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TABLE OF CONTENTS <br />PAGE <br />ARTICLE 1. DEFINITIONS 1 <br />Section 1.1 Definitions 1 <br />Section 1.2 Exhibits 7 <br />ARTICLE 2. LEASE OF THE LAND 7 <br />Section 2.1 Lease of Land 7 <br />Section 2.2 Term 7 <br />Section 2.3 Use 7 <br />Section 2.4 Possession 8 <br />Section 2.5 Memorandum of Lease 8 <br />Section 2.6 AS -IS Conveyance <br />ARTICLE 3. THE IMPROVEMENTS <br />Section 3.1 Construction 9 <br />Section 3.2 Liens 10 <br />Section 3.4 Title to Improvements 11 <br />Section 3.5 Benefits of Improvement During Term 11 <br />ARTICLE 4. RENTS 12 <br />Section 4.1 Ground Rent 12 <br />Section 4.2 Payments 12 <br />ARTICLE 5 TAXES AND OTHER IMPOSITIONS; UTILITIES 12 <br />Section 5.1 Payment of Impositions 12 <br />Section 5.2 Lessor's Estate 13 <br />Section 5.3 Contested Taxes and Other Impositions 13 <br />Section 5.4 Valuation Assessment/Property Tax Exemption 13 <br />Section 5.5 Failure to Pay Impositions 13 <br />Section 5.6 Utilities 13 <br />ARTICLE 6. INSURANCE 14 <br />Section 6.1 Required Insurance Coverage 14 <br />Section 6.2 Insurance Policies and Premiums 15 <br />Section 6.3 Proceeds of Insurance 16 <br />Section 6.4 Limitation of Liability 16 <br />ARTICLE 7. MAINTENANCE, ALTERATIONS, REPAIRS AND <br />REPLACEMENTS 17 <br />Section 7.1 Maintenance of Leased Premises; Landscaping 17 <br />i <br />OAK #4832-6079-6241 v5 <br />