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S E A R S | M A L L O F A B I L E N E | A B I L E N E , T X O V E R V I E W A E R I A L

V E N T U R E D F W . C O M B R Y A N C O R N E L I U S B C O R N E L I U S @ V E N T U R E D F W . C O M | C L A Y M O T E C M O T E @ V E N T U R E D F W . C O M

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S E A R S | M A L L O F A B I L E N E | A B I L E N E , T X S U R V E Y

U.S. HWY 83-84 BY-PASS

SOUTH CLACK STREET

(VARIABLE WIDTH R.O.W.)

MALL OF ABILENE SUBDIVISIONCABINET 2, SLIDE 313 B & C

PLAT RECORDS,TAYLOR COUNTY, TEXAS

www.emgcorp.com800.411.2010

SURVEYOR'S CERTIFICATETo Chicago Title Company, and Sear's, Roebuck and Company:

This is to certify that this map or plat and the survey on which it is based were made inaccordance with the 2016 Minimum Standard Detail Requirements for ALTA/NSPS Land TitleSurveys, jointly established and adopted by ALTA and NSPS, and includes Items 1, 2, 3, 4, 6a,6b, 7a, 7b1, 7c, 8, 9, 13, 14, 16, 17, and 20 of Table A thereof.

The field work was completed on October 20, 2017

Date of Plat or Map November 22, 2017

______________________________________Chris Walterscheidt R.P.L.S. NO. 6180

SCHEDULE B-10 EASEMENT NOTES

a. Rights of parties in possession.

b. Intentionally Deleted

c. All leases, grants, exceptions or reservations of coal, lignite, oil, gas and other minerals, together withall rights, privileges, and immunities relating thereto, appearing in the Public Records whether listed inSchedule B or not. There may be leases, grants, exceptions or reservations of mineral interest that are notlisted.

d. Easement, setback lines and other matters as shown on the plat thereof recorded in Cabinet 2, Slide 313B&C, Plat Records of Taylor County, Texas. (affects the subject tract, as shown on survey)

e. Easement to West Texas Utilities Co., recorded in Volume 707, Page 571, Deed Records of TaylorCounty, Texas. (not shown, illegible)

f. Easement to Lone Star Gas Co., recorded in Volume 235, Page 231, Deed Records of Taylor County,Texas, partially released and modified in Volume 1123, Page 137, Deed Records of Taylor County, Texas.(affects the subject tract)

g. Easement to Trust Pipeline Co., recorded in Volume 1128, Page 223, Deed Records of Taylor County,Texas. (not shown, ambiguous description)

h. Royalty Deed dated October 28, 1949, recorded in Volume 527, Page 336, Deed Records of TaylorCounty, Texas. (not survey related)

i. Construction, Operating and Reciprocal Easement Agreement by and between Maill of Abilene Companyand Sears Roebuck & Company, et al, dated December 21, 1977, recorded in Volume 1080, Page 564, DeedRecords of Taylor County, Texas, as modified by First Amendment to Operation Agreement recorded inVolume 1080, Page 490, Deed Records of Taylor County, Texas, and by Second Amendment to OperatingAgreement recorded in Volume 1125, Page 265, Deed Records of Taylor County, Texas; and by ThirdAmendment to Operating Agreement dated August 15, 1994, recorded in Volume 2036, Page 29, OfficialPublic Records of Taylor County, Texas, and re-recorded in Volume 2038, Page 968, Official Public Recordsof Taylor County, Texas. (affects the subject tract)

j. Intentionally Deleted

k. Intentionally Deleted

l. Agreement for Construction of Access Roadways, by and between Mall of Abilene Company, and AbileneVillage, Ltd., recorded in Volume 1291, Page 756, Deed Records of Taylor County, Texas. (affects the subjecttract)

m. Subject to the reservation of a mineral and/or royalty interest described in instrument recorded inVolume 734, Page 212, and Volume 527, Page 336, Deed Records of Taylor County, Texas. Title to saidmineral/royalty interest has not been searched subsequent to the date of said instrument. This policy doesnot insure against any loss sustained by the owner of the surface estate of the properly because of theexercise of the right of ingress or egress and/or any other rights incident to the ownership of said mineralestate. (not a survey matter)

