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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