117 San Jacinto/lots 1-9, block 199, property known as the Triangle

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FlIrm T-2 Loan Policy of Title Insurance 582 (Rev. 5/1/08) If you want information about coverage or need assistance to resolve complaints, please call our toll free number 1-800-729-1902. If you make a claim under your policy, you must furnish written notice in accordance with Section 3 of the Conditions and Stipulations. Visit our website at: http://www.stewart.com LOAN POLICY OF TITLE INSURANCE (T-2) ISSUED BY STEWART TITLE GUARANTY COMPANY COVERED RISKS (continued) 12. The invalidity or unenforceability of any assignment of the Insured Mortgage, provided the assignment is shown in Schedule A to vest title to the Insured Mortgage in the named Insured assignee free and clear of all liens. 13. The invalidity, unenforceability, lack of priority or avoidance of the lien of the Insured Mortgage: (a) resulting from the avoidance in whole or in part, or from a court order providing an alternative remedy, of any transfer of all or any part of the title to or any interest in the Land occurring prior to the transaction creating the lien of the Insured Mortgage because that prior transfer constituted a fraudulent or preferential transfer under federal bankruptcy, state insolvency or similar creditors' rights laws; or (b) because the Insured Mortgage constitutes a preferential transfer under federal bankruptcy, state insolvency or similar creditors' rights laws by reason of the failure of its recording in the Public Records: (i) to be timely, or (ii) to impart notice of its existence to a purchaser for value or a judgment or lien creditor. 14. Any defect in or lien or encumbrance on the Title or other matter included in Covered Risks I through 13 that has been created or attached or has been filed or recorded in the Public Records subsequent to Date of Policy and prior to the recording of the Insured Mortgage in the Public Records. The Company will also pay the costs, attorneys' fees and expenses incurred in defense of any matter insured against by this Policy, but only to the extent provided in the Conditions. IN WITNESS WHEREOF, Stewart Title Guaranty Company has caused this policy to be signed and sealed by its duly authorized officers as of the Date of Policy shown in Schedule A. President ",-,~ ~~1~.t~~.,~, ~ ... ... ....11: "- ~... ~otlPD".f \~ !:~ -*-~. ';.~ 1 9 0 8 /.~ "\. ...... ... ... .......i:fx.;:\ ..." """""""'fI/Illr,. STEWART TITLE GUARANTY COMPANY ~~a- Houston, Texas Page -2- Serial No. M-5952-10735