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<br /> NJ1IVaR OT CLi1L18 s Tbs Isasw� �raiv� +�nd r�1�aNS all cl+�i�s
<br /> aqainst � �waaors snd th� a!lia�rr, clir�ators, aqant�, at�d
<br /> �rp1oY�� �+# t,�u L�ssora in r�spsoe o! in�nria or daa�q� to
<br /> p�r�a� as P�t�op�s�Y. sustaia�d by th� L�ssN or �ny othsr p�rson in
<br /> os. 4tbeav�C � prnpoacty t+f�icti aay ari�, dirsatly ox inc�.ir�atiY� bY
<br /> z+��Mpt� o! any �xisting os lutur� condition in th� prop�rty, unl��s
<br /> ��ti.+��in�uri�s or daaaq� shnll b� aaua�d by the a�!lissativ� aats o!
<br /> tMq�.ig� o! tfu L�ssors. -
<br /> XIV.
<br /> G�ODf� Lessa� has ths option to r�nsw tbi� l�asa tor an
<br /> addl.t,ioq�ei� 5 year tera on the aa�ea tos�s and conditions. I.oasa
<br /> amust sdv�.�a t.lse La�aors o! it�� intentior to �xoraise th� option
<br /> ,���-; ;���:;, uat l���tluw 90 ciays prior to the �nd ct ths initial t�r�.
<br /> ���{r' XV.
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<br /> DEF,i1UI�t Eaah o! the lolloWinq acts and o�i�sioris shall
<br /> r,fi,., c�t�l.�u� a dotault by t.h� Loa�oa and a broaah o! ttiis 1�grs�a�att
<br /> �_'. :. .
<br /> ' �,. v'oluntary os involuntar7f b��P�Y.
<br /> � ;`�r�'. �� aasignmant tor bonefit ot areditors,
<br /> • " � ��''`� reorqanization or raArrangeaent under tti�
<br /> .;�''� �y '�.''� �:`�' ' Bankruptcy Aat, recoivership, dissolution, or
<br /> i.. ,�s�" .�
<br /> � �;��;.; tha aomnanassent ot any aatioa or proaesding
<br /> r � ..� w j. b•::�J,'•+�. �or tha �iaeo�ution or iiquidation or the
<br /> ` " ���;"�•-• ' � � Lesase, whether instituted by or agAinst the
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<br /> • , �.�a.: :.� : �.. Isasee or any other similar aation or
<br /> �,s,. .. . : � proasadinq.
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<br /> ` .";;;��r 8. ThR failuire ot the Lessee ta pay thA rent or
<br /> `/;}�;{;-> . . ' any pmrt thereot for a perfod of five (5) days
<br /> , . , after suCb r4nt ahall have bsaoae dus.
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<br /> '' � .�� '�' `'' C. The failure of the Lessee to perfora� any other
<br /> r". ' . . � ���4��'�`�� agreement to be performed on the part oP the
<br /> , �� � �� • Lesaee !or a period o! live (S j days a�ter
<br /> � : . �•� serviae upon the Lessee of writ�en notice of
<br /> j � �� �,, �•• ^" � auah failura.
<br /> . ,. _
<br /> �i �. In the event o! a detault by the Lessee, the Lessors may, at
<br /> the eleation of the I,ossors, either distraia for rer�t due and
<br /> �• 1,°: damaqes sustained or re-enter and recover possession of the ?�,
<br /> _ ., ,� � - .,•.:, proparty as if the property wera lorcibly detained; and the 7�assee
<br /> ' ' � ' hereby waives any notice ot suah eleation and any demand !or
<br /> � posses�ion of the property. `,�
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<br /> a In the event that the Lessors slect to re-enter and recover �
<br /> .��: � - � ° possession of the property, the I,essors aiay at the election of the �-.
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