Owner Policy & Title Insurance (American Land Title Association-Owner's Policy Adopted 6/17/2006)(With Florida Modifications)
OWNER'S POLICY OF TITLE INSURANCE
OLD REPUBLIC 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
SU13)ICI l()1111 EXCLUSIONS IROvl COVI:RA(l. THE LXCLP EONS FROM COAI(RAGE( ON I ANFI)IN SCIITI)UI.E13.
AND I III, CONDITIONS. OLD RI PL131 I(.N.ATIONAI. 1711.E INN RANCI. COMPANY, a Florida corporation (the Company")
insures. as of Date I I tic against loss or damage- not exceeding the Amount of Insurance_sustained or incurred by the Insured by
reason of
I. Title being vested other than as stated in Schedule A.
2 Any defect in or lien or encumbrance on the'NII .11 `Covered Risk includes but is not limited to insurance against Toss from
(a) A defect in the title caused by
(i) forgery. fraud.undue influence,duress.incompetetic)_incapacit).,Or impersonation:
lei) failure of any person or Entity to lune authorized a transfer or conveyance:
lin) a document altecung l itle 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 lute
01 a document executed under atalsilicd,expired.or other ise invalid power ofauorney;
vi) document not properly filed.recorded.or indexed in the Public Records including failure to perform those acts by
electronic means authorized by law;ern
(vii) a defective judicial or administrative proceeding.
(b) fhc lien of real estate taxes or assessments imposed on the l itle by a govcrmnental authority due or payable. but unpaid.
(e) Any encroachment.encumbrance violation.variation.or adverse circumstance aiketing the Title that would he disclosed by
an accurate and complete land survey of the land. the term"encroachment"includes encroachments olcsisfing
improvements located on the Land onto adioinine land.and encroachments onto the Land of existing improvements located
On adjoining land.
3. Unmarketable Title.
4. No right of accessto and from the Land.
Thcsiuladhm Or entbrcemcnt of any law.ordinance,permit.or go'ernmennd regulation(including those relating 10 building and
zoning)restricting.regulating_prohibiting.or relating to
(a) the occupancy. use.or enjoyment of the I.and:
lb) the character.dimensions.or location of any improvement erected on the land:
Icl the subdiv ision of land:or
(d) environmental protection
ifa notice.describing any part of the Land is recorded in the Public Records setting tunh the violation or intention to enforce,hut
only to the extent ofthe violation or enforcement referred to in that notice.
(Covered Risks continued)
!n Witness Whereof; OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY, has caused this policy to he signed and sealed
as of Date of Policy shown in Schedule A,the policy to become valid when countersigned by an authorized signatory of the Company.
OLD REPUBUC NATIONAL ME INSURANCE COMPANY
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SERIAL
OF6-8764921
FORM OF6(rev.12/10)(With Florida Modifications) Page 1 of 5
File Number: 19-290 DoubleTime®8.5
(Covered RhAs continued)
6. An enforcement action based on the exercise of a governmental police lower 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 oldie cnlirtcemenl referred to in that notice.
7. I he excise of the rights ofnninntl domain if a notice f the ekirreiliC.(liscribing any part of the l_and, is recorded in the Public Records.
8_ Any taking by a governmental body that has occurred and is binding on the rights oft purchaser for value without Knowledge.
9_ Title being vested other than as saved in Schedule A or being definite
cut as a result of the nvoidonta in whole or in part.or from a court order providing an alternative remedy.oia transler of all or any part ol'the title
to or any interest in the Land occurring prior to the transaction vesting Title as shown itt Schedule A because that prior transfer constituted a
fraudulent or preferential transfer under federal bankruptcy.state insolvency.or similarcreditors'rights lave or
(h) because the instrument of transler vesting'Matte as shown in Schedule A constitutes a preferential transfer under federal bankruptcy,state
insolvency.or similar creditors rights laws by reason of the Dilute of its recording in the Public Records
(i) to be timeh,or
(i i) to impart notice of its existence to a purchaser fur value or to a judgment or lien creditor.
