Document:

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                                                                   EXHIBIT 10.46

                               TERM LOAN AGREEMENT

         THIS TERM LOAN AGREEMENT ("Agreement") is dated as of October 28, 2003,
between HEI, INC., a Minnesota corporation ("Borrower"), located at 1495 Steiger
Lake Lane, Victoria, MN 55386 and COMMERCE FINANCIAL GROUP, INC., a Minnesota
corporation ("Lender"), located at 7650 Edinborough Way, Suite 160, Edina, MN
55435.

                                   WITNESSETH:

         WHEREAS, Borrower has applied to Lender for a loan of $1,150,000.00
secured by the Collateral (as hereinafter defined);

         WHEREAS, Lender is willing to make such loan on the terms hereof;

         NOW, THEREFORE, in consideration of the above premises and the mutual
covenants and agreements set forth herein, the parties hereto hereby agree as
follows:

                                    ARTICLE I

                                   DEFINITIONS

         1.       Definitions. For purposes of this Agreement, the following
terms shall have the following meanings:

         "Affiliate" shall include, with respect to any party, any Person which
directly or indirectly controls, is controlled by, or is under common control
with such party and, in addition, in the case of Borrower, each officer,
director, shareholder, joint venturer and partner of Borrower. A Person shall be
deemed to control another Person if the controlling Person owns 10% or more of
any class of voting stock of the controlled Person or possesses, directly or
indirectly, the power to direct or cause the direction of the management and
policies of the controlled Person, whether through ownership of stock, by
contract or otherwise.

         "Bank Note" means that certain $1,200,000 promissory note dated as of
October 14, 2003 executed by Borrower in favor of Lender.

         "Borrower" has the meaning set forth in the preamble hereto.

         "Collateral" means the Equipment and the Project.

         "Debt" means (i) indebtedness for borrowed money or for the deferred
purchase price of property or services, (ii) obligations as lessee under leases
that have been or should be, in accordance with GAAP, recorded as capital
leases, (iii) obligations under direct or indirect guaranties in respect of, and
obligations (contingent or otherwise) to purchase or otherwise acquire, or
otherwise to assure a creditor against loss in respect of, indebtedness or
obligations of others of the kinds referred to in

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(i) or (ii) above, and (vi) liabilities in respect of unfunded vested benefits
under plans covered by Title IV of ERISA.

         "Debt Service Coverage Ratio" for any measurement period means a ratio
the numerator of which is (A) (i) the sum of Borrower's trailing twelve-month
(a) after-tax net income (as defined by GAAP); (b) depreciation, (c)
amortization, and (d) interest expense on Borrower's term debt; less (ii) any
cash or asset distributions or dividends paid to shareholders in such
twelve-month period and the denominator of which is (B) Borrower's aggregate
payments on Debt, including interest, on such Debt (including, without
limitation, any payments on capitalized leases allocable to principal and
interest in accordance with GAAP) scheduled to have been paid during such
twelve-month measurement period.

         "Default" means any event, which, with the giving of notice or passage
of time or both, would constitute an Event of Default.

         "Equipment" means all equipment of Borrower now or hereafter located at
HEI, Inc., High Density Interconnect Division, 610 South Rockford Drive, Tempe,
Arizona, including but not limited to, machinery, vehicles, furniture, fixtures,
manufacturing equipment, shop equipment, office and record keeping equipment,
parts and tools.

         "Event of Default" has the meaning set forth in Article 8.

         "GAAP" means accounting principles generally accepted in the United
States of America including those promulgated by the Securities and Exchange
Commission, consistently applied.

         "Improvements" means the approximate 45,408 square foot
office/manufacturing/warehouse facility known as the HEI, Inc. corporate office
and manufacturing facility located upon the Property at 1495 Steiger Lake Lane,
Victoria, MN 55386.

         "Lender" has the meaning set forth in the preamble hereto.

         "Loan Documents" means this Agreement and the other documents listed in
Section 2.1(a)-(f) hereof, and any other document that now or hereafter
evidences or secures the Obligations.

         "Loan Year" means a period commencing on November 1, 2003, or any
anniversary thereof and ending on the 365th, or in the case of a leap year, the
366th day thereafter.

         "Mortgage" has the meaning provided in Section 2.1(f) hereof.

         "Note" has the meaning provided in Section 2.1(b) hereof.

         "Obligations" means the indebtedness evidenced by the Note and all
other advances, debts, liabilities, obligations, covenants and duties owing by
Borrower of any kind or nature, present or future, which arise under this
Agreement or any other Loan Document, whether or not evidenced by any note,
guaranty or other instrument, whether or not for the payment of money, whether
joint,

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several, or joint and several, direct or indirect (including those acquired by
assignment or purchase), absolute or contingent, due or to become due, and
however acquired. The term includes, but is not limited to, all interest, fees,
charges, expenses, attorneys' fees, and any other sum chargeable to Borrower
under this Agreement or any other Loan Document.

         "Payment Reserve Account" has the meaning provided in Section 6.9
hereof.

         "Person" means any natural person, corporation, firm, association,
government, governmental agency or other entity, whether acting in an
individual, fiduciary or other capacity.

         "Project" means the Improvements and the Property.

         "Property" means the real property located in the County of Carver,
State of Minnesota, legally described on Exhibit A attached hereto and made a
part hereof.

         "Security Agreement" has the meaning provided in Section 2.1(c) hereof.

         "Title Company" means Stewart Title Company.

         "Whitebox Subordinated Note" means that certain Subordinated Promissory
Note issued by Borrower to Colorado MEDtech, Inc. in the original principal
amount of $2,600,000.00 dated as of January 24, 2003, and assigned to Whitebox
Hedged High Yield Partners on or about May 8, 2003.

                                   ARTICLE II

                                 LOAN DOCUMENTS

         2.       Documents Delivered Herewith. Prior to or contemporaneously
with the execution of this Agreement, Borrower has delivered to Lender the
following documents and/or instructions:

         2.1      The Loan Documents:

                  (a)      This Agreement properly executed and delivered on
                           behalf of Borrower;

                  (b)      Promissory Note (the "Note") properly executed and
                           delivered on behalf of Borrower in the amount of
                           $1,150,000.00, made payable by Borrower to Lender's
                           order;

                  (c)      Commercial Security Agreement (the "Security
                           Agreement") in a form satisfactory to Lender executed
                           by Borrower securing the Note and creating a lien
                           upon the Equipment;

                  (d)      Listing of the Equipment in a form satisfactory to
                           Lender;

                  (e)      UCC-1 Financing Statement; and

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                  (f)      Combination Mortgage, Security Agreement, Assignment
                           of Rents and Fixture Financing Statement (the
                           "Mortgage") in a form satisfactory to Lender executed
                           by Borrower securing the Note and creating a lien
                           upon the Property and the Project subject only to
                           those encumbrances shown on Exhibit B hereto.

