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Title Insurance TRUE TITLE AGENCY, INC. Mailing Addreoo: Location: FO Box 420321 305- 872 -4005 9 Ships Way Summerland Key, FL 305- 872 -4041 (FAX) Big fine Key, FL 33042 -0321 33043 October 4, 2018 RECEIVED �0 \ � Monroe County, a political subdivision of the State of Florida OCT 1 8 2018 1100 Simonton Street Key West, FL 33040 MONROE COUNTY ATTORNEY Re: 68300 Overseas Hwy, Layton, FL 33001 Greetings: Enclosed please find the original Owner's Policy and original Warranty Deed related to your purchase of the above subject property. It was a pleasure assisting you in the above - referenced real estate transaction. Thank you very much for using True Title Agency, Inc. If you have any questions or need further assistance, please do not hesitate to call. Ve T, ly Yours, ' •, and Fielder President Enclosures 4 ' Fidelity National Title insurance Company Policy No.: 39724 -1- 2018- 298 - 2018.8230609 - 215140980 OWNER'S POLICY OF TITLE INSURANCE Issued by FIDELITY NATIONAL TITLE INSURANCE COMPANY Any notice of claim and any other notice or statement in writing required to be given to the Company under this Policy must be given to the Company at the address shown in Section 18 of the Conditions. COVERED RISKS SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE EXCEPTIONS FROM COVERAGE CONTAINED IN SCHEDULE B, AND THE CONDITIONS, FIDELITY NATIONAL TITLE INSURANCE COMPANY, a Florida corporation, (the "Company ") insures as of Date of Policy, against loss or damage, not exceeding the Amount of Insurance, sustained or incurred by the Insured by reason of: 1. Title being vested other than as stated in Schedule A. 2. Any defect in or lien or encumbrance on the Title. This Covered Risk includes but is not limited to insurance against loss from (a) A defect in the Title caused by (i) forgery, fraud, undue influence, duress, incompetency, incapacity, or impersonation; (ii) failure of any person or Entity to have authorized a transfer or conveyance; (iii) a document affecting Title not properly created, executed, witnessed, sealed, acknowledged, notarized, or delivered; (iv) failure to perform those acts necessary to create a document by electronic means authorized by law; (v) a document executed under a falsified, expired, or otherwise invalid power of attorney; (vi) a document not properly filed, recorded, or indexed in the Public Records including failure to perform those acts by electronic means authorized by law; or (vii)a defective judicial or administrative proceeding. (b) The lien of real estate taxes or assessments imposed on the Title by a governmental authority due or payable, but unpaid. (c) 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. The term "encroachment" includes encroachments of existing improvements located on the Land onto adjoining land, and encroachments onto the Land of existing improvements located on adjoining land. 3. Unmarketable Title. 4. No right of access to and from the Land. 5. The violation or enforcement of any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) restricting, regulating, prohibiting, or relating to (a) the occupancy, use, or enjoyment of the Land; (b) the character, dimensions, or location of any improvement erected on the Land; (c) the subdivision of land; or (d) environmental protection if a notice, describing any part of the Land, is recorded in the Public Records setting forth the violation or intention to enforce, but only to the extent of the violation or enforcement referred to in that notice. 6. An enforcement action based on the exercise of a governmental police power not covered by Covered Risk 5 if a notice of the enforcement action, describing any part of the Land, is recorded in the Public Records, but only to the extent of the enforcement referred to in that notice. 7. The exercise of the rights of eminent domain if a notice of the exercise, describing any part of the Land, is recorded in the Public Records. 8. Any taking by a governmental body that has occurred and is binding on the rights of a purchaser for value without Knowledge. 9. Title being vested other than as stated Schedule A or being defective (a) as a result of the avoidance in whole or in part, or from a court order providing an alternative remedy, of a transfer of all or any part of the title to or any interest in the Land occurring prior to the transaction vesting Title as shown in Schedule A because that prior transfer constituted a fraudulent or preferential transfer under federal bankruptcy, state insolvency, or similar creditors' rights laws; or 8230609 ALTA Owners Policy 06/17/06 w -FL Mod_306 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. Page 1 of 5 (b) because the instrument of transfer vesting Title as shown in Schedule A constitutes a preferential transfer under federal bankruptcy, state insolvency, or similar creditors' rights laws by reason of the failure of its recording in the Public Records (i) to be timely, or (ii) to impart notice of its existence to a purchaser for value or to a judgment or lien creditor. 