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SCHEDULEB
<br />Commitment No
<br />42618
<br />Schedule B of the policy or policies to be issued will contain exceptions to the following matters unless the
<br />same ore disposed of to the satisfaction of the Company:
<br />A. Instruments necessary to create the estate or interest to be insured must be properly executed, de-
<br />livered and duly filed for record.
<br />B. Payment of the full consideration to, or for the account of, the grantors or mortgagors should be made.
<br />C. Payment of all taxes, charges, assessments, levied and assessed against subject premises, which are
<br />due and payable should be made.
<br />D. Defects, liens, encumbrances, adverse claims, or other matters, if any, created, first appearing in the
<br />public records or attaching subsequent to the effective date hereof but prior to the dote the proposed
<br />Insured acquires for value of record the estate or interest or mortgage thereon covered by this Commit-
<br />ment.
<br />E. Any Owner's Policy issued pursuant hereto will contain under Schedule B the General Exceptions set
<br />forth below. Any Loan Policy will contain under Schedule B General Exceptions 1, 2 and 3 unless a
<br />satisfactory survey is furnished; General Exception 4 will appear unless satisfactory evidence is
<br />furnished that improvements and/or repairs or alterations thereto are completed; that contractor,
<br />subcontractors, labor and materialmen are all paid.
<br />General Exceptions:
<br />1. Rights or Claims of parties in possession not shown by the public records.
<br />2. Easements, or claims of easements, not shown by the public records.
<br />3. Encroachments, overlaps, boundary line disputes, or other matters which would be disclosed
<br />by an accurate survey or inspection of the premises.
<br />4. Any lien, or right to a lien, for services, labor, or material heretofore or hereafter furnished,
<br />imposed by law and not shown by the public records.
<br />5. Taxes or special assessments which are not shown as existing liens by the public records.
<br />F. Special Exceptions:
<br />1. Short Form Lease dated November 20, 1958 between Gafill Oil Company, Inc.,
<br />a corporation, as Lessor and D-X Sunray Oil Company, a corporation, as
<br />Lessee, for a term commencing on the 1st day of January, 1959 and ending
<br />on the 31st day of December, 1978, with a certain renewal option, re-
<br />corded November 21, 1962, in Book 192, pages 650-655.
<br />(Affects Lot Numbered one hundred fifty-seven (157) as shown on the
<br />Original Plat of the Town now City of South Bend, except a strip of
<br />land forty and one-half (1403,�) feet in width from east to west taken off
<br />of and from the entire width of the west end of said lot; also the north
<br />half of Lot Numbered one hundred fifty-eight (158) as shown on the
<br />Original Plat of the Town now City of South Bend.)
<br />2. Memorandum of Lease dated April 15, 1974, by and between Sun Oil Company
<br />of Pennsylvania, A Pennsylvania Corporation, Lessor, and Amtel, Inc., a
<br />Rhode Island Corporation, successor by merger to South Central Oil Company,
<br />a Delaware Corporation, Lessee, recorded June 20, 1974 in Book 285, pages
<br />120-121.
<br />(Affects Lot Numbered one hundred fifty-seven (157) as shown on the
<br />Original Plat of the Town now City of South Bend, except a strip of land
<br />forty and one-half (401z) feet in width from east to west taken off of
<br />and from the entire width of the west end of said lot; also the north
<br />half of Lot Numbered one hundred fifty-eight (158) as shown on the
<br />Original Plat of the Town now City of South Bend,)
<br />- continued -
<br />FORM NO. 2289
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