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DocuSign Envelope ID:8C3F74D8-9960-4172-8CF5-29179CCD8C3E <br /> 8. Further Remedies— In addition to the remedies described in paragraph 7, upon the occurrence of an <br /> Event of Default the County may avail itself of all the rights and remedies of a secured party under <br /> the UCC, and at its option may: <br /> 8.1 Enter upon Borrower's premises to take possession of the Collateral or to render it unusable, or <br /> require Borrower to assemble the Collateral at any place designated by County reasonably <br /> convenient to the parties; <br /> 8.2 Give notice to the Borrower before taking any action pursuant to the UCC Financing Statement <br /> by mailing such notice to the Borrower's address as shown in this Agreement, at least ten (10) <br /> days before the proposed action. <br /> 8.3 Use the proceeds of the disposition of any Collateral to pay and discharge the Borrower's <br /> obligations as set forth in this Agreement and in the Note; and <br /> 8.4 Without other notice (except as set forth below or in the other documents executed and <br /> delivered pursuant to or in connection with the making of the loan contemplated by this <br /> Agreement) or demand whatsoever to the Borrower, all of which are hereby waived (to the <br /> extent permitted by law), and without advertisement, sell at public or private sale or otherwise <br /> realize upon, the whole, or from time to time, any part of the collateral, or any interest which the <br /> Borrower may have therein. <br /> 8.5 If any automobile is part of the Collateral, the Borrower agrees that a sale by the County of such <br /> vehicle at a price based upon a recognized automobile quotation, publication or a sale at a <br /> recognized automobile wholesale auction shall be deemed "commercially reasonable." <br /> 9. Financial records after a default—At any time the Borrower is in default or a payment due under the <br /> Agreement is not made, the Borrower hereby authorizes the County to make or cause to be made, <br /> at the Borrower's expense and in such manner and at such times as the County require, (a) <br /> inspections and audits of any books, records, and papers in custody or control of the Borrower or <br /> others, relating to the Borrower's financial or business conditions, including the making of copies <br /> thereof and extracts thereof, and (b) inspections and appraisals of any Borrower assets. Should the <br /> Borrower fail to make any payment due under the Agreement, the Borrower will furnish to the County <br /> for each one-month period from the date of disbursement of the loan proceeds covered by this <br /> Agreement, and for a six-month period thereafter, and semiannually thereafter(no later than 30 days <br /> following the expiration of any such period), and at such other times and in such form as the County <br /> may prescribe, the financial and operating statement of the business. <br /> 10. Costs and expenses related to remedial action - The Borrower agrees that all costs and expenses <br /> (including reasonable attorneys' fees and expenses for legal services of every kind) of, or incidental <br /> to, the custody, care, management, sale or collection of, or realization upon, any of the Collateral, or <br /> in any way relating to the enforcement or protection of the County's rights under this Agreement, <br /> shall be entitled to the benefits of this Agreement. The County may at any time apply to the payment <br /> of all such costs and expenses all monies of the Borrower or other proceeds arising from the <br /> possession or disposition of all or any portion of the Collateral. <br /> ESBLPLSA <br />