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HomeMy WebLinkAboutPAR - 3rd amended PRELIM-LINKED (1)Chicago Title Company 2365 Northside Drive, Suite 600, San Diego, CA 92108 Phone: (619) 521-3500 ● Fax: (619) 521-3608 CLTA Preliminary Report Form – Modified (11/17/06)Page 1 Issuing Policies of Chicago Title Insurance Company ORDER NO.: 00189518-993-SD2-CFU LANSING COMPANIES 505 Lomas Santa Fe Drive, Suit Solana Beach, CA 92075 ATTN: Paul W. Pitingaro Email: ppitingaro@lansingcompanies.com REF: Main Office Line: (619) 521-3500 Title Officer: Ken Cyr & Mark Franklin Title Officer Phone: (619) 521-3673 Title Officer Fax: (619) 521-3608 Title Officer Email: TeamCyrFranklin@ctt.com PROPERTY:ALBERHILL - STOCKDALE, LAKE ELSINORE, CA THIRD AMENDED PRELIMINARY REPORT In response to the application for a policy of title insurance referenced herein, Chicago Title Company hereby reports that it is prepared to issue, or cause to be issued, as of the date hereof, a policy or policies of title insurance describing the land and the estate or interest therein hereinafter set forth, insuring against loss which may be sustained by reason of any defect, lien or encumbrance not shown or referred to as an exception herein or not excluded from coverage pursuant to the printed Schedules, Conditions and Stipulations or Conditions of said policy forms. The printed Exceptions and Exclusions from the coverage and Limitations on Covered Risks of said policy or policies are set forth in Attachment One. The policy to be issued may contain an arbitration clause. When the Amount of Insurance is less than that set forth in the arbitration clause, all arbitrable matters shall be arbitrated at the option of either the Company or the Insured as the exclusive remedy of the parties. Limitations on Covered Risks applicable to the CLTA and ALTA Homeowner’s Policies of Title Insurance which establish a Deductible Amount and a Maximum Dollar Limit of Liability for certain coverages are also set forth in Attachment One. Copies of the policy forms should be read. They are available from the office which issued this report. This report (and any supplements or amendments hereto) is issued solely for the purpose of facilitating the issuance of a policy of title insurance and no liability is assumed hereby. If it is desired that liability be assumed prior to the issuance of a policy of title insurance, a Binder or Commitment should be requested. The policy(s) of title insurance to be issued hereunder will be policy(s) of Chicago Title Insurance Company, a Florida corporation. Please read the exceptions shown or referred to herein and the exceptions and exclusions set forth in Attachment One of this report carefully. The exceptions and exclusions are meant to provide you with notice of matters which are not covered under the terms of the title insurance policy and should be carefully considered. It is important to note that this preliminary report is not a written representation as to the condition of title and may not list all liens, defects and encumbrances affecting title to the land. Chicago Title Company By: Authorized Signature Chicago Title Company 2365 Northside Drive, Suite 600, San Diego, CA 92108 Phone: (619) 521-3500 ● Fax: (619) 521-3608 CLTA Preliminary Report Form – Modified (11/17/06)Page 2 PRELIMINARY REPORT EFFECTIVE DATE:May 11, 2023 at 7:30 a.m. ORDER NO.: 00189518-993-SD2-CFU The form of policy or policies of title insurance contemplated by this report is: ALTA Standard Owner's Policy (6-17-06) 1.THE ESTATE OR INTEREST IN THE LAND HEREINAFTER DESCRIBED OR REFERRED TO COVERED BY THIS REPORT IS: A FEE 2.TITLE TO SAID ESTATE OR INTEREST AT THE DATE HEREOF IS VESTED IN: YANG FOO-OI CHEN, a married woman, as her sole and separate property as to IX ALBERHILL HOLDINGS, LLC, a California limited liability company as to the remainder 3.THE LAND REFERRED TO IN THIS REPORT IS DESCRIBED AS FOLLOWS: See Exhibit A attached hereto and made a part hereof. PRELIMINARY REPORT Chicago Title Company YOUR REFERENCE: ORDER NO.: 00189518-993-SD2-CFU CLTA Preliminary Report Form – Modified (11/17/06)Page 3 EXHIBIT “A” LEGAL DESCRIPTION THE LAND REFERRED TO HEREIN BELOW IS SITUATED IN THE CITY OF LAKE ELSINORE, IN THE COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, AND IS DESCRIBED AS FOLLOWS: PARCEL II STOCKDALE PROPERTY APN: 389-100-008, 389-100-010, 389-100-014, 389-100-023, 389-100-028, 389-100-029, 389-100-030, 389-100-031, 389-100-032, 389-100-033, 389-100-034, 389-100-035, 389-100-016, 389-100-017, 389-100-019, 389-100-036, 389-100-037, 389-100-038 APN: 389-110-007, 389-110-010, 389-110-011, 389-110-012, 389-110-013, 389-110-014, 389-110-015, APN: 389-151-008, APN: 389-152-001, 389-152-002, 389-152-003, 389-152-004, 389-152-005, 389-152-010, APN: 389-153-002, 389-153-003, 389-153-004, 389-153-005, APN: 389-161-001, 389-161-002, 389-161-003, APN: 389-162-001, 389-162-002, 389-162-003, 389-162-004, 389-162-005, 389-162-006 THE LAND REFERRED TO HEREIN BELOW IS SITUATED IN THE CITY OF LAKE ELSINORE, IN THE COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, AND IS DESCRIBED AS FOLLOWS: PARCEL 7: BLOCKS 18, 19, 20, 21, 22, 24, 25, 26 AND 27 OF HOFF'S FIRST ADDITION TO TERRA COTTA CITY, IN THE COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 12, PAGE 568 OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAN DIEGO COUNTY, TOGETHER WITH THOSE PORTIONS OF ALLEYS AND STREETS (MERIDIAN STREET, COAL AVENUE, MERRILL AVENUE, JOHNSON AVENUE, NEWMAN AVENUE AND UNNAMED STREET) AS SHOWN ON SAID MAP WHICH PASSES BY OPERATION OF LAW WITH THE CONVEYANCE OF SAID BLOCKS. EXCEPT THAT PORTION THEREOF AS CONDEMNED BY THE ELSINORE, POMONA AND LOS ANGELES RAILROAD COMPANY, A CERTIFIED COPY OF SAID DECREE OF CONDEMNATION BEING RECORDED APRIL 21, 1898 IN BOOK 67, PAGE 270 DEEDS, RECORDS OF RIVERSIDE COUNTY, CALIFORNIA. ALSO EXCEPT THAT PORTION DESCRIBED BY AN INSTRUMENT TO THE ELSINORE, POMONA AND LOS ANGELES RAILWAY COMPANY RECORDED MAY 9, 1896 IN BOOK 48, PAGE 242 DEEDS, RECORDS OF RIVERSIDE COUNTY, CALIFORNIA. ALSO EXCEPT THAT PORTION DESCRIBED BY AN INSTRUMENT TO THE ELSINORE VALLEY MUNICIPAL WATER DISTRICT RECORDED SEPTEMBER 9, 2019 AS INSTRUMENT NO. 2019-349028 OFFICIAL RECORDS. PARCEL 8: THAT PORTION OF BLOCKS 23, 24 AND 25 OF HOFFS FIRST ADDITION OF TERRA COTTA CITY, IN THE COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 12, PAGE 568 OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAN DIEGO COUNTY, LYING WITHIN A STRIP OF LAND 100.00 FEET WIDE AND LYING 50.00 FEET ON EACH SIDE OF THE ELSINORE, POMONA AND LOS ANGELES RAILWAY, THE CENTER LINE BEING DESCRIBED AS FOLLOWS: BEGINNING AT A POINT ON THE SOUTH LINE OF BLOCK 19 OF SAID SUBDIVISION 139.20 FEET EAST OF THE SOUTHWESTERLY CORNER OF SAID BLOCK 19; ALSO BEING THE BEGINNING OF A TANGENT CURVE CONCAVE SOUTHEASTERLY AND HAVING A RADIUS OF 2864.90 FEET; THENCE SOUTHERLY PRELIMINARY REPORT Chicago Title Company YOUR REFERENCE: ORDER NO.: 00189518-993-SD2-CFU EXHIBIT A (Continued) CLTA Preliminary Report Form – Modified (11/17/06)Page 4 ON SAID CURVE, 356.70 FEET; THENCE SOUTH 53° 43' 00" WEST, 342.20 FEET, TO THE BEGINNING OF A CURVE, CONCAVE NORTHERLY AND HAVING A RADIUS OF 521.10 FEET; THENCE WESTERLY ON SAID CURVE, A DISTANCE OF 434.60 FEET, TO A POINT 43.10 FEET SOUTH OF THE SOUTHWEST CORNER OF SAID BLOCK 23 AND THE END OF SAID CENTER LINE DESCRIBED. TOGETHER WITH THOSE PORTIONS OF ALLEYS AND STREETS (MERIDIAN STREET, COAL AVENUE, MERRILL AVENUE, JOHNSON AVENUE, NEWMAN AVENUE AND UNNAMED STREET) AS SHOWN ON SAID MAP WHICH PASSES BY OPERATION OF LAW WITH THE CONVEYANCE OF SAID BLOCKS. EXCEPTING THEREFROM ALL MINERALS, INCLUDING, WITHOUT LIMITING THE GENERALITY THEREOF, OIL, GAS AND OTHER HYDROCARBON SUBSTANCES, AS WELL AS METALLIC OR OTHER SOLID MINERALS, WITHOUT, HOWEVER, THE RIGHT TO GO UPON OR USE THE SURFACE OF SAID LAND, OR ANY PART THEREOF, FOR THE PURPOSE OF DRILLING FOR, MINING, OR OTHERWISE REMOVING, ANY OF SAID MINERALS. TOGETHER WITH THE RIGHT TO REMOVE ANY OF SAID MINERALS FROM SAID LAND BY MEANS OF WELLS, SHAFTS, TUNNELS, OR OTHER MEANS OF ACCESS TO SAID MINERALS WHICH MAY BE CONSTRUCTED, DRILLED OR DUG FROM OTHER LAND, PROVIDED THAT THE EXERCISE OF SUCH RIGHTS SHALL IN NO WAY INTERFERE WITH OR IMPAIR THE USE OF THE SURFACE OF SAID LAND OR OF ANY IMPROVEMENTS THEREON, AS RESERVED BY THE ATCHISON, TOPEKA AND SANTA FE RAILWAY COMPANY IN THE DEED RECORDED NOVEMBER 27, 1985 AS INSTRUMENT NO. 1985-268350 OFFICIAL RECORDS. PARCEL 9: THAT PORTION OF BLOCK 19 AND 20 OF HOFFS FIRST ADDITION TO TERRA COTTA CITY, IN THE COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 12, PAGE 568 OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAN DIEGO COUNTY, INCLUDED WITHIN 50.00 FEET ON EACH SIDE OF AND PARALLEL TO THE CENTER LINE OF THE LOCATION OF THE ELSINORE, POMONA AND LOS ANGELES RAILWAY, WHICH CENTER LINE IS DESCRIBED AS FOLLOWS: BEGINNING AT A POINT ON THE NORTHWESTERLY LINE OF LAGUNA RANCHO AT A POINT 755.00 FEET SOUTHWESTERLY FROM STATION 7; THENCE SOUTH 75° 09' 00" WEST, 1042.00 FEET, TO THE BEGINNING OF A CURVE, CONCAVE SOUTHERLY, HAVING A RADIUS OF 2364.90 FEET; THENCE SOUTHWESTERLY ON SAID CURVE AN ARC LENGTH OF 1071.70 FEET TO THE END OF SAID CENTER LINE DESCRIBED; THE SIDELINES OF SAID 100.00 FOOT WIDE STRIP BEING PROLONGED OR SHORTENED AS TO TERMINATE EASTERLY IN THE EAST LINE OF SAID BLOCK 20 AND SOUTHERLY IN THE SOUTH LINE OF SAID BLOCK 19. TOGETHER WITH THOSE PORTIONS OF ALLEYS AND STREETS (MERIDIAN STREET, COAL AVENUE, MERRILL AVENUE, JOHNSON AVENUE, NEWMAN AVENUE AND UNNAMED STREET) AS SHOWN ON SAID MAP WHICH PASSES BY OPERATION OF LAW WITH THE CONVEYANCE OF SAID BLOCKS. EXCEPTING THEREFROM ALL MINERALS, INCLUDING, WITHOUT LIMITING THE GENERALITY THEREOF, OIL, GAS AND OTHER HYDROCARBON SUBSTANCES, AS WELL AS METALLIC OR OTHER SOLID MINERALS, WITHOUT, HOWEVER, THE RIGHT TO GO UPON OR USE THE SURFACE OF SAID LAND, OR ANY PART THEREOF, FOR THE PURPOSE OF DRILLING FOR, MINING, OR OTHERWISE REMOVING, ANY OF SAID MINERALS. TOGETHER WITH THE RIGHT TO REMOVE ANY OF SAID MINERALS FROM SAID LAND BY MEANS OF WELLS, SHAFTS, TUNNELS, OR OTHER MEANS OF ACCESS TO SAID MINERALS WHICH MAY BE CONSTRUCTED, DRILLED OR DUG FROM OTHER LAND, PROVIDED THAT THE EXERCISE OF SUCH RIGHTS SHALL IN NO WAY INTERFERE WITH OR IMPAIR THE USE OF THE SURFACE OF SAID LAND OR OF ANY IMPROVEMENTS THEREON, AS RESERVED BY THE ATCHISON, TOPEKA AND SANTA FE RAILWAY COMPANY IN THE DEED RECORDED NOVEMBER 27, 1985 AS INSTRUMENT NO. 1985-268350 OFFICIAL RECORDS. PRELIMINARY REPORT Chicago Title Company YOUR REFERENCE: ORDER NO.: 00189518-993-SD2-CFU EXHIBIT A (Continued) CLTA Preliminary Report Form – Modified (11/17/06)Page 5 PARCEL 10: A PORTION OF BLOCKS 21 AND 22 OF HOFFS FIRST ADDITION TO TERRA COTTA CITY AS SHOWN BY MAP ON FILE IN BOOK 12, PAGE 568 OF MAPS, RECORDS OF SAN DIEGO COUNTY, CALIFORNIA, INCLUDED WITHIN 50.00 FEET ON EACH SIDE OF AND PARALLEL TO THE CENTER LINE OF THE LOCATION OF THE ELSINORE, POMONA AND LOS ANGELES RAILWAY, WHICH CENTER LINE IS DESCRIBED AS FOLLOWS: BEGINNING AT A POINT ON THE NORTHWESTERLY LINE OF LAGUNA RANCHO AT A POINT 755.00 FEET SOUTHWESTERLY FROM STATION 7; THENCE SOUTH 75° 09' 00 WEST, 1042.00 FEET, MORE OR LESS, TO THE BEGINNING OF A CURVE, CONCAVE SOUTHERLY, HAVING A RADIUS OF 2364.90 FEET; THENCE SOUTHWESTERLY ALONG SAID CURVE AN ARC LENGTH OF 1071.70 FEET TO THE END OF SAID CENTER LINE DESCRIBED; THE SIDELINES OF SAID 100.00 FOOT WIDE STRIP BEING PROLONGED OR SHORTENED AS TO TERMINATE WESTERLY IN THE WEST LINE OF SAID BLOCK 21 AND EASTERLY IN SAID RANCHO LAGUNA LINE. EXCEPTING THEREFROM ALL MINERALS, INCLUDING, WITHOUT LIMITING THE GENERALITY THEREOF, OIL, GAS AND OTHER HYDROCARBON SUBSTANCES, AS WELL AS METALLIC OR OTHER SOLID MINERALS, WITHOUT, HOWEVER, THE RIGHT TO GO UPON OR USE THE SURFACE OF SAID LAND, OR ANY PART