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. � <br /> ,� GOMMITMENt FOR TITLE INSURANCE �, , ��.T.�.____ _,. <br /> Issued by Lawyers Title Insurance Corporation ��� � ��� �� ry <br /> S�P 1 6 1003 <br /> � LandAmerica p�°- , �� <br /> Lawyers Ttle Msurance Co�poration is a member of the LandAmerica family of tiUe i urarlc�°nndeiWrS�rs. { <br /> Lawyers Title �.,�„r.� . .�;��: � <br /> ,. . �_.,.� <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 sha►I 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 /> _�E�pSURAp�F��I, <br /> i 1�1.. . C�9 II <br /> � � � i �/ ,/� <br /> Attest: � �� i 3..���L..'�� By' � � (� U <br /> Secretary ��i���'••. �9 2 5 :'�+�� President <br /> i �'•• :•' � <br /> 1�1 q�•........••��, _ <br /> `\����M������ <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 />