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26 Premises to Lessor immediately and assign to Lessor (or, if same has already been received by Lessee, pay to Lessor) all of its right, title and interest in and to the proceeds from Lessee's insurance upon the Leased Premises, as referenced in Section 13.2 below. Section 13.2 Distribution of Insurance Proceeds. In the event that this Ground Lease is terminated pursuant to Section 11.1 hereof, the insurance proceeds received as the result of such Casualty shall be distributed as follows: (a) first, such insurance proceeds shall be paid to Lessee or, (b) as applicable pursuant to Section 11.1 above, assigned or paid over to Lessor. Section 13.3 Insurance Requirements. Nothing in this Article 11 does or shall be construed as permitting Lessee to maintain less than the minimum insurance requirements set forth in this Ground Lease. ARTICLE 14. EVENTS OF DEFAULT Section 14.1 Events of Lessee Default. Each of the following shall be an "Event of Default" by Lessee hereunder: (a) failure by Lessee to pay any Rent or Additional Rent when due if such failure shall continue for a period of thirty (30) days after notice thereof has been given by Lessor to Lessee; (b) Lessee's default in the performance of any term, provision or covenant under this Ground Lease (other than an obligation enumerated in this Section 14.1), and unless such provision specifies a shorter cure period for such default, the continuation of such default for thirty (30) days in the event of a monetary default or sixty (60) days in the event of a non- monetary default following the date upon which Lessor shall have given written notice of the default to Lessee, or if the nature of any such non-monetary default is such that it cannot be cured within sixty (60) days, Lessee's failure to commence to cure the default within sixty (60) days and thereafter prosecute and complete the curing of such default with due diligence and in good faith continue to cure the default until completion, but in no event shall the cure be completed more than one hundred twenty (120) days from receipt of the notice of default; (c) Lessee's failure to maintain insurance on the Leased Premises and the Improvements as required hereunder, and the failure of Lessee to cure such default within fifteen (15) days; (d) Subject to Lessee's right to contest the following charges, Lessee's failure to pay possessory interest taxes due on the Leased Premises or the Improvements, and Lessee's failure to cure such default within thirty (30) days of delinquency; (e) Lessee abandons, vacates, or otherwise surrenders the Leased Premises or the Improvements, or is dispossessed (other than dispossession as the result of a Taking subject to Section 12 hereof by process of law or otherwise; DRAFT