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:a� <br /> 4� <br /> Y�, I _ � <br /> Y`rL <br />� <br />;�' : . � <br /> 76- 002598 <br /> Lessor. If the Lessee assigns any right , titls or interest hereunder or sublets <br /> all or any part of the leased premises , neither the assignment nor the sublet- <br /> ting nur the receipt and acceptance by the Lessor from the assignee or sublessee � <br /> of rent shall operate to release the Lessee from the terms , covenants and <br /> conditions hereof unless the Lessor specificatly so consents in writing , which <br /> � ' consent the Lessor shall not unreasonably withhold . <br /> ' 16 . Renewal Option . The Lessee shall have the right and option of renew- <br /> ? ing this lease for two additionat terms of five ( 5 ) years each under the <br /> same terms and conditions contained in this lease except that the rent shall be <br /> % as fallo�s : To be negotiated at that time but not less than the original <br /> � ` amount of the lease . <br /> Notice of election to exercise right must be given Lessor in writing at least <br /> ; ninety ( 90 ) days before the expiratian of the prior term . <br /> ; <br /> '; 17 . Nold�in�O�_ve� r . Lessee shall delive � up and surre�der to Lessor � <br /> possession o prf emises upon the expiration of the lease or any renewal thereof <br /> or its termination in any way in as good condition and repair as the same shail <br /> � be at the comnentement of said term ( loss by fire or other casualty covered by <br /> � the standard extended cuverage insurance policy and ordinary wear and decay only <br /> � excepted } and deliver the keys at the office of Lessor or Lessor ' s agent . <br /> Should Lessee or any party claiming under Lessee hold the premises or any part <br /> _; thereof after any termination of this lease , no tenancy or 9nterest in the <br /> premises shall result therefrom but such holdinry shall be an unlawful detainer <br /> and all such parties shall be subject to imnediate eviction and removal . <br /> 18 . uiet Enjo ment . If the Lessee pays the rents and keeps and perfoms <br /> the covenants of ti s ease on the Lessee ' s part to be kept and performed , <br /> accordin9 to the provisions and conditions hereof , the Lessee shall peaceably <br /> and quietly hold , oacupy , and enjoy the teased premises during the term hereof <br /> or any renewals , without any hindrance or molestation by the Lessor or the <br /> Lessor ' s successors or assigns . <br /> 19 . 4laiver . t�o waiver of any condition or legal right or remedy shall be <br /> implied by ti-1 e f'ailure or Lessor to declare a forfeiture , and no waiver of any <br /> condition or covenants shall be valid unless it be in writing siqned by Lessor . <br /> � - The mention in this lease of any specific right or remedy shall not preclude <br /> Lessor from exercising any other right or from having any other remedy or from <br /> 3 ;; maintaining any action Lo which it may be otherwise entitled either at law or <br /> in equity ; and for the purpose of any suit by Lessor brought or based on this <br /> � lease , this lease shall be construed to be a divisible contract , to tne end <br /> that successive actions may be maintained as successive periodic sums shall <br /> mature under this lease , and it is further agreed that failure to include in <br /> ` any suit or action any sum or sums then matured shall not be a bar to the main- <br /> ' tenance of any suit or action for the recovering of said sum or sums so omitted . <br /> ;: '; <br /> r : <br /> � 20 . Lease Inures to Denefit . , This lease and all the covenants , provisions <br /> F : and conditions herein contained shall inure to the 6enefit of and be binding <br /> upon the heirs , personal representatives , successors and assiqns respectively <br /> �� of the parties . <br /> I <br /> 21 . tlaiver of Subro ation . Lessor and Lessee each hereby release the other <br /> and their eqents an emp oye�rom any claim for damages or destruction to the <br /> above described premises or the contents thereof belongin9 to either , or for <br /> ,, : business interruption of either , caused by fire or any other peril covered by <br /> ; extended coverage insurance whether due to the negligence of either of them or <br /> otherwise . It is further agreed thatthis agreement or consent thereto shall be <br /> included in any insurance coverage carried by either party on said leased premises <br /> or property situated in same so that this agreement shall be effective upon the <br /> respective insurance companies carrying sucfi fire and extended covera9e on either <br /> the leased premises or the contents thereof . <br /> _ . I . r_ ; , <br /> N <br /> � <br /> � - 5 - � � <br /> � <br /> � <br />� � <br /> � : ` . <br />.�.. <br />�`,; <br /> �� � � � <br /> :� <br /> , <br /> � <br /> , <br />_ � <br />