Loading...
HomeMy WebLinkAboutgeorgia greenspace Program Grant Award Auousta Richmond GA o DOCUMENT NAME: Cje.D'(Cj\Q, (j'<'ee\\S\XJ..c:.e.- ~CS,(Q"" C,'<CAf\\- 1\v..Xl'\G DOCUMENTTYPE:~(~~\- YEAR: 00 BOX NUMBER: \C\ FILE NUMBER: \ ls2 <6~q NUMBER OF PAGES: 'lq d:f.. -IP /6 -g' JI J AUGUSTA-RICHMOND COUNTY COMMISSION BOB VOtING Mayor STAFF A TIORNEYS VANESSA FLOURNOY HARRY B. JAMES, III LEE BEARD TOMMY BoYLES ULM~:R BRIDGES ANDY CHEEK BOBBY G. HANKERSON WILLIAM B. KUHLKE, JR. WM. "WILLIE" II. MAYS, III STEPHEN. E. S"EPARD MARION WILLIAMS JAMES B. WALL CITY ATTORNEY AUGUSTA LAW DEPARTMENT RICHARD L. COLCLOUGH Mayor Pro Tern GEORGE R. KOLB Administrator September 9,2003 Please Reply to: P.O. Box 2125 Augusta, GA 30903 (706) 821-2488 Fax (706) 722-5984 jwall@augustaga.gov State of Georgia, Department of Natural Resources 205 Butler Street; Suite 1252 Atlanta, Georgia 30334 Augusta, Georgia c/o Lena Bonner, Clerk of Commission 530 Greene Street; Room 806 Augusta, Georgia 30911 RE: Georgia Greenspace Program Grant Award Agreement Trotter Family Partnership Our File No. AR-38-009-03 Dear Sir or Madam: This is to certify that we have examined the title to said property in the office of the Clerk of the Superior Court of Richmond County, Georgia and, based on this examination, it is our opinion that fee simple title to the hereinafter described property is vested in Augusta, Georgia by virtue of a warranty deed from Trotter Family Partnership, said deed being dated March 6, 2003, and recorded at Realty Book 846, page 1507, et seq., and deed of gift from Trotter Family Partnership, said deed being dated March 6, 2003, and recorded in Realty Book 846, page 1475, et seq., in said Clerk's office. The property conveyed, more particularly described in Exhibit "A" enclosed herewith, is free and clear of any encumbrances, with the following exceptions: 1. A third-party interest held by the State of Georgia as referenced in the Georgia Greenspace Program Grant Award Agreement dated June 12, 2001, and filed of record in the Office of the Clerk of the Superior Court of Richmond County, Georgia at Realty Book 755, pages 935-947 ("Agreement"). Said thirty-party beneficiary has the right to enforce the terms and conditions of the Agreement specifically in equity and at law; 2. Rights and interests of parties in possession; State of Georgia, Department of Natural Resources Augusta, Georgia September 9, 2003 PaQe Two of Two 3. Facts which might be disclosed by a physical inspection of said property or a current, accurate survey thereof; 4. Unrecorded claims of liens for labor, materials and services furnished for the improvement of said property. 5. Compliance with any consumer protection, truth-in-Iending or similar laws; 6. Matters affecting the title to said property which are either not of record or are not indexed in such manner as to be revealed by a reasonable and prudent search; 7. All applicable zoning laws, ordinances, regulations and all other governmental regulations pertaining to the use and occupancy of the property as set forth in the Agreement; 8. Areas designated as having special flood hazards; and 9. Declaration of Restrictive Covenants executed by Augusta, Georgia, dated March 27, 2003, and filed of record in the in the Office of the Clerk of the Superior Court for Richmond County, Georgia in Realty Book 848, pages 1667, et seq., restricting the property to Greenspace property. Enclosed herewith, please find copies of the following: (1) Commitment for Title Insurance; (2) Final Title Policy; (3) the Warranty Deed; (4) Deed of Gift and (5) Declaration of Restrictions and Covenants. The originals of these documents are being forwarded to the Clerk of Commission for Augusta, Georgia, with copies to George Patty. ./" ,/ ' I By: Vtk a s B. Wall C' Attorney 454 Greene Street Augusta, Georgia 30901 (706) 821-2488 Enclosures: Warranty Deed Deed of Gift Declaration of Restrictions and Covenants Commitment for Title Insurance Final Title Policy Exhibit "A", Legal Description George Patty, Planning & Zoning cc: .~. ~ 'Kctllm to:' Harry D. Re\c11 454 Greene Street Augusta. Georgia 3090 I Book 00848: 1667 Augusta - Richmond County 200301174204/07/2003 14:38:25,00 $0.00 DECLARATION RFSTRIC:TIVF C:OVFNA 111111111111111111111111111111111111111111111111111111111111 2003011742 Augusta - Richmond County STATE OF GEORGIA ) ) ) COUNTY OF RICHMOND DECLARATION OF RESTRICTIONS AND COVENANTS This declaration is made this Lftl day of ~ ' 2003, by AUGUSTA, GEORGIA, a political subdivision of the State of Georgia (hereinafter referred to as "Declarant"). WITNESSETH: WHEREAS, Declarant owns the property described on Exhibit "A" attached hereto and made a part hereof (the "Property") which property was acquired from Trotter Family Partnership by deed dated lrP-rch to , 2003, and recorded in the Office of the Clerk of Superior Court of Richmond County in Realty Book~ pages /4<6 Co ; and WHEREAS, the Property was acquired with Grant Funds pursuant to the Georgia Greenspace Program Grant Award Agreement dated June 12, 2001, by and between the State of Georgia, Department of Natural Resources, and Augusta, Georgia, (hereinafter the "Agreement"); said Agreement being filed of record in the Office of the Clerk of the Superior Court for Richmond County, Georgia at Realty Book 755, pages 935-947; and WHEREAS, Augusta, Georgia has designated the Property as Greenspace Property and has promised, inter illia, to operate and maintain such Property in such a manner as to achieve one or more of the nine statutory goals of the Georgia Greenspace Act (O.C.G.A. ~36-22-1, et seq.) including, protecting or enhancing water 1 : ~ t ,', , Book 00848 '1668 A 20030117 42 0~~~s7ta/2- Richmond County 003 14:38:25.00 quality, providing flood protection, providing natural habitat and corridors for native plant and animal species, protecting archaeological and historic resources, providing passive recreation, or providing connective links between lands contributing to the goals of the Georgia Greenspace Act, and Declarant agrees to restrict the user of the Property as provided herein. NOW, THEREFORE, for and in consideration of Ten and no/100 Dollars ($10.00) and for other good and valuable consideration, including the receipt of said Grant funds, the receipt and adequacy of which is hereby acknowledged and intending to be legally bound, Declarant does hereby subject the property to the covenants, restrictions and rights herein stated: 1. Definitions. For purposes of this Declaration, the following terms shall have the following meanings, unless the context requires otherwise: (a) "Conservation Easement" means a non-possessiary interest of a holder in real property imposing limitations or affirmative obligations, the purposes of which include retaining or protecting natural, scenic, or open-space values of real property; assuring its availability for agricultural, forest, recreational, or open-space use; protecting natural resources; maintaining or enhancing air or water quality; or preserving the historical, agricultural, archaeological, or cultural aspect of real property. (b) "Georgia Greenspace Act" shall mean a.c.G.A. 36-22-1 936-22-1, et seq. 2 , . '...1 ". Book 00848: 1669 Au 20030117 42 04~Os~~2~;Ochmond County 3 14:38:25.00 (c) "Grant Agreement" shall mean that certain Georgia Greenspace Program Grant Award Agreement dated June 12, 2001, by and between the State of Georgia, Department of Natural Resources, and Augusta, Georgia. (d) "Greenspace" shall mean permanently protected land and water, including agricultural, and forestry land whose development rights have been severed from the property, that is in its undeveloped, natural state and that has been developed only to the extend consistent with, or is restored to be consistent with, one or more of the following goals: 1) Water quality protection for rivers, streams, and lakes; 2) Flood protection; 3) Wetlands protection; 4) Reduction of erosion through protection of steep slopes, areas with erodable soils, and stream banks; 5) Protection of riparian buggers and other areas such as marsh, hammocks that serve as natural habitat and corridors for native plant and animal species; 6) Scenic protection; 7) Protection of archaeological and historic resources; 8) Provision of recreation in the form of voting, hiking, camping, fishing, hunting, running, jogging, biking, walking, skating, birding, riding horses, observing or 3 . . ~ .' Book 00848:1670 Augusta - Richmond County 200301174204/07/2003 14:38:25.00 photographing nature, picnicking, playing non- organized sports, or engaging in free play; and 9) Connection of existing or planned areas contributing to the goals set out in this paragraph. Public access is not necessary for property to be counted as Greenspace. (e) "Land Trust" shall mean Southeastern Natural Sciences Academy Land Trust, Inc., a nonprofit corporation organized and existing under the laws of the State of Georgia, its successors and assigns. 2. Conservation Easement. Grantor hereby subjects said Property to a Conservation Easement that ensures that the land will be maintained as Greenspace as defined in the Rules for the Georgia Greenspace Program, Rule 391-1-4-.01, et seq., incorporated herein by reference, in effect at the time of this Declaration. 3. Use. The operation, use and maintenance of the Property, and any improvements, shall be subject to and shall comply with the Conservation Easement. 4. Covenants Running with the Land. Declarant acknowledges and agrees that the Conservation Easement is appurtenant to and runs with the land, and shall be binding and enforceable against Declarant, its successors and assigns, and any Trustee appointed to manage the Property. The Conservation easement shall inure to the benefit of the State of Georgia, the Land Trust, and their respective successors and assigns, and shall be enforceable by 4 . . '..\ . I Book 00848:1671 Augusta - Richmond County 200301174204/07/2003 14:38:25.00 the State of Georgia, its agents or assigns, and Land Trust, its successors and assigns, in the Superior Court of Richmond County, Georgia. 5. Severability. In the event that any of the provisions contained in this Declaration shall for any reason held to be invalid, illegal or unenforceable in any respect in a final ruling or judgment of a court of competent jurisdiction from which no appeal has been or can be taken, the remainder of the Conservation Easement shall not be affected thereby and each term, covenant, condition and provision hereof shall remain valid and enforceable to the fullest extent permitted by law. 6. General Provisions. (a) Headings. The use of headings, captions and numbers in this Declaration is solely for the convenience (b) Non-Waiver. Failure by any party to complain of any action, non- action or breach of any other party shall not constitute a waiver of any aggrieved parties' right hereunder. Waiver by any party of any right arising from any breach of any other party shall not constitute a waiver of any other right arising from a subsequent breach of the same obligation or for any default, pass, present or future. (c) Time is of Essence of This Declaration. (d) Applicable Law. This Declaration shall be governed by, constructed under, and interpreted and enforced in accordance with the laws of the State of Georgia. 5 , . '. " Book 00848:1672 Augusta - Richmond County 200301174204/07/2003 14:38:25.00 (e) Venue. Any action to construe or enforce this Covenant shall be filed in the Superior Court of Richmond County, Georgia. IN WITNESS WHEREOF, Declarant has signed and sealed this Declaration, on the day, month and year first above written. c(y Signed, Sealed and Delivered in The presence of: ~~rt'jf fA) /n~~ I; Witness DECLARANT: AUGU~ G~ORGIA (~1~~ As Its: Mayor \ By: ATTEST: ~ /!J7J} lerk 'f)~~'u 1n(/la~~ Na~~ ic Rloh 0_ County, Georgi~otary Public. Columbia County, Georgia My Comrnissiori Expires: My Commission Expires Aug. I, 2006 6 Book 00848:1673 Augusta - Richmond County 200301174204/07/2003 14:38:25.00 EXHIBIT A All that tract or parcel of land containing 153.44 acres, more or less, situate, lying and being in the State of Georgia I being in the County of Richmond shown and designated upon a plat thereof prepared by James G. Swift & Associates for Trotter Realty Co. on June, 1987 and on a compiled plat thereof prepared for Trotter Realty Co. on September 2, 1986, reference being made to said plats for a more' complete and accurate description uf tile metes, bounds and location of said property, This property is more fully described as follows: Commencing at an iron pin which is located on the western right of way of Crosscreek Road at the northeastern corner of Lot 11, Block 0, Section 2, Phase I of Quail Ridge Subdivision as shown upon a plat. thereof recorded in the Office of the Clerk of Superior Court, Richmond County, Georgia, on Realty Reel 250, Pages 1710-1715; with the point of beginning thus established, thence Na80 DO' 07"W for a distance of ISO' to an iron pin; thence NOlO 59' 53"E fol' a distance of 970,57' to an iron pin; thence N710 33' 28"W for a distance of 85,02' to an iron pin; thence N020 00' 52"E for a distance of 686,58' to an iron pin; thence S86C, 13' 51"E for a distance of 716.27' to an iron pin; thence S210 491 47"E for a diet <:::.llCS 85.271 to l.: :1 i rO~1 pin; t :.cllce 8590 02' 10 I' l"i [or a disLallce of 60' to an iron pin; thence S850 161 48"E ror a distance oE 190,62' to an iron pin; thence 8050 31' 02"E for a distance of 75.02' to an iron pi.n; thence N750 21' 41"E for a distance of 124.10' to an iron pin; thence SS60 26' OOIlE for a distance of 40' 1 '. ' Book 00848:1674 Augusta - Richmond County 200301174204/07/2003 14:38:25.00 to an iron pin; thence 8850 311 02"E for a distance of 1255.0'; thence 8080 12' OO"W for a distance of 328.78' to an iron pin; thence 8740 09' OO"E for a distance of 1251 to an iron pin; thence 8570 27' OO"E for a distance of 278.19' to an iron pin; thence 8870 16' 25"E for a distance of 105.11' to an iron pin; thence 8220 45' 04"E for a distance of 168.07' to an iron pin on the northwestern right of way of Crosscreek Road; thence 8630 26 I 06"\-'1 for a distance of 44.72' to an iron pin; thence S250 56' 32'IE for a distance of 205.73' to an iron pin; thence S450W for a distance of 82.02' to an iron pin; thence S090 48' 41"W for a distance of 539.901 to an iron pin; thence 8100 03' 39"E for a distance of 314.84' to an iron pin; thence 819020' 05"E for.a distance of 302.03' to an iron pin; thence 8320 06' 23"E for a distance of 301. 03' to an iron pin; thence 8040 17' 06"W Ear a distance of 200.56' to an iron pin; thence 8340 59' 31"W for a distance of 549.30' to an iron pin; thence 8260 12' 41"E for a distance of 72,45' to an iron pin; thence N750 521 OlliE for a distance of 286.68' to an iron pin; thence 8740 34' 12"E for a distance of 140.69' to an iron pin; thence 8290 56' 31"8 for a distance of 144.25' to an iron pin; thence 8610 57' 07"~'1 for a distance of 654.71' to an iron pin; thence 8070 49' 51"E for a distance of 75.74' to an iron pin; thence 8400 26' 12"E for a distance of ;..