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LLA-Roger & Jing-Ling Low and Sherman Tuan & Yun Zheng, and Sheng Hwa & Wei Tai-Fen Ho, 22291 & 22311 Janice Ave, APNs 357-01-017 and 357-01-018�,� 032'1 RECORDING REQUESTED BY City of Cupertino WHEN RECORDED MAIL TO City of Cupertino 10300 Torre Avenue Cupertino, CA 95014 NO FEE IN ACCORDANCE WITH GOV. CODE 6103 Illlllulllll Nql I IV 03/07103 16868878 (SPACE ABOVE THIS LINE FOR RECORDER'S USE) LOT LINE ADJUSTMENT, ROGER LOW AND JING-LING LOW, HUSBAND AND WIFE, AS JOINT TENANTS AS TO AN UNDIVIDED 1/3 INTEREST, AND SHERMAN TUAN AND YUN ZHENG, HUSBAND AND WIFE, AS JOINT TENANTS AS TO AN UNDIVIDED 1/3 INTEREST, AND SHENG HWA HO AND WEI TAI-FEN HO, HUSBAND AND WIFE, AS JOINT TENANTS AS TO AN UNDIVIDED 1/3 INTEREST, AS TENANTS IN COMMON (PARCELS 1, 2 AND 3) 22291 AND 22311 JANICE AVENUE, APNS 357-01-017 AND 357-01-018 1-11 r Original For Fast Endorsement -52 t3q5 LOT LINE ADJUSTMENT Property Owner: Roger Low and Jing-Ling Low, husband and wife, as joint tenants as to an undivided 113 interest, and Sherman Tuan and Yun Zheng, husband and wife, as joint tenants as to an undivided 113 interest, and Sheng Hwa Ho and Wei Tai-Fen Ho, husband and wife, as joint tenants as to an undivided 113 interest, as tenants in common (Parcels 1, 2 and 3), 22291 and 22311 Janice Avenue, APNs 357-01-017 and 357-01-018 ACTION BY THE CITY ENGINEER APPROVING A LOT LINE ADJUSTMENT BETWEEN TWO OR MORE ADJACENT PARCELS BE IT RESOLVED BY THE CITY ENGINEER OF THE CITY OF CUPERTINO: A request for a lot line adjustment between Parcels 1, 2 and 3, as designated on the attached plat and descriptions marked Exhibits "A" and "B", and attached hereto, has been submitted by the record owners of the above properties (as shown in Exhibit "C", attached) of the City of Cupertino with the request that an adjustment of lot lines be approved by the City Engineer. The City Engineer hereby finds that the lot line adjustment requested is between two or more adjacent parcels, that the land taken from one of the parcels is added to the adjacent parcel and that a greater number of parcels than originally existed would not be created. Based on the above facts and findings and by the authority of Section 18.08.0101-1 of the City of Cupertino Municipal Code and Section #66412d of the Subdivision Map Act, said lot line adjustment is hereby approved. This lot line adjustment shall be totally null and void without further act of the City of Cupertino, in the event that the change in title interest of ownership (including lien holder interest) is not recorded by Grant Deeds within twelve (12) months from the approved date and/or in the event that any change in title interest of ownership (including lien holder interest) from the specified on the preliminary title report designated on Exhibit "B" and attached hereto, occurs prior to the recordation of the grant deed conveying the real property in conformity to Exhibit "A". Approved this 5`h day of February, , 2003. RALPH A. QUALLS, JR. CITY ENGINEER CITY OF CUPERTINO C.E. # 22046 �4L¢u u Uri EXHIBIT A EXISTING PARCEL ONE The Westerly 80 ft, front and rear measurments of lots 57 and 67, as shown on that certain Map entitled, "Map of Inspiration Point, Monta Vista", which Map was filed for record in the Office of the Recorder of the County of Santa Clara, State of California on April 17, 1917 in Book "P" of Maps, at Page(s) 18. .' Wo. Ct3318 'P: 3-3� . ' OF Cm: EXHIBIT A EXISTING PARCEL TWO All of Lot 66, as shown on that certain Map entitled, "Map of Inspiration Point-Monta Vista", which Map was filed for record in the Office of the Recorder of the County of Santa Clara, State of California on April 11, 1917 in Book "P" of Maps at Page(s) 18. <y . C13318 O L XI EXHIBIT A EXISTING PARCEL THREE All of Lot 58, as shown on that certain Map entitled, "Map of Inspiration Point - Monta Vista", which Map was filed for record in the Office of the Recorder of the County of Santa Clara, State of California, on April 11, 1917 in Book "P" of Maps, at Page(s) 18. OF PROPOSED PARCEL 1 EXHIBIT "A" -DESCRIPTION All that certain real property situated in the City of Cupertino, County of Santa Clara, State of California, being the easterly 60 feet of the westerly 80 feet of Lots 57 and 67 of "Map of