STG Last Dollar Endorsement (with Tie-In Endorsement also issued) 4
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STG Last Dollar Endorsement (with Tie-In Endorsement also issued) 4
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.
(with Tie-in Endorsement also issued)
Attached to Policy No.___________
Issued by
STEWART TITLE GUARANTY COMPANY
| The liability of the Company under this Policy (in such amount as provided in the Tie-In Endorsement) will not be reduced under Section 9(b) (if 1992 Policy) or the second subparagraph of Paragraph 8(a) (if 1970 Policy) of the Conditions and Stipulations as the result of payments on the indebtedness secured by the insured mortgage, except to the extent such payments reduce the total indebtedness secured by the insured mortgage below the Amount of Insurance (provided in the Tie-In Endorsement). |
THIS ENDORSEMENT MAY NOT BE ISSUED WITHOUT APPROVAL FROM STEWART TITLE GUARANTY UNDERWRITING PERSONNEL
| 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. This Endorsement does not modify any other terms of the Policy concerning reduction of liability, whether in connection with partial releases or otherwise. |
[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.