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HomeMy WebLinkAboutTSM22-0003 Title DocsOrder Number: 0401-6861765 Page Number: 1 UPDATED (7/29/2022) t H,r ■/ X Mid Valley Title & Escrow Company601 Main Street, Chico, CA 95928Affiliated with First American Title Insurance Company Escrow Officer: Phone: Fax No.: E-Mail: Tami Renae Barlow (530)893-5644 (866)739-4927 tbar!ow@firstam.com E-Mall Loan Documents to:ChicoEdocs.ca@firstam.com Title Officer: Phone: Fax No.: E-Mail: Nate Orgain (530)879-2537 (866)217-5487 norgain@firstam.com Buyer:Owner: Property: Waters Robbin Parks 0 Nord Avenue Chico, CA 95973 PRELIMINARY REPORT In response to the above referenced application for a policy of title insurance, this company hereby reports that it is prepared toissue, or cause to be issued, as of the date hereof, a Policy or Policies of Title Insurance 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 below 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 and Limitations on Covered Risks of said policy or policies are set forth in Exhibit A attached. The policy to be issued may contain an arbitration dause. When the Amount of Insurance is less than that setford) in the arbitration clause, all arbitrable matters shall be arbitrated at the option of either the Company or the Insured as die exclusive remedy of the parties. Limitations on Covered Risks applicable to the CLTA and ALTA Homeowner's Policies of TitleInsurance which establish a Deductible Amount and a Maximum Dollar Limit of Liability for certain coverages are also set forth in Exhibit A. 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 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 the land. Please be advised that any provision contained in this document, or in a document that is attached, linked or referenced in this document, that under applicable law illegally discriminates against a class of individuals based upon personal characteristics such as race, color, religion, sex, sexual orientation, gender identity, familial status,disability, national origin, or any other legally protected class, is illegal and unenforceable by law. 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. Mid Valley Title & Escrow Company Order Number: 0401-6861765 Page Number: 2 Dated as of July 28, 2022 at 7:30 A.M. The form of Policy of title insurance contemplated by this report is: ALTA Extended Loan Policy and ALTA Standard Owner Policy A specific request should be made if another form or additional coverage is desired. Title to said estate or interest at the date hereof is vested in: Lowell E. Magoon, as to a life estate, and Robbin Parks, a married woman, as her sole and separate property, as to the remainder, as to Parcel I; Robbin Parks, an unmarried woman, as her solae and separate property, as to Parcel II; Robbin M. Parks, an unmarried woman, as to Parcel III The estate or interest in the land hereinafter described or referred to covered by this Report is: A fee. The Land referred to herein is described as follows: (See attached Legal Description) At the date hereof exceptions to coverage in addition to the printed Exceptions and Exclusions in said policy form would be as follows: General and special taxes and assessments for the fiscal year 2022-2023, a lien not yet due or payable. 1. The lien of supplemental taxes, if any, assessed pursuant to Chapter 3.5 commencing with Section 75 of the California Revenue and Taxation Code. 2. RE-CHECK SUPPLEMENTAL TAXES PRIOR TO THE CLOSE OF ESCROW. Rights of the public in and to that portion of the land lying within Nord Ave.3. The terms and provisions contained in the document entitled Retained Right of Occupancy recorded July 22, 2004 as Serial No. 2004-0044421 of Official Records. 4. Affects Parcel I. 5.A deed of trust to secure an original indebtedness of $101,001.00 recorded August 29, 2013 as Serial No. 2013-0035123 of Official Records. Dated: Trustor: Trustee: Beneficiary: August 26, 2013 Robbin M. Parks, an unmarried person Placer Title Company Tri Counties Bank Mid Valley Title & Escrow Company Order Number: 0401*6861765 Page Number: 3 The above deed of trust states that it secures a line of credit. Before the close of escrow, we require evidence satisfactory to us that (a) ail checks, credit cards or other means of drawing upon the line of credit have been surrendered to escrow, (b) the borrower has not drawn upon the line of credit since the last transaction reflected in the iender's payoff demand, and (c) the borrower has in writing instructed the beneficiary to terminate the line of credit using such forms and following such procedures as may be required by the beneficiary. A document recorded October 18, 2016 as Seriai No. 2016-QQ39539 of Official Records provides that the deed of trust or the obligation secured thereby has been modified. Affects Parcei III. The terms, conditions, and provisions of the Notice of an Independent Solar Energy Producer Contract recorded December 10, 2018 as Serial No. 2018-0040524, Official Records. 