10. Any defect in or lien or encumbrance on the Title or other matter included in Covered Risks 1 through 9 that has been created or attached or has been filed or recorded in the Public Records subsequent to Date of Policy and prior to the recording of the deed or other instrument of transfer in the Public Records that vests Title as shown in Schedule A. The Company will also pay the costs, attorneys' fees, and expenses incurred in defense of any matter insured against by this Policy, but only to the extent provided in the Conditions. IN WITNESS WHEREOF, FIDELITY NATIONAL TITLE INSURANCE COMPANY has caused this policy to be signed and sealed by its duly authorized officers. FIDELITY NATIONAL TITLE INSURANCE COMPANY Counj:- signed: / to C I (' )u By: � �G1#xaAn By: Authorized Officer or • - t ��``Aysa.'.''vSG'rq•r Richard J. Fielder -,�.P? ValtgS,, 2 True Title Agency Inc `z f U F n z 9 Ships Way ▪ SEAL I$ President Big Pine Key, FL 33043 9 .. , 'D Tel '�:; . e. O' Fax:305- 872 -4041 � i0 '' Attest: —k,,� Secretary 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. 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; 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. CONDITIONS 1. DEFINITION OF TERMS The following terms when used in this policy mean: 8230609 ALTA Owners Policy 06/17/06 w -FL Mod_306 '- 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. Page 2 of 5 (a) "Amount of Insurance ": The amount stated in Schedule lessee of the Title or lender on the Title to be released from the A, as may be increased or decreased by endorsement to this obligation to purchase, lease, or lend if there is a contractual policy, increased by Section 8(b), or decreased by Sections 10 condition requiring the delivery of marketable title. and 11 of these Conditions. 2. CONTINUATION OF INSURANCE (b) "Date of Policy ": The date designated as 'Date of Policy" The coverage of this policy shall continue in force as of Date in Schedule A. of Policy in favor of an Insured, but only so long as the Insured (c) "Entity ": A corporation, partnership, trust, limited liability retains an estate or interest in the Land, or holds an obligation company, or other similar legal entity. secured by a purchase money Mortgage given by a purchaser (d) "Insured ": The Insured named in Schedule A. from the Insured, or only so long as the Insured shall have (i) The term "Insured" also includes liability by reason of warranties in any transfer or conveyance (A) successors to the Title of the Insured by of the Title. This policy shall not continue in force in favor of operation of law as distinguished from purchase, including any purchaser from the Insured of either (i) an estate or heirs, devisees, survivors, personal representatives, or next of interest in the Land, or (ii) an obligation secured by a purchase kin; money Mortgage given to the Insured. (B) successors to an Insured by dissolution, 3. NOTICE OF CLAIM TO BE GIVEN BY INSURED merger, consolidation, distribution, or reorganization; CLAIMANT (C) successors to an Insured by its conversion to The Insured shall notify the Company promptly in writing (i) another kind of Entity; in case of any litigation as set forth in Section 5(a) of these (D) a grantee of an Insured under a deed Conditions, (ii) in case Knowledge shall come to an Insured delivered without payment of actual valuable consideration hereunder of any claim of title or interest that is adverse to the conveying the Title Title, as insured, and that might cause loss or damage for (1)if the stock, shares, memberships, or other which the Company may be liable by virtue of this policy, or equity interests of the grantee are wholly -owned by the named (iii) if the Title, as insured, is rejected as Unmarketable Title. If Insured, the Company is prejudiced by the failure of the Insured (2)if the grantee wholly owns the named Insured, Claimant to provide prompt notice, the Company's liability to the Insured Claimant under the policy shall be reduced to the (3)if the grantee is wholly -owned by an affiliated extent of the prejudice. Entity of the named Insured, provided the affiliated Entity and 4. PROOF OF LOSS the named Insured are both wholly -owned by the same person In the event the Company is unable to determine the or Entity, or amount of loss or damage, the Company may, at