EDA RES 20-12 - Laserfiche WebLink

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collection of the indebtedness evidenced by Lender Note or any part thereof; (d) exercise or refrain from exercising any right against Borrower or others (including, but not limited to, Creditor); and (e) apply any such sums received by Lender, by whomsoever paid and however realized, to the indebtedness evidenced by Lender Note in such manner as Lender shall deem appropriate. 6. No Waiver. No waiver shall be deemed to be made by Lender of any of its rights hereunder unless the same shall be in writing signed on behalf of Lender, and each such waiver, if any, shall be a waiver only with respect to the specific matter of matters to which the waiver relates and shall in no way impair the rights of Lender or the obligations of Creditor to Lender in any other respect at any other time. 7. Binding A eement. This Agreement and every part hereof shall be binding upon Creditor and upon Creditor and upon the heirs, legal representatives,, successors and assigns of Creditor from and after the date of its execution and delivery to Lender irrespective of whether this or any similar agreement is executed by any other creditor of Borrower. 8. Governing Law. This Agreement is made and is to be construed under the laws of the State of Minnesota. The unenforceability or invalidity of any provision or provisions of this Agreement as to persons or circumstances shall not render that provision or those provisions unenforceable or invalid as to any other persons or circumstances, and all provisions, in all other respects, shall remain valid and enforceable. 9. Counted}arts. This Agreement may be signed in multiple counterparts, each of which shall be an original and facsimile signatures shall be treated as originals. IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first above written. THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK AND THE FOLLOWING PAGES ARE THE SIGNATURE AND NOTARY PAGES AND EXHIBIT "A". 3