Variable Rate, Renewal – (CLTA 111.7-06)

Provides coverage to a Lender against loss sustained by reason of the invalidity or unenforceability of the lien of the insured mortgage resulting from provisions therein providing for renewal of the mortgage or changes in the rate of interest and against the loss of priority of the lien caused by the provided renewal or changes in the interest rate.

clta111.7-06 CLTA 111.7-06