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POLICY OF TITLE INSURANCE <br />ISSUED BY <br />First American Title Insurance Company <br />FIRST AMERICAN TITLE INSURANCE COMPANY, a California corporation, herein tatted the Company, .for a <br />valuable consideration paid for this policy, the number, the effective date, and amount of which are shown in Schedule - <br />A, hereby insures the parties named as Insured in Schedule A, the heirs, devisees, {personal representatives of such Insured, <br />or if a corporation, its successors by dissolution, merger or consolidation, against loss or damage not exceeding the amount <br />stated in Schedule A, together with costs, attorney's fees and expenses which the Company may become obligated to <br />pay as provided in the Conditions and 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 <br />covered hereby in the land described or referred to in Schedule C, existing <br />at the date hereof, not shown or referred to in Schedule B or excluded from <br />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 <br />an indebtedness, the owner of which is named as Insured in Schedule A, but <br />only insofar as such defect affects the lien or charge of said mortgage upon <br />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 <br />not shown or referred to in Schedule B, or excluded from coverage in Schedule <br />B or in the Conditions and Stipulations, said mortgage being shown in Schedule <br />B in the order of its priority. <br />all subject, however, to the Conditions and Stipulations hereto annexed, which <br />Conditions and Stipulations, together with Schedules A, B, and C are hereby made <br />a part of this policy. <br />In Witness Whereof, First American Title Insurance Company has caused its corporate name and seal to be hereunto <br />affixed by its duly authorized officers, on the date shown in Schedule A. <br />First American Title Insurance Company <br />BY'`'PRESIDENT <br />ATTEST SECRETARY <br />