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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 Corporations, a recorded certified Statement of Authority certified by the Florida Secretary of State is to be recorded in official records of the county where the property lies. D. If a certified Statement of Authority, which is less than 5 years old is recorded in official records in the county where the property lies, you may rely upon it to establish the authority and identity of the party(ies) to execute the deed to be insured. Determination must be made that the Statement of Authority has not been cancelled, limited by a subsequent Statement of Authority or a statement of disassociation by the named member or manager (such as being a debtor in bankruptcy. E. If a power of attorney is to be used to convey the property on behalf of the limited liability company, absent a recorded certified statement of authority, review the articles of organization and the operating agreement to confirm the delegation of authority is permitted. 10. Record the Release of the insured property from the Mortgage recorded 07/23/2001, in Official Records Book 1417, Page 1185, of the Public Records of Indian River County, Florida, in the original principal amount of $150,000.00 from Spanky Investments LLC to Harbor Federal Savings Bank. 11. Affidavit from the current owner stating there are no open mortgages that would affect the subject property. The company reserves the right to make such additional requirements as it may deem necessary. 12. Payment of any and all Special Assessments, Bills, Charges or Municipal Liens levied and/or assessed. 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 Il - Exceptions. Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form or an derivative thereof) is restricted to ALTA licensees and ALTA members in good standing � Y t) 9 9 as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. •s "Y�� File No. 20171117 ± FL-008UN ALTA Commitment for Title Insurance with Florida Modifications Schedule 8-1-16 Page 2 of 2