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Order Number: O.5A,4443322 <br />Page Nurrlber: 4 <br />14. Rights of parties in possession. <br />Prior to the issuance of any policy of title insurance, the Company will require, <br />15. With respect to AU Zone Santa Ana, LLC, a California limited liability company: <br />a. A copy of Its operating agreement and any amendments thereto; <br />L If it is a California limited liability company, that a certified copy of its articles of organization <br />(LLC -1) and any certificate of correction (LLC -11), certificate of amendment (LLC -2), or <br />restatement of articles of organization (LLC -10) be recorded in the public records; <br />c. If It is a foreign limited liability company, that a certified copy of its application for registration <br />(LLC -5) be recorded in the public records; <br />d. With respect to any deed, deed of trust, lease, subordination agreement or other document or <br />instrument executed by such limited liability company and presented for recordation by the <br />Company or upon which the Company is asked to rely, that such document or instrument be <br />executed in accordance with one of the following, as appropriate: <br />(i) If the limited liability company properly operates through officers appointed or elected <br />pursuant to the terms of a written operating agreement, such document must be executed by at <br />least two duly elected or appointed officers, as follows: the chairman of the board, the president <br />or any vice president, and any secretary, assistant secretary, the chief financial officer or any <br />assistant treasurer; <br />(ii) If the limited liability company properly operates through a manager or managers identified in <br />the articles of organization and/or duly elected pursuant to the terms of a written operating <br />agreement, such document must be executed by at least two such managers or by one manager <br />if the limited liability company properly operates with the existence of only one manager. <br />e. Other requirements which the Company may impose following its review of the material <br />required herein and other Information which the Company may require <br />Rist ArnalY 7 Ttle <br />Page 4 of 15 <br />75N-11 <br />