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(e) Any insurance carrier cancels any insurance on the Equipment which is <br />• required hereunder without the Lessee first providing replacement coverage. <br />(f) The Equipment or any part thereof is abused, illegally used, misused, <br />lost, destroyed or damaged beyond repair. <br />(g) The failure of the officer charged with the preparation of the Lessee's <br />budget to include in the budget for each fiscal year of the Lessee during the Lease Term a request <br />that the City Council appropriate in such fiscal year the amount of the rental payments and other <br />payments due under this Agreement during such fiscal year. <br />. 14.2 Remedies on Default. Upon the occurrence of any Event of Default, the Lessor <br />may exercise any one or more of the following remedies as the Lessor in its sole discretion shall <br />elect. <br />(a) Declare the entire amount of rental payments hereunder immediately due <br />and payable as to any or all items of Equipment without notice or demand to the Lessee. <br />(b) Proceed by appropriate court action to enforce performance by the Lessee <br />of the applicable covenants of this Agreement or to recover for the breach thereof including the <br />• payment of rental payments due or to become due hereunder or any deficiency therefor following <br />disposition of the Equipment. <br />(c) Reenter and take possession'of the Equipment wherever situated without <br />any court order or other process of law and without liability for entering the premises and sell, <br />lease, sublease or make other disposition of the same in a commercially reasonable manner for the <br />account of the Lessee, and apply the proceeds of any such sale, lease, sublease, or other <br />disposition, after deducting all costs and expenses, including court costs and reasonable attorneys' <br />fees, incurred with the recovery, repair, storage and other sale, lease, sublease or other disposition <br />costs, toward the balance due under this Agreement. <br />(d) Terminate this Agreement as to all or any part of the Equipment and use, <br />operate, lease or hold the Equipment as the Lessor in its sole discretion may decide. <br />14.3 Further Remedies. A termination hereunder shall.occur only upon notice by the <br />Lessor to the Lessee and only with respect to such portion or portions of the Equipment as the <br />Lessor specifically elects to terminate in such notice. Except as to those parts of the Equipment <br />with respect to which there is a termination, this Agreement shall remain in full force and effect <br />and the Lessee shall be and remain liable for the. full performance of all its obligations hereunder. <br />All remedies of the Lessor are cumulative and may be exercised concurrently or separately. The <br />•exercise of any one remedy shall not be deemed an election of such remedy or preclude the <br />exercise of any other remedy. <br />11 <br />