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200804872 In the event of a default by the Tenant, the landlords may, at the election of the landlords, either distrain for rent due and damages sustained or re-enter and recover possession of the property as if the property were forcibly detained; and the Tenant hereby waives any notice of such election and any demand for possession of the property. In the event that the Landlords elect to re-enter and recover possession of the property, the Landlords may at the election of the landlords, either terminate this Agreement or relet the property or any portion thereof on such terms and conditions as the landlords may deem advisable, consistent with the landlords' obligations to mitigate damages to the Landlords. Upon reletting the property, rent received by the landlords shall be applied in the following order: A. To the costs of such reletting, including brokerage fees and attorney's fees for such re-entry and recovery of possession of the leased premises. B. To the unpaid rent of Tenant, who shall remain liable for the balance. c. To any sums due, other than rent, from the Tenant to the landlords. D. To future rent to become due and payable hereunder. If such rent received by the landlords shall be insufficient to satisfy the current obligations of the Tenant to the landlords, the deficiency shall be computed and billed by the landlords to the Tenant monthly and shall be paid by the Tenant on or before the tenth day of the month following receipt of each such billing. Notwithstanding any election by the landlords hereunder, the landlords may, at any time subsequent to the default of the Tenant, terminate this Agreement by giving written notice of such termination to the Tenant. xv. CONTENTS AT RISK OF TENANT: All property of every kind and nature belonging to the Tenant which may be in or about the property during the term of this Agreement shall be at the risk and responSibility of the Tenant, and the landlords shall not be liable for damage thereto or theft, misappropriation or loss thereof. The Tenant releases and discharges the Landlords and the officers, directors, agents, and employees of the landlords and all other Tenants from any liability which may arise by reason of damage to property of the Tenant or in the custody of the Tenant in or about the property, which damage is of a type covered by a standard policy of fire and extended coverage insurance; and the landlords release and discharge the 6