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CLTASTANDARDCOVERAGE POLICY -1988 A-PN' �5-' PSi (3^5— ' <br />POLICY OF TITLE INSURANCE ISSUED BY <br />STEWART 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 />STENVART TITLE <br />GUARANTY C(/M PAti I' <br />Chairman of the Board A,.:''••� ' 9gti_ President <br />Countersigned by: / . c: �pRvog4T <br />I�'• 19 0 8 ?o <br />Authorized Signatory PLACER TITLE COWANY <br />Company 1420 HARBOR BAY PARKWAY, SUITE 110 <br />AIAMEDA, CA 94501 <br />City, State <br />Page l°f rNJP'1581-73092 <br />Policy <br />Serial No. v } <br />151 (Rev. 7-1-88) <br />