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5. Location Maintenance and Inspection of Collateral. Debtor shall keep, store or
<br />regularly garage all the Collateral of locations approved by Secured Party in writing. The Collateral is or
<br />will be kept at the following locations:
<br />313915 Uranium Street NW, Suite C
<br />Ramsey, MN 55303
<br />Debtor shall not move the Collateral to any other location without providing Secured Party with at least
<br />thirty (30) days' prior written notice of the change in location and, if the Collateral is moved to leased
<br />premises, with a written agreement in form and substance satisfactory to Secured Party from all lessors
<br />(including sublessors) of such premises (i) subordinating the interest of such lessors and sublessors, if
<br />any, in the Collateral to that of Secured Party, (ii) providing Secured Party with written notice of any
<br />default and a reasonable opportunity to cure such default, and (iii) permitting Secured Party or its agents
<br />to enter into the leased premises to inspect the Collateral, to take possession of the Collateral, and to
<br />remove the Collateral or to sell or .otherwise dispose of the Collateral from the leased premises. The
<br />parties may inspect any Collateral in the other party's possession at any time upon reasonable notice.
<br />6. Authorization to Secured Party. Debtor authorizes Secured Party, or any person or entity
<br />acting on behalf of Secured Party; without notice to or further consent by Debtor, to • prepare and file
<br />financing and amendment statements in order to perfect, continue, amend and/or terminate the Security
<br />Interest. Debtor agrees to pay all costs of preparing, filing and recording any records necessary to.
<br />perfect, continue, amend and/or terminate the Security Interest as required or requested by Secured Party.
<br />Debtor- also agrees to execute any further records and to take whatever other steps are required or
<br />requested. by Secured Party, and to cooperate with Secured Party, to obtain, perfect and continue the
<br />Security Interest whether by filing, possession, control or otherwise, including, but not limited to,
<br />obtaining, acknowledgments from third parties in possession of the Collateral that such third parties hold
<br />or will hold possession of the Collateral for the Secured Party's benefit.
<br />7. .Chan es in Debtor. Except upon the prior written approval of Secured Party, Debtor
<br />shall not (i) conduct business under any name(s) other than that given in Paragraph 3, (ii) change or
<br />reorganize the type of business entity under which Debtor does business, (iii) merge into or consolidate
<br />with any other entity, (iv) sell all or substantially all Debtor's assets, or (v) change Debtor's jurisdiction.
<br />of organization. If such prior written approval is given by Secured Party, then Debtor agrees that all
<br />records required or requested by Secured Party to perfect, continue, amend and/or terminate the Security
<br />Interest shall be prepared and filed before such change of name, change of business entity, merger or
<br />consolidation, sale of assets, or change of jurisdiction occurs.
<br />8. Maintenance of Collateral. Debtor has the risk of loss of the Collateral. Debtor shall
<br />(i) maintain all the Collateral in good condition, (ii) pay promptly all taxes, judgments, or charges of any
<br />kind levied or .assessed on the Collateral, (iii) keep current all rent due on premises where the Collateral
<br />is located, and (iv) maintain insurance on all the Collateral against hazards, in such amounts and with
<br />such companies as Secured Party may require, all such insurance policies to be iri the .possession of
<br />Secured Party and to contain lender's loss payable clauses naming Secured Party in a manner satisfactory
<br />to Secured Party. Debtor. hereby assigns to Secured Party any proceeds of such policies and all unearned
<br />premiums thereon, and authorizes and empowers Secured Party to collect such sums and to execute and
<br />endorse in Debtor's name all proofs of loss, drafts, checks and any other records necessary to accomplish
<br />such collections, and any persons or entities making payments to Secured Party under the terms of this
<br />Paragraph are hereby relieved absolutely from any obligation to see to the application of any sums so
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