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					                                                                                               APPROVED
                                                                                        Date Received:    Date Of
                                                                                                             Actio
                                                                                           06/22/2010 06/30/2010 n:
                                                                                     FL OFFICE OF INSUR
                                                                                                         ANCE REGULATION


              ALTA OWNER’S POLICY (10-17-92) OF TITLE INSURANCE WITH FLORIDA MODIFICATIONS
                                                  Issued by
                               WFG NATIONAL TITLE INSURANCE COMPANY

                                                            Policy # 0101109-


SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE EXCEPTIONS FROM COVERAGE CONTAINED IN
SCHEDULE B AND THE CONDITIONS AND STIPULATIONS, WFG NATIONAL TITLE INSURANCE COMPANY, a
South Carolina corporation, herein called the Company, insures, as of Date of Policy shown in Schedule A, against loss or
damage, not exceeding the Amount of Insurance stated in Schedule A, sustained or incurred by the insured by reason of:

   1.    Title to the estate or interest described in Schedule A being vested other than as stated therein;

   2.    Any defect in or lien or encumbrance on the title;

   3.    Unmarketability of the title;

   4.    Lack of a right of access to and from the land.

The Company will also pay the costs, attorneys’ fees and expenses incurred in defense of the title, as insured, but only to
the extent provided in the Conditions and Stipulations.

In Witness Whereof, WFG NATIONAL TITLE INSURANCE COMPANY has caused this policy to be signed and sealed
by its duly authorized officers as of the Date of Policy shown in Schedule A.




                            WFG NATIONAL TITLE INSURANCE COMPANY
                            BY:



                            President
                            ATTEST:



                            Secretary




ALTA Owner’s Policy with Florida Modifications (10/17/92)                                                           Page 1 of 6
WFG National Form No. 0101109
                                                                                                   APPROVED
                                                                                           Date Received:    Date Of
                                                                                                                Actio
                                                        EXCLUSIONS FROM COVERAGE              06/22/2010 06/30/2010 n:
                                                                                        FL OFFICE OF INSUR
                                                                                                            ANCE REGULATIO
     The following matters are expressly excluded from the coverage of this policy and the Company will not pay loss N
                                                                                                                     or
     damage, costs, attorneys’ fees or expenses which arise by reason of:

          1. (a) Any law, ordinance or governmental regulation (including but not limited to building and zoning laws,
                 ordinances, or regulations) restricting, regulating, prohibiting or relating to (i) the occupancy, use, or
                 enjoyment of the land; (ii) the character, dimensions or location of any improvement now or hereafter
                 erected on the land; (iii) a separation in ownership or a change in the dimensions or area of the land or
                 any parcel of which the land is or was a part; or (iv) environmental protection, or the effect of any violation
                 of these laws, ordinances or governmental regulations, except to the extent that a notice of the
                 enforcement thereof or a notice of a defect, lien or encumbrance resulting from a violation or alleged
                 violation affecting the land has been recorded in the public records at Date of Policy.

             (b) Any governmental police power not excluded by (a) above, except to the extent that a notice of the
                 exercise thereof or a notice of a defect, lien or encumbrance resulting from a violation or alleged violation
                 affecting the land has been recorded in the public records at Date of Policy.

          2. Rights of eminent domain unless notice of the exercise thereof has been recorded in the public records at
             Date of Policy, but not excluding from coverage any taking which has occurred prior to Date of Policy which
             would be binding on the rights of a purchaser for value without knowledge.


          3. Defects, liens, encumbrances, adverse claims or other matters:
             (a) created, suffered, assumed or agreed to by the insured claimant;

             (b) not known to the Company, not recorded in the public records at Date of Policy, but known to the insured
                 claimant and not disclosed in writing to the Company by the insured claimant prior to the date the insured
                 claimant became an insured under this policy;

             (c) resulting in no loss or damage to the insured claimant;

             (d) attaching or created subsequent to Date of Policy; or

             (e) resulting in loss or damage which would not have been sustained if the insured claimant had paid value
                 for the estate or interest insured by this policy.

