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File No: 222532191
<br />SCHEDULE B
<br />At the date hereof Exceptions to coverage in addition to the printed exceptions and exclusions in said
<br />policy form would be as follows:
<br />A. Property taxes, which are a lien not yet due and payable, including any assessments collected with
<br />taxes to be levied for the fiscal year 2022-2023.
<br />B. The lien of supplemental or escaped assessments of property taxes, if any, made pursuant to the
<br />provisions of Chapter 3.5 (commencing with Section 75) or Part 2, Chapter 3, Articles 3 and 4,
<br />respectively, of the Revenue and Taxation Code of the State of California as a result of the transfer
<br />of title to the vestee named in Schedule A or as a result of changes in ownership or new
<br />construction occurring prior to Date of Policy.
<br />1. Covenants, conditions, or restrictions, if any, appearing In the Public Records; however, this policy
<br />insures against loss or damage arising from:
<br />(a) the violation of those covenants, conditions, or restrictions on or prior to Date of Policy;
<br />(b) a forfeiture or reversion of Title from a future violation of those covenants, conditions, or
<br />restrictions, including those relating to environmental protection; and
<br />(c) provisions in those covenants, conditions, or restrictions, including those relating to
<br />environmental protection, under which the lien of the Insured Mortgage can be extinguished,
<br />subordinated, or impaired.
<br />As used In paragraph 2(a), the words "covenants, conditions, or restrictions" do not refer to or
<br />include any covenant, condition, or restriction (a) relating to obligations of any type to perform
<br />maintenance, repair or remediation on the Land, or (b) pertaining to environmental protection of
<br />any kind or nature, Including hazardous or toxic matters, conditions, or substances, except to the
<br />extent that a notice of a violation or alleged violation affecting the Land has been recorded or filed
<br />in the Public Records at Date of Policy and is not referenced in an addendum attached to this
<br />policy.
<br />2. Any easements or servitudes appearing in the Public Records; however, this policy insures against loss
<br />or damage arising from (a) the encroachment, at Date of Policy, of the improvements on any
<br />easement, and (b) any interference with or damage to existing improvements, including lawns,
<br />shrubbery, and trees, resulting from the use of the easements for the purposes granted or reserved.
<br />3. Any lease, grant, exception, or reservation of minerals or mineral rights or other subsurface
<br />substances appearing in the Public Records; however, this policy insures against loss or damage
<br />arising from (a) any effect on or impairment of the use of the Land for residential one -to -four family
<br />dwelling purposes by reason of such lease, grant, exception or reservation of minerals or mineral
<br />rights or other subsurface substances, and (b) any damage to existing improvements, including lawns,
<br />shrubbery, and trees, resulting from the future exercise of any right to use the surface of the Land for
<br />the extraction or development of the minerals or mineral rights or other subsurface substances so
<br />leased, granted, excepted, or reserved. Nothing herein shall insure against loss or damage resulting
<br />from contamination, explosion, fire, fracturing, vibration, earthquake or subsidence.
<br />4. The search did not disclose any open mortgages or deeds of trust of record, therefore the Company
<br />reserves the right to require further evidence to confirm that the property is unencumbered, and
<br />further reserves the right to make additional requirements or add additional items or exceptions upon
<br />receipt of the requested evidence.
<br />CLTA Preliminary Report Form - Modified (11-17-06)
<br />Page 4
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