its option, (4)if the grantee is a trustee or beneficiary of a require as a condition of payment that the Insured Claimant trust created by a written instrument established by the furnish a signed proof of loss. The proof of loss must describe Insured named in Schedule A for estate planning purposes. the defect, lien, encumbrance, or other matter insured against (ii) With regard to (A), (B), (C), and (D) reserving, by this policy that constitutes the basis of loss or damage and however, all rights and defenses as to any successor that the shall state, to the extent possible, the basis of calculating the Company would have had against any predecessor Insured. amount of the loss or damage. (e) "Insured Claimant ": An Insured claiming loss or S. DEFENSE AND PROSECUTION OF ACTIONS damage. (a)Upon written request by the Insured, and subject to the (f) 'Knowledge or "Known": : Actual knowledge, not options contained in Section 7 of these Conditions, the constructive knowledge or notice that may be imputed to an Company, at its own cost and without unreasonable delay, Insured by reason of the Public Records or any other records shall provide for the defense of an Insured in litigation in which that impart constructive notice of matters affecting the Title. any third party asserts a claim covered by this policy adverse (g) "Land ": The land described in Schedule A, and affixed to the Insured. This obligation is limited to only those stated improvements that by law constitute real property. The term causes of action alleging matters insured against by this policy. "Land" does not include any property beyond the lines of the The Company shall have the right to select counsel of its choice area described in Schedule A, nor any right, title, interest, (subject to the right of the Insured to object for reasonable estate, or easement in abutting streets, roads, avenues, alleys, cause) to represent the Insured as to those stated causes of lanes, ways or waterways, but this does not modify or limit the action. It shall not be liable for and will not pay the fees of any extent that a right of access to and from the Land is insured by other counsel. The Company will not pay any fees, costs, or this policy. expenses incurred by the Insured in the defense of those (h) "Mortgage ": Mortgage, deed of trust, trust deed, or other causes of action that allege matters not insured against by this security instrument, including one evidenced by electronic policy. means authorized by law. (b)The Company shall have the right, in addition to the (i) "Public Records ": Records established under state options contained in Section 7 of these Conditions, at its own statutes at Date of Policy for the purpose of imparting cost, to institute and prosecute any action or proceeding or to constructive notice of matters relating to real property to do any other act that in its opinion may be necessary or purchasers for value and without Knowledge. With respect to desirable to establish the Title, as insured, or to prevent or Covered Risk 5(d), "Public Records" shall also include reduce loss or damage to the Insured. The Company may take environmental protection liens filed in the records of the clerk any appropriate action under the terms of this policy, whether of the United States District Court for the district where the or not it shall be liable to the Insured. The exercise of these Land is located. rights shall not be an admission of liability or waiver of any (j) "Title ": The estate or interest described in Schedule A. provision of this policy. If the Company exercises its rights (k) "Unmarketable Title ": Title affected by an alleged or under this subsection, it must do so diligently. apparent matter that would permit a prospective purchaser or 8230609 ALTA Owners Policy 06/17/06 w -FL Mod_306 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. Page 3 of 5 • (c) Whenever the Company brings an action or asserts a subsection, shall terminate, including any liability or obligation defense as required or permitted by this policy, the Company to defend, prosecute, or continue any litigation. may pursue the litigation to a final determination by a court of (b) To Pay or Otherwise Settle With Parties Other Than the competent jurisdiction, and it expressly reserves the right, in Insured or With the Insured Claimant. its sole discretion, to appeal any adverse judgment or order. (i) To pay or otherwise settle with other parties for or in 6. DUTY OF INSURED CLAIMANT TO COOPERATE the name of an Insured Claimant any claim insured against (a)In all cases where this policy permits or requires the under this policy. In addition, the Company will pay any costs, Company to prosecute