Chicago Title Endorsement Handbook - Chicago, IL

Non-ALTA 2006 • 332 ENDORSEMENT ATTACHED TO AND FORMING A PART OF POLICY NO. ______ ISSUED BY CHICAGO TITLE INSURANCE COMPANY Policy modification endorsement (change of insured for owner’s policy) The name(s) of the original Insured, to wit ___________. Paragraph 1 of Schedule A of the policy is hereby amended to delete the name(s)of the Insured (the “original Insured”) therefrom and to substitute therefore the following: ____________ (the “new Insured”). Paragraph 3 of Schedule A of the policy is hereby amended to delete the words “the Insured” therefrom and to substitute therefore the name(s) of the original Insured. Notwithstanding the above, (a) nothing contained herein should be construed as extending the effective date of said policy, and no liability is assumed for defects or encumbrances attaching or created subsequent to the date of policy, nor (b) nothing contained herein should be construed as insuring that the new Insured holds title to the land. The rights of the Insured under said policy shall be subject to the defenses, if any, which this company might have against the original Insured. No liability is assumed for loss or damage resulting from any failure to record or file the instrument or instruments necessary to evidence of record the Insured’s estate or interest in the land. This endorsement is issued as part of the policy. Except as it expressly states, it does not (i) modify any of the terms and provisions of the policy, (ii) modify any prior endorsements, (iii) extend the Date of Policy, or (iv) increase the Amount of Insurance. To the extent a provision of the policy or a previous endorsement is inconsistent with an express provision of this endorsement, this endorsement controls. Otherwise, this endorsement is subject to all of the terms and provisions of the policy and of any prior endorsements. CHICAGO TITLE INSURANCE COMPANY By: ______________________________________ Authorized Signatory Assignment of Policy Endorsement