PA Apparent Existing Violation Construction Endorsement 101
STEWART TITLE GUARANTY COMPANY
Attached to and made a part of its Title Policy Number File Number
The Company insures that the covenants, conditions and restrictions affecting the title to the land contained in _________________________________________ are unaccompanied by a right of reverter and have not been violated to the date hereof, except _________________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________.
Notwithstanding said violation, the Company insures against loss occasioned by the enforcement or attemtpted enforcement of said covenants, conditions and restrictions by litigation which requires in the collections of money damages in lieu thereof.
As used in this endorsement, the words "covenants, conditions and restrictions" shall not be deemed to refer to or include any tems, covenants, conditions or limitations contained in an instrument creating a lease.
As used in this endorsement, the words "covenants, conditions and restrictions" shall not be deemed to refer to or include any covenants, conditions or restrictions relating to environmental protection.
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 endorsements thereon 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 is made a part of said policy and is subject to the schedules, 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 said policy, unless otherwise expressly stated.
In Witness Whereof, STEWART TITLE GUARANTY COMPANY has caused to be hereto affixed, duly attested, its corporate seal this __________ day of __________, 20_____.
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