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. <br /> 0Z/05/90 14:40 17504 871 2233 WORD PROCESSING 006 <br /> 7 <br /> © G� <br /> b. The failure by Lessee to make any payment oiiriCit, L7 <br /> additional rent, or any other payment required to be <br /> made by Lessee. <br /> c. The failure by Lessee to observe or perform any of the <br /> covenants, conditions, provisions, rules, or regulations <br /> of this Lease to be observed or performed by Lessee within <br /> thirty (30) days of written notiftcatiou of such default <br /> given Lessee by Lessor. <br /> d. The filin by or agains Lessee of any rangements u er <br /> law rel ing to bankr tcy. <br /> 12.2 'emedies: <br /> In he event of any such material default, - =sor may, without <br /> limi, rig Lessor in the exercise of any r :.t or remedy which <br /> Lessor gray have by reason of such defau or breach: <br /> a. Immedi. -ly re-enter and remov= all persons and property <br /> from sai• 'remises,U"4°.1 <br /> r" ,�� b. Terminate thi- ease or - om time to time, without termi- <br /> nating nating this Leas- re et said Premises, or any part <br /> thereof. <br /> c. Collect by sui or othe se such installment of rent or <br /> other sum as t becomes d or enforce by suit or other- <br /> wise any cvenants or coedit on or term of this Lease <br /> required_to be performed by Lessee. <br /> 13. CONDEMNATION. If the Premises or any portion thereof are <br /> taken by any branch of government pursuant to the power of <br /> eminent domain, Lessor or Lessee may at its option, either <br /> equitably adjust the rent due hereunder or terminate this <br /> Lease. <br /> 14. COMMON USE PARKING. The parking lot located on the Premises <br /> contain 25 spaces, 20 of which are hereby leased to Lessee and <br /> 5 of which shall be retained for use by Lessor. <br /> 15. GENERAL PROVISIONS: <br /> 15. 1 Severabilitx: <br /> Any provision of this Lease determined to be invalid by a <br /> court of competent jurisdiction, shall in no way affect <br /> any other provisions hereof. <br /> 15.2 IInnterest on Past Due Obligations: <br /> Except as expressly herein otherwise provided, any amount <br /> due Lessor from Lessee not paid when due shall bear <br /> interest at eighteen (18Z) percent per annum from the <br /> 5 <br />