Common use of Modification or Subordination of Mortgage Clause in Contracts

Modification or Subordination of Mortgage. The Lender has not done any of the following: • materially modified the mortgage; • satisfied or canceled the mortgage in whole or in part; • subordinated the mortgage in whole or in part, unless it is represented to us as a second mortgage; • released the property in whole or in part from the mortgage lien; or • signed any release, cancellation, modification, or satisfaction of the mortgage. This warranty is not made if any of the things just mentioned have been done but have been expressly brought to our attention in a letter before we make payment to the Lender. The letter must be acknowledged by us in writing. 12/01

Modification or Subordination of Mortgage. The Lender has not done any of the following: • - materially modified the mortgage; • - satisfied or canceled cancelled the mortgage in whole or in part; • - subordinated the mortgage in whole or in part, unless it is represented to us as a second mortgage; • - released the property in whole or in part from the mortgage lien; or • - signed any release, cancellation, modification, modification or satisfaction of the mortgage. This warranty is not made if any of the things just mentioned have been done but have been expressly brought to our attention in a letter before we make payment to the Lender. The letter must be acknowledged by us in writing. 12/01.

Modification or Subordination of Mortgage. The Lender has not done any of the following: • materially modified the mortgage; • satisfied or canceled cancelled the mortgage in whole or in part; • subordinated the mortgage in whole or in part, unless it is represented to us as a second mortgage; • released the property in whole or in part from the mortgage lien; or • signed any release, cancellation, modification, modification or satisfaction of the mortgage. This warranty is not made if any of the things just mentioned have been done but have been expressly brought to our attention in a letter before we make payment to the Lender. The letter must be acknowledged by us in writing. 12/01.