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'} i C ? f " t <br /> I : . .� ill . <br /> 19 . WAIVERS : <br /> a. As a material part of the consideration to be received by Seller under the Addendum as negotiated and agreed <br /> to by Buyer and Seller, Buyer waives the following: <br /> i . All rights to file and maintain an action against Seller for specific performance and any right to <br /> record a Its pendens against the property or to record or file the Addendum, tills Addendum or any <br /> memorandum thereof in the official real property records; <br /> ii . Any and all claims arising from the adjustments or pro -rations or errors in calculating the same that <br /> are or may be discovered after closing and funding, <br /> Ili . Any remedy of any kind, other than as expressly provided in this Addendum , to which Buyer might <br /> otherwise be entitled by la%v or in equity, whether based on mutual mistake of fact or law or <br /> otherwise; <br /> iv . Any right to trial by jury, except as waiver thereof is proluibited by law , in any litigation arising from , <br /> or connected with or related to the Addendum; <br /> v. Any claim for loss or damage, including, without limitation, indirect, special or consequential loss or <br /> damage arising from, based upon , due to or otherwise related to : <br /> 1 . Environmental conditions affecting the property, including but not limited to mold, lead <br /> paint, fuel oil , allergens or other toxic substances of any kind; <br /> 2 . Encroachments , easements, shortages in area or awry other matter which would be disclosed <br /> or revealed by a survey or inspection of the property or search of public records . <br /> In the event Buyer breaches any of the provisions described or contemplated under this Section, and a court <br /> finds that Buyers legal action is without merit, Buyer shall pay all reasonable attorneys ' fees and costs <br /> incurred by Seller in defending such action . Amount shall be in addition to any liquidated damages held or <br /> recovered pursuant to Section 1 of this Addendum . Tire provisions of this Section shall survive the <br /> closing/fuunding or termination of this Addendum . <br /> 20 , REMEDIES FOR DEFAULT : <br /> a . In the event of Buyer ' s default, material breach or misrepresentation of any fact under the terurrs of the <br /> Addendum, Seller, at its option, may terminate the Addendum and retain the Earliest Money and any other <br /> funds paid by Buyer as liquidated damages . Seller may also invoke any other remedy expressly set forth iu <br /> the Addendum (or allowed by law) . Seller is automatically released from the obligation to sell the Property to <br /> Buyer. Neither Seller nor its representatives, agents, attorneys, successors or assigns shall be liable to Buyer <br /> for any damages of any kind because of Seller ' s failure to sell and convey the Property. Buyer acknowledges <br /> and agrees that by signing this Addendum, Seller shall have the right to retain or seek the release of the <br /> earnest money under this section, without any further action, consent or document from Buyer. <br /> b. Buyer acknowledges that in the event of termination of the Addendum except for (Buyer' s breach), return of <br /> Buyer' s Earliest Money will adequately and fairly compensates Buyer. Upon return of the Earnest Money to <br /> Buyer, the Addendum shall be terminated , and Buyer and Seller shall have no further liability, obligation , or <br /> responsibility to each othe . Buyer agrees that Seller shall not be liable to Buyer for any speci <br /> ral , <br /> consequential or punitive damages whatsoever, whether in Addendum, tort (including negligence and strict <br /> liability) or any other legal or equitable principle. <br /> 21 , INDEMNIFICATION : <br /> a . Buyer agrees to indemnify and firlly protect, defend and hold Seller, its officers, directors, employees, <br /> shareholders, servicers, representatives, agents, attorneys, tenants, brokers, successors and assigns harmless <br /> from and against any and all claims, costs, liens, loss, damages, attorneys ' fees and expenses of every kind <br /> and nature that may be sustained by or made against Seller, its officers, directors, employees, shareholders, <br /> servicers, representatives , agents, attorneys, tenants, brokers, successors or assigns, resulting from or arising <br /> out of: <br /> IInspections or repairs made by Buyer or its agents, employees, contractors, successors or assigns ; <br /> ii. posed by any governmental entity resulting from Buyer ' s <br /> The imposition of any fine or penalty im <br /> failure to timely obtain any permits, approvals, repairs or inspections or to comply with all applicable <br /> laws, rules, ordinances and regulations ; <br /> Buyer and Seller acknowledge receipt of a copy of this page, witich constitutes Page 9of 11 pages . 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