the company that may fall within any lien period as defined in the Statues of the State of Colorado, and may result in additional premiums and/or fees for such coverage. NOTE: A current survey, certified by a Registered Colorado Land Surveyor must be delivered to, approved and retained by the Company for Deletion of Printed Exception No. 3. (NOT REQUIRED FOR CONDOMINIUM OR TOWNHOME UNITS) • 0 ADDITIONAL INFORMATION AND DISCLOSURES The Owner's Policy to be issued, if any shall contain the following items in addition to the ones set forth above: (1) The Deed of Trust, if any, required under Schedule B-Section 1. (2) Water rights, claims or title to water. (NOTE: THIS EXCEPTION WILL APPEAR ON THE OWNER'S AND MORTGAGE POLICY TO BE ISSUED HEREUNDER) Pursuant to Insurance Regulation 89-2 NOTE: Each title entity shall notify in writing every prospective insured in an owner's title insurance policy for a single family residence (including a condominium or townhouse unit) (i) of that title entity's general requirements for the deletion of an exception or exclusion to coverage relating to unfiled mechanics or materialmens liens, except when said coverage or insurance is extended to the insured under the terms of the policy. A satisfactory affidavit and agreement indemnifying the Company against unfiled mechanics' and/or Materialmen's Liens executed by the persons indicated in the attached copy of said affidavit must be furnished to the Company. Upon receipt of these items and any others requirements to be specified by the Company upon request, Pre-printed Item Number 4 may be deleted from the Owner's policy when issued. Please contact the Company for further information. Notwithstanding the foregoing, nothing contained in this Paragraph shall be deemed to impose any requirement upon any title insurer to provide mechanics or materialmens lien coverage. NOTE: If the Company conducts the owners or loan closing under circumstances where it is responsible for the recording or filing of legal documents from said transaction, the Company will be deemed to have provided "Gap Coverage". Pursuant to Senate Bill 91-14 (CRS 10-11-122) (a) The Subject Real Property may be located in a Special Taxing District; (b) A Certificate of Taxes Due listing each taxing jurisdiction may be obtained form the County treasurer of the County Treasurer's Authorized Agent; (c) Information regarding Special Districts and the boundaries of such districts may be obtained from the Board of County Commissioners, the County Clerk and Recorder, or the County Assessor. NOTE: A tax Certificate or other appropriate research will be ordered from the County Treasurer/Assessor by the Company and the costs thereof charged to the proposed insured unless written instruction to the contrary are received by the company prior to the issuance of the Title Policy anticipated by this Commitment. Pursuant to House Bill 01-1088 (CRS 10-11-123) If Schedule B of your commitment for an Owner's Title Policy reflects an exception for mineral interests or leases, pursuant to CRS 10-11-123 (HB 01-1088), this is to advise: (a) There is recorded evidence that a mineral estate has been severed, leased or otherwise conveyed from the surface estate and that there is a substantial likelihood that a third party holds some or all interest in oil, gas, other minerals or geothermal energy in the property and (b) That such mineral estate may include the right to enter and use the property without the surface owners' permission. NOTE: The policy(s) of insurance may contain a clause permitting arbitration of claims at the request of either the Insured or the Company. Upon request, the Company will provide a copy of this clause and the accompanying arbitration rules prior to the closing of the transaction. NOTICE REGARDING CONSTRUCTION FINANCING: If it is not disclosed to the company that the loan to be insured hereunder is in fact a construction loan, any coverage given under the final policy regarding mechanic or materialmen's liens shall be deemed void and of no effect. 0 Ll PITKIN COUNTY TITLE, INC. 601 E. HOPKINS, THIRD FLOOR ASPEN, CO 81611 970-925-1766/970-925-6527 FAX TOLL FREE 877-217-3158 WIRING INSTRUCTIONS FOR ALL TRANSACTIONS REGARDING THE CLOSING OF THIS FILE ARE AS FOLLOWS: ALPINE BANK -ASPEN 600 E. HOPKINS AVE. ASPEN, CO. 81611 ABA ROUTING NO. 102103407 FOR CREDIT TO: PITKIN COUNTY TITLE, INC., ESCROW ACCOUNT ACCOUNT NO. 2021009062 REFERENCE: PCT22791L3/JONA HOLDINGS INC. n Pitkin County Title, Inc. Privacy Policy We collect nonpublic information about you from the following sources: • Information we receive from you, such as your name, address, telephone number, or social security number; • Information about your transactions with us, our affiliates, or others. We receive this information from your lender, attorney, real estate broker, etc.; and Information from public records We do not disclose any nonpublic personal information about our customers or former customers to anyone, except as permitted by law. We restrict access to nonpublic personal information about you to those employees who need to know that information to provide the products or services requested by you or your lender. We maintain physical, electronic, and procedural safeguards that company with appropriate federal and state regulations. • Fidelity National Financial, Inc. Privacy Statement Effective Date: 5/1/2008 Fidelity National Financial, Inc. and its subsidiaries ("FNF") respect the privacy and security of your non-public personal information ("Personal Information") and protecting your Personal Information is one of our top priorities. This Privacy Statement explains FNF's privacy practices, including how we use the Personal Information we receive from you and from other specified sources, and to whom it may be disclosed. FNF follows the privacy practices described in this Privacy Statement and, depending on the business performed, FNF companies may share information as described herein. Personal Information Collected We may collect Personal Information about you from the following sources: • Information we receive from you on applications or other forms, such as your name, address, social security number, tax identification number, asset information, and income information; • Information we receive from you through our Internet websites, such as your name, address, email address, Internet Protocol address, the website links you used to get to our websites, and your activity while using or reviewing our websites; • Information about your transactions with or services performed by us, our affiliates, or others, such as information concerning your policy, premiums, payment history, information about your home or other real property, information from lenders and other third parties involved in such transaction, account balances, and credit card information; and • Information we receive from consumer or other reporting agencies and publicly recorded documents. Disclosure of Personal Information We may provide your Personal Information (excluding information we receive from consumer or other credit reporting agencies) to various individuals and companies, as permitted by law, without obtaining your prior authorization. Such laws do not allow consumers to restrict these disclosures. Disclosures may include, without limitation, the following: • To insurance agents, brokers, representatives, support organizations, or others to provide you with services you have requested, and to enable us to detect or prevent criminal activity, fraud, material misrepresentation, or nondisclosure in connection with an insurance transaction; • To third -party contractors or service providers for the purpose of determining your eligibility for an insurance benefit or payment and/or providing you with services you have requested; • To an insurance regulatory authority, or a law enforcement or other governmental authority, in a civil action, in connection with a subpoena or a governmental investigation; • To companies that perform marketing services on our behalf or to other financial institutions with which we have joint marketing agreements and/or • To lenders, lien holders, judgment creditors, or other parties claiming an encumbrance or an interest in title whose claim or interest must be determined, settled, paid or released prior to a title or escrow closing. We may also disclose your Personal Information to others when we believe, in good faith, that such disclosure is reasonably necessary to comply with the law or to protect the safety of our customers, employees, or property and/or to comply with a judicial proceeding, court order or legal process. Page 1 of 2 Effective Date: 5/1 /2008 Disclosure to Affiliated Companies - We are permitted by law to share your name, address and facts about your transaction with other FNF companies, such as insurance companies, agents, and other real estate service providers to provide you with services you have requested, for marketing or product development research, or to market products or services to you. We do not, however, disclose information we collect from consumer or credit reporting agencies with our affiliates or others without your consent, in conformity with applicable law, unless such disclosure is otherwise permitted by law. Disclosure to Nonaffiliated Third Parties - We do not disclose Personal Information about our customers or former customers to nonaffiliated third parties, except as outlined herein or as otherwise permitted by law. Confidentiality and Security of Personal Information We restrict access to Personal Information about you to those employees who need to know that information to provide products or services to you. We maintain physical, electronic, and procedural safeguards that comply with federal regulations to guard Personal Information. Access to Personal Information/ Requests for Correction, Amendment, or Deletion of Personal Information As required by applicable law, we will afford you the right to access your Personal Information, under certain circumstances to find out to whom your Personal Information has been disclosed, and request correction or deletion of your Personal Information. However, FNF's current policy_is to maintain customers' Personal Information for no less than your states__ required_ record_ retention requirements for the purpose of handling future coverage claims. For your protection, all requests made under this section must be in writ_ and must include your notarized signature to establish your identity. Where permitted by law, we may charge a reasonable fee to cover the costs incurred in responding to such requests. Please send requests to: Chief Privacy Officer Fidelity National Financial, Inc. 601 Riverside Avenue Jacksonville, FL 32204 Changes to this Privacy Statement This Privacy Statement may be amended from time to time consistent with applicable privacy laws. When we amend this Privacy Statement, we will post a notice of such changes on our website. The effective date of this Privacy Statement, as stated above, indicates the last time this Privacy Statement was revised or materially changed. Page 2 of 2 u • stewart title Aspen Division 620 East Hopkins Avenue Aspen, Colorado 81611 Phone:970-925-3577 Fax:970-925-1384 Jona Holdings Inc Order Number. 925178 Property Address: 617 East Cooper Avenue 125 Dear Customer: Congratulations on your recent real estate purchase. Enclosed is your Owner's Title Policy. The policy premium was paid for by the Seller at the time of closing, so there are no monies due from you in this regard. Please review and retain your policy with your other valuable records. We have a permanent file regarding your property and can offer expedient and cost efficient service with your future transactions. In the event you decide to sell or refinance your property, in the future, please contact us for special discounts and faster service. You may access all your closing documents through the Internet on SureClose by visiting www.stewartcolorado.com. You may contact your local Escrow Officer for login and password information. Sincerely, Stewart Title ALTA Owner's Policy (6.17-06) POLICY OF TITLE INSURANCE ISSUED BY stewart title guaranty company Any notice of claim and any other notice or statement in writing required to be given the Company under this Policy must be given to the Company at the address shown in Section 18 of the Conditions. COVERED RISKS SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE EXCEPTIONS FROM COVERAGE CONTAINED M SCHEDULE B AND THE CONDITIONS, STEWART TITLE GUARANTY COMPANY, a Texas corporation, (the "Company'? insures, as of Date of Policy and, to the extent stated in Covered Risks 9 and 10, after Date of Policy, against loss or damage, not exceeding the Amount of Insurance, sustained or incurred by the insured be reason of: 1. Title being vested other than as stated in Schedule A. 2. Any defect in or lien or encumbrance on the Title. This Covered Risk includes but is not limited to insurance against loss from (a) A defect in the Title caused by (1) forgery, fraud, undue influence, duress, incompetency, incapacity, or impersonation; (il) failure of any person or Entity to have authorized a transfer or conveyance; (iii) a document affecting Title not property created, executed, witnessed, scaled, acknowledged, notarized, or delivered; (iv) failure to perform those acts necessary to create a document by electronic means authorized by law (v) a document executed under a falsified, expired, or otherwise invalid power of attorney (vi) a document not properly filed, recorded, or indexed in the Public Records including failure to perform those acts by electronic means authorized by law; or (vii) a defective judicial or administrative proceeding. (b) The lien of real estate taxes or assessments imposed on the Title by a governmental authority due or payable, but unpaid. (c) Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the Laird. The term "encroachment" includes encroachments of existing improvements located on the Land onto adjoining land, and encroachments onto the Land of existing improvements located on adjoining land. 3. Unmarketable Title. 4. No right of access to and from the Land. 5. The violation or enforcement of any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) restricting. regulating, prohibiting, or relating to (a) the occupancy, use, or enjoyment of the Land; (b) the character, dimensions, or location of any improvement erected on the Land: (c) the subdivision of land; or (d) environmental protection if a notice, describing any part of the Land, is recorded in the Public Records setting forth the violation or intention to enforce, but only to the extent of the violation or enforcement referred to in that notice. 6. An enforcement action based on the exercise of a governmental police power not covered by Covered Risk 5 if a notice of the enforcemerit action, describing any part of the Land, is recorded in the Public Records. but only to the extent of the enforcement referred to in that notice. 7. The exercise of the rights of eminent domain if a notice of the cxercim describing tiny part of the Land, is recorded in the Public Records. 8. Any taking by a governmental body that has occurred and is binding on the rights of a purchaser for value without Knowledge. Countersigned: Ftitle guaranty company 1 stewart 1(M J 044 _ Senior Chairman of l e Board A onzed COURItrslgaalafe �t lF Grj r Stewart Title of Colorado, Inc. Ashen Division Chairman of the Board 620 East Hopkins Avenue P Aspen, Colorado 81611 Phone: 970-925-3577 president Fax: 970-925-1384 Agent ID: 06011A Serial No.: 0-9301-1481970 ALTA OWNER'S POLICY 6-17-06 If you wart information about coverage or need assistance to resolve please call our toll free number: 1-900.729-1902. if you rmke a claim under your policy, you must fumi h written notice in accordance with Section 3 of the Conditions. visit our World -Wide Web site at wwwsresvart.com. COVERED RISKS (Continued) Title being vested other than as stated in Schedule A or being defective (a) as a result of the avoidance in whole or in pan, or from a court order providing an alternative remedy. of a transfer of all or any partof the tide to or any interest in the Land occurring prior to the transaction vesting Title as shown in Schedule A because that prior transfer constituted a fraudulent or preferential transfer under federal bankruptcy, stale insolvency, or similar creditors'rights laws; or (b) because the instrument of transfer vesting Title as shown in Schedule A constitutes a preferential transfer under federal bankruptcy. state insolvency, or similar creditors' rights laws by reason of the failure of its recording in the Public Records (i) to be timely, or 60 to impart notice of its existence to a purchaser for value or to a judgment or lien creditor. 10. Any defect in or lien or encumbrance on the Title or other matter included in Covered Risks 1 through 9 that has been created or attached or has been filed or recorded in the Public Records subsequent to Date of Policy and prior to the recording of the deed or other instrument of transfer in the Public Records that vests Title as shown in Schedule A. The Company will also pay the costs, attorneys fees, and expenses incurred in defense of any matter insured against by this Policy. but only to the extent provided in the Conditions. EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of this policy, and the Company will not pay loss or damage, costs, attomeys' fees, or expenses that arise by reason of: I. (a) Any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) restricting, regulating, prohibiting, or relating to (i) the occupancy, use, or enjoyment of the land: Ili) the character, dimensions, or location of any improvement erected on the Land: (iii) the subdivision of land: or IN) environmental protection; or the effect of any violation of these laws, ordinances. or governmental regulations. This Exclusion I(a) does not modify or limit the coverage provided under Covered Risk 5. (b) Any governmental police power. This Exclusion I (b) does not modify or limit the coverage provided under Covered Risk 6. 2. 2. Rights of eminent domain. This Exclusion does not modify or limit the coverage provided under Covered Risk 7 or 8. 3. Defects, liens. encumbrances, adverse claims, or other nutters (a) created, suffered. assumed, or agreed to by the Insured Claimant; (b) not Known to the Company, not recorded in the Public Records at Date of Policy, but Known to the Insured Claimant and not disclosed in writing to the Company by the Insured Claimant prior to the date the Insured Claimant became an Insured under this policy, (e) resulting in no loss or damage to the Insured Claimant; (d) attaching or created subsequent to Date of Policy (however, this does not modify or limit the coverage provided under Covered Risk 9 and 10); or (e) resulting in loss or damage that would not have been sustained if the Insured Claimant had paid value for the Title. Any claim, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors rights laws, that the transaction vesting the Title as shown in Schedule A, is (a) a fraudulent conveyance or fraudulent transfer, or (b) a preferential transfer for any mason not stated in Covered Risk 9 of this policy. Any lien on the Title for real estate taxes or assessments imposed by governments] authority and created or attaching between Date of Policy and the date of recording of the deed or other instrument of transfer in the Public Records that vests Title as shown in Schedule A. CONDITIONS DEFINITION OF Till The following terms when used in this policy mean: (a) "Amount of Insurance": The amount slated in Schedule A. as may be increased or decreased by endorsement to this policy, increased by Section 8(b), or decreased by Sections 10 and I I of these Conditions. (b) "Date of Policy": The date designated as "Date of Policy" in Schedule A. (C) "Entity": A corporation, partnership, trust, limited liability company. or other similar legal entity. (d) 'Insured": The Insured named in Schedule A. (i) The term "Insured" also includes (A) successors to the Title of the Insured by operation of law as distinguished from purchase. including heirs, devisees. survivors, personal representatives, or next of kin: (B) successors to an Insured by dissolution, merger. consolidation. distribution. or reorganization; (C) successors to an Insured by its conversion to another kind of Entity: (D) a grantee of an Insured under a deed delivered without payment of actual valuable consideration conveying the Title (1) if the stock, shares, memberships, or other equity interests of the grantee are wholly -owned by the named Insured, (2) if the grantee wholly owns the named Insured. (3) if the grantee is wholly -owned by an affiliated Entity of the. named Insured, provided the affiliated Entity and the named Insured are both wholly -owned by the sane person or Entity, or (4) if the grantee is a trustee or beneficiary of a trust created by a written instrument established by the Insured named in Schedule A for estate planning purposes. (ii) With regard to (A). (B). (C). and (D) reserving, however, all rights and defenses as to any successor that the Cmmpany would have had against any predecessor Insured. (e) "Insured Claimant": An Insured claiming loss or damage. (f) "Knowledge" or "Known": Actual knowledge, not constructive knowledge or notice that may be imputed to an Insured by reason of the Public Records or any other records that impart constructive notice of matters affecting the Title. (g) 'Land": The land described in Schedule A. and affixed improvements that by law constitute real property. The term "Land" does not include any property beyond the lines of the arm described in Schedule A. nor any right, tide, interest, estate, or easement in abutting streets, roads. avenues, alleys, lanes, ways, or waterways. but this does not modify or limit the extent that a right of access to and from the land is insured by this policy. (h) "Mortgage": Mortgage, deed of trust, trust deed, or other security instrument, including one evidenced by electronic means authorized by law. f) 'Public Records": Records established under state statutes at Date of Policy for the purpose of imparting constructive notice or matters relating to real property to purchasers for value and without Knowledge. With respect to Covered Risk 5(d). "Public Records" shall also include environmental protection liens riled in the records of the clerk of the United States District Court for the district where the Land Is located. 