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HomeMy WebLinkAbout20190910_Application_l>A-1.o\ '{ -)l-\ ( IIPOM'EO) Community Development Department c1rv oF NEwronr BEACH Planning Permit Application NewportB:~~i-!i~ 1. Check Permits Requested: 0 Approval-In-Concept -AIC # D Lot Merger D Coastal Development Permit D Limited Term Permit - D Waiver for De Minim is Development D Seasonal D < 90 day 0>90 days D Coastal Residential Development D Modification Permit D Condominium Conversion D Off-Site Parking Agreement D Comprehens ive Sign Program D Planned Community Development Plan D Development Agreement D Planned Development Permit D Development Plan D Site Development Review -D Major D Minor D Lot Line Adjustment D Parcel Map 2 . ...£!oje~t .Add_res~(~s )/ As _se~~el _!i _o.,..(s..,.,) __ ~0321 Irvine Avenu~,~it ~3, Newport Beach, CA 92660 . . .. newportbeachca .g ov/comrt)IB'l/ijt:J~hlient NOV O 6 2019 D Staff Approval 0 Tract Map CITY OF D Traffic Study t, '<' Iii Use Permit -□Mino r 51 ~~~c; D Amendment to isting~e Permit D Variance 0 Amendment -□Code □PC □GP OLCP D Other: 3 . Pro·e_ct Descrietion an~ Justificatie>_n (Attach additional s~eets ,_if_n_e_c_e_s_s_ar.,,.y_.,,.}: ________ _ , See Attached ' 7 P rt O , Aff'd 't*· (I) (W ) . The Jetty Newport Beach, LLC . rope y wner s I av, . e . . . ... --. . .,_. ---~- depose and say that (I am) (we are) the owner(s) of the property (ies) involved in this application. (I) (We) further certify, under penalty of perjury, that the foregoing statements and answers herein contained and the information herewith submitted are in all respects true and correct to the best of (my) (our) knowledge and belief. Signature(s): "4A~---Title: [~~ . __ ~"'~---]Date: E~;19 . --. -] Signature(s): ___ V _____ Title: r: ~::::·:_~·-=~~,~~~~~!Date: c~~~I *May be signed by the lessee or by an authorized agent If written authorization from the owner of record Is filed concurrently with the application. Please note, the owner(s)' signature for Parcel/Tract Map and Lot Line Adjustment Application must be notarized . F:\Use rs\CDD\Shared\Admln\Plannlng_Dlvlslon\App/lcatlons\Appllcotlon_Guldellnes\Pla nnlng Permit App/lca llon • CDP added .docx Rev: 01 /24/17 PA2019-171 FOR OFFICE USE ONLY\ Date Filed: _______________________ 2700-5000 Acct. APN No: __________________________ Deposit Acct. No. ________________________ Council District No.: _________________ For Deposit Account: General Plan Designation: ____________ Fee Pd: _______________________________________ Zoning District: _____________________ Receipt No: ____________________________ Coastal Zone: Yes No Check #: __________ Visa MC Amex # ____________ CDM Residents Association and Chamber Community Association(s): _______________________ Development No: __________________________ _____________________________________________ Project No: ________________________________ _____________________________________________ Activity No: _______________________________ Related Permits: ___________________________ APPLICATION Approved Denied Tabled: _________________________ ACTION DATE Planning Commission Meeting Zoning Administrator Hearing Community Development Director Remarks: __________________________________________________________________________________________ __________________________________________________________________________________________ APPLICATION WITHDRAWN: Withdrawal Received (Date): ________________________ APPLICATION CLOSED WITHOUT ACTION: Closeout Date: ________________________ Remarks: __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ 09.10.2019 936 801 36 3 CO-G SP-7 N/A PA2019-171 D2019-0445 UP2019-045 □ □ □ □ □ □ □ □ □ □ □ PA2019-171 Mr. David Lee Assistant Planner City of Newport Beach 100 Civic Center Drive First Floor Newport Beach, California 92660 Re: 20321 Irvine Ave suite F3 Dear Mr. Lee: LAW OFFICES OF PHILLIP B GREER 1300 Bristol Street North suite 100 Newpo rt Beach, California 92660 (949) 640-8911 (949) 955-9069 (fax) phil @phillipgree rlaw.com September 5, 2019 Please allow this correspondence to address the parking consideration Vlrith regard to the conditional use permit application for the above referenced property. All calculations are based upon the Kunzman & Associates study previously submitted to the City of Newport Beach and utilized to determine parking availability at the above reference property. Copies of the relevant calculations are attached hereto. Again, the total new square footage has been determined to be 80,289 square feet. Approximately 11,764 square feet have been designated for medical usage, leaving approximately 68,525 for conventional office space. Pursuant to the Kunzman study, there are a total of 301 parking spaces required and provided. Given that Dr. Bonakdar is simply taking over existing office space, coupled the the twenty percent (20%) medical offset provided by the building code, it would appear that Dr. Bonakdar is well within the parameters of the parking requirements. As always, if you have any questions, please do not hesitate to contact the undersigned. PA2019-171 First 50,000 sf Nest 75,000 sf Learning Center PARKING ANALYSIS 1:250 net floor area (50,000 sf) 1:300 net floor area (27,354 sf) (2,935 sf) Spaces Required Spaces waived pursuant to UP2015-015 Total spaces required Total spaces provided 200 spaces 92 spaces 27 spaces 319 spaces 18 spaces 301 spaces 301 spaces PA2019-171 The Jetty BLDG Business Name 20371 Irvine Ave A 100 liolas 120 lioakins 140 jrl capital 150 vacant 160 Newport Psychology group 170 lindamoode bell 200 vacant 210 Generations healthcare 220 orange county clinical psyc 230 vacant 240 Studio 88 250 Veracity 270 vacant B 20361 Irvine Ave Bl Vacant B2 Shiloh enterprises B3 Basi Pilates C 20351 Irvine Ave C 1/2 Hitchman Fiduciary C3 Ruben Martinez C4 Alexis Meshi CS Studio 88 C6 Vacant D 20341 Irvine Ave D1 ET Chiropractic D2 Aperion D3 -4 Nutshell Wifi E 20331 Irvine Ave El Paul Decampo E2 Watson legal group E3/4/5 P11 creative £6 Subject property £7 Subject property Desc. office-finance office-finance office-finance office psych atrist/ office Office-tutoring office corp office psychatrist/ office office interior design video mktg/office office Office Architecural/Consulting Firm training/office financial consulting/office Financial consulting/office OFFICE Interior design office Chiropractor Graphic Design/office Office Office Leg a I/ office Graphics/Marketing/Office medical medical Gross SF 3,102 5,310 1,365 2,335 2,088 3,642 4,171 2,841 2,138 1,469 1,329 4,030 2,852 5,978 2,832 3,480 2,226 1,590 1,609 2,686 1,571 .~ ,478 2,653 1,367 1,465 ~ ~ PA2019-171 F 20321 Irvine Ave Fl Garrido Fitness F2 vacant F3 vacant office office office <9101-,.,( Office SF . •---,-------="=-=· Medical 3,423 2,070 ~ .-88;372f b~ ~25 :: 7s,s19 verrrj: 12,855 . ('fl, 761/ ~0 ZZ'/ 85% ~- Iv.. 6 /" PA2019-171 PA2019-171 PA2019-171 PA2019-171 BUILDING F F3 Firs, Floor F3 Second Floor I / j_ X > "" PA2019-171 } I PA2019-171 c::J PA2019-171 Monica Bonakdar MD 2121 E. Coast Highway suite 250 Corona del Mar, California 92625 (949) 721-6000 October 23, 2019 The practice is limited to providing nonsurgical rejuvenation solutions for the aging face and body in a boutique setting. Patients are seen on an appointment only basis and it is anticipated that the facility will be treating five to seven patients a day with thirty to forty five minute therapeutical procedures. In addition to Dr. Bonakdar, there will be one administrative staff person who will be responsible for operational management. Sometime in the future, it is contemplated that the doctor will bring on an assistant therapist. This is a very small, specialized practice. PA2019-171 ' ,. ,,, ... f ~ First American ALTA Commitment for Title Insurance ISSUED BY Commitment First American Title Insurance Company File No: NCS-967245-SAl COMMITMENT FOR TITLE INSURANCE Issued By FIRST AMERICAN TITLE INSURANCE COMPANY NOTICE IMPORTANT-READ CAREFULLY: THIS COMMITMENT IS AN OFFER TO ISSUE ONE OR MORE TITLE INSURANCE POLICIES. ALL CLAIMS OR REMEDIES SOUGHT AGAINST THE COMPANY INVOLVING THE CONTENT OF THIS COMMITMENT OR THE POLICY MUST BE BASED SOLELY IN CONTRACT. THIS COMMITMENT IS NOT AN ABSTRACT OF TITLE, REPORT OF THE CONDITION OF TITLE, LEGAL OPINION, OPINION OF TITLE, OR OTHER REPRESENTATION OF THE STATUS OF TITLE. THE PROCEDURES USED BY THE COMPANY TO DETERMINE INSURABILITY OF THE TITLE, INCLUDING ANY SEARCH AND EXAMINATION, ARE PROPRIETARY TO THE COMPANY, WERE PERFORMED SOLELY FOR THE BENEFIT OF THE COMPANY, AND CREATE NO EXTRACONTRACTUAL LIABILITY TO ANY PERSON, INCLUDING A PROPOSED INSURED. THE COMPANY'S OBLIGATION UNDER THIS COMMITMENT IS TO ISSUE A POLICY TO A PROPOSED INSURED IDENTIFIED IN SCHEDULE A IN ACCORDANCE WITH THE TERMS AND PROVISIONS OF THIS COMMITMENT. THE COMPANY HAS NO LIABILITY OR OBLIGATION INVOLVING THE CONTENT OF THIS COMMITMENT TO ANY OTHER PERSON. COMMITMENT TO ISSUE POLICY Subject to the Notice; Schedule B, Part I-Requirements; Schedule B, Part II-Exceptions; and the Commitment Conditions, First American Title Insurance Company, a Nebraska Corporation (the "Company"), commits to issue the Policy according to the terms and provisions of this Commitment. This Commitment is effective as of the Commitment Date shown in Schedule A for each Policy described in Schedule A, only when the Company has entered in Schedule A both the specified dollar amount as the Proposed Policy Amount and the name of the Proposed Insured. If all of the Schedule B, Part I-Requirements have not been met within six months after the Commitment Date, this Commitment terminates and the Company's liability and obligation end. First American Title lnsu.rance Company flr/d~ Oon,1is J . Gilrn om P r€>S lde nt Je ffrey S Rob inso n Secre i ory If this jacket was created electronically, it constitutes an original document. This page is only a part of a 2016 ALTA @ Commitment for Title Insurance issued by Arst American Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule ~ Part I-Requirements; Schedule ~ Part II-Exceptions. Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA 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. Form 50003700 (8-23-18) Page 1 of 14 ALTA Commitment for Title Insurance (8-1-16) California PA2019-171 COMMITMENT CONDITIONS 1. DEFINITIONS (a) "Knowledge" or "Known": Actual or imputed knowledge, but not constructive notice imparted by the Public Records. (b) "Land": The land described in Schedule A and affixed improvements that by law constitute real property. The term "Land" does not include any property beyond the lines of the area described in Schedule A, nor any right, title, interest, estate, or easement in abutting streets, roads, avenues, alleys, lanes, ways, or waterways, but this does not modify or limit the extent that a right of access to and from the Land is to be insured by the Policy. (c) "Mortgage": A mortgage, deed of trust, or other security instrument, including one evidenced by electronic means authorized by law. (d) "Policy": Each contract of title insurance, in a form adopted by the American Land Title Association, issued or to be issued by the Company pursuant to this Commitment. (e) "Proposed Insured": Each person identified in Schedule A as the Proposed Insured of each Policy to be issued pursuant to this Commitment. (f) "Proposed Policy Amount": Each dollar amount specified in Schedule A as the Proposed Policy Amount of each Policy to be issued pursuant to this Commitment. (g) "Public Records": Records established under state statutes at the Commitment Date for the purpose of imparting constructive notice of matters relating to real property to purchasers for value and without Knowledge. (h) "Title": The estate or interest described in Schedule A. 2. If all of the Schedule B, Part I-Requirements have not been met within the time period specified in the Commitment to Issue Policy, this Commitment terminates and the Company's liability and obligation end. 3. The Company's liability and obligation is limited by and this Commitment is not valid without: (a) the Notice; (b) the Commitment to Issue Policy; (c) the Commitment Conditions; (d) Schedule A; (e) Schedule B, Part I-Requirements; and (f) Schedule B, Part II-Exceptions. 4. COMPANY'S RIGHT TO AMEND The Company may amend this Commitment at any time. If the Company amends this Commitment to add a defect, lien, encumbrance, adverse claim, or other matter recorded in the Public Records prior to the Commitment Date, any liability of the Company is limited by Commitment Condition 5. The Company shall not be liable for any other amendment to this Commitment. 