or provide for the defense of any action attorneys' fees, and expenses incurred by the Insured Claimant or proceeding and any appeals, the Insured shall secure to the that were authorized by the Company up to the time of Company the right to so prosecute or provide defense in the payment and that the Company is obligated to pay; or action or proceeding, including the right to use, at its option, (ii)To pay or otherwise settle with the Insured Claimant the name of the Insured for this purpose. Whenever requested the loss or damage provided for under this policy, together by the Company, the Insured, at the Company's expense, shall with any costs, attorneys' fees, and expenses incurred by the give the Company all reasonable aid (i) in securing evidence, Insured Claimant that were authorized by the Company up to obtaining witnesses, prosecuting or defending the action or the time of payment and that the Company is obligated to pay. proceeding, or effecting settlement, and (ii) in any other lawful Upon the exercise by the Company of either of the options act that in the opinion of the Company may be necessary or provided for in subsections (b)(i) or (ii), the Company's desirable to establish the Title, or any other matter as insured. obligations to the Insured under this policy for the claimed loss If the Company is prejudiced by the failure of the Insured to or damage, other than the payments required to be made, furnish the required cooperation, the Company's obligations to shall terminate, including any liability or obligation to defend, the Insured under the policy shall terminate, including any prosecute, or continue any litigation. liability or obligation to defend, prosecute, or continue any B. DETERMINATION AND EXTENT OF LIABILITY litigation, with regard to the matter or matters requiring such This policy is a contract of indemnity against actual cooperation. monetary loss or damage sustained or incurred by the Insured (b)The Company may reasonably require the Insured Claimant who has suffered loss or damage by reason of Claimant to submit to examination under oath by any matters insured against by this policy. authorized representative of the Company and to produce for (a)The extent of liability of the Company for loss or damage examination, inspection, and copying, at such reasonable times under this policy shall not exceed the lesser of and places as may be designated by the authorized (i) the Amount of Insurance; or representative of the Company, all records, in whatever medium maintained, including books, ledgers, checks, ( ii)the difference between the value of the Title as memoranda, correspondence, reports, e- mails, disks, tapes, insured and the value of the Title subject to the risk insured and videos whether bearing a date before or after Date of against by this policy. Policy, that reasonably pertain to the loss or damage. Further, (b)If the Company pursues its rights under Section 5 of if requested by any authorized representative of the Company, these Conditions and is unsuccessful in establishing the Title, the Insured Claimant shall grant its permission, in writing, for as insured, any authorized representative of the Company to examine, (i) the Amount of Insurance shall be increased by inspect, and copy all of these records in the custody or control 10 %, and of a third party that reasonably pertain to the loss or damage. (ii)the Insured Claimant shall have the right to have the All information designated as confidential by the Insured loss or damage determined either as of the date the claim was Claimant provided to the Company pursuant to this Section made by the Insured Claimant or as of the date it is settled and shall not be disclosed to others unless, in the reasonable paid. judgment of the Company, it is necessary in the administration (c) In addition to the extent of liability under (a) and (b), of the claim. Failure of the Insured Claimant to submit for the Company will also pay those costs, attorneys' fees, and examination under oath, produce any reasonably requested expenses incurred in accordance with Sections 5 and 7 of these information, or grant permission to secure reasonably Conditions. necessary information from third parties as required in this 9. LIMITATION OF LIABILITY subsection, unless prohibited by law or governmental (a)If the Company establishes the Title, or removes the regulation, shall terminate any liability of the Company under alleged defect, lien or encumbrance, or cures the lack of a right this policy as to that claim. of access to or from the Land, or cures the claim of 7. OPTIONS TO PAY OR OTHERWISE SETTLE CLAIMS; Unmarketable Title, all as insured, in a reasonably diligent