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AMERICAN LAND TITLE ASSOCIATION COMMITMENT FOR TITLE INSURANCE WITH FLORIDA MODIFICATIONS SCHEDULE B PART I ISSUED BY STEWART TITLE GUARANTY COMPANY Requirements File No.: 20171117 All of the following Requirements must be met: 1. The Proposed Insured must notify the Company in writing of the name of any party not referred to in this Commitment who will obtain an interest in the Land or who will make a loan on the Land. The Company may then make additional Requirements or Exceptions. 2. Pay the agreed amount for the estate or interest to be insured. 3. Pay the premiums, fees, and charges for the Policy to the Company. 4. Documents satisfactory to the Company that convey the Title or create the Mortgage to be insured, or both, must be properly authorized, executed, delivered, and recorded in the Public Records. 5. Affidavit from the seller and borrower stating: That there are no matters pending against them that could give rise to a lien that would attach to the subject property between the effective date of the Commitment and the recording of instruments giving rise to the interest to be insured. That the affiants have not executed and will not execute any instruments that would adversely affect the title to the subject property or the lien of any mortgage to be insured pursuant to the Commitment. 6. The closing funds pertaining to the transaction must be disbursed by or at the direction of the insuror or its agent. 7. An updated title examination, commencing as of the effective date of this Commitment, which shall be performed at or shortly prior to the closing of the transaction, should not reveal any title defects or other adverse matters appearing should be disposed of prior to closing to the satisfaction of the insuror or its agent. 8. Record a Warranty Deed from G & T, LLC to Indian River County conveying the property in Schedule "A". 9. The Company will require the following as to G & T, LLC: A. Satisfactory evidence must be furnished establishing that G & T, LLC is duly organized, validly existing, and in good standing under the laws of Florida currently and at date it acquired an interest in the insured property. On- line confirmation of both of the foregoing is sufficient. B. The deed to be insured must be executed by a manager of a manager -managed limited liability company or a member of a member -managed limited liability company unless there is a recorded certified statement of authority which limits that authority. The online information provided by the Florida Department of State, Division of Corporations can be relied upon to obtain the identity of the manager or the member, as the case may be. C. If the members or managers are not identified in the articles of organization or the Department of State, Division of Corporation's website, the operating agreement must be produced. If an operating agreement does not exist or the information in the operating agreement conflicts with the information on file with the Division of This page is only a part of a 2016 ALTA® Commitment for Title Insurance. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule 8, Part I - Requirements; and Schedule 8, Part 11 - Exceptions. Copyright 2006-2016 American Land Title Association. All rights reserved. � RM i;iE i The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing y�,�,L„it,e as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. File No. 20171117 ljq FL-008UN ALTA Commitment for Title Insurance with Florida Modifications Schedule 8-1-16 Page 1 of 2