Form No. 1402.06 <br />ALTA Owner's Policy (6-17-06) <br />SCHEDULE B <br />File No.: 7191-1429570 <br />Policy No.: 1429570 <br />1XCEPTIONS FROM COVERAGE <br />PH-72 Rec'd 8/9/12 <br />Policy Page 6 <br />Policy Number; 1429570 <br />This Policy does not insure against loss, or damage, and the Company will not pay costs, attorneys' fees, <br />or expenses that arise by reason of: <br />Taxes or -assessments which are not shown as existing, liens by the records of any taxing <br />authority that levies taxes or assessments on real property or by the public records; proceedings <br />by a public agency which may result in taxes or assessments, or notices of such <br />proceedings, whether.or not shown by the records of such agency or by the public records. <br />2. Facts, rights, interests or claims which are not shown by the public records but which could be <br />ascertained by an inspection of the land or by making inquiry of persons in possession thereof. <br />3. Easements, or claims or easement, not shown by the public records; reservations or exceptions <br />in patents or in Acts authorizing the issuance thereof; water rights, claims or title to water. <br />4. Any encroachment (of existing improvements located on the subject land onto adjoining land or <br />of existing improvements located on adjoining land onto the subject land), encumbrance, <br />violation, variation, or adverse circumstance affecting the title that would be disclosed by an <br />accurate and complete land survey of the subject land. <br />5. Any lien, or right to a lien, for services, labor, material, equipment rental or workers <br />compensation heretofore or hereafter furnished, Imposed by law and not shown by the public <br />records; <br />6. Taxes, for the fiscal year 2009-2010 a lien due, but not yet payable. <br />7. Any adverse claim based upon the assertion that some portion of said land has been removed <br />from or brought within the boundaries thereof by an avulsive movement of the Willamette <br />River or has been formed by the process of accretion or reliction or has been created by artificial <br />means or has accreted to such portion so created. <br />8. The property is within the Willamette River Greenway and Is subject to all laws and regulations <br />pertaining thereto, including, but not limited to, ORS 390.310 through 390.368, inclusive. <br />9. The rights of the public in and to that portion of the premises herein described lying within the <br />limits of streets, roads and highways. <br />10. Easement, Including terms and provisions contained therein: <br />Recording Information: August 06, 1947 in Book 353, Page 146 <br />In Favor of: The United States of America <br />For: power lines and appurtenances <br />1482 Fast American Title Insurance Company of Oregon <br />