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Conditions and Stipulations 1. The term mortgage, when used herein, +hall incrude deed of trust, trust deed, or other security instrument. 2. If the proposed Insured has or acquires actual knowledge of any defect, lien, encum. brance, adverse claim or other matter affecting the estate or interest or mortgage thereon covered by this Commitment other than those shown in Schedule B hereof, and shall fail to disclose such knowledge to the Company in writing, the Company shall he relieved from liability for any loss or damage resulting from ariy act of reliance hereon to the extent the Company is prejudiced by failure to so disclose such knowledge. If the proposed Insured shall disclose such knowledge to the Company, or if the Company otherwise acquires actual knowledge of any such defect, lien, encumbrance, adverse claim or other matter, the Company at its option may amend Schedule B of this Corn- mitment accordingly, but such amendment shall not relieve the Company from liabil- ity previously incurred pursuant to Paragraph 3 of these Conditions and Stipulations. Liability of the Company under this Commitment shall he only to the named proposed Insured end such parties included under the definition of Insured in the form of policy or policies committed for and only for actual logs incurred in reliance hereon in under- taking in good faith (a) to comply with the requirement '.••reof, or (b) to eliminate exceptions shown in Schedule B, or (c) to acquire or - the estate or interest or mortgage thereon covered by this Commitment. In no c• ,nail such liability exceed the amount stated in Schedule A for the policy or polic::s committed for and such liability is subject to the insuring provisions, the Conditions and Stipulations, and the Exclusions from Coverage of the form of policy or policies committed for in favor of the proposed Insured which are hereby incorporated by reference and are made a part of this Commitment except as expressly modified herein 4. Any claim of loss or damage, whether or not based on negligence, and which arises out of the status of the title to the estate or interest or the lien of the insured mortgage covered hereby or any action asserting such claim, shall be restricted to the provisions and conditions and stipulations of this commitment.