IN Going Concern Endorsement (E-2655)

Special – Special Measure of Loss Endorsement

2006 ALTA Loan Policy

 

 

 

 

 

ENDORSEMENT

ATTACHED OF POLICY NUMBER _______________

ISSUED BY

STEWART TITLE GUARANTY COMPANY

HEREIN CALLED THE COMPANY

 

 

File No.:

 

 

The Company hereby agrees that, in the event the vestee of the Title described in paragraph 3 of Schedule A is dispossessed of all or part of the Land by reason of a final and unappealable court judgment or order by a court of competent jurisdiction with respect to any defect, lien, encumbrance, adverse claim, or other matter insured against by this policy, the Company will consider, in computing loss or damage compensable under this policy, the diminution in value of the Title, if any, caused by the dispossession, measured by the use or uses of the Land at the time of the loss.

 

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.

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