The City: will provide water hookup, sewer hookup and electrical hookup to the community building free of charge; will obtain the building permit for the community building; covenants with the Lessee for quite enjoyment; may, at its option, re-enter and take possession of the Lands at any time following: (i) nonpayment of any monies owing under this Agree- ment on or before the day. and in the amount stipulated by this Agreement; (ii) nonperformance of. the covenants or any of them - contained in this Agreement; (iii) seizure or. forfeiture of the Term; or (iv) creation of a lien of the Lands. “9. 0 If the ‘Term shall be at any time seized or taken in “execution or in attachment by any creditor of the Lessee, or if the Lessee shall - make- any assignment for the benefit. of credit- OFS, Or becoming bankrupt or.insolvent, shall take the: benefit of. -any Act which may be in force for: bankrupt or insolvent debtors, then the Term shall. immediately become forfeited and void. = “10. “The City grants the Lands to the Lessee for the Term solely for the purpose of a community building and. for purposes incidental and ancillary thereto. ll. ~The Lessee covenants and agrees that it will not enter into any contracts for work and materials, or either of them, to ox for an- improvement on .the Lands without first: submitting a financial’ plan—for the payment of the work-and materials: to the “City and obtaining the prior written approval | of the Treasurer of "the > City to enter into the contract. cs 12... | Should the Lessee neglect to obtain and. maintain insurance, or either of these, as aforesaid, or deliver. such Senay