PA 1560 ALTA 37-06 Assignment of Rents or Leases 10-1-17
TIRBOP - PA ENDORSEMENT 1560 (ALTA 37-06 ASSIGMENT OF RENTS OR LEASES)
ATTACHED TO AND MADE A PART OF POLICY NUMBER ______________________
STEWART TITLE GUARANTY COMPANY
1. The insurance provided by this endorsement is subject to the Exclusions from Coverage, the Exceptions from Coverage contained in Schedule B, and the Conditions in the policy.
2. The Company insures against loss or damage sustained by the Insured by reason of:
a. any defect in the execution of the ______________ referred to in paragraph ______________ of Part II Schedule B; or
b. any assignment of the lessor’s interest in any lease or leases or any assignment of rents, affecting the Title and recorded in the Public Records at Date of Policy other than as set forth in any instrument referred to in Schedule B.
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.
IN WITNESS WHEREOF, the Company has caused this endorsement to be issued and become valid when signed by an authorized officer or licensed agent of the Company.
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