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ure on the part ~f E~ank ~romptly to exercise any option hereby
given or reserved shall nat prevent the exercise of any such op-~
tion at any time thereafter. gank may pursue and enEorce any
remedy or remedies accorded it herein independently of, in con-
junction or concurrently with, or subsequent }o its pursuit of
enforcement of any remedy or remedies which it may have under the
Note, Mortgage, Loan Agree~nent and/or ather Loan Documents.
11. B~rrower and the Other Weston Entities warrant and
represent:
a. That they have the riqht to execute and deliver this ~
Assignment; ~ .
b. That they have ;nade no prior assignments of the
Additional Collateral;
c. That to the best of Borrower's and the Other Weston
Entities' knowledqe and belief, after due inquiry, and except for
those Licenses which by their nature are not transferable, all
Additional Collateral are in full force and effect on the date
hereof, subject to no defenses, setoffs or counterclaims
whatsoever; and -
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i d. There exists no eve~t, condition or occurrence which
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! constitutes, or which with notice and/or the nassage of time would
~ constitute, a breach of or default under any term or condition of
~ any of the Additonal Collateral. Horrower and the Other Weston
,
e F.ntities also hereby covenant and aqree not to do any act which
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~ would destroy or impair the security to the Bank of this
s
~ Assignment. :
~ 12. When the context so requires, the singular shall include
~ the plural and conversely, and ~se of any yender shall include all
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~ genders.
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- 13. Notices required hereunder shall ~e by reqistered or
certified mail, addressed as follows:
-a. in the case of the Rank, addressed
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3~»K 36fi F~~E ~.32
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