SBA’S GENERAL PXXXXX. SBA may take any of the following actions at any time, without notice, without Guarantor(s)’ consent, and without making demand upon Guarantor(s):
SBA’S GENERAL PXXXXX. SBA may take any of the following actions at any time, without notice, without Guarantor(s)’ consent, and without making demand upon Guarantor(s):
A. Modify the terms of the Note or any other Loan Document except to increase the amounts due under the Note and any modifications of the Note;
B. Refrain from taking any action on the Note and any modifications of the Note, the Collateral, or any guarantee;
C. Release any Borrower or any guarantor of the Note and any modifications of the Note;
D. Compromise or settle with the Borrower or any guarantor of the Note and any modifications of the Note;
E. Substitute or release any of the Collateral, whether or not SBA receives anything in return;
F. Foreclose upon or otherwise obtain, and dispose of, any Collateral at public or private sale, with or without advertisement;
G. Bid or buy at any sale of Collateral by SBA or any other lienholder, at any price SBA chooses; and
H. Exercise any rights it has, including those in the Note and any modifications of the Note and other Loan Documents. These actions will not release or reduce the obligations of Guarantor(s) or create any rights or claims against SBA.
