Document:

January 7, 2015 Exhibit 10.17

    EXHIBIT 10.17

When recorded return to:

S&W Seed Company

   25552 South Butte Avenue

   Five Points, California 93624

GENERAL WARRANTY DEED

FOR VALUE RECEIVED, the receipt and sufficiency of which is hereby acknowledged, Pioneer Hi-Bred International, Inc., an Iowa corporation
(hereinafter referred to as the "Grantor"), hereby grants, bargains, sells, and conveys unto, S&W Seed Company, a Nevada corporation, whose current address is 25552 South
Butte Avenue, Five Points, California 93624 (hereinafter referred to as the "Grantee"), the following described real property, located in Canyon County, Idaho, to wit (hereinafter
referred to as the "Premises"):

See Exhibit A attached hereto and incorporated herein by this reference.

Together with all of Grantor's right, title and interest in and to the tenements, hereditaments, and appurtenances thereunto belonging or in anywise appertaining, the
reversion and reversions, remainder and remainders, rents, issues, and profits thereof; and all estate, right, title, and interest in and to the Premises, as well in law as in equity.  

TO HAVE AND TO HOLD the Premises with its appurtenances unto Grantee, its successors, heirs and assigns, forever.  

SUBJECT TO the "Approved Exceptions", which shall mean: (a) general taxes and assessments, which are not yet due and payable, (b) matters
that would be disclosed by an inspection or survey of the Premises, and (c) existing patent reservations, easements, rights of way, all other matters of record, and those exceptions listed on
Exhibit B attached hereto and incorporated herein.  

And Grantor does hereby covenant to and with Grantee, that Grantor is owner in fee simple of the Premises; that the Premises are free from all encumbrances
except the Approved Exceptions; and that Grantor shall and will warrant and defend the quiet and peaceful possession of said Premises by Grantee, against all lawful claims whatsoever except
as excluded or excepted herein.

[Signature page follows]

DATED effective as of the 31st day of December, 2014.

	

GRANTOR:

	

Pioneer Hi-Bred International, Inc., an Iowa corporation

 __________________________________________

By: ___________________________________________

Its:  _______________________________________________

 __________________________________________

By: ___________________________________________

Its:  _______________________________________________

STATE OF ________________________, County of __________________

This record was acknowledged before me this ________ day of _______________, _______, by  

___________________________________________________________________________________      

as _________________________________________________________________________________  

of _________________________________________________________________________________.

____________________________________________

Signature of Notary Public

STATE OF ________________________, County of __________________

This record was acknowledged before me this ________ day of _______________, _______, by  

___________________________________________________________________________________      

as _________________________________________________________________________________  

of _________________________________________________________________________________.

____________________________________________

Signature of Notary Public

GENERAL WARRANTY DEED - 2 

EXHIBIT A

LEGAL DESCRIPTION 

Parcel I:

The West 220 feet of the East 1022 feet of the Southeast quarter of the Northeast quarter of Section 16, Township 2 North, Range 2 West, Boise Meridian, Canyon
County, Idaho; and

A portion of the Southeast quarter of the Northeast quarter of Section 16, Township 2 North, Range 2 West of the Boise Meridian, Canyon County, Idaho, being more
particularly described as follows:

Commencing at the Southeast corner of said Southeast quarter of the Northeast quarter of Section 16; thence

South 89°55'04" West along the South line of said Southeast quarter of the Northeast quarter a distance of 1022.00 feet to the True Point of Beginning; thence
continuing

South 89°55'04" West along said South line, a distance of 30.00 feet to a point; thence

North on a line parallel to the East line of said Southeast quarter of the Northeast quarter of Section 16, a distance of 190.00 feet to a point; thence

North 89°55'04" East, along a line parallel with the South line of said Southeast quarter of the Northeast quarter, a distance of 30.00 feet; thence

South along a line parallel to the East line of said Southeast quarter of the Northeast quarter, a distance of 190.00 feet to the True Point of Beginning.

