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requests, shall be entitled to temporary and permanent injunctive relief in any such case without the <br />necessity of proving actual damages. <br />Section 6.12 Recourse to Directors or Officers. The obligations of Lender under this <br />Guaranty are solely the corporate obligations of Lender. No recourse shall be had for any obligation or <br />claim arising out of or based upon this Guaranty against any employee, officer, or director of Lender. <br />Section 6.13 WAIVER OF JURY TRIAL. AS A SPECIFICALLY BARGAINED <br />INDUCEMENT FOR LENDER TO ENTER INTO THIS GUARANTY AND EXTEND CREDIT TO <br />BORROWER, GUARANTOR AND LENDER EACH WAIVES TRIAL BY JURY WITH RESPECT TO <br />ANY ACTION, CLAIM, SUIT OR PROCEEDING IN RESPECT OF OR ARISING OUT OF THIS <br />GUARANTY. <br />IN WITNESS WHEREOF, Guarantor has made and executed this Guaranty as of the date first <br />above written. <br />Accepted this 15 day of March, 2012 <br />THE HOUSING AND REDEVELOPMENT <br />AUTHORITY IN AND FOR THE CITY OF <br />RAMSEY, MINNESOTA, a public body politic <br />and corporate under the laws of the State of <br />Minnesota <br />By: <br />Name: <br />Title:: Chair <br />By: <br />Name: <br />Title: Executive Director <br />4487552v3 <br />7 <br />BRIAN R. WINGES <br />