5. LIMITATIONS OF LIABILITY (a) The Company's liability under Commitment Condition 4 is limited to the Proposed Insured's actual expense incurred in the interval between the Company's delivery to the Proposed Insured of the Commitment and the delivery of the amended Commitment, resulting from the Proposed Insured's good faith reliance to: (i) comply with the Schedule B, Part I-Requirements; (ii) eliminate, with the Company's written consent, any Schedule B, Part II-Exceptions; or (iii) acquire the Title or create the Mortgage covered by this Commitment. (b) The Company shall not be liable under Commitment Condition S(a) if the Proposed Insured requested the amendment or had Knowledge of the matter and did not notify the Company about it in writing. (c) The Company will only have liability under Commitment Condition 4 if the Proposed Insured would not have incurred the expense had the Commitment included the added matter when the Commitment was first delivered to the Proposed Insured. (d) The Company's liability shall not exceed the lesser of the Proposed Insured's actual expense incurred in good faith and described in Commitment Conditions S(a)(i) through S(a)(iii) or the Proposed Policy Amount. (e) The Company shall not be liable for the content of the Transaction Identification Data, if any. (f) In no event shall the Company be obligated to issue the Policy referred to in this Commitment unless all of the Schedule B, Part I-Requirements have been met to the satisfaction of the Company. (g) In any event, the Company's liability is limited by the terms and provisions of the Policy. This page is only a part of a 2016 AL TA@ Commitment for Title Insurance issued by First American Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule 8, Part I-Requirements; Schedule B, Part II-Exceptions. Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form ( or any derivative thereof) 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. Form 50003700 (8-23-18) Page 2 of 14 ALTA Commitment for Title Insurance (8-1-16) California PA2019-171 6. LIABILITY OF THE COMPANY MUST BE BASED ON THIS COMMITMENT (a) Only a Proposed Insured identified in Schedule A, and no other person, may make a claim under this Commitment. (b) Any claim must be based in contract and must be restricted solely to the terms and provisions of this Commitment. (c) Until the Policy is issued, this Commitment, as last revised, is the exclusive and entire agreement between the parties with respect to the subject matter of this Commitment and supersedes all prior commitment negotiations, representations, and proposals of any kind, whether written or oral, express or implied, relating to the subject matter of this Commitment. (d) The deletion or modification of any Schedule B, Part II-Exception does not constitute an agreement or obligation to provide coverage beyond the terms and provisions of this Commitment or the Policy. (e) Any amendment or endorsement to this Commitment must be in writing and authenticated by a person authorized by the Company. (f) When the Policy is issued, all liability and obligation under this Commitment will end and the Company's only liability will be under the Policy. 7. IF THIS COMMITMENT HAS BEEN ISSUED BY AN ISSUING AGENT The issuing agent is the Company's agent only for the limited purpose of issuing title insurance commitments and policies. The issuing agent is not the Company's agent for the purpose of providing closing or settlement services. 8. PRO-FORMA POLICY The Company may provide, at the request of a Proposed Insured, a pro-forma policy illustrating the coverage that the Company may provide. A pro-forma policy neither reflects the status of Title at the time that the pro-forma policy is delivered to a Proposed Insured, nor is it a commitment to insure. 9. ARBITRATION Arbitration provision intentionally removed. This page is only a part of a 2016 AL TA@ Commitment for Title Insurance issued by First American Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I-Requirements; Schedule B, Part JI-Exceptions. Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA 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. Form 50003700 (8-23-18) Page 3 of 14 ALTA Commitment for Title Insurance (8-1-16) California PA2019-171 ~ First American Schedule A ALTA Commitment for Title Insurance ISSUED BY First American Title Insurance Company File No: NCS-967245-SA1 Transaction Identification Data for reference only: Issuing Agent: First American Title Insurance Company National Commercial Services Issuing Office: 18500 Von Karman Ave, Suite 600, Irvine, CA 92612 Commitment No.: NCS-967245-SA1 Issuing Office File No.: NCS -967245-SA1 Property Address: 20321 Irvine Avenue #F3, Newport Beach, CA Escrow Officer/Assistant: Ryan Hahn/May Marquez Revision No.: Phone: (949)885-2472/(949)885-2474 Email: rhahn@firstam.com/maymarquez@firstam.com Title Officer/ Assistant: Edward Luque/Candyce Vega Phone: (949)885-2407/(949)885-2443 Email: eluque@firstam.com/CVega@firstam.com SCHEDULE A 1. Commitment Date: June 14, 2019 at 8:00 AM 2. Policy to be issued: (a) lg] ALTA® Standard Owner Policy Proposed Insured: To Be Determined Proposed Policy Amount: $ To Be Determined (b) lg] ALTA® Extended Loan Policy Proposed Insured: To Be Determined Proposed Policy Amount: $ To Be Determined (c) □ 2006 ALTA® Policy Proposed Insured: Proposed Policy Amount: $ 3. The estate or interest in the Land described or referred to in this Commitment is Fee as to Parcels 1 and 2, an easement as to Parcels 3 and 4. 4. The Title is, at the Commitment Date, vested in : THE JETTY NEWPORT BEACH, LLC, A DELAWARE LIMITED LIABILITY COMPANY 5. The Land is described as follows: See Exhibit "A" attached hereto and made a part hereof This page is only a part of a 2016 ALTA @ Commitment for Title Insurance issued by First American Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I-Requirements; Schedule B, Part JI-Exceptions. Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use . All other uses are prohibited. Reprinted under license from the American Land Title Association. Form 50003700 (8-23-18) Page 4 of 14 ALTA Commitment for Title Insurance (8-1-16) California PA2019-171 ¥ First American Schedule Bl & BIi Commitment No.: NCS-967245-SAl AL TA Commitment for Title Insurance ISSUED BY First American Title Insurance Company File No: NCS-967245-SAl SCHEDULE B, PART I Requirements All of the following Requirements must be met: A. The Proposed Insured must notify the Company in writing of the name of any party not referred to in this Commitment who will obtain an interest in the Land or who will make a loan on the Land. The Company may then make additional Requirements or Exceptions. B. Pay the agreed amount for the estate or interest to be insured. C. Pay the premiums, fees, and charges for the Policy to the Company. D. Documents satisfactory to the Company that convey the Title or create the Mortgage to be insured, or both, must be properly authorized, executed, delivered, and recorded in the Public Records. E. Releases(s) or Reconveyance(s) of Item(s): None F. Other: None G. You must give us the following information: a. Any off record leases, surveys, etc. b. Statement(s) of Identity, all parties. c. Other: None The following additional requirements, as indicated by "X", must be met: [X] H. Provide information regarding any off-record matters, which may include, but are not limited to: leases, recent works of improvement, or commitment statements in effect under the Environmental Responsibility Acceptance Act, Civil Code Section 850, et seq. The Company's Owner's Affidavit form (as provided by the company) must be completed and submitted prior to close in order to satisfy this requirement. This Commitment will then be subject to such further exceptions and/or requirements as may be deemed necessary. [] I. An ALTA/NSPS survey of recent date, which complies with the current minimum standard detail requirements for ALTA/NSPS land title surveys, must be submitted to the Company for review. This Commitment will then be subject to such further exceptions and/or requirements as may be deemed necessary. This page is only a part of a 2016 AL TA@ Commitment for Title Insurance issued by Arst American Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule 8, Part I-Requirements; Schedule B, Part fl-Exceptions. Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. Form 50003700 (8-23-18) Page 5 of 14 ALTA Commitment for Title Insurance (8-1-16) california PA2019-171 [X] J. The following LLC documentation is required from: (i) a copy of the Articles of Organization (ii) a copy of the Operating Agreement, if applicable (iii) a Certificate of Good Standing and/or other evidence of current Authority to Conduct Business within the State (iv) express Company Consent to the current transaction [] K. The following partnership documentation is required : (i) a copy of the partnership agreement, including all applicable amendments thereto (ii) a Certificate of Good Standing and/or other evidence of current Authority to Conduct Business within the State (iii) express Partnership Consent to the current transaction [] L. The following corporation documentation is required: (i) a copy of the Articles of Incorporation (ii) a copy of the Bylaws, including all applicable Amendments thereto (iii) a Certificate of Good Standing and/or other evidence of current Authority to Conduct Business within the State (iv) express Corporate Resolution consenting to the current transaction [X] M. Based upon the Company's review of that certain partnership/operating agreement dated Not disclosed for the proposed insured herein, the following requirements must be met: Any further amendments to said agreement must be submitted to the Company, together with an affidavit from one of the general partners or members stating that it is a true copy, that said partnership or limited liability company is in full force and effect, and that there have been no further amendments to the agreement. This Commitment will then be subject to such further requirements as may be deemed necessary. [] N. A copy of the complete lease, as referenced in Schedule A, #3 herein, together with any amendments and/or assignments thereto, must be submitted to the Company for review, along with an affidavit executed by the present lessee stating that it is a true copy, that the lease is in full force and effect, and that there have been no further amendments to the lease. This Commitment will then be subject to such further requirements as may be deemed necessary. [X] 0. Approval from the Company's Underwriting Department must be obtained for issuance of the policy contemplated herein and any endorsements requested thereunder. This Commitment will then be subject to such further requirements as may be required to obtain such approval. [] P. Potential additional requirements, if ALTA Extended coverage is contemplated hereunder, and work on the land has commenced prior to close, some or all of the following requirements, and any other requirements which may be deemed necessary, may need to be met: [] Q. The Company's "Indemnity Agreement I" must be executed by the appropriate parties. This page is only a part of a 2016 AL TA@ Commitment for Title Insurance issued by First American Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule 8, Part I-Requirements; Schedule 8, Part II-Exceptions. Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA 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. Form 50003700 (8-23-18) Page 6 of 14 ALTA Commitment for Title Insurance (8-1-16) California PA2019-171 [] R. Financial statements from the appropriate parties must be submitted to the Company for review. [] S. A copy of the construction contract must be submitted to the Company for review. [] T. An inspection of the Land must be performed by the Company for verification of the phase of construction. [] U. The Company's "Mechanic's Lien Risk Addendum" form must be completed by a Company employee, based upon information furnished by the appropriate parties involved. This page is only a part of a 2016 AL TA@ Commitment for Title Insurance issued by First American Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I-Requirements; Schedule B, Part II-Exceptions. Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. Form 50003700 (8-23-18) Page 7 of 14 ALTA Commitment for Title Insurance (8-1-16) California PA2019-171 'I: ";,;, ~ t " ..... " ( •.1,, ~ First American Schedule Bl & BIi (Cont.) Commitment No.: NCS-967245-SAl ALTA Commitment for Title Insurance ISSUED BY First American Title Insurance Company File No: NCS-967245-SAl SCHEDULE B, PART II Exceptions THIS COMMITMENT DOES NOT REPUBLISH ANY COVENANT, CONDITION, RESTRICTION, OR LIMITATION CONTAINED IN ANY DOCUMENT REFERRED TO IN THIS COMMITMENT TO THE EXTENT THAT THE SPECIFIC COVENANT, CONDITION, RESTRICTION, OR LIMITATION VIOLATES STATE OR FEDERAL LAW BASED ON RACE, COLOR, RELIGION, SEX, SEXUAL ORIENTATION, GENDER IDENTITY, HANDICAP, FAMILIAL STATUS, OR NATIONAL ORIGIN. The Policy will not insure against loss or damage resulting from the terms and provisions of any lease or easement identified in Schedule A, and will include the following Exceptions unless cleared to the satisfaction of the Company: 1. Any defect, lien, encumbrance, adverse claim, or other matter that appears for the first time in the Public Records or is created, attaches, or is disclosed between the Commitment Date and the date on which all of the Schedule B, Part I-Requirements are met. 2. (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. 3. 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. 4. Easements, liens or encumbrances, or claims thereof, not shown by the Public Records. 5. 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. 6. (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. 7. General and special taxes and assessments for the fiscal year 2019-2020, a lien not yet due or payable. 8. The lien of supplemental taxes, if any, assessed pursuant to Chapter 3.5 commencing with Section 75 of the California Revenue and Taxation Code. This page is only a part of a 2016 AL TA@ Commitment for Title Insurance issued by First American Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I-Requirements; Schedule B, Part JI-Exceptions. Copyright 2006-2016 American Land Title Association. All rights reserved, The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association, Form 50003700 (8-23-18) Page 8 of 14 ALTA Commitment for Title Insurance (8-1-16) California PA2019-171 9. The restrictions that none of said land shall be sold to be used for the purpose of oil refining or any other purpose which would constitute a nuisance or be effective or be offensive to the senses, health or safety of persons residing on any said land or adjoining lands, as provided in the Deed from the Irvine Company to Title Guarantee and Trust Company, recorded in Book 437, Page 231 of Deeds, in the office of the County of Recorder of said Orange County. Note: Said Covenants, Conditions and Restrictions have been modified by an Instrument recorded in Book 5296, Page 239 of Official Records. 10. An easement for water pipe lines, ditches and other conduits for the distribution of water and incidental purposes, recorded January 31, 1927 as Book 9, Page 416 of Official Records. In Favor of: Santa Ana Heights Water Company Affects: As described therein 11. Rights of way over and across said property for electric lights, power and telephone lines, which said lines shall follow as nearly as practicable the property lines, as reserved in the deed from Title Guarantee and Trust Company, a corporation, to Dennison Elmer Lieb, dated May 26, 1927 and recorded in Book 53, Page 315 of Official Records. Note: A Quitclaim Deed recorded January 25, 1982 as Instrument No. 82 -028649 of Official Records. Reference is hereby made to the record thereof for full particulars. Rights of way for the benefit of the Santa Ana Heights Water Company across and along said land for pipelines and ditches, which shall follows as nearly as practicable the property lines, as reserved in the above mentioned deed. 12. Covenants, conditions, restrictions and easements in the document recorded as Book 53, Page 315 of Official Records, which provide that a violation thereof shall not defeat or render invalid the lien of any first mortgage or deed of trust made in good faith and for value, but deleting any covenant, condition or restriction indicating a preference, limitation or discrimination based on race, color, religion, sex, handicap, familial status, national origin, sexual orientation, marital status, ancestry, source of income or disability, to the extent such covenants, conditions or restrictions violate Title 42, Section 3604( c), of the United States Codes or Section 12955 of the California Government Code. Lawful restrictions under state and federal law on the age of occupants in senior housing or housing for older persons shall not be construed as restrictions based on familial status. Note: A Quitclaim Deed recorded January 25, 1982 as Instrument No. 82 -028649 of Official Records. Reference is hereby made to the record thereof for full particulars. 13. An easement for pole lines and/or conduits and incidental purposes, recorded as Book 5886, Page 546 of Official Records. In Favor of: Affects: Southern California Edison Company as described therein 14. An easement for street and incidental purposes, recorded as Book 6904, Page 331 of Official Records. In Favor of: Affects: County of Orange as described therein 15. An easement for sewer lines and incidental purposes, recorded January 28, 1959 as Book 4566, Page 61 of Official Records. In Favor of: Affects: Costa Mesa Sanitary District of Orange County, California As described therein This page is only a part of a 2016 ALTA @ Commitment for Title Insurance issued by First American Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I -Requirements; Schedule B, Part JI-Exceptions. Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited . Reprinted under license from the American Land Title Association. Form 50003700 (8-23-18) Page 9 of 14 ALTA Commitment for Title Insurance (8-1 -16) California PA2019-171 16. An easement for street and incidental purposes, recorded July 27, 1967 as Book 8324, Page 14 of Official Records. 17. 18. In Favor of: Affects: County of Orange as described therein An easement for sanitation and incidental purposes, recorded November 17, 1972 as Book 1043 2, Page 653 of Official Records. In Favor of: Affects: Costa Mesa Sanitation District As described therein An easement and right-of-way to construct, maintain, operate, replace, remove, and renew sanitary sewers and storm drains and appurtenant structures in, on, over and across that portion of Orchard Drive vacated by Resolution of the Board of Supervisors of Orange County, California, dated March 22, 1988 and recorded April 4, 1988 as Instrument No. 88-153514 of Official Records of Orange County, and pursuant to any existing Franchise or renewals thereof, or Otherwise, to construct, maintain, operate, replace, remove, renew and enlarge lines of pipe, conduits, cables, wires, poles and other convenient structures, equipment and fixtures for the operation of gas pipelines, telegraphic and telephone lines and for transportation or distribution of electrical energy, petroleum, and its products, ammonia, water and incidental purposes, including access to protect the property from all hazards in, on and over said street or part thereof vacated. 19. An easement for street, highway and incidental purposes, recorded May 25, 1988 as Instrument No. 88 -245776 of Official Records . In Favor of: Affects: The County of Orange As described therein 20. An easement for underground electrical supply systems, communication systems and incidental purposes, recorded July 05, 1988 as Instrument No. 88 -320780 of Official Records. In Favor of: Southern California Edison Company, a corporation Affects: As described therein Document re-recorded December 14, 1988 as Instrument No. 88-648550 of Official Records. 21. The terms and provisions contained in the document entitled "Declaration and Notice Concerning Aircraft Environmental Impacts" recorded August 15, 1988 as Instrument No. 88 -401957 of Official Records. 22. An easement for aircraft operations, aircraft sound and noise, aircraft avigation and flight, hazard and air space, referred to hereinafter, one word for the entirety, as a perpetual, nonexclusive avigation easement and incidental purposes, recorded August 22, 1988 as Instrument No. 88 -41 5040 of Official Records. In Favor of: Affects: The County of Orange As described therein 23. The terms, provisions and easement(s) contained in the document entitled "Quitclaim Deed" recorded March 07, 1989 as Instrument No. 89 -118405 of Official Records. 24. The terms and provisions contained in the document entitled "Agreement" recorded April 05, 1989 as Instrument No. 89 -177098 of Official Records. This page is only a part of a 2016 ALTA @ Commitment for Title Insurance issued by Arst American Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule 81 Part I-Requirements; Schedule 8, Part JI-Exceptions. Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. Form 50003700 (8-23-18) Page 10 of 14 ALTA Commitment for Title Insurance (8-1-16) California PA2019-171 25. An easement for underground electrical supply systems, communication systems and incidental purposes, recorded August 08, 1989 as Instrument No. 89 -419615 of Official Records. In Favor of: Southern California Edison Company, a corporation Affects: As described therein 26. Covenants, conditions, restrictions and easements in the document recorded September 11, 1989 as Instrument No. 89 -484297 of Official Records, but deleting any covenant, condition or restriction indicating a preference, limitation or discrimination based on race, color, religion, sex, handicap, familial status, national origin, sexual orientation, marital status, ancestry, source of income or disability, to the extent such covenants, conditions or restrictions violate Title 42, Section 3604(c), of the United States Codes. Lawful restrictions under state and federal law on the age of occupants in senior housing or housing for older persons shall not be construed as restrictions based on familial status. 27. Covenants, conditions, restrictions and easements in the document recorded May 04, 1990 as Instrument No. 90-235869 of Official Records, but deleting any covenant, condition or restriction indicating a preference, limitation or discrimination based on race, color, religion, sex, handicap, familial status, national origin, sexual orientation, marital status, ancestry, source of income or disability, to the extent such covenants, conditions or restrictions violate Title 42, Section 3604(c), of the United States Codes. Lawful restrictions under state and federal law on the age of occupants in senior housing or housing for older persons shall not be construed as restrictions based on familial status. 28. Abutter's rights of ingress and egress to or from Irvine Avenue and Orchard Drive, have been dedicated or relinquished on the map of Parcel Map No. 89-128 on file in Book 269, Page 39, 40 and 41, of Parcel Maps. 29. A document entitled "Tract or Parcel Map Certificate of Correction Unincorporated Territory, County of Orange, State of California" recorded March 05, 1992 as Instrument No. 92 -133376 of Official Records. 30. Covenants, conditions, restrictions, easements, assessments, liens, charges, terms and provisions in the document recorded December 22, 2016 as Instrument No. 2016000651685 of Official Records, which provide that a violation thereof shall not defeat or render invalid the lien of any first mortgage or deed of trust made in good faith and for value, but deleting any covenant, condition or restriction indicating a preference, limitation or discrimination based on race, color, religion, sex, handicap, familial status, national origin, sexual orientation, marital status, ancestry, source of income or disability, to the extent such covenants, conditions or restrictions violate Title 42, Section 3604(c), of the United States Codes. Lawful restrictions under state and federal law on the age of occupants in senior housing or housing for older persons shall not be construed as restrictions based on familial status. Document(s) declaring modifications thereof recorded January 31, 2017 as Instrument No. 2017000041895 of Official Records. Document(s) declaring modifications thereof recorded August 11, 2017 as Instrument No. 2017000341024 of Official Records. 31. We find no outstanding voluntary liens of record affecting subject property. An inquiry should be made concerning the existence of any unrecorded lien or other indebtedness which could give rise to any security interest in the subject property. 