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Form 5011000 (7-1-14)Page 1 of 2 ALTA Plain Language Commitment (6-17-06) <br /> <br />Title Insurance Commitment <br />ISSUED BY <br />First American Title Insurance CompanyCommitment <br />AGREEMENT TO ISSUE POLICY <br />We agree to issue policy to you according to the terms of the Commitment. When we show the policy amount and your name as the proposed <br />insured in Schedule A, this Commitment becomes effective as of the Commitment Date shown in Schedule A. <br />If the Requirements shown in this Commitment have not been met within six months after the Commitment Date, our obligation under this <br />Commitment will end. Also, our obligation under this Commitment will end when the Policy is issued and then our obligation to you will be under the <br />Policy. <br />Our obligation under this Commitment is limited by the following:The Provisions in Schedule A.The Requirements in Schedule B-I.The Exceptions in Schedule B-II.The Conditions on Page 2. <br />This Commitment is not valid without SCHEDULE A and Sections I and II of SCHEDULE B. <br /> (This Commitment is valid only when Schedules A and B are attached)This jacket was created electronically and constitutes an original document <br />Copyright 2006-2009 American Land Title Association. All rights reserved. The use of this form is restricted to ALTA licensees and ALTA members in good standing as of the date of use. <br />All other uses are prohibited. Reprinted under license from the American Land Title Association. <br />INFORMATION <br />The Title Insurance Commitment is a legal contract between <br />you and the Company. It is issued to show the basis on which <br />we will issue a Title Insurance Policy to you. The Policy will <br />insure you against certain risks to the land title, subject to the <br />limitations shown in the Policy. <br />The Company will give you a sample of the Policy form, if you <br />ask. <br />The Policy contains an arbitration clause. All arbitrable matters <br />when the Amount of Insurance is $2,000,000 or less shall be <br />arbitrated at the option of either the Company or you as the <br />exclusive remedy of the parties. You may review a copy of the <br />arbitration rules at http://www.alta.org/. <br />The Commitment is based on the land title as of the <br />Commitment Date. Any changes in the land title or the <br />transaction may affect the Commitment and the Policy. <br />The Commitment is subject to its Requirements, Exceptions <br />and Conditions. <br />THIS INFORMATION IS NOT PART OF THE TITLE <br />INSURANCE COMMITMENT. YOU SHOULD READ THE <br />COMMITMENT VERY CAREFULLY. <br />If you have any questions about the Commitment, contact: <br />FIRST AMERICAN TITLE INSURANCE COMPANY <br />1 First American Way, Santa Ana, California 92707 <br />TABLE OF CONTENTS <br />AGREEMENT TO ISSUE POLICY 1 <br />CONDITIONS 2 <br />SCHEDULE A Insert <br />1. Commitment Date <br />2.Policies to be Issued, Amounts <br />and Proposed Insureds <br />3. Interest in the Land and Owner <br />4.Description of the Land <br />SCHEDULE B-I – REQUIREMENTS Insert <br />SCHEDULE B-II – EXCEPTIONS Insert <br />First American Title Insurance Company <br />Dennis J. Gilmore <br />President <br />Jeffrey S. Robinson <br />Secretary