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<br />ALTA Owner's Policy (6-17-06)
<br />OWNER'S POLICY OF TITLE INSURANCE ISSUED BY
<br />E stewart
<br />r --We guaranty company
<br />Any notice of claim and any other notice or statement In writing required to be given to the Comparry under this Policy must be
<br />given to the Company at the address shown in Section IS of the Conditions.
<br />COVERED RISKS
<br />SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE EXCEPTIONS FROM COVERAGE CONTAINED IN SCHEDULE B, AND THE
<br />CONDITIONS, STEWART TITLE GUARANTY COMPANY, a Texas corporation (the "Company") insures, as of Date of Policy and, to the
<br />extent stated in Covered Risks 9 and 10, after Date of Policy, against loss or damage, not exceeding the Amount of Insurance, sustained or
<br />incurred by the Insured by reason of.
<br />1. Title being vested other than as stated in Schedule A.
<br />2. Any defect in or lien or encumbrance on the Title. This Covered Risk includes but is not limited to insurance against loss from
<br />(a) A defect in the Title caused by
<br />(i) forgery, fraud, undue influence, duress, incompetency, incapacity, or impersonation;
<br />(ii) failure of any person or Entity to have authorized a transfer or conveyance;
<br />(iii) a document affecting Title not property created, executed, witnessed, sealed, acknowledged, notarized, or delivered;
<br />(iv) failure to perform those acts necessary to create a document by electronic means authorized by law;
<br />(v) a document executed under a falsified, expired, or otherwise invalid power of attorney;
<br />(vi) a document not properly filed, recorded, or indexed in the Public Records including failure to perform those acts by electronic
<br />means authorized by law; or
<br />(vii) a defective judicial or administrative proceeding.
<br />(b) The lien of real estate taxes or assessments imposed on the Title by a governmental authority due or payable, but unpaid.
<br />(c) Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be disclosed by an
<br />accurate and complete land survey of the Land. The term "encroachment" includes encroachments of existing improvements
<br />located on the Land onto adjoining land, and encroachments onto the Land of existing improvements located on adjoining land.
<br />3. Unmarketable Title.
<br />4. No right of access to and from the Land.
<br />5. The violation or enforcement of any law, ordinance, permit, or governmental regulation (including those relating to building and zoning)
<br />restricting, regulating, prohibiting, or relating to
<br />(a) the occupancy, use, or enjoyment of the Land;
<br />(b) the character, dimensions, or location of any improvement erected on the Land;
<br />(c) the subdivision of land; or
<br />(d) environmental protection
<br />if a notice, describing any part of the Land, is recorded in the Public Records setting forth the violation or intention to enforce, but only
<br />to the extent of the violation or enforcement referred to in that notice.
<br />6. An enforcement action based on the exercise of a governmental police power not covered by Covered Risk 5 If a notice of the
<br />enforcement action, describing any part of the Land, is recorded in the Public Records, but only to the extent of the enforcement
<br />referred to in that notice.
<br />7. The exercise of the rights of eminent domain if a notice of the exercise, describing any part of the Land, is recorded in the Public Records.
<br />8. Any taking by a governmental body that has occurred and is binding on the rights of a purchaser for value without Knowledge.
<br />.t a wadt
<br />Ch®im,en d the B." "' ` - M` `e Pie.der4
<br />t 0
<br />Ai
<br />Aur lI Counte ure
<br />Land Title. tnc.
<br />Company
<br />Roseville, Minnesota _
<br />City, State
<br />Pky of
<br />Pool0-9301-003364251
<br />Sena[ Nn.
<br />ALTA Owner's Policy (6117106)
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