TERMINATION OF LIABILITY manner by any method, including litigation and the completion In case of a claim under this policy, the Company shall have of any appeals, it shall have fully performed its obligations with the following additional options: respect to that matter and shall not be liable for any loss or (a)To Pay or Tender Payment of the Amount of Insurance. damage caused to the Insured. To pay or tender payment of the Amount of Insurance (b)In the event of any litigation, including litigation by the under this policy together with any costs, attorneys' fees, and Company or with the Company's consent, the Company shall expenses incurred by the Insured Claimant that were have no liability for loss or damage until there has been a final authorized by the Company up to the time of payment or determination by a court of competent jurisdiction, and tender of payment and that the Company is obligated to pay. disposition of all appeals, adverse to the Title, as insured. Upon the exercise by the Company of this option, all (c)The Company shall not be liable for loss or damage to liability and obligations of the Company to the Insured under the Insured for liability voluntarily assumed by the Insured in this policy, other than to make the payment required in this settling any claim or suit without the prior written consent of the Company. 8230609 ALTA Owners Policy 06/17/06 w -FL Mod_306 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. Page 4 of 5 10. REDUCTION OF INSURANCE; REDUCTION OR fees to a prevailing party. Judgment upon the award rendered TERMINATION OF LIABILITY by the Arbitrator(s) may be entered in any court having All payments under this policy, except payments made for jurisdiction thereof. costs, attorneys' fees, and expenses, shall reduce the Amount The law of the situs of the land shall apply to an arbitration of Insurance by the amount of the payment. under the Title Insurance Arbitration Rules. A copy of the Rules 11. LIABILITY NONCUMULATIVE may be obtained from the Company upon request. The Amount of Insurance shall be reduced by any amount 15. LIABILITY LIMITED TO THIS POLICY; POLICY the Company pays under any policy insuring a Mortgage to ENTIRE CONTRACT which exception is taken in Schedule B or to which the Insured (a)This policy together with all endorsements, if any, has agreed, assumed, or taken subject, or which is executed attached to it by the Company is the entire policy and contract by an Insured after Date of Policy and which is a charge or lien between the Insured and the Company. In interpreting any on the Title, and the amount so paid shall be deemed a provision of this policy, this policy shall be construed as a payment to the Insured under this policy. whole. 12. PAYMENT OF LOSS (b)Any claim of loss or damage that arises out of the status When liability and the extent of loss or damage have been of the Title or by any action asserting such claim shall be definitely fixed in accordance with these Conditions, the restricted to this policy. payment shall be made within 30 days. (c) Any amendment of or endorsement to this policy must 13. RIGHTS OF RECOVERY UPON PAYMENT OR be in writing and authenticated by an authorized person, or SETTLEMENT expressly incorporated by Schedule A of this policy. (a)Whenever the Company shall have settled and paid a (d)Each endorsement to this policy issued at any time is claim under this policy, it shall be subrogated and entitled to made a part of this policy and is subject to all of its terms and the rights of the Insured Claimant in the Title and all other provisions. Except as the endorsement expressly states, it does rights and remedies in respect to the claim that the Insured not (i) modify any of the terms and provisions of the policy, (ii) Claimant has against any person or property, to the extent of modify any prior endorsement, (iii) extend the Date of Policy, the amount of any loss, costs, attorneys' fees, and expenses or (iv) increase the Amount of Insurance. paid by the Company. If requested by the Company, the 16. SEVERABILITY Insured Claimant shall execute documents to evidence the In the event any provision of this policy, in whole or in part, transfer to the Company of these rights and remedies. The is held invalid or unenforceable under applicable law, the policy Insured Claimant shall permit the Company to sue, shall be deemed not to include that provision or such part held compromise, or settle in the name of the Insured Claimant and to be invalid, but all other provisions shall remain in full force to use the name of the Insured Claimant in any transaction or and effect. litigation involving these rights and remedies. 