          4. Any claim, which arises out of the transaction vesting in the Insured the estate or interest insured by this
             policy, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors’ rights laws, that
             is based on:

             (a) the transaction creating the estate or interest insured by this policy being deemed a fraudulent conveyance
                 or fraudulent transfer; or

             (b) the transaction creating the estate or interest insured by this policy being deemed a preferential transfer
                 except where the preferential transfer results from the failure:
                 (i) to timely record the instrument of transfer; or

                  (ii) of such recordation to impart notice to a purchaser for value or a judgment or lien creditor.




ALTA Owner’s Policy with Florida Modifications (10/17/92)                                                               Page 2 of 6
WFG National Form No. 0101109
                                                                                                           APPROVED
                                                                                                    Date Received:    Date OfActio
                                                    CONDITIONS AND STIPULATIONS                        06/22/2010 06/30/2010 n:
                                                      an alleged or apparent matter                 for which prompt CE REGU
                                                                                                 FL OFFICE OF INSUR notice is required;
                                                                                                                    AN          LATION
1. Definition of Terms                                affecting the title to the land, not          provided, however, that failure to
The following terms when used in                      excluded or excepted from                     notify the Company shall in no case
this policy mean:                                     coverage, which would entitle a               prejudice the rights of any insured
(a)       “insured”: the insured named                purchaser of the estate or                    under this policy unless the
in Schedule A, and, subject to any                    interest described in Schedule A              Company shall be prejudiced by
rights or defenses the Company                        to be released from the                       the failure and then only to the
would have had against the named                      obligation to purchase by virtue              extent of the prejudice.
insured, those who succeed to the                     of a contractual condition
interest of the named insured by                      requiring    the      delivery    of          4. Defense and Prosecution of
operation of law as distinguished                     marketable title.                             Actions;       Duty     of     Insured
from purchase including, but not                                                                    Claimant to Cooperate
limited     to,    heirs,    distributees,             2. Continuation of Insurance                 (a)       Upon written request by the
devisees,        survivors,      personal              after Conveyance of Title                    insured and subject to the options
representatives, next of kin, or                       The coverage of this policy shall            contained in Section 6 of these
corporate or fiduciary successors.                     continue in force as of Date of              Conditions and Stipulations, the
(b)       “insured      claimant”:      an             Policy in favor of an insured only           Company, at its own cost and
insured claiming loss or damage.                       so long as the insured retains an            without unreasonable delay, shall
(c)       “knowledge” or “known”:                      estate or interest in the land, or           provide for the defense of an
actual knowledge, not constructive                     holds an indebtedness secured                insured in litigation in which any
knowledge or notice which may be                       by a purchase money mortgage                 third party asserts a claim adverse
imputed to an insured by reason of                     given by a purchaser from the                to the title or interest as insured,
the public records as defined in this                  insured, or only so long as the              but only as to those stated causes
policy or any other records which                      insured shall have liability by              of action alleging a defect, lien or
impart constructive notice of matters                  reason of covenants of warranty              encumbrance or other matter
affecting the land.                                    made by the insured in any                   insured against by this policy. The
(d)       “land”: the land described or                transfer or conveyance of the                Company shall have the right to
referred to in Schedule A, and                         estate or interest. This policy              select counsel of its choice (subject
improvements affixed thereto which                     shall not continue in force in               to the right of the insured to object
by law constitute real property. The                   favor of any purchaser from the              for reasonable cause) to represent
term “land” does not include any                       insured of either (i) an estate or           the insured as to those stated
property beyond the lines of the area                  interests in the land, or (ii) an            causes of action and shall not be
described or referred to in Schedule                   indebtedness secured by a                    liable for and will not pay the fees
A, nor any right, title, interest, estate              purchase      money      mortgage            of any other counsel. The Company
or easement in abutting streets,                       given to the insured.                        will not pay any fees, costs or
roads, avenues, alleys, lanes, ways                                                                 expenses incurred by the insured in
or waterways, but nothing herein                       3. Notice of Claim to be Given               the defense of those causes of
