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201302395 <br />(1) pay or satisfy any judgment or decree that may be entered against any <br />Indemnitee or Indemnitees in any legal or administrative proceeding incident to any <br />matters against which Indemnitees are entitled to be indemnified under this <br />Section 48; <br />(2) reimburse Indemnitees for any expenses paid or incurred in <br />connection with any matters against which Indemnitees are entitled to be <br />indemnified under this Section 48; and <br />(3) reimburse Indemnitees for any and all expenses, including fees and <br />out -of- pocket expenses of attorneys and expert witnesses, paid or incurred in <br />connection with the enforcement by Indemnitees of their rights under this <br />Section 48, or in monitoring and participating in any legal (including appellate) or <br />administrative proceeding. <br />(p) In any circumstances in which the indemnity under this Section 48 applies, <br />Lender may employ its own legal counsel and consultants to prosecute, defend or <br />negotiate any claim or legal or administrative proceeding and Lender, with the prior written <br />consent of Borrower (which shall not be unreasonably withheld, delayed or conditioned), <br />may settle or compromise any action or legal or administrative proceeding. Borrower shall <br />reimburse Lender upon demand for all costs and expenses incurred by Lender, including <br />all costs of settlements entered into in good faith, and the fees and out of pocket expenses <br />of such attorneys (including but not limited to appellate litigation) and consultants. <br />(q) The provisions of this Section 48 shall be in addition to any and all other <br />obligations and liabilities that Borrower may have under applicable law or under other Loan <br />Documents, and each Indemnitee shall be entitled to indemnification under this Section 48 <br />without regard to whether Lender or that Indemnitee has exercised any rights against the <br />Mortgaged Property or any other security, pursued any rights against any guarantor, or <br />pursued any other rights available under the Loan Documents or applicable law. If <br />Borrower consists of more than one entity, the obligation of those entities to indemnify the <br />Indemnitees under this Section 48 shall be joint and several. The obligation of Borrower <br />to indemnify the Indemnitees under this Section 48 shall survive any repayment or <br />discharge of the Indebtedness, any foreclosure proceeding, any foreclosure sale, any <br />delivery of any deed in lieu of foreclosure, and any release of record of the lien of this <br />Security Instrument. Notwithstanding anything in Section 48 to the contrary, so long as the <br />Loan is insured or held by HUD, indemnification costs and reimbursements to Lender or <br />to any or all Indemnitees shall be paid only from the available proceeds of an appropriate <br />insurance policy or from Surplus Cash or other escrow accounts. <br />(r) So long as the Loan is insured or held by HUD, all references to Lender in <br />this Section 48 shall also be construed to refer to HUD as its interest appears (solely as <br />determined by HUD) and all notifications to Lender must also be made to HUD and all <br />Lender approvals and exercises of discretion by Lender under this Section 48 must first <br />Previous editions are obsolete <br />Contingent Repayment Mortgage <br />HUD MF Security Instrument HUD- 94000M (Rev. 04/11) <br />Page 43 FRENCH VILLAGE <br />