PA ALTA Loan Policy 6-17-06 TIRBOP 4-1-07 Schedules

PA ALTA LOAN POLICY OF TITLE INSURANCE
SCHEDULE A

ISSUED BY

STEWART TITLE GUARANTY COMPANY

1.     Name of Insured:

2.     The estate or interest in the land that is encumbered by the Insured Mortgage is:

3.     Title is vested in:

4.     The insured Mortgage and its assignments, if any, are described as follows:

5.     The Land referred to in this policy is described as follows:

* FOR COMPANY REFERENCE ONLY; NOT AN INSURING PROVISION.

PA - ALTA LOAN POLICY OF TITLE INSURANCE 

EXHIBIT A

ISSUED BY

STEWART TITLE GUARANTY COMPANY

Legal Description

For Company Reference Only; Not An Insuring Provision:

Address:                      

Parcel ID / Tax ID Number: [Parcel ID]

PA - ALTA LOAN POLICY OF TITLE INSURANCE

SCHEDULE B PART I

ISSUED BY

STEWART TITLE GUARANTY COMPANY

This policy does not insure against loss or damage (and the Company will not pay costs, attorneys’ fees or expenses) that arise by reason of:

1.         Defects, liens, encumbrances, adverse claims or other matters, if any, created, first appearing in the public record or attaching subsequent to the effective date hereof but prior to the date the proposed insured acquires for value of record the estate or interest or mortgage thereon covered by the commitment.

2.         Discrepancies or conflicts in boundary lines, easements, encroachments, or area content which a satisfactory survey would disclose.

3.         Any lien, or right to a lien for services, labor or materials heretofore or hereafter furnished, imposed by law and not shown by public records.

4.         Rights or claims of parties in possession or under agreements of sale not shown by public records.

5.         Taxes or special assessments which are not shown on the public record.

6.         Possible additional tax assessments for new construction and or major improvements.  

7.         Any reservation, restriction, limitations, conditions or agreements set forth in the instrument by which title is vested in the insured.

8.         Subject to all coal and mining rights and all rights relating thereto:  THIS DOCUMENT DOES NOT INCLUDE OR INSURE THE TITLE TO THE COAL AND THE RIGHT OF SUPPORT UNDERNEATH THE SURFACE OF THE LAND DESCRIBED OR REFERRED TO HEREIN AND THE OWNER OR OWNERS OF SUCH COAL MAY HAVE THE COMPLETE AND LEGAL RIGHT TO REMOVE ALL SUCH COAL AND, IN THAT CONNECTION, DAMAGE MAY RESULT TO THE SURFACE OF THE LAND AND ANY HOUSE, BUILDING OR OTHER STRUCTURE ON OR IN SUCH LAND.  THE INCLUSION OF THIS NOTICE DOES NOT ENLARGE, RESTRICT OR MODIFY ANY LEGAL RIGHTS OR ESTATES OTHERWISE CREATED, TRANSFERRED, EXCEPTED OR RESERVED BY THIS INSTRUMENT.  Policy does not insure against subsidence.

9.         Excepting and reserving that portion of the premises lying in and along the roadbed(s); subject to public and private rights thereon.

10.     Company assumes no liability for the possible designation of the premises insured hereunder as a Wetlands Area by any governmental agency.

11.     Subject to any line rights of way including electric line, telephone line, cable line, water and sewer line rights of way in use and existing in, on, or under the ground and all rights in relation thereto.

12.     Amount and computation of area or acreage is not insured.

13.     Any lease, grant, exception or reservation of oil or gas rights, storage rights, or minerals or mineral rights appearing in the Public Records

14.     [Exceptions]

PA - ALTA LOAN POLICY OF TITLE INSURANCE

SCHEDULE B PART II

ISSUED BY

STEWART TITLE GUARANTY COMPANY

In addition to the matters set forth in Part I of this Schedule, the Title is subject to the following matters, and the Company insures against loss or damage sustained in the event that they are not subordinate to the lien of the Insured Mortgage:

1.     [SubordinateMatters]