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ex•.er.ded a~~cordin~ly, provided, however, that~ in any event, if the
reqazr er replacement of ~he building has not. been completed within a
period of seven (~i) c~onths from the date of s3id damage or destruction~
Lessee may, 3t its optior., teTminate ~his lease. It is further under-
~*ec3 ~nd ag-~eed that in case of any damage or destruct~on occurring
dur~.ng ~l~e ~3st five (5) vears of the original term of this lease or
d~a~~= r~~ ary exten~j on of the term, to the exten~ of 50~ or more of the
ir.~urable value ef the building, Lessor may~ at Lessor's option to be
evi~en:;ed by notice in writing given to L•essee within forty (40) days
zf±~er ~he oc^urren~e of such damage or destruction, in lieu of repair-
ir.g o~ ^ep~acing said building, elect to terminate this lease as of
*Y:e d3~e of the damage or destruction. The pric~.lege hereinabove
confer^ed ~ipon Lessee to terminate this lease for failure of Lessor
*o repair or repi~ce shall be the sole remedy available to Lessee
hereunder ~nd Iessee hereby expressly waives and release~ any and all
c:l~ims ag~inst Lessor for damages in case of Lessor's failures to re-
bu~ld er rr=tcrP said building in accordance wit h the provisions of .
r,r; : se i.or_ .
ARTICLE VIII
! ASSIGNMENT AND SUBLETTI1dG
i ~
~F.~`~TO:•: L!Dnri ?:~i~ a~~ignment by Lessor, or i..~ successors and assigns~
o~' I_e,:-~r.' ~ ir_'._e~~es~. ~n this lease, Lessor ar,d any subseqaxent assignor
shai i h~ ;~_i~;~ re~~~ased ~r_d discharged of ar~v l~abilitv witY: respect
-~r.y ;e~;,~~~t.y dPpo;it made bv Lessee under +~hi.s le3se upor, procuring
a~:;u~p!i.on :`ro~ ±he as~igr~ee of all of Lessor's responsibilities
wi':~; respec*. ~.e such deposit..
~EC":'IOTv 2. Ex::ept ~s hereinafter in this secti.on expressly provided,
Le:~:~ee ~h~li not allow or permit any t:ransfer of ~his lesse or any in-
'P?'Q~± here~.~nder b,y operation of law, or assign, convey, cr,ortgage,
pied~~ cr ercum:ber this ?ease or any ~nteresf hereunder or permit the
use or o~r_'LiDaIlcy ~f the premi.ses or ~T1y p3?'t `rereof by an~•one other
~r~n r.rP IP~~PP~ or suble~ the premise= or any aart ~he~eo~' witho,~± in
e~ch ~~s~, L~~so?'~ ~ written conser.~~ f,rst h~d ~r~d ob?ain~ci ar.d r.o
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Bo~K 155 ~57
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