Common use of Preliminary Report Clause in Contracts

Preliminary Report. In response to the above referenced application for a policy of title insurance, this company hereby reports that it is prepared to issue, or cause to be issued, as of the date hereof, a Policy or Policies of Title Insurance describing the land and the estate or interest therein hereinafter set forth, insuring against loss which may be sustained by reason of any defect, lien or encumbrance not shown or referred to as an Exception below or not excluded from coverage pursuant to the printed Schedules, Conditions and Stipulations of said Policy forms. The printed Exceptions and Exclusions from the coverage of said Policy or Policies are set forth in Exhibit A attached. Copies of the Policy forms should be read. They are available from the office which issued this report. Please read the exceptions shown or referred to below and the exceptions and exclusions set forth in Exhibit A of this report carefully. The exceptions and exclusions are meant to provide you with notice of matters which are not covered under the terms of the title insurance policy and should be carefully considered. It is important to note that this preliminary report is not a written representation as to the condition of title and may not list all liens, defects, and encumbrances affecting title to the land. This report (and any supplements or amendments hereto) is issued solely for the purpose of facilitating the issuance of a policy of title insurance and no liability is assumed hereby. If it is desired that liability be assumed prior to the issuance of a policy of title insurance, a Binder or Commitment should be requested. First American Title Insurance Company Order Number: NCS-335499-SC Page Number: 2 Dated as of April 7, 2008 at 7:30 A.M. The form of Policy of title insurance contemplated by this report is: 2006 ALTA Owners Policvy A specific request should be made if another form or additional coverage is desired. Title to said estate or interest at the date hereof is vested in: MFP/HUNTER@FIRST OFFICE PARTNERS, LLC, a Delaware limited liability company The estate or interest in the land hereinafter described or referred to covered by this Report is: Fee Simple The Land referred to herein is described as follows: (See attached Legal Description) At the date hereof exceptions to coverage in addition to the printed Exceptions and Exclusions in said policy form would be as follows:

Preliminary Report. In response to the above referenced application for a policy of title insuranceinsurance referenced herein, this company Fidelity National Title Company hereby reports that it is prepared to issue, or cause to be issued, as of the date hereof, a Policy or Policies of Title Insurance describing the land and the estate or interest therein hereinafter set forth, insuring against loss which may be sustained by reason of any defect, lien or encumbrance not shown or referred to as an Exception below herein or not excluded from coverage pursuant to the printed Schedules, Conditions and Stipulations of said Policy forms. The printed Exceptions and Exclusions from the coverage and Limitations on Covered Risks of said Policy or Policies are set forth in Exhibit A attached. Limitations on Covered Risks applicable to the CLTA and ALTA Homeowner’s Policies of Title Insurance which establish a Deductible Amount and a Maximum Dollar Limit of Liability for certain coverages are also set forth in Exhibit A. Copies of the Policy forms should be read. They are available from the office which issued this report. This report (and any supplements or amendments hereto) is issued solely for the purpose of facilitating the issuance of a policy of title insurance and no liability is assumed hereby. If it is desired that liability be assumed prior to the issuance of a policy of title insurance, a Binder or Commitment should be requested. The Policy(s) of title insurance to be issued hereunder will be policy(s) of Fidelity National Title Insurance Company, a California Corporation. Please read the exceptions shown or referred to below and the exceptions and exclusions set forth in Exhibit A of this report carefully. The exceptions and exclusions are meant to provide you with notice of matters which are not covered under the terms of the title insurance policy and should be carefully considered. It is important to note that this preliminary report is not a written representation as to the condition of title and may not list all liens, defects, defects and encumbrances affecting title to the land. This report Fidelity National Title Company 0000 Xxxxxxxxx Xxxxxxxxx suite 100 Van Nuys, CA 91411 (and any supplements or amendments hereto000) is issued solely for the purpose of facilitating the issuance of a policy of title insurance and no liability is assumed hereby. If it is desired that liability be assumed prior to the issuance of a policy of title insurance000-0000 FAX (000) 000-0000 PRELIMINARY REPORT ESCROW OFFICER: Xxxxx Xxxxxxxx TITLE OFFICER: Xxx Xxxx - 000-0000 Fax 000-0000 XXXXX XX.: 19505132 LOAN NO.: Natrol Real Estate TO: CB Xxxxxxx Xxxxx 00 Xxxxxxxxx Xxxx Xxxxx 00xx Xxxxx Xxxxxxxxx Xxxx, a Binder or Commitment should be requested. First American Title Insurance Company Order NumberXX 00000 ATTN: NCS-335499-SC Page NumberXxxxxxx Xxxxxxxx YOUR REFERENCE.: 2 Dated as of April 721411 Prairie SHORT TERM RATE: No PROPERTY ADDRESS: 00000 Xxxxxxx Xxxxxx (Xxxxxxxxxx Xxxx), 2008 at 7:30 Los Angeles, California EFFECTIVE DATE: March 23, 2007, 07:30 A.M. The form of Policy or Policies