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EXCEPTIONS FROM COVERAGE <br /> This policy does not insure against loss or damage(and the Company will not pay costs,attorneys'fess or expenses)which arise by reason of: 1 <br /> i <br /> i. Taxes or assessments which are not shown as existing liens by the records of any taxing authority that levies taxes or assessments <br /> 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 not shown <br /> 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 inspection of <br /> the.land or 6y making inquiry of persons in possession thereof. <br /> I Easements, liens or encumbrances,or claims thereof,which are not shown by the public records. <br /> a. Discrepancies, conflicts in boundary lines, shortage in area, encroachments, or any other facts which .a correct survey would <br /> disclose,and which are not shown by the public records. <br /> S. (a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (c)water rights, <br /> claims or title to water,whether or not the matters excepted under(a), (b)or(c) are shown by the public records. <br /> i <br /> i <br /> . I <br /> i <br /> y <br /> I <br /> i <br /> } <br />