Lender Order Form Order Date: Lender Information Loan Information * Purchase Refinance Choose the Type of Endorsement(s) Environmental Protection (ALTA 8.1-06) Restrictions, Easements, Minerals (ALTA 9-06) Location (ALTA 22-06) $150 plat drawing required Full ALTA Policy (Includes all of the above) $150 plat drawing required Other Will there be a Second Mortgage Closing Simultaneously? Yes No Will you need a loan policy for the 2nd mortgage? Yes No Requested Delivery Date: Estimate Closing Date: (If known) Borrower Information Property Information Property Type * Commercial Residential Please enter the following information on the property that you are selling: Note: If vacant land input Parcel ID number if available or "TBD" in "Street Address" field. Property Type Existing Buildings Vacant Land Construction Currently or within Last 150 Days Future Construction Will you require the standard mechanic's lien exceptions to be deleted from the policy Yes No In order to delete the standard mechanic's lien exceptions from the loan policy, the company must be supplied with a Sworn Construction Statement and supporting Mechanic's Lien Waivers prior to the closing to complete a lien audit. The Sworn Construction Statement must be completed to reflect all categories of work performed and/or materials supplied, the name, address and phone number of the sub- contractors who performed the work and/or supplied the materials, together with the actual costs. The lien waivers must be full and final waivers and not conditional. At the closing, the borrower will be required to sign a Mechanic's Lien Indemnity Agreement. Will we be doing the draws? Yes No Will you require the standard mechanic's lien exceptions to be deleted from the policy? Yes No In order to delete the standard mechanic's lien exceptions from the loan policy (provide mechanic's lien coverage), it will be necessary for the company to obtain priority pictures of the subject premises, immediately following the recordation of the Mortgage, establishing that there have been no actual and/or visible improvements of any kind started on the subject premises, including but not limited to, tree removal, grading, storing of materials or equipment, or piling of dirt. Has construction already started? Yes No In order to remove the standard mechanic lien exception please contact Michelle at 218-441-3771 or email: Michelle@sathretitle.com as soon as possible to avoid potential delays. An early start approval is required. Please contact Michelle at 218-441-3771 or email: Michelle@sathretitle.com as soon as possible to avoid potential delays. Abstract Information: (If known) Additional Information/Comments: Please upload Purchase Agreement and other applicable forms: If necessary please send additional files to orders@sathretitle.com and reference property address.
