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PA2022-003_20220105_Application
Certificate of Compliance Community Development Department Planning Division 100 CMc Center Drive/ P.O. Box 1768 / Newport Beach, CA 92658-8915 (949)644-3204 Telephone/ (949)644-3229 Facsimile www.newportbeachca.gov p roperty Owner(s) Name FAZIO INVESTMENTS LLC Address 3780 SAN ANTONIO ROAD Email VITRAX@AOL.COM Aoolicant(s) Name KARL DAKTERIS, ARCHITECT Address 1960 SAN BRUNO Email KARL@KARLDAKTERISARCHITECTS.COM Site/Project I ~ANTAANAAVENUE City, State YORBA LINDA, CA Phone No. I FaxNo. 714-376-3221 City, State NEWPORT BEACH, CA Phone No. 949-702-3573 I Fax No. I Assessor's Parcel No. 049-071-07 Along with the above portion of this form completely filled out, please submit the following: i ZipCode 92886 I Zip Code 92660 1. A legible copy of the latest Recorded Grant Deed or Contract of Sale showing current ownership, include the Title Insurance Policy if available. 2. A copy of the latest Tax Bill and Assessor's Map. 3. A copy of any and all documents supporting original creation of the parcel (e.g. Grant Deeds, Contracts of Sale, Records of Survey, Building Permits, or other documents). 4. If the project is improved, include legible copies of: • A Plot P Ian, fully dimensioned on an 8½ • x 11" s heat s hawing entire p areal, al I improvements, and parcel area in square feet. • A Building Permit for a Principal Building on the Property. 5. An application fee in the amount of $378 ($366 + OC Recorders Fee $12) payable to the City of Newport Beach. Please note parcels not in compliance with Subdivision or Zoning regulations may incur additional costs. Do Not Complete Application Below This Line -For Office Use Only PANO. Submitted: Planner ext. CONo. Fee Paid: Date Malled DNo. Form of Payment Check No. Date of OR D Check 0 Credit Card PlnChckNo. Receipt No. OR No. Remarks: IJpdlllad 01(17/2021 PA2022-003 2601-2021 D2022-0022 CO2022-001 1.5.2022 DL 3225 $378.00 RCP0015107 134 PA2022-003 II KARL DAKTERIS Architect, AIA 1960 San Bruno, Newport Beach, CA 92660 949-702-3573; karl@karldakterisarchitects.com TRANSMITTAL 01/04/2022 TO: City of Newport Beach Community Development Department Planning Division 100 Civic Center Drive Newport Beach, CA 92658 949-644-3204 Regarding: 427 Santa Ana Avenue plan check# 1957-2021, Certificate of Compliance for Lot Lines As requested, please accept the attached exhibits including Checks in the amount of $378 and $12, Certificate of Compliance application, proposed new site plan, existing survey, Title and Deed. Please note that the survey and documents indicate the lot lines combined. APN 049-071-07 indicates both lots combined. Thank you Kind Regards, /J4. Karl Dakteris, Architect, AIA cc: PA2022-003 .. 11_:.-.·.·.! (E)POOL DECK JI (E)BUILDING ~1 SYNTl1ETIC I -~ · ~o,oo ! .,..'o~~<,,,S ,cf>-~ I ~ . .9,, (Y» ¾ ~ .S:s~. ~o~ A>:.~ ~,f>' I 22.00' /~~ OFFSET I / ' • • • !i,;@ • ', ~ j ' ~/_ LI I I 'L ' " ~ ,,,,.;. F;' • ·-.' ~ 1:----tfJ:1-6'1 , [ / l' , \ -, -;; 1 -e . '>:.j -e -e -e -e -e I! 7:: 19 ::J;C _::-a •, L j b • ' < • I C-~ • • • =,~-• • •. • I_,>_ -,~--1 I • • '\ • -'. F . _ ,e~ ,e ...-.::,:._ -e -e I , , I ~-1 • ---~ • '•-"'---~ •" • • ,~: : I 1 '1 -r-;-7-I 4 I g /,/4-. -.: ~· ---..---.-! : @ : I ' I / • -i. . .••• / . I "-• · ©· "--" Al---' , -.J , ·r, · , f-5 •• ;_.----·Y:·1 ·j rur~ I I ' ~ ·A . '.ci/J I "' .. ~ . i _JJ_~ ' ~/",,::-: ~ ', I I " ,~,~• n n n • • ' • •, • I I ,,I ~'.~;_/----__:_,-z,~'.17 !/-" (' i i j;,f;i:,',;Jy_~.~:. ---+' . ~ .. 11 I •.,:.·.~-... I '® ~'1 I i •• ·-~ •••• J- ' ~ . 11 I i • · .< · ·:. , 6. ~ G l • . .., I I • • ·c-c--:. 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':..\, .. .✓I\:'. . , .,...,.,,;;;zr-..S:..--~~· ~"TI~~:.g~~~~~~~_;~::::::. 1: EI' ~;~' J ', T -~+- ' I \ _ 22.'oo· \ - - -__ _ OFFSET ----·1 I PA2022-003 I i ~ 0 iii ~ 8 I I ~ I ~ ~ I ~ ~ ~ ~ I I ~ i 2 I ~ ~ I ~ I i § i g ~ I r-------------------- 1 I _L ___________________ _ SANTA LOGGIA FOOTPRINT@lSTFLR. OORY'PORCH @lSTFLR. ANA SUB FLOOR AVE ri=-------I "'"'"'-,I ,i, 1,r.~ \ ,, \ I\ \ I\ \ I \ \ I \ \ I \ ~UB Floc/R \ \ I \ ~@2NDk ____ j (El !.._: ____ I SITE PLAN NOTES A.SB!CMt.Dl.o'.WIGFOIDEl'AILW1tft>DMllONl!CAlDINGfflCISl:OMOe5,D~ HAJDSCAl'EnNl$HJWYA'IION5,AMlSIT[WMIS. B. YBfTAI.I.DNEMIIONSwrntCML!tOl:IZOtml.CONP:OlDMltGOMSONCltlnCJl'MN. C.DMDISIONSAl'EMEASUlEDTOfACEOfEmllORWAl.l.$1\.Cfli'MEOlf\TWD!illiWIOUNDP.TION. D. mzn,acSECTIONDllQ.11'1CMDESITEST01MWAl8DIMW.EAMltmNIIONDIDG E. '8201PClCSECTIONDIXl.21:EEPSIT!DIIAIN'-G!WATaflO'lfl:0Mtklmf31U.Df«),OC\ GIEENllUIUllNGSIANDUDSCOD~OIAl'IB.,&,DMSION•.1 f. PIOYIDEAODU5SSIG"'-GU'EUOl60:CSICIJOtU.ll G. Sf£SOl1.SlEl'01TITEGA,,llATEDAUG.16,2m1FOltGMDH:l/rllU,HGE~SM.CT.N0 H. CAl-OSHAl'9MJTISUQUllfDf0lEXCAVATIONSDm'Bmo.N!l",AMlFOltSHOD«lAND I. l'IIOlTOPnfOl:MINGAlffWOU:INTil!Cffl'llGKT.()f.l(fATAN~l'IIMll'ICSTIIIE OJIAINEDflOM.THEftlRCWOIJ:S,_.,,'"1. J. E.G. f.S.T.W.INf0$HOWNONl'lANAl'EIIASEDONCMlfWG,SEEOYI.PIAMS101:COJN'lm SITE PLAN KEY NOTES 0Nf!NCOIClETc.vtON1UCITTSTANOAlDS.SEECNI.CJMINl,IGSF01tDErAU,Sl'ICSANDGu.ois. [!] =='"""'"'10"""'""'"'"'"'°""'''"'""'"'"' @"""'°""''0·•·"'"""'°"'""""' .... """'·"""""""'"""'- [!] co,cm,wmw'<Wf"""""''''"'"""".....,."''"'''"'""""""'"°"' 0 ~~,:""'"""""'~'"""'' .. """"""'°"""·"''"'"'""" □ """"""""'"'"""'°"'' .... "" .... ;;;;,_.,. • ..,,,.,,, .. ,..... ~ ::~ONClfTEWAl.JYtA.T,.,,.DSTAll5.SEEOft.WWN:l$10l,5"CS,o,J,H,G(AIC) 0 ;-~nNGO'YaCCNCll:ETl:GAU.GESIJ.IO'ffl:f\.OOlfVMNG,SIOl'll1'Mlk.lO 0DONNSJOUrlOCIJDN,SEEOt'I.DMWINGSf0l~E. ~ """'"""·'""'W00'"""""""'"""'"""""""·"''""'""" EJ NtwPOOLANDSM,.SRIANDSCAPEDMWIGSIOICONfD.M'IION. □-~, ... ,_, __ ..,_~- 0 COttamSTEl'S,.S&CM~Ol,f,W1GSl0lBMillON5,. El ; SCAlf,3IJ6•-1"' ®"OOH if.~ I ti cl~1ti~.~ .... -~ ~ ~-~ =mt tt•1t FLM'°10T-" Iii o 2 <I B 12 16 TOTAi. -4473SF lOTAl 782SF 5255SFTOTALW/GAAAOEJJ0,'488S.F.t,WI. ~ lOGGIA 122SSF IOGGIA OSF FLOOR AREA CALCS i == ARCHITECT: Kori Dokterls. Architect AlA 1960San8runoSlnlat ~~:J=,3 Calllomia 9'1660 ICARl.®KARI.DAIITTRISA.ROtlTECIS.c:om LICENSE REVISIONS t=: 6.EJe..oml.f1flt ~1STB.D.SUBMrTTAI._ ~--- ~--i---- CLIENT FAZIO INVESTMENTS 37B0SAN~NIO ROAD YORB'. LINDA. CA 92886 PROJECT NEW CUSTOM HOME and ADU 427 SANTAAN-\Ava-nJE NEWPOlrr BEA0-1, CA 92660 SHEETTITI.E SITE PLAN SHEET NUMBER Al.lA PA2022-003 RECORDING REQUESTED BY: Recorded in Official Records, Orange County Hugh Nguyen, Clerk-Recorder WFG Al t>t+1(}Ylal Ti+ le I IIIII I I IIIIII Ill lllll lllll lllll lllll lllll lllll lllll lllll lllll llll I I Ill llll 36. 00 AND WHEN RECORDED MAIL TO: * $ R O O 1 2 9 7 7 4 3 9 $ * AND MAIL TAX STATEMENT 'CO: Fa-i-\v :t:\t\vf'Esh11el'HS, ~ '.o1 f; D &!vi /\ l'\1'VV}\o 'M, · 2021000441255 12:56 pm 07/08/21 399 RW9A G02 4 07 1047.751047.75 20.00 0.00 9.00 0.00 0.000.000.00 0.00 i 0~ Ut'\lta, 1 CA-ctaz<tb OrderNo.: 21-152235-JII/ SPACE ABOVE TIDS LINE FOR RECORDER1S USE GRANTDEED Exempt from fee per GC 27388.1 (a) (2) This document is subject to Documentary Transfer Tax THE UNDERSIGNED GRANTOR(S) DECLARE(S) THAT DOCUMENTARY TRANSFER TAX !S $2,095.50 . X computed on full value of property conveyed, or __ computed on full value Jess liens or encumbrances remaining at the time of sale. __ unincorporated area: ~ City of Newport Beach, and FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, Marc W .. Sinykin, Successor Trustee of The Sinykin Family Trust established August 20, 1990 hereby GRANTS to Fazio Investments,LLC, a Delaware Limited Liability Company the following described reaI·property in the City of Newport Beach, County of Orange, State of California: See Exhibit "A,, attached hereto and made a part hereof. Also Knowo as: 427 Santa Ana Avenue, Newport Beach, CA 92663 APN#: 049-071-07 GRANT DEED CONTINUED ON NEXT PAGE Mail Tax Statements to: SAME AS ABOVE or Address noted below PA2022-003 RECORDING REQUESTED BY: WFG N 1t+1(JYI~ Tif le AND WHEN RECORDED MAIL TO: AND MAIL TAX STATEMENT TO: fa~v ·I\t\v~evtfs, ~ ~1 B D S:avi A \f\11JV\lo ()J_ · ~ orbov Wilda, 1 C,A-0i.az<2./o OrderNo.: 21-152235·-J1lf SPACE ABOVE THIS LINE FOR RECORDER'S USE GRANT DEED Exempt from fee per GC 27388.1 (a) (2) This document is subject to Documentary Transfer Tax THE UNDERSIGNED GRANTOR(S) DECLARE(S) THAT DOCUMENTARY TRANSFER TAX IS $2,095.50 X computed on full value of property conveyed, or ___ computed on full value less liens or encumbrances remaining at the time of sale. ___ unincorporated area: _X_City of Newport Beach, and FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, Marc W. Sinykin, Successor Trustee of The Sinykin Family Trust established August 20, 1990 hereby GRANTS to Fazio Investments.,LLC, a Delaware Limited Liability Company the following described real property in the City of Newport Beach, County of Orange, State of California: See Exhibit "A" attached hereto and made a part hereof. Also Known as: 427 Santa Ana Avenue, Newport Beach, CA 92663 APN#: 049-071-07 GRANT DEED CONTINUED ON NEXT PAGE Mail Tax Statements to: SAME AS ABOVE or Address noted below PA2022-003 CONTINUATION OF GRANT DEED Order No.: 21-152235 APN: 049-071-07 Property Address: 427 Santa Ana Avenue, Newport Beach, CA 92663 Dated The Sinykin Family Trust established August 20, 1990 ~ ? By: Marc W. Sinykin, Successor Trustee A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accurac , or validi of that document. STATE OF CA~~O~IA \ } COUNTY OF \f\Q:teO S.S. /(< On __j"\) 'w :ZO?J • before me, S\lsw':)~fumo.11\ Notary Public, personally a peared 4<c . "'-\ • $ ~<f\~ \ 0 who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENAL TY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature =-=&C~tt.