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,T <br /> COMMITMENT CONDITIONS <br /> 1. DEFINITIONS <br /> (a) "Knowledge"or"Known": Actual or imputed knowledge, but not constructive notice imparted by the Public Records. <br /> (b) "Land": The land described in Schedule A and affixed improvements that by law constitute real property.The term"Land" <br /> does not include any property beyond the lines of the area described in Schedule A, nor any right,title, interest,estate, or <br /> easement in abutting streets, roads,avenues,alleys, lanes,ways, or waterways, but this does not modify or limit the extent <br /> that a right of access to and from the Land is to be insured by the Policy. <br /> (c) "Mortgage": A mortgage,deed of trust,or other security instrument, including one evidenced by electronic means authorized <br /> by law. <br /> (d) "Policy": Each contract of title insurance, in a form adopted by the American Land Title Association, issued or to be issued by <br /> the Company pursuant to this Commitment. <br /> (e) "Proposed Insured": Each person identified in Schedule A as the Proposed Insured of each Policy to be issued pursuant to this <br /> Commitment. <br /> (f) "Proposed Policy Amount": Each dollar amount specified in Schedule A as the Proposed Policy Amount of each Policy to be <br /> issued pursuant to this Commitment. <br /> (g) "Public Records": Records established under state statutes at the Commitment Date for the purpose of imparting constructive <br /> notice of matters relating to real property to purchasers for value and without Knowledge. <br /> (h) "Title": The estate or interest described in Schedule A. <br /> 2. If all of the Schedule B, Part I—Requirements have not been met within the time period specified in the Commitment to Issue <br /> Policy,this Commitment terminates and the Company's liability and obligation end. <br /> 3. The Company's liability and obligation is limited by and this Commitment is not valid without: <br /> (a) the Notice; <br /> (b) the Commitment to Issue Policy; <br /> (c) the Commitment Conditions; <br /> (d) Schedule A; <br /> (e) Schedule B, Part I—Requirements; and <br /> (f) Schedule B, Part II—Exceptions. <br /> 4. COMPANY'S RIGHT TO AMEND <br /> The Company may amend this Commitment at any time. If the Company amends this Commitment to add a defect, lien, <br /> encumbrance,adverse claim, or other matter recorded in the Public Records prior to the Commitment Date, any liability of the <br /> Company is limited by Commitment Condition 5.The Company shall not be liable for any other amendment to this Commitment. <br /> 5. LIMITATIONS OF LIABILITY <br /> (a) The Company's liability under Commitment Condition 4 is limited to the Proposed Insured's actual expense incurred in the <br /> interval between the Company's delivery to the Proposed Insured of the Commitment and the delivery of the amended <br /> Commitment, resulting from the Proposed Insured's good faith reliance to: <br /> (i) comply with the Schedule B, Part I—Requirements; <br /> (ii) eliminate,with the Company's written consent,any Schedule B, Part II—Exceptions; or <br /> (iii) acquire the Title or create the Mortgage covered by this Commitment. <br /> (b) The Company shall not be liable under Commitment Condition 5(a) if the Proposed Insured requested the amendment or had <br /> Knowledge of the matter and did not notify the Company about it in writing. <br /> (c) The Company will only have liability under Commitment Condition 4 if the Proposed Insured would not have incurred the <br /> expense had the Commitment included the added matter when the Commitment was first delivered to the Proposed Insured. <br /> (d) The Company's liability shall not exceed the lesser of the Proposed Insured's actual expense incurred in good faith and <br /> described in Commitment Conditions 5(a)(i)through 5(a)(iii)or the Proposed Policy Amount. <br /> (e) The Company shall not be liable for the content of the Transaction Identification Data, if any. <br /> (f) In no event shall the Company be obligated to issue the Policy referred to in this Commitment unless all of the Schedule B, <br /> Part I—Requirements have been met to the satisfaction of the Company. <br /> (g) In any event,the Company's liability is limited by the terms and provisions of the Policy. <br /> This page is only a part of a 2016 ALTA()Commitment for Title Insurance issued by First American Title Insurance Company. This Commitment is not <br /> valid without the Notice;the Commitment to Issue Policy;the Commitment Conditions;Schedule A;Schedule B,Part I-Requirements;Schedule B,Part <br /> II-Exceptions. <br /> Copyright 2006-2016 American Land Title Association.All rights reserved. <br /> 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 <br /> are prohibited. Reprinted under license from the American Land Title Association. <br /> Form 50003700(8-23-18) Page 2 of 14 ALTA Commitment for Title Insurance(8-1-16) <br /> Washington <br />