CLTA Mechanic's Lien Coverage Endorsement (03-09-07) 101.13-06

 ENDORSEMENT

Attached to Policy No.

Issued by

STEWART TITLE GUARANTY COMPANY

The Company insures against loss or damage sustained by reason of any statutory lien for services, labor or materials attaching to Title arising out of the work of improvement referred to in the Notice of Completion recorded________________ as Instrument No.

Loss as to the matters insured against by this endorsement shall not include loss sustained or incurred by reason of the refusal of any person to purchase, lease or lend money on the Title.


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


The total liability of the Company under the policy and any endorsements therein shall not exceed, in the aggregate, the face amount of the policy and costs which the Company is obligated to pay under the Conditions, provided that liability under this endorsement is limited to the amount necessary to effect the release or discharge of any such statutory lien together with costs which the Company is obligated to pay under the Conditions, and provided further that the Company shall be under no obligation to effect the release or discharge of any such statutory lien prior to the entry of a final judgment of foreclosure of such lien.


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

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