Timeshare Division

3993 Howard Hughes Pkwy, Suite 400

Las Vegas, Nevada 89169
Phone (702) 978-4246
FL WATS (888) 491-1120
Web Site: www.equitylandtitle.com

September 14, 2023

Eileen Novoa
61 BUSH AVE.
STATEN ISLAND , NY 10303

Re: Grandview at Las Vegas

GM ID -- 1748300

Enclosed herein please find the following documents for your records only. If you have any questions or
concerns pertaining to your purchase at Grandview at Las Vegas please call the resort.

1. Recorded Warranty Deed, with recorded Deed of Trust, if applicable. This document is recorded in the
public records of Clark County, Nevada. It is an official record of your ownership at the resort.

2. Owner's Policy of Title Insurance.

This entire policy provides valuable title protection. We suggest that you keep it in a safe place where it will be
readily available for future reference.
For information regarding your maintenance fees and taxes or the payoff of your loan, please contact your developer.

Sincerely,
EQUITY LAND TITLE, LLC

Sarah Sorbello
Project Manager - Escrow
Enclosures
Esc/173514
 Owner’s Policy of Title Insurance
Nevada (WRE) - 2021 v. 01.00 (07-01-2021)

ALTA OWNER’S POLICY OF TITLE INSURANCE

issued by
FIRST AMERICAN TITLE INSURANCE COMPANY

This policy, when issued by the Company with a Policy Number and the Date of Policy, is valid even if this
policy or any endorsement to this policy is issued electronically or lacks any signature.

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 Condition 17.

COVERED RISKS

SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE EXCEPTIONS FROM COVERAGE CONTAINED IN
SCHEDULE B, AND THE CONDITIONS, FIRST AMERICAN TITLE INSURANCE COMPANY, a Nebraska
corporation (the “Company”), insures as of the Date of Policy and, to the extent stated in Covered Risks 9 and 10,
after the Date of Policy, against loss or damage, not exceeding the Amount of Insurance, sustained or incurred by
the Insured by reason of:

1. The Title being vested other than as stated in Schedule A.

2. Any defect in or lien or encumbrance on the Title. Covered Risk 2 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. the failure of a person or Entity to have authorized a transfer or conveyance;
iii. a document affecting the Title not properly authorized, created, executed, witnessed, sealed,
acknowledged, notarized (including by remote online notarization), or delivered;
iv. a 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 the failure to
have performed those acts by electronic means authorized by law;
vii. a defective judicial or administrative proceeding; or
viii. the repudiation of an electronic signature by a person that executed a document because the
electronic signature on the document was not valid under applicable electronic transactions law.
b. the lien of real estate taxes or assessments imposed on the Title by a governmental authority due or
payable, but unpaid.
c. the effect on the Title of an encumbrance, violation, variation, adverse circumstance, boundary line
overlap, or encroachment (including an encroachment of an improvement across the boundary lines of
the Land), but only if the encumbrance, violation, variation, adverse circumstance, boundary line
overlap, or encroachment would have been disclosed by an accurate and complete land title survey of
the Land.

3. Unmarketable Title.

4. No right of access to and from the Land.

Copyright 2021 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.
Form 50136932 (8-2-22) Page 1 of 11
 Owner’s Policy of Title Insurance
ISSUED BY

First American Title Insurance Company

POLICY NUMBER

Schedule A 50136932-800882

Name and Address of Title Insurance Company:

First American Title Insurance Company, 1 First American Way, Santa Ana, California 92707

File No.: 1748300

Address Reference: Grandview at Las Vegas

Amount of Insurance: 21,990.00 Premium: 80.00

Date of Policy: 08/24/2023

1. Name of Insured:
Eileen Novoa

2. The estate or interest in the Land that is insured by this policy is: FEE SIMPLE

3. Title is vested in:

Eileen Novoa by that certain deed dated 4/18/2023 and recorded in Official Records Book 20230824 at Page 990 of the
Public Records of Clark County, NV.

4. The Land referred to in this policy is described as follows:

Inventory Control Number: 020505A51A Unit Type: 1 Bedroom Week No.: 51 Unit Number: 02 \ 0505A Frequency: Annual PARCEL
A: An undivided 1/117,312 fee interest in and to that certain real property in Clark County, State of Nevada, legally described as
follows: A PORTION OF THE SOUTH HALF (S 1/2) OF THE NORTHEAST QUARTER (NE 1/4) OF SECTION 29, TOWNSHIP 22
SOUTH, RANGE 61 EAST, M.D.M., CLARK COUNTY, NEVADA, DESCRIBED AS FOLLOWS: COMMENCING AT THE
NORTHEAST CORNER OF THE SOUTHWEST QUARTER (SW 1/4) OF SAID NORTHEAST QUARTER (NE 1/4); THENCE
SOUTH 87°42`09" WEST ALONG THE NORTH LINE OF SAID SOUTHWEST QUARTER (SW 1/4), A DISTANCE OF 649.79 FEET
TO THE WEST LINE OF THE EAST HALF (E 1/2) OF SAID SOUTHWEST QUARTER (SW 1/4); THENCE SOUTH 02°12`53"
WEST DEPARTING SAID NORTH LINE AND ALONG SAID WEST LINE, COINCIDENT WITH THE CENTERLINE OF
ENTSWORTH STREET (WIDTH VARIES), 916.94 FEET; THENCE SOUTH 87°47`07" EAST DEPARTING SAID WEST LINE AND
SAID CENTERLINE, 30.00 FEET TO THE EASTERLY RIGHT-OF-WAY LINE OF SAID ENTSWORTH, BEING TO THE POINT OF
BEGINNING; THENCE NORTH 02°12`53" EAST ALONG SAID EASTERLY RIGHT-OF-WAY LINE, 875.35 FEET TO THE
BEGINNING OF A CURVE CONCAVE SOUTHEASTERLY, HAVING A RADIUS OF 15.00 FEET; THENCE NORTHEASTERLY
22.38 FEET DEPARTING SAID EASTERLY RIGHT-OF-WAY LINE AND ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF
85°29`17" TO THE SOUTHERLY RIGHT-OF-WAY LINE OF LEBARON AVENUE (60 FEET WIDE); THENCE NORTH 87°42`09"
EAST ALONG SAID SOUTHERLY RIGHT-OF-WAY LINE, 1799.90 FEET TO THE WESTERLY RIGHT-OF-WAY LINE OF LAS
VEGAS BOULEVARD (WIDTH VARIES); THENCE DEPARTING SAID SOUTHERLY RIGHT-OF-WAY LINE AND ALONG SAID
WESTERLY RIGHT-OF-WAY LINE, THE FOLLOWING SIX (6) COURSES: (1) SOUTH 02°17`51" EAST ALONG A RADIAL LINE,
5.00 FEET TO THE BEGINNING OF A CURVE CONCAVE SOUTHWESTERLY, HAVING A RADIUS OF 25.00 FEET; (2)
SOUTHEASTERLY 40.38 FEET ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 92°32`38"; (3) SOUTH 00°13`35"
WEST, 305.82 FEET TO THE BEGINNING OF A CURVE CONCAVE NORTHWESTERLY, HAVING A RADIUS OF 94.50 FEET; (4)
SOUTHWESTERLY 36.83 FEET ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 22°19`54" TO THE BEGINNING OF A
REVERSE CURVE CONCAVE SOUTHWESTERLY, HAVING A RADIUS OF 105.50 FEET, A RADIAL LINE TO SAID BEGINNING

