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No delay or failure by the Secured Party to exercise any right or remedy shall be a waiver <br />of any such right or remedy and no single or partial exercise by the Secured Party of any <br />right or remedy shall preclude other or further exercise thierlHof lor the exericlise of any <br />other right or remedy at any time. <br />10, This Agreement and the security 'Interest in the Collateral created hereby shall terminate <br />when the Debtor has repaid the Secured Party the amount due on the Note and all other <br />indebtedness and liability from the Debtor to, the Secured Party whether now existing or <br />heafter exi <br />re sting. <br />No waiver by the Secured Party of any default shall be effective unliesis, in writing nor <br />operate as a waiver of any other de-fault or of the sanie de-fault on a future occaisilon. <br />-1 <br />12, The Secured Party is hereby appointed the Debtor's attorney- in-fact to do all things anu <br />acts necessary to perfect and to continue to perfect the security interest in tile Collateral <br />and to exercise its rights with respect to tile Collateral <br />215 091 5v 1 3 <br />