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G SE UNION <br />J Title <br />Form No. 12000 <br />SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE EXCEPTIONS FROM COVERAGE CON- <br />TAINED IN SCHEDULE B AND THE CONDITIONS AND STIPULATIONS, SECURI UNION TITLE <br />INSURANCE COMPANY, a California corporation, herein called the Company, insures, f Date of Policy <br />shown in Schedule A, against loss or damage, not exceeding the Amount of Insuran stat = !in Schedule A, <br />sustained or incurred by the insured by reason of: <br />I Title to the estate or interest described in Schedule A being vested other than a. <br />2- Any defect in or lien or encumbrance on the title; <br />3. Unmarketahility of the title; <br />4. Lack of a right of access to and from the land: <br />5. The invalidity or unenforceability of the lien of the ins Edmortg'age upon the title; <br />h. <br />7 <br />8. Any assessmc� <br />now have g <br />9 <br />material: <br />SECURITY UNION TITLE INSIJRANCE COMPANY <br />(a) arising from an improvement <br />prior to Date of Policy; or <br />(b) arising from an improvement <br />subsequent to Date of Policy <br />indebtedness secured by the insure <br />or is obligated to advance; <br />Issued by: <br />SANTA CLARA <br />LAND TITLE COMPANY <br />3235 Kearney St. - Suite 140 <br />Fremont, CA 94538 <br />• 415) 659 <br />ALTA LOAN POLICY (10- 21 -87) <br />WITH ALTA ENDORSEMENT —FORM 1 COVERAGE <br />POLICY OF TITLE INSURANCE <br />BY: <br />BY: <br />The priority of any lien or encumbrance over the lien of the+i mortgage; <br />Lack of priority of the lien of the insured mortgage over any7.tatutory lien for services, labor or <br />ed to the land which is contracted for or commenced <br />to the land which is contracted for or commenced <br />s financed in whole or in part by proceeds of the <br />tgage which at Date of Policy the insured has advanced <br />reet improvements under construction or completed at Date of Policy which <br />ter may gain priority over the lien of the insured mortgage: <br />The invalid) - r unenfq ability of any assignment of the insured mortgage, provided the assign- <br />ment is show it 'hedul A, or the failure of the assignment shown in Schedule A to vest title to the <br />insured mortgag '&inithe named insured assignee free and clear of all liens. <br />The Company will also pay the costs, attorneys' fees and expenses incurred in defense of the title or the lien of <br />the insured mortgage, as insured, but only to the extent provided in the Conditions and Stipulations. <br />SECURITY UNION TITLE INSURANCE COMPANY <br />r6 /1 <br />President <br />Secretary <br />