90 DCNCS.CTIC.COM ALTA OWNER’S POLICY OF TITLE INSURANCE CHICAGO TITLE INSURANCE COMPANY OWNER'S 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 Owner's Policy of Title Insurance w-DC Mod (07/01/2021) Printed: 11.10.23 @ 05:28 PM Page 5 DC-CT-FA61-02100.141018-SPS-72512-1-23-SampleDCACC Some historical land records contain Discriminatory Covenants that are illegal and unenforceable by law. This policy treats any Discriminatory Covenant in a document referenced in Schedule B as if each Discriminatory Covenant is redacted, repudiated, removed, and not republished or recirculated. Only the remaining provisions of the document are excepted from coverage. This policy does not insure against loss or damage and the Company will not pay costs, attorneys' fees, or expenses resulting from the terms and conditions of any lease or easement identified in Schedule A, and the following matters: 1. Real estate taxes, general and special assessments, if any, subsequent to _______________, a lien not yet due and payable. Further, this Policy does not insure against possible future tax levies or against possible public charges that have been levied or assessed but are not due and payable; nor does this Policy insure against any tax lien or liens filed subsequent to the date of this Policy. 2. Water and sewer charges in connection with the land. 3. Downtown Business Improvement District Taxes arising subsequent to __________________, a lien not yet due and payable. 4. Public Space Rental Payments (Vault Rent, CAFE` Assessments) arising subsequent to ________________, a lien not yet due and payable. 5. Rights of parties entitled to possession, as tenants only, under unrecorded leases. 6. Condominium assessment associated with the Land accruing subsequent to Date of Policy, a lien not yet due and payable and having priority over the Insured Mortgage pursuant to Section 42-1903.13 of the District of Columbia Code. 7. Deed of Trust from Sample Buyer, LLC to _________, Trustee and Sample Lender dated __________ and recorded __________, as Instrument No. ________ , securing the maximum aggregate amount or $0.00. 8. Assignment of Rents and Leases by Sample Buyer for the benefit of Sample Lender, dated __________ and recorded __________, as Instrument No. ________. 9. UCC-1 Financing Statement naming Sample Buyer, LLC as Debtor and Sample Lender as Secured Party, recorded __________, as Instrument No. ________. END OF SCHEDULE B Chicago Title NCS DC l MD Page 114
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