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13068487v2 <br /> <br /> <br /> 34 <br /> <br />power accruing upon any Default shall impair any such right or power, and any such right or power <br />may be exercised from time to time and as often as may be deemed expedient. In order to entitle <br />the Issuer, the Trustee, or a receiver to exercise any remedy reserved to it in this Article, it shall <br />not be necessary to give any notice, other than such notice as may be herein expressly required. In <br />the event any agreement contained in this Loan Agreement should be breached by either party and <br />thereafter waived by the other party, such waiver shall be limited to a particular breach so waived <br />and shall not be deemed to waive any other breach hereunder. <br />Section 7.04 Agreement to Pay Attorneys’ Fees and Expenses. In the event the <br />Corporation should default under any of the provisions of this Loan Agreement, the Lease <br />Assignment or the Mortgage and the Issuer, the Trustee, or a receiver should employ attorneys or <br />incur other expenses for the collection of payments due or to become due hereunder or the <br />enforcement of performance or observance of any obligation or agreement on the part of the <br />Corporation contained in this Loan Agreement, the Lease Assignment or the Mortgage, the <br />Corporation agrees that it will on demand therefor reimburse the reasonable fee of such attorneys <br />and such other expenses so incurred. <br />Section 7.05 Advances. In the event the Corporation shall fail to pay any Loan <br />Repayments under Section 4.02 hereof, or to do any other thing or make any other payment <br />required to be done or made by any other provision of this Loan Agreement, the Lease Assignment <br />or the Mortgage, the Issuer or the Trustee, each in its own discretion, may do or cause to be done <br />any such thing or make or cause to be made any such payment at the expense or as an advance for <br />the account of the Corporation, and the Corporation shall pay to the Issuer or the Trustee, as the <br />case may be, upon demand, all costs and expenses so incurred and advances so made, with interest <br />at the rate of [eight percent (8%)] per annum. Any such advance shall be entitled to priority of <br />payment from any funds thereafter received from the Corporation or under Section 7.02. <br /> <br />[The balance of this page intentionally left blank.]