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� �l� �• <br /> I � <br /> 1 1 y <br /> -25- <br /> Cardwell to Decatur when due (or, if permitted by the terms of <br /> the applicable document, within any applicable grace period) , <br /> whether such indebtedness shall become due by scheduled maturity, <br /> by required prepayment, by acceleration, by demand or otherwise, <br /> or failure to perform any term, covenant or agreement on its part <br /> to be performed under any agreement or instrument with Decatur <br /> (other than this Agreement) evidencing or securing or relating to <br /> any indebtedness owing by Cardwell to Decatur when required to be <br /> performed if the effect of such failure is to permit the holder <br /> to accelerate the maturity of such indebtedness. <br /> 8.2 Effects of an Event of Default. <br /> (a) Upon the happening of one or more Events of Default, <br /> (except a default under Section 8. 1(d) hereof) , Decatur may . <br /> declare its obligations hereunder to be canceled and the <br /> principal balance of the Note then outstanding to be immediately <br /> due and payable, together with all accrued interest thereon and <br /> fees and expenses allowed under this Agreement. Upon such <br /> declaration, the Note then outstanding shall become immediately <br /> due and payable without presentment, demand or further notice of <br /> any kind to Cardwell, and interest from date of default, will be <br /> assessed at the Default Interest Rate. <br /> (b) Upon the happening of one or more Events of Default <br /> under Section 8. 1(d) hereof, the principal balance of the Note <br /> then outstanding, together with all accrued interest thereon and <br /> fees and expenses allowed under this Agreement, shall become <br />