10.01 - Smokey Hollow Fish Building

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F � 8. COVENANTS: It is further agreed between the Lessor and Lessee that this Lease is made upon the condition that if the Lessee shall neglect or fail to keep, observe and perform any of the covenants and agreements contained in this Lease,which are to be kept, observed or performed by the Lessee, or if the leasehold interest of the Lessee shall be taken on execution or other process of law,or if the Lessee shall petition to be or be declared bankrupt or insolvent according to law,or if the Lessee shall vacate said premises or abandon the same during the term of this Lease,than and in any of said cases Lessor may immediately or at any time thereafter, and without further notice or demand, enter into and upon said premises, or any part thereof,in the name of the law and take absolute possession of the same fully and absolutely without such re- entry working for a forfeiture of the rents to be paid and the covenants to be performed by the Lessee for the full term of this Lease. This Lease shall not be assigned or sublet without the written permission of the Lessor. It is further agreed that if the premises are damaged or destroyed,to such an extent that the parties agree that the premises are uninhabitable, Lessor shall be under no obligation to repair the premise, and this Lease shall terminate,unless otherwise agreed upon by the parties. 9. TAXES: Lessor shall pay all real estates taxes on said premises. 10. DEFAULT: If default should be made in any of the covenants of this Lease, Lessor or his or her legal representatives may, immediately or at any time thereafter,take possession of said property, wherever it may be found, forcibly, if necessary, without being deemed guilty of any manner of trespass, and without thereby rendering itself liable to refund any sums received as rent as aforesaid, and thereupon this Lease shall terminate,but without prejudice to any remedies which Lessor might otherwise use for arrears of rent or any breach of the covenants of the Lessee contained in this Lease. 11. LATE CHARGES/NSF CHECKS: For each payment that is not paid within 5 days after its due date, Lessee shall pay a late fee equal to 5%of the required payment. Payment will be deemed made when it is received by Lessor, or when it is mailed by Lessee, evidenced by the postmark on the envelope in which the payment is mailed. Lessee shall be charged$20.00 for each check that is return to Lessor for lack of sufficient funds. 12. ACCESS BY LESSOR: Lessor shall have the right to enter the property to make inspections during regular business hours. Lessor does not assume any liability for the care or supervision of the property. In the case of emergency, Lessor may enter the property without Lessee's consent. IF Lessee elects not to exercise the options to continue to occupy the property, Lessor shall be allowed to display"For Rent" signs in places to be agreed upon by Lessor and Lessee, and to show the property to prospective tenants.