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200501143 within thirty (30) days, the cure period shall be extended for a reasonable period of time provided that the Defaulting Party commences the cure within said thirty (30) day period and thereafter diligently prosecutes the cure to completion. Each Party shall be responsible for the default of its Occupants. 11.2 Right to Cure. (a) With respect to any default under Section 11.1, any Non - Defaulting Party shall have the right, but not the obligation, to cure such default by the payment of money or the performance of some other action for the account of and at the expense of the Defaulting Party; provided, however, if an event that would become a default under Section 11.1(b) with the passage of time shall constitute an emergency condition, the Non - Defaulting Party, acting in good faith, shall have the right to cure such failure prior to the passage of the time period set forth in Section 11.1(b) upon such advance notice as is reasonably possible under the circumstances or, if necessary, without advance notice, so long as notice is given as soon as possible thereafter. (b) If any Non - Defaulting Party shall cure a default, the Defaulting Party shall reimburse the Non - Defaulting Party for all costs and expenses incurred in connection with such curative action, plus interest as provided herein, within ten (10) days after receipt of demand therefor, together with reasonable documentation supporting the expenditures made. (c) To effectuate any such cure, the Non - Defaulting Party shall have the right to enter upon the Tract of the Defaulting Party (but not into any Building) to perform any necessary work or furnish any necessary materials or services to cure the default of the Defaulting Party. 11.3 Interest. Any time a Party shall not pay any sum payable hereunder to another within five (5) days of the due date, such delinquent Party shall pay interest on such amount from the due date to and including the date such payment is received by the Person entitled thereto, at the lesser of (i) two percent (2 %) per annum plus the prime rate of interest from time to time published by The Wall Street Journal (or that of another publication or of financial institution selected by the Approving Parties if The Wall Street Journal shall cease to publish a prime rate) or (ii) the highest rate permitted by law to be paid on such type of obligation. 11.4 Lien Rights. (a) Costs and expenses accruing and /or assessed pursuant to Section 11.2 shall be secured by and constitute a lien against the Defaulting Party's Tract. The lien shall attach and take effect only upon recordation of a claim of lien in the official real estate records of the County of the State in which the Shopping Center is located by the Party making the claim. The claim of lien shall include the following: (i) The name of the lien claimant; (ii) A statement concerning the basis for the claim of lien and identifying the lien claimant as the Non - Defaulting Party; GALEGAL \STORES\NE\GRAND ISLAND\0EA4.WPD 11/16104 33