Loading...
HomeMy WebLinkAboutPreliminary Title Report (Copy) qlUESTA ITLE PRELIMINARY TITLE REPORT Cuesta Title Company hereby reports that it is prepared to issue, or cause to be issued, as of the date hereof a Policy or Policies of Title Insurance of Stewart Title Guaranty Company 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 referred 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 of said Policy or Policies are set forth in Exhibit "A"attached. 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 the attached 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 this land. This report(and any supplements or amendments hereto) 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. Gail Anderson Title Officer Authorized Signatory STE CO"9 4 - File Number:b7200171 UESTA ITLE C O M P A N Y 715 Tank Farm Road,#120•San Luis Obispo,CA 93401•(805)544-1860•FAX(805)541-1769 PRELIMINARY REPORT TITLE OFFICER: Gail Anderson TO: Cuesta Title Company 505 Higuera Street, Suite 110 San Luis Obispo,California 93401 ATTN: Elizabeth Griffin PHONE NUMBER: (805) 547-3920 SHORT TERM RATE: Yes Your Reference : b7200171 Property Address: 252 Courtland Street,Arroyo Grande, California EFFECTIVE DATE: Monday,February 26,2007 at 07:30 a.m. The form of Policy or Policies of title insurance contemplated by this report is: American Land Title Association Loan Policy 1. THE ESTATE OR INTEREST IN THE LAND HEREINAFTER DESCRIBED OR REFERRED TO COVERED BY THIS REPORT IS: A Fee 2. TITLE TO SAID ESTATE OR INTEREST AT THE DATE HEREOF IS VESTED IN: Alfonso A.Vargas and Alejandra Vargas,Husband and Wife as Joint Tenants 3. THE LAND REFERRED TO IN THIS REPORT IS SITUATED IN THE COUNTY OF SAN LUIS OBISPO, STATE OF CALIFORNIA,AND IS DESCRIBED AS FOLLOWS: SEE LEGAL DESCRIPTION ATTACHED HERETO AND MADE A PART HEREOF 3/6/2007 Page 1 of 6 File Number: b7200171 LEGAL DESCRIPTION Lot 11 of Tract Map No. 2505, Jasmine Place, in the City of Arroyo Grande, County of San Luis Obispo, State of California, according to map recorded August 18,2004 in Book 24,Pages 12 through 15, inclusive of Maps. APN: 077,127,012 End of Legal Description Page 2 of 6 'J File Number: b7200171 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: 1. General and Special City and/or County taxes, including any personal property taxes and any assessments collected with taxes, for the fiscal year 2006-2007: 1St Installment: $1,674.00 Paid 211d Installment: $1,674.00 Exemption: None Land: $153,000.00 Improvements: $168,504.00 Personal Property: None Code Area: 001-000 Assessment No.: 077,127,012 2. 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. 3. Covenants, conditions and restrictions, if any,appearing in the public record, and any easements or servitudes appearing in the public record. 4. Deed of Trust to secure an indebtedness in the amount shown below,and any other obligations secured thereby: Amount: $252,204.00 Dated: February 17,2005 Trustor: Alfonso A. Vargas and Alejandra Vargas Husband and Wife as Joint Tenants Trustee: Fidelity National Title Insurance Company Beneficiary: Wells Fargo Bank,N.A. Recorded: February 25,2005 as Instrument No. 2005014635 of Official Records. 5. Deed of Trust to secure an indebtedness in the amount shown below, and any other obligations secured thereby: Amount: $47,250.00 Dated: February 22,2005 Trustor: Alfonso A Vargas and Alejandra Vargas,Husband and Wife as Joint Tenants Trustee: Kirk Smith Beneficiary: SouthStar Funding,LLC Recorded: February 25,2005 as Instrument No. 2005014636 of Official Records. The Deed of Trust recorded above recites that it is subordinate to the Deed of Trust recorded concurrently therewith. Page 3 of 6 f1� File Number:b7200171 6. A Deed of Trust to secure performance under an agreement referred to therein, and any other obligations secured thereby: Dated: February 17,2005 Trustor: Alfonso A.Vargas and Alejandra Vargas Trustee: City of Arroyo Grande Beneficiary: City of Arroyo Grande, a municipal Recorded: February 25,2005 as Instrument No. 2005014637 of Official Records. END OF EXCEPTIONS Page 4 of 6 -,C File Number: b7200171 NOTES Note No. 1: There are no conveyances affecting said land,recorded with the County Recorder within 24 months of the date of this report. Note No. 2: None of the items in this report will cause the Company to decline to attach CLTA Endorsement Form 100 to an ALTA Loan Policy,when issued. Note No. 3: The Company is not aware of any matters which would cause it to decline to attach CLTA Endorsement 116,indicating that there is located on said land a single family dwelling known as 252 Courtland Street, Arroyo