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ALTA                           Table of Contents                 Quick Reference Index

                      ENDORSEMENT                    1      2       3         1      2       3      4       5      6


                                                                         Construction Loan – Insured’s Direct Payment
                                                                                             ALTA 32.2 Endorsement


        This endorsement is issued as part of the policy.  Except as it expressly states, it does not (i) modify any of the terms and
        provisions of the policy, (ii) modify any prior endorsements, (iii) extend the Date of Policy, or (iv) increase the Amount of
        Insurance.  To the extent a provision of the policy or a previous endorsement is inconsistent with an express provision of
        this endorsement, this endorsement controls.  Otherwise, this endorsement is subject to all of the terms and provisions of
        the policy and of any prior endorsements.



































































        Authorized Signatory





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