0) "Title": The estate or interest described in Schedule A. (k) 'Unmarketable Title": Tide affected by an alleged or apparent matter that would permit a prospective purchaser or lessee of the Title or lender on the Title to be released from the obligation to purchase. [use, or lend if there is a contractual condition requiring the delivery of marketable title. 0 0 CONDITIONS (Continued) 2. CONTINUATION OF INSURANCE The coverage of this policy shall continue in force as of Date of Policy in favor of an Insured. but only so long as the Insured retains an estate or interest in the Land, or holds an obligation secured by a purchase money Mortgage given by a purchaser from the Insured, or only so long as the Insured shall have liability by reason of warranties in any transfer or conveyance of the Title. This policy shall not continue in force in favor of any purchaser from the Insured of tither (i) an estate or interest in the Land. or (ii) an obligation secured by a purchase money Mortgage given to the Insured. 3. NOTICE OF CLAIM TO BE GIVEN BY INSURED CLAIMANT The Insured shall notify the Company promptly in writing (i) in case of any litigation as set forth in Section 5(a) of these Conditions. 00 in case Knowledge shall come to an Insured hereunder of any claim of title or interest that is adverse to the Title, as insured, and that might cause loss or damage for which the Company may be liable by virtue of this policy, or (iii) if the Title, as insured, is rejected as Unmarketable Title. If the Company is prejudiced by the failure of the Insured Claimant to provide prompt notice. the Company's liability to the Insured Claimant under the policy shall be reduced to the extent of the prejudice. 4. PROOF OF LOSS In the event the Company is unable to determine the amount of loss or damage, the Company may. at its option, require as a condition of payment that the Insured Claimant furnish a signed proof of loss. The proof of loss must describe the defect, lien, encumbrance, or other matter insured against by this policy that constitutes the basis of loss or damage and shall state, to the extent possible, the basis of calculating the amount of the loss or damage. 5. DEFENSE ANT PROSECUTION OF ACTIONS (a) Upon written request by the Insured, and subject to the options contained in Section 7 of these Conditions, the Company, at its own cost and without unreasonable delay, shall provide for the defense of an Insured in litigation in which any third party asserts a claim covered by this policy adverse to the Insured. This obligation is limited to only those stated causes of action alleging matters insured against by this policy. The Company shall have the right to select counsel of its choice (subject to the right of the Insured to object for reasonable cause) to represent the Insured as to those stated causes of action. It shall not be liable for and will not pay the fees of any other counsel. The Company will mot pay any fees, costs. or expenses incurred by the Insured in the defense of those causes of action that allege matters not insured against by this policy. (b) The Company shall have the right, in addition to the options contained in Section 7 of these Conditions, at its own cost, to institute and prosecute any action or proceeding or to do any other act that in its opinion may be necessary or desirable to establish the Title, as insured, or to prevent or reduce loss or damage to the Insured. The Company may take any appropriate action under the terms of this policy, whether or not it shall be liable to the Insured. The exercise of these rights shall not be an admission of liability or waiver of any provision of this policy. If the Company exercises its rights under this subsection. it must do so diligently. (c) Whenever the Company brings an action or asserts a defense as required or permitted by this policy, the Company may pursue the litigation to a final determination by a court of competent jurisdiction. and it expressly reserves the right. in its sole discretion, to appeal any adversejudgment or order. 6. DUTY OF INSURED CLAIMANT TO COOPERATE (a) In all cases where this policy permits or requires the Company to prosecute or provide for the defense of any action or proceeding and any appeals, the Insured shall secure to the Company the right to so prosecute or provide defense in the action or proceeding, including the right to use, at its option, the name of the Insured for this purpose. Whenever requested by the Company, the Insured, at the Company's expense. shall give the Company all reasonable aid (i) in securing evidence, obtaining witnesses, prosecuting or defending the action or proceeding, or effecting settlement, and (ii) in any other lawful act that in the opinion of the Company may be necessary or desirable to establish the Title or any other matter as insured. If the Company is prejudiced by the failure of the Insured to furnish the required cooperation, the Company's obligations to the Insured under the policy shall terminate, including any liability or obligation to defend. prosecute, or continue any litigation, with regard to the matter or matters requiring such cooperation. The Company may reasonably require the Insured Claimant to submit to examination under oath by any authorized representative of the Company and to produce for examination. inspection, and copying, at such reasonable times and places as may be designated by the authorized representative of the Company, all records, in whatever medium maintained, including books, ledgers, checks, memoranda. correspondence. reports, e-mails. disks, tapes, and videos whether bearing a date before or after Date of Policy, that reasonably pertain to the loss or damage. Further, if requested by any authorized representative of the Company. the Insured Claimant shall grant its permission, in writing. for any authorized representative of the Company to examine. inspect, and copy all of these records in the custody or control of a third party that reasonably pertain to the loss or damage. All information designated as confidential by the Insured Claimant provided to the Company pursuant to this Section shall not be disclosed to others unless, in the reasonable judgment of the Company, it is necessary in the administration of the claim. Failure of the Insured Claimant to submit for examination under oath, produce any reasonably requested information, or grant permission to secure reasonably necessary information from third parties as required in this subsection, unless prohibited by law or governmental regulation, shall terminate any liability of the Company under this policy as to that claim. OPTIONS TO PAY OR OTHERWISE SETTLE CLAIMS; TERMINATION OF LIABILITY In case of a claim under this policy, the Company shall have the following additional options: (a) To Pay or Tender Payment of the Amount of Insurance. To pay or tender payment of the Amount of Insurance under this policy together With any costs, attorneys fees, and expenses incurred by the Insured Claimant that were authorized by the Company up to the time of payment or tender of payment and that the Company is obligated to pay. Upon the exercise by the Company of this option, all liability and obligations of the Company to the Insured under this policy, other than to make the payment required in this subsection, shall terminate, including any liability or obligation to defend. prosecute, or continue any litigation. (b) To Pay or Otherwise Settle With Parties Other Than the Insured or With the Insured Claimant. (i) To pay or otherwise settle with other parties for or in the name of an Insured Claimant any claim insured against under this policy. In addition. The Company will pay any costs, auomcys' fees. and expenses incurred by the Insured Claimant that were authorized by the Company up to the lime of payment and that the Company is obligated to pay; or (ii) To pay or otherwise settle with the Insured Claimant the loss or damage provided for under this policy, together with any costs, attorneys' fees, and expenses incurred by the Insured Claimant that were authorized by the Company up to the time of payment and that the Company is obligated to pay. Upon the exercise by the Company of either of the options provided for in subsections (b)(i) or (ii), the Company's obligations to the Insured under this policy for the claimed loss or damage, other than the payments required to be made, shall terminate, including any liability or obligation to defend, prosecute. or continue any litigation. CONDITIONS (Continued) 8. DETERMINATION AND EXTENT OF LIABILITY This policy is a contract of indemnity against actual monetary loss or damage sustained or incurred by the Insured Claimant who has suffered loss or damage by reason of matters insured against by this policy. (a) The extent of liability of the Company for loss or damage under this policy shall not exceed the lesser of (i) the Amount of Insurance; or 00 the difference between the value of the Title as insured and the value of the Title subject to the risk insured against by this policy. (b) If the Company pursues its rights under Section 5 of these Conditions and is unsuccessful in establishing the Title, as insured, (i) the Amount of Insurance shall be increased by 10%. and (ii) the Insured Claimant shall have the right to have the loss or damage determined either as of the date the claim was made by the Insured Claimant or as of the date it is sealed and paid. (c) In addition to the extent of liability under (a) and (b), the Company will also pay those costs, attorneys' fees, and expenses incurred in accordance with Sections 5 and 7 of these Conditions. 9. LIMITATION OF LIABILITY (a) If the Company establishes the Title, or removes the alleged defect. lien, or encumbratim or cures the lack of a right of access to or from the Land. or cures the claim of Unmarketable Title, all as insured. in a reasonably diligent manner by any method, including litigation and the completion of any appeals. it shall have fully performed its obligations with respect to that matter and shall not be liable for any loss or damage caused to the Insured. (b) In the event of any litigation, including litigation by the Company or with the Company's consent, the Company shall have no liability for loss or damage until them has been a final determination by a court of competent jurisdiction, and disposition of all appeals, adverse to the Title, as insured. (c) The Company shall not be liable for loss or damage to the Insured for liability voluntarily assumed by the Insured in settling any claim or suit without the prior written consent of the Company. 10. REDUCTION OF INSURANCE; REDUCTION OR TERMINATION OF LIABILITY All payments under this policy, except payments made for costs, attorneys fees. and expenses, shall reduce the Amount of Insurance by the amount of the payment. 11. LIABILITY NONCUMULATIVE The Amount of Insurance shall be reduced by any amount the Company pays under any policy insuring a Mortgage to which exception is taken in Schedule B or to which the Insured has agreed, assumed, or taken subject. or which is executed by an Insured after Date of Polity and which is a charge or lien on the Title, and the amount so paid shall be deemed a payment to the Insured under this policy. 12. PAYMENT OF LOSS When liability and the extent of loss or damage have been definitely fixed in accordance with these Conditions, the payment shall be made within 30 days. 13. RIGHTS OF RECOVERY UPON PAYMENT OR SETTLEMENT (a) Whenever the Company shall have seuled and paid a claim under this policy. it shall be subrogated and entitled to the rights of the Insured Claimant in the Title and all other rights and remedies in respect to the claim that the Insured Claimant has against any person or property, to the extent of the amount of any loss, costs. attorneys' fees, and expenses paid by the Company. if requested by the Company, the Insured Claimant shall execute documents to evidence the transfer to the Company of these rights and remedies. The Insured Claimant shall permit the Company to sue, compromise, or settle in the name of the Insured Claimant and to use the name of the Insured Claimant in any transaction or litigation involving these rights and remedies. If a payment on account of a claim does nor fully cover the loss of the Insured Claimant, the Company shall defer the exercise of its right to recover until alter the Insured Claimant shall have recovered its loss. (b) The Company's right of subrogation includes the rights of the Insured to indemnities, guaranties, other policies of insurance, or bonds, notwithstanding any teens or conditions contained in those instruments that address subrogation rights. I& ARBITRATION Either the Company or the Insured may demand that the claim or controversy shall be submitted to arbitration pursuant to the Title Insurance Arbitration Rules of the American Land Title Association ("Rules"). Except as provided in the Rules, them shall be no joinder or consolidation with claims or controversies of other persons. Arbitrable matters may include, but arc not limited to. any controversy or claim between the Company and the Insured arising out of or relating to this policy, any service in connection with its issuance or the breach of a policy provision, or to any other controversy or claim arising out of the transaction giving rise to this policy. All arbitrable matters when the Amount of Insurance is S2,000,000 or less shall be arbitrated at the option of either the Company or the Insured. All arbitrable matters when the Amount of Insurance is in excess of S2.000,000 shalt be arbitrated only when agreed to by both the Company and the Insured. Arbitration pursuant to this policy and under the Rules shall be binding upon the panics. Judgment upon the award rendered by the Arbitrator(s) may be entered in any court of competent jurisdiction. 15. LIABILITY LIMITED TO THIS POLICY; POLICY ENTIRE CONTRACT (a) This policy together with all endorsements, if any, attached to it by the Company Is the entire policy and contract between the Insured and the Company. In interpreting any provision of this policy, this policy shall be construed as a whole. (b) Any claim of loss or damage that arises out of the status of the Title or by any action asserting such claim shall be restricted to this policy. (c) Any amendment of or endorsement to this policy must be in writing and authenticated by an authorized person, or expressly incorporated by Schedule A of this policy. (d) Each endorsement to this policy issued at any time is made a pan of this policy and Is subject to all of its terms and provisions. Except as the endorsement expressly states, it does net (i) modify any of the terms and provisions of the policy, (6) modify any prior endorsement, (iii) extend the Date of Policy, or (iv) increase the Amount of Insurance. 16. SEVERABILITY In the event any provision of this policy, in whole or in part, is held invalid or unenforceable under applicable law, the policy shall be deemed not to include that provision or such part held to be invalid, but all other provisions shall remain in full force and effect. 17. CHOICE OF LAW; FORUM (a) Choice of Law: The Insured acknowledges the Company has underwritten the risks covered by this policy and determined the premium charged therefore in reliance upon the law affecting interests in real property and applicable to the interpretation. rights, remedies. or enforcement of policies of title insurance of the jurisdiction where the Land is located. Therefore, the court or an arbitrator shall apply the law of the jurisdiction where the Land is located to determine the validity of claims against the Title that are adverse to the Insured and to interpret and enforce the terms of this policy. In neither ease shall the court or arbitrator apply its conflicts of law principles to determine the applicable law. (c) Choice of Forum: Any litigation or other proceeding brought by the Insured against the Company must be filed only in a state or federal court within the United Slates of America or its territories having appropriate jurisdiction. 18. NOTICES WHERESENT Any notice cf claim and any other norice or statement in writing required to be given w the Company under this policy must be given to the Company at Claims Department at P.O. Box 2029. Houston, TX 77252.2029. 0 0 ALTA OWNER'S POLICY (6/17/06) SCHEDULE A Name and Address of Title Insurance Company: Stewart Title Guaranty Company P.O. Box 2029 Houston, Texas 77252-2029 Prepared by: Colorado Regional Production Center Title Officer. Linda Williams Order Number: 925178 Policy Number: 0-9301-1481970 Date of Policy: March 30, 2010 at 4:30 PM (or the date of tecordiny of the insured dad, whichever is late) Amount of Insurance: $840,000.00 Premium: S1,443.00 *Address Reference: 617 East Cooper Avenue 125 Aspen, Colorado 81611 1. Name of Insured Jona Holdings Inc 2. The estate or interest in the land that is insured by this Policy is: Fee Simple 3. Title to the estate or interest in the land is vested in: Jona Holdings Inc 4. The land referred to in this policy is described as follows: Condominium Unit 25, ASPEN SQUARE CONDOMINIUM, according to the Condominium Map thereof recorded December 20, 1968 in Plat Book 3 at Page 365 as Reception No. 133472, and as defined and described in Affidavit recorded October 7, 1977 in Book 336 at Page 197 as Reception No. 198029, and as defined and described in that Declaration -Aspen Square Condominium, appearing in such records in Book 238 at Page 249 as Reception No. 133471. COUNTY OF PITKIN, STATE OF COLORADO 'FOR COMPANY REFERENCE PURPOSE ONLY. NOT AN INSURING PROVISION } ,..,,�} ALTA Owner's Policy— Schedule A �^3leWQ1 L� Page I of 1 Policy Typist: tv m. v.—Y._P y • ALTA OWNER'S POLICY (6/17/06) SCHEDULE B Exceptions From Coverage Order Number: 925178 Policy Number: 0-9301-1481970 This policy does not insure against loss or damage (and the Company will not pay costs, attorney's fees or expenses) which arise by reason of- 1 , Rights or claims of parties in possession, not shown by the public records. 2. Easements, or claims of easements, not shown by the public records. 3. Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the title that would be disclosed by an accurate and complete land survey of the Land and not shown by the public records. 