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HomeMy WebLinkAboutLand Use Case.340 Silverlode Dr.0040.2007.ASLU_ -„ .~ €dit gecord Navgete Farm Reporjgs~FOrmat Tab F1dp DX D >J ~~ ~_i+~ ~ JJ ~' 11.__.1 ,~ ii '3~ ~ I)a ~umP 1 Y ~.. ~ ®. J 'J 4 ~ j ~ V 4C ..~ ~Mab Custom F7elds ~_Fees ~~Aclons i~Pncels Il Rouing Staus Fee Surmary ~ Rou6rg Hcelory ~AllachmeMS~'~, ~ I PemW Type aslu =Aspen Land Use Permit # 00-10.200ZaSl~ '., Address 390 SILVERLODE DR J Apl/Suie ' Cdy ASPEN Stale CO - Zip 81611 J , Pamd lAormalion ..-- __. ---- -_ -- -_. Mmler Pemd~J Routing Quaue aslu07 Applied 08l14(N07 J Poojed ] Status Pending Approved ~- Li ~ Description FINAL PU060UD AMENDMENT INSUBSTANTLAL Issued ~J ~' I I I r Rnal I -J i Submitted JOHN HOWARD 927.9153 Cbck Running Days ~ EKpres Oo"",.'08)2008 J Owner- -__-_- ___ _... _.. .. _. ____. __- -. Last Name Bos11cK BARBARA O'f;EN- ~ First Name ~ PO BOX 1518 ~, Phone ASPEN CO 81612-1518 r owner Is APdicanl7 Applbant _.._ __- -- __- _. _ _ - _ __-- -- i Last Nome BOSTICK BARBARA O'JiEN~ ~ First Name-- PO BOX 1518 ii Phone ~- Cusl # 27866 ~ ASPEN CO 616121518 I tender __ ___-__.._._ .-__.__ _.. _ _._ _... _.. ~~ Last Name ~~ First Name ~ Phone --~; AsPenGoldl6) -Irj Recrnda oft Fde Vj J ~. ,~ r 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. Barbara and Kevin Owen 340 Silverlode Drive Aspen CO 81611 Property Owner's Name, Mailing Address and telephone number Lot 1 Williams Ranch Subdivision 340 Silverlode Drive Aspen CO 81611 Legal Description and Street Address of Subject Property Barbara and Kevin Owen ("Aanlicant") have applied for an insubstantial PUD amendment to add a 182 sq ft floor area addition to the existing single family home off the rear of the house. Written Description of the Site Specific Plan and/or Attachment Describing Plan Ordinance No. 52 Series of 2004 Land Use Approval(s) Received and Dates (Attach Final Ordinances or Resolutions) August 26 2007 Effective Date of Development Order (Same as date of publication of notice of approval.) August 27 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.) Issued this 27a' day of August, 2007, by the City of Aspen Community Develgnment Director. Chris Bendon, Community Development Director .~ NOTICE OF APPROVAL For An Insubstantial PUD Amendment to the Williams Ranch Subdivision/PUD, An Amendment to Aspen City Council Ordinance No. 52, Series of 1994 Parcel ID No. 2737-074-29-001 APPLICANT: Barbara and Kevin Owen REPRESENTATIVE: John Howard -Willow Creek SUBJECT & SITE OF Insubstantial PUD Amendment in the Williams Ranch AMENDMENT: Subdivision/PUD on Lot 1 to allow addition to existing detached residence SUMMARY: The Applicants have requested an Insubstantial PUD Amendment for the Williams Ranch Subdivision. The request is to allow an 182 sq. ft. increase in Floor Area to build a modest addition to the existing single-family residence. The addition is proposed to enclose an at grade area which is below an existing raised living room and deck. When approved in 1994, Ordinance No. 52 did not memorialize the dimensional requirements of the PUD and the underlying zone district AH/PUD does not provide minimum dimensional requirements. As such, the existing built affordable housing unit is considered the site specific development approval. Any changes to the as-built dimensional standards require an amendment to the PUD. STAFF EVALUATION: Staff supports the proposed addition to the detached residence on Lot 1. The addition will not create additional site coverage and the addition will not decrease the distance between the building's footprint to the existing property lines. Staff finds that the request of the building addition meets the Review Criteria attached as Exhibit B. DECISION: The Community Development Director finds the Insubstantial PUD Amendment to build the proposed at grade addition to be consistent with the review criteria (Exhibit B) and thereby, APPROVES the amendment as specified below. The approved amendment to the Williams Ranch Subdivision, allows for a modest at grade addition to the detached residence on Lot 3, as illustrated in the application provided as Exhibit C. RECEPTION#: 541126, 08/17/2007 at 10:29:25 AM, 1 of 3, R $16.00 Doc Code NOTICE Page I oft Janice K. Vos Caudill, Pitkin County, CO ,... ,.. APPROVED BY: Chris Bendon Community Development Director ACCEPTED BY: ,. Barbara Owen Attachments: Exhibit A -Proposed Site Plan Exhibit B -Review Standards Exhibit C - Application ~ ~~~ Date ~~~~~~ri Date Page 2 of 2 ._, 4 . Exhibit B Review Criteria and Staff Findings PUD Insubstantial Amendments 1. A change in the use or character of the development. Staff does not feel that the proposal will significantly change the character of the subdivision. The addition to the residence encloses an at grade area that is presently below an above grade deck and building structure. 2. An increase by greater than three (3) percent in the overall coverage of structures on the land. The addition does not increase coverage of the site because the existing deck and building structure are already in place and the addition does not exceed the existing footprint. 3. Any amendment that substantially increases trip generation rates of the proposed development or the demand for public facilities. The addition will not increase trip generation or public facility demands. 