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Qel' TICOR TITLE INSURANCE Printed Policy Exceptions and Exclusions AMERICAN LAND TITLE ASSOCIATION RESIDENTIAL TITLE INSURANCE POLICY-1979 EXCLUSIONS In addition to the Exceptions in Schedule B, you are not 3 Title Risks: insured against loss,costs, attorneys' fees and expenses result- ■ that are created,allowed or agreed to by you ing from: 3 that are known to you, but not to us, on the Policy Date- 1 Governmental police power, and the existence or violation unless they appeared in the public records of any law or government regulation. This includes building ir that result in no loss to you and zoning ordinances and also laws and regulations con- R that first affect your title after the Policy Date—this does cerning: not limit the labor and material lien coverage in Item 8 of land use Covered Title Risks improvements on the land 4 Failure to pay value for your title. land division 5 Lack of a right: environmental protection This exclusion does not limit the zoning coverage described to any land outside the area specifically described and in Items 12 and 13 of Covered Title Risks. referred to in Item 3 of Schedule A, or in streets, alleys or waterways that touch your land tice of taking appears in the public records on the Policy ti The right to take the land by condemning unless a no This exclusion does not limit the access coverage in Item 5 Date. of Covered Title Risks. SCHEDULE B—STANDARD EXCEPTIONS (A) Any rights, interests or claims of parties in possession of the land not shown by the public records. (B) Any easements or liens not shown by the public records. This does not limit the lien coverage in Item 8 of the Covered Title Risks. (C) Any facts about the land which a correct survey would disclose and which are not shown by the public records. This does not limit the forced removal coverage in Item 12 of Covered Title Risks. (D) Any water rights,claims or title to water on or under the land. AMERICAN LAND TITLE ASSOCIATION LOAN POLICY-1970 WITH ALTA ENDORSEMENT FORM 1 COVERAGE (AMENDED 10-17-70) SCHEDULE OF EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of this policy: 1. Any law,ordinance or governmental regulation (including but not limited to building and zoning ordinances) restricting or regulating or prohibiting the occupancy, use or enjoyment of the land, or regulating the character, dimensions or location of any improvement now or hereafter erected on the land, or prohibiting a separation in ownership or a reduction in the dimensions or area of the land, or the effect of any violation of any such law,ordinance or governmental regulation. 2. Rights of eminent domain or governmental rights of police power unless notice of the exercise of such rights appears in the public records at Date of Policy. 3. Defects, liens, encumbrances, adverse claims, or other matters (a) created, suffered, assumed or agreed to by the insured claimant; (b) not known to the Company and not shown by the public records but known to the insured claimant either at Date of Policy or at the date such claimant acquired an estate or interest insured by this policy or acquired the insured mortgage and not disclosed in writing by the insured claimant to the Company prior to the date such insured claingant became an insured hereunder; (c) resulting in no loss or damage to the insured claimant; (d)attaching or created subsequent to Date of Policy (except to the extent insurance is afforded herein as to any statutory lien for labor or material or to the extent insurance is afforded herein as to assessments for street improvements under construction or completed at Date of Policy). n. Unenforceability of the lien of the insured mortgage because of failure of the insured at Date of Policy or of any subsequent owner of the indebtedness to comply with applicable "doing business" laws of the state in which the land is situated. (Exceptions and Exclusions Continued on Reverse Side)