Title 101: Making Sense of Title Insurance in Commercial Transactions

102 DCNCS.CTIC.COM ALTA LOAN POLICY OF TITLE INSURANCE CHICAGO TITLE INSURANCE COMPANY LOAN POLICY NO. SampleDCACC SCHEDULE B EXCEPTIONS FROM COVERAGE Copyright 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. ALTA Loan Policy of Title Insurance w-DC Mod (07/01/2021) Printed: 11.10.23 @ 05:29 PM Page 7 DC-CT-FA61-02100.141018-SPS-72511-1-23-SampleDCACC PART II Covered Risk 10 insures against loss or damage sustained by the Insured by reason of the lack of priority of the lien of the Insured Mortgage over the matters listed in Part II, subject to the terms and conditions of any subordination provision in a matter listed in Part II: 1. Assignment of Rents and Leases by Sample Buyer for the benefit of Sample Lender, dated __________ and recorded __________, as Instrument No. ________. 2. UCC-1 Financing Statement naming Sample Buyer, LLC as Debtor and Sample Lender as Secured Party, recorded __________, as Instrument No. ________. END OF SCHEDULE B - PART II Chicago Title NCS DC l MD Page 126

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