32. Water rights, claims or title to water, whether or not shown by the public records. This page is only a part of a 2016 ALTA @ Commitment for Title Insurance issued by First American Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I-Requirements; Schedule B, Part JI-Exceptions. Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited . Reprinted under license from the American Land Title Association. Form 50003700 (8-23-18) Page 11 of 14 ALTA Commitment for Title Insurance (8-1 -16) California PA2019-171 33. Rights of parties in possession. This page is only a part of a 2016 AL TA@ Commitment for Title Insurance issued by First American Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I-Requirements; Schedule 81 Part II-Exceptions. Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA 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. Form 50003700 (8-23-18) Page 12 of 14 ALTA Commitment for Title Insurance (8-1-16) California PA2019-171 INFORMATIONAL NOTES ALERT -CA Senate Bill 2 imposes an additional fee of $75 up to $225 at the time of recording on certain transactions effective January 1, 2018. Please contact your First American Title representative for more information on how this may affect your closing. 1. Taxes for proration purposes only for the fiscal year 2018-2019. First Installment: Second Installment: Tax Rate Area: APN: $3,245.73, PAID $3,245.73, PAID 07-114 936-801-36 2. According to the latest available equalized assessment roll in the office of the county tax assessor, there is located on the land a(n) Commercial Condominium known as 20321 Irvine Avenue #F3, Newport Beach, CA . 3. 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: A document recorded February 28, 2018 as Instrument No. 2018000072467 of Official Records From : BSP Workscapes, LLC, a Delaware limited liability company To: Jetty Newport Beach, LLC, a Delaware limited liability company 4. This preliminary report/commitment was prepared based upon an application for a policy of title insurance that identified land by street address or assessor's parcel number only. It is the responsibility of the applicant to determine whether the land referred to herein is in fact the land that is to be described in the policy or policies to be issued. The map attached, if any, may or may not be a survey of the land depicted thereon. First American Title Insurance 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 this Commitment or the Policy, if any, to which the map is attached. This page is only a part of a 2016 AL TA @ Commitment for Title Insurance issued by First American Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I-Requirements; Schedule B, Part II-Exceptions. Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form (or any derivative thereof) is restricted to AL TA licensees and AL TA members in good standing as of the date of use . All oth er uses are prohibited . Reprinted under license from the American Land Title Association. Form 50003700 (8-23 -18) Page 13 of 14 ALTA Commitment for Title Insurance (8-1-16) California PA2019-171 ISSUED BY -¥ First American First American Title Insurance Company Exhibit A File No: NCS-967245-SAl File No.: NCS-967245-SAl The Land referred to herein below is situated in the City of Newport Beach, County of Orange, State of California, and is described as follows: A CONDOMINIUM COMPRISED OF: PARCEL 1: UNIT NO. F3, AS SHOWN AND DESCRIBED ON THE SECOND AMENDED AND RESTATED CONDOMINIUM PLAN -THE JETTY AT NEWPORT BEACH, RECORDED IN THE OFFICE OF THE COUNTY RECORDER OF ORANGE COUNTY, CALIFORNIA, ON JUNE 02, 2017 AS INSTRUMENT NO. 2017000226729 ("CONDOMINIUM PLAN"), WHICH IS LOCATED WITHIN PARCEL 1 OF PARCEL MAP NO. 89-128, AS SHOWN ON A MAP FILED IN BOOK 269, PAGES 39, 40 AND 41 OF PARCEL MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF ORANGE COUNTY, CALIFORNIA ("MAP"). ALL DEFINED TERMS USED HEREIN SHALL HAVE THE SAME MEANINGS SET FORTH IN THE DECLARATION REFERENCED BELOW AND IN THE CONDOMINIUM PLAN. PARCEL 2: AN UNDIVIDED FEE SIMPLE INTEREST AS A TENANT IN COMMON IN AND TO THE COMMON AREA WITHIN THE BUILDING ENVELOPE IN WHICH EACH SUCH UNIT IS LOCATED, EQUAL TO THE RECIPROCAL OF THE NUMBER OF UNITS WITHIN EACH SUCH BUILDING ENVELOPE, AS SHOWN ON THE CONDOMINIUM PLAN. PARCEL 3: AN EXCLUSIVE EASEMENT OVER THE PORTION OF THE COMMON AREA DESIGNATED IN THE CONDOMINIUM PLAN AS AN EXCLUSIVE USE AREA APPURTENANT TO EACH UNIT DESCRIBED ABOVE, AS APPLICABLE. PARCEL 4: NON-EXCLUSIVE, APPURTENANT EASEMENTS IN AND TO THE ASSOCIATION PROPERTY SHOWN ON THE CONDOMINIUM PLAN, FOR USE THEREOF PURSUANT TO THE TERMS OF THE DECLARATION, SUBJECT TO ANY RESERVATIONS AND EASEMENTS SET FORTH IN THE DECLARATION. For conveyancing purposes only: APN 936-801-36 This page is only a part of a 2016 ALTA @ Commitment for Title Insurance issued by First American Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I-Requirements; Schedule B, Part II-Exceptions. Copyright 2006-2016 American Land Title Association. All rights reserved. Th e use of this Form (or any derivative th ereof) is restricted to ALTA lic ens ees and ALTA members in good standing as of the date of use. All other us es are prohibited. Reprinted under license from the American Land Title Association . Form 50003700 (8-23-18) Page 14 of 14 ALTA Commitment for Title Insurance (8 -1-16) California PA2019-171 • TICOR TITLE™ 1500 Quail Street, 3rd Floor Newport Beach, CA 92660 Phone: (714) 289-3300 Issuing Policies of Chicago Title Insurance Company ORDER NO .: 00584974-988-DN1 Colliers International 3 Park Plaza , Suite 1200 • Irvine, CA 92614 ATTN : Joe Winkelmann.; Email: Joe . Winkelmann@colliers .coni Reference No .: 20331 lrvineAvenue Escrow/Customer Phone: (714) 289-3300 Title Officer: David Noble Title Officer Phone : (714) 289-3379 Title Officer Fax: (949) 809-0676 Title Officer Email :. David.Noble@ticortitle.com ., ' PROPERTY : 20331 Irvine Avenue, Units E6 and E7, Ndwport Beach, CA 92660 PRELIMINARY REPORT ~ • • J ~-~ In response to the application for a policy of title insurance referenc(1d herein, Ticor Title Company of California hereby reports that it is prepared to issue, 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 herein or not excluded from coverage pursuant to the printed Schedules, Conditions and Stipulations or Conditions 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 Attachment One. The policy to be issued may contain an arbitration clause . When the Amount of Insurance is less than that set forth in the 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. Limitations on Covered Risks applicable to the CLTA and AL TA Homeowners Policies of Title Insurance which establish a Deductible Amount and a Maximum Dollar Limit of Liability for certain coverages are also set forth in Attachment One . Copies of the policy forms should be read. They are available from the office which issued this report. 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 . The policy(s) of title insurance to be issued hereunder will be policy(s) of Chicago Title Insurance Company, a Florida Corporation. Please read the exceptions shown or referred to herein and the exceptions and exclusions set forth in Attachment One 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 al/ liens, defects and encumbrances affecting title to the land. Countersigned: ,..i;,.-~:i... B )' &_...J\\~~ By :----------- Authorized Signature Cl TA Preliminary Title Report IPrelm (OSI Rev . 8/15/16) Page 1 Randy Qui rk Prns.1dt)n l Order No .: 00584974-988-CIO-DN1 PA2019-171 • TICOR TITLE™ PRELIMINARY REPORT EFFECTIVE DATE: February 5, 2019 at 7:30 a.m. ORDER NO.: 00584974-988-DN1 The form of policy or policies of title insurance contemplated by this report is: CL TA Standard Coverage Policy 1500 Quail Street , 3rd Floor Newport Beach , CA 92660 Phone : (714) 289-3300 1. THE ESTATE OR INTEREST IN THE LAND HEREINAFTER DESCRIBED OR REFERRED TO COVERED BY THIS REPORT IS : A CONDOMINIUM, as defined in Sections 783 and 6542 of the California Civil Code, in fee Parcel(s) 1 and 2; an easement more fully described below, as to Parcel(s) 3 and 4. 2 . TITLE TO SAID ESTATE OR INTEREST AT THE DATE HEREOF IS V ESTED IN : THE JETTY AT NEWPORT BEACH LLC, a Delaware Limited Liability Company 3. THE LAND REFERRED TO IN THIS REPORT IS DESCRIBED AS FOLLOWS: See Exhibit A attached hereto and made a part hereof. CL TA Preliminary Title Report IPrelm (OSI Rev . 8/15/16) Page 2 O rder No.: 00584974-988-CIO-DN1 PA2019-171 PRELIMINARY REPORT YOUR REFERENCE : EXHIBIT "A" LEGAL DESCRIPTION Ti c or Title Company of California THE LAND REFERRED TO HEREIN BELOW IS SITUATED IN THE COUNTY OF ORANGE , STATE OF CALIFORNIA, AND IS DESCRIBED AS FOLLOWS: A CONDOMINIUM COMPRISED OF : PARCEL 1: UNIT NO(s). E6 AND 37 , AS SHOWN AND DESCRIBED ON THE AMENDED AND RESTATED CONDOMINIUM PLAN -THE JETTY AT NEWPORT BEACH, RECORDED IN THE OFFICE OF THE COUNTY RECORDER OF ORANGE COUNTY, CALIFORNIA , ON DECEMBER 22, 2016 AS INSTRUMENT NO . 2016000651684 OF OFFICIAL RECORDS ("CONDOMINIUM PLAN"), WHICH IS LOCATED WITHIN PARCEL 1 OF PARCEL MAP NO . 89 -128, AS SHOWN ON A MAP FILED IN BOOK 269, PAGES 39, 40 AND 41 OF PARCEL MAPS , IN THE OFFICE OF THE COUNTY RECORDER OF ORANGE COUNTY , CALIFORNIA ("MAP "). ALL DEFINED TERMS USED HEREIN SHALL HAVE THE SAME MEANINGS SET FORTH IN THE DECLARATION REFERENCED BELOW AND IN THE CONDOMINIUM PLAN. PARCEL 2 : FOR EACH UNIT DESCRIBED ABOVE, AS UNDIVIDED FEE SIMPLE INTEREST AS A TENANT IN COMMON IN AND TO THE COMMON AREA WITHIN THE BUILDING ENVELOPE IN WHICH EACH SUCH UNIT IS LOCATED, EQUAL TO THE RECIPROCAL OF THE NUMBER OF UNITS WITHIN EACH SUCH BUILDING ENVELOPE, AS SHOWN ON THE CONDOMINIUM PLAN . PARCEL 3: AN EXCLUSIVE EASEMENT OVER THE PORTION OF THE COMMON AREA DESIGNATED IN THE CONDOMINIUM PLAN AS AN EXCLUSIVE USE AREA APPURTENANT TO EACH UNIT DESCRIBED ABOVE , AS APPLICABLE . PARCEL 4 : NON-EXCLUSIVE, APPURTENANT EASEMENTS IN AND TO THE ASSOCIATION PROPERTY SHOWN ON THE CONDOMINIUM PLAN, FOR USE THEREOF PURSUANT TO THE TERMS OF THE DECLARATION , SUBJECT TO ANY RESERVATIONS AND EASEMENTS SET FORTH IN THE AMENDED AND RESTATED DECLARATION OF COVENANTS , CONDITIONS AND RESTRICTIONS OF THE JETTY AT NEWPORT BEACH RECORDED IN THE OFFICE OF THE COUNTY RECORDER OF ORANGE COUNTY, CALIFORNIA ON DEC EMB E R 22. 2016 AS INSTRUM ENT NO . 2016000651685 OF OFFICIAL RECORDS AND ANY AMENDMENTS THERETO. APN(s): 936 -80 -132 ; 936 -80 -133 CL TA Preliminary Title Report IPrelm (OSI Rev. 8/15/16) Page 3 Order No .: 00584974-988-CIO-DN1 PA2019-171 PRELIMINARY REPORT YOUR REFERENCE : EXCEPTIONS Ticor Titl e Company of California AT THE DATE HEREOF, ITEMS TO BE CONSIDERED AND EXCEPTIONS TO COVERAGE IN ADDITION TO THE PRINTED EXCEPTIONS AND EXCLUSIONS IN SAID POLICY FORM WOULD BE AS FOLLOWS: A. Property taxes, which are a lien not yet due and payable , including any assessments collected with taxes to be levied for the fiscal year 2019-2020 . 8. Property taxes , including any personal property taxes and any assessments collected with taxes , are as follows : Tax Identification No .: Fiscal Year : 1st Installment: 2nd Installment: Penalty and Cost: 936-80-132 2018-2019 $2,428 .39 , PAID $2,428 .39 , OPEN (Delinquent after April 10) $265 .83 Homeowners Exemption : $0 .00 Code Area : 07-114 Affects: Unit E6. C . Property taxes , including any personal property taxes and any assessments collected with taxes, are as follows : Tax Identification No .: Fiscal Year: 1st Installment: 2nd Installment: Penalty and Cost: 936-80-133 2018-2019 $3 ,436.38 , PAID $3,436 .38 , OPEN (Delinquent after April 10) $366.63 . Homeowners Exemption: $0.00 Code Area : 07-114 Affects : Unit E7 . D. The lien of supplemental or escaped assessments of property taxes , if any , made pursuant to the provisions of Chapter 3 .5 (commencing with Section 75) or Part 2, Chapter 3, Articles 3 and 4 , respectively, of the Revenue and Taxation Code of the State of California as a result of the transfer of title to the vestee named in Schedule A or as a result of changes in ownership or new construction occurring prior to Date of Policy . 1. Water rights , claims or title to water , whether or not disclosed by the public records . 