Parcel II:

A parcel of land located in the Southeast quarter of the Northeast quarter of Section 16, Township 2 North, Range 2 West of the Boise Meridian, Canyon County, Idaho,
and is more particularly described as follows:

Commencing at the East quarter corner of said Section 16, being a P.K. Nail and the centerline intersection of Lake Shore Drive and 12th Avenue South; thence

South 89°55'04" West along the South line of said Southeast quarter of the Northeast quarter, and the centerline of Lake Shore Drive, a distance of 1022.00 feet to a
P.K. Nail, being the True Point of Beginning; thence continuing

South 89°55'04" West along said South line of the Southeast quarter of the Northeast quarter and the centerline of Lake Shore Drive, a distance of 300.20 feet to the
Southwest corner of said parcel, being a 5/8 inch steel pin, from whence a 1/2 inch steel pin bears

North 0°06'20" West, a distance or 33.00 feet; thence leaving said South line of the Southeast quarter of the Northeast quarter and the centerline of Lake Shore
Drive

North 0°06'20" West, along the West line of said Southeast quarter of the Northeast quarter, a distance of 1324.04 feet to the Northwest corner of said parcel being a 5/8
inch steel pin, and the Northeast 1/16 corner of said Section 16; thence

North 89°55'27" East along the North line of said Southeast quarter of the Northeast quarter, a distance of 302.64 feet to the Northeast corner of said parcel, being a 1/2
inch steel pin; thence

South and parallel with the East line of said Southeast quarter of the Northeast quarter, a distance of 1324.01 feet to the True Point of Beginning.

Excepting Therefrom:

A portion of the Southeast quarter of the Northeast quarter of Section 16, Township 2 North, Range 2 West of the Boise Meridian, Canyon County, Idaho, being more
particularly described as follows:

Commencing at the Southeast corner of said Southeast quarter of the Northeast quarter of Section 16; thence

South 89°55'04" West along the South line of said Southeast quarter of the Northeast quarter a distance of 1022.00 feet to the True Point of Beginning; thence
continuing

South 89°55'04" West along said South line, a distance of 30.00 feet to a point; thence

EXHIBIT A TO GENERAL WARRANTY DEED - 3 

EXHIBIT A (continued)

LEGAL DESCRIPTION 

North on a line parallel to the East line of said Southeast quarter of the Northeast quarter of Section 16, a distance of 190.00 feet to a point; thence

North 89°55'04" East, along a line parallel with the South line of said Southeast quarter of the Northeast quarter, a distance of 30.00 feet; thence

South along a line parallel to the East line of said Southeast quarter of the Northeast quarter, a distance of 190.00 feet to the True Point of Beginning.

 

 

EXHIBIT A TO GENERAL WARRANTY DEED - 4 

EXHIBIT B

PERMITTED EXCEPTIONS

1. Taxes, including any assessments collected therewith, for the year 2014 for which the first installment is paid and the second installment is
due and payable on or before June 20, 2015.

2. The land described herein is located within the boundaries of Nampa-Meridian Irrigation District (208-466-7861) and is subject to any assessments levied thereby.
None are due and payable.

(Affects Parcels I and II)

3.  Claims, if any, against, or adverse to, Grantee's title in, or to, water rights or entitlements to use water appurtenant to, or beneficially used upon, the Premises.

 

4. An easement for the purpose shown below and rights incidental thereto as set forth in document.

Granted to: Idaho Power Company, a corporation

Purpose: A right of way and easement for the erection and continued operation, maintenance, repair, alteration, inspection and replacement of the electric transmission,
distribution and telephone lines and circuits attached to poles or other supports, together with guys, crossarms and other attachments and incidental equipment thereon and appurtenances,
with the right to permit the attachment of the wires and fixtures of other companies or parties

Recorded: October 27, 1966

Instrument No.: 587304

Book 51 of Miscellaneous Records at Page 25, records of Canyon County, Idaho.

(Affects Parcels I and II)

NOTE: The exact location and extent of said easement is not disclosed of record.

5. An easement for the purpose shown below and rights incidental thereto as set forth in document.

Granted to: Idaho Power Company, a corporation

Purpose: A right of way and easement for the erection and continued operation, maintenance, repair, alteration, inspection and replacement of the electric transmission,
distribution and telephone lines and circuits attached to poles or other supports, together with guys, crossarms and other attachments and incidental equipment thereon and appurtenances,
with the right to permit the attachment of the wires and fixtures of other companies or parties

Recorded: February 4, 1974

Instrument No.: 722431, records of Canyon County, Idaho.

(Affects Parcel I)

NOTE: The exact location and extent of said easement is not disclosed of record.

6. Record of Survey recorded April 8, 1991 as Instrument No. 9106514, records of Canyon County, Idaho.

(Affects Parcel II)

7. An easement for the purpose shown below and rights incidental thereto as set forth in document.

Granted to: Idaho Power Company, a corporation

Purpose: A permanent and perpetual easement and right of way, sufficient in width to install and maintain an underground electric power line, including the perpetual
right to enter upon the real estate, at all reasonable times, to construct, maintain and repair underground power lines over, through, under and across said lands, together with the right to
excavate and refill ditches and trenches for the location of said power lines, and the further right to remove trees, bushes, sod, flowers and shrubbery

Recorded: May 20, 1992

Instrument No.: 9211041, records of Canyon County, Idaho.

