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u*/1Y/bb 11:10 rA.t 1 Ulu 014 a4zo VhL1A JAINU do %;Iha 44--) UIN11M) WJUY <br />Lessee to maintain such permits, At the Termination Date, Lessee shall use its best efforts to <br />assign all such permits to Lessors. <br />Section 9, TWs anal Xnsittance, Lessors shall pay all ad valorem taxes as they bmerne <br />due on the Parcels, Lessee shall pay all, personal property taxes on the contents belonging to it as <br />such taxes become due. Lessee shall maintain at its cost sufficient liability insurance to adequately <br />protect the interests of both Lessee and Lessor from foreseeable losses. <br />S 'Qn 14. ALIgmnemt, Sublet or Li??. Lessee shall not assign or sublease the <br />Parcels, or any right or privilege connected therevu* or allow my other person except agems <br />and employees of Lessee to occupy the Parcels or any part thereof witlwut first obtaining the <br />w%Ateu--couseat of Lessorsy which consent shall not be unreasonable withheld Nonuithstanding <br />the foregoing, 1,0-1 a may assign its rights hereunder to any affiliate of Oldca_stle, Inc. without <br />such consent, as long as at least fifty percent (30°/a) of the equity ownership of sch affiliate is <br />then owned by Aldcastle, Ina Any unauthorized assignment, sublease or license to occupy <br />granted by Lessee stall be void and shall temainate the Lease at the option; of Lessors. The <br />interest of Lessee in this Lease is not assignable by operation of law without the written c:onsemt <br />of Lessors. <br />Section 11. Breach. The appointment of a receiver to take possession of the assets of <br />Lessee, s general assignment for the benefit of the creditors of Lessee, any action taken or <br />allowed to be taken by Lessee under suy baulouptcy act or the failure of Lessee to comply with <br />each and every term and condition of thus Lease shall constiMe a breach of this Lease. Lessee <br />shall have thirty (30) days after receipt ofwrWen notice from Lessors of any breach to eorreac the <br />conditions specified in the notice. <br />Section , 1122. Rem2&6 of Dots for Breach by Lessee. Lessors shall have the following <br />remedies in addition to its other rights and remedies in the event Lessee breaches this Lease <br />Agreement in auy respect or otherwise fails to make corrections as set forth iu Section 1 t: <br />(a) Lessors may re?euter the Parcels immediately and remove the property and permanel <br />of Lessee, and may store the property in a public warehouse or at a place selected by Lessors at <br />the expense ofLessee. <br />(b) After re-entry, Lessors may terminate the Lem by giving thirty (30) days' written <br />notice of termination to Lessee. Without such notice, re-entry will not terminate the Lease, On <br />termnation, Lessors may recover f -am Lessee all damages proximately resulting from the breach, <br />including the cost of recovering the Parcels and the worth of the balance of this Lease over the <br />reasonable rental value of the Parcels for the remainder of the Lease term, which sum sball be <br />immediately due to Lessors fcom Lessee. <br />(c) After re-entering, Lessors may relet the Parcels or any part thereof for any term <br />without terminating the Lease, at such rent and on such terms as it may choose. Lessors may <br />make alteratious and repairs to the Parcels. The duties and -liabilities of the patties if the Parcels <br />are rcW as provided hereia shall be as fellows: <br />3