COVERAGE STATEMENT SUBJECT TO THE PROVISIONS SET FORTH BELOW, We insure you against loss or damage resulting from one or more of the Covered Risks if the matter creating the risk exists on the Date of Policy or, to the extent expressly stated in any Covered Risk, after the Date of Policy. We will also pay the costs, attorneys' fees, and expenses provided for under this policy. Your insurance is effective on the Date of Policy. This policy covers You only if the Land is improved with an existing one-to-four family residence and each party named in Item 1 of Schedule A is a Natural Person or Estate Planning Entity. Your insurance is further limited by all of the following: Amount of Insurance For Covered Risks 16, 18, 19, and 21, Your Deductible Amount and Our Maximum Dollar Limit of Liability shown in Schedule A Exceptions from Coverage in Schedule B Our Duty to Defend against Legal Actions Exclusions from Coverage Conditions COVERED RISKS 8. Someone else has a lien on Your Title. Some examples of liens are: a. a lien of real estate taxes or assessments imposed on Your Title by a governmental authority due or payable, but unpaid; b. a Mortgage; c. a judgment lien; d. a State or federal tax lien; e. a charge by a homeowner's or condominium association; or f. a statutory lien, attaching before or after the Date of Policy, for service, labor, material, or equipment in connection with an improvement or work related to the Land and furnished before the Date of policy