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QS-27-1993 CONSTRUCTION LOAN AGREEI'~VT pays. g . Loan •No 700007062 (Continued) droumstartce, such finding shall not render that provision invalid or unenforceable as to any other persons or circumstances. If feasible, any s~ ich offending provision shag be deemed to lie modified to be within the IfmNs of entorceability or validity; however, if the offending provision cannot .be so modified, K shah be stricken and all other provisions of this Agreement in all other respects shall remain valid and enforceable. Survivd. Afl warranties, representations, and covenants made by Borrower in this Agreement or in any certificate or other instrument delivered by Borrower to Lender under this Agreement shah be considered to have been relied upon by Lender and wN1 survive the making of the Loan I_nd deUvery to Lender of the Related Documents, regardless of any investigetlon made by Lender or on Lenders behalf. Time la of the Essence. Time is of the essence in the performance of this Agreement. Wdver. Lender shall not be deemed to have waived any rights under this Agreement unless such waiver is given in writing and signed) iby Lender. No delay or om~sfon on the part of Lender in exercising any right shall operate as a waiver of such right or any other right. A waived Iby Lender of a provision of this Agreement shall not prejudice or constitute a waiver of Lender's right otherwise to demand strict compliance with I •lat provision or any other provision of this Agreement. No prior waiver by Lender, nor any course of deaUng between Lender and Borrower, or between Lender and any Grantor, shah consttute a waiver of any of Lender's rights or of any obligations of Borrower or of any Grantor as to r,ny future transactlons. Whenever the cor~ent of Lender fs required under this Agreement, the granting of such consent by Lender in any instal s~ shah not constitute continuirp consent in subsequent instanr:es where such consent. is required and in ail cases such consent may be grantee or withheld in the sole discretion of Lender. EXHIBITS. REFER TO EXHIBIT "A" AND "B" ATTACHED HERETO AND MADE A PART HEREOF. BORROWER ACKNOWLEDGE8 HAVING READ ALL THE PROVISIONS OF THIS CONSTRUCTION LOAN AGREEMENT, AND BORROW :Tt AGREES TO IT8 TERMS. THIS AGREEMENT IS DATED AS OF MAY 27, 19li3. BORROWER: ROTARY CL ~E NTON TH DICK HOWARD, PRESI LEN COM UNITY IRST A AL BAN Bye Author) LASER PRO, Rsp. U.S. Pat. 8 T.M. Ott., Ver. 3.78 (c) 79Y3 CFI Bankers Servk:s Oroup, inc. All rights reservstl. lCA-C47 77082.LN g22.OVL]