Maria Marrero Title Policy-F101 flood drainage project

Browse Search

14. ARBITRATION. '. ' Unless prohibited by applimble law or unless this ration sedion is deleted by spedfi[ provision in S[hedule B of this policy, either the Company or the insured may demand arbitration pursuant to the Title Insuranal Arbitration Rules of the Amerimn Arbitrotion Assodation. Arbitrable motters may indude, but are not limited to, any mntroversy or daim between the Company and the Insured arising out of or relating to this polity, any servi[8 of the Company in mnnemon with its issuanal or the breath of a polity pravision or other obligation. All arbitrable matters when the Amount of Insuranal is $1,000,000 or less SHALL BE arbitroted at the request of either the Company or the insured, unless the insured is an individual r.erson (as distinruished from a mrporation, trust, partnership, assodation or other egal entity). AI arbitrable matters when the Amount of Insuran[e is in UalSS of $1,000,000 shall be arbitrated only when agreed to by both the Company and the Insured. Arbitration pursuant to this polity and under the Rules in effed on the date the demand for arbitration is made or, at the option of the insured, the Rules in effed at Date of Polity shall be binding upon the parties. The award may indude attorney's fees on~ ifthe laws of the state in whi[h the land is IMated permit a murt to award attorne s fees to a prevailing party. Judgment upon the award rendered by the Arbitrator sl may be entered in any murt having jurisdidion thereof. The law of the situs of the land shall apply to an arbitration under the TItle Insuran[8 Arbitration Rules. A mpy of the Rules may be obtoined fram the Company upon request., 15. LIABILITY LIMITED TO THIS POLICY: POLICY ENTIRE CONTRACT. . (a) This polity together with all endorsements, if any, attomed hereto by the ~- ::I: o c: !!.:tJ 00 :J. ~aJ ~ ~ m~ ......1\) ......co I\) U1 I\) ~ ~!4 im~ ~ ~ ~p) '0 .., , ~r+ 8 - - - - - - - - ~- -- .' i. ;a I :i-. ...:; .. ,.. ..~I Company is the entire pnA.d [ontrad between the insured and the Company: iii :- i interpreting any provisio~;.is polity, this polity shall be mnstrued as a whole. ~ (b) Any daim of loss or damage, whether or not based on negUgen[e, and ' whim arises out of the status of the title to the estate or interest [overed hereby or By , anyamon asserting su[h daim, shall be restrided tO,this polity. I ([) No amendment of or endorsement to this polity [an be made ex[8pt by a writing endorsement hereon or atta[hed hereto signed by either the President, a Vial President, the Se[retory, an Assistant Se[retory, or validating offi[er or authorized signatory of the Company. 16. SEVERABILITY. ' In the event any provision of the polity is held invalid or unenforalable under applimble law, the polity shall be deemed not to indude that provision and all other provisions shall remain in full fol'[8 and elfed. 17. NOTICES, WHERE SENT. All notim required to be given the Company and any statement in writing required to be furnished the Company shall indude the number of this polity and shall be addressed to the Company at P.O. Box 2029, Houston, Texas n252-2029. COMPLAINT NOnCE. Should any dispute arise about your premium or about a daim that you have filed, mntod the agent or write to the Company that issued the polity. If the problem is not resolved, you also may write the Texas Department of Insuran[8, P.O. Box 149091, Austin, 11 78714-9091, Fax No. (512) 475-1n1. This noti[8 of mmplaint pro[edure is for information only and does not bemme a part or mndition of this polity. , ... " stewart- ~tIlle gulll'8rity company - ~ 0 & t) .., ~.*~ 'S) " "CT )-'Y Z tn-t c:_ :D-tO ]>r-'T1 Zm o m - - - - - - - - - I,rt