-(Seal) PA2022-003 WFG Title Co. of California 500 Technotogy Drive, Suite 100 Irvine, Ca 92618 (949) 430-3739 phone GOVERNMENT CODE 27361.7 I CERTIFY UNDER PENALTY OF PERJURY THAT THE NOTARY SEAL ON THE DOCUMENT TO WHICH THIS STATEMENT IS ATTACHED READS AS FOLLOWS: NAME OF THE NOTARY: Susan J. Silberman COMMISSION NUMBER: 2291156 DATE COMMISION EXPIRES: June 2, 2023 COUNTY WHERE BOND IS FILED: San Mateo County MANUFACTURER/VENDORNUMBER: NNAl PLACE OF EXECUTION: IRVINE, CA DATE: July 8, 2021 By: Ryan Randall, Title Assistant PA2022-003 EXHIBIT "A" LEGAL DESCRIPTION THE LAND REFERRED TO HEREIN BELOW IS SITUATED IN THE COUNTY OF ORANGE, STATE OF CALIFORNIA AND IS DESCRIBED AS FOLLOWS: THE SOUTHEASTERLY 72 FEET OF LOTS 6 AND 7 IN BLOCK 12, TRACT NO. 27 AS SHOWN ON A MAP RECORDED IN BOOK 9, PAGE 26 OF MISCELLANEOUS MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. APN: 049-071-07 PA2022-003 -OocuSign Envelope ID: 087182A7-7O7C-4E72-975E-8486908E5ED2 ,,. . . Escrow No.: 61073-D,J BOE-502-A (P1) REV. 13 (06-17) PRELIMINARY CHANGE OF OWNERSHIP REPORT To be completed by the transferee (buyer) prior to a transfer of subject property, in accordance with section 480.3 of the Revenue and Taxation Code. A Preliminary Change of Ownership Report must be filed with each conveyance in the County Recorder's office for the county where the property is located. FOR ASSESSOR'S USE ONLY 7 CLAUDE PARRISH ORANGE COUNTY ASSESSOR (714) 834-5031 ASSESSOR'S PARCEL NUMBER 049-071-07 SELLER/TRANSFEROR The Sinykin Family Trust established August 20, BUYER'S DAYTIME TELEPHONE NUMBER _J BUYER'S EMAIL ADDRESS STREET ADDRESS OR PHYSICAL LOCATION OF REAL PROPERTY 427 Santa Ana Avenue, Newport Beach, CA 92663 D YES D NO This property is intended as my principal residence. If YES, please indicate the date of occupancy or intended occupancy. MO DAY YEAR D YES D NO Are you a disabled veteran or a unmarried surviving spouse of a disabled veteran who was compensated at 100% by the Department of Veterans Affairs? MAIL PROPERTY TAX INFORMATION TO (NAME) Fazio Investments LLC MAIL PROPERTY TAX INFORMATION TO (ADDRESS) 3780 San Antonio Rd CITY Yorba linda STATE ZIP CODE CA 92886 PART 1. TRANSFER INFORMATION Please complete all statements. YES □ □ □ □ □ □ □ □ □ □ □ □ □ □ □ □ □ This section contains possible exclusions from reassessment for certain types of transfers. NO D A This transfer is solely between spouses (addition or removal of a spouse, death of a spouse, divorce settlement, etc.). D B. This transfer is solely between domestic partners currently registered with the California Secretary of State (addition or removal of a partner. death of a partner, termination settlement, etc.). D * C · This is· a transfer: D between parent(s) and child(ren) 0 from grandparent(s) to grandchild(ren). D * D. This transfer is the result of a cotenant's death. Date of death ------------□ * E. This transaction is to replace a principal residence owned by a person 55 years of age or older. Within the same county? D YES D NO D * F. This transaction is to replace a principal residence by a person who is severely disab_led as defined by Revenue and Taxation Code section 69.5. Within the same county? D YES D NO D G. This transaction is only a correction of the name(s) of the person(s) holding title to the property (e.g., a name change upon marriage). □ □ □ □ □ If YES, please explain:------------------------------------- H. The recorded document creates, terminates, or reconveys a lender's interest in the property. I. This transaction is recorded only as a requirement for financing purposes or to create, terminate, or reconvey a security interest (e.g., cosigner). If YES, please explain:-------------------------------- J. The recorded document substitutes a trustee of a trust, mortgage, or other similar document. K. This is a transfer of property: 1. to/from a revocable trust that may be revoked by the transferor and is for the benefit of D the transferor, and/or D the transferor's spouseO registered domestic partner. 2. to/from an irrevocable trust for the benefit of the D creator/grantor/trustor and/or D grantor's/trustor's spouse D grantor's/truster's registered domestic partner. D L. This property is subject to a lease with a remaining lease term of 35 years or more including written options. D M. This is a transfer between parties in which proportional interests of the transferor(s) and transferee(s) in each and every parcel being transferred remain exactly the same after the transfer. D N. This is a transfer subject to subsidized low-income housing requirements with governmentally imposed restrictions, or restrictions imposed by specified nonprofit corporations. D * 0. This transfer is to the first purchaser of a new building containing an active solar energy system. D * P. Other. This transfer is to ____________________________________ _ * Please refer to the instructions for Part 1. Please provide any other information that will help the Assessor understand the nature of the transfer. THIS DOCUMENT IS NOT SUBJECT TO PUBLIC INSPECTION PA2022-003 ~~n;~uSign Envelope ID: 087182A7-7D7C-4E72-975E-8486908E5ED2 Escrow No.: 61073-DJ BOE-502-A (P2) REV. 13 (06-1 7) PART 2. OTHER TRANSFER INFORMATION Check and complete as applicable. A. Date of transfer, if other than recording date: _______ _ B. Type of transfer: D Purchase D Foreclosure D Gift D Trade or exchange D Merger, stock, or partnership acquisition (Form BOE-100-8) D Contract of sale. Date of contract:_______ D Inheritance. Date of death:. _________ _ D Sale/Leaseback D Creation of a lease D Assignment of a lease D Termination of a lease. Date lease began: ________ _ Original term in years(including written options): __ Remaining term in years (including written options): ____ _ D Other. Please explain:---------------------------------------- C. Onlya partial interest in the property was transferred. D Yes D No If YES, indicate the percentage transferred: _________ % PART 3. PURCHASE PRICE AND TERMS OF SALE Check and complete as applicable. A. Total purchase price B. Cash down payment or value of trade or exchange excluding closing costs C. First deed of trust @ ___ % interest for ___ years. Monthly payment$ ______ _ Amount$ _____ _ D FHA (_· __ Discount Points) D Cal-Vet D VA ( __ Discount Points) D Fixed rate D Variable rate D Bank/Savings & Loan/Credit Union D Loan carried by seller D Balloon payment$______ Due date: ________ _ D. Second deed of trust @ __ % interest for ___ years. Monthly payment $ ______ _ Amount$ _____ _ D Fixed Rate D Variable rate D Bank/Saving & Loan/Credit Union D Loan carried by seller D Balloon payment$______ Due date: ________ _ E. Was an Improvement Bond or other public financing assumed by the buyer? DYES ONO Outstanding balance $ _____ _ F. Amount, if any, of real estate commission fees paid by the buyer which are not included in the purchase price $ _____ _ G. The property was purchased: D Through real estate broker. Broker name: __________ Phone number: ..,_____._ ___ _ D Direct from seller D From a family member-Relationship _________ _ D Other. Please explain: H. Please explain any special terms, seller concessions, broker/agent fees waived, financing, and any other information (e.g., buyer assumed the existing loan balance) that would assist the Assessor in the valuation of your property. PART 4. PROPERTY INFORMATION Check and complete as applicable. A. Type of property transferred D Single-family residence D Multiple-family residence. Number of units: __ _ D Other. Description: (i.e., timber, mineral, water rights, etc.) D Co-op/Own-your-own D Condominium D Timeshare D Manufactured home D Unimproved lot D Commercial/Industrial B. DYES ONO Personal/business property, or incentives, provided by seller to buyer are included in the purchase price. Examples of personal property are furniture, farm equipment, machinery, etc. Examples of incentives are club memberships, etc. Attach list if available. If YES, enter the value of the personal/business property: $ _______ Incentives $ ________ _ C. DYES ONO A manufactured home is included in the purchase price. If YES, enter the value attributed to the manufactured home: $ ______ _ DYES ONO The manufactured home is subject to local property tax. If NO, enter decal number: D. DYES ONO The property produces