2 . Covenants , conditions and restrictions but omitting any covenants or restrictions, if any, including but not limited to those based upon race , color, religion, sex , sexual orientation , familial status , marital status , disability , handicap, national origin , citizenship , immigration status , primary language , ancestry , source of income, gender, gender identity , gender expression, medical condition or genetic information , as set forth in applicable state or federal laws , except to the extent that said covenant or restriction is permitted by applicable law, as set forth in the document Recording Date : September 23 , 1922 Recording No: Book 437, Page 231 of Deeds Said covenants, conditions and restrictions provide that a violation thereof shall not defeat the lien of any mortgage or deed of trust made in good faith and for value . CL TA Preliminary Title Report IPrelm (OSI Rev . 8/15/16) Page 4 Order No .: 00584974-988-CIO-DN1 PA2019-171 PRELIMINA RY REPORT YO UR REFEREN C E: EXCEPTIONS (Continued) Ti cor Titl e Com pany of Ca lifo rni a Modification(s) of said covenants , conditions and restrictions Recording Date : June 21 , 1960 Recording No : Book 5296, Page 239 of Official Records 3 . Easement(s) for the purpose(s) shown below and rights incidental thereto , as granted in a document: Granted to : Purpose : Recording Date : Recording No: Affects : Santa Ana Heights Water Company , a Cal ifornia Corporation Water pipelines , ditches and other conduits January 31 , 1927 Book 9 , Page 416 of Officia l Records A portion of said land as more particularly described in said document. 4 . Easement(s) for the purpose(s) shown below and rights incidental thereto as reserved in a document ; Reserved by : Purpose : Recording Date : Recording No : Affects: Title Guarantee and Trust Company , a Corporation Streets , alleys , pipelines , electric power, light and telephone lines and electric railways for pipelines and ditches October 27 , 1927 Book 53, Page 315 of Official Records A portion of said land as more particularly described in said document. The effect of a Corporation Quitclaim Deed From : To : Record i ng Date : Recording No .: Title Insurance and Trust Company Robert James Carter and Erika Carter , husband and wife , as joint tenants January 25 , 1982 82-028649 of Official Records 5 . Covenants , conditions and restrictions but omitting any covenants or restrictions , if any , including , but not limited to those based upon race , color, religion , sex , sexual orientation , fam ilial status , marital status , disability , handicap , national origin , citizenship , immigration status , primary language , ancestry , source of income , gender, gender identity, gender expression , medical condition or genetic information , as set forth in applicable state or federal laws , except to the extent that said covenant or restriction is permitted by appl icable laws , as set forth in the document referred to in the numbered item last above shown . Said covenants , cond itions and restrictions prov ide that a violation thereof shall not defeat the lien of any mortgage or deed of trust made in good faith and for value. 6. Easement(s) fo r the purpose(s) shown below and rights incidental thereto , as g ranted in a document: Granted to : Purpose : Recording Date : Recording No : Affects: C L TA Pre liminary Titl e Report IPrelm (OS I Rev. 8/15/16) Costa Mesa Sanitary District of Orange County , California Sewer lines January 28 , 1959 Book 4566 , Page 61 of Official Records A portion of said land as more particularly described in said document. Page 5 O rd er No .: 00 58 4974-9 88-C IO -DN1 PA2019-171 PRELIMINARY REPORT YOUR REFERENCE: EXCEPTIONS (Continued) Ticor Title Company of California 7. Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document: Granted to: Purpose : Recording Date: Recording No : Affects : Southern California Edison Company , a Corporation Electric line October 19 , 1961 Book 5886, page 546 of Officia l Records A portion of said land as more particularly described in said document. 8 . Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document: Granted to: Purpose : Recording Date : Recording No : Affects : County of Orange Street and highway July 27 , 1967 Book 8324, Page 14 of Official Records A portion of said land as more particularly described in said document. 9. Easement(s) for the purpose(s) shown below and rights incidental thereto , as granted in a document: Granted to : Purpose : Recording Date: Recording No: Affects : Costa Mesa Sanitary District Sanitation November 17 , 1972 Book 10432, Page 653 of Official Records A portion of said land as more particularly described in said document. 10 . Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document: Granted to: Purpose : Recording Date: Recording No: Affects : County of Orange Sanitary sewer , storm drains, pipeline and public utilities April 4 , 1988 88 -153514 of Officia l Records A portion of said land as more particularly described in said document. 11. Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document: Granted to : Purpose : Recording Date : Recording No : Affects : and Re-Recording Date: and Re-Recording No: Southern California Edison Company , a Corporation Public utilities July 5, 1988 88-320780 of Official Records A portion of said land as more particularly described in said document. December 14 , 1988 88-648550 of Official Records 12 . Matters contained in that certain document Entitled: Dated : Executed by: Recording Date: Recording No : Declaration and Notice Concer5n in g Ai rcraft Environmental Impacts August 3, 1988 Burnett-Ehline Properties , a California general partnership August 15 , 1988 88-401957 of Offic ial Records Reference is hereby made to said document for full particulars . CL TA Preliminary Title Report IPrelm (OSI Rev. 8/15/16) Page 6 Order No .: 00584974-988-CIO-DN1 PA2019-171 PRELIMINARY REP ORT YOUR REFERENCE : EXCEPTIONS (Continued) Ti cor Title Company of California 13 . Easement(s) for the purpose(s) shown below and rights incidental thereto as provided in a document: Granted to : Purpose: Recording Date : Recording No : Affects : County of Orange Perpetual air or flight easement , also referred to as "avigation rights ." August 22, 1988 88-415040 of Official Records All the air space above said Land . Reference is hereby made to said document for full particulars . 14 . Covenants, conditions and restrictions but omitting any covenants or restrictions , if any, including but not limited to those based upon race, color, religion, sex , sexual orientation , familial status , marital status , disability , handicap , national origin, citizenship , immigration status, primary language , ancestry , source of income , gender, gender identity , gender expression , medical condition or genetic information, as set forth in applicable state or federal laws, except to the extent that said covenant or restriction is permitted by applicable law , as set forth in the document Recording Date: March 7, 1989 Recording No : 89-118405 of Official Records 15 . Matters contained in that certain document Entitled: Dated : Executed by : Recording Date: Recording No: Agreement Regarding Acceptance of Surface Waters from Orchard Drive March 23 , 1989 Burnett-Ehline Properties, a California general partnership April 5, 1989 89 -177098 of Official Records Reference is hereby made to said document for full particulars . 16. Easement(s) for the purpose(s) shown below and rights incidental thereto , as granted in a document: Granted to : Purpose : Recording Date : Recording No : Affects: Southern California Edison Company , a Corporation Public utilities August 8 , 1989 89-419615 of Official Records A portion of said land as more particularly described in said document. 17 . Covenants, conditions and restrictions but omitting any covenants or restrictions , if any , including but not limited to those based upon race , color , religion, sex , sexual orientation , familial status, marital status , disability , handicap , national origin , citizenship , immigration status , primary language , ancestry , source of income , gender , gender identity , gender expression , medical condition or genetic information , as set forth in applicable state or federal laws , except to the extent that said covenant or restriction is permitted by applicable law, as set forth in the document Recording Date : Recording No: September 11 , 1989 89 -484297 of Official Records 18 . Matters contained in that certain Santa Ana Heights Specific Plan , affecting this and other land , recorded May 4, 1990 as Instrument No . 90 -235869 of Official Records . Reference is hereby made to said document for full particulars . CL TA Preliminary Title Report IPrelm (DSI Rev . 8/15/16) Page 7 Order No .: 00584974-988-CIO-DN1 PA2019-171 PRELIMINARY REP ORT YOUR REFERENCE : EXCEPTIONS (Continued) Ti c or Titl e C ompany of Ca lifornia 19 . All vehicular access rights to Irvine Boulevard and Orchard Drive have been dedicated on the Parcel Map and Certificate of Correction recorded March 5, 1992 as Instrument No . 92 -133376 of Official Records , except at approved access points . 20 . The matters set forth in the document shown below which , among other things, contains or provides for : certain easements ; liens and the subordination thereof; provisions relating to partition ; restrictions on severability of component parts ; and covenants , conditions and restrictions but omitting any covenants or restrictions , if any , including , but not limited to those based upon race , color , religion, sex , sexual orientation , familial status, marital status , disability , hand icap , national origin , citizenship, immigration status, primary language , ancestry , source of income , gender , gender identity, gender expression, medical condition or genetic information, as set forth in applicable state or federal laws , except to the extent that said covenant or restriction is permitted by applicable law . Entitled : Recording Date : Recording No: Amended and Restated Declaration of Covenants , Conditions and Restrictions of the Jetty at Newport Beach December 22 , 2016 2016000651685 of Official Records Said covenants , conditions and restrictions provide that a violation thereof shall not defeat the lien of a first mortgage or first deed of trust made in good faith and for value . Said instrument also provides for the levy of assessments , the lien of which is stated to be subordinate to the lien of a first mortgage or first deed of trust made in good faith or for value . Modification(s) of said covenants , conditions and restrictions Recording Date: January 31, 2017 Recording No : 2017000041895 of Official Records Modification(s) of said covenants , conditions and restrictions Recording Date : August 11, 2017 Recording No : 2017000341024 of Official Records An Assignment of Declarant's Rights Under Said Declaration Recording Date: October 5, 2017 Recording No .: 2017000425073 of Official Records 21 . The effect of a Grant Deed From : BSP Workscapes LLC , a Delaware Limited Liability Company To: Dated : Recording Date: Recording No .: The Jetty Newport Beach , LLC , a Delaware Limited Liability Company December 27 , 2016 February 28 , 2018 2018000072467 of Official Records Note : Said Grant Deed contains the following recital : This document is being re-recorded to correct an inadvertent typographical error in the grantees vesting . The vested owner of record did not join in the execution of said deed . CL TA Preliminary Title Report IPrelm (DSI Rev . 8/15/16) Page 8 Ord er No .: 00584974-9 88-CIO -DN1 PA2019-171 PRELIMINARY REPORT YOUR REFERENCE: EXCEPTIONS (Continued) Ticor Title Company of California 22. Please be advised that our search did not disclose any open Deeds of Trust of record. If you should have knowledge of any outstanding obligation, please contact the Title Department immediately for further review prior to closing. PLEASE REFER TO THE "INFORMATIONAL NOTES" AND "REQUIREMENTS" SECTIONS WHICH FOLLOW FOR INFORMATION NECESSARY TO COMPLETE THIS TRANSACTION. CL TA Preliminary Title Report IPrelm (OSI Rev. 8/15/16) END OF EXCEPTIONS Page 9 Order No.: 00584974-988-CIO-DN1 PA2019-171 PRELIMINARY REPORT YOUR REFERENCE: REQUIREMENTS SECTION Ticor Title Company of California 1. Unrecorded matters which may be disclosed by an Owner's Affidavit or Declaration. A form of the Owner's Affidavit/Declaration is attached to this Preliminary Report/Commitment. This Affidavit/Declaration is to be completed by the record owner of the land and submitted for review prior to the closing of this transaction. Your prompt attention to this requirement will help avoid delays in the closing of this transaction. Thank you. The Company reserves the right to add additional items or make further requirements after review of the requested Affidavit/Declaration. 