PA 102 Endorsement-Proposed Construction Will Not Violate Restrictions (4/1/2007)

ENDORSEMENT

ISSUED BY

STEWART TITLE GUARANTY COMPANY

 

Attached to and made a part of Policy Number _____________________

The Company insures that the presently contemplated construction on the Land pursuant to and in strict accordance with [will not violate the covenants, conditions and restrictions, affecting the Title to the Land referred to in this policy, [to wit:]

A future violation of said covenants, conditions and restrictions will not cause a forfeiture or reversion of Title.

As used in this endorsement, the words "covenants, conditions and restrictions" shall not be deemed to refer to or include any terms, 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 is issued as part of the Policy.  Except as it expressly states, it does not (i) modify any of the terms and provisions of the Policy, (ii) modify any prior endorsements, (iii) extend the Date of Policy, or (iv) increase the Amount of Insurance.  To the extent a provision of the Policy or a previous endorsement is inconsistent with an express provision of this endorsement, this endorsement controls.  Otherwise, this endorsement is subject to all of the terms and provisions of the Policy and of any prior endorsements .

IN WITNESS WHEREOF, the Company has caused this endorsement to be issued and become valid when signed by an authorized officer or licensed agent of the Company.

 

Countersigned:

Authorized Countersignature

 

OWNER'S AND/OR LOAN POLICY

TIRBOP - PA ENDORSEMENT 102 (Restrictions - Contemplated Construction -No Apparent Violation) (Rev'd04/01/07)

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