![]() ![]() Nothing contained in this paragraph shall be construed as limiting any exception or any printed provision of this policy." In no event shall the liability of the Company hereunder exceed the face amount of this policy. Any expenditures made for improvements, subsequent to the date of this policy, will be deemed made as of the date of this policy. Liability shall increase as contemplated improvements are made, so that any loss payable hereunder shall be limited to said sum plus the amount actually expended by the Insured in improvements at the time the loss occurs. "Liability hereunder at the date hereof is limited to $_. However, the Company does insure the Insured against loss, if any, sustained by the Insured under this Policy if such liens have been filed with the County Clerk of _ County, Texas, prior to the date hereof." "Any and all liens arising by reason of unpaid bills or claims for work performed or materials furnished in connection with improvements placed, or to be placed, upon the subject land. ![]() (1) When an Owner Policy is issued in an amount to include the cost of immediately contemplated improvements, the Policy must contain the following exception in Schedule B: Procedural Rule P-8 requires the inclusion in Schedule B of a "Liability" paragraph in any Owner Policy issued which includes the cost of immediately contemplated improvements. ![]()
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