ICONIC Ranch at the Canyons | 10400 NE Canyons Ranch Drive, Terrebonne, OR 97760

Page 1


- 1141AcreLandholding

- 2,193SqFt

- Spaciousprimarysuitewithsittingarea,work spaceanddeck

- Generousguest roomwithfull bath

- Great roomfeaturesacozyfireplacenook, spectacular diningareaandtvor readingroom

- Well designedkitchenwithbar seating

- Officespaceoverlooksgreat room

- Theperfect basecampfor experiencingnature andoutdoor recreation

Expansive Great Room

- Theofficeseguesfromthekitchentothegreat room

- Stepdowntoatv/ readingspace,stunning diningareaandcozyfireplace.

- Accessthewraparounddeckfor BBQsand entertainingabovetheCrookedRiver

SPACIOUSBEDROOMSWITH VIEWS

Theprimarysuitehasafront rowseat toMonkey Face,andtheguest bedroomoverlooksapond, fieldsandCascadeMountains.

Imaginewakingup tothissplendidbeautyevery day.

OUTDOOR FEATURES:

Majestic360 degreeviewsof Smith Rock, theCrooked River and Cascade Mountains provide a heightened sensoryexperiencebeyondthepropertyitself

Fromthisiconic,original Ranchat theCanyons basecampyoucanplanyour hikeupMiseryRidge, gear upfor flyfishing,runthetrailsor gobird watching

OTHER FEATURES:

- Thisisalsoanincredibleopportunitytoowna1/46shareof theRanchat theCanyonscommunity,with 1700 acres,anequestriancenter,18ponds,8milesof trails,2milesof river frontage,anevent venue, andclubhousewithapool,fitnesscenter andguest suites.

- Thepristinelandattractswildlifelikebaldeagles,otters,herons,owls,deer,beavers&more,and stargazingisunparalleledinthisquiet night sky.

Founder and Founder & Principal Broker 949 887 4377

laura@avenirrealtygroup com

Lic #201204340

TRACI ENGEL

Broker 541 948 0217

traci@avenirrealtygroup com

Lic #200504494

LAURA BLOSSEY

A note from a member of the Board:

We are all Partners in a Unique Property

It is simple.... life here is amazing!

The property's most prominent assets - the four canyons - offer easy access to a world of private recreational enjoyment and panoramic splendor. Each canyon has its special allure. The great monolith of Monkeyface rises proudly above its namesake canyon, where the pinnacles of Smith Rock garner respect as a worldclass hiking and climbing destination. Black Rock Canyon is a perfect display of the raw power of nature. Red Rock Canyon's verdant fields, stands of ponderosa pine, and sounds of wind and river will soothe your spirit and offer abundant opportunities for recreation. Pinnacle Canyon, on the east side of the Crooked River, offers a world of pristine high desert beauty and primeval rock formations.

Owners frequently say..... "it's like living in your own National Park" and it will stay this way forever.

Frequently Asked Questions about Ranch at the Canyons

What is Ranch at the Canyons? Ranch at the Canyons is simply one of the most dramatic and beautiful properties in the Pacific Northwest, offering a combination of natural splendor, old world Tuscan design and abundant recreation, all contained within the privacy and security of a working ranch and equestrian community.

The Ranch includes only 46 private landholdings ranging from 4 to acres to nearly 14 acres, along with mutual Ownership of the entire 1,700-acre property, including approximately 600 acres of irrigated agricultural land and several acres of wine grape production. In addition, more than 500 acres of land have been transferred to the Deschutes Basin Land Trust north of Smith Rock state park, providing permanent protection for conservation, open space, and wildlife habitat.

Where is Ranch at the Canyons located? The Ranch is located in the heart of Central Oregon, widely recognized as one of the premier places in the nation to live and play. The Cascade Mountains shield this extraordinary property from the rains of Western Oregon, providing nearly 300 days of sunshine per year. The Ranch is easily accessible, located just 15 minutes from the Redmond Airport, 35 minutes from Madras Airport, 40 minutes from Bend, 60 minutes from Mt. Bachelor Ski Resort and approximately three hours from Portland.