rental or other income. If YES, the income is from: D Lease/rent D Contract D Mineral rights D Other: ________________ _ E. The condition of the property at the time of sale was: D Good D Average D Fair D Poor Please describe: __________________________________________ _ CERTIFICATION I certify (or declare) that the foregoing and all information hereon, including any accompanying statements or documents, is true and correct to the best of my knowledge and belief. DATE 7/2/2021 TELEPHONE TITLE EMAIL ADDRESS The Assessor's office may contact you for additional information regarding the transaction. PA2022-003 ii, • \VFG National Title Company a Williston f;nancial Group com;iany Fazio Investments, LLC, a Delaware Limited Liability Company 3780 San Antonio Rd Yorba Linda, CA 92886 File No.: Property: 21-152235 427 Santa Ana Avenue Newport Beach, CA 92663 500 Technology Drive, Suite 100 Irvine, CA 92618 Phone (949) 430-3700 Please find enclosed your Policy of Title Insurance with regard to the above referenced matter. Please keep your Policy of Title Insurance in a safe place. If you have any questions regarding the policy, please do not hesitate to contact the office noted above. PA2022-003 G National Title lnsurarice Company a Williston Financial Group company HOMEOWNER'S POLICY OF TITLE INSURANCE FOR A ONE-TO-FOUR FAMILY RESIDENCE Issued By WFG NATIONAL TITLE INSURANCE COMPANY Owner's Information Sheet Your Title Insurance Policy is a legal contract between You and Us. It applies only to a one-to-four family residence and only if each insured named in Schedule A is a Natural Person. If the Land described in Schedule A of the Policy is not an improved residential lot on which there is located a one- to-four family residence, or if each insured named in Schedule A is not a Natural Person, contact Us immediately. The Policy insures You against actual loss resulting from certain Covered Risks. These Covered Risks are listed beginning on page 1 of the Policy. The Policy is limited by: • Provisions of Schedule A • Exceptions in Schedule B • Our Duty To Defend Against Legal Actions on page 4 • Exclusions on page 4 • Conditions on pages 5 through 7 You should keep the Policy even if You transfer Your Title to the Land. It may protect against claims made against You by someone else after You transfer Your Title. IF YOU WANT TO MAKE A CLAIM, SEE SECTION 3 UNDER CONDITIONS ON PAGE 7. The premium for this Policy is paid once. No additional premium is owed for the Policy. This sheet is not Your insurance Policy. It is only a brief outline of some of the important Policy features. The Policy explains in detail Your rights and obligations and Our rights and obligations. Since the Policy-and not this sheet-is the legal document, YOU SHOULD READ THE POLICY VERY CAREFULLY. If You have any questions about Your Policy, contact: WFG NATIONAL TITLE INSURANCE COMPANY 12909 SW 68th Pkwy., Suite 350, Portland, OR 97223 (800) 334-8885 (503) 431-8500 Email address: claims@wfgnationaltitle.com In Witness Whereof, WFG NATIONAL TITLE INSURANCE COMPANY has caused this policy to be signed and sealed by its duly authorizes officers as of Date of Policy shown in Schedule A. Issued By: WFG National Title Company of California, as Issuing Agent for WFG National Title Insurance Company By: ____________ _ Authorized Signature ALT A Homeowner's Policy Information Sheet Form No. 3167300 \'IFG NATIONAL TffLE INSURANCE COMPANY Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form is restricted to AL TA licensees and AL TA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. Revised 12-02-13 AMERICAN LAND TITLE ASSOCIATION -~ PA2022-003 G National Title Insurance Company a Williston Financial Group company HOMEOWNER'S POLICY OF TITLE INSURANCE For a one-to-four family residence Issued By WFG NATIONAL TITLE INSURANCE COMPANY TABLE OF CONTENTS OWNER'S COVERAGE STATEMENT COVERED RISKS OUR DUTY TO DEFEND AGAINST LEGAL ACTIONS EXCLUSIONS CONDITIONS 1. Definitions 2. Continuation of Coverage 3. How to Make a Claim 4. Our Choices When We Learn of a Claim 5. Handling a Claim or Legal Action 6. Limitation of Our Liability 7. Transfer of Your Rights to Us 8. This Policy is the Entire Contract 9. Increased Policy Amount 10. Severability 11 . Arbitration 12. Choice of Law SCHEDULE A Policy Number, Premium, Date and Time and Amount Deductible Amounts and Maximum Dollar Limits of Liability Street Address of the Land 1. Name of Insured 2. Interest in Land Covered 3. Description of the Land SCHEDULE B --EXCEPTIONS ALT A Homeowner's Policy Form No. 3167300 Copyright 2006-2016 American Land Title Association. All rights reserved. PAGE 1 1 4 4 5 5 5 6 6 6 7 7 7 7 7 7 The use of this Form is restricted to AL TA licensees and AL TA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. Revised 12-02-13 AMERICAN LAND TITLE ASSOCIATION PA2022-003 G National Title Insurance Company a Williston Financial Group company HOMEOWNER'S POLICY OF TITLE INSURANCE For a one-to-four family residence Issued By WFG NATIONAL TITLE INSURANCE COMPANY Policy No: 3167300-6000800 As soon as You Know of anything that might be covered by this Policy, You must notify Us promptly in writing at the address shown in Section 3 of the Conditions. Owner's Coverage Statement This Policy insures You against actual loss, including any costs, attorneys' fees and expenses provided under this Policy. The loss must result from one or more of the Covered Risks set forth below. This Policy covers only Land that is an improved residential lot on which there is located a one-to-four family residence and only when each insured named in Schedule A is a Natural Person. Your insurance is effective on the Policy Date. This Policy covers Your actual loss from any risk described under Covered Risks if the event creating the risk exists on the Policy Date or, to the extent expressly stated in Covered Risks, after the Policy Date. Your insurance is limited by all of the following: • The Policy Amount • For Covered Risk 16, 18, 19 and 21, Your Deductible Amount and Our Maximum Dollar Limit of Liability shown in Schedule A • The Exceptions in Schedule B • Our Duty To Defend Against Legal Actions • The Exclusions on page 4 • The Conditions on pages 5 through 7 Covered Risks · The Covered Risks are: 1 . Someone else owns an interest in Your Title. 2. Someone else has rights affecting Your Title because of leases, contracts, or options. 3. Someone else claims to have rights affecting Your Title because of forgery or impersonation. 4. Someone else has an Easement on the Land. 5. Someone else has a right to limit Your use of the Land. In Witness Whereof, WFG NATIONAL TITLE INSURANCE COMPANY has caused this policy to be signed and sealed by its duly authorizes officers as of Date of Policy shown in Schedule A. Issued By: WFG National Title Company of California, as Issuing Agent for WFG National Title Insurance Company By: _ ____,.------------- Authorfaed Signature AL TA Homeowner's Policy Form No. 3167300 Joseph v_ Mcc~jiVP/GaneraJ GnunseL'SecretanJ Page 1 of 7 Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form is restricted to ALT A licensees and ALT A members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. Revised 12-02-13 AMERICAN LAND TITLE >.SSOCIATION PA2022-003 File No. 21-152235 6. Your Title is defective. Some of these defects are: (a) Someone else's failure to have authorized a transfer or conveyance of your Title. (b) Someone else's failure to create a valid document by electronic means. (c) A document upon which Your Title is based is invalid because it was not properly signed, sealed, acknowledged, delivered or recorded. (d) A document upon which Your Title is based was signed using a falsified, expired, or otherwise invalid power of attorney. (e) A document upon which Your Title is based was not properly filed, recorded, or indexed in the Public Records. (f) A defective judicial or administrative proceeding. 7. Any of Covered Risks 1 through 6 occurring after the Policy Date. 8. Someone else has a lien on Your Title, including a: (a) lien of real estate taxes or assessments imposed on Your Title by a governmental authority that are due or payable, but unpaid; (b) Mortgage; ( c) judgment, state or federal tax lien; (d) charge by a homeowner's or condominium association; or (e) lien, occurring before or after the Policy Date, for labor and material furnished before the Policy Date. 9. Someone else has an encumbrance on Your Title. 10. Someone else claims to have rights affecting Your Title because of fraud, duress, incompetency or incapacity. 11. You do not have actual vehicular and pedestrian access to and from the Land, based upon a legal right. 