10. Any defect in or lien or encumbrance on the title or other matter included in Coterel Risks I through 9 that has been created or attached or has
been Idled 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 ye is Title as.shown in Schedule A.
the Company will also pa) the costs attorneys' fees.and expenses incurred in defense w matter inert again<by tits Policy.but only to the
extent provided in the Conti iti ens.
EXCLUSIONS FROM COVERAGE
the following matters arc 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:
I. (a)An; law. ordnance permit or governmental gi l ttton (including those relating to building and zoning)restricting.regudaine, prohibiting,
or relating to
(i) the occupancy. use.or enjoyment of the Land;
(ii)the character.dimensions.or Ioealion of any improvement erected on the Land:
(iii)thc subdivision of land,or
(iv)environmental protection:
or the effect of any violation or these lugs. ordinances. r got erninental regulations. 'I his Exclusion I(al does not modify or limit the
coverage provided under Covered Risk 5.
(h)Any governmental police pow s Ilxclusiun I(l)does not modify or limit the coverage provided under Covered Risk 6.
_ . "'_Itiglusofeniiuent domain.'I his Exclusion does not modify or limit the coverage provided under Coffered Risk 7 or 8.
3.Detects liens.encumbrances.adverse claims.or other matters
(a)created.suffered.assumed,or agreed to by the Inured Claitnaut:
(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 ol'Policy:or
(c)resulting in loss or damage that would not have been sustained ifthe Insured Claimant had paid value Ihr the l itle.
J. Anv claim_ by reason of the opt alion of federal bankruptcy, state insolvency. or similar creditors' rights laws, that the transaction vesting the
l ide as shown in Schedule A.is
(a)a fraudulent conveyance or fraudulent transle;or
(b)a preferential transfer for any reason not staled in Covered Risk 9 of this policy.
5. Any hen on the title I r real estate taxes .ssstncnts imposed by governmental authority and created or attaching between Date of Polley and
the date or recording og the deed or other instrument of I ans12r in the Public Records that vests'lilk: shogn in Schedule A.
CONDITIONS
I.DEFINITION OF TERMS
lire following terms when used to this policy mean:
(a)"Amount of Insurance": File amount stated in Schedule A.as mat he increased or decreased h) endorsement to this policy.increased by Section 8th),or
decreased by Sections 10 and 11 ofthcse Conditions.
(b)"Date of policy"'.the date designated as"Date of Policy" in Schedule A.
(c)"Entity": A corporation,partnership,trust.limited liability company.or other similar legal entttp.
(Cl)Insured":The Insured named in Schedule A.
(i)the term"Insured" also includes
(A) successors to the Title of the Insured by operation of law as distinguished from purchase. including heirs, desisees, survivors, personal
representatives.or next of kin:
(B)successors to an Insured by dissolution,merger consolidation.distribution. nr reorganlaxl ion:
(C)successors to an Insured by its conversion to another kind of Entity:
(Ma grantee()Lan Insured under a deed delivered without paymcm()factual valuable consideration convey ing the 1 itle
(I)if the stock,shares.memberships.or other equal; interests of the grantee are wholly-owned by the named Insured.
FORM OF6(rev,12/10)(With Florida Modifications) Page 2 of 5
(2)if the grantee%%Amity owns the gam d Inserted.
(3)if the grantee is V4hulk-owned by an affiliated Filthy of the named Insured.provided the affiliated Entity-and the named Insured are both
wholly-owned h)the same person or tenth.Or
(1) if the grantee a trustee or beneficiary of a trust created by a written instrument established by the Insured named in Schedule A for estate
planning purposes.
(ii With regard to IA).(131. (C.), and (D) reserving. hossescr. all rights and defenses as to am. successor that the Company would hays had against
any predecessor Insured.
(e)"Insured Claimant":An Insured claiming loss or damage.
