126 California Court, Mission Viejo, CA

PARCEL 1: 8 OF OFFICIAL RECORDS OF ORANGE COUNTY, CALIFORNIA. PARCEL 2: A ONE -THIRTY-SECOND (1/32) UNDIVIDED FRACTIONAL FEE INTEREST IN AND TO ALL OF THE REAL PROPERTY, DESCRIBED AS LOT 6 OF TRACT NO. 14732, IN THE CITY OF MISSION VIEJO, COUNTY OF ORANGE, STATE OF CALIFORNIA, AS SHOWN ON A MAP RECORDED IN BOOK 695, PAGES 31, 32 AND 33 INCLUSIVE OF MISCELLANEOUS MAPS, RECORDS OF ORANGE COUNTY, CALIFORNIA. EXCEPT THEREFROM ALL OF THE UNITS AS SHOWN ON THE CONDOMINIUM PLAN. EXCEPT THEREFROM ALL MINERALS, OIL GAS, PETROLEUM, OTHER HYDROCARBON SUBSTANCES AND ALL UNDERGROUND WATER IN OR UNDER OR WHICH MAY BE PRODUCED FROM SAID LAND WHICH UNDERLIES A PLANE PARALLEL TO AND 500 FEET BELOW THE SURFACE OF SAID LAND FOR THE PURPOSES OF PROSPECTING FOR, THE EXPLORATION, DEVELOPMENT, PRODUCTION, EXTRACTION AND TAKING OF SAID MINERALS, OIL GAS, PETROLEUM, OTHER HYDROCARBON SUBSTANCES AND WATER FROM SAID LAND BY MEANS OF MINES, WELLS, DERRICKS OR OTHER EQUIPMENT FROM SURFACE LOCATIONS ON ADJOINING ON NEIGHBORING LAND LYING OUTSIDE OF THE ABOVE DESCRIBED LAND, IT BEING UNDERSTOOD THAT THE OWNER OF SUCH MINERALS, OIL GAS, PETROLEUM, OTHER HYDROCARBON SUBSTANCES AND WATER, AS SET FORTH ABOVE, SHALL HAVE NO RIGHT TO ENTER UPON THE SURFACE OF THE ABOVE DESCRIBED LAND NOR TO USE ANY OF THE SAID LAND OR ANY PORTION THEREOF ABOVE SAID PLANE PARALLEL TO AND 500 FEET BELOW THE SURFACE OF SAID LAND FOR ANY PURPOSE WHATSOEVER. AN EXCLUSIVE EASEMENT APPURTENANT TO PARCELS 1 AND 2 DESCRIBED ABOVE, FOR PATIO AREA, EXTERIOR STAIRWAYS AND AIR CONDITIONING PAD PURPOSES AS APPLICABLE AS MORE PARTICULARLY DESCRIBED IN THE "NOTICE OF ANNEXATION FOR PHASE 6 OF CALIFORNIA COURT" RECORDED MARCH 8, 1993 AS INSTRUMENT NO. 93-155977 OF OFFICIAL RECORDS OF ORANGE COUNTY, CALIFORNIA ("NOTICE OF ANNEXATION") AND SHOWN IN THE CONDOMINIUM PLAN. PARCEL 4: A NON-EXCLUSIVE EASEMENT APPURTENANT TO PARCELS 1 AND 2 DESCRIBED ABOVE, FOR INGRESS, EGRESS, USE AND ENJOYMENT ON, OVER AND ACROSS ALL PORTION OF THE COMMON AREA OF LOT 6 OF SAID TRACT NO. 14732, AND THE ASSOCIATION PROPERTY, IF ANY WITHIN THE "PROJECT", AS DEFINED IN THE DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS, AND RESERVATION OF EASEMENTS FOR CALIFORNIA COURT RECORDED FEBRUARY 11, 1993 AS INSTRUMENT NO. 93-91875 OF OFFICIAL RECORDS OF ORANGE COUNTY, CALIFORNIA, WHICH ARE NOT DESCRIBED IN THE NOTICE OF ANNEXATION AND SHOWN IN THE CONDOMINIUM PLAN AS EXCLUSIVE USE COMMON AREA, AND ACROSS ALL PORTIONS OF ANY COMMON AREA AND ASSOCIATION PROPERTY, IF ANY, SUBSEQUENTLY ANNEXED INTO THE PROJECT WHICH IS NOT DESCRIBED IN THE NOTICE OF ANNEXATION AND/OR SHOWN IN THE CONDOMINIUM PLAN AS EXCLUSIVE COMMON AREA.

Trust agreement: Fabrica US Trust v3.5