2. The Company will require the following documents for review prior to the issuance of any title insurance predicated upon a conveyance or encumbrance from the entity named below: Limited Liability Company: The Jetty Newport Beach, LLC a) A copy of its operating agreement, if any, and all amendments, supplements and/or modifications thereto, certified by the appropriate manager or member. b) If a domestic Limited Liability Company, a copy of its Articles of Organization and all amendments thereto with the appropriate filing stamps. c) If the Limited Liability Company is member-managed, a full and complete current list of members certified by the appropriate manager or member. d) A current dated certificate of good standing from the proper governmental authority of the state in which the entity is currently domiciled. e) If less than all members, or managers, as appropriate, will be executing the closing documents, furnish evidence of the authority of those signing. f) If Limited Liability Company is a Single Member Entity, a Statement of Information for the Single Member will be required. g) Each member and manager of the LLC without an Operating Agreement must execute in the presence of a notary public the Certificate of California LLC (Without an Operating Agreement) Status and Authority form. CL TA Preliminary Title Report IPrelm (DSI Rev. 8/15/16) Page 10 Order No.: 00584974-988-CIO-DN1 PA2019-171 PRELIMINARY REPORT YOUR REFERENCE: REQUIREMENTS (Continued) Ticor Title Company of California ORDER NO.: 00584974-988-DN1 3. The Company will require the following documents for review prior to the issuance of any title insurance predicated upon a conveyance or encumbrance from the entity named below: Limited Liability Company: The Jetty at Newport Beach, LLC a) A copy of its operating agreement, if any, and all amendments, supplements and/or modifications thereto, certified by the appropriate manager or member. b) If a domestic Limited Liability Company, a copy of its Articles of Organization and all amendments thereto with the appropriate filing stamps. c) If the Limited Liability Company is member-managed, a full and complete current list of members certified by the appropriate manager or member. d) A current dated certificate of good standing from the proper governmental authority of the state in which the entity is currently domiciled. e) If less than all members, or managers, as appropriate, will be executing the closing documents, furnish evidence of the authority of those signing. f) If Limited Liability Company is a Single Member Entity, a Statement of Information for the Single Member will be required. g) Each member and manager of the LLC without an Operating Agreement must execute in the presence of a notary public the Certificate of California LLC (Without an Operating Agreement) Status and Authority form. 4. The Company requires a Statement of Information from the parties named below in order to complete this report, based on the effect of documents, proceedings, liens, decrees, or other matters which do not specifically describe said Land, but which, if any do exist, may affect the title or impose liens or encumbrances thereon. After review of the requested Statement(s) of Information, the Company may have additional requirements before the issuance of any policy of title insurance. No names were furnished with the application. Please have the buyers furnish the Statement of Information as soon as possible. The Company reserves the right to add additional items or make further requirements after review of the requested documentation. NOTE: The Statement of Information is necessary to complete the search and examination of title under this order. Any title search includes matters that are indexed by name only, and having a completed Statement of Information assists the Company in the elimination of certain matters which appear to involve the parties but in fact affect another party with the same or similar name. Be assured that the Statement of Information is essential and will be kept strictly confidential to this file. CLTA Preliminary Title Report IPrelm (OSI Rev. 8/15/16) END OF REQUIREMENTS Page 11 Order No.: 00584974-988-CIO-DN1 PA2019-171 PRELIMINARY REPORT YOUR REFERENCE: INFORMATIONAL NOTES SECTION Ticor Title Company of California 1. None of the items shown in this report will cause the Company to decline to attach AL TA Endorsement Form 9 to an Extended Coverage Loan Policy, when issued. 2. Note: The Company is not aware of any matters which would cause it to decline to attach CL TA Endorsement Form 116.2 indicating that the Land includes a condominium designated as Units E6 and E7 and known as 20331 Irvine Avenue, Units E6 and E7, Newport Beach, CA 92660 to an Extended Coverage Loan Policy. 3. Note: The policy of title insurance will include an arbitration provision. The Company or the insured may demand arbitration. Arbitrable matters may include, but are not limited to, any controversy or claim between the Company and the insured arising out of or relating to this policy, any service of the Company in connection with its issuance or the breach of a policy provision or other obligation. Please ask your escrow or title officer for a sample copy of the policy to be issued if you wish to review the arbitration provisions and any other provisions pertaining to your Title Insurance coverage. 4. Notice: Please be aware that due to the conflict between federal and state laws concerning the cultivation, distribution, manufacture or sale of marijuana, the Company is not able to close or insure any transaction involving Land that is associated with these activities. 5. Pursuant to Government Code Section 27388.1, as amended and effective as of 1-1-2018, a Documentary Transfer Tax (DTT) Affidavit may be required to be completed and submitted with each document when DTT is being paid or when an exemption is being claimed from paying the tax. If a governmental agency is a party to the document, the form will not be required. DTT Affidavits may be available at a Tax Assessor-County Clerk-Recorder. 6. Due to the special requirements of SB 50 (California Public Resources Code Section 8560 et seq.), any transaction that includes the conveyance of title by an agency of the United States must be approved in advance by the Company's State Counsel, Regional Counsel, or one of their designees. 7. Note: There are NO conveyances affecting said Land recorded within 24 months of the date of this report. David Noble/jh5 CL TA Preliminary Title Report IPrelm (OSI Rev. 8/15/16) END OF INFORMATIONAL NOTES Page 12 Order No.: 00584974-988-CIO-DN1 PA2019-171 IRE SAFE ... J 1n quir ebefo re youwire! Wire Fraud Alert This Notice is not intended to provide legal or professional advice . If you have any questions , please consult with a lawyer. All parties to a real estate transaction are targets for wire fraud and many have lost hundreds of thousands of dollars because they simply relied on the wire instructions rece ived via email , without further verification . If funds are to be wired in conjunction with this real estate transaction, we strongly recommend verbal verification of wire instructions through a known, trusted phone number prior to sending funds. In addition , the following non-exclusive self-protection strategies are recommended to minimize exposure to possible wire fraud . • NEVER RELY on emails purporting to change wire instructions . Parties to a transaction rarely change wire instructions in the course of a transaction . • ALWAYS VERIFY wire instructions , specifically the ASA routing number and account number, by calling the party who sent the instructions to you . DO NOT use the phone number provided in the email containing the instructions , use phone numbers you have called before or can otherwise verify . Obtain the phone number of relevant parties to the transaction as soon as an escrow account is opened . DO NOT send an email to verify as the email address may be incorrect or the email may be intercepted by the fraudster . • USE COMPLEX EMAIL PASSWORDS that employ a combination of mixed case , numbers , and symbols . Make your passwords greater than eight (8) characters . Also , change your password often and do NOT reuse the same password for other online accounts . • USE MULTI-FACTOR AUTHENTICATION for email accounts . Your email provider or IT staff may have specific instructions on how to implement this feature . For more information on wire-fraud scams or to report an incident, please refer to the following links : Federal Bureau of Investigation: Internet Crime Complaint Center: http://www.fbi.gov http://www.ic3.gov Wire Fraud Al e rt Original Effectiv e Date : 5/11 /2 017 Current Ve rs io n Date : 5/11 /2 017 TM and © Fidelity National Fin ancial, In c. and/or an affiliate . All rights re served Page 1 W IRE001 6 (DSI Re v . 12/07 /17 ) PA2019-171 FIDELITY NATIONAL FINANCIAL, INC. PRIVACY NOTICE Fidelity National Financial, Inc. and its majority-owned subsidiary companies (collectively, "FNF," "our," or "we") respect and are committed to protecting your privacy. This Privacy Notice explains how we collect, use, and protect personal information, when and to whom we disclose such information, and the choices you have about the use and disclosure of that information. Types of Information Collected We may collect two types of information from you: Personal Information and Browsing Information. Personal Information. FNF may collect the following categories of Personal Information: • contact information (e.g., name, address, phone number, email address); • demographic information (e.g., date of birth, gender, marital status); • identity information (e.g., Social Security Number, driver's license, passport, or other government ID number); • financial account information (e.g., loan or bank account information); and • other personal information necessary to provide products or services to you. Browsing Information. FNF may automatically collect the following types of Browsing Information when you access an FNF website, online service, or application (each an "FNF Website") from your Internet browser, computer, and/or mobile device: • Internet Protocol (IP) address and operating system; • browser version, language, and type; • domain name system requests; and • browsing history on the FNF Website, such as date and time of your visit to the FNF Website and visits to the pages within the FNF Website How Personal Information is Collected We may collect Personal Information about you from: • information we receive from you on applications or other forms; • information about your transactions with FNF, our affiliates, or others; and • information we receive from consumer reporting agencies and/or governmental entities, either directly from these entities or through others. How Browsing Information is Collected If you visit or use an FNF Website, Browsing Information may be collected during your visit. Like most websites, our servers automatically log each visitor to the FNF Website and may collect the Browsing Information described above. We use Browsing Information for system administration, troubleshooting, fraud investigation, and to improve our websites. Browsing Information generally does not reveal anything personal about you, though if you have created a user account for an FNF Website and are logged into that account, the FNF Website may be able to link certain browsing activity to your user account. Other Online Specifics Cookies. When you visit an FNF Website, a "cookie" may be sent to your computer. A cookie is a small piece of data that is sent to your Internet browser from a web server and stored on your computer's hard drive. Information gathered using cookies helps us improve your user experience. For example, a cookie can help the website load properly or can customize the display page based on your browser type and user preferences. You can choose whether or not to accept cookies by changing your Internet browser settings. Be aware that doing so may impair or limit some functionality of the FNF Website. Web Beacons. We use web beacons to determine when and how many times a page has been viewed. This information is used to improve our websites. Do