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guaranty and agreements herein made shall continue to apply to the Guarantied <br /> Obligations after giving effect to any such alteration, change, modification, <br /> extension, release, renewal, cancellation, supplement or amendment. <br /> 6. No invalidity, irregularity or unenforceability of all or any part of <br /> the Guarantied Obligations or of any security therefor or other recourse with respect <br /> thereto shall affect, impair or be a defense to this Guaranty and this Guaranty is a <br /> primary obligation of the Guarantor. <br /> 7. Guarantor agrees to pay to the City its reasonable attorneys' fees and <br /> all other costs incurred by the City in enforcing or protecting any of the City's rights, <br /> remedies or recourses hereunder or under the Lease, whether suit be brought or not. <br /> 8. This Guaranty shall be governed by the laws of the State of <br /> Minnesota and shall be binding upon the undersigned Guarantor. This Guaranty is <br /> an absolute and completed one and the undersigned Guarantor waives notice of <br /> acceptance of this Guaranty, said acceptance being conclusively presumed. <br /> 9. Until the terms, covenants and conditions of the Lease and this <br /> Guaranty are fully performed, Guarantor shall not be released by any act or thing <br /> which might, but for this provision of this Guaranty, be deemed a legal or equitable <br /> discharge of a surety. <br /> • IN WITNESS WHEREOF, Guarantor has caused this Guaranty to be <br /> duly executed as of this 31. day of R,4 1992. <br /> ri <br /> • <br /> -2- <br />