ENDORSEMENT ATTACHED TO AND MADE A PART
OF POLICY OF TITLE INSURANCE
SERIAL NUMBER __________
STEWART TITLE GUARANTY COMPANY
HEREIN CALLED THE COMPANY
The Company hereby insures the Insured against loss or damage which the Insured shall sustain by reason of:
any final judgment of a court of competent jurisdiction that either the lien of the insured mortgage has been terminated or the title of the Insured who has acquired all or any part of the estate or interest in the land described in Schedule A by foreclosure, trustee's sale, which discharges the lien of the insured mortgage, has been defeated by a valid exercise of the right of rescission conferred by the Federal Truth-in-Lending Act, hereinafter referred to, and that such right or rights of rescission existed because neither the credit transaction evidenced by the insured mortgage nor the right of rescission thereof was exempted or excepted by the provisions of Section 226.3 or 226.9 (g) of Regulation 2 (12 CFR 226), and amendments thereto, issued by the Board of Governors of the Federal Reserve System pursuant to Title l. (Truth-in-Lending Act) and Title V. (General Provisions ) of the Consumer Credit Protection Act (Public Law 90-321; 82 Stat. 146 et seq.)
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.
Signed under seal for the Company, but this endorsement is to be valid only when it bears an authorized countersignature.
For issuing guidelines on this form, see Guidelines.