CLTA Mortgage Priority, Subordination (06-03-05) 111.2

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 which the insured shall sustain by reason of any impairment of the lien of the insured mortgage on the estate or interest described in Schedule A, occasioned by the execution of a Subordination Agreement dated and recorded as Instrument No. except to the extent that said Subordination Agreement (phrase as appropriate, e.g. "subordinates the interest of the insured to an easement interest in a party wall as provided for and defined in said Subordination Agreement.")


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