         2.2      The Title Documents:

                  (a)      A title binder, in form and substance satisfactory to
                           Lender, issued by Gibraltar Title Agency, LLC on
                           behalf of Stewart Title Company, at Borrower's
                           expense, with such title binder constituting a
                           commitment by such title company to issue a
                           mortgagee's title policy or policies in favor of
                           Lender as mortgagee under the Mortgage in the amount
                           of $1,000,000 that:

                           (i)      specifically insures that the Mortgage is a
                                    junior lien on the Property subject only to
                                    a first lien on the Property in the amount
                                    of $1,200,000 in favor of Commerce Bank
                                    those encumbrances shown on Exhibit B of the
                                    Mortgage; and

                           (ii)     contains a comprehensive endorsement, a
                                    usury endorsement, a zoning endorsement, and
                                    such other endorsements as Lender may
                                    require in form satisfactory to Lender.

                  (b)      Evidence of payment of all required real estate taxes
                           and special assessments, mortgage registration tax,
                           title insurance premiums and costs and recording
                           fees.

         2.3      The Project Documents:

                  (a)      A FIRREA complying appraisal of the Project, showing
                           an appraised value of not less than $2,200.000 and
                           otherwise satisfactory to Lender, receipt and
                           acceptance of which is hereby acknowledged; and

                  (b)      A Phase I environmental report in form and content
                           acceptable to Lender in its sole and absolute
                           discretion, showing no substantial environmental
                           hazards on the Project, receipt and acceptance of
                           which is hereby acknowledged; and

                  (c)      Evidence satisfactory to Lender of policies of
                           insurance coverage on the Property and the Project in
                           the amount required by the Mortgage;

                  (d)      A policy of flood insurance naming Lender as
                           additional insured, covering the Property and the
                           Improvements in the maximum amount available, or
                           evidence satisfactory to Lender that the Property and
                           Improvements are not located within a designated
                           flood plain;

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                  (e)      A letter from the appropriate governmental entity
                           stating the zoning classification which is applicable
                           to the Property and stating that the use of the
                           Project is a permitted use under such zoning
                           classification; and

         2.4      The Organization Documents:

                  (a)      A copy of the Articles of Incorporation of Borrower
                           and all amendments thereto, certified by the
                           Secretary of Borrower to be true, correct and
                           complete;

                  (b)      A copy of the Bylaws of Borrower, certified by an
                           officer of Borrower to be true, correct and complete;

                  (c)      A resolution of Borrower in form reasonably
                           satisfactory to Lender regarding the execution by
                           Borrower of the Loan Documents and all other
                           documents or instruments required to be executed and
                           delivered in connection herewith and the performance
                           of the covenants and agreements required hereby; and,
                           together with a certificate executed by the Secretary
                           of Borrower indicating the names and titles of
                           persons authorized to execute the Loan Documents and
                           other documents required hereunder;

                  (d)      Certificate of Good Standing of recent date for
                           Borrower issued by the Secretary of State of
                           Minnesota; and

                  (e)      An opinion of counsel for Borrower with respect to
                           certain matters relating to the transactions
                           contemplated by this Agreement.

                                   ARTICLE III

                                    TERM LOAN

         3.1.     Commitment for Term Loan. Subject to the terms and conditions
hereof and of the Loan Documents and the other documents delivered herewith,
Lender hereby lends to Borrower and Borrower hereby borrows from Lender, the
amount of $1,150,000.00 (the "Loan").

         3.2.     Use of Proceeds. The proceeds of the Loan shall be used by
Borrower to paydown its working capital line of credit and to fund the Payment
Reserve Account.

                                   ARTICLE IV

                              CONDITIONS OF LENDING

         4.1      Conditions Precedent to Term Loan Advance. Lender shall have
no obligation to make the Loan unless on or before the date of disbursement,
Lender shall have received the following or confirmation of completion of the
following events:

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                  (a)      The documents for the Loan set forth in Article II of
                           this Agreement properly executed and delivered to
                           Lender;

                  (b)      Establishment of the Payment Reserve Account by
                           Borrower;

                  (c)      Payment of the loan commitment fee in the amount of
                           $5,750.00; and

                  (d)      Evidence satisfactory to Lender that the Whitebox
                           Subordinated Note has been paid in full.

                                    ARTICLE V

                         REPRESENTATIONS AND WARRANTIES

         5.       Representations and Warranties. In order to induce Lender to
enter into this Agreement, Borrower hereby represents and warrants that:

                  5.1      Organization and Good Standing. Borrower is a duly
         organized and validly existing Minnesota corporation, in good standing
         and qualified and licensed to do business under the laws of the State
         of Minnesota.

                  5.2      Authority. Borrower has full power, right and
         authority to execute and deliver the Loan Documents and the other
         documents required hereby, to borrow the funds herein provided for, and
         to perform and observe each and all of the matters and things provided
         for in said documents. The execution and delivery of the Loan Documents
         and such other documents as are required hereby and the performance or
         observance of the terms hereof and thereof have been duly authorized by
         all necessary action of the board of directors of Borrower.

                  5.3      Binding Obligation. This Agreement is, and the other
         Loan Documents when delivered hereunder will be, legal, valid and
         binding obligations of Borrower enforceable against Borrower in
         accordance with their respective terms.

                  5.4      Ownership of Collateral. Borrower (a) is the owner of
         the Equipment and has no knowledge of any unrecorded claims, liens, and
         encumbrances against the Equipment, and (b) is the owner of the
         Property in fee simple and of all personal property described in the
         Mortgage and has no knowledge of any unrecorded claims, liens, and
         encumbrances against the Property or the personal property described in
         the Mortgage.

                  5.5      Compliance with Laws. The Improvements have been
         approved, to the extent required by any applicable law, statute,
         including, without limitation, the ADA, ordinance, regulation, or
         effective restrictive covenant, by all federal, state, regional and
         local authorities, and the anticipated use of the Property and the
         Project comply with all applicable zoning and environmental ordinances,
         regulations and restrictive covenants affecting the Property and the
         Project and all requirements for such use have been satisfied. No
         violation

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         of any law, ordinance, regulation or requirement exists with respect to
         the Property or the Project.

