FL Change of Partners, Members or Shareholders (Fairway) Endorsement 2

 ATTACHED TO AND FORMING

A PART OF POLICY NO.

ISSUED BY:

STEWART TITLE GUARANTY COMPANY

 

The Company agrees that in the event of an occurrence of loss insured against by this policy, the Company will not deny liability hereunder on the ground that a dissolution or termination of the insured, whether it is a corporation, partnership, limited partnership, limited liability company or business trust, has occurred or a new entity has been formed by reason of one or more of its partners, members, shareholders, beneficiaries, or certificate holders having transferred their interest to another person or entity; by reason of withdrawal of one or more of the partners, members, shareholders or certificate holders from the Insured; or by reason of the addition of one or more person or entities as a partner, member shareholder or certificate holder.

Nothing contained herein shall be construed as extending the insurance hereunder as to matters attaching or created subsequent to the date hereof; or insuring the status of the Insured after the transfer of the interest of a partner, member, shareholder or certificate holder or after the withdrawal or addition of new partners, members, shareholders or certificate holders.

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, 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.

 

STEWART TITLE GUARANTY COMPANY

 

BY: _____________________________

 

Countersigned:

Authorized Countersignature

Company

City, State

For issuing guidelines on this form, see Guidelines