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SMB <br />1. Effective Date: November 5, 2017 <br />Effective Time: 7:00 A.M. <br />2. Policy or Policies to be issued: <br />ALTA 2006 Owners Policy <br />Proposed Insured: <br />N/A <br />Preliminary <br />Schedule A <br />Underwriter: First American Title Insurance Company <br />Our No. 17-15038 <br />Production No, 547257 <br />Amount: $ N/A <br />3. The estate or interest in the Land described or referred to in this Commitment and covered herein is: <br />Fee Simple <br />4. Title to the fee simple estate or interest in said Land is at the effective date hereof vested in: <br />Parcel 1: James R. Jundt and Mary Joann Jundt, as joint tenants <br />Parcel 2: Bruce Paddock, 2/3 interest <br />and <br />Mark C. Hedick and Laurie S. Hedick, as joint tenants 1/3 interest <br />5. The Land referred to in this Commitment is described as follows: <br />See Exhibit A attached hereto. <br />Records of Hennepin County, MN. <br />Abstract Property, <br />Property Address: 1400 Bracketts Point Rd <br />Orono, MN 55391 <br />(rev. 3/10) <br />