                  5.6      ERISA. No plan (as that term is defined in the
         Employee Retirement Income Security Act of 1974 ("ERISA")) of the
         Borrower (a "Plan") that is subject to Part 3 of Subtitle B of Title 1
         of ERISA had an accumulated funding deficiency (as such term is defined
         in ERISA) as of the last day of the most recent fiscal year of such
         Plan ended prior to the date hereof, or would have had such an
         accumulated funding deficiency on such date if such year were the first
         year of such Plan, and no material liability to the Pension Benefit
         Guaranty Corporation has been, or is expected by the Borrower to be,
         incurred with respect to any such Plan. No Reportable Event (as defined
         in ERISA) has occurred and is continuing in respect to any such Plan.

                  5.7      Litigation. Except as set forth on Schedule 5.7,
         there are no actions, suits or proceedings pending, or to the knowledge
         of Borrower threatened, against or affecting it in an amount in excess
         of $100,000, or against or affecting the Equipment or the Property or
         the Project, or involving the validity or enforceability of the
         Security Agreement or the Mortgage or the priority of the lien thereof,
         at law or in equity, except actions, suits and proceedings fully
         covered by insurance; and Borrower is not in default with respect to
         any order, writ, injunction, decree or demand of any court or any
         governmental authority.

                  5.8      Compliance with Agreements. The consummation of the
         transaction contemplated hereby and performance of the Loan Documents
         will not result in any breach of, or constitute a default under, any
         mortgage, deed of trust, lease, bank loan or credit agreement,
         corporate agreement, corporate charter, by-law or other instrument to
         which Borrower is a party or by which it may be bound or affected.

                  5.9      Absence of Defaults. No Default or Event of Default
         has occurred and is continuing as of the date hereof hereunder or under
         the Existing Loan Documents.

                  5.10     Availability of Utilities. All utility services
         necessary for the operation of the Improvements for their intended
         purpose are available to the Project, including water, storm and
         sanitary sewer, drainage, gas, electric and telephone facilities.

                  5.11     Accuracy of Financial Information. All financial
         statements of Borrower heretofore delivered to Lender, are true and
         correct in all material respects, have been prepared in accordance with
         GAAP, and fairly present the respective financial conditions of the
         subjects thereof as of the respective dates thereof; no materially
         adverse change has occurred in the financial conditions reflected
         therein since the respective dates thereof, and no additional
         borrowings have been made by Borrower since the date thereof other than
         the borrowing contemplated hereby.

                  5.12     Survival of Representations. All representations and
         warranties contained in this Article 3 shall survive the delivery of
         the Loan Documents, the making of the Loan, and no investigation at any
         time made by or on behalf of Lender shall diminish its rights to rely
         thereon.

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                                   ARTICLE VI

                        AFFIRMATIVE COVENANTS OF BORROWER

         6.       Affirmative Covenants. To further induce Lender to make the
requested loan, Borrower hereby covenants and agrees that it will:

                  6.1.     Maintenance of Insurance. At all times, insure the
         Equipment and the Property and the Improvements in the manner set forth
         in the Security Agreement and in Section 2.01 of the Mortgage, and from
         time to time, upon Lender's request, furnish it evidence of such
         coverage in form satisfactory to Lender and its counsel.

                  6.1.     Payment of Taxes, etc. Promptly pay and discharge all
         taxes, assessments and other governmental charges imposed upon it or
         upon its income and profits or upon the Project, and any and all claims
         for labor, material or supplies or rental charges or charges of any
         other kind which, if unpaid, might by law become a lien or charge upon
         any of its property, except as Borrower shall contest in good faith and
         by appropriate proceedings, providing such reserves as appropriate by
         GAAP. Borrower shall make all required withholding deposits.

                  6.3      Maintenance of Properties. Maintain all of its
         properties in good repair, working order and condition, ordinary wear
         and tear excepted, and from time to time make or cause to be made all
         needful renewals, replacements and repairs so that at all times
         Borrower's business can be conducted efficiently.

                  6.4      Accounting Records. Keep true and complete and
         accurate books of record and account in accordance with GAAP, and allow
         Lender upon Lender's request to examine and take extracts from the
         books and records of Borrower.

                  6.5      Financial Information. Furnish to Lender:

                  (a)      As soon as available and in any event within ninety
                           (90) days after the close of each of its fiscal
                           years, a copy of the annual financial statements of
                           Borrower, including balance sheet, related statements
                           of earnings, stockholders' equity and statements of
                           cash flow for such year, prepared in accordance with
                           GAAP, and audited by an independent certified public
                           accountant of recognized standing selected by
                           Borrower and acceptable to Lender;

                  (b)      Within forty-five (45) days after the end of
                           Borrower's fiscal quarters, financial statements of
                           Borrower as of the end of each such calendar quarter
                           which statements have been prepared in accordance
                           with GAAP and certified by Borrower's chief financial
                           officer; and

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                  (c)      From time to time such other information pertaining
                           to Borrower and its properties and financial
                           condition as Lender may reasonably request.

         Provision of the foregoing, as between Borrower and Lender, shall be at
         the sole cost and expense of Borrower.

                  6.6      Conduct of Business. Conduct the same general type of
         business as it presently conducts, maintain its existence, and continue
         its compliance with all valid, applicable statutes, laws, rules and
         regulations.

                  6.7      Right of Inspection. Permit any person designated by
         Lender to visit and inspect any of the properties, partnership books
         and financial records of Borrower to discuss its affairs, finances and
         accounts with the officers of Borrower, all at such reasonable times
         and as often as Lender may reasonably request.

                  6.8      Notices. As soon as practicable, but in no event
         later than five (5) business days after Borrower obtains knowledge
         thereof, give notice to Lender of:

                  (a)      the commencement of any uninsured litigation relating
                           to Borrower in which the damages claimed exceed
                           $50,000.00 or relate to the Equipment, the Property
                           or the Improvements or the operation thereof;

                  (b)      the commencement of any material arbitration or
                           governmental investigation or proceeding not
                           previously disclosed by Borrower to Lender which has
                           been instituted or, to the knowledge of Borrower, is
                           threatened against Borrower or to which any property
                           of Borrower is subject which, if determined adversely
                           to Borrower, would have a material adverse effect
                           upon Borrower;

                  (c)      any adverse development which occurs in any
                           litigation, arbitration or governmental investigation
                           or proceeding previously disclosed by Borrower to
                           Lender which, if determined adversely to Borrower,
                           would have a material adverse effect upon Borrower;
                           or

                  (d)      any Default or Event of Default.

