I, the applicant, agents, employees, successor, and assigns agree to save and hold harmless Palmas del Mar Homeowners Association, Inc. (PHA) and PHA Pterocarpus Forest, Inc. from and against any and all claims, liability, cost or expenses, demands, and/or suits whether judicial or extrajudicial for any cost whatever arising out or related to incidents, accidents or any acts related to the use of the Pterocarpus Forest and any facilities or amenities located therein including gazebos, observation tower, walkways, boardwalks, waterways, lakes, canals, equipment, etcetera.