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EXCLUSIONS FROM COVERAGE <br /> The following matters are excluded from the coverage of this policy,and the Company will not pay loss or damage,costs,attorneys'fees,or expenses that arise by <br /> reason of: <br /> 1. (a)any law,ordinance,permit,or governmental regulation(including those relating to building and zoning)that restricts,regulates,prohibits,or relates to <br /> p) the occupancy,use,or enjoyment of the Land; <br /> (u) 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 govemmental forfeiture,police,regulatory,or national security power. <br /> (c)the effect of violation or enforcement of any matter excluded under Exclusion 1(a)or 1(b) <br /> Exclusion 1 does not modify or limit the coverage provided under Covered Risk 5 or 6. <br /> 2. Any power of eminent domain.Exclusion 2 does not modify or limit the coverage provided under Covered Risk 7. <br /> 3. Any defect,lien,encumbrance,adverse claim,or other matter: <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 the Date of Policy,but Known to the Insured Claimant and not disclosed in writing to the <br /> 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 the Date of Policy(Exclusion 3(d)does not modify or limit the coverage provided under Covered Risk 9 or 10);or <br /> (e)resulting in loss or damage that would not have been sustained if consideration sufficient to qualify the Insured named in Schedule A as a bona fide <br /> purchaser had been given for the Title at the Date of Policy. <br /> 4. Any claim,by reason of the operation of federal bankruptcy,state insolvency,or similar creditors'rights law,that the transaction vesting the Title as shown in <br /> Schedule A 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 exchange for new value; <br /> or <br /> (ii) for any other reason not stated in Covered Risk 9(b) <br /> 5. Any claim of a PACA-PSA Trust,Exclusion 5 does not modify or limit the coverage provided under Covered Risk 8. <br /> 6. Any lien on the Title for real estate taxes or assessments imposed or collected by a governmental authority that becomes due and payable after the Date of <br /> Policy Exclusion 6 does not modify or limit the coverage provided under Covered Risk 2(b) <br /> 7. Any discrepancy in the quantity of the area,square footage,or acreage of the Land or of any improvement to the Land. <br /> Copyright 2021 American Land Title Association.All rights reserved. <br /> AMERICAN <br /> The use of this Form is restricted to ALTA licensees and ALTA members in good standing as of the date of use.All other LAND TITLE <br /> uses are prohibited.Reprinted under license from the American Land Title Association. <br /> ASSOCIATION <br />