Form 5011400-A (7-1-14) Page 1 of 2 ALTA Owner’s Policy of Title Insurance (6-17-06)
Schedule A
 BEARS NORTH 67°26`31" WEST; (5) SOUTHWESTERLY 41.12 FEET ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF
22°19`54"; (6) SOUTH 00°13`35" WEST, 150.00 FEET TO THE BEGINNING OF A CURVE CONCAVE NORTHWESTERLY
HAVING A RADIUS OF 25.00 FEET; THENCE SOUTHWESTERLY 38.40 FEET DEPARTING SAID WESTERLY LINE AND ALONG
SAID CURVE THROUGH A CENTRAL ANGLE OF 88°00’04” TO THE NORTHERLY RIGHT-OF-WAY LINE OF JO RAE AVENUE
(60 FEET WIDE); THENCE ALONG SAID NORTHERLY RIGHT-OF-WAY LINE, THE FOLLOWING SEVEN (7) COURSES: (1)
SOUTH 88°13’39” WEST, 1059.33 FEET TO THE BEGINNING OF A CURVE CONCAVE SOUTHEASTERLY, HAVING A RADIUS
OF 1030.00 FEET; (2) SOUTHWESTERLY 85.19 FEET ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 4°44’20”; (3)
SOUTH 83°29’19” WEST, 166.26 FEET TO THE BEGINNING OF A CURVE CONCAVE SOUTHEASTERLY, HAVING A RADIUS
OF 210.00 FEET; (4) SOUTHWESTERLY 186.40 FEET ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 50°51’27”; (5)
SOUTH 32°37’52” WEST, 49.85 FEET TO THE BEGINNING OF A CURVE CONCAVE NORTHWESTERLY, HAVING A RADIUS OF
30.00 FEET; (6) SOUTHWESTERLY 24.29 FEET ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 46°23’50” TO THE
BEGINNING OF A REVERSE CURVE CONCAVE SOUTHEASTERLY, HAVING A RADIUS OF 57.00 FEET, A RADIAL LINE TO
SAID BEGINNING BEARS NORTH 10°58’18” WEST; (7) SOUTHWESTERLY 134.92 FEET ALONG SAID CURVE THROUGH A
CENTRAL ANGLE OF 135°37’26” TO THE BEGINNING OF A NON-TANGENT CURVE CONCAVE NORTHWESTERLY, HAVING A
RADIUS OF 150.00 FEET, A RADIAL LINE TO SAID BEGINNING BEARS SOUTH 51°33’48” EAST; THENCE SOUTHWESTERLY
130.35 FEET DEPARTING SAID NORTHERLY RIGHT-OF-WAY LINE AND ALONG SAID CURVE THROUGH A CENTRAL ANGLE
OF 49°47’27”; THENCE SOUTH 88°13’39” WEST, 189.82 FEET TO THE POINT OF BEGINNING. SAID PROPERTY IS FURTHER
DESCRIBED IN THE DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS FOR GRANDVIEW AT LAS VEGAS
RECORDED JULY 31, 2003 IN BOOK 20030731 OF OFFICIAL RECORDS AS INSTRUMENT NO. 01742 (THE “DECLARATION”).
EXCEPTING THEREFROM THOSE CERTAIN EASEMENTS DESCRIBED IN ARTICLE XI OF THE DECLARATION. ALSO
EXCEPTING THEREFROM THE NON-EXCLUSIVE RIGHTS TO USE THE “COMMON AREAS” AS DEFINED IN THE
DECLARATION. PARCEL B: THE EXCLUSIVE RIGHT AND EASEMENT TO USE AND OCCUPY A “DEDICATED UNIT” OF THE
UNIT TYPE DESCRIBED ABOVE AND THE “COMMON FURNISHINGS” THEREIN, TOGETHER WITH THE NON-EXCLUSIVE
RIGHT TO OCCUPY THE “COMMON AREA” IN PARCEL A ABOVE DURING THE WEEK NO. IDENTIFIED ABOVE, ON AN
ANNUAL, BIENNIAL, OR TRIENNIAL BASIS, AS IDENTIFIED ABOVE, PROVIDED THAT SUCH USE PERIODS ARE FIRST
RESERVED IN ACCORDANCE WITH THE DECLARATION AND THE “RULES AND REGULATIONS”, AS EACH OF SAID TERMS
ARE DEFINED IN THE DECLARATION REFERRED TO ABOVE. PARCEL C: ALL RIGHTS OF MEMBERSHIP IN GRANDVIEW AT
LAS VEGAS OWNERS ASSOCIATION, A NEVADA NON-PROFIT, NONSTOCK CORPORATION (“ASSOCIATION”), WHICH ARE
APPURTENANT TO THE INTERESTS DESCRIBED IN PARCELS A AND B UNDER THE DECLARATION AND BYLAWS OF THE
ASSOCIATION.

EQUITY LAND TITLE, LLC

By: ____________________________________________
Authorized Countersignature
(This Schedule A valid only when Schedule B is attached)

Esc/ 173514

Form 5011400-A (7-1-14) Page 2 of 2 ALTA Owner’s Policy of Title Insurance (6-17-06)
Schedule A
 EXHIBIT A
PARCEL A: A PORTION OF THE SOUTH HALF (S 1/2) OF THE NORTHEAST QUARTER (NE 1/4) OF SECTION 29, TOWNSHIP 22
SOUTH, RANGE 61 EAST, M.D.M., CLARK COUNTY, NEVADA, DESCRIBED AS FOLLOWS: COMMENCING AT THE NORTHEAST
CORNER OF THE SOUTHWEST QUARTER (SW 1/4) OF SAID NORTHEAST QUARTER (NE 1/4); THENCE SOUTH 87°42`09" WEST
ALONG THE NORTH LINE OF SAID SOUTHWEST QUARTER (SW 1/4), A DISTANCE OF 649.79 FEET TO THE WEST LINE OF THE
EAST HALF (E 1/2) OF SAID SOUTHWEST QUARTER (SW 1/4); THENCE SOUTH 02°12`53" WEST DEPARTING SAID NORTH LINE
AND ALONG SAID WEST LINE, COINCIDENT WITH THE CENTERLINE OF ENTSWORTH STREET (WIDTH VARIES), 916.94 FEET;
THENCE SOUTH 87°47`07" EAST DEPARTING SAID WEST LINE AND SAID CENTERLINE, 30.00 FEET TO THE EASTERLY RIGHT-
OF-WAY LINE OF SAID ENTSWORTH, BEING TO THE POINT OF BEGINNING; THENCE NORTH 02°12`53" EAST ALONG SAID
EASTERLY RIGHT-OF-WAY LINE, 875.35 FEET TO THE BEGINNING OF A CURVE CONCAVE SOUTHEASTERLY, HAVING A RADIUS
OF 15.00 FEET; THENCE NORTHEASTERLY 22.38 FEET DEPARTING SAID EASTERLY RIGHTOF- WAY LINE AND ALONG SAID
CURVE THROUGH A CENTRAL ANGLE OF 85°29`17" TO THE SOUTHERLY RIGHT-OF-WAY LINE OF LEBARON AVENUE (60 FEET
WIDE); THENCE NORTH 87°42`09" EAST ALONG SAID SOUTHERLY RIGHT-OF-WAY LINE, 1799.90 FEET TO THE WESTERLY
RIGHT-OF-WAY LINE OF LAS VEGAS BOULEVARD (WIDTH VARIES); THENCE DEPARTING SAID SOUTHERLY RIGHT-OF-WAY
LINE AND ALONG SAID WESTERLY RIGHTOF- WAY LINE, THE FOLLOWING SIX (6) COURSES: (1) SOUTH 02°17`51" EAST ALONG
A RADIAL LINE, 5.00 FEET TO THE BEGINNING OF A CURVE CONCAVE SOUTHWESTERLY, HAVING A RADIUS OF 25.00 FEET; (2)
SOUTHEASTERLY 40.38 FEET ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 92°32`38"; (3) SOUTH 00°13`35" WEST,
305.82 FEET TO THE BEGINNING OF A CURVE CONCAVE NORTHWESTERLY, HAVING A RADIUS OF 94.50 FEET; (4)
SOUTHWESTERLY 36.83 FEET ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 22°19`54" TO THE BEGINNING OF A
REVERSE CURVE CONCAVE SOUTHWESTERLY, HAVING A RADIUS OF 105.50 FEET, A RADIAL LINE TO SAID BEGINNING BEARS
NORTH 67°26`31" WEST; (5) SOUTHWESTERLY 41.12 FEET ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 22°19`54";
(6) SOUTH 00° 13`3 5" WEST, 150.00 FEET TO THE BEGINNING OF A CURVE CONCAVE NORTHWESTERLY HAVING A 150.00
FEET TO THE BEGINNING OF A CURVE CONCAVE NORTHWESTERLY HAVING A RADIUS OF 25.00 FEET; THENCE
SOUTHWESTERLY 38.40 FEET DEPARTING SAID WESTERLY LINE AND ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF
88°00’04” TO THE NORTHERLY RIGHT-OF-WAY LINE OF JO RAE AVENUE (60 FEET WIDE); THENCE ALONG SAID NORTHERLY
RIGHT-OF-WAY LINE, THE FOLLOWING SEVEN (7) COURSES: (1) SOUTH 88°13’39” WEST, 1059.33 FEET TO THE BEGINNING
OF A CURVE CONCAVE SOUTHEASTERLY, HAVING A RADIUS OF 1030.00 FEET; (2) SOUTHWESTERLY 85.19 FEET ALONG
SAID CURVE THROUGH A CENTRAL ANGLE OF 4°44’20”; (3) SOUTH 83°29’19” WEST, 166.26 FEET TO THE BEGINNING OF A
CURVE CONCAVE SOUTHEASTERLY, HAVING A RADIUS OF 210.00 FEET; (4) SOUTHWESTERLY 186.40 FEET ALONG SAID
CURVE THROUGH A CENTRAL ANGLE OF 50°51’27”; (5) SOUTH 32°37’52” WEST, 49.85 FEET TO THE BEGINNING OF A
CURVE CONCAVE NORTHWESTERLY, HAVING A RADIUS OF 30.00 FEET; (6) SOUTHWESTERLY 24.29 FEET ALONG SAID
CURVE THROUGH A CENTRAL ANGLE OF 46°23’50” TO THE BEGINNING OF A REVERSE CURVE CONCAVE SOUTHEASTERLY,
HAVING A RADIUS OF 57.00 FEET, A RADIAL LINE TO SAID BEGINNING BEARS NORTH 10°58’18” WEST; (7) SOUTHWESTERLY
134.92 FEET ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 135°37’26” TO THE BEGINNING OF A NON-TANGENT
CURVE CONCAVE NORTHWESTERLY, HAVING A RADIUS OF 150.00 FEET, A RADIAL LINE TO SAID BEGINNING BEARS SOUTH
51°33’48” EAST; THENCE SOUTHWESTERLY 130.35 FEET DEPARTING SAID NORTHERLY RIGHT-OF-WAY LINE AND ALONG
SAID CURVE THROUGH A CENTRAL ANGLE OF 49°47’27”; THENCE SOUTH 88°13’39” WEST, 189.82 FEET TO THE POINT OF
BEGINNING. SAID PROPERTY IS FURTHER DESCRIBED IN THE DECLARATION OF COVENANTS, CONDITIONS AND
RESTRICTIONS FOR GRANDVIEW AT LAS VEGAS RECORDED JULY 31, 2003 IN BOOK 20030731 OF OFFICIAL RECORDS AS
INSTRUMENT NO. 01742 (THE “DECLARATION”). EXCEPTING THEREFROM THOSE CERTAIN EASEMENTS DESCRIBED IN
ARTICLE XI OF THE DECLARATION. ALSO EXCEPTING THEREFROM THE NON-EXCLUSIVE RIGHTS TO USE THE “COMMON
AREAS” AS DEFINED IN THE DECLARATION. PARCEL B: THE EXCLUSIVE RIGHT AND EASEMENT TO USE AND OCCUPY A
“DESIGNATED UNIT” OF THE UNIT TYPE DESCRIBED ABOVE AND THE “COMMON FURNISHINGS” THEREIN, TOGETHER WITH
THE NON-EXCLUSIVE RIGHT TO OCCUPY THE “COMMON AREA” IN PARCEL A ABOVE DURING THE WEEK NO. IDENTIFIED
ABOVE, ON AN ANNUAL, BIENNIAL, OR TRIENNIAL BASIS, AS IDENTIFIED ABOVE, PROVIDED THAT SUCH USE PERIODS ARE
FIRST RESERVED IN ACCORDANCE WITH THE DECLARATION AND THE “RULES AND REGULATIONS”, AS EACH OF SAID
TERMS ARE DEFINED IN THE DECLARATION REFERRED TO ABOVE. PARCEL C: ALL RIGHTS OF MEMBERSHIP IN GRANDVIEW
AT LAS VEGAS OWNERS ASSOCIATION, A NEVADA NON-PROFIT, NONSTOCK CORPORATION (“ASSOCIATION”), WHICH ARE
APPURTENANT TO THE INTERESTS DESCRIBED IN PARCELS A AND B UNDER THE DECLARATION AND BYLAWS OF THE
ASSOCIATION.
 Owner’s Policy of Title Insurance
ISSUED BY

