6.1 EDSR 12-19-2016 - Laserfiche WebLink

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covenants and conditions to be kept or performed by Borrowers under this Agreement, the Security Agreement and any other instrument required under this Agreement; and (D) to do all things that Lender reasonably deems necessary or advisable for the purpose of carrying out the powers enumerated in (A), (B), (C) and (D) of this Subparagraph(ii); (iii) The powers herein granted Lender shall be deemed to be powers coupled with an interest and the same are irrevocable; (c) cancel this Agreement; (d) bring appropriate action to enforce such performance and the correction of such Event of Default; (e) declare the entire unpaid principal of the Note and all accrued interest thereon immediately due and payable without notice; (fl exercise any remedies under the Personal Guaranty or the Security Agreement, foreclose any other security instrument referred to in this Agreement and/or exercise any other rights or remedies it may have under the Personal Guaranty, the Security Agreement and any other security instruments. 16. Default under Note and Security Agreement. The failure by Borrowers to keep or perform any of the terms, covenants and conditions to be kept or performed by either of them under this Agreement shall constitute a default under the Note, the Security Agreement and any other security instrument held by Lender in connection with the Loan. 17. Notices. Any notices given hereunder shall be in writing and shall be deemed to have been given when delivered personally or three (3) days after deposited in the United States mail,registered,postage prepaid, addressed as follows: If to Heritage: Heritage Millwork, Inc. 15725 Jarvis St.NW Elk River,Minnesota 55330 Attention: Patrick Menth If to Tradition: Tradition Furnishings, Inc. 15725 Jarvis St. NW Elk River, Minnesota 55330 Attention: Patrick Menth If to Lender: 8 491713v1 EL185-46