Interest Rate Swap Endorsement – Direct Obligation – Defined Amount – (ALTA 29.2-06 , CLTA 134.2-06)
Loan Policy. Insures against loss by reason of the invalidity, unenforceability, or lack of priority of the lien of the insured mortgage as security for the swap obligation at date of endorsement and includes an additional amount of insurance applicable only to loss or damage under the endorsement.ALTAEndorsement29-2-06Adopted08-01-11[1]
ALTA 29.2-06 , CLTA 134.2-06