6. The solar electric generation system, if any, located on the land being owned by an Independent Solar Energy Producer. 7. Affects Parcel III. 8.Any claim that the Title is subject to a trust or lien created under The Perishable Agricultural Commodities Act (7 U.S.C. §§499a, et seq.) or the Poultry and Stockyards Act (7 U.S.C. §§181 et seq.) or under similar state laws. NOTE: This file involves The Perishable Agricultural Commodities Act (7 U.S.C. §§499a, et seq.) or the Poultry and Stockyards Act (7 U.S.C. §§181 et seq.) and will require First American Senior Underwriting Approval prior to the close of escrow. Any rights, interests, or claims of parties in possession of the land not shown by the public records.9. 10.Water rights, claims or title to water, whether or not shown by the public records. NO:jb/no Mid Valley Title & Escrow Company Order Number: 0401-6861765 Page Number; 4 INFORMATIONAL NOTES Note: The policy to be issued may contain an arbitration clause. When the Amount of Insurance is less than the certain dollar amount set forth in any applicable arbitration clause, all arbitrable matters shall be arbitrated at the option of either the Company or the Insured as the exclusive remedy of the parties. If you desire to review the terms of the policy, including any arbitration clause that may be included, contact the office that issued this Commitment or Report to obtain a sample of the policy jacket for the policy that is to be issued in connection with your transaction. Statement of information from Lowell Magoon.1. Abstract of support Judgment Recorded March 26, 1997 as Serial No. 97-010836. Taxes for proration purposes only for the fiscal year 2021-2022. First Installment: Second Installment: Tax Rate Area: APN; $1,534.63, PAID $1,534.63, PAID 062-022 042-050-075 (Parcel I) 2. 3.Taxes for proration purposes only for the fiscal year 2021-2022. First Installment: Second Installment: Tax Rate Area: APN: $15.58, PAID $15.98, PAID 062-022 042-050-062 (Parcel II) Taxes for proration purposes only for the fiscal year 2021-2022. First Installment: Second Installment: Tax Rate Area; APN: $346.48, PAID $346.48, PAID 062-022 042-050-035 (Parcel III) 4. According to the public records, there has been no conveyance of the land within a period of twenty- four months prior to the date of this report, except as follows: 5. None According to the latest available equalized assessment roll in the office of the county tax assessor, there is located on the land a(n) Agriculture known as 0 Nord Avenue, Chico, California. 6. The Vestee herein acquired Title by Document (s) Recorded April 30, 2004 as Serial No. 2004- 0025530 as to Parcel I, February 29, 2012 as Serial No. 2012-0007435 as to Parcel II, and March 24, 2010 as Serial No. 2010-0009641 and August 29, 2013 as Serial No. 2013-0035122 as to Parcel III. 7. The map attached, if any, may or may not be a survey of the land depicted hereon. Mid Valley Title & Escrow Company expressly disclaims any liability for loss or damage which may result from reliance on this map except to the extent coverage for such loss or damage is expressly provided by the terms and provisions of the title insurance policy, if any, to which this map is attached. Mid Valley Title & Escrow Company Order Number: 0401-6861765 Page Number: 5 LEGAL DESCRIPTION Real property in the unincorporated area of the County of Butte, State of California, described as follows: PARCEL I: BEING A PORTION OF LOTS 49 AND 53, AS SHOWN ON THAT CERTAIN MAP ENTITLED, "MAP OF THE THIRD SUBDIVISION OF THE JOHN BIDWELL RANCHO, NEAR CHICO, BUTTE COUNTY, CALIFORNIA, SURVEYED BY H. B. SHACKELFORD, LICENSED SURVEYOR", WHICH MAP WAS RECORDED IN THE OFFICE OF THE RECORDER OF THE COUNTY OF BUTTE, STATE OF CALIFORNIA, ON SEPTEMBER 17, 1900, IN BOOK 5 OF MAPS, AT PAGE(S) 8. BEING ALL OF SAID LOTS 49 AND 53. EXCEPTING THEREFROM THE FOLLOWING DESCRIBED PARCEL LYING WITHIN SAID LOTS 49 AND 53: BEGINNING AT THE MOST EASTERLY CORNER OF SAID LOT 53 BEING ALSO A POINT IN THE CENTERLINE OF NORD AVENUE; THENCE ALONG THE SOUTHEASTERLY BOUNDARIES OF SAID LOTS 53 AND 49, SOUTH 29° 12' 00" WEST A DISTANCE OF 1133.88 FEET TO THE MOST SOUTHERLY CORNER OF SAID LOT 49, BEING ALSO A POINT IN THE CENTERLINE OF RODEO AVENUE; THENCE ALONG THE SOUTHWESTERLY BOUNDARY OF SAID LOT 49, BEING ALSO THE CENTERLINE OF SAID RODEO AVENUE, NORTH 60° 48' 00" WEST A DISTANCE OF 344.39 FEET; THENCE ALONG A LINE PARALLEL WITH THE SOUTHEASTERLY BOUNDARIES OF SAID LOTS 49 AND 53, NORTH 29° 12' 00" EAST A DISTANCE OF 1282.08 FEET TO THE NORTHEASTERLY BOUNDARY OF SAID LOT 53, BEING ALSO A POINT IN THE CENTERLINE OF NORD AVENUE; THENCE ALONG SAID NORTHEASTERLY BOUNDARY SOUTH 37° 31’ 00" EAST A DISTANCE OF 374.92 FEET TO THE POINT OF BEGINNING. ALSO EXCEPTING THEREFROM A PORTION OF LOT 53 DESCRIBED AS FOLLOWS: BEGINNING AT THE INTERSECTION OF THE NORTHWESTERLY LINE OF SAID LOT 53 WITH THE INTERSECTION OF NORD AVENUE; THENCE SOUTH 37° 31' 00" EAST A DISTANCE OF 100.00 FEET ALONG THE CENTERLINE OF SAID NORD AVENUE; THENCE SOUTH 29° 12' 00" WEST