shall modify or limit the extent to                    by Insured Claimant                          action which allege matters not
which a right of access to and from                    The insured shall notify the                 insured against by this policy.
the land is insured by this policy.                    Company promptly in writing (i)              (b)       The Company shall have
(e)       “mortgage”: mortgage, deed                   in case of any litigation as set             the right, at its own cost, to institute
of trust, trust deed, or other security                forth in Section 4(a) below, (ii) in         and prosecute any action or
instrument.                                            case knowledge shall come to                 proceeding or to do any other act
(f) “public       records”:        records             an insured hereunder of any                  which in its opinion may be
established under state statutes at                    claim of title or interest which is          necessary or desirable to establish
Date of Policy for the purpose of                      adverse to the title to the estate           the title to the estate or interest, as
imparting constructive notice of                       or interest, as insured, and                 insured, or to prevent or reduce
matters relating to real property to                   which might cause loss or                    loss or damage to the insured. The
purchasers for value and without                       damage for which the Company                 Company may take any appropriate
knowledge. With respect to Section                     may be liable by virtue of this              action under the terms of this
1(a)(iv) of the Exclusions From                        policy, or (iii) if title to the estate      policy, whether or not it shall be
Coverage, “public records” shall also                  or interest, as insured, is                  liable hereunder, and shall not
include environmental protection                       rejected as unmarketable. If                 thereby concede liability or waive
liens filed in the records of the clerk                prompt notice shall not be given             any provision of this policy. If the
of the United States district court for                to the Company, then as to the               Company shall exercise its rights
the district in which the land is                      insured all liability of the                 under this paragraph, it shall do so
located.                                               Company shall terminate with                 diligently.
(g)       “unmarketability of the title”:                                                           (c)       Whenever the Company
                                                       regard to the matter or matters              shall have brought an action or
ALTA Owner’s Policy with Florida Modifications (10/17/92)                                                                        Page 3 of 6
WFG National Form No. 0101109
                                                                                                           APPROVED
interposed a defense as required or                    insured claimant to provide the              Termination
                                                                                                    Date Received: of Liability tio
                                                                                                                      Date Of Ac
permitted by the provisions of this                    required proof of loss or                         06/22/20 claim under thisn:
                                                                                                    In case of a10 06/30/2010 policy,
policy, the Company may pursue                         damage,         the       Company’s          the Company shall have the
                                                                                                 FL OFFICE OF INSUR
                                                                                                                     ANCE REGULATION
any litigation to final determination                  obligations to the insured under             following additional options:
by a court of competent jurisdiction                   the policy shall terminate,                  (a) To Pay or Tender Payment of
and expressly reserves the right, in                   including      any      liability    or      the Amount of Insurance.
its sole discretion, to appeal from                    obligation to defend, prosecute,             (i)       To pay or tender payment
any adverse judgment or order.                         or continue any litigation, with             of the amount of insurance under
(d)        In all cases where this policy              regard to the matter or matters              this policy together with any costs,
permits or requires the Company to                     requiring such proof of loss or              attorneys’ fees and expenses
prosecute or provide for the defense                   damage. In addition, the insured             incurred by the insured claimant,
of any action or proceeding, the                       claimant may reasonably be                   which were authorized by the
insured shall secure to the Company                    required       to      submit        to      Company, up to the time of
the right to so prosecute or provide                   examination under oath by any                payment or tender of payment and
defense in the action or proceeding,                   authorized representative of the             which the Company is obligated to
and all appeals therein, and permit                    Company and shall produce for                pay.
the Company to use, at its option,                     examination, inspection and                  (ii)      Upon the exercise by the
the name of the insured for this                       copying, at such reasonable                  Company of this option, all liability
purpose. Whenever requested by                         times and places as may be                   and obligations to the insured
the Company, the insured, at the                       designated by any authorized                 under this policy, other than to