What amenities can be enjoyed at the Ranch? The Ranch’s many homeowner amenities include:

• The 7,000 square foot Old Winery Clubhouse and Guest Villa, the focal point of Ranch social activities and celebrations. The spacious building combines classic Tuscan architecture, coupled with a professionalquality kitchen with an Italian inspired pizza oven and an ample dining are, fireplace and lounge which provides a warm setting for Landholders and guests to celebrate family reunions, dinners, birthdays and host meetings. Our Board and various committee meetings are held here on a regular basis.

The Clubhouse also features four guest rooms which may be rented for a fee by landholders, their guests, or to the public in connection with events. The space also includes an exercise room, steam rooms, heated outdoor pool, hot tub, a variety of lawn games, bicycles, and a tennis and pickle ball court. Outside the Clubhouse, nature offers dramatic 360° views of Teal Lake, Smith Rock and the Cascade Mountains and ample outdoor patio furnishings for lounging. Landholders may reserve use of the facility online for up to 49 guests. Contact the office for current rates and fees

• Tuscan Stables was the original equestrian facility blending Tuscan design with Ranch ambiance. The distinctive architecture is use for both private landholder community events, and as a unique and beautiful event and wedding venue that can accommodate up to 200 guests. The Ranch operates on a State agri-tourism permit which helps support its agricultural operations each year. Twelve to eighteen events are scheduled each year.

• Cavallo Equestrian Center is the newest private facility offering first class amenities including a kitchen, lounge, tack room with private lockers and staff on hand for landowner horses boarded at the facility for a fee Up to ten horses can be boarded at Cavallo at a time. Boarding is available on a first come first served basis Contact the office for current rates and fees

• Monkey Face Vineyard is Central Oregon’s first vineyard and is located closest to the natural rock formation known as “Monkey Face”. The vineyard has successfully produced grapes, including several French-American hybrid varietals selected specifically for the Central Oregon climate. In 2020, the Ranch began renovations on the vineyard and is working toward a successful annual harvest.

• The Ranch has nineteen irrigation ponds and lakes stocked with trout, bass and other species for humane catch and release fishing (no barbs, no bait) in addition to exclusive access to two miles of the Crooked River as it meanders through the Ranch for year-round fly-fishing.

• More than 500 acres of natural landscape set aside as a permanent nature preserve under the Deschutes Land Trust to ensure conservation. At all costs, we employ a “leave no trace” mentality.

• Several majestic waterfalls, including the natural Paiute Falls on the Crooked River in addition to handcrafted waterfalls throughout the property in addition to a natural land bridge

• Four distinct canyons to explore: Monkey Face, Red Rock, Black Rock and Pinnacle Canyon.

• Another 600 acres of irrigated farmland with an annual harvest including hay and, alfalfa crops. The Ranch also leases pasture for 40 cow calve units and there is easy access to Smith Rock State Park and its miles of hiking, equestrian and mountain biking trails.

Can I board and ride my horse at the Ranch? The new Cavallo Equestrian Center, Landholders have access of on-site care and boarding for their horses. Cavallo offers 10 stalls, round pen, turnouts, wash rack, tack room with secure, private lockers, and daily stall cleaning and feeding. Additionally, Landholders may trailer their horses and ride throughout the Ranch’s private trails.

Are horses allowed on individual landholdings? Currently horses are not permitted on individual landholdings, except for Landholding 47 which had an existing historic barn on the property. Landholders may keep their horses at the Ranch for day trips or utilize the new Cavallo Equestrian Center for horse boarding.

What style of home can be built at the Ranch? The surrounding natural rockscapes offer an ideal setting for the charm of Tuscan-style villas, which complement and enrich the dramatic environment. The Design Review Committee works closely with each landholder to integrate personal tastes and Tuscan design elements into their home and landscaping while creating a balance with the Design Guidelines. Tuscan style home design is required

How many landholdings are there and how large? There are only 46 landholdings on the 1,700acre ranch, ranging from 4 acres to nearly 14 acres. Currently there are 24 homes built of the 46 landholdings.