4. Any lien, or right to a lien, for services, labor or material heretofore or hereafter furnished, imposed by law and not shown by the public records. 5. Unpatented mining claims, reservations or exceptions in patents, or in acts authorizing the issuance thereof. 6. Water rights, claims or title to water. 7. All taxes for 2010 and subsequent years, which are a lien not yet payable. 8. The effect of inclusions in any general or specific water conservancy, fire protection, soil conservation or other district or inclusion in any water service or street improvement area. 9. Exceptions and reservations as set forth in the Act authorizing the issuance of the Patent for the City and Townsite of Aspen recorded March 1, 1897 in Book 139 at Page 216 as Reception No. 60156. 10. Agreement between the City of Aspen and Aspen Properties Company recorded December 5, 1968 in Book 237 at Pape 914. 11. Condominium Declaration for Aspen Square Condominium recorded December 20, 1968 in Book 238 at Page 249 as Reception No. 133471. 12. Easements, rights of way and other matters as shown and contained on Condominium Plat of Aspen Square Condominiums recorded December 20, 1968 in Plat Book 3 at Page 365 as Reception No. 133472. 13. Grant of Easement to Comcast of Colorado/Florida Inc. recorded July 19, 2009 as Reception No. 560079. ALTA Owner's Policy Schedule B-1 c_stewart* Page l of 1 me o�.. eycm w� • 0 ENDORSEMENT ATTACHED TO AND MADE A PART OF POLICY OF TITLE INSURANCE SERIAL NUMBER 0-9301-1481970 stewart, --------►title guaranty company HEREIN CALLED THE COMPANY Order Number: 925178 Charge: $150,00 The Policy is hereby amended by deleting Paragraph(s): 1-4, inclusive, of Schedule B: This endorsement is made a part of the policy and is subject to all of the terms and provisions thereof and of any prior endorsements thereto. Except to the extent expressly stated, it neither modifies any of the terms and provisions of the policy and any prior endorsements, nor does it extend the effective date of the policy and any prior endorsements, nor does it increase the face amount thereof. Signed under seal for the Company, but this endorsement is to be valid only when it bears an authorized countersignature. Countersigned: ste tyc-rt �title guaraanty company . W Senior Chairman or the Board orized Countcrsigneture Stewart Title Aspen Division (Chairman of the Board 620 East Hopkins Avenue Aspen, Colorado 81611 Phone: 970-925-3577 President Fax:970-925-1384 Agent ID: 06011 A Serial No. E-9851-3079421 Form 110.1 Detekon of Ercepdon(s) Endorsement • 0 STG Privacy Notice 1(Rev 01/26/09) Stewart Title Companies WIiAT DO THE STEWART TITLE COMPANIES DO WITH YOUR PERSONAL INFORMATION? Federal and applicable state law and regulations give consumers the right to limit some but not all sharing. Federal and applicable state law regulations also require us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand how we use your personal information. This privacy notice is distributed on behalf of the Stewart Title Guaranty Company and its affiliates (the Stewart Title Companies), pursuant to Title V of the Gramm -Leach -Bliley Act (GLBA). The types of personal information we collect and share depend on the product or service that you have sought through us. This information can include social security numbers and driver's license number. All financial companies, such as the Stewart Title Companies, need to share customers' personal information to run their everyday business —to process transactions and maintain customer accounts. In the section below, we list the reasons that we can share customers' personal information; the reasons that we choose to share and whether you can limit this sharing Reasons we can share your personal information Do we share? Can you limit this sharing? For our everyday business purposes— to process your transactions and maintain j your account. This may include running the business and managing customer Yes No accounts, such as processing transactions, mailing, and auditing services, and responding to court orders and legal investigations. For our marketing purposes— to offer our products and services to you. Yes No For joint marketing with other financial companies No I We don't share For our affiliates' everyday business purposes— information about your transactions and experiences. Affiliates are companies related by common ownership or control. They can be financial and nonfinancial companies. Our Yes No affiliates may include companies with a Stewart name; financial companies, such as Stewart Title Company i For our affiliates' everyday business purposes— information about your i No We don't share creditworthiness. For our affiliates to market to you ! Yes No - --.. -- ----- - ---- — -- .._..-----.-_....--- For non -affiliates to market to you. Non -affiliates are companies not related by - ;-- - _ .............. ..... .._._— common ownership or control. They can be financial and nonfinancial companies. No We don't share We may disclose your personal information to our affiliates or to non -affiliates as permitted by law. If you request a transaction with a non -affiliate, such as a third party insurance company, we will disclose your personal information to that non -affiliate. [We do not control their subsequent use of information, and suggest you refer to their privacy notices.] Sharing practices How often do the Stewart Title Companies notify me about their practices? How do the Stewart Title Companies protect my personal information? How do the Stewart Title Companies collect my personal information? We must notify you about our sharing practices when you request a transaction. To protect your personal information from unauthorized access and use, we use security measures that comply with federal and state law. These measures include computer, file, and building safeguards. We collect your personal information, for example, when you • request insurance -related services • provide such information to us We also collect your personal information from others, such as the real estate agent or lender involved in your transaction, credit reporting agencies, affiliates or other companies. What sharing can I limit? Although federal and state law give you the right to limit sharing (e.g., opt out) in certain instances, we do not share your personal information in those instances. f Contact Us i If you have any questions about this privacy notice, please contact us at: Stewart Tide Guaranty Company, 1980 Post Oak Blvd., S Privacy Officer, Houston. Texas 77056 Order Number: 925178 Buyer's Final Closing Statemenl� 0 Y 9 3/25/70 3:40 PM File 925178 Stewart Title(970) 925-3577 Buyer's Final Closing Statement Buyer(s) Jona Holdings Inc, 2100.155 Cumberland Street, Toronto, Ontario, Canada M5R tA2 Seller(s) Michael Keenan, 1075 Duval St C-21, PMB 238, Key West, FL 33040 Nola Keenan, 1075 Duval St C-21, PMB 238, Key West, FL 33040 Lender Property Unit 25, Aspen Square Condo, Section RFR 617 East Cooper Avenue, 125 Aspen, CO 81611 Closing date 3/30/2010 Proration date 3/30/2010 Bank USB - US Bank -State Escrow account Escrow Unit 301 -Aspen Division Escrow Officer Drucilla Dorn Debit Credit ContractSales Price ........................................ _............................................. ...... ...... ........................... 840,000.00 Deposits: Deposit or earnest money from Jona Holdings Inc..................................................................................... 80,000.00 Prorations: Assessments From 3/30/2010 to 10/1/2010 @ $62.89041/day.................................................................................. 11,634.73 County taxes $3370 ML-AV From 111 /2010 to 3/30/2010 0 $9.23288/day........................................................ -............................ 812.49 Title Charges: Settlement or closing fee to Stewart Title................................................................................................... 175.00 EDoc Fee to Stewart Title......................................................................................................................... 6.00 TaxCertificiate to Stewart Title.................................................................................................................. 20.00 Recording Fees/TransferCharges: Deed/Mortgage/Release to Stewart Title.................................................................................................... 28.00 Statetax/stamps to Stewart Title................................................................................................................ 84.00 Real Estate Transfer Tax to City of Aspen................................................................................................. 11,600.00 Additional Recording Fees - Statement of Authority to Stewart Title.......................................................... 12.00 Subtotal: 863,559.73 80,812.49 Balance due from Buyer: 782,747.24 Totals: 853,559.73 863,559.73 THE UNDERSIGNED, by the execution hereof, hereby (i) acknowledge that they have read the above and foregoing Closing Statement, (II) acknowledge that the same is true and correct, and (Ili) authorize and direct the Closing Agent to receive all amounts and disburse all amounts pursuant to the foregoing Closing Statement. It is mutually understood and agreed the taxes are estimated and in case of adjustment same will be made between the parties hereto. The Closing Agent is relieved of any responsibility with the adjustment of said taxes. 6J F�oldi�s Inc Y: do,v our as art e Stewart Title - Aspen Division Drucilla Dorn Escrow Officer DISCLOSURE Frias Properties of Aspen Dale Hower Broker Authorization Page 1 Buyer's Final Closing Stateme* 3/25/10 3:40 PM File 925178 The title company, Stewart Title - Aspen Division in its capacity as escrow agent, has been authorized to receive funds and disburse them when all funds received are either: (a) available for immediate withdrawal as a matter of right from the financial institution in which the funds are deposited, or (b) are available for immediate withdrawal as a consequence of an agreement of a financial institution in which the funds are to be deposited or a financial institution upon which the funds are to be drawn. The title company is disclosing to you that the financial institution may provide the title company with computer accounting or auditing services, or other bank services, either directly or through a separate entity which may or may not be affiliated with the title company. This separate entity may charge the financial institution reasonable and proper compensation for these services and retain any profits there from. The title company may also receive benefits from the financial institution in the form of advantageous interest rates on loan, sometimes referred to as preferred rate loan programs, relating to loans the title company has with the financial institution. The title company shall not be liable for any interest or other charges on the earnest money and shall be under no duty to invest or reinvest funds held by it at any time. In the event that the parties to this transaction have agreed to have interest on earnest money deposit transferred to a fund established for the purpose of providing affordable housing to Colorado residents, then the earnest money shall remain in an account designated for such purpose, and the interest money shall be delivered to the title company at closing. Page 2 The printed portions of this form, except differentiated additions, have been approved by the Colorado Real Estate Commission Ct8-9-08(Mandatory 1-09 THIS FORM HAS IMPORTANT LEGAL CONSEQUENCES AND THE PARTIES SHOULD CONSULT LEGAL AND TAX OR OTHER COUNSEL BEFORE SIGNING. CLOSING INSTRUCTIONS Date: March 30, 2010 I. PARTIES, PROPERTY. Michael Keenan and Nola Keenan Seller) and Jona Holdings Inc (Buyer) engage Stewart Title - Aspen Division Closing Company, who agrees to provide closing and settlement services in connection with the Closing of the transaction for the sale and purchase of the Property known as Number: _617East Cooper Avenue 125, Aspen CO 81611 and more fully described in the Contract to Buy and Sell Real Estate, dated February 22, 2010 including any counterproposals and amendments (Contract). 2. INFORMATION, PREPARATION. Closing Company is authorized to obtain any information necessary for the Closing. Closing Company agrees to prepare, deliver and record those documents (excluding legal documents) that are necessary to carry out the terms and conditions of the Contract. 3. CLOSING FEE. Closing Company will receive a fee not to exceed $350.00 for providing these closing and settlement services. 4. RELEASE, DISBURSEMENT. Closing Company is not authorized to release any signed documents or things of value prior to receipt and disbursement of Good Funds, except as provided in §§ 8 and 9. 5. DISBURSER Closing Company shall disburse all funds, including real estate commissions, except those funds as may be separately disclosed in writing to Buyer and Seller by Closing Company or Buyer's lender on or before closing. All parties agree that no one other than the disburser can assure that payoff of loans and other disbursements will actually be made. 6. SELLER'S NET PROCEEDS. Seller will receive the net proceeds of Closing as indicated: ( Cashier's check, at Seller's expense Funds electronically transferred (wire transfer) to an account specified by the Seller, at Seller's expense Closing Company's trust account check. CLOSING STATEMENT. Closing Company will prepare and deliver an accurate, complete and detailed closing statement to Buyer and Seller at time of Closing. 8. FAILURE OF CLOSING. If Closing or disbursement does not occur on or before Closing Date set forth in the Contract, Closing Company, except as provided Therein, is authorized and agrees to return all documents, monies, and things of value to the depositing parry, upon which Closing Company will be relieved from any further duty, responsibility or liability in connection with these Closing Instructions. In addition, any promissory note, deed of trust or other evidence of indebtedness signed by Buyer shall be voided by Closing Company, with the originals returned to Buyer and a copy to Buyer's lender. 9. EARNEST MONEY DISPUTE. Except as otherwise provided herein, Earnest Money Holder shall release the Earnest Money as directed by written mutual instructions, signed by both Buyer and Seller. In the event of any controversy regarding the Earnest Money (notwithstanding any termination of the Contract), Earnest Money Holder shall not be required to take any action. Earnest Money Holder, at its option and sole discretion, may (1) await any proceeding, (2) interplead all parties and deposit Earnest Money into a court of competent jurisdiction and shall recover court costs and reasonable attorney and legal fees, or (3) provide notice to Buyer and Seller that unless Earnest Money Holder receives a copy of the Summons and Complaint or Claim (between Buyer and Seller) containing the case number of the lawsuit (Lawsuit) within one ]hundred twenty days of Earnest Money Holder's notice to the parties, Earnest Money Holder shall be authorized to return the Earnest Money to Buyer. In the event Earnest Money Holder does receive a copy of the Lawsuit, and has not interpled the monies at the time of any Order, Earnest Money Holder shall disburse the Earnest Money pursuant to the Order of the Court. 10. SUBSEQUENT AMENDMENTS. Any amendments to, or termination of, these Closing Instructions must be in writing and signed by Buyer, Seller and Closing Company. 11. CHANGE IN OWNERSHIP OF WATER WELL. Within sixty days after Closing, Closing Company shall submit any required Change in Ownership form or registration of existing well form to the Division of Water Resources in the Department of Natural Resources (Division), with as much information as is available, and the Division shall be responsible for obtaining the necessary well registration information directly from Buyer. Closing company shall not be liable for delaying Closing to ensure Buyer completes any required form. 12. WITHHOLDING. The Internal Revenue Service and the Colorado Department of Revenue may require Closing Company to withhold a substantial portion of the proceeds of this sale when Seller either (a) is a foreign person or (b) will not be a Colorado resident after Closing. Seller should inquire of Seller's tax advisor to determine if withholding applies or if an exemption exists. 13. ADDITIONAL PROVISIONS. (The following additional provisions have not been approved by the Colorado Real Estate Commission) None 14. COUNTERPARTS. This document may be executed by each parry, separately, and when each party has executed a copy, such copies taken together shall be deemed to be a full and complete contract between the parties. Order N—bu:925178—C2 CLS-9.08. Clos.ng hnswctions Page h of 3 15. BROKER'S COPIES. Closing Company shall provide, to each broker in this transaction, copies of all signed documents that such brokers are required to maintain pursuant to the rules of the Colorado Real Estate Commission. 16. NOTICE, DELIVERY AND CHOICE OF LAW 16.1. Physical Delivery. Except as provided in § 16.2, all notices must be in writing. Any notice or document to Buyer shall be effective when physically received by Buyer, any individual buyer, any representative of Buyer, or Brokerage Firm of Broker working with the Buyer. Any notice or document to Seller shall be effective when physically received by Seller, any individual Seller, any representative of Seller, or Brokerage Firm of Broker working with Seller. Any notice or document to Closing Company shall be effective when physically received by Closing Company, any individual of Closing Company, or any representative of Closing Company. 16.2. Electronic Delivery. As an alternative to physical delivery, ally signed documents and written notice may be delivered in electronic form by the following indicated methods only: (It) Facsimile M Email ( ) No Electronic Delivery Documents with original signatures shall be provided upon request of any party. 16.3. Choice of Law. This contract and all disputes arising hereunder shall be governed by and construed in accordance with the laws of the State of Colorado that would be applicable to Colorado residents who sign a contract in this state for property located in Colorado. Buyer(s) Signature Jona Holdings Inc By: er(s) Signature chael Keenalt Nola KeenaA Date: March 30, 2010 Stewart Title - Aspen Division By Escrow Officer Drucilla Dorn Title Stewart Title DISCLOSURE The title company, Stewart Title - Aspen Division in its capacity as escrow agent, has been authorized to receive funds and disburse them when all funds received are either: (a) available for immediate withdrawal as a matter of right from the financial institution in which the funds are deposited, or (b) are available for immediate withdrawal as a consequence of an agreement of a financial institution in which the funds are to be deposited or a financial institution upon which the funds are to be drawn. The title company is disclosing to you that the financial institution may provide the title company with computer accounting or auditing services, or other bank services, either directly or through a separate entity which may or may not be affiliated with the title company. This separate entity may charge the financial institution reasonable and proper compensation for these services and retain any profits there from. The title company may also receive benefits from the financial institution in the form of advantageous interest rates on loans, sometimes referred to as preferred rate loan programs, relating to loans the title company has with the financial institution. The title company shall not be liable for any interest or other charges on the earnest money and shall be under no duty to invest or reinvest fiords held by it at any time. In the event that the parties to this transaction have agreed to have interest on earnest money deposit transferred to a fund established for the purpose of providing affordable housing to Colorado residents, then the earnest money shall remain in an account designated for such purpose, and the interest money shall be delivered to the title company at closing. BUYER(S): z Jona Holdings Inc By: Company: Stewart Title - Aspen Division Date: March 30, 2010 By: Drucilla Dorn Order Number:925178--C2 CI.8-9-08. Closing Inswni— Page 2 of 3 • • 15. BROKER'S COPIES. Closing Company shall provide, to each broker in this transaction, copies of all signed documents that such brokers are required to maintain pursuant to the rules of the Colorado Real Estate Commission. 