First American Title Insurance Company

POLICY NUMBER

Schedule B 50136932-800882

File No.:1748300

EXCEPTIONS FROM COVERAGE

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:
1. Water rights, claims or title to water, whether or not shown by the public records.
2. Any taxes that may be due, but not assessed, for new construction which can be assessed on the unsecured property rolls, in the office of the Clark County
Assessor, per Nevada Revised Statute 361.260.
3. Taxes and assessments for the fiscal year in which the policy is dated, and taxes which are not yet due or payable.
4. Reservations and provisions as contained in Patent from the United States of America, recorded November 3, 1960, in Book 267 of Official Records, as
Instrument No. 216513.
 Subject to the vacation and abandonment contained in a document entitled "Order of Vacation" recorded April 4, 2003 in Book 20030404 as Instrument
No. 01305 of Official Records.
5. Reservations and provisions as contained in Patent from the United States of America, recorded June 12, 1961, in Book 302 of Official Records, as Instrument
No. 244420.
 Subject to the vacation and abandonment contained in a document entitled "Order of Vacation" recorded April 4, 2003 in Book 20030404 as Instrument
No. 01305 of Official Records.
6. Reservations and provisions as contained in Patent from the United States of America, recorded July 5, 1961, in Book 306 of Official Records, as Instrument
No. 247680.
 Subject to the vacation and abandonment contained in a document entitled "Order of Vacation" recorded April 4, 2003 in Book 20030404 as Instrument
No. 01305 of Official Records.
7. An easement for roads and incidental purposes in the document recorded November 6, 1975 in Book 568 as Instrument No. 527123 of Official Records.
8. An Easement for perpetual avigation for right of flight, for the passage of aircraft in the air space above the surface of th e said premises, together with the right
to cause in said air space such noise as may be inherent in the operation of aircraft, now known or hereafter used for navigation of or flight in the air, as
conveyed to the County of Clark, recorded August 8, 1979, in Book 1099 as Instrument No. 1058196 of Official Records.
9. An easement for public utilities and incidental purposes in the document recorded August 23, 1979 in Book 1106 as Instrument No. 1065985 of Official Records.
10. Reservations and provisions as contained in Patent from the United States of America, recorded September 15, 1980, in Book 1281 of Official Records, as
Instrument No. 1240259.
 Subject to the vacation and abandonment contained in a document entitled "Order of Vacation" recorded April 4, 2003 in Book 20030404 as Instrument
No. 01305 of Official Records.
11. Any private easements or lesser rights together with the rights, if any, of the City of Las Vegas and/or the County of Clark, public utilities or special districts,
which may not have been affected by the proceedings vacating relinquishing a portion of said U.S. Highway 91 to the County of Clark as the same was
recorded January 21, 1982 in Book 1513 as Instrument No. 1472121 of Official Records.
12. Any private easements or lesser rights together with the rights, if any, of the City of Las Vegas and/or the County of Clark, public utilities or special districts,
which may not have been affected by the proceedings vacating abandoning a portion of said highway as the same was recorded January 21, 1982 in
Book 1513 as Instrument No. 1472122 of Official Records.
13. A document entitled "Order of Vacation" recorded July 8, 1992 in Book 920708 as Instrument No. 00606 of Official Records.
14. Provisions, recited on the Dedication Statement on the parcel map recorded June 1, 1993 in Book 930601 as Instrument No. 01099 of Official Records, in File 75,
Page 88 of Parcel Maps.
15. Easements as shown and/or dedicated upon the parcel map, recorded in File 75, Page 88 of Parcel Maps.
16. An easement for public utilities and incidental purposes in the document recorded January 28, 1994 in Book 940128 as Instrument No. 01461 of Official
Records.
17. Reservations and provisions as contained in Patent from the United States of America, recorded August 22, 1997, in Book 970822 of Official Records, as
Instrument No. 00851.
 Subject to the vacation and abandonment contained in a document entitled "Order of Vacation" recorded April 4, 2003 in Book 20030404 as Instrument
No. 01305 of Official Records.

