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Order No. SP850925 <br />Page No. 2 <br />Dated as of April 14, 1998 at 7:30 am. <br />Title to said estate or interest at the date hereof is vested in: <br />INTEREST A: <br />SAN JUAN VALLEY, a California limited partnership, as to an undivided 1.91568% interest; LEE <br />H. BRANDENBURG and DLkNE M. BRANDENBURG, Trustees of the BRANDENBURG <br />REVOCABLE TRUST dated September 19, 1993, as to an undivided 8.33779% interest; ERIC L. <br />BRANDENBURG, also known as and who acquired title as ERIC BRANDENBURG, a single man, <br />as to an undivided 17.65688% interest; SILVER CREEK VALLEY, a California limited partnership, <br />as to an undivided 1.95053% interest; BRANDENBURG-MARTINTOWN ROAD II, a Georgia <br />limited partnership, as to an undivided 251441% interest; NORTH FIRST STREET PROPERTIES, <br />a California general partnership, as to an undivided 67.62471% interest <br />As to Parcels One and Three <br />I'TEREST B: <br />BRAIN-DENBURG-STAEDLER, a general partnership comprised of LEE H. BRANDENBURG, <br />RUDY STAEDLER and ANTHONY J. McKEON PARTNERS <br />As to Parcel Two <br />The estate or interest in the land hereinafter described or referred to covered by this Report is: <br />A FEE <br />AT THE DATE HEREOF EXCEPTIONS TO COVERAGE IN ADDITION TO THE PRINTED EXCEPTIONS AND <br />EXCLUSIONS CONTAINED IN SAID POLICY FORM WOULD BE AS FOLLOWS: <br />PROPERTY TAXES, including any assessments collected with taxes, for the fiscal year 1998- <br />1999, a lien not vet due or payable. <br />TAXES for the fiscal year 1997-1998 were not assessed. <br />Said matter affects Parcel Three. <br />THE LIEN of supplemental taxes, if any, assessed pursuant to Chapter 3.5 commencing with <br />Section 75 of the California Revenue and Taxation Code. <br />