MI Foundation Endorsement 1

ENDORSEMENT ATTACHED TO AND MADE A PART

OF THE POLICY OF TITLE INSURANCE

SERIAL NUMBER___________

ISSUED BY

STEWART TITLE GUARANTY COMPANY

HEREIN CALLED THE COMPANY

File Number: _____________________

The Company hereby insures the Insured against loss or damage sustained by reason of:

  1. The failure of the foundation of the structure under construction on the land to be within the boundary lines of the land
    of the date hereof;

  2. The location of the foundation as of the date hereof, being in violation of the covenants, conditions or restrictions referred to in Schedule B as of the date hereof;

  3. The foundation encroaching as of the date hereof, onto any of the easements referred to in Schedule B.

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 and any prior endorsements, 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.

Countersigned

_______________________________
Authorized Countersignature

 

No guidelines are available for this form at this time.