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CLTA STANDARD COVERAGE POLICY - 198 ' <br />2t* D ' <br />POLICY OF TITLE INSURANCE ISSUED BY <br />S T EWAUT TITLE <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 INSURANCE 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; <br />4. Lack of a right of access to and from the land; <br />and in addition, as to an insured lender only: <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 />11111'111'TITLE <br />� GUARANTY C'1)M 1'A9\' <br />Chairman of the Board `% 4�' <br />y President <br />Countersigned by:.� / Lp%PO#4l';Z�` <br />19 8Fo'o <br />Authorized Signa y .. ' * ' PLACER TITLE f�lIPANY <br />Company 1420 HARBOR BAY PARKWAY, SUITE 110 <br />ALAMEDA, CA 94501 <br />City, State <br />Page l�f <br />PoliCNJP-1581.73471 <br />cy <br />Serial No. <br />151 (Rev. 7-1-88) <br />