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N <br />120hcli 4 8-53z�sy <br />POLICY OF TITLE INSURANCE <br />ISSUED BY <br />CALIFORNIA PACIFIC TITLE INSURANCE COMPANY <br />AND <br />TITLE INSURANCE AND TRUST COMPANY <br />CALIFORNIA PACIFIC TITLE INSURANCE COMPANY, a California corporation, and TITLE <br />INSURANCE AND TRUST COMPANY, a California corporation, together herein called the Company, <br />for a valuable consideration paid for this policy of title insurance, the number, date, and amount of which <br />are shown in Schedule A, do hereby insure the parties named as Insured in Schedule A, together with <br />the persons and corporations included in the definition of "the insured" as set forth in the stipulations <br />of this policy, against loss or damage not exceeding the amount stated in Schedule A which the In- <br />sured shall sustain by reason of: <br />1. Title to the land described in Schedule A being vested, at the date hereof, otherwise than as herein <br />stated; or <br />2. Unmarketability, at the date hereof, of the title to said land of any vestee named herein, unless such <br />unmarketability exists because of defects, liens, encumbrances, or other matters shown or referred <br />to in Schedule B; or <br />3. Any defect in, or lien or encumbrance on, said title, existing at the date hereof, not shown or <br />referred to in Schedule B; or <br />4. Any defect in the execution of any mortgage or deed of trust shown in Schedule B securing an <br />indebtedness, the owner of which is insured by this policy, but only insofar as such defect affects <br />the lien or charge of such mortgage or deed of trust upon said land; or <br />5. Priority, at the date hereof, over any such mortgage or deed of trust, of any lien or encumbrance <br />upon said land, except as shown in Schedule B, such mortgage or deed of trust being shown in the <br />order of its priority in Part Two of Schedule B. <br />All subject, however, to Schedules A and B and the Stipulations herein, all of which schedules and <br />stipulations are hereby made a part of this policy. <br />In Witness Whereof, the Companies have caused their corporate names and seals to be hereunto affixed <br />by their duly authorized officers on the date shown in Schedude A. <br />TITLE INSURANCE AND <br />TRUST COMPANY <br />By <br />President <br />And <br />Assistant Secretary <br />Form 402 ® CLTA Standard Coverage Policy Form Copyright 1950 <br />CALIFORNIA PACIFIC TITLE <br />INSURANCE COMPANY <br />By C� V <br />President <br />And <br />Assistant Secretary <br />Ai/Z 443/ <br />AAW 779F- AC75' <br />