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in consideration for any such extension or release any security for this Note at its sole discretion all <br />without in any way affecting the liability of Borrower. <br />b. No extension of time for payment of this Note made by agreement by the <br />Agency with any person now or hereafter liable for the payment of this Note shall operate to release, <br />discharge, modify, change or affect the original liability of Borrower under this Note, either in whole <br />or in part. <br />C. The obligations of Borrower under this Note shall be absolute and Borrower <br />waives any and all rights to offset, deduct or withhold any payments or charges due under this Note <br />for any reasons whatsoever. <br />d. Borrower waives presentment, demand, notice of protest and nonpayment, <br />notice of default or delinquency, notice of acceleration, notice of costs, expenses or leases or interest <br />thereon, notice of dishonor, diligence in collection or in proceeding against any of the rights or <br />interests in or to properties securing of this Note, and the benefit of any exemption under any <br />homestead exemption laws, if applicable. <br />e. No previous waiver and no failure or delay by Agency in acting with respect <br />to the terms of this Note or the Deed of Trust shall constitute a waiver of any breach, default, or <br />failure of condition under this Note, the Deed of Trust or the obligations secured thereby. A waiver <br />of any term of this Note, the Deed of Trust or of any of the obligations secured thereby must be made <br />in writing and shall be limited to the express written terms of such waiver. <br />8. Attorneys' Fees and Costs. Borrower agrees that if any amounts due under this <br />Note are not paid when due, to pay in addition, all costs and expenses of collection and reasonable <br />attorneys' fees paid or incurred in connection with the collection or enforcement of this Note, <br />whether or not suit is filed. <br />9. Joint and Several Obligation. This Note is the joint and several obligation of all <br />makers, sureties, guarantors and endorsers, and shall be binding upon them and their heirs, <br />successors and assigns. <br />10. Amendments and Modifications. This Note may not be changed orally, but only by <br />an amendment in writing signed by Borrower and by the Agency. <br />11. Agency May Assign. Agency may, at its option, assign its right to receive payment <br />under this Note without necessity of obtaining the consent of the Borrower. <br />12. Borrower Assignment Prohibited. In no event shall Borrower assign or transfer <br />any portion of this Note without the prior express written consent of the Agency, which consent shall <br />not unreasonably be withheld, except pursuant to a transfer which is permitted or approved pursuant <br />to the terms of the Agreement. <br />13. Terms. Any terms not separately defined herein shall have the same meanings as set <br />forth in the Agreement. <br />14. Acceleration and Other Remedies. Upon: (a) the occurrence of an event of Default <br />as defined in the Agreement and delivery of notice and expiration of the cure period described <br />therein, or (b) Borrower selling, contracting to sell, giving an option to purchase, conveying, leasing, <br />F-5 <br />DOCSOC/ 1469583v5/200272-0003