Title Insurance Company

 

Agent’s Name: Title Agency of New Jersey, Inc.         Title No.:  TA-

 

AGREEMENT TO INDEMNIFY AND HOLD HARMLESS

 

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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Indemnitor

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