A DISTANCE OF 158.66 FEET PARALLEL WITH THE NORTHWESTERLY LINE OF SAID LOT 53; THENCE NORTH 37° 31' 00" WEST A DISTANCE OF 100.00 FEET PARALLEL WITH THE CENTERLINE OF SAID NORD AVENUE TO THE NORTHWESTERLY LINE OF SAID LOT 53; THENCE NORTH 29° 12' 00" EAST A DISTANCE OF 158.66 FEET ALONG THE NORTHWESTERLY LINE OF SAID LOT 53 TO THE POINT OF BEGINNING. PARCEL HEREIN IS PURSUANT TO A LOT LINE ADJUSTMENT APPROVED BY THE COUNTY OF BUTTE, BY DEED RECORDED DECEMBER 7, 1993, UNDER BUTTE COUNTY RECORDER'S SERIAL NO. 93-54028, AND THIS IS THE RESULTANT DESCRIPTION WHICH RECORDED DECEMBER 7, 1993, UNDER BUTTE COUNTY RECORDER'S SERIAL NO. 93-54031. PARCEL II: THE SOUTHEASTERLY 31 FEET OF THE FOLLOWING DESCRIBED PARCEL OF LAND; A PORTION OF LOT 54, AS SAID LOT IS SHOWN UPON THAT CERTAIN MAP ENTITLED, "MAP OF THE THIRD SUBDIVISION OF THE JOHN BIDWELL RANCHO," WHICH MAP WAS FILED IN THE OFFICE OF THE RECORDER OF THE COUNTY OF BUTTE, STATE OF CALIFORNIA, ON SEPTEMBER 17, 1900 IN BOOK 5 OF MAPS, AT PAGE 8, MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE CORNER COMMON TO LOTS 53 AND 54, SAID POINT BEING IN THE CENTERLINE OF NORD AVENUE; THENCE SOUTH 29° 04' 32" WEST, A DISTANCE OF 761.08 FEET AIDING THE LINE Mid Valley Title & Escrow Company Order Number: 0401-6861765 Page Number: 6 COMMON TO LOTS 53 AND 54 TO THE CORNER COMMONS TO LOTS 48, 49, 53 AND THENCE NORTH 60“ 48' 46" WEST ALONG THE LINE COMMON TO LOTS 48 AND 54, A DISTANCE OF 280.00 FEET; THENCE NORTH 29° 14' 32" EAST AND PARALLEL TO THE LINE COMMON TO LOTS 53 AND 54, A DISTANCE OF 881.64 FEET TO A POINT, SAID POINT BEING ON THE CENTERLINE OF NORD AVENUE AND IN THE EAST LINE OF LOT 54; THENCE SOUTH 37° 31' 00" EAST ALONG THE CENTERLINE OF NORD AVENUE AND THE EAST LINE OF LOT 54, A DISTANCE OF 304.85 FEET TO THE POINT OF BEGINNING. PARCEL III: A PORTION OF LOT 53 AS SHOWN ON THAT CERTAIN MAP ENTITLED, "MAP OF THE THIRD SUBDIVISION OF THE JOHN BIDWELL RANCHO, NEAR CHICO, BUTTE COUNP/, CALIFORNIA", WHICH MAP WAS RECORDED IN THE OFFICE OF THE RECORDER OF THE COUNTY OF BUTTE, STATE OF CALIFORNIA, SEPTEMBER 17, 1900, IN MAP BOOK 5 AT PAGE 8, AND MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE INTERSECTION OF THE NORTHWESTERLY LINE OF SAID LOT 53 WITH THE CENTERLINE LINE OF NORD AVENUE; THENCE SOUTH 37° 31' EAST, 100.00 FEET ALONG THE CENTERLINE LINE OF SAID NORD AVENUE; THENCE SOUTH 29° 12' EAST, 158.66 FEET PARALLEL WITH THE NORTHWESTERLY LINE OF SAID LOT 53; THENCE NORTH 37° 31' WEST, 100.00 FEET PARALLEL WITH THE CENTERLINE LINE OF SAID NORD AVENUE TO THE NORTHWESTERLY LINE OF SAID LOT 53 THENCE NORTH 29° 12' EAST, 158.66 FEET ALONG THE NORTHWESTERLY LINE OF SAID LOT 53 TO THE POINT OF BEGINNING. EXCEPTING THEREFROM ALL OIL, GAS, AND OTHER HYDROCARBONS AND MINERALS WHICH GRANTORS MAY HAVE AN INTEREST IN, SUBJECT TO RIGHTS OF WAY, RESTRIOIONS, RESERVATIONS AND EASEMENTS EXISTING OR OF RECORD. APN: 042-050-075 (Parcel I) and 042-050-062 (Parcel II) and 042-050-035 (Parcel III) Mid Valley Title & Escrow Company Order Number: 0401-6861765 Page Number: 7 NOTICE Section 12413.1 of the California Insurance Code, effective January 1, 1990, requires that any title insurance company, underwritten title company, or controlled escrow company handling funds in an escrow or sub escrow capacity, wait a specified number of days after depositing funds, before recording any documents in connection with the transaction or disbursing funds. This statute allows for funds deposited by wire transfer to be disbursed the same day as deposit. In the case of cashier's checks or certified checks, funds may be disbursed the next day after deposit. In order to avoid unnecessary delays of three to seven days, or more, please use wire transfer, cashier's checks, or certified checks whenever possible. If you have any questions about the effect of this new law, please contact your local Mid Valley Title & Escrow Company Office for more details. Mid Valley Title & Escrow Company Order Number: 0401-6861765 Page Number: 8 EXHIBIT A LIST OF PRINTED EXCEPTIONS AND EXCLUSIONS (BY POLICY TYPE) CLTA/ALTA HOMEOWNER'S POLICY OF TITLE INSURANCE (02-03-10) EXCLUSIONS In addition to the Exceptions in Schedule B, You are not insured against loss, costs, attorneys' fees, and expenses resulting from: Governmental police power, and the existence or violation of those portions of any law or government regulation concerning: (d) improvements on the Land; (e) land division; and (f) environmental protection. This Exclusion does not limit the coverage described in Covered Risk 8.a., 14, 15, 16, 18, 19, 20, 23 or 27. The failure of Your existing structures, or any part of them, to be constructed in accordance with applicable building codes. This Exclusion does not limit the coverage described in Covered Risk 14 or 15. The right to take the Land by condemning it. This Exclusion does not limit the coverage described in Covered Risk 17. Rsks: (a) that are created, allowed, or agreed to by You, whether or not they are recorded in the Public Records; (b) that are Known