LEGAL DESCRIPTION ATTACHMENT FOR CONDO AT 24566 SANTA CLARA AVE., DANA POINT, CA 92629.

REAL PROPERTY IN THE COUNTY OF ORANGE, STATE OF CALIFORNIA, DESCRIBED AS

PARCEL 1:

UNIT 9, CONSISTING OF CERTAIN AIRSPACE AND SURFACE ELEMENTS, AS SHOWN AND DESCRIBED IN THE CONDOMINIUM PLAN (“PLAN”) FOR THE ADMIRALTY, WHICH WAS RECORDED AUGUST 21, 1989 AS INSTRUMENT NO. 89-443849, OF OFFICIAL RECORDS OF ORANGE COUNTY, CALIFORNIA.

PARCEL 2:

AN UNDIVIDEDTWO TWENTY-SEVENTH (2/27) FEE SIMPLE INTEREST AS A TENANT IN COMMON IN AND TO ALL OF THE REAL PROPERTY, INCLUDING, WITHOUT LIMITATION, THE COMMON AREA DEFINED IN THE DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS AND RESERVATION OF EASEMENTS FOR THE ADMIRALTY, RECORDED AUGUST 21, 1989 AS INSTRUMENT NO. 89-443848, AND THAT CERTAIN FIRST AMENDMENT TO DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS AND RESERVATION OF EASEMENTS FOR THE ADMIRALTY, RECORDED OCTOBER 27,1989 AS INSTRUMENT NO. 89-580185, BOTH OF OFFICIAL RECORDS OF ORANGE COUNTY, CALIFORNIA (COLLECTIVELY THE “DECLARATION”), IN LOT 1 OF TRACT NO. 13193, IN THE CITY OF DANA POINT, COUNTY OF ORANGE, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 629, PAGES 24,25 AND 26 OF MISCELLANEOUS MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY.

EXCEPTING THEREFROM ALL OF THE UNITS AS SHOWN ON THE PLAN.

EXCEPT THEREFROM ALL OIL, GAS, MINERALS AND OTHER HYDROCARBON SUBSTANCES LYING BELOW A DEPTH OF 500 FEET FROM THE SURFACE OF SAID PROPERTY, BUT WITH NO RIGHT OF SURFACE ENTRY, AS PROVIDED IN DEED RECORDED MARCH 20, 1992 AS INSTRUMENT NO. 92-169958, OF OFFICIAL RECORDS.

PARCEL 3:

NON-EXCLUSIVE EASEMENTS FOR ACCESS, INGRESS, EGRESS, USE, ENJOYMENT, DRAINAGE, ENCROACHMENT, MAINTENANCE, REPAIRS, AND FOR OTHER PURPOSES, ALL AS MAY BE SHOWN IN THE PLAN, AND AS ARE DESCRIBED IN THE DECLARATION.

PARCEL 4:

EXCLUSIVE EASEMENTS APPURTENANT TO PARCELS 1 AND 2 DESCRIBED ABOVE FOR YARD PURPOSES OVER THE AREA SHOWN AND ASSIGNED ON EXHIBITS “B” AND “C” TO THE DECLARATION AND DESCRIBED AS AN EXCLUSIVE USE COMMON AREA IN THE DECLARATION.

PARCEL 5:

EXCLUSIVE EASEMENTS APPURTENANT TO PARCELS 1 AND 2 DESCRIBED ABOVE FOR DECK AND STAIRWAY PURPOSES ( AS APPLICABLE) OVER THE AREAS SHOWN AND ASSIGNED ON THE CONDOMINIUM PLAN AND DESCRIBED AS EXCLUSIVE USE COMMON AREAS IN THE DECLARATION.

PARCEL 6:

EXCLUSIVE EASEMENTS APPURTENANT TO PARCELS 1 AND 2 DESCRIBED ABOVE FOR DRIVEWAY PURPOSES OVER THE AREA SHOWN AND ASSIGNED ON EXHIBITS “C” AND “D” TO THE DECLARATION AND DESCRIBED AS AN EXCLUSIVE USE COMMON AREA IN THE DECLARATION.