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• of any of the obligations of Redeveloper or release of any <br /> security therefor by operation of law or by the action of any <br /> third party affect in any way the Guarantor ' s obligations <br /> hereunder, and the Guarantor hereby expressly waives and <br /> surrenders any defense to his liability hereunder based upon <br /> any of the foregoing acts, omissions, things, agreements or <br /> waivers of any of them, it being the purpose and intent of the <br /> parties hereto that the Guarantied Obligations of Redeveloper <br /> constitute the direct and primary obligations of the Guarantor <br /> and that the covenants, agreements and all obligations of the <br /> Guarantor hereunder be absolute, unconditional and irrevocable. <br /> 9 . Any notice, demand or request by HRA to the <br /> .Guarantor shall be in writing, and shall either be manually <br /> • delivered to the Guarantor or mailed in a sealed wrapper by <br /> United States registered or certified mail, postage . prepaid, <br /> return receipt requested, properly addressed to the Guarantor <br /> at the address of the Guarantor specified on the signature page <br /> hereof, with a copy to Stephen Davis, 3910 Multifoods Tower, 33 <br /> South 6th Street, Minneapolis, Minnesota 55402 . <br /> 10. This Guaranty shall inure to the benefit of HRA, <br /> its successors and assigns, and shall bind the Guarantor and <br /> his heirs, representatives, successors and assigns . <br /> 11. Subject to Paragraph 6 hereof, this Guaranty <br /> shall terminate when, and only when, terminated under the <br /> conditions set forth in the Redevelopment Contract . When such <br /> -6- <br />