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004-321
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Alterations 16. Tenant may from time to time make, at its expense, <br />alterations, or additions, structural or otherwise, to the then <br />existing improvements, or any parts thereof as may be, in <br />Tenant's opinion, reasonably necessary or desirable for the <br />conduct, improvement or expansion of Tenant's business, pro- <br />vided, the alterations do not diminish the value of the then <br />existing improvements, and further provided, structural altera- <br />tions or additions shall not be made without Landlord's consent <br />in writing, which is not to be unreasonably or arbitrarily <br />withheld. Relocation or removal of partitions shall not be <br />deemed to affect such value. All such changes shall be per- <br />formed in a good workmanlike manner so that upon completion, <br />they will not impair the structural strength of the building. <br />Default 17. If default be made by either party in any of the covenant <br />herein and not rectified (or rectification not started and <br />pursued with reasonable dispatch) by the defaulting party within <br />fifteen (15) days after receipt of written notice from the <br />other party, then this lease shall at the option of the party <br />not in default forthwith cease and terminate. However, if <br />party not in ddf ault intends to terminate this lease if said <br />default is not so rectified, a statement to that effect shall <br />be contained in said notice, and the party not in default shall <br />not have the right to terminate this lease unless the notice <br />contains such statement. If such statement is not contained <br />in the first or any subsequent notice, party not in default <br />retains the right to give a later notice containing such state- <br />ment. If such default is committed by Landlord and not so <br />rectified, Tenant at its option may instead take necessary <br />steps to rectify the default at Landlord's expense, and apply <br />accruing rentals to reimburse itself for its expenditure therefor, <br />together with interest at the rate of six per cent (6 %) per <br />annum. If such default is committed by Tenant and not so <br />rectified, Landlord may, by summary dispossess proceedings, <br />reenter said premises, take possession of the same, and expel <br />Tenant or any party occupying said premises, and so to repossess <br />and enjoy the said premises. Should said term at any time be <br />ended by such election of Landlord, Tenant shall surrender <br />-7- <br />
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