WA000043 - Proposed Endorsement Filing

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Bulletin: WA000043

v 1

Date: July 28, 1999

To: All Washington State Offices and Agents

RE: Proposed Endorsement Filing

Dear Associates:

I propose to file the attached endorsement schedule and all endorsements included therein that have not been previously filed.

If you would like a deviation from the rates for your County, please call me or fax me and let me know.

THIS BULLETIN IS FURNISHED TO INFORM YOU OF CURRENT DEVELOPMENTS. AS A REMINDER, YOU ARE CHARGED WITH KNOWLEDGE OF THE CONTENT ON VIRTUAL UNDERWRITER AS IT EXISTS FROM TIME TO TIME AS IT APPLIES TO YOU, AS WELL AS ANY OTHER INSTRUCTIONS. OUR UNDERWRITING AGREEMENTS DO NOT AUTHORIZE OUR ISSUING AGENTS TO ENGAGE IN SETTLEMENTS OR CLOSINGS ON BEHALF OF STEWART TITLE GUARANTY COMPANY. THIS BULLETIN IS NOT INTENDED TO DIRECT YOUR ESCROW OR SETTLEMENT PRACTICES OR TO CHANGE PROVISIONS OF APPLICABLE UNDERWRITING AGREEMENTS. CONFIDENTIAL, PROPRIETARY, OR NONPUBLIC PERSONAL INFORMATION SHOULD NEVER BE SHARED OR DISSEMINATED EXCEPT AS ALLOWED BY LAW. IF APPLICABLE STATE LAW OR REGULATION IMPOSES ADDITIONAL REQUIREMENTS, YOU SHOULD CONTINUE TO COMPLY WITH THOSE REQUIREMENTS.

