The contaminated brake fluid claim really sent me over the edge, though. One, a brake system is a sealed hydraulic system, so nothing can get in or out. If there is an opening for something to enter, then you will experience a loss of pressure, meaning your brake pedal will feel spongy or fall to the floor.
Down Date (Form T-3) â Available only for a Mortgagee Policy issued in connection with a construction loan and in the amount of the construction loan. The effective date of the Mortgagee Policy is brought forward to a more current date. There is a charge of $50.00 as each down date endorsement is issued.Environmental Protection Lien (Form T-36) â Applies to residential property only. It is also available for apartment complexes where the use is strictly residential. There is a $25.00 charge for this endorsement.own Date (Form T-3) â Available only for a Mortgagee Policy issued in connection with a construction loan and in the amount of the construction loan. The effective date of the Mortgagee Policy is brought forward to a more current date. There is a charge of $50.00 as each down date endorsement is issued.
Definitions (3) 1  1. The date on which an agreement, such as a contract or insurance policy, takes effect. 2  2. The date on which a registration of a new security filed with the SEC becomes effective, usually 20 days after the filing of the registration. 3  3. In an interest rate swap, the date the swap begins to accrue interest.