4. A reduction by greater than three (3) percent of the approved open space. Open space is not reduced by this proposal. S. A reduction by greater than one (1) percent of the off-street parking and loading space. Off-street parking spaces are not affected by the proposal. 6. A reduction in required pavement widths or rights-of--way for streets and easements. No pavement widths or rights-of--ways will be reduced by the proposal. 7. An increase of greater than two (2) percent in the approved gross leasable floor area of commercial buildings. There is no leasable floor area associated with this proposal. 8. An increase by greater than one (1) percent in the approved residential density of the development. The density of the development does not change with this request. 9. Any change which is inconsistent with a condition or representation of the project's original approval or which requires granting a variation from the project's approved use or dimensional requirements. As noted in the memo, the dimensional requirements for the subdivision were not memorialized. As proposed setbacks for the addition will not be any closer to the property line than the existing footprint. Staff finds this criterion met. rA ~~~'~ ATTACHMENT 2-LAND USE APPLICATION APPLICANT: Name: 43AR$Jh ~sTur ov.1>rN KEVIN o1,1t3><.( Location: SID 1LV lbD ~ 1 InIILLI AN15 5u8D. Indicates t address, lot & block number, le al descri tion where a ro riate Parcel ID # UIRED 1 a - 9 • oo I REPRESENTATIVE' '\ Name: 'Sorts ~fOWA'~D ~ -all.(.f7),! GQ.E1r~ Address: loo ~ 1.K QU N D ~ IV ~ Su l'fE ~ 2 ~` $~A1-'r. C v Phone #• q2'1 • Q 16'3 ~N . q 21. Rt tQ3 ~X. ~1a . 01't o C,~t,~ . PROJECT: Name: $p~rlB p~ UCOc1.!'f I I~1StkgJ~i AN?1 0 '( Address: Phone #: TYPE OF APPLICATION: 1D1eaSe check all that apply): ^ Conditional Use ^ Special Review ^ Design Review Appeal ^ GMQS Allotment ^ GMQS Exemption ^ ESA - 8040 Greenline, Stream Mazgin, Hallam Lake Bluff, Mountain View Plane ^ Lot Split ^ Conceptual PUD FuraLPUDg~,,P~,fAtm`dment) ^ Co~N ~nceptual AA ^ Final SPA (& SPA Amendment) ^ Subdivision ^ Subdivision Exemption (includes condominiumization) ^ Temporary Use ^ Conceptual Historic Devt. ^ Final Historic Development ^ Minor Historic Devt. ^ Historic Demolition ^ Historic Designation ^ Small Lodge Conversion/ Expansion ^ Other: EXISTING t.ONDTfIONS' (description of existing buildings uses previous approvals etc ) SlNcxt.~ ~~cYt1I,•( 2ESID~nlua , a 159.22 ~y PROPOSAL' (description of proposed buildings uses modifications etc ) ~fo Amp ~AHIt,~{ RGbN n~ I$1•~~sF 'fu 81uS'('G I~DUS6 ?v~flkt.i,Y l,.IIT81K ~1S'(rG F'7~7'Tpi?iN~ PtND hID rNt_~ERroE 1nl LOT Ca~e~v Have you attached the following? FEES DUE: $ ^ Pre-Application Conference Summary ^ Attachment #1, Signed Fee Agreement ^ Response to Attachment #3, Dimensional Requirements Form ^ Response to Attachment #4, Submittal Requirements- Including Written Responses to Review Standards .ate All plans that are larger than 8.5" x 11" must be folded and a floppy disk with an electronic R;~'v"riiKep.. text (Microsoft Word Format) must be submitted as part of the application. = ~~'1311 ~~"~ RECORD AUK 0 R L~i07 RETAIN FOR PERMANENT A~4.r~' ~f IV r. ~-,,, ~ ., CITY OF ASPEN COMMUNITY DEVELOPMENT DEPARTMENT Agreement for Pavmeot of Citv of Aspen Development AoDlication Fees ~. CITY OF ASPEN (hereinafter CITY) and ~~~~ ~~ ~ IG~ 01'v~i V ~ 1~/1 M ~laE `~' (hereinafter APPLICANT) AGREE AS FOLLOWS: 1. APPLICANT has submitted to CITY an application THE PROJECT). 2. APPLICANT understands and agrees that City of Aspen Ordinance No. 57 (Series of 2000) establishes a fee structure for Land Use applications and the payment of all processing fees is a condition precedent to a detettninazion of applicazion completeness. 3. APPLICANT and CITY agree that because of the size, nature or scope of the proposed project, it is not possible az this time to ascertain the full extent of the costs involved in processing the application. APPLICANT and CITY further agree thaz it is in the interest of the parties thaz APPLICANT make payment of an initial deposit and to thereafter permit additional costs to be billed to APPLICANT on a mondily 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 benefited through the greater certainty of recovering its full costs to process APPLICANT'S application. 4. CITY and APPLICANT further agree thaz it is impracticable for CITY staff to complete processing or present sufficient information to the Planning Commission and/or City Council to enable the Planning 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 the CITY's waiver of its right to collect full fees prior to a determinazion of applicaion completeness, APPLICANT shall pay an initial deposit in the amount of $ 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 $235.00 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 Bounds for suspension of processing, and in no case will building permits be issued until all costs associated with case processing have been paid CTTY OF ASPEN Chris Bendon Community Development Director APPLICANT d~ Bill o Mailing ddress and Telephone Number: ~IU.O~ EEC 1~J/-~/ Al,'T t C~ 1311 2 / Q~1 4-63 RETAW FOR PERMANEKf RECORD --~ \.. 