Page 8 - CTT Summary of CA Endorsements

exercise of surface rights for the extraction or devel- opment of water excepted from the description or shownasareservationin ScheduleB.
CLTA FORM 103.9
Provides insured ALTA lender with coverage against loss by reason of forced removal of proposed improve- ments which encroach into a public street, provided proposedimprovementsarelocatedandconstructedin
accordance with designatedplans and specifications.
CLTA FORM 103.10
Provides insured owner or lender with coverage against loss by reason of the use of the surface of the land by the owners of land below the surface.
CLTA FORM 104 ProvidesassigneeoftheALTAinsuredmortgagewith assurance concerning (a) validity of the recorded as- signment to evidence transfer of the entire beneficial interest to the named assured assignee; (b) subsist- ingrealproperty tax or assessmentliens;(c)matters shownby the public records which affect the validity or priority of the insured mortgage; and (d) federal tax liens or bankruptcy proceedings affecting title to the estate or interest coveredby the policy. (See CT! 3146; TICOR 7946; and SUTIC 12746 for broader coverage.)
CLTA FORM 104A ProvidesassigneeoftheCLTAinsuredmortgagewith assurance concerning (a) validity of the recorded as- signment to evidence transfer of the entire beneficial interest to the named assured assignee; (b) subsist- ingrealproperty tax or assessmentliens;(c)matters shownby the public records which affect the validity or priority of the insured mortgage; and (d) federal tax liens or bankruptcy proceedings affecting title to the estate or interest coveredby the policy.
CLTA FORM 104.1
Provides assignee of the insured mortgage with as- suranceconcerning(a)validityoftherecordedassign- ment to evidence transfer of the entire beneficial in-
teresttothenamedassuredassignee;and(b)fullor partialreconveyances,modificationorsubordination of the insured mortgage.
CLTA FORM 104.4
Provides collateral assignee of the insured mort- gage with assurance concerning(a) validity of the reCorded assignment to evidence transfer of the ben- eficial interest to the named assured assignee as collateral security; and (b) full or partial recon- veyance, modification or subordination of the in- sured mortgage.
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CLTAFORM 104.6 ProvidesinsuredALTAlender with coverageagainst loss by reason of defects in the execution of an as- signment of lessor's interest in a lease or leases, or by reason of any prior assignment except as set forth in the endorsement.
CLTA FORM 104.7
Provides insured lender with coverage against loss by reason of any prior recorded assignment of rents.
CLTA FORM 104.8 ProvidesassigneeoftheALTAinsuredmortgagewith assurance concerning (a) validity of the recorded as- signment to evidence transfer of the entire beneficial interesttothenamedassuredassignee,withqualifi- cations;(b)subsistingrealpropertytaxorassessment liens; (c) matters affecting the validity or priority of the insured mortgage; and (d) federal tax liens or bankruptcy proceedings affecting the estate or inter- est coveredby the policy.
CLTAFORM 104.9 ProvidesassigneeoftheCLTAinsuredmortgagewith assurance concerning (a) validity of the recorded as- signment to evidence transfer of the entire beneficial interesttothenamedassuredassignee,with quali- fications;(b) subsistingrealproperty tax or assess- ment liens; (c) matters shown by the public records
which affect the validity or priority of the insured mortgage;and(d)federaltaxliensorbankruptcypro- ceedings affecting the estate or interest covered by the policy.
CLTA FORM 104.10
Provides assignee of the insured mortgage with as- suranceconcerning(a)validityoftherecordedassign- ment to evidence transfer of the entire beneficial in- teresttothenamedassuredassignee,with qualifi- cations;and(b)fullorpartialreconveyance,modifi- cation or subordination of the insured mortgage.
CLTA FORM 104.11
Provides collateral assignee of the insured mort- gagewithassuranceconcerning(a)validityofthere- corded assignment to evidence transfer of the entire beneficial interest to the named assured assignee as collateralsecurity,with qualifications:and(b)full or partial reconveyances, modification or subordina- tion of the insured mortgage.
CLTAFORM105 -
Modifies ALTA Loan or Leasehold Loan Policy provi- sions to accommodate insurance of the liens of two mortgages under a single policy.