STG Beneficial Interest Endorsement 3

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STG Beneficial Interest Endorsement 3

Form Document
10/25/2005
V 1

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 POLICY NO. __________

ISSUED BY

STEWART TITLE GUARANTY COMPANY

The provisions of said policy are hereby modified and amended as of the date hereof as to the following matters and none other:

The Company hereby insures the Insured that the Deed of Trust referred to in Paragraph 3 of Schedule A of the Policy constitutes a valid lien against that certain beneficial interest in Trust No. __________ referred to in Schedule B of the Policy.

The Company hereby insures said Insured against loss which said Insured shall sustain in the event that the insurance herein shall prove to be incorrect.

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.