(t) "Knowledge" or "Known". Actual knowledge. not construct is e knowledge or notice that may he imputed to an Insured by reason of the
Public Records or any other records that impart constructive notice of matters affecting the"Lille.
(g) "I.and': the land described in Schedule A. and affixed improvements that by Ian constitute real properly. the term "land" does not
include any property beyond the lines of the area described in Schedule A, nor any right. title. interest. estate, or casement in abutting
streets, roads. avenues.alleys. lanes. wars or waterway.s but this does not modify or limit the extent that a right of access to and from
the Land is insured by Ibis policy.
(It)",Mortgage": Mortgage.deed of rust. rust deed.or other seeurib instrument,including one evidenced by electronic means authorized by
iaw.
(i) "Public Records": Records established under slate statutes at Dale of Policy fur the purpose of impartingconstructive notice of matters
relating to real propeny to purchasers for value and without Knowledge. With respect to Covered Risk 5(d), "Public Records" shall also
include environmental protection liens tiled in the records of the clerk of the United States District Court for the district where the I and
is located.
(I)"I idle"the estate or interest described in Schedule A.
(k) "tinmarketable'litle": title affected by an alleged or apparent matter that would permit a prospective purchaser or lessee of the I itle or
lender on the Title to be released from the obligation to purchase. lease.or lend if there is a contractual condition requiring the deliver)
of marketable title.
2.CONTINUATION OF INSURANCE
the coverage of this policy- shall continue in force as of Date f Policy in favor of an Insured.but only so long ay the Insured retains an estate or interest
in the Land or holds an obligation secured by a purchase money Mortgage given by a purchaser from the Insured, or only so long as the Insured shall
have liability by reason of warranties in any transfer or conveyance of the Title. this policy shall not continue in force in favor of any purchaser from the
Insured of either(i)an estate or interest in the Land.or(ii)an obligation securer by a purchase money Mortgage given to the Insured.
3.NOTICE.OF CLAIM TO BE GIVEN RV INSURED CLAIMANT
the Insured shall notify the Company promptly in writing Il in case of any litigation as set Sells in Section 5(al of these Conditions. (ii) in case
Knowledge shall come to an Insured hereunder of any claim of title orintcrcI that is adverse to the Title.as insured.and that night cause loss or damage
for which the Company may be liable by virtue of this policy, or (iii) if the 'tile. as insured, is rejected as lrnmarketablc Title. If the Company is
prejudiced by the tilure or the Insured (claimant to proside prompt notice. the Company's liability to the Insured Claimant under the policy shall be
reduced to the extent of the prejudice.
4.PROOF OF LASS
In the event the Conpans is unable to determine the amount of loss or damage. the Company may. at its option require as a condition H payment that the
Insured Claimant furnish a signed proof of loss. The proof of loss must describe the detect. lien. encumbrance. or other matter insured against by this
policy that constitutes the basis of loss or damage and shall star.to the extent possible.the basis of calculating the amount of thc loss or damage.
5.DEFENSE ANI)PROSECUTION OF ACTIONS
tat (Ipon written request by the Insured. and subject o the options contained in Section 7 of these Conditions,the Company.at its own cost and without
unreasonable delay.shall provide I'br the defense of an Insured in litigation in which any third party asserts a claimcovered by this policy adverse to
die Insured. This obligation is limited to only those stated causes of action alleging matters' srl against by this policy. lieCompany shall have the
right to select counsel of its choice(subject to the right of the Insured to object Rbr reasonable cause)to represent the Insured as to those stated causes
of action. It shall not be liable for and will not pay the l' s of any other counsel. the Company vvill not pay any fees.costs or expenses incurred by
the Insured in the defense of those causes of action that llege matters not insured against by this policy.
Iis) the Company shall have the right in addition to the options contained in Section 7 of these Conditions.at its own cost.to institute and prosecute any
action or proceeding or to do any other yet that in its opinion may be neecssnry or desirable to establish the rifle,as insured or to prevent or reduce
loss or damage to the Insured. the Company may take ans appropriate action under the terms of Ibis pot' ce whether or not it shall he liable to the
Insuret'I he exercise if these rights shall not be n admission of liability or vsaiser of any provision of this policy. lithe Company exercises is rights
under this subsection.it must do so diligently.