Company’s expense, shall give the                      representative of the Company,               make the payment required, shall
Company all reasonable aid (i) in                      all records, books, ledgers,                 terminate, including any liability or
any action or proceeding, securing                     checks, correspondence and                   obligation to defend, prosecute, or
evidence,         obtaining   witnesses,               memoranda, whether bearing a                 continue any litigation, and the
prosecuting or defending the action                    date before or after Date of                 policy shall be surrendered to the
or       proceeding,       or   effecting              Policy, which reasonably pertain             Company for cancellation.
settlement, and (ii) in any other                      to the loss or damage. Further, if           (b) To Pay or Otherwise Settle
lawful act which in the opinion of the                 requested by any authorized                  With Parties Other than the
Company may be necessary or                            representative of the Company,               Insured or With the Insured
desirable to establish the title to the                the insured claimant shall grant             Claimant.
estate or interest, as insured. If the                 its permission, in writing, for any          (i)       to pay or otherwise settle
Company is prejudiced by the failure                   authorized representative of the             with other parties for or in the name
of the insured to furnish the required                 Company to examine, inspect                  of an insured claimant any claim
cooperation,          the     Company’s                and copy all records, books,                 insured against under this policy,
obligations to the insured under the                   ledgers,                       checks,       together with any costs, attorneys’
policy shall terminate, including any                  correspondence                     and       fees and expenses incurred by the
liability or obligation to defend,                     memoranda in the custody or                  insured claimant which were
prosecute, or continue any litigation,                 control of a third party, which              authorized by the Company up to
with regard to the matter or matters                   reasonably pertain to the loss or            the time of payment and which the
requiring such cooperation.                            damage.          All      information        Company is obligated to pay; or
                                                       designated as confidential by                (ii)      to pay or otherwise settle
5.       Proof of Loss or Damage                       the insured claimant provided to             with the insured claimant the loss
In addition to and after the notices                   the Company pursuant to this                 or damage provided for under this
required under Section 3 of these                      Section shall not be disclosed to            policy, together with any costs,
Conditions and Stipulations have                       others unless, in the reasonable             attorneys’ fees and expenses
been provided the Company, a proof                     judgment of the Company, it is               incurred by the insured claimant
of loss or damage signed and sworn                     necessary in the administration              which were authorized by the
to by the insured claimant shall be                    of the claim. Failure of the                 Company up to the time of payment
furnished to the Company within 90                     insured claimant to submit for               and which the Company is
days after the insured claimant shall                  examination          under        oath,      obligated to pay. Upon the exercise
ascertain the facts giving rise to the                 produce       other       reasonably         by the Company of either of the
loss or damage. The proof of loss or                   requested information or grant               options provided for in paragraphs
damage shall describe the defect in,                   permission to secure reasonably              b(i) or (ii), the Company’s
or lien or encumbrance on the title,                   necessary information from third             obligations to the insured under this
or other matter insured against by                     parties as required in this                  policy for the claimed loss or
this policy which constitutes the                      paragraph shall terminate any                damage, other than the payments
basis of loss or damage and shall                      liability of the Company under               required to be made, shall
state, to the extent possible, the                     this policy as to that claim.                terminate, including any liability or
basis of calculating the amount of                                                                  obligation to defend, prosecute or
the loss or damage. If the Company                     6.     Options to           Pay or           continue any litigation.
is prejudiced by the failure of the                    Otherwise   Settle          Claims;
ALTA Owner’s Policy with Florida Modifications (10/17/92)                                                                      Page 4 of 6
WFG National Form No. 0101109
                                                                                                          APPROVED
7.    Determination,      Extent     of                performed its obligations with              (b) Received:
                                                                                                   DateWhen liability and the extent
                                                                                                                    Date Of Action: of
Liability and Coinsurance                              respect to that matter and shall               06/22/2010 06/30 been
                                                                                                   loss or damage has /2010 definitely
This policy is a contract of indemnity                 not be liable for any loss or                               ANCE RE withTIO
