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t15) days after written notice ot such default sha~ll haye beea
given by the Leaeor to the Lessee= end where the alleged
def~ult consfste of eame violation other than the foregoinq,
the Lessor may not declare thie Lease in default until such
violation sh~ll have continued for thirty (~0) daye after the
Lesaor shall have qiven the Lesaee Written notice of such
violatfon, and the Lesaee shall not have undertaken, during said
thirty day~notice perfod, to cure safd violation by viqorous
and affirmative aotionj provided, hawever, that nothing
herein contafned shall be construed as precludinq the Lessor
from havinq auch remedy as may become necessary in order to
preserve the Lessor's riqhts and the interest of the I.essor
' in the premises and in this Lease,~even before the expiration
of the qrace or notice perioda provided for in thia paraqraph
if, under particular circwnstances then existinq, the a11aW-
ance of such qrace perfod or the qivinq of such notice would
prejudice or endanger the rights and eatate of the Lessor in
this Lease ~and in the Demised Premisea.
d. All default and qrace periods shall be deemed to run
concurrently and not consecutively. . .
e. It is mutually covenanted and aqreed that the
various riqhts, po~rers, options, elections, privileqes and
remedies of the Leasor vontained in this Lease shall be con-
~ strued as~cumulative, and no ane of them shall be construed ae
beinq exclusive of any other,. or exclusive of any riqhts or
priorities by law.
It is further covenanted and aqreed by and between
the partiea hereto that the riqht to the Lessor in this Lease
to collect tha rent that may be due under the terms of this
Lease by any proceedinqs unde.r the same, o= the riqht to
callect any additional rent, money, or.payments due under the
terms of this Lease by any proceedinqs under the same, or the
riqht qiven the Lessor to enforce any of the terms and pro-
visions of this Lease, shall not in any way affect the
riqhts of the I.essor to declare this Lease vofd and the term
hereby ended, as herein provided, when default is made by the
I.easee in any _of the terms and provisfons hereof .
q. It is further covenanted and aqreed by and between ~
; the parties hereto that in the event of the terinination of
~ this Lease at any time before the expiration of the term
; of years hereby created, for the breach by the Lessee of any of ~
r the covenants herein contained, then all of the right, estate
and interest of the Lessee in and under this Indenture and
in the Deiaised Premises, and all additions and accessions
thereto then situated on the said Demised Premises, together
~ with all rents, issues and profits of said premises and the
improvements thereon, whether then accrued or to accrue, and all
insurance policies and all insurance monies paid or payable
thereunder, and the then entire undisbursed balance of any
buildinq escraw fund, and the entire undisbursed balance of any
then existinq joint bank account which n?ay have been created under
the tenas hereof, and all of them, shall at once pass to and
~ becane the property of the Lessor without any co~npensation
therefor unto the Lessee, not as a penalty for forfeiture~
but as liquidated damaqes to Lessor because of such default ~
by Leasee and the consequent.cancellation of the Lease, each
~ of the parties acknawledqing it to be the fact that ~or breach
and consequent cancellation of a lonq-tena lease of this
character the Lesaor will sustain aubstanti~al damage of such
character as to make it most burdensome and tedfous, if not ~
actually imposaible, to ascertain the amount thereof with :
mathematical precision. Each of the parties, therefor,
have aqread upon thia pravision for liquidated damaqea
in tha intereats o! obviatinq what ~rould otlLerrrise~ be ~
burdanacss and ~tfault litiqation to saintain or to
-18-
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