NM Form 26 Partial Coverage Endorsement
Partial Coverage Endorsement
Attached to Policy No. __________
STEWART TITLE GUARANTY COMPANY
Even though the mortgage herein insured is for a greater amount, this policy having been issued for the value of the land and improvements rather than the amount of the mortgage as the Insured has advised the Company there is other collateral securing the loan, liability hereunder is limited to $ _______________ .
This endorsement is made a part of the policy or commitment and is subject to all the terms and provisions thereof and of any prior endorsements thereto. Except to the extent expressly stated, it neither modifies any of the terms and provisions of the policy or commitment and prior endorsements, if any, nor does it extend the effective date of the policy or commitment and prior endorsements or increase the face amount thereof.
This endorsement when countersigned below by an authorized countersignature is made a part of said policy and is subject to the Schedules, Conditions and Stipulations therein except as modified by the provisions hereof.
For issuing guidelines on this form, see Guidelines