~:L.O~: tu an iron pin; thence 8300 18' 40"W for a distance of 75.29' to an iron pin; thence 8280 46' 04 "E for a distance of 290.90' to an iron pin; thence 8730 18' 03"8 for a distance of 1J4.40' to an iron pin; thence 840043' 56"E for a distance of 2 '. Book 00848:1675 Augusta - Richmond County 200301174204/07/2003 14:38:25.00 237.54' to an iron pin; thence 8500 241 28"W for a distance of 361.09' to an iron pin; thence N430 23' 28"W for a distance of 137.78' to an iron pin; thence N610 331 25"W for a distance of 272.95' to an iron pin; thence N120 52' 30"W for a distance of 179.511 to an iron pin; thence N490 11' 06"W for a distance of 3 75.001 to an iron pin; thence N640 44 I 05 "W for a distance of 135,48' to an iron pin; thence 8330 21' 59"W for a distance of 66.83' to an iron pin; thence N560 38' 01"W for a distance of 134.381 to an iron pin; thence 8640 511 19"\1 for a distance of 108.26' to an iron pin; thence N600 24' 44"\'1 for a distance of 135.691 to an iron pin; thence 833041' 24"W for a distance of 21,63' to an iron pin; thence N530 191 04"W for.a distance of .. 122.20' to an iron pin; thence N170 11' 09"W for a distance of 101.53 I to an iron pin; thence 8880 41' 53 "W for a distance of 44.01' to an iron pin; thence N380 571 21"W for a distance of 120.88' to an iron pin; thence N110 18' 36"i~ for a distance of 61.19' to an iron pin; thence N520 27' 38"W for a distance of 119.81' to an iron pin; thence N050 35' 58"E for a distance of 102.49' to an iron pin; thence N620 19' OB"W for a distance of 2 75.541 to an iron pin; thence N750 49' 40 "W for a distance of 102.11' to an iron pin; thence 8640 031 28 "W for a distance of 41.15' to an iron pin; thence N720 491 55 "W for a distance of 128.74 i to an iron pin i thence 8760 12' 02"\'1 for a distance of 58.69' to an iron pin; thence N720 40' 33"W for a distance of 114.18' to an iron pin; thence N340 46' 40"W for a distance of 43.85' to an iron pin; thence 8740 39' OO"W for a distance of 3 Book 00848:1676 Augusta - Richmond County 200301174204/07/2003 14:38:25.00 52,89' to an iron pin; thence N630 06' 42"W for a distance of 229.87' to an iron pin; thence N48C' 48' 51"W for a distance of 63.781 to an iron pin; thence N210 05' 32"i'[ for a distance of 75.031 to an iron pin; thence 8670 29' 47"W for a distance of 151.54' to an iron pin; thence 822022' 48"W for a distance of 91.92' to an iron pin; thence 8550 17' 03 "\'1 for a distance of 151.16' to an iron pin; thence 8890 II' 58"W for a distance of 137.14' to an iron pin'; thence N020 45' 52"8 for a distance of 488.89' to an iron pin; thence 8850 09' 08"E for a distance of 312.15' to an iron pin; thence 8560 511 19"E for a distance of 68.71' to an iron pin; thence N490 12' 261E; for a distance of 31.56' to an iron pin; thence 881056' 38"E for'a distance of 348.72' to an iron pin; thence N830 071 06"E for a distance of 162.311 to an iron pin; thence N660 29' 46"E for a distance of 63.07' to an iron pin; thence 8720 39' 48"8 for a distance of 297' to an iron pin; thence 836016' 58"E for a distance of 72.401 to an iron pin; thence N730 OS' 16"E for a distance of 502.0' to an iron pin; thence 816054' 44"E for a distance of 159.07' to an iron pin; thence N610 13' 21"E for a distance of 238.38' to an iron pin; thence N330 59' 34"W for a distance of 67.99' to an iron pin; thence N30u 35' 51"E for a distance of 295.67' to an iron pin; thence N170 01' 18"W for a distance of 22.01 to a.n j ron pj!1 i thence 1~270 58' 42"E for a distance of 284.99' to an iron pin; thence N48C 51' 37"\-'1 for a ciistance of 121.401 to an iron pin; thence 8880 20' l6"W for a distance of 63.611 to an iron pin; thence N37" 40 I 07"v{ fur a distance of 121. 16' to an iron pin i thence I'H50 17 I 35" W for 4 Book 00848:1677 Augusta - Richmond County 200301174204/07/2003 14:38:25.00 a distance of 65.82' to an iron pin; thence 8660 18' 21"VJ for a distance of 61.21' to an iron pin; thence N620 01' 18"\>1 for a distance of 290' to an iron pin; thence NI00 08' 24"E for a distance of 65.29' to an iron pin; thence N270 58' 42"E for a distance of 388.37' to an iron pin; thence N620 aI' 18"VJ for a distance of 40 I to an iron pin; thence N270 58' 42"E for a distance of 140' to an iron pin; thence 8620 aI' 18"E for a distance of IS' to an iron pin; thence N270 58' 42"E for a distance of 190' to an iron pin; thence N620 aI' 18"W for a distance of 680.0' to an iron pin; thence N680 30 I 07"W for a distance of 102.61' to an iron pin; thence N770 59' 48"W for a distance of 113.51' to an iron pin; thence S810 01' 04 "W for a d'::"stance of 113.54 I to an iron pin; thence 8720 53' 50"W for a distance of 288.38' to an iron pin; thence 862033' 15"W for a distance of 118.45' to an iron pin; thence 8440 35' 23 "W for a distance of 119.93' to an iron pin; thence 8210 381 2211W for a distance of ll9.93' to an iron pin; thence 8060 57' 42"~'1 for a distance of 109.33' to an iron pin; thence 8010 591 35"W for a distance of 196.95' to an iron pin; thence 8090. 02' 37"E for a distance of 139.72' to an iron pin; thence N880 00' 07"W for a distance of 236.76' to the point of beginning. 5 Book 00848:1678 Augusta - Richmond County 200301174204/07/2003 14:38:25.00 EXHIBIT "A" CONTINUED LESS AND EXCEPT FROM THE FOREGOJNG PROPERTY: A. ALL those tracts or parcels of land, together with any improvements thereon, situate, lying and being in Richmond County, Georgia, containing 14.60 acres and 5.54 acres more fully shown and designated upon plats thereof recorded on Realty Reel 629, pages 1295, 1297- 1298. ALSO B. ALL those tracts or parcels of land, together with all improvements thereon, situate, lying and being in the State of Georgia, County of Richmond, containing 7.12 acres, 1.23 acres and 12.95 acres all ofwruch are referenced in a deed dated January 29, 1998 from Trotter Realty Co. to NordaW and Company recorded in the Office of the Clerk of Superior Court, Richmond County, Georgia, on Realty Reel 584, page 130. The foregoing deed makes reference to plats which, through inadvertence, were not recorded on the records of Richmond County. The 7.12 and 1.23 acre parcels are shown upon a plat thereof dated December 29, 1997 prepared by '\'\T. R. Toole Engineers, Inc. for NordaW and Company, Inc. to which referenced is hereby made. These parcels are more fully described as follows: Commencing at a #4 Rebar set at the Northeastern terminus of Cross Creek Road shown on a plat of Section 2, Phase I of Quail Ridge Subdivision recorded in the Office of Clerk of Superior Court, Riclunond County, Georgia, on Realty Reel 250 at pages 1710-1715; with the POINT OF BEGINNING being thus established, thence N 87' 55'41" W for a distance of 70.00 feet across the right-of-way of Cross Creek Road to a #4 Rebar set; thence N 01 '02'00" E for a distance of 13.97 feet to a #4 R.F.; thence N 81'55'31" W for a distance of 149.68 feet to a #4 R.F.; thence N 01 '54'34" E for a distance of688.33 feet to a #4 R.S.; thence N 01 '54'34" E for a distance of267.:'\1 feet to a #4 R.S.; tnpl1cf. N 16'09'24" V..,r for a distance of6:'\.04 feet to a #4 R.S.; thence N 78' 17'56" E for a distance of 148.56 feet to a #4 R.S.; thence S 41 '27'11" E for a distance of 188.50 feet to a #4 R.S.; thence S 27'09'27" E for a distance of189.84 feet to a #4 R.S.; thence along the arc of a circle having the radius of 450 feet and an arc length of I 1 feet and a chord having a bearing of N 56' 36'42" E and a chord distance of 11 feet to (l #4 R.S.; thence S 27'09'28" E for a distance of 50.26 feet to a #4 R.S.; thence along the arc of a circle having a radius of 400 feet and an arc length of 16.88 feet measured on a chord bearing of S 55'24'32" Wand a chord length of 16.88 feet to a #4 R.S.; thence S 38'45'53" E for a distance of 143.19 to a #4 . . '.' Book 00848:1679 Augusta - Richmond County 200301174204/07/2003 14:38:25.00 R.S.; thence S 44'45'21" W for a distance of71.38 feet to a #4 R.F.; thence S 21 '27'1 0" VV for a distance of 119.98 feet to a #4 R.F.; thence S 07'01'07" W for a distance of 109.46 feet to a #4 R.F.; thence S 01 '59'55" W for a distance of81.95 feet to a #4 R.F.; thence S 02'00'04" W for a distance of 114.92 feet to a #4 R.F.; thence S 08'58'10" E for a distance of ]39.72 feet to a #4 R.F.; thence N 87'55'39" VlT for a distance of 166.76 feet to the POINT OF BEGJN},1NG. ALSO ALL that tract or parcel ofland, together "vith any improvements thereon, situate, lying and being in Richmond County, Georgia, containing 12.95 acres which is more fully shown upon a plat thereof prepared by Walter A. Bell dated December 28, 1997 to which reference is made in that certain Warranty Deed from Trotter Realty Co. to Nordahl and Company dated January 29, 1998 recorded on Realty Reel 584, page 130. The 12.95 acre tract is more fully described as follows: Commencing at an iron pin located at the Northeast corner of Lot 1, Block M, Section 2, Phase II of Quail Ridge Subdivision shown upon a plat thereof recorded in the Office of the Clerk of Superior Court, Richmond County, Georgia, on Realty Reel 298, page 1746-1751; with the POINT OF BEGINNING being thus established, thence S 65' 10'07" E for a distance of 730 feet to an iron pin; thence S 29'07'26" W for a distance of826.05 feet to an iron pin; thence N 48'51'37" \V for a distance of 12 1.40 feet to the Eastern right-of way of \Voodcock Drive; thence S 88'20'16" VlT for a distance of 63.61 feet across Woodcock Drive to an iron pin; thence N 57'40'07" W for a distance of 121.16 feet to an iron pin; thence N 15' 17'3 5" W for a distance of65.82 feet to aniron pin; thence S 66'18'21" \V for a distance of61.21 feet to an iron pin; thence N 62' 01' 18" W for a distance of 2 90 feet to an iron pin; thence N 10'08'14" E for a distance of65.29 feet to an iron pin; thence N 27'58'42" E for a distance of388.3 7 feet to an iron pin; thence N 62'01'18" W for a distance of 40 feet to an iron pin; thence N 27'58'42" E for a distance of ]40 feet to the right-of-way of Cross Haven Drive; thence S 62'01'18" E for a distance of 15 feet along the right-ofway of Cross Haven Drive; thence N27'58'42" E for a distance of190 feet to the POINT OF BEGINNING. The plat by Walter A. Bell also shows a storm water retention area along the Southeastern hounclC'lry of this 12.95 acre parcel The Property conveyed by this deed ws acquired by Trotter Realty Co. from Lofco, Inc. in a series of conveyances. . . . . . ~ ., Book 00848:1680 Augusta - Richmond County 200301174204/07/2003 14:38:25.00 ALSO ALL that tract or parcel of land, together with all improvements thereon, situate, lying and being in Richmond County, Georgia, containing 4.439 acres shown as Tract "A" on a plat dated December 21, 1999, prepared by James G. Swift & Associates for the Augusta Commission which plat is recorded herewith. , ... -:0. '- %" '1> .~ ... '\. ~ (l I c;) ~ :x: Ci CIl -.J-a (') .~ l"J 8 U 8 - ~; ~~ ? ~ UOSU . ~ UU'-.--c-:' ~~_~aU!eI3 ~~ Aluno:) "~~~~"' EUUGi LeiVa .~ . 401~ - Bjsn6nv . ~ I 0011I0 SI41 UI pOJl~ ~. ;' ~: __h... ~./ . .>/,'/. -"- ~.;' . --....--'. ,~. 1--. .~,' ~--- ~" / ~ . .@f ",. ~ I ~ / .!. I / ~ j , ~' / ! ; 1------ ,: , ----1 / 70' --- ~: CROSSCREErw ROliD ----- . -'--r .. I--~ \ ' : iI. r ~. . I +, ..... ..... "I'J.>".(~ '"";".. 4"::'P}.)o~.J" Nod'... ~+-...-l!' ~1i~~~<l'.>.i. ~ Co. '''4 a..~~~C'<l.. -:-r..-..."":.. ""''0. '''!- "', oo:::ll 68 :..L...;. . ::d~ C'l.., l(~ ,!~ .~... ~.':t::i I : I~ ~.~ ~ ~~ 00. .~ ' ~. a t;I:j" ~ 'I~~>.~ .., 2:~::j E . ~.-<o '~ . tI.l 2: 00 ~~ ) ;jO ::d~ ~ ~ , ............ .......... ..........." , -II , ' , ~ '4f.p 'cq, ~""1' ", "', ~ J ~ s , ~ DO'9Z:g~:v~ ~OOZILOlvO ZvL~ ~O~OOZ Alun08 PUOWlj::lICl- elsn6nv (; '099~:gv900 >\008 I /,?- '. I , .. ' ; . . "-', , " ~. ' .. RETURN TO: JAMES B. WALL, City Attorney P.O. Box2125 454 Greene Street Augusta, GA 30903 Book 008461486 Augusta - Richmond County 200301040903/27/200316:18:25.00 $000 WARRANTY DEED 1 lllp_ Pi!! !!W_!!'"l!!!! ~'lIllll!! I!!!I 1lIIIIIIJI "" '"' 11111111111111111111111111111111 11111 11111 1I11111iil 11111111 2003010409 Augusta - Richmond County STATE OF GEORGIA ) ) WARRANTY DEED COUNTY OF RICHMOND ) lr! THIS INDENTURE, made the J!'L day of March 2003, between TROTTER FAMILY PARTNERSHIP, a general partnership composed of WILLIAM A. TROTTER, ill, T. BARRETT TROTTER, J. DAVIS TROTTER and JANE T. NICHOLS (hereinafter referred to as "Grantors"), and AUGUSTA, GEORGIA (hereinafter referred to as "Grantee") ("Grantors" and "Grantee" to include their respective successors, legal representatives and assigns where the context requires or permits). WITNESSETH: Grantors, in consideration of the sum of$130,000.00 cash in hand paid by the Grantee to the Grantors and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, has granted, bargained, sold, aliened, conveyed and confirmed, and does hereby grant, bargain, se\1, alien convey and confirm unto Grantee all that tract or parcel of land located in Augusta, Georgia containing 16.25 acres included in the property more particularly described on Exhibit "A" attached hereto and by reference made a part of this Warranty Deed. The 16.25 acre parcel is shown as "Parcel AA" on a revised plat prepared by James G. Swift & Associates (the "Property"). , ' t-} , .. - ( " Book 00846:1487 Augusta - Richmond County 200301040903/27/2003 16: 18:25.00 This conveyance is made subject to the Georgia Greenspace Program Grant Award Agreement, dated June 12, 2001, by and between the State of Georgia, Department of Natural Resources, and Augusta, Georgia; said Agreement being filed of record in the Office of the Clerk of the Superior Court for Richmond County, Georgia at Realty Book 755, pages 935-947. Grant funds under said Grant Agreement have been used in acquisition of the above described property, and the State of Georgia is a third-party beneficiary of said Grant Agreement, and has a right to require specific performance of said Grant Agreement and require that the property be returned to the use as provided in said Grant Agreement. TO HA VB AND TO HOLD the Property, together with all and singular the rights ways and appurtenances thereof, to the same being, belonging, or in anywise appertaining, to the only proper use, benefit and behoof of Grantee forever in FEE SIMPLE AND GRANTOR WILL WARRANT and forever defend the right and title to the property unto Grantee against the claims of any persons owning, holding or claiming by, through or under Grantor and all and every other person or persons. IN WITNESS WHEREOF, the said grantor has hereunto caused these presents to be executed the day and year first above written. Signed sealed and delivered in the presence of: U~i~~ ~2Y!~ Not Public, ~. ~,\\\\\\\\\l~}d:' State of Georgia ~~ V'\eth P. I..~ ~ ~ O~""'..'" 'Y.. ~ f~"" My 't:~sion expires: /J!1.:3 :: : NOT"''''V ,~~ -a 3i . ~ .U1 C ~ ~ PUBLIC J ~ ~~. l; ~~.... ...'. ~ ~ ...........,'!)o.. ~ ~ \!J'.~ ~.