STG Public Sale Endorsement 1
This form should not be used if a comparable ALTA version is available. If a comparable ALTA version is available, the most current version of the ALTA form available in each state should be used, unless approved by a Stewart underwriter.
PUBLIC SALE ENDORSEMENT
Attached To and Made a Part of
Policy No. __________
STEWART TITLE GUARANTY COMPANY
The Company hereby insures the insured against loss or damage sustained by the insured, including, costs, attorneys’ fees and expenses which the Company may become obligated to pay hereunder by reason of a final and unappealable court order or judgment which holds that the leasehold estate or interest in the land hereby insured is void or subject to forfeiture or reversion of title on account of the failure on the part of the insured, the City of __________________________ , or any other person or judicial entity to comply with City or State requirements for public notice, advertisement, auction or bidding, or similar requirements, as provided in ________________________________________________
_______________________________________________________________ , or any similar provisions of law.
This endorsement is made a part of the policy and is subject to all of the terms and provisions thereof and of 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.
[Witness clause optional]
For issuing guidelines on this form, see Guidelines