14-20 Cedar Glen Bond Ordinance Addendums

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Section 19.14 Brokers. Borrower hereby represents to MBI that it has not dealt with or engaged the services of any broker, underwriter, placement agent, or finder in connection with the Loan. Borrower hereby agrees to indemnify and hold MBI harmless from and against any and all claims, liabilities, losses, costs and expenses of any kind in any way relating to or arising from a claim by any party that such party acted on behalf of Borrower in connection with the Loan and is owed a fee or commission. Section 19.15 Survival of Indemnities. All indemnities from Borrower to MBI set forth in this Agreement shall survive this Agreement. Section 19.16 Invalidity of any Provision. It is the intent of this Agreement to confer to MBI the rights and benefits hereunder to the full extent allowable by law. If any provision (or a portion thereof) of this Agreement or of any other document executed in connection herewith is held invalid or unenforceable or the application thereof to any person or circumstance shall to any extent be invalid or unenforceable (each such provision, or applicable portion thereof, is herein referred to as an "Invalid Provision"), then(i)the remainder of this Agreement, or the application of such Invalid Provision to any other person or circumstance, shall be valid and enforceable to the fullest extent permitted by law, (ii)the Invalid Provision shall be deemed to be severable in such instance, and (iii) Borrower and MBI shall negotiate an equitable adjustment in the provisions of the same in order to effect, to the maximum extent permitted by law,the purpose of this Agreement. Section 19.17 Authorization To Complete Blanks. In the event Borrower executes and delivers this Agreement or any other Loan Documents to MBI with any blank incomplete, Borrower authorizes MBI or its agents to complete any such open blanks, including without limitation any blanks relating to the effective date of any such Loan Documents, the maturity date of the Note, the address of any party to the Loan Document or the effective date of any other document referenced herein or therein. Section 19.18 Additional Actions. Upon the request from time to time of MBI, Borrower shall execute and deliver such additional instruments, documents and agreements and shall take such further actions as may be reasonably requested by MBI to effectuate the transactions contemplated by this Agreement. Section 19.19 Participants. MBI may transfer participation interests in the Bonds to other financial institutions without notice or consent by Borrower. Borrower agrees that MBI may deliver any and all information, including financial information, in MBI's possession concerning Borrower, Co- Makers or the Project,to any prospective participant. Section 19.20 No MBI Liability. To the extent permitted by applicable law, MBI shall have no liability to Borrower or any third party for any loss, damage, injury, cost or expense resulting from any action or omission by MBI, or any of its representatives, which was taken, omitted or made in good faith in connection with the Loan,this Agreement or any of the Loan Documents. Section 19.21 Joint and Several Obligations. The obligations, agreements and covenants of the persons or entities constituting Borrower hereunder are joint and several and unconditional. Section 19.22 Interpretation. The parties agree that the normal rule of construction to the effect that any ambiguities are to be resolved against the drafting party will not be employed in the interpretation of this Agreement or any amendments or schedules hereto. All references herein to a party's best knowledge shall be deemed to mean the best knowledge of such party based on a commercially reasonable inquiry. Unless specified to the contrary herein, all references herein to an exercise of discretion or judgment by MBI, to the making of a determination or designation by MBI, to Page 66