NOW, THEREFORE, in consideration of Stewart issuing its policy(ies) of title insurance or “marked up” commitment(s) as of the date of recording of the Closing Documents without taking exception to matters which may arise during the Gap Period, the undersigned agrees to: (1) promptly remove, release, bond or otherwise dispose of, to the satisfaction of Stewart, in its sole discretion, all liens, encumbrances or other objectionable matters filed or recorded against the Premises during the Gap Period, and (2) indemnify, defend and hold Stewart harmless against all claims, costs, losses, liabilities, damages and expenses, including without limitation, attorney’s fees and expenses, arising out of or relating to all such matters and the failure to promptly remove, release, bond or otherwise dispose of them, to the satisfaction of Stewart, in its sole discretion.
Executed this _____ day of _____________ 20 ____
Indemnitor(s):
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Sign Name
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Print Name
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Sign Name
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Print Name
(Acknowledgment)
Sworn to before me this ___ day of ___________, 20 ___.
Notary Public
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