to You at the Policy Date, but not to Us, unless they are recorded in the Public Records at the Policy Date; (c) that result in no loss to You; or (d) that first occur after One Policy Date - this does not limit the coverage described in Covered Risk 7, 8.e., 25, 26, 27 or 28. Failure to pay value for Your Title. Lack of a right: (a) to any land outside the area specifically described and referred to in paragraph 3 of Schedule A; and (b) in streets, alleys, or waterways that touch the Land. This Exclusion does not limit the coverage described in Covered Risk 11 or 21. The transfer of the Title to You is invalid as a preferential transfer or as a fraudulent transfer or conveyance under federal bankruptcy, state insolvency, or similar creditors' rights laws. 1. (a) building; (b) zoning; (c) land use; 2. 3. 4. 5. 6. 7. LIMITATIONS ON COVERED RISKS Your insurance for the following Covered Risks is limited on the Owner's Coverage Statement as follows: For Covered Risk 16, 18,19, and 21 Your Deductible Amount and Our Maximum Dollar Limit of Liability shown in Schedule A. Your Deductible Amount Our Maximum Dollar Limit of Liability 1% of Policy Amount or $2,500.00 (whichever is less) 1% of Policy Amount or $5,000.00 (whichever is less) 1% of Policy Amount or $5,000.00 (whichever is less) 1% of Policy Amount or $2,500.00 (whichever is less) Covered Risk 16 Covered Risk 18 Covered Risk 19 Covered Risk 21 $10,000.00 $25,000.00 $25,000.00 $5,000.00 ALTA RESIDENTIAL TITLE INSURANCE POLICY (6-1-87) EXCLUSIONS In addition to the Exceptions in Schedule B, you are not insured against loss, costs, attorneys' fees, and expenses resulting from: Governmental police power, and the existence or violation of any law or government regulation. This includes building and zoning ordinances and also laws and regulations concerning: (a) and use (b) improvements on the (and (c) and division (d) environmental protection This exclusion does not apply to violations or the enforcement of these matters which appear in the public records at Policy Date. This exclusion does not limit the zoning coverage described in Items 12 and 13 of Covered Title Risks. The right to take the land by condemning it, unless; (a) a notice of exercising the right appears in the public records on the Policy Date (b) the taking happened prior to the Policy Date and is binding on you if you bought the land without knowing of the taking Title Risks; (a) that are created, allowed, or agreed to by you (b) that are known to you, but not to us, on the Policy Date -- unless they appeared in the public records (c) that result in no loss to you (d) that first affect your title after the Policy Date -- this does not limit the labor and material lien coverage in Item 8 of Covered Title Risks Failure to pay value for your title. Lack of a right: (a) to any land outside the area specifically described and referred to in Item 3 of Schedule A OR (b) in streets, alleys, or waterways that touch your land This exclusion does not limit the access coverage in Item 5 of Covered Title Risks. 1. 2. 3. 4. 5. Mid Valley Title & Escrow Company Order Number: 0401-6861765 Page Number: 9 2006 ALTA LOAN POLICY (06-17-06) EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of this policy, and the Company will not pay loss or damage, expenses that arise by reason of: (a) Any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) restricting, relating to 1. costs, attorneys' fees, or regulating, prohibiting, or (i) the occupancy, use, or enjoyment of the Land; (ii) the character, dimensions, or location of any improvement erected on the Land; (iii) the subdivision of land; or (iv) environmental protection; or the effect of any violation of these laws, ordinances, or governmental regulations. This Exclusion 1(a) does not modify or limit the coverage provided under Covered Risk 5. (b) Any governmental police power. This Exclusion 1(b) does not modify or limit the coverage provided under Covered Risk 6. Rights of eminent domain. This Exclusion does not modify or limit the coverage provided under Covered Risk 7 or 8. 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 (however, this does not modify or limit the coverage provided under Covered Risk 11, 13, or 14); 2. 3, or (e) resulting in loss or damage that would not have been sustained if the Insured Claimant had paid value for the Insured Mortgage. Unenforceability of the lien of the Insured Mortgage because of the Inability or failure of an Insured to comply with applicable doing-business laws of the state where the Land is situated. Invalidity or unenforceability in whole or in part of the lien of the Insured Mortgage that arises out of the transaction evidenced by the Insured Mortgage and is based upon usury or any consumer credit protection or truth-in-lending law. Any claim, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors' rights laws, that the transaction creating the lien of the Insured Mortgage, is (a) a fraudulent conveyance or fraudulent transfer, or (b) a preferential transfer for any reason not stated in Covered Risk 13(b) of this policy. Any lien on the Title for real estate taxes or assessments imposed by governmental authority and created or attaching between Date of Policy and the date of recording of the Insured Mortgage in the Public Records. This Exclusion does not modify or limit the coverage provided under Covered Risk 11(b). 