What does my landholding interest include? Each Tenancy-in-Common owner, or landholder, has the right to use an individual landholding with the specific acreage for each of these as stipulated in the applicable deed. On the landholding, the owner may build a home within an approximately two-acre home site envelope and is entitled to additional acreage for individual landscaping. The balance of the landholding acreage will be considered the “private area” reserved for the owner. Home design and landscape requirements are guided by the Ranch’s Design Review Committee.

What is the Tenancy-in-Common Ownership structure? The Tenancy-in-Common (TIC) agreement states that each owner possesses a 1/46th undivided interest in the 1,700 acres and common facilities that comprise the Ranch. Each owner is entitled to the exclusive right to possess a landholding that is described in each owner’s deed and the TIC agreement and can sell their share separately without having to involve the other Landholders. All tenants-in-common Landholders have the right to have access to the entire property, giving everyone equal access to all the finest parts of the ranch.

May 2020 I Page 2

Why the Tenancy-in-Common Ownership structure? While Tenancy-in-Common ownership structures (TICs) are fairly common throughout the United States, it is not very common in Central Oregon. The reason the Ranch was established as a TIC is that the 1,700 Acres that comprise the Ranch is zoned EFU (Exclusive Farm Use) by Deschutes County. Under the EFU zoning laws, lots at the Ranch could not be configured - both in location and size - as they are today. The Tenancy- in-Common structure, through its use of TIC interests and “Landholdings”, enabled us to lay them out in a way that maximizes privacy and views, while keeping them manageable sizes and ensuring that all agricultural acreage would be the responsibility of the Association rather than each owner.

As a Tenant-in-Common, can I obtain a loan on my home? Yes. A large number of banks have provided financing for Landholders at the Ranch, including Wells Fargo, HomeStreet, and Columbia Bank? (formerly Bank of the Cascades).

Is there an Owner's Association? Ranch at the Canyons is a non-profit corporation which operates in much the same way as an HOA. The Association’s Bylaws created a Board of Directors who are responsible for overseeing the entire operations of the Ranch. They establish the monthly and annual homeowner assessments including reserves and property taxes. The Board also appoints a Design Review Committee (DRC) to review homeowner plans and enforce provisions of the Conditions Covenants and Restrictions (CCRs).

What is the Tax treatment of the Tenancy in Common? The Ranch at the Canyons Association, Inc. is currently filing as a non-profit corporation. This does not require any additional steps or consideration from each owner.

Are there Design Guidelines? Yes. Before construction, each home must go through a comprehensive Design Review process to ensure the proposed architectural and landscaping plans meet Design Guidelines. The Design Review Committee, or the Board of Directors at the Board’s discretion, reviews all residential design and landscape plans to ensure the Tuscan-style theme of the community endures.

Can I choose my own architect or designer and builder? Yes, Landholders are welcome to choose their own architect and builder. We do have the names of several professionals who have had positive experiences building at the Ranch that we are happy to pass along if desired. Please make sure that anyone you use is not currently on the Board of Directors as it would be a conflict of interest for them to do so.

Are there common areas of land? Each owner owns 1/46th of the entire property. Any area that is not designated as a private Owner landholding is considered to be “common area” resulting in over 90% open space.

Can I have a swimming pool on my property? Yes, swimming pools are allowed as approved by the Design Review Committee.

Are dogs and other pets allowed in Ranch at the Canyons? Yes, four-legged friends are welcome at the Ranch. They must be kept current on vaccinations, be on leash, be licensed with pet identification tags and/or chips and be picked up after. The CC&R’s encourages the use of invisible fence so dogs can be off leash outside of the house.

Is the Ranch at the Canyons a gated community? Yes. The entire property is a gated community. Gates are installed at the main entrance on Vineyard Way, offering privacy and security. In addition, there is a second gate for additional access, used primarily for equestrian, construction and Owner access. Private gate codes are issued to Landholders upon purchase of a property. Temporary gate codes are issued to others who are contractors or vendors for events on property.

What are the monthly expenses? For 2020, Landholder monthly assessments are $870 per month for the entire operational costs for the Ranch plus $175 per month for reserves. These are due on the 1st of each month.

