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Soil,Subsoil and Water Conditions <br /> No information was available pertaining to the soils or subsoils at this specific property. Nearby <br /> properties have been improved with various structures for many years, tending to indicate that the soils <br /> and subsoils are conducive to development. <br /> Easements, Encroachments, and Restrictive Covenants <br /> Title information was provided for this assignment. Exceptions noted include the following in addition to <br /> a minerals reservation dated April 1916 (items excerpted from title commitment dated April 13, 2012): <br /> 11 RIGHT OF ACCESS GRANTED TO THE STATE HIGHWAY DEPARTMENT IN INSTRUMENT RECORDED <br /> NOVEMBER 21 1950 IN BOOK 878 AT PAGE 269. <br /> 12. OIL AND GAS LEASE TO TETON ENERGY COMPANY RECORDED SEPTEMBER 20, 1979 AT RECEPTION NO. <br /> 360671. AFFIDAVIT OF PRODUCTION,RECORDED MAY JO, 1982 AT RECEPTION NO 495333 <br /> 13. EASEMENT AND RIGHT OF WAY GRANTED TO UNION RURAL ELECTRIC ASSOCIATION,RECORDED <br /> DECEMBER 15, 1982 AT RECEPTION NO 524350 <br /> 1.1 TERMS AND CONDITIONS OF ANNEXATION AGREEMENT RECORDED FEBRUARY 1986 AT RECEPTION <br /> NO,904896 AND RE-RECORDED APRIL 3. 1989 AT RECEPTION NO.975052. <br /> 15 TERMS AND CONDITIONS OF ANNEXATION AGREEMENT RECORDED OCTOBER 29. 1993 AT RECEPTION <br /> NO 1355210. <br /> 16 TAXES,LIENS FEES AND ASSESSMENTS BY VIRTUE OF INCLUSION OF THE SUBJECT PROPERTY IN THE <br /> LOUISVILLE FIRE PROTECTION DISTRICT,AS EVIDENCED BY INSTRUMENT RECORDED JANUARY 20, 1994 AT <br /> RECEPTION NO 1386908. <br /> 17. EASEMENTS. RIGHTS OF WAY,NOTES PROVISIONS AND DEDICATIONS AS SHOWN ON THE FINAL PLAT <br /> OF COLONY SQUARE RECORDED DECEMBER 7, 1994 AT RECEPTION NO. 1483501 <br /> 19. SUBDIVISION AGREEMENT FOR COLONY SQUARE RECORDED DECEMBER 7. 1994 AT RECEPTION NO_ <br /> 1483503 <br /> 2u ORDINANCE NO 1129,SERIES OF 1993.VACATING A PORTION OF SOUTH 80TH STREET, BY AND CITY <br /> COUNCIL OF THE CITY OF LOUISVILLE, RECORDED AUGUST 1, 1994 AT RECEPTION NO. 14510150. <br /> 21.GRANT OF EASEMENTS AND AGREEMENT,,GRANTED TO THE REGIONAL TRANSPORTATION DISTRICT <br /> RECORDED MARCH 22,2405 AT RECEPTION NO.2673407. <br /> 22.GRANT OF EASEMENTS AND AGREEMENT,GRANTED TO THE REGIONAL TRANSPORTATION DISTRICT, <br /> RECORDED MARCH 23 2005 AT RECEPTION NI " 'i74120. <br /> 23. EASEMENT DEED, GRANTED TO THE CITY OF LOUISVILLE TO THE CI Tr OF LOUISVILLE,RECORDED MAY <br /> 11,2009 AT RECEPTION NO. 2999450. <br /> Of particular relevance here is the second easement and agreement granted to the Regional <br /> Transportation District. The easement area is shown below, consisting of approximately 24,750 square <br /> feet by our calculations: <br /> 12 <br /> Bonnie Roerig &Associates, ICC ReaCEstate _Ana.tysts - -Valuation ConsuCtants <br />