4. 5. 6. 7. The above policy form 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 Exceptions from Coverage: EXCEPTIONS FROM COVERAGE 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: (a) Taxes or assessments that are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the Public Records; (b) proceedings by a public agency that may result in taxes or assessments, or notices of such proceedings, whether or not shown by the records of such agency or by the Public Records. Any facts, rights, interests, or claims that are not shown by the Public Records but that could be ascertained by an inspection of the Land or that may be asserted by persons in possession of the Land. Easements, liens or encumbrances, or claims thereof, not shown by the Public Records. Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the Land and not shown by the Public Records, (a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (c) water rights, claims or title to water, whether or not the matters excepted under (a), (b), or (c) are shown by the Public Records. Any lien or right to a lien for sen/ices, labor or material not shown by the public records. 1. 2. 3. 4. 5. 6. 2006 ALTA OWNER'S POLICY (06-17-06) EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of this policy, and the Company will not pay loss or damage, expenses that arise by reason of: (a) Any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) restricting, relating to 1. costs, attorneys' fees, or regulating, prohibiting, or (i) the occupancy, use, or enjoyment of the Land; (ii) the character, dimensions, or location of any improvement erected on the Land; (iii) the subdivision of land; or (iv) environmental protection; or the effect of any violation of these lawrs, ordinances, or governmental regulations. This Exclusion 1(a) does not modify or limit the coverage provided under Covered Risk 5. (b) Any governmental police power. This Exclusion 1(b) does not modify or limit the coverage provided under Covered Risk 6. Mid Valley Title & Escrow Company Order Number: 0401-6861765 Page Number: 10 Rights of eminent domain. This Exclusion does not modify or limit the coverage provided under Covered Risk 7 or 8. 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 (however, this does not modify or limit the coverage provided under Covered Risk 9 or 10); or (e) resulting in loss or damage that would not have been sustained if the Insured Claimant had paid value for the Title. Any claim, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors' rights laws, that the transaction vesting the Title as shown in Schedule A, is (a) a fraudulent conveyance or fraudulent transfer, or (b) a preferential transfer for any reason not stated in Covered Risk 9 of this policy. Any lien on the Title for real estate taxes or assessments imposed by governmental authority and created or attaching between Date of Policy and the date of recording of the deed or other instrument of transfer in the Public Records that vests Title as shown in Schedule A. 2. 3. 4. 5. The above policy form 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 Exceptions from Coverage: EXCEPTIONS FROM COVERAGE 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: (a) Taxes or assessments that are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the Public Records; (b) proceedings by a public agency that may result in taxes or assessments, or notices of such proceedings, whether or not shown by the records of such agency or by the Public Records. Any facts, rights, interests, or claims that are rxit shown by the Public Records but that could be ascertained by an inspection of the Land or that may be asserted by persons in possession of the Land. Easements, liens or encumbrances, or claims thereof, not shown by the Public Records. Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the Land and not shown by the Public Records, (a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (c) water rights, claims or title to water, whether or not the matters excepted under (a), (b), or (c) are shown by the Public Records. Any lien or right to a lien for services, labor or material not shown by the public records. 1. 2. 3. 4. 5. 