STG Leasehold Endorsement 3

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STG Leasehold Endorsement 3

Form Document
06/10/2008
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 and Made a Part of
Policy No. __________
Issued By

STEWART TITLE GUARANTY COMPANY


The Company hereby insures the insured against loss or damage (excluding delay, consequential or exemplary-type damages) which the insured shall sustain by reason of any inaccuracy in the following insurance:

 The Company insures that nothing appears in the Public Records as of the Date of Policy, other than items contained in this policy, which would give the Lessor in the leases at Item 2 of Schedule A herein (The Leases) the right to terminate the interest of the Lessee in The Leases.


[Review for assignability and free encumbrance; liens; bankruptcy.]

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.