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£ Any proceeding against the Mortgagor or any Guarantor of the type <br />referred to in clause (d) above seeking any such relief shall have remained unstayed or <br />undismissed for an aggregate of twenty days (whether or not consecutive); <br />g. A trustee, receiver or liquidator of the Mortgagor or any Guarantor or of <br />any substantial part of its properties or assets shall be appointed with the consent or acquiescence <br />of the Mortgagor or any Guarantor, or any such appointment, if not so consented to or <br />acquiesced in, shall remain unvacated or unstayed for an aggregate of twenty days (whether or <br />not consecutive); <br />h. Execution shall have been levied against the Mortgaged Property or any <br />lien creditor's suit to enforce a judgment against the Mortgaged Property shall have been brought <br />and (in either case) shall continue unstayed and in effect for a period of more than ten <br />consecutive calendar days; <br />There shall exist a default or condition that will in the reasonable opinion <br />of the Mortgagee entitle the lessee of 10% or more of the leasable square footage of the <br />Mortgaged Property in aggregate to terminate their leases, and said lessees shall not have <br />excused or waived such default or condition; or <br />j. The Mortgagee shall reasonably suspect the occurrence of one or more <br />Events of Default and Mortgagor, upon request of the Mortgagee, shall fail to promptly provide <br />evidence reasonably satisfactory to Mortgagee that such Event or Events of Default have not in <br />fact occurred. <br />2.2 Remedies. Upon the occurrence of an Event of Default or at any time thereafter <br />until such Event of Default is cured to the satisfaction of Mortgagee, Mortgagee may, at its <br />option, exercise any or all of the following rights and remedies (and any other rights and <br />remedies now or then available to it, either hereunder or at law or in equity, including, without <br />limitation, the rights and remedies provided in the Loan Agreement or in the Assignment of <br />Rents and Leases); <br />a. Mortgagee may, without notice to Mortgagor, declare all Indebtedness <br />immediately clue and payable, and the same shall thereupon be immediately due and payable; <br />and <br />b. Mortgagee may foreclose this Mortgage by action or advertisement, and <br />Mortgagor hereby authorizes Mortgagee to do so, power being herein expressly granted to sell <br />the Mortgaged Property at public auction without any prior hearing or notice thereof and to <br />convey the same to the purchaser, in fee simple, pursuant to the statutes of Minnesota in such <br />case made and provided and out of the proceeds arising from such sale, to pay all Indebtedness <br />with interest, and all legal costs and charges of such foreclosure and the maximum attorneys' fees <br />permitted by law, which costs, charges, and fees Mortgagor agrees to pay. In the event of a sale <br />under this Mortgage, whether by virtue of judicial proceedings or otherwise, the Mortgaged <br />12 <br />32 <br />