4d Project: Applicant: Location: Zone District: Lot Size: Lot Area: (for the purposes of calculating Floor Area, Lot Area may be reduced for areas within the high water mazk, easements, and steep slopes. Please refer to the defmition of Lot Area in the Municipal Code.) Commercial net leasable: Existing: N /a- Proposed: N/A+ Number of residential units: Existing: I Proposed.• l Number of bedrooms: Existing: A- Proposed. ~•' Proposed % of demolition (Historic properties only): DIMENSIONS: Floor Area: Principal bldg. height: Access. bldg. height: On-Site parking: %,Site coverage: Open Space: ~v ~•1'rA• ~Allowable:~~t~•~Z Pro osed.~ 2'~' Existing:~~ p Existing: <'r• o Allowable: ~'• y Proposed: ~ ~ Existing.• N~A Allowable: IJ A- Proposed.• W ~ Existing: '~ Required.• ~ Proposed.~~_ Existing: 3~. U Required: a~. $ Proposed: c32, g Existing: ~i1.2 Required: 4 ~) • 2 Proposed: (1'~ . 2. Front Setback: Existing: )k •~ y Required: )~l. y y Proposed: 14. y o Rear Setback: Existing: I'd•14 Required: 12•x''{' Proposed.• 12.19' Combined F/R: Existing: 3 I.1A Required: 31. 1q Proposed: ~). ~)~ Side Setback: Existing: 'J.q'I Required. ':~. q~) Proposed: ~.q7 Side Setback: Existing: 21.5 a Required: 21. '< o Proposed.• 2 I. ~~ o Combined Sides: Existing: 2. . A~ ~ Required: 21.91 Proposed: 2.1. ~ ~) Distance Between Existing ) 2 Y Required: 1'Z'`- Proposed: 1Z Buildings Existing non-conformities or encroachments: MON E Variations requested: lNG ~ltx~2 A~¢[A- i1( )bl 2$ SF ATTACHMENT3 DIMENSIONAL REQUIREMENTS FORM r ~"'h ~. .._ r ATTACHMENT4 WRITTEN RESPONSES TO REVIEW STANDARDS 26.445.100 A. PUD Insubstantial Amendments 1. The proposed development does not change the use or character of the development. The existing development is asingle-family residence. Then; is no proposed change to this use. The proposal is fo enclose an existing concn;fe patio that is at grade below the existing living room. The space is curtently bordered on two sides by the existing structure and completely covered above by the existing living room (75%J and existing deck (25%). The space is entirely within the existing footprint. 2. The proposed development does not increase the overall coverage of structures on the land by greater than three (3) percent. The proposed development lies completely within the existing footprint and does not change the coverage by structures at all. 3. The proposed development does not increase trip generation or the demand for public facilities. The proposed development is for a family rooMmedia room and does not increase trip generation at all. 4. The proposed development does not reduce the approved open space by greater than three (3) percent. The proposed development lies completely within the existing footprint and does not change the amount of open space at all. 5. The proposed development does not reduce the off-street parking or loading space by greater than one (1) percent. The proposed development is on the other side of the house and does not reduce either the off-stn;et parking spaces or loading space at all. 6. The proposed development does not reduce the required widths or rights-of-way for streets and easements. The proposed development is entirely within the existing footprint and does not n:duce the rnquired widths of rights-of--way for streets or easements. 7. The proposed development does not increase the gross leasable floor area of a commercial building by greater than two (2) percent. Not applicable. 8. The proposed development does not increase the approved residential density by greater than one (1) percent. The proposed development does not change the approved density. No additional unds are proposed. 9. The proposed development is consistent with conditions and representations of the project's original approval and does not require a variation from the project's approved use or dimensional requirements. The proposed development is entirely within the existing footprint, is entirely below portions of the existing structure, is substantially below the maximum building height, and is entirely consistent with the project's original approvals. August 8, 2007 City of Aspen Building Department Galena Street Aspen, CO 81611 To Whom It May Concern: This letter is sent as written authorization for John Howard and Willow Creek Management Services to represent us and work on our behalf in the process of modifying our residence at 340 Silverlode Drive, Aspen, CO 81611. Please contact Barbara at 970-618-4595 if you have any questions. ' erely ` /\ ara Owen ~1 bgrJ.~ya~ra,.