PA 100 Covenants Conditions and Restrictions 10-1-19


ATTACHED TO POLICY NUMBER ______________________



File No.: ______________________

Charge: ______________________


1.     The insurance provided by this endorsement is subject to the exclusions in Section 4 of this endorsement; and the Exclusions from Coverage, the Exceptions from Coverage contained in Schedule B, and the Conditions in the Policy.

2.     For the purposes of this endorsement only, a “Covenant” means a covenant, condition or restriction contained in a document or instrument set forth in Schedule B of the Policy.

3.     The Company insures against loss or damage sustained by the Insured by reason of: 

a.     A violation at Date of Policy of any enforceable Covenant affecting the Title to the Land; or

b.     A future violation of any enforceable Covenant affecting the Title to the Land causing a forfeiture or reversion of Title.

4.   This endorsement does not insure against loss or damage (and the Company will not pay costs, attorneys’ fees, or expenses) resulting from:

a.     any Covenant contained in an instrument creating a lease;

b.     any Covenant relating to obligations of any type to perform maintenance, repair, or remediation on the Land; or

c.   any Covenant relating to environmental protection of any kind or nature, including hazardous or toxic matters, conditions, or substances.

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.

No guidelines are available for this form at this time.