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3 <br />a written lease with Corporate Guarantor. The undersigned acknowledges and agrees that the <br />Indebtedness is being utilized by Borrower to make permanent and valuable improvements to the <br />Property, the ownership of which improvements will revert to Corporate Guarantor upon the expiration of <br />the Lease and therefore, the undersigned’s obligations under this Guaranty are proper, valid and <br />enforceable. <br /> <br />THE UNDERSIGNED REPRESENTS, CERTIFIES, WARRANTS AND AGREES THAT THE <br />UNDERSIGNED HAS READ ALL OF THIS GUARANTY AND UNDERSTANDS ALL OF THE <br />PROVISIONS OF THIS GUARANTY. THE UNDERSIGNED ALSO AGREES THAT COMPLIANCE <br />BY THE LENDER WITH THE EXPRESS PROVISIONS OF THIS GUARANTY SHALL <br />CONSTITUTE GOOD FAITH AND SHALL BE CONSIDERED REASONABLE FOR ALL <br />PURPOSES. <br /> <br /> <br /> <br />________________________________ <br />Nancy Brehmer <br /> <br /> <br />