Grande, California,to an extended coverage policy. Note No.4: Short Term Rate is applicable. Page 5 of 6 File Number:b7200171 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 Cuesta Title Company 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 Cuesta Title Company. Cuesta Title Company 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 Cuesta Title Company 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 Cuesta Title Company. Such benefits shall be deemed additional compensation to Cuesta Title Company 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. WIRING INSTRUCTIONS If you anticipate having funds wired to Cuesta Title Company, our wiring information is as follows: Additional Note:Direct wire transfers to: City National Bank One Centerpoint Drive#160 La Palma. CA 90623 ABA: 122016066 Account Number: 013-429707 Credit to: Cuesta Title Company Reference Number:b7200171 When instructing the financial institution to wire funds, it is very important that you reference Cuesta Title Company. Should you have any questions in this regard please contact your Escrow Officer immediately. Page 6 of 6 Cuesta Title Company and Underwriters, Stewart Title Guaranty Company, Stewart Title Insurance Company And Commonwealth Land Title Insurance Company Privacy Policy Notice PURPOSE OF THIS NOTICE Title V of the Gramm-Leach-Bliley Act (GLBA) generally prohibits any financial institution, directly or through its affiliates, from sharing nonpublic personal information about you with a nonaffiliated third party unless the institution provides you with a notice of its privacy policies and practices, such as the type of information that it collects about you and the categories of persons or entities to whom it may be disclosed. In compliance with the GLBA, we are providing you with this document, which notifies you of the privacy policies and practices of Cuesta Title Company and underwriters Stewart Title Guaranty Company, Stewart Title Insurance Company and Commonwealth Land Title Company. We may collect nonpublic personal information about you from the following sources: • Information we receive from you, such as on applications or other forms. • Information about your transactions we secure from our files, or from our affiliates or others. • Information we receive from a consumer reporting agency. • Information that we receive from others involved in your transaction, such as the Real Estate Agent or Lender. Unless it is specifically stated otherwise in an amended Privacy Policy Notice, no additional nonpublic personal information will be collected about you. We may disclose any of the above information that we collect about our customers or former customers to our affiliates or to nonaffiliated third parties as permitted by law. We also may disclose this information about our customers or former customers to the following types of nonaffiliated companies that perform services on our behalf or with whom we have joint marketing agreements: • Financial Service providers such as companies engaged in banking, consumer finance, securities and insurance. • Non-financial companies such as envelope stuffers and other fulfillment service providers. WE DO NOT DISCLOSE ANY NONPUBLIC PERSONAL INFORMATION ABOUT YOU WITH ANYONE FOR ANY PURPOSE THAT IS NOT SPECIFICALLY PERMITTED BY LAW. We restrict access to nonpublic personal information about you to those employees who need to know that information in order to provide products or services to you. We maintain physical, electronic, and procedural safeguards that comply with federal regulations to guard your nonpublic personal information. EXHIBIT A AMERICAN LAND TITLE ASSOCIATION RESIDENTIAL TITLE INSURANCE POLICY(6-1-87) EXCLUSIONS In addition to the Exceptions in Schedule B,you are not insured against loss,costs,attorneys' 3. Title Risks: fees,and expenses resulting from: • that are created,allowed,or agreed to by you 1 Governmental police power,and the existence or violation of any law or governmental • that are known to you,but not to us,on the Policy Date-unless they appeared in the regulation. This includes building and zoning ordinances and also laws and regulations public records concerning: • that result in no loss to you • land use • that first affect your title after the Policy Date—this does not limit the labor and • improvements on the land material lien coverage in Item 8 of Covered Title Risks • land division 4. Failure to pay value for your title. • environmental protection 5. Lack of a right: This exclusion does not apply to violations or the enforcement of these matters which appear • to any