2020-07-09 DP Mobile Home Park - Title Report (Stewart Title)Order No.: 578442
Preliminary Report
Page 1 of 8
Kathy Crawford
Title Officer
Stewart Title of California, Inc.
11870 Pierce St, Ste 100
Riverside, CA 92505
Phone: (951) 276-2700
Fax: (951) 346-3395
kcrawfor@stewart.com
PRELIMINARY REPORT
Order No.:578442
Your File No.:
Buyer/Borrower Name:
Seller Name:Chin Family Properties, Limited Partnership
Property Address: 600-030-010, 46400 Dune Palms Road, La Quinta, CA 92253
In response to the above referenced application for a Policy of Title Insurance, Stewart Title of California,
Inc. hereby reports that it is prepared to issue, or cause to be issued, as of the date hereof, a Stewart
Title Guaranty Company Policy or Policies of Title Insurance describing the land and the estate or interest
therein hereinafter set forth, insuring against loss which may be sustained by reason of any defect, lien or
encumbrance not shown or referenced to as an Exception on Schedule B or not excluded from coverage
pursuant to the printed Schedules, Conditions, and Stipulations of said Policy forms.
The printed Exceptions and Exclusions from the coverage and Limitations on covered Risks of said policy
or policies are set forth in Exhibit A attached. The policy to be issued may contain an arbitration clause.
When the Amount of Insurance is less than that set forth in the arbitration clause, all arbitrable matters
shall be arbitrated at the option of either the Company or the Insured as the exclusive remedy of the
parties. Limitations on Covered Risks applicable to the CLTA and ALTA Homeowner’s Policies of Title
Insurance which establish a Deductible Amount and a Maximum Dollar Limits of Liability for certain
coverages are also set forth in Exhibit A. Copies of the policy forms should be read. They are available
from the office which issued this report.
Please read the exceptions shown or referred to below and the exceptions and exclusions set forth in
Exhibit A of this report carefully. The exceptions and exclusions are meant to provide you with notice of
matters, which are not covered under the terms of the title insurance policy and should be carefully
considered.
It is important to note that this preliminary report is not a written representation as to the condition of title
and may not list all liens, defects, and encumbrances affecting title to the land.
This report, (and any supplements or amendments thereto) is issued solely for the purpose of facilitating
the issuance of a policy of title insurance and no liability is assumed hereby. If it is desired that liability be
assumed prior to the issuance of a policy of title insurance a binder or commitment should be requested.
Dated as of July 9, 2020 at 8:00AM
When replying, please contact: Kathy Crawford, Title Officer
Stewart Title of California, Inc.
11870 Pierce St, Ste 100
Riverside, CA 92505
(951) 276-2700
kcrawfor@stewart.com
Order No.: 578442
Preliminary Report
Page 2 of 8
PRELIMINARY REPORT
The form of Policy of Title Insurance contemplated by this report is:
☒ CLTA Standard Coverage Policy
☐ CLTA/ALTA Homeowners Policy
☐ 2006 ALTA Owner's Policy
☒ 2006 ALTA Loan Policy
☐ ALTA Short Form Residential Loan Policy
☐
SCHEDULE A
The estate or interest in the land hereinafter described or referred to covered by this report is:
Fee
Title to said estate or interest at the date hereof is vested in:
Chin Family Properties Limited Partnership, a California Limited Partnership
Order No.: 578442
Preliminary Report
Page 3 of 8
LEGAL DESCRIPTION
The land referred to herein is situated in the State of California, County of Riverside, City of La
Quinta and described as follows:
Parcel 1:
Beginning at a point 660 feet South of the Northwest corner of the Northeast quarter of Section 29,
Township 5 South , Range 7 East, San Bernardino Base and Meridian;
Thence South 660 feet;
Thence East 660 feet to a point 1320 feet South of the northerly boundary line of said section;
Thence North 660 feet to appoint 660 feet South of the said northerly boundary line;
Thence 660 feet West to the Point of Beginning.
Excepting therefrom the right of way of the Coachella Valley Storm Water District, as acquired by said
District by Decree of Condemnation recorded October 6, 1923 in Book 591, Page(s) 223 of Deeds in the
office of the County Recorder of the County of Riverside, State of California.
