DEFENSEAND PROSECUTION OF ACTIONS
<br />(a) Upon written request by the Insured, and subject to thc options contained in Section 7 of these Conditions, the Company, at its own cost
<br />and withoutunreasonable delay, shall provide for the defense of an Insured in litigation in which any third party asserts a claim covered
<br />by this policy adverse to the insured. This obligation is Limited to only those stated causes of action alleging matters insured against by
<br />this policy. The Company shall have the right to select counsel of its choice (subject to the right of the Insured to object for reasonable
<br />cause) to represent rhe Insured as to those stated causes ()faction. it shall not he liable for and will not pay the fees of any other counsel.
<br />The Company will not pay any fees, costs, or expenses incurred by the insured in the defense of those causes of action that allege matters
<br />not insured against by this policy.
<br />(b) The Company shall have the right, in addition to the options contained in Section 7 of these Conditions, at its own cost, to institute and
<br />prosecute any action or proceeding or to do any other act that in its opinion may be necessary or desirable to establish the Title, as
<br />insured, or to prevent or reduce loss or damage to the Insured. The Company may take any appropriate action under the terms of this
<br />policy, whether or not it shall be liable to the Insured. The exercise of these rights shall not be an admission of liability or waiver of any
<br />provision of this policy. If the Company exercises its rights under this subsection, it must do so diligently.
<br />(c) Whenever the Company brings an action or asserts a defense as required orpermitted bythis policy, the Company may pursue the litigation
<br />to a final determination by a court of competent jurisdiction, and it expressly reserves the right, in its sole discretion, to appeal any
<br />adverse judgment or order
<br />6. DUTY OF INSURED CLAIMANT TO COOPERATE
<br />(a) In all cases where this policy permits or requires the Company to prosecute or provide for thc defense of any action or proceeding and
<br />any appeals, the Insured shall secure to the Company the right to so prosecute or provide defense in the action or proceeding, including
<br />the right to use, at its option, the name of the Insured for this purpose. Whenever requested by the Company, the Insured, at the Company's
<br />expense, shall give the Company all reasonable aid (i) in securing evidence, obtainingwiunesses, prosecuting or defending the action or
<br />proceeding, or effecting settlement, and (ii) in any other lawful act that in the opinion of the Company may be necessary or desirable
<br />to establish the Title or any other matter as insured. If the Company is prejudiced by the failure of the Insured to furnish the required
<br />cooperation, the Company's obligations to the Insured under the policy shall terminate, including any liability or obligation to defend,
<br />prosecute, or continue any litigation, with regard to the matter or matters requiring such cooperation.
<br />(b) The Company may reasonably require the Insured Claimant to submit to examination under oath by any authorized representative of
<br />the Company and to produce for examination, inspection, and copying, at such reasonable times and places as may be designated by
<br />the authorized representative of the Company, all records, in whatever medium maintained, including books, ledgers, checks,
<br />memoranda, correspondence, reports, e-mails, disks, tapes, and videos whether bearing a date before or after Date of Policy, that
<br />reasonably pertain to the loss or damage. Further, if requested by any authorized representative of the Company, the Insured Claimant
<br />shall grant its permission, in writing, for any authorized representative of the Company to examine, inspect, and copy all of these records
<br />in the custody or control of a third party that reasonably pertain to the loss or damage. All information designated as confidential by
<br />the lnsured Claimant provided to the Company pursuant to this Section shall not be disclosed to others unless, in the reasonable judgment
<br />of the Company, it is necessary in the administration of the claim. Failure of the Insured Claimant to submit forexamination under oath,
<br />produce any reasonably requested information, or grant permission to secure reasonably necessary information from third parties as
<br />required in this subsection, unless prohibited by law or governmental regulation, shall terminate any liability of the Company under this
<br />policy as to that claim.
<br />7. OPTIONS TO PAY OR OTHERWISE SE 1"I'LE CLAIMS; TERMINATION OF LIABILITY
<br />In case of a claim under this policy, the Company shall have the following additional options:
<br />(a) To Pay or Tender Payment of the Amount of Insurance.
<br />To pay or tender payment of the Amount of Insurance tinder this policy together with any costs, attorneys' fees, and expenses incurred
<br />by the Insured Claimant that were authorized by the Company tip to the time of payment or tender of payment and that the Company
<br />is obligated to pay.
<br />Upon the exercise by the Company oft his option, all liability and obligations of the Coinpany to the Insured under this policy, other than
<br />to snake the payment required in this subsection, shall terminate, including any liability or obligation to defend, prosecute, or continue
<br />anylitigation.
<br />(b) To Pay or Otherwise Settle With Parties Other Than the Insured or With the Insured Claimant.
<br />(i) to pay or otherwise settle with other parties for or in the name of an Insured Claimant any claim insured against under this policy.
<br />In addition, the Company will pay any costs, attorneys' fees, and expenses incurred by the Insured Claimant that were authorized
<br />by the Company up to the time of payment and that the Company is obligated to pay; or
<br />(ii) to pay or otherwise settle with the Insured Claimant the loss or damage provided for under this policy, together with any costs,
<br />attorneys' fees, and expenses incurred by the insured Claimant that were authorized by the Company up to the time of payment
<br />and that the Company is obligated to pay.
<br />Upon the exercise by the Company of either of the options provided for in subsections (b) (i) or (ii), the Company's obligations to the
<br />Insured under this policy for the claimed loss or damage, other than the payments required to he made, shalt terminate, including any
<br />liability or obligation to defend, prosecute, or continue any litigation.
<br />& DE 1 LRMINATION AND EXTENT OF LIABILITY
<br />This policy is a contract of indemnity against actual monetary loss or damage sustained or incurred by the Insured Claimant who has
<br />suffered loss or damage by reason of matters insured against by this policy
<br />(a) The extent of liability of the Company for loss or damage under this policy shall not exceed the lesser of
<br />(i) the Amount of insurance; or
<br />(ii) the difference between the value of the Title as insured and the value of the Title subject to the risk insured against by this policy.
<br />(h) If the Company pursues its rights under Section 5 of these Conditions and is unsuccessful in establishing the Title, as insured,
<br />FORM OF6 (rev. 12/10)(With Florida Modifications) 4 of 6
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