land outside the area specifically described and referred to in Item 3 of in the public records at policy date. Schedule A This exclusion does not limit the zoning coverage described in Items 12 and 13 of Covered or Title Risks. • in streets,alleys,or waterways that touch your land 2. The right to take the land by condemning it,unless: This exclusion does not limit the access coverage in Item 5 of Covered Title Risks. • a notice of exercising the right appears in the public records on the Policy Date • the taking happened prior to the Policy Date and is binding on you if you bought the land without knowledge of the taking SCHEDULE B EXCEPTIONS In addition to the Exclusions,you are not insured against loss,costs,attorneys'fees,and the 3. Any facts about the land which a correct survey would disclose and which are not shown expenses resulting from: by the public records. This does not limit the forced removal coverage In item 12 of Covered 1 Any rights,interests,or claims of parties in possession of the land not shown by the public Title Risks. records. 4. Any water rights or claims or title to water in or under the land,whether or not shown by 2. Any easements or liens not shown by the public records. This does not limit the lien the public records. coverage in Item 8 of Covered Title Risks. 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 3. Defects,liens,encumbrances,adverse claims,or other matters: will not pay loss or damage,costs,attorneys'fees or expenses which arise by reason of: (a)whether or not recorded in the public records at Date of Policy,but created,suffered, 1 (a)Any law,ordinance or governmental regulation(including but not limited to building and assumed,or agreed to by the Insured claimant; zoning laws,ordinances or regulations)restricting,regulating,prohibiting or relating(i)the (b)not known to the Company,not recorded in the public records at Date of Policy,but known occupancy,use,or enjoyment of the land;(ii)the character,dimensions or location of any to the insured claimant and not disclosed in writing to the Company by the insured claimant improvement now or hereafter erected on the land;(iii)a separation in ownership or a change prior to the date the insured claimant became an insured under this policy; in the dimensions or area of the land or any parcel of which the land is or was a part;or(iv) (c)resulting in no loss or damage to the insured claimant; environmental protection,or the effect of any violation of these laws,ordinances or (d)attaching or created subsequent to Date of Policy;or governmental regulations,except to the extent that a notice of the enforcement thereof or a (e)resulting in loss or damage which would not have been sustained if the insured claimant notice of a defect,lien or encumbrance resulting from a violation or alleged violation affecting had paid value for the Insured mortgage or for the estate or interest insured by this policy. the land has been recorded in the public records at Date of Policy. 4 Unenforceability of the lien of the insured mortgage because of the inability or the failure of (b)Any governmental police power not excluded by(a)above,except to the extent that a the insured at Date of Policy,or the inability or failure of any subsequent owner of the notice of the exercise thereof or a notice of a defect,lien or encumbrance resulting from a indebtedness,to comply with the applicable doing business laws of the state in which the land violation or alleged violation affecting the land has been recorded in the public records at is situated. Date of Policy 5. Invalidity or unenforceability of the lien of the insured mortgage,or claim thereof,which 2. Rights of eminent domain unless notice of the exercise thereof has been recorded in the arises out of the transaction evidenced by the insured mortgage and is based upon usury or public records at Date of Policy,but not excluding from coverage any taking which has any consumer credit protection or truth in lending law. occurred prior to Date of Policy which would be binding on the rights of a purchaser for value 6. Any claim,which arises out of the transaction vesting in the insured the estate of interest without knowledge. 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. SCHEDULE B,PART I 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: PART 1 1 Taxes or assessments which are not shown as existing liens by the records of any taxing 3. Easements,liens or encumbrances,or claims thereof,which are not shown by the public authority that levies taxes or assessments on real property or by the public records. records. Proceedings by a public agency which may result in taxes or assessments,or notices of such 4. Discrepancies,conflicts in boundary lines,shortage in area,encroachments,or any other proceedings,whether or not shown by the records of such agency or by the public records. facts which a correct survey would disclose,and which are not shown by the public records. 