~owe~n sothebysrealty.com K~evm" Yhven kevin.owen@sothebysrealty.com 340 Silverlode Drive Aspen, CO 81611 970-925-3344 r ~^ -^e ~., ..s t.and Title GuazaMee Company Date: August 08, 2006 DRAPER AND KRAMER MORTGAGE CORP. 100 W. 22ND STREET SUffE 101 LOMBARD, IL 60148 Re: Your Ref. Number Enclosed please find your Land Title Guarantee Company loan poBcy insuring the property at 340 SILVERLODE DRIVE ASPEN CO 81611 and owned by KEVIN OWEN AND BARBARA BOSTICK-OWEN The following endorsements are included in this policy: Endorsement Alta 8.1 E~orsement Alta 5 Deletion of Standard Exception(s) Endorsement 116 Endorsement Alta 9 Please review this pollcy in its entirety. In the event that you find any discrepancy, or if you have any questions or comments regarding your po0cy, you may contact Title Department Phone: 970-925-1678 Fax: Please refer to our Order No. Q388062 We at Land Title Guarantee Company believe in delivering quality products that meet your needs, and our goal is to provide the most efficient, reliable service in the industry. Thank you for giving us the opportunity to serve you! Sincerety, Land Title Guarantee Company ~ ., -°.o. ..,. ... LOAN POLICY ***~# * ~ * Aaacw iwdTAk Awaaua lam PafrylalTS2 ~ ~ slslECr ro T1N EX171RIOIR PROM camACE, T!E Ex0~DOf6 flmM cafmAt~ caNTAam a SlIEOUE i AND THE 'JM' * * COfOfNONS AfO STIPtAATf1N5, OtD RFPtatlC atilONAt TITLE aSUwacE COMPANY,aAiaesda capaaba4 dadrr ded me Cwgrry. hnues. as d Dam d Pbiry shows m Sah[a140. ~ lea a daaage, not wuaig ue Anamt d Namara stamd'n Sdwik 0. snsmird a iwrN y We ha.dy rww d: 1. Tdemthetsmmdintaest desaied irSdNdeAheirg reseed atlre tlrwasrated meek 2. Ary ddad6afmawaeirwmwthe tAlK 3. masarbmlRydtle WS 1. lad d a sigh[ daaesam ad feao the mrd; 5. ThemmidAyauiradaseahitydtlefendtleieuNnartgageupwtletrUe: 6. 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DefnuardTess. ik i~9 ~ who ad it tlds pafry ema W 'SeraG': the htsveA aanw o SdrnAe A lk am'fo9red' dm irnrdet W the crams d tlm wdte8ass squad y tls fared martyage anA mdr snaessa a awnesn jl d tle aleMMnas enept a saorasar wk a m aniga eras Um paeisba d Seetloa TZ(t) d them CortNas sal StipWha pasariiy keeva, aF dAas adAetee:s a m say surusmrtlat tla Caipag waAd kw hd agaist arty peaemaer leaned. udess tla stwxesmr acpid the hdrbteias a a grdiar to vela withw laawbnyedme assatd aemd, fat, monianoe, adrem dais a ama amtaieud agaitr ymh pdiry a sRaiig tAle m the astm a iaeest n tk IarR: li aygaranaeaata9aa.YagaammaaatidnaaaakYwich'sa fete a 9a*+mr aetr m ierrneaatrata gsranly ieweg a gaeanteeig the webtedammwd y me iead aao~ge, awry pn tlwed, wMla rmoed a m herd trails a aC A the parch iAgmted'n Bettie 2(a~daem Caafdes ad Stgdama. ~ °herd d+kld': m ierd dwg ba a daoage. K1 °kwiAge' a'Lwa': anal kewkd¢, mtcrostrecdre kmeeagea mtlce wlidr cry kkpdd m m ierK y mdm dthe pits rernrds a dative hr thh pafcy a any otlrr ruaiwmdt kpataasmsire ratlu dmdtas anedbg tla had (dd) 3t1': tla hslAesviel a rderd b b Srlaide A aw aaPsuaeds afmtd tlrsem rids y hw rasbiAe red papery. Tk teen Ld' Aces and imkrde any prepety kyatl tla ins d the qua daaid a refarcd m n Sda4k 0. ne a7 ~, tide, iAeest amen a saeorrt h ahmbg mails, tends, awres, stays, tines, ways, a an0eaays, MA neUiitg heave chi caddy a bai ikermlt mrdsn a AAd dauas m aN Goa ik hd h iaud y tlih pAiy. ld "rertgage': msiga9e• bed d sat stmAeed, a otla meeiy herrmart ~ '~rdic resaras': ramds estahidrdade stm mma a Dm d pairy fa the pepom d agaHng arrmecire noUx dedlws rdamtg m sal peppy m prdases fwvda Ild YYaIIaR hgYrkdge. Walr rap0.T m SeL4er 1(aKn) dik Fadabre iron Cawage, °pdic records" steal elm krnak eakrnerhl potasian pas flde ik ruwds dtle dale d tAe !laid Stiles Dheit Cant fa sae dimil h wIAW tkbd h bested. (q) "uwrlatahilydtk Nb':malgdaapparmt mace annrhg the hTlem me hrd, rid erridea aemaptd flan Wwage, wlidr waM aditle a padrasw d tk estm silence daaid h Sdadi A a me hetrd mngage m k r4mwd Gan tla drganm m pudrae y vhheda arrtrathrl caraidm nrpikg tle detiay d trtshetade O'tle. 2. Camraindmarmce ~ AlraAopntlm dlile. The areage dtlis poiry AW aelna b fora a d om d pafcp h tea d W m iead who acpies of a arty pn d tlu atom a irceest it tlr hod y Toratloere, hadee's sale aanryrrre 6 im of (aedoare, a atlar legal mine wYW didd..ga tlr fe dmeierd engage, ~ a tsaateee d the emAe a kneed m aapiee G_ m iavM mrpaa0is4 presided ikGaamre a tlu pannt a adsywtad sWSYry dme bard aapaatlss rd tlw wpada saxasas y opeatlm dhw ad rot y prdtae, ss8jut m a%rigMS adeteaa tla Canpany may hen agaer say prweassar heeeb: w W m1i 9aianmerad i~Y a f hsiruradaftyrlidr acpies al a say pn dthe arm a haeest pmsrae m a cmtract dharaa a gmragierig a gmradshg tla krdrnteirss searN y ik ierd arrOgage. ~ ARv Caneyansedlile lkaasagedtlis pirysklswtmaa it Taa:a d Dam d Pafry h tars d m ieadady m ky a ak bauM re~a m arm a Waco b ik tend, a IaNs m Imhimiasa mead y a pudrme nraay mortgage Ae^ y a prdrae fine ik herd, a aey m hng a me isrd slw has iaaily y realm d mwmas d wamdy ewe y tlm herd a arytrwsin a rnseyala d tlr wade a nraest Tile pdsy drf ad carrmare b tsars b faaa d any prdiaa Fran the rimed d antic p m arm a iAeest h the hen, a p m krdebteiass saved y es prdase aarey nn[gt9a Ara m tla imed. ~ Namdharaoe. ik amretdiseaae doe the acqunifaradta tle caireyatx spat b neitlteead emd the Imd d: p tla amandbe.mae smm it SdrwAe lt; p tlr anwa d the picpd dtle irlebtwras ward y the bared eatgage a d egad Petry, hfeea tneaa eryases d f«eanrre, aim.ts aavaoced puetmt mtle frsmd eatgage m same aaepiam vein hers a m pots[ Me lien d the bard nnrtga¢ pia m iM tke d acquhaim d the arm a Herat a tle tad ad seared tkeny and rmme6le artarrts eapedd m parse ealaioratia d iRraremaAS, hd refired yme aeord d of payawrds made; a Q tk mwdpddyarry goaermedd ageryagoremmndd inmreedaily,'rfme agenry a iatrunsaafty'a the irstrd dainmrt n the arpisifm d the emAe a irtsen h sasiacfao d'da berrru rermaat a pady. .~ \.