of title insurance contemplated by this report is: 2006 ALTA Owners Policvy California Land Title Association Standard Coverage Policy - 1990 American Land Title Association Loan Policy (10-17-92) with A.L.T.A. Form 1 Coverage 1. THE ESTATE OR INTEREST IN THE LAND HEREINAFTER DESCRIBED OR REFERRED TO COVERED BY THIS REPORT IS: A specific request should be made if another form or additional coverage is desired. Title to said estate or interest at the date hereof is vested in: MFP/HUNTER@FIRST OFFICE PARTNERS, LLC, a Delaware limited liability company The estate or interest in the land hereinafter described or referred to covered by this Report is: Fee Simple The Land referred to herein is described as follows: (See attached Legal Description) At the date hereof exceptions to coverage in addition to the printed Exceptions and Exclusions in said policy form would be as follows:Fee

Preliminary Report. In response to the above referenced application for a policy of title insuranceInsurance, this company hereby reports that it is prepared to issue, or cause to be issued, as of the date hereof, a Policy or Policies of Title Insurance describing the land and the estate or interest Interest therein hereinafter set forth, insuring against loss which may be sustained by reason of any defect, lien or encumbrance not shown or referred to as an Exception below or not excluded from coverage pursuant to the printed Schedules, Conditions and Stipulations of said Policy forms. The printed Exceptions and Exclusions from the coverage and Limitations on Covered Risks of said Policy policy or Policies policies are set forth in In Exhibit A attached. The policy to be Issued may contain an arbitration clause. When the Amount of Insurance Is less than that set forth In the arbitration clause, all arbitrable matters shall be arbitrated at the option of either the Company or the Insured as the exclusive remedy of the parties. Limitations on Covered Risks applicable to the CLTA and ALTA Homeowner’s Policies of Title Insurance which establish a Deductible Amount and a Maximum Dollar Limit of Liability for certain coverages are also set forth In Exhibit A. Copies of the Policy policy forms should be read. They are available from the office which issued this report. Please read the exceptions shown or referred to below and the exceptions and exclusions set forth in Exhibit A of this report carefully. The exceptions and exclusions are meant to provide you with notice of matters which are not covered under the terms of the title insurance Insurance policy and should be carefully considered. , First American Title Insurance Company Order Number: NCS-507315-SC It is important to note that this preliminary report is not a written representation as to the condition of title and may not list all liens, defects, and encumbrances affecting title to the land. This report (and any supplements or amendments hereto) is issued Is Issued solely for the purpose of facilitating the issuance of a policy of title insurance and no liability is assumed hereby. If it is desired that liability be assumed prior to the issuance of a policy of title insuranceInsurance, a Binder or Commitment should be requested. First American Title Insurance Company Order Number: NCS-335499NCS-507315-SC Page Number: 2 Dated as of April 7July 20, 2008 2012 at 7:30 A.M. The form of Policy of title insurance contemplated by this report is: 2006 ALTA Owners Policvy To Be Determined A specific request should be made if another form or additional coverage is desired. Title to said estate or interest at the date hereof is vested in: MFP/HUNTER@FIRST OFFICE PARTNERS, Mathilda Avenue Hotel LLC, a Delaware California limited liability company The estate or interest in the land hereinafter described or referred to covered by this Report is: Fee Simple as to Parcel One, an easement as to Parcel Two. The Land referred to herein is described as follows: (See attached Legal Description) At the date hereof exceptions to coverage in addition to the printed Exceptions and Exclusions in said policy form would be as follows:

Preliminary Report. In response Optionee may review and approve or disapprove, in its sole discretion, the Preliminary Report on or before 5:00 p.m. on or before the date that is twenty (20) days after the receipt by Optionee. If, prior to the Close of Escrow, the Title Company issues a supplemental preliminary report ("Supplemental Report") showing new title exceptions affecting the Property, Optionee shall have five (5) Business Days after receipt of the Supplemental Report to review and approve any such new exceptions, which approval shall not be unreasonably withheld with respect to any Supplemental Reports received after the Feasibility Period. Optionee shall be deemed to have approved any exceptions shown in the Preliminary Report and/or any such new exceptions shown in any Supplemental Report if it does not deliver written notice of disapproval to Owner during the applicable period set forth above referenced application for in this Section. If Optionee timely disapproves any exceptions shown on the Preliminary Report or any new exceptions shown in a policy of title insuranceSupplemental Report, this company hereby reports Owner shall have five (5) Business Days to elect to cure any such exceptions by delivering written notice to Optionee. If Owner does not deliver written notice that it is prepared will cure such disapproved exceptions within such time period, Owner shall be deemed to issuehave elected not to cure such items. If Owner does not elect to cure any