16. NOTICE, DELIVERY AND CHOICE OF LAW. 16.1. Physical Delivery. Except as provided in § 16.2, all notices must be in writing. Any notice or document to Buyer shall be effective when physically received by Buyer, any individual buyer, any representative of Buyer, or Brokerage Firm of Broker working with the Buyer. Any notice or document to Seller shall be effective when physically received by Seller, any individual Seller, any representative of Seller, or Brokerage Firm of Broker working with Seller. Any notice or document to Closing Company shall be effective when physically received by Closing Company, any individual of Closing Company, or any representative of Closing Company. 16.2. Electronic Delivery. As an alternative to physical delivery, any signed docunncants and written notice may be delivered in electronic forth by the following indicated methods only: (X) Facsimile (X) Email ( ) No Electronic Delivery Documents nvith original signatures shall be provided upon request of any parry. 16.3. Choice of Law. This contract and all disputes arising hereunder shall be governed by and construed in accordance with the laws of the State of Colorado that would be applicable to Colorado residents who sign a contract in this state for property located in Colorado. Buyer(s) Signature AHosvvc.,-- T Seller(s) Signature Michael Keenan Nola Keenan Date: March 30, 2010 Stewart Title - Aspen Division By \/ lJl�.1,3� /\ ?�Q = Escrow Officer Dhtdffia Dorn Title Stewart Title DISCLOSURE The title company, Stewart Title - Aspen Division in its capacity as escrow agent, has been authorized to receive funds and disburse them when all funds received are either: (a) available for immediate withdrawal as a matter of right from the financial institution in which the funds are deposited, or (b) are available for immediate withdrawal as a consequence of an agreement of a financial institution in -vvliich the funds are to be deposited or a financial institution upon which the funds are to be drawn. The title company is disclosing to you that ffie financial institution may provide the title company with computer accounting or auditing services, or other bank services, either directly or through a separate entity which may or may not be affiliated with the title company. This separate entity may charge the financial institution reasonable and proper compensation for these services and retain any profits there from. The title company may also receive benefits from the financial institution in the form of advantageous interest rates on loans, sometimes referred to as preferred rate loan programs, relating to loans the title company has with the financial institution. The title company shall not be liable for any interest or other charges on the earnest money and shall be under no duty to invest or reinvest funds held by it at any time. In the event that the parties to this transaction have agreed to have interest on earnest money deposit transferred to a fund established for the purpose of providing affordable housing to Colorado residents, then the earnest money shall remain in an account designated for such purpose, and the interest money shall be delivered to the title company at closing. BUYER(S) Jona Hol(21,ings Inc By: Closing Company: Stewart Title - Aspen Division Date: March 30, 2010 By: Drucilla Dom Wr N—b-9'+5178--C2 CLS-9.08. C1.i.& 1.tn ctj=s P&6m 2 or 3 WAL ESTATE TAX, UTILITY As HOMEOWNERS ASSOCIATION AGREEMENT REAL ESTATE TAXES It is hereby understood and agreed between the Buyer(s) and Seller(s) of property known as: 617 East Cooper Avenue 125, Aspen, CO 81611 That the taxes for the current year have been adjusted as of this date on the basis of the following: Estimate of current year: 2009 Mill Levy of 25.253 X the 2009 Assessment of $133450 = total tax estimate of $3370.00, adjusted by any applicable qualifying seniors property tax exemption. This is to be considered a final settlement at closing. SPECIAL ASSESSMENTS None of Record Actual taxes may change by reason of reassessment by the County Assessor. By executing this agreement, the undersigned indemnify and hold harmless Stewart Title - Aspen Division and Stewart Title Guaranty Company from any liability for reporting errors by local, county or state agency about special assessments that are not of record with the county treasurers office. Neither Stewart Title - Aspen Division nor Stewart Title Guaranty Company shall have any responsibility for future adjustments of special assessments. Rather, the undersigned shall assume responsibility for pursuing and effectuating the adjustments. UTILITY AGREEMENT The water and/or sewer and/or electric for the above address were settled in the following manner: All utilities, if any, will be handled between seller and buyer outside of closing. If water and sewer are applicable, those amounts have been prorated on the closing statements. Purchaser and seller agree to contact all utility departments within 24 business hours from date of closing regardless of options selected above. Upon receipt of the final water and/or sewer billing, Stewart Title - Aspen Division will make any necessary prorations and pay the amounts due per the billing received, balance of the escrowed funds, if any, will then be disbursed to the seller. If there was not enough monies escrowed at the time of closing to pay said water and/or sewer billings, the seller shall be obligated to make up the difference, upon demand, Stewart Title - Aspen Division will not pay or be responsible for the additional charges or any delinquencies. HOMEOWNERS ASSOCIATION DUES (�) Homeowners association dues are prorated to closing date on the basis of information received from the association and/or seller. ( ) Seller warrants that This Bement executed on S R(S): /� Michael Keenan / B1 Jol By are no association dues assessed against subject property. 30, 2010 Nola Keenan Order Number. 925I78--C2 Real Estate Tax Agreement —Residential (Seller -Buyer) Page 1 of 1 WAL ESTATE TAX, UTILITY A • HOMEOWNERS ASSOCIATION AGREEMENT REAL ESTATE TAXES It is hereby understood and agreed between the Buyer(s) and Seller(s) of property known as: 617 East Cooper Avenue 125, Aspen, CO 81611 That the taxes for the current year have been adjusted as of this date on the basis of the following: Estimate of current year: 2009 Mill Levy of 25.253 X the 2009 Assessment of $133450 = total tax estimate of $3370.00, adjusted by any applicable qualifying seniors property tax exemption. This is to be considered a final settlement at closing. SPECIAL ASSESSMENTS None of Record Actual taxes may change by reason of reassessment by the County Assessor. By executing this agreement, the undersigned indemnify and hold harmless Stewart Title - Aspen Division and Stewart Title Guaranty Company from any liability for reporting errors by local, county or state agency about special assessments that are not of record with the county treasurers office. Neither Stewart Title - Aspen Division nor Stewart Title Guaranty Company shall have any responsibility for future adjustments of special assessments. Rather, the undersigned shall assume responsibility for pursuing and effectuating the adjustments. UTILITY AGREEMENT The water and/or sewer and/or electric for the above address were settled in the following manner: All utilities, if any, will be handled between seller and buyer outside of closing. If water and sewer are applicable, those amounts have been prorated on the closing statements. Purchaser and seller agree to contact all utility departments within 24 business hours from date of closing regardless of options selected above. Upon receipt of the final water and/or sewer billing, Stewart Title - Aspen Division will make any necessary prorations and pay the amounts due per the billing received, balance of the escrowed funds, if any, will then be disbursed to the seller. If there was not enough monies escrowed at the time of closing to pay said water and/or sewer billings, the seller shall be obligated to make up the difference, upon demand, Stewart Title - Aspen Division will not pay or be responsible for the additional charges or any delinquencies. HOMEOWNERS ASSOCIATION DUES (�) Homeowners association dues are prorated to closing date on the basis of information received from the association and/or seller. ( ) Seller warrants that there are no association dues assessed against subject property. This agreement executed on March 30, 2010 SELLER(S): Michael Keenan Nola Keenan BUYER(S): Iona Ho kngs Inc �t its t vlr..� Order Number: 925178—C2 Real Estate Tax Agreement —Residential (Seller -Buyu) Page 1 of 1 COMPLIANCE AGREEMENT AND PRIVACY RELEASE Date: March 30, 2010 Property: Condominium Unit 25, ASPEN STATE OF COLORADO Order Number: 925178--C2 SQUARE CONDOMINIUM COUNTY OF PITKIN, It is expressly agreed and understood between the undersigned parties Stewart Title is acting as Closing Agent in the above referenced transaction and shall in no way be liable as to the accuracy or completeness of any Payoff Statement and/or Assumption Statement that has been provided to said company for the purposes of closing this transaction. Stewart Title has acted in good faith in compiling the data and information as set forth on the applicable Settlement Statement(s). The undersigned agree that any additional funds due and payable after closing will be immediately paid by the responsible party/parties. The undersigned further agree that in the event any of the documents required in this closing misstate or inaccurately reflect the true and correct terms and provisions thereof, and said misstatement or inaccuracy is due to unilateral mistake on the part of Stewart Title, or mutual mistake on the part of the undersigned and Stewart Title, or clerical error, then in such event, the undersigned shall upon request by Stewart Title and in order to correct such misstatement or inaccuracy, execute such new documents or initial such corrected original documents as Stewart Title may deem necessary to remedy said inaccuracy or mistake. The undersigned Buyer(s) hereby authorize(s) Stewart Title to release copies of the following documents: ❑ Promissory Note ❑ Deed of Trust ❑ Truth in Lending ❑ Last page of the HUD Settlement Statement ❑ Other: To: ❑ Listing Agent ❑ Selling Agent ❑ Mortgage Broker ❑ The undersigned Buyer(s) hereby decline(s) to authorize Stewart Title to release copies of the above referenced documents to the Listing Agent, Selling Agent and/or Mortgage Broker. Upon execution Stewart Title will provide you with a copy of this document for your records and will also maintain a copy of this document in electronic format to be provided upon your request. Keenan Nola Keenan Order Number: 925178•-C2 Compliance Agreement — Sale Page I of I • COMPLIANCE AGREEMENT AND PRIVACY RELEASE Date: March 30, 2010 Property: Condominium Unit 25, ASPEN STATE OF COLORADO Order Number: 925178--C2 SQUARE CONDOMINIUM COUNTY OF PITKIN, It is expressly agreed and understood between the undersigned parties Stewart Title is acting as Closing Agent in the above referenced transaction and shall in no way be liable as to the accuracy or completeness of any Payoff Statement and/or Assumption Statement that has been provided to said company for the purposes of closing this transaction. Stewart Title has acted in good faith in compiling the data and information as set forth on the applicable Settlement Statement(s). The undersigned agree that any additional funds due and payable after closing will be immediately paid by the responsible party/parties. The undersigned further agree that in the event any of the documents required in this closing misstate or inaccurately reflect the true and correct terms and provisions thereof, and said misstatement or inaccuracy is due to unilateral mistake on the part of Stewart Title, or mutual mistake on the part of the undersigned and Stewart Title, or clerical error, then in such event, the undersigned shall upon request by Stewart Title and in order to correct such misstatement or inaccuracy, execute such new documents or initial such corrected original documents as Stewart Title may deem necessary to remedy said inaccuracy or mistake. The undersigned Buyer(s) hereby authorize(s) Stewart Title to release copies of the following documents: ❑ Promissory Note ❑ Deed of Trust ❑ Truth in Lending ❑ Last page of the HUD Settlement Statement ❑ Other: To: ❑ Listing Agent ❑ Selling Agent ❑ Mortgage Broker ❑ The undersigned Buyer(s) hereby decline(s) to authorize Stewart Title to release copies of the above referenced documents to the Listing Agent, Selling Agent and/or Mortgage Broker. Upon execution Stewart Title will provide you with a copy of this document for your records and will also maintain a copy of this document in electronic format to be provided upon your request. SELLER(S): Michael Keenan BUYER(S): Jona Hol 'ngs Inc By: Nola Keenan Order Number: 925178--C2 Compliance Agreement — Sale Page I of I • Stewart Title - Aspen Division • Date: March 30, 2010 ATTN: PAYOFF DEPARMENT CitiMortgage, Inc. Attn: Payoff Department 4740 121 st Street Urbandale, Iowa 50323 RE: Your Loan No. Borrower: Property Address: Order Number: 925178--C2 1119979771 Michael Keenan and Nola Keenan Condominium Unit 25, ASPEN SQUARE CONDOMINIUM COUNTY OF PITKIN, STATE OF COLORADO Date Deed of Trust Recorded July 14, 2008 Book and Page/Reception No. 551086 Enclosed is our check in the amount of $395,257.74, representing payment in full of the above referenced loan. You are authorized to deposit these funds once you are in a position to tender to Stewart Title -Aspen Division your "PAID" ORIGINAL PROMISSORY NOTE, ORIGINAL DEED OF TRUST, and executed COLORADO RELEASE FORM. RELEASE FEES IN COLORADO, ARE NOW $21.00 FOR THE ONE PAGE RELEASE. ANY RELEASE OVER ONE PAGE, YOU WILL NEED TO ADD $5.00 PER PAGE. MAKE YOUR CHECK PAYABLE TO THE PUBLIC TRUSTEE. If this payoff is for a "Line of Credit," you are authorized to deposit these funds once you are in a position to tender to Stewart Title - Aspen Division your "PAID" PROMISSORY NOTE or LINE OF CREDIT AGREEMENT, ORIGINAL DEED OF TRUST, and executed COLORADO RELEASE OF DEED OF TRUST FORM, AND WRITTEN CONFIRMATION THAT YOU HAVE CLOSED THE "LINE OF CREDIT" ACCOUNT. BY ACCEPTING THESE FUNDS YOU AGREE TO IMMEDIATELY CLOSE THE LINE OF CREDIT AND RELEASE THE DEED OF TRUST. The undersigned borrower(s) hereby authorize and demand you to close and terminate the "Line of Credit" account and execute a full and final release of the Note and Deed of Trust in this matter. I/We, the borrower(s) understand that our account will no longer be available for use. I/We, the borrower(s) acknowledge that, Stewart Title - Aspen Division, and Stewart Title Guaranty Company, as well as other parties are relying upon this payment rder to close and terminate before funding the enclosed payoff in full expectation that aLEASE OF TRUST/DEED will be recorded to clear any lien from the lands described in the Deed of Michael Keenan Nola Keenan Please forward the above documents (and written confirmation that you have closed the "Line of Credit" account) to: Stewart Title- Aspen Division 620 East Hopkins Avenue Aspen, Colorado 81611 Your immediate response will be greatly appreciated. SELLER'S FORWARDING ADDRESS: 1075 Duval St C-21. PMB 238 Key West, FL 33040 Thank you, Stewart Title - Aspen Division Drucilla Dom "'•EFFECTIVE SEPTEMBER 1.1997,.. COLORADO REVISED STATUTES, 30-10-406 (3) (a), AMENDED: REQUIRES TFLXT ALL DOCUMENTS RECEIVED FOR RECORDING IN THE CLERK AND RECORDER'S OFFICE SHALL CONTAIN A TOP MARGIN OF AT LEAST ONE INCH AND A LEFT, RIGHT AND BOTTOM MARGIN OF AT LEAST ONE-HALF AN INCH- THE CLERK AND RECORDER MAY REFUSE TO RECORD ANY DOCUMENTS THAT DOES NOT CONFORM. Order Number: 925 7 7S--C2 PayofrAttachment-Lender 1 -S • BILL OF SALE KNOW ALL MEN BY THESE PRESENTS, That Michael Keenan and Nola Keenan of the County of Monroe, State of Florida (seller) for and in consideration of TEN DOLLARS AND OTHER GOOD AND VALUABLE CONSIDERATION, to him in hand paid, at or before the ensealing or delivery of those prescw , by Jona Holdings Inc of the County of, State of (Buyer), the receipt of which is hereby acknowledged, has bargained and sold, and by these presents does grant and convey unto the said Buyer, his personal representatives, successors and assigns, the following property, goods and chattels, to wit: 1. Fixtures. If attached to the Property on the date of this Contract, lighting, heating, plumbing, ventilating, and air conditioning fixtures, TV antemlas, inside telephone, network and coaxial (cable) wiring and connecting blocks/jacks, plants, mirrors, floor coverings, intercom systems, built-in kitchen appliances, sprinkler systems and controls, built-in vacuum systems (including accessories), including garage door openers including n/a remote controls; and n/a 2. Personal Property. The following are included if on the Property whether attached or not on the date of this Contract; stonn windows, stoma doors, window and porch shades, awnings, blinds, screens, window coverings, curtain rods, drapery rods, fireplace inserts, fireplace screens, fireplace grates, heating stoves, storage sheds, and all keys. If checked, the following are included: (X) Water Softeners, (X) Smoke/Fire Detectors, ( ) Security Systems, ( ) Satellite Systems (including satellite dishes) 3. Other Inclusions. All furniture and furnishings, window coverings, dishwasher, microwave, range, refrigerator, ceiling fan and light fixtures. 