                                                                                                   fixed in accordance GU
                                                                                                FL OFFICE OF INSUR               these
                                                                                                                              LA
against actual monetary loss or                        damage caused thereby.                      Conditions and Stipulations, N the
damage sustained or incurred by the                    (b)        In the event of any              loss or damage shall be payable
insured claimant who has suffered                      litigation, including litigation by         within 30 days thereafter.
loss or damage by reason of matters                    the Company or with the
insured against by this policy and                     Company’s         consent,       the        13. Subrogation Upon Payment
only to the extent herein described.                   Company shall have no liability             or Settlement
(a) The liability of the Company                       for loss or damage until there              (a) The Company’s Right of
under this policy shall not exceed                     has been a final determination              Subrogation.
the least of:                                          by a court of competent                     Whenever the Company shall have
(i)      the Amount of Insurance                       jurisdiction, and disposition of all        settled and paid a claim under this
stated in Schedule A; or, (ii) the                     appeals therefrom, adverse to               policy, all right of subrogation shall
difference between the value of the                    the title as insured.                       vest in the Company unaffected by
insured estate or interest as insured                  (c)        The Company shall not            any act of the insured claimant.
and the value of the insured estate                    be liable for loss or damage to             The Company shall be subrogated
or interest subject to the defect, lien                any       insured     for    liability      to and be entitled to all rights and
or encumbrance insured against by                      voluntarily assumed by the                  remedies       which    the     insured
this policy.                                           insured in settling any claim or            claimant would have had against
(b) (This paragraph removed in                         suit without the prior written              any person or property in respect to
Florida policies.)                                     consent of the Company.                     the claim had this policy not been
(c) The Company will pay only those                                                                issued. If requested by the
costs, attorneys’ fees and expenses                    10. Reduction of Insurance;                 Company, the insured claimant
incurred in accordance with Section                    Reduction or Termination of                 shall transfer to the Company all
4     of   these    Conditions     and                 Liability                                   rights and remedies against any
Stipulations.                                          All payments under this policy,             person or property necessary in
                                                       except payments made for                    order to perfect this right of
8. Apportionment                                       costs, attorneys’ fees and                  subrogation. The insured claimant
If the land described in Schedule A                    expenses, shall reduce the                  shall permit the Company to sue,
consists of two or more parcels                        amount of the insurance pro                 compromise or settle in the name
which are not used as a single site,                   tanto.                                      of the insured claimant and to use
and a loss is established affecting                                                                the name of the insured claimant in
one or more of the parcels but not                     11. Liability Noncumulative                 any     transaction     or    litigation
all, the loss shall be computed and                    It is expressly understood that             involving these rights or remedies.
settled on a pro rata basis as if the                  the amount of insurance under               If a payment on account of a claim
amount of insurance under this                         this policy shall be reduced by             does not fully cover the loss of the
policy was divided pro rata as to the                  any amount the Company may                  insured claimant, the Company
value on Date of Policy of each                        pay under any policy insuring a             shall be subrogated to these rights
separate parcel to the whole,                          mortgage to which exception is              and remedies in the proportion
exclusive of any improvements                          taken in Schedule B or to which             which the Company’s payment
made subsequent to Date of Policy,                     the    insured    has    agreed,            bears to the whole amount of the
unless a liability or value has                        assumed, or taken subject, or               loss. If loss should result from any
otherwise been agreed upon as to                       which is hereafter executed by              act of the insured claimant, as
each parcel by the Company and the                     an insured and which is a                   stated above, that act shall not void
insured at the time of the issuance of                 charge or lien on the estate or             this policy, but the Company in that
this policy and shown by an express                    interest described or referred to           event, shall be required to pay only
statement or by an endorsement                         in Schedule A, and the amount               that part of any losses insured
attached to this policy.                               so paid shall be deemed a                   against by this policy which shall
                                                       payment under this policy to the            exceed the amount, if any, lost to