+I 3. NaiadCl®mkGamkhsuee Qaiaet l k merM sirr a old ma cap.v P~Jr m ~5 8 a am d aq Ngama a mt fatly n Satin 1q hemw, ~ n rase hwkd5e slrr mre m m feral laasrtda d aq dais d title a keaat wrap h aawm m tk aile m the cum a krmmd a tla im d tlrhereA eatyga a card, sad Mild miAd sae lac a daasge d whin tk Cmparyauy k 46k y NGedtlhpig, ap nab m tla esmb d kaeest ark fe d the inrred eadgage, a ieore4'srejeecN a uaarlrsfable. N panel rotice skl not k giver m tk Caprry, tMn a m the leered a• faihily d tla Caupany shat taaiam wim rgad m tlaeatar a rtnes fa rdidr pmap pollee h mpiad; pari4$ howerr, tlw mine maetlTy tle CoePay chi h m t>m peju6u y the mine ad tlrsi sly m tlu emdd the peju6oe. a. Deraae rd RoxaaimdMias udrdbard (%ioadm Gmede. ~ Up raise repastytleierd ad sWjatbtheapimsweaiw it Saba 6 dtlass Canaaars ad SgWfea, tk Cmpnyd i ore ear ad wtlad aaaaauhk ddq, slal poride fa m! ddese d m ierrd m f0yhmn nnh ally tlid pony assts adais adeem m the tltle a krest aivar[a, ktady a m tltae staid area daction akgig a detest imamYaesr elhr eamr tread agaist y tens palry. Tk Cmgrry chi naa tlr dye m sekd eww d hs dais (sWjed to the riArc d the tiered m ahjnt tQ neswhk c+ae) m npamt the bard a m mom shed taea d acim sd chi mlk falls Tar sad wi ant pry tlm fees d arty Dens veal. Tk Osysry ai m pay asyTss, awls a eapmsaiswed y ik iasrea h the adaee dense area daetlm whitlt s4ge enms at herd agatat by ~ PaE7l~ ~ The Canprry shihaethe dght,di6 am aetmimrltrm sad panmm any acdar a paaig am i aq ame as whin h is 4~ say k eaassrya desiahk m estahfAs the title m the estm a iteeesr a me is d tlteberdrtarrgage, a isreM a m pass a rdace hen a deaage m tle ierN ik Capany ary mks arty appapiam acUOa mdQ meeem dtlapoiq, rMhea and kskf k ihle Iasnrrde, ad stafaot tieeby waeifahilyaraia say parmmdaia pity. n tla Canprry slulemdm es riAds edam's parapapll islW i esq. q Yiaaar tla Camprry skl kre brays m aetlm a idspaed a deface a copied a permttd y tla pormas dtla pear, the Caepmyegpeare sap wigsdam fir! eelsehedbrr y a cast d oapsatl}bistimadegrealyreserws tla dglA, b i mk desaeuat, m seem! Gan aq alarm jrdpred a ads. It9 hafcaawhemtl6pafrypandtsargiiestlaCasperympamia pwide fa tla ifesedany abaapremeirg lheierd skr•saaamtle Caapary tle eAR m m pmseaae a pmi4e admen h tk salon rpomdrg oral a• appah tlreeln, ad peen! tle Carysry b use, d i apnar, tlr res~ dlk ierd far tla pupae. YManss repastd y tle C®pmy, me ierd, d Ik Caspmy's eryam, shop 9w ik Caapary i reaauhle atl W h ary aWst a P~4 Ohl eriderm, abaiig abrasa, paeamg addmirg tkastiar apaaeirg, a enectirg sdtlenee, and p h aq ala heed ace wkfJt h tlr ophar dthe Capsry nary k rarsnaya aesiatde m estshfsh tla ifle m me estm aMaeslathe fen d tle iard engage, a ierd. ntkCapmyh pejraild y the TaiR d ik hmrd m hair tle mere! aapeatiat the Gaspers ahigahn d tla ierw ends ik pofry shat teninam, fairdng>r7 feAity aalfgetim m adatd, pmsum, a raNna cry ~l win regmd m ak malty a millers rapikg sacY raopvafm. 5. PraoldlmtaDamm. h sddiL'oe m ad after the raCrzs apid ands Sntimr 3 d Mae Cardffes aN Stgddiars kre bwr proud m the Caapsry, a pmddba a isage siprd sail swam m y tla iard damn[ stag k Tmrihd m the Cmpsry rrtlli 90 iys atte me heard dawmR sld asartit tla fads A+s ie m me Imo Yaage. The pad d less a aaaage shat emaie ilk defect it a fm a emsometoe a the title, a she rope fatrd agahst y m's pafry whin mrWitlaa tk he's dbss a ilmgd ad slni cram, m tla edsa poaile, tla bads dedoYig tla aeamd me Yea a aasage. ntk cmpary h pe}r6ud y tle fairtdtk msna dimtmpmrii the rapid paddba a danngq tle Canpanys efigadssm tla hard ode Me poky shat tmdam, brLaing any phity a a6lpation m detsr4 panty, a mdse cry win aegrd m tlm rmtla a emras repiirg aaipmoi d bssaimfe• h addfal tla ea.d d+inmrc may maarahly k epid m salmi m earnitafm wale Dam y arty arlmid repraedaua dme Capsry sad shat pans: ra aamirtla4 ispufsr ad mPYh4 dsun reamabk Gres ad phm a mry k dedyutad y any authmiaa represertalNe dine Ceapsry, sf remad:, Oinks, ldgss, darks, carapadeoe ad smarm, whetlrr berig a Aem hetaea aie Dam d Pcity, wish reasaxthy path m tla lac adamaga Free, nnapered y say autle'vd repesaeafa d tla Ca"9a7, the fecal da:ead sldlm i permklar, n wrig, far my aatlavk/epaaadhedtk tmprrymmdae,6pnt and wpy al raards, haAa, kdgss,darks. artaspsrderne dnsoeda h me asady a ILL.DRT2 Corer Page2dl .. -. ., aamd des tlid poly, wstlr renamtlrpeta6 m we loos a Aaw¢. N Mawatlon as aWtledtl q Ise Ysed doart prarded m tla Weprry Pasant m the Satisr chi wlM disded m elhasdess, h meredahlejudgea[d tlrt coa9wT, it a amenay n tla admiiIDatlar d tlm den rriie dmeerd tliiaarrt m sumrd faeaniasooude wih, proses atlwrawapyregdstd idarmm~a a Bart psmicsim m scare raaandy neuswy nfawsm mom tliid paMn n aop:d n tle paagraplr, ndas prahNed q mw a garewmid rquMtiat chi termirde cry hohily dtle Ga4aq rnda tlis pity as m Iles rJR 6. Qrtlse m Para Omendm Sdtle peels: Tamimtlan d ILhilr. n ease d a cent aver cis pa4y, the ewPa9 amh has tse mhowmg adilisaiapiise; (ylT~ry a Twtr pghhd disc Mwd d Ysiaiae am PuWx the YdetMrns. p m par a mde paymeddtlm awddhaiane Bade ~ pdry togeUw whh cry oats, atmnreys' ma adeapwes iatard q the amid ddrwi, Wide wee aiwiad qtM Caapny. tp m the ae dpayneR a teMa d paywd and Wide iM c^n9a7 nahigatd m par a p m pathwe the dimmesssmidgthe bend arayaye tar tln awatwwy liana mpaha wllh an)odm. dtsmrY kn ade4sees hrwrd q tla iwad daiwn[ wlidr was aitlwiedq tlm caPmT W m tle tin dpudmw ad whin the Capgr nahlgad