1. MIDA Bond Hospice of Red River Valley

such remedy shall be cumulative and shall be in addition to every other remedy given under this Loan Agreement or now or hereafter existing at law or in equity. No delay or omission to exercise any right or power occurring upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and power may be exercised from time to time and as often as may be deemed expedient. In order to entitle the Issuer to exercise any remedy reserved to it in this Article 9, it shall not be necessary to give any notice, other than such notice as may be herein expressly required. SECTION 9.04. ATTORNEYS' FEES AND EXPENSES. In the event the Corporation should default under any of the provisions of this Loan Agreement and the Trustee or the Issuer should employ attorneys or incur other expenses for the collection of Basic Payments or the enforcement of performance of any obligation or agreement on the part of the Corporation, the Corporation will on demand pay to the Trustee or the Issuer the reasonable fee of such attorneys and such other expenses so incurred to the extent then permitted by State law. SECTION 9.05. EFFECT OF WAIVER. In the event any agreement contained in this Loan Agreement should be breached by either party and the breach is thereafter waived by the other party, such waiver shall be limited to the particular breach so waived and shall not be deemed to waive any other breach hereunder. SECTION 9.06. TRUSTEE'S EXERCISE OF THE ISSUER'S REMEDIES. Whenever any Event of Default shall have happened and be subsisting, the Trustee may, but except as otherwise provided shall not be obliged to, exercise any or all of the rights ofthe Issuer under this Article 9, upon giving the Corporation such notice as is required of the Issuer unless the Issuer has already given the required notice. (Remainder of this page intentionally left blank.) 9-3