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21. Governing Law. This Agreement shall be governed by and construed in <br /> accordance with the laws of Minnesota, without giving effect to any choice or conflict of <br /> law provision or rule. <br /> 22. Counterparts. This Agreement may be executed in two (2) or more <br /> counterparts, each of which shall be an original and all of which shall constitute the same <br /> agreement. <br /> 23. Entire Agreement. This Agreement, the Note, the Mortgage and the other <br /> documents executed by Borrower and/or Lender pursuant to this Agreement contain the <br /> entire agreement between the parties with respect to the subject matter hereof and <br /> su p ersede all prior understandings and agreements, both oral and written. This <br /> Agreement may be amended only in a writing signed by the parties hereto. <br /> 24. Fees and Expenses. Borrower agrees to pay to Lender immediately upon <br /> demand all costs and expenses, including, without limitation, all attorneys fees, incurred <br /> by Lender in connection with the enforcement of the Lender's rights and/or the <br /> y g <br /> collection of any amounts which become.due to Lender under this Agreement,the Note, <br /> the Mortgage or the other documents executed in connection herewith; and the <br /> prosecution or defense of any action in any way related to this Agreement, the Note, the <br /> Mortgage or the other documents executed in connection herewith. <br /> 25. Subordination. In order to facilitate the obtaining of financing for the <br /> construction of the Improvements, Lender agrees to execute a subordination agreement <br /> in form and substance mutually acceptable to Lender and the . Small Business <br /> Adminitration lender of such financing to subordinate the provisions of the Mortgage to <br /> the documents executed in connection with the SBA loan. <br /> [Signature Pages follow] <br /> [Remainder of page intentionally left blank.] <br /> 385593v4 JSB EL185-12 <br /> 7/lam 3 <br /> -1 - <br />