12. You are forced to correct or remove an existing violation of any covenant, condition or restriction affecting the Land, even if the covenant, condition or restriction is excepted in Schedule B. However, You are not covered for any violation that relates to: (a) any obligation to perform maintenance or repair on the Land; or (b) environmental protection of any kind, including hazardous or toxic conditions or substances unless there is a notice recorded in the Public Records, describing any part of the Land, claiming a violation exists. Our liability for this Covered Risk is limited to the extent of the violation stated in that notice. 13. Your Title is lost or taken because of a violation of any covenant, condition or restriction, which occurred before You acquired Your Title, even if the covenant, condition or restriction is excepted in Schedule B. 14. The violation or enforcement of those portions of any law or government regulation concerning: (a) building; (b) zoning; (c) land use; (d) improvements on the Land; (e) land division; or (f) environmental protection, if there is a notice recorded in the Public Records, describing any part of the Land, claiming a violation exists or declaring the intention to enforce the law or regulation. Our liability for this Covered Risk is limited to the extent of the violation or enforcement stated in that notice. 15. An enforcement action based on the exercise of a governmental police power not covered by Covered Risk 14 if there is a notice recorded in the Public Records, describing any part of the Land, of the enforcement action or intention to bring an enforcement action. Our liability for this Covered Risk is limited to the extent of the enforcement action stated in that notice. AL TA Homeowner's Policy Form No. 3167300 Page 2 of 7 Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form is restricted to AL TA licensees and AL TA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. Revised 12 .. 02-13 AMERICAN LAND TITLE ASSOCIATION -~ PA2022-003 16. Because of an existing violation of a subdivision law or regulation affecting the Land: (a) You are unable to obtain a building permit; (b) You are required to correct or remove the violation; or File No. 21-152235 (c) someone else has a legal right to, and does, refuse to perform a contract to purchase the Land, lease it or make a Mortgage loan on it. The amount of Your insurance for this Covered Risk is subject to Your Deductible Amount and Our Maximum Dollar Limit of Liability shown in Schedule A. 17. You lose Your Title to any part of the Land because of the right to take the Land by condemning it, if: (a) there is a notice of the exercise of the right recorded in the Public Records and the notice describes any part of the Land; or (b) the taking happened before the Policy Date and is binding on You if You bought the Land without Knowing of the taking. 18. You are forced to remove or remedy Your existing structures, or any part of them -other than boundary walls or fences -because any portion was built without obtaining a building permit from the proper government office. The amount of Your insurance for this Covered Risk is subject to Your Deductible Amount and Our Maximum Dollar Limit of Liability shown in Schedule A. 19. You are forced to remove or remedy Your existing structures, or any part of them, because they violate an existing zoning law or zoning regulation. If You are required to remedy any portion of Your existing structures, the amount of Your insurance for this Covered Risk is subject to Your Deductible Amount and Our Maximum Dollar Limit of Liability shown in Schedule A. 20. You cannot use the Land because use as a single-family residence violates an existing zoning law or zoning regulation. 21. You are forced to remove Your existing structures because they encroach onto Your neighbor's land. If the encroaching structures are boundary walls or fences, the amount of Your insurance for this Covered Risk is subject to Your Deductible Amount and Our Maximum Dollar Limit of Liability shown in Schedule A. 22. Someone else_ has a legal right to, and does, refuse to perform a contract to purchase the Land, lease it or make a Mortgage loan on it because Your neighbor's existing structures encroach onto the Land. 23. You are forced to remove Your existing structures which encroach onto an Easement or over a building set- back line, even if the Easement or building set-back line is excepted in Schedule 8. 24. Your existing structures are damaged because of the exercise of a right to maintain or use any Easement affecting the Land, even if the Easement is excepted in Schedule 8. 25. Your existing improvements (or a replacement or modification made to them after the Policy Date), including lawns, shrubbery or trees, are damaged because of the future exercise of a right to use the surface of the Land for the extraction or development of minerals, water or any other substance, even if those rights are excepted or reserved from the description of the Land or excepted in Schedule 8. 26. Someone else tries to enforce a discriminatory covenant, condition or restriction that they claim affects Your Title which is based upon race, color, religion, sex, handicap, familial status, or national origin. 27. A taxing authority assesses supplemental real estate taxes not previously assessed against the Land for any period before the Policy Date because of construction or a change of ownership or use that occurred before the Policy Date. 28. Your neighbor builds any structures after the Policy Date --other than boundary walls or fences --which encroach onto the Land. 29. Your Title is unmarketable, which allows someone else to refuse to perform a contract to purchase the Land, lease it or make a Mortgage loan on it. 30. Someone else owns an interest in Your Title because a court order invalidates a prior transfer of the title under federal bankruptcy, state insolvency, or similar creditors' rights laws. 31. The residence with the address shown in Schedule A is not located on the Land at the Policy Date. 32. The map, if any, attached to this Policy does not show the correct location of the Land according to the Public Records. AL TA Homeowner's Policy Form No. 3167300 Page 3 of 7 Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form is restricted to AL TA licensees and ALT A members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. Revised 12-02-13 AMERICAN LAND TITLE ASSOCIATION PA2022-003 File No. 21-152235 Our Duty To Defend Against Legal Actions We will defend Your Title in any legal action only as to that part of the action which is based on a Covered Risk and which is not excepted or excluded from coverage in this Policy. We will pay the costs, attorneys' fees, and expenses We incur in that defense. We will not pay for any part of the legal action which is not based on a Covered Risk or which is excepted or excluded from coverage in this Policy. We can end Our duty to defend Your Title under Section 4 of the Conditions. THIS POLICY IS NOT COMPLETE WITHOUT SCHEDULES A AND B. Exclusions In addition to the Exceptions in Schedule B, You are not insured against loss, costs, attorneys' fees, and expenses resulting from: 1. Governmental police power, and the existence or violation of those portions of any law or government regulation concerning: (a) building; (b) zoning; (c) land use; (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. 2. 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. 3. The right to take the Land by condemning it. This Exclusion does not limit the coverage described in Covered Risk 17. 4. Risks: (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 the Policy Date -this does not limit the coverage described in Covered Risk 7, 8.e., 25, 26, 27 or 28. 5. Failure to pay value for Your Title. 6. 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. 7. 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. 8. Contamination, explosion, fire, flooding, vibration, fracturing, earthquake or subsidence. 9. Negligence by a person or an Entity exercising a right to extract or develop minerals, water, or any other substances. ALT A Homeowner's Policy Form No. 3167300 Page 4 of 7 Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form is restricted to AL TA licensees and ALT A members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. Revised 12-02-13 AMERICAN LAND TITLE ASSOCIATION ~ PA2022-003 File No. 21-152235 Conditions 1. DEFINITIONS a. Easement -the right of someone else to use the Land for a special purpose. b. Estate Planning Entity - a legal entity or Trust established by a Natural Person for estate planning. c. Known -things about which You have actual knowledge. The words "Know" and "Knowing" have the same meaning as Known. d. Land -the land or condominium unit described in paragraph 3 of Schedule A and any improvements on ·the Land which are real property. e. Mortgage - a mortgage, deed of trust, trust deed or other security instrument. f. Natural Person - a human being, not a commercial or legal organization or entity. Natural Person includes a trustee of a Trust even if the trustee is not a human being. g. Policy Date -the date and time shown in Schedule A. If the insured named in Schedule A first acquires the interest shown in Schedule A by an instrument recorded in the Public Records later than the date and time shown in Schedule A, the Policy Date is the date and time the instrument is recorded. h. Public Records -records that give constructive notice of matters affecting Your Title, according to the state statutes where the Land is located. i. Title -the ownership of Your interest in the Land, as shown in Schedule A. j. Trust - a living trust established by a Natural Person for estate planning. k. We/Our/Us -WFG National Title Insurance Company. I. You/Your -the insured named in Schedule A and also those identified in Section 2.b. of these Conditions. 