(II~ CO.. ~\~ 1/f11.' Jall""\\\\: \ a. ~ (s~a1) ) William A. Trotter, III ) ) ) T. BARRETT TROTTER, 1. DAVIS ) TRO TER and JANE T. NICHOLS ) ~ B. ~~~al) ) William A. Trotter, III, their agent and attorney-in-fact evidenced by Special Powers of Attorney recorded herewith. " \ ... Book 00846:1488 Augusta - Richmond County 2003010409 03/27/2003 16: 18:25.00 EXHIBIT A All that tract or parcel of land containing 153,44 acres, more or less, situate, lying and being in the State of Georgia, being in the County of Richmond shown and designated upon a plat thereof prepared by James G. Swift & Associates for Trotter Realty Co, on June, 1987 and on a compiled plat thereof prepared for Trotter Realty Co. on September 2, 19B6, reference being made to said plats for a more' complete and accurate description of the ;metes, bounds and location of said property. This property is more fully described as follows: Commencing at an iron pin which is located on the western right of way of Crosse reek Road at the northeastern corner of Lot 11, Block D, Section 2, Phase I of Quail Ridge Subdivision'as shown upon a plat,thereof recorded in the Office of the Clerk of Superior Court, Richmond County, Georgia, on Realty Reel 250, Pages 1710-1715; with the point of beginning thus established, thence Nf~Bo 00' 07"W for a distance of 150' to an iron pin; thence NOlO 59' 53"E for a distance of 970.57' to an iron pin; thence N710 33' 28"W for a distance of 85,02' to an iron pin; thence N020 00' 52"E for a distance of 686.58' to an iron pin; thence S86'" 13' 51"E for a distance of 716.27' ,to an iron pin; thence 8210 49' 4711E for a distance 85.271 to an iron pin; thence S590 02' 10"W for a distance of 60' to an iron pin; thence S850 16' 4811E for a distance o:E 190.62' to an iron 1>in; thence 8050 31' 02"E for a distance of 75,02' to an iron pi.n; thence N750 211 41"E for a distance of 124.io' to an iron pin; thence 8560 261 OOIlE for a distance of 40' 1 Book 008461489 Augusta - Richmond County 2003010409 03/27/2003 16: 18: 25.00 to an iron pin; thence 8850 311 02"E for a distance of 1255.0'; thence 8080 12 I OOIlW for a distance of 328.781 to an iron pin; thenc~ 8740 09' OOIlE for a distance of 125' to an iron pin; thence S570 27' OOIlE for a distance of 278.79' to an iron pin; thence S870 16' 2511E for a distance of 105.11' to an iron pin; thence 8220 45' 0411E for a distance of 168.07' to an iron pin on the northwestern right of way of Crosscreek Road; thence 8630 26' 06"W for a distance of 44.72 I to an iron pin; thence S250 56 I 3211E for a distance of 205.73' to an iron pin; thence S450W for a distance of 82.021 to an iron pin; thence S090 481 4111W for a distance of 539.90' to an iron pin; thenc~ S100 03' 39"E for a distance of 314.84' to an iron pin; thence 819020' 0511E for.a distance of 302.03' to an iron pin; thence 8320 06' 2311E for a distance of 301.03' to an iron pin; thence 8040 17' 0611W for a distance of 200.56' to an iron pin; thence 8340 59,' 3111W for a distance of 549.30' to an iron pin; thence 8260 12 I 41" E for a distance of 72.451 to an iron pin; thence N750 52' OlliE for a distance of 286.68' to an iron pin; thence 8740 34' 1211E for a distance of 140.69' to an iron pin; thence 8290 56 I 31118 for a distance of 144.25' to an iron pin; thence 8610 57' 0711W for a distance of 664.711 to an iron pin; thence 8070 49 I 5111E for a distance of 75.741 to an iron pin; thence 8400 26' 1211 E for a distance of , 151.09' to an iron pin; thence 8300 18' 40llW for a distance 'or 75.29' to an iron pin; thence 8280 46 I 04"E for a distance of 290.90' to an iron pin; thence 8730 18' 0311E for a distance of 104.40' to an iron pin; thence 840043' 5611E for a distance of 2 \ " Book 00846:1490 Augusta - Richmond County 200301040903/27/2003 16:18:25.00 237.54' to an iron pin; thence 850024' 28"W for a distance of 361.09' to an iron pin; thence N430 23 I 28"W for a distance of 137.78' to an iron pin; thence N610 33 I 25"W for a distance of 272.95' to an iron pin; thence N120 52' 30"W for a distance of 179.51' to an iron pin; thence N4 9 0 II' 0611W for a distance of 375.00' to an iron pin; thence N640 44' 0511W for a distance of 135.48' to an iron pin; thence 8330 21' 5911W for a distance of 66.83' to an iron pin; thence N560 38' 01"W for a distance of 134.38' to an iron pin; thence 8640 511 19"W for a distance of 108.26' to an iron pin; thence N600 24' 4411W for a distance of .135.69' to an iron pin; thence 833041' 24"W for a distance of 21.63' to an iron pin; thence N530 19' 04 "W for. a distance of .. 122.20' to an iron pin; thence N170 II' 09"W for a distance of 101.53' to an iron pin; thence 8880 41' 53"W for a distance of 44.011 to an ~ron pin; thence N380 57' 2111W for a distance of 120.88' to an iron pin; thence N110 18' 36"W for a distance of 61.19' to an iron pin; thence N520 27' 38"W for a distance of 119.81' to an iron pin; thence N050 35' 5811E for a distance of 102.49' to an iron pin; thence N620 19 I 0811W for a distance of 275.54' to an iron pin; thence N750 49' 40llW for a distance of 102.11' to an iron pin; thence 8640 03 I 2811W for a distance of 41.15' to an iron pin; thence N720 49' 5511W for a distance of 128.74 I to an iron pin; thence 8760 12' 0211W for a distance :of 58.69' to an iron pin; thence N720 40' 3311W for a distance of 114.18' to an iron pin; thence N340 46' 40llW for a distance of 43.85' to an iron pin; thence 8740 39 f OOIlW for a distance of 3 " , ' Book 00846:1491 Augusta - Richmond County 2003010409 03/27/2003 16: 18: 25,00 52.891 to an iron pin; thence N630 06' 42"W for a distance of 229.8'71 to an iron pin; thence N480 481 51"W for a distance of , 63.78' to an iron pin; thence N210 OS' 32"W for a distance of 75.03' to an iron pin; thence 8670 29' 47"W for a distance of 151. 541 to an iron pin; thence 8220 22' 48"W for a distance of 91.92' to an iron pin; thence 8550 17' 0311W for a distance of 151. 16 ' to an iron pin; thence 8890 111 58"W for a distance of 137.14' to an iron pin' ; thence N020 45 I 5211E for a distance of 488.89' to an iron pin; thence 8850 09' 08"E for a distance of 312.15' to an iron pin; thence 8560 51' 19"E for a distance of 68.71' to an iron pin; thence, N490 12' 261E for a distance of 31. 56 ' to an iron pin; thence 8810 56' 38"E for"a distance of 348.72' to an iron pin; thence N830 07' 06"E for a distance of 162.31' to an iron pin; thence N660 29' 4611E for a distance of 63.07' to an iron pin; thence 8720 39' 48"E for a distance of 297' to an iron pin; thence 8360 16' 58ltE for a distance of 72.40' to an iron pin; thence N730 OS' 16"E for a distance of 502.0' to an iron pin; thence 8160 54 I 44"E for a distance of 159.07' to an' iron pin; thence N610 13' 21"E for a distance of 238.381 to an iron pin; thence N330 59' 3411W for a distance of 67.99' to an iron pin; thence N30a 35' 51"E for a distance of 295.67' to an iron pin; thence N170 01' 18"W for a distance of 22.0' to an iron pin; thence N270 58' 4211E for a distance of 284.99' to an iron pin; thence N~8O 51' 37"W for a distance of 121.401 to an iron pin; thence 8880 20' 16"W for a distance of 63.61' to an iron pin; thence N570 40' 07"W for a distance of 121.16' to an iron pin; thence N150 17' 35ltW for 4 ^, \ ., Book 00846: 1492 Augusta - Richmond County 2003010409 03/27/2003 16: 18:25.00 a distance of 65.821 to an iron pin; thence 8660 181 21"W fo~ a distance pf 61.211 to an iron pin; thence N620 011 18"W for a distance of 2901 to an iron pin; thence N100 08 I 24"E for a distance of 65.29' to an iron pin; thence N270 58 I 4211E for a distance of 388.37' to an iron pin; thence N620 01\ 1BIIW for a distance of 40' to an iron pin; thence N270 58' 4211E for a distance of 140' to an iron pin; therice 8620 011 18"E for a distance of IS' to an iron pin; thence N270 581 42"E for a distance of 190' to an 5 " ~ Book 00846:1493 Augusta - Richmond County 200301040903/27/200316:18:25.00 EXHIBIT "A" CONTINUED LESS AND EXCEPT FROM THE FOREGOING PROPERTY: A. ALL those tracts or parcels ofland, together with any improvements thereon, situate, lying and being in Richmond County, Georgia, containing 14.60 acres and 5.54 acres more fully shown and designated upon plats thereof recorded on Realty Reel 629, pages 1295, 1297- 1298. ALSO B. ALL those tracts or parcels of land, together with all improvements thereon, situate, lying and being in the State of Georgia, County of Richmond, containing 7.12 acres, 1.23 acres and 12.95 acres all of which are referenced in a deed dated January 29, 1998 from Trotter Realty Co. to Nordahl and Company recorded in the Office of the Clerk of Superior Court, Richmond County, Georgia, on Realty Reel 584, page 130. The foregoing deed makes reference to plats which, through inadvertence, were not recorded on the records of Richmond County. The 7.12 and 1.23 acre parcels are shown upon a plat thereof dated December 29, 1997 prepared by W. R Toole Engineers, Inc. for Nordahl and Company, Inc. to which referenced is hereby made. These parcels are more fully described as follows: Commencing at a #4 Rebar set at the Northeastern terminus of Cross Creek Road shown on a plat of Section 2, Phase I of Quail Ridge Subdivision recorded in the Office of Clerk of Superior Court, Richmond County, . Georgia, on Realty Reel 250 at pages 1710-1715; with the POINT OF BEGINNING being thus established, thence N 87"55'41" W for a distance of 70,00 feet across the right-of-way of Cross Creek Road to a #4 Rebar set; thence N 01'02'00" E for a distance of 13,97 feet to a #4 RF.; thence N 87"55'31" W for a distance of 149.68 feet to a #4 RF,; thence N 01'54'34" E for a distance of688.33 feet to a #4 RS.; thence N 01'54'34" E for a distance of267.51 feet to a #4 RS.; thence N 16'09'24" W for a distance of65.04 feet to a #4 RS.; thence N 78'17'56" E for a distance of148.56 feet to a #4 R.S.; , thence S 41'27'11" E for a distance of 188.50 feet to a #4 RS.; thence S . 27"09'27" E for a distance of 189.84 feet to a #4 R S.; thence along the arc of a circle having the radius of 450 feet and an arc length of 11 feet and a chord having a bearing ofN 56'36'42" E and a chord distance of 11 feet to a #4 R.S.; thence S 27"09'28" E for a distance of 50.26 feet to a #4 R.S.; thence along the arc of a circle having a radius of 400 feet and an arc length of 16.88 feet measured on a chord bearing of S 55'24'32" W and a chord length of 16.88 feet to a #4 R.S.; thence S 38'45'53" E for a distance of 143.19 to a #4 Book 00846:1494 Augusta - Richmond County 200301040903/27/2003 16: 18:25.00 R.S.; thence S 44'45'21" W for a distance of71.38 feet to a #4 R.F.; thence S 21 '27'10" W for a distance of 119.98 feet to a #4 RF.; thence S 07'01'07" W for a distance of 109.46 feet to a #4 R.F.; thence S 01 '59'55" W for a distance of81.95 feet to a #4 R.F.; thence S 02'00'04" W for a distance of 114.92 feet to a #4 R.F.; thence S 08'58'10" E for a distance of 139.72 feet to a #4 R.F.; thence N 87'55'39" W for a distance of 166.76 feet to the POINT OF BEGINNING. ALSO ALL that tract or parcel ofland, together with any improvements thereon, situate, lying and being in Richmond County, Georgia, containing 12.95 acres which is more fully shown upon a plat thereof prepared by Walter A. Bell dated December 28, 1997 to which reference is made in that certain Warranty Deed from Trotter Realty Co. to Nordahl and Company dated January 29, 1998 recorded on Realty Reel 584, page 130, The 12.95 acre tract is more fully described as follows: Commencing at an iron pin located at the Northeast corner of Lot 1, Block M, Section 2, Phase II of Quail Ridge Subdivision shown upon a plat thereof recorded in the Office of the Clerk of Superior Court, Richmond County, Georgia, on Realty Reel 298, page 1746-1751; with the POINT OF BEGINNING being thus established, thence S 65' 10'07" E for a distance of 730 feet to an iron pin; thence S 29'07'26" W for a distance of826.05 feet to an iron pin; thence N 48'51'37" W for a distance of 121.40 feet to the Eastern right-of way of Woodcock Drive; thence S 88'20'16" W for a distance of 63.61 feet across Woodcock Drive to an iron pin; thence N 57' 40'07" W for a distance of 121. 16 feet to an iron pin; thence N 15' 1 7'3 5" W for a distance of65.82 feet to an iron pin; thence S 66' 18'21" W for a distance of61.21 feet to an iron pin; thence N 62'01'18" W for a distance of290 feet to an iron pin; thence N 10'08'14" E for a distance of65.29 feet to an iron pin; thence N ' 27'58'42" E for a distance of388.37 feet to an iron pin; thence N 62'01'18" W for a distance of 40 feet to an iron pin; thence N 27'58'42" E for a distance of 140 feet to the right-of-way of Cross Haven Drive; thence S 62'01'18" E for a distance of 15 feet along the right-of way of Cross Haven Drive; thence N27'58'42" Efor a distance of190 feet to the POINT OF BEGINNING. The plat by Walter A. Bell also shows a storm water retention area along the Southeastern boundary of this 12.95 acre parcel. The Property conveyed by this deed ws acquired by Trotter Realty Co. from Lofco, Inc. in a series of conveyances. Book 00846: 1495 Au us' . 200301 0409 03J27~~O~~h~6~~ ~~2~~ 00 ALSO ALL that tract or parcel of land, together with all improvements thereon, situate, lying and being in Richmond County, Georgia, containing 4.439 acres shown as Tract "A" on a plat dated December 21, 1999, prepared by James G. Swift & Associates for the Augusta Commission which plat is recorded herewith. ~ .....~ ..~ .'.~ .,~/ ,~ ./ .~ " /" ,'.. .~. / ,-/CC/<-// . --,-<,~~i .~' ' - . .~..~.~,. /" . I ---- ,~!::. i / ~.: I ~ / I "I / 'i I " ~ I , 1----- I: I . -~--__1 / 70 I R ' --- " CROSSCRE~ ~___ _n' ROA~ . ' ,..,,' ".\ ' .' ! .,.---- . " I , ~. . ".j. +'. ...... ....' "l'<\,.,r~ ""'-'r. Qr.:.~)- ..p~~ "'d'~ "'~~ '~~~~~'f.>.r. ,.~ '~q".~~ "~('''''''' %~...~ '" ",Qt ... c::> ..... ~ ... ..", ~ %\ .,. q.. '\. ~ ~ I '" .!:,~' 8~ ..~ .. ~ ~. , 8 . () i; 8 ~ 'ij ::t () g ?~ '\.. , ~ '>If", " ~ ~~ r, ....'\. l..A-1I .!, lllI a: ~ .~ ml tll ::J m o C- O ::J' ::J (f) o ::J .,.>11 .)oJ c -, ;::s (Cl CD --.j C Q. -- (/) -' v......::J ::Jtll...... ::J ' ::J' :;J :;IJ (fl' 0;00 ,. ::J' :=!1 --'30 Q:lOm N::J (J10- 60 00 C :J .:z ~ j ~ ~ I ~ '-~ . -........... "'-,." I 00'9Z:9~ :9~ r,OOZILZ/r,o 60t70~0f;00G ^lun00 puowlPiCl - elsn6nV 96tn:~I7Qnn ~n()a . . , . , Book 00846: 1475 Augusta - Richmond County 200301040803(27/200316:18:24.01 $0.00 DEED OF GIFT I iiilli Ili/liilll iiiii IIIli Wi/lliII Wli iiiij iiiillili Iii! 2003010408 Augusta - Richmond County I' t I .- RETURN TO: JAMES B. WALL, City Attorney P.O. Box 2125 454 Greene Street Augusta, GA 30903 STATE OF GEORGIA ) ) COUNTY OF RICHMOND ) DEED OF GIFT THIS INDENTURE, made the ~ day of March 2003, between TROTTER FAMILY PARTNERSHIP, a general partnership composed of WILLIAM A. TROTTER, ill, T. BARRETT TROTTER, J. DAVIS TROTTER and JANE T. NICHOLS (hereinafter referred to as "Grantors"), and AUGUSTA, GEORGIA (hereinafter referred to as "Grantee") ("Grantors" and "Grantee" to include their respective successors, legal representatives and assigns where the context requires or permits). WIT N E SSE T H: Grantors, in consideration of the public benefit to be derived by the Grantee and its citizens and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, has granted, bargained, sold, aliened, conveyed and confirmed, and does hereby grant, bargain, sell, alien convey and confirm unto Grantee all that tract or parcel of land located in Augusta, Georgia containing 95.75 acres being more particularly described on Exhibit "A" attached hereto and by reference made a part of this Deed of Gift (the "Property"). . . Book 00846:1476 Augusta - Richmond County 200301040803/27/2003 16:18:24.01 , . . . This conveyance is made subject to the Georgia Greenspace Program Grant Award Agreement, dated June 12, 2001, by and between the State of Georgia, Department of Natural Resources, and Augusta, Georgia; said Agreement being filed of record in the Office of the Clerk of the Superior Court for Richmond County, Georgia at Realty Book 755, pages 935-947. Grant funds under said Grant Agreement have been used in acquisition of the above described property, and the State of Georgia is a third-party beneficiary of said Grant Agreement, and has a right to require specific performance of said Grant Agreement and require that the property be returned to the use as provided in said Grant Agreement. TO HA VB AND TO HOLD the Property, together with all and singular the rights ways and appurtenances thereof, to the same being, belonging, or in anywise appertaining, to the only proper use, benefit and behoof of Grantee forever in FEE SIMPLE AND GRANTOR WILL WARRANT and forever defend the right and title to the property unto Grantee against the claims of any persons owning, holding or claiming by, through or under Grantor and all and every other person or persons. IN WITNESS WHEREOF, the said grantor has hereunto caused these presents to be executed the day and year first above written. Signed sealed and delivered in the presence of: ~ii~ ~~ ~,,\\\III)l1/1111 . ~"\\'\ nt-,~ll~ State of Georgia ~ ",,6 . I~. ~... ~ 0............... 