such disapproved items, Optionee shall have (i) two (2) Business Days after delivery of any notice from Owner of its election not to so cure such items or cause (ii) seven (7) Business Days after delivery of Optionee's notice of disapproval to Owner to either elect to waive its prior disapproval or to terminate this Agreement. If Optionee so elects to terminate this Agreement, then this Agreement shall terminate as provided in Section 3.3 above. Any title exceptions shown in the Preliminary Report and any exceptions shown in any Supplemental Report which are approved or deemed to be issued, as of the date hereof, a Policy or Policies of Title Insurance describing the land and the estate or interest therein hereinafter set forth, insuring against loss which may approved by Optionee shall be sustained by reason of any defect, lien or encumbrance not shown or referred to as an Exception below the "Permitted Exceptions." Owner agrees that it will not voluntary impose or not excluded from coverage pursuant create any exceptions to title that will be binding upon the printed Schedules, Conditions Property after the Close of Escrow and Stipulations of said Policy forms. The printed Exceptions will materially and Exclusions from the coverage of said Policy or Policies are set forth in Exhibit A attached. Copies adversely affect Optionee's proposed use and development of the Policy forms should be read. They are available from Property unless Owner agrees to remove the office which issued this report. Please read same on or before the exceptions shown or referred to below and the exceptions and exclusions set forth in Exhibit A Close of this report carefully. The exceptions and exclusions are meant to provide you with notice of matters which are not covered under the terms of the title insurance policy and should be carefully considered. It is important to note that this preliminary report is not a written representation as to the condition of title and may not list all liens, defects, and encumbrances affecting title to the land. This report (and any supplements or amendments hereto) is issued solely for the purpose of facilitating the issuance of a policy of title insurance and no liability is assumed hereby. If it is desired that liability be assumed prior to the issuance of a policy of title insurance, a Binder or Commitment should be requested. First American Title Insurance Company Order Number: NCS-335499-SC Page Number: 2 Dated as of April 7, 2008 at 7:30 A.M. The form of Policy of title insurance contemplated by this report is: 2006 ALTA Owners Policvy A specific request should be made if another form or additional coverage is desired. Title to said estate or interest at the date hereof is vested in: MFP/HUNTER@FIRST OFFICE PARTNERS, LLC, a Delaware limited liability company The estate or interest in the land hereinafter described or referred to covered by this Report is: Fee Simple The Land referred to herein is described as follows: (See attached Legal Description) At the date hereof exceptions to coverage in addition to the printed Exceptions and Exclusions in said policy form would be as follows:Escrow.

Preliminary Report. In response to the above referenced application for a policy of title insurance, this this, company hereby reports that it is prepared to issue, or cause to be issued, as of the date hereof, a Policy or Policies of Title Insurance describing the land and the estate or interest therein hereinafter set forth, insuring against loss which may be sustained by reason of any defect, lien or encumbrance not shown or referred to as an Exception below or not excluded from coverage pursuant to the printed Schedules, Conditions and Stipulations of said Policy forms. The printed Exceptions and Exclusions from the coverage of said Policy or Policies are set forth in Exhibit A attached. Copies of the Policy forms should be read. They are available from the office which issued this report. Please read the exceptions shown or referred to below and the exceptions and exclusions set forth in Exhibit A of this report carefully. The exceptions and exclusions are meant to provide you with notice of matters which are not covered under the terms of the title insurance policy and should be carefully considered. It is important to note that this preliminary report is not a written representation as to the condition of title and may not list all liens, defects, and encumbrances affecting title to the land. This report (and any supplements or amendments hereto) is issued solely for the purpose of facilitating the issuance of a policy of title insurance and no liability is assumed hereby. If it is desired that liability be assumed prior to the issuance of a policy of title insurance, a Binder or Commitment should be requested. First American Title Insurance Company Order Number: NCS-335499-SC Page Number: 2 Dated as of April 7May 6, 2008 at 7:30 A.M. The form of Policy of title insurance contemplated by this report is: 2006 ALTA Owners Policvy Owner’s Policy (10-17-92) A specific request should be made if another form or additional coverage is desired. Title to said estate or interest at the date hereof is vested in: MFP/HUNTER@FIRST OFFICE PARTNERS, LLC, a Delaware limited liability company The estate or interest in the land hereinafter described or referred to covered by this Report is: Fee Simple The Land referred to herein is described as follows: (See attached Legal Description) At the date hereof exceptions to coverage in addition to the printed Exceptions and Exclusions in said policy form would be as follows:

Preliminary Report. In response to the above referenced application for a policy of title insuranceinsurance referenced herein, this company Fidelity National Title Company hereby reports that it is prepared to issue, or cause to be issued, as of the date hereof, a Policy or Policies of Title Insurance describing the land and the estate or interest therein hereinafter set forth, insuring against loss which may be sustained by reason of any defect, lien or encumbrance not shown or referred to as an Exception below herein or not excluded from coverage pursuant to the printed Schedules, Conditions and Stipulations of said Policy forms. The printed Exceptions and Exclusions from the coverage and Limitations on Covered Risks of said Policy or Policies are set forth in Exhibit A attached. Limitations on Covered Risks applicable to the CLTA and ALTA Homeowner’s Policies of Title Insurance which establish a Deductible Amount and a Maximum Dollar Limit of Liability for certain coverages are also set forth in Exhibit A. Copies of the Policy forms should be read. They are available from the office which issued this report. This report (and any supplements or amendments hereto) is issued solely for the purpose of facilitating the issuance of a policy of title insurance and no liability is assumed hereby. If it is desired that liability be assumed prior to the issuance of a policy of title insurance, a Binder or Commitment should be requested. The Policy(s) of title insurance to be issued hereunder will be policy(s) of Fidelity National Title Insurance Company, a California Corporation. Please read the exceptions shown or referred to below and the exceptions and exclusions set forth in Exhibit A of this report carefully. The exceptions and exclusions are meant to provide you with notice of matters which are not covered under the terms of the title insurance policy and should be carefully considered. It is important to note that this preliminary report is not a written representation as to the condition of title and may not list all liens, defects, defects and encumbrances affecting title to the land. This report Fidelity National Title Company 0000 Xxxxxxxxx Xxxxxxxxx suite 100 Van Nuys, CA 91411 (000) 000-0000 FAX (000) 000-0000 PRELIMINARY REPORT ESCROW OFFICER: Xxxxx Xxxxxxxx ORDER NO.: 19505132 - C TITLE OFFICER: Xxx Xxxx - 000-0000 Fax 000-0000 Amendment LOAN NO.: Natrol Real Estate II TO: Fidelity National Title 0000 Xxxxxxxxx Xxxxxxxxx #100 Van Nuys, CA 91411 ATTN: Xxxxx Xxxxxxxx YOUR REFERENCE.: Fidelity National Title SHORT TERM RATE: No PROPERTY ADDRESS: 0000 Xxxxxxxxxx Xxxxxx and any supplements or amendments hereto) is issued solely for the purpose of facilitating the issuance of a policy of title insurance and no liability is assumed hereby. If it is desired that liability be assumed prior to the issuance of a policy of title insurance00000 Xxxxxxx Xxxxxx, a Binder or Commitment should be requested. First American Title Insurance Company Order NumberXxxxxxxxxx xxxx Los Angeles, California EFFECTIVE DATE: NCS-335499-SC Page Number: 2 Dated as of April 72, 2008 at 7:30 2007, 07:30 A.M. The form of Policy or Policies of title insurance contemplated by this report is: 2006 ALTA Owners Policvy California Land Title Association Standard Coverage Policy - 1990 American Land Title Association Loan Policy (10-17-92) with A.L.T.A. Form 1 Coverage 1. THE ESTATE OR INTEREST IN THE LAND HEREINAFTER DESCRIBED OR REFERRED TO COVERED BY THIS REPORT IS: A specific request should be made if another form or additional coverage is desired. Title FEE as to said estate or interest at the date hereof is vested in: MFP/HUNTER@FIRST OFFICE PARTNERS, LLC, a Delaware limited liability company The estate or interest in the land hereinafter Parcel(s) 1 and 3; AN EASEMENT more fully described or referred below as to covered by this Report is: Fee Simple The Land referred to herein is described as follows: (See attached Legal DescriptionParcel(s) At the date hereof exceptions to coverage in addition to the printed Exceptions and Exclusions in said policy form would be as follows:2

Preliminary Report. In response to the above referenced application for a policy of title insurance, this company hereby reports that it is prepared to issueIssue, or cause to be issued, as of the date hereof, a Policy or Policies of Title Insurance describing the land and the estate or interest Interest therein hereinafter set forth, insuring Insuring against loss toss which may be sustained by reason of any defect, lien or encumbrance not shown or referred to as an Exception below or not excluded from coverage pursuant to the printed Schedules, Conditions and Stipulations of said Policy forms. The printed Exceptions and Exclusions from the coverage and Limitations on Covered Risks of said Policy policy or Policies policies are set forth in In Exhibit A attached. The policy to be Issued may contain an arbitration clause. When the Amount of Insurance is less than that set forth In the arbitration clause, all arbitrable matters shall be arbitrated at the option of either the Company or the Insured as the exclusive remedy of the parties. Limitations on Covered Risks applicable to the CLTA and ALTA Homeowner’s Policies of Title Insurance which establish a Deductible Amount and a Maximum Dollar Limit of Liability for certain coverages are also set forth In Exhibit A. Copies of the Policy policy forms should be read. They are available from the office which issued this report. Please read the exceptions shown or referred to below and the