This form should not be used if a comparable ALTA version is available. If a comparable ALTA version is available, the most current version of the ALTA form available in each state should be used, unless approved by a Stewart underwriter.
ENDORSEMENT
Attached To and Made a Part of
Policy No. __________
Issued By
STEWART TITLE GUARANTY COMPANY
Rights claimed in personal property attached or unattached to the real estate or buildings, are not insured under this Policy. However, if a claim based upon title defects, liens or encumbrances is made under this Policy with reference to the estate insured under Schedule A, then, subject to the limits of coverage of this Policy, such claim may include as a measure of damages, loss in value of the property severed by the Severance Agreement entered into by and between ______________________________________
_______________________________________________________________ , recorded __________________ , as Document No. __________ , to the extent that the property severed by such Severance Agreement would constitute real property under ___________________ (insert State name) law in the absence of the Severance Agreement.
THIS ENDORSEMENT MAY NOT BE ISSUED WITHOUT APPROVAL FROM STEWART TITLE GUARANTY UNDERWRITING PERSONNEL
This endorsement is made a part of the policy and is subject to all of the terms and provisions thereof and of any prior endorsements thereto. Except to the extent expressly stated, it neither modifies any of the terms and provisions of the policy and any prior endorsements, nor does it extend the effective date of the policy and any prior endorsements, nor does it increase the face amount thereof.
[Witness clause optional]
This endorsement is issued as part of the policy. Except as it expressly states, it does not (i) modify any of the terms and provisions of the policy, (ii) modify any prior endorsements, (iii) extend the Date of Policy or (iv) increase the Amount of Insurance. To the extent a provision of the policy or a previous endorsement is inconsistent with an express provision of this endorsement, this endorsement controls. Otherwise, this endorsement is subject to all of the terms and provisions of the policy and of any prior endorsements.
For issuing guidelines on this form, see Guidelines.