SU0004494 SSCRPT - Laserfiche WebLink

Home Browse Search

EXHIBIT A LIST OF PRINTED EXCEPTIONS AND EXCLUSIONS (By Policy Type) 1. CALIFORNIA LAND TITLE ASSOCIATION STANDARD COVERAGE POLICY- 1990 SCHEDULE B DCEPTIONS FROM COVERAGE This policy does not insure against lou or damage(and the Company will not pay costs,aumeys'lees Or expenses)which arise by reason of: 1. Taxes m assessments which are act shown as existing liens by the records of any Wing authority WI 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 notice 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 which may be asserted by persons in possession thereof. 3. Easements.liens a encumbanates,or claims thereof,which are not shown by the public records. 4. Discrepancies,Onficts in boundary lines,shortage in area,encroachments,or any ogler facts which a cared survey would disclose,and which am not shown by ore public records. 5. (a)Unpalented mining claims;(b)reservations a exceptions in pati or in Acts authorizing the issuance Mereol.(c)water rights,claims Or title to water,whether or not the mabers excepted under(a),(b).or(c) are shown by Me public retards. ERCWSIONS FROM COVERAGE The tollowing matlas are expressly excluded soon the coverage of this policy and the Company will not pay loss a damage,costs,attorneys'fees or expenses which arise by reason of: 1. (a) Any law,Ordinance or governmei regulation(including but not limited to building and zoning laws,Ordinances,a re9111211 s)restricting,regulating,prohibiting or refaling to(i)the occupancy,use,or enjoyment Of the land;(it)the claraclar,dimensions Or location of any improvement now a hereafter erected on the land;(iii)a separation in ownership a a change in the dimensions a area at the land or any parcel of which the lad is OF was a pad:or(iv)eusfrom ernial protection,or the effect of any violation of than laws.Ordinances or government regulations,except to the extent that a notice at the enforcement thereof or a notice of a detect,lien or encumbrance resulting Iran a violation or alleged violation affecting the land has been recorded in the public records at Dale of Policy. (b) Amy governmental police power hot excluded by(a)above,except to Me extent[hat a notice of the exercise thereof our a nice of a defect,lien a encumbrance resulting from a violation or alleged violation affecting the land has been recorded in the public records at Date of Policy. 2. Rights of eminent domain unless notice of the exercise Rareol has been recorded In the public records at Date of Policy,but ata excluding from coverage any taking which has occurred prior to Dale of Policy which y would be binding on the rights of a purchases for value without knowledge. 3, Defects, liens,encumbrances.adverse claims,or other matters: (a) whether in not recorded in the public records at Dale or Policy,but created,suffered,assumed or agreed to by the insured claimam: 0) not known Io the Company,not mwrded In the public records at Dale of Policy,but known to the irsumd claimant and not disclosed in writing to the Company by the insured claimant prior to the dale the insured -- claimant became an insured under this policy; (c) resulting in as loss our damape to the insured claimant: (d) attaching Or created subsequent la Date of Policy;a (e) resulting in loss or damage which would nor have been sustained If Me insured claimant had paid value for the insured mortgage Or for the estate or interest insured by this policy. 4. Unenforcelabilay,of the than or the insured mortgage because of the inability or ladum of the insured at Dale of Policy,or the inability or failure of pry subsequent Owner of the Indebtedness.to comply with the applicable 'doing business-laws of Me stale in which the land is situated. 5. Invalidity a unenforceability of We lien of the insured mortgage,or claim thereof,which arises out of Me Vansacrion evidenced by the insured mortgage and is based upon usury or any consumer credit protection Or truth in lending law. 6. Any claim,which arises cul of the transaction vesting in the insured the estate or interest insured by their policy or the transaction creating the interest of the Insured larger,by reason of the operation of tedaal banluupcy,state insolvency or similar creditors'rights laws. 2.AMERICAN LAND TITLE ASSOCIATION OWNER'S POLICY FORM B - 1970 SCHEDULE OF EXCLUSIONS FROM COVERAGE 1. Any law,ordinance or governmental regulation(including but not limited to building and zoning ordinances)restricting our regulating our prohibiting the occupancy,use a enjoyment of the land,or regulating the daraca, dimensions or location of any improvement now a hereafter erected an the land,or prohibiting a separalfon in ownership a a reduction in the dimensions of area at the lard,a the effect of any violation of any '— such law,ordinance ow Aovemmenlal 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 Dale of Policy. 3. Detects,liens.encumbrances.adverse claims,or other masers(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(mown to the insured claimant either at Dale of Policy a at the date such claimant acquired an estate or interest insured by this policy and not disclosed in writing by the insured claimant to the Company pior to the date such insured claimant became an insured hereager:(c)resulting in an loss or damage to Me insured claimant,(d)attaching or crealed subsequent to Cate of Policy;or(e)resulting in loss or damage which would Fiat have been sustained it Ire insured claimant had paid value for the estate or interest insured by this policy. 3.AMERICAN LAND TITLE ASSOCIATION OWNER'S POLICY FORM B-1970 WITH REGIONAL EXCEPTIONS When Me American land Title Association policy is used as a Standard Coverage Policy and not as an Falended Coverage Policy the exclusions set forth in paragraph 2 abuse are used and the fallowing exceptions M coverage appear in the policy. SCHEDULE B This policy does not insure against loss Or damage by mason of the matters shown in Parts one and in following: Pan One: »— 1. Taxes ce assessments which are Fiat shown as existing liens by the records of any Wing authority that levies Wes or assessments or real property or by the public records. 2. Any facts,rights,interests,or chins which are not shown by Me public records but which could be ascertained by an inspection at said land or by malting Inquiry of persons in possession thereat 3. Easements.clans of easement or encumbrances which are not shown by the public records. 4. Discrepancies,la ngicts in boundary lines.sho age in arell encroachments,Or any other facts which a correct Survey would disclose,and which are not shown by public records. 5. Unpatented mining claims:neservalions or exceptions in patents or in Acts authorizing the issuance[hereob water rights,claims a title to water. 6. Any lien,9 right to a lien,for services,labor of material herelotae Or hereafter furnished,imposed by law and not shown by the public records.