Laserfiche WebLink
<br />200600863 <br /> <br />Section 7.9. SOLE DIS_CRETION OF LENDER. Wherever pursuant to this Assignment (a) <br />Lender exercises any right given to it to approve or disapprove, (b) any arrangement or term is to be <br />satisfactory to Lender, or (c) any other decision or determination is to be made by Lender, the <br />decision of Lender to approve or disapprove, all decisions that arrangements or terms are satisfactory <br />or not satisfactory and all other decisions and determinations made by Lender, shall be in the sole <br />discretion of Lender, except as may be otherwise expressly and specifically provided herein. <br /> <br />Section 7.10. COSTS AND EXPENSES OF BORROWER. To the extent permitted by <br />applicable law, wherever pursuant to this Assignment it is provided that Borrower pay any costs and <br />expenses, such costs and expenses shall include, but not be limited to, legal fees and disbursements of <br />Lender, whether with respect to retained firms, the reimbursement of the expenses for in-house staff <br />or otherwise. <br /> <br />Section 7.11. SEVERABILITY. If any term, covenant or condition of this Assignment is held <br />to be invalid, illegal or unenforceable in any respect, this Assignment shall be construed without such <br />provISIon. <br /> <br />Section 7.12. WAIVER OE TRIAL BY JURY. BORROWER AND LENDER, BY ITS <br />ACCEPTANCE HEREOF, EACH HEREBY IRREVOCABLY WAIVE, TO THE FULLEST <br />EXTENT PERMITTED BY LAW, THE RIGHT TO TRIAL BY JURY IN ANY ACTION, <br />PROCEEDING OR COUNTERCLAIM, WHETHER IN CONTRACT, TORT OR OTHERWISE, <br />RELATING DIRECTLY OR INDIRECTLY TO THE LOAN EVIDENCED BY THE NOTE, THE <br />APPLICATION FOR THE LOAN EVIDENCED BY THE NOTE, THIS ASSIGNMENT, THE <br />NOTE, THE SECURITY INSTRUMENT OR THE OTHER SECURITY DOCUMENTS OR ANY <br />ACTS OR OMISSIONS OF ANY PARTY OR ANY OF THEIR RESPECTIVE OFFICERS, <br />EMPLOYEES, DIRECTORS OR AGENTS IN CONNECTION THEREWITH. THIS WAIVER OF <br />THE RIGHT TO TRIAL BY JURY IS A MATERIAL INDUCEMENT TO THE LENDER FOR <br />THE LENDER TO MAKE THE LOAN. <br /> <br />THIS ASSIGNMENT, together with the covenants and warranties therein contained, shall inure to <br />the benefit of Lender and any subsequent holder of the Security Instrument and shall be binding upon <br />Borrower, its heirs, executors, administrators, successors and assigns and any subsequent owner of <br />the Property. <br /> <br />READ ALL CREDIT AGREEMENTS BEFORE SIGNING. THE TERMS OF ALL CREDIT <br />AGREEMENTS SHOULD BE READ CAREFULLY BECAUSE ONLY THOSE TERMS IN <br />WRITING ARE ENFORCEABLE. NO OTHER TERMS OR ORAL PROMISES NOT <br />CONTAINED OR SPECIFICALL Y INCORPORATED BY WRITING IN THIS WRITTEN <br />CREDIT AGREEMENT MAYBE LEGALLY ENFORCED. YOU MAY CHANGE THE TERMS <br />OF THIS CREDIT AGREEMENT ONLY BY OTHER WRITTEN CREDIT AGREEMENTS. <br /> <br />[NO FURTHER TEXT - SIGNATURES APPEAR ON NEXT PAGE] <br />