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CLTA STANDARD COVERAGE POLICY - 1990 <br />POLICY OF TITLE INSURANCE ISSUED BY <br />MW OF SAN LEAN <br />JUL 1 51992 <br />S T E WA R T T I T E E rlrr CLERK'S OFFlr7- <br />GUARANTY COMPANY <br />SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE EXCEPTIONS FROM COVERAGE CONTAINED IN <br />SCHEDULE B AND THE CONDITIONS AND STIPULATIONS, STEWART TITLE GUARANTY COMPANY, a Texas <br />corporation, herein called the Company, insures, as of Date of Policy shown in Schedule A, against loss or damage, not <br />exceeding the Amount of Insurance stated in Schedule A, sustained or incurred by the insured by reason of: <br />1. Title 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 the title; <br />3. Unmarketability of the title; ENGINEERING <br />4. Lack of a right of access to and from the land; JUL 10 1992 <br />and in addition, as to an insured lender only: TRANSPORTATION <br />5. The invalidity or unenforceability of the lien of the insured mortgage upon the title; <br />6. The 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; <br />7. The invalidity or unenforceability of any assignment of the insured mortgage, provided the assignment is shown <br />in Schedule B, or the failure of the assignment shown in Schedule B to vest title to the insured mortgage in the <br />named insured assignee free and clear of all liens. <br />The Company will also pay the costs, attorneys' fees and expenses incurred in defense of the title or the lien of the <br />insured mortgage, as insured, but only to the extent provided in the Conditions and Stipulations. <br />Signed under seal for the Company, but this Policy is to be valid only when it bears an authorized countersignature. <br />I�/ /� � <br />/if�//��•i/J <br />STE**VART TITLE <br />GUARANTY COMPANY <br />`*.GU499 <br />Chairman of the Board <br />President <br />Countersign/9� �: /� �, � 3: G�RP�RAT '� � <br />l�(,(i � N'•, 1 9 0 8 o <br />Authorized Signatory =_ *'•., * • "`` <br />PLAOSA TITLE COMPANY <br />TfXASWill,"1420 1-111ftor Bay Parkwa <br />mpany <br />City, State <br />8ulta 1 10 y <br />A1armftla, C4 W09 <br />Page 1 of CNJP-1597- 6 9 8 4 <br />Policy 4 <br />Serial No. <br />151 (Rev. 1-19-91) <br />