(c) Whenever the Company brings an action or asserts a defense as required or permitted by this policy,the Company may pursue the litigation to a final
determination by a court of competent jurisdiction.and it expressly reserves the right. in its sole discretion. to appeal emy ads erse judgment or order.
6.DET1'OF INSURED CLAIMANT TO COOPERATE
(a)In all cases where this policy permits or requires the C empany to prosecute or provide for the defense of any action or proceeding and any appeals.the
Insured shall secure to the Company the right to so prosecute or provide defense in the action or proceeding including the right to use,at its option,
the name of the Insured for this purpose. Whenever 'eqm sled by the Company. the Insured at the Company's expense, shall give the Company all
reasonable aid(it in securing evidence.obtaining witnesses.prosecuting or der nding the action or proceding or effecting settlement,and (ii)in any
other lawful act that in the opinion of the Company nss be necessary or desirable to establish the Title or any other matter as insured. lithe Company
is prejudiced by the failure ol'the Insured to 5emish the required cooperation. the Company's obligations to the Insured under lie policy shall
terminate, including any liability or obligation to defend. prosecute. or continue any litigation, with regard to the smatter or matters requiring such
cooperation.
FORM OF6(rev.12/10)(With Florida Modifications) Page 3 of 5
(h)'f he Company may reasonably require the Insured Claimant to submit to examination under oath by may authorized representative of the Company and
to produce for examination. inspection.Lind copying. at such sonable times and places as may he designated by the authorized representative of the
Company all records.in whatever medium rnintui net, including books. ledgers. checks. memoranda.correspondence.reports. e-mails, disks, tapes.
and videos whetter hearing Li dale before or after Date or Policy. that reasonably pertain to the loss or damage_Further_ if requested by any authorized
representative of the Company. the Insured Claimant shall gram its percussion_ in writing. Gar any auth ],cd representative of the Company to
examine. inspect. and copy all of these records in the custody or control of third piny that reasonably pertain to the loss or damage. All information
designated as confidential he the Insured Claimant pros bled to the Company pursuant to this Section shall not he disclosed to others unless. in the
reasonable judgment of the Company. it is necessary in the administration of the claim. Failure of the Insured Claimant to submit for examination
under oath. produce any reasonably requested information. or car t permission to secure reasonably necessary information from third panics as
required in this subsection, unless prohibited bs law or_oyernniental regulation.shall ter e"t any liability of the Company under this policy as to
that claim_
7.OPTIONS TO PAY OR OTHERWISE SETTLE CLAIMS:TERMINATION OF LIABILITY
In ease ofa claim under this policy,the Company shall has the following additional options:
eel To Pay or lender Payment ol'the Amount of Insurance.
l'o pay or tender payment of the Amount of Insurance under this policy together with any costs.attorneys' lees,and expenses incurred Iny the Insured
Claimant that were authorized by the Company up to the time of payment or tender of payment and that the Company is obligated to pay.
Upon the exercise by die Company oft is option.all liability and obligations of the Company to the Insured under this policy.other than to make the
payment required in this ub_ection,shall terminate.including any liability or obligation to defend.prosecute or continue any litigation.
(b)Ta Pay or Otherwise Settle With Parties Other Than the Insured or With the Insured Claimant_
(i)to pay or When settle with other parties for or in the name of an Insured Claimant any claim insured against under this policy III addition,the
ompany will pay any costs.attorneys' lees,and expenses incurred by the Insured Claimant that were authorized by the Company up to the time or
payment and that the Company is obligated to pay:or
(ii)to pay r otherwise settle with the Insured Claimant he loss or damage provided for under this policy,together with any costs.adorness fees,and
expenses incurred by the Insured Claimant that were authorized by the Company up to the time of payment and that the Company is obligated to
pas.
