FL Construction Loan Update Endorsement 1

ENDORSEMENT ATTACHED TO AND MADE

A PART OF POLICY OF TITLE INSURANCE

SERIAL NUMBER

ISSUED BY

STEWART TITLE GUARANTY COMPANY

HEREIN CALLED THE COMPANY

1. The liability of the Company is increased by $_______________________ to include disbursements made pursuant to requisition(s) ______________________ for a cumulative total to date of $__________________________.

2. The company insures there have been no instruments filed among the Public Records of _____________________ County, affecting title to the lands described in Schedule A from _________________ through _________________ other than the following:

The Company insures each of the foregoing is subordinate to the lien of the mortgage insured except:

This endorsement is made a part of the policy and is subject to all the terms and provisions thereof and of any prior endorsements thereto. 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.

Signed under seal for the Company, but this Endorsement is to be valid only when it bears an authorized countersignature.