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FT(.'129fZ002) Form T-2 {`)wner Palicy of Tifle Insura�ce 581 (Rev.414102)
<br />, If you.want information about coverage or need assistance to resolve complaints, please cal! our tali tree number 1-800-T29-1902. If you make a ctaizn under
<br />vour oaticv, vou must furnish written notice in accr�rdance with Sectaon 3 af the Cornlitions and StiuuJati�ns. Visit onr website at: httn:ffwww.stewart.com
<br />File Nt�. : Q4114074 �W��R P{}LICY UF TITLE INSURANCE
<br />ISStTED BY
<br />�T�VYART TI'T'�E
<br />GUARANTY C4MPA�1'Y
<br />SUBJECT TC} THE B�CLUSIflNS FRC}M CCIVERAGE, THE EXCEPTIONS FROM C4VERAGE CONTAINED
<br />IN SCHEDULE $ ANI3 THE C(7NDiTIC}NS A,ND STIPLTLATIQN�, STEWART TITI.E GUARANT� C{)MPANY, a
<br />Texas corgoratian, herein called the Company, insures, a.s af Date of Pc�licy shown in Schedule A, against loss ar damage,
<br />not exceeding the Amouz�t of �nsurance stated in Schedule A, sustazned or incurred by the insured by reasoz� of:
<br />1, Title to the estate or interest described in Schetiule A being vested ather than as stated therein;
<br />2. Any defect in �r lien or encumbrance on the title;
<br />3. Any statutory or canstitution.al mechanic's, contractox's , or materialrnan's 2ien fttr labor or material having its
<br />ineeptic�n on or before Date of Policy;
<br />4. Lack of a right of access to and from the land.
<br />5. Lack of gc�od and indefeasible title,
<br />The Campany also wiIl pay the costs, atte�meys' fees and expenses incurred in defense of the title, as insuzed, but only
<br />to the extent prQ 'ded in the Conditions and Stipulations.
<br />IN WI'C����� NHERE4F, Stewart Title Guaranty Campany has caused this palzcy to be signed and seated by its
<br />duly author'�� o icers as of the Date of Policy shown in Schedule A.
<br />TEWART TITLE
<br />�-c--
<br />1 w[�.+uw- � , "—�
<br />Chairman f the Boar�
<br />Co rsigned:
<br />�
<br />utharized Gountersig atur
<br />Company:
<br />Stewart Title - Floustan Division
<br />Ho�stan, Tezas
<br />GLJARAAITX Ct7MPANX '
<br />�� Presi ent
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<br />EXCLtJ�t}NS FRUM Ct)YERAGE
<br />T'he fal3awing matters are expressly �xcluded fram the coverage of this poiicy and the Company wiII not pay lass or �amage, casts,
<br />attorneys' fees or expenses which arise by reason of:
<br />l. {a} Any law, ordinance or governmental regulation {including but not limited to building and zoning laws, ordinances, ar regulazions)
<br />restricung, regulating, prahihiting or relating ta {i) the occupancy, use, or enjoyrnent of the tand; {ii) the character, dirnensions or location
<br />of any imgrovement now or hereafter erected on ttte land; {iii) a separation in ownership or a change in the dimensions or area of the tand or
<br />any parcel of which the land is or was a parr, or {iv} enviranmental protection, or the effect of any violation of these laws, ardinances ar
<br />governmental regulations, except to the extent that a natice of ehe enforcement thereof or a notice of a defect, lien or encurnbrance resulting
<br />from a violation or aiieged vaatation affecting the land has been recorded in the public records ae Date of Poiicy.
<br />(b} Any govemmental potice power nat exclnded by (a} above, except to the extent thac a notice of the exercise thereof or a notice af a
<br />defect, tien or encurnbrance resulting fram a vialatian or alleged violation affecting the land haa been recarded 'an the pulaiic recards at Date
<br />of Palicy.
<br />2. R'tghts of eminent damain unless notice of the exercise zhereof has been recorded in the pubtic records at Date af Policy, but noi
<br />excluding from coverage any taking ihat has occurr�c! pricrr to Date of Folicy which wou�d be binding an the rights of a purchaser for value
<br />withaut knowledge,
<br />3. 17efects, liens, encumbrances, adverse claims or other matters:
<br />{a} created, suffered, assumed or agreed ta by the insured ctaimant;
<br />{b} not known to the Company, not recordetE in the public records at Date of Policy, but knawn to the insured claimant and not disclosed in
<br />writing to the Company by the insured clairnant prior to the date ihe insured claimant became an insured under this palicy;
<br />(c) resulcing in no loss or damage to the insured alaimant;
<br />{d) attaching or created subsequent tc� T�ate of Policy;
<br />{e} resulting in lass or damage which would naE have been sustained if ttie insured claimant had paici value for ihe estate ar intetest insured
<br />by this pot3cy.
<br />4. The refusal pf any person to purehase, lease ar lend money an the estate or interest cavered herehy in the land dascribed in Schedule A
<br />because of unmarketability of the title.
<br />S. Any cla'sm, which arises out of the transactian vesting in the person named in paragraph 3 of Schedule A#he estate or intezest insured by
<br />this policy, by reast�n of the operation of fedenl bankruptcy, state insolvency, or ather state or federal creditors' rights taws, that is based
<br />an either (i) the transactaon creating the estate or interest Insured by this Palicy being deemed a fra�du3ent canveyance or fraudulent
<br />transfer ar a vaidable distri6ution or voidable dividend, (ii} the subordination ar recharacterization af the estate or interest insured by
<br />this Policy as a resul# of The application of the doctrine of equitable subordinatian, ar {iii} the transaction creating the estate or interest
<br />insured by this Palicy being deemed a preferentia� traasfer except where the preferential transfer results from the faiiure af the Company
<br />or its issuing agent to timely file fc�r record the instrument of transfer to the insured after delivery or the failure of such recordatian to
<br />impart notice to a purchaser for value or a judgment on lien cred'ztor.
<br />Serial Na. Q-5843-4b229
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