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<br />First Ameritfdrt .i~~_~~~~urance Company
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<br />89531 0
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<br />OWNER POLICY OF TITLE INSURANCE
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<br />FIRST AMERICAN TITLE INSURANCE COMPANY OF TEXAS, a Texas corporation, hereinafter
<br />called the Company, for value does hereby guarantee to the Insured (as herein defined) that as of
<br />the date hereof. the Insured has good and indefeasible title to the estate or interest in the land des-
<br />cribed or referred to in this policy.
<br />
<br />The Company shall not be liable in a greater amount t~le actual monetary loss of the
<br />Insured, and in no event shall the Company be liable for more than the amount shown in Sched-
<br />ule A hereof, and shall, except as hereinafter stated. at its own cost defend the Insured in every
<br />action or proceeding on any claim against, or right to the estate or interest in the land. or any
<br />part thereof, adverse to the title to' the estate or interest in the land as hereby guaranteed. but th,e
<br />Company shall not be required to defend against any claims based upon matters in any manner
<br />excepte~ under this policy .)l-th~.x:~ptions in Schedu~B!>~of-Q~ cxcl~dcd by Paragraph 2,
<br />"Exclusions from Coverage;:1'~thls Pohcy... of the Conthhons and S-t-IPtilatlons hereof. The par-
<br />ty or parties entitled2~s~~rtse sh~U within ~~~son~l~r~~~1~~1~G.ommencement of
<br />h 0 /nv-d .., .~~~,.~b I \ ,,/A~f 9 /;"'J~\~~~\~~~.~k~~~~' 0
<br />suc action or.....procc;.~v,ll)'8j.f!- . ......I~am.p- e tnre 10t:Jfn1l u'el;ense,3tJ~rf~,~,:"gl:Ke*J,(t:,,~.:->~I~~Y. wntten no-
<br />, f th /' ~-P' ,.r. f~t'h"''''''' i'~~L .:\ d' d Ir"'t'I~~' ~'\)t ~"'~fi"'~'~- ~C~~ h II
<br />tlce 0 e/Q'enuen'cy /.e: 0 : e'/.IlS:__!.0n_o~pJ:ocee 10'8=-_n ...",au. IlOfl'tY.~, 'o~~e. .e-nu.'!L "ol'le.., 'amp,any s a
<br />, ..;pr /.'?~ ~f.6!fE /.-;:'. '/d~ L >1 . '\ G' ...,~':-, "" 1<;(.\ '- I ''':'J' '-~~~~}.''\~,,-,-"",,~ ::-..... \::.""'''
<br />not b~e~h' li.ab . .ie ..udnl~l'.l~n~~~e~C5C~;t~st.....clalm~,,0r-=i19g.~f) shall fiave-B'eeil't~\n.!l:!a:\:Y~I..a)lb.~~~~<>~~rt of
<br />J t ~~.<"?',f?",:,~~...'$t.~~l'+_o t/:~l. ~'--l ~~: "" h d >...." C>\~'}.l ':'-. <.,........, I!.
<br />aSl A sor. ("0.> ....WJ.l.I~J~cei >uer,- ll'lglln: :-am-Cf'9.'~a:~p:)\, ana !l1'11 suc a verse 111 ere.s!\ ~ :alm-" or, ngllt so
<br />/.. <;..l1f .. ~ 1"7 " " '-'. ( ~~..::::-r' ""'Z ,""-< I ,___r.--, ';'-...,. ~ '-', "
<br />estabh!'!Sd....~aIVlje.....for less t~an ~ole;-pf....th~\.est'~.te-er-mt~J:.e.st In the land, then the hablhty
<br />of ~he Company shal.l b~, only such p,~~t,~~~c5A.f"~;!,t94im~tell above, as shall bear the same
<br />ratio to the whole hablhty that the ~;v~n~tiest,.==ehnm,;. oYf'.ght estabhshed may bear to the
<br />whole estate or interest in the land, su'G~~&to~e-tra;d.<dfirespective values g,~termjnable as of
<br />the date of this,Je.lic.y, In the ~bsi~~0~f~fio:(i~~~s 'af;r~aid. the C0mpan1. ~i-sVreJieved from all
<br />I' b'l't 'th"""" \" ~~ ~ .. "hh"//.tft w'l-..']e~J), r-?,~/ 'd d'1f1 /J ;itg/t.h./ + f 'I 'f
<br />la I I Y WI resp~~.t,.~t0",~,n~, SUC.I'/.In .erest~ ,cJalm::or"tFi t; provl;ne, ,"Jlo~e~ver':'?f a.... al ure to noh y
<br />. . .....~~\ ~ ~ \~. r ~ Q( //,h <fj7VO ",,"-----'. n -. rl / WI. / /" '. ~.......... .
<br />shall not preludlee-t,J:le~rf .. -tS\e:f'Li.he4lnsuretH~lf such,l'n$,ured sh J.l n~be~ -party to such achon or
<br />, ~ -",-~,\ ~,~~...., J "/;'1/ 0 .1.- ,J\" IQ .<<.-' p: ~ - ::;::.. 0
<br />proceedmg, nor be~r.ved-W:lt~p'rocessc..tifierem, nor '~a..ye~any';;K,no.Wledge=th-ereof. nor 111 any case.
<br />--__~ -~a'lf;;'.V .... ~l:o..~~~--------
<br />unless the Company shalF15~~c.tI!..a11yprejM.a'iGed_by",sucli,Jadure~
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<br />"Upon sale of the ~state or intere4~this. pol~cy automa,tically thereupon shall
<br />become a warrantor's pohcy and the Insured sll'aU for a penod of twenty-five years from the date
<br />hereof remain fully protected according to the terms hereof, by reason of the payment of any loss,
<br />he, they or it may sustain on account of any warranty of title contained in the transfer or con-
<br />veyance executed by the Insured conveying the estate or interest in the land. The Company shall
<br />be liable under said warranty only by reason of defects, liens or encumbrance existing prior to or
<br />at the date hereof and not excluded either by the exceptions or by the Conditions and Stipulations
<br />hereof, such liability not to exceed the amount of this policy,"
<br />
<br />IN WITNESS HEREOF, the FIRST AMERICAN TITLE INSURANCE COMPANY OF TEXAS
<br />has caused this policy to be executed by its President under the seal of the Company, but this policy is to be
<br />valid only when it bears an authorized countersigna~ure, as of the date set forth in Schedule A.
<br />
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<br />First American Title Insurance Company
<br />of Texas
<br />
<br />ATTEST ~
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<br />~~
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<br />Secretary,
<br />
<br />BY
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<br />9/~
<br />
<br />PRESIDENT
<br />
<br />Owner'. Policy
<br />Form Prescribed by State Board 01 Insurance of Texas. Revised 311185 (T.1)
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