Page 14 - CTT Summary of CA Endorsements

CHICAGO TITLE INSURANCE (CTI)
SPECIAL ENDORSEMENTS
CT!FORM 2697
Modifies insured owner's policy provisions to accom- modate upward adjustment of the maximum amount of insurance in force according to a prescribed for- mula. (Also see SUTIC Form 3).
CT!FORM 2701
Modifies insured owner's ALTA Residential Title In- surance Policy provisions to accommodate automatic increases in the amount of insurance in force. (Also
see SUTIC Form 12).
CT!FORM 2842
Provides insured lender with a date-down of the record title to land and the insured mortgage subse- quent to Date of Policy.
CT!FORM 3032
• (FAIRWAY ENDORSEMENT)
Provides insured partnership with assurance that coveragewillnotbedeniedonthebasisofthewith- drawal or addition of a partner or partners.
CT!FORM 3109 Providesinsuredforeignlenderwithcoverageagainst loss by reason of unenforceability of insured mort- gage lien as the result of a violation of state doing business laws.
CT!FORM 3111 Providesinsuredsharedappreciationlenderwithcov- erage against loss by reason of (1) invalidity or unenforceability of insured mortgage lien resulting from provisions therein providing for additional in- terest, or (2) loss of priority of the mortgage lien as security for the unpaid principal balance of the loan, thebaseinterestthereonandtheadditionalinterest.
CT!FORM 3113
Provides insured lender with coverage against loss byreasonofajudicialdeterminationthattherela- tionship existing between trustor and beneficiary is
that of partners, tenants in common, joint venturers orco-ownersratherthanthatofborrowerandlender.
CT!FORM 3122
Provides insured lender with assurances that (1) a mobilehome is located on the security land; (2) that the value of such mobilehome, even though title theretoisexcepted,willbeincludedasanelementof any loss otherwise payable under the policy; and (3) reconciles the coverage of CLTA Form 100 to include the mobilehome within the term "improvements".
CT!FORM 3123 Providesinsuredoptioneeswithcoverageastovalid- ity, enforceability and priority of option.
CT!FORM3124
Amends Schedule B general reference to supplemen- taltaxesbylimitingapplicationtotaxableeventsoc- curring on or after date of policy.
CT!FORM3127
Provides insured owner or lender with assurance that,in theeventofloss,policyliability willnotbe denied on the basis of knowledge of any matter solely by reason of notice thereof imputed to the insured as a matter of law. (Referred to as the "non- imputation endorsement".)
CT!FORM 3136
(FOREIGN CURRENCY MORTGAGE) Providesinsuredforeigncurrencylender with cover- age against loss by reason of (1) invalidity or unenforceability of the insured mortgage resulting from terms therein providing for revaluation of the indebtednessbasedonchangesin theconversionrate
or (2) loss of priority of the insured mortgage lien causedby changesin the conversionrate.
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