                  6.9      Payment Reserve Account. On the date hereof,
         establish an account with Lender (the "Payment Reserve Account") in the
         amount of $50,000.00, which account shall bear interest at a rate not
         less than the average yield of United States Treasury obligations
         adjusted to a constant maturity of 30 days as published in the Federal
         Reserve Board Release H.15 on the first business day of each month. At
         any time after the occurrence and during the continuation of any Event
         of Default, Lender may, at any time or from time to time, apply funds
         in the Payment Reserve Account to cure any Event of Default hereunder,
         without waiving such Event of Default, or any default, whether or not
         declared, under any other Loan Document or to the payment of any
         amounts, in such order as Lender may elect, as shall have become or
         shall become due and payable by Borrower under this Agreement or any
         other

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         Loan Document. If Lender so applies funds in the Payment Reserve
         Account as provided in the preceding sentence, Borrower shall pay to
         Lender, within ten (10) days after demand therefor, an amount equal to
         the amount so applied in order to restore the funds in the Payment
         Reserve Account to $50,000.00. Borrower's failure to restore the funds
         in the Account to $50,000.00 as provided in this Section 6.9 shall be
         deemed an Event of Default hereunder and shall entitle Lender to the
         exercise of all of Lender's rights and remedies under the Loan
         Documents. No Person, including, without limitation, Borrower, shall
         have any right to withdraw any of the funds held in the Payment Reserve
         Account, except that upon payment of all amounts payable by Borrower to
         Lender under this Agreement or under any other Loan Document, any funds
         remaining in the Payment Reserve Account shall be returned by Lender to
         Borrower or paid to whomever may be legally entitled thereto.

         Notwithstanding the foregoing, provided that there is not then an Event
         of Default (as defined in the Mortgage) which has occurred and is
         continuing under the Loan, the amount held by Lender in the Payment
         Reserve Account will be released by Lender to Borrower upon the earlier
         of (i) Borrower reporting four consecutive fiscal quarterly periods of
         pre-tax earnings, (ii) Borrower successfully raises additional capital
         of a least $7,500,000, or (iii) the last day of the second Loan Year.

                  6.10     Debt Service Coverage Ratio. Beginning as of
         Borrower's fiscal quarter ended February 28, 2005, and at all times
         thereafter during the term of the loan, maintain a Debt Service
         Coverage Ratio equal to or greater than 1.20:1, which ratio shall be
         calculated based on Borrower's 10-Q and 10-K Reporting and measured as
         of the last day of each fiscal quarter of Borrower for the immediately
         preceding twelve-month period.

                  6.11.    Prepaid Loan Payment. On the date hereof, deposit
         with Lender a prepaid loan payment in the amount of $28,462.50, which
         shall be applied to the Loan by Lender on the due date of the final
         loan payment due under the Loan or upon such earlier prepayment of the
         Loan by Borrower.

                                   ARTICLE VII

                         NEGATIVE COVENANTS OF BORROWER

         7.       Negative Covenants. Borrower covenants and agrees that for so
long as it is indebted to Lender, it will not, without Lender's prior written
consent:

                  7.1      Liens. Create or suffer to exist any mortgage,
         pledge, lien, security interest or other lien or encumbrance of any
         kind, of or upon (i) the Equipment or, (ii) the Property or the
         Improvements, or of or upon the income or profits therefrom, except
         those encumbrances made in favor of Lender or Commerce Bank.

                  7.2      Defaults. Default upon or fail to pay any contract or
         fail to pay any of its debts or obligations as the same mature.

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                  7.3      Leases of the Property. Enter into any oral or
         written leases of the Equipment or the Property or the Improvements
         without the prior written consent of Lender.

                  7.4      Dividends, Distributions, etc. Pay any dividend or
         make any distribution of assets to shareholders of Borrower or any
         Affiliate of Borrower.

                  7.5      Consolidation, Merger, Sale of Assets; etc.
         Consolidate with or merge into or with any other Person, or sell (other
         than sales in the ordinary course of business), transfer, lease or
         otherwise dispose of all or a substantial part of its assets.

                                  ARTICLE VIII

                                     DEFAULT

         8.1      Events of Default. The occurrence of any of the following
events shall constitute an "Event of Default":

         (a)      If Borrower (i) fails to pay when due or, if payable on
                  demand, upon demand, any principal of the Note or the Bank
                  Note, or prepayment premium (if applicable), or (ii) fails to
                  pay when due or, if payable on demand, upon demand, any
                  interest on the Note or the Bank Note or fees under this
                  Agreement, and, in the case of a default under this clause
                  such default continues for ten (10) days; or

         (b)      If Borrower defaults in the due performance and observance of
                  any covenants set forth in this Agreement, the Mortgage, or
                  any other Loan Document and such default or breach shall
                  continue for a period of thirty (30) days after written notice
                  thereof to Borrower by Lender; or

         (c)      If any financial statement, certificate, representation, or
                  warranty made by or on behalf of Borrower shall prove to have
                  been incorrect in any material respect or any representation
                  made herein is untrue when made or becomes untrue with the
                  passage of time; or

         (d)      If Borrower (i) becomes insolvent or fails to pay its debts
                  generally as they become due, (ii) suspends business, (iii)
                  makes a general assignment for the benefit of creditors, (iv)
                  admits in writing its inability to pay its debts generally as
                  they mature, (v) files a petition in bankruptcy or a petition
                  or answer seeking liquidation of it or a reorganization,
                  arrangement with creditors or other similar relief under the
                  Federal bankruptcy laws or under any other applicable law of
                  the United States of America or any state thereof, whether now
                  or hereafter in effect, (vi) petitions for or applies to any
                  tribunal for, or consents to the appointment of a trustee,
                  custodian, liquidator, receiver or similar official for it or
                  for a substantial part of its property, (vii) is adjudicated a
                  bankrupt or has an involuntary petition in bankruptcy, or a
                  case commenced against it under the Federal bankruptcy laws,
                  as now or hereafter in effect, and an order for relief entered
                  therein, (viii) takes any action for the purpose of effecting
                  or consenting to any of the foregoing, or (ix) has an order,
                  judgment or