Form 5011400-B (7-1-14) Page 1 of 3 ALTA Owner’s Policy of Title Insurance (6-17-06)
 Schedule B
18. Reservations and provisions as contained in Patent from the United States of America, recorded November 17, 2000, in Book 20001117 of Official Records, as
Instrument No. 00030.
 Subject to the vacation and abandonment contained in a document entitled "Order of Vacation" recorded April 4, 2003 in Book 20030404 as Instrument
No. 01305 of Official Records.
19. Provisions recited on the Dedication Statement on the parcel map recorded April 10, 2003 in Book 20030410 as Instrument No. 00750 of Official Records, in
File 104, Page 64 of Parcel Maps.
20. Easements as shown and/or dedicated upon the parcel map, recorded in File 104, Page 64 of Parcel Maps.
 And amended by that certain Certificate of Amendment recorded April 15, 2003 in Book 20030415 as Instrument No. 02422 of Official Records.
 Easements as shown and/or dedicated upon the parcel map, recorded in File 107, Page 47 of Parcel Maps.
21. An Easement and right-of-way for the construction, operation, maintenance, repair, renewal, reconstruction, and removal of pipelines for conducting water
with the right of ingress and egress, as conveyed to Las Vegas Valley Water District, a quasi-municipal corporation, by an instrument recorded October 13, 2003,
in Book 20031013 as Instrument No. 00596 of Official Records, over a portion of the land.
22. Covenants, conditions, easements and restrictions in a Declaration of Development Covenants, Conditions and Restrictions recorded May 13, 2004, in
Book 20040513 as Instrument No. 04694 of Official Records.
23. Covenants, conditions, and restrictions in a Declaration of Development Covenants, Conditions, Restrictions and Easements recorded April 29, 2003, in
Book 20030429 as Instrument No. 04245 of Official Records.
24. An easement for a temporary, nonexclusive easement on, over, under and with the right of ingress and egress and incidental purposes in the document
recorded April 29, 2003 in Book 20030429 as Instrument No. 04248 of Official Records.
25. An Easement and right-of-way for the construction, operation, maintenance, repair, renewal, reconstruction, and removal of pipelines for conducting water
with the right of ingress and egress, as conveyed to Las Vegas Valley Water District, a quasi-municipal corporation, by an instrument recorded October 13, 2003,
in Book 20031013 as Instrument No. 00595 of Official Records, over a portion of the land.
26. A document entitled "Temporary Construction Easement" recorded October 28, 2003 in Book 20031028 as Instrument No. 04685 of Official Records.
27. An Easement and right-of-way for the construction, operation, maintenance, repair, renewal, reconstruction, and removal of pipelines for conducting water
with the right of ingress and egress, as conveyed to Las Vegas Valley Water District, a quasi-municipal corporation, by an instrument recorded November 20,
2003, in Book 20031120 as Instrument No. 02550 of Official Records, over a portion of the land.
28. A document entitled "Agreement and Grant of Easement" recorded March 26, 2004 in Book 20040326 as Instrument No. 02145 of Official Records.
29. An Easement for electrical transmission lines in favor of Valley Electric Association, Inc., recorded March 26, 2004, in Book 20040326 as Instrument No. 02146 of
Official Records.
30. An easement for operation, maintenance, construction removal, or access to said easement and together with the rights of ingress and egress and incidental
purposes in the document recorded August 26, 2004 in Book 20040826 as Instrument No. 05839 of Official Records.
31. An easement for public utilities and incidental purposes in the document recorded November 04, 2004 in Book 20041104 as Instrument No. 03353 of Official
Records.
32. Reservations and provisions as contained in Patent from the United States of America, recorded October 2, 1962, in Book 390 of Official Records, as Instrument
No. 314831.
 Subject to the vacation and abandonment contained in a document entitled "Order of Vacation" recorded April 4, 2003, in Book 20030404 as Instrument
No. 01305 of Official Records.
 Relinquishment of Right of Way Grant and Easement reserved in “Order of Vacation” recorded November 5, 2008, in Book 20081105 as Instrument No.
2681 of Official Records.
33. Reservations and provisions as contained in Patent from the United States of America, recorded May 20, 1974, in Book 427 of Official Records, as Instrument
No. 386371.
 Subject to the vacation and abandonment contained in a document entitled "Order of Vacation" recorded July 8, 1992, in Book 920708 as Instrument No.
00606 of Official Records.
34. Reservations and provisions as contained in Patent from the United States of America, recorded March 17, 1978, in Book 860 of Official Records, as Instrument
No. 819725.
 Subject to the vacation and abandonment contained in a document entitled "Order of Vacation" recorded April 4, 2003, in Book 20030404 as Instrument
No. 01305 of Official Records.
35. Covenants, conditions, and restrictions in a Restrictive Covenant Running with the Land recorded February 18, 2003, in Book 20030218 as Instrument No. 00982
of Official Records.
36. An Easement for perpetual avigation for right of flight, for the passage of aircraft in the air space above the surface of th e said premises, together with the right
to cause in said air space such noise as may be inherent in the operation of aircraft, now known or hereafter used for navigation of or flight in the air, as
conveyed to the County of Clark, recorded April 17, 1990, in Book 900417 as Instrument No. 00959 of Official Records.
37. An Easement for perpetual avigation for right of flight, for the passage of aircraft in the air space above the surface of th e said premises, together with the right
to cause in said air space such noise as may be inherent in the operation of aircraft, now known or hereafter used for navigation of or flight in the air, as
conveyed to the County of Clark, recorded October 5, 2001, in Book 20011005 as Instrument No. 02350 of Official Records.

Form 5011400-B (7-1-14) Page 2 of 3 ALTA Owner’s Policy of Title Insurance (6-17-06)
Schedule B
38. Reservations and provisions as contained in Patent from the United States of America, recorded February 6, 2003, in Book 20030206 of Official Records, as
Instrument No. 01443.
39. An Easement for perpetual avigation for right of flight, for the passage of aircraft in the air space above the surface of the said premises, togeth er with the right
to cause in said air space such noise as may be inherent in the operation of aircraft, now known or hereafter used for navigation of or flight in the air, as
conveyed to the County of Clark, recorded March 3, 2003, in Book 20030303 as Instrument No. 02496 of Official Records.
40. Covenants, conditions, restrictions, easements, assessments, liens, charges, terms and provisions in the document recorded July 31, 2003 in Book
20030731 as Instrument No. 01742 of Official Records, which provide that a violation thereof shall not defeat or render invalid the lien of any first mortgage or
deed of trust made in good faith and for value, but deleting any covenant, condition or restriction indicating a preference, limitation or discrimination based on
race, color, religion, sex, handicap, familial status, national origin, sexual orientation, marital status, ancestry, source of income or disability, to the extent such
covenants, conditions or restrictions violate Title 42, Section 3604(c), of the United States Codes. Lawful restrictions under state and federal law on the age of
occupants in senior housing or housing for older persons shall not be construed as restrictions based on familial status.
 The right to levy certain charges or assessments against the land which shall become a lien if not paid as set forth in the above decla ration of restrictions,
and is conferred upon Grandview at Las Vegas Owner's Association.
 A document entitled "Grandview at Las Vegas Declaration of uniform Deed of Trust Covenants" recorded August 19, 2003 in Book 20030819 as Instrument
No. 01495 of Official Records.
 A document entitled "Amendment to Declaration of Covenants, Conditions and Restrictions for Grandview at Las Vegas" recorded September 17, 2003 in
Book 20030917 as Instrument No. 03054 of Official Records.
 A document entitled "Second Amendment to Declaration of Covenants, Conditions and Restrictions for Grandview at Las Vegas" recorded July 9, 2004 in
Book 20040709 as Instrument No. 06431 of Official Records.
 A document entitled "Third Amendment to Declaration of Covenants, Conditions and Restrictions for Grandview at Las Vegas" recorded August 12, 2009 in
Book 20090812 as Instrument No. 00048 of Official Records.
 A document entitled "Declaration of Dedication for Grandview at Las Vegas - Phase II" recorded July 9, 2004 in Book 20040709 as Instrument No. 06432 of
Official Records.
 A document entitled "Declaration of Dedication for Grandview at Las Vegas - Phase III" recorded December 14, 2005 in Book 20051214 as Instrument No.
02985 of Official Records.
 A document entitled "Declaration of Dedication for Grandview at Las Vegas - Phase IV" recorded September 11, 2006 in Book 20060911 as Instrument No.
01534 of Official Records.
 A document entitled "Declaration of Dedication for Grandview at Las Vegas - Phase V" recorded August 06, 2007 in Book 20070806 as Instrument No.
01431 of Official Records.
 A document entitled "Declaration of Dedication for Grandview at Las Vegas - Phase VI" recorded July 23, 2008 in Book 20080723 as Instrument No. 260 of
Official Records.
 A document entitled "Declaration of Dedication for Grandview at Las Vegas - Phase VII" recorded July 13, 2010 in Book 20100713 as Instrument No. 392 of
Official Records.
 A document entitled "Declaration of Dedication for Grandview at Las Vegas - Phase VIII" recorded January 10, 2012 in Book 20120110 as Instrument No.
10 of Official Records.
41. A document entitled "Restrictive Covenant" recorded September 12, 2007 in Book 20070912 as Instrument No. 01181 of Official Records.
42. A document entitled “Limited Waiver of Restrictive Covenant” recorded August 15, 2008 in Book 20080815 as Instrument No. 4649 of Official Records.
43. A document entitled "Off-Site Improvement Agreement" recorded March 19, 2004 in Book 20040319 as Instrument No. 00102 of Official Records.
44. An easement for public utilities and incidental purposes in the document recorded June 17, 2004 in Book 20040617 as Instrument No. 03976 of Official Records.
45. An easement for public utilities and incidental purposes in the document recorded July 13, 2004 in Book 20040713 as Instrument No. 01239 of Official Records.
46. All matters disclosed by the ALTA/ACSM Land Title Survey prepared by Jemison Surveying & Services, dated March 28, 2008, as Job No. 268-080304.
47. Grant of Easement to Nevada Power Company recorded September 26, 2008 in Book 20080926 as Instrument No. 03107 of Official Records.
48. Grant of Easement to Embarq recorded April 13,2009 in Book 20090413 as Instrument No. 2662 of Official Records
49. A document entitled "Memorandum of Lease" recorded September 24.2009 in Book 20090924 as Instrument No. 1012 of Official Records.
50. Grant of Easement to NV Energy recorded May 15, 2012 in Book 20120515 as Instrument No. 285 of Official Records.
51. Access to Equipment Easement Agreement to NV Energy recorded May 22, 2012 in Book 20120522 as Instrument No 310 of Official Records
 For purposes of policy issuance, items none may be eliminated on the basis of an indemnity agreement or other agreement satisfactory to the company as
insurer.
52. Purchase money mortgage executed by the insured and recorded in Book 20230824 at Page 991 in connection with the purchase of the property
insured hereunder, if any.