THEREOF, FOR THE PURPOSE OF DRILLING FOR, MINING, OR OTHERWISE REMOVING, ANY OF SAID MINERALS. TOGETHER WITH THE RIGHT TO REMOVE ANY OF SAID MINERALS FROM SAID LAND BY MEANS OF WELLS, SHAFTS, TUNNELS, OR OTHER MEANS OF ACCESS TO SAID MINERALS WHICH MAY BE CONSTRUCTED, DRILLED OR DUG FROM OTHER LAND, PROVIDED THAT THE EXERCISE OF SUCH RIGHTS SHALL IN NO WAY INTERFERE WITH OR IMPAIR THE USE OF THE SURFACE OF SAID LAND OR OF ANY IMPROVEMENTS THEREON, AS RESERVED BY THE ATCHISON, TOPEKA AND SANTA FE RAILWAY COMPANY IN THE DEED RECORDED NOVEMBER 27, 1985 AS INSTRUMENT NO. 1985-268350 OFFICIAL RECORDS AND RECORDED OCTOBER 23, 1985 AS INSTRUMENT NO. 1985-238977 OFFICIAL RECORDS. PARCEL 11: LOT 1 IN BLOCK 17 OF HOFF'S FIRST ADDITION TO TERRA COTTA CITY, IN THE COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 12, PAGE 568 OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAN DIEGO COUNTY, CALIFORNIA. EXCEPT ALL MINERAL RIGHTS OF WHATEVER NATURE AND AN EASEMENT AS RESERVED BY ROBERT LEE CISSNA, BY DEED RECORDED NOVEMBER 19, 1979 AS INSTRUMENT NO. 1979-246854 OFFICIAL RECORDS. PARCEL 12: LOT 3 IN BLOCK 17 OF HOFF'S FIRST ADDITION TO TERRA COTTA CITY, IN THE COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 12, PAGE 568 OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAN DIEGO COUNTY, CALIFORNIA. EXCEPT ALL MINERAL RIGHTS OF WHATEVER NATURE AND AN EASEMENT AS RESERVED BY ROBERT LEE CISSNA, BY DEED RECORDED SEPTEMBER 25, 1979 AS INSTRUMENT NO. 202805 OF OFFICIAL RECORDS. PARCEL 13: PRELIMINARY REPORT Chicago Title Company YOUR REFERENCE: ORDER NO.: 00189518-993-SD2-CFU EXHIBIT A (Continued) CLTA Preliminary Report Form – Modified (11/17/06)Page 6 LOTS 5, 7 AND 9 IN BLOCK 17 OF HOFF'S FIRST ADDITION TO TERRA COTTA CITY, IN THE COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 12, PAGE 568 OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAN DIEGO COUNTY, CALIFORNIA. EXCEPT ALL MINERAL RIGHTS OF WHATEVER NATURE AND AN EASEMENT AS RESERVED BY ROBERT LEE CISSNA, BY DEED RECORDED FEBRUARY 8, 1982 AS INSTRUMENT NO. 23097 OF OFFICIAL RECORDS. PARCEL 14: LOTS 2, 4, 6, 8 AND 10 IN BLOCK 17 OF HOFFS FIRST ADDITION TO TERRA COTTA CITY, IN THE CITY OF LAKE ELSINORE, COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 12 PAGE 568 OF MAPS, RECORDS OF SAN DIEGO COUNTY, CALIFORNIA. EXCEPT FROM LOT 2, ALL MINERAL RIGHTS OF WHATEVER NATURE AND AN EASEMENT AS RESERVED BY ROBERT LEE CISSNA, BY DEED RECORDED SEPTEMBER 25, 1979 AS INSTRUMENT NO. 202803 OF OFFICIAL RECORDS. EXCEPT FROM LOT 4, ALL MINERAL RIGHTS OF WHATEVER NATURE AND AN EASEMENT AS RESERVED BY ROBERT LEE CISSNA, BY DEED RECORDED SEPTEMBER 25, 1979 AS INSTRUMENT NO. 202805 OF OFFICIAL RECORDS. EXCEPT FROM LOT 6, ALL MINERAL RIGHTS OF WHATEVER NATURE AS RESERVED BY ROBERT LEE CISSNA, BY DEED RECORDED MAY 19, 1989 AS INSTRUMENT NO. 164309 OF OFFICIAL RECORDS. EXCEPT FROM LOTS 8 AND 10, ALL MINERAL RIGHTS, AS EXCEPTED IN THE DEED RECORDED JULY 14, 1993 AS INSTRUMENT NO. 270884 OF OFFICIAL RECORDS. PARCEL VII STOCKDALE PROPERTY APN: 389-100-022, 389-100-026, 389-100-027 APN: 389-154-004, 389-154-005, 389-154-006, 389-155-001 APN: 389-163-001, 389-163-005, 389-163-007, 389-163-008, 389-163-009, 389-163-010, 389-163-011 APN: 389-122-008 PARCEL A: LOTS 11 THROUGH 16, IN BLOCK 17 OF HOFF'S FIRST ADDITION TO TERRA COTTA CITY, IN THE CITY OF LAKE ELSINORE, COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 12 PAGE 568 OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAN DIEGO COUNTY, CALIFORNIA. PARCEL B: LOTS 1 THRU 27 INCLUSIVE IN BLOCK 9 OF HOFFS FIRST ADDITION TO TERRA COTTA CITY, IN THE CITY OF LAKE ELSINORE, COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, AS SHOWN BY MAP RECORDED IN BOOK 12, PAGE 568 OF MAPS, RECORDS OF SAN DIEGO COUNTY, CALIFORNIA. TOGETHER WITH THE UNNAMED ALLEYS LYING WITH IN BLOCK 9 AS VACATED BY RESOLUTION RECORDED APRIL 25, 1988 AS INSTRUMENT NO. 108624 AND APRIL 27, 1988 AS INSTRUMENT NO.111896 OFFICIAL RECORDS. PRELIMINARY REPORT Chicago Title Company YOUR REFERENCE: ORDER NO.: 00189518-993-SD2-CFU EXHIBIT A (Continued) CLTA Preliminary Report Form – Modified (11/17/06)Page 7 HOTEL BLOCK OF HOFFS FIRST ADDITION TO TERRA COTTA CITY, IN THE CITY OF LAKE ELSINORE, COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, AS SHOWN BY MAP RECORDED IN BOOK 12, PAGE 568 OF MAPS, RECORDS OF SAN DIEGO COUNTY, CALIFORNIA. PARCEL C: LOT 1 IN BLOCK 10 OF HOFFS FIRST ADDITION TO TERRA COTTA CITY, IN THE CITY OF LAKE ELSINORE, COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, AS SHOWN BY MAP RECORDED IN BOOK 12, PAGE 568 OF MAPS, RECORDS OF SAN DIEGO COUNTY, CALIFORNIA. PARCEL D: LOTS 14 AND 15 IN BLOCK 10 OF HOFFS FIRST ADDITION TO TERRA COTTA CITY, IN THE CITY OF LAKE ELSINORE, COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, AS SHOWN BY MAP RECORDED IN BOOK 12, PAGE 568 OF MAPS, RECORDS OF SAN DIEGO COUNTY, CALIFORNIA. PARCEL E: LOT 5 IN BLOCK 10 OF HOFFS FIRST ADDITION TO TERRA COTTA CITY, IN THE CITY OF LAKE ELSINORE, COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, AS SHOWN BY MAP RECORDED IN BOOK 12, PAGE 568 OF MAPS, RECORDS OF SAN DIEGO COUNTY, CALIFORNIA. PARCEL F: LOTS 3, 16 AND 17 IN BLOCK 10 OF HOFFS FIRST ADDITION TO TERRA COTTA CITY, IN THE CITY OF LAKE ELSINORE, COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, AS SHOWN BY MAP RECORDED IN BOOK 12, PAGE 568 OF MAPS, RECORDS OF SAN DIEGO COUNTY, CALIFORNIA. PARCEL G: LOTS 19 AND 20 IN BLOCK 10 OF HOFFS FIRST ADDITION TO TERRA COTTA CITY, IN THE CITY OF LAKE ELSINORE, COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, AS SHOWN BY MAP RECORDED IN BOOK 12, PAGE 568 OF MAPS, RECORDS OF SAN DIEGO COUNTY, CALIFORNIA. PARCEL H: LOT 19 IN BLOCK 2 OF TERRA COTTA CITY, IN THE CITY OF ELSINORE, COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, AS SHOWN BY MAP ON FILE IN BOOK 4 OF PAGE(S) 212 OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAN DIEGO COUNTY TOGETHER WITH THE UNNAMED ALLEY ADJOINING SAID LOT AS VACATED BY RESOLUTION RECORDED FEBRUARY 16, 1965 AS INSTRUMENT NO. 17927 OFFICIAL RECORDS. PARCEL I: LOT 18 IN BLOCK 10 OF HOFFS FIRST ADDITION TO TERRA COTTA CITY, AS SHOWN BY MAP ON FILE IN BOOK 12, PAGE 568 OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAN DIEGO COUNTY, CALIFORNIA. EXCEPTING THEREFROM ALL MINERAL RIGHTS, HOWEVER UNTO THE GRANTOR AND HIS SUCCESSORS OR ASSIGNS INCLUDING ALL OIL, GAS AND MINERALS OF EVERY NATURE AND DESCRIPTION, WITH THE RIGHT TO REMOVE SOME RESERVED BY THE GRANTOR HEREIN AS PRELIMINARY REPORT Chicago Title Company YOUR REFERENCE: ORDER NO.: 00189518-993-SD2-CFU EXHIBIT A (Continued) CLTA Preliminary Report Form – Modified (11/17/06)Page 8 RESERVED IN THE DEED RECORDED FEBRUARY 6, 1979 AS INSTRUMENT NO. 79-26028, OFFICIAL RECORDS. PARCEL VIII APN: 389-163-013 LOT 9 OF BLOCK 10 OF HOFF’S FIRST ADDITION TO TERRA COTTA CITY, AS RECORDED IN BOOK 12 PAGES 568 OF MAPS, RECORDS OF SAN DIEGO COUNTY, CALIFORNIA. PARCEL IX APN: 389-090-030, 389-090-007 APN: 389-122-006, 389-122-007, 389-122-012, 389-122-013, 389-122-014, 389-122-015, 389-122-016, 389-122- 017 PARCEL 2 OF LOT LINE ADJUSTMENT NO. 2021-0002 RECORDED OCTOBER 5, 2021 AS INSTRUMENT NO. 2021-0591030 OFFICIAL RECORDS, DESCRIBED AS FOLLOWS: BEING THAT PORTION OF PARCEL 2 OF LOT LINE ADJUSTMENT NO. 16-560, IN THE CITY OF LAKE ELSINORE, COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, RECORDED MAY 12, 2016 AS INSTRUMENT NO. 2016-0194119 OF OFFICIAL RECORDS, TOGETHER WITH THAT PORTION OF A STRIP OF LAND, 30.00 FEET WIDE, LYING WITHIN THE SOUTHWEST QUARTER OF SECTION 26, TOWNSHIP 5 SOUTH, RANGE 5 WEST, SAN BERNARDINO MERIDIAN, IN SAID COUNTY OF RIVERSIDE, ACCORDING TO THE OFFICIAL PLAT THEREOF, BEING PARCEL 5B OF GRANT DEED, RECORDED DECEMBER 31, 2020, AS INSTRUMENT NO. 2020-0672633, OF OFFICIAL RECORDS, ALL LYING WITHIN SECTIONS 26 AND 27, TOWNSHIP 5 SOUTH, RANGE 5 WEST, SAN BERNARDINO MERIDIAN, ALL BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHEAST CORNER OF THE SOUTHWEST QUARTER OF SAID SECTION 26; THENCE SOUTHERLY ALONG THE EAST LINE OF SAID SOUTHWEST QUARTER, SOUTH 00°57’01" WEST, A DISTANCE OF 798.39 FEET TO A POINT LYING ON THE NORTHERLY LINE OF COAL AVENUE OF BLOCK 1, IN TERRA COTTA CITY, PER MAP RECORDED IN BOOK 4, PAGE 212 OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAN DIEGO COUNTY; THENCE WESTERLY ALONG SAID NORTHERLY LINE, NORTH 88°45'34" WEST, A DISTANCE OF 714.53 FEET TO THE INTERSECTION OF SAID NORTHERLY LINE AND THE NORTHERLY PROLONGATION OF THE WESTERLY RIGHT OF WAY OF MAIN STREET OF SAID BLOCK 1; THENCE SOUTHERLY, ALONG SAID WESTERLY RIGHT OF WAY, SOUTH 01°13'40" WEST, A DISTANCE OF 40.00 FEET TO THE SOUTHERLY LINE OF SAID PARCEL 2 OF LOT LINE ADJUSTMENT NO. 16-560; THENCE WESTERLY ALONG SAID SOUTHERLY LINE, NORTH 88°45'34" WEST, A DISTANCE OF 18.49 FEET TO A POINT LYING ON THE WESTERLY RIGHT OF WAY OF TERRA COTTA ROAD, PER IRREVOCABLE OFFER OF DEDICATION, RECORDED JULY 29, 2021, AS INSTRUMENT NO. 2021-0454213, OF OFFICIAL RECORDS; THENCE NORTHERLY ALONG SAID WESTERLY RIGHT OF WAY, NORTH 00°43'11" EAST, A DISTANCE OF 47.48 FEET TO THE BEGINNING OF A TANGENT CURVE, CONCAVE EASTERLY AND HAVING A RADIUS OF 1045.00 FEET; PRELIMINARY REPORT Chicago Title Company YOUR REFERENCE: ORDER NO.: 00189518-993-SD2-CFU EXHIBIT A (Continued) CLTA Preliminary Report Form – Modified (11/17/06)Page 9 THENCE NORTHERLY, CONTINUING ALONG SAID WESTERLY RIGHT OF WAY, ALONG SAID CURVE, THROUGH A CENTRAL ANGLE OF 18°09'18", AN ARC DISTANCE OF 331.12 FEET TO THE BEGINNING OF A TANGENT LINE; THENCE NORTHERLY ALONG SAID TANGENT LINE, NORTH 18°52'29" EAST, A DISTANCE OF 359.81 FEET; THENCE NORTH 27°30'35" WEST, A DISTANCE OF 33.32 FEET TO A POINT LYING ON THE SOUTHERLY RIGHT OF WAY OF NICHOLS ROAD PER GRANT DEED TO THE CITY OF LAKE ELSINORE, RECORDED NOVEMBER 12, 2010AS INSTRUMENT NO. 2010-0544377, OF OFFICIAL RECORDS OF SAID RIVERSIDE COUNTY, SAID POINT ALSO BEING THE BEGINNING OF A NON-TANGENT CURVE, CONCAVE NORTHERLY AND HAVING A RADIUS OF 1810.00 FEET, A RADIAL BEARING TO SAID POINT BEARS SOUTH 21°03'48" WEST; THENCE WESTERLY ALONG SAID CURVE AND SAID SOUTHERLY RIGHT OF WAY, THROUGH A CENTRAL ANGLE OF 07°22'04", AN ARC DISTANCE OF 232.75 FEET TO A POINT LYING ON THE NORTH LINE OF THE SOUTHWEST QUARTER OF SAID SECTION 26; THENCE EASTERLY ALONG SAID NORTH LINE, SOUTH 88°45'21" EAST, A DISTANCE OF 800.65 FEET TO SAID POINT OF BEGINNING. EXCEPTING THEREFROM ANY PORTION OF NICHOLS ROAD AS CONVEYED TO THE CITY OF RIVERSIDE AS DESCRIBED IN DEED RECORDED NOVEMBER 12, 2010 AS INSTRUMENT NO. 2010- 0544377, OF OFFICIAL RECORDS OF SAID RIVERSIDE COUNTY. EXCEPTING FROM A PORTION OF SAID LAND ALL MINERALS, INCLUDING, WITHOUT LIMITING THE GENERALITY THEREOF, OIL, GAS AND OTHER HYDROCARBON SUBSTANCES, AS WELL AS METALLIC OR OTHER SOLID MINERALS, WITHOUT, HOWEVER, THE RIGHT TO GO UPON OR USE THE SURFACE OF SAID LAND, OR ANY PART THEREOF, FOR THE PURPOSE OF DRILLING FOR, MINING, OR OTHERWISE REMOVING, ANY OF SAID MINERALS. TOGETHER WITH THE RIGHT TO REMOVE ANY OF SAID MINERALS FROM SAID LAND BY MEANS OF WELLS, SHAFTS, TUNNELS, OR OTHER MEANS OF ACCESS TO SAID MINERALS WHICH MAY BE CONSTRUCTED, DRILLED OR DUG FROM OTHER LAND, PROVIDED THAT THE EXERCISE OF SUCH RIGHTS SHALL IN NO WAY INTERFERE WITH OR IMPAIR THE USE OF THE SURFACE OF SAID LAND OR OF ANY IMPROVEMENTS THEREON, AS RESERVED BY THE ATCHISON, TOPEKA AND SANTA FE RAILWAY COMPANY IN THE DEED RECORDED NOVEMBER 27, 1985 AS INSTRUMENT NO. 1985-268350 OFFICIAL RECORDS. ALSO EXCEPTING THEREFROM ALL OIL, OIL RIGHTS, MINERALS, MINERAL RIGHTS, COAL AND CLAY DEPOSITS, NATURAL GAS RIGHTS, OTHER HYDROCARBONS, AND GEOTHERMAL, DEPOSITS OR RESOURCES BY WHATSOEVER NAME KNOWN, THAT MAY BE WITHIN OR UNDER SAID LAND AND THAT HAVE NOT HERETOFORE BEEN RESERVED OF RECORD BY OR CONVEYED OF RECORD TO OTHERS, TOGETHER WITH THE PERPETUAL RIGHT OF