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hold 1 nteI't.1st be 1ev1 ad on and the 11en the reo i' not d lsctHu'ged
.1 thin One (1) month after said levy hae be~n made J or etlOuld
tho I..e566eB fail to promptly make the nece6!JtlJ.'Y return!' a.nd re~
porta requ1.I'cd of ttenby State and Federal UHf, Llnd such fo.U.ure
shall Jcopardlze Lef\60r1S rights, 01' should \,he I~36ec8 fall to
prompt 1y camp 1y w1 th all govcnunenta.1 I'cgu 18. tlonn I both State and
Federal, thon, in Huch cVtHlt, llnd upon the hi.Lppenlng of either
01' any of the 8ald event a , the LtHH~oP 5ha 11 have the right at
1ta clcotlon to oonaidcl' the Bame a material default on tht! part
of the I~98ec8 of the terms and prov1~10n5 thereof, and, 1n the
event of Buch default not being cured by tile Leosce8 wlthin a
puriod of Thirty (30) days from the date of the g1 vlr..g by ttH~
LesBor of' written notice to the lA.HH5ees of the Qxistence of such
dufault, tho LeBBor uhall have the option to decla.r{l this Leaee
t;er'm1rvJ. tad and the lntereo t of the Le a8e~ forfe1 ted 1 or the
!AssaI' may exorcise any other opt1onu herein conferred upon 1 t,
The pondency of banvJ'Uptc>, prooeedl~:.. J or arrangoment proceed ingti
to which the L.e5seeo shall bo a party shall not preclude the
Leaoor from exerc.l.slng thn option herein confGrl'Od upon ,it.. In
tho fn/6nt t.ho L366eeB, or the Trustee or Reoeiver' of tho L<<18fH!itft I
proporty, flhall aeek an injunction againat the I...eaeori8 exerciae
of the option herein oonferred, 6uoh ac t10n on thf~ part of the
Lesaees, their Trustee or Receiver, atu:1.11 torminate after 'Ih1rty
(30) da.ys' notice th16 Lease as of thu date of the making of such
application. 'In the evant the Court ahall enjoin the 1.<60601' from
eX61.'olain.g the option here1n confel'r~d I ouoh injunotion rsf1all
automatiQally terminate the UH\Se. Upon the termination of tho
LtU1Sft at t.ile LesBor I B option, aOO/o)." &f! horein otlHH'\iflse prov1d€d I
it shall becolZle the mandatory dUt.y of tht': Court, a.s a matt$f' of
1a., to require at~ d1r~ot thfi ra-delivery to the 1~B3or of th~
ent1r~ l~agQd pr~m14.ft and all of Leae.~8i property th~r61n
31tuated in a ~~ry proQ6edi1~, upon m_r~ ~Jtlon O~ p~tltion of
th~ LeaBot'.
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