Orange County NC Website
A <br /> necessary to effect such cure; and if the Tenant i t 'e <br /> Ott in7 <br /> default, the Landlord, without excluding other rights or re�tte ies] <br /> that it may have, shall have the immediate right of re-entry and <br /> may remove all persons and property from the Premises and dispose <br /> of such property as it see fits, all without having been deemed <br /> guilty of trespass or becoming liable for any loss or damage which <br /> may be occasioned thereby. Should the Landlord elect to re-enter <br /> and take possession as herein provided or should it re-enter and <br /> take possession as herein provided or should it re-enter and take <br /> possession as herein provided or should it re-enter to take <br /> possession pursuant to legal proceedings or pursuant to any notice <br /> provided for by law, Landlord may either terminate this Lease, or <br /> Landlord may, from time-to-time, without terminating this Lease, <br /> make such alterations and repairs as .may be necessary in order to <br /> relet the Premises or any part thereof for such term or teems <br /> (which may be for a term extending beyond the term of this Lease) <br /> and at such rental or rentals and upon such other terms and <br /> conditions as Landlord in its sole discretion may deem advisable . <br /> Upon each such reletting all rentals received by Landlord from such <br /> reletting shall be applied, first, to the payment of any damages or <br /> indebtedness other than rent due hereunder from Tenant to Landlord, <br /> second, to the payment of any debts and expenses of such reletting, <br /> including brokerage fees, attorney' s fees and costs of such <br /> alterations and repairs, third, to the payment of rent due and <br /> unpaid hereunder, and the residue, if any, shall be held by <br /> Landlord and applied in payment of future rent as the same may <br /> become due and payable hereunder. If such rentals received from <br /> such reletting during any month are less than that to be paid <br /> during that month by Tenant hereunder, Tenant shall promptly pay <br /> any such deficiency to Landlord. Landlord reserves the right to <br /> bring any action or legal proceeding for the recovery of any <br /> deficits remaining unpaid as Landlord may deem favorable, from <br /> time-to-time, without being obliged to wait until the end of the <br /> term hereof or of any renewals or extensions thereof, for the final <br /> determination of Tenant' s account . No such re-entry or taking <br /> possession of said Premises by Landlord shall be construed as an <br /> election on Landlord' s part to terminate this Lease unless a <br /> written notice of such intention be given to Tenant by Landlord or <br /> unless the termination hereof be decreed by a Court of competent <br /> jurisdiction. <br /> Notwithstanding any such reletting without termination, <br /> Landlord may at any time elect to terminate this Lease for any <br /> breach or default by Tenant . Tenant may also, upon giving <br /> Landlord notice and reasonable opportunity to remedy a breach or <br /> default, elect to terminate this Lease for such breach or default <br /> by Landlord, subject to the notification to Landlord' s lender as <br /> hereinabove set forth. Should Landlord at any time terminate this <br /> Lease for any breach or default, then, in addition to any other <br /> remedies Landlord may have, it may recover from Tenant all damages <br /> it may incur by reason of such breach, including the costs of <br /> recovering the Premises, reasonable attorney' s fees, and all <br />