CLTA 114.2 (ARCHIVED) Co-Insurance, Joint and Several Liability (06-03-05)

ENDORSEMENT
Attached to Policy No. ___________
Issued by
STEWART TITLE GUARANTY COMPANY

First Blank Title Insurance Company, a ___________ corporation, Second Blank Title Insurance Company, a __________ corporation, and Third Blank Title Insurance Company, a __________corporation, (herein referred to individually as the “Insurer” or jointly as the “Insurers”) join as Insurers under that certain policy of title insurance issued by First Blank Title Insurance Company under its No. _____, to which this endorsement is attached.

Each of the Insurers respectively shall be liable for loss for which the Insurers may become liable under the policy and costs which the Insurers are obligated to pay under the Conditions and Stipulations of the policy, in the proportion of the amount set forth for each Insurer below to the face amount of the policy.

Notwithstanding the foregoing, each Insurer shall be jointly and severally liable with the other Insurers for the first $ of loss or damage compensable under the policy, including costs, attorneys fees, and expenses which the Insurers are obligated to pay under the policy.

In no event shall the liability of any Insurer exceed (i) the amount allocated to it herein, or (ii) such amount of loss for which the Insurers may become liable under the policy and costs which the Insurers are obligated to pay under the Conditions and Stipulations of the policy, in the proportion of the amount set forth for each Insurer below to the face amount of the policy.

Total liability is allocated among the Insurers as follows:

First Blank Title Insurance Company.......$

Second Blank Title Insurance Company......$

Third Blank Title Insurance Company.......$

Wherever, in the policy, the term "the Company" is used, such term shall be interpreted to mean the Insurers; where proper, the singular number shall be deemed to include the plural.

Paragraph number of the Conditions and Stipulations of said policy is hereby amended to read as follows:

All notices required to be given the Insurers and any statement in writing required to be furnished the Insurers shall be addressed to each of the Insurers at its Home Office, as follows:

First Blank Title Insurance Company

(street address)

(city, state, zip code)

Second Blank Title Insurance Company

(street address)

(city, state, zip code)

Third Blank Title Insurance Company

(street address)

(city, state, zip code)

STEWART TITLE GUARANTY COMPANY

By:

Dated: