STG Recharacterization Endorsement 2

This form should not be used if a comparable ALTA version is available. If a comparable ALTA version is available, the most current version of the ALTA form available in each state should be used, unless approved by a Stewart underwriter.

RECHARACTERIZATION ENDORSEMENT

Attached To and Made a Part of
Policy No. __________
Issued By

STEWART TITLE GUARANTY COMPANY

 The Company insures the Insured against loss or damage sustained by the Insured by reason of a final non-appealable decree entered by a court of competent jurisdiction finding that the interest of the Insured in the land described in Schedule A is not that of the owner of ____________________________ (fee simple or other interest), but is instead, an equitable mortgage or lien, solely because of the following documents:

HERE DESCRIBE LEASE, DEED, AND OTHER RELEVANT DOCUMENTS

THIS ENDORSEMENT MAY NOT BE ISSUED WITHOUT APPROVAL FROM STEWART TITLE GUARANTY UNDERWRITING PERSONNEL

This endorsement is made a part of the policy and is subject to all of the terms and provisions thereof and of any prior endorsements thereto, except to the extent paragraph 3(a) of the Exclusions from Coverage is modified hereby. Except to the extent expressly stated, it neither modifies any of the terms and provisions of the policy and any prior endorsements, nor does it extend the effective date of the policy and any prior endorsements, nor does it increase the face amount thereof.

[Witness clause optional]