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6 Mounds View Loan Servicing Contract #3084 621273v5MU205-13 13. Taxes. Neither CEE nor Client shall be responsible to the other party for any taxes owed by such party, including, without limitation, any federal, state, or local income or franchise taxes or other taxes, imposed on or measured by income received by such party (or any interest or penalties with respect thereto or arising from a failure to comply therewith) that are required to be paid by such party in connection herewith to any taxing authority. 14. Reliance. CEE and Client, and any director, officer, employee, or agent of CEE or Client respectively, may rely on any document of any kind which it, in good faith, that party reasonably believes to be genuine and to have been adopted or signed by the proper authorities or persons respecting any matters arising hereunder. 15. Insurance During the term of this Agreement, CEE will obtain and maintain insurance in the amounts listed below: General Liability $2,000,000 Aggregate Limit Automobile Liability $1,000,000 Combined Single Limit Excess Liability $1,000,000 Aggregate Limit Professional Liability $1,000,000 Aggregate Limit Workers Compensation Statutory Limit 16. Limitation of Liability CEE’s role is strictly limited to the Services. Client will be solely responsible for making all decisions concerning the management of the Client Loans. At all times, Client will be responsible for the accuracy of all information provided to CEE, and CEE may rely on any document of any kind which it, in good faith, reasonably believes to be genuine and to have been adopted or signed by the proper authorities or persons respecting any matters arising hereunder. CEE’s duty is to exercise ordinary care in its performance of the obligations described in this Agreement. Client agrees that CEE, its officers, directors, agents, and employees (“CEE Representatives”) will not be liable for events or circumstances arising from CEE’s reasonable reliance on such information provided by Client. Client and CEE agree that clerical errors do not constitute a failure to exercise ordinary care or to act in good faith. In addition to CEE's right to reasonably rely on information provided to it by the Client, CEE shall not be held liable for any errors or omissions which were created by the Client's previous loan servicer, except that CEE shall notify Client upon discovering any such errors or omissions, and CEE and Client shall work together to address any such issues. 17. Term of Agreement: Termination The initial term shall commence on the Effective Date and continue for a period of three years (the “Initial Term”). Thereafter, the Agreement shall automatically renew for successive one-year periods, unless CEE or Client provides written notice of non-renewal or amendment to the other party at least sixty days before the end of the then current term.