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Update # 2 C-9 NORTH 4255 Hopyard Road, Suite t AMERICAN Pleasanton, ca 94588 TITLE (925)847-9570 CQ M PA N Y (925)847-0663 Lfke Clockworkm Mike Smith Lee and Assodates 5890 Stoneridge Drtve #210 Pleasanton, CA 94588 DIRECT ALL INQUIRIES TO: Escrow Officer. Evelyn Bowens-Chambers Phone:. (925)847-9570 Fax No.: (925)847-0663 E-Mail: ebowens@nat.com E-Mall Loan Documents to: vocal.pleasantonstoneridge@natdocs.com ProPerty~ 4430 Willow Road Pleasanton, CA Buyer: Antrim Hirst Mahoney, LLC and/or nominee Owner: Goble Lane, LLC PRELIMINARY REPORT IN RESPONSE TO THE ABOVE REFERENCED APPLICATION F'OR A POLICY OF TI71E INSURANCE, North American Tide Insurance Company Hereby reports Mat K Is prepared to Iswe, or cause to be Issuetl, as of the date hereof, a Policy or Pollcles of Title Insurance desaibing the land and Me estate or Interest therein hereinafter set forth, Irrsudng against loss which may be sustained by reason of any defect, Ilen or encumbrance not shown or referred to as an Exceptlon below or not exduded from coverage pursuant to Me pdnted Schedules, Conditions and Stlpulatlons of Bald Pdky forms. The prlntcd Exceptlons and Exduslons from the coverage and Ilmltatlons on covered risks of said Polity a Pdides are set forth in Exhlbi[ A attached. The Policy to be Issued may contain an Arbitratlon Clause. When Me amount if Insurance Is less than Mat set forth In Me Arbibatlon Oause, ap arbitrable matters shall be arbitrated at Me optlon of eMher the Company or the Insured as Me exdusive remedy of the Paftles. LlmRatlons on covered risks apPlicabk m Me CLTA and ALTA Homeowner's Pollcles of Title Inwrance which establish a dedud7ble amount and a maximum ddlar IImR of IIabNRy /or certain coverages are also set forth In E#rlbl[ A. Copies of the Policy forms shoud be read. They are avallade from Me ortice whkh Issued MI5 report Please road the exceptbna shown or rohrted to below end the exceptlons and e%duslom set forth in Ezhibk A of tfib report carofully. TM exceptloro and azdusbM aro mesrr[ Uo provide you whir rrotlq of matters which aro not covered under the terms of tM tltla inwranp policy and ehouki ba arefully conaidared. It h Important to nob that Mfs preliminary report b not a written reprssarrbtlon as to the cenditlon of the and may not list ali (lens, defects, and encumbrances affectlnp title to the land, ThI5 report (and any wpplertlents or amendments hereto) Is Issued solely for Me purpose of facilttatlng Me issuance of a policy of tltle insurance and na liability is assumed hereby, If k Is desired Mat liability be assumed pnor to Me Lssuance of a policy of tttfe Inwrance, a Bender or Commttmen[ should be requested. Dated as of March 13, 2006 at 7:30 A.M. Nancy Sloan, Title Offcer Page i Order No.: 54606-722805-07