Page 266 - ALTA Endorsements Guide
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ALTA ENDORSEMENT RETURN TO TABLE OF CONTENTS
ALTA 42
Commercial Lender Group Endorsement
The ALTA 42 endorsement may be requested when there is a group of lenders who own portions
of the indebtedness. A Participant is an Insured under the policy to the extent of its ownership of
a portion of the Indebtedness, whether it acquires its portion of the Indebtedness on or after Date
of Policy. This endorsement indemnifies the Insured against loss or damage sustained because
of the invalidity unenforceability, or loss of priority of the lien of the Insured Mortgage caused
by transfers of any portion of the Indebtedness by the Participants after the Date of Policy. This
endorsement is available for loan policies only.
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