DRILLING, MINING, EXPLORING AND OPERATING, THEREFOR AND STORING IN AND REMOVING THE SAME FROM SAID LAND OR ANY OTHER LAND, INCLUDING THE RIGHT TO WHIPSTOCK OR DIRECTIONALLY DRILL AND MINE FROM LANDS OTHER THAN THOSE HEREINABOVE DESCRIBED, OIL OR GAS WELLS, TUNNELS AND SHAFTS INTO, THROUGH OR ACROSS THE SUBSURFACE OF THE LAND HEREINABOVE DESCRIBED, AND TO BOTTOM SUCH WHIPSTOCKED OR DIRECTIONALLY DRILLED WELLS, TUNNELS, AND SHAFTS UNDER AND BENEATH OR BEYOND THE EXTERIOR LIMITS THEREOF, AND TO RE-DRILL, RE-TUNNEL, EQUIP, MAINTAIN, REPAIR, DEEPEN AND OPERATE ANY SUCH WELLS OR MINES WITHOUT, HOWEVER, THE RIGHT TO DRILL, MINE, STORE, EXPLORE AND OPERATE THROUGH THE SURFACE OR THE UPPER FIVE HUNDRED (500) FEET OF THE SUBSURFACE OF THE LANDS HEREINABOVE DESCRIBED, AS RESERVED BY LONG BEACH EQUITIES, INC., IN THE DEED RECORDED SEPTEMBER 29, 1989 AS INSTRUMENT NO. 1989-337562 OFFICIAL RECORDS. PRELIMINARY REPORT Chicago Title Company YOUR REFERENCE: ORDER NO.: 00189518-993-SD2-CFU EXHIBIT A (Continued) CLTA Preliminary Report Form – Modified (11/17/06)Page 10 TOGETHER WITH: BLOCKS 1 AND BLOCK 2, IN TERRA COTTA CITY, IN THE COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 4, PAGE 212 OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAN DIEGO COUNTY; EXCEPTING FROM SAID BLOCK 1 THAT PORTION LYING WITH IN TRACT NO. 28214-9 RECORDED IN BOOK 480, PAGES 96 THROUGH 122 OFFICIAL RECORDS. TOGETHER WITH THAT PORTION OF COAL AVENUE AS SHOWN ON SAID MAP LYING BETWEEN THE NORTHERLY EXTENSION OF THE WESTERLY LINE OF MAIN STREET, AS SHOWN ON SAID MAP, AND THE WESTERLY LINE OF SAID SUBDIVISION, AS VACATED BY THE BOARD OF SUPERVISORS OF RIVERSIDE COUNTY BY RESOLUTION, A CERTIFIED COPY THEREOF BEING RECORDED ON JUNE 22, 1955 IN BOOK 1755, PAGE 494 OFFICIAL RECORDS OF RIVERSIDE COUNTY, CALIFORNIA. TOGETHER WITH THAT PORTION OF MAIN STREET AND COAL AVENUE AS SHOWN ON SAID MAP AS VACATED BY THE BOARD OF SUPERVISORS OF RIVERSIDE COUNTY BY RESOLUTION, A CERTIFIED COPY THEREOF BEING RECORDED OCTOBER 14, 2021 AS INSTRUMENT NO. 2021-0607774 OFFICIAL RECORDS OF RIVERSIDE COUNTY, CALIFORNIA. TOGETHER WITH ALL THOSE UNNAMED ALLEYS SHOWN 15 FEET AND 23 FEET WIDE LYING WITHIN BLOCKS 1 AND 2 IN SAID TERRA COTTA CITY AS VACATED BY THE BOARD OF SUPERVISORS OF RIVERSIDE COUNTY BY RESOLUTION, A CERTIFIED COPY THEREOF BEING RECORDED FEBRUARY 16, 1965 IN BOOK 3926, PAGE 148 OFFICIAL RECORDS OF RIVERSIDE COUNTY, CALIFORNIA. EXCEPT LOTS 19 AND 20 FROM BLOCK 2 OF TERRA COTTA CITY. PARCEL IX THAT PORTION OF LOW ROLLING HILLS, RANCHO LA LAGUNA, IN THE CITY OF LAKE ELSINORE, COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 8, PAGE 377 OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAN DIEGO COUNTY, DESCRIBED AS FOLLOWS: COMMENCING AT THE POINT OF INTERSECTION OF THE SOUTHERLY LINE OF SECTION 26, TOWNSHIP 8 SOUTH, RANGE 5 WEST, SAN BERNARDINO BASE AND MERIDIAN, AND THE NORTHWESTERLY BOUNDARY OF SAID RANCH LA LAGUNA; THENCE NORTH 43° 24' EAST, ALONG THE NORTHWESTERLY BOUNDARY OF SAID RANCHO LA LAGUNA, 1544.94 FEET TO THE TRUE POINT OF BEGINNING; THENCE CONTINUING NORTH 43° 24' EAST, ALONG THE NORTHWESTERLY BOUNDARY OF SAID RANCHO LA LAGUNA, 800 FEET; THENCE SOUTH 46° 36' EAST, 961.27 FEET; THENCE SOUTH 43° 24' WEST, PARALLEL WITH THE NORTHWESTERLY BOUNDARY OF SAID RANCHO LA LAGUNA, 800 FEET; THENCE NORTH 46° 36' WEST, 961.27 FEET TO THE TRUE POINT OF BEGINNING. EXCEPT THE NORTHEASTERLY RECTANGULAR 200 FEET THEREOF. ALSO EXCEPTING FROM A PORTION OF SAID LAND ALL URANIUM, THORIUM AND OTHER FISSIONABLE MATERIALS, ALL OIL, GAS, PETROLEUM, ASPHALTUM AND OTHER HYDROCARBON SUBSTANCES AND OTHER MINERALS AND MINERAL ORES OF EVERY KIND AND CHARACTER, WHETHER SIMILAR TO THESE HEREIN SPECIFIED OR NOT, WITHIN OR UNDERLYING, OR WHICH MAY BE PRODUCED FROM PRELIMINARY REPORT Chicago Title Company YOUR REFERENCE: ORDER NO.: 00189518-993-SD2-CFU EXHIBIT A (Continued) CLTA Preliminary Report Form – Modified (11/17/06)Page 11 THE HEREINABOVE DESCRIBED LAND, TOGETHER WITH THE RIGHT TO USE THAT PORTION ONLY OF SAID LAND WHICH UNDERLIES A PLANE PARALLEL TO AND FIVE HUNDRED (500) FEET BELOW THE PRESENT SURFACE OF SAID LAND, FOR THE PURPOSE OF PROSPECTING FOR, DEVELOPING AND/OR EXTRACTING SAID URANIUM, THORIUM AND OTHER FISSIONABLE MATERIALS, OIL, GAS, PETROLEUM, ASPHALTUM AND OTHER MINERAL OR HYDROCARBON SUBSTANCES FROM SAID LAND, IT BEING EXPRESSLY UNDERSTOOD AND AGREED THAT SAID MONO POWER COMPANY, ITS SUCCESSORS AND ASSIGNS, SHALL HAVE NO RIGHT TO ENTER UPON THE SURFACE OF SAID LAND, OR TO USE SAID LAND OR ANY PORTION THEREOF TO SAID DEPTH OF FIVE HUNDRED (500) FEET, FOR ANY PURPOSE WHATSOEVER, AS RESERVED IN GRANT DEED TO SOUTHERN CALIFORNIA EDISON COMPANY, A CORPORATION, RECORDED JUNE 20, 1972 AS INSTRUMENT NO. 80138 OF OFFICIAL RECORDS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. APN 378-020-020, APN 378-020-022, APN 378-020-053 PRELIMINARY REPORT Chicago Title Company YOUR REFERENCE: ORDER NO.: 00189518-993-SD2-CFU CLTA Preliminary Report Form – Modified (11/17/06)Page 12 EXCEPTIONS AT THE DATE HEREOF, ITEMS TO BE CONSIDERED AND EXCEPTIONS TO COVERAGE IN ADDITION TO THE PRINTED EXCEPTIONS AND EXCLUSIONS IN SAID POLICY FORM WOULD BE AS FOLLOWS: A.Property taxes, which are a lien not yet due and payable, including any assessments collected with taxes to be levied for the fiscal year 2023-2024. B.2022-2023 Taxes first paid – hyperlinked C.2022-2023 Taxes delinquent – hyperlinked. D.A Notice of Special Tax Lien pursuant to Sections 3114.5 (Mello Roos) of the streets and highway code and Section 53328.3 of the Government Code imposing a continuing lien. None currently due and payable. Executed by:Elsinore Valley Municipal Water District Amount:no amount is shown in said notice Dated:January 5, 1999 Purpose:Community Facilities District No. 98-1 Recording Date:January 6, 1999 Recording No:1999-004548 Official Records E.The herein described property lies within the boundaries of a Mello-Roos Community Facilities District (CFD) as follows: CFD No:Community Facilities District No. 2005-2 (Alberhill Ranch) For:City of Lake Elsinore Disclosed by:Notice of Special Tax Lien Recording Date:September 26, 2005 Recording No.:2005-0793368 Official Records This property, along with all other parcels in the CFD, is liable for an annual special tax. This special tax is included with and payable with the general property taxes of the City of Lake Elsinore, County of Riverside. The tax may not be prepaid. None currently due and payable. F.The herein described property lies within the boundaries of a Mello-Roos Community Facilities District (CFD) as follows: CFD No:Community Facilities District No. 2017-11-Improvement Area No. A For:The Lake Elsinore Unified School District Disclosed by:Notice of Special Tax Lien Recording Date:May 17, 2017 Recording No.:2017-0198199 Official Records This property, along with all other parcels in the CFD, is liable for an annual special tax. This special tax is included with and payable with the general property taxes of the City of Lake Elsinore, County of Riverside. The tax may not be prepaid. None currently due and payable. PRELIMINARY REPORT Chicago Title Company YOUR REFERENCE: ORDER NO.: 00189518-993-SD2-CFU EXCEPTIONS (Continued) CLTA Preliminary Report Form – Modified (11/17/06)Page 13 G.The herein described property lies within the boundaries of a Mello-Roos Community Facilities District (“CFD”), as follows: CFD No.:2003-1 (City of Lake Elsinore) Recording Date:March 29, 2005 Recording No:2005-0242389 Official Records This property along with all other parcels in the CFD, is liable for an annual special tax, and is payable with the general and special taxes. The tax may not be prepaid. None currently due and payable. H.The herein described property lies within the boundaries of a Mello-Roos Community Facilities District (CFD) as follows: CFD No:Community Facilities District No. 2017-1-Improvement Area No. B For:The Lake Elsinore Unified School District Disclosed by:Notice of Special Tax Lien Recording Date:May 17, 2017 Recording No.:2017-0198200 Official Records This property, along with all other parcels in the CFD, is liable for an annual special tax. This special tax is included with and payable with the general property taxes of the City of Lake Elsinore, County of Riverside. The tax may not be prepaid. None currently due and payable. I.The lien of supplemental or escaped assessments of property taxes, if any, made pursuant to the provisions of Chapter 3.5 (commencing with Section 75) or Part 2, Chapter 3, Articles 3 and 4, respectively, of the Revenue and Taxation Code of the State of California as a result of the transfer of title to the vestee named in Schedule A or as a result of changes in ownership or new construction occurring prior to Date of Policy. None currently THE FOLLOWING MATTERS AFFECT PARCELS 7, 8, 9 & 10 OF PARCEL II: (STOCKDALE) 1.Reservations contained in the Patent From:The United States of America Recorded:Book 6, Page 292 of Patents "Subject to any vested and accrued water rights for mining, agricultural, manufacturing or other purposes, and rights to ditches and reservoirs used in connection with such water rights as may be recognized and acknowledged by the local customs, laws and decisions of courts, and a right of way for ditches or canals constructed by the authority of the United States, also subject to the right of the proprietor of a vein or lode to extract and remove the ore therefrom, should the same be found to penetrate or intersect the premises, as provided by law. Reference is hereby made to said document for full particulars. 2.An easement for street purposes created by the map of Hoffs First Addition of Terra Cotta City recorded in Book 12, Page 568 of Maps, San Diego County and by the map of Terra Cotta City recorded in Book 4, Page 212 of Maps, San Diego County. PRELIMINARY REPORT Chicago Title Company YOUR REFERENCE: ORDER NO.: 00189518-993-SD2-CFU EXCEPTIONS (Continued) CLTA Preliminary Report Form – Modified (11/17/06)Page 14 3.An easement for the purpose shown below and rights incidental thereto as set forth in a document. (No representation is made as to the present ownership of said easement) In Favor of:County of Riverside Purpose:public highway and public utility purposes Recording Date:May 21, 1935 Recording No:Book 231, Page 584 Official Records Affects:That portion of said land as described in the document attached hereto. And Re-Recording Date:May 19, 1936 And Re-Recording No:Book 280, Page 424 Official Records 4.An irrevocable offer to dedicate an easement over a portion of said land for public road purposes, including public utility and public service uses purposes Recording Date:February 19, 1976 Recording No:1976-21698 Official Records 5.An irrevocable offer to dedicate an easement over a portion of said land for public road purposes, including public utility and public service uses purposes Recording Date:March 5, 1976 Recording No:1976-29551 Official Records 6.An irrevocable offer to dedicate an easement over a portion of said land for public road purposes, including public utility and public service uses purposes Recording Date:March 5, 1976 Recording No:1976-29552 Official Records 7.An easement for the purpose shown below and rights incidental thereto as set forth in a document. Purpose:pipelines, canals, wire lines and roads Recording Date:February 13, 1987 Recording No:1987-42044 Official Records Affects:That portion of said land as described in the document attached hereto. 8.The rights, if any, of a city, public utility or special district, pursuant to sections 8345 Et Seq., Streets and Highways Code, to preserve a public easement in streets or alleys which may be vacated. 