Questions and Answers 1 - 12444323Q0041.docx

12444323Q0041 Questions and Answers 25APR2023

1. I noticed that the preliminary title commitments are to be delivered by January 1, 2024. Is this date solid or can that be done prior to January 1, 2024?

Can be done prior to 1/1/24

1. Please advise share the sale price for all 5 properties in order for me to provide a more accurate Price Proposal.

Sale price is to be determined after appraisal, which is ongoing.

3. Is there an estimated value for each property to be acquired? We will need an amount to calculate title insurance because it is based on purchase price. For the exchanges, we will need the estimated requested insured value.

Preliminary Title Commitment Proposed policy amount can be listed at “to be determined” – will can provide appraisal numbers when completed/reviewed

Final Title Policy Proposed policy amount will be adjusted to appraised/purchase value

4. Regarding the exchanges, can you please describe in more detail the basis of the exchange, such as a land-for-land exchange? Also, if you could provide the exchange proposal, that would also be helpful in preparing a quote.

Land for land exchange – with the possibility of up to 25% cash equalization.

5. In reviewing the attachments, I did not see the deed for the SPNHF Harts Location from Verlene Hamilton. Could you please provide a copy of that deed?

We do not have a copy of the deed. The recording information is provided in the statement of work.