Security Title Endorsement Guide

ASSIGNMENT OF MORTGAGE ALTA 10-06 (02-03-10) AND 10.1-06 (02-03-10)

The ALTA 10-06 endorsement insures the effectiveness of the assignment of the Insured

Mortgage and that there have been no releases or reconveyances placed of record other than as

shown. The ALTA 10.1-06 provides the same coverage as the 10-06 and gives additional

coverage over only certain matters occurring after the original Date of Policy and before the Date

of Endorsement, which is a defined term within the endorsement.

The policy is modified by naming the assignee under the assignment as the Insured. The

endorsement provides additional affirmative coverage against the ineffectiveness of the

assignment and the effect of any full or partial releases or reconveyances recorded after the Date

of Policy and before the Date of Endorsement. In addition, the ALTA 10.1-06 provides coverage

for the matters described above. Both forms of endorsement are conditioned upon the proper

delivery and endorsement of the underlying notes.

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