DESIGNATION OF TITLE INSURANCE AGENT AUTHORITY
Pursuant to the Nebraska Security Instrument Satisfaction Act, §___________, Revised Statutes of Nebraska, STEWART TITLE GUARANTY COMPANY (“Insurer”), a title insurer authorized to transact the business of insuring titles to interests in real property in the State of Nebraska, hereby grants to ___________________________, (“Agent”) authority to execute and record Certificates of Satisfaction, as provided by said Act, so long as said Agent fully complies, in all respects, with the provisions of said Act.
This designation of authority does not extend to the agent’s negligence, gross or otherwise; or the agent’s deliberate act of fraud, omission, or misrepresentation, malfeasance or misfeasance; or any other wrongful acts on the part of the agent that give rise to liability under the Act.
This Designation of Title Insurance Agent Authority shall continue until a revocation of the designation is recorded in the county where this designation of authority was recorded.
The undersigned Agent hereby consents to and accepts the terms of the within and foregoing Designation of Title Insurance Agent Authority, and agrees to comply, in all respects, with the provisions of the Nebraska Security Instrument Satisfaction Act, and acknowledges that Agent shall indemnify Insurer against loss arising from any failure to so comply.
STEWART TITLE GUARANTY COMPANY
STATE OF ____________ __________)
COUNTY OF ____________________ )
The foregoing Designation of Title Insurance Agent Authority was acknowledged before me this ____ day of ________, 20___, by __________________, known to me to be the ______________ of STEWART TITLE GUARANTY COMPANY
STATE OF _____________________)
COUNTY OF ___________________)
The foregoing Designation of Title Insurance Agent Authority was acknowledged before me this ____ day of _____________, 20___, by ____________________, known to me to be the _______________, of ____________________, Agent.
No guidelines are available for this form at this time.