9.Private easements for ingress and egress to and from streets or alleys, which may be vacated, adjoining said land, in favor of the owners of other lots in said Hoffs First Addition, such easements having been acquired under conveyances of lots by reference to said map. PRELIMINARY REPORT Chicago Title Company YOUR REFERENCE: ORDER NO.: 00189518-993-SD2-CFU EXCEPTIONS (Continued) CLTA Preliminary Report Form – Modified (11/17/06)Page 15 10.Easement(s) for the purpose(s) shown below and rights incidental thereto as condemned by an instrument, Entitled:Final Order of Condemnation Court:Superior Court of the State of California Case No.:RIC 495874 In favor of:Santa Ana Watershed Project Authority, a public agency Purpose:a pipeline easement for public uses Recording Date:September 23, 2010 Recording No:2010-0456581 Official Records Affects:Parcels 1 and 2 and Recording Date:June 27, 2014 and Recording No:2014-0238879 Official Records 11.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document: Granted to:City of Lake Elsinore, a municipal corporation Purpose:Street and Public Utility/Drainage Recording Date:December 14, 2011 Recording No:2011-0553628 Official Records Affects:Parcels 7 and 9 12.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document: Granted to:Southern California Edison Company, a corporation Purpose:Public utilities Recording Date:July 15, 2021 Recording No:2021-0425000, Official Records Affects:A portion of said land as more particularly described in said document. 13.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document: Granted to:Southern California Edison Company, a corporation Purpose:Public utilities Recording Date:January 07, 2022 Recording No:2022-0011775, Official Records Affects:A portion of said land as more particularly described in said document. 14.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document: Granted to:Southern California Edison Company, a corporation Purpose:Temporary construction Recording Date:January 07, 2022 Recording No:2022-0011776, Official Records Affects:A portion of said land as more particularly described in said document. PRELIMINARY REPORT Chicago Title Company YOUR REFERENCE: ORDER NO.: 00189518-993-SD2-CFU EXCEPTIONS (Continued) CLTA Preliminary Report Form – Modified (11/17/06)Page 16 15.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document: Granted to:Southern California Edison Company, a corporation Purpose:Public utilities Recording Date:January 07, 2022 Recording No:2022-0011781, Official Records Affects:A portion of said land as more particularly described in said document. 16.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document: Granted to:Southern California Edison Company, a corporation Purpose:Temporary construction Recording Date:January 07, 2022 Recording No:2022-0011782, Official Records Affects:A portion of said land as more particularly described in said document. 17.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document: Granted to:Southern California Edison Company, a corporation Purpose:Temporary construction Recording Date:January 07, 2022 Recording No:2022-0011785, Official Records Affects:A portion of said land as more particularly described in said document. 18.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document: Granted to:Elsinore Valley Municipal Water District, a public agency of the State of California Purpose:Public utilities Recording Date:June 16, 2022 Recording No:2022-0272766, Official Records Affects:A portion of said land as more particularly described in said document. THE FOLLOWING MATTERS AFFECT PARCELS 12, 13 & 14 OF PARCEL II: (STOCKDALE) 19.An easement for street purposes created by the map of Hoffs First Addition of Terra Cotta City recorded in Book 12, page 568 of Maps, San Diego County and by the map of Terra Cotta City recorded in Book 4, page 212 of Maps, San Diego County. 20.Any facts, rights, interests or claims that may exist or arise by reason of matters, if any, disclosed by that certain Record of Survey filed in Book 88 Page 80. 21.Easement(s) for the purpose(s) shown below and rights incidental thereto as reserved in a document; Purpose:An easement for the exercise of mineral rights Recording Date:September 25, 1979 Recording No:202803, Official Records Affects:Lot 2 PRELIMINARY REPORT Chicago Title Company YOUR REFERENCE: ORDER NO.: 00189518-993-SD2-CFU EXCEPTIONS (Continued) CLTA Preliminary Report Form – Modified (11/17/06)Page 17 22.Easement(s) for the purpose(s) shown below and rights incidental thereto as reserved in a document; Purpose:An easement for the exercise of mineral rights Recording Date:September 25, 1979 Recording No:202805, Official Records Affects:Lots 3 and 4 23.Easement(s) for the purpose(s) shown below and rights incidental thereto as reserved in a document; Purpose:An easement for the exercise of mineral rights Recording Date:November 19, 1979 Recording No:246854, Official Records Affects:Lot 1 24.Easement(s) for the purpose(s) shown below and rights incidental thereto as reserved in a document; Purpose:An easement for the exercise of mineral rights Recording Date:February 8, 1982 Recording No:23097, Official Records Affects:Lots 5, 7 and 9 25.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document: Granted to:City of Lake Elsinore, a municipal corporation Purpose:Street and Public Utility/Drainage Recording Date:December 14, 2011 Recording No:2011-0553628, Official Records Affects:A portion of the Land described herein. 26.33Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document: Granted to:Southern California Edison Company, a corporation Purpose:Public utilities Recording Date:January 07, 2022 Recording No:2022-0011781, Official Records Affects:A portion of said land as more particularly described in said document. 27.34Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document: Granted to:Southern California Edison Company, a corporation Purpose:Temporary construction Recording Date:January 07, 2022 Recording No:2022-0011782, Official Records Affects:A portion of said land as more particularly described in said document. PRELIMINARY REPORT Chicago Title Company YOUR REFERENCE: ORDER NO.: 00189518-993-SD2-CFU EXCEPTIONS (Continued) CLTA Preliminary Report Form – Modified (11/17/06)Page 18 THE FOLLOWING MATTERS AFFECT ALL THE ABOVE PARCELS: 28.35Matters contained in that certain document Entitled:Development Agreement by and between The City of Lake Elsinore and Pacific Clay Products, Inc. Regarding the Development known as Alberhill Villages Recording Date:July 20, 2018 Recording No:2018-0292047, Official Records Reference is hereby made to said document for full particulars. An Assignment and Assumption Agreement dated September 30, 2022, executed by Pacific Clay Products, Inc., a Delaware limited liability company and Alberhill Holdings, LLC, a California limited liability company and recorded on October 3, 2022 as Instrument No. 2022-0416237, of Official Records THE FOLLOWING MATTERS AFFECT PARCELS VII AND VIII: 29.Easement(s) for the purpose(s) shown below and rights incidental thereto as reserved in a document; Reserved by:County of Riverside Purpose:public utilities Recording Date:April 25, 1988 Recording No:108624, Official Records Recording Date:April 27, 1988 Recording No:111896, Official Records Affects:Parcel B 30.Easement(s) for the purpose(s) shown below and rights incidental thereto as reserved in a document; Purpose:An easement for the exercise of mineral rights Recording Date:November 19, 1979 Recording No:246848, Official Records Affects:Parcel C 31.Easement(s) for the purpose(s) shown below and rights incidental thereto as reserved in a document; Reserved by:County of Riverside Purpose:public utilities Recording Date:February 16, 1965 Recording No:17927, Official Records Affects:Parcel H PRELIMINARY REPORT Chicago Title Company YOUR REFERENCE: ORDER NO.: 00189518-993-SD2-CFU EXCEPTIONS (Continued) CLTA Preliminary Report Form – Modified (11/17/06)Page 19 32.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document: Granted to:Santa Ana Watershed Project Authority Purpose:pipeline, ingress and egress Recording Date:March 3, 2008 Recording No:2008-0103469, Official records Affects:Parcel B THE FOLLOWING MATTERS AFFECT PARCEL IX: 33.Easement(s) for the purpose(s) shown below and rights incidental thereto as delineated or as offered for dedication, on the recorded map shown below; Map of:Terra Cotta City recorded in Book 4, Page 212 of Maps, San Diego County records Purpose:Pipelines Affects:That portion of said land as shown on said map 34.Easement(s) for the purpose(s) shown below and rights incidental thereto as reserved in a document; Reserved by:County of Riverside Purpose:Existing and future public utility, public service and drainage facilities and structures Recording Date:February 16, 1965 Recording No:17927, Book 3926, Page 148, Official Records Affects:A portion of said land as more particularly described in said document. 35.An agreement to establish covenants and equitable servitudes between adjoining landowners by and between Anaheim Union Water Company, et al recorded December 21, 1981 as Instrument No. 1981- 234928 Official Records. An amendment to said agreement recorded June 16, 1983 as Instrument No. 1983-120287 Official Records. Reference is hereby made to said document for full particulars. 36.An easement for the purpose shown below and rights incidental thereto as set forth in a document. Purpose:Public utilities Recording Date:March 1, 1990 Recording No:1990-075099, Official Records Affects:That portion of said land as described in the document attached hereto. 37.The terms, covenants and provisions of that certain Development Agreement executed by and between the City of Lake Elsinore and Murdock Alberhill Ranch Limited Partnership recorded September 14, 1993 as Instrument No. 1993-359428 Official Records and the effect of any failure to comply with same. Reference is hereby made to said document for full particulars. PRELIMINARY REPORT Chicago Title Company YOUR REFERENCE: ORDER NO.: 00189518-993-SD2-CFU EXCEPTIONS (Continued) CLTA Preliminary Report Form – Modified (11/17/06)Page 20 38.Easement(s) for the purpose(s) shown below and rights incidental thereto as condemned by an instrument, Entitled:Final Judgment in Condemnation Court:Superior Court of the State of California Case No.:RIC 495874 In favor of:Santa Ana Watershed Project Authority, a public agency Purpose:Temescal Valley Regional Interceptor Easement Recording Date:June 27, 2014 Recording No:2014-0238879, Official Records 39.Matters contained in that certain document Entitled:Drainage Acceptance Agreement and Declaration of Covenants and Easements Running with Land Recording Date:April 9, 2021 Recording No:2021-0224068, Official Records Reference is hereby made to said document for full particulars. 40.An irrevocable offer to dedicate an easement over a portion of said Land for Purpose(s):Public road Recording Date:July 29, 2021 Recording No:2021-0454213, Official Records Affects:A portion of said land as more particularly described in said document. 41.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document: Granted to:Southern California Edison Company Purpose:Temporary construction Recording Date:September 29, 2021 Recording No:2021-0580007, Official Records Affects:That portion of said land as described in the document attached hereto. THE FOLLOWING MATTERS AFFECT PARCEL IX 42.