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Form No. 1402.92 (10/17/92) <br />ALTA Standard Owner's Policy <br />Western Regional Exceptions <br />SCHEDULE B <br />EXCEPTIONS FROM COVERAGE <br />Order Number: 160323ALA <br />Page Number: 4 <br />This policy does not insure against loss or damage (and the Company will not pay costs, attorneys' fees <br />or expenses) which arise by reason of: <br />PART ONE <br />SECTION ONE <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 />2. Any facts, rights, interests, or claims which are not shown by the public records but which could <br />be ascertained by an inspection of said land or by making inquiry of persons in possession <br />thereof. <br />3. Easements, claims of easement or encumbrances 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 public records. <br />5. Unpatented mining claims; reservations or exceptions in patents or in Acts authorizing the <br />issuance thereof; water rights, claims or title to water. <br />6. Any lien, or right to a lien, for services, labor or material heretofore or hereafter furnished, <br />imposed by law and not shown by the public records. <br />SECTION TWO <br />1. General and special taxes and assessments for the fiscal year 2001-2002. <br />First Installment: <br />Penalty: <br />Second Installment: <br />Penalty: <br />Tax Rate Area: <br />A. P. No.: <br />$6,643.77, Paid <br />$0.00 <br />$6,643.77, Unpaid <br />$674.37 <br />10-075 <br />075-0093-001-02 <br />The lien of supplemental taxes, if any, assessed pursuant to Chapter 3.5 commencing with <br />Section 75 of the California Revenue and Taxation Code. <br />3. An assessment in the original amount of $27,600.00, as disclosed by notice of assessment <br />recorded May 24, 1990 as Series No. 90-144077 of Official Records. <br />No.: 99 <br />Issued: May 24, 1990 <br />For: Marina Boulevard Underground Assessment <br />All amounts are paid through county taxes. <br />First American Tit/e <br />