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KITTITAS COUNTY AIRPORT <br />BANKRUPTCY:It is further agreed and understood that in case of the insolvency or <br />bankruptcy of the Lessee,or any assignment for the benefit of creditors or the appointment <br />of a receiver for the Lessee,this lease shall be immediately forfeited and shall be of no <br />further forÅ“ and effect,and that the Trustee in Bankruptcy,Receiver,or Assignee for the <br />benefit of creditors shall not have any rights whatsoeverin the demised premises. <br />DEFAULT:In the event the Lessee shall fail to comply with any of Lessee's <br />commitments,duties or responsibilities under this lease,or any of its conditions or terms as <br />herein stated,the Lessor may terminate this lease by giving thirty (30)days written notice of <br />the conditions or terms being violated.If said failures are not corrected within the thirty (30) <br />day period,this lease may be terminated and the Lessor shall be entitled to peaceably <br />retake possession of the premises,provided the Lessee shall have the right to remove <br />improvements as herein provided. <br />WAIVER:No assent,express or implied,by the Lessor to any breach of any of <br />Lessee's covenants,agreements,conditions or terms hereof shall be deemed or taken to <br />be a waiver of any succeeding breach of any covenant,agreement,condition or term <br />hereof. <br />VENUE.In the event of any litigation between lessor and lessee arising out of this <br />lease,the venue for such action shall lie in Kittitas County,notwithstanding any contrary <br />provision of the Revised Code of Washington. <br />APPLICABILITY The covenants,agreements,terms and conditions contained in <br />this lease shall apply to and be binding upon Lessor and Lessee and their respective heirs, <br />executors,administrators,successor and assigns. <br />IN WITNESS WHEREOF,the Lessor and Lessee have signed their names and <br />affixed their seals the day and year first above written. <br />LESSOR: <br />BOARD OF COUbl CO .ISSIONERS <br />coMM/ss KITTITAS C UhlTY ßHINGTON <br />0/28/93 <br />rm:Commissioner <br />ProsecutingAttorney Commissione <br />RATCLIFF LEASE PAGE 6