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Early Termination of Lease

My contract contains the early termination addendum.  My Tenant wants to terminate several months before the contract is due to end.  The addendum states that she is to give me 60 days notice prior to termination and also states that she agrees to pay $1600 Early Termination Fee.    I would like an interpretation of this so that I am sure to communicate properly to her.  Is this stating that she is to pay two months rent, then the $1600 after that?  Thank you for your assistance.
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