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gr- TICOR TITLE <br /> --� INSURANCE Policy of Title Insurance <br /> SUBJECT TO SCHEDULE B AND THE CONDITIONS AND STIPULATIONS HEREOF, TICOR TITLE INSURANCE <br /> COMPANY OF CALIFORNIA, a California corporation, herein called the Company, insures the insured, as of Date of Policy <br /> shown in Schedule A, against loss or damage, not exceeding the amount of insurance stated in Schedule A, and costs, <br /> attorneys' fees and expenses which the Company may become obligated to pay hereunder, sustained or incurred by said <br /> .. insured by reason of: <br /> 1. Title to the estate or interest described in Schedule A being vested other than as stated therein, <br /> r" 2. Any defect in or lien or encumbrance on such title. <br /> 3. Unmarketability of such title, or <br /> 4. Any lack of the ordinary right of an abutting owner for access to at least one physically open street or highway if the land, in <br /> fact,abuts upon one or more such streets or highways, <br /> and in addition, as to an insured lender only, <br /> 5. Invalidity of the lien of the insured mortgage upon said estate or interest except to the extent that such invalidity,or claim <br /> thereof, arises out of the transaction evidenced by the insured mortgage and is based upon <br /> a. usury,or <br /> ` b.any consumer credit protection or truth in lending law, <br /> 6. Priority of any lien or encumbrance over the lien of the insured mortgage,said mortgage being shown in Schedule B in the <br /> 6. order of its priority, or <br /> 7. Invalidity of any assignment of the insured mortgage, provided such assignment is shown in Schedule B. <br /> b. This policy shall not be valid or binding until countersigned below by a validating signatory of the Company. <br /> TICOR TITLE INSURANCE COMPANY OF CALIFORNIA <br /> BY �\14 Q President <br /> Attest 4r4r� Secretary <br /> Countersigned <br /> v <br /> By-- <br />