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2. DEFAULTS <br /> 2.1 EVENTS OF DEFAULT. The occurrence of any one or more of the following <br /> events shall constitute an event of default hereunder ("Event of Default"): <br /> (a) Operator removes the Improvements from the Property. <br /> (b) Operator fails to maintain the Improvements and the Property in good <br /> condition and repair in violation of Section 4.3 of the Loan Agreement and Operator fails to <br /> cure such default within 30 days following written notice from City. <br /> (c) Operator fails to maintain insurance as required pursuant to the Loan <br /> Documents, and Operator fails to cure such default within 10 days. <br /> (d) Any representation or warranty contained in this Agreement or any <br /> certificate furnished in connection with the Loan or in connection with any request for <br /> disbursement of Loan Proceeds proves to have been false or misleading in any material <br /> adverse respect when made. <br /> (e) Operator defaults in the performance of any term, provision, covenant <br /> or agreement (other than an obligation enumerated in this Section 2 contained in this Note) <br /> in any other Loan Document, and unless such document specifies a shorter cure period for <br /> such default, the default continues for ten (10) days in the event of a monetary default or <br /> thirty (30) days in the event of a nonmonetary default after the date upon which City shall <br /> have given written notice of the default to Operator (or such longer time as City may agree <br /> upon in writing), provided that in each case Operator commences to cure the default within <br /> thirty (30) days and thereafter prosecutes the curing of such default with due diligence and <br /> in good faith. <br /> (f) If an Event of Default shall have been declared under any other Loan <br /> Document, subject to the expiration of any applicable cure period set forth in such <br /> documents. <br /> 2.2 REMEDIES. Upon the occurrence of an Event of Default hereunder, City <br /> may, at its option (i) by written notice to Operator, declare the entire unpaid principal <br /> balance of this Note, together with all accrued interest thereon and all sums due hereunder, <br /> immediately due and payable regardless of any prior forbearance, (ii) exercise any and all <br /> rights and remedies available to it under applicable law, and (iii) exercise any and all rights <br /> and remedies available to City under this Note and the Loan Documents. Operator shall <br /> pay all reasonable costs and expenses incurred by or on behalf of City including, without <br /> limitation, reasonable attorneys' fees, incurred in connection with City's enforcement of this <br /> Note and the exercise of any or all of its rights and remedies hereunder. <br /> 2.3 Reserved. <br /> 3. MISCELLANEOUS <br /> 3.1. WAIVER. The rights and remedies of City under this Note shall be cumulative <br /> and not alternative. No waiver by City of any right or remedy under this Note shall be <br />