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l Printed Policy Exceptions and Exclusions (Continued) CALIFORNIA LAND TITLE ASSOCIATION STANDARD COVERAGE POLICY--1973 (Amended 12-6-8S and 2-20-86) SCHEDULE B PART I This policy does not insure against loss or damage,nor against costs,attorneys"fees or expenses,any or all of which arise by reason of the following: 1. Taxes or assessments which are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the public records. 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 agency or by the public records. 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 or by making inquiry of persons in possession thereof. 3. Easements, liens or encumbrances, or claims thereof, which are not shown by the public records. 4. Discrepancies, conflicts in boundary lines, shortage in area, encroachments, or any other facts which a correct survey would disclose, and which are not shown by the public records. 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 water, whether or not the matters excepted under(a), (b), or (c) are shown by the public records. 6. Any right,title,interest,estate or easement inland beyond the lines of the area specifically described or referred to in Schedule C, or in abutting streets,roads,avenues,alleys,lanes,ways or waterways,but nothing in this paragraph shall modify"or limit the extent to which the ordinary right of an abutting owner for access to a physically open street or highway is insured by this policy. 7: 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 change in the dimensions or area of i the land or any parcel of which the land is or was a part,whether or not shown by the public records at Date of Policy,or the effect of any violation of any such law,ordinance or governmental regulation, whether or not shown by the public records at Date of Policy. 8. Rights of eminent domain or governmental rights of police power unless notice of the exercise of such rights appears in the public records. { 9. Defects,liens,encumbrances,adverse claims,or other matters(a)whether or not shown by the public records at Date of Policy,but created, caused, suffered, assumed or agreed to by the insured claimant; (b) not shown by the public records and not otherwise excluded from coverage 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 I prior to the date such insured clairriant became an insured hereunder; (c)resulting in no loss or damage to the insured claimant;(d) attaching or created subsequent to Date of Policy; or (e) resulting in loss or damage which would not have been sustained if the insured claimant had been"a purchaser or encumbrancer for value without knowledge. 10. Any facts,rights,interest or claims which are not shown by the public records but which could be ascertained by making inquiry of the lessors in the lease or leases described or referred to in Schedule A. 11. The effect of any failure to comply v :th the terms, covenants and conditions of the lease or leases described or referred to in Schedule A: - AMERICAN LAND TITLE ASSOCIATION OWNER'S POLICY FORM B-1970 (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 loca- tion of any improvement now or hereafter erected on the land,or prohibiting a separation in ownership or a reduction in the dimensions of 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 by this policy and not disclosed in writing by the insured claimant to the Company prior to the date such insured claimant became an insured hereunder; (c) resulting in no loss or damage to the insured claimant; (d) attaching or created subsequence Date of Policy;(e) resulting in loss or damage which would not have(,n sustained if the ibstared claimant had paid// le for the estate or interest insured by this policy, Prin�innl nff;r.o" sgnn MfNehiro P—lotiarrl P n Rnv 077Q') i nc annalac r'alifnrnia onnno