Also excepting therefrom a right of way for public highway and public utility purposes over the westerly
rectangular 30 feet of said property as conveyed to the County of Riverside by deed recorded May 24,
1938 in Book 122, Page(s) 376 of Official Records of Riverside County, California. Said property is also
shown by map of Record of Survey on file in Book 8, Page(s) 14 of Records of Survey in the Office of the
County Recorder of the County of Riverside, State of California.
Also except that portion as described in the deed to the County of Riverside, recorded July 1, 1969 as
Instrument No. 66907 of Official Records.
Parcel 2:
The West half of the Southwest quarter of the Northeast quarter of Section 29, Township 5 South, Range
7 East, San Bernardino Base and Meridian, lying North of the Coachella Valley Storm Water District right
of way, containing five acres more or less and described as follows:
Beginning 1320 feet South of the Northwest corner of the West quarter of the Northeast quarter of
Section 29, Township 5 South, Range 7 East, San Bernardino Base and Meridian thence South 330 feet;
Thence 660 feet East;
Thence 330 feet North to a point 1320 feet South of the North boundary of said section;
Thence West 660 feet to the Point of Beginning;
Excepting therefrom a right of way for public highway and public utility purposes over the westerly
rectangular 30 feet of said property, as conveyed to the County of Riverside by deed recorded May 24,
1938 in Book 122, Page(s) 374 of Official Records.
Also Excepting therefrom any portion included in the Coachella Valley Storm Water District as acquired
by said District by Decree of Condemnation recorded October 6, 1923 in Book 591, Page(s) 223 of
Deeds, and more particularly described by metes and bounds as follows:
That portion of the North half of Section 29, Township 5 South , Range 7 East, San Bernardino Base and
Meridian, that is bounded as follows:
Beginning at a point in the West line of the Northwest quarter of said section distant South 0°1'30" East
386.48 feet;
Order No.: 578442
Preliminary Report
Page 4 of 8
Thence easterly along a curve concave to the North, to which said last described line is tangent, and
having a radius of 2664.93 feet, a distance of 1409.54 feet;
Thence North 78°18' East tangent to said curve 947.52 feet to a point in the East line of said Section 29;
Thence South 0°98' East along the East line of said section 408.30 feet;
Thence South 78°18' West, 856.66 feet;
Thence westerly along a curve concave to the North, to which said last described line is tangent and
having a radius of 3064.93 feet, a distance of 1619.95 feet;
Thence North 71°25 West 3008.83 feet to a point in the West line of said Section 29;
Thence North 0°01'30" West along the West line of side section, 422.06 feet to the Point of Beginning.
APN: 600-030-010
APN: 600-030-010
(End of Legal Description)
MAP
THE MAP CONNECTED HEREWITH IS BEING PROVIDED AS A COURTESY AND FOR
INFORMATIONAL PURPOSES ONLY; THIS MAP SHOULD NOT BE RELIED UPON. FURTHERMORE,
THE PARCELS SET OUT ON THIS MAP MAY NOT COMPLY WITH LOCAL SUBDIVISION OR
BUILDING ORDINANCES. STEWART ASSUMES NO LIABILITY, RESPONSIBILITY OR
INDEMNIFICATION RELATED TO THE MAPS NOR ANY MATTERS CONCERNING THE CONTENTS
OF OR ACCURACY OF THE MAP.
Order No.: 578442
Preliminary Report
Page 5 of 8
SCHEDULE B
At the date hereof, exceptions to coverage in addition to the printed exceptions and exclusions
contained in said policy or policies would be as follows:
Taxes:
A.Property taxes, which are a lien not yet due and payable, including any assessments collected
with taxes, to be levied for the fiscal year 2020 - 2021.
B.General and Special City and/or County taxes, including any personal property taxes and any
assessments collected with taxes, for the fiscal year 2019 - 2020:
1st Installment : $9,348.94 Paid
2nd Installment : $9,348.94 Paid
Parcel No. : 600-030-010-8
Code Area : 020026
C.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.
D.Assessments, if any, for Community Facility Districts affecting said land which may exist by
virtue of assessment maps or notices filed by said districts. Said assessments are collected
with the County Taxes.
E.Confirmation of the tax figures must be made prior to close of escrow. Please contact the
County Tax Collector prior to closing.
Exceptions:
1.Water rights, claims or title to water in or under said land, whether or not shown by the public
records.
