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b. Failure to perform any act or deed required of Borrower or any <br /> Guarantor or failure to refrain from any act prohibited, under this <br /> Agreement or under any related instrument or document executed in <br /> connection with this Agreement. <br /> C. Failure of the shareholders of Borrower to maintain their status as <br /> owners of Borrower. <br /> d. Any warranty, representation, or statement made or furnished to Lender <br /> by or on behalf of Borrower or any Guarantor that is false or misleading <br /> in any material respect, either now or at the time made or furnished. <br /> e. The dissolution or termination of Borrower's or a Corporate <br /> Guarantor's existence as a going business, insolvency, appointment of <br /> a receiver for any part of Borrower, or any Guarantors' property, any <br /> assignment for the benefit of creditors, any type of creditor workout, or <br /> the commencement of any proceeding under any Lender or insolvency <br /> laws by or against Borrower, or by or against any Guarantor. <br /> f. Failure to discharge taxes or other liens, other mortgages or charges <br /> levied or assessed against the Borrower or Corporate Guarantor, the <br /> business of the Borrower or Corporate Guarantor, or against the <br /> Collateral (other than the liens created under this Agreement by the <br /> parties). <br /> g. Lender, in good faith, deems itself insecure. <br /> h. Any other event defined as an event of default in any separate <br /> promissory note, mortgage, security agreement, or other instrument or <br /> document executed in connection with this Agreement that is not cured <br /> within any applicable notice or cure period. <br /> i. Death of any individual Guarantor. <br /> j. Any attempt by any Guarantor to revoke the guaranty or impair its <br /> enforceability. <br /> 7.2 Remedies. In the event default occurs, and Borrower fails to cure such default within 10 <br /> days after written notice from Lender to Borrower, Lender may exercise any one or more <br /> of the following rights and remedies: <br /> a. Declare the entire balance of any or all loans referred to in this <br /> Agreement as immediately due and payable. <br /> b. Take possession of the Collateral by self-help or judicial action, <br /> including collection of rents, foreclosure, and dispose of the collateral <br /> Page 5 of 9 <br /> 129662823v2 <br />