6. ALTA EXPANDED COVERAGE RESIDENTIAL LOAN POLICY (07-26-10) EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of this policy, and the Company will not pay loss or damage, expenses that arise by reason of; (a) Any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) restricting, relating to 1. costs, attorneys' fees, or regulating, prohibiting, or (i) the occupancy, use, or enjoyment of the Land; (ii) the character, dimensions, or location of any improvement erected on the Land; (iii) the subdivision of land; or (iv) environmental protection; or the effect of any violation of these laws, ordinances, or governmental regulations. This Exclusion 1(a) does not modify or limit the coverage provided under Covered Risk 5, 6, 13(c), 13(d), 14 or 16. (b) Any governmental police power. This Exclusion 1(b) does not modify or limit the coverage provided under Covered Risk 5, 6, 13(c), 13(d), 14 or 16. Rights of eminent domain. This Exclusion does not modify or limit the coverage provided under Covered Risk 7or 8. 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 wnting 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 (however, this does not modify or limit the coverage provided under Covered Risk 11, 16, 17, 18, 19, 20,21,22, 23, 24, 27 or 28); or (e) resulting in loss or damage that would not have been sustained if the Insured Claimant had paid value for the Insured Mortgage. Unenforceability of the lien of the Insured Mortgage because of the inability or failure of an Insured to comply with applicable doing-business laws ofthe state where the Land is situated. Invalidity or unenforceability in whole or in part of the lien of the Insured Mortgage that arises out of the transaction evidenced by the Insured Mortgage and is based upon usury or any consumer credit protection or truth-in-lending law. This Exclusion does not modify or limit the coverage provided in Covered Risk 26. Any claim of invalidity, unenforceability or lack of priority of the lien of the Insured Mortgage as to Advances or modifications made after the Insured has Knowledge that the vestee shown in Schedule A is no longer the owner of the estate or interest covered by this policy. This Exclusion does not modify or limit the coverage provided in Covered Risk 11. Any lien on the Title for real estate taxes or assessments imposed by governmental authority and created or attaching subsequent to Date of Policy. This Exclusion does not modify or limit the coverage provided in Covered Risk 11(b) or 25. The failure of the residential structure, or any portion of it, to have been constructed before, on or after Date of Policy in accordance with applicable building codes. This Exclusion does not modify or limit the coverage provided in Covered Risk 5 or 6. 2. 3. 4. 5. 6. 7. 8. Mid Valley Title & Escrow Company Order Number: Page Number: 0401-6861765 11 Any claim, by reason of the operation of federal bankruptcy, state Insolvency, or similar creditors' rights laws, the Insured Mortgage, is (a) a fraudulent conveyance or fraudulent transfer, or (b) a preferential transfer for any reason not stated in Covered Risk 27(b) of this policy. that the transaction creating the lien of9. Mid Valley Title & Escrow Company First American Title Privacy Notice Effective: October 1, 2019 Notice Last Updated: January 1, 2022 This Privacy Notice describes how First American Financial Corporation and its subsidiaries and affiliates (together referred to as "First American, that a subsidiary or affiliate has their own privacy policy, that policy governs. This Privacy Notice applies to information we receive from you offline only, as well as from third parties, when you interact with us and/or use and access our services and products ("Products"). For more information about our privacy practices, including our online practices, please visit httDs://www.firstam.com/Drivacv-Dolicv/. The practices described in this Privacy Notice are subject to applicable laws in the places in which we operate. What Type Of Information Do We Collect About You? We collect a variety of categories of information about you. To learn more about the categories of information we collect, please visit httDs://www.firstam.com/privacv-policv/. How Do We Collect Your Information? We collect your information: (1) directly from you; (2) automatically when you interact with us; and (3) from third parties, including business parties and affiliates. How Do We Use Your Information? We may use your information in a variety of ways, including but not limited to providing the services you have requested, fulfilling your transactions, comply with relevant laws and our policies, and handling a claim. To learn more about how we may use your information, please visit https://www.firstam.com/privacv- policv/. How Do We Share Your Information? We do not sell your personal information. We only share your information, including to subsidiaries, affiliates, and to unaffiliated third parties: (1) with your consent; (2) in a business transfer; (3) to service providers; and (4) for legal process and protection. To learn more about how we share your information, please visit https://www.firstam.com/privacv-Policv/. How Do We Store and Protect Your Information? The security of your information is important to us. That is why we take commercially reasonable steps to make sure your information is protected. We use our best efforts to maintain commercially reasonable technical, organizational, and physical safeguards, consistent with applicable law, to protect your