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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 />S. 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 it 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 insoIlvency, 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 Liability <br />Covered Risk 16: 19/6 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 />1. 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 />2. 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 />3. 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- EXHIBITA-2- PRELIMINARY TITLE REPORT <br />REV: 10-22-24 VR <br />Page 11 of 14 <br />