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201400400
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Last modified
8/19/2014 2:25:24 PM
Creation date
1/23/2014 3:16:30 PM
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DEEDS
Inst Number
201400400
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201400400 <br />to address matters raised in the Environmental Report and/or a "Phase I" or "Phase II" <br />assessment, (iv) subject to the terms of the Lease, access to the Mortgaged Property, by <br />Lender, its agents or servicer, to review and assess the environmental condition of the <br />Mortgaged Property and Borrower's compliance with any operations and maintenance <br />program, and (v) variation of the operations and maintenance program in response to <br />the reports provided by any such consultants. <br />(f) If any action shall be brought against Lender based upon any of the matters for which <br />Lender is indemnified under this paragraph 32, Lender shall notify Borrower in writing <br />thereof and Borrower shall, or shall cause Lessee to, promptly assume the defense <br />thereof, including, without limitation, the employment of counsel and the negotiation <br />of any settlement; provided, however, that any failure of Lender to notify Borrower of <br />such matter shall not impair or reduce the obligations of Borrower hereunder, except to <br />the extent that the defense of such action is prejudiced by such failure to notify. <br />Lender shall have the right, at Lender's expense, to employ separate counsel in any <br />such action and to participate in the defense thereof. In the event Borrower shall fail to <br />discharge or undertake to defend Lender against any claim, loss or liability for which <br />Lender is indemnified hereunder, Lender may, at its sole option and election, defend or <br />settle such claim, loss or liability. The liability of Borrower to Lender hereunder shall <br />be conclusively established by such settlement, provided such settlement is made in <br />good faith, the amount of such liability to include both the settlement consideration and <br />the costs and expenses, including, without limitation attorney's fees and disbursements, <br />incurred by Lender in effecting such settlement. In such event, such settlement <br />consideration, costs and expenses shall be included in costs described in subparagraph <br />(c) above, shall bear interest at the Default Rate, and Borrower shall pay the same as <br />provided in this paragraph 32. <br />33. Intentionally Omitted . <br />34. Handicapped Access. <br />(a) Subject to Lessee's rights of contest set forth in the Lease, Borrower agrees that the <br />Mortgaged Property shall at all times strictly comply, to the extent applicable, with the <br />requirements of the Americans with Disabilities Act of 1990, the Fair Housing <br />Amendments Act of 1988, all state and local laws and ordinances related to <br />handicapped access and all rules, regulations, and orders issued pursuant thereto <br />including, without limitation, the Americans with Disabilities Act Accessibility <br />Guidelines for Buildings and Facilities (collectively "Access Laws "). <br />(b) Notwithstanding any provisions set forth herein or in any other document regarding <br />Lender's approval of alterations of the Mortgaged Property, except for alterations <br />permitted and made in accordance with the terms of the Lease, Borrower shall not alter <br />or permit the Mortgaged Property to be altered in any manner which would increase <br />Borrower's responsibilities for compliance with the applicable Access Laws without <br />the prior written approval of Lender. Lender may condition any such approval upon <br />receipt of a certificate of Access Law compliance from an architect, engineer, or other <br />person acceptable to Lender. <br />- 58 - <br />
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