information. How Long Do We Keep Your Information? We keep your information for as iong as necessary in accordance with the purpose for which it was coilected, our business needs, and our legal and regulatory obligations. Your Choices We provide you the ability to exercise certain controls and choices regarding our collection, use, storage, and sharing of your information. You can learn more about your choices by visiting httP5://www.firstam.com/privacv- poiicv/. International Jurisdictions: Our Products are offered in the United States of America (US), and are subject to US federal, state, and local law. If you are accessing the Products from another country, please be advised that you may be transferring your information to us in the US, and you consent to that transfer and use of your information in accordance with this Privacy Notice. You also agree to abide by the applicable laws of applicable US federal, state, and local laws concerning your use of the Products, and your agreements with us. We may change this Privacy Notice from time to time. Any and all changes to this Privacy Notice will be reflected on this page, and where appropriate provided in person or by another electronic method. YOUR CONTINUED USE, ACCESS, OR INTERACTION WITH OUR PRODUCTS OR YOUR CONTINUED COMMUNICATIONS WITH US AFTER THIS NOTICE HAS BEEN PROVIDED TO YOU WILL REPRESENT THAT YOU HAVE READ AND UNDERSTOOD THIS PRIVACY NOTICE. ft US," or "our") collect, use, store, and share your information with the exceptionwe. Contact Us dataprivacy@firstam.com or toll free at 1-866-718-0097. © 2022 First American Financial Corporation and/or its affiliates. All rights reserved. NYSE:FAF Form 10-PRIVACY22 (12-7-21)Page 1 of 2 Privacy Notice (2022 First American Financial Corporation) English First American Title' For California Residents If you are a California resident, you may have certain rights under California law, including but not limited to the California Consumer Privacy Act of 2018 ("CCPA"). All phrases used In this section shall have the same meaning as those phrases are used under California law, including the CCPA. Right to Know. You have a right to request that we disclose the following information to you: (1) the categories of personal information we have collected about or from you; (2) the categories of sources from which the personal information was collected; (3) the business or commercial purpose for such collection and/or disclosure; (4) the categories of third parties with whom we have shared your personal information; and (5) the specific pieces of your personal information we have collected. To submit a verified request for this information, go to our online privacy policy at www.firstam.com/privacy-policy to submit your request or call toll-free at 1-866-718-0097. You may also designate an authorized agent to submit a request on your behalf by going to our online privacy policy at www.firstam.com/privacy- policy to submit your request or by calling toll-free at 1-866-718-0097 Right of Deletion. You also have a right to request that we delete the personal information we have collected from and about you. This right is subject to certain exceptions available under the CCPA and other applicable law. To submit a verified request for deletion, go to our online privacy policy at www.firstam.com/privacy-policy to submit your request or call toll-free at 1-866-718-0097. You may also designate an authorized agent to submit a request on your behalf by going to our online privacy policy at www.firstam.com/privacy-policy to submit your request or by calling toll-free at 1-866-718- 0097. Verification Process. For either a request to know or delete, we will verify your identity before responding to your request. To verify your identity, we will generally match the identifying information provided in your request with the information we have on file about you. Depending on the sensitivity of the information requested, we may also utilize more stringent verification methods to verify your identity, including but not limited to requesting additional information from you and/or requiring you to sign a declaration under penalty of perjury. Notice of Sale. We do not sell California resident information, nor have we sold California resident information in the past 12 months. To the extent any First American affiliated entity has a different practice, it will be stated In the applicable privacy policy. We have no actual knowledge of selling the information of minors under the age of 16. Right of Non-Discrimination. You have a right to exercise your rights under California law, including under the CCPA, without suffering discrimination. Accordingly, First American will not discriminate against you in any way if you choose to exercise your rights under the CCPA. Notice of Collection. To learn more about the categories of personal information we have collected about California residents over the last 12 months, please see "What Information Do We Collect About You" In https://www.firstam.com/privacy-policy. To