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<br />200605274 <br />(d) agrees that nothing herein shall affect the right to effect service of process in any <br />other manner permitted by law or shall limit the right to sue in any other jurisdiction; and <br /> <br />(e) waives, to the maximum extent not prohibited by law, any right it may have to <br />claim or recover in any legal action or proceeding referred to in this Section any special, <br />exemplary, punitive or consequential damages. <br /> <br />Section 10. 7 WAIVER OF FORECLOSURE DEFENSE. Borrower hereby waives any defense <br />Borrower might assert or have by reason of Lender's failure to make any tenant or lessee of the <br />Property a party defendant in any foreclosure proceeding or action instituted by Lender. <br /> <br />Section 10.8 FAILURE TO ACT. Notwithstanding anything to the contrary contained <br />herein or in any other Loan Document, the failure of Lender to take any action hereunder or <br />under any other Loan Document shall not (i) be deemed to be a waiver of any term or condition <br />of this Security Instrument or any of the other Loan Documents, (ii) adversely effect any rights <br />of Lender hereunder or under any other Loan Document and (iii) relieve Borrower of any of <br />Borrower's obligations hereunder or under any other Loan Document. <br /> <br />Article 11 - NOTICES <br /> <br />Section 11.1 NOTICES. All notices or other written communications hereunder shall be <br />delivered in accordance with the applicable terms and conditions of the Loan Agreement. <br /> <br />Section 11.2 ADDRESSES. Notices to Borrower and Lender hereunder shall be <br />addressed and delivered in accordance with the Loan Agreement) and shall to be sent as follows: <br /> <br />If to Borrower: <br /> <br />Spirit SPE Portfolio 2006-2, LLC <br />c/o Spirit Finance Corporation <br />14631 N. Scottsdale Rd. Suite 200 <br />Scottsdale, Arizona 85254 <br />Attention: Catherine Long <br />Telecopy No.: 480-606-0826 <br /> <br />with copies to: <br /> <br />Kutak Rock LLP <br />1801 California Street, Suite 3100 <br />Denver CO 80202 <br />Attention: Paul E. Belitz, Esq. <br />Facsimile No.: (303) 292-7799 <br /> <br />If to Lender: <br /> <br />Barclays Capital Real Estate Inc. <br />200 Park Avenue <br />New York, New York 10166 <br /> <br />14 <br /> <br />Nebraska <br />[TPW: NYLEGAL:505604.2] 20528-00030 05113/200602:00 PM <br />