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<br /> SCHEDULE 8 - SECTION 2
<br /> No. O1-34032
<br /> Schedule B og Che policy or policies to be issued wi11 contain exceptions to the
<br /> following matCers unless Che same are diapos�d of to th� satisfact.ivn vf
<br /> the Company (all clauses, if any, which indicaL•e any pro�axenc�, 1imi,tation
<br /> or;:discrimination based on race, color, religion or nacional origia ar� omitted ,frvm a11
<br /> bui`lding and use restrictions, cov�nants and conditions, if any, shown hereinl :
<br /> A. Defectis, liens, encumbrances, radv�rs� c7.aims vx vther matters, if any,
<br /> ;created, first _ap�earing in L•he pub�ic recorda, or attacbing- subsegu�nt tc ,the
<br /> ,,effective date:hereof but prior to the date L•he proposed Insuxad r�cquires o�-
<br /> lr���cord fox valu.� the estate ar interest or mortgage thereon covered by Chi,e
<br /> �,`.�ommitment. ~, '� " �,
<br /> � Tp?'::. . . . I M
<br /> ,�-No.te: If an AL�A L0J1N POLICY OR l,LTA R�8IDENTIAL TYTL�` YDTS�RIf�TCE �OLICX��la �.';��,
<br /> �,� ,..
<br /> �'issued and th� ��vmpariy requirements as they pertain to ^Gap Coverage'� have,�}�een��
<br /> -.Gvmpl.�.ed with, ���hiS �xc�ption will be eliminated. �' '
<br /> �,,.
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<br /> B. �STANDARD EXCEPTIONS:
<br /> 1`: Rights or claimg of parties in poss�ssion not shown by the public
<br /> records.
<br /> 2'. Encrvachments, overlaps, boundary line disputes, unracorded �as�ments,
<br /> or other matters which would be disclosed by an accurat� surv�y and
<br /> iriepaCCion of th¢ premises.
<br /> NOTE: 2� an ALTA LOA1Q POLZCY is to be issued, u�on receip� of a
<br /> satisfactory p1.at drawing nr►d inspection report, this exeeption uill be
<br /> eliminated or amended in accordanc� with th� facts disclosed, thereby.
<br /> NOT�: I� an ALTA RBSZDENTT�IL TITLE IDTSUttl�NCL pOY.ICY is to ba issued, upcn
<br /> receip� ot a satxs�actory piat drswing and inspection report, this ¢xception
<br /> ,will be eliminated in accordance with the facts disclosed, thereby and th�
<br /> coverage provided by this policy :�oz matters ef survey is described in Zeom
<br /> #1�, Covesed Tit1e Rieke of the A,L�'A RgSIDENTIAL TITLS IN5V1i�1NCH POLICY.
<br /> 3; Any �.xen, or right to a lien, for services, labor ox material
<br /> heretofore<<or hex�after furnished, imposed by law, and not sk�own by the
<br /> public records.
<br /> ���;. � � � � � �
<br /> C �s„S�PECIAI. fiXCEPTIQNS:•
<br /> ,..1. Rights o�;�the ,public, the State of Minnesota and of zhe U.S. .Gvve.rn�nGntr ko
<br /> use thaC �.�,art of th� premi.ses which lies. below the riigh'wa�er mark,��r� ���5.
<br /> Government. Harbor line of Zong Lako. Ra.ghts, if any, of any ripari,an
<br /> ;, x� , �. ,�,.
<br /> owr��xs ar►a.: of the public to use the surfac¢, sub-surface, and bed�oL��`Long'
<br /> Y,ake, and' any adverse claims based on the assertion thSt the bed of Long
<br /> Lake has changed.
<br /> z. Subject to road over NorC.herly 33 tQ�t.
<br /> 3. Subjecz to H�n�nepin County State Aid H�ghway Number 5, P1St 5, (Documen�
<br /> No. 38�9152 and Highway Eaaement Document No. 2866646) .
<br /> 4 . �asements for road puxpvses ov�r the Northeasterly 33 �c�at, more vr less,
<br /> as shown in Document N'o. 4375439.
<br /> % , 5. EasemQnts �vr drainage purposes over Che �0 foot portion, as shown in
<br /> Docum�nC No. 4375438.
<br /> (ConL•inued)
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