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EXHIBIT A
<br />AMERICAN LAND TITLE ASSOCIATION
<br />RESIDENTIAL TITLE INSURANCE POLICY (6-1-87) EXCLUSIONS
<br />In addition to the Exceptions in Snhadnu ar lre R. you not insured wine loss, costs, irtor nnysfoes, and
<br />..pans., rasdnng from:
<br />1. Govenmwntd pofir.ra power, and the ommanre or violation of any law or government —pilaoon. This
<br />inclnda, binding and zoning ordmitnean and also Iowa and fwqulatons condernng:
<br />a land 1,.a
<br />• anprovnmenls on Ile land
<br />• lend division
<br />• .wnonmenlal protection
<br />Thi. exclusion down not apply to violation. or the nnfacam.nt of throe matters which rippo , in the
<br />public rarotd. at policy dale.
<br />Than excluson does nor limit the ronng rovmaga dencisbed in Items 12 and 13 of Covered Tide Risks,
<br />2. 1.he ,oh, to take the land by condemning it, mnloes:
<br />• .cane.. of nxerrdsinq to right oppnma in the peblic r"ords on the Polity Date
<br />s the,okinq happened prim to the Policy Dote and is binding on you it you bought the lard without
<br />knowledge of the taking
<br />.I. TaI. Risks:
<br />• Chat ar. neared, allowed. or upoed to by inn
<br />• that :rn knnwn to yin/, but not In ,a. the Policy Dew nran.a Choy app.mpd it al,. P.N.,
<br />,orord.
<br />• film -It III I., Ina. In ymr
<br />• Ihnt fast ellera yma Win mint its Policy Mote Or. doom not limit tho Inbor And malonal Ie.+
<br />coverage In Item R of Covered Title Risks
<br />I.
<br />Fnlgra to pay value for ymtr till..
<br />5 1 ark nit . nghc
<br />e m any land r.nsdn it. ..a specifically desenbed and r.Iorrad In in Item 3 of Scltednln A
<br />a
<br />s III ,Ilmni,, nllnys, nr watewmy, that Coach your imel
<br />its. ax+kr dew net lend th..tees. cove aq. in lino 5 of Cuvm.d fill. Ilmk,.
<br />SCHEDULE B
<br />EXCEPTIONS
<br />In addition to the Exriusnna, you we not insured against loss, costs, attorneys' fees, and the expenses .3. Any (nits ebma Iha lmvf which o cnonf s rvey would disclose and which we not shown by ter p.
<br />reaultinq from: • •cords. it*. does not limit the fared removal coverage in item 12 of Covered Title Risks.
<br />1. Any rights, interests, or, Nelms of pasties in possession of the land not shown by Cho publir records. d. Any worry rights or clam. or till. to water in or under the lard, wholha m not shown by the pnhlin
<br />2. Any armaments or loon not shown by the public records. This does not limit the lien cov.r.ge in Item 'accords.
<br />8 of Covered Title Rinks.
<br />CALIFORNIA LAND TITLE ASSOCIATION STANDARD COVERAGE POLICY - 1990
<br />EXCLUSIONS FROM COVERAGE
<br />The followinq matter mo oxproawy excluded from the coverage of this policy and the Company will not
<br />pay lose or damage, cost., attorneys' fees or expene" which miss by reason of:
<br />1 . (a) Any low, ordinance a governmental regulation lincluding but not limited to building and zoning laws,
<br />ordinances, or regulations) reslneting, regulating, prohibiting or refining (i) the occupancy, use, or
<br />enjoyment of the Iwnd; (al the rhwmtw, dimensions or location of any improvement now m hereafter
<br />ersrlod on the lend; liii) a separation in ownership or s change in the dimensions or was of the lend a
<br />any pmral of which the Imd is or was a part; or (iv) environmental protection, or the affect of any
<br />violation of Dose Iowa, ordinances m governmantal retpamionw, oxmpt to the aslant film a notice of
<br />Cho onforromont thereof or a notice of a dsloet, lion or snaumberos resulting from a violation or akaged
<br />violation effecting the land has been rncon od in the plblin records at Onto of Tolley.