Inspiration Point, Monta Vista", filed on April 17, 1917 in Book "P" of Maps at Page 18, Santa Clara County Records, described as follows: Beginning at a point on the northerly line of Janice Avenue, distant thereon N89°51'47"E 20.00 feet from the southwest corner of said Lot 67; Thence parallel wth the westerly line of Lots 57 and 67, N0016'40"E 200.24 feet to the northerly line of Lot 57; Thence along said line N89°51'47"E 60.10 feet; Thence parallel with the centerline of Carmen Road, SO°16'17'W 200.24 feet to the northerly line of Janice Avenue; Thence along said line S89°51'47"W 60.12 feet to the point of beginning. Containing 12,035.9 square feet or 0.2758 an acre, more or less. Refer to EXHIBIT "B",Plat, which is hereby made a part of this description. Date: Oct. 21, 2002 APN: 357-01-17 (portion) c3 � "' 440. C1331a Exa: 3-31- ms OF CV- PROPOSED PARCEL 2 EXHIBIT "A"- DESCRIPTION All that certain real property situated in the City of Cupertino, County of Santa Clara, State of California, being the easterly 40 feet of Lots 58 and 66 and the westerly 20 feet of Lots 57 and 67 of "Map of Inspiration Heights, Monta Vista", filed on April 17, 1917 in Book "P" of Maps at Page 18, Santa Clara County Records, described as follows: Beginning at a point on the northerly line of Janice Avenue, distance thereon N89051'47"E 20.00 feet from the southwest corner of Lot 67; Thence parallel with the westerly line of Lots 58 and 66, N0016140"E 200.24 feet to the northerly line of said Lot 57; Thence along said line and the northerly line of Lot 57 and 58, S89051'47"W 60.00 feet; Thence parallel with said westerly of Lots 57 and 67, S0016'40"W 200.24 feet to the northerly line of Janice Avenue; Thence along said line, N89051'47"E 60.00 feet to the point of beginning. Containing 12,014.1 square feet or 0.2758 of an acre, more or less. Refer to EXHIBIT "B", Plat, which is hereby made a part of this description. Date: Oct. 21, 2002 APN: 357-01-17 (portion) 357-10-18 (portion) PROPOSED PARCEL 3 EXHIBIT "A" -DESCRIPTION All that certain real property situated in the City of Cupertino, County of Santa Clara, State of California, being the westerly 60 feet of Lots 58 and 66 of "Map of Inspiration Point, Monta Vista", filed on April 17, 1917 in Book "P" of Maps at Page 18, Santa Clara County Records, described as follows: Beginning at the southwesterly corner of said Lot 66 on the northerly line of Janice Avenue; Thence along the westerly line of said Lots 58 and 66, NO°16'40'E 200.24 feet to the northwest corner of said lot 58; Thence along the northerly line thereof, N89°51'47"E 60.00 feet; Thence parallel with said westerly line of Lots 58 and 66, S0016'40"W 200.24 ft to the northerly line of Janice Avenue; Thence along said line, S89051'47"W 60.00 feet to the point of beginning. Containing 12,014.1 square feet of 0.2758 of an acre, more or less. Refer to EXHIBIT "B", Plat, which is hereby made a part of this description. Date: Oct. 21, 2002 APN: 357-01-18 (portion) 18 x' ,ExP 3"3 OF G '�E -o- — EjiSt • lot Line -- pro ro5e-J Lof 5'1' Exi 5t. l o t iJur ber E,Y,13t bui(di►'\� F1 -ta be r(-Ornovled 'p4B 10CL. 1 W ��. C1331a� y ;k ExP: `�-31-0 ►��0' 511A7" E 6! -00 60-030 il �I 0 Ni y�l Pc 1. 3 o N N i I� W o � V 1-20 E m's t. Pc L. 2 r 6Q,O9 -y,._ �, O. 00 --� a N80'51'47"F JA N I C E. A !SF, ro c , Q! PTN ri o _ LLl 111 v Q . � °o < x V 7n PTN 2� 4- E Y,4. H 1 (3 1 T ", L3" PLAT OF LOT LIRE ADTUSTMENT LOT5 58 266 & pwrtoN5 OF LOTS s7&G7 OP MAP OF IN5PIRATiaN NEIG14T5 \P' MAP5 PAaE la 5AM TA CL A RA C O U N T �' R GCO R D 5 CITY OF CUPERTIMO, CALIF'OR91A SCALE: I''= 40' Or-T2l 200z EXHIBIT C 0 Fidelity National. Title Company 10300 South DeAnza Blvd., #A • Cupertino, CA 95014-3010 (408) 996-7177 • FAX (408) 252-8029 PRELIMINARY REPORT ESCROW OFFICER: Lori/Ifredericks@fnf.com ORDER NO.: 4011229 TITLE OFFICER: Amy Rubino LOAN NO.: TO: CUPERTINO CONSTRUCTION 10079 SAICH WAY CUPERTINO, CA 95014 ATTN: TERESA WANG SHORT TERM RATE: yes PROPERTY ADDRESS: 22291 JANICE AVENUE, Cupertino, California EFFECTIVE DATE: September 10, 2002, 07:30 A.M. The form of Policy or Policies of title insurance contemplated by this report is: 1 2 3 THE ESTATE OR INTEREST IN THE LAND HEREINAFTER DESCRIBED OR REFERRED TO COVERED BY THIS REPORT IS: A Fee TITLE TO SAID ESTATE