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default hereunder Which occurs prior to the fill reconveyance of the Deed of Trust, the ,agency's <br />sole recourse shall be to proceed against the collateral described its the Deed of Trust. After the <br />full recon eya ce of the Deed of Trust, Agency may enforce its rights hereunder in any manner <br />permitted by applicable law. <br />7. Wai i•s <br />a. Borrower expressly agrees that this Note or any payment hereunder may <br />be extended from time to three at the Agency's sole discretion and that the Agency may accept <br />security in consideration for any sti h extension or release any security for this Note at its sole <br />discretion all without in any Nay affecting the liability of Borrower. <br />No extension of tine for payment of this Note made by agreement by the <br />Agency with any person now or hereafter liable for the p yi ent of this Note shalt operate to <br />release, discharge, Modify, change or affect the original liability of Borrower tinder this Note, <br />either in whole or its part. <br />e. The obligations of Borrower tinder this Note shall be absolute and <br />Borrower waives any and all rights to offset, deduct or withhold any payments or charges due <br />ruder this Note for any reasons whatsoever. <br />d. Borrower waives es presentme t, demand, notice of protest and nonpayment, <br />notice of default or delinquency, notice of acceleration, notice of costs, expenses or leases or <br />interest thereon, Notice of dishonor, diligence its collection or in proceeding against any of the <br />rights of interests in or to properties securing of this Note, and the benefit of any exemption <br />under any homestead tead e emption laws, if applicable. <br />el No previous waiver r and no failure or delay by Agency in acting with <br />respect to the terms of this Note or the Deed of Trust shall constitute a waiver of any breach, <br />default, or failure or condition under this Note, the feed of Trust or the obligations secured <br />thereby. A waiver of any term of this Note, the Deed of Trust or of any of the obligations <br />secured thereby must be Made in writing and shall be limited to the express written terms of such <br />waiver. <br />Attorneys' Fees and Costs. Borrower agrees that if any amounts dire under this <br />Note are not paid when due, to pay in addition, all costs and expenses ses of collection and <br />reasonable attorneys' fees paid or incurred in connection with the collection or enforcement of <br />this Note, whether or not suit is filed. <br />Joint and Several obligation. This Note is the joint and several obligation of all <br />makers, sureties, gUarantors and endorsers, and shall be binding upon them and their heirs, <br />successors and assigns. <br />101, Amendments and Modifications. This Note may not be changed orally, but <br />only by an amendment in writing signed by Borrower and by the Agency. <br />III Agency May Assign, Agency may, at its option, assign its right to receive <br />payment under this Note without necessity of obtaining the consent of the Borrower. <br />ATTACHMENT NO. A -4 <br />D OCSO C11 4006 3vl31200272 -0001 <br />