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b. The Lessee fails to comply with any other term, provision, or covenant of this Lease, and <br />does not cure the failure within thirty (30) days after written notice to the Lessee. However, <br />if Lessee's failure to comply cannot reasonably be cured within thirty (30) days, Lessee shall <br />be allowed additional time (not to exceed sixty (60) days) as is reasonably necessary to cure <br />the failure so long as Lessee commences to cure the failure within fifteen (15) days and <br />Lessee diligently pursues a course of action that will cure the failure. For any subsequent <br />default by the Lessee for the same or any other reason, the Lessor may terminate the Lease if <br />that subsequent default continues for more than three (3) days after notice of the subsequent <br />default. <br />c. The Lessee becomes insolvent, makes a transfer in fraud of creditors, or makes an assignment <br />for the benefit of creditors. <br />d. The Lessee commences, or another party commences against the Lessee, proceedings in <br />bankruptcy, for reorganization, or for the readjustment or arrangement of its debts under the <br />bankruptcy laws of the United States or under any other law. <br />e. A receiver or trustee is appointed for all or substantially all of the assets of the Lessee. <br />f. The Lessee abandons or vacates all or any substantial portion of the Leased Premises for 120 <br />consecutive days. <br />g. Lessee defaults on any mortgage advanced by a lender to finance the Facilities, <br />improvements, or fixtures for the Leased Premises <br />12.02. The acceptance by the Lessor of the Lessee's monthly payments subsequent to the occurrence of <br />any event of default shall be considered to be compensation for Lessee's use and occupancy of <br />the Leased Premises, and shall in no way constitute a waiver by the Lessor of its right to exercise <br />any remedy provided for any event of default. <br />12.03. Upon the occurrence of any of the events of default, the Lessor shall have the option to pursue <br />any one (1) or more of the following remedies without any notice or demand whatsoever: <br />a. Terminate this Lease. In this event the Lessee shall immediately surrender the Leased <br />Premises to the Lessor, and if the Lessee fails to do so, the Lessor may enter and take <br />possession of the Leased Premises and remove the Lessee and any other person occupying <br />the premises, by force if necessary, without prejudice to any other remedy it may have for <br />possession or arrearages in rent, and without being liable for any resulting damages. The <br />Lessee agrees to pay to the Lessor the amount of all resulting costs, losses, and damages <br />incurred by the Lessor within thirty (30) days of the Lessor's issuance of a statement to the <br />Lessee. If Lessor terminates this Lease, Lessee shall be deemed to have relinquished all <br />right, title and interest in and to all real property improvements and the Facilities on the <br />Leased Premises and such shall become the property of the Lessor. <br />Page 13 of 20 <br />