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BOC Files (Folders 1-3)
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CS_Courthouse Square
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Last modified
9/19/2012 4:07:50 PM
Creation date
8/2/2011 3:23:53 PM
Metadata
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Building
RecordID
10068
Title
BOC Files (Folders 1-3)
Company
Marion County
BLDG Date
1/1/1999
Building
Courthouse Square
BLDG Document Type
Project Coordination
Project ID
CS9801 Courthouse Square Construction
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~ Lessor shall confirm in a separate written agreement with any qualified sublessee the nondisturbance <br />obligation of Lessor as set forth in this section. <br />~ Section 18. DefaWt; Remedies <br />~.. : 18.1 The occurrence of any one or more of the following events of default constitutes a <br />breach of this Lease by Lessee: <br />~ i ( a) If Lessee defaults in the payment of Rent due and payable by Lessee, and <br />such default continues for 30 days after Lessor has given Lessee a notice specifymg the same; .or <br />~ (b) If Lessee, whether by action or inaction, is in default of any of its obligations <br />~` ~ under this Lease (other than a default in the payment of Rent by Lessee) and such default continues and is <br />not remedied within 60 days after Lessor has grven. Lessee a notice specifying the same, or, in the case of a <br />default that can be cured but not within a period of 60 days, if Lessee has not (1) commenced curing such <br />~ default within such 60-day period; (2) notified Lessor of Lessee's intention to cure the default; or (3) <br />continuously and diligently completed the cure of the default. <br />~ 18.2 During any 12-month period, Lessee shall be entided to only two notices pursuant to <br />~~ Section 18.1(a). <br />18.3 Upon the occurrence of an event of default, Lessor may exercise any ene or more of <br />~ the remedies set forth in this section or any other remedy available under applicable law or contained in this <br />Lease: <br />( a) Lessor or Lessor's agents and employees may immediately or at any rime <br />~~ thereafter reenter the Premises either by summary eviction proceedings or by any suitable action or <br />proceeding at law, or by force or otherwise, vinthout being liable to indictment, prosecution, or damages, and <br />may repossess the same, and may remove any person from the Premises, to the end that Lessor may have, <br />~ hold, and enjoy the Premises. <br />(b) Lessor may relet the whole or any part of the Premises from time to time, <br />either in the name of Lessor or otherwise, to such Lessees, for such terms ending before, on, or after the <br />expiration date of the I.ease Term, at sach rentals and on such other conditions (including concessions and <br />free rent) as Lessor may determine to be appropriate. To the extent allowed under Oregon law, Lessor shall <br />have no obligation to relet all or any part of the Premises and shall not be liable for refusal to relet the <br />Premises, or, m the event of such reletking, for refusal or failure to collect any rent due on such reletting; <br />and any. action of Lessor shall not operate to relieve Lessee of any liability under this Lease or othera+ise <br />affect such liability. Lessor at its option may make such physical changes to the Premises as Lessor, in its <br />sole discretion, considers advisable and necessary in connection with any such reletting or proposed <br />reletting, without relieving Lessee of any liability nnder this Lease or otherwise affecting Lessee's liability. <br />'-' (c) Whether or not Lessor retakes possession or relets the Premises, Lessor has <br />the right to recover its damages, including without limitation all lost rentals, all legal expenses, all costs <br />incurred by Lessor in restonng the Prem~ses or otherwise preparing the Premises for reletting, and all costs <br />~ incuned by Lessor in reletting the Premises. <br />(d) To the extent permitted under Oregon.law, Lessor may sue periodically for <br />damages as they accrue without barring a later action for further damages. Lessor may in one action <br />recover accrued damages plus damages attributable to the remainmg I.ease Term equal to the difference <br />between the Rent reserved in this Lease for the balance of the Lease Term after the time of award, and the <br />fair rental value of the Premises for the same period, discounted at the tim~e of award at a reasonable rate not <br />to exceed 10% per annum. If Lessor has relet the Premises for the period that otherwise would have <br />constituted atl or part of the unexpired portion of the Term, the amount of rent reserved on such reletting <br />shall be deemed, prima facie, to be the fair and reasonable rental value for the part or the whole of the <br />Premises so relet during the term of the reletting. <br />Lj • Continuing Party Ground Lease Courthouse Squaze <br />Page - i l <br />~ 1026980259 <br />
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