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<br /> , ,� comnton area maiiitenance charges, texes� casualty insurance procee s or conclemxiatIon :
<br /> procaeds recnived by the Ownar under the provlsions of any such lease.
<br /> ;�• 3.?. Owner'� ,�penses. Qwner shall besr a,td pay all costs and expense�, tn
<br /> reasonable and customary amounts� relating to the ownership� operation, repair�
<br /> meintenance,advertls€ng and proruotion of the Property whicli amownts sxceed any amounta
<br /> collected by Manager from tenanta. To the extent that payment of any of suCh items is
<br /> advanced by Manager, after Owner's approval, Owner shall reunburse Manager for such �
<br /> �� payment promptly upon demand. Except as herein othervuise provided, Ownor shall pay
<br />_ , Manager the reasonable and customary cost of any and all maintenance and repair work ,.-,_
<br /> ���� performed by Manager's employees in,on or to the Property. Owner's costs and expenses �'�-
<br /> . shall include, without lirnitation, the following:
<br />_:�,;:'. _
<br /> � �, (a) L?irect costs of cleening, security se:vice, supplies, utiliti�s, '""
<br /> . �.� -" replacements, additions, improveinents and servlces rendered by third parties with '-
<br /> _ � �� respect to the Property.
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<br />_ ''' '�'`� (b) Taxes, assessments and other govemmental imposit�ons on or with �=:
<br /> __ - •��`_' respect to the Property; �
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<br />'=f:;s��;: °�� (c) payments on all indebtedness secured by mnrt�ages or deeds of trust o
<br />_"=¢��=��:;,Ft granted by Owner which from time to time encumber tho Property. ---
<br /> _-� �:w,.;
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<br /> ="y"' '` (d) Premiums for general llabWty insurance on the Properly and other
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<br /> ��_;;fi�_:.� insurance coverages which Ownex may elect to obtain for the Paogerty.
<br />_____= Ownar shall indemnify and hold Manager harmless from all costs,�xpenses,damages,
<br /> __--� - liabilities, and claims (including costs of defending against any of such matters) arisi�ng(or
<br /> -�'__= alleged to arise) from:
<br /> — � (1) the failure of Owner to p�rforniits obli�ations as herein descrlbed,�r
<br /> -- its failure to comply with a term or provIsion of this Agieement,provided such failur�
<br /> ___°� is not caused by Force Majaure, as defined berein; or ___
<br /> _�._.--__� " (2) the ope3atian of tho Property, provid�d such cast, e�.�gense, damage, --
<br />_ -_"---=-- lis�il::�,� or cl°.i�t is not wused by t!-ae nEglig�nce� �eu� ai wiUful ur wantion �
<br /> _= misconduct of Manager.
<br /> ---�r� 3.3 Coz�strucaon ManaQement Fee. In cc�nsideration for the services performed
<br /> _ by Manager in coordinating and supoivising any cc�nstruction, reconstruction, compledon,
<br /> --- ---- addition ox modigcation of improvements to thC Property, Owner shall pay to Manager a
<br /> _ ,-,,_�� � cflnswction management fee (the"Construction Fee")equal to 5%of the total cast of such _ _
<br /> -�,:T- work, The Construceion Fee shall be payabl�to Manager upon completIon of the work,or _
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<br /> otherwise at the discretion of the Qw�er.
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