PA Inter Vivos Trust Endorsement 1090
STEWART TITLE GUARANTY COMPANY
Attached to and made a part of Policy NumberFile Number
The provisions of the Conditions and Stipulations of the Policy are amended as follows:
1.DEFINITION OF TERMS
The following terms when used in this Policy mean:
(a) "Insured": the insured names in Schedule A, and, subject to any rights or defenses the Company would have had against the named insured, those who succeed to the interest of the named insured by operation of law as distinguished from purchase including, but not limited to, heirs, distributees, devisees, survivors, personal representatives, next of kin, or corporate or fiduciary successors, and trustees under inter vivos trusts provided that (1) the insured was (i) the settlor and (ii) a beneficiary of the trust for a term or for life, and (2) at the end of the term the assets of the trust are distributable either to the estate of the settlor or to the beneficiaries of the trust, provided that they are related to the settlor.
This endorsement is made a part of the Policy and is subject to all the terms and provisions thereof and any prior endorsements thereto. Except to the extent expressly stated, it neither modifies any of the terms and provisions of the Policy and any prior endorsements, nor does it extend the effective date of the Policy and any prior endorsements, nor does it increase the face amount thereof.
IN WITNESS WHEREOF STEWART TITLE GUARANTY COMPANY has caused its corporate name and seal to be hereunto affixed by its authorized officers on the ______ day of _____________, 20_____.
Stewart Title Guaranty Company
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