4. Exclusions. The following items are excluded: n/a Located at: Condominium Unit 25, ASPEN SQUARE CONDOMINIUM COUNTY OF PITKIN, STATE OF COLORADO TO HAVE AND TO HOLD the same unto the said Buyer, his personal representatives, successors and assigns, forever. The said Seller covenants and agrees to and with the Buyer, his personal representatives, successors and assigns, to WARRANT AND DEFEND the sale of said property, goods and chattels, against all and every person or person whomever. When used erein, the singular shall include the plural, the plural the singular, and the use of any gender shall be applicable to allkenders. IN WJ;nWSS WHEREOF, tye Seller has executed this Bill of Sale this 29th day of March; 2010. Michael Keenan State of Nevada ) ss. Comity of Clark ) Nola Keenan The foregoing instrument was acknowledged before me on this)�f �1. D by Michael Keenan and Nola Keenan MICH PRIM NWARY putwUBUC Witness my hand offici NotRy STAII Of NEMA "App**r-tE J1J11A2 A ; cwtftcoo No:99w612.1 -- Not ubl'c: My on is 'on expires: 11)// J 2— order Number: 925178—C2 Bill of Sale Page 1 of I INDEMNIAAND AFFIDAVIT AS TO DEBTSIENS AND POSSESSION Order Number: 925178—C2 Real property and improvements located in the County of Pitkin, State of Colorado, and more particularly described as follows: Condominium Unit 25, ASPEN SQUARE CONDOMINIUM COUNTY OF PITKIN, STATE OF COLORADO Before me, the undersigned authority on this day personally appeared Michael Keenan and Nola Keenan Seller's)* personally known to me to be the person whose name is subscribed hereto and upon his/her oath deposes and says that no proceedings in bankruptcy or receivership have been instituted by or against him/lu.r and that the marital status of afliant has not changed since the day of acquisition of said property and represents to the purchaser and/or Lender in this transaction that there are: I. No unpaid debts for lighting and plumbing fixtures, water heaters, floor furnaces, heaters, air conditioners, built -it fireplace screens, installed outdoor cooling equipment, swimming pool equipment, built-in cleaning equipment, built-in kitchen equipment, satellite dish, radio or television antennae, garage door openers, carpeting rugs, lawn sprinkling systems, venetian blinds, curtain and rods, window shades, draperies and rods, valances, screens, shutters, awnings, mirrors, ceiling farms, attic fans, mail boxes, security and fire alarm detection equipment, water softener, electric appliances, fences, street paving, or any personal property of fixtures that are located in the subject property described above, and that no such items have been purchased on time payment contracts, and there are no security interest on such property secured by financing statement, security agreement or otherwise except the following: Whgj Creditor Approximate Amount 2. No loans, unpaid judgments, or liens (including Federal or State Liens or Judgment Liens) and no unpaid govenunental or association taxes, charges or assessments of any kind on such property except the following: Creditor Approximate Amount 3. All labor and material used in the construction of improvements on the above described property have been paid for and there are now no unpaid labor or material claims against the improvements or the property upon which same are situated, and I hereby declare that all stuns of money due for the construction of improvements have been full paid and satisfied, except the following: 4. No leases, contracts to sell the land, or parties in possession other than affiant except as follows: (It NONE write NONE on blank I ire) *5. To be filled in if a sale - *The Seller (is) _X_ (is not) (Check applicable) a foreign person, foreign corporation, foreign partnership, foreign trust, foreign estate or other foreign entity (as defined in the hntemal Revenue Code and Income Tax Regulations) Seller's address (office address, if seller is an entity, home address if seller is any individual) is: 1075 Duval St C-21, PMB 238, Key West, FL 33040 This affidavit may be disclosed to the Internal Revenue Service and is furnished to Buyer to inform Buyer that withholding of tax is not required under Section 1445 of the IntemaI Revenue Code. IF ANY DEED OF TRUST RECORDED AGAINST MY PROPERTY SECURES AN OPEN LINE OF CREDIT OR A REVOLVING LINE OF CREDIT, DIVE AFFIRM THAT i/WE HAVE NOT DRAWN ADDITIONAL FUNDS FROM THE LINE OF CREDIT SINCE THE DATE OF THE PAYOFF STATEMENT FROM MY/OUR LENDER TO STEWART TITLE COMPANY - Aspen Division UWE FURTHER AGREE- AND AFFIRM THAT UWE WILL NOT MAKE ANY FURTHER DRAWS ON THE LINE OF CREDIT AFTER THE DATE OF TITS AFFIDAVIT. ME FURTHER AFFIRM THAT I/WE HAVE NOT TAKEN OUT ANY LOANS AGAINST OUR PROPERTY OTHER THAN THOSE SHOWN ON THE ABOVE REFERENCED COMMIIWIENT NUMBER. INDEMNITY: I AGREE TO PAY ON DEMAND TO THE PURCHASERS AND/OR LENDER AND/OR TITLE COMPANIES (INCLUDING STEWART TITLE GUARANTY COMPANY) IN THIS TRANSACTION, THEIR SUCCESSORS AND ASSIGNS, ALL AMOUNTS SECURED BY ANY AND ALL LIENS, CLAIMS, OR RIGHTS NOT SHOWN ABOVE, TOGETHER WITH ALL COSTS, LOSS AND ATTORNEY'S FEES THAT SAID PARTIES MAY INCUR IN CONNECTION WITH SUCH UNMENTIONED LIENS, PROVIDED SAID LIENS, CLAIMS, OR RIGHTS EITHER CURRENTLY APPLY TO SUCH PROPERTY, OR A PART THEREOF, OR ARE SUBSEQUENTLY ESTABLISHED AGAINST SAID PROPERTY AND ARE CREATED BY ME, KNOWN Y MI OR HAVE AN INCEPTION OR ATTACHMENT DATE PRIOR TO THE CLOSING OF THIS TRANSAC 1 AAND RECORDING OF DEED AND THE DEED OF TRUST. I realize/encrIor purchaser and/or Lend and Title Companies in this transaction are relying on the representations contained herein in purchasing same or len ' hereon and mining till policies and would not purchase same or lend money issue a title policy thereon unless said representations were mad Borrower is an enti , ve authority to sign on its behalf. Michael Keenan I Nola Keenan State of Nevada ) ) SS. County of Clark ) The foregoing instrument was subscribed and swrorn to before me this _T day of March, 2010, by Michael Keenan and Nola Keenan MICHAEL STEPHEN RtBN Witness my h�ocialseal. NCFr NOTARY PUBLIC STATE OF NWVADA 1 boh AppolrO wo EKP: I I AII12 J� 0w1ftad*No:9"7612-1 No ry lic: My cons ' sio expires: NOTE TO BUYER: Buyer must retains undI end of fifth taxable year follo ing taxable year of transfer and must file with the Internal Revenue Service if required by regulation or otherwise. NOTE: TO BE FILLED IN PERSONALLY BY SELLER IN HIS/HER OWN HANDWRITING Order Number: 925I78-C2-C2 A&D&L-ALTA (Seller) Rev. 6199 Page 1 of 1 Stewart Title - Aspen Division PAYOFF INDEMNIFICATION AGREEMENT Order Number: 925178--C2 Lender: CitiMortgage, Inc. Loan No.: 1119979771 Borrower Address: 1075 Duval St C-21 PMB 238 Key West, Florida 33040 The undersigned hereby acknowledge that Stewart Title - Aspen Division is obligated to issue its Owner's and/or Loan Policies free and clear of the above referenced mortgage(s). In order to complete this transaction, and to induce Stewart Title - Aspen Division to issue its Policies and disburse all escrow proceeds, the undersigned hereby agree as follows: I. These liens are debts of the undersigned and as such, the undersigned is/are responsible for full payment of these debts. 2. To immediately, upon notification, deposit with Stewart Title - Aspen Division any additional funds demanded by the lender to satisfy and release the above referenced mortgage(s). 3. To reimburse Stewart Title - Aspen Division for any funds advanced to satisfy and release the lien(s) of the above niortgage(s). 4. To pay damages, court costs, attorney fees and expenses incurred by Stewart Title - Aspen Division enforcing this agreement and obtaining the release of the above mortgage(s). 5. That the terms of this agreement supersede any escrow, contract or Title Commitment/Policy duties owed by Stewart Title - Aspen Division to the undersigned, but only to the extent that those are inconsistent or contradictory. Stewart Ti e - Aspen Division ecifically reaffirms its duty to present payment to the lender/servicer in acco with the terms of the yoff letter, in a timely manner and consistent with normal escrow practices. IN SS WHEREOF, the arties have executed this agreement this 30th day of March, 2010. ` eze e'_— ichael Keenan Nola Kee State of Nevada ) ) SS. County of Clark ) The foregoing instrument was acknowledged before me on Z p by Michael Keenan and Nola Keenan MICHAEL SMPHEN MW NOSAW WBLtC STATE OF NEVADA o aieiani Itt Accepted: Stewart Title - n Division By: DDAilla Dorn Ader Number: 925178—C2 PayoffIndemnscation — Seller Page I of I Witness my hand and official seal. No ry M com is,i�� a Tres: 0 0 FINAL LIEN AFFIDAVIT AND AGREEMENT Date: 3/30/2010 Property: Real property and improvements located in the County of Pitkin, State of Colorado, and more particularly described as follows: 617 East Cooper Avenue 125 Aspen, Colorado 81611 Order Number: 925178--C2 PURCHASER'S AFFIDAVIT: The undersigned, Purchaser(s) of the herein described property, to induce Stewart Title Guaranty Company to issue its ALTA LOAN or ALTA OWNERS Policies of Title Insurance, without including therein an exception as to mechanics' liens or other statutory liens, in connection with the property described in said commitment, or any rights thereto, where no notice of such liens or rights appear of record, do hereby make the following representations to Stewart Title Guaranty Company with full knowledge and intent that said company shall rely thereon: 1. That the improvements on the real estate herein described have been fully completed and have been accepted by the undersigned as completed and as satisfactory. 2. The full purchase price has been paid by said purchaser(s) to said Owner/Seller. 3. The said premises (were) (will be) occupied by said purchaser(s) on or about March 30, 2010. 4. That the undersigned are not aware of any bills for services, labor or materials used in connection with the construction of the improvements located on said property which have not been paid. 5. That the undersigned have not caused any materials to be furnished or work to be done on the improvements located on said property or said property itself, which could give rise to any mechanics' or other statutory liens, claims and/or liens for such material or work, have not executed any security agreements or financing statements for materials, appliances, fixtures or furnishings, placed upon the property herein described or installed in the improvements located on said property. 6. In light of the foregoing facts, the undersigned, in connection of the issuance by Stewart Title Guaranty Company of a policy of Title Insurance covering said property in the manner described by the undersigned as set out above, hereby promise, covenant and agree to hold harmless, protect and indemnify Stewart Title Guaranty Company, the Mortgagee and their successors in interest from and against those liabilities, losses, damage, expenses and charges, including but not limited to attorney's fees and expenses of litigation by reason of any mechanics' or other statutory liens claims and/or liens for services, labor or materials used in connection with the construction of improvements located on said property insofar as they pertain to Paragraphs 1 to 5 above. Jona Hol 'figs Inc BY Ug!� ' i �- . L State of Q-oNoCcv. . ) ss. County of Ok" ) The foregoing instrument was subscried and sworn to before me this Za*% day of March, 2010, by By as f of Jona Holdings Inc Witness my hand and official seal. \NOTARY PUSLtC[:DRUCILLA-D'o-R'�jy, ATE OF COLORAj) , Notary P blic:MYmission Expires 04/21/2019 mmission expires: Order Number: 925178--C2 Final Lien Affidavit and Agreement Page I of I BILL OF SALE KNOW ALL MEN BY THESE PRESENTS, That Michael Keenan and Nola Keenan of the County of Monroe, State of Florida (seller) for and in consideration of TEN DOLLARS AND OTHER GOOD AND VALUABLE CONSIDERATION, to him in hand paid, at or before the ensealing or delivery of those presents by Jona Holdings Inc of the County of, State of (Buyer), the receipt of which is hereby acknowledged, has bargained and sold, and by these presents does grant and convey unto the said Buyer, his personal representatives, successors and assigns, the following property, goods and chattels, to wit: l . Fixtures. If attached to the Property on the date of this Contract, lighting, heating, plumbing, ventilating, and air conditioning fixtures, TV antennas, inside telephone, network and coaxial (cable) wiring and connecting blocks/jacks, plants, mirrors, floor coverings, intercom systems, built-in kitchen appliances, sprinkler systems and controls, built-in vacuum systems (including accessories), including garage door openers including n/a remote controls; and n/a 2. Personal Property. The following are included if on the Property whether attached or not on the date of this Contract; storm windows, storm doors, window and porch shades, awnings, blinds, screens, window coverings, curtain rods, drapery rods, fireplace inserts, fireplace screens, fireplace grates, heating stoves, storage sheds, and all keys. If checked, the following are included: (X) Water Softeners, (X) Smoke/Fire Detectors, ( ) Security Systems, ( ) Satellite Systems (including satellite dishes) 3. Other Inclusions. All furniture and furnishings, window coverings, dishwasher, microwave, range, refrigerator, ceiling fan and light fixtures. 4. Exclusions. The following items are excluded: n/a Located at: Condominium Unit 25, ASPEN SQUARE CONDOMINIUM COUNTY OF PITKIN, STATE OF COLORADO TO HAVE AND TO HOLD the same unto the said Buyer, his personal representatives, successors and assigns, forever. The said Seller covenants and agrees to and with the Buyer, his personal representatives, successors and assigns, to WARRANT AND DEFEND the sale of said property, goods and chattels, against all and every person or person whomever. When used herein, the singular shall include the plural, the plural the singular, and the use of any gender shall be applicable to allhenders. IN W;T,1)YESS WHEREOF, *e Seller has executed this Bill of Sale this 29th day of March, 2010. Keenan State of Nevada ) ss. County of Clark ) Nola — The foregoing instrument was acknowledged before me on this?--: 7 7Q )D by Michael Keenan and Nola Keenan MICHAEL FEFH" MM Witness my hand n4 offnci NOTARY PUBUO srnte Of r>tvnar► od. � � I�nsns ; pjq q�W*1=7612-1 N ubl'c: My ornipis 'on expires: 11 J 1 Z Order \umber: 925I78--C2 Bill of sale Pago n of n REAL PROPERTY TRANSFER DECLARATION GENERAL INFORMATION Purpose: The Real Property Transfer Declaration provides essential information to the county assessor to help ensure fair and uniform assessments for all property for property tax purposes. Refer to 39-14-102(4), Colorado Revised Statutes (C.R.S.). Requirements: All conveyance documents (deeds) subject to the documentary fee submitted to the county I clerk and recorder for recordation must be accompanied by a Real Property Transfer Declaration. This declaration must be completed and signed by the grantor (seller) or grantee (buyer). Refer to 39-14-102(1)(a), C.R.S. 7 i Penalty for Noncompliance: Whenever a Real Property Transfer Declaration does not accompany the deed; the clerk and recorder notifies the county assessor who will send a notice to the buyer requesting that the declaration be returned within thirty days after the notice is mailed. If the completed Real Property Transfer Declaration is not returned to the county assessor within the 30 days of notice, the assessor may impose a penalty of $25.00 or .025% (.00025) of the sale price, whichever is greater. This penalty maybe imposed for any subsequent year that the buyer fails to submit the declaration until the property is sold. Referl to 39-14- 102(1)(b), C_R.S_ Confidentiality: The assessor is required to make the Real Property Transfer Declaration available for inspection to the buyer. However, it is only available to the seller if the seller filed the declaration. Information derived fro4 the Real Property Transfer Declaration is available to any taxpayer or any agent of such taxpayer subject to confidentiality requirements as provided by law. Refer to 39-5-121.5, C.R.S. and 39-13-102(5)(c), C.R.S. i 1. Address and/or legal description of the real property sold: Please do not use P.O. Box numbers. l Condominium Unit 25, ASPEN SQUARE CONDOMINIUM COUNTY OF PITKIN STATE OF COLORADO I 2. Type of property purchased: Townhouse Single Family Residential Multi -Unit Res. Commercial X Condominium Agricultural Mixed Use Industrial Other: Vacant Land 3. Date of Closing: March 30, 2010 Date of contract if different than date of closing: February 22, 2010 4. Total Sale Price: Including all real and personal property. $840,000.00 5. Was any personal property included in the transaction? Personal property would include, but is not limited to, carpeting, draperies, free standing appliances, equipment, inventory, furniture_ If the personal property is n t listed, the entire purchase price will be assumed to be for the real property as per 39-13-102, C.R.S. X_ Yes _ No l If yes, approx. value Describe (teat�fit�llvrt 6. Did the total sale price include a trade or exchange of additional real or personal property? If yes, give the approximate value of the goods or services as of the date of closing. Yes X_ No If yes, value $ If yes, does this transaction involve a trade under IRS Code Section 1031? Yes X_ No 7. Was 100% interest in the real property purchased? Mark "no" if only a partial interest is being _X_ Yes No If no, interest purchased 8. Is this a transaction among related parties? Indicate whether the buyer or sellers are related_ Related include persons within the same family, business affiliates, or affiliated corporations. Yes No 9. Check any of the following that apply to the condition of the improvements at the time of purchase. New Average Poor Excellent Fair Salvage Good N/A Vacant Land Order Number. 925178—C2 Real Property Transfer Dxlatation Page 1 of 2 If the property is financed, please complete the following: 10. Total Amount financed. $ I I. Type of financing: (Check all that apply) New Assumed Seller Third Party Combination; Explain 12. Terms: Variable; Staining Interest Rate % Fixed; Interest Rate % Length of time years Balloon payment Yes No If yes, amount $ Due Date 13. Please explain any special terms, seller concessions, or financing and any other information that assessor understand the terms of sale. I help the For properties other than residential (Residential is defined as: single family detached, town homes, apartments and condominiums) please complete questions 14-16 if applicable. Otherwise, slip to #17 to complete. 1A T!l Yes No If yes, franchise or license fee value $ 15. Did the purchase price involve an installment land contract? Yes No If yes, date of contract 16. If this was a vacant land sale, was an on -site inspection of the property conducted by the buyer p `or t closing? Yes No Remarks: Please include any additional information concerning the sale you may feel is important. I i 17. Signed this March 30, 2010 Enter the day, month and year, have at least one of the parties to the transaction sign the document and include an ad( Please designate buyer or seller. BUYER: Iona Hol tngs Inc By: A .fe 18. All future correspondence (tax bills, property valuations, etc.) regarding this property should be mail�d I to 2100-155 Cumberland Street, Toronto, Ontario Canada M5R 1A2, Order Number: 925178—C2 Real Property TraWer Declaration Page 2 of 2 I I i the ress. 0 0 to (T WARRANTY DEED State Doc Fee: $84.00 THIS DEED, is dated the 30th day of March, 2010, and is made between MICHAEL KEENAN AND NOLA KEENAN (whether one, or more than one), the "Grantor," of the County of Monroe and State of Florida, and JONA HOLDINGS INC (whether one, or more than one), the "Grantee," whose legal address is: 2100-155 Cumberland Street, Toronto, Ontario, Canada M5R 1A2 Canada WITNESS, that the Grantor, for and in consideration of the sum of ( S840,000.00 ) Eight Hundred Forty Thousand dollars and Zero cents, the receipt and sufficiency of which is hereby acknowledged, hereby grants, bargains, sells, conveys and confirms unto the Grantee and the Grantee's heirs and assigns forever, all the real property, together with improvements thereon, located in the County of Pitkin and State of Colorado described as follows: Condominium Unit 25, ASPEN SQUARE CONDOMINIUM, according to the Condominium Map thereof recorded December 20, 1968 in Plat Book 3 at Page 365 as Reception No. 133472, and as defined and described in Affidavit recorded October 7, 1977 in Book 336 at Page 197 as Reception No. 198029, and as defined and described in that Declaration -Aspen Square Condominium, appearing in such records in Book 238 at Page 249 as Reception No. 133471. COUNTY OF PITKIN, STATE OF COLORADO also known by street and number as: 617 East Cooper Avenue 125, Aspen, CO 81611 TOGETHER with all and singular the hereditaments and appurtenances thereto belonging, or in anywise appertaining, the reversions, remainders, rents, issues and profits thereof, and all the estate, right, title, interest, claim and demand whatsoever of the Grantor, either in law or equity, of, in and to the above bargained premises, with the hereditaments and appurtenances; TO HAVE AND TO HOLD the said premises above bargained and described, with the appurtenances, unto the Grantee and the Grantee's heirs and assigns forever. The Grantor, for the Grantor and the Grantor's heirs and assigns, does covenant, grant, bargain, and agree to and with the Grantee, and the Grantee's heirs and assigns, that at the time of the ensealing and delivery of these presents, the Grantor is well seized of the premises above described; has good, sure, perfect, absolute and indefeasible estate of inheritance, in law, in fee simple; and has good right, full power and lawful authority to grant, bargain, sell and convey the same in manner and form as aforesaid; and that the same are free and clear from all former and other grants, bargains, sales, liens, taxes, assessments, encumbrances and restrictions of whatever kind or nature soever, except and subject to: See Attached Exhibit A And the Grantor shall and will WARRANT AND FOREVER DEFEND the above described premises, but not any adjoining vac ed street or alley, if any, in the quiet and peaceable possession of the Grantee and the heirs and assigns of the Grantee, a i st all and every pf rson or persons claiming the whole or any part thereof. IN,AV NESS WHERE qE',Grantor has executed this deed �onthe date set forth above. Michael Keenan / Nola Kc RECEPTION#: 568057, 03/30/2010 at 12:03:59 PM, State of Nevada ) 1 OF 2, R $11.00 DF $84.00 Doc Code WD Janice K. Vos Caudill, Pitkin County, CO ss. County of Clark ) The foregoing instrument was acknowledged before me this �� day of March, 2010, by Michael Keenan and Nola Keenan W ess my/ . han �!1 1 I r MICHAEL EiEPtts�t ati r l" !' A� NOTARY PU=.. ftMQFNE%OZA NgLW bliclI Oa/aAppolydt� W EW 11A1A1 co issl expires: 1 1! J� Z CWW1cobMoe994761iA steviart title Order Number: 925178—C2 ✓1���v t.iC.aF'%V' No. 932A. Rev 10-05. Warranty Deed (For Photographic Record) =Air Page 1 of I • 0 EXHIBIT A EXCEPTIONS 1. Distribution utility easements (including cable TV). 