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American Land Title Association Owner's Policy of Title Insurance <br /> \iVESTCOR <br /> with <br /> l ride (07-01-2021) <br /> with Florida modifications <br /> ii. for any other reason not stated in Covered Risk 9.b. <br /> 5. Any claim of a PACA-PSA Trust. Exclusion 5 does not modify or limit the coverage provided under Covered <br /> Risk 8. <br /> 6. Any lien on the Title for real estate taxes or assessments imposed or collected by a governmental authority <br /> that becomes due and payable after the Date of Policy. Exclusion 6 does not modify or limit the coverage <br /> provided under Covered Risk 2.b. <br /> 7. Any discrepancy in the quantity of the area, square footage, or acreage of the Land or of any improvement <br /> to the Land. <br /> CONDITIONS <br /> 1. DEFINITION OF TERMS <br /> In this policy,the following terms have the meanings given to them below.Any defined term includes both the <br /> singular and the plural, as the context requires: <br /> a. "Affiliate": An Entity: <br /> i. that is wholly owned by the Insured; <br /> ii. that wholly owns the Insured; or <br /> iii. if that Entity and the Insured are both wholly owned by the same person or entity. <br /> b. "Amount of Insurance": The Amount of Insurance stated in Schedule A, as may be increased by <br /> Condition 8.d. or decreased by Condition 10 or 11; or increased or decreased by endorsements to this <br /> policy. <br /> c. "Date of Policy": The Date of Policy stated in Schedule A. <br /> d. "Discriminatory Covenant":Any covenant,condition,restriction, or limitation that is unenforceable under <br /> applicable law because it illegally discriminates against a class of individuals based on personal <br /> characteristics such as race, color, religion, sex, sexual orientation, gender identity, familial status, <br /> disability, national origin, or other legally protected class. <br /> e. "Enforcement Notice": A document recorded in the Public Records that describes any part of the Land <br /> and: <br /> is issued by a governmental agency that identifies a violation or enforcement of a law, ordinance, <br /> permit, or governmental regulation; <br /> H. is issued by a holder of the power of eminent domain or a governmental agency that identifies <br /> the exercise of a governmental power; or <br /> iii. asserts a right to enforce a PACA-PSA Trust. <br /> f. "Entity": A corporation, partnership, trust, limited liability company, or other entity authorized by law to <br /> own title to real property in the State where the Land is located. <br /> g. "Insured": <br /> i. (a). The Insured named in Item 1 of Schedule A; <br /> (b). the successor to the Title of an Insured by operation of law as distinguished from purchase, <br /> including heirs, devisees, survivors, personal representatives, or next of kin; <br /> (c). the successor to the Title of an Insured resulting from dissolution, merger, consolidation, <br /> distribution, or reorganization; <br /> (d). the successor to the Title of an Insured resulting from its conversion to another kind of <br /> Entity; or <br /> (e). the grantee of an Insured under a deed or other instrument transferring the Title, if the <br /> grantee is: <br /> (1). an Affiliate; <br /> Copyright 2021 American Land Title Association.All rights reserved. <br /> v.r uirati <br /> The use of this Form(or any derivative thereof)is restricted to ALTA licensees and <br /> ALTA members in good standing as of the date of use.All other uses are prohibited. <br /> Reprinted under license from the American Land Title Association. <br /> OP-61 FL ALTA 07-01-2021 Owner's Policy of Title Insurance(FLORIDA)(ALTA 7-01-2021) (WLTIC Edition 8/12/2022) <br />