Redemption Facts: Sullivan promise to pay $260,000 in forty equal monthly installment payments of $6,500, due on or before the first of each month. The first payment is due on March 1. It is understood by the parties that upon any default in the SA or this note, all sums owing under this note shall become immediately due and owing. Sullivan promptly pays the first eight installments. In November, it is forced to use all available cash to defend against a patent infringement suit. On November 16, Reiser repossesses the collateral. Assume the collateral is a special computer system. As of November 28, Sullivan has received no communication from Reiser. It wants to redeem the computer system. It tenders $7,500 to Reiser representing its missed monthly payment, penalty interest and Reiser's repossession and storage costs. Reiser refuses to return the system unless Sullivan tenders $221,000 plus repossession and storage costs. Has Sullivan validly exercised its redemption right such that Reiser's refusal to return the system will be tortious? Redemption Facts: Sullivan promise to pay $260,000 in forty equal monthly installment payments of $6,500, due on or before the first of each month. The first payment is due on March 1. It is understood by the parties that upon any default in the SA or this note, all sums owing under this note shall become immediately due and owing. Sullivan promptly pays the first eight installments. In November, it is forced to use all available cash to defend against a patent infringement suit. On November 16, Reiser repossesses the collateral. Assume the collateral is a special computer system. As of November 28, Sullivan has received no communication from Reiser. It wants to redeem the computer system. It tenders $7,500 to Reiser representing its missed monthly payment, penalty interest and Reiser's repossession and storage costs. Reiser refuses to return the system unless Sullivan tenders $221,000 plus repossession and storage costs. Has Sullivan validly exercised its redemption right such that Reiser's refusal to return the system will be tortious