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(b) TENANT's continued failure to perform any other covenant, promise, or <br />obligation of this Lease for a period of more than thirty (30) days after written notice <br />thereof by LANDLORD to TENANT, unless such failure can not reasonably be cured <br />within thirty (30) days and in that event TENANT shall commence to cure said failure <br />within the thirty (30) day period and thereafter diligently continue to cure the failure; <br />(c) The bankruptcy of, or appointment of a receiver or trustee for, TENANT; <br />(d) TENANT or any guarantor of TENANT's obligations under this Lease <br />voluntarily petitions for relief under, or otherwise seeks the benefit of, any bankruptcy, <br />reorganization, or insolvency law; <br />(e) The sale of TENANT's interest under this Lease by execution or other <br />legal process; <br />(f) The seizure, sequestration or impounding by virtue or under authority of <br />any legal proceeding of any of the personal property or fixtures of TENANT used in or <br />incident to the operation of the Premises; <br />(g) <br />creditors; <br />TENANT's making an assignment of this Lease for the benefit of <br />(h) Any sale, transfer, assignment, subleasing, concession, license, or other <br />disposition prohibited herein; or <br />(i) TENANT doing or permitting to be done anything that creates a lien upon <br />the Premises if TENANT fails to obtain the release of any such lien or bond off any such <br />lien as required herein. <br />10.2 LANDLORD'S REMEDIES. Upon TENANT's default hereunder LANDLORD <br />may exercise any one or all of the following options, provided that such is not prohibited by the <br />default and remedy laws of the State of Colorado: <br />(a) Terminate TENANT's right to possession under this Lease and reenter and <br />take possession of the Premises and relet or attempt to relet the Premises on behalf of <br />TENANT, at such rental and upon such terms and conditions as LANDLORD may, in the <br />exercise of LANDLORD's reasonable discretion, deem best under the circumstances for <br />the purpose of reducing TENANT's liability. LANDLORD shall not be deemed to have <br />thereby accepted a surrender of the Premises and TENANT shall remain liable for all <br />rental and other charges due under this Lease and for all damages suffered by <br />LANDLORD because of TENANT's breach of any of the covenants of this Lease. At any <br />time during such repossession or reletting, LANDLORD may, by delivering written <br />notice to TENANT, elect to exercise its option under the following subparagraph to <br />accept a surrender of the Premises, terminate and cancel this Lease and retake possession <br />and occupancy of the Premises on behalf of LANDLORD. <br />9 <br />