2. Any facts,rights,interests or claims which are not shown by the public records but which 5. (a)Unpatented mining claims;(b)reservations or exceptions in patents or in Acts could be ascertained by an inspection of the land or which may be asserted by persons in authorizing the issuance thereof;(c)water rights,claims or title to water,whether or not the possession thereof. matters excepted under(a),(b),or(c)are shown by the public records. • EXHIBIT A (CONTINUED) AMERICAN LAND TITLE ASSOCIATION LOAN POLICY(10-17-92) WITH A.L.T.A. ENDORSEMENT-FORM 1 COVERAGE AND AMERICAN LAND TITLE ASSOCIATION LEASEHOLD LOAN POLICY(10-17-92) WITH A.L.T.A. ENDORSEMENT-FORM 1 COVERAGE EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of this policy and the Company improvements under construction or completed at Date of Policy);or will not pay loss or damage,costs,attorneys'fees or expenses which arise by reason of: (e)resulting In loss or damage which would not have been sustained if the insured claimant 1 (a)Any law,ordinance or governmental regulation(including but not limited to building and had paid value for the Insured mortgage. zoning laws,ordinances or regulations)restricting,regulating,prohibiting or relating to(i)the 4. Unenforceability of the lien of the insured mortgage because of the inability or the failure of occupancy,use,or enjoyment of the land;(ii)the character,dimensions or location of any the Insured at Date of Policy,or the inability or failure of any subsequent owner of the improvement now or hereafter erected on the land;(iii)a separation in ownership or a change indebtedness,to comply with applicable doing business laws of the state in which the land is in the dimensions or area of the land or any parcel of which the land is or was a part;or(iv) situated. environmental protection,or the effect of any violation of these laws,ordinances or 5. Invalidity or unenforceability of the lien of the insured mortgage,or claim thereof,which governmental regulations,except to the extent that a notice of the enforcement thereof or a arises out of the transaction evidenced by the insured mortgage and is based upon usury or notice of a defect,lien or encumbrance resulting from a violation or alleged violation affecting any consumer credit protection or truth in lending law. the land has been recorded in the public records at Date of Policy. 6. Any statutory lien for services,labor or materials(or the claim of priority of any statutory (b)Any governmental police power not excluded by(a)above,except to the extent that a lien for services,labor or materials over the lien of the Insured mortgage)arising from an notice of the exercise thereof or a notice of a defect,lien or encumbrance resulting from a improvement or work related to the land which is contracted for and commenced subsequent violation or alleged violation affecting the land has been recorded in the public records at to Date of Policy and is not financed In whole or in part by proceeds of the indebtedness Date of Policy. secured by the insured mortgage which at Date of Policy the insured has advanced or is 2. Rights of eminent domain unless notice of the exercise thereof has been recorded in the obligated to advance. public records at Date of Policy,but not excluding from coverage any taking which has 7. Any claim,which arises out of the transaction creating the Interest of the mortgagee occurred prior to Date of Policy which would be binding on the rights of a purchaser for value insured by this policy,by reason of the operation of federal bankruptcy,state insolvency,or without knowledge. similar creditors'rights laws,that Is based on: 3. Defects,liens,encumbrances,adverse claims,or other matters: (i)the transaction creating the Interest of the insured mortgagee being deemed a fraudulent (a)created,suffered,assumed,or agreed to by the insured claimant; conveyance or fraudulent transfer;or (b)not known to the Company,not recorded in the public records at Date of Policy,but known (ii)the subordination of the interest of the insured mortgagee as a result of the application of to the insured claimant and not disclosed in writing to the Company by the insured claimant the doctrine of equitable subordination;or prior to the date the insured claimant became an insured