Schedule A 1. Effective Date: August 31, 2012 at 08:00 AM File Number: HU12081663CO The policy or policies to be issued are: 2. Amount (a) Owner's Policy: ALTA Own. Policy (06/17/06) Proposed Insured: To Be Determined Amount To Be Determined (b) Loan Policy: ALTA Loan Policy (06/17/06) Proposed Insured: To Be Determined Amount To Be Determined 3. The estate or interest in the land described or referred to in this is Fee Simple. 4. Title to the Fee Simple estate or interest in the land is at the Effective Date vested in: Karl A Tolley and Terri M Tolley, husband and wife, for their joint lives, remainder to the survivor of them, by deed filed for record July 16, 2007 in Book 1007, Page 422 of the Marion County Records.. 5. The land referred to in this is described as follows: See Exhibit A - Legal Description attached hereto. ORT Form 4308 A Schedule A ALTA for Title Insurance
Schedule B - Section I REQUIREMENTS File Number: HU12081663CO Effective Date: August 31, 2012 The following are the requirements to be complied with: a. Instruments necessary to create the estate or interest to be insured must be properly executed, delivered and duly filed for record. Any instrument of conveyance creating an insured interest must comply with local rules on descriptions and conveyances pursuant to Sections 315.251 and 319.203 of the Ohio Revised Code. b. Payment of the full consideration to, or for the account of the grantors or mortgagors should be made. c. Payment of taxes, charges, and assessments levied and assessed against subject premises, which are due and payable. d. Owners/Sellers Affidavit covering matters of title in a form acceptable to the Company. e. Receipt of proof of corporate status, or limited liability company status, or partnership status, and all agreement(s), and necessary consents, authorizations, resolutions, notices and corporate/company/partnership actions have been conducted, given or properly waived relating to the transaction to be insured, including entity resolution(s) authorizing and designating appropriate officers/members/or partners to execute any and all necessary documents. f. Survey satisfactory to the Company be provided, if survey exceptions are to be deleted. g. If a Zoning Endorsement is requested, the following is required: A letter from Planning and Zoning and/or ALTA/ACSM survey setting forth items 2 (b) (i-v) from the endorsement and surveyor's certification that there are no violations. h. Further exceptions and/or requirements may be made upon review of the proposed documents and/or upon further ascertaining the details of the transaction. i. Payment and release of Open-End Mortgage from Karl A. Tolley and Terri M. Tolley, husband and wife, to Sky Bank, in the maximum amount of $25,000.00, dated August 3, 2007, filed for record August 16, 2007, in Book 1013, Page 154, of the Marion County Records. Assignment of Rents from Karl A. Tolley and Terri M. Tolley, husband and wife, to Sky Bank, filed for record August 16, 2007, in Book 1013, Page 162, of the Marion County Records. j. Payment and release of Open-End Mortgage from Karl A. Tolley and Terri M. Tolley, husband and wife, to The Huntington National Bank, in the maximum amount of $71,424.98, dated July 30, 2008, filed for record August 22, 2008, in Book 1063, Page 474, of the Marion County Records. Assignment of Rents from Karl A. Tolley and Terri M. Tolley, husband and wife, to The Huntington National Bank, filed for record August 22, 2008, in Book 1063, Page 481, of the Marion County Records. k. Payment and release of Open-End Mortgage from Karl A. Tolley and Terri M. Tolley, husband and wife, to The Huntington National Bank, in the maximum amount of $10,000.00, dated July 30, 2008, filed for record August 22, 2008, in Book 1063, Page 486, of the Marion County Records. Assignment of Rents from Karl A. Tolley and Terri M. Tolley, husband and wife, to The Huntington National Bank, filed for record August 22, 2008, in Book 1063, Page 493, of the Marion County Records. ORT Form 4308 BI Schedule B I
Schedule B-I (Continued) File Number: HU12081663CO The mortgage set forth above is purported to be a "Credit Line" mortgage. It is a requirement that the Mortgagor of said mortgage provide written authorization to close said credit line account to the Lender when the mortgage is being paid off through the Company or other Settlement/Escrow Agent or provide a satisfactory subordination of this mortgage to the proposed mortgage to be recorded at closing. l. Proper deed from Karl A Tolley and Terri M Tolley, husband and wife, for their joint lives, remainder to the survivor of them, to TBD. m. Properly executed, notarized, and recorded mortgage from TBD to To be Determined. ORT Form 4308 BI Schedule B I
