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h. Death of an Individual Guarantor to the extent life insurance assigned or pledged to <br /> the Lender, or other sources of funds or security, are unavailable to reasonably <br /> substitute for the financial security which the deceased Individual Guarantor had <br /> provided to the Lender with his/her Guaranty during his/her life. <br /> i. Any attempt by any Guarantor to revoke the guaranty or impair its enforceability. <br /> 7.2 Remedies. In the event default occurs, Lender may exercise anyone or more of the <br /> following rights and remedies: <br /> a. Declare the entire balance of the Loan referred to in this Agreement or any or all <br /> loans governed by this Agreement as immediately due and payable. <br /> b. Take possession of the Collateral by self help or judicial action, foreclosure, or other <br /> procedures and dispose of the Collateral pursuant to applicable laws of the State or <br /> Federal Governments. <br /> C. Commence and prosecute an action to collect the debt from Borrower or any <br /> Guarantor, or any or all of them. <br /> d. Refuse to make any further advances under this Agreement or under any instrument <br /> or document executed in connection with this Agreement. <br /> e. Exercise such additional or alternative remedies as are available to Lender under the <br /> terms of this Agreement, under any instrument or document executed in connection <br /> with this Agreement, or under applicable law. <br /> PART 8, INDEMNIFICATION <br /> 8.1 Indemnification. <br /> (a) Borrower shall and does hereby agree to indemnify and to hold Lender, and its <br /> officers, agents, and employees, harmless for any and all liability, loss, or damage <br /> that it may incur under or by reason of this Agreement, and of and from any and all <br /> claims and demands whatsoever that may be asserted against Lender by reason of <br /> any alleged obligations or undertakings on its part to perform or discharge any of the <br /> terms, covenants, or agreements contained herein. <br /> (b) Should Lender, or its officers, agents, or employees incur any such liability or be <br /> required to defend against any claims or demands pursuant to this Section, or should <br /> a judgment be entered against Lender, the amount thereof, including costs, expenses, <br /> and attorneys fees, shall bear interest thereon at the rate then in effect on the Note, <br /> shall be secured hereby, shall be added to the Loan, and Borrower shall reimburse <br /> Lender for the same immediately upon demand, and upon the failure of Borrower to <br /> do so, Lender may declare the Loan immediately due and payable. <br /> (c) This indemnification and hold harmless provision shall survive the execution, <br /> delivery, and performance of this Agreement and the creation and payment of any <br /> 8 <br />