I'm trying to run an ASP.NET project in Visual Studio 2013 Express for Web in IIS Express.
When I launch it, I see following message in the browser:

Translation from German: ASP.NET setting was recognized, which is invalid in the "integrated" managed pipeline mode. Probable causes: "system.web/identity@impersonate" is set to "true".
How can I fix this?
Update 1: The Properties panel:
