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6.5 Lessee covenants to furnish to Lessor, within 30 days after the (ast d' te when any Tax <br />~ must be paid by Lessee as provided in this section, official receipts, if such receipts ar~ then available to <br />Lessee, of the appropriate taxing authority, or other proof satisfactory to Lessor, evidencipg payment. <br />6.6 Lessee shall have the right at Lessee's expense to contest or review the ~amount or validity <br />of any Tax or to seek a reduction in the assessed valuation on which any Tax is based, b~ appropriate legal <br />proceedings. Lessee may defer payment of such contested Tax on condition, how~ver, that if such <br />contested Tax is not paid beforehand and if such legal proceedings shall not oper te to prevent the <br />enforcement of the collection of the Tax so contested and shall not prevent the sale of t e Premises or the <br />Improvements to satisfy the same, then before instituting any such proceedings Lesse~e shall furnish to <br />Lessor , if so required by the terms of its mortgage, a surety company bond, cash deposi , or other security <br />reasonably satisfactory to Lessor, as security for the payment of such Tax, in an amou sufficient to pay <br />such Tax, together with all interest and penalties in connection with such Tax and all ch ges that might be <br />assessed agamst the Premises or the Improvements in the legal proceedings. Upon te~mination of such <br />legal proceedings or at any time when Lessor shall determine the security to be insufficie t for the purpose, <br />Lessee shall forthwith, on demand, deliver to Lessor additional security as is sufficient an necessary for the <br />purpose, and on failure of Lessee so to do, the security originally deposited shall be appli d to the payment, <br />removal, and discharge of the Tax and the interest and penalties in connection with the T x and the charges <br />and costs accruing in such legal proceedings and the balance, if any, shall be paid to Le see provided that <br />there is then no uncured default under this Lease. In the event that such security shall e insufficient for <br />this purpose, Lessee shall forthwith pay over to Lessor an amount sufficient, together; with the security <br />originally deposited, to pay the same. Lessee shall not be entitled 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 valuat`on on which such <br />Tax was computed or based, whether before or after payment, may be made by Less~e in the name of <br />Lessor or of Lessee, 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 subject to any liability for the payme t 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 entitled to any r~fund of any such <br />Tax and penalties or interest that have been paid by Lessee or by Lessor and reimbu sed to Lessor by <br />Lessee.7 <br />Section 8. Insurance ' <br />8.1 Lessee, at Lessee's sole cost and expense, shall maintain, for the mutua~ benefit of Lessee <br />and Lessor, casualty insurance covering loss or damage by fire, and other risks as may b embraced within <br />all-risk insurance insuring the full replacement cost (excluding foundation and excav tion cost) of the <br />Improvements. If all-risk insurance becomes unavailable, then Lessee shall insure the I provements with <br />such coverage as is customary from time to time for comparable first-class buildings in e Salem, Oregon <br />metropolitan area. The amount of such insurance policy shall be increased from time t~ time as the full <br />replacement cost of the Improvements increases. ; <br />In the event of any casualty damage to the Improvements, Lessor may mak~ proof of loss if <br />Lessee fails to do so within 15 days of the casualty and after 10 days' written notice from essor of its intent <br />to do so. If the insurance proceeds (the "Proceeds") of any insurance on the Improve ents equal more <br />than 1% of the replacement cost of the Improvements, then all Proceeds shall be pa' to a bank trust <br />department (the "Trustee") as trustee for the parties. The Trustee shall be selected by Le sor and approved <br />by Lessee, which approval shall not be unreasonably withheld or delayed. If the Proceeds are less than such <br />amount, then the Proceeds shall be delivered to Lessee. Unless the casualty occurs with n ten years of the <br />Expiration Date of this Lease, Lessee shall promptly repair or replace the damag d and destroyed <br />Improvements in substantially the form on the date of the casualty or in a manner reason bly satisfactory to <br />Lessor. The Trustee shall pay or reimburse Lessee from the Proceeds for the cost of rep ir, restoration, or <br />replacement on satisfactory proof of expenditure by Lessee, satisfactory evidence of suf cient progress on <br />the work, and satisfactory evidence of sufficient funds available to complete restoration. j The Trustee shall <br />~ Ground Lease Courthouse Square <br />Page - 5 <br />0919970302 <br />