As a Tenancy in Common, the Landholders Association pays all property taxes for the underlying land and common area amenities, including the property taxes applicable to each landholding. The annual property tax allocation, evenly divided across all 46 Landholders, is estimated at about $3,200 per year. The land property taxes remain low, a benefit of the majority of Ranch land being taxed as EFU farmland. Upon building a home, a separate tax account will be created and Landholders will be taxed directly for the value of the structure, as assessed by Deschutes County.

Have there been any special assessments? The governing documents allow for a special assessment of up to $1,000 per year without a vote. In 2017, the first special assessment was implemented. A total of $2,000, half assessed in 2017 and half in 2018, is being used to fund Fiber Optics installation in 2017. Other than this positive enhancement, the intention of the Ranch budget is not to have special assessments. The Ranch does have a current reserve study for maintenance and replacement of all common roads, equipment and structures, which is fully funded. A portion of the monthly fee goes to reserves to ensure future repairs and replacements are fully funded.

Are there other things I should be aware of? The structure of this incredible conservation property is complex, but it is in place for a reason. Owners are here to appreciate and protect the natural environment. With that in mind, there is no off-road driving or crossing the river with any motorized vehicles. Shooting within 500 yards of Smith Rock State Park or on the designated conservation land here at the Ranch is not permitted. The speed limit on the Ranch is 25 mph on paved roadways and 15 mph on gravel to help mitigate dust. ATVs are not permitted on the Conservation land. It is highly recommended you review the Bylaws and CCR’s before you decide to purchase.

What are the Utility Sources?

Electrical: Central Electric Cooperative High-Speed

Internet: Bend Broadband and other options are available

Television/Cable: Providers are available including DirectTV, Dish and Bend Broadband

Telephone: CenturyLink and various Internet phone providers

Water: Each landholding will utilize a private well

Sewer: Each landholding will have a County approved septic system

Propane: Various local service providers are available

Trash: Trash pick-up is available at your driveway through High Desert Disposal or self-managed disposal through Deschutes County Landfill

Ranch at the Canyons Association, Inc.

All owners automatically become members of the Ranch at The Canyons Association, Inc. which is organized to manage, maintain, protect and preserve the Ranch property and amenities. The association is governed by a Board of Directors who are guided by Bylaws, CCR’s, Design Review Guidelines and Rules & Regulations. They are also tasked to levy assessments to fund the Board-approved annual budget for the operation of ranch properties, including farming, ranching and the operation of the Old Winery Clubhouse & Guest Villa, Cavallo Equestrian Center and Tuscan Stables.

The important documents you will want to review are:

a. Bylaws and Articles of Incorporation for The Ranch at the Canyons Association, Inc.

b. Amended and Restated Declaration of Covenants, Conditions and Restrictions for The Canyons Ranch (Now “Ranch at The Canyons”;

c. Amendments #1 through #4 to the Amended and Restated Declaration of Covenants, Conditions and Restrictions for Ranch at The Canyons.

d. Declaration of Restrictive Covenants (Affecting Landholdings 1 to 7)

e. Amended and Restated Tenancy in Common Agreement and 2014 reduction from 60 Interests to 46 Interests*. (*As a note, the Ranch initially was planned to have 60 Tenancy in Common Interests and Landholdings. In 2014 this was formally reduced to a maximum of 46 Tenancy in Common Interests and Landholdings.)

f. Current Ranch at the Canyons Design Guidelines

g. The Deschutes Land Basin Trust Conservation Easement that was granted in 2007 for the 550+/-acres on the east side of the Crooked River.

h. Old Winery Club House & Guest Villa and Tuscan Stables Owner Facility Usage and Weddings Policy Booklet (Common Area Rules)

i. Currently Approved Budget Summary

As you will conclude in reviewing these documents, the Tenancy-in-Common agreement addresses the specific responsibilities of each Owner and how the Tenancy-in-Common functions, while the protective Covenants, Conditions and Restrictions address how the property is utilized and developed.

While this introductory information is not intended to cover all questions, this should help as you review the governing documents of the Ranch.

Those who find a home here at Ranch at the Canyons appreciate the natural beauty, conservation, farming, Tuscan architecture, natural landscape, privacy and amenities with a common appreciation of living in a place that feels like a National park.

