expressly and irrevocably submits the person of the Mortgagor and the Vessel to the jurisdiction of any such court in any country in any such action or proceeding.

SECTION 5.11. Consent to Jurisdiction for Proceeding Relating to Mortgage. This Mortgage shall in all respects be governed by and construed in accordance with the federal laws of the United States, including federal common law. The Mortgagor irrevocably submits to the jurisdiction of the United States District Court of the Jurisdiction State/City, in any proceeding relating to this Mortgage and agrees that any process or summons in any such action may be served by mailing to Mortgagor a copy thereof, unless the Mortgagee has instituted proceedings in a United States District Court which maintains jurisdiction over where the Vessel may be located and, in such case, Mortgagor consents to and subjects itself to the jurisdiction of that federal court.

SECTION 5.12. Chapter 537 Rights and Remedies. The Mortgagee, in addition to such other rights or remedies it may have, shall have the right, in its discretion, to take any and all action authorized by Chapter 537 and, to the extent not in express conflict with the action authorized by said Sections, any and all action provided for in or authorized or permitted by or in respect of this Mortgage, the Agreement, the Administrator’s Note, the other Transaction Documents, any Note Purchase Documents, and policies of insurance (including all action provided for in or authorized or permitted by or in respect of any or all said documents by the Mortgagee) and public policy, as the case may be.

SECTION 5.13. Restoration of Rights and Position. In case the Mortgagee shall have proceeded to enforce any right, power, or remedy under this Mortgage by foreclosure, entry, or otherwise, and such proceedings shall have been discontinued or abandoned for any reason or shall have been determined adversely to the Mortgagee, then and in every such case the Mortgagor and the Mortgagee shall be restored to their former positions and rights hereunder with respect to the property subject or intended to be subject to this Mortgage, and all rights, remedies, and powers of the Mortgagee shall continue as if no proceedings had been taken.

SECTION 5.14. Remedies Cumulative. Each and every power and remedy herein specifically given to the Mortgagee or otherwise in this Mortgage shall be cumulative and shall be in addition to every other power and remedy herein specifically given or now or hereafter existing at law, in equity, admiralty, or by statute, and each and every power and remedy whether specifically herein given or otherwise existing may be exercised from time to time and as often and in such order as may be deemed expedient by the Mortgagee, and shall not be construed to be a waiver of the right to exercise at the same time or thereafter any other power or remedy. No delay or omission by the Mortgagee in the exercise of any right or power or in the pursuance of any remedy occurring upon a Default shall impair any such right, power, or remedy or be construed to be a waiver of any such Default or to be any acquiescence therein; nor shall the acceptance by the Mortgagee of any security or of any payment of or on account of the Administrator’s Note maturing after any Default or of any payment on account of any past Default be construed to be a waiver of any right to take advantage of any future Default or of any past Default not completely cured thereby.

### ARTICLE VI Miscellaneous

SECTION 6.01. Notices. 6.01. Notices. Except as otherwise provided in this Mortgage or by Chapter 537, all notices, requests, demands, directions, consents, waivers, approvals or other

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