Note: All recording refers to the Public Records of Clark County, Nevada, unless otherwise indicated.
Note: This Policy consists of insert pages labeled Schedules A and B. This Policy is of no force and effect unless both pages are included along with any added pages
incorporated by reference.
Note: No search of the records has been made for liens and encumbrances against the insured.

(P116-Rev 11 02 2018)

Form 5011400-B (7-1-14) Page 3 of 3 ALTA Owner’s Policy of Title Insurance (6-17-06)
Schedule B
 EQUITY LAND TITLE, LLC
Privacy Statement
Effective Date: November 7, 2014

EQUITY LAND TITLE, LLC (“Agency”) respects the privacy and security of your non-public personal information (“Personal
Information”) and protecting your Personal Information is one of our top priorities. This Privacy Statement explains Agency’s
privacy practices, including how we use the Personal Information we receive from you and from other specified sources, and to
whom it may be disclosed. Agency follows the privacy practices described in this Privacy Statement and, depending on the
business performed, Agency may share information as described herein. Please read this to learn how we handle your
Personal Information. This Privacy Statement may be amended from time to time consistent with applicable privacy laws.

Personal Information Collected

We collect information about people and property as described below. Some of this is called "Nonpublic Personal
Information," which generally means information that is provided by you, obtained by us, or that results from your transactions
with us. It does not include information available to the general public. We may collect Personal Information about you from the
following sources:
 Application Information: Information we receive from you on applications or other forms, such as your name,
address, social security number, tax identification number, asset information, and income information;
 Website Information: Information we receive from you through our Internet websites, such as your name, address,
email address, Internet Protocol address, the website links you used to get to our websites, and your activity while using
or reviewing our websites. Web Site Information may be disclosed as described below and as specifically set forth on
our website: http://www.equitylandtitle.com/;
 Transaction Information: Information about your transactions with or services performed by us, our affiliates, or
other, such as information concerning your policy, premiums, payment history, information about your home or other
real property, information from lenders and other third parties involved in such transaction, account balances, and credit
card information. We may obtain this information from your lender, attorney, real estate broker, etc.; and
 Consumer Report Information: Information we receive from consumer or other reporting agencies and publicly
recorded documents.

Disclosure of Personal Information

We may provide your Personal Information (excluding information we receive from consumer or other credit reporting agencies)
to various individuals and companies, as permitted by law, without obtaining your prior authorization. Such laws do not allow
consumers to restrict these disclosures. Disclosures may include, without limitation, the following:
 To insurance agents, brokers, representatives, support organizations, or others to provide you with services you have
requested, and to enable us to detect or prevent criminal activity, fraud, material misrepresentation, or nondisclosure in
connection with an insurance transaction;
 To third-party contractors or service providers for the purpose of determining your eligibility for an insurance benefit or
payment and/or providing you with services you have requested;
 To companies that perform marketing services on our behalf or to other financial institutions with which we have joint
marketing agreements; and/or
 To lenders, lien holders, judgment creditors, or other parties claiming an encumbrance or an interest in title whose claim
or interest must be determined, settled, paid or released prior to title or escrow closing.

We may also disclose Application Information, Transaction Information, Consumer Report Information, and Web Site
information about you and our former customers to companies that perform marketing services on our behalf or to financial
institutions with whom we have joint marketing agreements. We are required to, or we may, provide information about you to
third parties without your consent, as permitted by law. For example:
1. To respond to a subpoena or court order, judicial process or regulatory authorities;
2. To consumer reporting agencies;
3. In connection with a proposed or actual sale, merger, or transfer of all or a portion of a business or operating unit;
4. To protect against fraud, and insure confidentiality and security;
5. To assist or be part of a proposed or actual securitization, secondary marketing sale (including sales of loan servicing
rights), a loan hypothecation, or similar transaction related to a transaction of the consumer; or
6. To collection agencies, attorneys, and other entities that assist us in enforcing and collecting the debt.
Disclosure to Nonaffiliated Third Parties – We do not disclose Personal Information about our customers or former customers to
nonaffiliated third parties, except as outlined herein or as otherwise permitted by law.

Confidentiality and Security of Personal Information

We restrict access to Nonpublic Personal Information about you to those employees and other parties who must use that
information to provide products or services to you. Their right to further disclose and use the information is limited by o ur
employee code of conduct, applicable law, and nondisclosure agreements where appropriate. We also maintain physical,
electronic, and procedural safeguards in compliance with applicable laws and regulations to guard your Nonpublic Personal
Information.

Opt Out Rights (to limit our sharing)

If you do not want your Nonpublic Personal Information disclosed to affiliated or nonaffiliated third parties, you may
"opt out" of those disclosures, meaning that you may tell us not to make those disclosures (other than disclosures that are
permitted by law even if you opt out). If you opt out, we will not disclose this information to such third parties to
independently market products or services to you, but we may include their offers in billing statements and other routine
communications that we send to you in connection with servicing your business relationship with us.
Please note: If you are a new customer, we can begin sharing your information 30 days from the date that we provide you this
notice. When you are no longer a customer, we continue to share your information as described in this notice.
However you can contact us at any time to limit our sharing.
To opt out, simply fill out, detach and mail the form at the bottom of this page to the address listed. An opt out election by you
or others who maintain a relationship with our Company will be effective for all persons that your relationship relates to. Once
you opt out, there is no need to do so again for the same business relationship. Questions? You may also want to visit our
website at http://www.equitylandtitle.com/ or give us a call at 954.491.1120 if you need additional information.
Information For Vermont, California and Nevada Customers: In response to a Vermont regulation, we automatically treat
accounts with Vermont billing addresses as if you requested that we not share your information with nonaffiliated third parties,
and that we limit the information we share with our affiliates. And if we disclose information about you to nonaffiliated third
parties with whom we have joint marketing agreements, we will only disclose your name, address, other contact information,
and information about our transaction and experiences with you. In response to a California law, we will automatically treat
accounts with California billing addresses as if you requested that we not share your information with nonaffiliated third parties
except as permitted by the applicable California law. We will also limit the sharing of information about you with our affiliates
to comply with all California privacy laws that apply to us. Residents of the State of California may request a list of all third-
parties to which we have disclosed certain information during the preceding year for those third-parties' direct marketing
purposes. If you are a California resident and want such a list, please contact us at EQUITY LAND TITLE, LLC, Privacy
Policy, 100 West Cypress Creek Road, Suite 700, Fort Lauderdale, FL 33309. For all requests, you must put the statement
"California Shine the Light Privacy Request" in the body of your request, as well as your name, street address, city, state, and zip
code. Please note that we are not responsible for requests that are not labeled or sent properly, or that do not have complete
information. In response to Nevada law, we are providing you this notice. You may be placed on our internal Do Not Call List
by following the directions set forth above. Nevada law requires that we also provide you with the following contact
information: Bureau of Consumer Protection, Office of the Nevada Attorney General, 555 E. Washington St., Suite 3900, Las
Vegas, NV 89101; Phone number: 702-486-3132; e-mail: BCPINFO@ag.state.nv.us. To further restrict sharing with affiliates as
described in this notice, you can fill in and return the form below.
----------------------------------------------------------------------------------------------------------------------------- ------------------------
(detach here)

Customer Opt Out Form

Mark any/all you want to limit:
Mail to:
 Do not share information about my creditworthiness with your affiliates for their everyday business EQUITY LAND TITLE, LLC
purposes 100 West Cypress Creek Road
 Do not allow your affiliates to use my personal information to market me. Suite 700
Fort Lauderdale, FL 33309
 Do not share my personal information with nonaffiliates to market their products and services to me.
Name: ______________________________________________________________________
Address: ____________________________________________________________________
Account #: __________________________________________________________________
 Owner’s Policy of Title Insurance
Nevada (WRE) - 2021 v. 01.00 (07-01-2021)

5. A violation or enforcement of a law, ordinance, permit, or governmental regulation (including those relating to
building and zoning), but only to the extent of the violation or enforcement described by the enforcing
governmental authority in an Enforcement Notice that identifies a restriction, regulation, or prohibition relating
to:
a. the occupancy, use, or enjoyment of the Land;
b. the character, dimensions, or location of an improvement on the Land;
c. the subdivision of the Land; or
d. environmental remediation or protection on the Land.

