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of the Premises shall be used for the sole • • ose of • ersonnel • arkin: tem • or • stora • e of <br />c�uarrie• blocks of marble, : s o aeration related to the loadin and unloading of blocks, <br />associated • la orms trucks used to move • uarrie • mar • le blocks : • the - • ui • ment used to <br />maintain the road to the quarry. No Colorado Stone debris shall be left in the parking area at <br />any time. All trucks, vehicles and equipment must be in regular use. Regular use is defined as <br />being used every 45 days over a one -year period. Colorado Stone reserves the right to place <br />an office trailer on the Premises without prior written notice to the Town which shall not <br />refuse to give its approval without serious motive. <br />6. Successors and Assigns. The covenants and conditions contained herein, are binding upon <br />each party's agents, guests, and invitees. This Agreement is not assignable by Colorado <br />Stone and may be terminated in the event that the property is no longer owned by the Town. <br />7. Alterations. Repairs and Maintenance <br />A, All costs of maintenance and/or repairs to the Premises incurred due to the negligence or <br />misuse by Colorado Stone, its employees, agents, servants, licensees, contractors, guest <br />or invitees, or by the failure of Colorado Stone to perform its obligations under this Lease <br />shall be paid by Colorado Stone. <br />B. Such repair shall be made promptly and in a good and workmanlike manner. If Colorado <br />Stone does not do so promptly and adequately, the Town may, but need not, make such <br />repairs and replacements and Colorado Stone shall reimburse the Town the reasonable <br />cost thereof. • <br />8. Insurance. Colorado Stone shall obtain and maintain liability insurance for the Premises in a <br />form acceptable to the Town and in an amount which equals government liability amounts <br />set by law. Such insurance will provide complete coverage in the event of fire, accidents, <br />vandalism, negligence on the part of Colorado Stone' s employees, and all other instances <br />where damage to the property ,or injury to others may occur. The Town shall be named as an <br />additional insured on the policy. The Town of Marble represents that it has and will maintain <br />general municipal liability insurance which includes the Premises in an amount which equals <br />government liability amounts set by law. <br />9. Counterparts. This Lease may be executed in counterparts, in which case all such <br />counterparts together shall constitute one and the same instrument which is binding on all of <br />the parties hereto, notwithstanding that all of the parties are not signatory to the original or <br />the same counterpart. Facsimile signatures shall be binding. <br />10. Additional Covenants of Colorado Stone. In addition to the terms, conditions and covenants <br />set forth elsewhere in this Lease, Colorado Stone covenants with the Town: <br />A. To neither commit, suffer nor permit waste, damage, disfiguration or injury to the <br />Premises; and <br />B. To neither keep, use, store, nor dispose of, nor sell any article or material on the Premises <br />which may be hazardous or otherwise unlawful under federal, state or local law, or <br />prohibited by any insurance policy in force; and Colorado Stone shall indemnify, defend <br />and hold the Town harmless against any and all loss, cost or damages of any nature <br />whatsoever (including, without limitation, reasonable -costs and attorneys' fees) arising <br />out of the introduction of any such hazardous material(s) to the Premises by Colorado <br />2 <br />