Upon the exercise by the Company of either of the options pros ided for in subsections(NO)or(ii). the Company's y's obligations to the Insured under
this policy for the claimed loss or damage, other th in the payments required to he made. shall terminate. including any liability or obligation to
defend,prosecute,or continue any litigation.
8,DETERMINATION AND EXTENT OF LIABILITY
This policy is a contract of indemnity against actual monetary loss or damage sustained or incurred by the Insured Claimant who has suffered loss or
damage by reason of matters insured against by this policy.
(al the extent of liability or the Company for loss or damage under this policy shall not exceed the lesser of
(it the Amount of Insurance or
(III Me difference between the Value of the Lille as insured and the value of the Title subject to the risk insured against by this policy.
(b)If the Company pursues its rights under Section 5 of these Conditions litions and is unsuccessful in establishing the I itle. us insured.
the Amount of Insurance shall be increased by 10%.and
(ii)the Insured Claimant shall haw the right to have the loss or damage determined either as of the date the claim was made by the Insured Claimant
or as of the date it is settled and paid.
(c)In addition to the extent of liability under la)and fhi.the Company will also pay those costs. attorneys'eys lees,and expenses incurred in accordance with
Sections 5 and 7 or these Condit tons.
9. LIMITATION OF LIABILITY
(a) If the Company establishes the Title,or removes the alleged detect, lief, or encumbrance. or vas the lack ofa right of access to or from the I nd.or
cures the claim of Om rkeeable"I isle.all as insured. in a reasonably diligent manner by any method. including litigation and the completion of any
appeals. it shall have fully performed its obligations with respect to that matter and shall not be liable for an: loss or damage caused to the Insured.
(b) In the event of any litigation. including litigation by the Company or with the Copan, consent, the Company shall have no liability for loss or
damage until there has been alinal determination by a court ol'competent jurisdiction.and disposition or all appeals,ache-use to lie Title.as insured.
(al"the Company shall not be liable for loss or damage to the Insured our liability voluntarily assumed by the Insured in setting any claim or suit without
the prior written consent of the Company.
10. REDUCTION OP INSURANCE; REDIICIION OR TERMINATION OF LIABILITY
All payments under this policy.except payments made for costs.attomcv lees.and expenses.shall reduce the Amount of Insurance by the amount ol'the
payment.
II.LIABILITY NONCUMULATIVE
The Amount of Insurance shall he reduced by any amount the Company Ins under am policy insuring a Mortgage to which exception is taken ill
Schedule IS or which tl a Insured has agreed, assumed.or taken subject or which is executed by an Insured alter Date of Policy and which is a charge
or lien on the itle,and the amount so paid shall be deemed a pay mem to the Insured under this policy.
12. PAYMENT OF LOSS
W hen liability and the extent of loss or damage base been definitely fixed in accordance ith these Conditions.the payment shall he made within 30 days.
13.RIGHTS OF RECOVERY UPON PAY MF.NT OR SETTLEMENT
(a)Whenever the Company shall have settled and paid a claim under this policyit shall he subrogated and entitled to the rights of the Insured Claimant
FORM OF6(rev.12/10)(With Florida Modifications) Page 4 of 5
in the ride and all other rights and remedies in respect to the claim that the Insured (lain I has against an) person or property.to the extent of the
amount of any loss. cost: attorneys' fees and expenses paid by the Company. If requested by the Company. the Insured Claimant shall execute
documents to evidence the transfer to the Cmnpum of these rights and remedies.The Insured Claimant shall permit the Company to sue.compromise.
or settle in the name of the Insured Claimant and to use the na ere of the Insured Claimant in any transaction or litigation involving these rights and
remedies. If payment 'n account of a claim does not fully coverthe loss of the Insured Claimant. the Company y shall defer the exercise of its right to
rceo'er until after the Insured Claimant shall have recovered its kiss.