2.Minerals of whatsoever kind, subsurface and surface substances, including but not limited to
coal, lignite, oil, gas, uranium, clay, rock, sand and gravel in, on, under and that may be
produced from the Land, together with all rights, privileges, and immunities relating thereto,
whether or not appearing in the Public Records or listed in Schedule B. The Company makes
no representation as to the present ownership of any such interests. There may be leases,
grants, exceptions or reservations of interests that are not listed.
3.Title to, and easements in, any portion of the land lying within any highways, roads, streets, or
other ways.
4.The effect of a Record of Survey on file in Book 8 Page 14, of Records of Survey, which
purports to show the herein described property.
5.An easement for the transmission of electric energy for communication and other purposes, and
rights incidental thereto in favor of General Telephone Company of California, a corporation, as
set forth in a document recorded February 26, 1970 as Instrument No. 18029 of Official
Records, affects as shown therein.
6.Terms and provisions of a lease dated November 23, 1987, executed by Henry Chin, as lessor,
and Web Service Company, as lessee, a memorandum of which is recorded January 8, 1988 as
Instrument No. 5058 of Official Records.
Order No.: 578442
Preliminary Report
Page 6 of 8
The present ownership of the leasehold created by said lease and other matters affecting the
interest of the lessee are not shown herein.
7.The matters contained in an instrument entitled Domestic Water and/or Sanitation System
Installation Agreement, dated July 1, 1995, by and between Coachella Valley Water District and
Dune Palms Mobile Estates, upon the terms therein provided recorded Februarh 23, 1996 as
Instrument No. 63213 of Official Records.
8.An easement for the transportation and distribution of natural gas and communications, and
rights incidental thereto in favor of Southern California Gas Company, a California corporation,
its successors and assigns, as set forth in a document recorded December 15, 2016 as
Instrument No. 16-559223 of Official Records.
9.A pending court action as disclosed by a recorded notice.
Plaintiff : City of La Quinta, a municipal corporation
Defendant : Chin Family Properties Limited Partnership, a California Limited Partnership;
General Telephone Company of California, a California corporation; Coachella Valley Water
District Public Facilities Corporation, a public agency; Web Service, Co., Inc., a California
corporation; Maria C. Marruffo, an individual; Jose Benavides, an individual; Imelda Benavides,
an individual; All persons unknown claiming an interest in the property described herein; and
Does 1 through 50, inclusive
County : Riverside
Court : Superior for the State of California, County of Riverside
Case No. : APN 600-030-010
Nature of Action : Condemn and take by right of eminent domain fee simple
Recorded : June 7, 2018 as Instrument No. 18-231240 of Official Records
10.Please be advised that our search did not disclose any open deeds of trust of record. If you
should have knowledge of any outstanding obligation, please contact your title officer
immediately for further review.
11.The requirement that a copy of the partnership agreement of Chin Family Properties, a
California Limited Partnership, and any amendments or modifications thereto be furnished to
the company.
12.Rights of parties in possession.
13.This Company will require that a full copy of any unrecorded leases together with all
supplements and amendments or a certified rent roll be furnished to the Company, before
issuing any policy of title insurance. Additional exceptions may be added to this report following
the review of these requested materials.
(End of Exceptions)
Order No.: 578442
Preliminary Report
Page 7 of 8
NOTES AND REQUIREMENTS
A.Basic Rate
B.There are no conveyances affecting said land, recorded with the County Recorder within 24
months of the date of this report.
C.If an Owners Policy will be requested, please be aware that unless instructed otherwise, we will
issue a CLTA Standard Coverage Owners Policy. If a different form of policy is contemplated for
this transaction, please advise and contact your title officer for additional requirements.
D.All Transactions - Seller(s) and Buyer(s) or Borrowers are provided as attachments Stewart Title’s
document entitled "Acknowledgement of Receipt, Understanding and Approval of STG Privacy
Notice for Stewart Title Companies and Stewart’s Affiliated Business Arrangement Disclosure
Statement" along with those individually named documents for your review and acknowledgment
prior to closing.
E.All Transactions - Buyer(s)/Seller(s)/Borrower(s) are provided Stewart Title’s Preliminary report
for review and acknowledgment prior to closing. Buyer(s) approval to include the Preliminary
Report items that remain as exceptions to the title policy.
