PR STG Usury Endorsement 1

This form applies to:
  • Puerto Rico
Forms by State
Organization Forms
International

PR STG Usury Endorsement 1

Form Document
04/12/2008
V 2

USURY ENDORSEMENT

Attached to Policy No. __________
Issued by

STEWART TITLE GUARANTY COMPANY

The Company hereby insures against loss or damage by reason of a final judgment determining the invalidity or unenforceability of the lien of the insured mortgage resulting from violation of the usury laws of the Commonwealth of Puerto Rico in effect at Date of Policy.

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 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.

IN WITNESS WHEREOF, the Company has caused its corporate name and seal to be hereunto affixed by its duly authorized officers.

[Witness clause optional]

For issuing guidelines on this form, see Guidelines.