4.5. SR 10-16-2017 - Laserfiche WebLink

Home Browse Search

First American Title Insurance Company 2006 ALTA Plain Language Commitment Schedule B Commitment Page 9 Commitment File No.: 1468049 SCHEDULE B - SECTION II (CONTINUED) EXCEPTIONS FROM COVERAGE Any policy we issue will have the following exceptions unless they are taken care of to our satisfaction. 1. Owner's Covered Risk No. 2(c), which reads as follows, is hereby deleted: (c) 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. The term "encroachment" includes encroachments of existing improvements located on the Land onto adjoining land, and encroachments onto the Land of existing improvements located on adjoining land. 2. Owner's Covered Risk No. 10, which reads as follows, is hereby deleted: Any defect in or lien or encumbrance on the Title or other matter included in Covered Risks 1 through 9 that has been created or attached or has been filed or recorded in the Public Records subsequent to Date of Policy and prior to the recording of the deed or other instrument of transfer in the Public Records that vests Title as shown in Schedule A. 3. Defects, liens, encumbrances, adverse claims or other matters, if any, created, first appearing in the public records or attaching subsequent to the Effective Date but prior to the date the proposed Insured acquires for value of record the estate or interest or mortgage thereon covered by this Commitment. 4. Any encroachment, measurement, party walls, or other facts which a correct survey of the premises would show. 5. Rights or claims of parties in possession not shown by the public records. 6. Easements, or claims of easements, not shown by the Public Records. 7. Any lien, or right to lien, for services, labor, or material heretofore or hereafter furnished, imposed by law and not shown by the Public Records. 8. All assessments and taxes due and payable in 2017, and thereafter. 9. No coverage is provided for municipal code compliance matters and fees, including, but not limited to, utilities, water, or sewer services, or fees for tree, weed, grass and snow or garbage removal, police boarding, vacant building registration and zoning. 10. Any and all connection, hook-up, nuisance, and/or condemnation charges. 11. Tenancy rights, either as month to month, or by virtue of written leases of persons in possession of any part of the subject property. 12. Right of the County of Sherburne to limit access to C.S.A.H. No. 33 as shown on the Plat of Trace Heights. 13. An easement for transmission line purposes to The Rural Cooperative Power Association in the document recorded February 28, 1953 as 79570 in Book Q of Misc., page 489 of Official Records.