17. CHOICE OF LAW; FORUM If a payment on account of a claim does not fully cover the (a)Choice of Law: The Insured acknowledges the Company loss of the Insured Claimant, the Company shall defer the has underwritten the risks covered by this policy and exercise of its right to recover until after the Insured Claimant determined the premium charged therefor in reliance upon the shall have recovered its loss. law affecting interests in real property and applicable to the (b)The Company's right of subrogation includes the rights of interpretation, rights, remedies, or enforcement of policies of the Insured to indemnities, guaranties, other policies of title insurance of the jurisdiction where the Land is located. insurance, or bonds, notwithstanding any terms or conditions Therefore, the court or an arbitrator shall apply the law of contained in those instruments that address subrogation rights. the jurisdiction where the Land is located to determine the 14. ARBITRATION validity of claims against the Title that are adverse to the Unless prohibited by applicable law, arbitration pursuant to Insured and to interpret and enforce the terms of this policy. In the Title Insurance Arbitration Rules of the American neither case shall the court or arbitrator apply its conflicts of Arbitration Association may be demanded if agreed to by both law principles to determine the applicable law. the Company and the Insured at the time of a controversy or (b)Choice of Forum: Any litigation or other proceeding claim. Arbitrable matters may include, but are not limited to, brought by the Insured against the Company must be filed only any controversy or claim between the Company and the in a state or federal court within the United States of America Insured arising out of or relating to this policy, and service of or its territories having appropriate jurisdiction. the Company in connection with its issuance or the breach of a 18. NOTICES, WHERE SENT policy provision or other obligation. Arbitration pursuant to this Any notice of claim and any other notice or statement in policy and under the Rules in effect on the date the demand for writing required to be given to the Company under this policy arbitration is made or, at the option of the Insured, the Rules must be given to the Company at FIDELITY NATIONAL TITLE in effect at Date of Policy shall be binding upon the parties. The INSURANCE COMPANY, Attn: Claims Department, P.O. Box award may include attorneys' fees only if the laws of the state 45023, Jacksonville, FL 32232 -5023. in which the Land is located permit a court to award attorneys' 8230609 ALTA Owners Policy 06/17/06 w-FL Mod_306 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. Page Fidelity National Title � ee / Insurance Company TM ALTA OWNER'S POLICY OF TITLE INSURANCE SCHEDULE A Name and Address of Title Insurance Company: Fidelity National Title Insurance Company P.O. Box 45023 Jacksonville, FL 32232 -5023 File No.: 2018 -298 Policy No.: 8230609 - 215140980 Address Reference: 68300 Overseas Hwy, Layton, FL 33001 (For information only) Amount of Insurance: $577,000.00 Premium: $2,960.00 Date of Policy: September 5, 2018 at 01:27 PM 1. Name of Insured: Monroe County, a political subdivision of the State of Florida 2. The estate or interest in the Land that is insured by this policy is: Fee Simple as shown by instrument recorded as Document No. 2185228 in Official Records Book 2925, Page 678, of the Public Records of Monroe County, Florida. 3. Title is vested in: Monroe County, a political subdivision of the State of Florida 4. The Land referred to in this policy is described as follows: Lots 28, 29 and 30, Block 3, LONG KEY ESTATES, SECOND ADDITION, according to the Plat thereof, as recorded in Plat Book 4, Page 127, of the Public Records of Monroe County, Florida. THIS POLICY VALID ONLY IF SCHEDULE B IS ATTACHED THE TELEPHONE NUMBER TO PRESENT INQUIRIES OR OBTAIN INFORMATION ABOUT COVERAGE AND TO PROVIDE ASSISTANCE IS 1- 800 - 669 -7450 ALTA Owner's Policy (6/17/06) 2730609 (With Florida Modifications) Copyright American Land Title Association. All rights reserved. AMERICAN LAND TITLE The use of this Form is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other ASSOCIATION uses are prohibited. Reprinted under license from the American Land Title Association. 4 ne 2018 -298 Fidelit y National Title �lele Insurance Company TM SCHEDULE B File No.: 2018 -298 Policy No.: 8230609 - 215140980 EXCEPTIONS FROM COVERAGE This policy does not insure against Toss or damage, and the Company will not pay costs, attorneys' fees, or expenses that arise by reason of: 1. Any adverse ownership claim by the State of Florida by right of sovereignty to any portion of the Land insured hereunder, including submerged, filled and artificially exposed lands, and lands accreted to such lands. 