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Section 3,5 Borrower's Obligations Unconditional. All payments required of the <br />Borrower hereunder shall be paid without notice or demand and without setoff, counterclaim, <br />abatement, deduction or defense. The Borrower will not suspend or disicontillUe any payments, <br />and will perform and observe all of its other agreements in, this Agreement, and, except as <br />expressly permitted herein, will not terminate this Agreement for any cause, including but not <br />limited to any acts or circumstances that may constitute fiallure of destruct1011 r consideration. o <br />I , ' <br />damage to the Project, eviction by paraniount title, commercial frListration of' purpose, <br />bankruptcy or insolvency of the City or the L,ender, change in the to or other laws or <br />adiii.inistrati've rLdings or actions of the United States of Ameri'ca, or of the State of Minnesota or <br />any political subdivision thereof, or failure of the City to plerforin and observe any agreem,ent, <br />whether express or *implied, or any duty, liability or obligiation arising out of or connected with <br />this Agreement. <br />Section 3.6 City's Administrative Fee, On the date hereof the, Borrower shall pay to <br />the City as an administrative I the amount of $70,000. <br />2144817v 1 10 <br />