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25 <br /> or remedy shall operate as a waiver thereof. No waiver of any rights and remedies hereunder, and no <br /> modification or amendment hereof, shall be deemed made by Landlord unless in writing and duly signed by <br /> Landlord. Any such written waiver shall apply only to the particular instance specified therein and shall not <br /> impair the further exercise of such right or remedy or of any other right or remedy of Landlord, and no single or <br /> partial exercise of any right or remedy hereunder shall preclude any other or further exercise thereof or of any <br /> right or remedy. <br /> 8. This Guaranty shall inure to the benefit of, and be enforceable by, Landlord and its successors and <br /> assigns as owners of the Landlord's interest in the Lease or in the Lease Premises and shall be binding upon and <br /> enforceable against, Guarantors and their respective heirs, legal representatives and assigns. <br /> 9. If Guarantors are other than an individual, the officers, agents or others executing this Guaranty on <br /> behalf of the Guarantors personally warrant and represent to Landlord that they have been authorized to execute <br /> this Guaranty by and on behalf of the Guarantors. <br /> 10. This Guaranty shall be governed by the internal laws of the State of North Carolina. <br /> IN WITNESS WHEREOF, Guarantors have executed this Guaranty, under seal, the day and year first above <br /> written. <br /> (SEAL) <br /> (print name of Guarantor) <br /> (SEAL) <br /> (print name of Guarantor) <br /> Initials <br /> 22 <br /> (308 W.Franklin St.) Landlord Tenant <br />