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                  decree entered appointing without such entity's consent, a
                  trustee, custodian, liquidator, receiver or similar official
                  for it or for a substantial part of its property, or approving
                  a petition in any such proceeding or approving a petition
                  filed or case commenced against it seeking liquidation of it
                  or a reorganization, arrangement with creditors or other
                  similar relief under the Federal bankruptcy laws or under any
                  other applicable law of the United States of America or any
                  State thereof, whether now or hereafter in effect, which
                  order, judgment or decree shall not be vacated or set aside or
                  stayed within 60 days from the date of entry; or

         (e)      If Borrower fails to pay any Debt (but excluding Debt
                  evidenced by the Note) of the Borrower, or any interest
                  thereon, when due (whether by scheduled maturity, required
                  prepayment, acceleration, demand or otherwise) and such
                  failure shall continue after the applicable grace period, if
                  any, specified in the agreement or instrument relating to such
                  Debt; or any other default under any agreement or instrument
                  relating to any such Debt, or any such Debt shall be declared
                  to be due and payable or required to be prepaid (other than by
                  scheduled required prepayment), prior to the stated maturity
                  thereof; or

         (f)      If judgment for the payment of money in excess of $100,000.00
                  is entered against Borrower and is not stayed, vacated,
                  bonded, paid, discharged or appealed in good faith within 60
                  days after the entry thereof; or

         8.2      Rights and Remedies. If any Event of Default shall occur and
be continuing, Lender may, at its option (in addition to Lender's rights under
the Note, the Security Agreement, the Mortgage, or any other Loan Document),
exercise any or all of the following rights and remedies:

         (a)      Declare the Note, all interest thereon, and all other
                  obligations under, or pursuant to, any Loan Document to be
                  immediately due and payable, and upon such declaration such
                  Note, interest and other obligations shall immediately be due
                  and payable, without presentment, demand, protest or any
                  notice of any kind, all of which are expressly waived; and/or

         (b)      Exercise any right or remedy specified herein and in the other
                  Loan Documents, including (without limiting the generality of
                  the foregoing) the right to foreclose the Mortgage and/or the
                  Security Agreement or any other right or remedy available to a
                  mortgagee or secured party at law or in equity; and/or

         (c)      Exercise any other right or remedy available to Lender at law,
                  in equity or under statute; and/or

         (d)      Cure the event of default on behalf of Borrower, and, in doing
                  so, may enter upon the Project, and may expend such sums as it
                  may reasonably deem desirable, including attorneys' fees, all
                  of which shall be deemed to be advances hereunder, even though
                  causing the Loan to exceed the face amount of the Note, shall
                  bear interest at the Default Rate (as defined in the Note) and
                  shall be payable by Borrower on demand.

                                      -12-

<PAGE>

                                   ARTICLE IX

                                  MISCELLANEOUS

         9.1      No Waiver; Cumulative Remedies. No failure or delay on the
part of Lender in exercising any right or remedy under, or pursuant to, any Loan
Document shall operate as a waiver thereof, nor shall any single or partial
exercise of any such right, remedy or power preclude other or further exercise
thereof, or the exercise of any other right, remedy or power. The remedies in
the Loan Documents are cumulative and are not exclusive of any remedies provided
by law.

         9.2      Amendments and Waivers. No amendment, change, waiver or
modification of this Agreement or any Loan Document shall be valid unless the
same is in writing and is signed by Lender, and no waiver by Lender of any
breach or default by Borrower of any of its obligations, agreements or covenants
under this Agreement or any Loan Document shall be deemed to be a waiver of any
subsequent breach of the same, or any other obligation, agreement or covenant,
nor shall any forbearance by Lender to seek or enforce a remedy for such breach
be deemed a waiver of its rights and remedies with respect to such breach.

         9.3      Survival of Representations and Warranties. All
representations and warranties contained herein or made in writing by or on
behalf of Borrower in connection with the transactions contemplated hereby shall
survive the execution and delivery of this Agreement and the advances hereunder.
All statements contained in any certificate or other instrument delivered by or
on behalf of Borrower pursuant thereto or in connection with the transactions
contemplated hereby shall constitute representations and warranties by Borrower.

         9.4      Notices. All notices and other communications provided under
this Agreement shall be in writing (including telecopier communication) and
mailed, telecopied or delivered, if to Borrower, at its address stated in the
preamble hereof, Attention: CEO & CFO; and if to Lender, at its address stated
in the preamble hereof, Attention: James E. Senske; or, as to each party, at
such other address as shall be designated by such party in a written notice to
the other party. Any such notice shall be deemed effective (a) upon personal
delivery; (b) upon the third business day (as hereinafter defined) after the
placing thereof in the United States mail, postage prepaid, certified or
registered mail; or (c) upon the business day succeeding the day in which said
notice is deposited with a national overnight air carrier, fees prepaid.

         9.5      Costs and Expenses. Borrower agrees to pay on demand all
reasonable costs, expenses and disbursements of Lender in connection with
Borrower's application for the Loan, the preparation of the Loan Documents and
closing of the Loan, including reasonable attorneys' fees and legal expenses, as
well as all costs and expenses of Lender in connection with Lender's enforcement
of the obligations of Borrower hereunder or under the Note or any other Loan
Documents, whether or not suit is commenced including, without limitation,
reasonable attorneys' fees and legal expenses in connection with any appeal of a
lower court's order or judgment. The obligations of Borrower under this Section
9.5 shall survive any termination of this Agreement.

         9.6      Right of Set-off. Upon the occurrence and during the
continuance of any Event of Default, Lender is hereby authorized at any time,
and from time to time, to the fullest extent

                                      -13-

<PAGE>

permitted by law, to set off and apply any and all deposits (general or special,
time or demand, provisional or final) at any time held and other indebtedness at
any time owing by Lender to or for the credit or the account of Borrower against
any and all of the obligations of Borrower, now or hereafter existing under any
Loan Document, irrespective of whether or not Lender shall have made any demand
under any Loan Document and although such obligations may be unmatured. Lender
agrees promptly to notify Borrower after any such set-off and application,
provided that the failure to give such notice shall not affect the validity of
such set-off and application. The rights of Lender under this Section 9.6 are in
addition to other rights and remedies (including, without limitation, other
rights of set-off) that Lender may have.