F.Purchase Transaction Only-Seller(s)/Owner(s) are provided Stewart Title's Owner Affidavit and
Indemnity for completion prior to closing.
G.None of the items shown in this report will cause the Company to decline to attach CLTA
Endorsement Form 100 to an ALTA Loan Policy, when issued.
H.The Company is not aware of any matters which would cause it to decline to attach CLTA
Endorsement 100 and 116, indicating that there is located on said land a Mobile Home Park
known as 46400 Dune Palms Road, La Quinta, California, to an extended coverage policy.
I.Property taxes for the fiscal year 2018 - 2019 shown below are paid. For proration purposes the
amounts are:
1st Installment: $9,202.28
2nd Installment: $9,202.28
Parcel No.: 600-030-010-8
Code Area: 020026
Order No.: 578442
Preliminary Report
Page 8 of 8
CALIFORNIA "GOOD FUNDS" LAW
California Insurance Code Section 12413.1 regulates the disbursement of escrow and sub-escrow funds
by title companies. The law requires that funds be deposited in the title company escrow account and
available for withdrawal prior to disbursement. Funds received by Stewart Title of California, Inc. via wire
transfer may be disbursed upon receipt. Funds received via cashier’s checks or teller checks drawn on a
California Bank may be disbursed on the next business day after the day of deposit. If funds are received
by any other means, recording and/or disbursement may be delayed, and you should contact your title or
escrow officer. All escrow and sub-escrow funds received will be deposited with other escrow funds in
one or more non-interest bearing escrow accounts in a financial institution selected by Stewart Title of
California, Inc.. Stewart Title of California, Inc. may receive certain direct or indirect benefits from the
financial institution by reason of the deposit of such funds or the maintenance of such accounts with the
financial institution, and Stewart Title of California, Inc. shall have no obligation to account to the
depositing party in any manner for the value of, or to pay to such party, any benefit received by Stewart
Title of California, Inc.. Such benefits shall be deemed additional compensation to Stewart Title of
California, Inc. for its services in connection with the escrow or sub-escrow.
If any check submitted is dishonored upon presentation for payment, you are authorized to notify all
principals and/or their respective agents of such nonpayment.
EXHIBIT "A"
LEGAL DESCRIPTION
Order No.: 578442
Escrow No.: 578442
The land referred to herein is situated in the State of California, County of Riverside, City of La Quinta
and described as follows:
Parcel 1:
Beginning at a point 660 feet South of the Northwest corner of the Northeast quarter of Section 29,
Township 5 South , Range 7 East, San Bernardino Base and Meridian;
Thence South 660 feet;
Thence East 660 feet to a point 1320 feet South of the northerly boundary line of said section;
Thence North 660 feet to appoint 660 feet South of the said northerly boundary line;
Thence 660 feet West to the Point of Beginning.
Excepting therefrom the right of way of the Coachella Valley Storm Water District, as acquired by said
District by Decree of Condemnation recorded October 6, 1923 in Book 591, Page(s) 223 of Deeds in the
office of the County Recorder of the County of Riverside, State of California.
Also excepting therefrom a right of way for public highway and public utility purposes over the westerly
rectangular 30 feet of said property as conveyed to the County of Riverside by deed recorded May 24,
1938 in Book 122, Page(s) 376 of Official Records of Riverside County, California. Said property is also
shown by map of Record of Survey on file in Book 8, Page(s) 14 of Records of Survey in the Office of the
County Recorder of the County of Riverside, State of California.
Also except that portion as described in the deed to the County of Riverside, recorded July 1, 1969 as
Instrument No. 66907 of Official Records.
Parcel 2:
The West half of the Southwest quarter of the Northeast quarter of Section 29, Township 5 South, Range
7 East, San Bernardino Base and Meridian, lying North of the Coachella Valley Storm Water District right
of way, containing five acres more or less and described as follows:
Beginning 1320 feet South of the Northwest corner of the West quarter of the Northeast quarter of
Section 29, Township 5 South, Range 7 East, San Bernardino Base and Meridian thence South 330 feet;
Thence 660 feet East;
Thence 330 feet North to a point 1320 feet South of the North boundary of said section;
Thence West 660 feet to the Point of Beginning;
Excepting therefrom a right of way for public highway and public utility purposes over the westerly
rectangular 30 feet of said property, as conveyed to the County of Riverside by deed recorded May 24,
1938 in Book 122, Page(s) 374 of Official Records.
