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<br /> in which the demised pl~e'mi Sl~S may bt~ si'tuated iE desl~oyed to
<br /> an e:'~ tE.m t CJf not l'esE:> than one-third f.Jf the repl ëlcement
<br /> cost:!:,; t her eo'f, Lessor' may elect t:C) t.el'-mi na't.e the 1 ea~¡¡e
<br /> WllE':I:h<:::r' t,rEi;' demised pl'~e1mi sc~s be i nj un-?d cw not. A total
<br /> destrLtcl:i on o'f 'the building in which 'the' pr-'f-.'wti se5 may be
<br /> situated shall tel"mi nate 'I:hi ~::. 1 (;'i:\se.
<br />~~ ~ 14. LESSOR~S REMED¡ES ON DEFAULT. ~-
<br /> If Lf'~ssee-:1 de'faults in
<br /> the Pc1YIl1(.?nt, of ¡'-ant, C)¡~ any additional I~Œ~nt ~ Dr" defaul'ts in
<br /> the per 'f (:JI'"ITJ",H1 ce of any 01: t'he1 o'tht-:?r covenants 'Ol~ conditions
<br /> her' e(,:>'f Lessol'" may give Lessee notice of such defaL\1 t and i-f:
<br /> ,
<br /> 'Lessee does not (::LII"'e (sny such de'faLll't I.-'li th i n 3 days, after
<br /> tl'!~ giv:inç,~ of such no't i c:e (OJi- i 'f 51..\1::1"1 other- defaul t, is of
<br /> such n i:t I': LI roo (: tha't i-t: c ann..) t, be colnpJ. et,r:::>l y <:Llred within such
<br /> pt", '-icd, if l. ess~?e does nc.1t ¡:ommenc=e such C:1..wi ng ,wi thi n such
<br /> :3 di.'\Ys i:tnd t: h en?a~: t er" p ~cH::eed wit.h reasonable diligence and
<br /> ingocd '¡:<.Üi:h to c: Llr" e s\_lch defau¡t, 'the'n' Lessor may tel~mi nate
<br /> this lease on no't less t,han 7 d¿tYs nc.rtice to Lesset.~. On the
<br /> dab~ Spé.'!c: i 'f i ed in such ,nC)t ~ ce thf.? tet-m o'r ttÜs lease shall
<br /> terminat-Œ, ;:Ind LeS'¡see sh~:t 11 then quit and surrender, 'I:he
<br /> pn:::mi S8'.5 t C) Lessor-:, but Lessee shall I~emai n 1 i ab 1. e as
<br /> hl-:?r'ei naf tel'" provided. 1+ t_l1i5 1 e.:1 se shë111 "have been so
<br /> ler"nti n¿;¡ ted by Lessor'" Lessor may a:t any time the ""eaf'tel~
<br /> ¡"'eSU , )f~ possession of, th¡,? prel11i ses by any 1 èlW'h,tJ. méans and
<br /> 1'-eI1lCJ\/(; L~ssf~8 ai" oi~hel'" occupants and, thei I~ effects. 1\10
<br /> í: a i 11_1 r f:~ to en-forc:e any' t.(?rm sh;al1 be deemed a w.;Ü vel~.
<br /> 15. SECURITY DEPOSIT. Lessee !5hall deposit with Lessor on
<br /> the signing of thj,s 1 e.:\se tt1c~ sq/fl o'f ¡;;'-:i. ve 'Hund,"'ed
<br /> DQll aroo!; ($5ØØ~ØØ) as security d~posit 'f clr the perfal"'mance o'f
<br /> Les~;eE" s obligat10ns under ,this 1 eia~:>e, including ~Ji thou't
<br /> limita'tion, the !Sl..lr- "'ent,del'- aí: possess'i on of the pr-~mi Së1S to
<br /> Ltõ:sso¡'. .:\S het-ei n pr.ov:idE:;d.' , I,t~ Lessor applies any p.-ar.t of
<br /> I:I-,e dE1posit to cul"'r= any defëH-tl't o'f Lesset~, Lessee sihall, on
<br /> deflland, depos:i, t L"IJ. th Lessor- the amoun't so applied Sí.') that
<br /> Lessor shall t1a've the full deposit on h,:.'tnd at all times
<br /> dur-ìn~". 'thE? term oof" thè 1 e,,:l.Sï=.
<br /> 16. 'TAX INCREASE. In the event there is ë.:(ny increase
<br /> during any year of the term o'f 'this ,leëtse in the City,
<br /> County, 01'" State l""I:al estè\te ta){es over a,nd above 'the amount
<br /> 0+ such ta>:es assessed fctr- the 't.a>: year during !'-Jh i ch oi: the
<br /> 'term of this lease commences, whethel~ bec<:ïuse of incr-eased
<br /> r-ate or valuation, Lessee ~hë,¡ll pay to Lessor, upon
<br /> pl"'!?senta'ti on of'paid ta~': bills, .:\ prorated amount equal to
<br /> 5Øï. of the yei:~rl y i nc:r+=~~se in ta~'{es upon the 1 ¿:~n d and
<br /> l:n..1Ì I di ng in which the lease premises a¡"'e 5i tuated. In the
<br /> I::.'vent 'tha't E;uch t a:.: í? s are' assessed 'fOI~ ':1 tat:': yeal'" e>:tendi ng
<br /> ~- cc. ~ P¡:;¡ge 4 of 6
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