'Y", r~ ~ J ~ ~ ." ""v~ ~ :2:fJ I df /.:i $ 1.iJ/ NOMv c~~sion expires: - . l:'AAv.(/) is i : ~: - ~ ~ PUf3l1C j ~ :;;, ~r :;::: ~'. .',It' """~. . a ~ "'. ..' ~ 6. .. ~ ~....... -~ ~ ~ I,!J'_~ ~/I 0:>.. ~~ 7111111: t:1II"\\\\\~ ) ~-. ---- \ 7 ) / ~.AJo- C-' ~ (Seal) ) William A. Trotter, III ) ) ) T. BARRETT TROTTER, J. DAVIS ) TROTTER and JANE T. NICHOLS ! By~:'-:'~4 ~ ~al) ) William A. Trotter, III, their agent and attorney-in-fact evidenced by Special Powers of Attorney recorded herewith. Book 00846'1477 A . 200301 0408 03127~20~~16~~ ~~24~ 01 EXHIBIT A All that tract or parcel of land containing 153.44 acres, more or less, situate, lying and being in the State of Georgia, being in the County of Richmond shown and designated upon a plat thereof prepared by James G. 8wift & Associates for Trotter Realty Co. on June, 1987 and on a compiled plat thereof prepared for' Trotter Realty Co. on 8eptember 2, 1986, reference being made to said plats for a more' complete and accurate description of the :metes, bounds and location of said property. This property is more fully described as follows: Commencing at an iron pin which is located on the western right of way of Crosscreek Road at the northeastern corner of Lot 11, Block D, Section 2, Phase I of Quail Ridge Subdivision as shown upon a plat,thereof recorded in the Office of the Clerk of 8uperior Court, Richmond County, Georgia, on Realty Reel 250, Pages 1710-1715; with the point of beginning thus established, thence NQSQ 001 07"W for a distance of 150' to an iron pin; thence NOlO 59' 5311E for a distance of 970.57' to an iron pin; thence N710 33' 28"W for a disEance of 85.02' to an iron pin; thence N020 00' 5211E for a distance of 686.58' to an iron pin; thence S860 13' 5111E for a distance of 716.27' to an iron pin; thence 8210 49' 4711E for a distance 85.27' to an iron pin; thence 8590 021 10llW for a distance of 60' to an iron pin; thence 8850 16' 48"E for a distance of 190.621 to an iron pin; thence 8050 31' 0211E for a distance of 75.02' to an iron pin; thence N750 24' 4111E for a distance of 124.10' to an iron pin; thence 8560 261 001115 for a distance of ~1 0 1 1 . '. . , Book 00846:1478 Augusta - Richmond County 200301040803/27/200316:18:24.01 to an iron pin; thence 8850 311 02"E for a distance of 1255.0'; thence S080 12' OO"W for a distance of 328.781 to an iron pin; thence 8740 09' OO"E for a distance of 125' to an iron pin; thence S570 27 I OOIlE for a distance of 278.791 to an iron pin; thence 8870 16' 2511E for a distance of 105.111 to an iron pin; thence 8220 451 0411E for a distance of 168.07' to an iron pin on the northwestern right of way of Crosscreek Road; thence 8630 26 I 0611W for a distance of 44.72' to an iron pin; thence 8250 56' 3211E for a distance of 205.73' to an iron pin; thence 8450W for a distance of 82.02' to an iron pin; thence S090 48' 4111W for a distance of 539.90' to an iron pin; thence 8100 03' 39" E for a distance or 314.84' to an iron pin; thence 819020' 05"E for.a distance of 302.03' to an iron pin; thence 8320 06' 23"E for a distance of 301.03 I to an iron pin; thence 8040 17 I 06"W for a distance of 200.56' to an iron pin; thence S340 59 I 3111W for a distance of 549.30' to an iron pin; thence 8260 12' 4111E for a distance of 72.45' to an iron pin; thence N750 52' 01"E for a distance of 286.68' to an iron pin; thence 8740 34 I 1211E for a distance of 140.69' to an iron pin; thence 8290 56 I 31"8 for a distance of 144.25' to an iron pin; thence 8610571 0711W for a distance of 664.711 to an iron pin; thence 8070 49' 5111E for a distance of 75.74' to an iron pin; thence 8400 26 I 1211E for a distance of 151.09' to an iron pin; thence S300 18' 40"W for a distance or 75.29 I to an iron pin; thence 8280 46 I 0411E for a distance of 290.90' to an iron pin; thence 873018' 03"E for a distance of 104.401 to an iron pin; thence 8400431 5611E for a distance of :2 Book 00846:1479 Augusta - Richmond County 200301040803/27/200316:18:24.01 237.54' to an iron pin; thence 850024' 2811W for a distance of 361.09' to an iron pin; thence N430 231 28"W for a distance of 137.781 to an iron pin; thence N610 33' 2511W for a distance of 272.95 I to an iron pin; thence N120 52' 30llW for a distance of 179.51' to an iron pin; thence N490 11' 06"W for a distance of 375.00' to an iron pin; thence N640 441 05 "W for a distance of 135.48' to an iron pin; thence 833021' 5911W for a distance of 66.83' to an iron pin; thence N560 38' OlllW for a distance of 134.381 to an iron pin; thence 8640 511 19"W for a distance of 108.26' to an iron pin; thence N600 24' 44 "W .for a distance of 135.69' to an iron pin; thence 8330 41' 2411W for a distance of 21.63 I to an iron pin; thence N530 19' 04"W for. a distance of .. 122.20' to an iron pin; thence N170 11' 09"W for a distance of 101.53' to an iron pin; thence 8880 41' 5311W for a distance of 44.01' to an ~ron pin; thence N380 57' 21"W for a distance of 120.88' to an iron pin; thence N110 18' 36"W :Ear a distance of 61.19' to an iron pin; thence N520 27' 38"W for a distance of 119.81' to an iron pin; thence N050 351 5811E for a distance of 102.49' to an iron pin; thence N620 19' 08"W for a distance of 275.541 to an iron pin; thence N750 49' 40"W for a distance of 102.11' to an iron pin; thence 8640 03' 28"W for a distance of 41.15' to an iron pin; thence N720 491 5511W for a distance of 128.74' to an iron pin; thence 8760 12 I 02"W for a distance of 58.691 to an iron pin; thence N720 40' 3311W for a distance of 114.181 to an iron pin; thence N340 46' 40"W for a distance of 43.85 I to an iron pin; thence 8740 39' 00 "W for a distance of 3 Book 00846:1480 Augusta - Richmond County 2003010408 03/27/2003 16:18:24.01 52.89' to an iron pin; thence N630 061 42"W for a distance of 229.87' to an iron pin; thence N480 48' 51"W ~or a distance of 63.78 I to an iron pin; thence N210 05' 3211W for a distance of 75.03' to an iron pin; thence 8670 29' 47"W for a distance of 151.541 to an iron pin; thence 822022' 48"W for a distance of 91.92 I to an iron pin; thence 8550 17' 0311\'l for a distance of 151.16' to an iron pin; thence 8890 11' 58 "W for a distance of 137.14' to an iron pin'; thence N020 45' 52"E for a distance of 488.89' to an iron pin; thence 8850 09' 08"E for a distance of 312.15' to an iron pin; thence S560 51' 19" E for a distance of 68.71' to an iron pin; thence. N490 121 26'g for a distance of 31.56' to an iron pin; thence 8810 56' 38"E for. a distance of 348.72' to an iron pin; thence N830 07' 06 II E for a distance of 162.31' to an iron pin; thence N660 291 46"E for a distance of 63.07' to an iron pin; thence 8720 39' 4811E for a distance of 297' to an iron pin; thence 8360 16' 58"E for a distance of 72.40' to an iron pin; thence N730 05' 16"E for a distance of 502.0' to an iron pin; thence 8160 54' 44" E for a distance of 159.07 I to an iron pin; thence N610 13' 21"E for a distance of 238.38' to an iron pin; thence N330 59' 34"W for a distance of 67.99' to an iron pin; thence N30.:l 35' 51"E for a distance of 295.67' to an iron pin; thence N170 01' 18"W for a distance of 22.0' to an iron pin; thence N270 58' 42"E for a distance of 284.99' to an iron pin; thence N480 511 37"W for a distance of 121.401 to an iron pin; thence S880 20' 1611W for a distance of 63.611 to an iron pin; thence N570 40' 07"W for a distance of 121.161 to an iron pin; thence N150 17' 35"W for 4 . .. Book 00846:1481 Augusta - Richmond County 2003010408 03/27/2003 16: 18:24,01 a distance of 65.821 to an iron pin; thence 8660 181 2111W for a distance of 61.21' to an iron pin; thence N620 011 18 "W for a distance of 290 I to an iron pin; thence N100 08' 2411E for a distance of 65.291 to an iron pin; thence N270 58' 4211E for a distance of 388.37' to an iron pin; thence N620 011 1811W for a distance of 40' to an iron pin; thence N270 58' 42"E for a distance of 1401 to an iron pin; thence 8620 01' 18"E for a distance of 15' to an iron pin; thence N270 58' 4211E for a distance of 190' to an iron pin; . thence N620 01' 18"W for a distance of 680.0' to an iron pin; thence N680 30' 07"W for a distance of 102.61' to an iron pin; thence N770 59' 48"W for a distance of 113.511 to an iron pin; thence S810 01' 04"W for a distance of 113.541 to an iron pin; thence 8720 53' 50"W for a distance of 288.38' to an iron pin; thence 8620 33' 15"W for a distance of 118.45' to an iron pin; thence 8440 351 2311W for a distance of 119.931. to an iron pin; thence S210 381 22"W for a distance of 119.931 to an iron pin; thence 8060 57' 4211W for a distance of 109.33' to an iron pin; thence SOlO 59' 35"W for a distance of 196.951 to an iron pin; thence 8090, 021 3711E for a distance of 139.72' to an iron pin; thence N880 00' 07"W for a distance of 236.76' to the point of beginning. 5 .,' . Book 00846:1482 Augusta - Richmond County 200301040803/27/2003 16:18:24.01 EXHffiIT "A" CONTINUED LESS AND EXCEPT FROM THE FOREGOING PROPERTY: A. ALL those tracts or parcels of land, together with any improvements thereon, situate, lying and being in Richmond County, Georgia, containing 14.60 acres and 5.54 acres more fully shown and designated upon plats thereof recorded on Realty Reel 629, pages] 295, ]297- ]298. ALSO B. ALL those tracts or parcels of land, together with all improvements thereon, situate, lying and being in the State of Georgia, County of Richmond, containing 7, ] 2 acres, 1.23 acres and 12.95 acres all of which are referenced in a deed dated January 29, 1998 from Trotter Realty Co. to Nordahl and Company recorded in the Office of the Clerk of Superior Court, Richmond County, Georgia, on Realty Reel 584, page 130. The foregoing deed makes reference to plats which, through inadvertence, were not recorded on the records of Richmond County. The 7.]2 and 1.23 acre parcels are shown upon a plat thereof dated December 29, 1997 prepared by W, R Toole Engineers, Inc. for Nordahl and Company, Inc. to which referenced is hereby made. These parcels are more fully described as follows: Commencing at a #4 Rebar set at the Northeastern terminus of Cross Creek Road shown on a plat of Section 2, Phase I of Quail Ridge Subdivision recorded in the Office of Clerk of Superior Court, Richmond County, Georgia, on Realty Reel 250 at pages 17]0-]715; with the POINT OF BEGINNING being thus established, thence N 87'55'41" W for a distance of 70.00 feet across the right-of-way of Cross Creek Road to a #4 Rebar set; thence N 0] '02'00" E for a distance of 13.97 feet to a #4 R.F.; thence N 87'55'31" W for a distance of 149.68 feet to a #4 RF.; thence NO] '54'34" E for a distance of688.33 feet to a #4 RS.; thence N 01 '54'34" E for a distance of267.51 feet to a #4 RS.; thence N 16'09'24" W for a distance of65.04 feet to a #4 R.S.; thence N 78'] 7'56" E for a distance of 148.56 feet to a #4 R.S.; thence S 41 '27'1111 E for a distance of ]88.50 feet to a #4 RS.; thence S 27'09'2711 E for a distance of 189.84 feet to a #4 RS.; thence along the arc of a circle having the radius of 450 feet and an arc length of 11 feet and a chord having a bearing ofN 56'36'42" E and a chord distance of 1] feet to a #4 RS.; thence S 27'09'2811 E for a distance of 50.26 feet to a #4 R.S.; thence along the arc of a circle having a radius of 400 feet and an arc length of 16.88 feet measured on a chord bearing of S 55'24'3211 Wand a chord length of 16.88 feet to a #4 R.S.; thence S 38'45'5311 E for a distance of 143.19 to a #4 . " Book 00846:1483 Augusta - Richmond County 200301040803/27/2003 16:18:24,01 RS.; thence S 44045'21" W for a distance of71.38 feet to a #4 RF.; thence S 21027'10" W for a distance of 119.98 feet to a #4 R.F.; thence S 07"01'07" W for a distance of 109.46 feet to a #4 RF,; thence S 01059'55" W for a distance of 81.95 feet to a #4 RF.; thence S 02000'04" W for a distance of 114.92 feet to a #4 RF.; thence S 08058'10" E for a distance of 139.72 feet to a #4 RF.; thence N 87"55'39" W for a distance of 166.76 feet to the POINT OF BEGINNING. ALSO ALL that tract or parcel ofland, together with any improvements thereon, situate, lying and being in Richmond County, Georgia, containing 12.95 acres which is more fully shown upon a plat thereof prepared by Walter A. Bell dated December 28, 1997 to which reference is made in that certain Warranty Deed from Trotter Realty Co. to Nordahl and Company dated January 29, 1998 recorded on Realty Reel 584, page 130. The 12.95 acre tract is more fully described as follows: Commencing at an iron pin located at the Northeast corner of Lot 1, Block M, Section 2, Phase II of Quail Ridge Subdivision shown upon a plat thereof recorded in the Office of the Clerk of Superior Court, Richmond County, Georgia, on Realty Reel 298, page 1746-1751; with the POINT OF BEGINNING being thus established, thence S 65010'07" E for a distance of 730 feet to an iron pin; thence S 29007'26" W for a distance of826.05 feet to an iron pin; thence N 48051'37" W for a distance of 121.40 feet to the Eastern right-of way of Woodcock Drive; thence S 88020'16" W for a distance of 63.61 feet across Woodcock Drive to an iron pin; thence N 57"40'07" W for a distance of 121. 16 feet to an iron pin; thence N 15017'35" W for a distance of 65.82 feet to an iron pin; thence S 66018'21" W for a distance of 61.21 feet to an iron pin; thence N 62001'18" W for a distance of290 feet to an iron pin; thence N 10008'14" E for a distance of65.29 feet to an iron pin; thence N 27"58'42" E for a distance of388.37 feet to an iron pin; thence N 62001'18" W for a distance of 40 feet to an iron pin; thence N 27"58'42" E for a distance of 140 feet to the right-of-way of Cross Haven Drive; thence S 62001'18" E for a distance of 15 feet along the right-ofway of Cross Haven Drive; thence N27"58'42" Eforadistanceof190 feet to the POINT OF BEGINNING, The plat by Walter A. Bell also shows a storm water retention area along the Southeastern boundary of this 12.95 acre parcel. The Property conveyed by this deed ws acquired by Trotter Realty Co. from Lofco, Inc. in a series of conveyances. . . . Book 00846:1484 Augusta - Richmond County 200301040803/27/2003 16:18:24.01 ALSO ALL that tract or parcel of land, together with all improvements thereon, situate, lying and being in Richmond County, Georgia, containing 4.439 acres shown as Tract "A" on a plat dated December 21, 1999, prepared by James G. Swift & Associates for the Augusta Commission which plat is recorded herewith. , ... " '- %.. <lp .~ ... " _/~ ~/-: '-./ - ........... .......... .........." , '" ,;XI~. 8~ ...~~ . .lt~ C;S . .. a:: ~~g () ClI ., ~ :I ~'~a;, CD ~'l ~ ~ ~ , ., "'" [ r-~: ~ ..51 ::I: '~ ...... g!l (J ~ CIl ? . iI (J .~ t"J " . , ~ '"' "f.'~ -:<-",1' ,~. t>;l a:: ~ . . '" " ... , m cu ::J rD o C- o ::J ::J (f) o ::J 0)>"" wc= i0 CO rD -.jco. __ (f) -. rv.......::J oClJ....... o ' ::J w:;vUi -" 0' 0 en ::J:::; ~Il -'-30 cporD .. ::J ~o. 60 -,,0 C ::J -< .~ "~ . I--~ I ,. / , ~. I, ""'ct~. ""~~ "";0.. q.~...~~,... d', ""'"""'... ~~.;;;."v~<f.>.j. .~ <q '<4 ~~C'''"" .,.....-<1: _. '0'" ... ..." ~0'VG:9~:9~ SOOGILG/SO 90vO~OSOOG ^lunoJ PUOWLP!C! - 81snBnv gev ~:9veoo >j008 I .. 