Page 311 - ALTA Endorsements Guide
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ADDENDUM RETURN TO TABLE OF CONTENTS
Loan Policy of Title insurance
[2021 v. 01.00 (07-01-2021)]
SCHEDULE B
SAMPLE
Policy Number:
EXCEPTIONS FROM COVERAGE
Some historical land records contain Discriminatory Covenants that are illegal and unenforceable by law. This policy treats any Discriminatory
Covenant in a document referenced in Schedule B as if each Discriminatory Covenant is redacted, repudiated, removed, and not republished or
recirculated. Only the remaining provisions of the document are excepted from coverage.
[This policy does not insure against loss or damage and the Company will not pay costs, attorneys’ fees, or expenses resulting from the terms and conditions of
any lease or easement identified in Schedule A, and the following matters:
(Insert Schedule B exceptions here)]
[This policy does not insure against loss or damage and the Company will not pay costs, attorneys’ fees, or expenses resulting from the terms and conditions of
any lease or easement identified in Schedule A, and the following matters:
PART I
(Insert Schedule B exceptions here)
PART II
Covered Risk 10 insures against loss or damage sustained by the Insured by reason of the lack of priority of the lien of the Insured Mortgage over the matters listed
in Part II, subject to the terms and conditions of any subordination provision in a matter listed in Part II:]
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