PA Mandatory Advance Endorsement 1000



SERIAL NUMBER ____________



Herein Called The Company

The said Policy is hereby amended in the following manner:

The Company hereby assures the insured that, notwithstanding any terms or provisions in this policy to the contrary:

Advances made subsequent to the date of policy pursuant to the terms of the note and loan agreement, which are secured by the insured mortgage, (hereinafter collectively referred to as "Loan Documents") and which are made while the insured is without actual knowledge of a default under the Loan Documents by said vestee, shall be included within the coverage of this policy not to exceed the face amount of said policy, provided that said vestee is the owner of the estate or interest covered by said policy at the date of any such advances are made and subject to the limitations hereinafter set forth.

The Company further assures the insured that such subsequent advances shall have the same priority over liens, encumbrances and other matters disclosed by the public records, as do advances secured by the insured mortgage as of date of policy, except for the following matters, if any, disclosed by the public records subsequent to policy date:

(a) Federal tax liens if the advances are made more than 45 days after the filing of such a lien in the appropriate office.

(b) Liens, encumbrances or other matters, the existence of which are actually known to the insured prior to date of such advances, unless the insured was under a contractually binding obligation to make the advances under the Loan Documents.

(c) Bankruptcies affecting the estate of the vestee prior to date of such advances.

The total liability of the Company under said policy and any endorsement thereon 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 made a part of said policy and is subject to the schedules, conditions and stipulations therein, except as modified by the provisions hereof.

Nothing herein contained shall be construed as extending or changing the effective date of said policy, unless otherwise expressly stated.

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_____.

No guidelines are available for this form at this time.