Agenda - 05-06-1991 - Laserfiche WebLink

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1 fr If the Notice provided shall have been given and the term shall expire as aforesaid, or should Landlord elect not to terminate this lease, Landlord shall have the immediate right to re- entry and may remove all persons and property from the Demised Premises and such property may be removed and stored in a public warehouse or elsewhere at the cost of, and for the account of Tenant, all without further service of Notice or resort to legal process (all of which Tenant expressly waives) and without being deemed guilty of trespass, or becoming liable for any loss or damage which may be occasioned thereby. Landlord shall have a lien for the payment of all sums agreed to be paid by Tenant herein upon all Tenant's property, which is to be in addition to any Landlord's lien now or that may thereafter be provided by law. 17.4 REWDIES Should Landlord elect to re -enter or should it take possession pursuant to legal proceedings or pursuant to any Notice provided for by law, it may make such alterations and repairs as may be necessary in order to relet the premises, and relet said premises or any part thereof for such term or terms (which may be for a term extending beyond the term of this lease) and at such rentals and upon such other terms and conditions as Landlord in its sole discretion may deem advisable. Upon each such reletting, all rentals received by Landlord from such reletting shall be applied, first, to the payment of any indebtedness other than rent due hereunder from Tenant to Landlord; second, to the payment of any cost and expenses of such reletting, including brokerage fees and attorney's fees, and of cost of such alterations and repairs; third, to the payment of rent, due and unpaid hereunder, and the residue, if any, to future rent as the same would have become due and payable hereunder. Landlord may accelerate the rent due or to become due hereunder, and shall not be required to delay suit on or recovery of same. Landlord may recover from Tenant all damages it may incur by reason of Tenant's default, including the cost of recovering the leased premises, and Landlord's reasonable attorney's fees, all of which shall be immediately due and payable from Tenant to Landlord. For the purposes of this Article, percentage rent for any period after default and re- entry by Landlord shall be computed on the basis of the amount thereof accruing during the next preceding lease year or during the next preceding twelve (12) months, whichever is the greater, except that if such event shall occur during the first lease year, then on the basis of the amount of percentage rent accruing for the then elapsed portion of the term of this lease. �.11 J11 a i 11 0MM .� In the event of a breach or threatened breach by Tenant of any provision of this lease, Landlord shall have the right of injunction as if other remedies were not provided for therein. WK0. _ IRRI L'-'A.. The rights and remedies given to Landlord in this lease are distinct, separate and cumulative remedies, and the exercise of any of them shall not be deemed to exclude Landlord's right to exercise any or all of the others or those which may be permitted by law.