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<br /> � refunded to the payor thereof, or (3) any aombinatian of the �
<br /> � foreqoinq; _(D) the interest rate(sj provided for herein- shail b� .
<br /> �- automatfcally reduced to the maximum lawful, rate allowed cutder � ` '
<br /> applicable law,- �and �he Loan Documents shall be �eemed to have
<br /> : � I�een, and shall be, reformed and modified to reflect such
<br /> reduction; and (E) neither Mortqaqor nor any guarantor or endorser
<br /> � shall have any� action against the Mortqagee for any damaqes arfsfng�
<br /> out of the payment or collection of any Excess interest. ,
<br /> SECTZON 4.6 Indem=tifiration• Rei��rsement. Mortgaqt�r
<br /> shall reimburse Mortqagee, upon demand, for all costs and expensee �
<br /> ° incurred by Mortgaqee in connection with the adm�n�stration and � �
<br /> enforcement of this Mortgage, and shall fndemnify and ho�d hanal�eas� �. ;,
<br /> l�ortqaqee, upon deaand, from and against ar►� ana�--,al:.� lasses,.,
<br /> liability (aancludiriq �liabilities for penaltiesj , ac�.���x.s,, �uits,;.
<br /> prodeec�i�nqs,. .judgments, demands, costs and expenses � �.�:ncictdi�g;,
<br /> withc�r,� limitatiana �easonable attorneys� fees aad th� �l�lacraGed
<br /> costs � og staff co���2) incurrea3 by Mortc,�age� �hereunder .mr,� 3n
<br /> , connection herewith, unless a caurt of corEge�ea�t j�vrisd��i�n�sha21 - •
<br /> determine such liab�aty 3s properly due to the �agilfu� ;ar�aonduct, - f •
<br /> . gross neqligence or �ac� faith of Mortqaqee. In tIIze event' Mortgagor
<br /> shall fail to perf�s� any act or thing which it �as cravenanted to �
<br /> � • da hereunder or a� warranty on the part of �Iartgaqar ¢:ontained � �
<br /> • _ herein shall be breached, Mortgaqee may �ant sha21� not. be under
<br /> obligation to) do the same or cause it to be dane _or r�medy �y .
<br /> . such lbseaah, and may expend its funds for such ,gurpose. Any and � �
<br /> all a►�ounts so expended by Mortgaa�ee shall be r�payable to it by .•
<br /> Mortg�qor upon demand therefor, with interest at the Be�a�a3.t Rate. � ' ���
<br /> If any action or proceeding is commenced to which a��taon or
<br /> proceeding Mortqages is made a party or ias� �1�ich it becomes �
<br /> necessary to defend or uphold the Lien of this 1��rtgaqe, Mortgaqor � �. . ,,
<br /> shall, on demand, zeimburse Mortgaqee for all rsasonaJale expenses � . �
<br /> (includinq, �ithout lfmitation, reasonable a�tortieys� fees and the �.
<br /> � allocated c�sts of staff counsel) incurred by Mortgagee sa� any such , ' �
<br /> actfon or proceedsa�g. In an action or � � � �
<br /> y procee�snq to forec2ose ,
<br /> this b�d4rtgaqe or +� recover or collect t,he gmdebteclness, the � - �}
<br /> provi�sons of law relatinq to the recovering �f costs, •
<br /> d is bursemen ts an d allowances shall prevai.l unaffecte�. by this �
<br /> covenant. Mortgagar�s oblfqatfons under this Sectioa� 4.6 shall � ���';�;,
<br /> � survnve the satisfaztion of this Mortgage and �tte dnscharge �of �
<br /> Mortgae�or's other �bliqatians hereunder. The �r�visimms of �his '`� �
<br /> Sectfon a.0 shall not be construed in limitation o€ any other ' � �.'t�j�
<br /> ;,.,,.:
<br /> provisfon i� �ny Loan Document. �
<br /> SECTION 4.7 Choice of Law. TE�e inte�al laws oP the
<br /> State of Mfnuzesota s�aall qovern all matters hereurader, except that
<br /> the internaY laws of the state where the Premises are located shali-
<br /> govern the lien priorfty and validity of this Mortgage anc�
<br /> procedures with resgect to the enforcement. ther�aF, . . . . . . . ... .. ._ ..__.. . .
<br /> . SECTION 4.8 �to M� eraer. The rights and estate created �
<br /> , by this Mortgage shali not, under any circumstances, be held to
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