(Affects Parcel II)

EXHIBIT B TO GENERAL WARRANTY DEED - 5 

EXHIBIT B (continued)

PERMITTED EXCEPTIONS

8. Record of Survey recorded January 31, 1996 as Instrument No. 9603453, records of Canyon County, Idaho.

(Affects Parcels I and II)

9. An easement for the purpose shown below and rights incidental thereto as set forth in document.

Granted to: Idaho Power Company, a corporation

Purpose: Right-of-way and easement for the erection and continued operation, maintenance, repair, alteration (including but not limited to, voltage or capacity upgrades
and additional structures, and/or new structure locations), inspection and replacement of overhead and/or underground electrical transmissions, distribution, and communications lines and
circuits attached to towers, poles, props, guys, or other supports, together with crossarms and other attachments and incidental equipment thereon

Recorded: April 8, 2008

Instrument No.: 2008019012, records of Canyon County, Idaho.

(Affects Parcel II)

10. Rights of tenants in possession, as tenants only, under prior unrecorded leases.

11. The following matters, and any rights, easements, interests or claims which may exist by reason thereof, disclosed by an ALTA/ACSM Land Title Survey made by
Mason & Stanfield, Inc. on December 10, 2014, designated as Job No. SE0514:

a. Ditch crossing the northerly boundary of the subject parcels;

b. 3' Drain Ditch crossing the northerly boundary of the subject parcels;

c. 3' Concrete Ditch crossing the northerly boundary of the subject parcels;

d. Gravel Road crossing the westerly and northerly boundaries of the subject parcels;

e. 25.0' prescriptive easement for the existing road (Lake Shore Drive).

EXHIBIT B TO GENERAL WARRANTY DEED - 6January 7, 2015 Exhibit 10.18

    EXHIBIT 10.18

CONFIDENTIAL

EXHIBIT 1(U)

	
Document Number
	
State Bar of Wisconsin Form 21-2003

WARRANTY DEED

 

Document Name
	 
	
THIS DEED, made between Pioneer Hi-Bred International, Inc., an Iowa corporation 

("Grantor," whether one or more), and S&W Seed Company, a Nevada Corporation 

("Grantee," whether one or more).

_________________________________________________,

 

Grantor for a valuable consideration, conveys to Grantee the following described real estate, together with the rents, profits, fixtures and other appurtenant interests, in
Columbia County, State of Wisconsin ("Property") (if more space is needed, please attach addendum):

Lands described In Columbia County Certified Survey Map No. 884, as recorded in Volume 4 of Surveys, on page 104, as Document No. 441386, being located In the
North East 114 of the North East 114 of Section 22, Township 10 North, Range 9 East, Town of Arlington, Columbia County, Wisconsin.

Lot 1 of Certified Survey Map No. 3122, as recorded in Volume 20 of Certified Survey Maps, page 118, Document No. 593525, being a Survey in the North East 1/4 of
the North East 1/4 of Section 22, Township 10 North, Range 9 East, Town of Arlington, Columbia County, Wisconsin.

 
	
Recording Area

	
Name and Return Address

Matthew K. Szot

S&W Seed Company

7013 Catttail Place

Carlsbad, CA 92011

	
 

11002-392.01

11002-392.A

Parcel Identification Number (PIN)

 

This is not homestead property.

(is) (is not)

 

 

	
Grantor warrants that the title to the Property is good, indefeasible, in fee simple and free and clear of encumbrances except:

 

	
Dated
	 	
, 2014.
	 	
Pioneer Hi-Bred International, Inc., an Iowa corporation

	 	 	 	 
	 	 	 	 
	 	
(SEAL)
	 	
By:
	 	
(SEAL)

	 	 	 	 	 
	 	
(SEAL)
	 	 	
(SEAL)

	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 
	
AUTHENTICATION
	 	
ACKNOWLEDGMENT

	
Signature(s)
	 	 	
STATE OF
	
IOWA
	
)

	 	 	 	 	 	
) ss.

	
authenticated on
	 	
.
	 	
