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EXHIBIT 3
<br /> Order Number: 5850714-A (tc)
<br /> Page Number: 11
<br /> EXHIBIT A
<br /> LIST OF PRINTED EXCEPTIONS AND EXCLUSIONS(BY POLICY TYPE)
<br /> CLTA/ALTA HOMEOWNER'S POLICY OF TITLE INSURANCE[(07-01-2021)v.01.00]
<br /> EXCLUSIONS FROM COVERAGE
<br /> The following matters are excluded from the coverage of this policy and We will not pay loss or damage,costs,attorneys'fees,or expenses
<br /> that arise by reason of:
<br /> 1. a. any law,ordinance,permit,or governmental regulation (including those relating to building and zoning)that restricts,regulates,
<br /> prohibits,or relates to:
<br /> i. the occupancy, use,or enjoyment of the Land;
<br /> ii. the character,dimensions,or location of any improvement on the Land;
<br /> iii. the subdivision of land;or
<br /> iv. environmental remediation or protection.
<br /> b. any governmental forfeiture,police,or regulatory,or national security power.
<br /> c. the effect of a violation or enforcement of any matter excluded under Exclusion i.a. or 1.b.
<br /> Exclusion 1 does not modify or limit the coverage provided under Covered Risk 8.a., 14, 15, 16, 18, 19,20,23,or 27.
<br /> 2. Any power to take the Land by condemnation. Exclusion 2 does not modify or limit the coverage provided under Covered Risk 17.
<br /> 3. Any defect,lien,encumbrance,adverse claim,or other matter:
<br /> a. created,suffered,assumed,or agreed to by You;
<br /> b. not Known to Us,not recorded in the Public Records at the Date of Policy, but Known to You and not disclosed in writing to Us by
<br /> You prior to the date You became an Insured under this policy;
<br /> C. resulting in no loss or damage to You;
<br /> d. attaching or created subsequent to the Date of Policy(Exclusion 3.d.does not modify or limit the coverage provided under Covered
<br /> Risk 5,8.f.,25,26,27,28,or 32);or
<br /> e. resulting in loss or damage that would not have been sustained if You paid consideration sufficient to qualify You as a bona fide
<br /> purchaser of the Title at the Date of Policy.
<br /> 4. Lack of a right:
<br /> a. to any land outside the area specifically described and referred to in Item 3 of Schedule A;and
<br /> b. in any street,road,avenue,alley,lane, right-of-way, body of water,or waterway that abut the Land.
<br /> Exclusion 4 does not modify or limit the coverage provided under Covered Risk 11 or 21.
<br /> 5. The failure of Your existing structures,or any portion of Your existing structures,to have been constructed before,on,or after the Date
<br /> of Policy in accordance with applicable building codes. Exclusion 5 does not modify or limit the coverage provided under Covered Risk 14
<br /> or 15.
<br /> 6. Any claim, by reason of the operation of federal bankruptcy,state insolvency,or similar creditors'rights law,that the transfer of the Title
<br /> to You is a:
<br /> a. fraudulent conveyance or fraudulent transfer;
<br /> b. voidable transfer under the Uniform Voidable Transactions Act;or
<br /> C. preferential transfer:
<br /> i. to the extent the instrument of transfer vesting the Title as shown in Schedule A is not a transfer made as a contemporaneous
<br /> exchange for new value; or
<br /> ii. for any other reason not stated in Covered Risk 30.
<br /> 7. Contamination,explosion,fire,flooding,vibration,fracturing,earthquake,or subsidence.
<br /> 8. Negligence by a person or an entity exercising a right to extract or develop oil,gas,minerals,groundwater,or any other subsurface
<br /> substance.
<br /> 9. Any lien on Your Title for real estate taxes or assessments imposed or collected by a governmental authority that becomes due and
<br /> payable after the Date of Policy. Exclusion 9 does not modify or limit the coverage provided under Covered Risk 8.a.or 27.
<br /> 10. Any discrepancy in the quantity of the area,square footage,or acreage of the Land or of any improvement to the Land.
<br /> LIMITATIONS ON COVERED RISKS
<br /> Your insurance for the following Covered Risks is limited on the Owner's Coverage Statement as follows:
<br /> For Covered Risk 16, 18, 19,and 21 Your Deductible Amount and Our Maximum Dollar Limit of Liability shown in Schedule A.
<br /> The deductible amounts and maximum dollar limits shown on Schedule A are as follows:
<br /> Your Deductible Amount Our Maximum Dollar Limit of Liability
<br /> Covered Risk 16: 1%of Policy Amount Shown in Schedule A or$2,500 $10,000
<br /> (whichever is less)
<br /> Covered Risk 18: 1%of Policy Amount Shown in Schedule A or$5,000 $25,000
<br /> (whichever is less)
<br /> Covered Risk 19: 1%of Policy Amount Shown on Schedule A or$5,000 $25,000
<br /> (whichever is less)
<br /> Covered Risk 21: 1%of Policy Amount Shown on Schedule A or$2,500 $5,000
<br /> (whichever is less)
<br /> First American Title
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