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Lessee shall commence such cure within said 30 day period and thereafter diligently pursue such <br /> cure to completion. <br /> Any of the above events of default may be cured by the Lessee within 30 days after written notice <br /> thereof from the Lessor to the Lessee in accordance with Paragraph 21. <br /> b) Remedies. In any event of default and in addition to any or all other rights or remedies of the Lessor <br /> hereunder or by the taw provided, the Lessor may exercise the following remedies at its sole option: <br /> 1. Termination. Terminate the Lessee's right to possession of the Leased Premises by any lawful <br /> means, in which case this Lease shall terminate and the Lessee shall immediately surrender <br /> possession of the Leased Premises to the Lessor according to the terms of Paragraph 35. In such <br /> event of termination, the Lessor shall be entitled to recover from the Lessee: <br /> A. The unpaid rental, taxes and/or damages which have accrued up until the time of <br /> termination together with interest; and <br /> B. Any other amount necessary to compensate the Lessor for the Lessees failure to perform <br /> its obligations under this Lease or which would be likely to result therefrom, including, but <br /> not limited to, the cost of recovering possession of the Leased Premises, expenses of <br /> reletting, including necessary repair, renovation and alteration of the Leased Premises, <br /> reasonable attorney's fees, and any other reasonable costs; and <br /> C. Interest upon such amounts, which shall be one point five percent(1.5%) per month or <br /> portion thereof. Said interest shall accrue from the dates such amounts accrued to the <br /> Lessor until paid by the Lessee. <br /> 2. Possession of Property, Improvements and Equipment. If, upon termination of this lease for any <br /> reason, whether by surrender, forfeiture or expiration of term or otherwise, Lessee shall not have <br /> fully complied with the terms of the lease, Lessor shall hold and retain possession of the property, <br /> improvements, and equipment of Lessee as security unto Lessor for the payment of rents and <br /> royalties due Lessor, or to protect Lessor against liens, or to indemnify Lessor against any loss or <br /> damage sustained by Lessor by reason of the default of Lessee, for which purpose Lessor is hereby <br /> given a lien upon all such property, improvements, and equipment, which lien shall attach as the <br /> same are placed upon the premises. In the event Lessor shall foreclose the lien in this article given <br /> to Lessor by Lessee, Lessor may itself be a purchaser at any sale thereof under such foreclosure. <br /> c) Unlawful Detainer. Upon the termination of this tease for any cause, if Lessee shall remain in <br /> possession of said premises, Lessee shall be guilty of an unlawful detainer under the statutes in such case <br /> made and provided, and shall be subject to all the conditions and provisions thereof and to eviction and <br /> removal, forcibly or otherwise, with or without process of taw, as above provided. <br /> d)Interest and Processing Fees; Penalties. Interest and processing fees in the amount of one point five <br /> percent(1.5%) per month or portion thereof shall be imposed for late payments and improper or partial <br /> payments. In addition, the State Land Board may charge penalties as provided in the State Land Boards <br /> published fee schedules, as they may be amended from time to time. Said interest, processing fees, and <br /> penalties (if any) shall accrue from the dates such amounts accrued to the State Land Board until paid <br /> by the Lessee. <br /> e) Cumulative Rights. The rights and remedies reserved to the State Land Board, including those not <br /> specifically described,shall be cumulative, and the State Land Board may pursue any or all of such rights <br /> and remedies, at the same time or separately. <br /> 37. TAXES--Lessee shall pay all taxes,or payments in lieu of taxes,lawfully assessed for the Leased Premises <br /> or improvements thereon. <br /> GL 112927 Revised DOL 11/2018 <br /> Page 10 of 14 <br />