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part or the whole of the debt evidenced by this Note, by agreement between the Holder <br /> and Maker, and such consent shall not alter or diminish the liability of any person or the <br /> enforceability of this Note. Each and every party signing or endorsing this Note binds itself <br /> as a principal and not as a surety. This Note shall bind the undersigned and its <br /> successors and assigns, jointly and severally. <br /> 10. Security of Note. This Note is secured by a Deed of Trust (the <br /> "Deed of Trust") of even date herewith granted by the Maker covering a certain leasehold <br /> interest in certain real property in City of Everett, Washington, together with a leasehold <br /> interest in the buildings and improvements now or hereafter erected thereon (the <br /> "Premises"). <br /> 11. Collection Costs. Maker agrees to pay all costs, including <br /> reasonable attorneys' fees, incurred by Holder hereof in any suit, action, or appeal <br /> therefrom, or without suit, in connection with collection hereof, foreclosure of the Deed of <br /> Trust, or enforcement of any instrument securing payment hereof or otherwise relating to <br /> or securing this Note. <br /> 12. Maximum Interest. Neither this Note nor any instrument securing <br /> payment hereof or otherwise relating to the debt evidenced hereby shall require the <br /> payment or permit the collection of interest in excess of the maximum permitted by any <br /> applicable usury statute or any other law (the "Maximum Rate"). If this Note or any other <br /> such instrument does so provide, the provisions of this paragraph shall govern, and <br /> neither Maker nor any endorsers of this Note nor their respective heirs, personal <br /> representatives, successors, or assigns shall be obligated to pay the amount of interest in <br /> excess of the Maximum Rate. In such event, the interest rate in excess of the Maximum <br /> Rate shall be reduced by appropriate credits to the balance owing at maturity hereunder <br /> so that the Maximum Rate shall not be exceeded. <br /> 13. Notice. Any demand or notice to be made or given by the Holder to <br /> Maker under the terms hereof or any instrument now or hereafter relating to or securing <br /> this Note shall be effective when delivered by registered mail, return receipt requested, <br /> postage prepaid, to the Maker. <br /> 14. Governing Law. This Note shall be governed by and construed in <br /> accordance with the laws of the State of Washington and applicable Federal law. <br /> 15. Nonrecourse. Notwithstanding any other provision hereof or of any <br /> other instrument relating to or securing this Note, the Maker, its successors and assigns <br /> and their respective partners, officers, directors and employees shall not have any <br /> personal liability for the indebtedness evidenced hereby or any deficiency judgment, and <br /> upon the occurrence of a default or event of default hereunder, the Holder hereof shall <br /> look solely to the instruments by which this Note is secured and the Premises constituting <br /> the security, together with the rents, issues, and profits thereof for satisfaction of the <br /> indebtedness, and resort shall not be made to any other property of the Maker; <br /> PROVIDED, HOWEVER, that nothing herein contained shall limit or be construed to limit <br /> or impair the enforcement against said Premises of the rights and remedies of the Holder <br /> hereof, including the joinder of the Maker in any action to foreclose the liens and security <br /> B-3 <br />