(h) the Company's right ol'subrogation includes the rights of the Insured to indemnities.guaranties.other policies of insurance.or bonds.notwithstanding
any terms or conditions contained in those instruments thai nddtess subrogation rights.
16.ARBITRATION
Inless prohibited by applicable Ica. arbitration pursuant to the 1 itle Insurance Arbitration Rules of the American Arbitration Association may be
demanded if agreed to bv both the(Minivan) and the Insured at the time of the controversy o r claim.Arbitrable mailers may include. but are not limited to,
any controversy or claim between the Company mid the Insured arising out of or relating to this pricy.and set lce of the Company in connection with its
issuance or the breach ofa policy provision or other obligation_Arbitration pursuant to this policy and under the Rules in effect on the date the demand
for arbitration is made or. at the option of the Insured. the Rules in elket at Dale of Policy shall be binding upon the parties The award may include
attorneys fees only if the laws of the state in which the Land is located permit a court to nvrard attorneys Is_ tot prevailing party. Judgment upon the
award rendered by the Arbitrator Is)may he entered in any court haying jtn'isdiction thereof
The law of the situs of the land shall apply to an arbitration under the Title Insurance Arbitration Rules.
A copy of the Rules may he obtained from the Company upon request.
15.LIABILITt LIMITED TO THIS POLICY: POLICY ENTIRE CONTRACT
tat This polio together with all endorsements, if any, attached to it by. the Company is the entire policy and contract between the Insured and the
Company_In interpreting am provision of this policy.this policy shall be construed av a whole.
(h)Any claimn of loss or damage that arises out of the SWUM of the Title or by any action assub v such claim whether or not based on negligence shall he
restricted to this policy_
(c)Any amendment of or endorsement to this policy must be in writing and authenticated hs an authori'ed person.or expressly incorporated by Schedule
A of this policy.
(d) lath endorsement to this p ley issued at any time is made a part of this policy and is subject to all r t h. I erms and provisions hxcept as the
endorsement expressly states, it does not(i) modilg any ol'the terms and provisions of the policy. (it) modify any prior endorsement. (iii)extend the
Date of Fogey_or(fry increase the:Amount of Insurance.
16.SEVERABILITY
In the event any provision of this polic)_ in whole or in pan.is held invalid or unenlorceahle under applicable law. the policy shall be deemed not to
include that pro v tsion or such part held to he invalid. hut all other provisions shall remain in full Mince and elkct.
17.CHOICE OF LAW: FORUM
(a) Choice of Law: the Insured acknowledges the Company has underwritten the risks covered by this policy and determined the premium charged
therefbr in reliance upon the law affecting interests in real property and applicable to the interpretation.rights. remedies.edies.or enforcement of policies of
title insurance of the jurisdiction where the Land iff located.
l here(arc the court or an arbitrator shall apply the law of the Jurisdiction where the Land is located to determine the validity of claims against the
I itle that are adverse to the Insured and to interpret and enforce the terms of this policy. In itl r ease shall the curt or arbitrator apply its conflicts
of law principles to determine the applicable law.
Ih)Choice of Forum:Any litigation or other proceeding brought by the Insured against the Company must be tiled only in a state or federal court within
the United States of America or its territories having appropriate jurisdiction.
IS.NOTICES,WHERE SENT
.Any notice of claim and any other notice or statement to writing required to he given to the Company under this policy must be given to the Company at
400 Second Avenue South.Minneapolis Minnesota 55401-2499_Phone 16121371-1111_
FORM OH(rev.'I2 10)(With Florida Modifications) Page 5 of 5
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Old Republic National Title Insurance Company
OWNER'S POLKY
Schedule A
Policy No.: Date of Policy: Agents File Reference:
OF6-876492 1 January 10,2020 @ 01:00 PM 19-290
Amount of Insurance: $1,500,000.00 Premium: $6,325.00
Address Reference: 2945-2975 Overseas Hwy. Marathon, FL 33050
I. Name of Insured: Monroe County, Florida,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.2251494 in Official Records Book 3003, Page 403,of the Public Records of Monroe County, Florida.
