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File No: 08026527
<br />ATTACHMENT
<br />(a) Taxes or assessments that are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on
<br />real property or by the Public Records; (b) proceedings by a public agency that may result In taxes or assessments, or notices of such
<br />proceedings, whether or not shown by the records of such agency or by the Public Records.
<br />Any facts, rights, interests, or claims that are not shown in the Public Records but that could be ascertained by an inspection of the Land
<br />or that may be asserted by persons in possession of the Land.
<br />Easements, liens or encumbrances, or claims thereof, not shown by the Public Records.
<br />Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be disclosed by an accurate
<br />and complete land survey of the Land and that are not shown by the Public Records.
<br />(a) Unpatented mining claims; (b) reservations or exceptions In patents or in Acts authorizing the Issuance thereof; (c) water rights,
<br />claims or title to water, whether or not the matters excepted under (a), (b), or (c) are shown by the Public Records.
<br />Any lien or right to a lien for services, labor or material not shown by the Public Records.
<br />Variable exceptions such as taxes, easements, CC&R's, etc. shown here.
<br />ALTA EXPANDED COVERAGE RESIDENTIAL LOAN POLICY (12-02-13)
<br />EXCLUSIONS FROM COVERAGE
<br />The fallowing matters are expressly excluded from the coverage of this policy and the Company will not pay loss or damage, costs,
<br />attorneys' fees or expenses which arise by reason of:
<br />1. (a) Any law, ordinance, permit, or governmental regulation (Including those relating to building and zoning) restricting, regulating,
<br />prohibiting, or relating to
<br />(1) the occupancy, use, or enjoyment of the Land;
<br />(ii) the character, dimensions, or location of any improvement erected on the Land;
<br />(iii) the subdivision of land; or
<br />(iv) environmental protection;
<br />or the effect of any violation of these laws, ordinances, or governmental regulations. This Exclusion 1(a) does not modify or
<br />limit the coverage provided under Covered Risk 5, 6, 13(c), 13(d), 14 or 16.
<br />(b) Any governmental police power. This Exclusion 1(b) does not modify or limit the coverage provided under Covered Risk 5, 6, 13(c),
<br />13(d), 14 or 16,
<br />2. Rights of eminent domain. This Exclusion does not modify or limit the coverage provided under Covered Risk 7 or 8.
<br />3. Defects, liens, encumbrances, adverse claims, or other matters
<br />(a) created, suffered, assumed, or agreed to by the Insured Claimant;
<br />(b) not Known to the Company, not recorded in the Public Records at Dale of Policy, but Known to the Insured Claimant and not
<br />disclosed in writing to the Company by the Insured Claimant prior to the date the Insured Claimant became an Insured under this
<br />policy;
<br />(c) resulting in no loss or damage to the Insured Claimant;
<br />(d) attaching or created subsequent to Date of Policy (however, this does not modify or limit the coverage provided under Covered Risk
<br />11, 16, 17, 18, 19, 20, 21, 22, 23, 24, 27 or 28); or
<br />(e) resulting In loss or damage that would not have been sustained if the Insured Claimant had paid value for the Insured Mortgage,
<br />4. Unenforceability of the lien of the Insured Mortgage because of the inability or failure of an Insured to comply with applicable doing -
<br />business laws of the state where the Land is situated.
<br />5. Invalidity or unenforceability in whole or In part of the lien of the Insured Mortgage that arises out of the transaction evidenced by the
<br />Insured Mortgage and is based upon usury, or any consumer credit protection or truth -In -lending law. This Exclusion does not modify or
<br />limit the coverage provided in Covered Risk 26,
<br />6. Any claim of invalidity, unenforceability or lack of priority of the lien of the Insured Mortgage as to Advances or modifications made after
<br />the Insured has Knowledge that the vestee shown In Schedule A is no longer the owner of the estate or interest covered by this policy.
<br />This Exclusion does not modify or limit the coverage provided In Covered Risk 11.
<br />7. Any lien on the Title for real estate taxes or assessments imposed by governmental aulhorlly and created or attaching subsequent to
<br />Date of Policy. This Exclusion does not modify or limit the coverage provided in Covered Risk 11(b) or 25.
<br />8. The fallure of the residential structure, or any portion of it, to have been constructed before, on or after Date of Policy in accordance with
<br />applicable building codes. This Exclusion does not modify or limit the coverage provided in Covered Risk 5 or 6.
<br />9. Any claim, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors' rights laws, that the transaction creating
<br />the lien of the Insured Mortgage, is
<br />(a) a fraudulent conveyance or fraudulent transfer, or
<br />(b) a preferential transfer for any reason not stated in Covered Risk 27(b) of this policy.
<br />10. Contamination, explosion, fire, flooding, vibration, fracturing, earthquake, or subsidence.
<br />11. Negligence by a person or an Entity exercising a right to extract or develop minerals, water, or any other substances.
<br />© California Land Title Association. All rights reserved.
<br />The use of this Form Is restricted to CLTA subscribers in good standing as of the dale of use. All other uses are prohibited. Reprinted under
<br />license or express permission from the California Land Title Association,
<br />Page 12
<br />75F-18
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