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payment of any rental or other sum of money becoming due hereunder <br /> for a period of ten (10) days after the same shall be due, or if <br /> either party hereto shall default in the performance of any other <br /> of the terms, conditions or covenants contained in this Lease to be <br /> observed or performed by it and the party in default does not <br /> remedy such default within thirty (30) days or commence such act or <br /> acts as shall be necessary to remedy the default within thirty (30) <br /> days and shall not complete such act or acts promptly, or if Tenant <br /> shall cause this Lease to be taken under any writ of execution and <br /> such writ is not vacated or set aside within fifteen (15) days, <br /> then in any such event the party not in default shall have the <br /> right to terminate and cancel this Lease provided, however, that <br /> Tenant shall not have the right to terminate and cancel this Lease <br /> Agreement unless and until it shall have given written notice, by <br /> registered or certified mail, of the default by the Landlord to the <br /> holder or holders of any mortgage or deed of trust covering the <br /> Premises and shall have given said holder or holders thirty (30) <br /> days from the date of its receipt of such notice to cure such <br /> default, including time to obtain possession of the Premises by an <br /> expeditious trustee' s sale or foreclosure action if this should be <br /> necessary to effect such cure . Should the Landlord elect to re- <br /> enter and take possession as herein provided or should it re-enter <br /> to take possession pursuant to legal proceedings or pursuant to any <br /> notice provided for by law, Landlord may either terminate this <br /> Lease, or Landlord may, from time-to-time, without terminating this <br /> Lease, make such alterations and repairs as may be necessary in <br /> order to relet the Premises or any part thereof for such term or <br /> terms (which may be for a term extending beyond the term of this <br /> Lease) 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 !y <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 /> a <br /> during that month by Tenant hereunder, Tenant shall promptly p y <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 /> 7 <br />