CLTA 120.2 Subordination of Prior Mortgage to Lease (06-03-05)
This form applies to:
- Nevada
Forms by State
Organization Forms
International
CLTA 120.2 Subordination of Prior Mortgage to Lease (06-03-05)
ENDORSEMENT
Attached to Policy No. ___________
Issued by
STEWART TITLE GUARANTY COMPANY
The Company hereby insures the insured against loss or damage which the insured shall sustain by reason of the failure of the lien or charge of the mortgage referred to in paragraph ____________ of Schedule B to have been subordinated, according to the public records, to the lease referred to in Schedule A by an instrument dated ______________ , and recorded ___________ in book _____________ , page __________ , Official Records of County.
This endorsement does not insure against loss or damage sustained by reason of the failure of the subordination agreement to be executed by the owner of the indebtedness secured by such mortgage, except to the extent that such ownership has been perfected in the public records at the date hereof.
STEWART TITLE GUARANTY COMPANY
By:
Dated:
For issuing guidelines on this form, see Guidelines.