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such default, whether the same consists of the failure to pay rent or the failure to perform any other obligation, and Landlord shall accept any such performance by any Leasehold Mortgagee as though the same had been done or performed by Tenant. (b) In case of a monetary default by Tenant under this Lease, Landlord will take no action to obtain possession of the Premises and/or the Improvements (including possession by a receiver) or to effect a termination of this Lease by reason thereof unless Landlord shall have served a copy of such notice upon any Leasehold Mortgagee and the default has continued for a period of fifteen (15) days beyond the date the Leasehold Mortgagee shall have received said notice. In the case of any nonmonetary default by Tenant under this Lease, Landlord will take no action to obtain possession of the Premises and/or the Improvements (including possession by a receiver) or to effect a termination of this Lease by reason thereof unless Landlord has served a copy of a notice of such default upon any Leasehold Mortgagee and such nonmonetary default continues for a period of sixty (60) days beyond the date the Leasehold Mortgages received said notice and the Leasehold Mortgagee shall not have done any of the following: (i) commenced to cure such default, if such default can be cured by the Leasehold Mortgagee without the Leasehold Mortgagee's obtaining possession of the Premises, within said sixty (60) day period, and, thereafter, diligently proceeded to cure such default; or (ii) commenced to obtain possession of the Premises and the Improvements (including possession by a receiver) within said sixty (60) day period, and, thereafter, LEASE BETWEEN CITY OF SAN LEANDRO AND SAN FRANCISCO BAY CONFERENCE RESORT PAGE 83 2574001\313983.8