any Loan Document: (b) the failure of the Secured Party to Form No AIR 02.501.802 Page 6 of 12 EFTA00151941 EFTA00151942 assert any claim or Aernantj or then( • Oa Loi9Agarnerbny Whet limn e anspighd:r rer4dy against the Grantor or any other Person under the provisions of umetu or othenvise; or