ÿWPC ‘3P2Лûå˜`oD›+¦;÷¿ÊH‡%p7/© Iéë|üå%ÿ†‘d¬¿7àn©˜ÊFºü×Ô“8¥¼Æ\%®Owc=¸dg+C¬»p°Fô±¸©ãñçC•Så]2€ D\¹‘^ªüÚº`“5#d©ÅÉÅ8€`Ç©+pï>ÑûyŒGú& o Sg*2ÆœZ RL5…’ì>µåvB pQ £ÅBTÀ;IªÆëa@²t˜ —3E­«ÑV Xù¸Ôx÷AD“ýÉ®ŽÄÒÉE“àˆ¸•¢>NÉ×ù7Ì©ø8Ï%fi©Šs #?Xø‹å‹K€r*­ÁGí—o¯Yiõr;|4äEÚ~[n¨F3SèƒíÖØ!Ò”´$t¾=6?bÀ޶ puµÁ;à3èƒ.É,úïs{¶Ë§3ÛéìÝͼ*ËX¶¢Eh\4쮫mþcsÙ€œ§ÆÖaeþ­rGŸmÏ5 oìuœÙ±mb BZ‹:!Ÿ¬O:žÄk¼òŲ}Ù…‡IE½±}6,,àÐÂþK÷±î`´©ç!ëÃ{ЄßW÷‘lÀ¼DêÇ"–Ôòr2Ò#É %ÍNÓU@Õ^ w!4%9 0(H 0Dp´ m¶ 0DÍ"Terri Porter fPhraseology of Typical Title Report Exceptions j,Converted by WordPort from source file re028.doc ."0Kathy Hughes˜hp officejet v seriesT(,,,,T(0X(ÖÃ9 Z‹(Times New Roman ±yš21 O2ê:i¢Ø+003|x($¡¡(2¯#$§§Ý ƒ !ÝÝ  ÝÿU‹ÿÀÀÀ(2¯#$©©Ý ƒ !ÝÝ  ÝÝ ƒ !ÝÝ  ÝÔ_ÔÑ  ÑÑXÈÑÔ€XØ•XXXÔÔ€¼ï»XXØ•ÔÔ&  ÔÓ  Óò òPhraseology€of€Typical€Title€Report€ExceptionsÐ ° ÐÔ€XØ•X»¼ïÔÌÌÔdPœìÔÓ °°'°œXÓÓ  Óà0 ' àà ° àó ó1.à ' àProof€is€required€that€___________€has€not€been€known€by€any€other€name,€married€or€single,Ð P Ðwithin€the€last€ten€years;€otherwise€such€other€names€must€be€revealed€to€the€Company€andÐ ì< Ðsearches€amended.€(A€form€of€affidavit€to€dispose€of€this€exception€is€found€in€the€appendix.)ÐØ ('(#'(# ÐÔ'°ÔÌÌà0 ' àà ° à2.à ' àProof€is€required€that€the€grantor(s)€herein€is€(are)€the€same€person(s)€as€the€grantee(s)€in€aÐ œ ì Ðcertain€deed€dated€____________€recorded€____________€in€Liber€___€cp€____.€(A€statementÐ ˆ Ø  Ðto€this€effect€may€be€included€in€the€deed.)ÐtÄ '(#'(# ÐÌÌà0 ' àà ° à3.à ' àContract€of€sale€in€its€entirety€must€be€submitted€to€Company€at€or€prior€to€closing.Ð8ˆ '(#'(# ÐÌÌà0 ' àà ° à4.à ' àMortgage(s)€reported€herein.ÐüL'(#'(# ÐÌÌà0 ' àà ° à5.à ' àòòLis€pendensóó€in€Liber€___€Ô_ÔLpÔ_Ô€___€filed€__________€action€no.€_________€to€foreclose€MortgageÐ À Ðrecorded€in€Liber€_____€Ô_ÔMpÔ_Ô€______,€must€be€cancelled€and€action€discontinued€of€record.Ьü'(#'(# ÐÌÌà0 ' àà ° à6.à ' àJudgments,€Mechanicsðð€Liens,€Tax€Liens,€UCC€(specify)€reported€herein.ÐpÀ'(#'(# ÐÌÌà0 ' àà ° à7.à ' àUnanimous€written€consent€of€the€stockholders€of€________________€to€the€proposed€òòsaleóóÐ 4„ Ðmust€be€submitted,€or€in€the€alternative,€proof€must€be€furnished€that€the€holders€of€two-thirdsÐ  p Ðof€its€stock€have€consented€to€the€sale€at€a€meeting€duly€called.€The€deed€should€contain€theÐ  \ Ðappropriate€recital€from€the€above.ÐøH'(#'(# ÐÌÌà0 ' àà ° à8.à ' àResolution€of€the€Board€of€Directors€of€__________________€is€required€authorizing€theÐ ¼"   ÐòòMortgageóó€to€be€made.€The€certificate€showing€the€passage€of€the€resolution€must€certify€that€theÐ ¨#ø! ÐArticles€of€Incorporation€do€not€require€the€consent€of€the€stockholders.Д$ä"'(#'(# ÐÌÔ_ÔÌà0 ' àà ° à9.à ' àConsent€of€the€stockholders€of€________________€to€the€Mortgage€is€required€as€provided€inÐ X'¨"% Ðthe€Certificate€of€Incorporation.ÐD(”#&'(#'(# ÐÌÌà0 ' àà ° à10.à ' àProof€of€payment€of€Franchise€Tax€by€[date]€from€incorporation€to€date€of€closing€is€required.Ð +X&) ÐNOTE:€Report€requested€from€the€New€York€State€Department€of€Taxation€and€Finance.Ðô+D'*'(#'(# ÐÌÐ Ì-), ÐÔ_Ôà0 ' àà ° à11.à ' àPartnership€Agreement€must€be€produced€and€examined€by€this€Company€prior€to€closing.