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la) The abandonment of tht Premlies; or the vacat1 11s of the Premises without providing a c.omml)rctally re1:uon able level of murlty, or where the
<br />c:overage of the property Insurance desctlbed In ParagraphB,3 rs Jeopardized asamuJt ther<!of,or without pro11ldlng ren$onable usu ranees lo mlnlmlie p otenttal
<br />vandallsm.
<br />(b) lhe f.illura of L11s'8e to make art( payment of Rent or any Sec�rlty Deposit re�Ulred to be made by Leu ae hereunde.r, whether to Lessor orto a third
<br />party, when due, to pro-.itk! rf'.Uonable ltVldence of Insurance or surety bond, or to fulml any obllgatlon u11der this Lfase wh\c:h t!Odanaeu or threatens life or
<br />propl!rty, where .such (allure con tfnues for a period of 3 bUslness days followlng written notice to Lessee. THE. ACCEPTANCE ev LESSOR OF A PAl\ll AL PAYM ENT OF
<br />RENT OR SECURITY DEPOSIT SHAU NOT CONSTITUTE A WAI VER OF ANY OF t.tSSOR 'S RIGHTS, INCWOlNG lr5SOR'S RIGHT TO RECOvtfl POSSESSION OF THE
<br />PREMISES,
<br />(cl The failure of leS$Qe lo allow Lessor and/or lt.$ aaents acco� to the Prt:mlses or the commission of w,sle, act or acu eonstttutlng pub lie or private
<br />nuisance, and/o r an lllea•1 actwl tyon thG Pre.mises by Les.s-ee,where sueh actions c.onUnue lora period of 3 business days following written notice to lessee, In the
<br />event that Lessee commits waste, e nuisance or an Illegal ittllvlly a second �me then, the Lesso, may elect to treat such conduct as a no,n.curable Breach rather lhan a
<br />Defaull. ldl The failure by tu�e to provide [11 reasonable written evidence of compliance wlth Applltable Require menu, (111 tnlil Hirvlce contracu, (lll)thc
<br />�clsslon of an unauthorized uslanment or subletting, (Iv) an Estoppel Cert lfk:ate or Hnancial statements, M, reque�ed subordlm1lfon1 (vi) evid ence concerning any
<br />guaral'lty and/or Guarantor, {v!l) any document requested under Paragraph 42, (viii) materlat sarety datiill sheets {MSOS), or (Ix) any other documentation or
<br />Information which LesKJr may rea1on0bl'!' req1.1lr1 of leuoe under the terms cf this le:11se, where att)I such fcJllure continues for a period of 10 days followlng written
<br />notice to U!Htf!.
<br />(e) A Oefalllt by Les� as w the term$, CMnanU, conditions or provisions of lhl$ Lease, or of the rules adopted under P-ar;graph 40 hereof, other than
<br />I hose described In $Ubpar.igr-aphs 13,l(al, (b), (c) Qf (ti}, above, when1 suth Default conttnues fo r" perlod of ao daYtafter w1\tten notice; pro'Jlded, ho�vor, that If
<br />1he nature of Lessee's �fault Is such that more than 30 day, are reasonably required for ltscwe, then II shall not be d�med to� a Breath If Les.see commences
<br />such cure within said 30 day per kid and thereafter dlTigently prosecutes such core to completi on.
<br />(fl The oecurret'ICe of any of the followlngevents: II) the making or any general arrangement ot as�lgnment fotthe benefit of cre dltofl; (II) bacomlng a
<br />�debt(lr• es defined In 11 U,S,C § 101 or anysuaes.sor statute the reto (unle ss, kl the ease of a petition filed agalfdt lessee, the same Is ditmlssed wltMn 60days)i (nl)
<br />the appointment (If • tru staa or re«1 Net to tab pomnlon of subsl,ntially all of l.es$et's ,s� located al the Pri!mlses or of Lenee's Jnterest In this Lta.s:e. where
<br />pocmslon Is not re stored to Uuee wllhlo 30 days; or (Iv) the att,chment1 exetutlon 0crother Judicial selture of ,ubstantlalty all of lessee's as.set! located at the
<br />Premhm or of Les.sea's lntere$t lit thl� Uu1se, where such 9eJzure ls not discharged within 30 days; provided, however, In 1he event that any provision ot this
<br />subparaaraph Is eontraiy to any appllcabla In� suth provision shall be of no force or effect, and not afw:t the valldlty of the tomainlna pl'O'lislons.
