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the Improvements to satisfy the same, then before instituting any such proceedings Lessee shall fumish to
<br />~ Lessor , if so required by the terms of its mortgage, a surety company bond, cash deposit, or other security
<br />_ reasonably satisfactory to Lessor, as security for the payment of such Tax, in an amount su~cient to pay
<br />such Tax, together with all interest and penalties in connection with such Tax and all chazges that might be
<br />assessed against the Premises or the Improvements in the legal proceedings. Upon termination of such
<br />legal proceedings or at any time when L,essor shall determine the security to be insufficient for the purpose,
<br />~ Lessee shall forthwith, on demand, deliver to Lessor additional security as is sufficient and necessary for the
<br />purpose, and on failure of Lessee so to do, the security originally deposited shall be applied to the payment,
<br />removai, and discharge of the Tax and the interest and penalties in connection with the Tax and the charges
<br />and costs accruing in such legal proce~dings and the balance, if any, shall be paid to Lessee provided that
<br />-~ there is ttien no uncured default under this Lease. In the event that such security shall be insufficient for
<br />~ this purpose, Lessee shall forthwith pay over to Lessor an amount sufficient, together with the security
<br />' origwally deposited, to pay the same. Lessee shall not be entided to interest on any money deposited ~ ,
<br />~, pursuant to this section.
<br />. 6.7 Any contest as to the validity or amount of any Tax, or assessed valuation on which
<br />such Tax was computed or based, whether before or after payment, may be made by Lessee in the name of
<br />Lessor or of I.essee, or both, as Lessee shall determine, and Lessor agrees that it will, at Lessee's expense, .
<br />cooperate with Lessee in any such contest to such extent as Lessee may.reasonably request, it being
<br />understood, however, •that Lessor shall not be snbject to any liability for the pay~nt of any costs or
<br />expenses in connection with any proceeding brought by Lessee, and Lessee covenants to indemnify and
<br />save Lessor harmless from any such costs or expenses. Lessee shall be entided to any refund of any such
<br />Ta~c and penalties or interest that have been paid by Lessee or by Lessor and reimbursed to Lessor by
<br />Lessee.
<br />~ . Section 7. Insurance
<br />7.1 During the Term, Lessee shall have no obligation whatscever to maintain property
<br />insurance of any kind on the Improvements ~or any personal property on the Premises.
<br />~ 7.2 Lessee, at its expense, shall maintain at all times dnring the Term of this Lea.se public
<br />liability insurance in respect of the Fremises and the condnct or. operation of its business; with Lessor as
<br />additional insured, with $1,000,000 minimum combined singlo-limit coverage, or its equivalen~ All
<br />casualty insurance policies shall include conaachial liability, severability of intenest, and cross-liability
<br />~~ endorsements. When Lessee conducts demolition or excavation worlc, the exclusions now customarily
<br />referred to as the X• C• and ~T exclusions shall be deleted from Lessee's liability insurance. Lessee shall
<br />deliver to Lessor and any additional named insured such fully paid-for policies or certificates of insurance,
<br />in a form satisfactory to Lessor, issued by the insurance company or its authorized agent, at least 10 da.ys
<br />~~ before the Commencement Date. Lessee shall procure and pay for renewals of such insurance from time to
<br />time before the expiration, and Lessee shall deliver to Lessor and any additional named insured such
<br />renewal policy or certificate at least 30 days before the expiration of any existing policy. All insurance
<br />~ .policies shall co~tain provisions whereby (1) losses shall be payable despite the negligence of any person
<br />having an insurable interest in the Improvements; (2) the Proceeds will be paid in accordaace with the tern~s
<br />.~ of this Lease; and (3) the policies cannot be canceled or modified unless Lessor and any additional named
<br />insured are given at least 20 days' prior written notice of such cancellation or modification.
<br />~ 7.3 All '
<br />~nsurance pohcies shall be wntten as pnmary pohcies and shall not be
<br />contributing with or be in excess of the coverage that either Lessor or Lessee may cazry. All such insurance
<br />; policies shall be issued in the name of Lessee, with Lessor being included in the insurance policy definition
<br />, of who is an additional insured, and shall be primary to any insurance available to Lessor.
<br />~ 7.4 All policies of insurance shall be issued by good, responsible companies, reasonably
<br />acceptable to Lessor and that are qualified to do business in the State of Oregon. Executed copies of such
<br />~ ~e cies of insurance shall be delivered to Lessor within 30 days after the Building is completed and
<br />reafter within 30 days before the eapu~ation of the term of each such pohcy. As often as any such
<br />~ policy shall expire or terminate, renewal or additional policies shall be procured and maintained by Lessee
<br />~ in like manner and to like extent. All policies of insurance must contain a provision that the company
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