OR INTEREST AT THE DATE HEREOF IS VESTED IN: SEE EXHIBIT "TWO" ATTACHED HERETO AND MADE A PART HEREOF THE LAND REFERRED TO IN THIS REPORT IS SITUATED IN THE CITY OF CUPERTINO, IN THE COUNTY OF SANTA CLARA, STATE OF CALIFORNIA, AND IS DESCRIBED AS FOLLOWS: SEE EXHIBIT "ONE" ATTACHED HERETO AND MADE A PART HEREOF CC\CC 09/20/2002 1 Order No. 4011229 EXHIBIT "TWO" Roger Low and Jing-Ling Low, husband and wife, as joint tenants as to an undivided 1 /3 interest, and Sherman Tuan and Yun Zheng, husband and wife, as joint tenants as to an undivided 1 /3 interest, and Sheng Hwa Ho and Wei Tai-Fen Ho, husband and wife, as joint tenants as to an undivided 1 /3 interest, as tenants in common 2 Order No. 4011229 EXHIBIT "ONE" Parcel One: The Westerly 80 feet, front and rear measurements of lots 57 and 67, as shown on that certain Map entitled, "Map of Inspiration Point, Monta Vista", which Map was filed for record in the Office of the Recorder of the County of Santa Clara, State of California on April 17, 1917 in Book "P" of Maps, at Page(s) 18. Parcel Two: All of Lot 66, as shown on that certain Map entitled, "Map of Inspiration Point-Monta vista", which Map was filed for record in the Office of the Recorder of the County of Santa Clara, State of California on April 11, 1917 in Book "P" of Maps, at Page(s) 18. Parcel Three: All of Lot 58, as shown on that certain Map entitled, "Map of Inspiration Point - Monta Vista", which Map was filed for record in the Office of the Recorder of the County of Santa Clara, State of California, on April 11, 1917 in Book "P" of Maps, at Page(s) 18. Assessor's Parcel No: 357-01-017 and 018 3 Order No. 401 1229 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: 2. 3. El Property taxes, including any personal property taxes and any assessments collected with taxes, for the fiscal year 2002-2003, Assessor's Parcel Number 357-01-017. Code Area Number: 13 107 1 st Installment: $210.81 open 2nd Installment: $210.81 open Land: $31,892.00 Improvements: $0.00 Exemption: $ Personal Property: $ Said matter affects Parcel One Property taxes, including any personal property taxes and any assessments collected with taxes, for the fiscal year 2002-2003, Assessor's Parcel Number 357-01-018. Code Area Number: 13 107 1 st Installment: $445.62 open 2nd Installment: $445.62 open Land: $63,794.00 Improvements: $3,494.00 Exemption: $ Personal Property: $ Said matter affects Parcels Two and Three The lien of supplemental taxes, if any, assessed pursuant to the provisions of Chapter 3.5 (Commencing with Section 75) of the Revenue and Taxation code of the State of California. A deed of trust to secure an indebtedness in the amount shown below, and any other obligations secured thereby Amount: $910,000.00 Dated: August 13, 2002 Trustor: Roger Low and Jing-Ling Low, husband and wife, as joint tenants as to an undivided 1 /3 interest, and Sherman Tuan and Yun Zheng, husband and wife, as joint tenants as to an undivided 1 /3 interest, and Sheng Hwa Ho and Wei Tai-Fen Ho, husband and wife, as joint tenants as to an undivided 1 /3 interest, as tenants in common Trustee: Greater Bay Bancorp Beneficiary: Cupertino National Bank and Trust Loan No.: 301099537 Recorded: August 22, 2002, Instrument No. 16433564, of Official Records END OF ITEMS In ITEMS: (Continued) Order No. 4011229 Note 1. The only deeds affecting said land, which recorded within twenty-four (24) months of the date of this report, as are follows: Grantor: Joanne Holman Stine, Administrator of the Estate of Cristoforo Ennio Migliori also known as Cristoforo Migliori, Probate Case Number 109265 Grantee: Roger Low and Jing-Ling Low, husband and wife, as joint tenants as to an undivided 1 /3 interest, and Sherman Tuan and Yun Zheng, husband and wife, as joint tenants as to an undivided 1 /3 interest, and Sheng Hwa Ho and Wei Tai-Fen Ho, husband and wife, as joint tenants as to an undivided 1 /3 interest, as tenants in common Recorded: August 22, 2002, Instrument No. 16433563, of Official Records Note 2. The County of Santa Clara imposes a Monument Preservation fee of $10.00 for the recording of any Deed with a legal description other than an entire lot as shown on recorded final map. Note 3. Your application for title insurance was placed by reference to a street address