9. Limitation of Liability                             insured owner.                              the Company by reason of the
(a)       If the Company establishes                                                               impairment by the insured claimant
the title, or removes the alleged                      12. Payment of Loss                         of the Company’s right of
defect, lien or encumbrance, or                        (a) No payment shall be made                subrogation.
cures the lack of a right of access to                 without producing this policy for
or from the land, or cures the claim                   endorsement of the payment                  (b) The Company’s Rights
of unmarketability of title, all as                    unless the policy has been lost             Against Non-insured Obligors.
insured, in a reasonably diligent                      or destroyed, in which case                 The Company’s right of subrogation
manner by any method, including                        proof of loss or destruction shall          against non-insured obligors shall
litigation and the completion of any                   be furnished to the satisfaction            exist and shall include, without
appeals therefrom, it shall have fully                 of the Company.                             limitation, the rights of the insured
ALTA Owner’s Policy with Florida Modifications (10/17/92)                                                                       Page 5 of 6
WFG National Form No. 0101109
                                                                                                        APPROVED
to indemnities, guaranties, other                      prevailing party. Judgment upon           be made
                                                                                                 Date Received:except by a writing
                                                                                                                  Date Of Action:
policies of insurance or bonds,                        the award rendered by the                   06/22/20 hereon or
                                                                                                 endorsed 10 06/30/2010 attached
notwithstanding any terms or                           Arbitrator(s) may be entered in            hereto INSURANCE REGU
                                                                                               FL OFFICE OF signed by either the
                                                                                                                        LATION
conditions contained in those                          any court having jurisdiction             President, a Vice President, the
instruments which provide for                          thereof. The law of the situs of          Secretary, an Assistant Secretary,
subrogation rights by reason of this                   the land shall apply to an                or validating officer or authorized
policy.                                                arbitration under the Title               signatory of the Company.
                                                       Insurance Arbitration Rules. A
14.Arbitration                                         copy of the Rules may be                  16.Severability
Unless prohibited by applicable law,                   obtained from the Company                 In the event any provision of the
arbitration pursuant to the Title                      upon request.                             policy    is    held     invalid  or
Insurance Arbitration Rules of the                                                               unenforceable under applicable
American Arbitration Association                       15. Liability Limited to this             law, the policy shall be deemed not
may be demanded if agreed to by                        Policy; Policy Entire Contract            to include that provision and all
both the Company and the insured.                      (a) This policy together with all         other provisions shall remain in full
Arbitrable matters may include, but                    endorsements, if any, attached            force and effect.
are not limited to, any controversy or                 hereto by the Company is the
claim between the Company and the                      entire policy and contract                17. Notices, Where Sent
insured arising out of or relating to                  between the insured and the               All notices required to be given the
this policy, any service of the                        Company. In interpreting any              Company and any statement in
Company in connection with its                         provision of this policy, this            writing required to be furnished the
issuance or the breach of a policy                     policy shall be construed as a            Company shall include the number
provision     or    other   obligation.                whole.                                    of this policy and shall be
Arbitration pursuant to this policy                    (b)      Any claim of loss or             addressed to the Home Office,
and under the Rules in effect on the                   damage, whether or not based              WFG          NATIONAL         TITLE
date the demand for arbitration is                     on negligence, and which arises           INSURANCE        COMPANY,       340
made or, at the option of the insured,                 out of the status of the title to the     Oswego Pointe Drive, Suite 100,
the Rules in effect at Date of Policy                  estate or interest covered                Lake Oswego, OR 97034.
shall be binding upon the parties.                     hereby or by any action
The award may include attorneys’                       asserting such claim, shall be
fees only if the laws of the state in                  restricted to this policy.
which the land is located permit a                     (c)      No amendment of or
court to award attorneys’ fees to a                    endorsement to this policy can




ALTA Owner’s Policy with Florida Modifications (10/17/92)                                                                   Page 6 of 6
WFG National Form No. 0101109

				
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