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(g) If Borrowers: (i) fail to pay when due any amount due under this <br /> Agreement, the Note, or any other documents listed in Section 3; (ii) fails to perform any <br /> other obligation to be performed under this Agreement, the Note, the Security <br /> Agreement, or any other document executed by Borrowers pursuant to this Agreement; or <br /> (iii) fails to pay any amount or perform any obligation under any other note, or other <br /> agreement now or hereafter made by Borrowers in favor of or with Lender or otherwise <br /> now or hereafter held by Lender, and such failure continues beyond any applicable cure <br /> period. <br /> (h) If Borrowers fail to timely provide Lender any information necessary for <br /> Lender to perfect its security interest in the Equipment. <br /> (i) Any representation or warranty by Borrowers contained herein or in the <br /> Note, the Security Agreement, or any other instrument required hereunder is false or <br /> untrue in any material respect when made. <br /> (j) A default under the Personal Guaranty or the Security Agreement beyond <br /> any applicable notice and cure period. <br /> Upon the occurrence of an Event of Default, Lender, at its option, shall, in addition to any other <br /> remedies which it might be entitled to by law,have the right to: <br /> (a) Take possession of the Equipment; <br /> (b) Perform such other acts or deeds which reasonably may be necessary to <br /> cure any default existing under this Agreement, and to this end, it is hereby agreed as <br /> follows: <br /> (i) All sums expended by Lender in effectuating its rights under <br /> paragraphs (ii) and (iii) of this paragraph shall be deemed to have <br /> been advanced under this Agreement and to be secured by the <br /> Security Agreement and any other security document required under <br /> this Agreement as security for the Loan. <br /> (ii) Borrowers hereby constitute and appoint Lender their true and <br /> lawful attorney-in-fact with full power of substitution either in the <br /> name of Lender or in the name of Borrowers or in the name of both, <br /> for the following purposes: (A) to prosecute and defend all actions <br /> or proceedings in connection with the Loan Property or the <br /> Equipment and do any and every act which Borrowers might do in <br /> their own behalf; (B) to perform each of the terms, covenants and <br /> conditions to be kept and performed by Borrowers under any <br /> contracts and/or leases obtained or held by Borrowers in connection <br /> with the operation of the Loan Property and any other contracts; (C) <br /> without limiting the foregoing, to perform each of the terms, <br /> 7 <br /> 491713v1 EL185-46 <br />