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TI <br />TO 1012-1 F C FOUNDED IN 1893 <br />California Land Title Association <br />Standard Coverage Policy Form <br />Copyright 1963 <br />POLICY OF TITLE INSURANCE <br />ISSUED BY <br />Title Insurance and Trust Company <br />Title Insurance and Trust Company, a California corporation, herein called the Company, for a valuable <br />consideration paid for this policy, the number, the effective date, and amount of which are shown in <br />Schedule A, hereby insures the parties named as Insured in Schedule A, the heirs, devisees, personal <br />representatives of such Insured, or if a corporation, its successors by dissolution, merger or consolidation, <br />against loss or damage not exceeding the amount stated in Schedule A, together with costs, attorneys' <br />fees and expenses which the Company may become obligated to pay as provided in the Conditions and <br />Stipulations hereof, which the Insured shall sustain by reason of: <br />1. Any defect in or lien or encumbrance on the title to the estate or interest covered hereby in the <br />land described or referred to in Schedule C, existing at the date hereof, not shown or referred to <br />in Schedule B or excluded from coverage in Schedule B or in the Conditions and Stipulations; or <br />2. Unmarketability of such title; or <br />3. Any defect in the execution of any mortgage shown in Schedule B securing an indebtedness, the <br />owner of which is named as an Insured in Schedule A, but only insofar as such defect affects the <br />lien or charge of said mortgage upon the estate or interest referred to in this policy; or <br />4. Priority over said mortgage, at the date hereof, of any lien or encumbrance not shown or referred <br />to in Schedule B, or excluded from coverage in the Conditions and Stipulations, said mortgage <br />being shown in Schedule B in the order of its priority; <br />all subject, however, to the provisions of Schedules A, B and C and to the Conditions and Stipulations <br />hereto annexed. <br />In Witness Whereof, Title Insurance and Trust Company has caused its <br />corporate name and seal to be hereunto affixed by its duly authorized officers <br />on the date shown in Schedule A. <br />Title Insurance and Trust Company <br />by 15' . <br />PRESIDENT <br />Attest <br />GL ZL lef-xzo— <br />SECRETARY <br />63-7 <br />- y -J44-/ <br />