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document: Granted to:California Gas Transmission Company Purpose:Utilities Recording Date:November 15, 1961 Recording No:98559 of Official Records Affects:A portion of said land as more particularly described in said document. PRELIMINARY REPORT Chicago Title Company YOUR REFERENCE: ORDER NO.: 00189518-993-SD2-CFU EXCEPTIONS (Continued) CLTA Preliminary Report Form – Modified (11/17/06)Page 21 43.A deed of trust to secure an indebtedness in the amount shown below, Amount:Not Set Out Dated:August 20, 1987 Trustor/Grantor Timothy J. McCall Trustee:First American Title Insurance Company Beneficiary:Malcom S. Gilbert Defined Benefit and Pension Plan Recording Date:August 28, 1987 Recording No:250918 of Official Records Affects:A portion of the Land described herein. No reconveyance or release of this item appears of record. However, we have reason to believe that it may have been paid, and we will be requesting an examination of prior proceedings by the appropriate entity. If we are able to eliminate this item, we will advise you by way of a supplement to our report. Please be advised that it is not the responsibility of this Company to provide the necessary documentation to determine the viability of the trust deed and no assurance is given that we will be able to eliminate this item. 44.A deed of trust to secure an indebtedness in the amount shown below, Amount:$30,000.00 Dated:August 20, 1987 Trustor/Grantor Timothy J. McCall Trustee:First American Title Insurance Company Beneficiary:Malcom S. Gilbert Defined Benefit and Pension Plan Recording Date:August 28, 1987 Recording No:250919 of Official Records Affects:A portion of the Land described herein. No reconveyance or release of this item appears of record. However, we have reason to believe that it may have been paid, and we will be requesting an examination of prior proceedings by the appropriate entity. If we are able to eliminate this item, we will advise you by way of a supplement to our report. Please be advised that it is not the responsibility of this Company to provide the necessary documentation to determine the viability of the trust deed and no assurance is given that we will be able to eliminate this item. 45.Easement(s) for the purpose(s) shown below and rights incidental thereto as reserved in a document; Reserved by:Southern California Edison Company Purpose:Roads and utilities Recording Date:March 16, 1990 Recording No:96665 of Official Records Affects:A portion of said land as more particularly described in said document. 46.Rights of the public to any portion of the Land lying within the area commonly known as Pierce Street. PRELIMINARY REPORT Chicago Title Company YOUR REFERENCE: ORDER NO.: 00189518-993-SD2-CFU EXCEPTIONS (Continued) CLTA Preliminary Report Form – Modified (11/17/06)Page 22 MATTERS AFFECTING ALL PARCELS: 47.A deed of trust to secure an indebtedness in the amount shown below, Amount:$37,000,000.00 Dated:September 30, 2022 Trustor/Grantor Alberhill Holdings, LLC, a California limited liability company Trustee:Chicago Title Company Beneficiary:Edgewood Mac V LLC, a Delaware limited liability company Recording Date:October 3, 2022 Recording No:2022-0416239, Official Records 48.An assignment of all the moneys due, or to become due as rental, as additional security for the obligations secured by deed of trust shown as item no. 42. Assigned to:Edgewood Mac V LLC, a Delaware limited liability company Recording Date:October 3, 2022 Recording No:2022-0416240, Official Records 49.A financing statement as follows: Debtor:Alberhill Holdings, LLC, a California limited liability company Secured Party:Edgewood Mac V LLC, a Delaware limited liability company Recording Date:October 3, 2022 Recording No:2022-0416241, Official Records 50.Water rights, claims or title to water, whether or not disclosed by the public records. 51.Matters which may be disclosed by an inspection and/or by a correct ALTA/NSPS Land Title Survey of said Land that is satisfactory to the Company, and/or by inquiry of the parties in possession thereof. 52.Any rights of the parties in possession of a portion of, or all of, said Land, which rights are not disclosed by the public records. The Company will require, for review, a full and complete copy of any unrecorded agreement, contract, license and/or lease, together with all supplements, assignments and amendments thereto, before issuing any policy of title insurance without excepting this item from coverage. The Company reserves the right to except additional items and/or make additional requirements after reviewing said documents. PLEASE REFER TO THE “INFORMATIONAL NOTES” AND “REQUIREMENTS” SECTIONS WHICH FOLLOW FOR INFORMATION NECESSARY TO COMPLETE THIS TRANSACTION. END OF EXCEPTIONS PRELIMINARY REPORT Chicago Title Company YOUR REFERENCE: ORDER NO.: 00189518-993-SD2-CFU CLTA Preliminary Report Form – Modified (11/17/06)Page 23 REQUIREMENTS SECTION 1.The Company will require the following documents for review prior to the issuance of any title insurance predicated upon a conveyance or encumbrance from the entity named below: Limited Liability Company:Alberhill Holdings, LLC, a California limited liability company a)A copy of its operating agreement, if any, and all amendments, supplements and/or modifications thereto, certified by the appropriate manager or member. b)If a domestic Limited Liability Company, a copy of its Articles of Organization and all amendments thereto with the appropriate filing stamps. c)If the Limited Liability Company is member-managed, a full and complete current list of members certified by the appropriate manager or member. d)A current dated certificate of good standing from the proper governmental authority of the state in which the entity is currently domiciled. e)If less than all members, or managers, as appropriate, will be executing the closing documents, furnish evidence of the authority of those signing. f)If Limited Liability Company is a Single Member Entity, a Statement of Information for the Single Member will be required. g)Each member and manager of the LLC without an Operating Agreement must execute in the presence of a notary public the Certificate of California LLC (Without an Operating Agreement) Status and Authority form. END OF REQUIREMENTS PRELIMINARY REPORT Chicago Title Company YOUR REFERENCE: ORDER NO.: 00189518-993-SD2-CFU CLTA Preliminary Report Form – Modified (11/17/06)Page 1 INFORMATIONAL NOTES SECTION 1.Note: The policy of title insurance will include an arbitration provision. The Company or the insured may demand arbitration. Arbitrable matters may include, but are not limited to, any controversy or claim between the Company and the insured arising out of or relating to this policy, any service of the Company in connection with its issuance or the breach of a policy provision or other obligation. Please ask your escrow or title officer for a sample copy of the policy to be issued if you wish to review the arbitration provisions and any other provisions pertaining to your Title Insurance coverage. 2.Notice: Please be aware that due to the conflict between federal and state laws concerning the cultivation, distribution, manufacture or sale of marijuana, the Company is not able to close or insure any transaction involving Land that is associated with these activities. 3.Pursuant to Government Code Section 27388.1, as amended and effective as of 1-1-2018, a Documentary Transfer Tax (DTT) Affidavit may be required to be completed and submitted with each document when DTT is being paid or when an exemption is being claimed from paying the tax. If a governmental agency is a party to the document, the form will not be required. DTT Affidavits may be available at a Tax Assessor-County Clerk-Recorder. 4.The following Exclusion(s) are added to preliminary reports, commitments and will be included as an endorsement in the following policies: A.2006 ALTA Owner’s Policy (06-17-06). 6.Defects, liens, encumbrances, adverse claims, notices, or other matters not appearing in the Public Records but that would be disclosed by an examination of any records maintained by or on behalf of a Tribe or on behalf of its members. B.2006 ALTA Loan Policy (06-17-06). 8.Defects, liens, encumbrances, adverse claims, notices, or other matters not appearing in the Public Records but that would be disclosed by an examination of any records maintained by or on behalf of a Tribe or on behalf of its members. 9.Any claim of invalidity, unenforceability, or lack of priority of the lien of the Insured Mortgage based on the application of a Tribe’s law resulting from the failure of the Insured Mortgage to specify State law as the governing law with respect to the lien of the Insured Mortgage. C.ALTA Homeowner’s Policy of Title Insurance (12-02-13) and CLTA Homeowner's Policy of Title Insurance (12-02-13). 10.Defects, liens, encumbrances, adverse claims, notices, or other matters not appearing in the Public Records but that would be disclosed by an examination of any records maintained by or on behalf of a Tribe or on behalf of its members. D.ALTA Expanded Coverage Residential Loan Policy - Assessments Priority (04-02-15). 12.Defects, liens, encumbrances, adverse claims, notices, or other matters not appearing in the Public Records but that would be disclosed by an examination of any records maintained by or on behalf of a Tribe or on behalf of its members. 13.Any claim of invalidity, unenforceability, or lack of priority of the lien of the Insured Mortgage based on the application of a Tribe’s law resulting from the failure of the Insured Mortgage to specify State law as the governing law with respect to the lien of the Insured Mortgage. E.CLTA Standard Coverage Policy 1990 (11-09-18). 7.Defects, liens, encumbrances, adverse claims, notices, or other matters not appearing in the public records but that would be disclosed by an examination of any records maintained by or on behalf of a tribe or on behalf of its members. PRELIMINARY REPORT Chicago Title Company YOUR REFERENCE: ORDER NO.: 00189518-993-SD2-CFU INFORMATIONAL NOTES (Continued) CLTA Preliminary Report Form – Modified (11/17/06)Page 2 8.Any claim of invalidity, unenforceability, or lack of priority of the lien of the insured mortgage based on the application of a tribe’s law resulting from the failure of the insured mortgage to specify state law as the governing law with respect to the lien of the insured mortgage. 5.Note: There are NO conveyances affecting said Land recorded within 24 months of the date of this report. END OF INFORMATIONAL NOTES Ken Cyr & Mark Franklin/en Wire Fraud Alert Page 1 Original Effective Date: 5/11/2017 Current Version Date: 5/11/2017 WIRE0016 (DSI Rev. 12/07/17) TM and © Fidelity National Financial, Inc. and/or an affiliate. All rights reserved Wire Fraud Alert This Notice is not intended to provide legal or professional advice. If you have any questions, please consult with a lawyer. All parties to a real estate transaction are targets for wire fraud and many have lost hundreds of thousands of dollars because they simply relied on the wire instructions received via email, without further verification. If funds are to be wired in conjunction with this real estate transaction, we strongly recommend verbal verification of wire instructions through a known, trusted phone number prior to sending funds. In addition, the following non‐exclusive self‐protection strategies are recommended to minimize exposure to possible wire fraud. NEVER RELY on emails purporting to change wire instructions. Parties to a transaction rarely change wire instructions in the course of a transaction. ALWAYS VERIFY wire instructions, specifically the ABA routing number and account number, by calling the party who sent the instructions to you. DO NOT use the phone number provided in the email containing the instructions, use phone numbers you have called before or can otherwise verify. Obtain the phone number of relevant parties to the transaction as soon as an escrow account is opened. DO NOT send an email to verify as the email address may be incorrect or the email may be intercepted by the fraudster. USE COMPLEX EMAIL PASSWORDS that employ a combination of mixed case, numbers, and symbols. Make your passwords greater than eight (8) characters. Also, change your password often and do NOT reuse the same password for other online accounts. USE MULTI-FACTOR AUTHENTICATION for email accounts. Your email provider or IT staff may have specific instructions on how to implement this feature. For more information on wire‐fraud scams or to report an incident, please refer to the following links: Federal Bureau of Investigation:Internet Crime Complaint Center: http://www.fbi.gov http://www.ic3.gov Chicago Title Company 2365 Northside Drive, Suite 600, San Diego, CA 92108 Phone: (619) 521-3500 ● Fax: (619) 521-3608 Notice of Available Discounts (Rev. 01-15-20)Last Saved: May 19, 2023 by MG MISC0164 (DSI Rev. 03/12/20)Escrow No.: 00189518-993-SD2-CFU Notice of Available Discounts Pursuant to Section 2355.3 in Title 10 of the California Code of Regulations Fidelity National Financial, Inc. and its subsidiaries ("FNF") must deliver a notice of each discount available under our current rate filing along with the delivery of escrow instructions, a preliminary report or commitment. Please be aware that the provision of this notice does not constitute a waiver of the consumer's right to be charged the filed rate. As such, your transaction may not qualify for the below discounts. You are encouraged to discuss the applicability of one or more of the below discounts with a Company representative. These discounts are generally described below; consult the rate manual for a full description of the terms, conditions and requirements for such discount. These discounts only apply to transactions involving services rendered by the FNF Family of Companies. This notice only applies to transactions involving property improved with a one-to-four family residential dwelling. Not all discounts are offered by every FNF Company. The discount will only be applicable to the FNF Company as indicated by the named discount. FNF Underwritten Title Company Underwritten by FNF Underwriters CTC – Chicago Title company CTIC – Chicago Title Insurance Company CLTC – Commonwealth Land Title Company CLTIC - Commonwealth Land Title Insurance Company FNTC – Fidelity National Title Company of California FNTIC – Fidelity National Title Insurance Company FNTCCA - Fidelity National Title Company of California FNTIC - Fidelity National Title Insurance Company TICOR – Ticor Title Company of California CTIC – Chicago Title Insurance Company LTC – Lawyer’s Title Company CLTIC – Commonwealth Land Title Insurance Company SLTC – ServiceLink Title Company CTIC – Chicago Title Insurance Company Available Discounts DISASTER LOANS (CTIC, CLTIC, FNTIC) The charge for a Lender's Policy (Standard or Extended coverage) covering the financing or refinancing by an owner of record, within twenty-four (24) months of the date of a declaration of a disaster area by the government of the United States or the State of California on any land located in said area, which was partially or totally destroyed in the di saster, will be fifty percent (50%) of the appropriate title insurance rate. CHURCHES OR CHARITABLE NON-PROFIT ORGANIZATIONS (CTIC, FNTIC) On properties used as a church or for charitable purposes within the scope of the normal activities of such entities, provided said charge is normally the church's obligation the charge for an owner's policy shall be fifty percent (50%) to seventy percent (70%) of the appropriate title insurance rate, depending on the type of coverage selected. The charge for a lender's policy shall be forty (40%) to fifty percent (50%) of the appropriate title insurance rate, depending on the type of coverage selected. FNF Privacy Statement (Eff. January 1, 2023)Copyright © 2023. Fidelity National Financial, Inc. All Rights Reserved MISC0219 (DSI Rev. 01/16/20213)Page 1 Order No. 00189518-993-SD2-CFU FIDELITY NATIONAL FINANCIAL, INC. PRIVACY NOTICE Effective January 1, 2023 Fidelity National Financial, Inc. and its majority-owned subsidiary companies (collectively, “FNF,” “our,” or “we”) respect and are committed to protecting your privacy. This Privacy Notice explains how we collect, use, and protect personal information, when and to whom we disclose such information, and the choices you have about the use and disclosure of that information. A limited number of FNF subsidiaries have their own privacy notices. If a subsidiary has its own privacy notice, the privacy notice will be available on the subsidiary’s website and this Privacy Notice does not apply. Collection of Personal Information FNF may collect the following categories of Personal Information: •contact information (e.g., name, address, phone number, email address); •demographic information (e.g., date of birth, gender, marital status); •identity information (e.g. Social Security Number, driver’s license, passport, or other government ID number); •financial account information (e.g. loan or bank account information); and •other personal information necessary to provide products or services to you. We may collect Personal Information about you from: •information we receive from you or your agent; •information about your transactions with FNF, our affiliates, or others; and •information we receive from consumer reporting agencies and/or governmental entities, either directly from these entities or through others. Collection of Browsing Information FNF automatically collects the following types of Browsing Information when you access an FNF website, online service, or application (each an “FNF Website”) from your Internet browser, computer, and/or device: •Internet Protocol (IP) address and operating system; •browser version, language, and type; •domain name system requests; and •browsing history on the FNF Website, such as date and time of your visit to the FNF Website and visits to the pages within the FNF Website. Like most websites, our servers automatically log each visitor to the FNF Website and may collect the Browsing Information described above. We use Browsing Information for system administration, troubleshooting, fraud investigation, and to improve our websites. Browsing Information generally does not reveal anything personal about you, though if you have created a user account for an FNF Website and are logged into that account, the FNF Website may be able to link certain browsing activity to your user account. Other Online Specifics Cookies. When you visit an FNF Website, a “cookie” may be sent to your computer. A cookie is a small piece of data that is sent to your Internet browser from a web server and stored on your computer’s hard drive. Information gathered using cookies helps us improve your user experience. For example, a cookie can help the website load properly or can customize the display page based on your browser type and user preferences. You can choose whether or not to accept cookies by changing your Internet browser settings. Be aware that doing so may impair or limit some functionality of the FNF Website. Web Beacons. We use web beacons to determine when and how many times a page has been viewed. This information is used to improve our websites. Do Not Track. Currently our FNF Websites do not respond to “Do Not Track” features enabled through your browser. Links to Other Sites. FNF Websites may contain links to unaffiliated third-party websites. FNF is not responsible for the privacy practices or content of those websites. We recommend that you read the privacy policy of every website you visit. Use of Personal Information FNF uses Personal Information for three main purposes: •To provide products and services to you or in connection with a transaction involving you. •To improve our products and services. •To communicate with you about our, our affiliates’, and others’ products and services, jointly or independently. When Information Is Disclosed We may disclose your Personal Information and Browsing Information in the following circumstances: •to enable us to detect or prevent criminal activity, fraud, material misrepresentation, or nondisclosure; •to affiliated or nonaffiliated service providers who provide or perform services or functions on our behalf and who agree to use the information only to provide such services or functions; FNF Privacy Statement (Eff. January 1, 2023)Copyright © 2023. Fidelity National Financial, Inc. All Rights Reserved MISC0219 (DSI Rev. 01/16/20213)Page 2 Order No. 00189518-993-SD2-CFU •to affiliated or nonaffiliated third parties with whom we perform joint marketing, pursuant to an agreement with them to jointly market financial products or services to you; •to law enforcement or authorities in connection with an investigation, or in response to a subpoena or court order; or •in the good-faith belief that such disclosure is necessary to comply with legal process or applicable laws, or to protect the rights, property, or safety of FNF, its customers, or the public. The law does not require your prior authorization and does not allow you to restrict the disclosures described above. Additionally, we may disclose your information to third parties for whom you have given us authorization or consent to make such disclosure. We do not otherwise share your Personal Information or Browsing Information with nonaffiliated third parties, except as required or permitted by law. We reserve the right to transfer your Personal Information, Browsing Information, and any other information, in connection with the sale or other disposition of all or part of the FNF business and/or assets, or in the event of bankruptcy, reorganization, insolvency, receivership, or an assignment for the benefit of creditors. By submitting Personal Information and/or Browsing Information to FNF, you expressly agree and consent to the use and/or transfer of the foregoing information in connection with any of the above described proceedings. Security of Your Information We maintain physical, electronic, and procedural safeguards to protect your Personal Information. Choices With Your Information Whether you submit Personal Information or Browsing Information to FNF is entirely up to you. If you decide not to submit Personal Information or Browsing Information, FNF may not be able to provide certain services or products to you. For California Residents: We will not share your Personal Information or Browsing Information with nonaffiliated third parties, except as permitted by California law. For additional information about your California privacy rights, please visit the “California Privacy” link on our website (https://fnf.com/pages/californiaprivacy.aspx) or call (888) 413-1748. For Nevada Residents: We are providing this notice pursuant to state law. You may be placed on our internal Do Not Call List by calling FNF Privacy at (888) 714-2710 or by contacting us via the information set forth at the end of this Privacy Notice. For further information concerning Nevada’s telephone solicitation law, you may contact: Bureau of Consumer Protection, Office of the Nevada Attorney General, 555 E. Washington St., Suite 3900, Las Vegas, NV 89101; Phone number: (702) 486-3132; email: aginquiries@ag.state.nv.us. For Oregon Residents: We will not share your Personal Information or Browsing Information with nonaffiliated third parties for marketing purposes, except after you have been informed by us of such sharing and had an opportunity to indicate that you do not want a disclosure made for marketing purposes. For Vermont Residents: We will not disclose information about your creditworthiness to our affiliates and will not disclose your personal information, financial information, credit report, or health information to nonaffiliated third parties to market to you, other than as permitted by Vermont law, unless you authorize us to make those disclosures. For Virginia Residents: For additional information about your Virginia privacy rights, please email privacy@fnf.com or call (888) 714- 2710. Information From