6. An enforcement of a governmental forfeiture, police, regulatory, or national security power, but only to the
extent of the enforcement described by the enforcing governmental authority in an Enforcement Notice.

7. An exercise of the power of eminent domain, but only to the extent:

a. of the exercise described in an Enforcement Notice; or
b. the taking occurred and is binding on a purchaser for value without Knowledge.

8. An enforcement of a PACA-PSA Trust, but only to the extent of the enforcement described in an Enforcement
Notice.

9. The Title being vested other than as stated in Schedule A, the Title being defective, or the effect of a court
order providing an alternative remedy:
a. resulting from the avoidance, in whole or in part, of any transfer of all or any part of the Title to the Land
or any interest in the Land occurring prior to the transaction vesting the Title because that prior transfer
constituted a:
i. fraudulent conveyance, fraudulent transfer, or preferential transfer under federal bankruptcy,
state insolvency, or similar state or federal creditors’ rights law; or
ii. voidable transfer under the Uniform Voidable Transactions Act; or
b. because the instrument vesting the Title constitutes a preferential transfer under federal bankruptcy,
state insolvency, or similar state or federal creditors’ rights law by reason of the failure:
i. to timely record the instrument vesting the Title in the Public Records after execution and delivery
of the instrument to the Insured; or
ii. of the recording of the instrument vesting the Title in the Public Records 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 the Date of
Policy and prior to the recording of the deed or other instrument vesting the Title in the Public Records.

DEFENSE OF COVERED CLAIMS

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.

FIRST AMERICAN TITLE INSURANCE COMPANY

By: By:
Kenneth D. DeGiorgio, President Lisa W. Cornehl, Secretary

Copyright 2021 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.
Form 50136932 (8-2-22) Page 2 of 11
 Owner’s Policy of Title Insurance
Nevada (WRE) - 2021 v. 01.00 (07-01-2021)

EXCLUSIONS FROM COVERAGE

The following matters are 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)
that restricts, regulates, prohibits, or relates to:
i. the occupancy, use, or enjoyment of the Land;
ii. the character, dimensions, or location of any improvement on the Land;
iii. the subdivision of land; or
iv. environmental remediation or protection.
b. any governmental forfeiture, police, regulatory, or national security power.
c. the effect of a violation or enforcement of any matter excluded under Exclusion 1.a. or 1.b.
Exclusion 1 does not modify or limit the coverage provided under Covered Risk 5 or 6.

2. Any power of eminent domain. Exclusion 2 does not modify or limit the coverage provided under Covered
Risk 7.

3. Any defect, lien, encumbrance, adverse claim, or other matter:

a. created, suffered, assumed, or agreed to by the Insured Claimant;
b. not Known to the Company, not recorded in the Public Records at the 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 the Date of Policy (Exclusion 3.d. does not modify or limit the
coverage provided under Covered Risk 9 or 10); or
e. resulting in loss or damage that would not have been sustained if consideration sufficient to qualify the
Insured named in Schedule A as a bona fide purchaser had been given for the Title at the Date of
Policy.

4. Any claim, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors’ rights law,
that the transaction vesting the Title as shown in Schedule A is a:
a. fraudulent conveyance or fraudulent transfer;
b. voidable transfer under the Uniform Voidable Transactions Act; or
c. preferential transfer:
i. to the extent the instrument of transfer vesting the Title as shown in Schedule A is not a transfer
made as a contemporaneous exchange for new value; or
ii. for any other reason not stated in Covered Risk 9.b.

5. Any claim of a PACA-PSA Trust. Exclusion 5 does not modify or limit the coverage provided under Covered
Risk 8.

6. Any lien on the Title for real estate taxes or assessments imposed or collected by a governmental authority
that becomes due and payable after the Date of Policy. Exclusion 6 does not modify or limit the coverage
provided under Covered Risk 2.b.

7. Any discrepancy in the quantity of the area, square footage, or acreage of the Land or of any improvement
to the Land.

Copyright 2021 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.
Form 50136932 (8-2-22) Page 3 of 11
 Owner’s Policy of Title Insurance
Nevada (WRE) - 2021 v. 01.00 (07-01-2021)

CONDITIONS

1. DEFINITION OF TERMS
In this policy, the following terms have the meanings given to them below. Any defined term includes both the
singular and the plural, as the context requires:
a. “Affiliate”: An Entity:
i. that is wholly owned by the Insured;
ii. that wholly owns the Insured; or
iii. if that Entity and the Insured are both wholly owned by the same person or entity.
b. “Amount of Insurance”: The Amount of Insurance stated in Schedule A, as may be increased by
Condition 8.d. or decreased by Condition 10 or 11; or increased or decreased by endorsements to this
policy.
c. “Date of Policy”: The Date of Policy stated in Schedule A.
d. “Discriminatory Covenant”: Any covenant, condition, restriction, or limitation that is unenforceable under
applicable law because it illegally discriminates against a class of individuals based on personal
characteristics such as race, color, religion, sex, sexual orientation, gender identity, familial status,
disability, national origin, or other legally protected class.
e. “Enforcement Notice”: A document recorded in the Public Records that describes any part of the Land
and:
i. is issued by a governmental agency that identifies a violation or enforcement of a law, ordinance,
permit, or governmental regulation;
ii. is issued by a holder of the power of eminent domain or a governmental agency that identifies
the exercise of a governmental power; or
iii. asserts a right to enforce a PACA-PSA Trust.
f. “Entity”: A corporation, partnership, trust, limited liability company, or other entity authorized by law to
own title to real property in the State where the Land is located.
g. “Insured”:
i. (a). The Insured named in Item 1 of Schedule A;
(b). the successor to the Title of an Insured by operation of law as distinguished from purchase,
including heirs, devisees, survivors, personal representatives, or next of kin;
(c). the successor to the Title of an Insured resulting from dissolution, merger, consolidation,
distribution, or reorganization;
(d). the successor to the Title of an Insured resulting from its conversion to another kind of
Entity; or
(e). the grantee of an Insured under a deed or other instrument transferring the Title, if the
grantee is:
(1). an Affiliate;
(2). a trustee or beneficiary of a trust created by a written instrument established for
estate planning purposes by an Insured;
(3). a spouse who receives the Title because of a dissolution of marriage;
(4). a transferee by a transfer effective on the death of an Insured as authorized by law;
or
(5). another Insured named in Item 1 of Schedule A.
ii. The Company reserves all rights and defenses as to any successor or grantee that the Company
would have had against any predecessor Insured.
h. “Insured Claimant”: An Insured claiming loss or damage arising under this policy.
i. “Knowledge” or “Known”: Actual knowledge or actual notice, but not constructive notice imparted by the
Public Records.
j. “Land”: The land described in Item 4 of Schedule A and improvements located on that land at the Date
of Policy that by State law constitute real property. The term “Land” does not include any property
beyond that described in Schedule A, nor any right, title, interest, estate, or easement in any abutting
street, road, avenue, alley, lane, right-of-way, body of water, or waterway, but does not modify or limit
the extent that a right of access to and from the Land is insured by this policy.

