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and upon such other terms and conditions as Lessor in his sole <br />discretion may deem advisable with the right to make reasonable <br />alterations and repairs to said premises; upon such re -letting <br />(a) Lessee shall be immediately liable to pay -to Lessor, in addi- <br />tion to any indebtedness other than rent due hereunder, the cost <br />and expenses of such reasonable re -letting and of such reasonable <br />alterations and repairs, incurred by Lessor, and the amount, if <br />any, by which the rent reserved in this Lease for the period of <br />such re -letting (up to but not beyond the term of this Lease) <br />exceeds the amount agreed to be paid as rent for the demised pre- <br />mises for such period on such re -letting; or (b) at the option of <br />Lessor rents received by such Lessor from such re -letting shall <br />be applied: first, to the payment of any indebtedness, other <br />than rent due hereunder from Lessee to Lessor; second, to the pay - <br />went of any costs and expenses of such re -letting and of such <br />alterations and repairs; third, to the payment of rent due and un- <br />paid hereunder and the residue, if any, shall be held by Lessor <br />and applied in payment of future rent as the same may become due <br />and payable hereunder. If Lessee has been credited with any rent <br />to be received by such re -letting under option (a), and such rent <br />shall not be promptly paid to Lessor by the new tenant, or if such <br />rentals received from such re -letting under option (b) during any <br />.month be less than that to be paid during that month by Lessee <br />hereunder, Lessee shall pay any such deficiency to Lessor. Such. <br />deficiency shall be calculated and paid monthly. No such re-entry <br />or taking possession of said premises by Lessor shall be construed <br />as an election on his part to terminate this lease unless a written <br />notice of such intention be given to Lessee, or unless the termina- <br />tion thereof be decreed by a court of competent jurisdiction. <br />Notwithstanding any such re -letting without termination, Lessor <br />may at any time thereafter, elect to terminate this Lease for such <br />previous breach. Should Lessor at any time terminate this Lease <br />for any breach, in addition to any other remedy he may have, he <br />may recover from Lessee all damages he may incur by reason of such <br />breach, including the cost of recovering the premises, and including <br />the worth at the time of such termination of the excess, if any, <br />-13- <br />