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200005065 V. GENERAL EXCEPTIONS TO CONVEYANCE This conveyance is expressly made subject to the following matters to the extent and only to the extent the same are valid and affect the Property: a. All existing permits, easements and rights -of -way for public streets, roads and highways, public utilities, electric power lines, electric transmission facilities, recreational trails, railroads, pipelines, ditches and canals on, over and across said land, whether or not of record, including but not limited to those previously mentioned. b. Any zoning laws, ordinance, or regulations governing the subject property or regulations of other regulatory authorities having jurisdiction. c. Matters which would be disclosed by a careful physical inspection of the property or the property records and by a properly conducted survey of the property. d. Any survey discrepancies, conflicts, or shortages in area or boundary lines, or any encroachments, or protrusions, or any overlapping of improvements which may affect the property. e. All existing interest(s) reserved to or outstanding in third parties in and to coal, oil, gas, and/or minerals. f. All other existing interests reserved by any original grantor(s) in chain of title unto said grantor(s), their respective successors and assigns, which affects any portion of the property interest(s) hereinabove described. g. Cropland Lease No. DACA45 -1 -98 -6019, until February 29, 2000, and all other existing outgrants, and Installation Commander agreements, whether or not of record or otherwise approved in writing by Grantee. h. Subject to easements for county roads over and across the north 33 feet and the west 50 feet of the Property. Also subject to an easement for a recreational trail over and across the east 30 feet and the south 30 feet of the north 63 feet of the east 422 feet of the Property. Grantee is not permitted to disturb the area lying within the recreation trail easement. The locations and extent of these easements are indicated on the attached Exhibit "A ". VI. MISCELLANEOUS GRANTEE COVENANTS Grantee covenants for itself, and its successors or assigns, and every successor in interest in the Property, to abide with each of the agreements and covenants running with the land hereinabove identified in this Quitclaim Deed. In addition, Grantor and its assigns shall be deemed a beneficiary of each of the following agreements and covenants without regard to whether it remains the owner of any land or interest therein in the locality of the Property hereby conveyed and shall have a right to enforce each of the following agreements and covenants in any court of competent jurisdiction. Notwithstanding the foregoing, Grantor, and its assigns shall have no affirmative duty to any successor in title to this conveyance to enforce any of the following agreements and covenants. 4