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L� �/ o�� <br /> CO ITMENT FOR ITLE INSURANCE <br /> � Issued by Lawyers Title Insurance Corporation <br /> �i,� LandAmerica Lawyers Title Insurance Corporation is a mem6erof the LandAmerica familyof title insurance underwriters. <br /> � Lawyers Title <br /> LAWYERS TITLE INSURANCE CORPORATION,a Virginia corporation, herein called the Company,for valuable consideration, <br /> hereby commits to issue its policy or policies of title insurance, as identified in Schedule A, in favor of the proposed Insured <br /> named in Schedule A, as owner or mortgagee of the estate or interest covered hereby in the land described or referred to in <br /> Schedule A, upon payment of the premiums and charges therefor; all subject to the provisions of Schedules A and B and to the <br /> Conditions and Stipulations hereof. <br /> This Commitment shall be effective only when the identity of the proposed Insured and the amount of the policy or policies <br /> committed for have been inserted in Schedule A hereof by the Company, either at the time of the issuance of this Commitment <br /> or by subsequent endorsement. <br /> This Commitment is preliminary to the issuance of such policy or policies of title insurance and all liability and obligations <br /> hereunder shall cease and terminate six (6) months after the effective date hereof or when the policy or policies committed for <br /> shall issue, whichever first occurs, provided that the failure to issue such policy or policies is not the fault of the Company.This <br /> Commitment shall not be valid or binding until countersigned by an authorized officer or agent. <br /> IN WITNESS WHEREOF, LAWYERS TITLE INSURANCE CORPORATION has caused its corporate name and seal to be <br /> hereunto affixed by its duly authorized officers,the Commitment to become valid when countersigned by an authorized officer or <br /> agent of the Company. <br /> LAWYERS TITLE INSURANCE CORPORATION <br /> .....��� <br /> =�.�'�NSUR�N�f�11� <br /> �'���• _._�'•C�y��l <br /> Attest: � � G✓� iY`•.���L..F',/ BY� � � ' ��� <br /> Secretary ��i�;�''•., �925 :`��% President <br /> ��11``;;`MO"``'_= <br /> Conditions and Stipulations <br /> 1. The term"mortgage,"when used herein, shall include deed of trust,trust deed, or other security instrument. <br /> 2. If the proposed Insured has or acquires actual knowledge of any defect, lien, encumbrance, adverse claim or other matter <br /> affecting the estate or interest or mortgage thereon covered by this Commitment other than those shown in Schedule B <br /> hereof, and shall fail to disclose such knowledge to the Company in writing, the Company shall be relieved from liability for <br /> any loss or damage resulting from any act of reliance hereon to the extent the Company is prejudiced by failure to so <br /> disclose such knowledge. If the proposed Insured shall disclose such knowledge to the Company, or if the Company <br /> otherwise acquires actual knowledge of any such defect, lien, encumbrance,adverse claim or other matter,the Company at <br /> its option may amend Schedule B of this Commitment accordingly,but such amendment shall not relieve the Company from <br /> liability previously incurred pursuant to paragraph 3 of these Conditions and Stipulations. <br /> 3. Liability of the Company under this Commitment shall be only to the named proposed Insured and such parties included <br /> under the definition of Insured in the form of policy or policies committed for and only for actual loss incurred in reliance <br /> hereon in under taking in good faith (a) to comply with the requirements hereof, or (b) to eliminate exceptions shown in <br /> Schedule B, or(c)to acquire or create the estate or interest or mortgage thereon covered by this Commitment. In no event <br /> shall such liability exceed the amount stated in Schedule A for the policy or policies committed for and such liability is <br /> subject to the insuring provisions and Conditions and Stipulations and the Exclusions from Coverage of the form of policy or <br /> policies committed for in favor of the proposed Insured which are hereby incorporated by reference and are made a part of <br /> this Commitment except as expressly modified herein. <br /> 4. Any action or actions or rights of action that the proposed Insured may have or may bring against the Company arising out <br /> of the status of the title to the estate or interest or the status of the mortgage thereon covered by this Commitment must be <br /> based on and are subject to the provisions of this Commitment. <br /> ALTA Commitment-1966 <br /> Cover Page <br /> Form 1004-268 ORIGINAL <br />