Jackson S. Yarborough Deed - Laserfiche WebLink

Browse Search

'. e -- ATTACHMENT EXHIBIT "An Attached to and forming a part of TlCOR Title Insurance Company Owner's Policy Number 26260:2KWA~B~. Paragraph Numbers I.(e), 2.(d) and 3.(a),(b),(e),(d),(e) and (f), of the CONDITIONS AND STIPULA TIONS of our Owner Policy of Title Insurance, Form T -1, Cover are hereby amended to state the following: Paragraph I.(e) is amended as follows: "(e) "knowledge": Actual knowledge, not constructive knowledge or notice which may be imputed to the Insured by reason of any public records." Paragraph 2.(d) is amended as follows: "(d) Defects, liens, encumbrances, adverse claims, or other matters (1) created, suffered, assumed or agreed to by the Insured; (2) not known to the Company and not shown by the public records but known to the Insured either at the date of this policy or at the date the Insured acquired an estate or interest insured by this policy and not disclosed in writing by the Insured to the Company prior to the date such Insured became an Insured hereunder; (3) resulting in no loss or damage to the Insured; (4) attaching or created subsequent to the date of this policy; (5) resulting in loss or damage which would not have been sustained if the Insured had paid value for the estate or interest insured by this policy; or '(6) the homestead or community property or survivorship rights, if any, of any spouse of any Insured." Paragraph 3 is amended as follows: "l. DEFENSE AND PROSECUTION OF ACTIONS (a) In all cases where this policy provides for the defense of any action or proceeding, the Insured shall secure to the Company the right to so provide defense in such action or proceeding, and all appeals therein, and permit it to use, at its option, the name of the Insured for such purpose. (b) The Company shall have the right to select counsel of its own choice whenever it is required to defend any action or proceeding, and such counsel shall have complete control of said defense. (c) The Company shall have the right at its own cost to institute and without undue delay prosecute any action or proceeding or to do any other act which in its opinion may be necessary or desirable to establish the title to the estate or interest as insured, and the Company may take any appropriate action under the terms of the policy, whether or not it shall be liable thereunder, and shall not thereby concede 'liability or waive any provision of this policy.