         9.7      Governing Law. This Agreement and all other Loan Documents
shall be governed by, interpreted, and construed in accordance with the laws of
the State of Minnesota. Any term used in this Agreement and not otherwise
defined shall have the definition given that term in the Uniform Commercial Code
as in effect in the State of Minnesota from time to time, and such definition
automatically shall change on the effective date of any amendment to the Uniform
Commercial Code that changes such definition. If any term in this Agreement
shall be held to be illegal or unenforceable, the remaining portions of this
Agreement shall not be affected, and this Agreement shall be construed and
enforced as if this Agreement did not contain the term held to be illegal or
unenforceable. The Borrower hereby irrevocably submits to the jurisdiction of
the Minnesota District Court, Fourth District, and the Federal District Court,
District of Minnesota, Fourth Division, over any action or proceeding arising
out of or relating to this Agreement and agrees that all claims in respect of
such action or proceeding may be heard and determined in any such court.

         9.8      Successors and Assigns. This Agreement shall be binding upon
and inure to the benefit of the successors and assigns of the parties hereto
except that Borrower's rights hereunder are not assignable.

         9.9      Execution in Counterparts. This Agreement may be executed
simultaneously in two or more counterparts, each of which shall be an original,
but all of which shall constitute one agreement.

         9.10     Headings. Section headings contained in this Agreement are for
convenience only and shall not be used in construing any provision of this
Agreement.

              THE BALANCE OF THIS PAGE IS INTENTIONALLY LEFT BLANK

                                      -14-

<PAGE>

         IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
executed the date and year first above written.

                                    HEI, INC.

                                    By: /s/ DOUGLAS NESBIT
                                        ----------------------------------------
                                        Its: Chief Financial Officer
                                             -----------------------------------

                                    COMMERCE FINANCIAL GROUP, INC.

                                    By: /s/ JIM E. SENSKE
                                        ----------------------------------------
                                        Its: President
                                             -----------------------------------

                                      -15-<PAGE>
                                                                   EXHIBIT 10.47

--------------------------------------------------------------------------------
           DEBTOR NAME AND ADDRESS                SECURED PARTY NAME AND ADDRESS

HEI, INC.                                      COMMERCE FINANCIAL GROUP, INC.
1495 STEIGER LAKE LANE                         7650 EDINBOROUGH WAY, STE 160
VICTORIA, MN   55386                           EDINA, MN   55435

41-0944876

Type: [ ] individual  [ ] partnership [X] corporation [ ]
                                                         -----------------
State of organization/registration (if applicable)  MN
                                                   ----
[ ] If checked, refer to addendum for additional Debtors and signatures.
--------------------------------------------------------------------------------
                          COMMERCIAL SECURITY AGREEMENT

The date of this Commercial Security Agreement (Agreement) is 10-28-2003.
SECURED DEBTS. This Agreement will secure all sums advanced by Secured Party
under the terms of this Agreement and the payment and performance of the
following described Secured Debts that (check one) [X] Debtor [ ]
                                          (Borrower) owes to Secured Party:

     [ ] Specific Debts.  The following debts and all extensions, renewals,
         refinancing, modifications, and replacements (describe):

     [X] All Debts. All present and future debts, even if this Agreement is not
         referenced, the debts are also secured by other collateral, or the
         future debt is unrelated to or of a different type than the current
         debt. Nothing in this Agreement is a commitment to make future loans or
         advances.

SECURITY INTEREST. To secure the payment and performance of the Secured Debts,
     Debtor gives Secured Party a security interest in all of the Property
     described in this Agreement that Debtor owns or has sufficient rights in
     which to transfer an interest, now or in the future, wherever the Property
     is or will be located, and all proceeds and products of the Property.
     "Property" includes all parts, accessories, repairs, replacements,
     improvements, and accessions to the Property; any original evidence of
     title or ownership; and all obligations that support the payment or
     performance of the Property. "Proceeds" includes anything acquired upon the
     sale, lease, license, exchange, or other disposition of the Property; any
     rights and claims arising from the Property; and any collections and
     distributions on account of the Property. This Agreement remains in effect
     until terminated in writing, even if the Secured Debts are paid and Secured
     Party is no longer obligated to advance funds to Debtor or Borrower.

PROPERTY DESCRIPTION.  The Property is described as follows:

     [ ] ACCOUNTS AND OTHER RIGHTS TO PAYMENT: All rights to payment, whether or
         not earned by performance, including, but not limited to, payment for
         property or services sold, leased, rented, licensed, or assigned. This
         includes any rights and interests (including all liens) which Debtor
         may have by law or agreement against any account debtor or obligor of
         Debtor.

     [ ] INVENTORY: All inventory held for ultimate sale or lease, or which has
         been or will be supplied under contracts of service, or which are raw
         materials, work in process, or materials used or consumed in Debtor's
         business.

     [ ] EQUIPMENT: All equipment including, but not limited to, machinery,
         vehicles, furniture, fixtures, manufacturing equipment, farm machinery
         and equipment, shop equipment, office and record keeping equipment,
         parts, and tools. The Property includes any equipment described in a
         list or schedule Debtor gives to Secured Party, but such a list is not
         necessary to create a valid security interest in all of Debtor's
         equipment.

     [ ] INSTRUMENTS AND CHATTEL PAPER: All instruments, including negotiable
         instruments and promissory notes and any other writings or records that
         evidence the right to payment of a monetary obligation, and tangible
         and electronic chattel paper.

     [ ] GENERAL INTANGIBLES: All general intangibles including, but not limited
         to, tax refunds, patents and applications for patents, copyrights,
         trademarks, trade secrets, goodwill, trade names, customer lists,
         permits and franchises, payment intangibles, computer programs and all
         supporting information provided in Collection with a transaction
         relating to computer programs, and the right to use Debtor's name.

     [ ] DOCUMENTS: All documents of title including, but not limited to, bills
         of lading, dock warrants and receipts, and warehouse receipts.

     [ ] FARM PRODUCTS AND SUPPLIES: All farm products including, but not
         limited to, all poultry and livestock and their young, along with their
         produce, products, and replacements; all crops, annual or perennial,
         and all products of the crops; and all feed, seed, fertilizer,
         medicines, and other supplies used or produced in Debtor's farming
         operations.

     [ ] GOVERNMENT PAYMENTS AND PROGRAMS: All payments, accounts, general
         intangibles, and benefits including, but not limited to, payments in
         kind, deficiency payments, letters of entitlement, warehouse receipts,
         storage payments, emergency assistance and diversion payments,
         production flexibility contracts, and conservation reserve payments
         under any preexisting, current, or future federal or state government
         program.

