LA ALTA Endorsement 37-06 Assignment of Rents or Leases 12-03-12

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LA ALTA Endorsement 37-06 Assignment of Rents or Leases 12-03-12

Form Document
04/17/2014
V 1

ENDORSEMENT

ATTACHED TO POLICY NUMBER      

 

ISSUED BY

 

 

File No:       

Charge:       

  1. The insurance provided by this endorsement is subject to the Exclusions from Coverage, the Exceptions form Coverage contained in Schedule B, and the Conditions in the policy.
  2. The Company insures against loss or damage sustained by the Insured by reason of:
    1. Any defect in the execution of the       referred to in paragraph       of Part       of Schedule B; or
    2. Any assignment of the lessor’s interest in any lease or leases or any assignment of rents affecting the Title and recorded in the Public Records at Date of Policy other than as set forth in any instrument referred to in Schedule B.

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.  This endorsement is issued on this the       day of      , 20     .

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

 

Countersigned by:

 

 

______________________________

Authorized Countersignature

______________________________

Company Name

______________________________

City, State

 

 

 

 

 

 

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.

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