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8 <br /> <br />15. REMEDIES <br />Upon any default in or breach of this Agreement by either Party, the defaulting Party will proceed <br />immediately to cure or remedy such default within thirty (30) days after receipt of written notice <br />of such default or breach from the non-defaulting Party, or, if the nature of the default or breach is <br />such that it cannot be cured within thirty (30) days, the defaulting Party will diligently pursue and <br />prosecute to completion an appropriate cure within a reasonable time. In the event of a default or <br />breach that remains uncured for longer than the period stated in the foregoing sentence, the non - <br />defaulting Party may terminate this Agreement, commence legal proceedings, including an action <br />for specific performance, or pursue any other remedy available at law or in equity. All the Parties’ <br />respective rights and remedies concerning this Agreement and the Property are cumulative. <br />Notwithstanding the foregoing, upon a default by Seller, Buyer’s remedies shall be limited to <br />termination of this Agreement and recovery of the Earnest Money Deposit, and Seller shall have <br />no further liability to Buyer. <br />16. COMMISSIONS <br />The Parties mutually acknowledge and warrant to one another that neither Buyer nor Seller is <br />represented by any broker in connection with the transaction contemplated in this Agreement. <br />Buyer and Seller agree to indemnify and hold harmless one another from any claim for <br />commissions in connection with the transaction contemplated in this Agreement. <br />17. INDEMNITY <br />Each Party shall indemnify, save harmless, and defend the other Party from and against any and <br />all liabilities, claims, damages, losses, penalties, forfeitures, suits, and the costs and expenses <br />incident thereto (including reasonable attorneys’ fees and the costs of defense and settlement), but <br />only to the extent arising out of such Party’s breach of this Agreement or such Party’s negligent <br />acts or omissions. This indemnity applies only to third-party claims and shall survive Closing. <br />18. INTERPRETATION; APPLICABLE LAW <br />As both Parties have participated fully and equally in the negotiation and preparation of this <br />Agreement, this Agreement shall not be more strictly construed, nor shall any ambiguities in this <br />Agreement be presumptively resolved, against either Party. Each Party acknowledges that it has <br />had the opportunity to consult with independent legal counsel regarding this Agreement. This <br />Agreement shall be interpreted and enforced according to the laws of the State of Indiana. <br />19. DISPUTE RESOLUTION; WAIVER OF JURY TRIAL <br />Any action to enforce the terms or conditions of this Agreement or otherwise concerning a dispute <br />under this Agreement will be commenced in the courts of St. Joseph County, Indiana, unless the <br />Parties mutually agree to an alternative method of dispute resolution. The Parties acknowledge <br />that disputes arising under this Agreement are likely to be complex and they desire to streamline <br />and minimize the cost of resolving such disputes. In any legal proceeding, each Party irrevocably <br />waives the right to trial by jury in any action, counterclaim, dispute, or proceeding based upon, or <br />related to, the subject matter of this Agreement. This waiver applies to all claims against all parties