COUNTY
	
)

	 	 	 	 	 
	 	 	
Personally came before me on
	 
	
*
	 	 	
the above-named
	 
	
TITLE: MEMBER STATE BAR OF WISCONSIN
	 	 
	 	
(If not,
	 	 	
to me known to be the person(s) who executed the foregoing

	 	
authorized by Wis. Stat.   706.06)
	 	
instrument and acknowledged the same.

	 	 	 	 	 
	
THIS INSTRUMENT DRAFTED BY:
	 	 
	
Gonzalez Saggio & Harlan LLP
	 	
*
	 
	
By Robert A. Dudek
	 	
Notary Public, State of
	 
	 	 	
My commission (is permanent) (expires:
	 	
)

EXHIBIT A TO WARRANTY DEED

CONTINUATION OF EXCEPTIONS

Municipal and zoning ordinances and agreements entered under them, recorded easements for the distribution of utility and municipal services, recorded building and use restrictions
and covenants, any encroachment, encumbrance, violation, or adverse circumstance affecting the title that would be disclosed by an accurate and complete land survey of the Property,
easements or claims of easements not shown by the public records, any claim of adverse possession or prescriptive easement, general taxes levied in the year of closing and the items set
forth in the Schedule of Permitted Encumbrances attached hereto as Exhibit B.

   

   

   

   

   

EXHIBIT B TO WARRANTY DEED

SCHEDULE OF PERMITTED ENCUMBRANCES

	Madison Gas & Electric Transmission Line, Right of Way Lines, and matters as indicated on Columbia County Certified Survey Map No. 884, as recorded in the Office of the
Register of Deeds in and for Columbia County, Wisconsin, on April 23, 1985 at 1:15 P.M., in Volume 4 of Surveys, on page 104, as Document No. 441386.
	Instrument in the Matter of the Condemnation by Madison Gas and Electric Company of Certain Lands in said County for Electric Transmission Line Purposes, as filed in the Office of the
Register of Deeds, in and for Columbia County, Wisconsin, on September 6, 1974 at 4:00 P.M., in Volume 9 of Lis Pendens, on page 17, as Document No. 369337.

And Supplemental Affidavit to Lis Pendens, In the Matter of the Condemnation by Madison Gas and Electric Company of Certain Lands in said County for Electric Transmission Line
Purpose, as filed in the Office of the Register of Deeds, in and for Columbia County, Wisconsin, in Volume 9 of Lis Pendens, on page 363, as Document No. 394349.

	Electric Line Easement to Madison Gas and Electric Company, as recorded in the Office of the Register of Deeds, in and for Columbia County, Wisconsin, on August 4, 1969 at 8:00 A.M.,
in Volume 70 of Records, on page 243, as Document No. 340225.
	Drainage rights and rights-of-way by reason of any drainage ditches, feeders, laterals, and underground drain tile or pipes that may be located on the subject premises.
	M G & E Transmission Line Easement, Building Setback Line, Right of Way Lines, Note:  Lot 1 is to be sold to Pioneer Hi-Bred International, Inc. as an Addition to Certified Survey
Map No.. 884, and matters as indicated on Columbia County Certified Survey Map No. 3122, as recorded in the Office of the Register of Deeds, in and for Columbia County, Wisconsin, on
October 26, 1998 at 8:00 A.M., in Volume 20 of Certified Survey Maps, on page 118, as Document No. 593525.
	Land Use Amendment to Easement by Madison Gas and Electric Company, and Pioneer Hi-Bred International, Inc., as recorded in the Office of the Register of Deeds, in and for Columbia
County, Wisconsin, on November 3, 1999 at 1:30 P.M., as Document No. 613558.
	Easement Supplement by and between Pioneer Hi-Bred International, Inc., and American Transmission Company, LLC, as recorded in the Office of the Register of Deeds, in and for
Columbia County, Wisconsin, on October 14, 2004 at 8:00 A.M., as Document No. 718717.
	POWTS Maintenance Agreement by Pioneer Seeds Hi-Bred International, Inc. as recorded in the Office of the Register of Deeds, in and for Columbia County, Wisconsin, on August 5,
2008 at 2:55 P.M., as Document No. 784400.

	Rights of Lycol, LLC and Joel Mcllrath as tenants in possession including any rights to tenants fixtures owned by such tenants located on the demised premises and any liens on such
tenants fixtures, and all parties having a lien on or claiming by, through or under the lessee, which parties and liens are not separately shown herein.
	Rights of utility companies to maintain the overhead wire set forth on the Plat of Survey prepared by R.A. Smith National Inc. under date of September 19, 2014 (Affects Northeasterly
corner of Certified Survey Map 884).

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