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<br />Texas owner's Policy T-1 (Rev. 1-1-93) Valid Only If Schedule A <br />Schedule B ' And Cover Page Are Attached <br /> <br />( CONT. ON SCR. B, PAGE 2) <br /> <br />10. This policy does not insure against loss sustained by the owner of the' <br /> <br />9. There is expressly excluded from coverage hereunder, and this Company does <br />not insure' ~itle ~o oil, gas and other minerals of every kind and <br />character, in, on and under the property herein described. <br /> <br />8. The terms, conditions and stipulations of that certain Mineral Lease dated <br />August 1, 1988, filed for record under HARRIS County Clerk's File No(s). <br />L854865. ' ' <br /> <br />7. Subject to any visible or apparent easement(s) over, under or across <br />subJect property. <br /> <br />2. Any discrepancies, conflicts ( or shortages in area or boundary lines, or <br />any encroachments or protrus10ns, or any overlapping of improvements. <br /> <br />3. Homestead or <,community property or survivorship rights, if any, of any <br />spouse of any 1nsured. <br /> <br />4. Any titles or rights asserted by anyone, including, but not limited to, <br />persons, the public, corporations, government or other entities <br />a. to ~idelands, or lancs comprising the shores or beds af navigable or <br />perennial rivers and streams lakes, bays, gulfs or oceans, or <br />b. ~o lands beyond the line of the harbor or Dulkhead lines as established <br />or changed DY any government or <br />c. to filled-in lanos, or artificial islands, or <br />d. to statutory water,rights, including riparian rig~ts, or , <br />e. to the area extend1n9 from the ,line of mean low e1de to the l1ne of <br />vegetation, or the r1ght of access to that area or easement along and <br />across that area. <br /> <br />5. Standby fee~l taxe~ and assessments by any taxing authority for the year <br />1998 and sUDsequent years, and subsequen~ taxes and assessments by any <br />~ng authority for prior years due eo change in land usage or ownership. <br /> <br />6. The following matters and all terms of the documents creatin9 or offering <br />evidence of ehe matters (We must insert matters or delete th1s exception.): <br /> <br />Rights of parties in possession, <br /> <br />''''', <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 _asements 1nsured, if any, shown <br />the follo~ing: matters: ' , ' <br />The fo;10win9 restrictive covenant~ of record itemized below (the Company <br />must e1the~ 1nsert specific record1ng data or delete this exception): <br />ITEM 1 OF SCHEDULE B IS HEREBY OELETED IN 'ITS ENTIRETY. <br /> <br />1. <br /> <br />Company will <br />of ~he terms <br />in Schedule A <br /> <br />not <br />and <br />and <br /> <br />o 511003 <br /> <br />DATE OF <br />POLICY <br />5/21/1998 <br /> <br />97 CS 361306-M (217)/mc <br />SCHEDULE B <br /> <br />POLICY NUMBER <br /> <br />CASE NUMBER <br /> <br />OWNER POLICY OF <br />TITLE INSURANCE <br /> <br />ALAMO TITLE INSURANCE <br /> <br />e <br /> <br />'\ <br />\ ,} <br />/r <br /> <br />e <br /> <br />'" <br />