Rev 5/2018
15. INDEMNIFICATION. Lessee agrees to and shall save, hold and keep harmless and
indemnify Lessor from and for any and all payments, expenses, costs, reasonable attorney’s fees, and
from and for any and all claims and liabilities for losses or damage to property or injuries to persons
occasioned wholly or in part by or resulting from any act or omissions by Lessee or Lessee’s guests,
licensees, invitees or for any cause or reason whatsoever arising out of or by reason of the occupancy
by Lessee.
16. HAZARDOUS MATERIALS. The Lessee agrees to defend, indemnify and hold
harmless the Lessor and any employees, agents, contractors, and officials of the Lessor against any and
all damages, claims, liability, loss, fines, or expenses, including attorney’s fees and litigation costs,
related to the presence, disposal, release or clean-up of any contaminants, hazardous materials or
pollutants on, over, under, from or affecting the property subject to this Lease Agreement, which
contaminants or hazardous materials the Lessee or its employees, agents, contractors or officials has
caused to be located, disposed, or released on the property. The Lessee shall also be responsible for all
damages, claims and liability to the soil, water, vegetation, buildings or personal property located
thereon as well as any personal injury or property damage related to such contaminants or hazardous
materials.
17. APPLICABLE LAW. This agreement shall be construed under and in accordance with
the laws of the State of Colorado.
18. CAPTIONS, CONSTRUCTION AND LEASE EFFECT. The captions and headings
used in this Lease are for identification only, and shall be disregarded in any construction of the Lease
provisions. All of the terms of this Lease shall inure to the benefit of and be binding on the respective
heirs, successors, and assigns of both the Lessor and the Lessee. If any provisions of this Lease shall
be determined to be invalid, illegal or without force by a court of law or rendered so by legislative act,
then the remaining provisions of this Lease shall remain in full force and effect.
19. APPROVAL. This Lease shall not be deemed valid until it has been approved by the
Chief Engineer of the Colorado Department of Transportation and by the Lessee.
20. TIME. Time is of the essence in this Lease agreement.
21. SECURITY DEPOSIT. Lessee has paid and Lessor has received a security deposit in
the amount of $ to be held as a deposit against the full performance of every provision of the
agreement, and as a deposit against any damages caused to the leased premises by Lessee, his guests or
invites. The Lessor shall have the right to use said deposit in full or in part payment of any rental
obligation or damage caused by the Lessee or failure by Lessee to leave the premises in good repair
and in a clean condition. Lessee understands that they cannot use the security deposit as a payment of