STG Future Insurance/Commercial Inflation Protection Endorsement 1

This form should not be used if a comparable ALTA version is available. If a comparable ALTA version is available, the most current version of the ALTA form available in each state should be used, unless approved by a Stewart underwriter.

STEWART TITLE GUARANTY COMPANY

COMMERCIAL INFLATION PROTECTION AGREEMENT

Issued with Owner's Title Insurance Policy No. __________

Stewart Title Guaranty Company, recognizing the effect of inflation on real estate values and the need of an Insured owner to be able to obtain an additional amount of title insurance, hereby agrees as follows:

Provided the land described under Schedule A of said Policy is presently improved by a structure other than a one to four family residence, Stewart Title Guaranty Company, upon request and payment of the applicable premium within five years of the original Date of Policy, will increase the Amount of Insurance, as stated in Schedule A of the Policy, to an amount not exceeding one hundred and fifty percent of the stated Amount of Insurance.

Any such increase in the Amount of Insurance will not be applicable to the amount of liability Stewart Title Guaranty Company might have for any claim under the Policy which the Insured has filed or has knowledge of at the time the request for such increase is made.

The premium for such additional Amount of Insurance shall be calculated at the rate of $ ________ per thousand dollars of additional Amount of Insurance.

THIS ENDORSEMENT MAY NOT BE ISSUED WITHOUT APPROVAL FROM STEWART TITLE GUARANTY UNDERWRITING PERSONNEL

This Agreement is subject to the availability, at a rate not exceeding that set forth above, of reinsurance or coinsurance of any portion of the requested additional Amount of Insurance, if such reinsurance or coinsurance is required by the Insured or by any governmental law or regulation.

This Agreement neither modifies any of the terms and provisions of the Policy and Endorsements, if any, nor does it extend the Date of Policy and Endorsements or increase the Amount of Insurance.

IN WITNESS WHEREOF, the Company has caused this Agreement to be signed and sealed as of the _____ day of ____________ , 20 ____ , to be valid when countersigned by an authorized officer or agent of the Company, all in accordance with its by-laws.

[Witness clause optional]

For issuing guidelines on this form, see Guidelines