excipio

Excipio, excipere, excepi, exceptum is a third conjugation -io verb, ex plus capio. Its range is wider than any single English word: to take out, and so to make an exception of; to welcome a guest; to catch something falling, or a blow, or an enemy in ambush; and, of a narrative, to come next in sequence.

The ablative absolute excepto or exceptis is the ordinary way to say "except for", and it agrees with whatever is being excepted, so you get exceptis paucis but excepto rege. English except, exception and excerpt all descend from it, and the legal sense of "taking exception" is the Latin one intact.