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Order Number: O-SA4443323
<br />Page Number: 13
<br />4, 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 not shown by the Public Records.
<br />5. (a) Unpatented mining claims; (b) reservations or exceptions in patents or In Acts authorizing the Issuance thereof; (c) water rights, claims
<br />or title to water, whether or not the matters excepted under (a), (b), or (c) are shown by the Public Records.
<br />6. Any lien or right to a lien for services, labor or meet lal not shown by the public records.
<br />2006 ALTA OWNER'S POLICY (06.17-06)
<br />EXCLUSIONS FROM COVERAGE
<br />The follming matters are expressly excluded from the coverage of this policy, and the Company will not pay loss or damage, costs, attorneys'
<br />rees, or expenses that arise by reason of:
<br />1, (a) Any law, ordinance, permit, or governmental Mgulatlon (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 />(11) 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 limit the
<br />coverage provided under Covered Risk 5.
<br />(b) Any governmental police power. This Exclusion 1(b) does not modify or limit the coverage provided under Covered Risk 6.
<br />2. Rights of eminent domain, I"his Exclusion does not modify a limit the coverage provided under Covered Risk 7 or H.
<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 Date of Policy, but Known to the Insured Claimant and not disclosed
<br />in writing to the Company by the Insured Claimant prior to the date the Insured Claimant became an Insured under this 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 9 or
<br />10); or
<br />(e) resulting in loss or damage that would not have been sustained If the Insured Claimant had paid value forthe Title.
<br />4. Any claim, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors' rights laws, that the transaction vesting
<br />the Title as shown In Schedule A, Is
<br />(a) a fraudulent conveyance or fraudulenttrinsfer, or
<br />(b) a preferential transfer for any reason not stated In Covered Risk 9 of this policy.
<br />S. Any lien on the Title for real estate taxes or assessments Imposed by governmental authority and created or attaching between Date of
<br />Policy and the date of recording of the deed or other Instrument of transfer in the Public Records that vests Title as shown In Schedule A.
<br />The above policy form may be issued to afford either Standard Coverage or Extended Coverage. In addition to the above Exclusions from
<br />Coverage, the Exceptions from Coverage In a Standard Coverage policy will also Include the following Exceptions from Coverage:
<br />EXCEPTIONS FROM COVERAGE
<br />This policy does not Insure against loss or damage (and the Company will not pay costs, attorneys' fees or expenses) that arise by reason of:
<br />1. (a) Taxes or assessments that are not shown as existing Ileus by the records of any taxing authority that levies taxes or assessments on real
<br />property or by the Public Rererdsj (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 />2. Any facts, rights, Interests, or claims that are not shown by the Public Records but that could be ascertained by an Inspection of the Land or
<br />that may be asserted by persons in possession of the Land
<br />3. Easements, Ilene or encumbrances, or claims thereof, not shown by the Public Records.
<br />4. 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 not shown by the Public Records,
<br />5. (a) Unpatented mining claims; (b) reservations or exceptions In patents or In Acts authorizing the Issuance thereof; (c) water rights, claims
<br />or title to water, whether or not the matters excepted under (a), (b), or (c) are shown by the Public Records.
<br />6. Any lien or right to a lien for services, labor or material not shown by the public records,
<br />ALTA EXPANDED COVERAGE RESIDENTIAL LOAN POLICY (07-26-10)
<br />EXCLUSIONS FROM COVERAGE
<br />The following matters are expressly excluded from the coverage of this policy, and the Company will not pay loss or damage, costs, attorneys'
<br />rare, or expenses that arise by reason of:
<br />Frstknerican Title
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<br />75M-21
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