RIGHT TO CHANGE ITS ADDRESS FOR NOTICE HEREUNDER TO ANY
OTHER LOCATION WITHIN THE CONTINENTAL UNITED STATES BY NOTICE TO THE OTHER PARTY
OF SUCH NEW ADDRESS.
20.
CONSTRUCTION; VENUE; SERVICE OF PROCESS.
THIS AGREEMENT SHALL
BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF
LOUISIANA (WITHOUT GIVING EFFECT TO ITS CHOICE OF LAWS PROVISIONS), AND SHALL BE
PERFORMABLE BY THE PARTIES HERETO IN THE PARISH IN LOUISIANA WHERE LENDER'S
ADDRESS SET FORTH ON THE SIGNATURE PAGE HEREOF IS LOCATED (THE "VENUE SITE").
ANY ACTION OR PROCEEDING AGAINST ANY OBLIGOR UNDER OR IN CONNECTION WITH ANY OF
THE LOAN DOCUMENTS MAY BE BROUGHT IN ANY STATE OR FEDERAL COURT WITHIN THE VENUE
SITE. EACH OBLIGOR HEREBY IRREVOCABLY (A) SUBMITS TO THE NONEXCLUSIVE
JURISDICTION OF SUCH COURTS, AND (B) WAIVES ANY OBJECTION IT MAY NOW OR
HEREAFTER HAVE AS TO THE VENUE OF ANY SUCH ACTION OR PROCEEDING BROUGHT IN ANY
SUCH COURT OR THAT ANY SUCH COURT IS AN INCONVENIENT FORUM. EACH OBLIGOR AGREES
THAT SERVICE OF PROCESS UPON IT MAY BE MADE BY CERTIFIED OR REGISTERED MAIL,
RETURN RECEIPT REQUESTED, AT ITS ADDRESS SPECIFIED OR DETERMINED IN ACCORDANCE
WITH THE PROVISIONS THIS AGREEMENT. NOTHING IN ANY OF THE OTHER LOAN DOCUMENTS
SHALL AFFECT THE RIGHT OF LENDER TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED
BY LAW OR SHALL LIMIT THE RIGHT OF LENDER TO BRING ANY ACTION OR PROCEEDING
AGAINST ANY OBLIGOR OR WITH RESPECT TO ANY OF ITS PROPERTY IN COURTS IN OTHER
JURISDICTIONS. ANY ACTION OR PROCEEDING BY ANY OBLIGOR AGAINST LENDER SHALL BE
BROUGHT ONLY IN A COURT LOCATED IN THE VENUE SITE.
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21.
INVALID PROVISIONS.
IF ANY PROVISION OF THE LOAN DOCUMENTS ARE
HELD TO BE ILLEGAL, INVALID OR UNENFORCEABLE UNDER PRESENT OR FUTURE LAWS, SUCH
PROVISION SHALL BE FULLY SEVERABLE AND THE REMAINING PROVISIONS OF THE LOAN
DOCUMENTS SHALL REMAIN IN FULL FORCE AND EFFECT AND SHALL NOT BE AFFECTED BY THE
ILLEGAL, INVALID OR UNENFORCEABLE PROVISION OR BY ITS SEVERANCE.
22.
EXPENSES.
DEBTORS, JOINTLY AND SEVERALLY, SHALL PAY ALL
REASONABLE AND DOCUMENTED OUT-OF-POCKET COSTS AND EXPENSES (INCLUDING, WITHOUT
LIMITATION, REASONABLE AND DOCUMENTED ATTORNEYS' FEES) IN CONNECTION WITH (A)
ANY ACTION (INCLUDING, WITHOUT LIMITATION, ANY INSPECTIONS) REQUIRED IN THE
COURSE OF THE ADMINISTRATION OF THE INDEBTEDNESS AND OBLIGATIONS EVIDENCED BY
THE LOAN DOCUMENTS, AND (B) ANY ACTION IN THE ENFORCEMENT OF LENDER'S RIGHTS
UPON THE OCCURRENCE AND DURING THE CONTINUANCE OF AN EVENT OF DEFAULT.
23.
PARTICIPATION OF THE LOANS.
EACH DEBTOR AGREES THAT LENDER
MAY, AT ITS OPTION, SELL PARTICIPATION INTERESTS IN THE LOANS AND ITS RIGHTS
UNDER THIS AGREEMENT TO A FINANCIAL INSTITUTION OR INSTITUTIONS AND, IN
CONNECTION WITH EACH SUCH SALE, LENDER MAY DISCLOSE ANY FINANCIAL AND OTHER
INFORMATION AVAILABLE TO LENDER CONCERNING ANY OBLIGOR TO EACH PROSPECTIVE
PURCHASER SUBJECT TO OBTAINING A CONFIDENTIALITY AGREEMENT WITH EACH PROSPECTIVE
PURCHASER PRIOR TO DISCLOSING SUCH OBLIGOR'S CONFIDENTIAL INFORMATION.
24.
CONFLICTS.
EXCEPT AS OTHERWISE EXPRESSLY PROVIDED IN THE NOTE,
IN THE EVENT ANY TERM