SECTION # Remedies Cumulative. All of ’s rights and remedies, whether evidenced by this Security Agreement or by any other agreement, note, contract or understanding between and , shall be cumulative and may be exercised singularly or concurrently. Election of to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of under this Security Agreement, after ’s failure to perform, shall not affect ’s right to declare a default and to exercise his remedies.
SECTION # Remedies Cumulative. All of _Secured Party:’s rights and remedies, whether evidenced by this Security Agreement or by any other agreement, note, contract or understanding between _Debtor: and _Secured Party:, shall be cumulative and may be exercised singularly or concurrently. Election of _Secured Party: to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of _Debtor: under this Security Agreement, after _Debtor:’s failure to perform, shall not affect _Secured Party:’s right to declare a default and to exercise his remedies.
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