Children The FNF Websites are not intended or designed to attract persons under the age of eighteen (18).We do not collect Personal Information from any person that we know to be under the age of thirteen (13) without permission from a parent or guardian. International Users FNF’s headquarters is located within the United States. If you reside outside the United States and choose to provide Personal Information or Browsing Information to us, please note that we may transfer that information outside of your country of residence. By providing FNF with your Personal Information and/or Browsing Information, you consent to our collection, transfer, and use of such information in accordance with this Privacy Notice. FNF Website Services for Mortgage Loans Certain FNF companies provide services to mortgage loan servicers, including hosting websites that collect customer information on behalf of mortgage loan servicers (the “Service Websites”). The Service Websites may contain links to both this Privacy Notice and the mortgage loan servicer or lender’s privacy notice. The sections of this Privacy Notice titled When Information is Disclosed, Choices with Your Information, and Accessing and Correcting Information do not apply to the Service Websites. The mortgage loan servicer or lender’s privacy notice governs use, disclosure, and access to your Personal Information. FNF does not share Personal Information collected through the Service Websites, except as required or authorized by contract with the mortgage loan servicer or lender, or as required by law or in the good-faith belief that such disclosure is necessary: to comply with a legal process or applicable law, to enforce this Privacy Notice, or to protect the rights, property, or safety of FNF or the public. Your Consent To This Privacy Notice; Notice Changes By submitting Personal Information and/or Browsing Information to FNF, you consent to the collection and use of the information in accordance with this Privacy Notice. We may change this Privacy Notice at any time. The Privacy Notice’s effective date will show the FNF Privacy Statement (Eff. January 1, 2023)Copyright © 2023. Fidelity National Financial, Inc. All Rights Reserved MISC0219 (DSI Rev. 01/16/20213)Page 3 Order No. 00189518-993-SD2-CFU last date changes were made. If you provide information to us following any change of the Privacy Notice, that signifies your assent to and acceptance of the changes to the Privacy Notice. Accessing and Correcting Information; Contact Us If you have questions or would like to correct your Personal Information, visit FNF’s Privacy Inquiry Website or contact us by phone at (888) 714-2710, by email at privacy@fnf.com, or by mail to: Fidelity National Financial, Inc. 601 Riverside Avenue Jacksonville, Florida 32204 Attn: Chief Privacy Officer Attachment One – CA (Rev. 05-06-16)Page 1 © California Land Title Association. All rights reserved. The use of this Form is restricted to CLTA subscribers in good standing as of the date of use. All other uses are prohibited. Reprinted under license or express permission from the California Land Title Association. ATTACHMENT ONE (Revised 05-06-16) CALIFORNIA LAND TITLE ASSOCIATION STANDARD COVERAGE POLICY – 1990 EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of this policy and the Company will not pay loss or damage, costs, attorneys' fees or expenses which arise by reason of: 1.(a)Any law, ordinance or governmental regulation (including but not limited to building or zoning laws, ordinances, or regulations) restricting, regulating, prohibiting or relating (i) the occupancy, use, or enjoyment of the land; (ii) the character, dimensions or location of any improvement now or hereafter erected on the land; (iii) a separation in ownership or a change in the dimensions or area of the land or any parcel of which the land is or was a part; or (iv) environmental protection, or the effect of any violation of these laws, ordinances or governmental regulations, except to the extent that a notice of the enforcement thereof or a notice of a defect, lien, or encumbrance resulting from a violation or alleged violation affecting the land has been recorded in the public records at Date of Policy. (b)Any governmental police power not excluded by (a) above, except to the extent that a notice of the exercise thereof or notice of a defect, lien or encumbrance resulting from a violation or alleged violation affecting the land has been recorded in the public records at Date of Policy. 2.Rights of eminent domain unless notice of the exercise thereof has been recorded in the public records at Date of Policy, but not excluding from coverage any taking which has occurred prior to Date of Policy which would be binding on the rights of a purchaser for value without knowledge. 3.Defects, liens, encumbrances, adverse claims or other matters: (a)whether or not recorded in the public records at Date of Policy, but created, suffered, assumed or agreed to by the insured claimant; (b)not known to the Company, not recorded in the public records at Date of Policy, but known to the insured claimant and not disclosed in writing to the Company by the insured claimant prior to the date the insured claimant became an insured under this policy; (c)resulting in no loss or damage to the insured claimant; (d)attaching or created subsequent to Date of Policy; or (e)resulting in loss or damage which would not have been sustained if the insured claimant had paid value for the insured mortgage or for the estate or interest insured by this policy. 4.Unenforceability of the lien of the insured mortgage because of the inability or failure of the insured at Date of Policy, or the inability or failure of any subsequent owner of the indebtedness, to comply with the applicable doing business laws of the state in which the land is situated. 5.Invalidity or unenforceability of the lien of the insured mortgage, or claim thereof, which arises out of the transaction evidenced by the insured mortgage and is based upon usury or any consumer credit protection or truth in lending law. 6.Any claim, which arises out of the transaction vesting in the insured the estate of interest insured by this policy or the transaction creating the interest of the insured lender, by reason of the operation of federal bankruptcy, state insolvency or similar creditors' rights laws. EXCEPTIONS FROM COVERAGE - SCHEDULE B, PART I This policy does not insure against loss or damage (and the Company will not pay costs, attorneys' fees or expenses) which arise by reason of: 1.Taxes or assessments which are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the public records. Proceedings by a public agency which may result in taxes or assessments, or notices of such proceedings, whether or not shown by the records of such agency or by the public records. 2.Any facts, rights, interests, or claims which are not shown by the public records but which could be ascertained by an inspection of the land or which may be asserted by persons in possession thereof. 3.Easements, liens or encumbrances, or claims thereof, not shown by the public records. 4.Discrepancies, conflicts in boundary lines, shortage in area, encroachments, or any other facts which a correct survey would disclose, and which are not shown by the public records. 5.(a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (c) water rights, claims or title to water, whether or not the matters excepted under (a), (b) or (c) are shown by the public records. 6.Any lien or right to a lien for services, labor or material not shown by the public records. CLTA HOMEOWNER'S POLICY OF TITLE INSURANCE (12-02-13) ALTA HOMEOWNER'S POLICY OF TITLE INSURANCE EXCLUSIONS In addition to the Exceptions in Schedule B, You are not insured against loss, costs, attorneys' fees, and expenses resulting from: 1.Governmental police power, and the existence or violation of those portions of any law or government regulation concerning: a.building; b.zoning; c.land use; d.improvements on the Land; e.land division; and f.environmental protection. This Exclusion does not limit the coverage described in Covered Risk 8.a., 14, 15, 16, 18, 19, 20, 23 or 27. 2.The failure of Your existing structures, or any part of them, to be constructed in accordance with applicable building codes. This Exclusion does not limit the coverage described in Covered Risk 14 or 15. 3.The right to take the Land by condemning it. This Exclusion does not limit the coverage described in Covered Risk 17. 4.Risks: a.that are created, allowed, or agreed to by You, whether or not they are recorded in the Public Records; b.that are Known to You at the Policy Date, but not to Us, unless they are recorded in the Public Records at the Policy Date; Attachment One – CA (Rev. 05-06-16)Page 2 © California Land Title Association. All rights reserved. The use of this Form is restricted to CLTA subscribers in good standing as of the date of use. All other uses are prohibited. Reprinted under license or express permission from the California Land Title Association. c.that result in no loss to You; or d.that first occur after the Policy Date - this does not limit the coverage described in Covered Risk 7, 8.e., 25, 26, 27 or 28. 5.Failure to pay value for Your Title. 6.Lack of a right: a.to any land outside the area specifically described and referred to in paragraph 3 of Schedule A; and b.in streets, alleys, or waterways that touch the Land. This Exclusion does not limit the coverage described in Covered Risk 11 or 21. 7.The transfer of the Title to You is invalid as a preferential transfer or as a fraudulent transfer or conveyance under federal bankruptcy, state insolvency, or similar creditors’ rights laws. 8.Contamination, explosion, fire, flooding, vibration, fracturing, earthquake, or subsidence. 9.Negligence by a person or an Entity exercising a right to extract or develop minerals, water, or any other substances. LIMITATIONS ON COVERED RISKS Your insurance for the following Covered Risks is limited on the Owner’s Coverage Statement as follows: For Covered Risk 16, 18, 19, and 21 Your Deductible Amount and Our Maximum Dollar Limit of Liability shown in Schedule A. The deductible amounts and maximum dollar limits shown on Schedule A are as follows: Your Deductible Amount Our Maximum Dollar Limit of Liability Covered Risk 16:1.00% of Policy Amount Shown in Schedule A or $2,500.00 (whichever is less) $ 10,000.00 Covered Risk 18:1.00% of Policy Amount Shown in Schedule A or $5,000.00 (whichever is less) $ 25,000.00 Covered Risk 19:1.00% of Policy Amount Shown in Schedule A or $5,000.00 (whichever is less) $ 25,000.00 Covered Risk 21:1.00% of Policy Amount Shown in Schedule A or $2,500.00 (whichever is less) $ 5,000.00 2006 ALTA LOAN POLICY (06-17-06) EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of this policy, and the Company will not pay loss or damage, costs, attorneys' fees, or expenses that arise by reason of: 1.(a)Any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) restricting, regulating, prohibiting, or relating to (i)the occupancy, use, or enjoyment of the Land; (ii)the character, dimensions, or location of any improvement erected on the Land; (iii)the subdivision of land; or (iv)environmental protection; or the effect of any violation of these laws, ordinances, or governmental regulations. This Exclusion 1(a) does not modify or limit the coverage provided under Covered Risk 5. (b)Any governmental police power. This Exclusion 1(b) does not modify or limit the coverage provided under Covered Risk 6. 2.Rights of eminent domain. This Exclusion does not modify or limit the coverage provided under Covered Risk 7 or 8. 