STG Modification Endorsement 1

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STG Modification Endorsement 1

Form Document
06/10/2008
V 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.


MODIFICATION ENDORSEMENT

Attached To and Made a Part of
Policy No. __________
Issued By

STEWART TITLE GUARANTY COMPANY

ENDORSEMENT NUMBER: _____
Premium: $ _______________________
G.F.No: __________________________

   Attached to and made a part of __________________ Title Insurance Company Loan Policy No. __________ this _____ day of ____________ , 20 _____ .

 

   As to the above numbered loan policy, the Company will not claim that policy coverage has terminated or that policy coverage has been reduced, solely by reason of the execution of: __________________________________________________________________

 

    _____________________________________________________________ (Modification Agreement) dated the _____ day of ____________ , 20 _____ , filed for record on the _____ day of ___________ , 20 _____ at __________ in the office of the County Clerk of __________________ County, __________________ , under clerk's file number ________________ and/or recorded in Volume/Book __________ , Page ______ of the _________________ Records of said County.

 

   This endorsement, notwithstanding anything in the above described instrument to the contrary, does not change the original effective date of the loan policy or the face amount of insurance stated on Schedule "A" thereof, nor does it alter or increase the coverage of the policy.

 

   This endorsement shall not be construed to include within its scope any modification agreement, reinstatement agreement or other instrument not specifically set forth above and described herein by volume/page or clerk's file number.

 

   The Company shall have no liability by reason of: (i) the invalidity of the Modification Agreement or any part thereof, or (ii) the failure to record any renewal and or extension agreement.


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]


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.

Copyright 1970-2022 Stewart Title Guaranty Company. All rights reserved. The use of this form (or any derivative thereof) is restricted to Stewart Title Guaranty Company, it’s issuing agents, and affiliates in good standing as of the date of use. All other uses are prohibited.

For issuing guidelines on this form, see Guidelines.