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CLTA STANDARD COVERAGE <br />.POLICY FURM —1960 <br />PO 'Y OF TI rmi., INSUR CE <br />This Policy Issued Direct from the Office of <br />GUAJILIDIAN TITLE COMPANY <br />A f f iliated with <br />Policy N° 12 794 <br />F M <br />i <br />NORTHERN COUNTIES TITLE INSURANCE COMPANY, a California corporation, herein called <br />the Company, for a valuable consideration paid for this policy of title insurance, the number, date, and <br />amount of which are shown in Schedule A, hereby insures the parties named as Insured in Schedule A, <br />the heirs, devisees, personal representatives of such Insured, or, if a corporation, its successors by disso- <br />lution, merger or consolidation, against direct loss or damage not exceeding the amount stated in Sched- <br />tile A, together with costs, attorneys' fees and expenses which the Company may be obligated to pay as <br />provided in the Conditions and Stipulations hereof, which the Insured shall sustain by reason of: <br />I. 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 A. existing at the date hereof, not shown or referred to in Schedule 13 <br />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 or deed of trust shown in Schedule B securing an indebted- <br />ness, the owner of which is named as an Insured in this policy, but only insofar as such defect affects the <br />lien or charge of such mortgage or deed of trust upon the estate or interest covered hereby; or <br />4. Priority, at the date hereof, over any such mortgage or deed of trust. of any encumbrance upon such estate <br />or interest, except as shown in Schedule B. such mortgage or deed of trust being there shown in the order <br />of its priority. <br />All subject, however, to the Conditions and Stipulations hereto annexed, which Conditions and Stipula- <br />tions, together with Schedules A and B, are hereby made a part of this policy. <br />In fitness Whereof, Northern Counties Title Insurance Company has caused its corporate name and <br />•eal to be hereunto affixed by its duly authorized officers. <br />—lES TITLE INSURANCE COMPANY <br />By <br />r44�*�� <br />And President <br />Secretary <br />