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1 <br /> POLICY OF TITLE INSURANCE ISSUED BY <br /> b <br /> r <br /> � I► <br /> N <br /> + r n <br /> 1 <br /> } S T EWART TITLE <br /> P <br /> GUARANTY COMPANY } <br /> + 4 <br /> + SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE EXCEPTIONS FROM COVERAGE CONTAINED IN t <br /> SCHEDULE B AND THE CONDITIONS AND STIPULATIONS, STEWART TITLE GUARANTY COMPANY, a Texas A, <br /> ti <br /> ti <br /> corporation, herein called the Company, insures, as of Date of Policy shown in Schedule A, against loss or damage, not <br /> exceeding the Amount of Insurance stated in Schedule A,sustained or incurred by the insured by reason of: <br /> 1. Title to the estate or interest described in Schedule A being vested other than as stated therein; t <br /> I► <br /> } ,I 2. Any defect in or lien or encumbrance on the title; } w <br /> ` I 3. Unmarketability of the title; } <br /> Y <br /> { 4. Lack of a right of access to and from the land; <br /> 5. The invalidity or unenforceability of the lien of the insured mortgage upon the title; <br /> 6. The priority of any lien or encumbrance over the lien of the insured mortgage; <br /> s <br /> 7. Lack of priority of the lien of the insured mortgage over any statutory lien for services, labor or material: } <br /> } } <br /> (a) arising from any improvement or work related to the land which is contracted for or commenced prior to Date y <br /> M <br /> { of Policy;or s <br /> + (b) arising from an improvement or work related to the land which is contracted for or commenced subsequent to } ^` <br /> { Date of Policy and which is financed in whole or in part by proceeds of the indebtedness secured by the " <br /> insured mortgage which at Date of Policy the insured has advanced or is obligated to advance; <br /> 8. The invalidity or unenforceability of any assignment of the insured mortgage, provided the assignment is shown in <br /> Schedule A, or the failure of the assignment shown in Schedule A to vest title to the insured mortgage in the t <br /> .I. <br /> } named insured assignee free and clear of all liens. ro <br /> The Company will also pay the costs, attorneys' fees and expenses incurred in defense of the title or the lien of the <br /> , f <br /> .� insured mortgage, as insured, but only to the extent provided in the Conditions and Stipulations. <br /> In witness whereof, Stewart Title Guaranty Company has caused this policy to be signed and sealed by its duly i <br /> authorized officers as of Date of Policy shown in Schedule A. r <br /> } <br /> 1 <br /> STENVART TITLE <br /> GUARANTY COMPANY <br /> t+ 1 i pIIMM//.W�i� b <br /> E G�4y <br /> Chairman of the Board Qr�oavogq ':yam, President <br /> Countersigned bwmm <br /> 1908 <br /> i Authori rEX As ai'i11\\ r <br /> r' 9tewartaf tle of Glenwood Springs, Inc. .,,,� �" DEC 1 198� j <br /> 7 CompangoX 430, Glenwood Springs, CO 81602 t > <br /> Q �i��: S.�iiYE� <br /> City,State RECLAMAT 04 DIVISI <br /> o = _ <br /> Polio i <br />