By using this Website found at www.silverwoodcalifornia.com, you signify your acceptance of the legal terms contained in the Terms of Use and any legal terms found elsewhere on the Website. All such legal terms are subject to change without notice to you, except that such changes will be posted on this Website. Such changes are binding on you and are not subject to further acceptance by you. The information offered on the Website for the Silverwood® Community is provided with the understanding that its master developer, Silverwood Development Phase 1 LLC, is not engaged in rendering legal or other professional services or advice. The use of the Website is subject to the additional disclaimers, caveats, and notices that may appear throughout the Website. Reservation of Rights to Change Information: Silverwood Development Phase 1 LLC reserves the right, without any prior notice, to change any information contained within this Website, to deviate from the descriptions contained therein, and/or to change the Silverwood project at any time, and Silverwood Development Phase 1 LLC disclaims any duty to update the information and makes no commitment as to the plans in the future. Silverwood Development Phase 1 LLC provides all information on this Website without warranty of any kind, either express or implied. Further, Silverwood Development Phase 1 LLC does not warrant that its service in providing this Website will be uninterrupted. Reliance on Statements on the Website: Statements on this Website that are not historical facts are “forward-looking” statements that involve a number of risks and uncertainties, that could cause actual results to differ materially from those projected in the statements, including, but not limited to: (1) economic conditions in the City of Hesperia, the State of California and elsewhere; (2) market demands; (3) competitive factors and pricing factors in the company’s primary markets; (4) legislative and regulatory environments at the federal and state local levels, such as government rate regulations and land-use regulations; (5) dependence on third-party suppliers; (6) fuel prices; (7) labor relations; (8) risks associated with current or future litigation; and (9) other risk factors described elsewhere in this communication. Despite efforts of Silverwood Development Phase 1 LLC to provide accurate information on this Website at all times, it is not possible to ensure that the information regarding the Silverwood Community and services published on this Website is correct or up to date and the Website may unintentionally include inaccuracies or typographical errors with respect to the description of a lot size, site plan, floor plan, a rendering, a photo, the elevation, prices or other important pieces of information. Square footage and room sizes are approximate and may vary. Prices shown, if any, do not include premiums or other optional features. To the fullest extent permitted by law, Silverwood Development Phase 1 LLC, DMB Development. (“DMB”), the Silverwood Community Association, Inc. (“Association”), the Silverwood Assembly (“Assembly”), their subsidiaries and affiliates, their direct and indirect owners, and their respective officers, directors, partners, employees, agents, managers, trustees, representatives or contractors of any of them, related thereto and any successors or assigns of any of the foregoing (collectively, “SDP1”) shall not be liable for any direct, indirect, actual, punitive, incidental, special or consequential damages whatsoever resulting from loss of use, data or profits, arising from or related to the use of or reliance on this Website or any information contained herein even if Silverwood Development Phase 1 LLC has been advised of the possibility of damages. Also, Silverwood Development Phase 1 LLC makes regular changes and additions to the information herein and has the right to do so at any time. No Investment Advice: No statement contained on this Website or on any website featuring a particular project offered by Silverwood Development Phase 1 LLC, DMB, their subsidiaries or affiliates should be construed as investment advice. Prospective purchasers are urged to seek expert investment, legal or other advice prior to entering into any purchase contract. This promotional material is not intended to constitute an offering in violation of the law of any jurisdiction. Obtain the Property Report or its equivalent, required by Federal and State law, and read it before signing anything. No Federal or State agency has judged the merits or value, if any, of this property. No binding offer to sell or lease may be made or accepted prior to the issuance of the final California Subdivision Public Report for the property. Lot Reservations or Conditional Sales only may be currently offered in certain neighborhoods and certain neighborhoods proposed for future development may not currently be available for sale at this time. Please consult a Sales Consultants for further details. In addition, this Website may be accessed by users throughout the United States and internationally. It may contain references or cross-references to subdivisions or housing types within the community that are not currently approved for sale in your state. These references do not imply that Silverwood Development Phase 1 LLC (or any other Seller of real property within Silverwood) intends to seek approval to conduct sales activities in your state. Void where prohibited or otherwise restricted by law. Information presented on this Website is provided for general reference only and is not a representation of the content of the sales contract or other offering documents and governing documents for any community featured on this Website. For California Residents: WARNING: The California Department of Real Estate has not inspected, examined, or qualified this offering. Not an offer to residents of NY, NJ, CT, as well as other jurisdictions where prior state registration requirements have not been satisfied. Please consult a Silverwood or Neighborhood Representative for further details on lots offered in particular neighborhoods. Links to Other Websites: SDP1 neither endorses nor guarantees the accuracy of the information contained in any Website that is linked to or from this site. Links to other sites and Website addresses are provided solely for the convenience of the user. In addition, other Internet sites may link to this Website without our knowledge or permission. Because SDP1 has no control over such linked sites, it assumes no obligation to review, and is not responsible for the availability or content of, any off-site pages or any other sites linked to this Website.

