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28. A Deed of Trust, including the terms and provisions thereof, to secure the amount noted below <br />and other amounts secured thereunder, if any: <br />Amount: $350,000.00 <br />Trustor/Grantor: Highway 9 Office Park Center LLC, a Washington limited liability company <br />Trustee: AmeriTitle <br />Beneficiary: First American Exchange of Skagit County, as facilitator under a 1031 Deferred <br />Exchange Agreement for Watson Properties, L.P. <br />Dated: April 22, 2016 <br />Recorded: April 22, 2016 <br />Instrument No.: 201604220059 <br />Affects Lot 4 <br />Subordination Agreement referencing: Instrument No.: 201608180043 <br />And: Instrument No.: 201604220059 <br />Recorded: August 18, 2016 <br />Instrument No: 201608180045 <br />29. A Deed of Trust, including the terms and provisions thereof, to secure the amount noted below <br />and other amounts secured thereunder, if any: <br />Amount: $1,500,000.00 <br />Trustor/Grantor: Highway 9 Office Park Center LLC, a Washington limited liability company <br />Trustee: Chicago Title Insurance Company <br />Beneficiary: J&J Dakota, LLC, a Nevada limited liability company <br />Dated: August 10, 2016 <br />Recorded: August 18, 2016 <br />Instrument No.: 201608180043 <br />Subordination Agreement referencing: Instrument No.: 201608180043 <br />And: Instrument No.: 201412310043 <br />Recorded: August 18, 2016 <br />Instrument No: 201608180044 <br />Subordination Agreement referencing: Instrument No.: 201608180043 <br />And: Instrument No.: 201604220059 <br />Recorded: August 18, 2016 <br />Instrument No: 201608180045 <br />30. Any monetary encumbrances against individual condominium units and their undivided interest <br />in common elements. <br />END OF EXCEPTIONS <br />Subdivision Guarantee Policy Number: 7215645618035 <br />