HomeMy WebLinkAbout1864 Lessor, and/or paid by the Lessor in behalf of the Lessee or Associa-
tion toqether with interest thereon at the rate of ten percent per
annum as well as payment to the Lessor of any and all costs incurred
or expended by the Lessor, includinq reasonable attorneys' fees and
court costs, and by the performance of all of the Lessee's or Associa-
tion's defaulted covenants not performable by the payment of monies
to the Lessar. This provision~~shall be in addition and supplemental
to any provision elsewhere herein set forth with respect to the pay-
ment of interest or deferred or late payments except that the total
interest due and payable on any rent payment made by the Lessor on
behalf of the Lessee or Association shall not exceed ten percent per
annum.
37. RUNNING OF GRAC$ PERIODS. All default and grace periods
shall run concurrently and not consecutively.
38. CUMULATIVE REMSDIES. The various riqhts, remedies,
powers, options, elections, preferences and liens of the Lessor set
forth in this lease shall be construed as being exclusive of the
other or exclusive of any rights or priorities allowed by law and the
exercise of one or more shall not be construed as a waiver of the
others .
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E 39. CONSTRUCTION OF A REMEDY AS ELECTION TO TERMINATE. The
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~ exercise by the Lessor of any of its rights of remedies provided in this
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~ lease to enforce the provisions of this lease by decree, judc~nent or
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~ otherwise, shall not be construed as an election by the Lessor to termi-
~ nate and cancel this lease except if the exercise of auch right or
~ remedy be:the declaration by the Lessor that the lease is terminated
~ and cancelled due to default on the part of the Lessee; or the entry
~ of a'ud nt decree or writ of evi i -
] 9~ : ct on as to the Lessee, or the
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entry of a judgment or decree of a vourt of competent jurisdiction
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~ cancelling this lease.
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