Gap Endorsement - Chicago Title Insurance Company
Chicago Title Insurance Company
GAP ENDORSEMENT
Attached to and made a part of Chicago Title Insurance Company Loan Policy No.
This policy affirmatively insures the Insured against any loss or damage resulting from the creation or existence of any liens, encumbrances, or other title defects attaching between the time of execution of the mortgage insured hereby and the time of recordation of the mortgage insured hereby.
The total liability of the Company under said policy, binder or commitment and under this and any prior endorsements thereto shall not exceed, in the aggregate, the amount of liability stated on the face of said policy, binder or commitment, as the same may be specifically amended in dollar amount by this or any prior endorsements, and the costs which the Company is obligated to pay under the Conditions and Stipulations of this policy.
This endorsement is made a part of said policy, binder or commitment and is subject to all the terms and provisions thereof, except as modified by the provisions hereof.
Nothing herein contained shall be construed as extending or changing the effective date of the aforesaid policy, binder or commitment unless otherwise expressly stated.
IN WITNESS WHEREOF, the Company has caused this Endorsement to be signed and sealed as of , to be valid when countersigned by an authorized officer or agent of the Company, all in accordance with its By-Laws.
COUNTERSIGNED:
BY: __________________________________
Authorized Signatory
Gap Endorsement
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