Also Excepting therefrom any portion included in the Coachella Valley Storm Water District as acquired
by said District by Decree of Condemnation recorded October 6, 1923 in Book 591, Page(s) 223 of
Deeds, and more particularly described by metes and bounds as follows:
That portion of the North half of Section 29, Township 5 South , Range 7 East, San Bernardino Base and
Meridian, that is bounded as follows:
Beginning at a point in the West line of the Northwest quarter of said section distant South 0°1'30" East
386.48 feet;
Thence easterly along a curve concave to the North, to which said last described line is tangent, and
having a radius of 2664.93 feet, a distance of 1409.54 feet;
Thence North 78°18' East tangent to said curve 947.52 feet to a point in the East line of said Section 29;
Thence South 0°98' East along the East line of said section 408.30 feet;
Thence South 78°18' West, 856.66 feet;
Thence westerly along a curve concave to the North, to which said last described line is tangent and
having a radius of 3064.93 feet, a distance of 1619.95 feet;
Thence North 71°25 West 3008.83 feet to a point in the West line of said Section 29;
Thence North 0°01'30" West along the West line of side section, 422.06 feet to the Point of Beginning.
APN: 600-030-010
APN: 600-030-010
(End of Legal Description)
File No.: 578442 Page 1 of 1
AFFILIATED BUSINESS ARRANGEMENT DISCLOSURE STATEMENT
Date:October 31, 2019
File No.:578442
Property:600-030-010, 46400 Dune Palms Road, La Quinta, CA 92253
From:Stewart Title of California, Inc.
This is to give you notice that Stewart Title of California, Inc. (“Stewart Title”) has a business relationship
with Stewart Solutions, LLC, DBA – Stewart Specialty Insurance Services, LLC (“Stewart Insurance”).
Stewart Information Services Corporation owns 100% of Stewart Insurance and . Because of this
relationship, this referral may provide Stewart Title a financial or other benefit.
Set forth below is the estimated charge or range of charges for the settlement services listed. You are
NOT required to use the listed provider(s) as a condition for purchase, sale, or refinance of the subject
Property. THERE ARE FREQUENTLY OTHER SETTLEMENT SERVICE PROVIDERS AVAILABLE
WITH SIMILAR SERVICES. YOU ARE FREE TO SHOP AROUND TO DETERMINE THAT YOU ARE
RECEIVING THE BEST SERVICES AND THE BEST RATE FOR THESE SERVICES.
Stewart Insurance Settlement Service Charge or range of charges
Hazard Insurance $400.00 to $6,500.00
Home Warranty $255.00 to $ 780.00
Natural Hazard Disclosure Report $ 42.50 to $ 149.50
File No.: 578442 Page 1 of 1
ACKNOWLEDGEMENT OF RECEIPT, UNDERSTANDING
AND APPROVAL OF STEWART TITLE GUARANTY COMPANY
PRIVACY NOTICE FOR STEWART TITLE COMPANIES AND
AFFILIATED BUSINESS ARRANGEMENT
DISCLOSURE STATEMENT
The undersigned hereby acknowledge receipt of the Stewart Title Guaranty Company Privacy
Notice for Stewart Title Companies and the Affiliated Business Arrangement Disclosure Statement that
apply to this transaction. The undersigned further acknowledge that he/she/they have received, read,
understand and accept these documents in connection with the above described transaction.
The undersigned have received a copy of this acknowledgement as evidenced by the signature
below.
______________________________________
Chin Family Properties, Limited Partnership
TBD
By:________________________________
(Rev. 06-03-11)
File No.: 578442
Page 1 of 4
CLTA Preliminary Report Form
Exhibit A (Revised 06-03-11)
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 arise by reason of:
1.(a) Any law, ordinance or governmental regulation (including but not limited to building or zoning laws, ordinances, or regulations)
restricting, regulating, prohibiting or relating (i) 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 or 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 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.
(c) Any governmental police power not excluded by (a) above, except to the extent that a notice of the exercise thereof or 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.
