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rt f - - - a~.a [a 11J _ r tS l p 7 r a a . a ~~~ fS (~_3 t '•~~r' ~ t r'~^jtl~`~/„1~~ ^7~~~~j~~~{' / 'y`~r C'~~~t1 Y ~ 1 rf 1 f' 71~/ ~ l r• ~"!4~~ rt. x ~1- '7"'1 x. ~i 1 i. r r -.:t . L ` ~7kL7.4 C.OIIDn111p91RVK~~~kLBV~ ;ld t ~_ t r~+.tt 4( ~ Itll T „~;•,[ ..( %r +," :'. `:r fr. r 1`. ~ ~~t ~"L ~t ~h'~(~i~ire '~~yu fj Zr., OLD flEPUBLIC NATIONAL Tlilf rNSUflANCE COMPANY, a Minnesota ceryaration, herdn raked the Company far a *' ~, veluab4 consideration, hereby commits to issue its Dobcy or prdicies of tide insurance, as identified in Schedule A in lavor .~( or the proDOSed Insured named in Stiredde A as owns or mortgagee of the estate ar interest covemd hereby in the 4nd described or referred to m Schedu4 A, upon paymem of the Dremums antl charges therefor a9 w6ject to the provtsians o1 ~( Schedule A and B and ro the Conditons and Stipvlatiom heeol. This Commumem shop 6e e((ative only when the identity o1 the proposed Inwred arM Poe amount of the policy or pakcies committed far have been urserted m Schedule A hereal 6y the Company, either at the time al the issuance of this * * ~. * Commitment or by subsequent endorsement. This Commitment is prehnunary ro the issuance of such policy or pokcies of tit4 inwrenra and ap liabdiry and obligations hereunder shaA ease and temenare su months after the effective date hereof or when the pokcy a pdiries committed for chap issue, whahever lirst occurs. provided that the lailure to rssue such policy ar pohdes is not the fault of the Company. CONDITIQNS AND STIPULATIONS I. the term "mortgage", when used herein. shall include deed of bust oust deed, a atha security inawment. 2 B the Dropowd Insured has or acquires actual knowledge of arty defect lien, encumbrance, adverse daim ar other matter aNacting the estate or interest a mortgage thereon covered by this Commitment other than those shown in Schedule B heeol, and shall fad to disclose such knowledge to the Company in writing, the Company shat be rekeved (tutu kabikry la any loss ar damage resNting from any an of reiance hereon to the extern the Company is prejudiced d'/ (alum al the proposed Insured m w dittlose such krrowfedpe. II the proposed Insured chap disclose such knowledge to the Company, ar if the Company otherwise acquires actual knowletlpe of any such detect ken, encumbrance, adverse dawn or other natter, the Company at its option may amend Schedule 8 0l this Commitment accordingly, but such emendm¢m chap nos relieve the Company hom tiabihty previously incurred pursuam to paragraph 3 of these Conditions and Stipulations. 3, liability of da Company under this Commitment shall 6e only to the named proposed Insured and wch parties urduded aria the ddinition of Insured in the farm al poky ar pokcies committed tar and only far actual loss incurred m reliance haeon in uMenaking in good faith (at ro canply with the requirements hereo(m (bi ro diminate exceptions shown in Schedule B. a jcj to acgture or create the estate or interest ar mortgage thereon covered by this Camnitmem. M no even sfap such liability exceed the amount stated in Schedule A for da pokcy a pdkies committed for and such liability is wbject to the insuring prwisiam aril the Corrditiorts and Stipulations and the E¢lusiora from Coverage of the form of paliq a pdicies commuted fa m favor al the proposed Inwr¢d which a2 hereby intwrporeted by reference and made a pan o1 this famnutmant except as expressly modified herein. 4. Any action or actrons or rights aI action that the proposed Msured may have or may bring against the Company arising out of the solos at she rule to she estate or interest or the status of the mortgage thereon rotemd by tMs Commitment must be based on and are subject to the Bons of the Commitment. STANDARD EXCEPTIONS In addition to the matters contarrad in the Conditions and Stipulations and Fttlusions hom Coverage shove rettxred to, this Commitment is a4o wbject m she fopraving: L. Lkphts or dolma of parties 4 possession not shown by the publc racoNs. 1. Easements, a daims of easements, not shown 6y the pubke retards 3. Discrepatx~es, ronfkms in boundary lures, shortage in area, encroachments. and any facts which a correct taraey end inspection of the premises world diulow and which are not shown 6y the public records. 4. Arty ben. or fight m a hen, for services, 46or or material tlaretofae a hereaha famished. unposed pY few tmd trot shown 6y the pubhc records. a attaching subsequent to the effective date hereof but pria mtthe date the pmpased mstaed acqu res of re oMmor value the est rce ar interest a~mortgagedthereon covered by this Commitment. 6e haeatto affixed by its dUy autharil¢d officers an the dka eNhowa in Schedule 0.Rto~beli~N~uwo~nEn Tciotle~t~9onc~e 6Can ~'Qe a~sg olfic~er or odie~authoamed signs ory`o ~ii~/ Sgamry ~~ NA710NAt TiyLE LNSURANCE COMPANY 400liucgrtl Ave>tua Sotvtlt MlmealgYY(a, Minnesom 55401 (612) 371-1111