$_________. If lessee elects to exercise this option, _________[he or she] must give at
least _________ days' written notice to lessor prior to the termination of this lease.
SECTION FOURTEEN
REDELIVERY OF PREMISES
At the end of the term of this lease, lessee shall quit and deliver up the premises to
lessor in as good condition as they are now, ordinary wear, decay, and damage by the
elements excepted.
SECTION FIFTEEN
DEFAULT
If lessee defaults in the payment of rent or any part of the rent at the times specified
above, or if lessee defaults in the performance of or compliance with any other term or
condition of this lease agreement _________[or of the regulations attached to and made
a part of this lease agreement, which regulations shall be subject to occasional
amendment or addition by lessor], the lease, at the option of lessor, shall terminate and be
forfeited, and lessor may reenter the premises and retake possession and recover
damages, including costs and attorney fees. Lessee shall be given _________[written]
notice of any default or breach. Termination and forfeiture of the lease shall not result if,
within _________ days of receipt of such notice, lessee has corrected the default or
breach or has taken action reasonably likely to effect correction within a reasonable time.
SECTION SIXTEEN
DESTRUCTION OF PREMISES AND EMINENT DOMAIN
In the event the leased premises are destroyed or rendered untenantable by fire, storm,
or earthquake, or other casualty not caused by the negligence of lessee, or if the leased
premises are taken by eminent domain, this lease shall be at an end from such time except
for the purpose of enforcing rights that may have then accrued under this lease
agreement. The rental shall then be accounted for between lessor and lessee up to the
time of such injury or destruction or taking of the premises, lessee paying up to such date
and lessor refunding the rent collected beyond such date. Should a part only of the leased
premises be destroyed or rendered untenantable by fire, storm, earthquake, or other
casualty not caused by the negligence of lessee, the rental shall abate in the proportion
that the injured part bears to the whole leased premises. The part so injured shall be
restored by lessor as speedily as practicable, after which the full rent shall recommence
and the lease continue according to its terms. Any condemnation award concerning the
leased premises shall belong exclusively to lessor.
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