exceptions and exclusions set forth in Exhibit A of this report carefully. The exceptions and exclusions are meant to provide you with notice of matters which are not covered under the terms of the title insurance policy and should be carefully considered. It is important to note that this preliminary report is not a written representation as to the condition of title and may not list all liens, defects, and encumbrances affecting title to the land. First American Title Insurance Company Order Number: NC.S-515282-SC This report (and any supplements or amendments hereto) is issued Is Issued solely for the purpose of facilitating the issuance Issuance of a policy of title insurance Insurance and no liability is assumed hereby. If it is It Is desired that liability be assumed prior to the issuance Issuance of a policy of title insurance, a Binder or Commitment should be requested. First American Title Insurance Company Order Number: NCS-335499NCS-515282-SC Page Number: 2 3 Dated as of April 7July 19, 2008 2012 at 7:30 A.M. The form of Policy of title insurance contemplated by this report is: 2006 ALTA Owners Policvy To Be Determined A specific request should be made if another form or additional coverage is desired. Title to said estate or interest at the date hereof is vested in: MFP/HUNTER@FIRST OFFICE PARTNERS, Sequoia M & M LLC, a Delaware California limited liability company The estate or interest in the land hereinafter described or referred to covered by this Report is: Fee Simple The Land referred to herein is described as follows: (See attached Legal Description) At the date hereof exceptions to coverage in addition to the printed Exceptions and Exclusions in said policy form would be as follows:

Preliminary Report. In response to the above referenced application for a policy of title insurance, this company hereby reports that it is prepared to issue, or cause to be issued, as of the date hereof, a Policy or Policies of Title Insurance describing the land and the estate or interest therein hereinafter set forth, insuring against loss which may be sustained by reason of any defect, lien or encumbrance not shown or referred to as an Exception below or not excluded from coverage pursuant to the printed Schedules, Conditions and Stipulations of said Policy forms. The printed Exceptions and Exclusions from the coverage and Limitations on Covered Risks of said Policy policy or Policies policies are set forth in Exhibit A attached. The policy to be issued may contain an arbitration clause. When the Amount of Insurance is less than that set forth in the arbitration clause, all arbitrable matters shall be arbitrated at the option of either the Company or the Insured as the exclusive remedy of the parties. Limitations on Covered Risks applicable to the CLTA and ALTA Homeowner's Policies of Title Insurance which establish a Deductible Amount and a Maximum Dollar Limit of Liability for certain coverages are also set forth in Exhibit A. Copies of the Policy policy forms should be read. They are available from the office which issued this report. Please read the exceptions shown or referred to below and the exceptions and exclusions set forth in Exhibit A of this report carefully. The exceptions and exclusions are meant to provide you with notice of matters which are not covered under the terms of the title insurance policy and should be carefully considered. It is important to note that this preliminary report is not a written representation as to the condition of title and may not list all liens, defects, and encumbrances affecting title to the land. This report (and any supplements or amendments hereto) is issued solely for the purpose of facilitating the issuance of a policy of title insurance and no liability is assumed hereby. If it is desired that liability be assumed prior to the issuance of a policy of title insurance, a Binder or Commitment should be requested. First American Title Insurance Company Order Number: NCS-335499-SC Page Number: 2 Dated as of April 7October 30, 2008 2012 at 7:30 A.M. The form of Policy of title insurance contemplated by this report is: ALTA Extended Loan Policy - 2006 ALTA Owners Policvy A specific request should be made if another form or additional coverage is desired. Title to said estate or interest at the date hereof is vested in: MFP/HUNTER@FIRST OFFICE PARTNERSRS Bridgepointe, LLC, a Delaware California limited liability company, as to an undivided 15.11232% interest; DHV Partners, LLC, a California limited liability company, as to an undivided 12.71186% interest; and SPI Bridgepointe Partners, LP, a California limited partnership, successor by merger to DW Bridgepointe, LLC, a California limited liability company and SPI Bridgepointe, LLC, a California limited liability company, as to an undivided 72.17582% interest The estate or interest in the land hereinafter described or referred to covered by this Report is: Fee Simple as to Parcel I, an easement as to Parcel II and III. The Land referred to herein is described as follows: (See attached Legal Description) At the date hereof exceptions to coverage in addition to the printed Exceptions and Exclusions in said policy form would be as follows:

