Laserfiche WebLink
2� 1 ���435 <br /> �f Borrower with respect to Prohibited Act�vities or Condit�ons: <br /> ��} any breach of any representation or Warranty of Borrower in this Section <br /> 4$; <br /> �u� any failure by Borrower to perfarm or c�mply with any of its ob�igatians <br /> under this Section 48; <br /> �iii} the existence or a11eg�� exist�nce of any Prohibited Activiti�s or <br /> ��ndit�ons; <br /> (iv} the actual or alleged v�o�ation�f any Hazardaus Materia�s Law. <br /> (1} Counsel selected by B�rrower to defend Indemnitees shall be subj�ct to th� <br /> appro�al of those Indemnitees. Howe�er, any Indemnitee may elect to defend any claim or lega� <br /> or administrat�ve proceeding at BarroWer's expense. <br /> (m} Borrower shall not, w�thout the prior writt�n con�ent�f thos� Indemnitees who <br /> are named as parties ta a claim or�egal �r admin�strative proeeeding ("�laim"}, settle or <br /> c�mprom�se the �laim if the settiement (1� results in the entry of any judgment that does not <br /> xnc�ude as an unc�nditiona�term the delivery by the clazmant ar piaintiff to Lender of a wr�tten <br /> releas� of those Indemnitees, satisfactory �n farm and substance to Lender; or �2� may materia�ly <br /> and adverse�y affect Lender, as d�termined by Lender in its discret�on. <br /> (n� Borrower's abl�gation to indemnify the Indemn�tees sha�l nat be limited or <br /> �mpa�red by any of the fo��owing, or by any fai�ure of B�rrower or any guarantor ta r�ceive <br /> Notice of or cansideration for any�f the fo��owing: <br /> �1� any amendment or mod�f�cati�n af any Loan Document; <br /> �2} any ext�nsians of time for performance required by any Loan Document; <br /> (3� the accuracy or inac�uracy af any representations and warranties made by <br /> Borrower under this Security Instrument or any other Loan I]ocument; <br /> �4� the release of Borrower�r any�th�r person, by Lender or by nperation of <br /> laW, from performance of any ohligation under any L�an I]ocument; <br /> (S� the release or substitut�on in who�e �r in part of any secur�ty f�r the <br /> Indebtedness; and <br /> �G} Lender's failure to properiy perfect any lien�r secur�ty inter�st <br /> given as security for the Indebtedness. <br /> (o} Borrower shall, at its �wn cost and expens�, do al� of the fol��wing: <br /> Pr�vious�ersions o�solete Page 39 form HUD-9400�-�RCF ��fi1��14} <br />