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1" 1 83 <br />Policy 75 <br />California Land Title Association <br />Standard Coverage Policy Form <br />193 Amended 12/6/85 POLICY OF TITLE INSURANCE <br />and 2/20/96 <br />ISSUED BY <br />C) elvno� <br />AND <br />LawyersTide Insurance Corporation <br />SUBJECT TO SCHEDULE B AND THE CONDITIONS AND STIPULATIONS HEREOF, LAND <br />TITLE INSURANCE COMPANY AND LAWYERS TITLE INSURANCE CORPORATION, Corpora- <br />tions of California and Virginia, respectively, herein called the Companies, insure the insured, as of the Date of <br />Policy, shown in Schedule A„against loss or damage, not exceedingthe amount of insurance stated in Schedule A, <br />and costs, attorneys' fees and expenses, which the Companies may become obligated to pay hereunder, sustained or <br />incurred by said insured by reason of: <br />1. 'ntle to the estate or interest described in Schedule A being vested other than as stated therein; <br />2. Any defect in or lien or encumbrance on such title; <br />3. Unmarketability of such title; or <br />4. Any lack of the ordinary right of an abutting owner for access to at least one physically open street or <br />highway if the land, in fact, abuts upon one or more such streets or highways; <br />and in addition, as to an insured lender only: <br />5. Invalidity of the lien of the insured mortgage upon said estate or interest except to the extent that such <br />invalidity, or claim thereof, arises out of the transaction evidenced by the insured mortgage and is based <br />upon <br />a. usury, or <br />b. any consumer credit protection or truth in lending law; <br />6. Priority of any lien or encumbrance over the lien of the insured mortgage; said mortgage being shown in <br />Schedule B in the order of its priority; or <br />7. Invalidity of any assignment of the insured mortgage, provided such assignment is shown in Schedule <br />B. <br />IN WITNESS WHEREOF, the Companies have caused this Policy to be signed and sealed, to become valid when <br />countersigned by an authorized signatory of the Companies, all in accordance with its By -Laws. <br />LawyersTi le Insurance Corporation <br />S ANC •. <br />S E A L c: President. <br />Attest ' Uj <br />� z <br />� 1925 <br />Secretary. <br />HMOND.�P•' <br />Counte ign d r the Co es: <br />By 1 Ova <br />Authorized Signature <br />J,�r� c!/l1du� _6wo� <br />Attest <br />Policy No. 75-00- 284 583 <br />President <br />Secretary <br />0614)-075-0000 LAN <br />