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8.1. SR 04-18-2016
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8.1. SR 04-18-2016
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permit the storage or deposit of any debris, equipment or materials on the adjoining city park <br /> property. <br /> (01) If Lessee (or any successor or assign) shall, prior to Substantial Completion: <br /> (a) Default in or violate its obligations with respect to the construction of the <br /> Improvements, or shall abandon or substantially suspend construction work, <br /> and any default or violation, abandonment or suspension shall not be cured, <br /> ended or remedied within thirty (30) days after written demand by Lessor so <br /> to do, or does not provide evidence satisfactory to Lessor that such Event of <br /> Default is not curable within thirty (30) days but will be cured as soon as <br /> reasonably possible; or <br /> (b) Fail to pay the Impositions or any part thereof when due, or shall place <br /> thereon any encumbrance or lien unauthorized by this Lease Agreement, or <br /> shall suffer any levy or attachment to be made, or any materialmen's or <br /> mechanic's liens, or any other unauthorized encumbrance or liens to attach, <br /> and such Impositions shall not have been paid or the encumbrance or lien <br /> removed or discharged, or provisions satisfactory to Lessor made for such <br /> payments, removal or discharge, within thirty (30) days after written demand <br /> by Lessor so to do; or <br /> (c) Sell or assign, in violation of this Lease Agreement, its interest in this Lease <br /> Agreement, the Improvements, the Leasehold Property or any part thereof, <br /> and such violation shall not be cured within thirty (30) days after written <br /> demand by Lessor to Lessee, or does not provide evidence satisfactory to <br /> Authority that such Event of Default is not curable within thirty (30) days but <br /> will be cured as soon as reasonably possible; or <br /> (d) Fail to comply with any covenants under this Lease Agreement and fail to cure <br /> any such noncompliance within thirty(30) days after written demand to do so, <br /> or does not provide evidence satisfactory to Lessor that such Event of Default <br /> is not curable within thirty (30) days but will be cured as soon as reasonably <br /> possible; or <br /> (e) Default under the terms of a mortgage loan authorized by Lessor, for which <br /> the mortgagee elects to pursue a remedy or expresses an intent to pursue a <br /> remedy, and shall fail to cure such default within thirty (30) days after written <br /> notice from Lessor to do so; <br /> then Lessor shall have all of the rights set forth in Article 12 of this Lease Agreement. <br /> 7.2) Other Improvements-Lessee will not construct or reconstruct any improvements or <br /> alter any existing improvements on the Leasehold Property(other than the Improvements constructed <br /> in accordance with approved Construction Plans)without the express prior written consent of Lessor. <br /> nURN[S 566679.5 9 of 23 <br />
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