<br />IN Any govmnmantal po6re power nob excluded by lab above, except to the extent that It notice of the
<br />oxerdae thereof or e notice of a del". , lion or oncumbiwice resulting from a violation or allogad
<br />violation affectinq the land has been recorded in the public records at Date of Policy.
<br />2. Flights of eminent dommn unions, notice of that exorcise thersol has been recorded in the public records
<br />at Data of Polley, bill not excluding from coverage why taking which has ocmmrd pia to Date of Policy
<br />which would be binding on the right. of a purcharre for value vvithoan knowledge.
<br />3. Dialects. liars, nnmrmbrnne.ee, adverse claims, or other matters:
<br />lab whether or not nnoaded in the public record* m Data of Policy, but rremad, suffered, aranmed or,
<br />spread to by the ins aed claimant;
<br />(b) not known to the Company, not record-d in the public records at Date of Policy, but known to th.
<br />sit trod dsimant and not disclosed in writing to the Company by the insured ridmmi prim to the date
<br />the insured claimant became an inured under this policy;
<br />Ir) rsnlltinq an on loan or damage to the insured claimant;
<br />(d) atta:hinq or .Hewed subarpuwnt to Dote of Pokey; or
<br />lei Iax ing an Iha a damage which wadd not have boon sustained of Its in, -ad clement had pod
<br />volts for Ile ewxn,l mmlpaga a la the amate a inmost insured by thin pok..y.
<br />d, Ilr+anlmram+dltV of the Zinn of the inxrrel mortgage bacaroe of the inability m failure of IM insisted at
<br />Unto of Pokey, or ne mebilly a Iwle•s .cif any subsaquant owner of Ile indablodnea., to comply with
<br />the applicable doing buwnaas laws of the state in which the lard is situated.
<br />5. Invalidity IN lxenlmeaabllity of the Ilan of the IM1Aad mortgage, a claim Ihernof, which misso, sit of
<br />the Iranas:Ilnn ovidarxad by the insured mortgage aid is based upon ustry or any cormima credit
<br />prnternon or both in Iardirp law.
<br />6. Any Hem, which miwon art of the trersartion vowing in the intoned the estate of interestt insxad by
<br />Chi* policy or the transaction mewing the interest of the matzo d lander, by reason of the operation nil
<br />federal broAmpley, .two irsolv.rx:y or similar aoditors' fight. Ise..
<br />SCHEDULE B, PART 1
<br />EXCEPTIONS FROM COVERAGE
<br />T hie policy if... not incur. ogwnmt lows a damage land the Company ~11 not pay cost,, anmnays' fee m .xparroasl which mine by rrnson of:
<br />PART 1
<br />1. Taxes a mrsessmonts which we nor shown as existing liero by ite records of any taxing authority thin 3. Easements, Fars or ocieumbrences, IN claims thred, which No not shown by tho Public ,.rods.
<br />lovism tares or weer mwe on real property or by the pudic records. ProreediNtr by a Public egancy A. Dis n,paxcem. conflict- in bourdwy, Fees, shortage in man, onr.onrhmnnin, m any other farts whirl,
<br />which may result in taxes or sssewmwnle, a notices of such proceedings, whotha or not shown by a correct toxvey world disclose, and which me not shown by lle p.,blic record..
<br />the record@ of such agency or by the public records. 5. (a) Unpatnntod Craning claims; (b) reservations or exceptions in patonts or in Arts onhairnnq Ihn
<br />2. Any facts, rights, intareste of dsitns which as not shown by the pubic records but which rmld be issuance thereof; (c) water rights, dwms or title to water, wh+tha or not it. matters e.cepted urde
<br />au:ertwrvd by an inspection of the IwW or which may be maned by parsons in possession thereof. (a), lb), or IN we shown by the ptrflkc records.
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