n. Affidavit regarding location of pipeline recorded in Volume 1123, Page 566, Deed Records ofTaylor County, Texas. (affects the subject tract)

o. Affidavit regarding location of pipeline recorded in Volume 1123, Page 559, Deed Records of TaylorCounty, Texas. (affects the subject tract)

p. Memorandum of Lease between SRC Real Estate (TX), LP, a Delaware limited partnership, recorded inVolume 2912, Page 328, Official Public Records of Taylor County, Texas. (affects the subject tract)

q. Rights of tenants in possession, as tenants only, under unrecorded lease agreements

r. Intentionally Deleted

s. Intentionally Deleted

RECORD LEGAL DESCRIPTIONExhibit A

Tract One: (Fee Simple)

Parcel One: A 12.00 acre tract conveyed by Mall of Abilene Company to Sears, Roebuck and Co., being moreparticularly described in EXHIBIT "A" attached hereto and made a part hereof.

SAVE AND EXCEPT a 0.0570 acre tract conveyed by Sears, Roebuck and Co., being more particularly describedin EXHIBIT "A" attached hereto and made a part hereof.

Parcel Two:A 0.570 acre tract conveyed by O'Connor Realty investors, L.P., to Sears Roebuck and Co., being moreparticularly described in EXHIBIT "A" attached hereto and made a part hereof.

Tract Two: (Easement Estate)

Easement Estate Created by Construction. Operation and Reciprocal Easement Agreement, being moreparticularly described in EXHIBIT "B" attached hereto and made a part hereof.

ZONING INFORMATIONZoning District: Retail / Department Store GR/COR General Retail with a Corridor Overlay

Setbacks:Front: 40 FeetSide: 0 Feet / 30 Feet if Abutting ResidentialRear: 0 Feet / 30 Feet if Abutting Residential

Parking Restrictions: 1 space for every 222 square feet of gross lease area

Existing Building Height at highest point: 36 FeetMaximum Building Height permitted: Not to exceed 40 Feet, 2 stories

Existing Square Footage of building(s): 103,738Floor Space Area Restrictions: N/A

Zoning Source: Zoning report prepared by EMG project No.128602.17R000-059.259, dated November 10, 2017

General Survey Notes1. This survey was made in accordance with laws and/or Minimum Standards of the State of

Texas.

2. The basis of bearing for this survey is based upon GPS observations and the TexasCoordinate System, North Central Zone (NAD83), as shown hereon.

3. The property described hereon is the same as the property described in Title CommitmentNo. 3715001153GX with an effective date of August 29, 2017 and that all easements,covenants and restrictions referenced in said title commitment or apparent from a physicalinspection of the site or otherwise known to me have been plotted hereon or otherwisenoted as to their effect on the subject property.

4. Said described property is located within an area having a Zone Designation "X" by theFederal Emergency Management Agency (FEMA), on Flood Insurance Rate Map No. 48441C,with a date of identification of January 6, 2012, for Community No. 0219F, in TaylorCounty, State of Texas, which is the current Flood Insurance Rate Map for the community inwhich said premises is situated.

5. The Property has direct access to U.S. HWY 83-84 By-Pass / South Clark Street, a dedicatedpublic street or highway.

6. The total number of striped parking spaces on the subject property is 758, including 5designated handicap spaces.

7. There is no observed evidence of current earth moving work, building construction orbuilding additions except as shown or noted hereon.

8. There are no proposed changes in street right of way lines, according to City of Abilene.There is no observed evidence of recent street or sidewalk construction or repairs except asshown or noted hereon.

9. There is no observed evidence of site use as a solid waste dump, sump or sanitary landfillexcept as shown or noted hereon.

10. Utility Note: Observed evidence of utilities has been shown pursuant to Section 5Paragraph E (iv) of the ALTA/NSPS Minimum Standard Detail Requirements.

11. No apparent wetlands are located on the subject property according to the U.S. Fish andWildlife Service National Wetlands Inventory located at www.fws.gov/wetlands .

12. The building height, shown hereon, was measured between the highest point of the buildingand the finished floor elevation in the approximate location as depicted on the drawing.

LIST OF POSSIBLE ENCROACHMENTSThe following list of encroachments is only the opinion of this surveyor and should notbe interpreted as complete listing.