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 or other matters:
(a) whether or not recorded in the public records at Date of Policy, but 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 prior to the date the insured claimant became an insured under this policy;
(c) resulting in no loss or damage to the insured claimant;
(d) attaching 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 paid value for the insured mortgage or
for the estate or interest insured by this policy.
4.Unenforceability of the lien of the insured mortgage because of the inability or failure of the insured at Date of Policy, or the inability or
failure of any subsequent owner of the indebtedness, to comply with the 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 of the transaction evidenced by the
insured mortgage and is based upon usury or any consumer credit protection or truth in lending law.
6.Any claim, which arises out of the transaction vesting in the insured the estate of interest insured by this policy or the transaction creating
the interest of the insured lender, by reason of the operation of federal bankruptcy, state insolvency or similar creditors' rights laws.
EXCEPTIONS FROM COVERAGE - SCHEDULE B, PART I
This policy does not insure against loss 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 levies taxes or assessments on
real property or by the public records.
Proceedings by a public agency which may result in taxes or assessments, or notices of such proceedings, whether or not shown by the
records of such agency or by the public records,
2.Any facts, rights, interests, or claims which are not shown by the public records but which could be ascertained by an inspection of the
land or which may be asserted by persons in possession thereof.
3.Easements, liens or encumbrances, or claims thereof, which are not shown by the public records.
4.Discrepancies, conflicts in boundary lines, shortage in area, encroachments, or any other facts which a correct survey would disclose,
and which are not shown by the public records.
5.(a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (c) water rights,
claims or title to water, whether or not the matters excepted under (a), (b) or (c) are shown by the public records.
6.Any lien or right to a lien for services, labor or material not shown by the public records
(Rev. 06-03-11)
File No.: 578442
Page 2 of 4
CLTA HOMEOWNER’S POLICY OF TITLE INSURANCE (02-03-10)
ALTA HOMEOWNER’S POLICY OF TITLE INSURANCE
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 those portions of any law or government regulation concerning:
a.building;
b.zoning;
c.land use;
d.improvements on the Land;
e.land division;
f.environmental protection.
This Exclusion does not limit the coverage described in Covered Risk 8.a., 14, 15, 16, 18, 19, 20, 23 or 27.
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 limit the coverage described in Covered Risk 14 or 15.
3.The right to take the Land by condemning it. This Exclusion does not limit the coverage described in Covered Risk 17.
4.Risks:
a.that are 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 are recorded in the Public Records at the Policy Date;
c.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 Risk 7, 8.e., 25, 26, 27 or 28.
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 21.
7.The transfer of the Title to You is invalid as a preferential transfer or as a fraudulent transfer or conveyance under federal bankruptcy.
LIMITATIONS ON COVERED RISKS
Your insurance for the following Covered Risks is limited on the Owner's Coverage Statement as follows:
*For Covered Risk 16, 18, 19, and 21 Your Deductible Amount and Our Maximum Dollar Limit of Liability shown in Schedule A.
The deductible amounts and maximum dollar limits shown on Schedule A are as follows:
Your Deductible Amount Our Maximum Dollar Limit of Liability
Covered Risk 16: 1% of Policy Amount or $2,500.00 $10,000.00
(whichever is less)
Covered Risk 18: 1% of Policy Amount or $5,000.00 $25,000.00
(whichever is less)
Covered Risk 19: 1% of Policy Amount or $5,000.00 $25,000.00
(whichever is less)
Covered Risk 21: 1% of Policy Amount or $2,500.00 $5,000.00
(whichever is less)
(Rev. 06-03-11)
File No.: 578442
Page 3 of 4
2006 ALTA LOAN POLICY (06-17-06)
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 that arise by reason of:
1.(a) Any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) restricting, regulating,
prohibiting, or relating to
i)the occupancy, use, or enjoyment of the Land;
ii)the character, dimensions, or location of any improvement erected on the Land;
iii)the subdivision of land; or
iv)environmental protection;
or the effect of any violation of these laws, ordinances, or governmental regulations. This Exclusion 1(a) does not modify or limit the
coverage provided under Covered Risk 5.
(b) Any governmental police power. This Exclusion 1(b) does not modify or limit the coverage provided under Covered Risk 6.
2.Rights of eminent domain. This Exclusion does not modify or limit the coverage provided under Covered Risk 7 or 8.
