CO Violation of Non-Profit Corporation By-laws Endorsement 100.16

ENDORSEMENT ATTACHED TO AND MADE A PART

OF POLICY OF TITLE INSURANCE

SERIAL NUMBER __________

ISSUED BY

STEWART TITLE GUARANTY COMPANY

HEREIN CALLED THE COMPANY

Order No.:

The Company hereby insures the Insured against loss which said Insured shall sustain:

by reason of any judicial enforcement of those provisions of the Declaration of Restrictions (or Deed) referred to in paragraph ________ of Schedule ________ or of those provisions of the by-laws of ______________________________ a non-profit corporation, purporting to require membership in said association as a prerequisite to the ownership of the estate or interest described in Schedule ________.

This endorsement is made a part of the policy and is subject to all of the terms and provisions thereof and of any prior endorsements thereto. Except to the extent expressly stated, it neither modifies any of the terms and provisions of the policy and any prior endorsements, nor does it extend the effective date of the policy and any prior endorsements, nor does it increase the face amount thereof.

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

For issuing guidelines on this form, see Guidelines