'l'~ ~ ~ ~~I t i " ,. GF-C1813- Georgia Title Insurance Commitment COMMITMENT FOR TITLE INSURANCE ISSUED THROUGH THE OFFICES OF Attorneys' Title Guarantv Fund, Inc. THE GEORGIA A TIORNEYS' ORGANIZA nON SPECrALL Y ORGANIZED TO PROVIDE COMPLETE TITLE ASSURANCE BY ITS MEMBER HARRY B. J1\MES, III has caused FIRST AMERICAN TITLE INSURANCE COMPANY to issue this commitment for title insurance. First American Title Insurance Company FIRST AMERICAN TITLE INSURANCE COMPANY, a California corporation, herein called the Company, for valuable consideration, hereby commits to issue its policy or policies of title insurance as identified in Schedule A, in favor of the proposed Insured named in Schedule A, as owner or mortgagee of the estate or interest covered hereby in the land described or referred to in Schedule A, upon payment of the premiums and charges therefor; all subject to the provisions of Schedules A and B and to the Conditions and Stipulations hereof. This Commitment shaH be effective only when the identity of the proposed Insured and the amount of the policy or policies committed for have been inserted in Schedule A hereof by the Company, either at the time of the issuance of this Commitment or by subsequent endorsement. This Commitment is preliminary to the issuance of such policy or policies of title insurance and all liability and obligations hereunder shall cease and terminate six (6) months after the Effective Date hereof or when the policy or policies committed for shaH issue, whichever first occurs, provided that the failure to issue such policy or policies is not the fault of the Company. This Commitement shall not be valid or binding until Schedule A has been countersigned by either a duly authorized agent or representative of the Company and Schedule B-1 and B-II have been attached hereto. IN WITNESS WHEREOF, the Company has caused this Commitment to be signed and sealed, to become valid when countersigned by an authorized officer or agent of the Company, all in accordance with its By-Laws. This Commitment is effective as of the date shown in Schedule A as "Effective Date". ." ~ First American Title Insurance Company ::Errjr~ ~ ~ :::::: " .' ATGF 1813-A TItle Insurance Commitment (REV 9/78) Attorneys' Title Guaranty Fund, Inc. SCHEDULE A Agent's File No: 578 Commitment No. GFC 578 Date Effective: February 25, 2003 1 :00 P.M. Amount of Policy: $896,000.00 2. Policy or Policies to be issued: (a) A.L.TA Owner's Policy Form - 1992 Proposed Insured: AUGUSTA, GEORGIA, a political subdivision of the State of Georgia (b) A.L.TA Loan Policy - 1992 Amount of Policy: Proposed Insured: 3. The estate or interest in the land described or referred to in this Commitment and covered herein is an estate or interest designated as follows: Fee Simple 4. Title to the estate or interest in the land described or referred to in this Commitment and covered herein (and designated as indicated in NO.3 above) is, at the effective date hereof, vested in: TROTTER FAMILY, INC. 5. The land referred to in this Commitment is in the State of Georgia County of Richmond and described as follows: SEE ATTACHED EXHIBIT "A" By: .... ATGF 1813-8-1 Title Insurance CommJtment-(REV 9(78) Attorneys Title Guaranty Fund, Inc. SCHEDULE B-1 (Exceptions) Issuing Office File No.: 578 Commitment No. GF-C 578 Schedule B of the policy or policies to be issued will contain exceptions to the following matters unless the same are disposed of to the satisfaction of the Company. 1. 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 for value of record the estate or interest or mortgage thereon covered by this Commitment. 2. Any owner's policy issued pursuant hereto will contain under Schedule B the General Exceptions set forth al the inside cover hereof. Any loan policy will contain under Schedule B General Exceptions 1, 2, 3 & 5 unless a satisfactory survey and inspection of the premises is made and will contain General Exceptions 4 and 6. 3. In the event this Commitment is issued with respect to a construction loan to be disbursed in Mure periodic installments, then the policy shall contain an additional exception which shall read as follows: .Pending disbursement of the full proceeds of the loan secured by the mortgage insured. this policy only insures the amount actually disbursed, but increases as proceeds are disbursed in good faith and without knowledge of any intervening lien or interest to or for the account of the mortgagor up to the amount of the policy. Such disbursement shall not extend the date of the policy or change any part thereof unless such change is specifically made by written endorsement duly issued on behalf of the Company. Upon request by the insured (and payment of the proper charges therefor,) the Company will search the public records subsequent to the date of the policy and fumish to the insured a continuation report showing such matters affecting title to the land as they have appeared in the public records subsequent to the date of the policy or the date of the last preceding continuation report. and if such continuation report shows intervening lien, or liens, or interest to or for the account of the mortgagor, then in such event this policy does not increase in liability unless such matters as actually shown on such continuation report are removed from the public records by the insured." 4. All stu.l"l and COU"t:1 taxes for the year 2G03 and ail taxes for subsequent ye:'lrs. 5. The exact location of boundary lines, unrecorded easements, possible encroachments and other facts or conditions which would be disclosed by an accurate survey and inspection of the property; possible liens of architects, laborers or materialmen for improvements of the property, not filed for record at the effective date hereof, and rights, if any, of persons who may be in possession under claims not appearing of record. ATGF 1813-8-11 Tl~e Insurance Commitment (REV. 8178) Attorneys Title Guaranty Fund, Inc. SCHEDULE 8-11 (Requirements) Agent File No. 578 Commitment No. GF.C 578 REQUIREMENTS TO BE COMPLIED WITH, DEFECTS AND OBJECTIONS TO BE REMOVED OR ELIMINATED AND LIENS AND ENCUMBRANCES TO BE SATISFIED AND DISCHARGED OF RECORD BEFORE POLICY OF TITLE INSURANCE WILL BE ISSUED WITHOUT EXCEPTION THERETO. Item 1. Proper documents creating the estate or interest to be insured must be executed and duly filed for record, to wit: a. Umited Warranty Deed conveying Fee Simple Title to the within described parcels from Trotter Family, Inc., to the City of Augusta, Georgia, referencing that the State of Georgia is a third-party beneficiary under the Georgia Greenspace Program and the specific language as required for the acquisition of greenspace property when grant funds are used. Item 2. Submit proof satisfactory to the Company of the payment to, or for the account of, the sellers or mortgagors of the full consideration for the estate or interest to be insured. Item 3. Submit proof satisfactory to the Company of rights or claims of parties in possession. Item 4. Submit proof satisfactory to the Company showing full payment for all labor performed, services and materials furnished within the period provided by law for filing claims of liens. Item 5. Submit proof satisfactory to the Company covering all questions of accuracy or location of boundary lines, location of improvement, encroachments, easements, area and all other matters whatsoever which an accurate survey might show. Exception will be made only to such matters adversely affecting title as are disclosed by such survey. 1"11"1['1:.. D. ClJt:J..:J .:). ""fO,I" ~jO. ItJtJ P.2/8 r' " EXHIBIT A All'that tract or parcel of land containing 153.44 acres, more or less, situate, lying and being in the State of Georgia, being in,the County of Richm~nd shown and designated upon a plat thereof prepared by James G. Swift & Associ at,s for Trotter Realty Co. on June, 1~87 and on a compiled plat thereof prepared fot: Trotter Realty Co. on September 2, 1986, referen~e being made to aaid plata for a more' complete and accurate description of th~ :metea, bounds and location of said property. ThiB property is more fully described as follows: Commencing at an iron pin which 1-s looated on the western right of way of Crosacreek Road at the northeastern corner of tot 11, Block 0, Section 2, Phase I of Quail Ridge Subdivision'aa shown upon a plat .,thereof recorded in the Office of the Clerk of. Superior Court I Richmond County, Georgia, ~n Realty Reel 250, Pages 1710-1715; with the point of beginning thua established, thence NaOo 001 07"W for a distance of 150' to an iron pin, thence, NOlo 59' 531lE tal' a distance of 970.57' to an iron pin; thence N710 33' 2B"W for a diat!ance of 85.02' to an iron pin; thence N020 DO' 5211E for a diatance of 686.58' [.0 an iron pin; thence S8lia 131 SlUE for a distance of 716.27' .to an iron pin; thenoe S211' 491 t?IIE for a distance 85.211 to an iron pin; thence S59Q 02' lO"W for a distance I o:e of 60' to an iron pin; thence SBSo 161 48"E for a distance 190.62' to an iron pin; thence S050 311 02"E for a distanoe of t ,; ,75.02' to an it'on pill; t.hence N750 21' 411lE for a distance of 124.~0' to an iron pill, thence S~60 26' 00"8 for a distance of 40' 1 I.' I INl'. .0 a c.t::JU-i ~. '-40rTI r;U.ll:Jl:l . :. .j/l:J ,'". to an iron pin; thence 8850 31' 02"E for a distance of 1255.0'; thence S080, 12' OO"W for a 'distance of 328.78 I to an iron p~n; thenc~ 8740 09' aO"E tor a distance of 125' to a~ iron pin; thence S570 271 OO"E for a distance of 278.19' to an iron pin; thence S870 16' 25uE for a 'distance of 10S.11' to an iron pin; thence S220 45' 04"g for a distance of 168.07' to an iron pin on the northwestern right of way of Crosscreek Road; thence .9630 26' OEi"W for a distance of 44.72' to an iron pin; thence S250 561 32"E for a distance of 205.73' to an iron ,pin; thence S450W for a distance of 82.02' to an iron pin; thence S090 48' 4111W for a distance of 539.90' to an iron pin; thence S100 03' 39"E for a distance of 314.84' to an iron pin; thence S190 20' aSHE for.a distance of " 302.03' to an iron pin; thence S320 06' 2311E for a distance of 301.03' to an iron pin; thence S040 17' 06"W for a distance of 200.56' to an iron pin; thenoe S340 59' 31"W for a distance of 549.30' to an iron pin; thence S260 12' 41"E for a distance of 72.45' to an iron pin; thence N750 5~1 OlliE fo~ a distance ,of 2B6. 6B' to an iron pin; thenc~~ S740 34' 12"E for a distance 'of 140.69' to an iron, pin; thence S290 56' 31"E for a distance of 144.251 to an iron pin; thence S610 57' 07"W for a distanoe of 664.71' to an iron pin; thenoe 9070 49' 51 "E for a distance of 75.741 to an iron pin; thence 9400 2Gt 12"E fo.r a dietance of, i I 151.09' to an iron pin; thence 5300 181 40"W for a distance :of 75.29' to an iron pin; t.hence S280 ~6' 04"E fo1.. a distance of 290.90' to an iron pin; thence S7Jo 18' 03"E for a dist.ance of 104..40' to an 1:I:on pin; thence 5400 431 56"E for a distance of 2 . "lFlR. '0.2003 3:49P~1 'NO.188 'P.4/8' 237. S4' to an iron pin; thence 8500 24' 28"W for a distance of 361.09' to an iron ~in; thence N430 23' 2B"W for a distance of 137 :79 I to an iron pin; thence N610 33' 25"W for a distance of 272.95' to an iron pin; thence N120 52' 30"W for a distance of 179.51' to an iron .pin: thence N490 11' 06"W for a distance of 375.00 I to an iron pin; thence N640 44 I OS"W for a distance of 135.48' to an iron pin; thence S330 21' 59"W for a distance of 66.83' to an iron pin; thence NS60 39' 01"W for a distance of 134.38' to an iron pin; thence 8640 51' 19"W for a distance of 108.26' to an iron pin; thence N600 24' ,44"W for a distance of -135.69' to an iron pin: thence S330 41' 24"W.for a distance of 21.63' to an iron pin; thence NS30 19' 04"W for.a distance of " 122.20' to an iron pin; thence N170 11' 09"W ~or a distance of 101.53' to an iron pin; thence S880 41' 53"W for a distance of 44.01' to <;tn ~ron pin; thence N380 57' 21"W ~or a distance of 120.88' to an iron pin; thence Nil0 IBI 36"Wfor a distance of 61.19 I to an iron pin; thence N520 27' 38"W for a distance. ~f 119.81' tp an iron pin; thence NOSo 35' 58"E for a distance' of 102.49' to an iron, pin; thence N620 19' OB"W for a distance of 275.54' to an iron pin; thence N75D 49' 40"W ~or a distance of 102.1.1.' to an iron pin; thence 5640 03' '28"W for a distance of 41.15' to an iron pin; thence N720 49' 5511W for a distance of 128.741 to an iron pin; ; I thence S?60 121 02"W for a distance ;of 58.69' to an iron pin; thence N720 40' 33"W for a distance of 114.18' to an iron pin; thence N340 46' '10"W ,for a distance' of 43.85' t.o an iron pin; thence 8740 39' OO"W for a distance of 3 rlrll'< . . b. c:tll::J.:l .:l; 4 '::!t-'I'l r'IU. 1 tJl:i J-'. ~/Ij , . ,. I 52.B9' to an iron pin; thence N6)O 06' 42"W for a distance of .2 29. ff7' to 'an iron pin; thence N480 46 I 51 "W for a distance of 63.78 I to an iron. pin; thence N210 05' 32 "W for a distance of 75.031 to an iron pin, thence S670 29' 47"W for a distance of 151. 54 I to an iron pin; thence 5220 22' 4B "W for a distance of, 91.92' to an iron pin; thence S550 17' 03"W for a dist.ance of 151.16' to an iron pin) thence S890 III 58"W ~or a distance of 137.14' to an iron pin'; thence N020 45' 52"E :for a distance of 466.89' to an iron pin; thence S850 09' De"E for a distance of 312.151 to an iron pin; thence S560 51' 19"E for a distance of '68.711 to an iron pin; thenoe ~490 121 26'B for a distance of 31.56' to an iron pin; thence Sa10 56' 38"E for' a distance of 348.72' to an iron pin; thence Na30 071 OG"E f6r a distance of 162.31' to an iron pin; thence N660 29' 46"E for a distance of 63.07' to an iron pin; thence S720 39' 4B"E for a distance of 297' to an iron pin; thence 5360 16' 58"E for a distance of 72.40' to an iron pin; thence N730 05' 16"E for a distance of 502.0' to an iron pin; thence S160 54' 44"E for a distance of 159.07' to an'iron pln; thence N610 13' 21"E for a distanoe of 238.38' to an iron pin; thence N330 59' 34"W for a distance of 67.99~ to an iron pirt; thence N300 35' 51"g for a distance of 295.67' to an iron pin; 'thence N170 01' lB"W for a distance of 22.0' to an iron pin; ~hence f N2?0.S8' 42"E for a distance of 284.99' to an iron pin; thencb N~80 51' 37"W for a distance of 121.401 to an iron pin; thenoe saeo 20' 16"W f6r a distance of 63.61' to an iron pin; thence N570 40' 07"W fo~ a distance of 121.16' to an iron pin; thence' N150 17' 35"W for 4 I'IJ-IK. . b. ctJl::J..i .;j: 4':11~1'1 . flU. 10tJ " 1-'. b/tJ I , , a distance of 65.82' to an iron pin; ,thence SG60 IB' 21"W for a distance pi 61.21' to an iron pin j . thence N621l 01' 18 "W for a dista'nce of 2901 to an iron pin; thence NIOIl 08' 24"E for a distance of 65.29' to an iron pin; th~nce N270 58' 42"E for a distance of 389.37' to an iron pin; thence N620 01' 18"W for a distance of 40' to an iron pin; thence N271l 58' 42"E for a distance of 140' to an iron pin; therice 9620 01' 18"E for a distance of 15' to an iron pin; thence N270 58' 42"E for a distance of 190' to an iron pin; .thence N62/l 01' le"W for a distance of'680.0' to an iron pin; thence N691l 30' O?"W for a distance of 102.61' to an iron pin; thence N770 59' 48"W for a d~~tance of 113.51' to an iron pin; thence S810 01' 04"W for a distance of 113.54' to an iron pin; thence S720 53' SO"W for a distance of 286.36' .to' an iron pin; , thence S620 33' 15"W for a dist.ance of 116.45" 'to an iron pin; thence $440 35' 23"W for a distance of 119.93' to an iron pin; thence S210 38' 22"W for a distanoe of 11~.93' to an iron pin; thence SOGO 571 42"W for a distance of 109.331 to an iron pin~ , thenoe SOlll 59' 35"W for a dietance of 196.95\ .to an iron pin; thence S090' 02' 37,IIE for a distance of 139.72; to an iron pin; thence Ne8D 00' D7"W for a distance of 236.76' to the point of beginning. 