m pry. tl tla Caapay dross m prahae the ndehtdness as bean provided, iM oww d the hrdehta/rass chi Uaata, air, srd wrmy tln irdeiadness ad the road naT9ape. togetla witlr cry aimral seahdy, m the Wopary Wm pryrrwt tlwefae. Upm the eaedw q the d eWa d tln aptrae proril[A to n pangapa 4pi a ~, i fihiy ad ahrgasas m we tad ado ills parry. otse ma m wren dr parsed rgded n than peragape, sMhMeede, arAdiry agir6Yy a abige6hn m ddad, pasauk, aaWiw arty ad tlm Parry aW he samrtlaed m tln Cmpary mr carciatlet ~ To Pq a Otlwaee Settle wdh PatiestlmeThm the had a wtm The Ysid pi.ad. p m par a alwwhe sdtle whh otlla paces fa a n tla weed a Yaad daiwd cry ddia Yard agana ude tlis pity. myetlw vdtlr cry costs, dcwwyf taesatle~ersanardgweiaeddahwuwlidrwereaWmidq tln Cae~mrip mlhe uadpryaerl aIM wAlth tla Cmpary h ahigwd m pry; a p m pry a atlwwEe scale whp the hai[d ddwd the bsa danage presided far arde 14s pity, myna Wtlr cry coca, dtanrys'revs ad eapahes YwmdgtM iaddahwd wlitlrwee aEarmed q tle emW9 y m iM ihw d paynat adwYdr the Cagwry nahigdd m pry. Upm tla eaeme q me caogary diha dme ap0se prarid for n pragape Qtly a p, tlecaapay's ahigatlae m tlmiwaed udr wn poiry mr tle dinned bss a dawg4 oven IMe Mepaywerts reQid m M made, sMd Oendatt hrdrir! a7 i8ilr aa6lgisar m dder4 paavm, aanmae m9 ~• T. Dearaiwdrvad Fdatdla6Nr. Thh pahcye a aneaddideady a9NSt awd wwtay bss a daope srMaied a iawd gene raid da:wrt wen hw suRad hen a Oamye q rasarr daWmrs tail again q m'e pity ad oily m the cad Mien deaatbMd. W TAesiilydthecapry sertle palryshi wteaad me mesa d; p tla dwat dhaare smmd'n Stlredde 4 a, d appheik, the aawrt dhaaade w defid'n Seaur Z(d dtlese Cadtnw ad SgpiYfiae, p the amoat o me agaid parryd smtlddness secad q tla hmrd wrtgageas meted apnvidd urn Sasmn 8 d iMSe carddee ad Stlpiasaw a n mmrd Hale Sectia9 dtlrese Carrimd ad SdpYSaq d the Iiae the lass a daoye iced agent q tlds pity scars, mgaM wih hrtent theca[ a Q Um 6dfeese hesawr the nb dtlm card nice a irteestn imid adtla wsedtln®id cedes irteea adjeet m the defea, im a sraardrsns had ayaietq tli's parry. a Mtlmtaeatheiaedhasaapiedtleeadeaircwamm~aaw deaabd m Satla ~ drone Candiora ad Stlpdaiae a hn tameyed iM rlk tlwr IM failyd tlefaeryny chi wrmw as sd faro n Sedan T(ta d mere Cariltlaa ad StprMae. k) lle ~7~WT oily tlnseads, atlaners'tees atl e~aees iraad n axadaes wsh Salim ~ d Ileee CBlyddimK ad Sriprdaiae. g. lildi~I d l~Y. W tlnn ewtpay aetahmlres tln tile, arnwrestM amgd derect,M a alamhnrrtt, a aia tln trY d es rigid d noon m a flan tla a14 a wen me dahn d maMtdiy d ik a atderwhe euahrex Ue M d tlm head rrw[yage. i as iced, n a rasowtly ^gd sane q cry redact. hrdidng gagetim and the wnpleUOns d cry appals theehw, R chi hire s+r pertani ~, ~. u ahrrgdMa wih mpea m Ian awmr ad>w ahehik fa aq loss a di®ye tared iMiT• ~ title esmtdaq ~,ioAoil miyariagtlmcapayaaihlM CO,Ilea~a fa6ak, tll6 ~ Shi Nre w Wlymr few a daiage si wee ha hem a fnat 4asniasar qa anal dowpertphiatim, ad Qapmiim d i appah tlwdra4 aharx m lM tik a m the is d tlm sated nmtgege, as ieried. ~ TM Capary aml wt be mhk mrMrdrrgemary iewd mr M6rfty wYwriy asaarel q tln isaad'n ~9 cry tli a sat aillsat tla prior asar mreart d the Cmgary. (Q TMCangaryshirotMSihkMp>ryirdeleeieseratedstmsequsdm Dde d Pofry aaapt tar adraaoes wdempnmdweir dlheiad arriyye atl seaid tlmeq ad reawmYe aiotads gmrd m paned i W imgm d aprmemaps: apeawwlim 6m aharas amde siaqueet m DeedPohry, eampt anstrasm ben dads sde s10sgeea b Oahe d Pof ry par me propene d fiarmyn Wmkanpat the oaetnasiadanpawedmtle W whidrd Ode d tragy wee seaad q tla wand nogg ai wYd the nand acs and adisrd m M a(igaedm shwa dad altrr Dam d f4hcy. 9. ReddOimdlsaea~RrAcUmaTaeddd"oadlidilr. W N papaeds rmwlln padry. mptppwd vie W aem, aluwys'tas adaapemes, shim8ee tle awed d tla naaarce pn lase Ilowere, cry WT^wts wde priorm me ataieiimr dude m the edam anaest w presied'n Section tln ~ Payad'n pat riles dMeiaM naryagq mtleemat dtle pryeed, sarsmcdaardase. chi rdlae the arlorell diaaax p0 tans The awW dhwram mry ihereaher he hoeasd q aoadq idaest atl amens ode m protect the ha dwe hmrd awtgye mid sewd Uwiy, wih iwrest tlreaR prated n w awl chi iM anwa dhaawe M grene tlw tlm dmaxi d Ysaara smmd n Sehedde A (d p+r~ntr+h+nT pssanatle vdday tai'smdianandmsedme imaed aa[gage chi terdrde i 4hiry dike Cmpary easpt as presiddn Salim zpl dtbee Cardlina d StpYmon. ~Q. (Oh~Y tmli~la. OtM isad aapies title mih estaOea meest n smdattia ileac irddrdnessstaid q tle isid eayoye, aaryptrt lased. d h e~ymsay utrdesaod Ihd tle snonR dhaase wdetlepohry sY he rWrpd q cry awed ~ em4m1' wT WT uatr s7 P~7 ~9 a eatgige m Wes acgsw is mlar n Sthduk B a m whidr tle Hard Im i9iad, assumi, a tans sahjed. a Wichs heaRa eaeadd q a tail ad wldd is a dwge a hen m the estama hdaea desabd a refeaed m n Sddde A, apthe Bawd w paid chi M cleared a paywd ands ihn paicy. 