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 the Insured Claimant and not
disclosed in writing to the Company by the Insured Claimant prior to the date the Insured Claimant became an Insured under this
policy;
(c)resulting in no loss or damage to the Insured Claimant;
(d)attaching or created subsequent to Date of Policy (however, this does not modify or limit the coverage provided under Covered Risk
11, 13, or 14); or
(e) resulting in loss or damage that 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 an Insured to comply with applicable doing-
business laws of the state where the Land is situated.
5.Invalidity or unenforceability in whole or in part of the lien of the Insured Mortgage that arises out of the transaction evidenced by the
Insured Mortgage and is based upon usury or any consumer credit protection or truth-in-lending law.
6.Any claim, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors' rights laws, that the transaction creating
the lien of the Insured Mortgage, is
(a) a fraudulent conveyance or fraudulent transfer, or
(b) a preferential transfer for any reason not stated in Covered Risk 13(b) of this policy.
7.Any lien on the Title for real estate taxes or assessments imposed by governmental authority and created or attaching between Date of
Policy and the date of recording of the Insured Mortgage in the Public Records. This Exclusion does not modify or limit the coverage
provided under Covered Risk 11(b).
The above policy form 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 Exceptions from Coverage:
EXCEPTIONS FROM COVERAGE
This policy does not insure against loss or damage (and the company will not pay costs, attorneys' fees or expenses) which arise by reason
of:
1.(a) Taxes or assessments that are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on
real property or by the Public Records; (b) proceedings by a public agency that may result in taxes or assessments, or notices of such
proceedings, whether or not shown by the records of such agency or by the Public Records.
2.Any facts, rights, interests, or claims that are not shown by the Public Records but that could be ascertained by an inspection of the Land
or that may be asserted by persons in possession of the Land.
3.Easements, liens or encumbrances, or claims thereof, which are not shown by the Public Records.
4.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 and not shown by the Public Records.
5.(a) unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (c) water rights, claims
or title to water, whether or not the matters excepted under (a), (b) or (c) are shown by the public records.
6.Any lien or right to a lien for services, labor or material not shown by the public records.
(Rev. 06-03-11)
File No.: 578442
Page 4 of 4
2006 ALTA OWNER'S POLICY (06-17-06)
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 that arise by reason of:
1.(a) Any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) restricting, regulating,
prohibiting, or relating to
i.the occupancy, use, or enjoyment of the Land;
ii.the character, dimensions, or location of any improvement erected on the Land;
iii.the subdivision of land; or
iv.environmental protection;
or the effect of any violation of these laws, ordinances, or governmental regulations. This Exclusion 1(a) does not modify or limit
the coverage provided under Covered Risk 5
(b) Any governmental police power. This Exclusion 1(b) does not modify or limit the coverage provided under Covered Risk 6.
2.Rights of eminent domain. This Exclusion does not modify or limit the coverage provided under Covered Risk 7 or 8.
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 the Insured Claimant and not
disclosed in writing to the Company by the Insured Claimant prior to the date the Insured Claimant became an Insured under this policy;
(c) resulting in no loss or damage to the Insured Claimant;
(d) attaching or created subsequent to Date of Policy (however, this does not modify or limit the coverage provided under Covered Risk 9
and 10); or
(e) resulting in loss or damage that would not have been sustained if the Insured Claimant had paid value for the Title.
4.Any claim, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors' rights laws, that the transaction vesting
the Title as shown in Schedule A, is
(a) a fraudulent conveyance or fraudulent transfer; or
(b) a preferential transfer for any reason not stated in Covered Risk 9 of this policy.
5.Any lien on the Title for real estate taxes or assessments imposed by governmental authority and created or attaching between Date of
Policy and the date of recording of the deed or other instrument of transfer in the Public Records that vests Title as shown in Schedule A.
The above policy form 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 Exceptions from Coverage:
EXCEPTIONS FROM COVERAGE
This policy does not insure against loss or damage (and the company will not pay costs, attorneys' fees or expenses) which arise by reason
of:
1.(a) Taxes or assessments that are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on
real property or by the Public Records; (b) proceedings by a public agency that may result in taxes or assessments, or notices of such
proceedings, whether or not shown by the records of such agency or by the Public Records.
2.Any facts, rights, interests or claims which are not shown by the public records but which could be ascertained by an inspection of the
land or by making inquiry of persons in possession thereof.