<br />(B) The d't$co1,•fHY llut any Rnanclal statement of Lessee or of any Guar.11nto, &t\llln to Leuor was matetl1llv false.
<br />(hi If the performance of L1m1ae's obllg;il1ons u"der thls leasa ls guaranteed: {IJ the death of a Guaran to r, (II) the 1ermlnat1on of a Guaran1or's liability
<br />with tespect to this t.ea1e other than In accord ante with the terms of such gu;ranty1 (nil a Guarantor's beco ming tnsol\lt'nt or th & subJ1ict of a bankruptcy flUng, (lvl a
<br />Guarantor's r1iusal to honor tlia guaranty, or Ma Guarantor's breach of 11.5 guaranty obligation on an anticipatory basls1 and Louee's failure, within 60 days follow Ins
<br />written notitt of any suell event, to proYlde wr itten alternative assurance or security, wh\th, whe.n cou pled with tho then exbling resources of tesste, equals or
<br />exceeds the combined flnandat ce sour(es of Lu see and the Guuantors that existed at the ttme of e�ecutfon of this lease,
<br />13,2 Rem!dlr.'ls. If te:wie fa.I� to perform any of Us affirmative duties o, obllgations, within 10 days after written nottc• tor In ca se of anemersency, without
<br />n-otite), Lessor may, at IU opUon,perk>rm such duty or obligation on Lenee's beha lf, Including but not limited to the obtaining of rf)a1onab?y requi red bondi,
<br />Insurance pollcias, or governm ental llcells es, permlt1O, approv.,ls. U:lssee 1hall pay to Lusor an amount equal to l1S% of the com and ekpensei Incurred by Lessor
<br />In such perfo rmaote upon rec el pl of an lnvolc'1 therefor. In the event of a Breach, Lestor may, wllh or witho ut furtMr notfceor demand, and without Umlttna Lessor
<br />In the eXi?rthe of any rleht or remedy which Leuor may have byrea5on of such Breach:
<br />(a)Te rminate lessee') right to possession of the Prem I Jes by any lawful means, In which taJe this L.ea,eshall t�rm lnate and Leuee shall lmmedlatll:ly
<br />JUrrender pos�sslon to leuot, In such event Lessor $hall be entitled to recOYer ftom LC me: (I) the unpaid Rent which had been eame-d al the time of termina tion;
<br />{II) the worth at IM tlmeof award of the amount by which the unpald rent which would have been earned after termination until the time ofaW\lrd eitteeds lhe
<br />amount of such rental loss that the lessee proves could hwe been reasona�'t' avoided; (HI) thQ worth at lhQ tfme of award oftJle amount by which the unptld rent fur
<br />the balance of the term a rt e, the time of award exceeds thl! amount of such rental loss th at the Lenee proves could be reasonably avoldedi and IN) any other amount
<br />necessary to comp1msate lesw tor' all the detrtment proxlma tely mi std by the t..essee'l failure 10 p!rform Its ob!lgat101u under thl5 lease or which In the ordinary
<br />course of thlng5 would be llkelyto re,.ult therefrom, lntludlna but not limited to 1he con of rtt:overlng pcnesslon of the Premises, t11penm of re1ettlne:, indudlng
<br />n&ees sary renovation and 11ltertt-!on of the Prtmlses, reas onable attorneys' k:U, and that portion of any leaslng oomml,slOn paid by Lessor h't tonnectlon with this
<br />teu e 1pplkable to the unexpired term of this Lease. Tho worth at the time of award of the amount referred to In provision (UI) of the lmMedlately p,ecedlna
<br />1tm t�ce lhill1 be computed bydls«iuntlrig such amount at the discount rate of the Federal Reserve Bank cf the Dbttlt1 within whlth tho Pntml�s are lotatod at the
