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Exhibit I
<br /> CALIFORNIA LAND TITLE ASSOCIATION STANDARD COVERAGE POLICY- 1990 (11/09/18)
<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,
<br /> costs, attorneys'fees, or expenses which arise by reason of:
<br /> 1. (a) Any law, ordinance, or governmental regulation (including but not limited to building or zoning laws, ordinances,or
<br /> regulations)restricting, regulating, prohibiting, or relating to
<br /> (i) the occupancy, use, or enjoyment of the land;
<br /> (ii) the character, dimensions, or location of any improvement now or hereafter erected on the land;
<br /> (iii) a separation in ownership or a change in the dimensions or area of the land or any parcel of which the land
<br /> is or was a part; or
<br /> (iv) environmental protection; or the effect of any violation of these laws, ordinances, or governmental
<br /> regulations, except to the extent that a notice of the enforcement thereof or a notice of a defect, lien, or
<br /> encumbrance resulting from a violation or alleged violation affecting the land has been recorded in the
<br /> 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
<br /> thereof or 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 /> 2. Rights of eminent domain unless notice of the exercise thereof has been recorded in the public records at Date of Policy,
<br /> but not excluding from coverage any taking which has occurred prior to Date of Policy which would be binding on the
<br /> 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
<br /> insured claimant;
<br /> (b) not known to the Company, not recorded in the public records at Date of Policy, but known to the insured claimant
<br /> and not disclosed in writing to the Company by the insured claimant prior to the date the insured claimant became
<br /> an insured under this 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
<br /> insured mortgage or 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
<br /> the inability or failure of any subsequent owner of the indebtedness,to comply with the applicable doing-business laws of
<br /> 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
<br /> evidenced by the 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 of interest insured by this policy or the
<br /> transaction creating the interest of the insured lender, by reason of the operation of federal bankruptcy, state insolvency
<br /> or similar creditors'rights laws.
<br /> EXCEPTIONS FROM COVERAGE
<br /> 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
<br /> arise by 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
<br /> assessments on real property or by the public records.
<br /> Proceedings by a public agency which may result in taxes or assessments, or notices of such proceedings, whether or
<br /> 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
<br /> inspection of the 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
<br /> would disclose, 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)
<br /> water rights, claims or title to water,whether or not the matters excepted under(a), (b)or(c)are shown by the public
<br /> records.
<br /> 6. Any lien or right to a lien for services, labor or material unless such lien is shown by the public records at Date of Policy.
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