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7.5. SR 07-15-2013
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7.5. SR 07-15-2013
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7/15/2013 2:12:21 PM
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J. DEFINITIONS. The terms used in this Note, if not defined herein, shall have their <br /> meanings as defined in the other documents executed contemporaneously or in conjunction with <br /> this Note. <br /> K. PARAGRAPH HEADINGS. The headings at the beginning of any paragraph, or <br /> any subparagraph, in this Note are for convenience only and shall not be dispositive in interpreting <br /> or construing this Note. <br /> L. IF HELD UNENFORCEABLE. If any provision of this Note shall be held <br /> unenforceable or void, then such provision to the extent not otherwise limited by law shall be <br /> severable from the remaining provisions and shall in no way affect the enforceability of the <br /> remaining provisions nor the validity of this Note. <br /> M. CHANGE IN APPLICATION. Borrower will notify the City in writing before any <br /> changes in its name or address. <br /> N. NOTICE. All notices under this Note must be in writing. Any notice given by the <br /> City to Borrower will be effective upon personal delivery or 24 hours after mailing by first class <br /> United States mail, postage prepaid, addressed to Borrower at the address indicated on page one of <br /> this Note. Such address may be changed by written notice to the other party. <br /> RECEIPT OF COPY. Borrower acknowledges that Borrower has read and received a copy <br /> of this Note by its signature below. <br /> BORROWER AND CITY ACKNOWLEDGE THAT THE RIGHT TO TRIAL BY JURY <br /> IS A CONSTITUTIONAL ONE, BUT THAT IT MAY BE WAIVED. EACH PARTY, AFTER <br /> CONSULTING (OR HAVING HAD THE OPPORTUNITY TO CONSULT) WITH COUNSEL <br /> OF THEIR CHOICE, KNOWINGLY AND VOLUNTARILY, AND FOR THEIR MUTUAL <br /> BENEFIT, WAIVES ANY RIGHT TO TRIAL BY JURY IN THE EVENT OF LITIGATION <br /> REGARDING THE PERFORMANCE OR ENFORCEMENT OF, OR IN ANY WAY RELATED <br /> TO,THIS NOTE OR THE INDEBTEDNESS SECURED HEREBY. <br /> IN WITNESS WHEREOF, the undersigned has executed this Note as of the day and year <br /> first above written. <br /> BORROWER: <br /> PREFERRED POWDER COATING,LLC <br /> By: <br /> Chief Manager <br /> 171419v1 20 <br />
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