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AGREEMENT FOR WITHDRAWAL FROM PARTICIPATION IN NEIGHBORHOOD STABILIZATION PROGRAM Through this Agreement for Withdrawal from the Neighborhood Stabilization Program ( NSP ) entered into this 21st day of August , 2012 by and between Indian River County , a political subdivision of the State of Florida , whose address is 1801 27tH Street , Vero Beach , Florida 32960 , hereinafter referred to as County and the Indian River County Housing Authority , a body corporate and politic whose address is 1028 20th Place , Vero Beach , Florida 32960 , hereinafter referred to as Housing Authority , the County and the Housing Authority do agree to the terms as follows : WITNESSETH : WHEREAS , the County and the Housing Authority entered into an agreement dated March 22 , 2010 , for the Housing Authority to act as a subgrantee or subrecipient for the NSP ; and WHEREAS , the Housing Authority purchased eleven ( 11 ) properties that were rehabilitated and sold to qualifying participants of the NSP ; and WHEREAS , the County has acted as the grantee for the NSP by handling the financial responsibilities for purchase , rehabilitation and closing of the NSP properties and qualifying potential buyers of the properties ; and WHEREAS , in accordance with the NSP agreement dated March 22 , 2010 ( NSPA) , between the parties , the Housing Authority is lawfully exercising its right to withdraw from participation in the NSP and terminate the NSPA with the County ; and WHEREAS , the Housing Authority has three ( 3 ) properties titled in its name at the current time that will be conveyed to the County ; NOW THEREFORE , for good and sufficient exchange of consideration between the parties they agree as follows : 1 . The above recitations are true and correct and incorporated herein . 2 . Pursuant to the termination of the aforementioned NSPA , by and between the County as the Grantee and the Housing Authority as the Subgrantee or Subrecipient and subject to the limitations of Section 768 . 28 , Florida Statutes , the County agrees to indemnify and save and hold the IRCHA , its commissioners , officers , agents , contractors and employees harmless from any and all liabilities , claims , actions , damages , awards and /or judgments arising from , pursuant to or concerning in any way the requirements and /or obligations outlined in the Agreement , as a result of the acts or omissions of the County with respect to the NSP and NSPA , from the inception of the Agreement through the Agreement' s termination by the parties thereto . However , nothing contained 1