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(c) covenants with the Lessee for quiet enjoyment;

(a) may, at its option, re-enter and take possession
of the Lands at any time following:

nonpayment of any monies owing under this
Agreement. on or before the day and in the
amount stipulated by this Agreement;

nonperformance of the covenants or any
them contained in this Agreement;

seizure or forfeiture of the Term; or
(iv) creation of a lien of the Lands.

9. 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
creditors, 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.

il. The Lessee covenants and agrees that it will not enter
into any contracts for work and materials, or @ither of them, to
or 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. iTEM | PAGE

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