3.Easements, liens or encumbrances, or claims thereof, which are not shown by the public records.
4.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 and that are not shown by the Public Records.
5.(a) unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (c) water rights, claims
or title to water, whether or not the matters excepted under (a), (b) or (c) are shown by the public records.
6.Any lien or right to a lien for services, labor or material not shown by the public records.
File No.: 578442
File No.: 578442
AVAILABLE DISCOUNTS DISCLOSURE STATEMENT
This is to give you notice that Stewart Title of California, Inc. (“Stewart Title”) is pleased to inform you that
upon proper qualification, there are premium discounts available upon the purchase of title insurance
covering improved property with a one to four family residential dwelling.
Such discounts apply to and include:
Property located within an area proclaimed a state or federal disaster area;
Property purchased from a foreclosing beneficiary or successful bidder at a foreclosure sale;
Property being refinanced.
Please talk with your escrow or title officer to determine your qualification for any of these discounts.
File No.: 578442 Revised 11-19-2013
Stewart Title Guaranty Company Privacy Notice
Stewart Title Companies
WHAT DO THE STEWART TITLE COMPANIES DO WITH YOUR PERSONAL INFORMATION?
Federal and applicable state law and regulations give consumers the right to limit some but not all sharing. Federal and applicable state
law regulations also require us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to
understand how we use your personal information. This privacy notice is distributed on behalf of the Stewart Title Guaranty Company and
its title affiliates (the Stewart Title Companies), pursuant to Title V of the Gramm-Leach-Bliley Act (GLBA).
The types of personal information we collect and share depend on the product or service that you have sought through us. This
information can include social security numbers and driver's license number.
All financial companies, such as the Stewart Title Companies, need to share customers' personal information to run their everyday
business—to process transactions and maintain customer accounts. In the section below, we list the reasons that we can share
customers' personal information; the reasons that we choose to share; and whether you can limit this sharing.
Reasons we can share your personal information.Do we share Can you limit this sharing?
For our everyday business purposes— to process your transactions
and maintain your account. This may include running the business and
managing customer accounts, such as processing transactions,
mailing, and auditing services, and responding to court orders and legal
investigations.
Yes No
For our marketing purposes— to offer our products and services to
you.
Yes No
For joint marketing with other financial companies No We don't share
For our affiliates' everyday business purposes— information about
your transactions and experiences. Affiliates are companies related by
common ownership or control. They can be financial and non-financial
companies. Our affiliates may include companies with a Stewart name;
financial companies, such as Stewart Title Company
Yes No
For our affiliates' everyday business purposes— information about
your creditworthiness.No We don't share
For our affiliates to market to you — For your convenience, Stewart
has developed a means for you to opt out from its affiliates marketing
even though such mechanism is not legally required.
Yes Yes, send your first and last name, the email
address used in your transaction, your Stewart file
number and the Stewart office location that is
handling your transaction by email to
optout@stewart.com or fax to
1-800-335-9591.
For non-affiliates to market to you. Non-affiliates are companies not
related by common ownership or control. They can be financial and
non-financial companies.
No We don't share
We may disclose your personal information to our affiliates or to non-affiliates as permitted by law. If you request a transaction with a
non-affiliate, such as a third party insurance company, we will disclose your personal information to that non-affiliate. [We do not control
their subsequent use of information, and suggest you refer to their privacy notices.]
SHARING PRACTICES
How often do the Stewart Title Companies notify me
about their practices?
We must notify you about our sharing practices when you request a transaction.
How do the Stewart Title Companies protect my
personal information?
To protect your personal information from unauthorized access and use, we use
security measures that comply with federal law. These measures include
computer, file, and building safeguards.
How do the Stewart Title Companies collect my
personal information?
We collect your personal information, for example, when you
·request insurance-related services
·provide such information to us
We also collect your personal information from others, such as the real estate
agent or lender involved in your transaction, credit reporting agencies, affiliates
or other companies.
What sharing can I limit?Although federal and state law give you the right to limit sharing (e.g., opt out) in
certain instances, we do not share your personal information in those instances.
Contact us: If you have any questions about this privacy notice, please contact us at: Stewart Title Guaranty Company,
1360 Post Oak Blvd., Ste. 100, Privacy Officer, Houston, Texas 77056