"NONE APPARENT"

VICINITY MAPLEGEND OF SYMBOLS:

LAND AREA:12.01 Acres or 522,969 Square Feet

COORDINATED BY:

Sheet No. 1 of 1

No. Date

ALTA/NSPS LAND TITLE SURVEY

SEARS, ROEBUCK & CO.4310 BUFFALO GAP ROAD

STORE NO. 1307ABILENE, TEXAS 79606

REVISIONS

Oklahoma City, OK 73114510 E Memorial Road, Suite A-1

SEARS, ROEBUCK & CO.REMAINDER OF A

CALLED 12.000 ACRESVOL. 1065, PG. 116DEED RECORDS,

TAYLOR COUNTY, TEXAS

EB

ONE O'CONNER PLAZA, 101 W. GOODWIN AVE., SUITE 322VICTORIA, TX 77901 - TX FIRM # 10193814

Survey Prepared By:

JOB NO. 17-1455

LOT 7

LOT 7

O'CONNOR REALTY INVESTORS, LPSAVE & EXCEPT

CALLED 0.570 ACRESVOL. 2033, PG. 527DEED RECORDS,

TAYLOR COUNTY, TEXAS

J.E. S

HEPPARD SURVEY N

O. 96

SEARS, ROEBUCK & CO.CALLED 0.570 ACRES

VOL. 2065, PG. 547DEED RECORDS,

TAYLOR COUNTY, TEXAS

LOT 2

LOT 1

1 11-22-17ADD ZONING REPORT

2 11-22-17ADD ZONING CLASSIFICATION

128602.17R000-059.220_Sears_1307_-_Abilene_TX_ALTA_ver4-Signed

V E N T U R E D F W . C O M B R Y A N C O R N E L I U S B C O R N E L I U S @ V E N T U R E D F W . C O M | C L A Y M O T E C M O T E @ V E N T U R E D F W . C O M

S E A R S | M A L L O F A B I L E N E | A B I L E N E , T X C O N T A C T

B R Y A N C O R N E L I U SPrinc ipa l214.378.1212bcornel ius@venturedfw.com

8235 Douglas AveSuite 720Dal las , TX 75225T 214.378.1212venturedfw.com

C L A Y M O T EPrinc ipa l214.378.1212cmote@venturedfw.com

L E A S I N G | T E N A N T R E P R E S E N T A T I O N | L A N D | I N V E S T M E N T S A L E S | P R O P E R T Y M A N A G E M E N T

11-2-2015

Information About Brokerage Services Texas law requires all real estate license holders to give the following information about

brokerage services to prospective buyers, tenants, sellers and landlords.

TYPES OF REAL ESTATE LICENSE HOLDERS:

• A BROKER is responsible for all brokerage activities, including acts performed by sales agents sponsored by the broker.

• A SALES AGENT must be supervised by a broker to perform any services and works with clients on behalf of the broker. A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents):

• Put the interests of the client above all others, including the broker’s own interests;

• Inform the client of any material information about the property or transaction received by the broker;

• Answer the client’s questions and present any offer to or counter-offer from the client; and

• Treat all parties to a real estate transaction honestly and fairly. A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION:

• AS AGENT OR SUBAGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner’s agent through an agreement with the owner, usually in a written listing to sell or property management agreement. A subagent represents the owner, not the buyer, through an agreement with the owner’s broker. An owner’s agent must perform the broker’s minimum duties above and must inform the owner of any material information about the property or transaction known by the agent, including information disclosed to the agent or subagent by the buyer or buyer’s agent.

• AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant’s agent by agreeing to represent the buyer, usually through a written representation agreement. A buyer’s agent must perform the broker’s minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent, including information disclosed to the agent by the seller or seller’s agent.

• AS AGENT FOR BOTH – INTERMEDIARY: To act as an intermediary between the parties the broker must first obtain the written agreement of each party to the transaction. The written agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an intermediary. A broker who acts as an intermediary:

• Must treat all parties to the transaction impartially and fairly;

• May, with the parties’ written consent, appoint a different license holder associated with the broker to each party (owner and buyer) to communicate with, provide opinions and advice to, and carry out the instructions of each party to the transaction.