5 :1 1'11-11<. . b. cl,:nCl,j ,j' "l'::lI~I'1 rlU.ltJtJ '.... (/l:j EXHIBIT "A" CONTINUED LESS AND EXCEPT FROM THE FOREGOING PROPERTY: A. ALL those tracts or parcels ofland, together with any improvements thereon, situate, lying and being in Richmond County, Georgia, containing 14.60 acres and 5,54 acres more fully shown and designated upon plats thereof recorded on Realty Ree1629, pages 1295, 1297- ]298. ALSO B. ALL those tracts or parcels of land, together with all improvements thereon, situate, lying and being in the State of Georgia, County of Richmond, containing 7.12 acres, 1.23 acres and 12.95 acres all of which are referenced in a deed dated January 29, 1998 from Trotter Realty Co. to Nordahl and Company recorded in the Office of the Clerk of Superior Court, Richmond County, Georgia, on Realty Reel 584, page 130. The foregoing deed makes reference to plats which, through inadvertence, were not recorded on the records of Richmond County. The 7.12 and 1.23 acre parcels are shown upon a plat thereof dated December 29, 1997 prepared by W, R, Toole Engineers, Inc. for Nordahl and Company, Inc. to which referenced is hereby made, TheBe parcels are more fully described as follows: Commencing at a #4 Rebar set at the Northeastern terminus of Cross Creek Road shown on a plat of Section 2, Phase I of Quail Ridge Subdivision . recorded in the Office of Clerk of Superior Court, Richmond County, . Georgia, on Realty Reel 250 at pages 1710-1715; with the POINT OF BEGINNING being thus established, thence N 87'55'4111 W for a distance of 70.00 feet across the right-of-way of Cross Creek Road to a #4 Rebar set; thence N 01'02'00" E for a distance of 13.97 feet to a #4 R.F.; thence N 87'55'31" Wfora distance ofl49.58 feet to a #4R.F.; thenceN 01'54'34" E for a distarice of688.33 feet to a #4 RS.; thence N 01'54'34" E for 11 distance of267.51 feetto a #4 RS.; thence N 16'09'24" W for Il distance of65,04 (eet ' to a #4 R.S.; thence N 78'17'5611 E for a distance of148,56 feet. to a #4 R.B.; I thence S 41'2111" E for a distance of 188.50 feet to a #4 R,S,; thence S ! 27'09'2711 E for a distance of] 89.84 feet to a #4 R.S.; thence along the arc of a circle having the radius of 450 feet and an arc length of 11 feet and a chord . having a bearing ofN 56"36'42" E and a chord distance of 11 feet to a #4 R.S.; thence S 27'09'28" E for a distance of50,26 feet to a #4 R.S.; thence along the arc of a circle having a radius of 400 feet and an arc length of 16.88 feet measured on a chord bearing of S 55'24'32" Wand a chord length of 16.88 feet to a #4 RS.; thence S 38'45'53" E for a distance of 143.19 to a #4 1'1H~. . b. C:l1I1.:l 3 ; :..ldt-'rl . NO.ll:Jl:J' f!'.I:J/1:J R'S.; thence S 44'45'2111 W for a distance of71.38 feet to a #4 R.F.; thence S 21'27' 1 0" W for a distance of 119.98 feet to a #4 RF.; thence S 07'01'07" W for a distance of 109.46 feet to a #4 RF.; thence S 01'59'55" W for a distance of81.95 feet to a #4 R.F,; thence S 02'00104" W for a distance of 114.92 feet to a #4 RF.; thence S 08'58'10" E for a distance of 139,72 feet to a #4 RF.; thence N 87"55'39" W for a distance of 166,76 feet to the POlNT OF BEGINNING. ALSO ALL that tract or parcel ofland, together with any improvements thereon, situate, Jying and being in Ricbmond County, Georgia, containing 12.95 acres which is more fully shown upon a plat thereof prepared by Walter A Bell dated December 28, 1997. to which reference is made in that certain Warranty Deed :from Trotter Realty Co. to Nordahl and Company dated January 29, 1998 recorded on Realty Ree1584, page 130. The 12.95 acre tract is more fully described as follows: Commencing at an iron pin located at the Northeast comer ofLat ], Block M, Section 2. Phase II of Quail Ridge Subdivision shown upon a plat thereof recorded in the Office of the Clerk of Superior Court, Richmond County, Georgia, on Renlty Reel 298, page 1746-1751; with the POINT OF BEGINNING being thus established, thence S 65'10'07" E for a distance of 730 feet to an iron pin; thence S 29'07'26" W for a distance of 826. 05 feet to an iron pin; thence N 48' 5113 7" W for a distance of 121.40 feet to the Eastern right-of way of Woodcock Drive; thence S 88020'16'/ W for n distance of 63.61 feet across Woodcock Drive to an iron pin.; thence N 57'40'07" W for a distance of 121.16 feet to an iron pin; thence N 15 '17'3 5" W for a distance of65,82 feetto an iron pin; thence S 66'18'21" Wfor a distance of61.21 feet to an iron pin; thence N 62'01'1811 W for a distance of290 feet to an iron pin; , thence N 10'08'1411 E for a distance of 65.29 feet to an iron pin; thence N 27'58'42" E for a distance of388.37 feet to an iron p~ thence N 62'01'18" Wfor a distance of40 feet to an iron pin; the.o.ce N 27'58'42" E for a distance of 140 feet to the right-of-way of Cross Haven Drive; thence S 62.01'18" E for a distance of 15 feet along the right-of way of Cross Haven Drive; thence N27'58'42" E for a distance of190 feet to the POINT OF BEGINNING. The plat by W8:lter A. Bell also shows a storm wllter retention area along the South,eastem boundary oftbis 12.95 acre parcel. , The Property couveyed by this deed ws acquired by Trotter Realty Co. from Lo/co, Inc, in a series of conveyances. . , . . . I ~. STANDARD EXCEPTIONS FOR OWNER'S POLICY The owner's policy will be subject to the mortgage, if any, noted under item one of Item 4 of Schedule B-1 hereof and to the following general exceptions: 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. Encroachments, overlaps, boundary line disputes, or other matters which would be disclosed by an accurate surveyor inspection of the premises. 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. Any adverse claim to any portion of said land which has been created by artifical means or has accreted to any such portion so created and riparian rights, if any. 6. Taxes or special assessments which are not shown as existing liens by the public records. CONDITIONS AND STIPUA TIONS 1. The term mortgage, when used herein, shall include deed of trust, trust deed, or other security instrument. 2. If the proposed Insured has or acquires actual knowledge of any defect, lien, encumbrance, adverse claim or other matter affecting the estate or interest or mortgage thereon covered by this Commitment other than those shown in Schedule B-1 and Schedule B-II hereof, and shall fail to disclose such knowledge to the Company in writing, the Company shall be relieved from liability for any loss or damage resulting from any act of reliance hereon to the extent the Company is prejudiced by failure to so disclose such knowledge. If the proposed Insured shall disclose such knowledge to the Company, or if the Company otherwise acquires actual knowledge of any such defect, lien, encumbrance, adverse claim, or other matter, the Company at its option may amend Schedule B-1 and/or Schedule B-II of this Commitment accordingly, but such amendment shall not relieve the Company from liability previously incurred pursuant to paragraph 3 of these Conditions and Stipulations. 3. Liability of the Company under this Commitment shall be only to the named proposed Insured and such parties included under the definition of Insured in the form of policy or policies committed for and only for actual loss incurred in reliance hereon in undertaking in good faith (a) to comply with the requirements hereof, or (b) to eliminate exceptions shown in Schedule B-1 or (c) to acquire or create the estate or interest or mortgage thereon covered by this Commitment. In no event shall such liability exceed the amount stated in Schedule A for the policy or policies committed for and such liability is subject to the insuring provisions, the Exclusions from Coverage and the Conditions and Stipulations of the form of policy or policies committed for in favor of the proposed Insured which are hereby incorporated by reference and are made a part of this Commitment except as expressly modified herein. 4. Any action or actions or rights of action that the proposed Insured may have or may bring against the Company arising out of the status of the title to the estate or interest or the status of the mortgage thereon covered by this Commitment must be based on and are subject to the provisions of this Commitment. 38\fl:l3^O:J VII0l:l::l SNOISnl:JX3 :jO UOseaJ liQ as!Je 4:J!4M sasuadxa JO saaj ,sliaUJolle 'SISO:J 'a5ewep JO ssol lied lOU II!M liuedwo:) a4l pue 1i:J!IOd S!4l jO a5eJaAo:J a41 WOJj papnpxa lilSSaJdxa aJe SJalleW 5U!MOIIOj a41 'JOllpaJ:J ua!l JO luaw5pn! e JO anleA JOj JaSe4:Jmd e 01 a:J!IOU IJedwl 01 UO!lepJo:JaJ 4:Jns jO (!!) JO :JajSUeJI jO IUaWnJISUI a41 pJo:JaJ lilawll 01 (!) :amllej a41 WOJj SllnSaJ JajSUeJlle!IUaJajaJd a41 aJa4M Ida:Jxa JajSUeJlle!IUaJajaJd e pawaap 5u!aQ 1i:J!IOd S!41 liQ pamsu! ISaJaIU! JO alelsa a41 5u!leaJ:J uOIpeSUeJI a41 (q) JO :JajSueJI lualnpneJj JO a:JueliaAuo:J lualnpneJj e pawaap 5U1aq 1i:J!IOd S!41 liq paJnsu! IsaJaIU! JO alelsa a41 5u!leaJ:J uo!peSUeJI a41 (e) :uo paseq S! le41 'SMel S145!J ,SJOI!paJ:J JellWIS JO 'li:JuaAIOSU! alels 'li:JldnJ>jueq leJapaj jO UO!leJado a41 jO UOseaJ liq '1i:J!lod S!41 liq pamsu! ISaJaIU! JO aiel sa a41 pamsu! a41 U! 5u!lSaA uo!peSueJI a41 jO lno sas!Je 4:J!4M 'wlepliutj '\7 '1i:J!IOd S!411iq pamsul ISaJaIU! JO alelsa a41 JOj anleA pled pe4 lUeW!ep paJnsu! a41 jl paU!elSnS uaaq aAe4 IOU PlnoM 4:J!4M a5ewep JO ssol U! 5UlllnSaJ (a) JO :1i:J!IOd jO ale a olluanbasqns paleaJ:J JO 5u!4:Jelle (P) :lueW!ep paJnsu! a41 01 a5ewep JO SSOI ou U! 5u!llnsaJ (:J) :1i:J!lod S!41 Japun paJnsu! ue awe:Jaq IUeW!ep pamsu! a41 alep a4l Ol JO!Jd lUeW!ep pamsul a4l liq liuedwo:) a4l 01 5u!l!JM U! pasol:Js!P lOU pue luewlep pamsul a4l Ol UMou>jlnq '1i:J!IOd jO ale a le spJO:JaJ :J!lqnd a4l U! papJo:JaJ lOU 'liuedwo:) a4l 01 UMOU>jlOU (q) :lueW!ep pamsu! a4lliq Ol paaJ5e JO pawnsse 'paJajjns 'paleaJ:J (e) :SJalleW Ja4lo JO sw!ep aSJaApe 'sa:JueJqwn:Jua 'sua!l 'spajao '8 'a5palMou>jln04llM anleA JOj JaSe4:JJnd e jO Sl451J a41 uo 5u!pu!q aq PlnoM 4:J!4M 1i:JIIOd jO aleo 01 JO!Jd paJJn:J:Jo se4 4:J!4M 5u!>jel liue a5eJaAo:J WOJj 5u!pnpxa lOU lnq '1i:J!IOd jO aleo le spJo:JaJ :J!lqnd a4l U! papJo:JaJ uaaq se4 jOaJa41 aspJaxa a4l jO a:J!lou ssalun u!ewop IUaU!Wa jO Sl45!l:l 'Z '1i:J!lOd jO ale a le spJO:JaJ :J!lqnd a41 U! papJo:JaJ uaaq se4 puel a4l 5ulpajje UO!lelo!A pa5alle JO UO!leIOIA e WOJj 5u!llnSaJ a:JueJqwn:Jua JO ua!l 'l:Jajap e jO a:J!lOU e JO jOaJa4l aspJaxa a4l jO a:J!lOU e le4llualxa a4l ollda:Jxa 'aAoqe (e) liq papnpxa lOU JaMod a:J!lod leluawUJaA05 liutj (Q) '1i:J!lOd jO ale a le spJo:JaJ :J!lqnd a4l U! papJo:JaJ uaaq se4 puel a4l 5u!l:Jajje uO!leIO!A pa5alle JO UO!leIOIA e WOJj 5u!llnSaJ a:JueJqwn:Jua JO Ua!1 'pajap e jO a:J!lOU e JO joaJa4l luawa:JJojua a4l jO a:J!IOU e le41 lU<Jlxa a4l Ol Ida:Jxa 'SUO!leln5aJ leluawUJaA05 JO sa:Jueu!pJo 'sMel asa41 jO UO!leIO!A liue jO pajja a41 JO 'uO!l:JaIOJd leIUaWUOJ!AUa (AI) JO :lJed e seM JO S! puel a41 4:J!4M jO la:JJed liue JO puel a41 jO eaJe JO suo!suaw!p a4l U! a5ue4:J e JO d!4SJaUMO U! uO!leJedas e (!!Il :puel a4l uo pal:JaJa JaijeaJa4 JO MOU lUaWaAOJdw! liue jO uO!le:Jol JO suo!suaw!p 'JapeJe4:J a4l (!I) :puel a4l jO luawliofua JO 'asn 'li:Juedn:J:Jo a4l (Il 01 5u!lelaJ JO 5u!l!q!40Jd '5u1leln5aJ '5u!P!JlSaJ (sUO!leln5aJ JO 'sa:Jueu!pJO 'sMel 5u!uoz pue 5u!PI!nq Ol pal!w!llOu lnq 5u!pnl:Jull UO!leln5aJ lelUaWUJaA05 JO a:JueulpJo 'Mel liutj (e) .~ allil alqela~JeW 10 IiJa^lIap a~1 liulJlObaJ UOillPUOJ lenlJeJIUOJ e 10 anpl^ liq ase~Jmd 0) uOllelillqo a~l WOJ) paSealaJ aq 01 V alnpa~JS UI paqlJJsap ISaJalUJ JO a)elSa a~llo Jase~Jmd e allilua PlnoM ~JI~^', 'alieJa^oJ WOJ) paldaJxa JO papnpxa IOU 'puel a~1 01 allil a~l liuilJaue JalleW luaJl~dde JO palialle ue ,,,allll a~1 10 li)lilqela~JeWun" (li) paleJol SI puel a~1 ~JI~M UI PIJISIP a~1 JO) ImOJ plJiSlp salelS pa)lun a~llo ~Jap a~l)e spJOJaJ a~l UI paill suall UOI1JalOJd leIUaWUOJI^U<l apnpul oSle lIe~s "spJOJaJ Jllqnd" 'alieJaAO:) IlJOJol sUOIsnpx3 a~l 10 (Mile) ( uOI1Jas 01 padsaJ ~IIMa5paIMou~ InO~IIM Due allle^ JOI SJaSe4" -md 01 IipadoJd leaJ 01 liullelaJ SJa\IElU )0 aJllOU a^ilJnJls -UOJ 5uilJedwI 10 asodmd a41 JO) IiJllOd )0 aleo Ie Salnle)S alels Japun pa~slIqelsa spJOJaJ ,,,spJOJaJ Jllqnd.. (j) IUawllJISUI IillmJaS Ja~IO JO 'paap lsnJI 'ISI1JIIO paap 'a5e51JOllI ,,,a5e5IJOllJ,, (a) "IiJIIOd SI41 liq pamsUI SI puel a41 WOJI pue 01 ssaJJe 10 Iq51J e ~JI4M 0) Iualxa a41 \IWII JO 1i)lpoW lIe~s UlaJa~ 5ul~IOU lnq 'SlieMJaleM JO slieM 'sauel 'slialle 'sanua^e 'speoJ 'SlaaJlS liulllnqe UI Iuawasea JO alelsa 'ISaJalUI 'allil '1~5IJ liue IOU W) alnpa~JS UI 01 panalaJ JO paqlJJsap eaJe a~l )0 saulI a~l puoliaq IiIJadoJd liue aDnpUl IOU saop "puel.. WJa\ a~llipadoJd leaJ alnlllsuoJ Melliq ~JI~M OlaJa~1 paxlue SluaUJa^oJdwl pue 'M alnpa~JS UI 01 paJJalaJ JO paqlJJsap puel a~1 "puel" (p) puel a41 5UilJaue SJal -Iew 10 aJilou a^11JnJIsUOJ IJedwl ~JI~M spJoJaJ Ja~IO liue JO IiJIIOd SI~I UI paullap se spJoJaJ Jllqnd a~llo UOseaJ liq pamsUl ue 01 palndwl aq liew ~JI~M aJilOu JO a5palMou~ a^lpnJISUOJ IOU "a5paIMou~ lenlJe '..UMOU~" 10 .a5paIMOu~" (J) 'a5ewep JO SSOI 5ulwlep pamsul ue ..luewlep pamsul" (q) "sJOssaJJns IiJelJnp'l JO aleJodJOJ JO 'UI~ )0 Ixau 'Sa^ileluaSaJdaJ leuoslad 'SJO^I^Jns 'saasl^ap 'saalnqlJlslp 'SJla~ '01 pa)lwlI IOU lnq 'liUlpnpUl ase~Jmd WOJI paus!nliul)slp se Mello uOileJado liq pamsul paweu aullo ISaJalUI aul 01 paaJJns OUM aso~l 'pamsUl paweu aullsulelie peu a^eu PlnOM liuedwoJ aul sasualap JO SlulilJ liue OllJalqns 'pue V alnpa4JS UI paweu pamsUI a~1 ,,,pamsul,, (e) ueaw ^Jljod SI~lUI pasn ua~M SWJa\ liUIMOIIOI aul 'SWlB1 olO NOI1INI:BQ .~ '11111 ~O 1:JNVA3^NO:J Im~V l:JNVlInSNI ~O NOI1VnNI1NO:J 'Z SN011\flndllS ON\f SNOIIIONOJ wlep le~1 01 se ^Jllod SI~I Japun liuedwo:) a~llo ^llilqe!lliue aleulwJallle~s 'uOII -elnliaJ lelUaWUJa^oli JO Mel ^q pallql~oJd ssalun 'udeJlieJed SI~1 UI paJlObaJ se sailJed pJlul WOJI UOilewJOIUI IiJessaJau ^lqeuoSeaJ amJas 01 uOlsslwJad IUeJli JO uOllewJOlul pa -ISanbaJ ^lqeuoSeaJ Ja~IO aJnpoJd '~Ieo Japun uOI\eulwexa JOI ~Iwqns olluewlep pamsul a~llo amlleol 'wlep aullo uOi\eJI -SIUlwpe aul UI ^JeSsaJau Sill '^uedwo:) au\IO Iuawlipnl alqe -UOseaJ aul UI 'ssalun SJa~\o 01 pasopslp aq IOU Ileus uoq~as Slul OlluensJnd ^uedwo:) a~l 01 papl^oJd Iuewlep pamsul a~1 ^q lei\uapllUOJ se paleulilsap uOllewJolul 11\1 'a5ewep JO SSOI aul 0\ UlelJad IilqeuoSeaJ ~JI~M 'lilJed PJI~I e 10 10JIUOJ JO ^POI -snJ a~1 UI epueJOwaw pue aJuapuodsaJJOJ 's~JauJ 'sJalipal 's~ooq 'spJoJaJ lie MOJ pue IJadsul 'aulwexa 01 ^uedwo:) aul 10 a^ilelUaSaJdaJ pallJo~\ne liue JOI 'liulllJM UI 'UOISSIW -Jad SlllUeJli IIe4s \UeW!eIJ paJnsul a~l '^uedwo:) a~\lo a^ll -eluasaJdaJ pallJou)ne liue ^q palsanbaJ II 'Ja~lJnol 'aliewep JO ssol aul 01 ule\Jad ^lqeuoSeaJ UJIUM 'IiJIIOd 10 aleo Jalje JO aJOlaq alep e liulJeaq Ja~lauM 'epueJOwaw pue aJuapuods -aJJOJ 'S~Ja~J 'slalipal 's~ooq 'spJoJaJ lie '^uedwo~ a~l 10 a^i\eluasaJdaJ pallJOulne ^ue fi.q paleulilsap aq ^ew se SaJeld pue sawi\ a\qeuoseaJ ~Jns Ie 'liulMoJ pue uOilJadsul 'uOII -eUlwexa JO) aJnpoJd lIe~s pue ^uedwo:) a~llo aMlejUasaJdaJ pallJoulne ^ue ^q ~leo Japun uOi\eUlwexa olllwqns 01 paJ!nb -aJ aq ^lqeuoSeaJ ^ew lueW!ep pamsUl a~l 'uoi\lppe UI 'aliewep JO SSOllo 100Jd ~Jns liUlJlnbaJ SJalleW JO Jal\ew aul 01 pJeliaJ ~IIM 'uollelillll ^ue anUljUOJ JO 'alnJa -sold 'pualap 01 uoqeli'lqo JO lillllqellliue liUlpnpul '<l12UIWJal lIe~s IiJllod aul Japun pamsul aul 01 suol)elillqo s,^uedwO~ aul 'aliewep JO SSOllo 100Jd paJlnbaJ aul apl^oJd 01 \uewlep pamsul a~j 10 amllel a~l liq paJlpnlaJd SI liuedwo:) a~1 II 'aliewep JO SSOI aullo lunowe aulliUllelnJleJ 10 slseq a~l 'alq -Issod lualxa a~1 01 'alelS Ileus pue aliewep JO SSOllo slseq aul JO luawlied 10 aW!1 a~l 01 dn 'liuedwCY.) a~1 Aq paz!Jo~lfle aJeM uO!