2. CONTINUATION OF COVERAGE a. This Policy insures You forever, even after You no longer have Your Title. You cannot assign this Policy to anyone else. b. This Policy also insures: (1) anyone who inherits Your Title because of Your death; (2) Your spouse who receives Your Title because of dissolution of Your marriage; (3) the trustee or successor trustee of Your Trust or any Estate Planning Entity created for You to whom or to which You transfer Your Title after the Policy Date; (4) the beneficiaries of Your Trust upon Your death; or (5) anyone who receives Your Title by a transfer effective on Your death as authorized by law. c. We may assert against the insureds identified in Section 2.b. any rights and defenses that We have against any previous insured under this Policy. 3. HOW TO MAKE A CLAIM a. Prompt Notice Of Your Claim (1) As soon as You Know of anything that might be covered by this Policy, You must notify Us promptly in writing. (2) Send Your notice to WFG National Title Insurance Company, 12909 SW 68th Pkwy., Suite 350, Portland, OR 97223, Attention: Claims Department. WFG National Title Insurance Company's telephone number is (800) 334-8885. Email address: claims@wfgnationaltitle.com. Please include the Policy number shown in Schedule A, and the county and state where the Land is located. Please enclose a copy of Your policy, if available. (3) If You do not give Us prompt notice, Your coverage will be reduced or ended, but only to the extent Your failure affects Our ability to resolve the claim or defend You. b. Proof Of Your Loss (1) We may require You to give Us a written statement signed by You describing Your loss which includes: (a) the basis of Your claim; (b) the Covered Risks which resulted in Your loss; (c) the dollar amount of Your loss; and (d) the method You used to compute the amount of Your loss. (2) We may require You to make available to Us records, checks, letters, contracts, insurance policies and other papers which relate to Your claim. We may make copies of these papers. (3) We may require You to answer questions about Your claim under oath. ( 4) If you fail or refuse to give Us a statement of loss, answer Our questions under oath, or make available to Us the papers We request, Your Page 5 of 7 ALT A Homeowner's Policy Form No. 3167300 Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form is restricted to AL TA licensees and AL TA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. Revised 12-02-13 AMERICAN LAND TITLE ,_SSOCIATION ~ PA2022-003 coverage will be reduced or ended, but only to the extent Your failure or refusal affects Our ability to resolve the claim or defend You. 4. OUR CHOICES WHEN WE LEARN OF A CLAIM a. After We receive Your notice, or otherwise learn, of a claim that is covered by this Policy, Our choices include one or more of the following: (1) Pay the claim; (2) Negotiate a settlement; (3) Bring or defend a legal action related to the claim; (4) Pay You the amount required by this Policy; (5) End the coverage of this Policy for the claim by paying You Your actual loss resulting from the Covered Risk, and those costs, attorneys' fees and expenses incurred up to that time which We are obligated to pay; (6) End the coverage described in Covered Risk 16, 18, 19 or 21 by paying You the amount of Your insurance then in force for the particular Covered Risk, and those costs, attorneys' fees and expenses incurred up to that time which We are obligated to pay; (7) End all coverage of this Policy by paying You the Policy Amount then in force, and those costs, attorneys' fees and expenses incurred up to that time which We are obligated to pay; (8) Take other appropriate action. b. When We choose the options in Sections 4.a. (5), (6) or (7), all Our obligations for the claim end, including Our obligation to defend, or continue to defend, any legal action. c. Even if We do not think that the Policy covers the claim, We may choose one or more of the options above. By doing so, We do not give up any rights. 5. HANDLING A CLAIM OR LEGAL ACTION a. You must cooperate with Us in handling any claim or legal action and give Us all relevant information. b. If You fail or refuse to cooperate with Us, Your coverage will be reduced or ended, but only to the extent Your failure or refusal affects Our ability to resolve the claim or defend You. c. We are required to repay You only for those settlement costs, attorneys' fees and expenses that We approve in advance. d. We have the right to choose the attorney when We bring or defend a legal action on Your behalf. We can appeal any decision to the highest level. We do not File No. 21-152235 have to pay Your claim until the legal action is finally decided. e. Whether or not We agree there is coverage, We can bring or defend a legal action, or take other appropriate action under this Policy. By doing so, We do not give up any rights. 6. LIMITATION OF OUR LIABILITY a. After subtracting Your Deductible Amount if it applies, We will pay no more than the least of: (1) Your actual loss; (2) Our Maximum Dollar Limit of Liability then in force for the particular Covered Risk, for claims covered only under Covered Risk 16, 18, 19 or 21; or (3) the Policy Amount then in force. and any costs, attorneys' fees and expenses that We are obligated to pay under this Policy. b. If We pursue Our rights under Sections 4.a.(3) and 5.e. of these Conditions and are unsuccessful in establishing the Title, as insured: C. ( 1) the Policy Amount then in force will be increased by 10% of the Policy Amount shown in Schedule A, and (2) You shall have the right to have the actual loss determined on either the date the claim was made by You or the date it is settled and paid. (1) If We remove the cause of the claim with reasonable diligence after receiving notice of it, all · Our obligations for the claim end, including any obligation for loss You had while We were removing the cause of the claim. (2) Regardless of 6.c.(1) above, if You cannot use the Land because of a claim covered by this Policy: (a) You may rent a reasonably equivalent substitute residence and We will repay You for the actual rent You pay, until the earlier of: (i) the cause of the claim is removed; or (ii) We pay You the amount required by this Policy. If Your claim is covered only under Covered Risk 16, 18, 19 or 21, that payment is the amount of Your insurance then in force for the particular Covered Risk. (b) We will pay reasonable costs You pay to relocate any personal property You have the right to remove from the Land, including transportation of that personal property for up Page 6 of 7 ALT A Homeowner's Policy Form No. 3167300 Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form is restricted to AL TA licensees and AL TA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. Revised 12-02-13 AMERICAN LAND TITLE ASSOCIATION ~ PA2022-003 to twenty-five (25) miles from the Land, and repair of any damage to that personal property because of the relocation. The amount We will pay You under this paragraph is limited to the value of the personal property before You relocate it. d. All payments We make under this Policy reduce the Policy Amount then in force, except for costs, attorneys' fees and expenses. All payments We make for claims which are covered only under Covered Risk 16, 18, 19 or 21 also reduce Our Maximum Dollar Limit of Liability for the particular Covered Risk, except for costs, attorneys' fees and expenses. e. If We issue, or have issued, a Pol icy to the owner of a Mortgage that is on Your Title and We have not given You any coverage against the Mortgage, then: (1) We have the right to pay any amount due You under this Policy to the owner of the Mortgage, and any amount paid shall be treated as a payment to You under this Policy, including under Section 4.a. of these Conditions; (2) Any amount paid to the owner of the Mortgage shall be subtracted from the Policy Amount then in force; and (3) If Your claim is covered only under Covered Risk 16, 18, 19 or 21, any amount paid to the owner of the Mortgage shall also be subtracted from Our Maximum Dollar Limit of Liability for the particular Covered Risk. f. If You do anything to affect any right of recovery You may have against someone else, We can subtract from Our liability the amount by which You reduced the value of that right. 