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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