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Default:
<br /> The occurrence of any of the following events that is not cured within 10 days after written notice
<br /> from Lender to Borrower shall constitute an Event of Default under this Note:
<br /> (a) any breach or default in the payment or performance of this Note; or
<br /> (b) any breach or default under the terms of any other note, obligation,mortgage, deed
<br /> of trust, assignment, guaranty, other agreement, or other writing heretofore,
<br /> herewith or hereafter existing to which the Borrower or any endorser, guarantor or
<br /> surety of this Note or any other person or entity providing security for this Note or
<br /> for any guaranty of this Note is a party that is not cured within any applicable notice
<br /> or cure period; or
<br /> (c) the insolvency, death, dissolution, liquidation, merger or consolidation of the
<br /> Borrower or any endorser, guarantor, surety or other person or entity; or
<br /> (d) any appointment of a receiver, trustee or similar officer of any property of the
<br /> Borrower or any endorser, guarantor, surety or other person or entity; or
<br /> (e) any assignment for the benefit of creditors of the Borrower or any, endorser,
<br /> guarantor, surety or other person or entity; or
<br /> (f) any commencement of any proceeding under any bankruptcy, insolvency,
<br /> receivership, dissolution, liquidation or similar law by or against the Borrower or
<br /> any, endorser, guarantor, surety or other person or entity; or
<br /> (g) the sale, lease or other disposition (whether in one or more transactions) to one or
<br /> more persons or entities of all or a substantial part of the assets of the Borrower or
<br /> any, endorser, guarantor, surety or other person or entity; or
<br /> (h) Borrower or any, endorser, guarantor, surety or other person or entity takes any
<br /> action to go out of business, or to revoke or terminate any agreement, liability or
<br /> security in favor of the holder of this Note; or
<br /> (1) the entry of any judgment or other order for the payment of money in the amount
<br /> of$25,000.00 or more against the Borrower or any, endorser, guarantor, surety or
<br /> other person or entity; or
<br /> 0) the issuance or levy of any writ, warrant, attachment, garnishment, execution or
<br /> other process against any property of the Borrower or any, endorser, guarantor,
<br /> surety or other person or entity; or
<br /> (k) the attachment of any tax lien to any property of the Borrower or any, endorser,
<br /> guarantor, surety or other person or entity; or
<br /> (1) any statement, representation or warranty made by the Borrower or any, endorser,
<br /> guarantor, surety or other person or entity(or any representative of the Borrower or
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