Newport 255 SWCoast Highway, Suite 100

Newport, OR 97365

Tel: (541) 265-2288

Fax: (541) 265-9570

Sisters 330 West HoodAvenue

Sisters, OR 97759

Tel: (541) 548-9180

Fax: (541) 588-6601

PropertyProfileReport

JosephHobbs

Madras 60 SE 6th Street

Madras, OR 97741

Tel: (541) 460-5107

Fax: (541) 460-5109

April 16, 2024

Bend 1777 SWChandler Avenue, Suite 100

Bend, OR 97702

Tel: (541) 389-5751

Fax: (541) 330-1242

Prineville 446 NW3rd Street, Suite 107

Prineville, OR 97754

Tel: (541) 447-7861

Fax: (541) 447-5424

Eugene 497 Oakway Road, Suite 340

Eugene, OR 97401

Tel: (541) 485-3588

Fax: (541) 485-3597

Redmond 153 SW5th Street

Redmond, OR 97756

Tel: (541) 548-2911

Fax: (541) 548-8601

Lincoln City 3469 NWHighway 101 Lincoln City, OR 97367

Tel: (541) 994-8928

Fax: (541) 994-7075

Roseburg 2365 NWKline Street, Suite 201

Roseburg, OR 97471

Tel: (541) 672-3388

Fax: (541) 672-8110

Parcel Information

Parcel#:265292

Tax Lot:1413110000400

RecordType:Unknown

SiteAddress:10400NECanyons RanchDr TerrebonneOR97760- 9577

Owner:Hobbs,JosephFletcher EtAl

OwnerAddress:POBox 909

IrrigonOR97844

Twn/Range/Section:14S/13E/11/0

ParcelSize:2900Acres (1,263,428SqFt)

Plat/Subdivision:N/A Lot:

Block:

Census Tract/Block:000702/1002

Waterfront:CrookedRiver

Land

County LandUse:401- Tract- Improved(typicalof class)

Zoning:Deschutes County-EFUTE- Efu- Terrebonne Subzone

Watershed:Juniper Butte-CrookedRiver

Primary School:TerrebonneCommunity School

HighSchool:RedmondHighSchool

Improvement

Year Built:1979

1stFloor:2,193SqFt

2ndFloor:

Fireplace:1

Transfer Information

Rec Date:11/16/2020

Owner:JosephFHobbs

Orig.LoanAmt:

FinanceType:

AssessmentInformation

MarketValueLand: $000

MarketValueImpr: $1,906,85000

MarketValueTotal: $1,906,85000

AssessedValue: $195,240.00

Tax Information Legal

Levy CodeArea:2-004

Levy Rate:163478

Tax Year:2023

AnnualTax:$3,19174

LandUseStd:CMOB- MobileHomeParks,Trailers

Neighborhood:

SchoolDistrict:2J- Redmond

MiddleSchool:EltonGregory MiddleSchool

TotalSqFt:2,193SqFt

Bedrooms:3

AtticArea: Bathrooms:2

BsmtArea:144SqFt Full/Half Baths:2/0

Garage:600SqFt

SalePrice:$1,595,00000

Doc Num:61412

Carport:

Doc Type:Deed

Grantor:GARDNERJAMESA&CAROLW

TitleCo:WESTERNTITLE&ESCROWCO

LoanType: Lender:

Sentry Dynamics,Inc andits customers makenorepresentations,warranties or conditions,express or implied,as totheaccuracy or completeness of informationcontainedinthis report

Deschutes County Property Information

The information and maps presented in this report are provided for your convenience. Every reasonable effort has been made to assure the accuracy of the data and associated maps. Deschutes County makes no warranty, representation or guarantee as to the content, sequence, accuracy, timeliness or completeness of any of the data provided herein. Deschutes County explicitly disclaims any representations and warranties, including, without limitation, the implied warranties of merchantability and fitness for a particular purpose. Deschutes County shall assume no liability for any errors, omissions, or inaccuracies in the information provided regardless of how caused. Deschutes County assumes no liability for any decisions made or actions taken or not taken by the user of this information or data furnished hereunder.

