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OWNER'S POLICY OF TITLE INSURANCE
<br />(with Florida Modifications)
<br />* Policy Number OXFL-08740865 File Number: 48084135
<br />* * * Issued by Old Republic National Title Insurance Company
<br />* * Any notice of claim and any other notice or statement in writing required to be given to the
<br />* * Company under this Policy must be given to the Company at the address shown in Section 18
<br />* ** of the Conditions.
<br />COVERED RISKS
<br />SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE EXCEPTIONS FROM COVERAGE CONTAINED IN
<br />SCHEDULE B, AND THE CONDITIONS, OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY, a Florida corporation (the "Company') insures, as of
<br />Date of Policy, against loss or damage, not exceeding the Amount of Insurance, sustained or incurred by the Insured by reason of:
<br />1. Title being vested other than as stated in Schedule A.
<br />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 properly 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 accurate
<br />and complete land survey of the Land. The term "encroachment" includes encroachments of existing improvements located on the Land
<br />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) restricting,
<br />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 to
<br />the extent of the violation or enforcement referred to in that notice.
<br />In Witness Whereof, OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY, has caused this policy to be signed and sealed as of Date of Policy
<br />shown in Schedule A, the policy to become valid when countersigned by an authorized signatory of the Company.
<br />Policy Issuer:
<br />Countersigned: ATLANTIC COASTAL LAND TITLE COMPANY, LLC
<br />855 21ST STREET, STE C OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY
<br />CENTERSTATE BANK BLDG, 2ND FLR A Stock Company
<br />VERO BEACH, FL 32960
<br />PHONE: (772) 569-4364 400 Second Avenue South, Minneapolis, Minnesota 55401
<br />16121371-1111
<br />Authorized Officer or Licensed Agent
<br />ORT Form 4309 FL
<br />ALTA Owners Policy of Title Insurance 6-17-06 (with Florida Modifications)
<br />By President
<br />Attest Secretary
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