Preliminary Report. In response to the above referenced application for a policy of title insurance, this company hereby reports that it is prepared to issue, or cause to be issued, as of the date hereof, a Policy or Policies of Title Insurance describing the land and the estate or interest therein hereinafter set forth, insuring against loss which may be sustained by reason of any defect, lien or encumbrance not shown or referred to as an Exception below or not excluded from coverage pursuant to the printed Schedules, Conditions and Stipulations of said Policy forms. The printed Exceptions and Exclusions from the coverage and Limitations on Covered Risks of said Policy policy or Policies policies are set forth in Exhibit A attached. The policy to be issued may contain an arbitration clause. When the Amount of Insurance is less than that set forth in the arbitration clause, all arbitrable matters shall be arbitrated at the option of either the Company or the Insured as the exclusive remedy of the parties. Limitations on Covered Risks applicable to the CLTA and ALTA Homeowner’s Policies of Title Insurance which establish a Deductible Amount and a Maximum Dollar Limit of Liability for certain coverages are also set forth in Exhibit A. Copies of the Policy policy forms should be read. They are available from the office which issued this report. Please read the exceptions shown or referred to below and the exceptions and exclusions set forth in Exhibit A of this report carefully. The exceptions and exclusions are meant to provide you with notice of matters which are not covered under the terms of the title insurance policy and should be carefully considered. It is important to note that this preliminary report is not a written representation as to the condition of title and may not list all liens, defects, and encumbrances affecting title to the land. This report (and any supplements or amendments hereto) is issued solely for the purpose of facilitating the issuance of a policy of title insurance and no liability is assumed hereby. If it is desired that liability be assumed prior to the issuance of a policy of title insurance, a Binder or Commitment should be requested. First American Title Insurance Company Order Number: NCS-335499-SC Page Number: 2 Dated as of April 7August 03, 2008 2015 at 7:30 A.M. The form of Policy of title insurance contemplated by this report is: 2006 ALTA Owners Policvy To Be Determined A specific request should be made if another form or additional coverage is desired. Title to said estate or interest at the date hereof is vested in: MFP/HUNTER@FIRST OFFICE PARTNERSXXXX XXXXX HEALTH CARE DISTRICT, LLC, a Delaware limited liability company A CALIFORNIA CORPORATION The estate or interest in the land hereinafter described or referred to covered by this Report is: Fee Simple simple. The Land referred to herein is described as follows: (See attached Legal Description) At the date hereof exceptions to coverage in addition to the printed Exceptions and Exclusions in said policy form would be as follows:

Preliminary Report. In response to the above referenced application for a policy of title insuranceInsurance, this company hereby reports that it is prepared to issueissues, or cause to be issued, as of the date hereof, a Policy or Policies of Title Insurance describing the land and the estate or interest therein hereinafter set forth, insuring against loss which may be sustained by reason of any defect, lien or encumbrance not shown or referred to as an Exception below or not excluded from coverage courage pursuant to the printed Schedules, Conditions and Stipulations Stipulators of said Policy policy forms. The printed Exceptions and Exclusions from the coverage and Limitations on Covered Risks of said Policy policy or policies are set forth In Exhibit A attached. The policy to be Issued may contain an arbitration clause. When the Amount of Insurance is less than that set forth in the arbitration clause, all arbitrable matters shall be arbitrated at the option of either the Company or the Insured as the exclusive remedy of the parties, Limitations on Covered Risks applicable to the CLTA and ALTA Homeowner’s Policies of Title Insurance which establish a Deductible Amount and a Maximum Dollar limit of Liability for certain coverages are also set forth in Exhibit A attached. A. Copies of the Policy policy forms should be read. They are available from the office which issued this report. Please read the exceptions shown or referred to below and the exceptions and exclusions set forth in Exhibit A of this report carefully. The exceptions exception and exclusions are meant to provide you with notice of matters which are not covered under the terms learns of the title insurance policy and should be carefully considered. It is important to note that this preliminary report is not a written representation as to the condition of title and may not list all liens, defectsdefacts, and encumbrances affecting title to the land. First American Title Insurance Company Order Number: NCS-638460-LA2 Page Number: 2 This report (and any supplements or amendments hereto) is issued solely for the purpose of facilitating the issuance of a policy of title insurance and no liability is assumed hereby. If it is desired that liability be assumed prior to the issuance of a policy of title insurance, a Binder or Commitment should be requested. First American Title Insurance Company Order Number: NCS-335499NCS-638460-SC LA2 Page Number: 2 3 Dated as of April 7January 09, 2008 2014 at 7:30 A.M. The form of Policy of title insurance Insurance contemplated by this report is: ALTA Extended Loan Policy - 2006 ALTA Owners Policvy Extended Owner Policy - 2006 A specific request should be made if If another form or additional coverage is desired. Title to said estate or interest at the date hereof is vested inIn: MFPCREA/HUNTER@FIRST OFFICE PARTNERSWINDSTAR PLEASANTON, LLC, a Delaware limited liability company A DELAWARE LIMITED LIABILITY COMPANY The estate or interest in In the land hereinafter described or referred to covered by this Report is: Fee Simple The Land referred to herein is described as follows: (See attached Legal Description) At the date hereof exceptions to coverage in addition to the printed Exceptions and Exclusions in said policy form would be as follows:Is;

