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<br />Form No. 1402.92 (10/17/92) <br />ALTA Standard Owner's Policy <br /> <br />Western Regional Exceptions <br /> <br />Order Number: NCS-252924-SM <br />Page Number: 4 <br /> <br />SCHEDULE B <br /> <br />EXCEPTIONS FROM COVERAGE <br /> <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 /> <br />PART ONE <br /> <br />SECTION ONE <br /> <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 /> <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 /> <br />3. Easements, claims of easement or encumbrances which are not shown by the public records. <br /> <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 /> <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 /> <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 /> <br />SECTION TWO <br /> <br />1. General and special taxes and assessments for the fiscal year 2006-2007. <br />First Installment: $268.27, PAID <br />Penalty: $0.00 <br />Second Installment: $268.27, PAYABLE <br />Penalty: $0.00 <br />Tax Rate Area: 09-091 <br />A. P. No.: 052-372-170-2 <br /> <br />2. 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 /> <br />3. The lien of bonds and assessment liens, if applicable, collected with the general and special <br />taxes. <br /> <br />4. A PUBLIC EASEMENT FOR NAVIGATION AND THE INCIDENTS OF NAVIGATION SUCH AS <br />BOATING, FISHING, SWIMMING, HUNTING AND OTHER RECREATIONAL USES ON OR OVER <br />REDWOOD CREEK ALSO KNOWN AS REDWOOD SLOUGH. <br />