STG Insuring Around Endorsement 1

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STG Insuring Around Endorsement 1

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 (including costs, attorneys' fees and expenses of defense as provided in the Conditions and Stipulations of this policy) which the insured shall sustain by reason of the entry of a final order in a proceeding commenced subsequent to date of policy in a court of competent jurisdiction to enforce the lien, encumbrance, or interest noted at exception numbers _____ and _____ , which said order determines that said lien, encumbrance or interest has priority over the estate or mortgage insured by this policy and enforces or awards full or partial satisfaction thereof out of the land described in Schedule A.

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.