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.uu sa et, ue.ss ra.t br, .1sa sbou ~L. EtER7Si ~ 002 - ~ _. /~)FJR~c xaA,, D ~h'F~K ~wner's Policy ~ No. /v ~'v~' y Amerrtrrr Land title AssCtiatipn Dvrner's?plicy 1o-17-92 ` ***} * * SUEUECT TO THE EXClUS10N5 FADM COVERAGE. THE ExCEPfIDNS FROM COVERAGE CONTAINED IN SCHEDULE * } rF B AND i4E CONDITIONS AND $iIPULATIONS. OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY, a N~innesota cprptlrenon. here~r called the Company, insures, as pf Dete of Policy shown in Schedule A, against loss pr damage. not exceeding the Amount of tnsurarre stated in Schedule A, sustained or incurred by the insJretl pv reason tf~ 1. Title n th= zstzte or interest dastnbed in Schedule A being vexed other than as s<ateE therein; 2 Aq detect h or lien pr ent~morance on the title. 3. Unmarkeiabiirty of the tile, A. Lack of a rigor pf access to and hoot the land The Company Wi'. a~5t pa', the [p5t5, 8ttprneys' leea and expanses in'_urre7 l~?e79n:e o°. The title, as 'LSUretl. Obt only tp :Pe exlErl provided In [he CJnd,l:ps anC SUpulat:^^s IN WITNESS Wr;ERCOF, the said Oltl Republi[ Nat.onai Title !nsu:ance Compew has cal•sed fts wrptrat name and seal:d be Ite'sJ~;° affixed by its Cult' auror::ed pff~cers a5 0' Lhe d?15 chnvm m S[nPdulB d, Lhe ppIICY it b21'al'C V.'hen CpUnler$I,gned y' a!I e'Jihprl2F- Offltef p. a;e^I C! :-~? Ctmpe ty. EXCLUSIONS FFOM COVERAGE 'I'Hp `nnnwing ma-ers are excressiy excluded from the coverage o1 this policy and the Cpnpany win np*. pay loss or damage, ccss. a-crney5' saes er expenses which arse ~oy reason of. ,. lal Any lav+. ortlinanr¢ n: governmental regulation Ilncluding, but nct limited :J. building and zoning laws. orJinances, o• regu'a:ionsl restr;cting. regulating. prohihit~ng pr relating to lilthe otcupency, us^, pr enjoyment D• the land: lit) the character, dimensions or Ipcatier. of any im;,rowment new ar hereafter erected or, the land, list) a separa[ipn in ownership m a [harpe in the dimensions 7: area of the land or act' parcel of vhi[h ae IanC is or was a per.; or (iv) environmental prpt¢ction. or the effect of any violation pt mesa lesvs, ordinances or govCmm¢ntal reguletipns, except to the extert the; a notice of the --, enfprcemcnt thereof or a notice of a tlelect, lien or encumbrance resu~ing from a violation or alleged viCla7ior affect~rg the'and has hear. recordeE in the public records at Date of Poli[y. Ibi Any governmental polite pDWCr not exruEetl Cy lei above. except :p the exlert that a nptiLe pt :he B%ertise :hereof Cr 6 H: iCE pf a detect, Ilan Ot encumbrance resulCng from a violation pr alleged violatior. affecting the land has peen rewrdetl in the gable rarnres at Data of Po'icy. 2. Ripltu o! eminent domain unless notice of the exercise :Hereof has been recorded in the puh!ic retards at Date ct Poiicy, tux Hat exnuiirg tram coverage any taking which has occurred p~~or m Date of Pplir; y which would be bindirp on the rights pf a purchase' for value without kncw!edgs 3. Defers. (lens, encumbra~tcas, adverse claims. or other matters. fal aeatetl. suffered, assumed or agreed to by the insured claimant: Ihl net known to the Company, net recorded in the public records at Date pf Pc!icy, but knavyn to the insured claimant end not disclosed in writing tome Company by the insured claimant prior tp the data the insured caiman; became ¢n insured under this policy, Icl resu'ting in no loss pr damage tD the insured c;almant, Idl attaching or creating subsequent to Oat of Policy: or lei restating in Ipss pr damage which would not nav=_ been surained it the insured da~ma^t had paid valve far the estate pr mte:e;t ~rsureC by Mss polity. 4. Any claim. which arises out o` the [ransanion vesring In the insured the estate or Interest insured by [his poLCy. by reason o'tne ppe•aticn pf federal bonkrupt:y, state insolvenry, or similar creditors rights laws. that is based on: lal the transaction aeanng the estate or interest insured by thin pn9cy being deemed a fraudulem conveyance or fre:nulent t•an$fe : or Ihl the transacrior. crearing the state or interest insured by this polity being deerHed a preferential tronster except where pie prefereni;al transfer resclts from the failure: lil to timely record the instrument of transfer, er (iii of such recardetipn to impart notice to a purthaaerfpr value ar a judgment pr lien erlditar lasuad rhrpugh rho 0!lrce of.~ OLO REPUBLIC NATIONAL TITLE INSURANCE COMPANY LANO TITLE GUARANTiE CCNPANY $0a NORTFI NDC1E STREET A Sroct Cpmpan y Ice Seeand dvewe SouM, Mmneaoolis. M~~,eson 55101 lar71371-rill By r V. P/fsidam :- 7 F ~l,tri .. Arrea ~[f~`~~ s~//r/J~ Secterory 4 '^.r:..' . ~~.~iiLC.C ORT iNra ~¢~ -ALTA pwnti ~ ptliry 7617-5!