2. Those specifically described rights of third parties not shown by the public records of which Buyer has actual knowledge and which were accepted by Buyer in accordance with paragraph 8b of contract Form No. CBS 1-9-99 [Matters Not Shown by the Public Records]. 3. Inclusion of the Property within any special taxing district. 4. The benefits and burdens of any declaration and party wall agreements, if any. 5. Unpatented mining claims; reservations or exceptions in patents, or an act authorizing the issuance thereof water rights, claims or title to water. 6. Taxes for the year 2010 and subsequent years not yet due and payable. 7. Any and all unpaid taxes and assessments and unredeemed tax sales. 8. The effect of inclusions in any general or specific water conservancy, fire protection, soil conservation or other district or inclusion in any water service or street improvement area 9. Exceptions and reservations as set forth in the Act authorizing the issuance of the Patent for the City and Townsite of Aspen recorded March 1, 1897 in Book 139 at Page 216 as Reception No. 60156. 10. Agreement between the City of Aspen and Aspen Properties Company recorded December 5, 1968 in Book 237 at Page 914. 11. Condominium Declaration for Aspen Square Condominium recorded December 20, 1968 in Book 238 at Page 249 as Reception No. 133471. 12. Easements, rights of way and other matters as shown and contained on Condominium Plat of Aspen Square Condominiums recorded December 20, 1968 in Plat Book 3 at Page 365 as Reception No. 133472. 13. Grant of Easement to Comcast of Colorado/Florida Inc. recorded July 19, 2009 as Reception No. 560079. Order Number: 9251 78--C2 Warranty Deed -Exhibit 1 (Exoeptiom) Page 1 of 1 0 E �b c V) STATEMENT OF AUTHORITY (38-30-172, C.R.S.) 1. This Statement of Authority relates to an entity named Jona Holdings Inc And is executed on behalf of the entity pursuant to the provisionsof Section 38-30-172, C.R.S. 2. ( vt•,��W�G,�t� The type of entity is a: I.Q� L54c . �J I K V-e 5 TW-Cu cg uc{I -i y D 3. The mailing address for the entity is: �il �e tr �✓ 4. The entity is formed under the laws of: V1O 5. The name of the person(s) authorized to execute instruments conveying, encumbering, or otherwise affecting title to real property on behalf of the entity is: e Sgwi L o,--e 6. The authority of the foregoing person(s) to bind the entity is Not limited OR ❑ Limited as follows: 7. Other matters concerning the manner in which the entity deals with interest in real property: Dated this Z day of March, 2010 RECEPTION#: 568058, 03/30/2010 at 12:04:00 PM, Jona Holdings Inc 1 OF i, R $6.00 DF $0.00 Doc Code AUTH Janice K. Vos Caudill, Pitkin County, CO By: Q State of ss. County of On �c �1day of March, 2010, before me, the undersigned, personally appeared as 'AreA i � t of Jona Holdings Inc Witness my hand and official seal. '—j DRUCLLA DORN NOTARY PUBLIC - -- STATE OF COLORPQO lic ^— nks& Exoires 04I2V2011 My commission expires: Order Nwnber: 925378--C2 Statement of Authority — Buyer Paepcke ASPEN, COLORADO b o� Park F Moir Sf 8reeke�5` Ma�S m °Aspen Herron Qg Park IFNAve F NoPkins Ave 2 q�e u h � � c %l co Wagner r c Q Q Park h 11 ` !ey � F C'0 !2 c D i)e"- (D I S' C"O)0er co A ASPEN SQUARE ✓i /�\ CONDOMINIUMS 1J Li f �i i ASPEN, COLORADO CITY MAP 1 WORK_ OR CONFERENCE ROOM OUTEXIT —EX 78�A RT0 STAIDRO FIRST LEVEL FIRST LEVEL OUTDOOR ' �— UNIT #136 ELEVATOR TO UNIT #125 W FIRSSTAIT LEVEL OUTDOOR CORRIDOR OUTDOOR CORRIDOR ' OUTDOOR CORRIDOR OUTDOOR CORRIDOR OUTDOOR CORRIDOR 3J W cn I UNIT#133 UNIT #132 UNIT#129 UNIT#128 I d UNIT#135 UNIT#134 UNIT#131 UNIT#130 UNIT#127 I UNIT#126 I I `n I I � I SIDEWALK EAST DURRANT STREET ASPEN SQUARE CONDOMINIUM SOUTH WING THIRD STORY FLOOR PLAN ASPEN SQUARE CONDOMINIUMS LOVE REMODEL:: UNIT #125 & #126 E:m Aspen, Colorado 81611 A R C H I T E C T -5 VICINITY MAP 119 SOUTH SPRING STREET ASPEN, COLORADO 81611 DATE OF ISSUE:7/29/10 (Ph) 970/925-2100 (Fax) 970/925.2259 TIME: 3:10 PM stryier A R C H I T E C T S July 29, 2010 City of Aspen Community Development Department 130 South Galena Street Aspen Colorado, 81611 Dear Jennifer Phelan, Re: Land Use Application Submittal Information (#9) Merging Aspen Sq. Condos Unit #125 & #126 The Love Remodel (see attached sheet 01 for vicinity map) is an alteration project in a Commercial Lodge Zone whereby two units, #125 &126 at the Aspen Square Condominiums, are to be combined and remodeled. This project is exempt from growth management review and mitigation because the net livable space is below 1,500 square feet and there are no additional bedrooms, bathrooms or "residential' conditions added to the combined unit. According to a Commercial Lodge Zone, if a unit size is of 1,500 square feet or larger it is subject to growth management review. With the units combined, the net livable space currently is 1,494 square feet and the proposed net livable space (see attached sheet 04 & 05) is 1,494 square feet. There is no additional square footage added and the total net livable space is below 1, 500 square feet. Therefore, the project is exempt from growth management review. In addition, there are no additional bedrooms, bathrooms or "residential" conditions added to the current unit total count. This also exempts the project from growth management review. As shown in the Existing/Demolition Floor Plan (see attached sheet 02), there are a total of 3 bedrooms and 3 bathrooms. If you refer to the Proposed Floor Plan (see attached sheet 03), there are 3 bedrooms and 3 bathrooms designed for the remodel. Furthermore, we are not adding parking spaces or outside storage. Overall, we are not adding to the current "residential' conditions wherein unit #125 & 126 reside. The Love Remodel is clearly exempt from growth management review and mitigation. Mainly, the net livable space is below the 1,500 square feet limitation and there are no additional "residential" conditions added to the project. Refer to the attached documents to support this exemption. Sincerely, Sarah De Stefano Stryker Brown Architects 1 19 SOUTH SPRING STREET A S P E N,C O L O R A D O 8161 1 970.925.2100 925.2258 (FAX) • Paepcke ASPEN, COLORADO Park -_`E EBlee 5` ) r� \. �� Rec �� / r1Ag� Herron E Park o° Krn9sr �oPkr C. ngAve 2 (� y s, COaWe''Ave Wagner g p r c EL Park T 0 6 % ty CO EC 82 we I � v`J °oAer ©Y y' n E bar COOPOr Ave Sr v, ASPEN SQUARE CONDOMINIUMS ASPEN, COLORADO CITY MAP 1 LI I WORK OUTDOOR —EXIT STAIR TO CONFERENCE ROOM OUTDOOR EXIT STAIR TO FIRST LEVEL FIRST LEVEL OUTDOOR I � UNIT #136 ELEVATOR FRST O I UNIT#125 W OUTDOOR CORRIDOR OUTDOOR CORRIDOR OUTDOOR CORRIDOR OUTDOOR CORRIDOR I OUTDOOR CORRIDOR _I J 9 c w Z I I � UNIT#133 UNIT#132 71NIT.131 UNIT#129 UNIT#128 I ( 0- UNIT#135 UNIT #134 UNIT#130 UNIT#127 I UNIT8126 I I I U) 11 —91 I ( J SIDEWALK EAST DURRANT STREET N ASPEN SQUARE CONDOMINIUM SOUTH WING THIRD STORY FLOOR PLAN ASPEN SQUARE CONDOMINIUMS LOVE REMODEL:: UNIT #125 & #126 Ey :erI I Aspen, Colorado 81611 ARCHITECTS VICINITY MAP 119 SOUTH SPRING STREET O� ASPEN, COLORADO 91611 DATE OF ISSUE: 7/ 30/ 10 (Ph) 9701925-2100 (Fax) 970i925-2259 TIME: 9:27 AM 0 0 cm . 93e !q. NPRO'T.+ee•,,e1 2 4 B X-ON TO TuaNnla! ENWATKM ISEFh+Stl I ENTRY ' EXTERIOR RTO E LIVING BALCONY 1001"F'OR— E D[.,OL 10 ".1MPP. TOQ!KITCHEN IEIwVOD. NING PEIElnTOAEANH II — — — — — — — — — — — — — — — — — — — — — 11 II II .I.F.NO sraucruw POSTS IN BE OEMOLUHE.. aEMGVE EusTmp INTEaKM STONE VENEE i9 n —E - - - - 11 11 II _ _ _ _ II II II II 11 II 11 II II II II DEDRM II II 11 ©FORM II II II II B II II r II II II II I __ I I � II II II II YOGIYEASEEGMO NEATEq TO nCNYOGlTE -- U"A�'., AT LONTAED THIS CEK1M tt1 E AEMDVEO e I I aEuaeo n EewLocnTXry 11 KITCHEN I ,11 IEEE n+WI 1I 11 B A II 11 II 11 11 11 I I ^� Twx waT ro aEN 11TORII II II II up TIT row I1 II LIVING 11 FLUE.-E IDEMOEusTINGUTCHENi II 11 I F"P 1-21 LINEII I I 11 1 I NaE IPUCro REµyNq I DEMOLITION FLOOR PLAN LEGEND: II DINING II I p(E)WALL TO REMAIN 11 II aENOYE EXLTnaq FP 11 1(NTERIM 9TONE rENEEa I I 1 1 I IM(E) EXTERIOR VENEER WALL (TO REMAIN) � (E) WALL TO BE REMOVED BALCONY I—T—iE)SIDEWALLAC DIFFUSER 1 ---(E) SIDEWALL AC RETURN ®(E) BASEBOARD HEATER TO REMAIN OTHERWISE DEMOLISH EXISTING BASEBOARDS 5 (E) DESIGNATES EXISTING EXISTING/DEMOLITION FLOOR PLAN SCALE: 3/32" = 11-011 ASPEN SQUARE CONDOMINIUMS LOVE REMODEL:: UNIT #125 & #126 s t r y k e r I I Aspen, Colorado 81611 A R C H I T E C T. EXISTING/DEMOLITION FLOOR PLAN 119 SOUTH SPRING STREET � ASPEN, COLORADO 01 61 1 DATE OF ISSUE:7/30/10 ■` (PN) 97G92S2100 (F-) 97GM2l-225B TIME: 10:06 AM 0 2 4 6 IE dLEi WASTE" TURE SEE RUMBING RAN) ET lruR p A Vl MED W/-1l I" V FOR ACUR13UCT M EALCCNV cr MFI AMMOR —TER WRM SENIOR EXTERIOR NwSiER 1p COORIDOR FRAME 4 w6UUTE . IS—EwW F ITON nrCN M. (�10,]F NEw Del x,lo NDR wl wdD rs. M �eawp p NEw ...I�� wily:' Noma m■■��3r■■\ G ■31ia■■=a I� :1■■■M A Ijj1. 1 I 9EE nuErewp n,wl -E. - ROET! TO AEOVE M W _TETINft CONDITION CiFLUE — PROPOSED FLOOR PLAN LEGEND: O (E) WALL TO REMAIN �(E) EXTERIOR VENEER WALL TO REMAIN =NEW WALL EMNEW VENEER WALL T NEW SIDEWALL AC DIFFUSER T NEW SIDEWALL AC RETURN NOTE: 1. VIF NEW SIDEWALLAC DIFFUCER 8 RETURN AIR LOCATIONS 8 DUCTWORK REQUIRED, TYP 2. BASEBOARD HEATERS LOCATED ON PLUMBING PLAN 3. (E) DESIGNATES EXISTING 5 4. RELOCATE EXISTING WALL MOUNT UNIT NUMBER SIGNS PER ASPEN SQUARE MANAGEMENT 5. SEE AA02 FORA/C IL' PROPOSED FLOOR PLM SCALE: 3/32" = V-0" ASPEN SQUARE CONDOMINIUMS LOVE REMODEL:: UNIT #125 & #126 S t r y k e r Aspen, Colorado 81611 A R C H I T E C T S PROPOSED FLOOR PLAN 119 SOUTH SPRING STREET ASPEN, COLORADO 81 61 1 DATE OF ISSUE:7/30/10 �'^ J (PN)970/925-2100 (F-)970WS-2258 TIME: 10:06 AM N 1,669 GROSS SQ. FT SCALE: 3/32" = V-0" ASPEN SQUARE CONDOMINIUMS LOVE REMODEL:: UNIT #125 & #126 Stryker Aspen, Colorado 81611 A R C N I T--E C T. GROSS SQ. FOOTAGE CALL. 119 SOUTH SPRING STREET �'� ASPEN, COLORADO 8 1 6 1 1 DATE OF ISSUE: 7/30/10 (Ph)970A25-2100 (Fec)97M25-2258 TIME: 10:06 AM 0 0 N 1,494 SQ. FT. INTERIOR USABLE SPACE SCALE: 3/32" = 1'-0" ASPEN SQUARE CONDOMINIUMS f} L y k Q 1 1 Stryker LOVE REMODEL:: UNIT #125 & #126 Aspen, Colorado 81611 A R C H I T—E C T 5 NET SQ. FOOTAGE CALL. 119 SOUTH SPRING STREET ASPEN, COLORADO 81 61 1 DATE OF ISSUE: 7 / 30 / 10 GI JC (Ph) 9T0/926 2100 (Fe:) 9T0i925-2258 TIME: 10:06 AM • 0 LJA5FEN 50(JAKE Condominium Hotel in Downtown Aspen August 23, 2010 Drew Alexander City of Aspen Planning Department 130 S. Galena Street, 3rd Floor Aspen, CO 81611 RECEIVEV AUG 2 3 2010 CITY OF ASPEN COMMUNITY DEVELOPMENT Affidavit: I have been the General Manager of Aspen Square Condominium Hotel continuously from 1993 until now. To the best of my knowledge, condominiums #125 & #126 have never been occupied by an employee from the time the building was first occupied to the present date. Aspen Square operates an active short-term rental program and to my knowledge both condominiums have been included in our nightly rental business since the building was first opened. They have never seen employee occupancy. T nk you, C. I/ - Warren Klug General Manager COUNTY OF PITKIN STATE OF COLORADO The foregoing instrument was acknowledged before me this 41h day of November, 2009. The undersigned officer personally appeared: Warren Klug who acknowledged himself to be the General Manager of Aspen Square Condominium Association, a corporation, confirming that he is authorized to execute the foregoing instrument for the purposes therein contained. WITNESS my hand and official seal / JGtf.C'�/�� ' ►�-�/� ' My Commission Expires: / I- / _� — 2-v!/ . Notary Public( SPRY &kRBARA h403TY 617 East Cooper Avenue • Aspen, Colorado 81611 . 970-925-1000 • FAX 970- j�BRO E-Mail: info@aspensquarehotel.com On the Web: www.aspensquarehotel.co �rF �...... p 1-800-TO ASPEN (1-800-862-7736) �)F • /JA5FEN 5QqAKE Condominium Hotel in Downtown Aspen August 20, 2010 Drew Alexander City of Aspen Planning Department 130 S. Galena Street, 3rd Floor Aspen, CO 81611 RE: Aspen Square condominiums #125 and #126 • RECEIVED Ally, 2 3 2010 CITY OF ASPEN CpMMSTY pEVEI OPMENT This letter will confirm approval granted by the Aspen Square Condominium Association for the renovation and combination of Aspen Square condominiums #125 and #126 according to plans developed and submitted by the Stryker Brown architectural firm here in Aspen. At the April Association Board Meeting, our Board of Directors was presented with the request for approval of the combining of these two condominiums, and resultant renovation. Conditions were placed on the approval granted, including review of the final plans as prepared by Stryker Brown and approval from a registered engineer. These conditions have been met and we have documentation in hand as required. So, as of this date, approval is confirmed. The Aspen Square Condominium Association has approved the project as planned and as outlined. We understand the city approval process is underway, and it is everyone's intent that construction will start in September coming up with completion by Christmas. The new apartment will remain in Aspen Square's short term rental program. We will be happy to address any remaining questions. Thank you, WL_ i-_ �<,5 Warren E. Klug General Manager 617 East Cooper Avenue • Aspen, Colorado 81611 . 970-925-1000 . FAX 970-925-1017 E-Mail: info@aspensquarehotel.com On the Web: www.aspensquarehotel.com 1-800-TO ASPEN (1-800-862-7736) ;EJA5FEN 5QqAKE Condominium Hotel in Downtown Aspen MEMO TO- City of Aspen File FROM: Warren Klug August 23, 2010 To the best of my knowledge, condominiums #125 & #126 have never been occupied by an employee from the time the building was first occupied to the present date. I have provided an affidavit to the City of Aspen confirming this information. We have been asked to provide back-up to confirm this information. We have owner rental statements back to 1995 readily available, and a year-end summary is enclosed for each of the two units, #125 and #126, from 1995. These show the rental activity for each unit for the year. With these rental summaries, there is no indication of long term employee occupancy, and with active rental there was no significant stretch of time that either unit would have been available for long term employee occupancy. Records from before 1995 are not readily available. It is clear from the record and from the history of Aspen Square that it has always been operated as a short-term rental property. These units would never have been used for long term employee housing in any way. Year end rental statement summaries on both units are attached for the dates noted. V"'_ C • l �_ Warren E. Klug General Manager 617 East Cooper Avenue . Aspen, Colorado 81611 . 970-925-1000 . FAX 970-925-1017 E-Mail: info@aspensquarehotel.com On the Web: www.aspensquarehotel.com 1-800-TO ASPEN (1-800-862-7736) 0 i ASPEN SQUARE CONDOMINIUM HOTEL 617 EAST COOPER AVENUE RECEIVED ASPEN CO 81611 (970)925-1000 AUG 2 3 2010 CITY OF ASt-r-N August 23, 2010 COMMUNITY DEVELOPMENT JANI WOHLGEMUTH ASPEN SQUARE UNIT #126 1040 AVONOAK TERRACE GLENDALE CA 91206 FOR December 1, 2009 TO December 31, 2009 INCOME EXPENSES INCOME: Short Term Rental Revenue 1194.00 Tenant: GONZALEZ 12/05-12/12 Guest Of Owner 0.00 Guest : SHAY 12/13-12/19 Short Term Rental Revenue 6510.00 Tenant: RADLEY 12/26-01/01 EXPENSES: 12/31/09 Cable & HBO expense 60.57 12/31/09 5% Fund Commission 385.20 12/31/09 Travel Agent/CC Commissions 786.54 12/31/09 % Housekeeping & Laundry Serv. 748.67 12/17/09 Wine for Shay 24.00 12/29/09 Carpet Cleaning 100.00 SUB -TOTAL 7704.00 2104.98 TOTAL 5599.02 SUMMARY: YEAR-TO-DATE CURRENT PERIOD BEGINNING BALANCE 28838.74 RENTAL REVENUE 76228.78 7704.00 5% FUND COMMISSION 3811.44 385.20 HOUSEKEEPING & LAUNDRY SERVICE 7965.15 848.67 TRAVEL AGENT & CC COMMISSIONS 7406.66 786.54 CABLE AND HBO EXPENSE 713.28 60.57 REPAIRS & REFURBISHMENTS 2184.37 0.00 ASSOCIATION ASSESSMENTS 29484.00 0.00 TELEPHONE 0.00 0.00 STAYS IN OTHER UNITS 0.00 0.00 MISCELLANEOUS EXPENSES 24.00 24.00 PAYMENTS FROM OWNER 0.00 0.00 PAYMENTS TO OWNER 27228.79 0.00 ENDING BALANCE 23239.72 Ending Balance is the amount owed to Aspen Square, consequently no check was issued. THANK YOU. 0 46 ASPEN SQUARE CONDOMINIUM HOTEL 617 EAST COOPER AVENUE ASPEN CO 81611 (970)925-1000 August 23, 2010 PAGE 2 JANI WOHLGEMUTH ASPEN SQUARE UNIT 4126 1040 AVONOAK TERRACE GLENDALE CA 91206 FOR December 1, 2009 TO December 31, 2009 INCOME EXPENSES OCCUPANCY NIGHTS: Reg Owner O/Guest Comp Other Total Occ % THIS PERIOD 13 0 6 0 0 19 61.3 YEAR-TO-DATE 147 4 12 0 0 163 44.7 • • ASPEN SQUARE CONDOMINIUM HOTEL 617 EAST COOPER AVENUE ASPEN CO 81611 (970) 925-1000 August 23, 2010 JANI WOHLGEMUTH ASPEN SQUARE UNIT #126 1040 AVONOAK TERRACE GLENDALE CA 91206 FOR December 1, 2008 TO December 31, 2008 INCOME EXPENSES INCOME: Pooled Revenue for Dec. 2008 12084.00 Guest Of Owner 0.00 Guest : STEPHAN 12/03-12/17 EXPENSES: 12/31/08 Cable & HBO expense 48.19 12/31/08 5% Fund Commission 676.70 12/31/08 Travel Agent/CC Commissions 1531.04 12/31/08 % Housekeeping & Laundry Serv. 1085.14 12/17/08 Owner's Housekeeping Service 88.00 SUB -TOTAL 12084.00 3429.07 TOTAL 8654.93 SUMMARY: YEAR-TO-DATE CURRENT PERIOD BEGINNING BALANCE 29305.74 RENTAL REVENUE 101070.00 12084.00 5% FUND COMMISSION 5117.36 676.70 HOUSEKEEPING & LAUNDRY SERVICE 9897.86 1173.14 TRAVEL AGENT & CC COMMISSIONS 9544.03 1531.04 CABLE AND HBO EXPENSE 578.28 48.19 REPAIRS & REFURBISHMENTS 141.17 0.00 ASSOCIATION ASSESSMENTS 29483.00 0.00 TELEPHONE 0.00 0.00 STAYS IN OTHER UNITS 0.00 0.00 MISCELLANEOUS EXPENSES 0.00 0.00 PAYMENTS FROM OWNER 0.00 0.00 PAYMENTS TO OWNER 49607.44 0.00 ENDING BALANCE 20650.81 Ending Balance is the amount owed to Aspen Square, consequently no check was issued. THANK YOU. OCCUPANCY NIGHTS: Reg Owner O/Guest Comp Other Total Occ THIS PERIOD 0 0 14 0 0 14 45.2 YEAR-TO-DATE 167 8 19 0 0 194 53.0 0 0 ASPEN SQUARE CONDOMINIUM HOTEL 617 EAST COOPER AVENUE ASPEN CO 81611 (970)925-1000 August 23, 2010 JANI WOHLGEMUTH ASPEN SQUARE UNIT 4126 1040 AVONOAK TERRACE GLENDALE CA 91206 FOR December 1, 2007 TO December 31, 2007 INCOME EXPENSES INCOME: Guest Of Owner 0.00 Guest : DAY 12/01-12/06 Short Term Rental Revenue 975.00 Tenant: WOHLGEMUTH 12/06-12/09 Guest Of Owner 0.00 Guest : URBAN 12/09-12/13 Short Term Rental Revenue 1789.00 Tenant: PFISTER 12/20-12/22 Short Term Rental Revenue 9940.00 Tenant: SILVER 12/22-01/01 EXPENSES: 12/31/07 Cable & HBO expense 48.19 12/31/07 5% Fund Commission 635.20 12/31/07 Travel Agent/CC Commissions 1309.78 12/31/07 % Housekeeping & Laundry Serv. 1016.32 12/31/07 folio #146747 (see attached) 5.12 12/31/07 Owner's Housekeeping Service 132.15 SUB -TOTAL 12704.00 3146.76 TOTAL 9557.24 0 0 ASPEN SQUARE CONDOMINIUM HOTEL 617 EAST COOPER AVENUE ASPEN CO 81611 (970) 925-1000 August 23, 2010 JANI WOHLGEMUTH 1040 AVONOAK TERRACE GLENDALE CA 91206 SUMMARY: BEGINNING BALANCE RENTAL REVENUE 5% FUND COMMISSION HOUSEKEEPING & LAUNDRY SERVICE TRAVEL AGENT & CC COMMISSIONS CABLE AND HBO EXPENSE REPAIRS & REFURBISHMENTS ASSOCIATION ASSESSMENTS TELEPHONE STAYS IN OTHER UNITS MISCELLANEOUS EXPENSES PAYMENTS FROM OWNER PAYMENTS TO OWNER ENDING BALANCE PAGE 2 ASPEN SQUARE UNIT #126 FOR December 1, 2007 TO December 31, 2007 INCOME EXPENSES YEAR-TO-DATE CURRENT PERIOD 26908.91 84206.55 12704.00 4210.33 635.20 7987.73 1148.47 8624.19 1309.78 578.28 48.19 595.65 0.00 27860.00 0.00 0.00 0.00 0.00 0.00 52.51 5.12 0.00 0.00 36874.81 0.00 Ending Balance is the amount owed to Aspen Square, consequently no check was issued. THANK YOU. 17351.67 OCCUPANCY NIGHTS: Reg Owner O/Guest Comp Other Total Occ % THIS PERIOD 15 0 9 0 0 24 77.4 YEAR-TO-DATE 176 8 24 0 0 208 57.0 0 9 ASPEN SQUARE CONDOMINIUM HOTEL 617 EAST COOPER AVENUE ASPEN CO 81611 (970)925-1000 August 23, 2010 JANI WOHLGEMUTH ASPEN SQUARE UNIT #126 1040 AVONOAK TERRACE GLENDALE CA 91206 FOR December 1, 2006 TO December 31, 2006 INCOME EXPENSES INCOME: UNTAXED STAY 0.00 Owner : WOHLGEMUTH 11/22-12/02 Guest Of Owner 0.00 Guest : MARSH 12/02-12/07 Short Term Rental Revenue 885.00 Tenant: WOHLGEMUTH 12/07-12/10 Guest Of Owner 0.00 Guest : URBAN 12/10-12/15 Short Term Rental Revenue 7770.00 Tenant: LESLIE 12/16-12/26 Short Term Rental Revenue 5130.00 Tenant: RADLEY 12/26-01/01 EXPENSES: 12/31/06 Cable & HBO expense 48.19 12/31/06 5% Fund Commission 689.25 12/31/06 Travel Agent/CC Commissions 1240.65 12/31/06 % Housekeeping & Laundry Serv. 951.17 12/31/06 Owner's Housekeeping Service 73.65 SUB -TOTAL 13785.00 3002.91 TOTAL 10782.09 0 ASPEN SQUARE CONDOMINIUM HOTEL 617 EAST COOPER AVENUE ASPEN CO 81611 (970)925-1000 August 23, 2010 JANI WOHLGEMUTH 1040 AVONOAK TERRACE GLENDALE CA 91206 SUMMARY: BEGINNING BALANCE RENTAL REVENUE 5% FUND COMMISSION HOUSEKEEPING & LAUNDRY SERVICE TRAVEL AGENT & CC COMMISSIONS CABLE AND HBO EXPENSE REPAIRS & REFURBISHMENTS ASSOCIATION ASSESSMENTS TELEPHONE STAYS IN OTHER UNITS MISCELLANEOUS EXPENSES PAYMENTS FROM OWNER PAYMENTS TO OWNER ENDING BALANCE PAGE 2 ASPEN SQUARE UNIT #126 FOR December 1, 2006 TO December 31, 2006 INCOME EXPENSES YEAR-TO-DATE CURRENT PERIOD 25556.81 85477.36 13785.00 4273.87 689.25 7512.08 1024.82 8009.08 1240.65 578.28 48.19 927.17 0.00 26302.00 0.00 0.00 0.00 0.00 0.00 18.43 0.00 0.00 0.00 33692.03 0.00 Ending Balance is the amount owed to Aspen Square, consequently no check was issued. THANK YOU. 14774.72 OCCUPANCY NIGHTS: Reg Owner O/Guest Comp Other Total Occ % THIS PERIOD 19 1 10 0 0 30 96.8 YEAR-TO-DATE 206 11 10 0 0 227 62.2 0 • ASPEN SQUARE CONDOMINIUM HOTEL 617 EAST COOPER AVENUE ASPEN CO 81611 (970)925-1000 August 23, 2010 JANI WOHLGEMUTH ASPEN SQUARE UNIT 4126 1040 AVONOAK TERRACE GLENDALE CA 91206 FOR December 1, 2005 TO December 31, 2005 INCOME EXPENSES INCOME: UNTAXED STAY 0.00 Owner : WOHLGEMUTH 12/01-12/03 Guest Of Owner 0.00 Guest : MARSH 12/03-12/08 Short Term Rental Revenue 807.00 Tenant: POINDEXTER 12/08-12/11 Guest Of Owner 0.00 Guest : DAY 12/11-12/15 Short Term Rental Revenue 5913.90 Tenant: STAROW 12/21-12/30 Short Term Rental Revenue 1478.00 Tenant: CHAMBERS 12/30-01/01 EXPENSES: 12/31/05 Cable & HBO expense 48.19 12/31/05 5% Fund Commission 409.95 12/31/05 Travel Agent/CC Commissions 834.76 12/31/05 % Housekeeping & Laundry Serv. 700.93 12/03/05 RESERVATION #128136 23.31 Phone charges 12/08/05 RESERVATION 4128137 12.50 Dry cleaning 12/30/05 A.I.D. #5211 411.84 Install new heat lamp 12/31/05 Owner's Housekeeping Service 71.50 SUB -TOTAL 8198.90 2512.98 TOTAL 5685.92 0 0 ASPEN SQUARE CONDOMINIUM HOTEL 617 EAST COOPER AVENUE ASPEN CO 81611 (970)925-1000 August 23, 2010 PAGE 2 JANI WOHLGEMUTH ASPEN SQUARE UNIT #126 1040 AVONOAK TERRACE GLENDALE CA 91206 FOR December 1, 2005 TO December 31, 2005 INCOME EXPENSES SUMMARY: YEAR-TO-DATE CURRENT PERIOD BEGINNING BALANCE 24625.06 RENTAL REVENUE 70596.29 8198.90 5% FUND COMMISSION 3529.83 409.95 HOUSEKEEPING & LAUNDRY SERVICE 6614.24 772.43 TRAVEL AGENT & CC COMMISSIONS 6251.53 834.76 CABLE AND HBO EXPENSE 578.28 48.19 REPAIRS & REFURBISHMENTS 2208.40 411.84 ASSOCIATION ASSESSMENTS 24595.00 0.00 TELEPHONE 0.00 0.00 STAYS IN OTHER UNITS 0.00 0.00 MISCELLANEOUS EXPENSES 114.41 35.81 PAYMENTS FROM OWNER 0.00 0.00 PAYMENTS TO OWNER 28969.84 0.00 ENDING BALANCE 18939.14 Ending Balance is the amount owed to Aspen Square, consequently no check was issued. THANK YOU. OCCUPANCY NIGHTS: Reg Owner O/Guest Comp Other Total Occ THIS PERIOD 14 2 9 0 0 25 80.6 YEAR-TO-DATE 194 13 17 0 0 224 61.4 • ASPEN SQUARE CONDOMINIUM HOTEL 617 EAST COOPER AVENUE ASPEN CO 81611 (970)925-1000 August 23, 2010 JANI WOHLGEMUTH ASPEN SQUARE UNIT #126 1040 AVONOAK TERRACE GLENDALE CA 91206 FOR December 1, 2004 TO December 31, 2004 INCOME: UNTAXED STAY Guest : KEARNS 12/01-12/02 Short Term Rental Revenue Tenant: WOHLGEMUTH 12/02-12/05 UNTAXED STAY Owner : WOHLGEMUTH 12/05-12/12 Guest Of Owner Guest : URBAN 12/12-12/17 Short Term Rental Revenue Tenant: COSSOFF 12/19-12/22 Short Term Rental Revenue Tenant: GOLDBLATT 12/23-12/30 Short Term Rental Revenue Tenant: BURGE 12/30-01/01 EXPENSES: 12/31/04 Cable & HBO expense 12/31/04 5% Fund Commission 12/31/04 Travel Agent/CC Commissions 12/31/04 % Housekeeping & Laundry Serv. 12/02/04 AMERICAN HOTEL REGISTER Two grab bars 12/05/04 RESERVATION #120720 Dry cleaning 12/12/04 RESERVATION #120719 Phone charges 12/31/04 REG MOORE Amp/computer cable/TV cable 12/31/04 Owner's Housekeeping Service SUB -TOTAL TOTAL repair INCOME EXPENSES 825.00 777.00 5033.00 1390.00 MIKITI, on N We 48.19 401.25 705.13 598.42 39.46 17.50 45.75 360.00 71.50 8025.00 2287.20 5737.80 ASPEN SQUARE CONDOMINIUM HOTEL 617 EAST COOPER AVENUE ASPEN CO 81611 (970)925-1000 August 23, 2010 JANI WOHLGEMUTH 1040 AVONOAK TERRACE GLENDALE CA 91206 SUMMARY: BEGINNING BALANCE RENTAL REVENUE 5% FUND COMMISSION HOUSEKEEPING & LAUNDRY SERVICE TRAVEL AGENT & CC COMMISSIONS CABLE AND HBO EXPENSE REPAIRS & REFURBISHMENTS ASSOCIATION ASSESSMENTS TELEPHONE STAYS IN OTHER UNITS MISCELLANEOUS EXPENSES PAYMENTS FROM OWNER PAYMENTS TO OWNER PAGE 2 ASPEN SQUARE UNIT #126 FOR December 1, 2004 TO December 31, 2004 INCOME EXPENSES YEAR-TO-DATE 64096.91 3204.85 6939.40 5490.30 568.64 1613.38 23827.00 0.00 0.00 71.75 0.00 23342.45 ENDING BALANCE Ending Balance is the amount owed to Aspen Square, consequently no check was issued. THANK YOU. CURRENT PERIOD 8025.00 22411.70 401.25 669.92 705.13 48.19 399.46 0.00 0.00 0.00 63.25 0.00 0.00 16673.90 OCCUPANCY NIGHTS: Reg Owner O/Guest Comp Other Total Occ % THIS PERIOD 15 7 6 0 0 28 90.3 YEAR-TO-DATE 183 14 20 0 0 217 59.3 ASPEN SQUARE CONDOMINIUM HOTEL 617 EAST COOPER AVENUE ASPEN CO 81611 (970)925-1000 August 23, 2010 JANI WOHLGEMUTH ASPEN SQUARE UNIT #126 1040 AVONOAK TERRACE GLENDALE CA 91206 FOR December 1, 2003 TO December 31, 2003 INCOME EXPENSES INCOME: Short Term Rental Revenue 807.00 Tenant: WOHLGEMUTH 12/04-12/07 UNTAXED STAY 0.00 Owner : WOHLGEMUTH 12/07-12/14 Short Term Rental Revenue 720.00 Tenant: SCHROEDER 12/17-12/20 Short Term Rental Revenue 4893.00 Tenant: MOODY IV 12/22-12/29 Short Term Rental Revenue 2085.00 Tenant: CABOT 12/29-01/01 EXPENSES: 12/31/03 % Housekeeping & Laundry Serv. 399.28 12/31/03 Travel Agent/CC Commissions 721.35 12/31/03 5% Fund Commission 425.25 12/31/03 Cable & HBO expense 38.55 12/14/03 RESERVATION #108014 1.25 Fax charges 12/31/03 Owner's Housekeeping Service 46.25 SUB -TOTAL 8505.00 1631.93 TOTAL 6873.07 ASPEN SQUARE CONDOMINIUM HOTEL 617 EAST COOPER AVENUE ASPEN CO 81611 (970)925-1000 August 23, 2010 JANI WOHLGEMUTH 1040 AVONOAK TERRACE GLENDALE CA 91206 BEGINNING BALANCE RENTAL REVENUE 5% FUND COMMISSION HOUSEKEEPING & LAUNDRY SERVICE TRAVEL AGENT & CC COMMISSIONS CABLE AND HBO EXPENSE REPAIRS & REFURBISHMENTS ASSOCIATION ASSESSMENTS TELEPHONE STAYS IN OTHER UNITS MISCELLANEOUS EXPENSES PAYMENTS FROM OWNER PAYMENTS TO OWNER ENDING BALANCE PAGE 2 ASPEN SQUARE UNIT #126 FOR December 1, 2003 TO December 31, 2003 INCOME EXPENSES YEAR-TO-DATE CURRENT PERIOD 22586.11 65738.00 8505.00 3286.91 425.25 6412.69 445.53 5521.90 721.35 462.60 38.55 664.60 0.00 23169.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 0.00 0.00 25438.35 0.00 Ending Balance is the amount owed to Aspen Square, consequently no check was issued. THANK YOU. 15713.04 OCCUPANCY NIGHTS: Reg Owner O/Guest Comp Other Total Occ % THIS PERIOD 16 7 0 0 0 23 74.2 YEAR-TO-DATE 185 31 5 0 0 221 60.5 ASPEN SQUARE CONDOMINIUM 617 EAST COOPER AVENUE ASPEN CO 81611 (970)925-1000 January 7, 2003 JANI WOHLGEMUTH ASPEN SQUARE UNIT #126 1040 AVONOAK TERRACE GLENDALE CA 91206 FOR MONTH ENDING December 31, 2002 INCOME EXPENSES INCOME: UNTAXED STAY 0.00 Owner : WOHLGEMUTH 12/01-12/21 Short Term Rental Revenue 4865.00 Tenant: MOODY IV 12/21-12/28 Short Term Rental Revenue 499.00 Tenant: BAKER 12/28-12/29 Short Term Rental Revenue 2085.00 Tenant: ARIAS 12/29-01/01 EXPENSES: 12/31/02 a Housekeeping & Laundry Serv. 577.61 12/31/02 Travel Agent/CC Commissions 592.44 12/31/02 526 Fund Commission 372.45 12/31/02 Cable & HBO expense 38.55 12/01/02 RESERVATION #105377 460.32 Stay in Unit 135 12/31/02 Owner's Housekeeping Service 44.00 SUB -TOTAL 7449.00 2085.37 TOTAL 5363.63 • • ASPEN SQUARE CONDOMINIUM 617 EAST COOPER AVENUE ASPEN CO 81611 (970)925-1000 January 7, 2003 PAGE 2 JANI WOHLGEMUTH ASPEN SQUARE UNIT #126 1040 AVONOAK TERRACE GLENDALE CA 91206 FOR MONTH ENDING December 31, 2002 INCOME EXPENSES SUMMARY: YEAR-TO-DATE CURRENT PERIOD BEGINNING BALANCE 21857.37 RENTAL REVENUE 57267.00 7449.00 5% FUND COMMISSION 2863.36 372.45 HOUSEKEEPING & LAUNDRY SERVICE 5797.59 621.61 TRAVEL AGENT & CC COMMISSIONS 4424.67 592.44 CABLE AND HBO EXPENSE 462.60 38.55 REPAIRS & REFURBISHMENTS 1365.84 0.00 ASSOCIATION ASSESSMENTS 22289.00 0.00 TELEPHONE 0.00 0.00 STAYS IN OTHER UNITS 0.00 0.00 MISCELLANEOUS EXPENSES 504.72 460.32 PAYMENTS FROM OWNER 0.00 PAYMENTS TO OWNER 0.00 ENDING BALANCE 16493.74 PLEASE REMIT $ 16493.74 TO MAINTAIN YOUR ACCOUNT. THANK YOU. • • ASPEN SQUARE 617 EAST COOPER ASPEN, CO 81611 WOHLGEMUTH, JANI UNIT ## 126 1040 AVONOAK TERRACE STMT DATE: December 31, 2002 GLENDALE, CA 91206 CURRENT YTD ----------------- GUEST USE DAYS: 11 171 OWNER'S USE DAYS: 20 36 ASPEN SQUARE CONDOMINIUM 617 EAST COOPER AVENUE ASPEN CO 81611 (970)925-1000 January 9, 2002 JANI WOHLGEMUTH ASPEN SQUARE UNIT #126 1040 AVONOAK TERRACE GLENDALE CA 91206 FOR MONTH ENDING December 31, 2001 INCOME EXPENSES INCOME: UNTAXED STAY 0.00 Owner : WOHLGEMUTH 12/04-12/13 Short Term Rental Revenue 5012.00 Tenant: MOODY IV 12/20-12/28 Short Term Rental Revenue 2796.00 Tenant: TOBER 12/28-01/01 EXPENSES: 12/31/01 °s Housekeeping & Laundry Serv. 493.47 12/31/01 Travel Agent/CC Commissions 726.14 12/31/01 5% Fund Commission 390.40 12/31/01 Cable & HBO expense 38.55 12/31/01 Owner's Housekeeping Service 68.00 SUB -TOTAL 7808.00 1716.56 TOTAL 6091.44 SUMMARY: YEAR-TO-DATE CURRENT PERIOD BEGINNING BALANCE 20942.10 RENTAL REVENUE 64130.56 7808.00 501 FUND COMMISSION 3206.53 390.40 HOUSEKEEPING & LAUNDRY SERVICE 5972.24 561.47 TRAVEL AGENT & CC COMMISSIONS 5573.80 726.14 CABLE AND HBO EXPENSE 462.60 38.55 REPAIRS & REFURBISHMENTS-1970.45 0.00 ASSOCIATION ASSESSMENTS 20615.00 0.00 TELEPHONE 12.03 0.00 STAYS IN OTHER UNITS 0.00 0.00 MISCELLANEOUS EXPENSES 0.00 0.00 PAYMENTS FROM OWNER 0.00 PAYMENTS TO OWNER 0.00 ENDING BALANCE 14850.66 PLEASE REMIT $ 14850.66 TO MAINTAIN YOUR ACCOUNT. 00a-AMUN 010 WOHLGEMUTH, JANI 1040 AVONOAK TERRACE GLENDALE, CA 91206 GUEST USE DAYS: OWNER'S USE DAYS: ASPEN SQUARE 617 EAST COOPER ASPEN, CO 81611 UNIT # 126 STMT DATE: December 31, 2001 CURRENT YTD ----------------- 12 172 9 39 -- -------------'-' ------- ---- '- - -��N� ' ------'---''---- ----- ���>PEN SQUARE CONDOMINIUM ���17 EAST COOPER AVENUE ' ASPEN CO 81611 (970)925-1000 January 11. 2001 JAM! NOHLGEMUTH 1040 AVONOAK TERRACE GLENDALE CA 91206 ASPEN SQUARE UNIT #126 FOR MONTH ENDING December 31. 2000 INCOME EXPENSES INC9MF: UNKXED STAY 0.00 Owner : NOHLGEMUTH 12/05-12/06 Guest Of Owner 0.00 Guest : BEST 12/06-12/14 Short Term Rental Revenue 810'00 Tenant: FRIEND 12/16-12/19 UNTAXED STAY 0.00 Guest : BUCHANAN 12/23-01/01 EXPEpCES: 12/31/00 % Housekeecino & Laundry Serv. 54.27 12/31/00 Travel Aoent/CC Commissions 75.33 12/31,Q0 5% Fund Commissior. 40.50 12131/03 [able and HBO Exoense 35.90 12/14/00 RESERVATION #89E31 5.74 Pnstanp charoe 12/19/00 ASPEN TILE & BATH 1533.95 Balance on seacrass caroet 12/19/00 ASpEN TILE & BATH 1149.50 Salance on oranite kitchen tons 12/31/00 Owner's Housekeeoino Service 70.50. SUE-TTTAL 810.00 2965.69 TOTAL. 2155.69 ����17 EAST C�OcER AVENUE ���V (9>O)92�-1000 Jaruary 11. 2001 PAGE 2 JANI NOHLGEMUTH ASPEN SQUARE UNIT #126 1040 AVOKOAK TERRACE GLENDALE CA 11206 FOR MONTH ENDING December 31. 2000 INCOME EXPENSES SUMM4R0 YEAR-TO-DATE CURRENT PERIOD BEGINNING BALANCE 19978.67 RENTAL REVENUE 55321.02 810.0O 5% FUND COMMISSION 2766.07 40.50 HOUSEKEEPING & LAUNDRY SERVICE 6098.32 124.77 TRAVEL AGENT & CC COMMISSlOwS 4867.66 75.33 CABLE AND HEO EXP[hCE 425.8O 35.90 REPA�aS A 8EFURBISHqENTS 3670.06 2683.45 100�i'.A!I0V ASSESSMENTS 21088.00, O'OO L[FxQNE 19.22 0.00 |N OTHER UNITS 0.0O 0.00 ,-'��'��`ANEOUS EXPENSES -159.24 5.74 00`~KLoTS FROM OWNER O.00 /'''~°ENTS TO OWNER 0.00, LNDING BALANCE 22134'3E PLEAS[ REMIT $ 22134.36 TO MAINTAIN YOUR ACCOUNT. THANK YOU. WOHLGEMUTH' JAyI 1040 AVONOAK TERRACE GLEHDALE, CA 91706 GUEST USE DAYS: OWNER'S USE 0AYS: ASPEN SQUARF 617 EAST COOPER ASPEN' CO 81611 UNIT # 126 STMT DATE: December 31. 2000 CURRENT YTD ------- ---------- 3 169 18 48 n"NEN SQUARE CONDOMINIUM 497 EAST COOPER AVENUE I ASPEN CO 81611 (970)925-1000 January 10, 2000 JANI NOHLGEMUTH ASPEN SQUARE UNIT #126 P.O. BOX 9836 GLENDALE CA 91226 FOR MONTH ENDING December 31, 1999 INCOME EXPENSES INCOME: UNTAXED STAY 0.00 Owner : NOHLGEMUTH 12/01-12/02 Short Term Rental Revenue 807.00 Tenant: NOHLGEMUTH 12/02-12/05 UNTAXED STAY 0.00 Owner : NOHLGEMUTH 12/05-12/17 Short Term Rental Revenue 6550.00 Tenant: MOODY IV 12/18-12/28 Short Term Rental Revenue 2620.00 Tenant: KRAUS 12/28-01/01 Premium Rental Revenue 159.50 EXPENSES: 12/31/99 % Housekeeping & Laundry Serv. 603.21 12/31/99 Travel Agent/CC Commissions 838.07 12/31/99 5% Fund Commission 498.85 12/31/99 Cable and HBO Expense 33.00 12/O6/99 APPLIANCE KARE 66.00 Repair oven switch/cleaner 12/31/99 Owner's Housekeeping Service 65.00 SUB -TOTAL 10136.50 2104.13 TOTAL 8032.37 N SQUARE CONDOMINIUM ���7 [AST COOPER AVENUE ���� _ ASPEN CO 81611 (970)925-1000 January 10, 2000 PAGE 2 JANI NOHLGEMUTH ASPEN SQUARE UNIT 0126 P.O. ROX 9836 GLENDALE CA 91226 FOR MONTH ENDING December 31, 1999 INCOME EXPENSES SUMMARY: YEAR-TO-DATE CURRENT PERIOD BEGINNING BALANCE 19342.52 RENTAL REVENUE 65962.30 10136.50 5% FUND COMMISSION 3290.15 498.85 HOUSEKEEPING & LAUNDRY SERVICE 5838.61 668.21 TRAVEL AGENT & CC COMMISSIONS 5427.69 838.07 CABLE AND HBO EXPENSE 387.00 33.00 REPAIRS & REFURBISHMENTS 996.83 66.00 ASSUC]ATION ASSESSMENTS 18744.00 0.00 TELEPHONE 7.22 0.00 STAYS IN OTHER UNITS 0.00 0.00 MISCELLANEOUS EXPENSES 216.07 0.00 PAYMENTS FROM OWNER 0.00 PAYMENTS TO OWNER 0.00 ENDING BALANCE 11310.15 PLEASE REMIT $ 11310.15 TO MAINTAIN YOUR ACCOUNT. THANK YOU. Please note that AT&T has purchased the cable company, TCI; and AT&T will increase cable fees by 5% starting January 2000. This fee increase will appear on your next statement. �� �� 0 ASPEN SQUARE 617 EAST COOPER ASPEN, CO 81611 NOHLGEMUTH~ JPNI P.O. BOX 9836 GLENDALE. CA 91226 GUEST USE DAYS: OWNER'S USE DAYS: UNIT # 126 STMT DATE: December 31, 1999 CURRENT YTD ------- ---------- 17 200 13 48 January 12, 1999 JANl NOHLGEMUTH P.O. BOX A936 GLENDALE CA 91226 ' 4 SQUARE CONDOMINIUM ��� S�m� FAST COOPER AVENUE 0SPFN CO 81611 (970)935-1000 AEPEN SQUARE UNIT #12E FOR MONTH ENDING December 31, 1998 MCOMF EXPENSES INCUME: UNTAXED STAY 0.00 Guest : CULOTTE 12/01-12/03 Mort Term Rpotsl Revenue 777.00 Tprpnt: NOHLGEMUTH 12/02-12/06 G,est Of Owner 0.00 Guest : JEHNTNGS 12/06-12/09 Gvest Of Owner 0.00 Guest : BEET 12/09-12/17 Fl:-t Term Rentp\ Pevenoe 6250 00 `enp:t: Vr?;` TV Ex/\'cFS� 12/22-01/01 1 v.'21/yR 5v Cv:Pnn-ission 351.35 12/31/98 % Hr '�,(e�airp A Laundry ber'. 434.27 17/11/99 T',/c" »?^+'C7 camp -vs nns 4?9 38 �?/31/92 Cohlp -1 xprnsp TO 00 11/21/98 qunpr's �L/31/9P T[LT.�"`F keeping Ser`/ice [WKVHS 99.50 0.25 7 P charqr ''`�� ~�`echone 10.21 '`ess-/p- �n #73875 04B-TPrAL T[-V 702-.M 5612.04 1413.96 pS m SOUARE CPNDpMIN[UM ��� �� _ ���E�ST COOP�P AVE�|!E ���V ASPEN CO 8161! (97'K?T-|O0� January 12. l9?S JAM? NOHLGEMUrH P.U. 8?X 923'' GLEHDALE CA 51226 ASPEN SQUARE UNIT #12� FOR MONTH ENDING December 31, 1998 7MCUME EXFENSES SUMMARY: YEAR -TO -PATE CURRENT PEEFpD BEGINNING 8ALANCE 17485.31 RENTPL nE,ENUF 62252.00 7027.00 5% FUND C8"*':P�PN 3112.0) 351.35 HOUSEK[["/;� » »YNDPY SER»ICE 5 8 2 " 88 533.77 7RAVEi '"C�'- � 'C C<`V+ 5461.45 480'l8 CP 0 L F uo� 360.0( 30 CC PEoV : // F>rS 60p.28 0'O.> ASmC(, �`S 17740.00 1 O� !FLE''1 4e'72 `oM� 41Ayn j' O.00 ;'OO M17[ELL 5'10 PAvMEwTci ,,yFR O C� EN0Iy; DAiAy'[ 11972.2� Fi[0F[ REMIT $ !!o72 27 TO MAINTAIN YOUR ACCOUNT' ,HAuy YOU. 0 0 FVWLCEkUrH, OPNI P.C. BOX 9836 eLEMDALE. CA 91226 9UEST USE DAYE: OKMER'S USE DAySr PSPFN S0UApF C17 FPTT CDOPQR PFpF*, Cp 81W i/NIT N 126 STMT DAM December 31, 109P CURRENT /TE ------- ---------- 12 �83 13 66 - ' -- --- ' ASPE� CUUARF 617 [�ST CG0�ER ��HLGE�CTH. JA�I � UNIT N P.D. DoX S?MT DATO Derembsr 31, 1997 GLEYDAL[, CA ?1226 CU��E@T yTD GWERT USE DAYS: ----- - 10 -----_---- 31 WER'S USE OPYS: 19 � � , . - , ^ . ^ - ' ne uuun:� �unuum�w/um 6 AST COOPER AVF�UE . �� ' ASPEN CO E1611, � (97O>92�-1COo ]anuary 7, 1599 ]ANI NOHLGEMUTH ,.O. BOX 9836 WEND0LE CA 91226 ' ' ASPEN SQUARE UNIT #426 ' ^ FOR MONTH ENDING December 31' 10K. INCOME EXPENSES [NCOME: ' UNTAXED STAY 0.00 Guest : BEST 12/01-12/14 UNTAXED STAY 0.0O Owner : NOHLGEMUTH 12/1402/2O Short Term Rental Revenue 5950.00 , � TenanQ MOeDY IV 12/2T-01/01 ' EXPENSE0 . 12/31/97 Cable and HBO Expense 30.00 12/31/97 It Fund Commission 297.50 12/31/97 Travel Agent/CC Commissions 366.52 12/31/97 % Housekeeping & Laundry Slrv., 352.24 12/31/97 WTALL 38.5O 12/31/97 Owner's Hcusekaeping Service 23,75 12/21/97 CPEDIT'PSSOCTATIOM ASSESSMENTS TO 17491.0O BE alLLED MONTHLY CUB -TOTAL 23441.00 1106.51 7]TAL 22322.49 , . � pu SQUARE CONDOMINIUM ASP[N CO 81611 ` � (9,O)925-10OO ]anuury 7, 1998 ]ANI NOHLGENUTH ` W. B0x 9836 3LENDALE CA 91226 3UMMARY: BEGINNING BALANCE RENTAL REVENUE 5%-FUND COMMISSION HOUSEKEEPING & lAUNDRY SERVICE TFAVEL PGENT &/CC COMMISSIONS C4BLE AND HBO EXPENSE' REPAIRS & REFURBISHMENTS ^ ASSOCIATION ASSESSMENTS TELEPHOWE 'STAYS IN OTHER UNITS MISCELLANEOUS EXPENSES, PAYMENTS FROM OWNER PAYMENTS TO ONNE� CHECK ENCLOSED FOR ENDING BALANCE, ~ PAGE. 2 PSPEN SQUARE UNIT #126 FOR MONTH ENDING December 31, 1997 INCOME EXPENSES YEAR-TO-DATE CURRENT PERIOD 17094.91. 59475.00 5950.01) 2973.77 ^ 297.50 5357.25 '375.99 5048.49 366.52 343.2O 30.0O 479.63 38.50 O.00 17491.00 9.93 O.00 V.00 0.00 , O.Oo 0.CC 5237.58 . . ° o u e - — -- . ^ 61/ �AS` ��OPEP NDHLSE#UTH' JPMI UNIT M 12� PA. EOX 9836 ST#T DATE7 Decesbar 11, AM.', GLEND0LE, CA 91226 GUEST USE U9E DOYS� -'----- 1C 2�2 UANER'S USE DAM, !2 K ` ~ ' 0 • ASPEN SQUARE CONDOMINIUM HOTEL 617 EAST COOPER AVENUE ASPEN CO 81611 CREF!I ,�;� d (970)925-1000A-, August 23, 2010 MICHAEL & NOLA M. KEENAN 1075 DUVAL STREET C-21 PMB 238 KEY WEST FL 33040 AUG 23«10 C� TY F r ry DEV EtOPMENT ASPEN SQUARE UNIT #125 FOR December 1, 2009 TO December 31, 2009 INCOME EXPENSES INCOME: Short Term Rental Revenue 209.00 Tenant: MARCIL 12/05-12/06 Short Term Rental Revenue 4770.00 Tenant: DEBBAN 12/26-01/01 EXPENSES: 12/31/09 Cable & HBO expense 49.07 12/31/09 5% Fund Commission 248.95 12/31/09 Travel Agent/CC Commissions 508.33 12/31/09 % Housekeeping & Laundry Serv. 483.85 12/29/09 Carpet Cleaning 85.00 SUB -TOTAL 4979.00 1375.20 TOTAL 3603.80 SUMMARY: YEAR-TO-DATE CURRENT PERIOD BEGINNING BALANCE 23461.18 RENTAL REVENUE 58577.60 4979.00 5% FUND COMMISSION 2928.89 248.95 HOUSEKEEPING & LAUNDRY SERVICE 6997.86 568.85 TRAVEL AGENT & CC COMMISSIONS 5786.49 508.33 CABLE AND HBO EXPENSE 580.21 49.07 REPAIRS & REFURBISHMENTS 12207.87 0.00 ASSOCIATION ASSESSMENTS 22955.00 0.00 TELEPHONE 0.00 0.00 STAYS IN OTHER UNITS 0.00 0.00 MISCELLANEOUS EXPENSES 160.00 0.00 PAYMENTS FROM OWNER 0.00 0.00 PAYMENTS TO OWNER 7446.93 0.00 ENDING BALANCE 19857.38 Ending Balance is the amount owed to Aspen Square, consequently no check was issued. THANK YOU. OCCUPANCY NIGHTS: Reg Owner O/Guest Comp Other Total Occ % THIS PERIOD 7 0 0 0 0 7 22.6 YEAR-TO-DATE 158 0 0 0 0 158 43.3 ASPEN SQUARE CONDOMINIUM HOTEL 617 EAST COOPER AVENUE ASPEN CO 81611 (970)925-1000 August 23, 2010 MICHAEL & NOLA M. KEENAN 1075 DUVAL STREET C-21 PMB 238 KEY WEST FL 33040 ASPEN SQUARE UNIT #125 FOR December 1, 2008 TO December 31, 2008 INCOME EXPENSES INCOME: Pooled Revenue for Dec. 2008 7669.00 EXPENSES: 12/31/08 Cable & HBO expense 40.48 12/31/08 5% Fund Commission 429.46 12/31/08 Travel Agent/CC Commissions 971.66 12/31/08 % Housekeeping & Laundry Serv. 688.68 12/21/08 37" Samsung LCD TV/Parts/Labor 1298.00 12/21/08 26" Samsung LCD TV/Parts/Labor 918.50 SUB -TOTAL 7669.00 4346.78 TOTAL 3322.22 SUMMARY: YEAR-TO-DATE CURRENT PERIOD BEGINNING BALANCE 22693.95 RENTAL REVENUE 75546.20 7669.00 5% FUND COMMISSION 3814.96 429.46 HOUSEKEEPING & LAUNDRY SERVICE 8520.28 688.68 TRAVEL AGENT & CC COMMISSIONS 7143.88 971.66 CABLE AND HBO EXPENSE 485.76 40.48 REPAIRS & REFURBISHMENTS 2216.50 2216.50 ASSOCIATION ASSESSMENTS 22956.00 0.00 TELEPHONE 0.00 0.00 STAYS IN OTHER UNITS 0.00 0.00 MISCELLANEOUS EXPENSES 160.00 0.00 PAYMENTS FROM OWNER 0.00 0.00 PAYMENTS TO OWNER 36638.68 0.00 ENDING BALANCE 19371.73 Ending Balance is the amount owed to Aspen Square, consequently no check was issued. THANK YOU. OCCUPANCY NIGHTS: Reg Owner O/Guest Comp Other Total Occ THIS PERIOD 0 0 0 0 0 0 0.0 YEAR-TO-DATE 182 0 0 2 0 184 50.3 0 • ASPEN SQUARE CONDOMINIUM HOTEL 617 EAST COOPER AVENUE ASPEN CO 81611 (970)925-1000 August 23, 2010 MICHAEL & NOLA M. KEENAN ASPEN SQUARE UNIT #125 1075 DUVAL