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TABLE OF CONTENTS PAGE ARTICLE 1 DEFINITIONS. . . . . . . . . . . . . . I Section 1 1 Definitions . . . . . . . . . ... . .. . . . . . . . . 1 Section 1.2 Exhibits . . . . . . . . .. .. . .. . .. 7 ARTICLE 2. LEASE OF THE LAND . . 7 Section 2.1 Lease of Land . . . . . . . . . . . . . . . . . . . . . . 7 Section 2.2 Term . . . 7 Section 2 3 Use . . . . . . .... .7 Section 2 4 Possession . 8 Section 2.5 Memorandum of Lease . . . . . . . . . . . . . .8 SECTION 2.6 AS-IS CONVEYANCE . . . . . .... . . . . ....9 Section 3 1 Construction . . . . . . . . . . . .. ... . . . ....9 Section 3 2 Liens . . . . . . . . . . .. . . . . . . . . . . 10 Section 3 4 Title to Improvements. . . . .. . . ... . . . .. . . . . . . . . . 11 Section 3.5 Benefits of Improvement Dunng Term . . . . . . . . . . . . 11 ARTICLE 4 RENTS . . . . . . . . . . . . . . . . . . . . . . .. . 12 Section 4 l Ground Rent .12 Section 4.2 Payments . . . . . ... . . .. . . . .12 SECTION 4 3 DETERMINATION OF MARKET RATE RENT . . . . . . . . . . . 12 Section 5 1 Payment of Impositions . . . . .. . . . . . 12 Section 5 2 Lessor's Estate.... ...... . . ... .... . 13 Section 5 3 Contested Taxes and Other Impositions . . . . . 13 Section 5 4 Valuation Assessment/Property Tax Exemption .13 Section 5 5 Failure to Pay Impositions . 13 Section 5.6 Utilities .. .. . . .13 ARTICLE 6 INSURANCE. .... . . . . . . . . . 14 Section 6 1 Required Insurance Coverage . . . . . . . . . . . . 14 Section 6 2 Insurance Policies and Premiums.. . . . . . . . . ..15 Section 6 3 Proceeds of Insurance. . .. . . .... ... . ....... . . ... . . . . . 16 Section 6.4 Limitation of Liability ARTICLE 7 MAINTENANCE, ALTERATIONS, REPAIRS AND REPLACEMENTS . . . . . . . 17 Section 7 1 Maintenance of Leased Premises, Landscaping . .. . . . . . 17 Section 7 2 Landscaping Maintenance . . . . . . . . . 18 i 191\52\1656915 8 OAK tt4834-9609-1684 v9