NM Form 60.1 Aggregation Endorsement (ALTA 12.1, Rev. 2006)

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NM Form 60.1 Aggregation Endorsement (ALTA 12.1, Rev. 2006)

Form Document
10/07/2014
V 1

Aggregation Endorsement

Attached to Policy Nos. Listed Below

Issued by

STEWART TITLE GUARANTY COMPANY

 

 

The following (“Policies”) are issued in conjunction with one another:
 

POLICY NUMBER:                        COUNTY:                      STATE:                         AMOUNT:

_________________                  ________                      ______                          _________

_________________                  ________                      ______                          _________

_________________                  ________                      ______                          _________

_________________                  ________                      ______                          _________

 

Notwithstanding the provisions of Section 8(a)(i) of the Conditions of these policies, at no time shall the Amount of insurance under the policies identified above exceed in the aggregate $_______________.

At no time shall the Amount of Insurance under this policy when aggregated with the other policies above exceed, in the states set forth below, the amounts shown as follows:

________:         $

________:         $

________:         $

________:         $

________:         $

Subject to the provisions of Section 10(a) of the Conditions of the policies, all payments made by the Company under any of the policies identified above, except the payments made for costs, attorneys’ fees, and expenses, shall reduce the aggregate Amount of Insurance by the amount of the payment.

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.

[Witness clause optional]

STEWART TITLE GUARANTY COMPANY

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