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

Explanation:

This endorsement provides an insured lender with insurance against impairment of the lien on remaining land after a partial release with further assurances that there are no encroachments onto adjoining land or encroachments of improvements on adjoining onto the remaining land and that as of the date of the endorsement, a particular improvement on the remaining land exists and is identified by a designated street address.

Underwriting Requirements:

(1) This endorsement is a combination of the coverages afforded under three separate existing endorsements. These three endorsements are the Colorado 111 Endorsement, paragraph 1(c) of the Colorado 100 Endorsement and the Colorado 116 Endorsement.
(2) The Underwriting Requirements of each of these separate endorsements must be complied with before issuance of the Colorado 111.3 Endorsement.
(3) Additional requirements are that a title search be made and a physical inspection of the property take place.