Limitation on Liability of Participating Lending Institution. Except as provided otherwise herein or in the Program Documents, including but not limited to Section and Article VII hereof, neither the Participating Lending Institution nor any director, officer, employee or agent of the Participating Lending Institution shall be under any liability to the Servicer, the Trustee, the Compliance Agent or the owners of any Bonds for any action taken or for refraining from the taking of any action in good faith pursuant to this Mortgage Origination Agreement, or for errors in judgment. The Participating Lending Institution may, in its discretion, undertake such action it may deem necessary or desirable with respect to this Mortgage Origination Agreement and the rights and duties of the parties hereto and the interests of the owners of the Bonds. In such event, the legal expenses and costs of such action shall be the sole responsibility of the Participating Lending Institution.
