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<br /> <br /> <br /> 200901647 <br /> <br /> the release of such results to prospective bidders at a foreclosure sale of the Mortgaged Property <br /> may have a material and adverse effect upon the amount which a party may bid at such sale. <br /> Borrower agrees that Lender shall have no liability whatsoever as a result of delivering the <br /> results of any of its Environmental Inspections to any third party, and Borrower hereby releases <br /> and forever discharges Lender from any and all claims, damages, or causes of action, arising out <br /> of, connected with or incidental to the results of, the delivery of any of Lender's Environmental <br /> Inspections. <br /> (h) If any investigation, site monitoring, containment, clean-up, restoration or other <br /> remedial work ("Remedial Work") is necessary to comply with any Hazardous Materials Law <br /> or order of any Governmental Authority that has or acquires jurisdiction over the Mortgaged <br /> Property or the use, operation or improvement of the Mortgaged Property under any Hazardous <br /> Materials Law, Borrower shall, by the earlier of (1) the applicable deadline required by <br /> Hazardous Materials Law or (2) 30 days after notice from Lender demanding such action, begin <br /> performing the Remedial Work, and thereafter diligently prosecute it to completion, and shall in <br /> any event complete the work by the time required by applicable Hazardous Materials Law. If <br /> Borrower fails to begin on a timely basis or diligently prosecute any required Remedial Work, <br /> Lender may, at its option, cause the Remedial Work to be completed, in which case Borrower <br /> shall reimburse Lender on demand for the cost of doing so. Any reimbursement due from <br /> Borrower to Lender shall become part of the Indebtedness as provided in Section 12. <br /> (i) Borrower shall cooperate with any inquiry by any Governmental Authority and <br /> shall comply with any governmental or judicial order which arises from any alleged Prohibited <br /> Activity or Condition. <br /> 0) Borrower shall indemnify, hold harmless and defend (i) Lender, (ii) any prior <br /> owner or holder of the Note, (iii) the Loan Servicer, (iv) any prior Loan Servicer, (v) the officers, <br /> directors, shareholders, partners, employees and trustees of any of the foregoing, and (vi) the <br /> heirs, legal representatives, successors and assigns of each of the foregoing (collectively, the <br /> "Indemnitees") from and against all proceedings, claims, damages, penalties and costs (whether <br /> initiated or sought by Governmental Authorities or private parties), including fees and out-of- <br /> pocket expenses of attorneys and expert witnesses, investigatory fees, and remediation costs, <br /> whether incurred in connection with any judicial or administrative process or otherwise, arising <br /> directly or indirectly from any of the following: <br /> (1) any breach of any representation or warranty of Borrower in this <br /> Section 18; <br /> (2) any failure by Borrower to perform any of its obligations under this <br /> Section 18; <br /> (3) the existence or alleged existence of any Prohibited Activity or Condition; <br /> (4) the presence or alleged presence of Hazardous Materials on or under the <br /> Mortgaged Property or any property of Borrower that is adjacent to the <br /> Mortgaged Property; and <br /> <br /> (5) the actual or alleged violation of any Hazardous Materials Law. <br /> (k) Counsel selected by Borrower to defend Indemnitees shall be subject to the <br /> approval of those Indemnitees. However, any Indemnitee may elect to defend any claim or legal <br /> or administrative proceeding at the Borrower's expense. <br /> FANNIE MAE MULTIFAMILY SECURITY INSTRUMENT - Form 4028 11/01 Page 18 <br /> NEBRASKA <br /> © 1997-2001 Fannie Mae <br />