File No.: ACKNOWLEDGMENTS AND HOLD HARMLESS AGREEMENTS SETTLEMENT STATEMENT ACKNOWLEDGMENT The undersigned acknowledge that they have checked, reviewed and approved the figures appearing on the settlement statement and settlement disbursement record, and that such figures correctly reflect all the terms of this transaction. The undersigned forever release and hold harmless Lender, its successors and/or assigns, and (Settlement Agent) and/or any of their agents from any and all liability or responsibility with respect to errors or omissions in said settlement statement and/or settlement disbursement record. SETTLEMENT AGENT REPRESENTATION (Settlement Agent) represents only the Seller and buyer acknowledge that Lender in this transaction and all services performed by said Settlement Agent including but not limited to the title examination were so performed on behalf of the Lender only. The seller and buyer are advised to retain their own independent legal counsel. CONTRACT SATISFACTION The undersigned certify that all terms, conditions or repairs set forth in or required by the Purchase Contract or any amendments thereto have been completed and fulfilled to their satisfaction and further agree to hold harmless (Settlement Agent) and/or any of Lender, its successors and/or assigns, and their agents from any and all liability or responsibility with respect to the Purchase Contract or any amendments thereto. PROPERTY CONDITION The undersigned buyer states the he/she has examined the property and is satisfied with the condition of the property and agrees to hold harmless Lender, its successors and/or assigns, and (Settlement Agent) and/or any of their agents from any and all liability or responsibility with respect to the condition of the property. PRORATION OF TAXES Settlement Agent has handled the proration of taxes in this transaction as an accommodation to both seller and buyer. The proration of taxes was handled as provided for in the Purchase Contract or as agreed to by the parties. If the proration was based upon the current tax bill(s) information available at the County Courthouse and there is any future variance in the actual amount of the tax bill(s), such variance shall be handled between parties as provided in the Purchase Contract. The undersigned agree to hold harmless Lender, its successors and/or assigns, and (Settlement Agent) and/or any of their agents from any and all liability or responsibility for the handling of such proration of taxes and/or for any future variance in the actual amount of the tax bill(s). Taxes may not have been prorated in this transaction due to the current taxes not being separately assessed on the subject property. If this is the case, it is agreed that at such time as taxes are separately assessed on said property the proration of taxes will be handled between the parties as provided in the Purchase Contract and the undersigned agree to hold harmless Lender, its successors and/or assigns, and (Settlement Agent) and/or any of their agents from any and all liability or responsibility therefor. HOLD HARMLESS AGREEMENT Seller and buyer hereby forever release and hold harmless Lender, its successors and/or assigns, and (Settlement Agent) and/or any of their agents from any and all liability or responsibility with respect to any of the following items which are applicable to the subject property: a) assessments issued by any governmental or municipal body; b) assessments issued by condominium or planned unit development homeowners’ association; c) utility charges such as gas, electric, water, sewer, trash removal, etc.; d) building or zoning code regulations or violations; e) transfer of any personal property; f) transfer of security deposits and/or proration of rents; g) the actual location or proper mailing address of the property; h) environmental hazards; I) flood zone risks; j) eminent domain or condemnation proceedings; k) rights to file mechanic’s liens; l) current agricultural use tax recoupment and m) rights of parties or tenants in possession, if any. American LegalNet, Inc. www.FormsWorkflow.com