EXHIBIT

SECTION V

ENDORSEMENTS

Endorsement Charge

Form No	Covers	Attached to	(% of General Schedule Rate)
100	Violation of Restrictions	ECLP	No Charge Encroachments, etc.
100.12	Right of enforcement	ECLP	$10 per issue reduced to $5 Reverter Rights inper issue on tracts of 3 or CC&R more issued concurrently
100.13	Upkeep assessments	SCLP	Same as 100.12 above subordinate ECLP
100.17	Modification of All policies		Minimum: $50 restrictions Maximum: $20%
100.29	Damage by exercise of	SCOP, ECOP	Minimum: $50 rights under mineralSCLP0-30% depending on risk reservationsECLPNo charge
100.30	Mineral Rights, damage	SCLP	0-30%, depending on risk ECLP
101	Mechanic's lien priority	SCLP	10%
101.3	Mechanic's lien	ECLP, ECOP	10% No notice of completion
101.4	Mechanic's lien	SCOP	20%
101.6	Mechanic's lien not recorded	All policies	$10
102.4	Foundation-no-violations	ECLP	No charge
102.5	Encroachments by foundation	ECLP	Minimum: $25 - Maximum: 0-15%
102.7	Foundation - No violation	SCLP, ECLP	10%-Minimum $10.00 NOTE: On portion of loan No encroachments onto applicable to the land covered Easements or adjoining land described in policy
103.1	Damage from use or maintenance of easements	ECLP, SCLP	No charge (ECLP), 10% (SCLP)
103.3	Easements, removal of improvements	ECLP, SCLP	No charge (ECLP), 10% (SCLP)
103.4	Easements - ingress and egress	All policies	Minimum: $50 - Maximum: 20%
103.6	Specific easements - no encroachments	ECLP, SCLP	Minimum: $50 - Maximum: 20%
103.7	Land abuts on existing street	ECOP, SCOP	No charge (ECOP) 20% Minimum: $10 - Maximum: $100 (SCOP)
104	Assignment of beneficial interest	ECLP	No charge within 1 year; If over 1 year 20%
104.5	Validity and priority	SCLP, ECLP	$10.00 per issue. Must be issued concurrently with policy
104.7	Validity and priority	SCLP, ECLP	$10.00 per issue. Must be issued concurrently with policy
107.2	Increased liability	All policies	Insurance rate applicable for the increased liability assumed in excess of the amount shown of the existing policy
108	Additional advance	ECLP, SCLP	50%, minimum: $50 If original policy is ALTA - 15% of general schedule additional with minimum of $50. If original policy is Standard and endorsement is ALTA, additional charge of 30% of general schedule, Minimum: $200
110.1	Encumbrance deleted	SCOP, ECOP	20% based on amount of policy Maximum: $100 (SCOP, ECOP) 10% based on amount of policy Maximum: $100 (SCLP, ECLP)
110.5	Modification of Deed of Trust	ECLP	Minimum: $100 - Maximum: 30%
110.5A	Modification of Deed of Trust	ECLP	$35
110.6	Modification of Deed of Trust	ECLP	Minimum: $100 - Maximum: 20%
110.7	Enforcement of lien	All policies	No charge
111	Partial reconveyance	ECLP	10% based on balance of loan, Minimum: $75
111.2	Subordinatation agreement	SCLP, ECLP	10% if attached with issuance of the policy Maximum: $500 20% if attached after issuance of the policy Maximum: $500
111.5	Variable rate mortgage (State chartered lenders)	ECLP	No charge
111.6	Variable rate mortgage (Federal lenders)	ECLP	No charge
111.7	Variable rate mortgage	ECLP	No charge if policy issued for Negative Amortizationloan amount. May be attached to a policy in an amount not to exceed 125% of the loan amount. Additional liability will be computed at the applicable rate
111.8	Variable rate mortgage	SCLP, ECLP	No charge
111.9	FNMAValidity priority, Balloon Mortgage enforceability	ECLP	No charge
115	Condominium	All policies	No charge
115.1	Condominium	ECLP	No charge
116	Designation of Improvements (address)	ECLP	No charge
116.2	Modification of 116 to cover condominiums	ECLP	No charge
116.4	Contiguous parcels	SCOP, SCLP, ECOP, ECLP	20%; Maximum: $500 (SCOP), 10%; Maximum: $500 (SCLP), No charge if parcels fully searched and insured as a part of said policy, otherwise the charge will be 20% for an owner's policy and 10% for a lenders policy, maximum $500
122	Priority of advances intervening matters	ECLP, SCLP	$35
122.1	Priority of advances intervening matters	ECLP; SCLP	$35
123.1	Compliance with zoning (ALTA Form3 Vacant Land)	All Policies	Minimum: $50 Minimum: 25%
123.2	Compliance with zoning (ALTA Form 3.1Improved)	All Policies	Minimum: $50 Minimum: 25%
126.1	Homeowner's Protection (1-4 family residence only)	SCOP	No charge
126.2	Homeowner's protection (Condominium)	SCOP	No charge
HO-1	Owner's inflation	SCOP, ECOP	No charge
ALTA Form A	Construction loan	ECLP, SCLP	$50
ALTA Form C	Construction loan	ECLP, SCLP	$35
ALTA Form 1	Street Assessments	ECLP, SCLP	$10.00
ALTA Form 2	Truth in lending	ECLP, SCLP	No charge
ALTA Form 3	Zoning, vacant land		See 123.1 above
ALTA Form 3.1	Zoning, completed structure		See 123.2 above
ALTA Form 4	Violations relating to Condominium environmental matters	ECLP, SCLP	No charge
ALTA Form 4.1	Super Priority Condominium	ECLP, SCLP	No charge
ALTA Form 5	Violations relating to PUDEnvironmental matters	ECLP, SCLP	No charge
ALTA Form 5.1	Common ownership PUDAssessment liens	ECLP, SCLP	No charge
ALTA Form 6	Variable Rate Mortgage	ECLP	No charge
ALTA Form 6.1	Variable Rate Mortgage, Regulations	ECLP	No charge
ALTA Form 6.2	Variable Rate Mortgage, Negative Amortization	ECLP, SCLP	No charge
ALTA Form 7	Manufactured Housing Endorsement	SCLP, ECLP	No charge
ALTA Form 8	Environmental protection Lien	ECLP	No charge
ALTA Form 8.1	Environmental protection Lien	ECLP, SCLP	No charge
ALTA Form 9	Restrictions, Encroachments, Minerals	ECLP, SCLP	0-20% depending on risk
ALTA Form 10	Validity of assignment, No release of record	ECLP	$0 within 1 year of policy, 20% of basic loan rate minimum $75.00 thereafter
ALTA Form 10.1	Validity of assignment, no release of record,	ECLP	$0 within 1 year of basic loan rate minimum taxes not due, mtg. has$75.00 thereafter priority and no fed tx liens or bncry of record
STG-1	Line of Credit	ECLP, SCLP	No charge
STG-2	Date Down	ECLP, SCLP	Minimum: $50 - Maximum: $250
STG-3	Fairway	ECOP, SCOP	20%
STG-4	Non-Imputation with indemnity	All policies	Minimum: $250 - Maximum: 20%
STG-5	Subdivision map act	All policies	Minimum: $100 - Maximum: 10%
STG-6	Tax parcel	All policies	Maximum: $100
BFP	Bona-Fide PurchasersFor use with Endorsement1970 ALTA Owner's Policy		$100
SEATTLE	Intervening Lien	ECLP	0-20%, depending on risk
MULTIPURPOSE	Any and all matters	SCOP, ECOP	0-100$, depending on risk
BLANK	Any and all matters	SCOP; ECOP	0-100%, depending on risk

Charges for other endorsements, which may be issued form time-to-time, will be based upon the risk and/or work involved.

SCOPStandard Coverage Owner's Policy
ECOPExtended Coverage Owner's Policy

SCLPStandard Coverage Loan Policy
ECLPExtended Coverage Loan Policy

References

Bulletins Replaced:

None

Related Bulletins:

None

Underwriting Manual:

None

Exceptions Manual:

None

Forms:

None

Bulletin: WA000043

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