~M 'luew!elO pamsu! a~1 Aq paJmou! sasuadxa pue saaj ,sliauJOlle 'Sl= Aue ~~M Ja~la501 kl!lod S!~I Japun aouemsu! jO lunowe a~l jO luawAed Japual JO Aed 01 (!) 'aouemsul 10 lunowy a~llo luawlied JapUa1 JO lied 01 (e) :suoi\do leuoillppe liuIMOIIO; a~\ a^e~ lIe~s liuedwo:) a~l '^J'Iod SI~I Japun wlep e 10 aseJ UI 'AlI1IBVI1 ~O NOI1\fNIWII31 :SIAII\fl:J lllBS lSIMlI1H10 110 A\fd 01 SNOl1dO '9 , 'liuedwo:) a~llo lUaSUOJ Ual\!JM Jopd a~llnO~I!M IIIlS JO wlep liue liUllllas UI pamsu! a~l Aq pawnsse IilpelUnlO^ lillllqell JOI paJnsu! liue 01 aliewep JO SSOI JOI alqe!I aq IOU lIe~s liuedwo:) alU. (J) 'pamsul se alll) a~l 01 aSJa^pe 'WOJlaJaul sleadde lie 10 uO!llsodslp pue 'UO!lJlpspn! lualadwoJ 10 pnoo e ^q uO!leU!wJalap leU!1 e uaaq se~ aJa41l!lUn aliewep JO SSOI JOllillllqe!l ou a"e~ lIe~s liuedwo:) a~1 'IUaSUOJ s,liuedwo:) a~1411M JO ^uedwo:) a~l liq uOi\eliilllliulpnl~U! 'uOi\eli!l1l ^ue)o lua^" a~1 UI (q) 'Oluel OJd aJueJnSUI a~1 10 lunowe a~1 aJnpaJ Ileus 'sasuadxa pue saal ,sliauJOl\e 'SISOJ JDI apew sluawlied lda"xa '^Jllod SI~l Japun s\uawlied IIV 'AlI1IBVI1 ~O NOIlVNIWII31 110 N011:Jn0311 :3:JN\fllnSNI ~O NOll:JnOlll 'O~ 'JaUMO pamsUI a~l o)IiJIIOd SI~I Japun luawlied e pawaap aq lIe~s Pled os lunowe a~l pue 'y alnpa4JS U! 01 paJJalaJ JO paqlJJSap ISaJalUI JO alelsa a~1 uo ua!l JO aliJe~J e S! U"!~M pue pamsul ue liq paln~axa JalleaJau SI uJ!uM JO 'pa!qns ua~el JO 'pawnsse 'paaJlie se~ pamsul aul ~JluM 01 JO 8 alnpa~"s U! ua~el SI uOlldaJxa ~~!~M 01 alielilJOW e 5ulJnsu! ^Ollod liue Japun lied liew ^ued -wo:) a~llunowe liue liq pa~npaJ aq lIe~s IiJllOd S!~I Japun aouemsu! 10 lunowe au\le~1 pOOISJapUn IiISSaJdxa Sill '1^11,,,nlAln:JNON AlI1IB\f11 '~~ 'JalleaJa~1 sliep Ot: U!~I!M alqelied aq lIe~s aliewep JO ssol a~) 'suoilelndllS pue SUO!l!PUO:) asa~l ~I!M aJuepJoJJe UI paxlllilallullap uaaq seu aliewep JO SSOllo lualxa a~1 pue lillllqell uauM (q) 'liuedwo:) a~llo uOi\JeIS!les a~1 01 pa~sluml aq lIe~s UOII -JnJISap JO ssollo jDOJd ase" ~JI~M U! 'pa^OJISap JO lS01 uaaq se~ IiJIIOd a~\ ssalun luawlied a~llo luawasJOpua JOI ^Jllod S!~lliu!:lnpoJd InO~I!M apew aq Ileus \uawlied ON (e) 'SSOl ~O 1N1WAVd 'U ullSa^ lIe~s uOilelioJqns 10 lulip lie 'IiJIIOd S!ul Japun wlep e Pied pue palllas a^e~ lIe~s liuedwo:) a~l Ja^auauM 'uonelloJqns 101110111 s,AuedwO:J a'll (e) 'lNllAlnlBS 110 IN1IAIA\fd NOdn NOIl\f!lOIlBnS 'E~ .. Schedule A for use with Owner's Policy Attorneys' Title Guaranty Fund, Inc. SCHEDULE A Agent's File No: 578 Policy No, GF-OP-53903 Date of Policy: April 16, 2003 2:00 P.M. Amount of Insurance: $896,000.00 1. Name of Insured: AUGUSTA, GEORGIA, a political Subdivision of the State of Georgia 2, The estate or interest in the land described herein and which is covered by this policy is an estate or interest designated as follows: Fee Simple 3. Title to the estate or interest referred to herein is at the Effective Date of this Policy vested in the Insured. 4. The land herein described is encumbered by the following mortgage and assignments, if any: None And the mortgages, if any, shown in Schedule B hereof. 5. The land referred to in this policy is in the State of and is described as follows: Georaia County of Richmond SEE ATTACHED SCHEDULED A (CONTINUED) By: Schedule B For Use With Owner's Policy Attorneys 1 Title Guaranty Fund, Inc. SCHEDULE B Agent's File No: 578 Policy No. GF.OP-53903 This policy does not insure against loss or damage and the Company will not pay costs, attorneys' fees or expenses which arise by reason of the following exceptions: General Exceptions: 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, Encroachments, overlaps, boundary line disputes, or other matters which would be disclosed by an accurate surveyor inspection of the premises. 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, Any adverse claim to any portion of said land which has been created by artificial means or has accredit to any such portion so created and riparian rights, if any. 6, Taxes or special assessments which are not shown as existing liens by the public records. Special Exceptions 7. The mortgage, if any, referred to in Item 4 of Schedule A. 8. The lien of all taxes for the year 2003, and all subsequent years. 9, Declaration of Restrictions and Covenants recorded in Realty Reel 848, beginning at page 1667, aforesaid records, but this policy insures that a violation thereof will not cause a forfeiture or reversion of title, ATGF 1056 All Policy Forms (REV 9(78) Attorneys' Title Guaranty Fund, Inc. SCHEDULE A (Continued) Agent's File No: 578 Commitment No. GF- 578 Policy No. GF-53903 All that tract or parcel of land containing 153.44 acres, more or less, situate, lying and being in the State of Georgia, being in the County of Richmond shown and designated upon a plat thereof prepared by James G. Swift & Associates for Trotter Realty Co., on June, 1987 and on a compiled plat thereof prepared for Trotter Realty Co., on September 2, 1986, reference being made to said plats for a more complete and accurate description of the metes, bounds and location of said property. This property is more fully described as follows: Commencing at an iron pin which is located on the western right of way of Crosscreek Road at the northeastern corner of Lot 11, Block D, Section 2, Phase I of Quail Ridge Subdivision as shown upon a plat thereof recorded in the Office of the Clerk of Superior Court, Richmond County, Georgia, on Realty Reel 250, pages 1710-1715; with the point of beginning thus e3tablished, thence N880 00' 07"W for a distance of 150' to an iron pin; thence N01 0 59' 53"E for a distance of 970.57' to an iron pin; thence N710 33' 28"W for a distance of 85.02' to an iron pin; thence N020 00' 52"E for a distance of 686.58' to an iron pin; thence S860 13' 51"E for a distance of 716.27' to an iron pin; thence S21 049' 47"E for a distance of 85.27' to an iron pin; thence S590 02' 10"W for a distance of 60' to an iron pin; thence S850 16' 48"E for a distance of 190.62' to an iron pin; thence S050 31' 02"E for a distance of 75.02' to an iron pin; thence N750 24' 41"E for a distance of 124.10' to an iron pin; thence S560 26' OO"E for a distance of 124.10' to an iron pin; thence S560 26; OO"E for a distance of 40' to an iron pin; thence S850 31' 02"E for a distance of 1255.0'; thence S080 12' OO'W for a distance of 328.78' to an iron pin; thence S740 09' OO"E for a distance of 125' to an iron pin; thence S57" 27' OO"E for a distance of 278.79' to an iron pin; thence S870 16' 25"E for a distance of 105.11' to an iron pin; thence S220 45' 04"E for a distance of 168.07' to an iron pin on he northwestern right of way of Crosscreek Road; thence S630 26' 06'W for a distance of 44.72' to an iron pin; thence S250 56' 32"E for a Page 1 of 6 distance of 205.73' to an iron pin; thence 8450W for a distance of 82.02' to an iron pin; thence 8090 48' 41"W for a distance of 539.90' to an iron pin; thence 8100 03' 39"E for a distance of 314.84' to an iron pin; thence 8190 20' 05"E for a distance of 302.03' to an iron pin; thence 8320 06' 23"E for a distance of 301.03' to an iron pin; thence 8040 17' 06"W for a distance of 200.56' to an iron pin; thence 8340 59' 31"W for a distance of 549.30' to an iron pin; thence 8260 12' 41 "E for a distance for 72.45' to an iron pin; thence N750 52' 01"E for a distance of 286.68' to an iron pin; thence 8740 34' 12"E for a distance of 140.69' to an iron; thence 8290 56' 31 "E for a distance of 144.25' to an iron pin; thence 8610 57' 07'W for a distance of 664.71' to an iron pin; thence 8070 49' 51"E for a distance of 75.74' to an iron pin; thence 8400 26' 12"E for a distance of 151.09' to an iron pin; thence 8300 18' 40'W for a distance of 75.29 to an iron pin; thence 8280 46' 04"E for a distance of 290.90' to an iron pin; thence 8730 18' 03"E for a distance of 1 04.40' to an iron pin; thence 8400 43' 56"E for a distance of 237.54' to an iron pin; thence 8500 24' 28"W for a distance of 361.09' to an iron pin; thence N430 23; 28"W for a distance of 137.78' to an iron pin; thence N610 33' 25'W for a distance of 272.95' to an iron pin; thence N120 52' 30'W for a distance of 179.51' to an iron pin; thence N490 11' 06"W for a distance of 375.00' to an iron pin; thence N640 44' 05'W for a distance of 135.48' to an iron pin; thence 8330 21' 59'W for a distance of 66.83' to an iron pin; thence N560 38' 01 'W for a distance of 134.38' to a iron pin; thence 8640 51' 19"W for a distance of 108.26' to a iron pin; thence N600 24' 44'W for a distance of 135.69' to an iron pin; thence 8330 41 24"W for a distance of 21.63' to an iron pin; thence N530 19' 04"W for a distance of 122.20' to an iron pin; thence N170 11' 09"W for a distance of 101.53' to an iron pin; thence 8880 41' 53"W for a distance of 44.01' to an iron pin; thence N380 57' 21 "W for a distance of 120.88' to an iron pin; thence N11 0 18' 36"W for a distance of 61.19' to an iron pin; thence N520 27' 38"W for a distance of 119.81' to an iron pin; thence N050 35' 58"E for a distance of 1 02.49' to an iron pin; thence N620 19' 08'W for a distance of 275.54' to an iron pin; thence N750 49' 40'W for a distance of 102.11' to an iron pin; thence 8640 03' 28"W for a distance of 41.15' to an iron pin; thence N720 49' 55'W for a distance of 128.74' to an iron pin; thence 8760 12' 02'W for a distance of 58.69' to an iron pin; thence N720 40' 33"W for a distance of 114.18' to an iron pin; thence N340 46' 40'W for a distance of 43.85' to an iron pin; thence 8740 39' OO'W for a distance of 52.89' to an iron pin; thence N630 06' 42'W for a distance of 229.87' to an iron pin; thence N480 48' 51 'W for a distance of 63.78' to an iron pin; thence N210 05' 32'W for a distance of 75.03' to an iron pin; thence 86JO 29' 47"W for a distance of 151.54' to an iron pin; thence 8220 22' 48'W Page 2 of 6 for a distance of 91,92' to an iron pin; thence 8550 17' 03"W for a distance of 151.16' to an iron pin, thence 8890 11' 58"W for a distance of 137.14' to an iron pin; thence N020 45' 52"E for a distance of 488.89' to an iron pin; thence 8850 09' 08"E for a distance of 312.15' to an iron pin; thence 8560 51' 19"E for a distance of 68.71' to an iron pin; thence N490 12' 26"E for a distance of 31.56' to an iron pin; thence 881056' 38"E for a distance of 348.72' to an iron pin; thence N830 07' 06"E for a distance of 162.31' to an iron pin; thence N660 29' 46"E for a distance of 63.07' to an iron pin; thence 8720 39' 48"E for a distance of 297' to an iron pin; thence 8360 16' 58"E for a distance of 72.40' to an iron pin; thence N730 05' 16"E for a distance of 502.0' to an iron pin; thence 8160 54' 44"E for a distance of 159.07' to an iron pin; thence N610 13' 21 "E for a distance of 238.38' to an iron pin; thence N330 59' 34"W for a distance of 67.99' to an iron pin; thence N300 35' 51"E for a distance of 295.67' to an iron pin; thence N170 01' 18"W for a distance of 22.0' to an iron pin; thence N270 58' 42"E for a distance of 284' to an iron pin; thence N480 51' 37'W for a distance of 121.40' to an iron pin; thence 8880 20' 16"W for a distance of 63.61' to an iron pin; thence N570 40' 07'W for a distance of 121.16' to an iron pin; thence N150 17' 35"W for a distance of 65.82' to an iron pin; thence 8660 18' 21 "W for a distance of 61.21' to an iron pin; thence N620 01' 18"W for a distance of 290' to an iron pin; thence N100 08' 24"E for a distance of 65.29' to an iron pin; thence N2r 58' 42"E for a distance of 388.37' to an iron pin; thence N620 01' 18'W for a distance of 40' to an iron pin; thence N2r 58' 42"E for a distance of 140' to an iron pin; thence 8620 01' 18"E for a distance of 15' to an iron pin; thence N2r 58' 42"E for a distance of 190' to an iron pin; thence N620 01' 18"W for a distance of 680.0' to an iron pin; thence N680 30' 07"W for a distance of 1 02.61' to an iron pin; thence N770 59' 48"W for a distance of 113.51' to an iron pin; thence S81 0 01' 04"W for a distance of 113.54' to an iron pin; thence S720 53' 50"W for a distance of 288.38' to an iron pin; thence 8620 33' 15"W for a distance of 118.45 to an iron pin; thence 8440 35' 23'W for a distance of 119.93 to an iron pin; thence 8210 38' 22"W for a distance of 119.93 to an iron pin; thence 8060 57' 42'W for a distance of 109.33 to an iron pin; thence 8010 59' 35'W for a distance of 196.95 to an iron pin; thence S090 02' 37"E for a distance of 139.72 to an iron pin; thence N880 00' 07'W for a distance of 236.76' to the point of beginning. LE88 AND EXCEPT FROM THE FOREGOING PROPERTY: A ALL those tracts or parcels of land, together with any improvements thereon, situate, lying and being in Richmond County, Georgia, containing 14,60 acres and 5.54 acres more fully shown and designated upon plats thereof recorded on Realty Reel 629, page 1295, Page 3 of 6 1297-198. ALSO B. ALL those tracts or parcel of land, together with all improvements thereon, situate lying and being in the State of Georgia, County of Richmond, containing 7.12 acres, 1.23 acres and 12.95 acres all of which are referenced in a deed dated January 29, 1998 from Trotter Realty Co., to Nordahl and Company recorded in the Office of the Clerk of the Superior court, Richmond County, Georgia, on Realty Reel 584, page 130. The foregoing deed makes reference to plats which, through inadvertence, were not recorded on the records of Richmond County. The 7.12 and 1.23 Acre parcels are shown upon a plat thereof dated December 29,1997 prepared by W.R. Toole Engineers, Inc., for Nordahl and Company, Inc. to which referenced is hereby made. These parcels are more fully described as follows: Commencing at a #4 Rebar set at the Northeastern terminus of Cross Creek Road shown on a plat of Section 2, Phase I of Quail Ridge Subdivision recorded in the Office of Clerk of the Superior Court, Richmond County, Georgia, on Realty Reel 250 at page 1710-1715; with the Point of Beginning begin thus established, thence N87' 55' 41'W for a distance of 70.00 feet across the right- of-way of Cross Creek Road to a #4 Rebar set; thence N 01' 02' OO"E for a distance of 13.97 feet to a #4 R.F.; thence N8r 55' 31" W for a distance of 149.68 feet to a #4R.F.; thence N 01' 54' 34"E for a distance of 688.33 feet to a #4 R.S.; thence N01' 54' 34"E for a distance of 267.51 feet to a #4 R.S.; thence N 16' 09' 24"W for a distance of 65,04 feet to a #4 R,S.; thence N 780 17' 56"E for a distance of 148.56 feet to a #4 R.S.; thence S 410 27' 11"E for a distance of 188.50 feet to a #4 R.S.; thence S 270 09' 27" E for a distance of 189.84 feet to a #4 R.S.; thence along the are of a circle having the radius of 450 feet and an arc length of 11 feet and a chord having a bearing on N560 36' 42"E and a chord distance of 11 feet to a #4 R.S.; thence S2r 09' 28"E for a distance of 50.26 feet to a #4 R,S.; thence along the arc of a circle having a radius of 400 feet and an arch length of 16.88 feet measured on chord bearing of S 55' 24' 32''W and a chord length of 16.88 feet to a #4 R.S.; thence S380 45' 53"E for a distance of Page 4 of 6 143.19 to a #4 R.S.; thence S 440 45' 21'W for a distance of 71.38 feet to a #4 R.F.; thence S 210 27' 10"W for a distance of 119.98 feet to a #4 R.F,; thence S070 01' 07"W for a distance of 1 09.46 feet to a #4 R.F.; thence S010 59' 55"W for a distance of 81.95 feet to a #4 R.F.; thence S020 00' 04W for a distance of 114.92 feet to a #4 R.F.; thence S080 58' 10" E for a distance of 139.72 feet to a #4 R.F.; thence N870 55' 39'W for a distance of 166.76 feet to the Point of Beginning. ALSO ALL that tract or parcel of land, together with any improvements thereon, situate, lying and being in Richmond County, Georgia, containing 12.95 acres which is more fully shown upon a plat