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actions from time to time in the future. All rights and remedies of Circle Pines under <br /> this lease shall be cumulative and shall not be exclusive of any other rights and <br /> remedies provided to Circle Pines under applicable law. <br /> 12. WAIVER. If, under the provisions hereof, Circle Pines shall institute <br /> proceedings and a compromise or settlement thereof shall be made, the same shall not <br /> constitute a waiver of any covenant herein contained nor of any of Circle Pines' rights <br /> hereunder. No waiver by Circle Pines of any breach of any covenant, condition or <br /> agreement herein contained shall operate as a waiver of such covenant, condition, or <br /> agreement itself, or of any subsequent breach thereof. No payment by Lino Lakes or <br /> receipt by Circle Pines of a lesser amount than the yearly installments of rent herein <br /> stipulated shall be deemed to be other than an account of the earliest stipulated rent <br /> nor shall any endorsement or statement on any check or letter accompanying a check <br /> for payment of rent be deemed an accord and satisfaction, and Circle Pines may <br /> accept such check or payment without prejudice to Circle Pines' right to recover the <br /> balance of such rent or to pursue any other remedy provided in this lease. <br /> 13. HOLDING OVER. In the event Lino Lakes continues to occupy the <br /> premises after the last day of the term herein created, and Circle Pines elects to <br /> accept rent thereafter, a tenancy from year-to-year only shall be created. <br /> 6 <br />