OR EVENT OF
DEFAULT, NOTICE OF INTENT TO ACCELERATE, NOTICE OF ACCELERATION, NOTICE OF
DISHONOR, NOTICE OF FORECLOSURE, NOTICE OF PROTEST, AND NOTICE OF THE INCURRING
BY STABILIZATION GUARANTOR OF ANY OBLIGATION OR INDEBTEDNESS.
AGREEMENT
PROVIDER ALSO WAIVES, TO THE FULLEST EXTENT PERMITTED BY LAW, ALL RIGHTS TO
REQUIRE OBLIGEE TO (A) PROCEED AGAINST STABILIZATION GUARANTOR OR ANY OTHER
GUARANTOR OF STABILIZATION GUARANTOR'S PAYMENT OR PERFORMANCE WITH RESPECT TO
THE OBLIGATIONS (AN "OTHER GUARANTOR") (B) IF ANY OTHER GUARANTOR IS A
PARTNERSHIP, PROCEED AGAINST ANY GENERAL PARTNER OF THE OTHER GUARANTOR, OR
(C) PROCEED AGAINST OR EXHAUST ANY COLLATERAL HELD BY OBLIGEE TO SECURE THE
REPAYMENT OF THE OBLIGATIONS.
AGREEMENT PROVIDER FURTHER WAIVES, TO THE FULLEST
EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT TO REVOKE THIS AGREEMENT AS TO ANY
FUTURE ADVANCES BY OBLIGEE UNDER THE STABILIZATION AGREEMENT TO PROTECT
OBLIGEE'S INTEREST IN THE COLLATERAL SECURING THE STABILIZATION AGREEMENT.
7.
AT ANY TIME OR FROM TIME TO TIME AND
ANY NUMBER OF TIMES, WITHOUT NOTICE TO AGREEMENT PROVIDER AND WITHOUT AFFECTING
THE LIABILITY OF AGREEMENT PROVIDER, (A) THE TIME FOR PAYMENT OF THE OBLIGATIONS
MAY BE EXTENDED OR THE OBLIGATIONS MAY BE RENEWED IN WHOLE OR IN PART; (B) THE
TIME FOR STABILIZATION GUARANTOR'S PERFORMANCE OF OR COMPLIANCE WITH ANY
COVENANT OR AGREEMENT CONTAINED IN THE STABILIZATION AGREEMENT, WHETHER
PRESENTLY EXISTING OR HEREINAFTER ENTERED INTO, MAY BE EXTENDED OR SUCH
PERFORMANCE OR COMPLIANCE MAY BE WAIVED; (C) THE MATURITY OF THE OBLIGATIONS MAY
BE ACCELERATED AS PROVIDED IN THE STABILIZATION AGREEMENT; (D) THE STABILIZATION
AGREEMENT MAY BE MODIFIED OR AMENDED BY OBLIGEE AND STABILIZATION GUARANTOR IN
ANY RESPECT, INCLUDING, BUT NOT LIMITED TO, AN INCREASE IN THE OBLIGATIONS OF
STABILIZATION GUARANTOR THEREUNDER; AND (E) ANY SECURITY FOR THE OBLIGATIONS MAY
BE MODIFIED, EXCHANGED, SURRENDERED OR OTHERWISE DEALT WITH OR ADDITIONAL
SECURITY MAY BE PLEDGED OR MORTGAGED FOR THE OBLIGATIONS.
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8.
OBLIGEE, IN ITS SOLE AND ABSOLUTE
DISCRETION, MAY (A) BRING SUIT AGAINST AGREEMENT PROVIDER, OR ANY ONE OR MORE OF
THE PERSONS CONSTITUTING AGREEMENT PROVIDER AND ANY OTHER GUARANTOR, JOINTLY AND
SEVERALLY, OR AGAINST ANY ONE OR MORE OF THEM; (B) COMPROMISE OR SETTLE WITH ANY
ONE OR MORE OF THE PERSONS CONSTITUTING AGREEMENT PROVIDER FOR SUCH
CONSIDERATION AS OBLIGEE MAY DEEM PROPER; (C) RELEASE ONE OR MORE OF THE PERSONS
CONSTITUTING AGREEMENT PROVIDER OR ANY OTHER GUARANTOR, FROM LIABILITY; AND
(D) OTHERWISE DEAL WITH AGREEMENT PROVIDER AND ANY OTHER GUARANTOR, OR ANY ONE
OR MORE OF THEM, IN ANY MANNER, AND NO SUCH ACTION SHALL IMPAIR THE RIGHTS OF
OBLIGEE TO COLLECT FROM AGREEMENT PROVIDER ANY AMOUNT GUARANTEED BY AGREEMENT
PROVIDER UNDER THIS AGREEMENT.
NOTHING CONTAINED IN THIS PARAGRAPH SHALL IN ANY
WAY AFFECT OR IMPAIR THE RIGHTS OR OBLIGATIONS OF AGREEMENT PROVIDER WITH
RESPECT TO ANY OTHER GUARANTOR.
9.
ANY INDEBTEDNESS OF STABILIZATION
GUARANTOR HELD BY AGREEMENT PROVIDER NOW OR IN THE FUTURE IS AND SHALL BE
SUBORDINATED TO THE OBLIGATIONS AND ANY SUCH INDEBTEDNESS OF STABILIZATION
GUARANTOR SHALL BE COLLECTED, ENFORCED AND RECEIVED BY AGREEMENT