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<br />CONDITIONS AND STIPULATIONS
<br />(continued)
<br />
<br />(d) Whenever the Company shall have brought any action or
<br />interposed a defense as required or permitted by the provisions
<br />of this policy, the Company may ,pursue any such litigation to
<br />final determination by a court of competent jurisdiction and
<br />expressly reserves the right, in its sole discretion, to appeal
<br />from any adverse judgment or order: .
<br />
<br />(e) Whenever requested by the Company, such insured shall give
<br />the Company all reasonable aid in any such action Of proceed-
<br />ing, in effecting settlement, securing evidence, obhJ.ining wit-
<br />nesses, or prosecuting or defending such action or proceeding,
<br />and the Company shall reimburse such insured for any
<br />expense so incurred. .
<br />
<br />(f) Any action taken by the Company for the defense of. the
<br />Insured or to establish the title as insured, or both, shall not be
<br />construed as an admission of liability, and the Company shall
<br />not thereby be held to concede liability or waive any provision
<br />of this policy. -
<br />
<br />,4. Pa,..... of Loss
<br />
<br />(a) , No claim shall arise or be maint~nable under this policy for
<br />liability voluntarily assumed by the Insured in settling any
<br />claim or suit without written consent of the Company.
<br />
<br />(b) All payments under this policy, except payments made for
<br />costs, attorney fees and expenses, shall reduce the amount of
<br />the insurance pro tanto; and the amount of this policy shall be
<br />reduced by any amount the COPlpany may pay under ~y
<br />policy insuring the validity or priority of any lien excepted to
<br />'herein or any instrument hereafter ~xecuted by the 'Insured.
<br />which is a charge or lien on the land, and the amount so paid
<br />shall be deemed a payment to the Insured u~der this policy.
<br />
<br />(c) The Company shall have the option to payor settle or com-
<br />promise for or in the name of the Insured any claim insured
<br />against by this policy, and such payment or tender o( pay-
<br />ment, together with all costs, attorney fees and expenses which,
<br />the Company is obligated hereunder to pay, shall terminate all
<br />liability of the Company hereunder as to such claini. Further,
<br />
<br />Texas Owner Policy - T - I Cover Page (3-1-85)
<br />CLTIC Form 1048-16
<br />
<br />the payment or tender of payment of the full amount of this
<br />policy by the Company shall terminate all liability of the
<br />Company under this policy.
<br />
<br />(d) Whenever the Company shall have settled a claim under this
<br />policy, all right of subrogation shall vest in the Company
<br />unaffected by any act of the Insured, and it shall be subro-
<br />gated to and be entitled to all rights and remedies of the
<br />Insured against any. person or property in respect to such
<br />claim: The Insured,. if requested by the Company, shall
<br />transfer to the Company all rights and remedies against any
<br />person or property necessary in order to perfect such right of
<br />:5ubrogation, and shall permit the Company to use the name
<br />of the Insured in any transaction or litigation involving such
<br />rights or remedies.
<br />
<br />S. Policy EntIre Contract
<br />
<br />Any action, actions or rights of action that the Insured may have,
<br />or may bring, against the Company, arising out of the status of the
<br />title insured hereunder, must be' based on the pro:visions of this
<br />policy, and all notices required to be given the Company, and any
<br />stab=ment in writing required to be furnished the Company, shall
<br />JJe addressed to its home office, Eight Penn Center, Philadelphia,
<br />Pennsylvania 19103.
<br />
<br />6. This POliCy Is not Transferable.
<br />
<br />7. COMPLAINT NOTICE:
<br />
<br />Should any dispute arise about your premium or about a
<br />claim that you have filed, contact the agent or write to
<br />the company that issued the policy. If the problem is not
<br />solved, you may also write the State Board Of Insurance,
<br />Department C, 1110 San Jacinto Blvd., Austin, TX,
<br />18776. This notice of complaint procedure is for informa-
<br />tion only and does not become a part or condition of this.
<br />policy.
<br />
<br />Valid Only If Schedules A and B Are Attached
<br />
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