PA Endorsement 300 (Mortgage Survey Exception) 10/1/2008
Stewart Title Guaranty Company
Attached to and made a part of Policy Number ___-________-______________
The Company eliminates from its loan policy the exception reading as follows:
Discrepancies or conflicts in boundary lines, easements, encroachments, or area content which a satisfactory survey would disclose.
and further insures, other than by party walls, or unless expressly set forth in Schedule B, against loss by reason of any encroachment, violation, variation, or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the Land. The term “encroachment” includes encroachments of existing improvements located on the Land onto adjoining land, and encroachments onto the Land of existing improvements located on adjoining land.
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.
IN WITNESS WHEREOF, the Company has caused this endorsement to be issued and become valid when signed by an authorized officer or licensed agent of the Company.
No guidelines are available for this form at this time.