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Exhibit A CALIFORNIA LAND TITLE ASSOCIATION
<br /> STANDARD COVERAGE POLICY-1990
<br /> ' EXCLUSIONS FROM COVERAGE
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<br /> The following matters are expressly excluded from the coverage of this policy and the Company will not pay loss or damage, costs, attorneys'fees or
<br /> expenses which arise by reaon of:
<br /> 9. (a) Any law, ordinance or governmental regulation (including but not limited to building or zoning laws, ordinances, or regulations) restricting,
<br /> regulating,prohibiting or relating(i)the occupancy, use,or enjoyment of the land;6i)the character,dimensions,or location of any improvement now
<br /> or hereafter erected on the land;(iii)a separation in ownership or a change in the dimensionsor area of the land or any parcel of which the land is or
<br /> was a part; or(iv)environmental protection, or the effect of any violation of these laws,ordinances or governmental regulations, except to the extent
<br /> that a notice of the enforcement thereof or a notice of a defect, lien,or encumbrance resulting from a violation or alleged violation affecting the land
<br /> has been recorded in the public records 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 notice of a defect, lien or
<br /> encumbrance resulting from a violation or alleged violation affecting the land has been recorded in the public records 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 excluding from
<br /> coverage any taking which has occurred prior to Date of Policy which would be binding on the rights of a purchaser for 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 claimant;
<br /> (b)not known to the'Company, not recorded in the public records at Date of Policy,but knownto the insured claimant and not disclosed in writing to
<br /> the Company by the insured claimant prior to the date the insured claimant became an insured under this policy;
<br /> (c)resulting in no loss or damage to the insured claimant,-
<br /> (d)
<br /> laimant;(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 for the estate or
<br /> 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 failure of any
<br /> subsequent owner of the indebtedness,to comply with the applicable doing business laws of the state in which the land is 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 insured
<br /> 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 creating the interest of
<br /> the insured lender,by reason of the operation of federal bankruptcy,state insolvency or similar creditors'rights 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 reason oh
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<br /> 1. Taxes or assessments which are not shown as existing Gens by the records of any taxing authority that levies taxes or assessments on real property or by
<br /> the public records.
<br /> Proceedings by a public agency which may result in taxes or assessments,or notices of such proceedings,whether or not shown by the records of such
<br /> 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 land which may
<br /> be asserted by persons in possession thereof.
<br /> 3. Easements,liens or encumbrances,or claims thereof,which are 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, and which are
<br /> 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, claims or title to
<br /> water,whether or not the matters excepted under(a),(b)or(c)are shown by the public records.
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