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Loan Policy No. 5011300-1677452e, Insured OC Public Facilities Company, for 4801 West Ten Rd., Efland, NC
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Loan Policy No. 5011300-1677452e, Insured OC Public Facilities Company, for 4801 West Ten Rd., Efland, NC
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10/16/2015 3:12:18 PM
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10/16/2015 3:12:05 PM
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10/16/2015
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Work Session
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S Order of the Board of County Commissioners to collect taxes remaining unpaid as set forth in the 2006 through 2015 tax records filed int he office of the Tax Collector
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wgqC <br /> First American <br /> Title Insurance Company <br /> ALTA ENDORSEMENT FORM 6-06 <br /> (Variable Rate) <br /> Attached to Policy No. 201500290CAF <br /> This endorsement is made a part of the Policy to which it is attached. <br /> The Company insures against loss or damage sustained by the Insured by reason o£ <br /> 1. The invalidity or unenforceability of the lien of the Insured Mortgage resulting from its provisions <br /> that provide for changes in the rate of interest. <br /> 2. Loss of priority of the lien of the Insured Mortgage as security for the unpaid principal balance of the <br /> loan, together with interest as changed in accordance with the provisions of the Insured Mortgage, <br /> which loss of priority is caused by the changes in the rate of interest. <br /> "Changes in the rate of interest", as used in this endorsement, shall mean only those changes in the rate of <br /> interest calculated pursuant to the formula provided in the Insured Mortgage at Date of Policy. <br /> This endorsement does not insure against loss or damage based upon: <br /> 1. usury, or <br /> 2. any consumer credit protection or truth in lending law. <br /> This endorsement is issued as part of the policy. Except as it expressly states, it does not (i) modify any of the <br /> terms and provisions of the policy, (ii) modify any prior endorsements, (iii) extend the Date of Policy, or (iv) <br /> increase the Amount of Insurance. To the extent a provision of the policy or a previous endorsement is <br /> inconsistent with an express provision of this endorsement, this endorsement controls. Otherwise, this <br /> endorsement is subject to all of the terms and provisions of the policy and of any prior endorsements. <br /> IN WITNESS WHEREOF, First American Title Insurance Company has caused this <br /> Endorsement to be signed and sealed on its date of issue set forth herein. <br /> Dated: June 25,2015 <br /> First American Title Insurance Company <br /> Countersigned by: <br /> INVESTORS TITLE COM RCIAL AGENCY,LLC <br /> (1,I&A_67 (-., <br /> f_ <br /> Authorized Signatory <br /> Page: 1 <br />
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