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2000-266E
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40 <br />C3 <br />0 <br />SECTION 7. , INDEMNITY. <br />(A) Each of the Parties hereby jointly and severally agree to save harmless, indemnify and <br />defend (with counsel chosen by Agent) Agent for, from and against any loss, damage, liability, judgmen% <br />cost and expense whatsoever, including reasonable attorneys' fees (eitherpaid to retained attorneys or the <br />fair value of services rendered to itself), suffered or incurred by it, by reason of, or on account of; any <br />misrepresentation made to it or its status or activities as Agent under this Document Escrow Agreement, <br />except for any loss, damage, liability, judgment, cost or expense resulting from negligence or willful <br />misconduct on the part of Agent. <br />(B) Agent shall not be required to defend any legal proceeding; which may be instituted against <br />it in respect of the subject matter of this Document Escruw Agreement unless requested to do so by all the <br />Parties and indemnified to Agent's satisfaction against the cost and expense of such defense. tf any such <br />legal proceeding is instituted against it, Agent agrees promptly to give notice of such proceeding to the <br />Parties. Agent shall not be required to institute legal proceedings of any kind. <br />SECTION 8. LIABILITY, DUTIES AND RESPONSIBILITY OF AGENT. <br />(A) Agent undertakes to perform only such duties as are expressly set forth in this Document <br />Escrow Agreement. Agent shall not be deemed to have any implied duties or obligations under or related <br />to this Document Escrow Agreement. <br />(B) Agent may (i) act in reliance upon any writing or instrument orsignature which it, in goad <br />faith, believes to be genuine; (ii) assume the validity and accuracy of any statement or assertion contained <br />in such a writing or instrument; and (iii) assume that any person purporting to grvc any wnting, notice. advice <br />or instructions in connection with the provisions of this Document Escrow Agreement has been duly <br />authorized to do so. Agent shall not be liable in any ntanncr for the suff icicncy or corrections as to form. <br />maturer of execution, or validity of any instrument deposited in escrow, nor as to the identity, authority, or <br />right of any person executing any instrument. <br />(C) It is acknowledged that Agent is counsel for the County It is agreed that Agent shall not <br />be disabled or disqualified from representing the Counry, its officers. directors, employees or agents in <br />connection with any dispute or litigation which may arise out of or in connection with this Document Escrow <br />Agreement or the transactions contemplated by the Escrow Docurrtcnis as a restdt of Agent acting as Agent <br />under tim Document Escrow Agreement and the other Panics hereto waive any claim or right to assert a <br />conflict of interest arising out of or in connection with the foregoing. <br />
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