only. Based on our records, we believe that the description in this report covers the parcel that you requested. To prevent errors and to be certain that the proper parcel of land will appear on the documents and on the policy of title insurance, we require written approval of the legal description in this report be sent to this Company, signed by the parties to the transaction. Note 4. NOTE: The ALTA Homeowner's Policy of Title Insurance (10-17-98) contains specific deductible amounts and specific liability maximums for Covered Risk numbers 14, 15, 16 and 18 of said policy that have been filed and approved by the various Departments of Insurance where the forms have been filed. Please consult with your escrow or title officer if you questions regarding the policy. Note 5. Amended Civil Code Section 2941, which becomes effective on January 1, 2002, sets the fee for the processing and recordation of the reconveyance of each Deed of Trust being paid off through this transaction at $45.00. The reconveyance must be clearly set forth in the Beneficiary's Payoff Demand Statement ("Demand"). In addition, an assignment or authorized release of that fee, from the Beneficiary to the Trustee of record, must be included. Note 6. Section 12413.1, California Insurance Code became effective January 1, 1990. This legislation deals with the disbursement of funds deposited with any title entity acting in an escrow or subescrow capacity. The law requires that all funds be deposited and collected by the title entity's escrow and/or subescrow account prior to disbursement of any funds. Some methods of funding may subject funds to a holding period which must expire before any funds may be disbursed. In order to avoid any such delays, all fundings should be done through wire transfer, certified check or checks drawn on California financial institutions. Note 7. The charge where an order is cancelled after the issuance of the report of title, will be that amount which in the opinion of the Company is proper compensation for the services rendered or the purpose for which the report is used, but in no event shall said charge be less than the minimum amount required under Section 12404.1 of the Insurance Code of the State of California. If the report cannot be cancelled "no fee" pursuant to the provisions of said Insurance Code, then the minimum cancellation fee shall be that permitted by law. ITEMS: (Continued) Order No. 4011229 Note 8. California Revenue and Taxation Code Section 18668, effective January 1, 1991, requires that the buyer in all sales of California Real Estate, wherein the Seller shows an out of State Address, withhold 3-1 /3% of the total sales price as California State Income Tax, subject to the various provisions of the law as therein contained. t-J EXHIBIT A AMERICAN LAND TITLE ASSOCIATION RESIDENTIAL TITLE INSURANCE POLICY (6-1-87) EXCLUSIONS In addition to the Exceptions in Schedule 8, you are not insured against loss, costs, attorneys' fees, and 3.Title Risks: expenses resulting from: • that are created, allowed, or agreed to by you 1. Governmental police power, and the existence or violation of any law or government regulation. This • that are known to you, but not to us, on the Policy Date -unless they appeared in the publ includes building and zoning ordinances and also laws and regulations concerning: records • land use • that result in no loss to you • improvements on the land • that first affect your title after the Policy Date - this does not limit the labor and material lit • land division coverage in Item 8 of Covered Title Risks • environmental protection 4. Failure to pay value for your title. This exclusion does not apply to violations or the enforcement of these matters which appear in the 5. Lack of a right: public records at policy date. • to any land outside the area specifically described and referred to in Item 3 of Schedule A This exclusion does not limit the zoning coverage described in Items 12 and 13 of Covered Title Risks. or 2. The right to take the land by condemning it, unless: • in streets, alleys, or waterways that touch your land • a notice of exercising the right appears in the public records on the Policy Date This exclusion does not limit the access coverage in Item 5 of Covered Title Risks. • the taking happened prior to the Policy Date and is binding on you if you bought the land without knowledge of the taking SCHEDULE B EXCEPTIONS In addition to the Exclusions, you are not insured against loss, costs, attorneys' fees, and the expenses 3. Any facts about the land wNch a correct survey would disclose and which are not shown by the publ resulting from: records. This does not limit the forced removal coverage in item 12 of Covered Title Risks. 