COMMITMENT FOR TITLE INSURANCE SCHEDULE …

1 COMMITMENT FOR TITLE INSURANCE SCHEDULE B Part II Copyright 2006-2009 american land TITLE association . All rights reserved. The use of this Form is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the american land TITLE association . File No. 45070 AK STG ALTA COMMITMENT (6/17/06) AK 2/6/12 SCHEDULE B II Page 1 of 2 File No.: 45070 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. Rights or claims of parties in possession not shown by the Public Records.

2 2. Easements, or claims, of easement, not shown by the Public Records. 3. Encroachments, overlaps, boundary line disputes, or other matters which would be disclosed by an accurate survey or inspection of the land . 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. Taxes or special assessments which are not shown as existing liens by the Public Records. 6. (a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (c) water rights, claims or TITLE to water, whether or not the matters excepted under (a), (b) or (c) are shown by the public records 7.

3 Rights of the state or federal government and/or public in and to any portion of the land for right of way as established by federal statute RS 2477 (whether or not such rights are shown by recordings of easements and/or maps in the public records by the State of Alaska showing the general location of these rights of way) 8. Subject property does not lie within an organized taxing district. No taxes are currently being assessed. 9. Subject to the terms, conditions and reservations as contained in Tentative Approval recorded March 14, 1986 in Book 26 at Page 449. 10. Reservations and exceptions as contained in the State of Alaska Patent and acts relating thereto.

4 11. Easements and notes as shown on Plat No. 98-3 and Plat No. 99-14. 12. TITLE is to vest in parties not yet disclosed and may then be subject to matters appearing of record against the names of said parties. (Continued to next page) COMMITMENT FOR TITLE INSURANCE SCHEDULE B Part II Copyright 2006-2009 american land TITLE association . All rights reserved. The use of this Form is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the american land TITLE association . File No. 45070 AK STG ALTA COMMITMENT (6/17/06) AK 2/6/12 SCHEDULE B II Page 2 of 2 13.

5 NOTE: There have been no Deeds recorded within the last 24 months affecting the herein described property. NOTE: Please be aware that a change in coverage amount may necessitate a change in the premium amount.