Agenda - 06-01-1992 - Laserfiche WebLink

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or devolve upon (by law or otherwise) one other than Tenant except as herein provided - -then, in any one or more of such events, upon Landlord serving a written Notice upon Tenant specifying the nature of such default and the period allowed to cure the default, if Tenant shall have failed to comply with or remedy such default within such period, then this lease and other term thereunder shall (at the option of Landlord) terminate and come to an end on the date specified in such Notice (but such termination shall not serve to release or discharge the damages Tenant owes to Landlord). Tenant shall thereupon quit and surrender the Demised Premises to the Landlord as if the term hereunder ended by the expiration of the time originally fixed herein, but Tenant shall remain liable as hereinafter provided. 17.2 N TI E The written Notice required of Landlord under the preceding section shall provide for ten (10) days of grace to cure a monetary default, or thirty (30) days to cure a non - monetary default which can reasonably be cured in thirty (30) days; and for any non - monetary default not curable in thirty (30) days, that Tenant shall commence to cure same within thirty (30) days and thereafter proceed diligently and in good faith to complete the curing of said default as soon as possible. 17.3 RIQHT OF RE -ENTRY 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 REMEDIES 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 • 19