Not Track. Currently our FNF Websites do not respond to "Do Not Track" features enabled through your browser. Links to Other Sites. FNF Websites may contain links to other websites. FNF is not responsible for the privacy practices or the content of any of those other websites. We advise you to read the privacy policy of every website you visit. Use of Personal Information FNF uses Personal Information for three main purposes: • To provide products and services to you or in connection with a transaction involving you. • To improve our products and services. • To communicate with you about our, our affiliates', and third parties' products and services, jointly or independently. When Information Is Disclosed We may make disclosures of your Personal Information and Browsing Information in the following circumstances: • to enable us to detect or prevent criminal activity, fraud, material misrepresentation, or nondisclosure; • to nonaffiliated service providers who provide or perform services or functions on our behalf and who agree to use the information only to provide such services or functions; • to nonaffiliated third party service providers with whom we perform joint marketing, pursuant to an agreement with them to jointly market financial products or services to you; • to law enforcement or authorities in connection with an investigation, or in response to a subpoena or court order; or FNF Privacy Statement (Eff. 5/1/2015) Last Updated May 1, 2018 MISC0219 (DSI Rev. 4/23/18) Copyright© 2018. Fidelity National Financial, Inc. All Rights Reserved Page 1 Order No. 00584974-988-CIO-DN1 PA2019-171 • in the good-faith belief that such disclosure is necessary to comply with legal process or applicable laws, or to protect the rights, property, or safety of FNF, its customers, or the public. The law does not require your prior authorization and does not allow you to restrict the disclosures described above. Additionally, we may disclose your information to third parties for whom you have given us authorization or consent to make such disclosure. We do not otherwise share your Personal Information or Browsing Information with nonaffiliated third parties, except as required or permitted by law. We reserve the right to transfer your Personal Information, Browsing Information, and any other information, in connection with the sale or other disposition of all or part of the FNF business and/or assets, or in the event of bankruptcy, reorganization, insolvency, receivership, or an assignment for the benefit of creditors. By submitting Personal Information and/or Browsing Information to FNF, you expressly agree and consent to the use and/or transfer of the foregoing information in connection with any of the above described proceedings. Please see "Choices With Your Information" to learn the disclosures you can restrict. Security of Your Information We maintain physical, electronic, and procedural safeguards to guard your Personal Information. We limit access to nonpublic personal information about you to employees who need to know that information to do their job. When we provide Personal Information to others as discussed in this Privacy Notice, we expect that they process such information in compliance with our Privacy Notice and in compliance with applicable privacy laws. Choices With Your Information If you do not want FNF to share your information with our affiliates to directly market to you, you may send an "opt out" request by email, phone, or physical mail as directed at the end of this Privacy Notice. We do not share your Personal Information with nonaffiliates for their use to direct market to you. Whether you submit Personal Information or Browsing Information to FNF is entirely up to you. If you decide not to submit Personal Information or Browsing Information, FNF may not be able to provide certain services or products to you. For California Residents: We will not share your Personal Information and Browsing Information with nonaffiliated third parties, except as permitted by California law. For Nevada Residents: You may be placed on our internal Do Not Call List by calling (888) 934-3354 or by contacting us via the information set forth at the end of this Privacy Notice. Nevada law requires that we also provide you with the following contact information: Bureau of Consumer Protection, Office of the Nevada Attorney General, 555 E. Washington St., Suite 3900, Las Vegas, NV 89101; Phone number: (702) 486-3132; email: BCPINFO@ag.state.nv.us. For Oregon Residents: We will not share your Personal Information and Browsing Information with nonaffiliated third parties for marketing purposes, except after you have been informed by us of such sharing and had an opportunity to indicate that you do not want a disclosure made for marketing purposes. For Vermont Residents: We will not share information about your creditworthiness to our affiliates and will not disclose your personal information, financial information, credit report, or health information to nonaffiliated third parties to market to you, other than as permitted by Vermont law, unless you authorize us to make those disclosures. Information From Children The FNF Websites are meant for adults and are not intended or designed to attract persons under the age of eighteen (18).We do not collect Personal Information from any person that we know to be under the age of thirteen (13) without permission from a parent or guardian. International Users FNF's headquarters is located within the United States. If you reside outside the United States and choose to provide Personal Information or Browsing Information to us, please note that we may transfer that information outside of your country of residence for any of the purposes described in this Privacy Notice. By providing FNF with your Personal Information and/or Browsing Information, you consent to our collection, transfer, and use of such information in accordance with this Privacy Notice. FNF Website Services for Mortgage Loans Certain FNF companies provide services to mortgage loan servicers, including hosting websites that collect customer information on behalf of mortgage loan servicers (the "Service Websites"). The Service Websites may contain links to both this Privacy Notice and the mortgage loan servicer or lender's privacy notice. The sections of this Privacy Notice titled When Information is Disclosed, Choices with Your Information, and Accessing and Correcting Information do not apply to the Service Websites. The mortgage loan servicer or lender's privacy notice governs use, disclosure, and access to your Personal Information. FNF does not share Personal Information collected through the Service Websites, except (1) as required or authorized by contract with the mortgage loan servicer or lender, or (2) as required by law or in the good-faith belief that such disclosure is necessary to comply with a legal process or applicable law, to enforce this Privacy Notice, or to protect the rights, property, or safety of FNF or the public. FNF Privacy Statement (Eff. 5/1/2015) Last Updated May 1, 2018 MISC0219 (OSI Rev. 4/23/18) Copyright© 2018. Fidelity National Financial, Inc. All Rights Reserved Page 2 Order No. 00584974-988-CIO-DN1 PA2019-171 Your Consent To This Privacy Notice; Notice Changes By submitting Personal Information and/or Browsing Information to FNF, you consent to the collection and use of the information in accordance with this Privacy Notice. We may change this Privacy Notice at any time. The revised Privacy Notice, showing the new revision date, will be posted on the FNF Website. Each time you provide information to us following any amendment of this Privacy Notice, your provision of information to us will signify your assent to and acceptance of the terms of the revised Privacy Notice for all previously collected information and information collected from you in the future. We may use comments, information or feedback that you submit to us in any manner that we may choose without notice or compensation to you. Accessing and Correcting Information; Contact Us If you have questions, would like to access or correct your Personal Information, or want to opt-out of information sharing for affiliate marketing, send your requests via email to privacy@fnf.com, by phone to (888) 934-3354, or by mail to: Fidelity National Financial, Inc. 601 Riverside Avenue Jacksonville, Florida 32204 Attn: Chief Privacy Officer FNF Privacy Statement (Eff. 5/1/2015) Last Updated May 1, 2018 MISC0219 (OSI Rev. 4/23/18) Copyright© 2018. Fidelity National Financial, Inc. All Rights Reserved Page 3 Order No. 00584974-988-CIO-DN1 PA2019-171 Notice of Available Discounts Pursuant to Section 2355.3 in Title 10 of the California Code of Regulations Fidelity National Financial, Inc. and its subsidiaries ("FNF") must deliver a notice of each discount available under our current rate filing along with the delivery of escrow instructions, a preliminary report or commitment. Please be aware that the provision of this notice does not constitute a waiver of the consumer's right to be charged the field rate. As such, your transaction may not qualify for the below discounts. You are encouraged to discuss the applicability of one or more of the below discounts with a Company representative. These discounts are generally described below; consult the rate manual for a full description of the terms, conditions and requirements for each discount. These discounts only apply to transaction involving services rendered by the FNF Family of Companies. This notice only applies to transactions involving property improved with a one-to-four family residential dwelling. FNF Underwritten Title Company TTCC -Ticer Title Company of California Available Discounts FNF Underwriter CTIC -Chicago Title Insurance Company CREDIT FOR PRELIMINARY REPORTS AND/OR COMMITMENTS ON SUBSEQUENT POLICIES (CTIC) Where no major change in the title has occurred since the issuance of the original report or commitment, the order may be reopened within 12 months and all or a portion of the charge previously paid for the report or commitment may be credited on a subsequent policy charge within the following time period from the date of the report. DISASTER LOANS (CTIC) The charge for a lender's Policy (Standard or Extended coverage) covering the financing or refinancing by an owner of record, within 24 months of the date of a declaration of a disaster area by the government of the United States or the State of California on any land located in said area, which was partially or totally destroyed in the disaster, will be 50% of the appropriate title insurance rate. CHURCHES OR CHARITABLE NON-PROFIT ORGANIZATIONS (CTIC) On properties used as a church or for charitable purposes within the scope of the normal activities of such entities, provided said charge is normally the church's obligation the charge for an owner's policy shall be 50% to 70% of the appropriate title insurance rate, depending on the type of coverage selected. The charge for a lender's policy shall be 40% to 50% of the appropriate title insurance rate, depending on the type of coverage selected. EMPLOYEE RA TE (TTCC and CTIC) No charge shall be made to employees (including employees on approved retirement) of the Company or its underwritten, subsidiary title companies for policies or escrow services in connection with financing, refinancing, sale or purchase of the employees' bona fide home property. Waiver of such charges is authorized only in connection with those costs which the employee would be obligated to pay, by established custom, as a party to the transaction. CA Discount Notice Effective Date: 12/01/2014 PA2019-171 ATTACHMENT ONE CALIFORNIA LAND TITLE ASSOCIATION STANDARD COVERAGE POLICY -1990 EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of this policy and the Company will not pay loss or damage, costs, attorneys' fees or expenses which arise by reason of: 1. (a) Any law, ordinance or governmental regulation (including but not limited to building or zoning laws, ordinances, or regulations) restricting, regulating, prohibiting or relating (i) the occupancy, use, or enjoyment of the land; (ii) the character, dimensions or location of any improvement now or hereafter erected on the land; (iii) a separation in ownership or a change in the dimensions or area of the land or any parcel of which the land is or was a part; or (iv) environmental protection, or the effect of any violation of these laws, ordinances or governmental regulations, except to the extent that a notice of the enforcement thereof or a notice of a defect, lien, or encumbrance resulting from a violation or alleged violation affecting the land has been recorded in the public records at Date of Policy. (b) Any governmental police power not excluded by (a) above, except to the extent that a notice of the exercise thereof or notice of a defect, lien or encumbrance resulting from a violation or alleged violation affecting the land has been recorded in the public records at Date of Policy. 