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4TH SUPPLEMENTAL REPO _ T Order No. 45209 Es,-.)w No. NCS -11443 Title of said estate or interest at the date hereof is vested in: MAGNOLIA TREE, LLC, a Delaware limited liability company The estate or interest in the land hereinafter described or referred to covered by this Report is: A FEE The land referred to in this Report is situated in the State of California, County of San Mateo, City of Redwood City and is described as follows: Portion of Lots 2 and 3 in Block 2 as shown on that certain map entitled, "MAP OF THE PROPERTY IN VILLA LOTS OF J. V. DILLER ", filed in the office of the County Recorder of San Mateo County on September 18, 1863 in Book "E" of Maps at page 77 and copied into Book 1 of Maps at page 83, described as follows: BEGINNING at a point on the Westerly line of Jefferson Avenue, formerly Washington Street, distant thereon, North 3 30' West 10.39 feet from the Southeasterly corner of said Lot 3, said point of beginning being the Northeasterly corner of land conveyed by Deed from Anabelle C. Grandi to Anna Porter, dated January 11, 1929 and recorded January 19, 1929 in Book 394 of Official Records at page 235, Records of San Mateo County, California; thence along the Northerly line of lands so conveyed, South 87' 15' West 90.01 feet to the Easterly line of a proposed 18 foot alley; thence along said line of said alley, North 3' 30' West 40 feet; thence North 87 15' East 90.01 feet to said line of Jefferson Avenue; thence along said last named line, South 3' 30' East 40.00 feet to the point of beginning. JPN 052 036 366 05 A A.P. No.: 052 -366 -050 14508