OTIRO Endorsement No. 93 Shopping Center Endorsement

ENDORSEMENT

ATTACHED TO POLICY NO.

ISSUED BY

STEWART TITLE GUARANTY COMPANY

Date :
Premium :

The Company hereby insures the Insured against loss or damage which the Insured shall sustain by reason of the following:

1. the invalidity of any easements which are both (a) appurtenant to and run with the Land and (b) set forth in the Declaration of Covenants, Conditions and Restrictions and Grants of Easements, as amended, shown or referred to at No. [FILL IN] of Schedule B of the Policy (hereinafter called "the Declaration");

2. any defect in the execution of the Declaration but only insofar as such defect affects the encumbrance of the Declaration on the real property specified therein;

3. the appearance of record prior to the date hereof of any document amending, altering or terminating the Declaration, except as set forth on Schedule B of the Policy;

4. priority, at the date of the Policy, of any encumbrance over the Declaration, except as set forth in Schedule B of the Policy;

5. the interference with the rights of the Insured to use the insured premises and appurtenant easements by any third party beneficiary of the Declaration or by any party claiming by, through or under any holder of a leasehold interest in the real estate covered by the Declaration, except as to the rights of others to use the common areas described in the Declaration in common with the Insured and except as to any interference based upon provisions of or rights established by or recognized in the Declaration or any amendments to it and except as to any interference based upon rights arising after the date of the Policy.

Order Reference:

STEWART TITLE GUARANTY COMPANY

BY: _______________________________
Authorized Signer