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<br />ALAMO TITLE INSURANCE
<br />
<br />OWNER POLICY OF
<br />TITLE INSURANCE
<br />
<br />CASE NUMBER
<br />
<br />POL'ICY NUMBER
<br />
<br />DATE,OF
<br />POLICY
<br />2/ 5/1999
<br />
<br />()
<br />
<br />53109~
<br />
<br />98 CS 375106-M (217)/mc
<br />SCHEDULE B
<br />
<br />1.
<br />
<br />This policy does not insure against loss or damage (and the
<br />pay costs, attorney's fees or expenses) that arise by reason
<br />conditions of the leases or easements 1nsured, if any, shown
<br />the following matters:
<br />The following restrictive covenants of record itemized below (the 'Company.
<br />must ~ither 1nsert specific recording data or delete this exception):' :
<br />ITEM 1 OF SCHEDULE B IS HEREBY DELETED IN ITS ENTIRETY.
<br />
<br />Company will
<br />of 'the terms
<br />in,Schedule A
<br />
<br />2. Any:discrepancies, conflictsl or shortages in area or boundary l,ines, or
<br />any encroachments or protrus ons, or any overlapping of improvements.
<br />
<br />3., Home'stead or community property or survivorship rights, if any, of any
<br />spouse of any insured.
<br />
<br />4. ~y titles or rights asserted by anyone, including, but not l~ited'tb, . ,
<br />persons the public, corporations, government or other entitiesl
<br />a. to tid~land~, or lanQs comprising the shores or beds of nav gable. or :
<br />perenn1al r1vers and streams lakes, bays, gulfs or oceans, or' .' .'
<br />b. 'to lands beyond the line of the harbor or bulkhead lines as established
<br />or changed by any government, or
<br />c. to filled-in lanas, or artif1cial islands, or
<br />'d. to statutory water rights, including riparian rights, or '.
<br />, .' e. to the area extending from the line of mean low tide to the line of
<br />vegetation, or the r1ght of access to that area or easement along and
<br />across that area.' , . ."
<br />
<br />standby fees, taxes and assessments by any taxing authority for the year.
<br />1999 and sUDsequent years, and subsequent taxes and assessments by any '.
<br />~ng authority for prior years due ~o change in land usage or ownership.'
<br />, ,
<br />The following matters and all terms of the documents creating or'offering ,
<br />eviden~e of the matters (We must insert matters or delete this exception.):
<br />Rights of parties in possession.
<br />
<br />6'
<br />.
<br />
<br />, Subject to any visible or apparent easement(s) over, under 'or across,
<br />'subJect property.
<br />
<br />Any and all unrecorded leases and/or rental agreements, with rights of
<br />tenants in possession.
<br />
<br />9,.
<br />
<br />The terms, conditions and stipulations of the La Porte Area Water
<br />Authority created by Ordinance No. 1295, a copy of which has been filed for
<br />record under HARRIS County Clerk's File No(s)~ L826773.
<br />
<br />, ,There is expressly excluded from coverage hereunder, and this Company 'does
<br />,not insure 'title 'to oil, gas and other minerals of every kind and
<br />
<br />( CONT. ON SCH. B, PAGE 2)
<br />
<br />Texas OWner's Policy T-l (Rev. 1-1-93) Valid Only If Schedule A
<br />Schedule B And Cover Page,Are Attached
<br />
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