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(c) No claim for damages shall arise or be maintainable under this guarantee (1) if the Company after having <br />received notice of an alleged defect, lien or encumbrance not shown as an Exception or excluded herein, <br />removes such defect, lien or encumbrance within a reasonable time after receipt of such notice, or (2) for <br />liability voluntarily assumed by the Assured in settling any claim or suit without written consent of the <br />Company. <br />(d) All payments under this Guarantee, except for attorneys' fees as provided for in paragraph 6(b) hereof, shall <br />reduce the amount of the liability hereunder pro tanto, and no payment shall be made without producing this <br />Guarantee for endorsement of such payment unless the Guarantee be lost or destroyed, in which case proof of <br />such loss or destruction shall be furnished to the satisfaction of the Company. <br />(e) When liability has been definitely fixed in accordance with the conditions of this Guarantee, the loss or <br />damage shall be payable within thirty days thereafter. <br />7. SUBROGATION UPON PAYMENT OR SETTLEMENT <br />Whenever the Company shall have settled a claim under this Guarantee, all right of subrogation shall vest in the <br />Company unaffected by any act of the Assured, and it shall be subrogated to and be entitled to all rights and <br />remedies which the Assured would have had against any person or property in respect to such claim had this <br />Guarantee not been issued. If the payment does not cover the loss of the Assured, the company shall be <br />subrogated to such rights and remedies in the proportion which said payment bears to the amount of said loss. <br />The Assured if requested by the Company, shall transfer to the Company all rights and remedies against any <br />person or property necessary in order to perfect such right of subrogation, and shall permit the Company to use <br />the name of the Assured in any transaction or litigation involving such rights or remedies. <br />8. GUARANTEE ENTIRE CONTRACT <br />Any action or actions or rights of action that the Assured may have or may bring against the Company arising out <br />of the subject matter hereof must be based on the provisions of this Guarantee. <br />No provision or condition of this Guarantee can be waived or changed except by a writing endorsed or attached <br />hereto signed by the President, a Vice President, the Secretary, an Assistant Secretary or other validating officer <br />of the Company. <br />9. NOTICES, WHERE SENT <br />All notices required to be given the Company and any statement in writing required to be furnished the Company <br />shall include the number of this Guarantee and shall be addressed to the Company at: Westcor Land Title Insurance <br />Company, Attn: Claims, 875 Concourse Parkway South, Suite 200 Maitland, FL 32751. Telephone (866) 629- <br />5842. <br />10. FEE <br />The fee specified on Schedule A of this Guarantee is the total fee for title search and examination and for this <br />Guarantee. <br />