OTIRO No. 57 Partial Release Endorsement (9-4-23)

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OTIRO No. 57 Partial Release Endorsement (9-4-23)

Form Document
11/17/2023
V 2

OTIRO 57 PARTIAL RELEASE ENDORSEMENT

ATTACHED TO POLICY NUMBER ______________

 

ISSUED BY

STEWART TITLE GUARANTY COMPANY

 

Order Number:

 

Date:

 

Premium:

 


The Company hereby insures against any loss of principal, interest or other sums secured by the Insured that it shall sustain by reason of:

Any impairment of the lien thereon on the remainder of the Land occasioned by the execution of a partial release dated ______________ and recorded ______________ in______________, Records of ______________ County.

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 thereof to pay.

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.

No guidelines are available for this form at this time.