CO Revolving Credit Endorsement 46
ATTACHED TO AND MADE
A PART OF POLICY OF TITLE INSURANCE
STEWART TITLE GUARANTY COMPANY
HEREIN CALLED THE COMPANY
The Company hereby assures the Insured that, notwithstanding any terms or provisions in this policy to the contrary:
Advances made subsequent to the Date of Policy pursuant to the terms of the "Personal Line of Credit Customer Agreement", which are secured by the insured mortgage, shall be included within the coverage of this policy not to exceed the face amount of said policy, provided that said vestee is the owner of the estate or interest covered by said policy at the date any such advances are made and subject to the limitations hereinafter set forth.
The Company further assures the Insured that such subsequent advances shall have the same priority over liens, encumbrances and other matters disclosed by the public records, as do advances secured by the insured mortgage as of Date of Policy except for the following matters, if any, disclosed by the public records, subsequent to policy date:
a. Federal tax liens.
b. Liens, encumbrances or other matters, the existence of which are actually known to the Insured prior to date of such advances.
c. Bankruptcies affecting the estate of the vestee prior to date of such advances.
The total liability of the Company under said policy and any endorsements therein 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 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.
No issuing guidelines are available for this form at this time.
No guidelines are available for this form at this time.