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ATTACHMENT ONE
<br /> CALIFORNIA LAND TITLE ASSOCIATION
<br /> STANDARD COVERAGE POLICY - 1990
<br /> EXCLUSIONS FROM COVERAGE
<br /> The following matters are expressly excluded from the coverage of this policy and the Company will not pay loss or damage,costs,attorneys'
<br /> fees or expenses which arise by reason of!
<br /> 1. (a) Any law, ordinance or governmental regulation (including but not limited to building and zoning laws, ordinances, or regulations)
<br /> restricting, regulating, prohibiting or relating (i) the occupancy, use, or enjoyment of the land; (ii) the character, dimensions or
<br /> location of any improvement now or hereafter erected on the land; (iii)a separation in ownership or a change in the dimensions or
<br /> area of the land or any parcel of which the land is or was a part; or(iv)environmental protection,or the effect of any violation of
<br /> these laws, ordinances or governmental regulations, except to the extent that a notice of the enforcement thereof or a notice of a
<br /> defect, lien or encumbrance resulting from a violation or alleged violation affecting the land has been recorded in the public records
<br /> at Date of Policy.
<br /> (b) Any governmental police power not excluded by(a)above,except to the extent that a notice of the exercise thereof or a notice of a
<br /> defect, lien or encumbrance resulting from a violation or alleged violation affecting the land has been recorded in the public records
<br /> at Date of Policy.
<br /> 2. Rights of eminent domain unless notice of the exercise thereof has been recorded in the public records at Date of Policy, but not
<br /> excluding from coverage any taking which has occurred prior to Date of Policy which would be binding on the rights of a purchaser for
<br /> value without knowledge.
<br /> 3. Defects,liens,encumbrances,adverse claims,or other matters:
<br /> (a) whether or not recorded in the public records at Date of Policy, but created, suffered, assumed or agreed to by the insured
<br /> claimant;
<br /> (b) not known to the Company, not recorded in the public records at Date of Policy, but known to the insured claimant and not
<br /> disclosed in writing to the Company by the insured claimant prior to the date the insured claimant became an insured under this
<br /> policy;
<br /> (c) resulting in no loss or damage to the insured claimant;
<br /> (d) attaching or created subsequent to Date of Policy;or
<br /> (e) resulting in loss or damage which would not have been sustained if the insured claimant had paid value for the insured mortgage or
<br /> for the estate or interest insured by this policy.
<br /> 4. Unenforceability of the lien of the insured mortgage because of the inability or failure of the insured at Date of Policy, or the inability or
<br /> failure of any subsequent owner of the indebtedness,to comply with the applicable doing business laws of the state in which the land is
<br /> situated.
<br /> 5. Invalidity or unenforceability of the lien of the insured mortgage,or claim thereof, which arises out of the transaction evidenced by the
<br /> insured mortgage and is based upon usury or any consumer credit protection or truth in lending law.
<br /> 6. Any claim, which arises out of the transaction vesting in the insured the estate or interest insured by this policy or the transaction
<br /> creating the interest of the insured lender, by reason of the operation of federal bankruptcy, state insolvency or similar creditors'rights
<br /> laws.
<br /> EXCEPTIONS FROM COVERAGE- SCHEDULE B, PART I
<br /> This policy does not insure against loss or damage (and the Company will not pay costs, attorneys' fees or expenses) which arise by
<br /> reason of:
<br /> 1. Taxes or assessments which are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on
<br /> real property or by the public records. Proceedings by a public agency which may result in taxes or assessments, or notices of such
<br /> proceedings,whether or not shown by the records of such agency or by the public records.
<br /> 2. Any facts, rights, interests or claims which are not shown by the public records but which could be ascertained by an inspection of the
<br /> land or which may be asserted by persons in possession thereof.
<br /> 3. Easements,liens or encumbrances,or claims thereof,not shown by the public records.
<br /> 4. Discrepancies, conflicts in boundary lines, shortage in area, encroachments, or any other facts which a correct survey would disclose,
<br /> and which are not shown by the public records.
<br /> 5. (a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (c) water rights,
<br /> claims or title to water,whether or not the matters excepted under(a),(b),or(c)are shown by the public records.
<br /> 6. Any lien or right to a lien for services,labor or material not shown by the public records.
<br /> Attachment One(06/03/11)
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