510. Statutory conditions of re-entry.

A right of re-entry or forfeiture under any proviso or stipulation in a lease1 for a breach of any covenant or condition in the lease is not enforceable2 unless and until the lessor3 serves on the lessee a notice4:

  1.  

    (1)     specifying the particular breach complained of5; and

  2.  

    (2)     if the breach is capable of remedy, requiring the lessee to remedy the breach6; and

  3.  

    (3)     in any case, requiring the lessee to make compensation in money for the breach7,

and the lessee fails, within a reasonable time thereafter, to remedy the breach, if it is capable of remedy, and to make