3.Defects, liens, encumbrances, adverse claims, or other matters (a)created, suffered, assumed, or agreed to by the Insured Claimant; (b)not Known to the Company, not recorded in the Public Records at Date of Policy, but Known to the Insured Claimant and not disclosed in writing to the Company by the Insured Claimant prior to the date the Insured Claimant became an Insured under this policy; (c)resulting in no loss or damage to the Insured Claimant; (d)attaching or created subsequent to Date of Policy (however, this does not modify or limit the coverage provided under Covered Risk 11, 13 or 14); or (e)resulting in loss or damage that would not have been sustained if the Insured Claimant had paid value for the Insured Mortgage. 4.Unenforceability of the lien of the Insured Mortgage because of the inability or failure of an Insured to comply with applicable doing-business laws of the state where the Land is situated. 5.Invalidity or unenforceability in whole or in part of the lien of the Insured Mortgage that arises out of the transaction evidenced by the Insured Mortgage and is based upon usury or any consumer credit protection or truth-in-lending law. 6.Any claim, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors’ rights laws, that the transaction creating the lien of the Insured Mortgage, is (a)a fraudulent conveyance or fraudulent transfer, or (b)a preferential transfer for any reason not stated in Covered Risk 13(b) of this policy. 7.Any lien on the Title for real estate taxes or assessments imposed by governmental authority and created or attaching between Date of Policy and the date of recording of the Insured Mortgage in the Public Records. This Exclusion does not modify or limit the coverage provided under Covered Risk 11(b). The above policy form may be issued to afford either Standard Coverage or Extended Coverage. In addition to the above Exclusions from Coverage, the Exceptions from Coverage in a Standard Coverage policy will also include the following Exceptions from Coverage: EXCEPTIONS FROM COVERAGE {Except as provided in Schedule B - Part II,{ t{or T}his policy does not insure against loss or damage, and the Company will not pay costs, attorneys’ fees or expenses, that arise by reason of: Attachment One – CA (Rev. 05-06-16)Page 3 © California Land Title Association. All rights reserved. The use of this Form is restricted to CLTA subscribers in good standing as of the date of use. All other uses are prohibited. Reprinted under license or express permission from the California Land Title Association. {PART I {The above policy form may be issued to afford either Standard Coverage or Extended Coverage. In addition to the above Exclusions from Coverage, the Exceptions from Coverage in a Standard Coverage policy will also include the following Exceptions from Coverage: 1.(a) Taxes or assessments that are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the Public Records; (b) proceedings by a public agency that may result in taxes or assessments, or notices of such proceedings, whether or not shown by the records of such agency or by the Public Records. 2.Any facts, rights, interests, or claims that are not shown by the Public Records but that could be ascertained by an inspection of the Land or that may be asserted by persons in possession of the Land. 3.Easements, liens or encumbrances, or claims thereof, not shown by the Public Records. 4.Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the Land and not shown by the Public Records. 5.(a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (c) water rights, claims or title to water, whether or not the matters excepted under (a), (b), or (c) are shown by the Public Records. 6.Any lien or right to a lien for services, labor or material not shown by the Public Records.} PART II In addition to the matters set forth in Part I of this Schedule, the Title is subject to the following matters, and the Company insures against loss or damage sustained in the event that they are not subordinate to the lien of the Insured Mortgage:} 2006 ALTA OWNER’S POLICY (06-17-06) EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of this policy, and the Company will not pay loss or damage, costs, attorneys' fees, or expenses that arise by reason of: 1.(a)Any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) restricting, regulating, prohibiting, or relating to (i)the occupancy, use, or enjoyment of the Land; (ii)the character, dimensions, or location of any improvement erected on the Land; (iii)the subdivision of land; or (iv)environmental protection; or the effect of any violation of these laws, ordinances, or governmental regulations. This Exclusion 1(a) does not modify or limit the coverage provided under Covered Risk 5. (b)Any governmental police power. This Exclusion 1(b) does not modify or limit the coverage provided under Covered Risk 6. 2.Rights of eminent domain. This Exclusion does not modify or limit the coverage provided under Covered Risk 7 or 8. 3.Defects, liens, encumbrances, adverse claims, or other matters (a)created, suffered, assumed, or agreed to by the Insured Claimant; (b)not Known to the Company, not recorded in the Public Records at Date of Policy, but Known to the Insured Claimant and not disclosed in writing to the Company by the Insured Claimant prior to the date the Insured Claimant became an Insured under this policy; (c)resulting in no loss or damage to the Insured Claimant; (d)attaching or created subsequent to Date of Policy (however, this does not modify or limit the coverage provided under Covered Risk 9 and 10); or (e)resulting in loss or damage that would not have been sustained if the Insured Claimant had paid value for the Title. 4.Any claim, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors’ rights laws, that the transaction vesting the Title as shown in Schedule A, is (a)a fraudulent conveyance or fraudulent transfer; or (b)a preferential transfer for any reason not stated in Covered Risk 9 of this policy. 5.Any lien on the Title for real estate taxes or assessments imposed by governmental authority and created or attaching between Date of Policy and the date of recording of the deed or other instrument of transfer in the Public Records that vests Title as shown in Schedule A. The above policy form may be issued to afford either Standard Coverage or Extended Coverage. In addition to the above Exclusions from Coverage, the Exceptions from Coverage in a Standard Coverage policy will also include the following Exceptions from Coverage: EXCEPTIONS FROM COVERAGE This policy does not insure against loss or damage, and the Company will not pay costs, attorneys’ fees or expenses, that arise by reason of: {The above policy form may be issued to afford either Standard Coverage or Extended Coverage. In addition to the above Exclusions from Coverage, the Exceptions from Coverage in a Standard Coverage policy will also include the following Exceptions from Coverage: 1.(a) Taxes or assessments that are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the Public Records; (b) proceedings by a public agency that may result in taxes or assessments, or notices of such proceedings, whether or not shown by the records of such agency or by the Public Records. 2.Any facts, rights, interests, or claims that are not shown in the Public Records but that could be ascertained by an inspection of the Land or that may be asserted by persons in possession of the Land. 3.Easements, liens or encumbrances, or claims thereof, not shown by the Public Records. 4.Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the Land and that are not shown by the Public Records. 5.(a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (c) water rights, claims or title to water, whether or not the matters excepted under (a), (b), or (c) are shown by the Public Records. 6.Any lien or right to a lien for services, labor or material not shown by the Public Records. } 7.{Variable exceptions such as taxes, easements, CC&R’s, etc. shown here.} Attachment One – CA (Rev. 05-06-16)Page 4 © California Land Title Association. All rights reserved. The use of this Form is restricted to CLTA subscribers in good standing as of the date of use. All other uses are prohibited. Reprinted under license or express permission from the California Land Title Association. ALTA EXPANDED COVERAGE RESIDENTIAL LOAN POLICY – ASSESSMENTS PRIORITY (04-02-15) EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of this policy and the Company will not pay loss or damage, costs, attorneys’ fees or expenses which arise by reason of: 1.(a)Any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) restricting, regulating, prohibiting, or relating to (i)the occupancy, use, or enjoyment of the Land; (ii)the character, dimensions, or location of any improvement erected on the Land; (iii)the subdivision of land; or (iv)environmental protection; or the effect of any violation of these laws, ordinances, or governmental regulations. This Exclusion 1(a) does not modify or limit the coverage provided under Covered Risk 5, 6, 13(c), 13(d), 14 or 16. (b)Any governmental police power. This Exclusion 1(b) does not modify or limit the coverage provided under Covered Risk 5, 6, 13(c), 13(d), 14 or 16. 2.Rights of eminent domain. This Exclusion does not modify or limit the coverage provided under Covered Risk 7 or 8. 3.Defects, liens, encumbrances, adverse claims, or other matters (a)created, suffered, assumed, or agreed to by the Insured Claimant; (b)not Known to the Company, not recorded in the Public Records at Date of Policy, but Known to the Insured Claimant and not disclosed in writing to the Company by the Insured Claimant prior to the date the Insured Claimant became an Insured under this policy; (c)resulting in no loss or damage to the Insured Claimant; (d)attaching or created subsequent to Date of Policy (however, this does not modify or limit the coverage provided under Covered Risk 11, 16, 17, 18, 19, 20, 21, 22, 23, 24, 27 or 28); or (e)resulting in loss or damage that would not have been sustained if the Insured Claimant had paid value for the Insured Mortgage. 4.Unenforceability of the lien of the Insured Mortgage because of the inability or failure of an Insured to comply with applicable doing-business laws of the state where the Land is situated. 5.Invalidity or unenforceability in whole or in part of the lien of the Insured Mortgage that arises out of the transaction evidenced by the Insured Mortgage and is based upon usury, or any consumer credit protection or truth-in-lending law. This Exclusion does not modify or limit the coverage provided in Covered Risk 26. 6.Any claim of invalidity, unenforceability or lack of priority of the lien of the Insured Mortgage as to Advances or modifications made after the Insured has Knowledge that the vestee shown in Schedule A is no longer the owner of the estate or interest covered by this policy. This Exclusion does not modify or limit the coverage provided in Covered Risk 11. 7.Any lien on the Title for real estate taxes or assessments imposed by governmental authority and created or attaching subsequent to Date of Policy. This Exclusion does not modify or limit the coverage provided in Covered Risk 11(b) or 25. 8.The failure of the residential structure, or any portion of it, to have been constructed before, on or after Date of Policy in accordance with applicable building codes. This Exclusion does not modify or limit the coverage provided in Covered Risk 5 or 6. 9.Any claim, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors’ rights laws, that the transaction creating the lien of the Insured Mortgage, is (a) a fraudulent conveyance or fraudulent transfer, or (b) a preferential transfer for any reason not stated in Covered Risk 27(b) of this policy. 10.Contamination, explosion, fire, flooding, vibration, fracturing, earthquake, or subsidence. 11.Negligence by a person or an Entity exercising a right to extract or develop minerals, water, or any other substances.