3. Title is vested in: Monroe County, Florida,a Political subdivision of the State of Florida
4. The Land referred to in this policy is described as follows:
Lots A2, B2 and C, Sombrero Subdivision No. 6, according to the Plat thereof, recorded in Plat Book 2,
Page 93 of the Public Records of Monroe County, Florida.
Old Republic National Title Insurance Company
400 Second Avenue South,Minneapolis,Minnesota 55401, (612)171-1111
Agent No.: 27363
Issuing Agent:
Wolfe Stevens
6807 Overseas Highway
Marathon,FL 33050
nt's Signature
B10120118 Page I of 2
Form OF6-SCH-A (rev. 1240)(1VOh Florida Modifications) DoubleTime64 8.5
ENDORSEMENT
Old Republic National Title Insurance Company
Endorsement No. Ito Policy No.: OFo-8764921
Name of Original Insured: Monroe County,Florida,a Political subdivision of the State of Florida
Original Effective Date: January 10,2020 at 01:00 PM
Original Amount of Insurance: $1,500,000.00 Agents File Reference: 19-290
Current Amount of Insurance: $1,500,000.00
The policy is hereby amended as follows:
Schedule B is here by amended as follows:
The following exceptions are deleted: 7, 13 and 14.
(Continue text of endorsement on separate continuation sheet if necessary.)
but in all other respects remains unchanged.
Wolfe Stevens PLLC May 5,2020 27363
Name of Agent Date Agent No.
Old Republic National Title Insurance
Company
By Carolyn Monroe
Agent's Signa President
Form F Endorsement hev. 12'10) Page I of I
File Number: 19-290 DoubleTime®8.5
Old Republic National Title Insurance Company
OWNER'S POLICY
Schedule B
Policy No.: Agent's File Reference:
0F6-8764921 19-290
This policy does not insure against loss or damage, and the Company will not pay costs,attorneys'fees,or expenses that arise
by reason of:
I. General or special taxes and assessments required to be paid in the year 2020 and subsequent years.
2. Rights or claims of parties in possession not recorded in the Public Records.
3. Any encroachment,encumbrance,violation,variation or adverse circumstance that would be disclosed by an inspection
or an accurate and complete land survey of the Land and inspection of the Land.
4. Easements or claims of easements not recorded in the Public Records.
5. Any lien,or right to a lien, for services, labor or material furnished, imposed by law and not recorded in the Public
Records.
6. Any adverse ownership claim by the State of Florida by right ofsovereigin> to any portion of the Land(s) insured
hereunder, including submerged, filled and artificially exposed lands,and lands accreted to such lands.
7. Any lien provided by County Ordinance or by Chapter 159, F.S., 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.
8. State Law under Chapter 76-190 and Chapter 22F-8.02 of the Florida Administrative Code for Land Planning for the
Florida Keys Area of Critical State Concern,recorded in O.R. Book 668, Page 43, Public Records of Monroe County,
Florida.
9. 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 adding Section 161.052;providing a setback line for coastal construction
and excavation; providing for the granting of variance by the Department of Natural Resources,providing penalties,
and providing an effective date.
10. Riparian and littoral rights are not insured.
I I. The right of the United States Government, in the interest of navigation and commerce,to regulate any portion ofthe
Land that was formerly submerged by navigable waters.
12. Any portion of the Land lying waterward of the mean high water line of canal,and lands accreted thereto.
13. Rights of the lessees under unrecorded leases
14. Any loss or damage for unpaid assessments pursuant to Sec. 718.116(1)(a), F.S.,notwithstanding any assurances to
the contrary in any attached ALTA Endorsement 4.1-06 or 5.1-06 as to the owner's policy.
15. Standard Exceptions 2 and 5 are hereby deleted.
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Form OP 6-SCH-9(rev. 1240)(Whb Florida Modifications; OoubleTime®8.5