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An example restriction would be pay to the order of the bank or For Deposit Only. Such can be followed by the business name or the payees account number. In the cases of companies, such negotiable (check) instruments are endorsed by stamping at the back.
For example, if John receives a check made out to him and he signs the back of the check to transfer it to Jane, who then signs it to transfer it to Tom, but then Tom signs it and gives it to Sarah, who is not part of the chain of ownership, Sarah has made an irregular indorsement.
For example, a check indorsed by the payee (signed on the back) may be passed from one person to another and cashed in by any of them. A blank indorsement creates conditional contract liability in the indorser: he is liable to pay if the paper is dishonored.
An indorser might want to condition the negotiation of an instrument upon some event, such as Pay Carla Green if she finishes painting my house by July 15. Such a conditional indorsementIndorsement that makes instruments payment dependent on the occurrence of some event specified in the indorsement; generally
Anomalous endorsement means an endorsement made by a person who is not the holder of the instrument. An anomalous endorsement does not affect the manner in which the instrument may be negotiated.

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(b) If an indorsement is made by the holder of an instrument and it is not a special indorsement, it is a blank indorsement. When indorsed in blank, an instrument becomes payable to bearer and may be negotiated by transfer of possession alone until specially indorsed.
For example, the holder of an instrument, intending to make a special indorsement, writes the words Pay to the order of without completing the indorsement by writing the name of the indorsee. The holders signature appears under the quoted words.
An endorsement in full or a special endorsement is one where the endorser puts his signature on the instrument as well as writes the name of a person to whom order the payment is to be made.

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