Your linking to off-site pages or other sites is at your own risk. Equal Housing Opportunity: SDP1 is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. Silverwood Development Phase 1 LLC encourages and supports an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status or national origin and all lots and homes advertised by SDP1 are available on an equal opportunity basis. In addition, SDP1 is committed to its compliance with the laws and regulations of other jurisdictions that may add prohibitions against discrimination based on age, parental status, sexual orientation, political ideology, financial status, and the like. Maps and Development Plans for Silverwood: Maps on this Website are not to scale and represent an artist’s depiction of the existing and/or planned elements of the current proposed development concepts of Silverwood Development Phase 1 LLC for the Silverwood Community. Artist’s renderings, photos, prices, specifications and planned amenities continue to evolve and are based on current proposed development plans that are subject to change without notice. Use of certain recreational amenities or participation in certain activities may be subject to additional fees and availability. No guarantee is made that the facilities and features depicted within the Silverwood Community will be constructed, or that if constructed, the number, type, size and location will be as depicted. Please consult your Final California Subdivision Public Report for specific details on estimated completion dates and bonding issues for particular amenities currently proposed for the overall Silverwood Community or within a particular subdivision. Photos and renderings may show upgraded features and landscaping and may not represent the base price house in any neighborhood within the Silverwood Community. SDP1 does not own or control the land outside the boundaries of the Silverwood Community and does not guarantee the current or future use thereof. Silverwood Development Phase 1 LLC reserves the right to make changes in the proposed land uses, improvement plans, street patterns and types, architectural styles and designs, size of residences, and other improvements to be built and there can be no assurance that Silverwood or the subdivision in which any home or lot is located will be developed as proposed. Plans for common areas and open space surrounding residential areas may be affected by such changes. The Community presently includes one golf course currently open to the public, subject to daily fees for use, a private health club and a “Main Street District” comprised of commercial, office, high-density residential (including apartments) and retail uses. Additional facilities, including one or more additional public or private golf courses, health clubs and commercial, office, high-density residential and retail facilities may be built on property within the Community. If developed as planned, the Community will be developed in a series of phases over a period of years. Facilities, amenities, services and prices are subject to change. Please see a Community Representative and consult the applicable Subdivision’s Final California Public Report for further details. Zoning: The zoning and land use designations for the Silverwood Community are subject to change from time to time. Each Buyer is strongly advised to investigate and determinate for his, her or their own account if the zoning and land use designations for Silverwood, as well as other real properties in the vicinity of the Silverwood Community are compatible with such buyer’s occupancy, use and enjoyment of the lot and residential dwelling purchased by such buyer. Since we cannot predict every circumstance that may be material to you as a buyer, you must satisfy yourself about the decision to purchase a home or lot by independently investigating all matters of concern to you. No Custom Home Builder, Neighborhood Builder (including any of their respective agents, employees, or affiliates) or SDP1, have made any representation concerning the timing, location, configuration or existence of any non-residential use on or about Silverwood. The total number of residential units may increase or decrease from the current plan, depending upon market conditions or other conditions, including acquisition of additional property. Plans for common areas surrounding residential areas may be affected by such changes. Views: Views vary significantly by lot location and may be affected by future development. SDP1 does not guarantee or make any representation or warranty regarding the preservation of any future view or the natural environment surrounding Silverwood that may be a factor in your purchase decision. Builders: The Custom Homebuilders and the Neighborhood Homebuilders within Silverwood are independently owned and operated and are not affiliated with SDP1 (collectively, the “Builders”). References to or approval of such Builders by SDP1 shall not be construed as an endorsement, warranty or certification of such Builders or such Builder’s performance by SDP1. Promotional Programs: Promotional programs are typically available only on select lots at select neighborhoods for a limited time period, and are not available in conjunction with other offers. SDP1 is neither associated with nor endorses any promotional programs offered by any Builders (as defined above) in any Neighborhood in which Silverwood Development Phase 1 LLC does not sell. Please see a Sales Associate for current programs and restrictions. Credits: Illustrations of Silverwood’s proposed features provided by Dale Gardon Design, LLC, in conjunction with Peter Dozal or Craig Wickersham. Illustrations of Silverwood’s proposed homes provided by William Hezmalhalch Architects. Illustrations of home elevations and floorplans provided by Darryl Redar. Cox Communications Disclaimer: Equipment rental and separate subscription to Cox standard service required for Digital cable. Cable modem required for Internet service. Other restrictions apply. Cox is a registered trademark of Cox Communications, Inc. Copyright Information: Copyright © 2009, Silverwood Development Phase 1 LLC All rights reserved. SDP1 invites viewers to browse this Website and the linked pages for their individual entertainment and to obtain information about the Silverwood Community and the DMB family of communities. The entire contents of this Website, including images and text, graphics, charts, pictures, photographs, images, icons, renditions and floor plans, as well as works that are licensed to Silverwood Development Phase 1 LLC and found within www.silverwoodcalifornia.com‘s related pages are copyrighted as a collective work and currently owned by Silverwood Development Phase 1 LLC, its related entities or its partners. SDP1 grants a limited license to viewers to download or print pages from the Website for personal informational purposes only, and not for any commercial purposes. Use of this Website by viewers is based upon their agreement to abide by these terms. Any violation of the foregoing conditions or use will subject the user to the possibility of full prosecution under applicable law. In particular, Silverwood®, its respective words and marks (among others reserved by SDP1) are registered trademarks with the United States Trademark and Patent Office and are not allowed to be used in any manner whatsoever without SDP1’s express prior permission. If the words or marks are used without authorization, SDP1 shall take any and all appropriate actions allowed by law to protect its rights. If you have any questions regarding a specific mark or any other Silverwood Development Phase 1 LLC or DMB intellectual property, please contact us at info@silverwoodcalifornia.com. Contact Us: If you have any other questions regarding these legal terms, please contact us at info@silverwoodcalifornia.com.