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(4) Lessee commences proceedings in bankruptcy, or for <br /> reorganization, or for the readjustment or arrangement of <br /> Lessee's debts, whether under the Bankruptcy Act of the <br /> United States of America or under any other law, whether <br /> state or federal, now or hereafter existing for the relief <br /> of debtors, or there shall be commenced any analogous <br /> statutory or nonstatutory proceeding involving Lessee. The <br /> acceptance by Lessor of Lessee's monthly payment as herein <br /> provided subsequent to the occurrence of this event of <br /> default, or that set forth in subparagraph (5) herein below, <br /> shall be as compensation for use and occupancy of the leased <br /> premises, and shall in no way constitute a waiver by Lessor <br /> of its right to exercise any of the herainafter provided <br /> remedies upon the occurrence of any event of default. <br /> <br /> (5) A receiver or trustee is appointed for all or substantially <br /> all of the assets of Lessee. <br /> <br /> (6) Lessee deserts or vacates any substantial portion of the <br /> Leased Premise. <br /> <br /> Upon the occurrence of any of the events of default, Lessor <br />shall have the option to pursue any one or more of the following <br />remedies without any notice or demand whatsoever: <br /> <br /> (a) Terminate this Lease, in which event Lessee shall <br /> immediately surrender the Leased Premises to Lessor, and if <br /> Lessee fails to do so, Lessor may, without prejudice to any <br /> other remedy which it may have for possession or arrearages in <br /> rent, enter upon and take possession of the Leased Premises and <br /> expel or remove Lessee and any other person who may be occupying <br /> the premises or any part thereof, by force if necessary, without <br /> being liable for prosecution or any claim of damages therefor; <br /> and Lessee agrees to pay to Lessor on demand the amount of all <br /> loss and damage which Lessor may suffer by reason of <br /> termination, whether through inability to relet the Leased <br /> Premises on satisfactory terms or otherwise. <br /> <br /> (b) Relet the Leased Premises and receive the rent thereof; <br /> <br /> -14- <br /> <br /> <br />