CLTA 101.13 (ARCHIVED) Mechanics' Liens, Notice of Completion (06-03-05)

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CLTA 101.13 (ARCHIVED) Mechanics' Liens, Notice of Completion (06-03-05)

Form Document
03/24/2022
V 6

ENDORSEMENT
Attached to Policy No. ___________
Issued by
STEWART TITLE GUARANTY COMPANY

The Company hereby insures the owner of the indebtedness secured by the mortgage referred to in paragraph _____ of Schedule ______ against loss which the insured shall sustain by reason of any statutory lien for labor or materials attaching to the estate or interest referred to in Schedule A arising out of the work of improvement referred to in the notice of completion recorded ______________ as Instrument No. ____

Loss as to the matters insured against by this endorsement shall not include loss sustained or incurred by reason of the refusal of any person to purchase, lease or lend money on the estate or interest referred to in Schedule A in the land covered by this policy.

The total liability of the Company under the policy and any endorsements therein shall not exceed, in the aggregate, the face amount of the policy and costs which the Company is obligated under the Conditions and Stipulations thereof to pay, provided that liability under this endorsement is limited to the amount necessary to effect the release or discharge of any such statutory lien together with costs which the Company is obligated under the Conditions and Stipulations of the policy to pay, and provided further that the Company shall be under no obligation to effect the release or discharge of any such statutory lien prior to the entry of a final judgment of foreclosure of such lien.

STEWART TITLE GUARANTY COMPANY

By:

Dated:

For issuing guidelines on this form, see Guidelines.