Page 181 - ALTA Endorsements Guide
P. 181
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
Party Walls
Exceptions
PTYX01 Party Wall Agreement
Terms and provisions of the party wall agreement between __________ and
__________ recorded ____________.
PTYX02 No Party Wall Agreement
Rights or interests of the adjoining owners in and relating to a party wall located
along or adjacent to the ____________ line of the Land.
Patents
Exceptions
PATX01 Specific Patent Exception
Reservations and exceptions in the patent by ____________ recorded
____________.
PATX02 General Patent Exception
Reservations contained in the patent from the United States of America or the
state.
PATX03 Mining Claims - Broad Exception
Unpatented mining claims; reservations or exceptions in patents, or any act
authorizing the issuance thereof; water rights, claims or title to water.
Pending Disbursement Clauses
Exceptions
PDCX01 Loan Policy No Downdate Required
Pending disbursement of the full proceeds of the loan secured by the Insured
Mortgage, this Policy insures only to the extent of the amount actually disbursed,
but increases as each disbursement is made in good faith and without Knowledge
of any defects, liens or encumbrances on the Title, up to the face amount of the
Policy. Nothing contained in this paragraph limits any exception or any printed
provision of this Policy.
PDCX02 Loan Policy Construction Downdate Required
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