This schedule includes the exceptions to the policy that will be issued. An exception is something that will not be covered in the title policy and Schedule B includes both standard exceptions and property specific exceptions. A “standard exception” is one that includes language required by the Texas Department of Insurance. These are exceptions to coverage that are found in every Lender’s title policy. They do not change. A specific exception is one that affects the specific property to be insured and is not standard. Specific exceptions can include things like restrictions, easements, mineral severance and set back requirements.