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Endorsement 11
Mortgage Modification
[2021 v. 01.00 (07-01-2021)]

ALTA 11 MORTGAGE MODIFICATION ENDORSEMENT
This endorsement is issued as part of
Policy Number __________
issued by
OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY

1. The Company insures against loss or damage sustained by the Insured by reason of:
a. The invalidity or unenforceability of the lien of the Insured Mortgage upon the Title at the Date of Endorsement as a result of the agreement dated
______________________________, recorded ___________________ (“Modification”); and
b. The lack of priority of the lien of the Insured Mortgage, at the Date of Endorsement, over defects in or liens or encumbrances on the Title, except
for those shown in the policy or any prior endorsement and except: [Drafting Instruction: Specify exceptions, if any]

2. This endorsement does not insure against loss or damage, and the Company will not pay costs, attorneys’ fees, or expenses, by reason of any claim
that arises out of the transaction creating the Modification by reason of the operation of federal bankruptcy, state insolvency, or similar creditors’
rights law that is based on the Modification being a:
a. fraudulent conveyance or fraudulent transfer;
voidable transfer under the Uniform Voidable Transactions Act; or
b. SAMPLE
c. preferential transfer to the extent the Modification is not a transfer made as a contemporaneous exchange for new value or for any other reason
unless the preferential transfer results solely from the failure:
i. to timely record the Modification in the Public Records after execution and delivery of the Modification to the Insured; or
ii. of the recording of the Modification in the Public Records to impart notice of its existence to a purchaser for value or to a judgment or lien creditor.

This endorsement is issued as part of the policy. Except as it expressly states, it does not (i) modify any of the terms and provisions of the policy, (ii) modify any
prior endorsements, (iii) extend the Date of Policy, or (iv) increase the Amount of Insurance. To the extent a provision of the policy or a previous endorsement is
inconsistent with an express provision of this endorsement, this endorsement controls. Otherwise, this endorsement is subject to all of the terms and provisions of
the policy and of any prior endorsements.

Date of Endorsement:

[Witness clause]

OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY

By: ______________________________
[Authorized Signatory]

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