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Order No.: SL-300746 <br />Policy CNJP-1581-7,3471 <br />SCHEDULE B <br />This policy does not insure against loss or damage (and the company will not pay costs, attorneys' <br />fees or expenses which arise by reason of: <br />PART 1 <br />1. Taxes or assessments which are not shown as existing liens by the records of any taxing <br />authority that levies taxes or assessments on real property or by the public records. <br />Proceedings by a public agency which may result in taxes or assessments, or notices of such <br />proceedings, whether or not shown by the records of such agency or by the public records. <br />2. Any facts, rights, interests or claims which are not shown by the public records but which <br />could be ascertained by an inspection of the land or by making inquiry of persons in possession <br />thereof. <br />3. Easements, liens or encumbrances, or claims thereof, which are not shown by the public records. <br />4. Discrepancies, conflicts in boundary lines, shortage in area, encroachments, or any other facts <br />which a correct survey would disclose, and which are not shown by the public records. <br />5. (a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing <br />the issuance thereof; (c) water rights, claims or title to water, whether or not the matters <br />excepted under (a), (b), or (c) are shown by the public records. <br />SCHEDULE B <br />PART II <br />1. 1990-91 taxes a lien, not yet due or payable. <br />2. 1989-90 Taxes: <br />Code Area: 10-003; A.P.N.: 075-0105-020; <br />Land: $25,618.00 <br />Improvements: $59,049.00 <br />Personal Prop: none <br />Exemption: none <br />1ST INSTALLMENT: $471.15 PAID <br />2ND INSTALLMENT: $471.15 UNPAID <br />Tracer No.: 172364-00; Tax Rate: 1.0368 <br />(Affects a portion of the property.) <br />3. 1989-90 Taxes: <br />Code Area: 10-003; A.P.N.: 075-0105-021; <br />Land: $30,485.00 <br />Improvements: $13,578.00 <br />Personal Prop: none <br />Exemption: none <br />1ST INSTALLMENT: $244.65 PAID <br />2ND INSTALLMENT: $244.65 UNPAID <br />Tracer No.: 172365-00; Tax Rate: 1.0368 <br />(Affects a portion of the property.) <br />CLTA Standard Coverage - 1988 <br />Page 4 <br />STEWART TITLE <br />GUARANTY COMPANY <br />