PA 103 Restrictions - Contemplated Construction - Apparent Violation 4-1-17

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.

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.

No guidelines are available for this form at this time.