7. TRANSFER OF YOUR RIGHTS TO US a. When We settle Your claim, We have all the rights and remedies You have against any person or property related to the claim. You must not do anything to affect these rights and remedies. When We ask, You must execute documents to evidence the transfer to Us of these rights and remedies. You must let Us use Your name in enforcing these rights and remedies. b. We will not be liable to You if We do not pursue these rights and remedies or if We do not recover any amount_ that might be recoverable. c. We will pay any money We collect from enforcing these rights and remedies in the following order: (1) to Us for the costs, attorneys' fees and expenses We paid to enforce these rights and remedies; (2) to You for Your loss that You have not already collected; (3) to Us for any money We paid out under this Policy on account of Your claim; and File No. 21-152235 (4) to Yot.i whatever is left. d. If You have rights and remedies under contracts (such as indemnities, guaranties, bonds or other policies of insurance) to recover all or part of Your loss, then We have all of those rights and remedies, even if those contracts provide that those obligated have all of Your rights and remedies under this Policy. 8. THIS POLICY IS THE ENTIRE CONTRACT This Policy, with any endorsements, is the entire contract between You and Us. To determine the meaning of any part of this Policy, You must read the entire Policy and any endorsements. Any changes to this Policy must be agreed to in writing by Us. Any claim You make against Us must be made under this Policy and is subject to its terms. 9. INCREASED POLICY AMOUNT The Policy Amount then in force will increase by ten percent (10%) of the Policy Amount shown in Schedule A each year for the first five years following the Policy Date shown in Schedule A, up to one hundred fifty percent (150%) of the Policy Amount shown in Schedule A. The increase each year will happen on the anniversary of the Policy Date shown in Schedule A. 10. SEVERABILITY If any part of this Policy is held to be legally unenforceable, both You and We can still enforce the rest of this Policy. 11. ARBITRATION a. If permitted in the state where the Land is located, You or We may demand arbitration. b. The law used in the arbitration is the law of the state where the Land is located. c. The arbitration shall be under the Title Insurance Arbitration Rules of the American Land Title Association ("Rules"). You can get a copy of the Rules from Us. d. Except as provided in the Rules, You cannot join or consolidate Your claim or controversy with claims or controversies of other persons. e. The arbitration shall be binding on both You and Us. The arbitration shall decide any matter in dispute · between You and Us. f. The arbitration award may be entered as a judgment in the proper court. 12. CHOICE OF LAW The law of the state where the Land is located shall apply to this policy. Page 7 of 7 ALT A Homeowner's Policy Form No. 3167300 Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form is restricted to ALT A licensees and ALT A members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. Revised 12-02-13 AMERIC,\N LAND TITLE ASSOCIATION -~ PA2022-003 G National Title Insurance Company a Williston Financial Group company HOMEOWNER'$ POLICY OF TITLE INSURANCE For a one-to-four family residence Issued By WFG National Title Insurance Company SCHEDULE A Name and Address of Title Insurance Company: WFG National Title Insurance Company 12909 SW 68th Parkway, Suite 350, Portland, OR 97223 Policy No.: Policy Amount: 3167300-6000800 $1,905,000.00 Premium: $2,083.00 Policy Date: July 8, 2021 12:56PM Deductible Amounts and Maximum Dollar Limits of Liability For Covered Risk 16, 18, 19 and 21: Covered Risk 16: Your Deductible Amount 1 % of Policy Amount Shown in Schedule A or $2,500 (whichever is less) Our Maximum Dollar Limit of Liability $10,000 Covered Risk 18: Covered Risk 19: Covered Risk 21 : 1 % of Policy Amount Shown in Schedule A or $5,000 (whichever is less) 1 % of Policy Amount shown in Schedule A or $5,000 (whichever is less) 1 % of Policy Amount Shown in Schedule A or $2,500 (whichever is less) Street Address of the Land: 427 Santa Ana Avenue, Newport Beach, CA 92663 Name of Insured: Fazio Investments, LLC, a Delaware Limited Liability Company Your interest in the Land covered by this Policy is: Fee Simple The Land referred to in this Policy is described as: See Exhibit "A" attached hereto and made a part hereof Countersigned: $25,000 $25,000 $5,000 ~le Company of California AL TA Homeowner's Policy Form No. 3167300 Authorized Signatory Page 1 of 3 Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form is restricted to AL TA licensees and ALT A members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. Revised 12-02-13 AMERICAN LAND TITLE /\SSOCIATION ~ PA2022-003 Policy No.: 3167300-6000800 HOMEOWNER'S POLICY OF TITLE INSURANCE For a one-to-four family residence Issued By WFG NATIONAL TITLE INSURANCE COMPANY SCHEDULE B EXCEPTIONS File No. 21-152235 · 1n addition to the Exclusions, You are not insured against loss, costs, attorneys' fees, and expenses resulting from: 1. Water rights, claims or title to water, whether or not shown by the public records. 2. An ·easement and rights of way for necessary ditches, pipe lines and flumes and rights incidental thereto, as reserved in the deed from The Irvine Company, a corporation, set forth in a document recorded on January 3, 1913, in Book 224, Page 328, of Deeds. Reference is hereby made to said document for full particulars. 3. An easement for electric lines and rights incidental thereto, as granted to Southern California Edison Company, a corporation, set forth in a document recorded on January 28, 1953, in Book 2443, Page 467, of Official Records. Affects: along the Northeasterly line of said land 4. General and special taxes and assessments for the fiscal year 2021 -2022, a lien not yet due or payable. 5. The lien of supplemental taxes, if any, assessed pursuant to Chapter 3.5 commencing with Section 75 of the California Revenue and Taxation Code. · 6. Assessments, for community facility districts, if any, affecting said land which may exist by virtue of assessment maps or notices filed by said districts. 7. The liens of bonds and assessments liens, if applicable, collected with the general and special taxes. ALT A Homeowner's Policy Form No. 3167300 END OF EXCEPTIONS Page 2 of 3 Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form is restricted to AL TA licensees and AL TA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. Revised 12-02-13 AMERICAN LAND TITLE >.SSOCIATION --- PA2022-003 Policy No.: 3167300-6000800 EXHIBIT "A" LEGAL DESCRIPTION File No. 21-152235 ALL THAT CERTAIN REAL PROPERTY IN THE COUNTY OF ORANGE, STATE OF CALIFORNIA, DESCRIBED AS FOLLOWS: THE SOUTHEASTERLY 72 FEET OF LOTS 6 AND 7 IN BLOCK 12, TRACT NO. 27 AS SHOWN ON A MAP RECORDED IN BOOK 9, PAGE 26 OF MISCELLANEOUS MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. . ··· APN(S): 049-071-07 AL TA Homeowner's Policy Form No. 3167300 Page 3 of 3 Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form is restricted to ALT A licensees and ALT A members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. Revised 12-02-13 AMERICAN LAND TITLE ASSOCIATION PA2022-003 Plain English Privacy Statement for Appraisal, Title & Escrow Customers WFG believes it is important to protect your privacy and confidences. We recognize and respect the privacy expectations of our customers. We believe that making you aware of how we collect information about you, how we use that information, and with whom we share that information will form the basis for a relationship of trust between us. This Privacy Policy provides that explanation. We reserve the right to chan·ge this Privacy Policy from time to time .. Williston Financial Group, LLC, WFG National Title Insurance Co. and each of the affiliates listed below ( collectively "WFG" or the "WFG Family") are obligated to comply with Federal and state privacy laws. While there are some common requirements to those laws, the definitions and duties differ significantly from law-to-law and state-to-state. A privacy statement drafted to comply with all of the applicable privacy laws and their differing definitions would likely be confusing. Therefore, in an attempt to better communicate our privacy policies, WFG designed this "Plain English" explanation, followed by the Gramm-Leach-Bliley Act model form and website links to State-Specific Privacy Notices in order to provide you with the complete, legal privacy notices and disclosures required under Federal and applicable State Laws. WFG's primary business is providing appraisal, title insurance and, escrow services for the sale or refinance of real property. This can be a