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Order Number: NCS -1153254 -SC
<br />Page Number: 11
<br />CLTA/ALTA HOMEOWNER'S POLICY OF TITLE INSURANCE (02-03-10)
<br />EXCLUSIONS
<br />In addition to the Exceptions in Schedule B, You are not insured against loss, costs, attorneys' fees, and expenses resulting from:
<br />1. Governmental police power, and the existence or violation of those portions of any law or government regulation concerning:
<br />(a) building; (d) improvements on the Land;
<br />(b) zoning; (e) land division; and
<br />(c) land use; (f) environmental protection.
<br />This Exclusion does not limit the coverage described in Covered Risk 8.a., 14, 15, 16, 18, 19, 20, 23 or 27.
<br />2. The failure of Your existing structures, or any part of them, to be constructed in accordance with applicable building codes. This
<br />Exclusion does not limit the coverage described in Covered Risk 14 or 15.
<br />3. The right to take the Land by condemning it. This Exclusion does not limit the coverage described in Covered Risk 17,
<br />4. Risks:
<br />(a) that are created, allowed, or agreed to by You, whether or not they are recorded in the Public Records;
<br />(b) that are Known to You at the Policy Date, but not to Us, unless they are recorded in the Public Records at the Policy Date;
<br />(c) that result in no loss to You; or
<br />(d) that first occur after the Policy Date - this does not limit the coverage described in Covered Risk 7, 8.e., 25, 26, 27 or 28.
<br />5. Failure to pay value for Your Title.
<br />6. Lack of a right:
<br />(a) to any land outside the area specifically described and referred to in paragraph 3 of Schedule A; and
<br />(b) in streets, alleys, or waterways that touch the Land.
<br />This Exclusion does not limit the coverage described in Covered Risk 11 or 21.
<br />7. The transfer of the Title to You is invalid as a preferential transfer or as a fraudulent transfer or conveyance under federal
<br />bankruptcy, state insolvency, or similar creditors' rights laws.
<br />LIMITATIONS ON COVERED RISKS
<br />Your insurance for the following Covered Risks is limited on the Owner's Coverage Statement as follows: For Covered Risk 16, 18, 19,
<br />and 21 Your Deductible Amount and Our Maximum Dollar Limit of Liability shown in Schedule A,
<br />Your Deductible Amount Our Maximum Dollar
<br />Limit of Liabillty
<br />Covered Risk 16: 1% of Policy Amount or $2,500.00 (whichever is less) $10,000.00
<br />Covered Risk 18: 1% of Policy Amount or $5,000.00 (whichever is less) $25,000.00
<br />Covered Risk 19: 1% of Policy Amount or $5,000.00 (whichever is less) $25,000.00
<br />Covered Risk 21: 1% of Policy Amount or $2,500.00 (whichever is less) $5,000.00
<br />ALTA RESIDENTIAL TITLE INSURANCE POLICY (6-1-87)
<br />EXCLUSIONS
<br />In addition to the Exceptions in Schedule B, you are not insured against loss, costs, attorneys' fees, and expenses resulting from:
<br />Governmental police power, and the existence or violation of any law or government regulation. This includes building and
<br />zoning ordinances and also laws and regulations concerning:
<br />(a) and use
<br />(b) improvements on the land
<br />(c) and division
<br />(d) environmental protection
<br />This exclusion does not apply to violations or the enforcement of these matters which appear in the public records at Policy Date.
<br />This exclusion does not limit the zoning coverage described in Items 12 and 13 of Covered Title Risks.
<br />The right to take the land by condemning it, unless:
<br />(a) a notice of exercising the right appears in the public records on the Policy Date
<br />(b) the taking happened prior to the Policy Date and is binding on you if you bought the land without knowing of the taking
<br />Title Risks:
<br />(a) that are created, allowed, or agreed to by you
<br />First American Title Insurance Company
<br />ATTY/AGR/2024.193.1 — AFFORDABLE HOUSING LAND DONATION AGREEMENT- EXHIBIT A-2- PRELIMINARY TITLE REPORT
<br />REV: 10-22-24 VR
<br />Page 11 of 14
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