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.
Attached to Policy No. __________
STEWART TITLE GUARANTY COMPANY
The Company acknowledges that the land described in Schedule A of this Policy is part of the security for an indebtedness in the amount not exceeding $(Amount of Note) to the Insured from mortgagor as recited in the lien of the insured mortgage which indebtedness is also secured by mortgages or deeds of trust which are insured concurrently by the following policies:
Policy Number County State Amount
THIS ENDORSEMENT MAY NOT BE ISSUED WITHOUT APPROVAL FROM STEWART TITLE GUARANTY UNDERWRITING PERSONNEL
Anything to the contrary notwithstanding in Paragraph 6(a)(ii) [if 1970 Policy] or Section 7(a)(i) [if 1992 Policy] of the Conditions and Stipulations of the Policy, or Section 8a(ii) and 8a(iii) of Conditions of the Policy [if 2006 Policy], the amount of insurance afforded in this Policy is aggregated with the amount of insurance in all of the other policies identified in this Endorsement so the effective amount of insurance is $ ______________ .
The total liability of the Company under this and all policies identified in this Endorsement shall not exceed such amount, but its liability in this Policy for the land described in Schedule A remains limited by the provisions of Paragraphs 6(a)(i) and 6(a)(iii) [if 1970 Policy] or Section 7, Section 7(a)(ii) and 7(a)(iii) [if 1992 Policy] of the Conditions and Stipulations of this Policy or Section 8a(ii) and 8a(iii) of Conditions of the Policy [if 2006 Policy]. Any payment by the Company on this or any of the Policies listed in this Endorsement shall reduce pro tanto the liability of the Company under all policies and the amount so paid shall be deemed a payment under all policies.
This Endorsement is made a part of the Policy and is subject to all the terms and provisions thereof and of any prior endorsement thereto. Except to the extent expressly stated, it neither modifies any of the terms and provisions of the Policy in any prior endorsement, nor does it extend the Effective Date of the Policy or any prior endorsement, 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.