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Thank you for asking for me. In answer to your first question, you cannot refuse to accept the money payment if the court rules the tenants can cure their default by paying past due rent.
On the second question, if the lease does not end until August 2017, you can give notice that you will not renew the lease and they have to vacate at the end of the lease. Unless they are in default, you cannot terminate the lease early. Check the lease to see what the notice provisions are. If there is no provision deaiing with renewal of the lease, then you want to give the notice at least 30 or more days before the lease expires.
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Thank you for positively rating my answer. I am glad I could be of help. If you have questions in the future please ask for me Richard - Bizlaw.