Preliminary Report. In response As soon as possible after the execution of this Agreement by Buyer and Seller, Seller shall endeavor to cause the Title Company to deliver to Buyer a current preliminary report (the “Preliminary Report”) for the Property showing the status of title to the above referenced application Property as of the date of the Preliminary Report, together with legible and complete copies of the underlying exceptions disclosed on Schedule B of such Preliminary Report (“Title Documents”). The Buyer shall have until fifteen (15) days after receipt of the Preliminary Report and all Title Documents (the “Title Review Period”) within which to give written notice to the Seller and Escrow Holder of any unacceptable exceptions to the Preliminary Report, which disapproval notice shall indicate Buyer’s specific grounds for a policy disapproval. If any supplement or amendment to the Preliminary Report is issued and shows any additional exception to title, including any results from any survey conducted by Buyer (which is other than any Permitted Exception and which materially adversely affects Buyer’s title, in Buyer’s sole discretion), the Buyer shall have until the later of the Title Review Period or five (5) business days from the date such supplement or amendment to the Preliminary Report together with legible and complete copies of underlying documents in connection therewith are provided to Buyer (the “Extended Title Review Period”) within which to give to the Seller written notice of disapproval of such additional exception to title. Any exceptions which are timely disapproved of by Buyer pursuant to this Section 4.1 shall be herein collectively called the “Title Objections.” If Buyer fails to give notice of disapproval to the Seller within the relevant Title Review Period or Extended Title Review Period, as the case may be, then the Buyer shall conclusively be deemed to have approved the status of title insuranceas shown by the Preliminary Report, this company hereby reports that it is prepared Title Documents and any supplement or amendment to issuethe Preliminary Report, including any additional or modified Title Documents. If the Buyer gives to the Seller written notice of disapproval within the Title Review Period or Extended Title Review Period, as the case may be, then, at Seller’s sole discretion, Seller may elect (but shall not be obligated) to remove, or cause to be issuedremoved at its expense, on or prior to the Close of Escrow, any Title Objections, which removal may be deemed effected by the issuance of title insurance eliminating or insuring against the effect of the Title Objections with assurances reasonably satisfactory to Buyer after issuance, without charge, of such insurance in favor of subsequent lender, buyers, and tenants of the Property. Seller shall notify Buyer in writing within five (5) business days after receipt of Buyer’s notice of Title Objections whether Seller elects to use its commercially reasonable efforts to attempt to remove any Title Objections (“Seller’s Title Notice”). Seller’s failure to so notify Buyer shall be deemed Seller’s election not to remove any Title Objections. If Seller is unable to remove or endorse over any Title Objections prior to the Close of Escrow, or if Seller elects not to remove one or more Title Objections, then, within five (5) business days after Seller’s notification to Buyer, Buyer may provide Seller with notice that it has elected to terminate this Agreement, in which event the Deposit, less one-half (1/2) of any cancellation fees of Escrow Holder, shall be paid to Buyer by Escrow Holder and, thereafter, the parties shall have no further rights or obligations hereunder except for obligations which expressly survive the termination of this Agreement. If Buyer does not timely deliver written notice of such election to terminate, then Buyer shall be deemed to waive such Title Objections, in which event such Title Objections shall be deemed Permitted Exceptions and the Close of Escrow shall occur as herein provided without any reduction of or credit against the Purchase Price. If Seller fails, on or before the Close of Escrow, to cure or delete as exceptions to the Title Policy (as defined below) any Title Objections as to which Seller has agreed to use commercially reasonable efforts to cure or delete in Seller’s Title Notice, Buyer, as its sole right, shall elect either (i) to waive its disapproval of such Title Objections and proceed to the date hereofClose of Escrow (whereupon such waived Title Objections shall be deemed Permitted Exceptions), a Policy or Policies (ii) to terminate this Agreement by giving Seller and Escrow Agent written notice of Title Insurance describing such election on or before the land and Close of Escrow, in which event Escrow Holder shall return the estate or interest therein hereinafter set forthDeposit, insuring against loss which may be sustained by reason less one-half (1/2) of any defectcancellation fees of Escrow Holder, lien to Buyer. If Buyer fails to give Seller and Escrow Holder written notice of its election of (i) or encumbrance not shown (ii) above on or referred before the Close of