OTIRO Endorsement No. 79.2 Revolving Type Loan Credit Line Increase





Date :
Premium :

The Company assures [FILL IN] that by an agreement executed by [FILL IN] dated [FILL IN], recorded [FILL IN], the Mortgage referred to in Schedule A or the obligation secured thereby has been modified to provide for, without limitation, a $[FILL IN] increase in the amount of the Indebtedness secured by such Mortgage, resulting in a total amount of Indebtedness of $[FILL IN], and that said Mortgage is prior to any liens or encumbrances affecting said estate or interest, other than those shown in Schedule B as prior to said Mortgage, except:


The Company hereby insures said assured against loss which said assured shall sustain in the event that the assurance herein shall prove to be incorrect.

The Company further assures the Insured that on and after the date of this endorsement, references to the Mortgage insured by this policy in endorsements providing future insurance coverages attached to said policy shall be deemed to refer to the Mortgage as modified by said agreement.

The total liability of the company under said policy and any endorsements therein shall not exceed in the aggregate, the face amount of said policy, plus the amount of the above increase of the Indebtedness secured by such Mortgage, and costs which the Company is obligated under the conditions and stipulations 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.

Order Reference:


BY: _______________________________
Authorized Signer

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