2. Taxes and assessments for the year 2018 and subsequent years, which are not yet due and payble. 3. Any lien provided by County Ordinance or by Chapter 159, Florida Statutes, in favor of any city, town, village or port authority, for unpaid service charges for services by any water systems, sewer systems or gas systems serving the land described herein; and any lien for waste fees in favor of any county or municipality. See www.leg.state.fl.us /Statutes /Index.cfm or contact True Title Agency, Inc. for a copy of Chapter 159. 4. State Law under Chapter 76 -190, now codified under Chapter 380, Florida Statutes; Chapter 27F -8 and Rule 28- 29.001 et seq., of the Florida Administrative Code for Land Planning for the Florida Keys Area of Critical State Concern, as originally recorded at Official Records Book 668, Page 43. 5. Subject to County Ordinance No. 10 -1977 for the collection of waste in the County of Monroe, State of Florida, and amendment thereof, County Ordinance No. 13 -1978. 6. House Bill No. 634, Chapter 70 -231, an Act relating to the bureau of beaches, shores and coastal construction; amending Chapter 161, Florida Statutes, by addition Section 161.052; providing a setback line for coastal construction and excavation; providing for the granting of variances by the Department of Natural Resources; providing penalties; and providing an effective date. 7. The Provisions of Florida Statutes Section 380.0552, "The Florida Keys Area Protection Act," establishing a land use management system that protects and conserves the natural environment and community character of the Florida Keys. 8. Restrictions, conditions, reservations, easements, and other matters contained on the Plat of LONG KEY ESTATES, SECOND ADDITION, as recorded in Plat Book 4, Page 127, of the Public Records of Monroe County, Florida. ALTA Owner's Policy (6/17/06) 2730609 (With Florida Modifications) Copyright American Land Title Association. All rights reserved. AMERICAN LAND TITLE The use of this Form is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other ASSOCIATION uses are prohibited. Reprinted under license from the American Land Title Association. 2018 -298 SCHEDULE B (Continued) 9. Any land use restrictions which may have been or will be imposed by any governmental body including, without limitation, Monroe County, Florida, the State of Florida, or the Corps of Engineers of the United States of America. 10. The effect of county zoning ordinances and the results of the exercise of governmental police powers of the County of Monroe and the State of Florida. 11. Easements, claims of easements, boundary line disputes, overlaps, encroachments or other matters not shown by the public records which would be disclosed by an accurate survey of the land. 12. Matters contained in Instrument recorded in Official Records Book 1126, Page 613. 13. Notice recorded in Official Records Book 2118, Page 1787. 14. Easement recorded in Official Records Book 775, Page 1395. 15. The nature, extent or existence of riparian rights is not insured. 16. Notwithstanding the legal description in Schedule A, this commitment/policy does not insure title to any lands lying below the mean or ordinary high water line of any navigable or tidally influenced waters, and specifically excludes from coverage any seawall, bulkhead or dock structure extending outside the insured lot(s) into the abutting waterway. NOTE: All recording references in this form shall refer to the public records of Monroe County, Florida, unless otherwise noted. ALTA Owner's Policy (6/17/06) 2730609 (With Florida Modifications) innate Copyright American Land Title Association. All rights reserved. AMERICAN LAND TITLE The use of this Form is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other ASSOCIATION uses are prohibited. Reprinted under license from the American Land Title Association. 2018 -298 N ,,,,, Fidelity National Title fin Insurance Company TM EXHIBIT "A" LEGAL DESCRIPTION File No.: 2018 -298 Policy No.: 8230609 - 215140980 The and referred to in this Policy is described as follows: Lots 28, 29 and 30, Block 3, LONG KEY ESTATES, SECOND ADDITION, according to the Plat thereof, as recorded in Plat Book 4, Page 127, of the Public Records of Monroe County, Florida. • ALTA Owner's Policy (6/17/06) 2730609 (With Florida Modifications) Copyright American Land Title Association. All rights reserved. AMERICAN LAND TITLE The use of this Form is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other ASSOCIATION uses are prohibited. Reprinted under license from the American Land Title Association. 2018 -298