CO Impairment of Lien by Partial Release & Assurances Concerning Encroachments Endorsement 111.3

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CO Impairment of Lien by Partial Release & Assurances Concerning Encroachments Endorsement 111.3

Form Document
08/31/2005
V 1

ENDORSEMENT ATTACHED TO AND MADE A PART

OF POLICY OF TITLE INSURANCE

SERIAL NUMBER __________

ISSUED BY

STEWART TITLE GUARANTY COMPANY

HEREIN CALLED THE COMPANY

Order No.:

The Company hereby insures against loss or damage which the insured shall sustain by reason of any impairment of the lien thereof on the estate or interest in the remainder of the land described in Schedule A, occasioned by the execution of a partial release dated _____________________ and recorded _____________________.

The Company further insures that there are no encroachments of buildings, structures, or improvements located on the said remainder of land described in Schedule A upon adjoining lands; nor any encroachments of buildings, structures, or improvements located on adjoining lands upon said remainder of land described in Schedule A; and that at the date of this endorsement there is located on said remainder of land described in Schedule A known as ________________________________.

The Company hereby insures against loss or damage which the insured shall sustain in the event that the assurance herein shall prove to be incorrect.

This endorsement is not to be construed as insuring the title to said land as of any later date than the date of said policy, except as herein expressly provided as to the subject matter hereof.

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.

Signed under seal for the Company, but this endorsement is to be valid only when it bears an authorized countersignature.

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.