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Guaranty. Guarantor agrees to pay all costs and expenses, including reasonable attorneys' fees <br />and costs, which are incurred by County in connection with or incidental to any default by <br />Guarantor in the performance or observance of any provision contained herein, or the exercise or <br />enforcement by County of any of its rights or remedies under this Guaranty, including the <br />enforcement, compromise or settlement of the obligations of Guarantor arising hereunder or the <br />defense or assertion of any rights and claims of County hereunder, by litigation or otherwise. If <br />any provision of this Guaranty is held to be invalid or unenforceable, the validity or <br />enforceability of the other provisions of this Guaranty shall not be affected. <br />16. GUARANTOR AND COUNTY HEREBY KNOWINGLY, <br />VOLUNTARILY AND INTENTIONALLY WAIVE ANY RIGHT THEY MAY HAVE TO A TRIAL <br />BY JURY IN RESPECT OF ANY LITIGATION BASED ON THIS GUARANTY OR THE <br />ENFORCEMENT OF ANY COVENANT ARISING OUT OF, UNDER OR IN CONNECTION <br />WITH THIS GUARANTY, OR ANY COURSE OF CONDUCT, COURSE OF DEALING, <br />STATEMENT (WHETHER VERBAL OR WRITTEN) OR ACTION OF GUARANTOR OR <br />COUNTY. THIS PROVISION IS A MATERIAL INDUCEMENT FOR COUNTY'S ACCEPTANCE <br />OF THIS GUARANTY. <br />17. This Guaranty shall be governed by and construed in accordance with the <br />laws of the State of Florida. Guarantor irrevocably submits to the jurisdiction of any state or federal <br />court sitting in Indian River County of Florida over any suit, action or proceeding arising out of or <br />relating to this Guaranty. Guarantor hereby agrees that County shall have the option, in its sole <br />discretion, to lay the venue of any such suit, action or proceeding in the courts of the State of Florida or <br />the United States of America for the Southern District of Florida, and irrevocably waives, to the fullest <br />extent permitted by law, any objection which is may now or hereafter have to the laying of the venue <br />of any such suit, action or proceeding brought in such court and any claim that any such suit, action <br />or proceeding brought in such a court has been brought in an inconvenient forum. <br />0 <br />