complicated process, involving multiple parties, many of whom have been selected by our customers, each filling a specialized role. In part, you have hired WFG to coordinate and smooth the passage of the information necessary for an efficient settlement or closing. In the course of this process, WFG collects a significant amount of personal and identifying information about the parties to a transaction, including sensitive items that include but are not limited to: your contact information including email addresses, Social Security numbers, driver's license and, other identification numbers and information; financial, bank and insurance information; information about past and proposed mortgages and loans; about properties you currently or previously owned; your mortgage application package; and the cookie, IP address, and other information captured automatically by computer systems. Much of this information is gathered from searches of public land records, tax, court and credit records to make certain that any liens, challenges, or title defects are addressed properly. Some of the information that is collected is provided by you, or the computer systems you use. We also may receive information from real estate brokers and agents, mortgage brokers and, others working to facilitate your transaction. We also may receive information from public, private or governmental databases including credit bureaus, 'no-fly' lists, and terrorist 'watch lists' , as well as from your lenders and credit bureaus. What Information is Shared? WFG DOES NOT SELL any of your information to non-affiliated companies for marketing or any other purpose. However, some of the same information does get shared with persons inside and outside the WFG Family in order to facilitate and complete your transaction. For example: • Information, draft documents, and closing costs will pass back and forth between WFG and your mortgage broker and lender to facilitate your transaction. • Information, including purchase agreements and amendments, will pass back and forth between WFG and the real estate agents and brokers, the mortgage brokers and lenders, the lawyers and accountants, and others involved in facilitating the transaction. • WFG may order property searches and examinations from title searchers, abstractors and title plants. • WFG may use third parties to obtain tax information, lien information, payoff information, condominium and, homeowners' association information and payoff information. • Third parties may be engaged to prepare documents in connection with your transaction. • Surveys, appraisals and, inspections may be ordered. WFG Privacy Policy PA2022-003 • Within the WFG Family of companies, we may divide up the work to handle each closing in the most efficient manner possible and to meet specific legal and licensing requirements. Certain parts of your closing (for example a search or disbursement) may be handled by another division or company within the WFG Family. • When it is time for signatures, your complete closing package may be sent to a notary, remote online notary, or notary service company who will arrange to meet with you to sign documents. The notary will, in turn, send signed copies back to us along with copies of your driver's license or other identity documents usually by mail, UPS, Federal Express or another courier service. · • Your deed, mortgage and other documents required to perfect title will be recorded with the local recorder of deeds. • In some cases, we use an outside service to coordinate the recording or electronic-recording of those instruments, and they will receive copies of your deeds, mortgages and other recordable documents to · process, scan and send on to the recording office. • Various government a~iericies get involved. The law requires us to provide certain information to the IRS, the US Treasury, local and state tax authorities and other governmental agencies. You have a choice in the selection of a mortgage broker, lender, real estate broker or agent and others that make up your 'transaction team.' Information flows to and from the members of the transaction team you have selected to facilitate an efficient transaction for you. When WFG selects and engages a third-party provider, we limit the scope of the information shared with that third party to the information reasonably necessary for that service provider to provide the requested services. With most, we have entered into express agreements in which they expressly commit to maintain a WFG customer's information in strict confidence and use the information only for purposes of providing the requested services, clearing title, preventing fraud and addressing claims under our title insurance policies. How does WFG use your Information? We may use your personal information in a variety of ways, including but not limited to: • Provide the products, services and title insurance you have requested and to close and facilitate your transaction. • Coordinate and manage the appraisal process. • Handle a claim or provide other services relating to your title insurance policies. • Create and manage your account. • Operate and improve WFG's applications and websites, including WFG MyHome®, WFG's secure communication and transaction portal. Your information is used for access management, payment processing, site administration, internal operations, troubleshooting, data analysis, testing, research, and for statistical purposes. • Respond to your requests, feedback, or inquiries. • Comply with laws, regulations, and other legal requirements. • Comply with relevant industry standards and our policies, including managing WFG's risk profile through reinsurance. • Protect and enforce your rights and the rights of other users against unlawful activity, including identity theft and fraud. • Protect and enforce our collective rights arising under any agreements entered into between WFG and you or any other third party; • Protect the integrity and maintain security of our applications, websites, and products; • Operate, evaluate, and improve our business; and • Provide you with information about products, services, and promotions, from WFG or third parties that may interest you. How Do We Store and Protect Your Personal Information? Although no system can guarantee the complete security of your personal information, we will use our best efforts to maintain commercially reasonable technical, organizational, and physical safeguards, consistent with applicable law, to protect your personal information and our systems and sites from malicious intrusions or hacking. WFG Privacy Policy PA2022-003 How Long Do We Keep Your Personal Information? We keep your personal information for as long as necessary to comply with the purpose for which it was collected, our business needs, and our legal and regulatory obligations. We may store some personal information indefinitely. If we dispose of your personal information, we will do so in a way that is secure and appropriate to the nature of the information subject to disposal. Computer Information When you access a WFG website, or communicate with us by e-mail, we may automatically collect and store more information than you are expressly providing when you fill out a survey or send an email. This may include: • Your IP Address. • Your email address, your alias and, social media handles. • The.type of browser and operating system you use. • The time of your visit. • The pages of our site you visit. • Cookies. In order to provide you with customized service, we make use of Web browser cookies. Cookies are files that help us identify your computer and personalize your online experience. You may disable cookies on your computer, but you may not be able to download online documents or access certain sites unless cookies are enabled. The technical information we collect is used for administrative and technical purposes and to prevent fraud and provide identity verification. For instance, we may use it to count the number of visitors to our site and determine the most popular pages. We may also use it to review types of technology you are using, determine which link brought you to our Web site, assess how our advertisements on other sites are working, help with maintenance, and improve our customers' experience. We may compare information gathered on previous visits to verify that we are interacting with the same parties and not a potential imposter. If we ask you to fill out any forms or surveys, we will use the information we receive only for the specific purposes indicated in those forms or surveys. The information you and your transaction team send us in emails or attached to an email, or provide through any of our online tools, is used for purposes of providing title, escrow and appraisal management services and used for the purposes described above. Links to Third Party Sites Our Applications and Websites may contain links to third-party websites and services. Please note that these links are provided for your convenience and information, and the websites and services may operate independently from us and have their own privacy policies or notices, which we strongly suggest you review. This Privacy Notice applies to WFG's applications and websites only. Do Not Track Because there is not an industry-standard process or defined criteria to perm it a user to opt-out of tracking their online activities (Do Not Track or ONT), our websites do not currently change the way they operate based upon detection of a "Do Not Track" or similar signal. Likewise, we cannot assure that third parties are not able to collect information about your online activities on WFG websites or applications. Social Media Integration Our applications, websites, and products contain links to and from social media platforms. You may choose to connect to us through a social media platform, such as Facebook, Twitter, Google, etc. When you do, we may collect additional information from or about you, such as your screen names, profile picture, contact information, contact list, and the profile pictures of your contacts, through the social media platform. The social media platforms may also collect information from you. When you click on a social plug-in, such as Facebook's "Like" button, Twitter's "tweet" button or the Google+, that particular social network's plugin will be activated and your browser will directly connect to that provider's servers. Your action in clicking on the social plug-in causes information to be passed to the social media platform. WFG Privacy Policy PA2022-003 We do not have control over the collection, use and sharing practices of social media platforms. We, therefore, encourage you to review their usage and disclosure policies and practices, including their data security practices, before using social media platforms. How Can You "Opt-Out?" We do not sell your information; therefore there is no need to opt-out of such reselling. Under various laws, you can opt-out of the sharing of your information for more narrow purposes. For additional detail, consult the Links under the "Legal" Notices attached below. The "Legal" Notices To comply with various federal and state laws, we are required to provide more complete legal notices and disclosures. In reviewing these, you will find that these notices incorporate the definitions and terminology used in · -the respective-privacy laws which can often be somewhat convoluted and may even seem inconsistent with the descriptions above. The state-specific statutes may also give residents of those states additional rights and remedies. Privacy Notice for California Residents -https://national.wfgnationaltitle.com/privacy-notice-california Privacy Notice for Oregon Residents -https://national.wfgnationaltitle.com/privacy-notice-oregon How to Contact Us If you have any questions about WFG's privacy policy or how we protect your information, please contact WFG: • By email: Consumerprivacy@willistonfinancial.com • By telephone: 833-451-5718 • By fax: 503-97 4-9596 • By mail: 12909 SW 68th Pkwy, Suite 350, Portland, OR 97223 • In-person: 12909 SW 68th Pkwy, Suite 350, Portland, OR 97223 WFG FAMILY WILLISTON FINANCIAL GROUP LLC WFG NATIONAL TITLE INSURANCE COMPANY WFG LENDER SERVICES, LLC WFGLS TITLE AGENCY OF UTAH, LLC WFG NATIONAL TITLE COMPANY OF WASHINGTON, LLC WFG NATIONAL TITLE COMPANY OF CALIFORNIA WFG NATIONAL TITLE COMPANY OF TEXAS, LLC D/B/A WFG NATIONAL TITLE COMPANY UNIVERSAL TITLE PARTNERS, LLC VALUTRUST SOLUTIONS, LLC WILLISTON ENTERPRISE SOLUTIONS & TECHNOLOGY, LLC WFG NATIONAL TITLE COMPANY OF CLARK COUNTY, WA, LLC O/B/A WFG NATIONAL TITLE Revised 6.12.20 WFG Privacy Policy PA2022-003 FACTS Why? What? How? WHAT DOES WILLISTON FINANCIAL GROUP DO WITH YOUR PERSONAL INFORMATION? Rev. 12/2019 Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. The types of personal information we collect and share depend on the product or service you have with us. This information can include: • Social Security number and other government identification information • Your name, address, phone, and email • Information about the property, any liens and restrictions • Financial Information including credit history and other debt •· • Financial account information, includin wire transfer instructions. All financial companies need to share customers' personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' personal information; the reasons Williston Financial Group chooses to share; and whether you can limit this sharin Reasons we can share your personal information I Does Williston Financial Group share? I Can you limit this sharing? For our everyday business purposes- such as to process your transactions, maintain your account{s), respond to court orders and legal investi ations, or re ort to credit bureaus For our marketing purposes- to offer our roducts and services to ou For our affiliates' everyday business purposes- information about our transactions and ex eriences For our affiliates' everyday business purposes- information about our creditworthiness Yes Yes No Yes No For our affiliates to market to ou No For nonaffiliates to market to ou No To limit • Call 833-451-5718-our menu will prompt you through your choice{s) No No We don't share No We don't share We don't share We don't share our sharing • Visit us online: http://bit.ly/WFGsConsumerPrivacylnformationRequestPaqe or e-mailing us at consumerprivacy@willistonfinancial.com Questions? Mail-In Form If you have a joint policy, your choices will apply to everyone on your account. WFG Privacy Policy • Mail the form below Please note: If you are a new customer, we can begin sharing your information from the date we sent this notice. When you are no longer our customer, we continue to share your information as described in this notice. However, ou can contact us at an time to limit our sharin . Mark any/all you want to limit: [ ] Do not share information about my creditworthiness with your affiliates for their everyday business purposes. [ ] Do not allow your affiliates to use my personal information to market to me. [ ] Do not share my personal information with nonaffiliates to market their products and services to me. Name Address City, State, Zip File Number Mail to: ------------------Williston Financial Group -------------------1 PRIVACY DEPT -------------------1 12909 SW 681h Pkwy, #350 Portland, OR 97223 PA2022-003 C. Who is providing this notice How does Williston Financial Group protect my personal information? .. How does Williston Financial Group collect my personal information? Why can't I limit all sharing? What happens when I limit sharing for an account I hold · ointl with someone else? Affiliates Non affiliates Joint marketing • • To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. We limit access to your information to employees that need to use the information to process or protect transaction. We take industry standard (IPSEC) measures to protect against malicious intrusions or hacking We collect your personal.information, for example, when you • Apply for insurance • Engage us to provide appraisal, title and escrow services • Give us your contact information • Provide your mortgage information • Show your driver's license We also collect your personal information from others, such as real estate agents and brokers, mortgage brokers, lenders, credit bureaus, affiliates, and others Federal law gives you the right to limit only • sharing for affiliates' everyday business purposes- information about your creditworthiness • affiliates from using your information to market to you • sharing for nonaffiliates to market to you State laws and individual companies may give you additional rights to limit sharin . See below for more on our ri hts under state law. Your choices will apply to everyone on your policy. Companies related by common ownership or control. They can be financial and nonfinancial companies. Our affiliates include companies with a common corporate identity, includin those listed below. Companies not related by common ownership or control. They can be financial and nonfinancial companies. Nonaffilliates we share with can include real estate agents and brokers, mortgage brokers, lenders, appraisers, abstractors and title searchers and others as appropriate to facilitate your transaction. A formal agreement between nonaffiliated financial companies that together market financial products or services to you. As a resident or citizen of certain states, we may have to provide additional state specific privacy notices and you may have rights other than as set forth above. The links below will provide state specific information: Privacy Notice for California Residents -https://national.wfqnationaltitle.com/privacy-notice-california Privacy Notice for Oregon Residents -https://national.wfqnationaltitle.com/privacy-notice-oregon WFG Privacy Policy PA2022-003