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6.5. EDSR 08-20-2018
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6.5. EDSR 08-20-2018
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8/16/2018 11:25:07 AM
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City Government
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8/20/2018
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533955v3 GAF EL185-57 <br /> (d) The real estate to which such fixtures are or are to be attached is <br />that described in Exhibit A attached hereto. The owner of such real estate is <br />Debtor. <br />ARTICLE SEVEN <br />MISCELLANEOUS <br /> 7.1 Mortgageeās Remedies Cumulative. All remedies of Mortgagee are distinct and <br />cumulative to any other right or remedy under this Mortgage or afforded by law or equity, and <br />may be exercised concurrently or independently, as often as the occasion therefore arises. <br /> 7.2 Successors and Assigns Bound; Captions. The covenants and agreements herein <br />contained shall bind, and the rights hereunder shall inure to, the respective heirs, legal <br />representatives, successors and assigns of Mortgagee and Mortgagor. The captions and headings <br />of the Sections of this Mortgage are for convenience only and are not to be used to interpret or <br />define the provisions hereof. <br /> 7.3 Notices. Any notice from Mortgagee to Mortgagor under this Mortgage shall be <br />deemed to have been given by Mortgagee and received by Mortgagor, when delivered personally <br />to an officer of Mortgagor or three (3) days after the date it is mailed by certified mail addressed <br />as follows: <br />Yankee Doodle Enterprises, LLC <br />13374 U.S. Highway 10 <br />Elk River, Minnesota <br />Attn: Brian Brehmer <br /> <br /> 7.4 Governing Law; Severability. This Mortgage shall be governed by the Laws of <br />the State of Minnesota. In the event that any provision or clause of this Mortgage conflicts with <br />applicable law, such conflict shall not affect other provisions of this Mortgage which can be <br />given effect without conflicting provisions and to this end the provisions of this Mortgage are <br />declared to be severable. <br /> 7.5 Counterparts. This Mortgage may be executed in any number of counterparts, <br />each of which shall be an original but all of which together shall constitute one instrument. <br /> 7.6 Waiver of Appraisement, Homestead, Marshaling. Mortgagor hereby waives the <br />benefit of any homestead, appraisement, evaluation, stay and extension laws now or hereinafter <br />in force. Mortgagor hereby waives any rights available with respect to marshaling of assets so as <br />to require the separate sales of any portion of the Mortgaged Property, or to require Mortgagee to <br />exhaust its remedies against a specific portion of the Mortgaged Property before proceeding <br />against the other.
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