Escrow, Buyer shall be deemed to as an Exception below or not excluded from coverage pursuant have waived its disapproval of such Disapproved Items and Buyer shall proceed to the printed Schedules, Conditions and Stipulations Close of said Policy forms. The printed Exceptions and Exclusions from the coverage of said Policy or Policies are set forth Escrow in Exhibit A attached. Copies of the Policy forms should be read. They are available from the office which issued this report. Please read the exceptions shown or referred to below and the exceptions and exclusions set forth in Exhibit A of this report carefully. The exceptions and exclusions are meant to provide you accordance with notice of matters which are not covered under the terms of this Agreement. Seller, in any event, shall be required to discharge and remove any and all liens affecting the title insurance policy and should Property which secure an obligation to pay money and, even though Buyer does not expressly disapprove such matters, such matters shall not be carefully considered. It is important to note that this preliminary report is not a written representation as to the condition of title and may not list all liens, defects, and encumbrances affecting title to the land. This report (and any supplements or amendments hereto) is issued solely for the purpose of facilitating the issuance of a policy of title insurance and no liability is assumed hereby. If it is desired that liability be assumed prior to the issuance of a policy of title insurance, a Binder or Commitment should be requested. First American Title Insurance Company Order Number: NCS-335499-SC Page Number: 2 Dated as of April 7, 2008 at 7:30 A.M. The form of Policy of title insurance contemplated by this report is: 2006 ALTA Owners Policvy A specific request should be made if another form or additional coverage is desired. Title to said estate or interest at the date hereof is vested in: MFP/HUNTER@FIRST OFFICE PARTNERS, LLC, a Delaware limited liability company The estate or interest in the land hereinafter described or referred to covered by this Report is: Fee Simple The Land referred to herein is described as follows: (See attached Legal Description) At the date hereof exceptions to coverage in addition to the printed Exceptions and Exclusions in said policy form would be as follows:Permitted Exceptions.

Preliminary Report. In response to the above referenced application for a policy of title insurance, this company hereby reports that it is prepared to issueIssue, or cause to be issuedIssued, as of the date hereof, a Policy or Policies of Title Insurance describing the land and the estate or interest Interest therein hereinafter set forth, insuring against loss which may be sustained by reason of any defect, lien or encumbrance not shown or referred to as an Exception below or not excluded from coverage pursuant to the printed Schedules, Conditions and Stipulations of said Policy forms. The printed Exceptions and Exclusions from the coverage and Limitations on Covered Risks of said Policy policy or Policies policies are set forth in Exhibit A attached. The policy to be Issued may contain an arbitration clause. When the Amount of Insurance is less than that set forth in the arbitration clause, all arbitrable matters shall be arbitrated at the option of either the Company or the Insured as the exclusive remedy of the patties. Limitations on Covered Risks applicable to the CLTA and ALTA Homeowner’s Policies of Title Insurance which establish a Deductible Amount and a Maximum Dollar Limit of Liability for certain coverages are also set forth in Exhibit A. Copies of the Policy policy forms should be read. They are available from the office which issued Issued this report. Please read the exceptions shown or referred to below and the exceptions and exclusions set forth in Exhibit A of this report carefully. The exceptions and exclusions are meant to provide you with notice of matters which are not covered under the terms of the title insurance policy and should be carefully considered. It is important to note that this preliminary report is not a written representation as to the condition of title and may not list all liens, defects, and encumbrances affecting title to the land. First American Title Insurance Company Order Number: NCS-515287-SC This report (and any supplements or amendments hereto) is issued Issued solely for the purpose of facilitating the issuance of a policy of title insurance Insurance and no liability is assumed hereby. If it is desired that liability be assumed prior to the issuance of a policy of title insurance, a Binder or Commitment should be requested. First American Title Insurance Company Order Number: NCS-335499NCS-515287-SC Page Number: 2 Dated as of April 7July 20, 2008 2012 at 7:30 A.M. The form of Policy of title insurance contemplated by this report is: 2006 ALTA Owners Policvy To Be Determined A specific request should be made if another form or additional coverage is desired. Title to said estate or interest at the date hereof is vested in: MFP/HUNTER@FIRST OFFICE PARTNERS, Sequoia M & P LLC, a Delaware California limited liability company The estate or interest in the land hereinafter described or referred to covered by this Report is: Fee Simple A fee as to Parcel One and an easement as to Parcels Two and Three The Land referred to herein is described as follows: (See attached Legal Description) At the date hereof exceptions to coverage in addition to the printed Exceptions and Exclusions in said policy form would be as follows: