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SCHEDULE OF EXCLUSIONS FROM COVERAGE OF THIS GUARANTEE
<br /> i Except tothe extent that specific assurances are provided NSchedule Aof this Guarantee, the Company assumes noliability for loss mdamage byreason ofthe
<br /> following:
<br /> (a) Defects,liens,encumbrances,adverse claims mother matters against the title,whether mnot shown by the public records.
<br /> (b) (1) Taxes or assessments of any taxing authority that levies taxes or assessments on real property; or, (D Pm000dinUy byupublic agency which may result in
<br /> taxes massessments,ornotices ofsuch proceedings,whether mnotUmmattemexdudoUunUo (1)ur(2)are shown hythe records ofthe taxing authority mUythe
<br /> public records.
<br /> (c) (1) Unpatented mining claims; (2) reservations or mmopUonu in patents or in Acts authorizing the ixouunoo thereof; (3) water rights, claims o/t0otu water,
<br /> whether ornot the matters excluded under(1). (2)ur(3)are shown bythe public records.
<br /> 2. Notwithstanding any opooKio auoumnoou which are provided in Schedule A of this Guarantee, the Company uxuumou no liability for |oox o/ damage by reason of
<br /> the following:
<br /> (a) Defects, liens, encumbrances, adverse claims mother matters affecting the title to any property beyond the lines ofthe land expressly described inthe description
<br /> set forth inSchedule KV.(C)or|nPart 2of this Guarantee,ortitle to streets,roads,avenues,lanes,ways or waterways to which such land abuts,or the right to main-
<br /> tain therein vaults,tunnels,ramps or any structure or improvements;or any rights or easements therein,unless such property,rights or easements are expressly and
<br /> specifically set forth insaid description.
<br /> (h) Defects, |ionx, anoumbmnono, udvomo claims orother matters, whether ornot shown by the public records; (1) which are created, :uffemU, uooumoU or agreed
<br /> to byone ormore of the Assureds; (2)which result in no loss to the Assured;or(3)which do not result in the invalidity or potential invalidity ofany judicial u/non-
<br /> judicial pmnoodin0whiohixwdhinth0000poandporpouoof the assurances provided.
<br /> (c) The identity ofany party shown orreferred to inSchedule A.
<br /> (d) The validity,legal effect or priority of any matter shown or referred to in this Guarantee.
<br /> GUARANTEE CONDITIONS AND STIPULATIONS
<br /> 1. Definition ofTerms. 4. Company's Option NoDefend orProsecute may bonecessary nrdesirable 0oestablish the title to
<br /> The following terms when used in the Guarantee Actions;Duty ofAssured Claimant to the estate orinterest uostated herein,urtoestablish the
<br /> mounCooperate. �
<br /> |i*nri0� ��oAuoumd.K�oComponyio0r�udiood
<br /> � by the failure of the Assured 0o furnish the required(��* �moumd^:�apu�/orp�tieonamoduo Even�»uQUthe Company has»»Uu�!»U�»nU 000pomUon.thoCnmpany'ooh|iguUono0o�oAoxumd
<br /> �oAxxumdin �|oGuumn�o. ornnooupp|amo�� «'Pm»««N�o»»�Y»��inp»mgmph3»b�*: under the Guarantee shall terminate.
<br /> writing executed Uythe Company. (a) The Company shall have the right, atits sole
<br /> (b) "land": the land described orreferred toin Option and cost,toinstitute and prosecute any action or 5. Proof ofLoss oyDamage.
<br /> Schedule(A)(C)orinPart 2.and improvements affixed 0m««»dinQ. interpose adefense,oolimited i»(b)'»'to |naddition toand after the notices required under
<br /> thereto which bylaw constitute real property.The term dmany other act which inits opinion may b*necessary Section 2of these Conditions and Stipulations have
<br /> ^|und^does not include any property beyond the lines of mdesirable toestablish the title tothe estate»rinterest been provided tothe Company,uproof ofloss o/dam-
<br /> the area described orreferred to in Schedule UQ(C)or as stated A»min. or to establish the lien rights of the age signed and sworn to by the Assured ohuU befur-
<br /> in purt2.norunyhght.tit|e.intemst.eotateor*uooment Assured,»'1»prevent»/reduce loss«rdamage 1»the nioAodU>�*CnmVuny��hinnin���O)duym��r�m
<br /> iouUu�ng��No. mudo. mmnuoo. �|oyo. lanes,ways A»»umd.The Company may take any uV0mpria�»�i»» A«oumd«huUaaoo��n�o��ugivinghooto�o|oon
<br /> or waterways. under�o�nno�this Gumam�o.wh��ar»/n��ohuU or damage.Thopm��|o»oordmnugoxhmUd000h�m
<br /> be|iub|o komundo� and ohuU not concede|i� �
<br /> (o) ^mor�uge^� mo�Wugo. Uood � �u�. !m� �om��moovomdUyNinGuumn�owUiohoon���o
<br /> deed,orNNor000u��ino�umo�. bi|hY »rw�«* any Pm«i»i»n � this Guumn�». Kthe �obu«io�|o«»arUumug*ondoM�|��o �n�mo�o�
<br /> Compunyshall cmemioohuhg�ounder this pumgmph '
<br /> @> "public moo�x^� moo�o o��NioAod under ' puox|U|o �ebasis�uu|ou|uUog�oumou���oloss
<br /> � hoh�|duoodi|igonUy '
<br /> ��a ��n�n � Dm� � Guamm�o0ortkopu�oon � ordamage. Kthe Company ioprejudiced bythe failure
<br /> imparting constructive notice ofmatters relating Voreal (b)Kthe Company elects t»exercise its options uo of the Assured toprovide the required proof ofloss or
<br /> property topurchasers for value and without knowledge. stated in Paragraph 4(u) the Company »huU have the damage, the Company's obligation to such Assured
<br /> hg��so|o�counsel�i�choice(uuW«���«hQ� under �ko Guum�oo oUaU �/min��� |o addition, the
<br /> (o)^d�o^�1ho���ivod��� '
<br /> ofsuch Assured 0aobject for reasonable cause)torep- Assured may reasonably borequired 1nsubmit tmomyn
<br /> 2. Notice of Claim tobe Given hKAssured resent the Assured and shall not U*liable for and will not inaUon under oath by any authorized representative of
<br /> C|aimant pay the fees ofany other counsel,nor will the Company the Company and shall produce for examination,
<br /> pay any fees,costs orexpenses incurred byunAssured inspection
<br /> —and copying, at—such reasonable
<br /> ~times
<br /> and
<br /> AnAssured shall notify the Company promptly in |nthe defense of those causes ofaction which allege places uomay bodesignated hyany authorized mpm'
<br /> wr@nginouuoknmw|od&oxhaUoomotounAo»umd matters not covered hythis Guarantee. oontativ* of the Company, uU records, books, ledgers,of any o|u|m of title or interest which is (o)Whenever the Company shall have brought an checks, correspondence and m---d` whether
<br /> adverse to the title to the estate or interest, as stated
<br /> action orinterposed adefense aupermitted bythe pro-
<br /> � bouhn—gud�nbo�mm�erD�a�Guum�~—a~'wwhichhomin. mdwhich �g� cause km» o/ damage �r v�inns��ioGuum�o .�oCompunym�pumuoany muonnu—' portaintotho |000nrdumago— —or, if
<br /> which the Company may holiable byvirtue of this litigation tofinal determination Uyacourt of competent mqoo~~^ �yunya��ohzoUmpm»e'~~`` of the K prompt notice oA�| n� be given to �o
<br /> jurisdiction and expressly reserves the right, in its xo|o Company, the Assured uhuU grant its pannioxinn inCompuny then all liability of the Company »ka||tormi' di»umdon.�appeal fmmonadvomojudQmo�nrn�oc writing, for any u�kohzoU mpm»on�Um of the Com-
<br /> nate with mgu� to �u m��rorm��m �rwhioh
<br /> pmm�noUooiomquimd�'provided, (d) |n �|cases whomthis 8uamNmnpurmKN
<br /> o�ho Vanymmmino. ino0o�undxo0/u|lmxo�o. bnnh .
<br /> ' ComVunytopmxoo�oorpmvidofor�od�onoo�any |odgom xhooko correspondence and memoranda in
<br /> to notify the Company shall in no ouuo prejudice the ' '
<br /> UU�o�unyAouumd under this Guarantee unless the action or proceeding, an Assured ohu|l secure to the �oou�udyoruo�n|ofu�i�puM�which mu000uh�
<br /> Compuny ohu!| ho prejudiced 0y the failure unU tkon Company the hQ�to oo proprosecutea*u� or provide for�o pertain 0o the loss or damage. AU information dooig'
<br /> on|y��om����opm4udioa� U�onoo � any uc�ono/ pmxooding. and uUappeals na�du000�idanU� Uy �oAmxumdpmvidodto �*
<br /> tkomin, and permit the Company to use, at its opUon. Company pursuant iothis Section shall not Uodisclosed
<br /> 3. @oDuty hmDefend nrProsecute. the name ofsuch Assured for this purpose. Whenever Nothers unless, inthe reasonable judgment of the
<br /> requested by the Company, on Aooumd, at the Company, it is nooneomry in the administration of the
<br /> The Company shall have noduty todefend o/prosecute Company's expense,shall give the Company all reason- claim. Failure of the Assured tosubmit for examination
<br /> any action orproceeding towhich the Assured iou able aid inany action o/proceeding,securing evidence, under oath, produce other reasonably requested
<br /> Pa'0\ »Nwitkstm»Ui»A the nature of any al|«OuU»n in bti ioQ wtn*onao, prosecuting or defending he
<br /> � o/ grant permission to secure reasonablyouohuoUonorpm000ding. . ° 0^ono/|�fu|m�wUioAin�oop|nion�th*Compuny �0000my information from third parties as required
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