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OWNER'S POLICY OF TITLE INSURANCE LSSUED BY ~i?INSAMERICA TTTLE INSURANCE COMPANY SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE EXCEPTIONS FROM COVERAGE CONTAINED IN SCHEDULE B AND THE CONDITIONS AND STIPULATIONS, TRANSAMERICA TITLE INSURANCE COMPANY, a California corporation, herein called the Compa- ny, insures, as of Date of Policy shown in Schedule A, against loss or damage, not exceeding the Amount of Insurance staled in Schedule A. susnined or incurred by the insured M reason of: I. Title to the rsuu or mterat described in Schedule A being vested other than u sated thereiq 2. My defect in or Geo or mcr®brans oo the title; 7. UnmarkeUbiGty of the Ctle; 4. Leek of a right of atszv m and from the land. The Company svtll aGo pay the tmu, attortteyi fees and expenxs incurred in defense of the title, as insured, but only to the extern provided in the Cooditiom and Stipulations. IN WITNESS WHEREOF, TRANSAMERICA TITLE INSURANCE COMPANY has cauxd its corporate name and seal to be hereunto affixed by iu duly authorized officers, the Policy to become valid when countersigned by an authorized officer or agent of the Company. ~ /~ /} TRANSAMERICA/T~71TLE INSU%R/fANC~E~COMPANY `^ -9f' ~ .,1,,\,l(INJy~~yr~ By~i,/~/d'G6'fit-~ ~L iYl (~ ~l ~ ~1~! ?!) s ~°covossrra Mthurized Countersignature ~ }f s President)/J~~7/ ~. Attest: (/U.(l (i P~(IfOkN\\' Secretary EXCLUSIONS FROM COVERAGE The fogowing matters art expressly excluded from the eovmge of this policy and the Company wiB not pay loss or damage, vests, attorneys' tees or expettsa which aria by reason oL 1. (a) My Lw, ordinance or governmrnul rcgulatios (including but not limited to building and inning lass, ordinanm, or regulations) restricting, regulating, prohibiting or relating to (i) the occupanry, ux, or eojoymrnt of the lend; Cu) the duramtt, dimensions or location of any ®provemest now or hereafter ercctcd oo the land; (iG) • separation in ownership or a change in the dimmsiom or area of the land or any pera! of which the land is or was a part; or (iv) environmrntil proration, or the eeect of any violation of these 4w; ordiwnas or goveromenul regulations, exmpt to the extent that a notice of the enforameot thereof or • antis of ^ defect, Gen or encumbrance resulting Gom • vioation or Wegad vioation aRectiog tE~ land has ban recorded ie the public records at Dare of PoGry. (b) My govcrnmental potia power not esduded by (a) above, ex¢pr to the extrnt that a notice of the exercise rhercof or a noGa of a defa4 Ges or taet®bnme resulting from a violation or alleged violation alfeefing the tend hu bem recorded in the public records at Date of Polity. 2. Righu of eminent dorsaio udess nofia of the e:ercix thereof hat bern recorded in the public records at Dare of PoGry, but nor excluding from coverage any eking which has oavrred prior to Date of Polity which would be binding oo the righu of a purchaxr for value without knowledge. 7. Defau, urns, mettmbrantzs, adverx cLims or other matters: (a) eteatad, strRered, asss®ed or agreed to by the insured daimant: (b) not known to the Company, nor recorded in the public raords at Date of PoGry, but knowv to the insured claurunt and not discloud m writing to the Company by the insured claimant prior to the date the insured claimant beeatne an insured order this polity; (e) resulting m no Toss or damage m the insured clahmnt; (d) atuehing or created atsaequrnr to Date of Policy; or (e) resulting in bss or damage which would not hsve been sustained if the insured da®ant bed pid value for the estate or interest insured by this polity. Arttttrkan larM Tlga Assodetlon Owrsarla Ptsficy (fO21.8~ Faoa Paps Valid Only If Schedule A, B and Cover Are Attached