NM Form 91 Contract Purchaser Conversion Endorsement

Contract Purchaser Conversion Endorsement

Attached to Policy No. _________________

Issued by

STEWART TITLE GUARANTY COMPANY

Attached to and made a part of NM 1 Owner’s Policy No. _________________ (“Policy”):

1. Schedule A of the Policy is hereby amended as follows:

            A.        Date of Policy: ____________________

            B.        Amount of Insurance: $______________

            C.        The estate or interest in the land which is covered by this Policy is Fee Simple and title to said estate or interest is vested in the Insured.

2.  Schedule B of the Policy is hereby amended by adding or deleting the following additional special exceptions as follows:

            A.        [Add or delete exceptions here, or if none, add the word “NONE”]

            B.        …..

3.  The Policy as modified by this Conversion Endorsement consists of the NM form 1 Owner’s Policy jacket including the Covered Risks, Exclusions from Coverage and Conditions, this Owner’s Contract Purchaser’s Conversion Endorsement, Schedules A and B of the Policy as modified by this Conversion Endorsement, and the following Endorsement(s):  [List additional owner’s endorsements here, or if none, add the word “NONE”].

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.

Date of Endorsement: ____________________

[Witness clause optional]

STEWART TITLE GUARANTY COMPANY


By: __________________
Authorized Signatory

For issuing guidelines on this form, see Guidelines