Copyright 2021 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.
Form 50136932 (8-2-22) Page 6 of 11
 Owner’s Policy of Title Insurance
Nevada (WRE) - 2021 v. 01.00 (07-01-2021)

k. “Mortgage”: A mortgage, deed of trust, trust deed, security deed, or other real property security
instrument, including one evidenced by electronic means authorized by law.
l. “PACA-PSA Trust”: A trust under the federal Perishable Agricultural Commodities Act or the federal
Packers and Stockyards Act or a similar State or federal law.
m. “Public Records”: The recording or filing system established under State statutes in effect at the Date
of Policy under which a document must be recorded or filed to impart constructive notice of matters
relating to the Title to a purchaser for value without Knowledge. The term “Public Records” does not
include any other recording or filing system, including any pertaining to environmental remediation or
protection, planning, permitting, zoning, licensing, building, health, public safety, or national security
matters.
n. “State”: The state or commonwealth of the United States within whose exterior boundaries the Land is
located. The term “State” also includes the District of Columbia, the Commonwealth of Puerto Rico, the
U.S. Virgin Islands, and Guam.
o. “Title”: The estate or interest in the Land identified in Item 2 of Schedule A.
p. “Unmarketable Title”: The Title affected by an alleged or apparent matter that would permit a
prospective purchaser or lessee of the Title or a lender on the Title to be released from the obligation
to purchase, lease, or lend if there is a contractual condition requiring the delivery of marketable title.

2. CONTINUATION OF COVERAGE
This policy continues as of the Date of Policy in favor of an Insured, so long as the Insured:
a. retains an estate or interest in the Land;
b. owns an obligation secured by a purchase money Mortgage given by a purchaser from the Insured; or
c. has liability for warranties given by the Insured in any transfer or conveyance of the Insured’s Title.
Except as provided in Condition 2, this policy terminates and ceases to have any further force or effect after
the Insured conveys the Title. This policy does not continue in force or effect in favor of any person or entity
that is not the Insured and acquires the Title or an obligation secured by a purchase money Mortgage given
to the Insured.

3. NOTICE OF CLAIM TO BE GIVEN BY INSURED CLAIMANT

The Insured must notify the Company promptly in writing if the Insured has Knowledge of:
a. any litigation or other matter for which the Company may be liable under this policy; or
b. any rejection of the Title as Unmarketable Title.
If the Company is prejudiced by the failure of the Insured Claimant to provide prompt notice, the Company’s
liability to the Insured Claimant under this policy is reduced to the extent of the prejudice.

4. PROOF OF LOSS
The Company may, at its option, require as a condition of payment that the Insured Claimant furnish a signed
proof of loss. The proof of loss must describe the defect, lien, encumbrance, adverse claim, or other matter
insured against by this policy that constitutes the basis of loss or damage and must state, to the extent
possible, the basis of calculating the amount of the loss or damage.

5. DEFENSE AND PROSECUTION OF ACTIONS

a. Upon written request by the Insured and subject to the options contained in Condition 7, the Company,
at its own cost and without unreasonable delay, will provide for the defense of an Insured in litigation in
which any third party asserts a claim covered by this policy adverse to the Insured. This obligation is
limited to only those stated causes of action alleging matters insured against by this policy. The
Company has the right to select counsel of its choice (subject to the right of the Insured to object for
reasonable cause) to represent the Insured as to those covered causes of action. The Company is not
liable for and will not pay the fees of any other counsel. The Company will not pay any fees, costs, or
expenses incurred by the Insured in the defense of any cause of action that alleges matters not insured
against by this policy.
b. The Company has the right, in addition to the options contained in Condition 7, at its own cost, to
institute and prosecute any action or proceeding or to do any other act that, in its opinion, may be

Copyright 2021 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.
Form 50136932 (8-2-22) Page 7 of 11
 Owner’s Policy of Title Insurance
Nevada (WRE) - 2021 v. 01.00 (07-01-2021)

necessary or desirable to establish the Title, as insured, or to prevent or reduce loss or damage to the
Insured. The Company may take any appropriate action under the terms of this policy, whether or not
it is liable to the Insured. The Company’s exercise of these rights is not an admission of liability or
waiver of any provision of this policy. If the Company exercises its rights under Condition 5.b., it must
do so diligently.
c. When 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 having jurisdiction. The Company
reserves the right, in its sole discretion, to appeal any adverse judgment or order.

6. DUTY OF INSURED CLAIMANT TO COOPERATE

a. When this policy permits or requires the Company to prosecute or provide for the defense of any action
or proceeding and any appeals, the Insured will secure to the Company the right to 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.
When requested by the Company, the Insured, at the Company’s expense, must give the Company all
reasonable aid in:
i. securing evidence, obtaining witnesses, prosecuting or defending the action or proceeding, or
effecting settlement; and
ii. any other lawful act that in the opinion of the Company may be necessary or desirable to establish
the Title or any other matter, as insured.
If the Company is prejudiced by any failure of the Insured to furnish the required cooperation, the
Company’s liability and obligations to the Insured under this policy terminate, including any obligation
to defend, prosecute, or continue any litigation, regarding the matter requiring such cooperation.
b. The Company may reasonably require the Insured Claimant to submit to examination under oath by
any authorized representative of the Company and to produce for examination, inspection, and copying,
at such reasonable times and places as may be designated by the authorized representative of the
Company, all records, in whatever medium maintained, including books, ledgers, checks, memoranda,
correspondence, reports, e-mails, disks, tapes, and videos, whether bearing a date before or after the
Date of Policy, that reasonably pertain to the loss or damage. Further, if requested by any authorized
representative of the Company, the Insured Claimant must grant its permission, in writing, for any
authorized representative of the Company to examine, inspect, and copy all the records in the custody
or control of a third party that reasonably pertain to the loss or damage. No information designated in
writing as confidential by the Insured Claimant provided to the Company pursuant to Condition 6 will
be later disclosed to others unless, in the reasonable judgment of the Company, disclosure is necessary
in the administration of the claim or required by law. Any failure of the Insured Claimant to submit for
examination under oath, produce any reasonably requested information, or grant permission to secure
reasonably necessary information from third parties as required in Condition 6.b., unless prohibited by
law, terminates any liability of the Company under this policy as to that claim.

7. OPTIONS TO PAY OR OTHERWISE SETTLE CLAIMS; TERMINATION OF LIABILITY

In case of a claim under this policy, the Company has the following additional options:
a. To Pay or Tender Payment of the Amount of Insurance
To pay or tender payment of the Amount of Insurance under this policy. In addition, the Company will
pay any costs, attorneys’ fees, and expenses incurred by 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 the Company of this option provided for in Condition 7.a., the Company’s liability
and obligations to the Insured under this policy terminate, including any obligation to defend, prosecute,
or continue any litigation.
b. To Pay or Otherwise Settle with Parties other than the Insured or with the Insured Claimant
i. To pay or otherwise settle with parties other than the Insured for or in the name of the Insured
Claimant. In addition, the Company will pay any costs, attorneys’ 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 pay; or

Copyright 2021 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.
Form 50136932 (8-2-22) Page 8 of 11
 Owner’s Policy of Title Insurance
Nevada (WRE) - 2021 v. 01.00 (07-01-2021)

ii. To pay or otherwise settle with the Insured Claimant the loss or damage provided for under this
policy. In addition, the Company will pay any costs, attorneys’ 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 pay.
Upon the exercise by the Company of either option provided for in Condition 7.b., the Company’s liability
and obligations to the Insured under this policy for the claimed loss or damage terminate, including any
obligation to defend, prosecute, or continue any litigation.

8. CONTRACT OF INDEMNITY; DETERMINATION AND EXTENT OF LIABILITY

This policy is a contract of indemnity against actual monetary loss or damage sustained or incurred by an
Insured Claimant who has suffered loss or damage by reason of matters insured against by this policy. This
policy is not an abstract of the Title, report of the condition of the Title, legal opinion, opinion of the Title, or
other representation of the status of the Title. All claims asserted under this policy are based in contract and
are restricted to the terms and provisions of this policy. The Company is not liable for any claim alleging
negligence or negligent misrepresentation arising from or in connection with this policy or the determination
of the insurability of the Title.
a. The extent of liability of the Company for loss or damage under this policy does not exceed the lesser
of:
i. the Amount of Insurance; or
ii. the difference between the fair market value of the Title, as insured, and the fair market value of
the Title subject to the matter insured against by this policy.
b. Except as provided in Condition 8.c. or 8.d., the fair market value of the Title in Condition 8.a.ii. is
calculated using the date the Insured discovers the defect, lien, encumbrance, adverse claim, or other
matter insured against by this policy.
c. If, at the Date of Policy, the Title to all of the Land is void by reason of a matter insured against by this
policy, then the Insured Claimant may, by written notice given to the Company, elect to use the Date of
Policy as the date for calculating the fair market value of the Title in Condition 8.a.ii.
d. If the Company pursues its rights under Condition 5.b. and is unsuccessful in establishing the Title, as
insured:
i. the Amount of Insurance will be increased by 15%; and
ii. the Insured Claimant may, by written notice given to the Company, elect, as an alternative to the
dates set forth in Condition 8.b. or, if it applies, 8.c., to use either the date the settlement, action,
proceeding, or other act described in Condition 5.b. is concluded or the date the notice of claim
required by Condition 3 is received by the Company as the date for calculating the fair market
value of the Title in Condition 8.a.ii.
e. In addition to the extent of liability for loss or damage under Conditions 8.a. and 8.d., the Company will
also pay the costs, attorneys’ fees, and expenses incurred in accordance with Conditions 5 and 7.

