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5 <br /> VII. Truth in Lending <br /> The Lender agrees to meet the requirements of the Truth in Lending Act (P.L. 90- <br /> 321) in connection with all loans approved by and for CHIP. <br /> VIII. Discrimination <br /> A. The Lender shall not discriminate against any borrower because of race, <br /> color, creed, age, sex, national origin, marital state, or other criterion not <br /> clearly related to eligibility or capacity to repay the loan applied for. <br /> B. The Lender shall not discriminate against any employee or applicant for <br /> employment because of race, color, creed, sex, age, national origin, or <br /> marital state. The Lender will take affirmative action to ensure that <br /> applicants for employment and that employees are treated without regard to <br /> their race, color, creed, age, sex, national origin, or marital state. Such <br /> actions shall include, but not be limited to, employment, upgrading, demotion, <br /> transfer, recruitment or recruitment advertising, layoff or termination, rates of <br /> pay, or other form of compensation and selection for training or <br /> apprenticeship. <br /> _ C. _ The Lender will, in all so Jicitations_or advertisements_for_employees.placed <br /> on or on behalf of the Lender, state that all qualified applicants will receive <br /> consideration for employment without regard to race, color, creed, age, sex, <br /> national origin, or marital state. <br /> D. The City will exercise good faith efforts to comply with Federal Reserve <br /> System Regulation B (12 CFR 202) to the extent that regulation applies to <br /> the City. Additionally, the City will work with Lender to carry out the <br /> disclosure requirements of Regulation Z of the Federal Reserve System. <br /> IX. Indemnification <br /> City shall indemnify and hold harmless the Lender against all claims and damages <br /> of whatsoever nature arising out of or connected with acts or omissions of any <br /> contractor performing rehabilitation work in connection with any loan provided <br /> pursuant to this agreement; provided, however, that City's obligation under this <br /> section shall not extend to negligent or willful acts or omissions by the Lender. All <br /> contractors shall operate as independent contractors and nothing herein shall <br /> affect such independent contractor status. <br /> X. Terms of Agreement <br /> The City and Lender agree that eligible loan applications shall be processed and <br /> accepted for the period from December 1, 2010, through December 31, 2012 all <br /> other provisions of this agreement relating to loan servicing and default procedures <br /> shall remain in effect until all loans granted during the aforementioned period shall <br /> 42 5 <br />