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a. Mortgagee may, by written notice to Mortgagor, declare immediately due and payable all unmatured
<br />Indebtedness secured by this Mortgage, and the same shall thereupon be immediately due and payable, without further notice or
<br />demand.
<br />b. Mortgagee shall have and may exercise with respect to all personal property and fixtures which are part of the
<br />Mortgaged Property, and with respect to the Revenues and Income, all the rights and remedies accorded upon default to a secured
<br />party under the Uniform Commercial Code, as in effect in the State of Minnesota. If notice to Mortgagor of intended disposition
<br />of such property is required by law in a particular instance, such notice shall be deemed commercially reasonable if given to
<br />Mortgagor (in the manner specified in paragraph 28) at least 10 calendar days prior to the date of intended disposition. Mortgagor
<br />shall pay on demand all costs and expenses incurred by Mortgagee in exercising such rights and remedies, including without
<br />limitation, reasonable attorneys' fees and legal expenses.
<br />c. Mortgagee may (and is hereby authorized and empowered to) foreclose this Mortgage by action or
<br />advertisement, pursuant to the statutes of the State of Minnesota in such case made and provided, power being expressly granted
<br />to sell the Mortgaged Property at public auction and convey the same to the purchaser in fee simple, and, out of the proceeds arising
<br />from such sale, to pay all Indebtedness secured hereby with interest, and all legal costs and charges of such foreclosure -and the
<br />maximum attorneys' fees permitted by law, which costs, charges and fees Mortgagor agree to pay.
<br />d. Mortgagor hereby waives all right of homestead exemption in the Mortgaged Property.
<br />23. Waiver of Riehts Reeardine Remedies. Mortgagor understands and agrees that if an "Event of Default" (as
<br />defined in paragraph 21) shall occur, Mortgagee has the right, among others, to foreclose this Mortgage by advertisement pursuant
<br />to Minnesota Statutes, Chapter 580 as now in effect or as it may be hereafter amended, or pursuant to any similar or replacement
<br />statute hereafter enacted. That under said Chapter 580 as now in effect, if Mortgagee elects to foreclose by advertisement, it may
<br />cause the Mortgaged Property, or any part thereof, to be sold at public auction; that notice of such sale must be published for six
<br />weeks and served upon all persons in possession of the Mortgaged Property at least four weeks before the sale; that after sale,
<br />Mortgagor will have six or twelve months or such other period as may then be provided by law, if any, to redeem the Mortgaged
<br />Property so sold, depending upon circumstances outlined in Minnesota Statutes, Section 580.23, by paying the sale price, any taxes,
<br />assessments and insurance premiums paid by the purchaser at such sale and other sums permitted by law, together with interest
<br />thereon from the date of sale at the highest rate permitted by law.
<br />Mortgagor further understands that in the event of such default, Mortgagee may take possession of any personal property
<br />covered by this Mortgage and dispose of the same by sale or otherwise in one or more parcels; provided that at least 10 days' prior
<br />notice of such disposition that must be given to Mortgagor, all as provided for by the Minnesota Uniform Commercial Code, as
<br />now in effect or as hereafter amended, or by any similar or replacement statute hereafter enacted.
<br />Mortgagor further understands that under the Constitution of the United States and the State of Minnesota, Mortgagor
<br />may have the right to notice and hearing before the Mortgaged Property may be sold and that the procedure for foreclosure by
<br />advertisement described above does not insure that notice will be given to Mortgagor, and neither said procedure for foreclosure
<br />by advertisement nor the Uniform Commercial Code requires any such hearing or other Judicial proceeding.
<br />MORTGAGOR HEREBY RELINQUISHES, WAIVES AND GIVES UP MORTGAGOR'S CONSTITUTIONAL
<br />RIGHTS, IF ANY, TO NOTICE AND HEARING BEFORE SALE OF THE MORTGAGED PROPERTY AND EXPRESSLY
<br />CONSENT AND AGREE THAT THE MORTGAGED PROPERTY MAY BE FORECLOSED BY ADVERTISEMENT AND
<br />THAT PERSONAL PROPERTY COVERED BY THIS MORTGAGE AND SECURITY AGREEMENT MAY BE DISPOSED
<br />OF PURSUANT TO THE UNIFORM COMMERCIAL CODE, ALL AS DESCRIBED ABOVE.
<br />24. Waiver of Marshalline. Mortgagor, any party who consents to this Mortgage and any party who now or
<br />hereafter acquires a lien on the Mortgaged Property and who has actual or constructive notice of this Mortgage hereby waives any
<br />and all right to require the marshalling of assets in connection with the exercise of any of the remedies permitted by applicable law
<br />or provided herein.
<br />25. Forbearance by Mortgagee Not a Waiver. Any delay by Mortgagee in exercising any right or remedy hereunder,
<br />or otherwise afforded by law or equity shall not be a waiver of or preclude the exercise of such right or remedy or any other right
<br />or remedy hereunder or at law or equity. The failure of Mortgagee to exercise any option to accelerate maturity of the Indebtedness
<br />secured by the Mortgage, the forbearance by Mortgagee before or after the exercise of such option, or the withdrawal or
<br />abandonment of proceedings provided for by this Mortgage shall not be a waiver of the right to exercise such option or to accelerate
<br />the maturity of such Indebtedness by reason of any past, present or future event which would permit acceleration under paragraph
<br />22 hereof. The procurement of insurance or the payment of taxes or other liens or charges by Mortgagee shall not be a waiver of
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