TIRBOP - PA ENDORSEMENT 103 RESTRICTIONS - CONTEMPLATED CONSTRUCTION - APPARENT VIOLATION
ATTACHED TO POLICY NUMBER ______________________
ISSUED BY
STEWART TITLE GUARANTY COMPANY
File No.: ______________________ | Charge: ______________________ |
The Company insures that the covenants, conditions and restrictions affecting Title to the Land contained in [ ] are unaccompanied by a right of reverter and have not been violated to the date hereof and that the presently contemplated construction on the Land pursuant to and in strict accordance with [
]
will not violate said covenants, conditions and restrictions except: [ (state nature of violation)
As used in this endorsement, the words "covenants, conditions and restrictions" shall not be deemed to refer to or include any terms, covenants, conditions or limitations contained in an instrument creating a lease.
As used in this endorsement, the words "covenants, conditions and restrictions" shall not be deemed to refer to or include any covenants, conditions or restrictions relating to environmental protection.
The Company insures against loss occasioned by the enforcement or attempted enforcement of said covenants, conditions and restrictions by litigation which results in preventing the presently contemplated construction or requiring the removal of the whole or any portion of the improvements on the Land or proposed to be constructed as defined above and/or collect money damages in lieu thereof.
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