MI Allocation Among Parcels 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 provisions of paragraph 8 of the Conditions and Stipulations of the Policy are hereby deleted and replaced with the following:

If the land described in Schedule A consists of two or more parcels which are not used as a single site, and a loss is established affecting one or more of the parcels but not all, the loss shall be computed and settled on the basis of the insurance on the parcel or parcels, exclusive of any improvements made subsequent to Date of Policy as follows:

Parcel _____: the Amount of Insurance is $ __________

Parcel _____: the Amount of Insurance is $ __________

Parcel _____: the Amount of Insurance is $ __________

Parcel _____: the Amount of Insurance is $ __________

 

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 extend 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.

Signed under seal for the Company, but this endorsement is to be valid only when it bears an authorized countersignature.


Countersigned:


_____________________________________
Authorized Countersignature

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