• Must not, unless specifically authorized in writing to do so by the party, disclose: o That the owner will accept a price less than the written asking price; o That the buyer/tenant will pay a price greater than the price submitted in a written offer; and o any confidential information or any other information that a party specifically instructs the broker in writing not to disclose, unless required to do so by law.

TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH:

• The broker’s duties and responsibilities to you, and your obligations under the representation agreement.

• Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated. LICENSE HOLDER CONTACT INFORMATION: This notice is being provided for information purposes. It does not create an obligation for you to use the broker’s services. Please acknowledge receipt of this notice below and retain a copy for your records.

Venture Commercial Real Estate, LLC 476647 info@venturedfw.com 214-378-1212 Broker’s Licensed Name or Primary Assumed Business Name License No. Email Phone

Michael E. Geisler 350982 mgeisler@venturedfw.com 214-378-1212 Designated Broker’s Name License No. Email Phone

XXXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXX XXXXXXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXX Agent’s Supervisor’s Name License No. Email Phone

Bryan Cornelius 401088 bcornelius@venturedfw.com 214-378-1212 Sales Agent/Associate’s Name License No. Email Phone

Buyer/Tenant/Seller/Landlord Initials Date

Regulated by the Texas Real Estate Commission Information available at www.trec.texas.gov

11-2-2015

Information About Brokerage Services Texas law requires all real estate license holders to give the following information about

brokerage services to prospective buyers, tenants, sellers and landlords.

TYPES OF REAL ESTATE LICENSE HOLDERS:

• A BROKER is responsible for all brokerage activities, including acts performed by sales agents sponsored by the broker.

• A SALES AGENT must be supervised by a broker to perform any services and works with clients on behalf of the broker. A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents):

• Put the interests of the client above all others, including the broker’s own interests;

• Inform the client of any material information about the property or transaction received by the broker;

• Answer the client’s questions and present any offer to or counter-offer from the client; and

• Treat all parties to a real estate transaction honestly and fairly. A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION:

• AS AGENT OR SUBAGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner’s agent through an agreement with the owner, usually in a written listing to sell or property management agreement. A subagent represents the owner, not the buyer, through an agreement with the owner’s broker. An owner’s agent must perform the broker’s minimum duties above and must inform the owner of any material information about the property or transaction known by the agent, including information disclosed to the agent or subagent by the buyer or buyer’s agent.

• AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant’s agent by agreeing to represent the buyer, usually through a written representation agreement. A buyer’s agent must perform the broker’s minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent, including information disclosed to the agent by the seller or seller’s agent.

• AS AGENT FOR BOTH – INTERMEDIARY: To act as an intermediary between the parties the broker must first obtain the written agreement of each party to the transaction. The written agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an intermediary. A broker who acts as an intermediary:

• Must treat all parties to the transaction impartially and fairly;

• May, with the parties’ written consent, appoint a different license holder associated with the broker to each party (owner and buyer) to communicate with, provide opinions and advice to, and carry out the instructions of each party to the transaction.

• Must not, unless specifically authorized in writing to do so by the party, disclose: o That the owner will accept a price less than the written asking price; o That the buyer/tenant will pay a price greater than the price submitted in a written offer; and o any confidential information or any other information that a party specifically instructs the broker in writing not to disclose, unless required to do so by law.

TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH:

• The broker’s duties and responsibilities to you, and your obligations under the representation agreement.

• Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated. LICENSE HOLDER CONTACT INFORMATION: This notice is being provided for information purposes. It does not create an obligation for you to use the broker’s services. Please acknowledge receipt of this notice below and retain a copy for your records.

Venture Commercial Real Estate, LLC 476647 info@venturedfw.com 214-378-1212 Broker’s Licensed Name or Primary Assumed Business Name License No. Email Phone

Michael E. Geisler 350982 mgeisler@venturedfw.com 214-378-1212 Designated Broker’s Name License No. Email Phone

XXXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXX XXXXXXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXX Agent’s Supervisor’s Name License No. Email Phone

Clay Mote 447471 cmote@venturedfw.com 214-378-1212 Sales Agent/Associate’s Name License No. Email Phone

Buyer/Tenant/Seller/Landlord Initials Date

Regulated by the Texas Real Estate Commission Information available at www.trec.texas.gov