11. Pawwd d lass. W Im payrwr[shi Mmade mUraR pamoig t4s pohry mradawneddtle pipwd alas the pahcy hen baadestroyed, nwhkh cav prwfdlrwa dewuetlm chi be Meld m tln sal6tatioa dIM CaRarry. a who liit7r aM tlw emeddbu a daaage hen hen dirily and n daaNaae wsh iM Cardiiae ad SBpiasse, the bss a darnge shay N peyaMe wpho 30 days lheraR.a. 12. SWaaiar Uea.a Sdtlwed. W TM Ca®s's g'drtdsmoadas whadw tla fmgary chi bare seWd and paid a me wile mn Parry, i dgM d sreogamn chi rea n the Caoprry rirdledel q cry addtln nand dai•am. TM Cw@ayshi M abogatd m ad Medkd m i riyra>ti ra8es wlih tlm isid dioart woW have bed agahet arypasa a papdy it respect m the daM hd tlis pity Has ben issmd tl rcgaemd q the Coogaq,the iced dainae chi trade m IM Caapary i rig>rm and series ayeta cry pesm a papedy naressay n ado m permd this dgtd dsrYOgatm. The had dewrR chi past des m lee, aaapraree a setlm it the raw dme iced dived and m one tle wwdtle had daiwa n cry trae+aim a migisr nalrig lace ~ a nmvies, tl e papnaR m att0lad d i dim dos not by sae iM he5 d iM nail ddwd, the Caryary chi M sumagatd m i ~ ad raw6esdtla iwad tdaaad ama the had diced asr bare remwd rtspodpal. ioses4 and vests dedxdm u.alT.3 care Pape 3 d1 ~.~ ~... a ne haaefs ~ ana lioiadltet ~g tle faregay tle oraar dtle edebmdness sewed q~meyieyaaed rlatgigp. prveded tllpremyd tle fei dtleremd rmtgage a Kedaaihily is nolBRCiM, wry reeasea vbsdtim tleperseml idly d any dehmr e gaarere, a edmd a atltehi'se mo6fy the tens d payead, erdase a pawn d the estm a ireet has the het d tle lead Imspege, a rdarse any rnlried saviy far tle edeMedltes. ^Itmtle prdad acts dtle itarM daknd atte and the eseN has 6owkdge dairy We d file ebdneu aMase m the Vile m tle esme e Ydeest etle primly eedoraahity dthe im dtle iarM eatglge, as imred, tle Cmpery std l repied m pry ady tlat part d aq laves heeed agahet q tlis pohry whirhsll eased tle aeaet.la~, lastm ll Caapary q rvasen due iRa:.ert q tle imaed diiml due Caynys riglt dsWagaunt. (d The CenmlWs ~ Naeitard Ohiaas. The Caegaay's rYf [ d ahageum agint nm isuN ahigas seau eme ad sMh htritde, wltlert iaihuer, We rids dtle itseed miMmeiies, grtaedies Ww pairies d itsQStxe hinds, mlwilteiitg airy teas a aeiUemardahd n tlase ieuureits whhlt preside fw suhregaum rigMS q rwm bib's poky. 1K ('naprry's rigt dsWOgaum shad mt he awdded q acpNUm d tle i~rd ~q ~ Idigw~mapt an ahigor aeww is Seeim 1~ d tlnse Cotdtions and ~P~nl Wa aapies tle insutd aagage a a nsdt d an indeedly, yaerat0[e, Doer poiry ditareu, err had ed tle ahiga wi not l m istrdmde tYspairy, ndwitlrstatfog Satiet 1WN dtlex Confides ed SlptMies. 13. Arhitraum. Ihiess P q aiPdlaM mr, odmr the Canpmy a tle rerd sry Aenand arhitrauet pusrod m tle Tilde Ytarets Arhitrrien ~ d tle Mnkan 1lrhbdion Atwcdtm. Atbirahk mattes Wy acLde, hul ere tat lied m, and wdeeesy e dale heteeen tle Caryrry sad ue maN stag ati d a rddieg m uis poky, airy service d ue Cwpery fn anraf m wits is esaame err uw hratit d a pdry psmisi.te atlw ahigeien N arhirahk Imams whet tle Matra dimracs is 51.000,000 a iss std l athlated at tle spoon deilw the Caoppatry err tle Ywrcd. N arhlahle ceases avian ere Moue d Horace is to euxu d 51,000,000 :~ 4~ slat l aeirated eh.dtm agteel m g herb the ~ry aN tle gel. dlllllbbaholl pr9mi m ua pafry and ode We Ih45 it MeC[ m the dde tle detaN fe ehWatlen k Wee, d Ireepimd tle acerb, tle Rilas n eRea a Dam d Pda7 shi l6Ydag apace tl~e parliet The swab ery itAtle atlwirys' has ady title 6ws dthe slabs n addt4 tle fed is istatN peM a cart m awed attarerys' tea m a Prv+~9 Wrtl'~ Wan tle award redeetl q the irhirafar(st nay ~ braes[ it aq cwt hwitg jrisiGiett tlteed. the hwd the stets dUe ind sliapply m an ahihauon ceder the lik harattt Nhiiaum IOdes. gapy dtle Poles may l ahtahd fren the Codptiry span mgmsc 14. IaYiTt lala[C b Thk Pohcy~~ Fnthe CpWaU. W ~ P~7I m9eUr.in ai adeseeers, if ery, etaded Itcem q tle Cwpnye tle etdhe poiry ad wNrvct mtreen tle rauM and tle Cagety. h ~P~9>~ prae6Md tla pity, thispehryslailemUtd x whale. M Nrydtwdbesedaragq wMheeaothaseleh ne¢ge~ha aadaeidt ariees Ble d tle store d tle fen dtle hlwN Ylgese R d tl file m tle estate a iAOes[maeN hereby a q airy atuon asseteg sush drq std l nm'chdmtldspdcy. q Ra awedamldwadexatenlmtl6 peirytwk Weemptgawdtlng edorsed Iteem a atladtd Iteero silted q eiM the ptesidett a Vice Presidet tle Swday,r Assbdac Seadey,arida6g afliareaWmmd sipatory d tle Carpery. 15. Seaeahitr. h tle event airy prm6an d tlfs pofey "e Itetl Maid a umdaceabi undo apphuhkYw, tie poiry std l dead mtm fntLde tld ptaeeM sad i atlar prw®IS shat rdeft n fti fees aN eReU. 1G Waim. Whe! Sml N mum repiN m m gwen ue Caepmy sad any stateweln ewilg reptM mlfirtidtel tle Catgmty std itdtde tle lmohedtlis pairyaed slat he adtressed m is More OFia: 400 Seoed Awme SaM iieapol, AEatesom 55401, ~1zUn-nn. OID REPOBRC lh]gWUTIRE NStIRANCE COh@IWY A Seoeh Canpany 40D Sewtd Avenue 5'aaM Idiaespafs, Miasesaa 55401 Qitp 371-1111 ~,I. TlraF ' .~k *_: 'm ~ +e A: 6°'6 ,, OJO - y,N'ta: ILL.ORT.4 Cover page 4 d 4 ,.. ~«, a.. ~.r Form AL/ORT No. Our Order No. Q388062 Amount 5240,000.00 Schedule A Properly Address: 340 SILVERLODE DRIVE ASPEN CO 81611 1. Policy Date: July 20, 2006 at 5:00 P.M. 2. Name of Insured: DRAPER AND KRAMER MORTGAGE CORP., ITS SUCCESSORS AND/OR ASSIGNS 3. The estate or interest io the land described or referred to in this Schedule aad which is covered by this policy Lt: A Fee Simple 4. Title to the estate or interest covered by this policy at the date hereof It vested in: KEVIN OWEN AND BARBARA BOSTICK-OWEN 5. The mortgage, herein referred to as the insured mortgage, and the assgomenls thereof, if aay an described as follows: DEED OF TRUST DATED JULY 14, 2006, FROM KEVIN OWEN AND BARBARA BOSTICK-OWEN TO THE PUBLIC TRUSTEE OF PITKIIV COUNTY FOR THE USE OF DRAPER AND KRAMER MORTGAGE CORP. TO SECURE THE SUM OF 5240,000.00 RECORDED NLY 20, 2006, UNDER RECEPTION NO. 5211648. 