OTIRO Endorsement No. 64 Foundation Endorsement

ENDORSEMENT

ATTACHED TO POLICY NO.

ISSUED BY

STEWART TITLE GUARANTY COMPANY
 

Date :
Premium :

The Company assures the owner of the Indebtedness secured by the Mortgage referred to in paragraph [4] of Schedule A that, as to the [following described portion of the] Land described in Schedule A:

[Insert description, if applicable]

(1) The foundations of the structure under construction on said Land at this date are within the boundary lines of said Land;

(2) The location of said foundations at this date does not violate the covenants, conditions or restrictions referred to in Schedule B; and

(3) The said foundations at this date do not encroach onto any easements referred to in Schedule B.

The Company hereby insures said Assured against loss which said Assured shall sustain in the event that the assurance herein shall prove to be incorrect.

The total liability of the Company under said policy and any endorsements therein shall not exceed, in the aggregate, the face amount of said policy and costs which the Company is obligated under the conditions and stipulations thereof to pay.

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.

Order Reference:

STEWART TITLE GUARANTY COMPANY 

BY:_________________________________
Authorized Signer

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