under this policy; (iii)the transaction creating the interest of the insured mortgagee being deemed a preferential (c)resulting in no loss or damage to the insured claimant; transfer except where the preferential transfer results from the failure: (d)attaching or created subsequent to Date of Policy(except to the extent that this policy (a)to timely record the instrument of transfer;or insures the priority of the lien of the insured mortgage over any statutory lien for services, (b)of such recordation to Impart notice to a purchaser for value or a judgement or lien labor or material or to the extent Insurance is afforded herein as to assessments for street creditor AMERICAN LAND TITLE ASSOCIATION OWNER'S POLICY(10-17-92)AND AMERICAN LAND TITLE ASSOCIATION LEASEHOLD OWNER'S POLICY(10-17-92) EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of this policy and the Company 3. Defects,liens,encumbrances,adverse claims,or other matters: will not pay loss or damage,costs,attorneys'fees or expenses which arise by reason of: (a)created,suffered,assumed or agreed to by the insured claimant; 1 (a)Any law,ordinance or governmental regulation(including but not limited to building and (b)not known to the Company,not recorded in the public records at Date of Policy,but known zoning laws,ordinances or regulations)restricting,regulating,prohibiting or relating to(i)the to the insured claimant and not disclosed in writing to the Company by the insured claimant occupancy,use,or enjoyment of the land;(ii)the character,dimensions or location of any prior to the date the insured claimant became an insured under this policy; improvement now or hereafter erected on the land;(iii)a separation in ownership or a change (c)resulting in no loss or damage to the insured claimant; in the dimensions or area of the land or any parcel of which the land is or was a part;or(iv) (d)attaching or created subsequent to Date of Policy;or environmental protection,or the effect of any violation of these laws,ordinances or (e)resulting in loss or damage which would not have been sustained if the insured claimant governmental regulations,except to the extent that a notice of the enforcement thereof or a had paid value for the estate or interest insured by this policy. notice of a defect,lien or encumbrance resulting from a violation or alleged violation affecting 4. Any claim,which arises out of the transaction vesting in the insured the estate or interest the land has been recorded in the public records at Date of Policy insured by this policy,by reason of the operation of federal bankruptcy,state insolvency,or (b)Any governmental police power not excluded by(a)above,except to the extent that a similar creditors'rights laws,that is based on: notice of the exercise thereof or a notice of a defect,lien or encumbrance resulting from a (i)the transaction creating the estate or Interest insured by this policy being deemed a violation or alleged violation affecting the land has been recorded in the public records at fraudulent conveyance or fraudulent transfer;or Date of Policy (II)the transaction creating the estate or interest insured by this policy being deemed a 2. Rights of eminent domain unless notice of the exercise thereof has been recorded in the preferential transfer except where the preferential transfer results from the failure: public records at Date of Policy,but not excluding from coverage any taking which has (a)to timely record the instrument of transfer;or occurred prior to Date of Policy which would be binding on the rights of a purchaser for value (b)of such recordation to impart notice to a purchaser for value or a judgement or lien without knowledge. creditor. The above ALTA policy forms 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 General Exceptions: 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 Taxes or assessments which are not shown as existing liens by the records of any taxing 3. Easements,liens or encumbrances,or claims thereof,which are not shown by the public authority that levies taxes or assessments on real property or by the public records. records. Proceedings by a public agency which may result in taxes or assessments,or notices of such 4. Discrepancies,conflicts in boundary lines,shortage in area,encroachments,or any other proceedings,whether or not shown by the records of such agency or by the public records. facts which a correct survey would disclose,and which are not shown by the public records. 