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<br />5.04. The Lessee shall not make any further alterations, additions, or improvements to the Leased <br />Premises without the advance written consent of City All improvements, alterations, additions and <br />fixtures which may be made or installed upon the Leased Premises shall become the property of the <br />City and shall remain upon and be surrendered with the Leased Premises at the termination of this <br />Lease, unless the City requests their removal, in which event the Lessee shall remove them and <br />restore the Leased Premises at the Lessee's expense. <br /> <br />I <br /> <br />5.05. The Lessee may mortgage their leasehold interest in the Leased Premises for the purpose of <br />obtaining funding for the construction of the Hangar or other improvements on the Leased Premises. <br />The Lessee shall obtain the advance written consent of the City for each such mortgage. The <br />Lessee shall ensure that no other lien or similar obligation is imposed upon the Leased Premises for <br />any alteration, repair, labor performed or materials furnished to the Leased Premises, and the <br />Lessee shall immediately discharge any lien or charge after the lien occurs or charges become due <br />and payable. In the event the Lessee disputes the lien or obligation, however, the Lessee shall <br />have the right to promptly pursue settlement or litigation without paying the claim until the claim <br />becomes final and subject to no further appeal by the Lessee The Lessee shall hold harmless, <br />indemnify and defend the City, its officers, agents and employees from and against any claims, <br />demands or suits related to such mortgages, liens or obligations. <br /> <br />5.06. The Lessee shall not do any of the following without the City's advance written consent: 1) <br />make any changes to the Hangar; 2) install any exterior lighting, shades or awnings, or any exterior <br />decorations or paintings on the Hangar; or 3) erect, install or change any signs, window or door I <br />lettering, placards, decorations, or advertising media of any type which can be viewed from the <br />exterior of the Hangar <br /> <br />Article 6. UtilitieslTaxes <br /> <br />6.01. The Lessee shall promptly pay all charges for electricity, water, telephone service, and other <br />utilities furnished to the Leased Premises. <br /> <br />6.02. The City shall not be liable for any interruption or impairment whatsoever in utility services to <br />the Leased Premises. <br /> <br />6.03. The Lessee shall pay all taxes and assessments against any buildings or other structures it <br />places on the premises as well as all taxes and assessments against personal property on the <br />Leased Premises. <br /> <br />Article 7. Insurance and Indemnity <br /> <br />7.01. Liability Insurance' The Lessee shall procure and maintain insurance in full force at its <br />expense as set forth in the Minimum Standards, covering claims which arise out of or in connection <br />with the Lessee's use or maintenance of the Leased Premises. This insurance shall be written so <br />that the City must be notified in writing at least 30 days in advance of cancellation, restrictive <br />amendment or non-renewal. The Lessee shall file certificates of insurance with the City upon <br />execution of this Lease and annually during the lease term. All insurance required under this <br />paragraph shall be primary over any other insurance coverage the City may have, and shall be <br /> <br />COSM Form 1/99 <br /> <br />4 <br /> <br />I <br />