Page 10 - CTT Summary of CA Endorsements

CLTA'FORM 108.8-M ProvidesinsuredALTA"revolving"or"lineofcredit" lenderwithcoverageagainstlossconcerningvesting oftitle,subsistenceandpriorityofinsuredmortgage lien insofar as same secures an increase in the re-
volvingcreditlimit,andincreasespolicyliabilityby the amount of the increase.
CLTAFORM 108.9
Provides the Department of Veterans Affairs of the stateofCaliforniawithcoverageagainstlossconcern- ingvestingof,anddefectsin orliensorencumbrances on,title totheestateorinterestcovered,withrespect to an advance made under its purchase agreement with a veteran.
CLTA FORM 108.10
Provides insured line of credit lender with coverage againstdefinedlossconnectedwith(1)vestingoftitle and (2) continued priority of the insured mortgage insofar asthat mortgage securesanincreasedline of credit. Thisendorsementalsoincreasestheexisting lender'spolicyliabilitybytheamountoftheincreased creditlimit.
CLTAFORM 109
Provides insured CLTA owner or lender with assur- ance concerning assignments of the lessor's interest under community oil andgaslease.
CLTA FORM 110.1
Amends policy to delete particular Schedule B para- graphs, or to delete a particular general Exception from Coverage.
CLTAFORM 110.7 Providesinsuredownerorlenderwithcoverage againstlossbyreasonoftheenforcementofaspeci- fiedlienorencumbrancereferencedin ScheduleB.
CLTA FORM 110.9 ProvidesinsuredALTAresidentiallenderwithcov- erage against loss by reason of lack of priority over (a)anyfederalorstateenvironmentalprotectionlien which is recordedin the public records, except as set forthin ScheduleB,and(b)anystateenvironmental protection lien provided for by any state statute in effectatDateofPolicy,exceptasprovidedforbystate statutes specifiedin the endorsement.
CLTA FORM 111
Provides insured lender with coverage against loss by reason of loss of mortgage lien priority on the remaining land occasioned by a partial reconveyance.
CLTA FORM 111.1
Provides insured lender with assurance that policy liability forlosshasnotbeenreducedbyreasonofa partialreconveyance,excepttotheextentofanycon- siderationreceivedfor thepartialreconveyance.
CLTAFORM 111.2
Provides insured lender with coverage against loss byreasonofanyimpairmentofthelienoftheinsured mortgage on the land occasionedby a subordination
agreement.
CLTAFORM 111.3
Provides insured lender with coverage against loss by reason of (a) any impairment of the lien of the in-
CLTA FORM 110.3
Providesinsuredownerorlenderwithassurancethat suredmortgageontheremaininglandoccasionedby
mineralownerhasrelinquishedrightofsurfaceentry
CLTAFORM 110.4
Provides insured ALTA lender with assurance con- cerning proper modification of the insured mortgage.
CLTA FORM 110.5
Provides insured ALTA lender with assurance con- cerning proper modification of the insured mortgage, including expresspriority coverage.
CLTAFORM 110.6
Provides insured CLTA lender with assurance con- cerningpropermodificationoftheinsuredmortgage, including express priority coverage.
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apartialreconveyance,and(b)withassurancescon- cerning encroachments and the designation of im- provements on the remaining land.
CLTAFORM 111.4 ProvidesinsuredALTAlender andHUD with assur- ancesastothecontinuedvalidity andpriority ofthe insured mortgage following the trustor's conveyance of title if, in return for the assumption of the indebt- edness by the purchaser, the original trustor is re- leased from liability for payment of the mortgage.
CLTAFORM 111.5
(ALTAFORM 6) ProvidesinsuredALTAvariableratemortgagelender withcoverageagainstlossbyreasonof(1)invalidity