9. LIMITATION OF LIABILITY
a. The Company fully performs its obligations and is not liable for any loss or damage caused to the
Insured if the Company accomplishes any of the following in a reasonable manner:
i. removes the alleged defect, lien, encumbrance, adverse claim, or other matter;
ii. cures the lack of a right of access to and from the Land; or
iii. cures the claim of Unmarketable Title,
all as insured. The Company may do so by any method, including litigation and the completion of any
appeals.
b. The Company is not liable for loss or damage arising out of any litigation, including litigation by the
Company or with the Company’s consent, until a State or federal court having jurisdiction makes a final,
non-appealable determination adverse to the Title.
c. The Company is not liable for loss or damage to the Insured for liability voluntarily assumed by the
Insured in settling any claim or suit without the prior written consent of the Company.
d. The Company is not liable for the content of the Transaction Identification Data, if any.

Copyright 2021 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.
Form 50136932 (8-2-22) Page 9 of 11
 Owner’s Policy of Title Insurance
Nevada (WRE) - 2021 v. 01.00 (07-01-2021)

10. REDUCTION OR TERMINATION OF INSURANCE

All payments under this policy, except payments made for costs, attorneys’ fees, and expenses, reduce the
Amount of Insurance by the amount of the payment.

11. LIABILITY NONCUMULATIVE

The Amount of Insurance will be reduced by any amount the Company pays under any policy insuring a
Mortgage to which exception is taken in Schedule B or to which the Insured has agreed, assumed, or taken
subject, or which is executed by an Insured after the Date of Policy and which is a charge or lien on the Title,
and the amount so paid will be deemed a payment to the Insured under this policy.

12. PAYMENT OF LOSS

When liability and the extent of loss or damage are determined in accordance with the Conditions, the
Company will pay the loss or damage within 30 days.

13. COMPANY’S RECOVERY AND SUBROGATION RIGHTS UPON SETTLEMENT AND PAYMENT
a. If the Company settles and pays a claim under this policy, it is subrogated and entitled to the rights and
remedies of the Insured Claimant in the Title and all other rights and remedies in respect to the claim
that the Insured Claimant has against any person, entity, or property to the fullest extent permitted by
law, but limited to the amount of any loss, costs, attorneys’ fees, and expenses paid by the Company.
If requested by the Company, the Insured Claimant must execute documents to transfer these rights
and remedies to the Company. The Insured Claimant permits the Company to sue, compromise, or
settle in the name of the Insured Claimant and to use the name of the Insured Claimant in any
transaction or litigation involving these rights and remedies.
b. If a payment on account of a claim does not fully cover the loss of the Insured Claimant, the Company
defers the exercise of its subrogation right until after the Insured Claimant fully recovers its loss.
c. The Company’s subrogation right includes the Insured’s rights to indemnity, guaranty, warranty,
insurance policy, or bond, despite any provision in those instruments that addresses recovery or
subrogation rights.

14. POLICY ENTIRE CONTRACT

a. This policy together with all endorsements, if any, issued by the Company is the entire policy and
contract between the Insured and the Company. In interpreting any provision of this policy, this policy
will be construed as a whole. This policy and any endorsement to this policy may be evidenced by
electronic means authorized by law.
b. Any amendment of this policy must be by a written endorsement issued by the Company. To the extent
any term or provision of an endorsement is inconsistent with any term or provision of this policy, the
term or provision of the endorsement controls. Unless the endorsement expressly states, it does not:
i. modify any prior endorsement,
ii. extend the Date of Policy,
iii. insure against loss or damage exceeding the Amount of Insurance, or
iv. increase the Amount of Insurance.

15. SEVERABILITY
In the event any provision of this policy, in whole or in part, is held invalid or unenforceable under applicable
law, this policy will be deemed not to include that provision or the part held to be invalid, but all other provisions
will remain in full force and effect.

16. CHOICE OF LAW AND CHOICE OF FORUM

a. Choice of Law
The Company has underwritten the risks covered by this policy and determined the premium charged
in reliance upon the State law affecting interests in real property and the State law applicable to the
interpretation, rights, remedies, or enforcement of policies of title insurance of the State where the Land
is located.

Copyright 2021 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.
Form 50136932 (8-2-22) Page 10 of 11
 Owner’s Policy of Title Insurance
Nevada (WRE) - 2021 v. 01.00 (07-01-2021)

The State law of the State where the Land is located, or to the extent it controls, federal law, will
determine the validity of claims against the Title and the interpretation and enforcement of the terms of
this policy, without regard to conflicts of law principles to determine the applicable law.
b. Choice of Forum
Any litigation or other proceeding brought by the Insured against the Company must be filed only in a
State or federal court having jurisdiction.

17. NOTICES
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: First American Title Insurance Company, Attn: Claims
National Intake Center, 5 First American Way, Santa Ana, California 92707. Phone: 888-632-1642
(claims.nic@firstam.com).

18. CLASS ACTION

ALL CLAIMS AND DISPUTES ARISING OUT OF OR RELATING TO THIS POLICY, INCLUDING ANY
SERVICE OR OTHER MATTER IN CONNECTION WITH ISSUING THIS POLICY, ANY BREACH OF A
POLICY PROVISION, OR ANY OTHER CLAIM OR DISPUTE ARISING OUT OF OR RELATING TO THE
TRANSACTION GIVING RISE TO THIS POLICY, MUST BE BROUGHT IN AN INDIVIDUAL CAPACITY. NO
PARTY MAY SERVE AS PLAINTIFF, CLASS MEMBER, OR PARTICIPANT IN ANY CLASS,
REPRESENTATIVE, OR PRIVATE ATTORNEY GENERAL PROCEEDING.

19. ARBITRATION
a. All claims and disputes arising out of or relating to this policy, including any service or other matter in
connection with issuing this policy, any breach of a policy provision, or any other claim or dispute arising
out of or relating to the transaction giving rise to this policy, may be resolved by arbitration. If the Amount
of Insurance is $2,000,000 or less, any claim or dispute may be submitted to binding arbitration at the
election of either the Company or the Insured. If the Amount of Insurance is greater than $2,000,000,
any claim or dispute may be submitted to binding arbitration only when agreed to by both the Company
and the Insured. Arbitration must be conducted pursuant to the Title Insurance Arbitration Rules of the
American Land Title Association (“ALTA Rules”). The ALTA Rules are available online at
www.alta.org/arbitration. The ALTA Rules incorporate, as appropriate to a particular dispute, the
Consumer Arbitration Rules and Commercial Arbitration Rules of the American Arbitration Association
(“AAA Rules”). The AAA Rules are available online at www.adr.org.
b. ALL CLAIMS AND DISPUTES MUST BE BROUGHT IN AN INDIVIDUAL CAPACITY. NO PARTY MAY
SERVE AS PLAINTIFF, CLASS MEMBER, OR PARTICIPANT IN ANY CLASS, REPRESENTATIVE,
OR PRIVATE ATTORNEY GENERAL PROCEEDING IN ANY ARBITRATION GOVERNED BY
CONDITION 19. The arbitrator does not have authority to conduct any class action arbitration, private
attorney general arbitration, or arbitration involving joint or consolidated claims under any circumstance.
c. If there is a final judicial determination that a request for particular relief cannot be arbitrated in
accordance with this Condition 19, then only that request for particular relief may be brought in court.
All other requests for relief remain subject to this Condition 19.
d. The Company will pay all AAA filing, administration, and arbitrator fees of the consumer when the
arbitration seeks relief of $100,000 or less. Other fees will be allocated in accordance with the
applicable AAA Rules. The results of arbitration will be binding upon the parties. The arbitrator may
consider, but is not bound by, rulings in prior arbitrations involving different parties. The arbitrator is
bound by rulings in prior arbitrations involving the same parties to the extent required by law. The
arbitrator must issue a written decision sufficient to explain the findings and conclusions on which the
award is based. Judgment upon the award rendered by the arbitrator may be entered in any State or
federal court having jurisdiction.

NOTE: Bracketed [ ] material optional

Copyright 2021 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.
Form 50136932 (8-2-22) Page 11 of 11