MI Foreclosure Guarantee and Commitment for Title Insurance

FORECLOSURE GUARANTEE AND COMMITMENT FOR TITLE INSURANCE

ISSUED BY:

STEWART TITLE GUARANTY COMPANY

GUARANTEE

GUARANTEE NO.

1. Stewart Title Guaranty Company, a Texas corporation, herein called the Company, subject to the Schedule of Exclusions From Coverage, the Schedule B-II Exceptions, the Limits of Liability and the Conditions and Stipulations, guarantees as of the Date of Guarantee and Commitment shown in Schedule A against loss not to exceed the Amount of Guarantee stated in Schedule A, sustained or incurred by the Proposed Insured by reason of:

A. Title to the estate or interest described in Schedule A being vested other than as stated herein;

B. Any defect in or lien or encumbrance on the title.

COMMITMENT FOR TITLE INSURANCE

2. Company agrees to issue an ALTA Owners Policy to the Proposed Insured according to the terms of this Guarantee and Commitment:

A. If the Requirements shown in Schedule B-I have not been met within Two Hundred and Seventy Five Days following the expiration of the period provided by law to redeem the land from the mortgage foreclosure sale of the mortgage shown in Schedule B-I as the mortgage to be foreclosed, our obligation to issue a policy shall terminate.

B. The Company shall have no obligation to issue the Policy pursuant to this Guarantee and Commitment unless the Proposed Insured has satisfied the Requirements stated in Schedule B-I and the Proposed Insured, its wholly owned affiliate company or any governmental agency or governmental instrumentality which is an insurer or guarantor under an insurance contract or guaranty insuring or guaranteeing the indebtedness secured by the mortgage to be foreclosed, or any part thereof is the grantee in the foreclosure deed.

3. The Company's obligation under this Guarantee and Commitment shall terminate when the Policy is issued and then the Company's obligation will be under the Policy and be solely to the Insured named therein.

4. This Guarantee and Commitment is not valid without Schedule A and Sections I and II of Schedule B.

STEWART TITLE GUARANTY COMPANY

Countersigned by:

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Authorized Countersignature

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Company Name

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City, State