а'(#'(# ÐÌÌà0 ' àà ° à12.à ' àBuilding€Loan€Agreement€must€be€filed€at€or€prior€to€the€time€of€recording€of€the€Mortgage€toÐ tÄ Ðbe€insured.Ð`°'(#'(# ÐÌÌà0 ' àà ° à13.à ' àProof€is€required€that€there€are€no€outstanding€contracts€for€the€sale€of€the€premises.€If€there€isÐ $ t Ðan€outstanding€contract€of€sale,€it€must€be€subordinated€to€the€Building€Loan€Mortgage€and€toÐ  ` Ðall€advances€made€thereon€whether€such€advances€are€voluntary€or€involuntary,€and€whetherÐ ü L  Ðmade€in€accordance€with€the€building€loan€schedule€of€payments€or€accelerated€thereunder€byÐ è 8  Ðvirtue€of€the€lenderððs€right€to€make€advances€before€they€become€due€in€accordance€with€theÐ Ô$  Ðschedule€of€payments.ÐÀ '(#'(# ÐÌÌà0 ' àà ° à14.à ' àProof€is€required€that€___________________,€proposed€Mortgagor,€has€not€been€known€by€anyÐ „Ô  Ðother€name€for€the€last€ten€years.€If€she€has€been€known€by€another€name,€all€searches€must€beÐ pÀ Ðamended€and€run€against€such€name€and€title€is€subject€to€returns,€if€any,€on€such€amendedÐ \¬ Ðsearches.ÐH˜'(#'(# ÐÌÌà0 ' àà ° à15.à ' àThe€proposed€Mortgagors,€___________________________________,€have€been€run€forÐ  \ ÐJudgments€and€Federal€Tax€Liens€for€the€sole€purpose€of€the€disposition€of€any€possible€liensÐ øH Ðwhich€may€affect€any€further€real€property€proceedings.Ðä4'(#'(# ÐÌÌà0 ' àà ° à16.à ' àNOTE:€This€(These)€Judgment(s)€will€be€omitted€at€closing€and€not€appear€on€the€Policy€of€TitleÐ ¨ø ÐInsurance€as€it€(they)€are€subordinated€to€the€Mortgage€to€be€insured€herein.€However,€it€(they)Ð ”ä Ðmust€be€named€and€cut€off€should€this€Mortgage€be€foreclosed€during€the€time€this€(these)Ð €Ð ÐJudgment(s)€would€be€a€lien€against€the€premises.Ðl¼'(#'(# ÐÌÌà0 ' àà ° à17.à ' àApplication€and/or€contract€of€sale€(specify)€indicate€title€is€in€__________________.€We€findÐ 0"€  Ðtitle€as€certified.€Proof€of€devolution€of€title€to€_________________________€is€required€priorÐ #l! Ðto€closing.€Additional€exceptions€may€be€raised.Ð$X"'(#'(# ÐÌÌà0 ' àà ° à18.à ' àAn€exemption€is€shown€and,€upon€a€change€of€ownership,€assessor€may€cancel€exemption€andÐ Ì&"% Ðcause€an€additional€tax€to€be€levied€upon€the€exempt€portion€for€the€balance€of€the€fiscal€yearÐ ¸'#& Ðfrom€the€date€of€the€deed.Ф(ô#''(#'(# ÐÌÌà0 ' àà ° à19.à ' àWater€bill€showing€actual€reading€of€consumption€to€be€presented€at€closing.€Policy€will€exceptÐ h+¸&* Ðall€water€meter€charges€from€date€of€the€last€actual€reading€of€the€meter€including€all€chargesÐ T,¤'+ Ðentered€hereafter€but€which€might€include€usage€prior€to€the€date€of€this€policy.Ð@-(,'(#'(# ЇÌà0 ' àà ° à20.à ' àTax€lots€do€not€conform€to€record€description.€Policy€excepts€any€loss€or€damage€resulting€fromÐ œì Ðfailure€to€correct€same€to€conform€with€record€description.ЈØ'(#'(# ÐÌÌà0 ' àà ° à21.à ' àTax€map€designation€must€appear€in€closing€instruments.ÐL œ'(#'(# ÐÌÌà0 ' àà ° à22.à ' àIn€the€absence€of€a€survey,€Company€does€not€certify€as€to€the€exact€location€nor€the€dimensionsÐ  ` Ðof€the€within€described€premises€on€all€sides.Ðü L '(#'(# ÐÌÌà0 ' àà ° à23.à ' àRiparian€rights€of€others€in€and€to€the€brook/stream€which€flows€through€the€premises€describedÐ À  Ðin€Schedule€ð ðA.ððЬü '(#'(# ÐÌÌà0 ' àà ° à24.à ' àSubject€to€outstanding€mining€and€mineral€rights€of€the€heirs€of€_____________________,€orÐ pÀ Ðother€parties€than€the€parties€certified€herein.Ð\¬'(#'(# ÐÌÌà0 ' àà ° à25.à ' àSubject€to€rights€and€easements,€if€any,€acquired€by€any€public€utility€company€to€maintain€itsÐ  p Ðpoles€and€operate€its€wires,€lines,€etc.,€in,€to€and€over€the€premises€and€in,€to€and€over€the€streetsÐ  \ Ðadjacent€thereto.ÐøH'(#'(# ÐÌÌà0 ' àà ° à26.à ' àSubject€to€rights€and€easements,€if€any,€acquired€by€any€public€utility€company€to€maintain€itsÐ ¼  Ðpoles€and€operate€its€wires,€lines,€etc.,€in,€to€and€over€the€streets€adjacent€to€the€premises€to€beÐ ¨ø Ðinsured,€with€the€right€to€trim€trees.Дä'(#'(# ÐÌÌà0 ' àà ° à27.à ' àPolicy€will€except€any€special€assessment€pending€against€the€property.ÐX ¨'(#'(# ÐÌÌà0 ' àà ° à28.à ' àTax€bills€and€receipts€for€the€past€three€years€to€be€presented€at€closing.Ð#l!'(#'(# ÐÌÌà0 ' àà ° à29.à ' àProof€of€death€and€heirship€of€________________________€to€be€obtained€and€consideredÐ à%0!$ Ðbefore€Company€will€insure€title.€Proof€required€that€the€Estate€of€said€decedent€is€not€liable€forÐ Ì&"% ÐòòNew€Yorkóó€and€òòFederal€Estate€Taxesóó.и'#&'(#'(# ÐÌÌà0 ' àà ° à30.à ' àPossible€unpaid€debts€and€legacies€against€the€Estate€of€_______________________,€deceased.Ð|*Ì%)'(#'(# ÐÌâ âÐ T,¤'+ Ðà0 ' àà ° à31.à ' àPossible€unpaid€New€York€and/or€Federal€Estate€Taxes€(specify)€against€the€Estate€ofÐ ° Ðâ â__________________________,€deceased.Мì'(#'(# ÐÌÌà0 ' àà ° à32.à ' àProof€is€required€that€_________________,€decedent,€tenant€by€the€entirety,€died€intestate.€IfÐ `° Ðthe€decedent€died€testate,€this€Company€must€be€informed€of€the€County€in€which€the€will€of€theÐ L œ Ðsaid€decedent€is€probated.€If€said€will€has€not€been€probated,€a€copy€must€be€produced€prior€toÐ 8 ˆ Ðclosing€and€possible€additional€exceptions€raised.Ð$ t'(#'(# ÐÌÌà0 ' àà ° à33.à ' àProof€is€required€that€_________________,€deceased,€and€____________________,€survivingÐ è 8  Ðtenant€by€the€entirety,€were€still€related€to€each€other€by€marriage,€were€still€living€together,€andÐ Ô$  Ðwere€not€separated,€at€the€decedentððs€time€of€death.ÐÀ '(#'(# ÐÌÌà0 ' àà ° à34.à ' àRights€to€maintain€vaults,€if€any,€in€streets,€and€charges€therefor€if€any.Ð„Ô '(#'(# ÐÌÌà0 ' àà ° à35.à ' àPolicy€will€insure€that€the€racial€restriction(s)€in€Liber€___€of€Conveyances€page€_____€(andÐ H˜ ÐLiber€____€of€Conveyances€page€_____),€is€(are)€not€enforceable€in€the€Courts€of€the€State€ofÐ 4„ ÐNew€York€nor€of€the€United€States€and€is€(are)€null€and€void€under€existing€New€York€law.Ð p'(#'(# ÐÌÌÓ! °°'°°w!Óà0 ' àà ° à36.à ' àa)à  àLiability€under€this€certificate€is€limited€to€$1,000.00.Ðä4'(#'(# ÐÌÌà0 ' àb)à  àSearches€must€be€continued€to€the€filing€of€the€òòlis€pendens.Шø'(#'(# ÐÌÌÓ$ °'` °°'á$Óóóà0 ' àà0'(#'(#àc)à ` àAddresses€given€herein€are€taken€from€the€public€records€and€the€accuracy€thereof€isÐ l¼ Ðnot€guaranteed.ÐX ¨(#(# Ð