Approving Lease Agreement between the City of South Bend, South Bend Civiv Center Board of Managers

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U.S. Registered mail on the President of The Art Center, Inc., and be effective upon mailing, postage prepaid. 15. After the service of notice,.or the commencement of a suit, or after final judgment for possession of said Premises, Lessors may receive and collect any rent due and the payment of said rent shall not waive or affect said notice, said suit or said judgment. It is expressly agreed that no waiver nor apparent waiver, nor the failure of Lessors to require strict performance of any condition, covenant or agreement shall estop Lessors from enforcing such condition, covenant, or agreement, nor any other condition, covenant, or agreement shall at any time be implied. At the termination of this lease, by lapse of time or. otherwise, Lessee will yield up immediate possession to Lessors. 16. Any fixtures or equipment that are paid for or installed by the Lessee shall remain the property of the Lessee. Upon termination of this lease, the Lessee shall have the option of (a) leaving such fixtures or equipment and surrendering them as property to the Lessor or (b) removing such fixtures and equipment and being responsible for restoring the walls, floors, etc. to the same condition as such walls, floors, etc. were prior to the installation of such equipment or fixtures. 17. Lessor agrees to release the Lessee from any financial obligations arising under this agreement during such periods of time that the Civil City of South Bend does not or cannot maintain its financial support of the Lessee at levels at least comparable to the rental charge made by the Lessor under this agreement. The Lessee agrees to program and operate the portion of the South Bend Century Center set forth in this agreement.