<br />time of �rd plu, ol\e percent. Effort, by Leu or to mitigate damages caused by Unsee's Breach of this Lease shall not waive lessor's right to ceoove, 11ny damages. to
<br />which lessor Is otherw� en ti tied. If termination of t11ls Lease ls obtained tlirough thfl provhlon11I remedy of unlawful detainer, Lessor shall have the right to recover
<br />In such proceeding anv unpaid Rent and damages al are r9coverable therefn, or lessor may res erve the r'8ht to r�c over all or any patt thereof In a separate 1,ult. If a
<br />no ti ce and grace period required under Ptlr;graph 13.1 was not prevlouslv given, a f\otlce to PBY rent or qult, or to perform or quit give n to Lessee under the unlawfu l
<br />detaff'\tr statute shall also trJns"tute the notice-requited by Paragraph 13,1, Jn such ea se, ti� applicable grace period require-ti by Paragraph 13,1 and the unlawful detainer statute ih•II run concun ently, and the fadure of less� to cute the Oetault wtlhln tha grnter of 1he two such grac:e pettods shall constitute both an unlawful
<br />detainer and a B re ach of this Leaw entitling lesror to the rt1.medies prc;.,.lded for In tlils Lease and/(lt by said statut@.
<br />lbl Continue the Lease and Lessee's right to possession and recover the Aent as It becomes due-, In which ev,ant Leueemay sublet or aulgn, subject only
<br />to reasonable llmltattons. Aru of maintenance, efforts to relet, iillnd/or the appointment of a receiver to protect the Lesso,1s Interests, shall not con stnute a
<br />tetmlnatJ.on of lhe Leuee's right to possession,
<br />(cl Pullueany other remedy MW or hereafter available under the laws or Jvdlcl.il deClslon s of the state whflreln the Premlsil are !ocat�. 'fhe explra tto11
<br />or termination of this ume and/or tho termln atlon of Les�e•srlght to po-™lsslon ih;lll not relll!v<t Lessee fr om llablUty under any Indemnity provisions of th I$ lease
<br />a.. to mJ.tlf!l'S oQ:u rrlns or accrlllng durlng the term hi:reof or by re.ison of Les�e•s occupancy of the Premises.
<br />13.3 Inducement Recepture, Any agreement for free nr abated rent or othtr charges, lhe cost of tenant improvements for ltruee paid for (If perfo rmtd by
<br />lessor, or for the giving or paying by lessor to Cir forleuea of any ca1h Mother bonus, Inducement or consideration for l@SSl28'1 ente ring Into this le Me, all of which
<br />co ncessions •re hereinafter refe rred to u "lndutflment Pro'llslons," shall be: de emed eond ttlo11ed upon Le:!>$ee't full and hilthful perf(lrm1mttt of all of the term$, ccwo nanu and condltlol'IS of this Loase. Upon Breach of this lease bV Lenee, any such lnduetrnent Provblo11 shall autom•tlcallv be deemed deleted ftom thl$lea�e
<br />and of no further force oreffett. and anv rent, other tharee, bonus, li\docement or COl'IS!di!!r11tion theretofore abated, g\Ven or paid by Leuor under ,uch an
<br />�
<br />• Provision ,h,11 ,. lmmodlal•� duo ,nd payable by ,,,.,. to '"'"'•
<br />�
<br />ng any sub$eqUefll cure ofnld Breach by u,s,ee. The ae<epta�,�
<br />.
<br />by
<br />.
<br />IN ITIALS >
<br />© 2019 AIR CRE. All Rish� Reserved. Last Edited: 2/25/2021 9:53 AM
<br />STN-27.30, Revised 11·25·2019 Page 10 of 16
<br />EXHIBIT 1
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