     [ ] INVESTMENT PROPERTY: All investment property including, but not limited
         to, certificated securities, uncertificated securities, securities
         entitlements, securities accounts, commodity contracts, commodity
         accounts, and financial assets.

     [ ] DEPOSIT ACCOUNTS: All deposit accounts including, but not limited to,
         demand, time, savings, passbook, and similar accounts.

     [X] SPECIFIC PROPERTY DESCRIPTION: The Property includes, but is not
         limited by, the following (if required, provide real estate
         description):

         ALL EQUIPMENT OF DEBTOR WHETHER NOW OR HEREAFTER LOCATED AT HEI, INC.,
         HIGH DENSITY INTERCONNECT DIVISION, 610 S. ROCKFORD DR, TEMPE, AZ
         85281. DEBTOR REPRESENTS THAT THE EQUIPMENT LOCATED AT THE ABOVE
         ADDRESS IS DESCRIBED ON ATTACHED EXHIBIT A.

USE OF PROPERTY.  The Property will be used for [ ]  personal  [X]
business  [ ]  agricultural [ ]                               purposes.

--------------------------------------------------------------------------------
SIGNATURES. Debtor agrees to the terms on pages 1 and 2 of this Agreement and
acknowledges receipt of a copy of this Agreement.

                 DEBTOR                            SECURED PARTY

HEI, INC.                                   COMMERCE FINANCIAL GROUP, INC.

/s/ Doug Nesbit                             /s/ James Senske
---------------------------------------     ------------------------------------
DOUG NESBIT                                 JAMES SENSKE
CHIEF FINANCIAL OFFICER                     PRESIDENT

--------------------------------------------------------------------------------

<PAGE>

GENERAL PROVISIONS. Each Debtor's obligations under this Agreement are
independent of the obligations of any other Debtor. Secured Party may sue each
Debtor individually or together with any other Debtor. Secured Party may release
any part of the Property and Debtor will remain obligated under this Agreement.
The duties and benefits of this Agreement will bind the successors and assigns
of Debtor and Secured Party. No modification of this Agreement is effective
unless made in writing and signed by Debtor and Secured Party. Whenever used,
the plural includes the singular and the singular includes the plural. Time is
of the essence.

APPLICABLE LAW. This Agreement is governed by the laws of the state in which
Secured Party is located. In the event of a dispute, the exclusive forum, venue,
and place of jurisdiction will be the state in which Secured Party is located,
unless otherwise required by law. If any provision of this Agreement is
unenforceable by law, the unenforceable provision will be severed and the
remaining provisions will still be enforceable.

NAME AND LOCATION. Debtor's name indicated on page 1 is Debtor's exact legal
name. If Debtor is an individual, Debtor's address is Debtor's principal
residence. If Debtor is not an individual, Debtor's address is the location of
Debtor's chief executive offices or sole place of business. If Debtor is an
entity organized and registered under state law, Debtor has provided Debtor's
state of registration on page 1. Debtor will provide verification of
registration and location upon Secured Party's request. Debtor will provide
Secured Party with at least 30 days notice prior to any change in Debtor's name,
address, or state of organization or registration.

WARRANTIES AND REPRESENTATIONS. Debtor has the right, authority, and power to
enter into this Agreement. The execution and delivery of this Agreement will not
violate any agreement governing Debtor or Debtor's property, or to which Debtor
is a party. Debtor makes the following warranties and representations which
continue as long as this Agreement is in effect:

         (1)      Debtor is duly organized and validly existing in all
                  jurisdictions in which Debtor does business;

         (2)      the execution and performance of the terms of this Agreement
                  have been duly authorized, have received all necessary
                  governmental approval, and will not violate any provision of
                  law or order;

         (3)      other than previously disclosed to Secured Party, Debtor has
                  not changed Debtor's name or principal place of business
                  within the last 10 years and has not used any other trade or
                  fictitious name; and

         (4)      Debtor does not and will not use any other name without
                  Secured Party's prior written consent.

Debtor owns all of the Property, and Secured Party's claim to the Property is
ahead of the claims of any other creditor, except as otherwise agreed and
disclosed to Secured Party prior to any advance on tile Secured Debts. The
Property has not been used for any purpose that would violate any laws or
subject the Property to forfeiture or seizure.

DUTIES TOWARD PROPERTY. Debtor will protect the Property, and Secured Party's
interest against any competing claim. Except as otherwise agreed, Debtor will
keep the Property in Debtor's possession at the address indicated on page 1 of
this Agreement. Debtor will keep the Property in good repair and use the
Property only for purposes specified on page 1. Debtor will not use the Property
in violation of any law and will pay all taxes and assessments levied or
assessed against the Property. Secured Party has the right of reasonable access
to inspect the Property, including the right to require Debtor to assemble and
make the Property available to Secured Party. Debtor will immediately notify
Secured Party of any loss or damage to the Property. Debtor will prepare and
keep books, records, and accounts about the Property and Debtor's business, to
which Debtor will allow Secured Party reasonable access.

         Debtor will not sell, offer to sell, license, lease, or otherwise
transfer or encumber the Property without Secured Party's prior written consent.
Any disposition of the Property will violate Secured Party's rights, unless the
Property is inventory sold in the ordinary course of business at fair market
value. If the Property includes chattel paper or instruments, either as original
collateral or as proceeds of the Property, Debtor will record Secured Party's
interest on the face of the chattel paper or instruments.

         If the Property includes accounts, Debtor will not settle any account
for less than the full value, dispose of the accounts by assignment, or make any
material change in the terms of any account without Secured Party's prior
written consent. Debtor will collect all accounts in the ordinary course of
business, unless otherwise required by Secured Party. Debtor will keep the
proceeds of the accounts, and any goods returned to Debtor, in trust for Secured
Party and will not commingle the proceeds or returned goods with any of Debtor's
other property. Secured Party has the right to require Debtor to pay Secured
Party the full price on any returned items. Secured Party may require account
debtors to make payments under the accounts directly to Secured Party. Debtor
will deliver the accounts to Secured Party at Secured Party's request. Debtor
will give Secured Party all statements, reports, certificates, lists of account
debtors (showing names, addresses, and amounts owing), invoices applicable to
each account, and any other data pertaining to the accounts as Secured Party
requests.

