Southtowns Record

Planning Board agenda packet — September 30, 2026

Government
City of Lackawanna
Board
Planning Board
Meeting
Sep 30, 2026
Kind
Agenda packet
Topics
Zoning and land use, Water, sewer and drainage, Parks and recreation, Budget and taxes, Housing, Public safety

Original document

Same meeting

Text · page 106 of 131

Read the whole document on one page (all 131 pages, each with its own heading)

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& Jotformsian  Document ID: 261815503788061

  COMMERCIAL  LEASE

  B. If Lesser fails or refuses to perform observe or comply with any term,
  covenant or condition

  of this Lease (other than the payment of rent or additional rent) more than
  twenty (20) days after written notice was received.

  C. If Lessee shall make an assignment of its interest in this lease or in the
  Leased Premises for the benefit of its creditors.

  D. If Lessee’s interest in this Lease or in the Leased Premises is encumbered,
  transferred or taken by attachment, lien, execution or other legal process.

  E. If any petition shall be filed by or against Lessee by any court, whether or
  not pursuant to any statute of the United States or any state, if bankruptcy,
  reorganization, composition, extension, arrangement or insolvency proceedings
  shall be commenced by or against Lessee or if Lessee shall thereby or
  otherwise be adjudicated bankrupt, or is such petition shall be approved by the
  appropriate court or if the court shall assume jurisdiction of the subject matter
  thereof.

  F. If in any proceedings, a receiver or trustee shall be appointed or placed in
  control of Lessees property.

Upon or at any time after the happening of any one or more of the aforesaid events,
Lessee shall be in default under this Lease and Lessor may, at its option, exercise any
or all of its rights and remedies as proved in this Lease or as otherwise provided by
law or equity.

23. Abandonment. If at any time during the term of this Lease, Lessee abandons the
Premises or any part thereof, Lessor may, at its option, re-enter the Premises by any
means without being liable for any prosecution therefor, and without becoming liable
to Lessee for damages or for any payment of any kind whatever, and may, at its
option, as agent for Lessee, relet the Premises, or any part thereof, for the whole or
any part of the then unexpired term, and may receive and collect all rent payable by
virtue of such reletting. Additionally, at Lessor’s option, the Lessor may hold Lessee
liable for any difference between the rent that would have been payable under this
Lease during the balance of the unexpired term, if this Lease had continued in force,
and the net rent for such period realized by Lessor by means of such reletting.

24. Abandoned Personal Property. In the event Lessor’s right of re-entry is exercised
following either termination or cancellation of this Lease, or abandonment of the
Premises by Lessee, then Lessor may consider any personal property belonging to