Title
Insurance Company
Agent’s Name: Title Agency of New Jersey, Inc. Title
No.: TA-
BECAUSE Title
Insurance Company (the “Company”) is about to issue its title
insurance policy or policies, insuring against loss by reason of defects in
title to the premises (“land”) described in the commitment described by the
above Title No.;
AND, BECAUSE the Company has noted as exceptions to
title, in that commitment, the following actual or supposed rights, interests,
liens, claims, encumbrances, or defects in title:
AND, BECAUSE the Company has been asked to issue its
title insurance policy or policies, either without mention of the aforesaid
exceptions or insuring against loss by reason of the exceptions(s);
AND, BECAUSE the Company may, from time to time, in
the course of its business issue one or more policies and commitments, insuring
against loss by reason of defects in the title to the land or to one or more
parts thereof or interests therein, either without mentioned of the exceptions
or insuring against loss by reason thereof;
NOW, THEREFORE, in consideration of the issuance of
the title insurance policy as noted above, the undersigned covenant and agree
with the Company that they will, jointly and severally, forever fully protect,
defend, and save harmless the Company from any loss, cost or expense, including
but not limited to, damages, attorney’s fees, and expenses of every kind and
nature which it may suffer, expend or incur by reason of these title insurance
policy or policies and commitments insuring against loss because of the above
mentioned rights, interests, liens, claims, encumbrances and defects in
title. The losses indemnified against
shall include loss, costs, damages, fees, and expenses incurred in actions
brought to enforce this agreement.
After the liens, encumbrances of defects in the
title aforesaid are paid, discharged, satisfied or removed from the title to
the land to the satisfaction of the Company (as to which the Company shall be
the sole judge), and the Company has been reimbursed for any loss, cost or
expense it may have incurred under the policies and which are to be reimbursed
under this Agreement, the obligations under this Agreement shall terminate.
This Agreement is signed on
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Indemnitor
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Address
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Indemnitor
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Address
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