learn about the sources from which we have collected that information, the business and commercial purpose for its collection, and the categories of third parties with whom we have shared that information, please see "How Do We Collect Your Information", "How Do We Use Your Information", and "How Do We Share Your Information" in https://www.firstam.com/privacy-policy. Notice of Sale. We have not sold the personal information of California residents in the past 12 months. Notice of Disclosure. To learn more about the categories of personal information we may have disclosed about California residents in the past 12 months, please see "How Do We Use Your Information" and "How Do We Share Your Information" in https://www.firstam.com/privacy-policy. © 2022 First American Financial Corporation and/or its affiliates. All rights reserved. NYSE:FAF Form 10-PRIVACY22 (12-7-21)Page 2 of 2 Privacy Notice (2022 First American Financial Corporation) English Agreement For Butte County Archaeological Resources Project Review By The Northeast Information Center (NEIC) The California Environmental Quality Act (CEQA) is the California State statute that requires the Butte County Department of Development Services to perform an environmental review on all discretionary land use projects, to identify the significant environmental impacts of the project and to avoid or mitigate those impacts, if feasible. Every development project which requires a discretionary governmental approval will require at least some environmental review pursuant to CEQA, unless an exemption applies. The environmental review required imposes both procedural and substantive requirements. At a minimum, an initial review of the project and its environmental effects must be conducted. Depending upon the potential effects, a further and more substantial review may be conducted in the form of an environmental impact report (EIR). A project may not be approved if feasible alternatives or mitigation measures cannot substantially lessen the significant environmental effects of the project. At the state level, CEQA requires that public agencies consider the effects of their actions on historical resources eligible for listing on the California Register of Historical Resources. “Historical resource” refers to buildings, structures, sites (prehistoric and historic), objects, districts, and alt manner of properties containing material remains of past human life or activity. The Department of Development Services utilizes the Northeast Information Center (NEIC) of the California Historical Resources Information System (CHRIS) to identify projects that may have archaeological significance. The CHRIS is a statewide system for managing information on the full range of historical resources identified in California. This system is under the authority and direction of the Office of Historic Preservation (OHP), the State Historic Preservation Officer (SHPO), and the State Historical Resources Commission (SHRC). The Northeast Center of the CHRIS system, located at California State University, Chico, manages the historical resource records for 11 counties, including Butte County. The Northeast Information Center will furnish a Record Search to Development Services indicating the archaeological/historical significance and sensitivity of the applicant’s project area and additionally providing a recommendation as to whether further archaeological survey is warranted. If further archaeological survey is required, the application would be considered incomplete until the appropriate archaeological survey is completed and reviewed. The Department of Development Services will forward applicant’s payment (by check) of $75.00 and relevant project application information required for the Records Search to NEIC. NEIC will provide the results of the Records Search to Development Services. Development Services will notify the applicant if further archaeological survey is warranted. The $75.00 fee does not cover the cost of further archaeological survey work. If further archaeological survey work is required, Development Services will work with the applicant to see that it is accomplished, according to set standards, by a qualified archaeologist. The applicant shall bear all costs associated with further archaeological survey work required to continue processing of the planning project application. THIS FORM MUST BE ACCOMPANIED BY A COPY OF A 7.5’ TOPO MAP, WITH THE PROJECT AREA OUTLINED. THIS IS USED DURING THE REVIEW TO RESEARCH CULTURAL SITES. The undersigned applicant for the project as identified below has read and understood the Butte County Archaeological Resources Project Review process and agrees to fund the required Record Search to be provided by NEIC. ■Attached is a check for $75.00 made payable to the Northeast Information Center for NEIC to perform the Records Search. for 12-22-20221L. ^Applifianc Equity Corp Date Applicant PRINTED Name #7113 Check Number Planner; File Number K:\Planning\FORMS\APPLICATIONS\NRIC_Arch_Agrccmenl.doc