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1012 4-2-01 3-61 <br />California Land Title Association <br />Standard Coverage Policy Form <br />Copyright 1961 <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 INSURANCE <br />AND TRUST COMPANY, a California corporation, together herein called the Company, for a valuable considera- <br />tion paid for this policy, the number, the effective date, and amount of which are shown in Schedule A, hereby insure <br />the parties named as Insured in Schedule A, the heirs, devissees, personal representatives of such Insured, or if a cor- <br />poration, its successors by dissolution, merger or consolidation, against loss or damage not exceeding the amount <br />stated in Schedule A, together with costs, attorneys' fees and expenses which the Company may become obligated <br />to pay as provided in the Conditions and Stipulations hereof, which the Insured shall sustain by reason of: <br />1. Any defect in or lien or encumbrance on the title to the estate or interest covered hereby in the land <br />described or referred to in Schedule C, existing at the date hereof, not shown or referred to in Schedule <br />B or excluded from coverage in Schedule B or in the Conditions and Stipulations; or <br />2. Unmarketability of such title; or <br />3. Any defect in the execution of any mortgage shown in Schedule B stcuring an indebtedness, the owner of <br />which is named as an Insured in Schedule A, but only insofar as such defect affects the lien or charge of <br />said mortgage upon the estate or interest referred to in this policy; or <br />4. Priority over said mortgage, at the date hereof, of any lien or encumbrance not shown or referred to in <br />Schedule B, or excluded from coverage in the Conditions and Stipulations, said mortgage being shown in <br />Schedule B in the order of its priority; <br />all subject, however, to the Conditions and Stipulations hereto annexed, which Conditions and Stipulations, to- <br />gether with Schedules A, B and C, 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 by their duly <br />authorized officers on the date shown in Schedule A. <br />TITLE INSURANCE AND CALIFORNIA PACIFIC TITLE <br />TRUST COMPANY INSURANCE COMPANY <br />by <br />PRESIDENT % p s s i ' °' " j PRESIDENT <br />1959 <br />www�A F 1S e66 <br />rwwww <br />Attest <br />Assistant Secretary for the Companies <br />