T-3 TX Assignment of Lien Endorsement
STEWART TITLE GUARANTY COMPANY ENDORSEMENT
Attached to and made a part of Stewart Title Guaranty Company Policy No. M _______, this _____ day of ______________________, 20___.
"Said Mortgagee Policy is hereby amended to name as the Insured: __________________
The lien described in Schedule A of said policy has been assigned to said named insured by assignment dated the _____ day of ________________, 20___, recorded at _____ .M. in the Office of the County Clerk of ________________ County, Texas (here insert Clerk's file number or book and page of recording), and Schedule A of said policy is hereby amended to cover said assignment, and it is expressly stated that the effective date of said policy is changed to the date of this Endorsement."
"As of the date of this Endorsement, Company insures the insured against loss, if any, sustained by the insured under the terms of the policy if said lien is not a valid lien against the property described in Schedule A of said policy, subject to the matters set forth in Schedule B, the terms and provisions of said policy and the following:"
(Here insert any exception necessary by reason of matters arising since the date of the Policy or delete the immediately preceding words "and the following:")
"The Company insures that all standby fees, taxes and assessments by any taxing authority against the property described in Schedule A of said policy have been paid up to and including the year 20___ except subsequent taxes and assessments by any taxing authority for prior years due to change in land usage or ownership, and except: (specify or delete the immediately preceding words "and except".)"
"This Endorsement shall be effective when the note or notes secured by the lien insured have been delivered to the Insured named herein."
IN WITNESS WHEREOF, the STEWART TITLE GUARANTY COMPANY has caused this Endorsement to be executed by its President under the seal of the Company, but this Endorsement is to be valid only when it bears an authorized countersignature.
For issuing guidelines on this form, see Guidelines