2. Any facts,rights,interests or claims which are not shown by the public records but which 5. (a)Unpatented mining claims;(b)reservations or exceptions in patents or in Acts could be ascertained by an inspection of the land or by making inquiry of persons In authorizing the issuance thereof;(c)water rights,claims or title to water,whether or not the possession thereof. matters excepted under(a),(b),or(c)are shown by the public records. • EXHIBIT A (CONTINUED) CLTA HOMEOWNER'S POLICY OF TITLE INSURANCE(6-2-98) ALTA HOMEOWNER'S POLICY OF TITLE INSURANCE(10-17-98) 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 any law or governmental 4. Risks: regulation.This includes ordinances,laws and regulations concerning: a. that are created,allowed,or agreed to by You,whether or not they appear in the a. building Public Records; b. zoning b. that are Known to You at the Policy Date,but not to Us,unless they appear in the c. Land use Public Records at the Policy Date; d. improvements on Land c. that result in no loss to You;or e. Land division d. that first occur after the Policy Date—this does not limit the coverage described in f. environmental protection Covered Risk 7,8.d,22,23,24,or 25. This Exclusion does not apply to violations or the enforcement of these matters if notice of the 5. Failure to pay value for Your Title. violation or enforcement appears In the Public Records at the Policy Date. 6. Lack of a right: This Exclusion does not limit the coverage described in Covered Risk 14,15,16,17 or 24. a. to any Land outside the area specifically described and referred to in paragraph 3 of 2. The failure of Your existing structures,or any part of them,to be constructed in Schedule A;and accordance with applicable building codes.This Exclusion does not apply to violations of b. in streets,alleys,or waterways that touch the Land. building codes if notice of the violation appears in the Public Records at the Policy Date. This Exclusion does not limit the coverage described in Covered Risk 11 or 18. 3. The right to take the Land by condemning it,unless: a. notice of exercising the right appears in the Public Records at the Policy date;or b. the taking happened before the Policy Date and is binding on You if You bought the Land without Knowing of the taking. RESIDENTIAL TITLE INSURANCE POLICY ONE-TO-FOUR FAMILY RESIDENCE ENHANCED VERSION (1997) 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 any law or governmental 3. Title Risks: regulation.This includes building and zoning ordinances and also laws and regulations a. that are created,allowed,or agreed to by you; concerning: b. that are known to you,but not to us,on the Policy Date—unless they appeared in a. land use; the public records; b. improvements on the Land; c. that result in no loss to you;or c. land divisions;or d. that first affect your title after the Policy Date—this does not limit the coverage d. environmental protection. described in Items 3b,8,17,and 19 of Covered Title Risks. This exclusion does not apply to violations or the enforcement of these matters which appear in 4. Failure to pay value for your title. the public records at Policy Date. 5. Lack of a right:(a)to any land outside the area specifically described and referred to in This exclusion does not limit the coverage described in Item 12c and d,13 and 18 of Covered Item 3 of Schedule A or(b)in streets,alleys,or waterways that touch your land. Title Risks. This exclusion does not limit the coverage described in Items 5 and 12a of the Covered Title 2. The right to take the land by condemning it,unless: Risks. a. a notice of exercising the right appears in the public records on the Policy date;or b. the taking happened before the Policy Date and is binding on you if you bought the land without knowing of the taking. 00 W 2 ® . o 3. _ 077-127 a (J N 0 3 I in • o 0 a y r • oy 2J o"4:3 r MM `Y 7-' 51 DPI ie OM Q TR.2 r t. O '� r m„ r0 i 24' r4 �8 z 6 1i I O +Acc.SS I \ / I,..>s I r« ti 8 I I ___.,, ] 0 BIM gm— I I r I IFW14.17 ,N J ( V _, I 4 � � I a„ 1 r. I 1 1V3 I r� USOm f / \ J `� " (ca r „ £ a� B ,n a" 117 1G j5� vAxro _-� a— f Fwsacxr / 1 1..\4; m e, +Yo j v r a°a © wss — e o — 128 _(0 a v U me. m5+ ' ,ay _ —i— -.)----7-4 -4 .41E'----4' as 3. r ,A op I g g t. ti, 0.5240. .!. u^ d N 4 ti s s COMMON ARIA ix LI) si-r eia n� • i ` R _ Sen aP 30 a a fl5n7 7R.2505 Sig SOU \ l Ns' ,` I I`21� ASH sr. 45-30, 01-25dE CITY OF ARROYO GRANDE THIS MAP IS PREPARED Fay.) U1S OB MAP COUNTY OF (O 1!.0 11�,�ASSES AENT NJRPCSes TRACT 2505, R M. Bk.24, Pg.12-15 BOOK o» Pi .127 1 Important: This plat is not a survey. It is merely furnished as a convenience only to locate the land in relation to adjoining streets and other lands and not to guarantee any dimensions, distances, bearing or acreage.