Wood elves have a racial bonus that reads like this (see pg. 26 of the rulebook)
Nature Bond : Wood elves gain a [fortune die] bonus to combat initiative, as well as to Observation and Stealth checks while they are in woodland terrain.
There are two possible interpretations of this racial bonus, and both seem to me to be equally valid based on the syntax used:
"Wood Elves gain a [fortune die] bonus to combat initiative. Also, while they are in woodland terrain, Wood Elves gain a [fortune die] bonus to Stealth and Observation checks."
or
"While they are in woodland terrain, Wood Elves gain a [fortune die] bonus to the following actions: combat initiative, Stealth checks, and Observation checks."
In the former case, the bonus to combat initietive is not dependent upon the Wood Elf being in woodland terrain, In the latter case, the Wood Elf only gains the bonus to combat initiative while in woodland terrain.
Which interpretation do you use in your game?