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Order Number: NCS-851639-CC <br />Page Number: 1 <br /> <br />First American Title Insurance Company <br /> <br /> <br /> First American Title Insurance Company <br />National Commercial Services <br />1850 Mt. Diablo Blvd., Suite 300 <br />Walnut Creek, CA 94596 <br /> <br /> Katie Bowman <br />Community Development Department City of San Leandro <br />835 East 14th Street <br />San Leandro, CA 94501 <br /> Phone: (510)577-3327 <br /> <br /> Customer Reference: Bal Theater <br /> <br /> Escrow Officer: Tina Hendrix <br />Phone: (925)927-2138 <br />Email: thendrix@firstam.com <br /> Property: 14808 East 14th Street, San Leandro, CA <br />PRELIMINARY REPORT <br />In response to the above referenced application for a policy of title insurance, this company hereby reports that it is prepared to issue, or cause to be issued, as of the date hereof, a Policy or Policies of Title Insurance describing the land and the estate or interest therein hereinafter set forth, insuring against loss which may be sustained by reason of any defect, lien or encumbrance not shown or referred to as an Exception below or not excluded from coverage pursuant to the printed Schedules, Conditions and Stipulations of said Policy forms. <br /> <br />The printed Exceptions and Exclusions from the coverage and Limitations on Covered Risks of said policy or policies are set forth in Exhibit A attached. The policy to be issued may contain an arbitration clause. When the Amount of Insurance is less than that set forth in the arbitration clause, all arbitrable matters shall be arbitrated at the option of either the Company or the Insured as the exclusive remedy of the parties. Limitations on Covered Risks applicable to the CLTA and ALTA Homeowner’s Policies of Title Insurance which establish a Deductible Amount and a Maximum Dollar Limit of Liability for certain coverages are also set forth in Exhibit A. Copies of the policy forms should be read. They are available from the office which issued this report. <br /> <br />Please read the exceptions shown or referred to below and the exceptions and exclusions set forth in Exhibit A of this report carefully. The exceptions and exclusions are meant to provide you with notice of matters which are not covered under the terms of the title insurance policy and should be carefully considered. <br /> <br />It is important to note that this preliminary report is not a written representation as to the condition of title and may not list all liens, defects, and encumbrances affecting title to the land. <br />This report (and any supplements or amendments hereto) is issued solely for the purpose of facilitating the issuance of a policy of title insurance and no liability is assumed hereby. If it is desired that liability be assumed prior to the issuance of a policy of title insurance, a Binder or Commitment should be requested. <br />216