WI Release of Personal Liability of Mortgagor Endorsement 11
ENDORSEMENT ATTACHED TO AND MADE A PART
STEWART TITLEGUARANTY COMPANY
HEREIN CALLED THE COMPANY
The Company hereby agrees that its liability for the payment of any loss or damage under the terms and provisions of said policy shall not be affected by reason of the fact that the mortgagors or persons previously owning the land have been released from personal liability to pay the debt secured by the mortgage described in Schedule A by Agreement recorded as document No.
THIS ENDORSEMENT MAY NOT BE ISSUED WITHOUT APPROVAL FROM STEWART TITLE GUARANTY UNDERWRITING PERSONNEL.
The total liability of the Company under said policy and any endorsement thereto shall not exceed, in the aggregate, the face amount of said policy and costs which the Company is obligated under the Conditions and Stipulations thereof to pay.
This endorsement, when countersigned by an authorized officer or agent, is made a part of said policy as of the policy date thereof and is subject to the Schedules, Conditions and Stipulations and Exclusions from Coverage therein contained, except as modified by the provisions hereof.
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