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EXHIBIT A
<br />(CONTINUED)
<br />AMERICAN LAND TITLE ASSOCIATION LOAN POLICY (10-17-92)
<br />WITH A.L.T.A. ENDORSEMENT -FORM 1 COVERAGE AND
<br />AMERICAN LAND TITLE ASSOCIATION LEASEHOLD LOAN POLICY (10-17-92)
<br />WITH A.L.T.A. ENDORSEMENT -FORM 1 COVERAGE
<br />EXCLUSIONS FROM COVERAGE
<br />Ih. Inllnwlnll mnitm..x e.Prn.dy nxck,dmd I,— ftm cnvnf all• of it.. policy mx1 th. Cninp.,,y —11 nor
<br />pity Inca or dnm.gn, coal., .ttnnvey.' lnen o, vr,erves ax which ar,. by reason ol:
<br />1. Ina Any law, ddin. ory—wromentni regulaton (including but not limited to budding and zoning laws,
<br />ordinamm, or regulation) restricting, regulating, prohibiting or totaling to Ig the oc.—paroy, use, or
<br />enjoyment of the land; IN) the character, dimanslona or location of any improvement now or hwaaftwr
<br />erected on the Innd; (in) a soonation in ownwahip or a change in the dimensions or woe of the land or
<br />any parcel of which the land is or wan a part; or Irv) environmental Protection, or the nffart of any
<br />—Action of Lhasa laws, ordinancos or govornmanlN tegulatlOn. onrep to the extent that a notmn of
<br />th. em nforreant thereof Or a notma of a defect, lion or Rnnumixance resulting from a violation or dinged
<br />violation affecting tlxiland has been recorded in the public rermde at Onto of Policy.
<br />Ito! Any governmeer,tal police power not o-hided by fee above, .."pr to the extent that a nobro of lion
<br />.—mot. in. not or e notice ol . defect, lion or a imbranco rsmdting from a violation m alleged
<br />violation affecting the larva has been rocordod in the public ,rmordo at Data of Pnitry.
<br />2. Rights of eminent domain unless notice of this wx.rolae Ihoront has been recorddd in the prtblin rnaords
<br />at Onto of Policy, but not oxchudinq from rovwege any looking which has ormirrad prim to Dal. of Policy
<br />which would be binding on the rights of a purchaser for value without knowlydlea.
<br />3, Doler:to, lions, onnumbiwic„, adverse damn, or other mettaas:
<br />dal mast
<br />ed, au .. fforml, mimed oragreed to by the insured
<br />mem:
<br />(lit not known to the Company. not racaded in the pudic tncords at Onto of Policy, bid known to the
<br />insured clamant and not disclosed in writing to the Company by the infected clamant prim in the date
<br />the inmxed claimant beram. on insured under this policy;
<br />Ito) resulting in no Iona m damngn to the insured clamant;
<br />Id) attaching or rradod xub witiont to Dorn of Policy (except to the axtanl that tiv. policy intense the
<br />ptlmlty at thn lion of 11 1 inmand mmtgsgo over any statutory Ilan fm .nr Vines, labor or material or to
<br />the extent inferno is .dforded hereon ice to aesenoments for street improvamenrs undar construction
<br />or completed at Date of Policy); air
<br />(o) ramdling in lose or damage which would not have been Ruatannd if the aeaurod clamant had paid
<br />Inn Ihn u , n.I , rw hl eiln.
<br />a. unmdnr lolly rJ Ihn 1, . of it. man d mmlgay. b,.:m,n. nI taw. lnnbllny or Ink— M 11--eel .0
<br />D.Io Of POhcy. Of Ihn Ir1RMI,tY or imboe of any lubnonfunnt owner of the,rdnbtadnnts, In comply %ft,
<br />applicable rdmnq b,IRrnnRR laws of the xtatn In which the land in sirunted.
<br />5. Invalidity or nrvenfmrnabdiry of the lien of the insured mortgago, Or dam ttrvnof, wtvrh mean rare at
<br />the transaction evidenced by the Insun.d mortgage and is based upon usury at any ronmtmer world
<br />protection or truth in lending law.
<br />6. Any maturmy lion for aerv¢ax, lahm no, materials Ica the ream of primity of any stnlnlmy icon Inn
<br />aerylneln, labor or malannla over the Jinn of the loaned mortgage) arimntl from an improvomanl or work
<br />feialmd to Ihe land which is ronlractod fm arid rommarw:od m,bsngnnnt to Data of Policy .nd is rf,l
<br />hn.nrod in whole Or m part by proceed. of the ind.btMnen. erravwA by it. a.,.,rd mmfg Ml. whir:,
<br />.1 Dd. at P.Ircy rho inanrmf hen wdvMMml Or In ohlrgnla ndyarr'..
<br />1. Any clam, which meson mot of the transaction orpmmg rive inlwesl of the mmtpopen inaawl by IN.
<br />policy, by roman of Ihn npn mion of federal bankruptcy, plat. inaalvency, or s,m,lnr rrsditora' nglna
<br />Iacocca, that in based on:
<br />(it the framear:hon rvaem,q the interest of the sn-rod mnrtgxgwe bring date—d a rrn,dularot rx,nvoyanrn
<br />or frmidulonl hnnafri; m
<br />(it) the a,bordinannn nl the Interest of the insured mmtgagae as . e.,If of this .pphcatiaro of Ihn
<br />doctnno of oreutablw nubmdinanon; Or
<br />(iii) lion trnnacoon mnatiny the interest of the inmand mortgogem being doomed a pr.lnantial bnnsfar
<br />except whine the prwferon6al trarlater restdts from the faib,r•.
