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201303289
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Last modified
12/31/2013 2:59:17 PM
Creation date
4/29/2013 12:27:37 PM
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DEEDS
Inst Number
201303289
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201303289 <br /> 41 <br /> (m) Borrower shall not, without the prior written consent of those Indemnitees <br /> who are named as parties to a claim or legal or administrative proceeding ("Claim"), <br /> settle or compromise the Claim if the settlement (1) results in the entry of any judgment <br /> that does not include as an unconditional term the delivery by the claimant or plaintiff to <br /> Lender of a written release of those Indemnitees, satisfactory in form and substance to <br /> Lender; or (2) may materially and adversely affect Lender, as determined by Lender in <br /> its discretion. <br /> (n) Borrower's obligation to indemnify the Indemnitees shall not be limited or <br /> impaired by any of the following, or by any failure of Borrower or any guarantor to <br /> receive Notice of or consideration for any of the following: <br /> (1) any amendment or modification of any Loan Document; <br /> (2) any extensions of time for performance required by any Loan <br /> Document; <br /> (3) the accuracy or inaccuracy of any representations and warranties <br /> made by Borrower under this Security Instrument or any other Loan <br /> Document; <br /> (4) the release of Borrower or any other person, by Lender or by <br /> operation of law, from performance of any obligation under any <br /> Loan Document; <br /> (5) the release or substitution in whole or in part of any security for the <br /> Indebtedness; and <br /> (6) Lender's failure to properly perfect any lien or security interest <br /> given as security for the Indebtedness. <br /> (o) Borrower shall, at its own cost and expense, do all of the following: <br /> (1) pay of sdli5(y ally judyiiierii or Lieu ee lhal may be etrieied ayaiiisl <br /> any Indemnitee or Indemnitees in any legal or administrative <br /> proceeding incident to any matters against which Indemnitees are <br /> entitled to be indemnified under this Section 48; <br /> (2) reimburse Indemnitees for any expenses paid or incurred in <br /> connection with any matters against which Indemnitees are entitled <br /> to be indemnified under this Section 48; and <br />
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