Deed - 15370-15375 Tropic Ct - File 1329, 1999

Home

ENDORSEMENT Attached to Policy No. 27-042-92 1275000 Issued by FIDELITY NATIONAL TITLE INSURANCE COMPANY FILE NO. 604549 The Company hereby insures the insured that, notwithstanding anything to the contrary contained in this policy, in the event of loss or damage insured against under the terms this policy, the Company shall not deny liability under this policy to the insured on the ground that on or after the effective date of this policy a dissolution or termination of the insured partnership has occurred or a new partnership has been formed solely by reason of (a) any one or more transfers of the partnership interests of any one or more of the partners of the insured partnership, or (b) the admission, substitution or withdrawal of any one or more partners, or (c) a change in any partner's interest in the capital or profits of, or as a limited or general partner in, the insured partnership; provided that (x1 under the terms of the partnership agreement of the insured partnership (as the same may be amended and restated), the business of the insured partnership continues after such event, and (y) at all times after such event, at lease one of the entities that is a general partner of the insured on the effective date of this policy remains a general partner of the insured. Each of the events described in clauses (a)-(c) above that satisfies the conditions set forth in clauses (x) and (y) above is hereinafter referred to as a "Permitted Transfer." The Company hereby agrees that it shall be and remain liable to the named insured or any successor of the named insured after any such Permitted Transfer, in accordance with all of the terms and provisions of this policy, notwithstanding any such Permitted Transfer. The benefits of the insurance coverage provided for herein shall be limited to the date of the policy and, except as provided herein, shall be subject to the Exclusions from Coverage, the Schedules and the Conditions and stipulations of the Policy (except as the same have been or may be modified by the Company), and any rights or other defenses the Company would have had against the named insured or its constituent partners before or after any Permitted Transfer. This Endorsement is made a part of the policy. It is subject to all the terms of the policy and prior endorsements. Except as expressly stated on this endorsement, the terms, dates and amount of the commitment or policy and prior endorsements are not changed. Dated: December 14, 1999 FIDELITY NATIONAL TITLE INSURANCE COMPANY ti Countersigne 17�q, Authorized Signature