PA Open End Mortgage/Construction Endorsement 1015

STEWART TITLE GUARANTY COMPANY

ENDORSEMENT

Attached to and made a part of Policy Number File Number

The Company hereby insures the insured that:

Advances made subsequent to the Date of Policy pursuant to Act 126 of 1990-42 PA. C.S.A. Section 8143. et seq to pay toward, or to provide funds to the mortgagor to pay toward all or part of the cost of completing any erection, construction, alteration or repair of any part of the mortgage premises, the financing of which, in whole or in part, the insured mortgage is given to secure ("Advances"), shall be included within the coverage of the Policy and not to exceed the face amount of the Policy so long as the mortgagor is still the owner of the estate or interest covered by the Policy.

The Company further insures the Insured that the lien of the insured mortgage as it secures Advances shall have the same priority over liens, encumbrances and other matters disclosed by the public records as if Advances had been made as of the Date of Policy except for the following:

1. Federal Tax Liens, notice of which is filed prior to the date of any Advances;

2. Bankruptcies affecting the estate of the mortgagor prior to the date of any Advances;

The total liability of the Company under the Policy and any endorsement thereto shall not exceed in the aggregate, the face amount of the Policy and costs which the Company is obligated under the conditions and stipulations thereof to pay.

This endorsement when countersigned by an authorized signatory is made a part of the Policy and is subject the schedule, conditions and stipulations therein, except as modified by the provisions hereof.

Nothing herein contained shall be construed as extending or changing the effective date of the Policy unless otherwise expressly stated.

IN WITNESS WHEREOF, the COMPANY has caused this Endorsement to be issued and valid when signed by an authorized officer or licensed agent of the Company, all in accordance with its By-Laws.

No guidelines are available for this form at this time.