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the Lessee for the same or any other reason, the Lessor may terminate the Lease if that <br />subsequent default continues for more than three (3) days after notice of the subsequent default, <br />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 tinder 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 />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, improvements, <br />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 the <br />Leased Premises, and shall in no way constitute a waiver by the Lessor of its right to exercise any <br />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 any <br />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 iinmediately surrender the Leased Premises <br />to the Lessor, and if the Lessee fails to do so, the Lessor may enter and take possession of the <br />Leased Premises and remove the Lessee and any other person occupying the premises, by force <br />if necessary, without prejudice to any other remedy it may have for possession or arrearages in <br />rent, and without being liable for any resulting damages. The Lessee agrees to pay to the Lessor <br />the amount of all resulting costs, losses, and damages incurred by the Lessor within thirty (30) <br />days of the Lessor's issuance of a statement to the Lessee. If Lessor terminates this Lease, <br />Lessee shall be deemed to have relinquished all right, title and interest in and to all real property <br />improvements and the Facilities on the Leased Premises and such shall become the property of <br />the Lessor. <br />b. Relet the Leased Premises and receive the rent. The Lessee agrees to pay to the Lessor any <br />resulting costs, and any deficiency that may arise by reason of reletting, within thirty (30) days <br />of the Lessor's issuance of a statement to the Lessee. <br />c. Enter the Leased Premises, by force if necessary, without being liable for prosecution or any <br />claim for damages, and do whatever the Lessee is obligated to do under the terms of this Lease. <br />The Lessee agrees to reimburse the Lessor for any expenses the Lessor incurs in effecting <br />Page 12 of 18 <br />