1. Any rights, interests, or claims of parties in possession of the land not shown by the public records. 4. Any water rights or claims or title to water in or under the land, whether or not shown by the publ 2. Any easements or liens not shown by the public records. The does not limit the lien coverage in Item records. 8 of Covered Title Risks. 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 wise by reason of: 1. (a) Any law, ordinance or governmental regulation (including but not limited to building and zoning laws, ordinances, w regulations) restricting, regulating, prohibiting w relating (i) the occupancy, use, or enjoyment of the land; (ii) the character, dimensions or location of any improvement now m hereafter erected on the land; (iii) a separation in ownership or a change in the dimensions or was of the land w any parcel of winch the land is or was a part; or (iv) environmental protection, w 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 cr 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 a notice of a defect, lien cr 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, w other matters: (a) whether or not recorded in the public records at Date of Policy, but created, suffered, assumed 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 It insured claimant and not disclosed in writing to the Company by the insured claimant prim to the da the insured claimant became an insured under this policy; (c) resulting in rho lose or damage to the insured claimant; (d) sttachng or created subsequent to Date of Policy; or (a) resulting in lose or damage which would not have been sustained if the insured claimant had pa value for the insured mortgage or for the estate or interest insured by this policy. Unenfwceability of the lien of the insured mortgage because of the inability or failure of the insured Date of Policy, m the inability or failure of any subsequent owner of the indebtedness, to comply wig the applicable doing business laves of the state in which the land is situated. Invalidity w unenforceability of the lien of the insured mortgage, or claim thereof, which arises out the transaction evidenced by the insured mortgage and is based upon usury m any consumer crec protection or truth in lending law. Any claim, winch arises cut of the transaction vesting in the insured the estate of interest insured t this policy or the transaction creating the interest of the insured lender, by reason of the operation federal bankruptcy, state insolvency or similar creditors' rights laws. SCHEDULE B, PART I EXCEPTIONS FROM COVERAGE TNs policy does not insure against loss or damage (arid the Company will not pay costs, attorneys' fees or expenses) which arise by reason of: PART 1 1. Taxes or assessments which we not shown as existing liens by the records of any taxing authority that 3. Easements, liens or encumbrances, or claims thereof, which we not shown by the public records. levies taxes or assessments on red property m by the public records. Proceedings by a pudic agency 4. Discrepancies, conflicts in boundary lines, shortage in was, encroachments, or any other facts whit which may result in taxes or assessments, or notices of such proceedings, whether or not shown by a correct survey would disclose, and which we not shown by the public records. the records of such agency m by the public records. 