Seller Name or Company Name
Seller Address
Seller City, State Zip Code
Seller Contact Phone Number Here
Date:____________________
TO: Insurance Company Name
Insurance Agent Name
Insurance Agent Street Address
Insurance Agent C/S/Z
Dear _____________.
As a current loss payee under the fire and hazard insurance policy for the mortgaged property located at [[ property address ]] and occupied by [[ borrower name ]], we hereby instruct you to replace us as the loss payee with the following entity: [ ]. Please issue the appropriate endorsement and forward it to endorsement to:___________
_______________________________________________________________________.
Furthermore, please send _____________________________________an updated copy of the Declaration page to update their system. Should you have any questions, feel free to contact their office toll free at ________________________ Insurance Dept. Thank you for your assistance in this matter.
Sincerely,
________________________________
Seller Name Goes Here
Seller Company Name Here if Applicable