75R - PH - RESO NECESSITY 2223 S BRISTOL

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CLTA Preliminary Report Form (Rev. 11106) `Pqr AM nh,r fs HitstAmericau ritle Customer Reference: ATTACHMENT 1 Order Number: OSA-4443265 Page Number: 1 Updated First American Title Company 4 First American Way Santa Ana, CA 92707 Order Number: OSA-4443265 (bdaa) Title Officer: Bob Davies / Ashley Aegerter Phone: (714)250-3094 Fax No.: (714)913-6386 E -Mail: octitle2@flrstam.com Property: 2223 South Bristol Street Santa Are, CA PRELIMINARY REPORT In response to the above referenced appllcatlun for a policy of tltle Insurance, this company hereby report that it is prepared to Issue, or cause to be Issued, as of the date hereof, a Policy or Policies of Title Insurance describing the land and the estate or Interest therein hereinafter set forth, Insuring against loss which maybe sustained by reason of any defect, lien or encumbrance not shown or referred to as an Exception below or not excluded from coverage pursuant to the printed schedules, Conditions and Stipulations of said Policy forms. The printed Exceptions and Exclusions from the coverage and Limitations on Covered Risks of said policy or policies are set forth in Exhibit A attached. The policy to be Issued may contain an arbitration clause. When the Amount of Insurance Is less than that setfodh In the arbitration clause, all arbitrable matters shall be atbibated at the option of either the Company or the Insured as the exclalva remedy of the padlles. Limitations on Covered Risks applicable to the CLTA and ALTA Homeowner's Policies of Tile Insurance which establish a Deductible Amount and a Maximum Dollar Limit of Liability for carte In coverages are also set forth In Exhibit A. Copies of the policy forms should be read, They are available from the office which issued this report. Please read the exceptions shown or referred to below and the exceptions and exclusions set forth in Exhibit of this report carefully. The exceptions and exclusions are meant to provide you with notice of matters which are not covered under the terms of the title Insurance policy and should be carefully considered. It is important to note that this preliminary report is not a written representation as to the condition of title and may not list all hens, defects, and encumbrances affecting title to the land, This report (and any supplements of iniendntenls hereto) Is issued solely for the purpose of facilitating the Issuance of a policy of title Insurance and no liability is assumed hereby. If it Is desired that liability be assumed prior to the Issuance of a policy of title insurance, a Binder or Commitment should be requested. First American Title page 1 of is 75R-8