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(b) Notwithstanding any default by Lessee in the <br />performance or observance of any agreement, covenant or condition <br />of this Lease on the part of Lessee to be performed or observed, <br />Lessor shall have no right to terminate this Lease or interfere <br />with the occupancy, use and enjoyment of the Project unless (i) <br />an event of default by Lessee hereunder shall have occurred and <br />is continuing, (ii) Lessor shall have given any Mortgagee written <br />notice of such event of default, (iii) the Mortgagee(s) shall <br />have failed to remedy any monetary default, and (iv) the <br />Mortgagee(s) shall have failed to remedy any nonmonetary default, <br />acquire Lessee's leasehold estate created hereby or commence and <br />diligently pursue foreclosure or other appropriate proceedings, <br />all as set forth in, and within the time specified by, this <br />Section 21. <br />(c) Any Mortgagee shall have the right, but not the <br />obligation, at any time prior to termination of this Lease and <br />without payment of any penalty, to pay all of the Rent due <br />hereunder, to effect any insurance, to pay any taxes and <br />assessments, to make any repairs and improvements, to do any <br />other act or thing required of Lessee hereunder, and to do any <br />act or thing which may be necessary and proper to be done in the <br />performance and observance of the agreements, covenants and <br />conditions hereof to prevent termination of this Lease. All <br />payments so made and all things so done and performed by a <br />Mortgagee shall be as effective to prevent a termination of this <br />Lease as the same would have been if made, done and performed by <br />Lessee instead of by a Mortgagee. <br />(d) Should any event of default by Lessee under this <br />Lease occur, any Lender shall have 60 days after receipt of <br />written notice from Lessor setting forth the nature of such event <br />of default, within which to remedy the default; provided that in <br />the case of a default which cannot with due diligence be cured <br />within such 60 -day period, the Mortgagee(s) shall have the <br />additional time reasonably necessary to accomplish the cure, <br />C:GDLEASE.EHI -30- <br />