2. Rights of eminent domain unless notice of the exercise thereof has been recorded in the public records at Date of Policy, but not excluding from coverage any taking which has occurred prior to Date of Policy which would be binding on the rights of a purchaser for value without knowledge. 3. Defects, liens, encumbrances, adverse claims or other matters: (a) whether or not recorded in the public records at Date of Policy, but created, suffered, assumed or agreed to by the insured claimant; (b) not known to the Company, not recorded in the public records at Date of Policy, but known to the insured claimant and not disclosed in writing to the Company by the insured claimant prior to the date the insured claimant became an insured under this policy; (c) resulting in no loss or damage to the insured claimant; (d) attaching or created subsequent to Date of Policy; or (e) resulting in loss or damage which would not have been sustained if the insured claimant had paid value for the insured mortgage or for the estate or interest insured by this policy. 4. Unenforceability of the lien of the insured mortgage because of the inability or failure of the insured at Date of Policy, or the inability or failure of any subsequent owner of the indebtedness, to comply with the applicable doing business laws of the state in which the land is situated. 5. Invalidity or unenforceability of the lien of the insured mortgage, or claim thereof, which 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. 6. Any claim, which arises out of the transaction vesting in the insured the estate of interest insured by this policy or the transaction creating the interest of the insured lender, by reason of the operation of federal bankruptcy, state insolvency or similar creditors' rights laws. EXCEPTIONS FROM COVERAGE -SCHEDULE B, PART I This policy does not insure against loss or damage (and the Company will not pay costs, attorneys' fees or expenses) which arise by reason of: 1. Taxes or assessments which 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. Proceedings by a public agency which 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. 2. Any facts, rights, interests, or claims which are not shown by the public records but which could be ascertained by an inspection of the land or which may be asserted by persons in possession thereof. 3. Easements, liens or encumbrances, or claims thereof, not shown by the public records. 4. Discrepancies, conflicts in boundary lines, shortage in area, encroachments, or any other facts which a correct survey would disclose, and which are not shown by the public records. 5. (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. 6. Any lien or right to a lien for services, labor or material not shown by the public records. CLTA HOMEOWNER'$ POLICY OF TITLE INSURANCE (12-02-13) ALTA HOMEOWNER'$ POLICY OF TITLE INSURANCE 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: Attachment One (6-5-14) CA & NV PA2019-171 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. 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 The deductible amounts and maximum dollar limits shown on Schedule A are as follows: Covered Risk 16: Covered Risk 18: Covered Risk 19: Covered Risk 21: Your Deductible Amount 1.00% % of Policy Amount Shown in Schedule A or $2,500.00 (whichever is less) 1.00% % of Policy Amount Shown in Schedule A or $5,000.00 (whichever is less) 1.00% of Policy Amount Shown in Schedule A or $5,000.00 (whichever is less) 1.00% of Policy Amount Shown in Schedule A or $2,500.00 (whichever is less) 2006 ALTA LOAN POLICY (06-17-06) EXCLUSIONS FROM COVERAGE Our Maximum Dollar Limit of Liability $10,000.00 $25,000.00 $25,000.00 $5,000.00 The following matters are expressly excluded from the coverage of this policy, and the Company will not pay loss or damage, costs, attorneys' fees, or expenses that arise by reason of: 1. (a) Any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) restricting, regulating, prohibiting, or relating to (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. 2. Rights of eminent domain. This Exclusion does not modify or limit the coverage provided under Covered Risk 7 or 8. Attachment One (6-5-14) CA & NV PA2019-171 3. Defects, liens, encumbrances, adverse claims, or other matters (a) created, suffered, assumed, or agreed to by the Insured Claimant; (b) not Known to the Company, not recorded in the Public Records at Date of Policy, but Known to the Insured Claimant and not disclosed in writing to the Company by the Insured Claimant prior to the date the Insured Claimant became an Insured under this policy; (c) resulting in no loss or damage to the Insured Claimant; (d) attaching or created subsequent to Date of Policy (however, this does not modify or limit the coverage provided under Covered Risk 11, 13 or 14); or (e) resulting in loss or damage that would not have been sustained if the Insured Claimant had paid value for the Insured Mortgage. 4. 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. 5. 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. 6. 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. 7. 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). 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 (Except as provided in Schedule B -Part II,( t(or T)his policy does not insure against loss or damage, and the Company will not pay costs, attorneys' fees or expenses, that arise by reason of: (PART I (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: 1. (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. 2. 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. 3. Easements, liens or encumbrances, or claims thereof, not shown by the Public Records. 4. 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. 5. (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. 6. Any lien or right to a lien for services, labor or material not shown by the Public Records. PARTII In addition to the matters set forth in Part I of this Schedule, the Title is subject to the following matters, and the Company insures against loss or damage sustained in the event that they are not subordinate to the lien of the Insured Mortgage:) 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, costs, attorneys' fees, or expenses that arise by reason of: 1. (a) Any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) restricting, regulating, prohibiting, or relating to (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. 2. Rights of eminent domain. This Exclusion does not modify or limit the coverage provided under Covered Risk 7 or 8. Attachment One (6-5-14) CA & NV PA2019-171 3. Defects, liens, encumbrances, adverse claims, or other matters (a) created, suffered, assumed, or agreed to by the Insured Claimant; (b) not Known to the Company, not recorded in the Public Records at Date of Policy, but Known to the Insured Claimant and not disclosed in writing to the Company by the Insured Claimant prior to the date the Insured Claimant became an Insured under this policy; (c) resulting in no loss or damage to the Insured Claimant; (d) attaching or created subsequent to Date of Policy (however, this does not modify or limit the coverage provided under Covered Risk 9 and 10); or (e) resulting in loss or damage that would not have been sustained if the Insured Claimant had paid value for the Title. 4. 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. 5. 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 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: (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: 1. (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. 2. Any facts, rights, interests, or claims that are not shown in 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. 3. Easements, liens or encumbrances, or claims thereof, not shown by the Public Records. 4. 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 that are not shown by the Public Records. 5. (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. 6. Any lien or right to a lien for services, labor or material not shown by the Public Records. 7. (Variable exceptions such as taxes, easements, CC&R's, etc. shown here.) ALTA EXPANDED COVERAGE RESIDENTIAL LOAN POLICY (04-02-15) EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of this policy and the Company will not pay loss or damage, costs, attorneys' fees or expenses which arise by reason of: 1. (a) Any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) restricting, regulating, prohibiting, or relating to (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. 2. Rights of eminent domain. This Exclusion does not modify or limit the coverage provided under Covered Risk 7 or 8. 3. Defects, liens, encumbrances, adverse claims, or other matters (a) created, suffered, assumed, or agreed to by the Insured Claimant; (b) not Known to the Company, not recorded in the Public Records at Date of Policy, but Known to the Insured Claimant and not disclosed in writing to the Company by the Insured Claimant prior to the date the Insured Claimant became an Insured under this policy; (c) resulting in no loss or damage to the Insured Claimant; Attachment One (6-5-14) CA & NV PA2019-171 (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 or28); or (e) resulting in loss or damage that would not have been sustained if the Insured Claimant had paid value for the Insured Mortgage. 4. 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. 5. 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. 6. 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. 7. 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. 8. 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. 9. 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 27(b) of this policy. 10. Contamination, explosion, fire, flooding, vibration, fracturing, earthquake, or subsidence. 11. Negligence by a person or an Entity exercising a right to extract or develop minerals, water, or any other substances. Attachment One (6-5-14) CA & NV PA2019-171 --, _) RJV[RSIC£ [jf?/V[ THIS WP wis PR[FARfD FOil OIW'iC[ coo11rr ASSESSOR DiPT. PIJRPtJS£S OHL r. TH[ ASSESSOE? IIA~S NO CUAFlLYTff. AS TO ITS ACCURACY NOR ASSU/,1£S ~NY LIABILITY FOR OTIIER uses. NOT T(] 8£ R[PROOIJ'".,LO. ALL RIC/ITS Rf5lRV£D. ll) CDPYP.IGIIT OllANC[ CIXJNT'f ASS[SS{}// 1011 TRACT 24 RIV£/rSIOE TRACT ® ® © © 0} ®· -Uff,18 POP, LOT IT • -: _______________________________________________ ,._a~~·....--.~=~.,"·-,-~mi.,,..~u~·~11!,-;;.,--~~"-,,,~N7V4~"-'-!~~:.~~~~~-;;,-;;/~•®~:~-~•.__'_,@~~!~,·-~ ! ---, u.z•· u.u ..,. 0 6-Zl AC. P(Jil. LOI 20 L ;:, IRVINE --.... Thia map/plat le being fumlshod • an aid In locating the herein dncrtbed Land In relation to adjoining struta, natund boun-and olhor land, and lo not a our,ey al tho land doplctlld. Ex<:opt to tho tXblnt a policy ol lltle lnaurance le txpraMly modlfled by endo1Hment, II any, tho Company d-not Insure dlmonolono, dletancoo, location al euements. acreage or other mattera shown thereon. MARCH 1979 TRACT NO. 456 TRACT NO. 2581 PARCEL MAP M.M. 17 -9 M.M. 77 -15 @ P.M. 269-39 to 41 incl. ·@ @) ,, .. P.M. @ ~-· • T @ ® • KUN£ @ @ @• T . LOT 19 @ • T @~ L T L T ~-n· PROJECT ,J6-8D-10l-1J& DRJYE --• "' I"') I "' 439-25 NOTE -ASSESSOfl'S BLOCK & PARCEL NUMBERS SHOWN IN CIRCLES ASSESSOR'S MAP BOOK 439 PAGE 25 COUNTY OF ORANGE CJ PA2019-171 THE JETTY AT NEWPORT BEACH CONDOMINIUM PLAN PARCEL 1 OF PARCEL MAP No. 89-128, P.M.B. 269/39-41 Order: 56497 4 Page 8 of 55 Doc: OR:2017 00226729 This map/plat is being furnished as an aid in locatlng the hen,ln described Land In relation lo adjoining atreeta, natural boundarfea and other 1and1 and ia note survey of the land depicted. Except to the extent a policy of !Ille Insurance Is expressly modified by ondoraement, tf any, the Company does not insure dimensions, distances, location of easements, acreage or other mattens shown thereon Requested By: jeff.lamm, Printed: 2/1412019 7:31 AM PA2019-171