Account Summary

Report Date: 4/16/2024 10:21:04 AM HOBBS, JOSEPH FLETCHER ET AL PO BOX 909

OR 97844

Subdivision:

Property Class: 401 -- TRACT

Warnings, Notations, and Special Assessments

Review of digital records maintained by the Deschutes County Assessor’s Office, Tax Office, Finance Office, and the Community Development Department indicates that there are no special tax, assessment or property development related notations associated with this account. However, independent verification of the presence of other Deschutes County tax, assessment, development, and additional property related considerations is recommended. Confirmation is commonly provided by title companies, real estate agents, developers, engineering and surveying firms, and other parties who are involved in property transactions or property development. In addition, County departments may be contacted directly to discuss the information.

Related Accounts

Related accounts apply to a property that may be on one map and tax lot but due to billing have more than one account. This occurs when a property is in multiple tax code areas. In other cases there may be business personal property or a manufactured home on this property that is not in the same ownership as the land.

(U3)

(U4)

242615 (U7)

244674 (U8)

(U8)

F.

Name

Phone

COUNTY SERVICES DESCHUTES COUNTY (541) 388-6570 1300 NW WALL ST, BEND, OR 97703

POLICE SERVICES

DESCHUTES COUNTY SHERIFF'S OFFICE (541) 693-6911 63333 HIGHWAY 20 WEST, BEND, OR 97703

FIRE DISTRICT REDMOND FIRE AND RESCUE (541) 504-5000 341 NW DOGWOOD AVE, REDMOND, OR 97756

SCHOOL DISTRICT REDMOND SCHOOL DISTRICT (541) 923-5437 145 SE SALMON AVE, REDMOND, OR 97756

ELEMENTARY SCHOOL

ATTENDANCE AREA TERREBONNE COMMUNITY SCHOOL (541) 923-4856 1199 B ST, TERREBONNE, OR 97760

MIDDLE SCHOOL

ATTENDANCE AREA ELTON GREGORY MIDDLE SCHOOL (541) 526-6440 1220 NW UPAS AVE, REDMOND, OR 97756

HIGH SCHOOL ATTENDANCE AREA REDMOND HIGH SCHOOL (541) 923-4800 675 SW RIMROCK, REDMOND, OR 97756

EDUCATION SERVICE TAX DISTRICT HIGH DESERT EDUCATION SERVICE DISTRICT (541) 693-5600 145 SE SALMON AVE, REDMOND, OR 97756

COLLEGE TAX DISTRICT

PARK & RECREATION DISTRICT

CENTRAL OREGON COMMUNITY COLLEGE (541) 383-7700 2600 NW COLLEGE WAY, BEND, OR 97703

REDMOND AREA PARK & RECREATION DISTRICT (541) 548-7275 465 SW RIMROCK DR, REDMOND, OR 97756

LIBRARY DISTRICT DESCHUTES PUBLIC LIBRARY (541) 617-7050 601 NW WALL ST, BEND, OR 97703

LIVESTOCK DISTRICT DESCHUTES COUNTY LIVESTOCK DISTRICT NUMBER 4 (541) 388-6623 1300 NW WALL ST, BEND, OR 97703

IRRIGATION DISTRICT

CENTRAL OREGON IRRIGATION DISTRICT (541) 548-6047 1055 SW LAKE CT, REDMOND, OR 97756

GARBAGE & RECYCLING SERVICE HIGH COUNTRY DISPOSAL (541) 548-4984 1090

Development Summary

County Zone Description

County Development Details Wetland (National or Local):

Permit Detail

STATEMENT OF TAX ACCOUNT

Please select payment option

Due November 15, 2023

$3,095.99

Roa d Map

ParcelID:265292

Site Address:10400NECanyons Ranch Dr

Sentry Dynamics,Inc andits customers makenorepresentations, warranties or conditions,express or implied,as totheaccuracy or completeness of informationcontainedinthis report

ParcelID:265292

Sentry Dynamics,Inc andits customers makenorepresentations, warranties or conditions,express or implied,as totheaccuracy or completeness of informationcontainedinthis report

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