thereof prepared by Walter A. Bell dated December 28, 1997, to which reference is made in that certain Warranty Deed from Trotter Realty Co., to Nordahl and Company dated January 29, 1998 recorded on Realty Reel 584, page 130. The 12.95 acre tract is more fully described as follows: Commencing at an iron pin located at the Northeast corner of Lot 1, Block M, Section 2, Phase " of Quail Ridge Subdivision shown upon a plat thereof recorded in the Office of the Clerk of the Superior Court, Richmond County, Georgia, on Realty Reel 298, page 1746-1751; with the Point of Beginning being thus established, thence S650 10' 07"E for a distance of 730 feet to an iron pin; thence S290 07' 26'W for a distance of 826.05 feet to an iron pin; thence N 480 51' 37"W for a distance of 121.40 feet to the Eastern right-of-way of Woodcock Drive; thence S880 20' 16'W for a distance of 63.61 feet across Woodcock Drive to an iron pin; thence N570 40' 07"W for a distance of 121,16 feet to an iron pin; thence N150 17' 35"W for a distance of 65.82 feet to an iron pin; thence S660 18' 21 'W for a distance of 61.21 feet to an iron pin; thence N620 01' 18"W for a distance of 290 feet to an iron pin, thence N100 08' 14" E for a distance of 65.29 feet to an iron pin; thence N2r 58' 42"E for a distance of 388.37 feet to an iron pin; thence N620 01' 18"EW for a distance of 40 feet to an iron pin; thence N2r 58' 42" E for a distance of 140 feet to the right-of-way of Cross Haven Drive; thence S620 01' 18"E for a distance of 15 feet along the right-of-way of Cross Page 5 of 6 " Haven Drive; thence N270 58' 42"E for a distance of 190 feet to the Point of Beginning. The plat by Walter A. Bell also shows a storm water retention area along the Southeastern boundary of this 12.95 acre parcel. The Property conveyed by this deed was acquired by Trotter Realty Co., from Lofco, Inc., in a series of conveyances. Page 6 of 6 The coverage of this policy shall continue In force as of Date of Policy In favor of an Insured only so long as the Insured - retains an estate or interest In the land, or holds an indebted- ness 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 covenants of warranty made by the Insured In any transfer or conveyance of the estate or Interest. This policy shall not continue In force In lavor of any purchaser from the Insured of either (I) an estate or Interest In the land, or (1') an Indebtedness secured by a purchase money mortgage given to the Insured 3, NOTICE OF CLAIM TO BE GIVEN BV INSURED CLAIMANT, The Insured shall notify the Company promptly In writing (I) In caseof any litigation as set forth In Sectlon4(a) below, (ii) in case knowledge shall come to an Insured hereunder of any claim of title or interest which IS adverse to the title to the estate or Interest, as Insured, and which might cause loss or damage for which the Company may be liable by wtue of thiS POliCY, or lril) If title to the estate or Interest as Insured IS rejected as unmarketable If prompt notice shal'l not be given to the Company, then as to the Insured all liability of the Com- pany shall terminate with regard to the matter or matters for which prompt notice IS required: provided, however, that failure to notify the Company shall in no case prejudice the lights of any insured under thiS policy unless the Company shall be prejudiced by the failure and then only to the extent of the preJudice, 4, DEFENSE AND PROSECUTION OF ACTIONS; DUTY OF INSURED CLAIMANT TO COOPERATE. (a) Upon wlltten request by the Insured and subject to the options contained In Section 6 of these Conditions and Stipulations, the Company, at its own cost and without unrea- sonable delay, shall provide for the defense of an insured in litigation in which any third party asserts a claim adverse to the title,r interest as insured, but only as to those stated causes of action alleging a defect, lien or encumbrance or other matter insured against by this policy The Company shall have the light 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 and shall not be liable for and will not pay the fees of any other counsel The Company Will not pay any fees, costs or expenses incurred by the Insured In the defense ot those causes of actIOn which allege matters not Insured agall1st by this policy , ,(b) The Company shall have the right. at its own cost. to institute and prosecute any action or proceeding or to do any other act which In Its opinion may be necessary or desirable to establish the title to the estate or Interest, as Insured, or to pre- vent 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 hereunder. and shall noi thereby concede liability or waive any provIsion of thiS policy, It the Company shall exercise ItS rights under thiS paragraph, It shall do so diligently , Ic) Whenever the. Company shall have brought an action or Interposed a derense as reqUired or permitted by the proVIsions of ,hiS POliCY, the Company may pursue any lltiga- tron to Ilnal determinatIOn by a court of competent jurisdiction and expressly reserves the right, in its sole discretion, to appeal from any adverse Judgment or order. Id) In all cases where thiS pOlicy permits or requires the Company to prosecute or prOVide for the defense of any action or proceeding, the Insured shall secure to the Company the light to so prosecute or prOVide defense in the action or pro- ceeding, and all appeals therein, and permit the Company to use, at ItS option, the nallle of the Insured for thiS purpose, Whenever requested by the Company, the Insured. at the Com- pany's expense, shall give the Company all reasonable aid (i) In any actIOn or proceeding, securing evidence, obtaining wit- nesses, prosecuting or defending the action or proceeding, or effecting settlement. ilnd 11') In any other lawful act which in the opinion of the Company may be necessary or deSirable to establish the title to the estate or Interest as Insured, If the Company is preJudiced by the failure of the Insured to furnish the reqUired cooperation, the Company's obligations 10 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 requinng such coo;Jeratlon, 5. PROOF OF LOSS OR DAMAGE, In addition to and after the notices required under Section 3 of these Conditions and Stlpulalions have been prOVided the Company, a proof of loss or damage Signed and sworn to by the Insured claimant shall be turmshed to the ComJlany Within 90 days after the Insured claimant shall ascertain the facts giVing rise to the loss or damage, The proof of loss or damage shall describe the defect In, or lien or encumbrance on the title or other matter Insured against by thiS policy which constitutes r ~ - ~ , -- tender of payment and which the Company is obligated to pay, (ii) upon the exercise by the Company of this option, all liability and obligations to the insured under this policy, other than to make the payment required, shall terminate including any liability or obligation to defend, prosecute, 0; continue any litigation, and the policy shall be surrendered to the Company for cancellation. (b) To Payor Otherwise Settle With Parties Other than the Insured or With the Insured Claimant. (I) to payor otherwise settle With other parties for or In the r,Jme of an insured claimant any claim insured against under thiS policy, together with any costs, attorneys' fees and expenses Incurred by the insured claimant which were authorized by the Company up to the time of payment and which the Company is obligated to pay: or (Ii) to payor otherwise settle with the insured claim- ant the loss or damage provided for under this policy, together With any costs, attorneys' fees and expenses incurred by the insured claimant which were authorized by the Company up to the time of payment and which the Company is obligated to pay, Upon the exercise by the Company of either of the options prOVided for In paragraphs (b)(i) or (ii), the Company's obli- gations 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, pros- ecute or continue any litigatIOn, 7. DETERMINATION. EXTENT OF LIABILITY AND COINSURANCE. 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 mat- ters Insured against by thiS pOlicy and only to the extent herein described, (a) The liability of the Company under this pOlicy shall not exceed the least of: (I) the Amount of Insurance stated in Schedule A: or (ii) the difference between the value of the insured estate or interest as insured and the value of the insured estate or Interest subject to the defect. lien or encumbrance insured against by this policy, (b) In the event the Amount of Insurance stated in Schedule A at the Date of Policy IS less than 80 percent of the value of the Insured estate or interest or the full consideration oald for the land, whichever IS less, or if subsequent to the Date of Policy an improvement is erected on the land which in- creases the value of the insured estate or interest by at least 20 percent over the Amount of Insurance stated in Schedule A then this Policy is subject to the following: ' (i) where no subsequent improvement has been made, as to any partial loss, the Company shall only pay the loss pro rata In the proportion that the amount of insurance at Date of Policy bears to the total value of the insured estate or Interest at Date of Policy: or (ii) where a subsequent Improvement has been made, as to any partial loss, the Com- pany shall only pay the loss pro rata in the proportion that 120 percent of the Amount of Insurance stated in Schedule A bears to the sum 0: the Amount of Insurance stated In Schedule A and the amount expended for the iJ':lprovemenl. The pr?visions of this paragraph shall not apply to costs, attorneys tees and expenses for which the Company is liable under thiS policy, and shall only apply to that portion of any loss which exceeds, In the aggregate, 10 percent of the Amount of Insurance stated in Schedule A. (c) The Company Will pay only those costs, attorneys' fees and expenses Incurred in accordance with Section 4 of these Conditions and Stipulations 8, APPORTIONMENT. If the land deSCrIbed In Schedule (A)(C) consists of two or more parcels which are not used as a single site, and a loss is established affecting one or more of the parcelS but not all, the loss shall be computed and settled on a pro rata baSIS as if the amount of Insurance under this policy was diVided pro rata as to the value on Date of Policy of each separate parcel to the whole, exclusive of any improvements made subsequent to Date of POliCY, unless a liability or value has ctherwise been agreed upon as to each parcel by the Company and the insured at the time of the issuance of thiS poliCY and shown by an ex- press statement or by an endorsement attached to this policy 9, LIMITATION OF LIABILITY, (a) If the Company establishes the title, or removes the alleged defect, lien or encumbrance, or cures the lack of a fight of access to or from the land. or cures the claim of unmarket- ability of title, all as Insured,ln a reasonably diligent manner by any method, including litigation and the completion of any appeals therefrom. It shall have fully performed its obligations With respect to that matter and shall not be liable for any loss or damage caused thereby - , - , the Company unaffected by any act of the insured claimant The Company shall be subrogated to and be enlitled to all rights and remedies which the insured claimant would have had against any person or property in respect to the claim hod this policy not been issued, If requested by the Com- pany. the insured claimant shall transfer to the Company all rights and remedies against any person or property necessary In order to perfect this right of subrogation, The Insured claimant, shall permit the Company to sue, com- promise 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 or remedies, If a payment on account of a claim does not fully cover the loss of the insured claimant, the Company shall be sub- rogated to these rights and remedies in the proportion which the Company's payment bears to the whole amount of the loss, If loss should result from any act of the insured claimant as stated above, that act shall not void this policy. but the Company, In that event, shall be required to pay only that part of any losses Insured against by this policy which shall exceed the amount, if any, lost to the Company by reason of the Impairment by the insured claimant of the Company's right of subrogation (b) The Company's Rights Against non-Insured Obligors. , The Company's right of subrogation against non- Insured obligors shall exist and shall include without limita- tion. the ri9hts of the insured to indemnities, guaranties: other poliCies .of Insurance or bonds, notwithstanding any terms or conditions contained In those instruments which provide for subrogation rights by reason of this policy, 14. ARBITRATION. Unless prohibited by applicable law, either the Company or the insured may demand arbitration pursuant to the Title Insurance Arbitration Rules of the American Arbitration Association, Arbitrable matters may include, but are not limited to, any controversy or claim between the Company and the Insured aflslng out of or relating to this policy, any service of the Company in connection with its issuance or the breach of a policy provision or other obligation, All arbitrable matters when the Amount of Insurance is $1,000,000 or less shall be arbitrated at the option of either the Company or the insured, All arbitrable matters whet' the Amount of Insurance is In excess of $1.000,000 shall be arbitrated only when agreed to by both the Company and the Insured, Arbitration pursuant to this poliCY and under the Rules in effect on the date the demand for arbitration is made or, at the option of the insured. the Rules in effect at Date of Policy shall be binding upon the parties, The award may Include attorneys' fees only If the laws of the state in which the land is located permit a court to award attorneys' fees to a prevailing party, Judgment upon the award rendered by the Arbltrator(s) may be entered in any court having juriS- diction thereof, The law of the situs of the land shall apply to an arbitration under the Title Insurance Arbitration Rules, A copy of the Rules may be obtained from the Company upon request. 15. LIABILITY LIMITED TO THIS POLICY; POLICY ENTIRE CONTRACT. (a) This policy together with all endorsements. if any, attached hereto by the Company is the entire policy and con- tract between the insured and the Company, In interpreting any provision of this ~olicy, this policy shall be construed as a whole, (b) Any claim of loss or damage, whether or not based on negligence, and which arises out of the status of the title to the estate or interest covered hereby or by any action as- serting such claim, shall be restricted to this policy, (c) No amendment of or endorsement to this policy can be made except by a writing endorsed hereon or attached hereto Signed by either the President, a Vice Presi- dent, the Secretary, an Assistant Secretary, or validating officer or authorized signatory of the Company 16, SEVERABILITY. In the event any provision of the policy is held invalid or unenforceable under applicable law. the policy shall be deemed not to Include that provision and all other provisions shall remain In full force and effect. 17, NOTICES, WHERE SENT, All notices required to be given the Company and any statement In writing reqUired to be furnished the Company shall Include the number _of this policy and shall be addressed to the Company at 114 East Fifth Street, Santa Ana, California 92701, or to the office which issued this pOlicy ~ , .-