202401647 - Laserfiche WebLink

Browse

202401647 b. This Agreement constitutes the legal, valid and binding obligation of Borrower and is enforceable in accordance with its terms; and c. As of the date hereof, there exists no event of default under the Third Modified Note or any of the other Loan Documents executed by Borrower in connection with the Loan as previously amended or amended by this Agreement. 9. Conflict. In the event of any conflict or inconsistency between the provisions of this Agreement or any of the other Loan Documents heretofore executed by Borrower in connection with the Loan, the provisions of this Agreement shall govern. 10. Successors and Assigns. This Agreement shall be binding upon, and inure to the benefit of Borrower, Lender and their respective successors and assigns. 11. Nonwaiver. Borrower hereby acknowledges and agrees that: a. except as specifically set forth herein, Lender's execution and performance of this Agreement is not, and shall not be construed to be, a waiver, release, amendment or modification of, or to any rights or remedies which Lender currently has, or may hereafter acquire, with respect to any of the obligations owed to Lender by Borrower by virtue of any documents or instruments evidencing, securing, guaranteeing or relating to such obligations; nor shall it be deemed to be an agreement to forebear from exercising any rights or remedies which Lender currently has or may hereafter acquire. b. Lender's agreement herein shall not be construed as, or be deemed to create, any course of dealing between Borrower and Lender, nor shall it be deemed to require or imply any future settlements; nor shall it be construed as a waiver of any defaults of Lender's rights or remedies with regard thereto, or as an amendment to any other agreements, except as expressly set forth herein. 12. Additional Covenants and Provisions. a. Borrower agrees to pay or reimburse Lender for any and all fees, costs and expenses incurred by Lender relating to the Agreement including, without limitation, title expenses, recording fees and reasonable attorney fees. b. Borrower agrees that Borrower has no defense to the payment of the Third Modified Note and Borrower has no defenses to the terms or provisions of the Deed of Trust or other Loan Documents, as amended herein, or right of offset to claim against Lender. Borrower specifically acknowledges and agrees that Lender has performed each and all of its obligations, commitments and agreements under the Loan Documents and all other agreements related to the indebtedness up to and including the date of this Agreement and further agrees that Lender is not in default in the observance or performance of any obligation, commitment, agreement or covenant, express or implied, including, but not limited to, covenants of good faith and fair dealing, to be observed or performed by Lender and that no fact exists and that no event has occurred which now or hereafter will authorize Borrower to fail or refuse to abide by the terms of the Loan Documents or form the basis, in whole or in part, for a claim of any kind against Lender. c. This Agreement contains the entire agreement between the parties with respect to the modification of the Third Modified Note and the other Loan Documents modified herein and 4