5. (a) Unpatented miring claims; (b) reservations w exceptions in patents or in Acts authorizing tt 2. Any facts, rights, interests or claims which we riot shown by the public records but which could be issuance thereof; (c) water rights, claims or title to water, whether w not the matters excepted and ascertained by an inspection of the land or which may be asserted by persons in possession thereof. (a), (b), or (c) are shown by the public records. EXHIBIT A (CONTINUED) AMERICAN LAND TITLE ASSOCIATION LOAN POLICY (10-17-92) WITH A.L.T.A. ENDORSEMENT -FORM 1 COVERAGE AND AMERICAN LAND TITLE ASSOCIATION LEASEHOLD LOAN POLICY (10-17-92) WITH A.L.T.A. ENDORSEMENT -FORM 1 COVERAGE 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 and zoning lays, ordinances, or regulations) restricting, regulating, prohibiting or relating to Ill 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 of 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 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 Data 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 prim to Date of Policy which would be binding on the rights of a purchaser for value without knowledge. 3. Defects, liens, encumbrances, adverse claims, m 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 prim to the date the insured claimant became an insured under this policy; (c) resulting in no lose or damage to the insured claimant; (d) attaching or created subsequent to Date of Policy (except to the extent that this policy insures the priority of the lien of the insured mortgage over any statutory lien for services, labor a material or to the extent insurance is afforded herein as to assessments for street improvements under construction or completed at Date of Policy); or (a) resulting in loss or damage which 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 the insured a Date of Policy, or the inability or failure of any subsequent owner of the indebtedness, to comply Witt 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 o the transaction evidenced by the insured mortgage and is based upon usury m any consumer crecii, protection or truth in lending law. 6. Any statutory lien for services, labor or materials (or the claim of priority of any statutory lien fo services, labor a materials over the lien of the insured mortgage) arising from an improvement or worl related to the land which is contracted for and commenced subsequent to Data of Policy and is no financed in whole or in part by proceeds of the indebtedness secured by the insured mortgage whict at Date of Policy the insured has advanced or is obligated to advance. 7. Any claim, which arises out of the transaction creating the interest of the mortgagee insured by thvt policy, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors' right, laws, that is based on: (i) the transaction creating the interest of the insured mortgagee being deemed a fraudulent conveyanct or fraudulent transfer; or (ii) the subordination of the interest of the insured mortgagee as a result of the application of th, doctrine of equitable subordination; or (iii) the transaction creating the interest of the insured mortgagee being deemed a preferential transfe except where the preferential transfer results from the failure: (a) to timely record the instrument of transfer; or (b) of such recordation to impart notice to a purchaser for value or a judgement or lien creditor. AMERICAN LAND TITLE ASSOCIATION OWNER'S POLICY (10-17-92) AND AMERICAN LAND TITLE ASSOCIATION LEASEHOLD OWNER'S POLICY (10-17-92) EXCLUSIONS FROM COVERAGE The following matters we 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 a governmental regulation (including but not limited to building and zoning laws, ordinances, or regulations) restricting, regulating, prohibiting or relating to W the occupancy, use, m 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 was of the land or any parcel of which the land is or was a part; or liv) environmental protection, or the effect of any vitiation 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 a a notice of a defect, lien or encumbrance resulting from a violation m 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 prim 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) 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 th, insured claimant and not disclosed in writing to the Company by the insured claimant prior to the dam the insured claimant became an insured under this policy; (c) resulting in no loss or damage to the insured claimant; (d) attach mg 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 pair value for the estate or interest insured by this policy. Any claim, which arises out of the transaction vesting in the insured the estate or interest insured b, this policy, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors rights law., that is based on: (i) the transaction creating the estate or interest insured by this policy being deemed a fraudulen conveyance or fraudulent transfer; or (ii) the transaction creating the estate or interest insured by this policy being deemed a meforentia transfer except where the preferential transfer results from the failure: (a) to timely record the instrument of transfer; or (b) of such recordation to impart notice to a purchaser for value or a judgement or lien creditor. The above ALTA policy forms 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 General Exceptions: EXCEPTIONS FROM COVERAGE This policy does not insure against lose 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 3. Easements, liens or encumbrances, or claims thereof, which we not shown by the public records. levies taxes or assessments on real Property or by the public records. Proceedings by a public agency 4. Discrepancies, conflicts in boundary lines, shortage in was, encroachments, or any other facts whvcl which may result in taxes or assessments, or notices of such proceedings, whether or not shown by a correct survey would disclose, and which we not shown by the public records. the records of such agency or by the public records. 5. (a) Unpatented miring claims; (b) reservations or exceptions in patents a in Acts authorizing thv 2. Any facts, rights, interests a claims which are not shown by the public records but which could be issuance thereof; (c) water rights, claims or title to water, whether or not the matters excepted undo ascertained by an inspection of the land or by making inquiry of persons in possession thereof. (a), (b) or (c) are shown by the public records. EXHIBIT A (CONTINUED) CLTA HOMEOWNER'S POLICY OF TITLE INSURANCE (6-2-98) ALTA HOMEOWNER'S POLICY OF TITLE INSURANCE (10-17-98) 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 any law or government regulation. This includes ordinances, laws and regulations concerning: a. building b. zoning c. Land use d. improvements on Land e. Land division I. environmental protection This Exclusion does not apply to violations or the enforcement of these matters if notice of the violation or enforcement appears in the Public Records at the Policy Date. This Exclusion does not limit the coverage described in Covered Risk 14, 15, 16, 17 or 24. 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 apply to violations of building codes if notice of the violation appears in the Public Records at the Policy Date. 3. The right to take the Land by condemning it, unless: a. notice of exercising the right appears in the Public Records at the Policy Date; or b. the taking happened before the Policy Date and is binding on You if You bought the Land without Knowing of the taking. 4. Risks: a. that we created, allowed, or agreed to by You, whether or not they appear in the Public Records b. that are Known to You at the Policy Date, but not to Us, unless they appear in the Public Record at the Policy Date; G. 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 Ris 7, 84 22, 23, 24 or 25. 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 18. RESIDENTIAL TITLE INSURANCE POLICY ONE -TO -FOUR FAMILY RESIDENCE ENHANCED VERSION (1997) EXCLUSIONS In addition to the Exceptions in Schedule B, you ore not insured against lose, costa, attorneys' fees, and expenses resulting from: 1. Governmental police power, and the existence or violation of any law or government regulation. This includes building and zoning ordinances and also laws and regulations concerting: a. land use; b. improvements on the land; C. land divisions; or d. environmental protection. This exclusion does not apply to violations or the enforcement of these matters which appear in the public records at Policy Date. This exclusion does not limit the coverage described in Item 12c and'd, 13 and 18 of Covered Title Risks. 2. The right to take the land by condemning it, unless: a. a notice of exercising the right appears in the public records on the Policy Date; m b. the taking happened prior to the Policy Date and is binding on you if you bought the land without knowing of the taking. 