6. The land referred to io this poBcy is described as follows: LOT 1 WILLIAMS RANCH SUBDMSION ACCORDING TO THE PLAT THEREOF RECORDED MAY 9, 1995 IN PLAT BOOK 37 AT PAGE 3, AND THE DECLARATION THEREOF RECORDED MAY 12, 1995 IN BOOK 780 AT PAGE 696. COUNTY OF Pft'KIN, STATE OF COLORADO This Policy Valid only if Schedule B H attached. Land Title Guarantee Company Represeatiog Old Republk National Title Insurance Company ~ ,+~ t/ Form Our Order No. Q388062 Schedule B - I /""~ ~f L This policy does not insure against loss or damage by reason of the following: 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 Bnes, shortage in area, encroachments, and any facts which a correct survey and inspection of the premises would disclose and which are not shown by the public records. 4. Any Ben, or right to a Ben, for services, labor, or material thererofore or hereafter furnished, imposed by law and not shown by the public records. 5. TAXES FOR 2006 AND SUBSEQUENT YEARS ONLY, NOT YET DUE AND PAYABLE. 6. RIGHT OF PROPRIETOR OF A VEIN OR LODE TO EXTRACT AND REMOVE HIS ORE THEREFROM SHOULD THE SAME BE FOUND TO PENETRATE OR INTERSECT THE PREMISES AS RESERVED IN UNTTED STATES PATENT RECORDED DECEMBER 22, 1909, IN BOOK 136 AT PAGE 365, RECORDED MAY 20, 1949 IN BOOK 175 AT PAGE 162, AND RECORDED DECEMBER 24, 1902 IN BOOK 55 AT PAGE 116 7. RIGHT OF WAY FOR DITCHES OR CANALS CONSTRUCTED BY THE AUTHORITY OF THE UNITED STATES AS RESERVED IN UNITED STATES PATENT RECORDED NOVEMBER 22, 1910, IN BOOK 136 AT PAGE 373. 8. EASEMENT AND RIGHT OF WAY FOR THE SALVATION DITCH. 9. PERPETUAL RIGHT OF WAY AND EASEMENTS TO EXTEND OR DRIVE LEVELS OR TUNNELS THROUGH THE SUBJECT PROPERTY AS SET FORTH AND RESERVED IN DEED RECORDED MARCH 30, 1895 IN BOOK 131 AT PAGE 425. 10. EASEMENT FOR SMUGGLER MOUNTAW TUNNEL AND TUNNEL SITE AS SET FORTH IN INSTRUMENT RECORDED JULY 9, 1889 IN BOOK 68 AT PAGE 404, ALSO KNOWN AS THE COWENHOVEN TUNNEL AS SET FORTH IN INSTRUMENT RECORDED SEPTEMBER 3, 1889 IN BOOK 68 AT PAGE 570. 11. TERMS, CONDITIONS, PROVISIONS AND OBLIGATIONS AS CONTAINED IN AGREEMENTS RECORDED AUGUST 30, 1988 IN BOOK 572 AT PAGE 72. 12. TERMS, CONDITIONS, PROVISIONS AND OBLIGATIONS AS CONTAINED IN INSTRUMENTS RECORDED JANUARY 25, 1985 IN BOOK 480 AT PAGE 494 AND RECORDED APRH. 2, ~,. Form AL/ORT Oar Order No. Q388062 1986 IN BOOK 508 AT PAGE 312. ,, LTG Policy No. LTFJ388062 Sc6eduk B - I 13. TERMS, CONDITIONS, PROVISIONS AND OBLIGATIONS AS CONTAINED IN INSTRUMENTS RECORDED MAY 25, 1989 IN BOOK 593 AT PAGE 352 AND RE-RECORDED MAY 26, 1989 IN BOOK 593 AT PAGE 429. 14. TERMS, CONDITIONS, PROVISIONS, OBLIGATIONS AND RESTRICTIONS AS CONTAINED IN ORDINANCE NO. 94-15 RECORDED JUNE 27, 1994 IN BOOK 754 AT PAGE 194, AND RESOLUTION NO. 99-110 RECORDED SEPTEMBER 9, 1994 IN BOOK 760 AT PAGE 909. 15. EASEMENTS, RIGHTS OF WAY AND OTHER MATTERS AS SET FORTH ON THE PLAT OF SMUGGLER MINE SUBDMSION RECORDED MARCH 15, 1995 IN PLAT BOOK 36 AT PAGE 77. 16. TERMS, CONDITIONS, PROVISIONS AND OBLIGATIONS AS CONTAINED IN ORDINANCE N0. 07, SERIES OF 1994, RECORDED MARCH 15, 1995 IN BOOK 776 AT PAGE 299 AND EASEMENT AGREEMENT RECORDED MARCH 15, 1995 IN BOOK 776 AT PAGE 301, WHICH EASEMENT AGREEMENT PROVIDES ACCESS TO THE SUBJECT PROPERTY. 17. TERMS, CONDITIONS, AND PROVISIONS OF SUBDIVIDER'S AGREEMENT AS CONTAINED IN INSTRUMENT RECORDED MARCH 15, 1995, IN BOOK 776 AT PAGE 307. 18. RESERVATION BY WRIGHT & PREUSCH MINING, LTD., OF ANY AND ALL SUB-SURFACE AND MINERAL RIGHTS BELOW 50 FEET BELOW THE SURFACE; HOWEVER, SPECIFICALLY WITHOUT ANY ACCOMPANYING RIGHT TO USE OR IN ANY WAY BURDEN THE SURFACE ESTATE TO OBTAIN AND USE THE BENEFIT OF THE OWNERSHIP OF THE SAME, AS SET FORTH IN DEED RECORDED MARCH 22, 1995 IN BOOK 776 AT PAGE 880. 19. EASEMENTS, RIGHTS OF WAY AND OTHER MATTERS AS SET FORTH ON THE PLAT OF WILLIAMS RANCH SUBDMSION AND SII.VERLODE SUBDMSION RECORDED MAY 9, 1995 IN PLAT BOOK 37 AT PAGE 3, AND APPROVAL RECORDED MAY 9, 1995 IN BOOK 780 AT PAGE 366, AND ACKNOWLEDGEMENT RECORDED MAY 9, 1995 IN BOOK 780 AT PAGE 369. 20. TERMS, CONDITIONS AND PROVISIONS OF ANNEXATION AGREEMENT BY AND BETWEEN WILLIAMS RANCH JOINT VENTURE AND THE CITY OF ASPEN RECORDED MAY 09, 1995 IN BOOK 780 AT PAGE 370. 21. RESTRICTIVE COVENANTS, WHICH DO NOT CONTAIN A FORFEITURE OR REVERTER .--. .,.,, Form Our Order No. Q388062 Schedule B - I .,/ LTG PoBcy No. LTFJ388062 CLAUSE, AS CONTAINED IN INSTRUMENT RECORDED MAY 12, 1995, IN BOOK 780 AT PAGE 696. 22. TERMS, CONDITIONS AND PROVISIONS OF DEED RESTRICTION, OCCUPANCY AND RESALE AGREEMENT FOR WII.LIAMS RANCH AFFORDABLE HOUSING RECORDED MAY 12, 1995 IN BOOK 780 AT PAGE 903. MEMORANDUM OF ACCEPTANCE FOR DEED RESTRICTION RECORDED AUGUST 9, 1995 IN BOOK 789 AT PAGE 586. 23. TERMS, CONDITIONS AND PROVISIONS OF EASEMENT AGREEMENT RECORDED FEBRUARY 22, 1996 UNDER RECEPTION NO. 390141. 24. TERMS, CONDITIONS AND PROVISIONS OF CONSENT OF OWNERS RECORDED AUGUST 20, 1998 AT RECEPTION NO. 420942. 25. ANY BOUNDARY DISCREPANCY DUE TO THE LOCATION OF FENCE LINES AND THE EFFECT OF ANY R[GHT, TITLE OR BVTEREST THAT MAY BE CLAIMED DUE TO ANY SAID DISCREPANCY. 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