STREET C-21 PMB 238 KEY WEST FL 33040 FOR December 1, 2007 TO December 31, 2007 INCOME EXPENSES INCOME: Short Term Rental Revenue 189.00 Tenant: LORENZEN 12/01-12/02 Short Term Rental Revenue 1785.00 Tenant: BOUTON 12/05-12/12 Short Term Rental Revenue 570.00 Tenant: RUBIN 12/12-12/15 Short Term Rental Revenue 255.00 Tenant: COHEN 12/15-12/16 Short Term Rental Revenue 4434.00 Tenant: HARDINGE 12/23-12/29 Short Term Rental Revenue 2217.00 Tenant: THOMAS 12/29-01/01 EXPENSES: 12/31/07 Cable & HBO expense 40.48 12/31/07 5% Fund Commission 472.50 12/31/07 Travel Agent/CC Commissions 974.30 12/31/07 % Housekeeping & Laundry Serv. 756.00 SUB -TOTAL 9450.00 2243.28 TOTAL 7206.72 • • ASPEN SQUARE CONDOMINIUM HOTEL 617 EAST COOPER AVENUE ASPEN CO 81611 (970)925-1000 August 23, 2010 MICHAEL & NOLA M. KEENAN 1075 DUVAL STREET C-21 PMB 238 KEY WEST FL 33040 SUMMARY: BEGINNING BALANCE RENTAL REVENUE 5% FUND COMMISSION HOUSEKEEPING & LAUNDRY SERVICE TRAVEL AGENT & CC COMMISSIONS CABLE AND HBO EXPENSE REPAIRS & REFURBISHMENTS ASSOCIATION ASSESSMENTS TELEPHONE STAYS IN OTHER UNITS MISCELLANEOUS EXPENSES PAYMENTS FROM OWNER PAYMENTS TO OWNER ENDING BALANCE PAGE 2 ASPEN SQUARE UNIT #125 FOR December 1, 2007 TO December 31, 2007 INCOME EXPENSES YEAR-TO-DATE CURRENT PERIOD 903WIT-Owt 68638.12 9450.00 3431.92 472.50 6790.32 756.00 6935.87 974.30 485.76 40.48 386.00 0.00 21691.00 0.00 0.00 0.00 0.00 0.00 564.39 0.00 0.00 0.00 30914.33 0.00 Ending Balance is the amount owed to Aspen Square, consequently no check was issued. THANK YOU. 12981.87 OCCUPANCY NIGHTS: Reg Owner O/Guest Comp Other Total Occ % THIS PERIOD 21 0 0 0 0 21 67.7 YEAR-TO-DATE 214 5 0 0 0 219 60.0 • 0 ASPEN SQUARE CONDOMINIUM HOTEL 617 EAST COOPER AVENUE ASPEN CO 81611 (970)925-1000 August 23, 2010 MICHAEL & NOLA M. KEENAN 1075 DUVAL STREET C-21 PMB 238 KEY WEST FL 33040 61t8 ui'uin\;ice BEGINNING BALANCE RENTAL REVENUE 5% FUND COMMISSION HOUSEKEEPING & LAUNDRY SERVICE TRAVEL AGENT & CC COMMISSIONS CABLE AND HBO EXPENSE REPAIRS & REFURBISHMENTS ASSOCIATION ASSESSMENTS TELEPHONE STAYS IN OTHER UNITS MISCELLANEOUS EXPENSES PAYMENTS FROM OWNER PAYMENTS TO OWNER ENDING BALANCE PAGE 2 ASPEN SQUARE UNIT #125 FOR December 1, 2006 TO December 31, 2006 INCOME EXPENSES YEAR-TO-DATE CURRENT PERIOD 67263.92 11005.00 3363.21 550.25 6609.74 759.35 6267.62 990.45 485.76 40.48 625.00 0.00 20478.00 0.00 0.00 0.00 0.00 0.00 194.00 0.00 0.00 0.00 28007.69 0.00 Ending Balance is the amount owed to Aspen Square, consequently no check was issued. THANK YOU. 10420.40 OCCUPANCY NIGHTS: Reg Owner O/Guest Comp Other Total Occ % THIS PERIOD 24 0 0 0 0 24 77.4 YEAR-TO-DATE 233 0 0 0 0 233 63.8 • 9 ASPEN SQUARE CONDOMINIUM HOTEL 617 EAST COOPER AVENUE ASPEN CO 81611 (970)925-1000 August 23, 2010 MICHAEL & NOLA M. KEENAN ASPEN SQUARE UNIT #125 1075 DUVAL STREET C-21 PMB 238 KEY WEST FL 33040 FOR December 1, 2005 TO December 31, 2005 INCOME EXPENSES INCOME: Short Term Rental Revenue 900.00 Tenant: RINGHAM 12/01-12/05 Short Term Rental Revenue 2484.00 Tenant: SPELLACY 12/18-12/24 Short Term Rental Revenue 4123.00 Tenant: MESHEL 12/25-01/01 EXPENSES: 12/31/05 Cable & HBO expense 40.48 12/31/05 5% Fund Commission 375.35 12/31/05 Travel Agent/CC Commissions 764.32 12/31/05 % Housekeeping & Laundry Serv. 641.78 SUB -TOTAL 7507.00 1821.93 TOTAL 5685.07 SUMMARY: YEAR-TO-DATE CURRENT PERIOD BEGINNING BALANCE 17338.37 RENTAL REVENUE 56528.88 7507.00 5% FUND COMMISSION 2826.45 375.35 HOUSEKEEPING & LAUNDRY SERVICE 5956.37 641.78 TRAVEL AGENT & CC COMMISSIONS 5145.84 764.32 CABLE AND HBO EXPENSE 485.76 40.48 REPAIRS & REFURBISHMENTS 513.00 0.00 ASSOCIATION ASSESSMENTS 19149.00 0.00 TELEPHONE 0.00 0.00 STAYS IN OTHER UNITS 0.00 0.00 MISCELLANEOUS EXPENSES 1067.75 0.00 PAYMENTS FROM OWNER 0.00 0.00 PAYMENTS TO OWNER 20660.72 0.00 ENDING BALANCE 11653.30 Ending Balance is the amount owed to Aspen Square, consequently no check was issued. THANK YOU. OCCUPANCY NIGHTS: Reg Owner O/Guest Comp Other Total Occ % THIS PERIOD 17 0 0 0 0 17 54.8 YEAR-TO-DATE 214 7 0 0 0 221 60.5 • 0 ASPEN SQUARE CONDOMINIUM HOTEL 617 EAST COOPER AVENUE ASPEN CO 81611 (970)925-1000 August 23, 2010 MICHAEL & NOLA M. KEENAN ASPEN SQUARE UNIT #125 1075 DUVAL STREET C-21 PMB 238 KEY WEST FL 33040 FOR December 1, 2006 TO December 31, 2006 INCOME EXPENSES INCOME: Short Term Rental Revenue 1000.00 Tenant: RINGHAM 11/28-12/03 Short Term Rental Revenue 600.00 Tenant: RUBIN 12/08-12/11 Short Term Rental Revenue 1195.00 Tenant: ELGIN 12/11-12/16 Short Term Rental Revenue 2315.00 Tenant: CRYSTAL 12/18-12/23 Short Term Rental Revenue 5895.00 Tenant: PHILLIPS 12/23-01/01 EXPENSES: 12/31/06 Cable & HBO expense 40.48 12/31/06 5% Fund Commission 550.25 12/31/06 Travel Agent/CC Commissions 990.45 12/31/06 % Housekeeping & Laundry Serv. 759.35 SUB -TOTAL 11005.00 2340.53 TOTAL 8664.47 • 0 ASPEN SQUARE CONDOMINIUM HOTEL 617 EAST COOPER AVENUE ASPEN CO 81611 (970)925-1000 August 23, 2010 MICHAEL & NOLA M. KEENAN ASPEN SQUARE UNIT 4125 1075 DUVAL STREET C-21 PMB 238 KEY WEST FL 33040 FOR December 1, 2004 TO December 31, 2004 INCOME EXPENSES INCOME: Short Term Rental Revenue 350.00 Tenant: ROSE 12/05-12/07 Short Term Rental Revenue 525.00 Tenant: PUJOL 12/15-12/18 Short Term Rental Revenue 3474.00 Tenant: HOFFMAN 12/23-12/29 Short Term Rental Revenue 1737.00 Tenant: ROTH 12/29-01/01 EXPENSES: 12/31/04 Cable & HBO expense 40.48 12/31/04 5% Fund Commission 304.30 12/31/04 Travel Agent/CC Commissions 534.76 12/31/04 % Housekeeping & Laundry Serv. 453.83 11/30/04 FOUR SEASONS 75.00 Clean carpet SUB -TOTAL 6086.00 1408.37 TOTAL 4677.63 • • ASPEN SQUARE CONDOMINIUM HOTEL 617 EAST COOPER AVENUE ASPEN CO 81611 (970)925-1000 August 23, 2010 MICHAEL & NOLA M. KEENAN 1075 DUVAL STREET C-21 PMB 238 KEY WEST FL 33040 SUMMARY: BEGINNING BALANCE RENTAL REVENUE 5% FUND COMMISSION HOUSEKEEPING & LAUNDRY SERVICE TRAVEL AGENT & CC COMMISSIONS CABLE AND HBO EXPENSE REPAIRS & REFURBISHMENTS ASSOCIATION ASSESSMENTS TELEPHONE STAYS IN OTHER UNITS MISCELLANEOUS EXPENSES PAYMENTS FROM OWNER PAYMENTS TO OWNER ENDING BALANCE PAGE 2 ASPEN SQUARE UNIT #125 FOR December 1, 2004 TO December 31, 2004 INCOME EXPENSES YEAR-TO-DATE CURRENT PERIOD 17054.92 49399.19 6086.00 2469.96 304.30 5562.78 453.83 4275.54 534.76 483.83 40.48 811.00 75.00 18551.00 0.00 0.00 0.00 0.00 0.00 260.80 0.00 0.00 0.00 17898.76 0.00 Ending Balance is the amount owed to Aspen Square, consequently no check was issued. THANK YOU. 12377.29 OCCUPANCY NIGHTS: Reg Owner O/Guest Comp Other Total Occ % THIS PERIOD 14 0 0 0 0 14 45.2 YEAR-TO-DATE 183 2 0 0 0 185 50.5 • • ASPEN SQUARE CONDOMINIUM HOTEL 617 EAST COOPER AVENUE ASPEN CO 81611 (970)925-1000 August 23, 2010 MICHAEL & NOLA M. KEENAN ASPEN SQUARE UNIT 4125 1075 DUVAL STREET C-21 PMB 238 KEY WEST FL 33040 FOR December 1, 2003 TO December 31, 2003 INCOME EXPENSES INCOME: Short Term Rental Revenue 687.00 Tenant: PLATT 12/06-12/09 Short Term Rental Revenue 1145.00 Tenant: TISDALE 12/15-12/20 Short Term Rental Revenue 1782.00 Tenant: WALLACE 12/22-12/25 Short Term Rental Revenue 4053.00 Tenant: BERMAN 12/25-01/01 EXPENSES: 12/31/03 % Housekeeping & Laundry Serv. 359.94 12/31/03 Travel Agent/CC Commissions 650.28 12/31/03 5% Fund Commission 383.35 12/31/03 Cable & HBO expense 38.55 SUB -TOTAL 7667.00 1432.12 TOTAL 6234.88 SUMMARY: YEAR-TO-DATE CURRENT PERIOD BEGINNING BALANCE 17697.69 RENTAL REVENUE 26205.50 7667.00 5% FUND COMMISSION 1310.28 383.35 HOUSEKEEPING & LAUNDRY SERVICE 2871.22 359.94 TRAVEL AGENT & CC COMMISSIONS 1655.42 650.28 CABLE AND HBO EXPENSE 308.40 38.55 REPAIRS & REFURBISHMENTS 410.14 0.00 ASSOCIATION ASSESSMENTS 18038.00 0.00 TELEPHONE 0.00 0.00 STAYS IN OTHER UNITS 0.00 0.00 MISCELLANEOUS EXPENSES 150.00 0.00 PAYMENTS FROM OWNER 0.00 0.00 PAYMENTS TO OWNER 12924.85 0.00 ENDING BALANCE Ending Balance is the amount owed to Aspen Square, consequently no check was issued. THANK YOU. 11462.81 0 • ASPEN SQUARE CONDOMINIUM HOTEL 617 EAST COOPER AVENUE ASPEN CO 81611 (970)925-1000 August 23, 2010 MICHAEL & NOLA M. KEENAN 1075 DUVAL STREET C-21 PMB 238 KEY WEST FL 33040 PAGE 2 ASPEN SQUARE UNIT #125 FOR December 1, 2003 TO December 31, 2003 INCOME EXPENSES OCCUPANCY NIGHTS: Reg Owner O/Guest Comp Other Total Occ % THIS PERIOD 18 0 0 0 0 18 58.1 YEAR-TO-DATE 114 0 0 0 0 114 31.2 • 0 ASPEN SQUARE CONDOMINIUM 617 EAST COOPER AVENUE ASPEN CO 81611 (970)925-1000 January 7, 2003 DENNIS & DOROTHY V DUNN ASPEN SQUARE UNIT ##125 705 Ridge Road Orwigsburg PA 17961-2221 FOR MONTH ENDING December 31, 2002 INCOME EXPENSES INCOME: Short Term Rental Revenue 318.00 Tenant: SNYDER 12/15-12/17 Short Term Rental Revenue 1695.00 Tenant: KASPAR 12/26-12/29 Short Term Rental Revenue 425.00 Tenant: KASSOUF 12/29-12/30 Short Term Rental Revenue 1130.00 Tenant: BURROUGHS 12/30-01/01 EXPENSES: 12/31/02 $ Housekeeping & Laundry Serv. 276.67 12/31/02 Travel Agent/CC Commissions 283.77 12/31/02 596 Fund Commission 178.40 12/31/02 Cable & HBO expense 38.55 SUB -TOTAL 3568.00 777.39 TOTAL 2790.61 SUMMARY: YEAR-TO-DATE CURRENT PERIOD BEGINNING BALANCE 0.00 RENTAL REVENUE 36338.50 3568.00 596 FUND COMMISSION 1816.93 178.40 HOUSEKEEPING & LAUNDRY SERVICE 4253.12 276.67 TRAVEL AGENT & CC COMMISSIONS 2918.58 283.77 CABLE AND HBO EXPENSE 462.60 38.55 REPAIRS & REFURBISHMENTS 393.74 0.00 ASSOCIATION ASSESSMENTS 0.00 0.00 TELEPHONE 0.00 0.00 STAYS IN OTHER UNITS 0.00 0.00 MISCELLANEOUS EXPENSES 250.00 0.00 PAYMENTS FROM OWNER 0.00 PAYMENTS TO OWNER 0.00 CHECK ENCLOSED FOR 2790.61 ENDING BALANCE 0.00 rj DUNN, DENNIS & DOROTHY V 705 Ridge Road Orwigsburg, PA 17961-2221 GUEST USE DAYS: OWNER'S USE DAYS: ASPEN SQUARE 617 EAST COOPER ASPEN, CO 81611 UNIT # 125 STMT DATE: December 31, 2002 CURRENT YTD ----------------- 8 152 0 36 0 ASPEN SQUARE CONDOMINIUM 617 EAST COOPER AVENUE ASPEN CO 81611 (970)925-1000 January 9, 2002 DENNIS & DOROTHY V DUNN ASPEN SQUARE UNIT #125 705 Ridge Road Orwigsburg PA 17961-2221 FOR MONTH ENDING December 31, 2001 INCOME EXPENSES INCOME: Short Term Rental Revenue 3715.00 Tenant: GALLEGOS 12/21-12/28 Short Term Rental Revenue 1800.00 Tenant: SLAINE 12/28-01/01 EXPENSES: 12/31/01 % Housekeeping & Laundry Serv. 348.55 12/31/01 Travel Agent/CC Commissions 512.90 12/31/01 50-. Fund Commission 275.75 12/31/01 Cable & HBO expense 38.55 SUB -TOTAL 5515.00 1175.75 TOTAL 4339.25 SUMMARY: YEAR-TO-DATE CURRENT PERIOD BEGINNING BALANCE 0.00 RENTAL REVENUE 47235.50 5515.00 5o FUND COMMISSION 2361.78 275.75 HOUSEKEEPING & LAUNDRY SERVICE 5032.66 348.55 TRAVEL AGENT & CC COMMISSIONS 4132.41 512.90 CABLE AND HBO EXPENSE 462.60 38.55 REPAIRS & REFURBISHMENTS 714.00 0.00 ASSOCIATION ASSESSMENTS 0.00 0.00 TELEPHONE 138.98 0.00 STAYS IN OTHER UNITS 0.00 0.00 MISCELLANEOUS EXPENSES 250.00 0.00 PAYMENTS FROM OWNER 0.00 PAYMENTS TO OWNER 0.00 CHECK ENCLOSED FOR 4339.25 ENDING BALANCE 0.00 • i DUNN, DENNIS & DOROTHY V 705 Ridge Road Orwigsburg, PA 17961-2221 GUEST USE DAYS: OWNER'S USE DAYS: ASPEN SQUARE 617 EAST COOPER ASPEN, CO 81611 UNIT # 125 STMT DATE: December 31, 2001 CURRENT YTD ----------------- 11 184 0 37 PEN SQUARE CONDOMINIUM �� ��pc17 EAST COOPER AVENUE ^ ASPEN CO 91611 January 11. 2001 DENNIS & DOROTHY V DUNN ASPEN SQUARE UNIT #125 705 Ridoe Road Crwiosboro PA 17961-2221 FOR MONTH ENDING December 31. 2000 INCOME EXFENSES INCUME: Short Term Rental Revenue 412.00 Tenant: MCCASHIN 12/01-12/03 Short Term Rertal Revenue 825.00 Tenart: FABER 12/06-12/11 Short Term Rental Revenue 788.01-1) Tenant: HELSTAD 12/14-12/18 Short Term Rental Revenue 680.00 Tenant: COSSOFF 12/18-12/22 Short Term Rental Revenue 549.00 Ten&nt: JAMES 12/23-12/24 Short Term Rental Revenue 4392.00 Tenant: SOYKA 12/24-01/01 EXPENSES: 12/31/00 % Housekeeoino 8 Laundry Se'v, 512.28 12/31/00 Travel Aoent/CC Commissions 711.08 12/31/00 5% Fond Commission 382.30 12/31/00 Cable and HBO Exoense 35.90 11/29/OO ZREEX9IDE FABRIC CARE 40.00 Clean beddino SUB -TOTAL 7646.00 1681.56 TOTAL 5964.44 PEN SQUARE CONDOM{NIUM �� ���17 EA��7 CO�PER AVENUE PSPFN C/' 8101 (970)925-1000 January 11. 2001 DENNIS & DORDTpv V DUNN 705 Ridne Road O'wiosb"ro PP ;7961-2221 S1MMARV: BEGINNING BALANCE RENTAL REVENUE 5% FUND COMMISSION HOUSEKEEPING & LAUNDRY SEPVICE rFnxEL PGENT & CC COMMISSITNS C�[ AN[ HBO EXP[NFE R["ATRS & REFURBISHMENTS c'`42-14110N ASSESSMENTS T['[^!'��� �/1`3 f|?rHER UNITS ``.SCELLANEOUS EXPENSES NAvMNrS FROM OWNER P�-.:K`S TO OWNER 21[�7 ENCLOSED FOR ENDING BALANCE PAGE 2 ASPEN SQUARE UNIT #125 FOR MONTH ENDING December 31. 2000 INCOME EXPENSES YEAF-TO-DATE CURRENT PERIOD O.0O 55943.80 7646.00 2797.19 382.0) 6186.96 512.28 4904.21 711.08 425.80 35.90 20695.03 40.0O O.00 O.00 0.00 0.00 O.O0 O.00 150.0O 0.00 0.00 O.0O 5964.44 0.0O DUNN. DENNIS 8 DOROTHY V 705 Ridoe Road Orwiosb'/ro. PA 17961-2221 GUEST USE DAYS: OWNER'S USE DAYS: ASPEN SQUARE 617 EAST COOPER ASPEN. CO 81611 UNIT # 125 STMT DATE: December 31' 2000 CURRENT YTD ------- ---------- 24 219 O 15 - '-- �---u�N� --'- --'---- ------'----' N SQUARE CONDOMINIUM EAST COOPER AVENUE ASPEN CO 81611 (970)925-1000 January 10, 2000 DENNIS & DOROTHY V DUNN ASPEN SQUARE UNIT #125 705 Ridge Read Orwigsburg PA 17961-2221 FOR MONTH ENDING December 31, 1999 INCOME EXPENSES INCOME: Short Term Rental Revenue 836.00 Tenant: BARNHILL 12/02-12/06 Short Term Rental Revenue 3879.00 Tenant: EAGAN** 12/17-12/24 Short Term Rental Revenue 3675.00 Tenant: DUFFIN 12/25-01/01 Premium Rental Revenue 159.50 EXPENSES: 12/31/99 % Housekeeping & Laundry Serv. 507.26 12/31/99 Travel Agent/CC Commissions 704.76 12/31/99 5% Fund Commission 419.50 12/31/99 Cable and HBO Expense 33.00 PAYMENTS: 12/27/99 Payment from Owner, 736.03 SUB -TOTAL 9285.53 1664.52 TOTAL 7621.01 SUMMARY: YEAR-TO-DATE CURRENT PERIOD BEGINNING BALANCE 736.03 RENTAL REVENUE 49437.60 8549.50 5% FUND COMMISSION 2463.91 419.50 HOUSEKEEPING & LAUNDRY SERVICE 5356.75 507.26 TRAVEL AGENT & CC COMMISSIONS 4218.22 704.76 CABLE AND HBO EXPENSE 387.00 33.00 REPAIRS & REFURBISHMENTS -7331.99 0.00 ASSOCIATION ASSESSMENTS 0.00 0.00 TELEPHONE 12.65 0.00 STAYS IN OTHER UNITS 0.00 0.00 MISCELLANEOUS EXPENSES 186.82 0.00 PAYMENTS FROM OWNER 736.03 PAYMENTS TO OWNER 0.00 CHECK ENCLOSED FOR 6884.98 ENDING BALANCE 0.00 Please note that AT&T has purchased the cable company; TCI: and AT&T will increase cable fees by 5% starting January 2000. This fee increase will appear on your next statement. 0 DUNN, DENNIS & DOROTHY V 705 Ridge Road Orwigsburp, PA 17961-2221 GUEST USE DAYS: OWNER'S USE DAYS: ASPEN SQUARE 617 EAST COOPER ASPEN. CO 81611 UNIT # 125 STMT DATE: December 31, 1999 CURRENT YTD ------- ---------- 18 188 O 29 �----'---'- - --- ---' -�-------- - a��-----'--------- A SQU��E CO@DOMlNIU� ���V 6I~r EAST COPPER AVENUE ^ ASPEN CO RI6l1 (?70)915-1000 Jai—ry 12` 1999 Ver-'n 4 & Dorthy V. Dunn 70 1 :` RP ' Orw`��V 'o .v 17961-2221 ASPEN SQUARE UNIr #125 FOR MONTH ENDINE December 31' 1998 WCOME EXPENSES WpMF: Ehort Term Rental Revenue 1497'00 Tenant! REZPI 12/29-01/01 EXPENSES� 12/31/98 5% Fond Commission 74.85 12/31/92 % Hcusekeepinp & La"ndry Serv. 92,51 12/21/98 Travel Agent/CC Commissions 104.04 12/31/98 Cable pnd HBO Expense WOO 1271/98 Creekside Laundry 40.00 bedccverings cleaned !2/31/98 American Express 3306.67 kitchen cabioets �2/31!98 George T. Sanders, Co' 49.42 plumbing sopolies 12/3!/98 Construction Cleve: 135.00 12/31/98 Chrinti Pslazzi 235.62 walloape~ bath kitchen & dining rm �2/32/98 Fineline 1573.00 cabinet o"rl: ``/V/98 Shiloh Const~,ction CO. �117'15 '?/?�08 cabinet, paint doo~s' �'�i�, heptcovers and 319.001 bnsebrp^As CorKrpctnr lc!'.tng expense 225.00 11�r- fur p,"`:`v, 480.00 !/'e: '''K o,Irt kitchen 316.81 payTent +r'.m 3581.36 FUB-Ti'-pL 5078 10099.O7 TOT AL 5020.71. ,, , �:,mrt LVpuumIn�un ~N���FA1' COOPER AVENUE ' '��r AWN CO 8161! (040725-1000 Janupry 12, 1999 PA2E 2 Derris G. & Dortiv V. Dorn ASPEN SQUARE UNIT 4125 705 liJp^ K[' P'*inUun PA 17961-2221 FOR MONTH ENDING December 31` 1999 TKCOME EXPENSES SU4#ARv, YEAR-TO-DATE CURRENT PERIOD 9ESINNING BALANCE 6723 38 PEHr0L pEVEN/'`r 43786.7O 1497.00 4% cl '5 COp,`40O� 2109.35 74.85 ��.!l['EPTOS � Avw�o`/ �7v'TC[ 4511123 227.51 AGEPr 4 104,04 & 18004.21 9662.67 0/`rS O.00 O.00 15.17 O.00 7 1 '.?HER UHl'� O.O(.` 0 OO AcE0PF EXPENSES O.00 C.00 Fpp: OWNEP 3581.36 �(} DN4G" O.oO Aynt 11804.09 |'�CO"E REMIT $ 1TP')4'09 TO MAINTAIN YOUR ACC8UMT. 1 F 0 1r ygu 17; P Q.. Y ,� .., i, I::. -:� Y J .1. '7 i *PEN SpHARE 17 EAST COOMP AUMUE AMEN QO wicil amuary !1. 1997 LINDn hATELL 1120 VIA HIRPRELI VOLPS VER. MPTES !A 0021.1 1 OSPEN MUM UNIT 412.-.''i FO" 4ONTH ENRING DevembEr 31, 199c, MONO UKTAXED STAY Me- a WELL Short Toro Rontli MpnO DTTZLEi'- Mart Toro Tentp! Re-pnuq Funant, M-LEMERVES5 12 2 5 - 12 1 2 Wort Tarm RAW! Rewunw,. 12/21/56 Cualu and HE EvDarm, 12/31/16 yz And MOM& 7r-vel qg2mt/CC PGmwissiom.- !W31/9e X PQhvekepping A Lpusdry Ory 12"2106 KRYW clesye:'; Owfu&V Hcusevesping sery f-ap Ownw, BUD- ] OTAL 7 10 . A () 2075,00 2694.00 5715 02 4660 W! 1 UQ�T # 125 DATE: �ecc��sr 31� 19�6 ' —'----- ----_--- - 15 �74 » �2 ^ 9 tl UNIT #125 AREA GROSS = 735 sq. ft. NET = 650 sq. ft. GROSS = 934 sq. ft. NET = 844 sq. ft. TOTAL AREA I GROSS = 1,669 sq. NET = 1,494 sq. ft. EXISTING PARTY WALL MIDDY BASEBOARD HEATERS TO ACCOMODATE NEW DESIGN II II II I I I I I I II II II II II II UNIT #126 II II II II II II II BEDRM II BEDRM II II II II 6 II II II II I II II I II I I I MODIY BASEBOARD HEATERS TO ACCOMODATE I I I I I I NEW DESIGN III I I STRUCTURAL 1 POSTTO I REMAIN IN - ----- - --- ENTRY r I I STRUCTURALPOSTTO REMAIN r EXISTING PLUMBING r . ; ` CHASE II Ie III I 1 I`Irlt.'-.I'l AC EQUIPMENT IN THIS AREA AREA AT LOWERED i • I CEILING TO BE REMOVED & REUSED IN NEW LOCATION % I I KITCHEN �`a o 1 I (SEE A-102) ®I® 1 I II � II II II II STRUCTURALPOSTTO REMAIN 1 I I REMOVE & STORE WALL I II II MOUNT F.P. TOOLS II I I I I LIVING I I FLUE CHASE I IDEMO EXISTING KITCHEN & I 1 I I (CAP FIXTURES LINES I DEMOLITION FLOOR PLAN LEGEND: 1 (E) WALL TO REMAIN I I I I FIREPLACE))WOODOBURNING REMAIN I I DINING I I I ® (E) EXTERIOR VENEER WALL (TO REMAIN) I I I I REMOVE EXISTING FP I I (INTERIOR STONE VENEER ® (E) WALL TO BE REMOVED EXISTING STRUCTURE I I I TO REMAIN TL �(E) SIDEWALLAC DIFFUSER �(E) SIDEWALLAC RETURN BALCONY ® (E) BASEBOARD HEATER TO REMAIN OTHERWISE DEMOLISH EXISTING BASEBOARDS (NOT ALL EXISTING ARE SHC (E) DESIGNATES EXISTING DEMOLITION NOTE: 1 5 1. REVIEW POTENTIAL OF CRITICAL EXISTING A/V WIRING PRIOR TO WORK WITH OWNER'S A/V CONSULTANT (WALT SEUBERT 925-1110) N EXISTING/DEMOLITION FLOOR PLAN SCALE: 1 /4" = V-0" COAT RACK & HOOKS "NIC" @ SOUTH AND WEST WALLS � I CUBBIES IN NICHE FRAME & INSULATE EXISTING DOORWAY. EXTERIOR FINISH TO MATCH TYP, VOID SPACE — B INSTALL SOUND INSULATION BETWEEN NEW — WALL & PARTI WALL EXISTING PARTY WALL — BOOK SHELVES VOID SPACE — A 4 1 II II 434051 II A-202 1 1 II 2 II BDRM #3 I I II II A R C H E T S C T S 119 SOUTH SPRING BTREEr ASPEN, COLORADO 81611 (PH) 970.925.2100 (FAX) 970.925.2258 LOVE REMODEL UNIT #125 & #126 A S P E N S Q U A R E COLORADO DATE ISSUE 04/04/2010 Schematic Design 04/07/2010 HOA Submittal 07/09/2010 Owner Review #1 07/23/2010 Owner Review #2 07/28/2010 Owner Review #3 08/09/2010 Permit/Construction Set RECEIVED AUG 11 2010 CITY OF ASPEN COW N DEVELOPMENT II I I I 2 A-201 13 II-101 1 - 2 I -4 -- r--- '' I I I I I I EXISTING CHASE ow WALL THICKNESS TO I I O I it I I DINING I ACCOMODATE TOILET WASTE (FIXTURE REQUIRES — HORIZONTAL WALL OUTLET SEE PLUMBING PLAN) TRIM OR VENEER POSTS TO I I I I MATCH BEAMS ABOVE TYP. CONDITION I I I I I I II EING W/ARCH TCT) II II T I I I I I 164I I I I 11A-2o1 1 I FLUE CHASE DOCUMENT ORIGINATION: 8/10/10 11:26 AM COPYRIGHT PROPOSED FLOOR PLAN LEGEND: I I I PROVIDE BACKER I I This document has been prepared specifically for the LIVING 5 BOARD @ NEW 1 I I 1 VENEER (TYP.)- O (E) WALL TO REMAIN Love Remodel Project and is not suitable for use on other projects or in other locations without the approval ry I I I I RE -INSTALL F.P. 1 1 and participation of the Architect. Reproduction prohibited. TOOLS NICHE (�J TIMBER BEAM TYP. I I I I (E) EXTERIOR VENEER WALL TO REMAIN I I I I O 2010 Stryker/Brown Architects I I y I I I I I I o-- NEW WALL I I I I I I NEW VENEER WALL SHEET TITLE b NEW SIDEWALLAC DIFFUSER EXISTING & BALCONY I INO WORK I I NEW SIDEWALLAC RETURN PROPOSED NOTE: FLOOR PLAN I I I 1. VIF NEW SIDEWALLAC DIFFUCER & RETURN AIR LOCATIONS & DUCTWORK REQUIRED, TYP. 2. BASEBOARD HEATERS LOCATED ON PLUMBING PLAN 3. (E) DESIGNATES EXISTING 5 4. RELOCATE EXISTING WALL MOUNT UNIT NUMBER SIGNS PER ASPEN SQUARE MANAGEMENT 5. SEE A-102 FOR A/C N PROPOSED FLOOR PLAN 1�1) A=1 01 SCALE:1/4" = V-0"