Schedule B - Section II EXCEPTIONS File Number: HU12081663CO Effective Date: August 31, 2012 The policy or policies to be issued will contain exceptions to the following unless the same are disposed of to the satisfaction of the Company. 1. Defects, liens, encumbrances, adverse claims or other matters, if any, created, first appearing in the public records or attaching subsequent to the effective date hereof but prior to the date the proposed Insured acquires for value of record the estate or interest or mortgage thereon covered by this. 2. Any facts, rights, interests, or claims that are shown in the public records but that could be ascertained by an inspection of the land or by making inquiry of persons in possession of the land. 3. Any encroachment, encumbrance, violation, or adverse circumstance affecting the title including discrepancies, conflicts in boundary lines, shortage in area, or any other facts that would be disclosed by an accurate and complete land survey of the land, and that are not shown in the public records. 4. Any lien, or right to a lien, for services, labor or material theretofore or hereafter furnished, imposed by law and not shown in the public records. 5. Rights of parties in possession of all or any part of the premises, including, but not limited to, easements, claims of easements or encumbrances that are not shown in the public records. 6. Subject to any oil and/or gas lease, pipeline agreement, or other instrument related to the production or sale of oil or natural gas which may arise subsequent to the Date of Policy. 7. The lien of real estate taxes or assessments imposed on the title by a governmental authority that are not shown as existing liens in the records of any taxing authority that levies taxes or assessments on real property or in the public records. 8. No liability is assumed for tax increases occasioned by retroactive revaluation change in land usage, or loss of any homestead exemption status for insured premises. 9. Any inaccuracy in the specific quantity of acreage contained on any survey if any or contained with the legal description of premises insured herein. 10. Any covenant, condition or restriction referred to herein indicating a preference, limitation or discrimination based on race, color, religion, sex, handicap, familial status or national origin is omitted as provided in 42 U.S.C. Section 3604, unless and only to the extent that the restriction (a) is not in violation of state or federal law, (b) is exempt under 42 U.S.C. Section 3607, or (c) related to handicap, but does not discriminate against handicapped people. 11. Covenants, conditions and restrictions and other instruments recorded in the public records and purporting to impose a transfer fee or conveyance fee payable upon the conveyance of a interest in real property or payable for the right to make or accept such a transfer, and any and all fees, liens or charges, whether recorded or unrecorded, if any, currently due payable or that will become due or payable, and any other rights deriving therefrom, that are assessed pursuant thereto. 12. Oil, gas, coal and other mineral interests together with the rights appurtenant thereto whether created by deed, lease, grant, reservation, severance, sufferance or exception. 13. Any lease, grant, exception or reservation of minerals or mineral rights together with any rights appurtenant thereto. ORT Form 4308 BII Schedule B II
Schedule B-Section II (Continued) File Number: HU12081663CO 14. Taxes for the year of 2012 and subsequent years are a lien, but are not yet due and payable. The County Treasurer's General Tax Records for the tax year 2011 are as follows PPN 12-411000.0300 Taxes for the first half are paid. Taxes for the second half are paid. Per half amount $875.59. The above amount includes the following special assessments: Assessment for Scioto River in the amount of $1.00 per half year. ORT Form 4308 BII Schedule B II
Exhibit A - Legal Description File Number: HU12081663CO Effective Date: August 31, 2012 Situated in the City of Marion, County of Marion and State of Ohio and being more particularly described as follows: Being Lot Number One Thousand Nine Hundred Two (1902) in Sargent's Addition to the City of Marion, Ohio. 463 E. Center St. Marion, OH 43302 PPN: 12-411000.0300 Exhibit A-Legal Description ALTA for Title Insurance