CLTA Mechanic's Lien Coverage Endorsement (06-03-05) 101.5

ENDORSEMENT

Attached to Policy No.

Issued by

STEWART TITLE GUARANTY COMPANY


The Company hereby insures the owner of the indebtedness secured by the insured mortgage against loss or damage which the insured shall sustain by reason of any statutory lien for labor or materials recorded in the public records, which affects the estate or interest referred to in Schedule A in the land described in the notice of completion, regular in form, recorded

in the office of the county recorder of the county in which the land is situated, reciting that a certain work of improvement on the land described in the notice was completed on ________________ except:


(list recorded mechanics' liens; otherwise insert "None")


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

The liability of the Company under this endorsement shall not exceed the sum of $________________; and the total liability of the Company under the policy and any endorsements thereto shall not exceed, in the aggregate, the face amount of the policy and costs which the Company is obligated to pay under the Conditions and Stipulations.


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.


STEWART TITLE GUARANTY COMPANY

For issuing guidelines on this form, see Guidelines