<br />(n) In hmrly rn d the inan imont of transfer; ,
<br />Ili) at such rnrnr.lntiou ro ,,,pelt rintire to a pr,Oha%ri In valna Or n aidllnmant air Jinn nrmlilm.
<br />AMERICAN LAND TITLE ASSOCIATION OWNER'S POLICY (10-17-92) AND
<br />AMERICAN LAND TITLE ASSOCIATION LEASEHOLD OWNER'S POLICY (10-17-92)
<br />EXCLUSIONS FROM COVERAGE
<br />The following canners are expfnsaly excluded from the coverage of the policy end the Company wog not
<br />pay Insx or damage, costs, fetornyi teas or expenses which arise by reason of:
<br />1. (a) Any law, ordinanr,. Or governmental regulation (including but not limited to Molding and romrg Iowa,
<br />ordinances, m regularions) restricting, regulating, prohibiting m feinting to (it the acm1parx:v, use, m
<br />enjoyment of the load; (it) the character, demarcations or location of any improvement now or Ivreatler
<br />er.rlad on the land; (in) a separation in ownership or a charge in the dimension or men of I'm lend or
<br />my parcel of which the land is or was s part; or (tvl environmental protection, or the .final of any
<br />violation of these laws, ordinarr,.s or governments! r.gulations, except to the extent that a notion of
<br />the enforcement thereof of a notice of a defect, lien m antumbrance resulting fnnm a violation m dlogod
<br />virimion affecting the lard has been recmdad in the pudic records at Date of Policy.
<br />(be Any ii—ornmental Police power not excluded by (a) above, except to the extent that . nllten of the
<br />ntforcl.. thereof or a Ootlrs of a deface, lion or enntmbrence rnstulting tram a violation m alleged
<br />violation affneting the land has been recorded in the public records at Data of Policy.
<br />2. fights of comirrent domain unions notice of the exerdas thereof has been rocordad in the pe dic ref -mats
<br />m Dole of Poetry, Mt not excluding from corer age tiny taking which has one rred from to D tin of Policy
<br />which would be binding on the rights of a Purchaser Im value without knowledge.
<br />3. Dofarls, liarn, ern umbrotwoo. adverse dams, or other mmurs:
<br />(of meatod, s olfMad. o-s rn.d or agreed la by the inmrod dsmont;
<br />Id not know , to Ihn Company, not recorded in the pudic ro nmd. al Darn of Policy, dt known to Ihn
<br />inmtrnd clamu,l and cat disclosed in writing to few Company by the tnsnrerd clamant Prim to the data
<br />the inm,rad dmmoom trr:ame sit insured under thin policy:
<br />Ina tnmdtirg in rat lose or damage to the inaaod claimant;
<br />(d) mtacl.,RI o, r. mitil terheeq,a..I to Data of Policy, no
<br />(e) resulting in loss Or damage which would foe have been somamnd if the --find clmmtint had pad
<br />value for the edma Or interest inured by this policy.
<br />Any clam, which minas at of the transaction waling in the inmsad the estate or interest insiond by
<br />this policy, by ,onsnn of the operation of federal bankruptcy, %tine insolvwncy, of similar creditors,
<br />right. law., that is based on:
<br />lit the trannar:lion rreatag the onfsto of intmost insured by this Doliry bainq doomed a frmadulnnt
<br />ronvoyanrs m hmrdulanl transfer; or
<br />(ii) the Iratinw,imn creating the estate or internat insured by llvs policy bang doamod a pr.lorential
<br />transfer except when the inferential Irenfor remelts from five faih,a:
<br />la) to timely owned the matnrmonf of nmtsfw; or
<br />(b) 4 mmh,m:mrlstion to impart nolira to a pttohsner for valuer m e r,dgement at Jinn matitm.
<br />TI . above ALTA policy forme may be iRmead to afford either Standard Covnrsteo or Fxtnmind Covernge. In addition to tat
<br />above Exclusions from Covwage, the Exceptions from Coveregein a St.,ndard Covorage prdiry will also include the folloveng
<br />General Exceptions:
<br />EXCEPTIONS FROM COVERAGE
<br />Thin policy does rot insure egartee lose at damage land Ind Compwey wall not pay mete, attorneys' fees or expenoeal wl.rh mine by remenu of:
<br />1. Texes or assessments which we not shown = existing ions by the facade of any tarring authority that 3. Eanements, liens m anraumbronces, or daime thereof, which we roe shown by the public records.
<br />levies taxes or sesenm rate on real property or by the pubic records. Proceedings by a pubic agency 4. Dimv pandas. conflicts on boundwy Ines, shortsge in fees. encrosch mores. m soy Mfrs feels which
<br />which may rawult in taxes or sasesements, or nohcen of such proceedings, whalher at not shown by a cmr.ct survey —old di -does, and who sea not shown by the pudic records.
<br />the records of such .gamy or by the pubic records. 5. let llnpatontml mining dam.; (be reservslion r or exceptiorn in pai or in Am. wtlhmiA g If.
<br />2. Any facts, rights, interest. or dame which we rot shown by the pudic records bat which could be imxcrom :., tMnenl; Ica water tighin, dtimo m title to water, whether or not the matter. nmapind undo
<br />sacwtaned by ere inspection of the lend or by making inquiry of persons in possession thereof. W. lb) or (rl we shown by the public, r—ordre.
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