Housing Consortium of the East Bay Ground Lease 20231030

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35 reorganization, dissolution, liquidation or winding up of Lessee, if such trustee or receiver shall not be discharged or such jurisdiction relinquished or vacated or stayed on appeal or otherwise stayed within ninety (90) days; (m) Any of Lessee's representations or warranties contained in this Ground Lease or in any financial statement, certificate or report submitted to Lessor in connection with this Ground Lease proves to have been incorrect in any material and adverse respect when made and continues to be materially adverse to Lessor if the failure of such representation or warranty is not cured within thirty (30) days after written notice of the default has been given to the Lessee. Section 14.2 Rights and Remedies. (a) At any time after the occurrence of an Event of Default hereunder, subject in all respects to the provisions of this Ground Lease with respect to Lessor's rights to cure defaults by Lessee, Lessor may, in addition to any other rights and remedies available at law or in equity, terminate this Ground Lease by giving Lessee written notice thereof, setting forth in such notice an effective date for termination which is not less than thirty (30) days after the date of such notice, in which event this Ground Lease and Lessee's interests created hereby and all interest of Lessee and all parties claiming by, through or under Lessee shall automatically terminate upon the effective date for termination as set forth in such notice, with the same force and effect and to the same extent as if the effective date of such notice had been the date originally fixed in Article 2 hereof for the expiration of the Term. In such event, Lessor, its agents or representatives, shall have the right, without further demand or notice, to re-enter and take possession of the Leased Premises (including all buildings and other Improvements comprising any part thereof) at any time from and after the effective termination date without being deemed guilty of any manner of trespass and without prejudice to any remedies for arrears of Rent or existing breaches of covenants; provided that Lessor shall not be entitled to disturb possession of any Residents or others in possession pursuant to Resident Subleases with Lessee so long as such Resident or others are not in default thereunder and attorn to Lessor as their lessor. (b) Upon the exercise of Lessor's remedies pursuant to this Section 14.2, Lessee shall execute such releases, deeds and other instruments in recordable form as Lessor shall reasonably request in order to accurately set forth of record the then current status of Lessee's rights hereunder. (c) If Lessee shall have failed to cure a default by Lessee after expiration of the applicable time for cure of a particular default, Lessor, at its election, but without obligation therefor (i) may seek specific performance of any obligation of Lessee, after which Lessor shall retain, and may exercise and enforce, any and all rights that Lessor may have against Lessee as a result of such default, (ii) from time to time without releasing Lessee in whole or in part from the obligations to be performed by Lessee hereunder, may cure the default at Lessee's cost, (iii) may terminate this Ground Lease, and/or (iv) may exercise any other remedy given hereunder or now or hereafter existing at law or in equity. Any reasonable cost incurred by Lessor in order to cure such a default by Lessee shall be due immediately from Lessee, together with interest, and may be offset against any amounts due from Lessor to Lessee. DocuSign Envelope ID: 6E2EA799-6D74-41E3-B3EE-3CD67DC0ACD0