MI Commercial Restrictions Endorsement 1
ENDORSEMENT ATTACHED TO AND MADE A PART
OF THE POLICY OF TITLE INSURANCE
STEWART TITLE GUARANTY COMPANY
HEREIN CALLED THE COMPANY
The Company hereby insures the Insured against loss or damage (except that loss or damage caused by a delay in construction during the period of a temporary injunction) sustained by the Insured as a result of final judgment of a court of competent jurisdiction enforcing the restrictions described in ______________, denying the right to construct and
maintain ____________ on the land as being in violation of said restrictions. This coverage is conditioned upon completion of the construction by _____________________.
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 extend 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.
Signed under seal for the Company, but this endorsement is to be valid only when it bears an authorized countersignature.
No guidelines are available for this form at this time.