Laserfiche WebLink
18. DEFAULT PROVISION. If LESSEE shall at any time be in default in the <br />payment of rent herein reserved or in the performance of any of the <br />covenants, terms, conditions or provisions of this Lease and LESSEE <br />shall fail to remedy such default within fifteen (15) days after receipt of <br />notice thereof from LESSOR in the event the default is as to payment of <br />rent, or within thirty (30) days after receipt of notice thereof, if the default <br />relates to matters other than the payment of rent (but LESSEE shall not <br />be deemed in default if LESSEE commences to remedy said default other <br />than related to payments of rental within said thirty (30) day period and <br />proceeds therewith with due diligence), LESSOR may, by notice to <br />LESSEE, terminate this Lease, or without terminating this Lease, enter the <br />PREMISES by summary proceedings or otherwise, and in either event, <br />may dispossess LESSEE. In the event of such re-entry, LESSOR may <br />relet the PREMISES and apply the rent there from first to the payment of <br />LESSOR=S expenses incurred by reason of LESSEE= default and the <br />expenses of reletting and then to the payment of rent and all other sums <br />due from LESSEE hereunder, LESSEE remaining liable for any <br />deficiency, for loss of rent by a payment at the end of each lease month <br />equal to the difference between LESSEE= rental obligation and the rents <br />actually derived from the PREMISES by the LESSOR for such month. All <br />remedies herein provided shall be in addition to, and not in substitution for, <br />any remedies otherwise available to LESSOR. <br />19. LATE CHARGES. The rental installment, including increases, is due in <br />accordance with the provisions set forth herein above. If said installments <br />are greater than fifteen (15) days past due, the LESSOR may charge the <br />LESSEE a penalty of fifteen dollars ($15.00) per calendar day for every <br />day that exceeds the fifteen (15) day period. Said penalty, if charged, <br />shall be deducted from any subsequent installments first and the balance <br />of said installments shall be applied to rental payments. This provision <br />shall be applied also to partial installments of rents and or failure to pay <br />any increases in rents after notices thereof, or initial recompense assets <br />for the above. <br />20. NOTICES. Any notice or consent required to be given by or on behalf of <br />either party upon the other shall be in writing and shall be given by mailing <br />such notice or consent by registered or certified mail addressed to the <br />other party at the address herein before specified and or the premises, or <br />at such other address as may be specified from time to time in writing <br />delivered to the other party. <br />21. WAIVER. No waiver of any condition of legal right or remedy shall be <br />implied by the failure to LESSOR to declare a forfeiture by course of <br />dealing, or by LESSOR=S waiver of any other default of LESSEE= <br />hereunder, and no waiver of any condition or covenant shall be valid <br />unless it be in writing signed by LESSOR. <br />6