3. Title Risks: 9. that are created, allowed, or agreed to by you; b. that we known to you, but not to us, on the Policy Date - unless they -appeared in the public records; C. that result in no loss to you; or d. that first affect your title after the Policy Date - this does not limit the coverage described in Item 3b, 8, 17 and 19 of Covered Title Risks. _ 4. Failure to pay value for your title. 5. Lack of a right: (a) to any land outside the area specifically described and referred to in Item 3 c Schedule A or (bl in streets, alleys, or waterways that touch your land. This exclusion does not limit the coverage described in Items 5 and 12e of the Covered Title Risks. Fidelity National Financial Group of Companies' Privacy Statement July 1, 2001 We recognize and respect the privacy expectations of today's consumers and the requirements of applicable federal and state privacy laws. We believe that making you aware of how we use your non-public personal information ("Personal Information"), and to whom it is disclosed, will form the basis for a relationship of trust between us and the public that we serve. This Privacy Statement provides that explanation. We reserve the right to change this Privacy Statement from time to time consistent with applicable privacy laws. In the course of our business, we may collect Personal Information about you from the following sources: • From applications or other forms we receive from you or your authorized representative; • From your transactions with, or from the services being performed by, us, our affiliates, or others; • From our internet web sites; • From the public records maintained by governmental entities that we either obtain directly from those entities, or from our affiliates or others; and • From consumer or other reporting agencies. Our Policies Regarding the Protection of the Confidentiality and Security of Your Personal Information We maintain physical, electronic and procedural safeguards to protect your Personal Information from unauthorized access or intrusion. We limit access to the Personal Information only to those employees who need such access in connection with providing products or services to you or for other legitimate business purposes. Our Policies and Practices Regarding the Sharing of Your Personal Information We may share your Personal Information with our affiliates, such as insurance companies, agents, and other real estate settlement service providers. We also may disclose your Personal Information: • to agents, brokers or representatives to provide you with services you have requested; • to third -party contractors or service providers who provide services or perform marketing or other functions on our behalf; and • to others with whom we enter into joint marketing agreements for products or services that we believe you may find of interest. In addition, we will disclose your Personal Information when you direct or give us permission, when we are required by law to do so, or when we suspect fraudulent or criminal activities. We also may disclose your Personal Information when otherwise permitted by applicable privacy laws such as, for example, when disclosure is needed to enforce our rights arising out of any agreement, transaction or relationship with you. One of the important responsibilities of some of our affiliated companies is to record documents in the public domain. Such documents may contain your Personal Information. Right to Access Your Personal Information and Ability to Correct Errors or Request Changes or Deletion Certain states afford you the right to access your Personal Information and, under certain circumstances, to find out to whom your Personal Information has been disclosed. Also, certain states afford you the right to request correction, amendment or deletion of your Personal Information. We reserve the right, where permitted by law, to charge a reasonable fee to cover the costs incurred in responding to such requests. All requests must be made in writing to the following address: Privacy Compliance Officer Fidelity National Financial, Inc. 4050 Calle Real, Suite 220 Santa Barbara, CA 93110 Multiple Products or Services If we provide you with more than one financial product or service, you may receive more than one privacy notice from us. 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