Chicago Title Endorsement Handbook - Chicago, IL

Non-ALTA 2006 • 299 FUTURE INSURANCE ENDORSEMENT This endorsement provides assurance that within a stipulated period of time we will increase the Amount of Insurance under the current policy or issue a new policy to a party designated by the Insured, subject only to then current underwriting practices and subsequent matters of record, and only if there are no claims or adverse title matters pending. Form A This form does not obligate the Company, in the face of a previously existing unknown defect in title or pending claim, to issue additional title insurance policies or to increase the amount of insurance, and is the preferred form for use in other than new construction. Form B This form obligates the Company to increase the Amount of Insurance and is to be used only in new construction situations where the original Amount of Insurance represents the value of the raw land and there is no construction loan to be insured, subject to any matters which were created, first appeared in the Public Records, attached or became Known to either the Insured or the Company subsequent to the date of the original policy. Future Insurance Endorsement