         If the Property includes farm products, Debtor will provide Secured
Party with a list of the buyers, commission merchants, and selling agents to or
through whom Debtor may sell the farm products. Debtor authorizes Secured Party
to notify any additional parties regarding Secured Party's interest in Debtor's
farm products, unless prohibited by law. Debtor agrees to plant, cultivate, and
harvest crops in due season. Debtor will be in default if any loan proceeds are
used for a purpose that will contribute to excessive erosion of highly erodible
land or to the conversion of wetland to produce or to make possible the
production of an agricultural commodity, further explained in 7 CPR Part 1940,
Subpart G, Exhibit M. If Debtor pledges the Property to Secured Party (delivers
the Property into the possession or control of Secured Party or a designated
third party), Debtor will, upon receipt, deliver any proceeds and products of
the Property to Secured Party. Debtor will provide Secured Party with any
notices, documents, financial statements, reports, and other information
relating to the Property Debtor receives as the owner of the Property.

PERFECTION OF SECURITY INTEREST. Debtor authorizes Secured Party to file a
financing statement covering the Property. Debtor will comply with, facilitate,
and otherwise assist Secured Party in connection with obtaining possession or
control over the Property for purposes of perfecting Secured Party's interest
under the Uniform Commercial Code.

INSURANCE. Debtor agrees to keep the Property insured against the risks
reasonably associated with the Property until the Property is released from this
Agreement. Debtor will maintain this insurance in the amounts Secured Party
reasonably requires. Debtor may choose the insurance company, subject to Secured
Party's approval, which will not be unreasonably withheld. Debtor will have the
insurance provider name Secured Party as loss payee on the insurance policy.
Debtor will give Secured Party and the insurance provider immediate notice of
any loss. Secured Party may apply the insurance proceeds toward the Secured
Debts. Secured Party may require additional security as a condition of
permitting any insurance proceeds to be used to repair, or replace the Property.
If Secured Party acquires the Property in damaged condition, Debtor's rights to
any insurance policies and proceeds will pass to Secured Party to the extent of
the Secured Debts. Debtor will immediately notify Secured Party of the
cancellation or termination of insurance. If Debtor fails to keep the Property
insured, or fails to provide Secured Party with proof of insurance, Secured
Party may obtain insurance to protect Secured Party's interest in the Property.
The insurance may include coverages not originally required of Debtor, may be
written by a company other than one Debtor would choose, and may be written at a
higher rate than Debtor could obtain if Debtor purchased the insurance.

AUTHORITY TO PERFORM. If Debtor fails to perform any of Debtor's duties under
this Agreement, Secured Party is authorized, without notice to Debtor, to
perform the duties or cause them to be performed. These authorizations include,
but are not limited to, permission to pay for the repair, maintenance, and
preservation of the Property and take any action to realize the value of the
Property. Secured Party's authority to perform for Debtor does not create an
obligation to perform, and Secured Party's failure to perform will not preclude
Secured Party from exercising any other rights under the law or this Agreement.

         If Secured Party performs for Debtor, Secured Party will use reasonable
care. Reasonable care will not include any steps necessary to preserve rights
against prior parties or any duty to take action in connection with the
management of the Property.

         If Secured Party comes into possession of the Property, Secured Party
will preserve and protect the Property to the extent required by law. Secured
Party's duty of care with respect to the Property will be satisfied if Secured
Party exercises reasonable care in the safekeeping of the Property or to the
selection of a third party in possession of the Property.

<PAGE>

         Secured Party may enforce the obligations of an account debtor or other
person obligated on the Property. Secured Party may exercise Debtor's rights
with respect to the account debtor's or other person's obligations to make
payment or otherwise render performance to Debtor, and enforce any security
interest that secures such obligations.

PURCHASE MONEY SECURITY INTEREST. If the Property includes items purchased with
the Secured Debts, the Property purchased with the Secured Debts will remain
subject to Secured Party's security interest until the Secured Debts are paid in
full. Payments on any non-purchase money loan also secured by this Agreement
will not be applied to the purchase money loan. Payments on the purchase money
loan will be applied first to the non-purchase money portion of the loan, if
any, and then to the purchase money portion in the order in which the purchase
money Property was acquired. If the purchase money Property was acquired at the
same time, payments will be applied in the order Secured Party selects. No
security interest will be terminated by application of this formula.

DEFAULT. Debtor will be in default if:

         (1)      Debtor (or Borrower, if not the same) fails to make a payment
                  in full when due;

         (2)      Debtor fails to perform any condition or keep any covenant on
                  this or any debt or agreement Debtor has with Secured Party;

         (3)      a default occurs under the terms of any instrument or
                  agreement evidencing or pertaining to the Secured Debts;

REMEDIES. After Debtor defaults, and after Secured Party gives any legally
required notice and opportunity to cure the default, Secured Party may at
Secured Party's option do any, one or more of the following:

         (1)      make all or any part of the Secured Debts immediately due and
                  accrue interest at the highest post-majority interest rate;

         (2)      require Debtor to gather the Property and make it available to
                  Secured Party in a reasonable fashion;

         (3)      enter upon Debtor's premises and take possession of all or any
                  part of Debtor's property for purposes of preserving the
                  Property or its value and use and operate Debtor's property to
                  protect Secured Party's interest, all without payment or
                  compensation to Debtor;

         (4)      use any remedy allowed by state or federal law, or provided in
                  any agreement evidencing or pertaining to the Secured Debts.

         If Secured Party repossesses the Property or enforces the obligations
of an account debtor, Secured Party may keep or dispose of the Property as
provided by law. Secured Party will apply the proceeds of any collection or
disposition first to Secured Party's expenses of enforcement, which includes
reasonable attorneys' fees and legal expenses to the extent not prohibited by
law, and then to the Secured Debts. Debtor (or Borrower, if not the same) will
be liable for the deficiency, if any. By choosing anyone or more of these
remedies, Secured Party does not give up the right to use any other remedy.
Secured Party does not waive a default by not using a remedy.

WAIVER. Debtor waives, all claims for damages caused by Secured Party's acts or
omissions where Secured Party acts in good faith.

NOTICE AND ADDITIONAL DOCUMENTS. Where notice is required, Debtor agrees that 10
days prior written notice will be reasonable notice to Debtor under the Uniform
Commercial Code. Notice to one party is notice to all parties. Debtor agrees to
sign, deliver, and file any additional documents and certifications Secured
Party considers necessary to perfect, continue, or preserve Debtor's obligations
under this Agreement and to confirm Secured Party's lien status on the Property.

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