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or other obligation . Arbitration pursuant to this policy and under the Rules in effect on the date the demand for <br /> arbitration is <br /> made or, at the option of the Insured , the Rules in effect at Date of Policy shall be binding upon the parties <br />. The award may i <br /> include attorneys' fees only if the laws of the state in which the Land is located permit a court to award attorneys' <br /> fees to a <br /> prevailing party . Judgment upon the award rendered by the Arbitrator(s) may be entered in any court <br />having jurisdiction <br /> thereof. <br /> The law of the situs of the land shall apply to an arbitration under the Title Insurance Arbitration Rules . <br /> A copy of the Rules may be obtained from the Company upon request. <br /> 15. LIABILITY LIMITED TO THIS POLICY; POLICY ENTIRE CONTRACT <br /> (a) This policy together with all endorsements , if any , attached to it by the Company is the entire policy and <br />contract <br /> between the Insured and the Company . In interpreting any provision of this policy , this policy shall <br /> be <br /> construed as a whole . <br /> (b) Any claim of loss or damage that arises out of the status of the Title or by any action asserting such claim whether <br /> or not based on negligence shall be restricted to this policy . <br /> (c) Any amendment of or endorsement to this policy must be in writing and authenticated by an authorized person , or <br /> expressly incorporated by Schedule A of this policy . <br /> i <br /> (d ) Each endorsement to this policy issued at any time is made a part of this policy and is subject to <br /> all of its terms <br /> and provisions . Except as the endorsement expressly states , it does not (i) modify any of the terms and provisions <br /> of the policy, ( ii) modify any prior endorsement, ( iii) extend the Date of Policy , or ( iv) increase <br /> the Amount of <br /> Insurance. <br /> i <br /> . 16 . SEVERABILITY <br /> In the event any provision of this policy, in whole or in part , is held invalid or unenforceable under applicable <br /> law, the policy <br /> shall be deemed not to include that provision or such part held to be invalid , but all other provisions shall remain <br /> in full force <br /> and effect. <br /> 17 . CHOICE OF LAW ; FORUM <br /> (a) Choice of Law: The Insured acknowledges the Company has underwritten the risks covered by this policy and <br /> determined the premium charged therefor in reliance upon the law affecting interests in real property <br /> _ and <br /> applicable to the interpretation , rights , remedies , or enforcement of policies of title insurance of the jurisdiction <br /> where the Land is located . <br /> Therefore , the court or an arbitrator shall apply the law of the jurisdiction where the Land is located to determine <br /> the validity of claims against the Title that are adverse to the Insured and to interpret and enforce the terms of <br /> this <br /> policy. In neither case shall the court or arbitrator apply its conflicts of law principles to determine the applicable <br /> law. <br /> (b) Choice of Forum : Any litigation or other proceeding brought by the Insured against the Company must be filed <br /> only in a state or federal court within the United States of America or its territories having appropriate jurisdiction . <br /> 18 . NOTICES , WHERE SENT <br /> Any notice of claim and any other notice or statement in writing required to be given to the Company under this policy must <br /> be <br /> given to the Company at Commonwealth Land Title Insurance Company, Attn . Claims Department, P . O . Box <br /> 45023 , <br /> Jacksonville , FL 32232-5023 . <br /> ALTA Owner's Policy (6/17/06) <br /> 8130609 8 of 8 (with Florida Modifications) <br /> Copyright American Land Title Association. All rights reserved. The use of this Form is restricted to ALTA licensees and ALTA <br /> members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title <br /> Association •c�k <br />