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LA515\1\1013142.v2 5 <br />trustee of all or any portion of the Leased Premises, or if the Tenant makes <br />an assignment for the benefit of creditors. <br /> <br />B. City’s Remedies: If an Event of Default occurs, the City shall have the following <br />remedies; <br /> <br />(1) The City may, but shall not be obligated to, and without notice to or demand <br />upon the Tenant and without waiving or releasing the Tenant from any of <br />the Tenant’s obligations under this Lease, pay or perform any obligations <br />of the Tenant; pay any cost or expense to be paid by the Tenant; obtain any <br />insurance coverage and pay premiums therefor; and make any other <br />payment or perform any other act on the part of the Tenant to be made and <br />performed as provided for in this Lease, in such manner and to such extent <br />as the City may deem desirable, and in exercising any such right, may also <br />pay all necessary and incidental costs and expenses, employ counsel and <br />incur and pay attorneys’ fees. The Tenant shall pay costs to the City upon <br />demand with interest at seven percent per annum. <br /> <br />(2) The City may terminate this Lease by written notice to the Tenant in which <br />case the Tenant shall vacate the Leased Premises in accordance with <br />paragraph 12 of this Lease. Neither the passage of time after the occurrence <br />of an Event of Default nor the City’s exercise of any other remedy with <br />regard to such Event of Default shall limit the City’s right to terminate the <br />Lease by written notice to the Tenant. <br /> <br />(3) The City may, whether or not the City has elected to terminate this Lease, <br />immediately commence summary proceedings in unlawful detainer to <br />recover possession of the Leased Premises. In the event of the issuance of <br />a writ of restitution in such proceeding, upon the City’s reentry upon and <br />repossession of the Leased Premises, the City may remove the Tenant and <br />all other persons from the Leased Premises (subject to the Tenant’s right <br />and responsibility to remove the Tenant’s personal property pursuant to <br />paragraph 12 of this Lease). In the event the City reenters the Leased <br />Premises pursuant to this paragraph and the Tenant fails to remove the <br />Tenant’s personal property within the time period provided in paragraph 12, <br />all items of personal property not removed by the Tenant within said period <br />shall be deemed abandoned, and title thereto shall transfer to the City at the <br />expiration of such period or, upon the Tenant’s vacation of the Leased <br />Premises. These items may be disposed of by the City. The Tenant shall <br />be responsible for any disposal costs. <br /> <br />(4) In addition to all other remedies of the City, the City shall be entitled to <br />reimbursement upon demand of all reasonable attorneys’ fees which it <br />incurs in connection with any Event of Default. <br />