Page 180 - ALTA Endorsements Guide
P. 180

A L T A                   E N D O R S E M E N T

                1-06  to  9.6.1-06  9.7-06  to  17.1-06  17.2-06  to  28.3-06  29-06  to  36.6-06  36.7-06  to  46-06

                                     According to the Public Records, the beneficial interest, under the mortgage
                                     recorded ______,  was collaterally assigned to _________, by assignment
                                     recorded ______.


                         MTGX14      Additional Advance

                                     A  document  disclosing  an  additional  advance  in  the  amount  of  $________
                                     recorded __________ pursuant to that mortgage recorded _____________.


                         MTGX15      Revival of Mortgage

                                     The mortgage, recorded ________, that was eliminated by the foreclosure of a
                                     senior encumbrance, may be revived if the Title is reacquired by the mortgagor or
                                     related entity.


                         MTGX16      Right of Redemption

                                     Rights of redemption  of any  owner, lienholder,  or  other party  in interest for
                                     _________ days from the foreclosure sale of the  Land, dated _________  and
                                     recorded _________.


                         MTGX17      U.S.A. Right of Redemption
                                     The rights, if any, of the United States to redeem the Land within 120 days of the
                                     _______ sale held on _______.


               Native Americans

                       Exceptions
                         NAAX01      Non-Intercourse Act

                                     Any right or claim, whether or not of record, including but not limited to any right of
                                     possession or claim for damages relating to the Land, that  has been or may be
                                     asserted, by or on behalf of any Indian or Indian tribe arising out of any treaty or
                                     other transfer of land based on the Indian Non-Intercourse Act of 1790, or any
                                     similar state or federal law.


               Options
                       Exceptions

                         OPTX01      Option

                                     An option  agreement dated ________, executed  by  _____, as optionor and
                                     _______,  as optionee,  as disclosed by  document recorded ________.   The
                                     Company makes no representation as to the present ownership of this interest.


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