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.�`: <br /> • - • :`:,���-:: ;: `�, ` . <br /> ' •��'.� � . • . ' <br /> premises, (3) failure to eomply vith any lav of any <br /> � qovernmental authority, or (1) any mechanic's lien � <br /> cr secuzity interest filed against the demised <br /> premi.ses or eauipment, materials, or alterations of <br /> buildings or ir�roverz:ents thercen. � <br /> S£CTZON EIGNT � 1 <br /> ' T <br /> DEFAVLT OR BREhC}S . <br /> Eech of the folloving evente nhell constitute . • <br /> a default or breach oi this lease hy Lessees . <br /> - (1) If Leseee, or any suecesaor or aaeiqnee of �I <br /> Iv_ssee whSle in posseseion, shall file e petitSon in <br /> bankruptcy or insolvency or for zeorganizetion under ' - � <br /> any bankzuptcy act, or ahall voluntarily take edvantage � <br /> oZ any euch act by answer or otherwise, or shnil make ' <br /> an assignment for the benefii of creditors. <br /> (2) If involuntary procdedings un9er any . <br /> ' bankruptcy law or ir:solvency act ahall be Snstituted - �� <br /> eqainst Lessee, oz if a receiver or trustee ahall be <br /> appointed o£ all or substantially ell oi the prooerty � <br /> oi Lessee. and such proceedings shall not be dismissed <br /> or the receivezship or truateeship vacated within 30 <br /> dnye after the institution or aFpointment. �. <br /> (31 i.f LesFee shall fail to pey Leaeor any <br /> rent or additional rent ahen the rent shall become due � <br /> end sha71 not make the payment witt�in 20 day■ aTter <br /> notice U�ereof b+, Lesaor to Lessee. . <br /> (1) If Lessee shall feil to pezform or cortply , ' <br /> � with any of the conditione of this lease and if the non- <br /> petformance shall continue for a period oE 20 days after <br /> notice thereof by Lessoz to Leesee or, if t1�e perform- <br /> ance cannot be reasonably had within the 20-day F�eriod, <br /> Lessee shall not in good faith hav� cor.vnenced perform- � � <br /> ance within the 20-day period rnd shall� not diligently <br /> proeeed to completion o£ pezfozmanee. - <br /> � . <br /> c <br /> x <br /> :a I <br /> V <br /> V � u,„� <br /> � LEASE - PAGE FOUR � <br /> �� <br /> . _� . ���� <br /> . � , . '� a <br /> � <br /> 1706I30 231 �,�, gl ' <br /> I � �T�:����� . . . . . . .. . __._. . f. _.. .. �_" <br /> � <br />