(815 ILCS 636/35)
Sec. 35.
Notice of lessee's default and right to cure.
After a lessee has been in default for 10 days solely by reason of
the lessee's failure to make a timely lease payment and any applicable late
charges, the holder may declare the lessee to be in default and may send the
lessee a notice of default. A lessee who has been in default solely by reason
of the lessee's failure to make a timely lease payment and any applicable late
charges and who has not previously been afforded the right to cure the
default shall be
entitled to cure the default. If the lessee is entitled to cure the default
the notice shall contain a conspicuous statement that the lessee is entitled to
cure the default, setting forth the dollar amount necessary to cure the
default, the date by which payment must be made and the name, address, and
telephone number of the holder from which information may be obtained regarding
the cure. This Section shall not apply to any default other than the lessee's
failure to make a timely lease payment and any applicable late
charges.
(Source: P.A. 89-625, eff. 1-1-97.)
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