Truth In Lending Endorsement printable pdf download

Truth In Lending Endorsement

13.14.18.13 NM FORM 48: TRUTH IN LENDING ENDORSEMENT:

Truth In Lending Endorsement

Attached to Policy No.________________________

Issued by

Blank Title Insurance Company

[NM Form 48; ALTA Form 2, Rev. 2006]

The Company insures against loss or damage sustained by the Insured by reason of any final judgment of a court of

competent jurisdiction that either the lien of the Insured Mortgage has been terminated or the Title of an Insured,

who has acquired all or any part of the Land by foreclosure, trustee’s sale, conveyance in lieu of foreclosure, or

other legal manner, which discharges the lien of the Insured Mortgage, has been defeated by a valid exercise of the

right of rescission conferred by the Federal Truth-in-Lending Act and that the right or rights of rescission existed

because neither the credit transaction evidenced by the Insured Mortgage nor the right of rescission was exempted or

excepted by the provisions of Regulation Z (12 CFR 226).

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.

[Witness clause optional]

Dated: __________________________________

BLANK TITLE INSURANCE COMPANY

Authorized signatory: ______________________

[13.14.18.67 NMAC - N, 5-15-00; A, 7-1-06; 13.14.18.67 NMAC - Rn, 13.14.18.61 NMAC & A, 8-1-08]

Truth In Lending Endorsement