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A. Record a valid Release of Lien, or B. Procure and record a bond in accordance with sections 8424 or 9364 of the Civil Code,which frees the License Area from the claim of the lien or stop-notice and from any action brought to foreclose the lien. Should Licensee fail to accomplish either of the two optional actions above within fifteen (15) days after the filing of such a lien or stop-notice,the License shall be in default and shall be subject to immediate termination. 18. OPERATIONAL REQUIREMENTS OF LICENSEE (SRLic-2.7 N) Licensee shall, to the satisfaction of County, keep and maintain the License Area and all improvements of any kind in good condition and in substantial repair, to the County's satisfaction, except for normal wear and tear or as otherwise approved in writing by the County. It shall be Licensee's responsibility to take all steps necessary or appropriate to maintain such standard of condition and repair. County shall have the right to enter upon and inspect the License Area at any time to verify conformity with any terms and conditions of this License. If Licensee fails to maintain or make repairs or replacements as required herein, County may notify Licensee in writing of said failure. Should Licensee fail to correct the situation within three (3) business days thereafter, County may make or cause to be made the necessary correction, and the cost thereof, including, but not limited to, the cost of labor, materials, equipment, and administration, shall be paid by Licensee within ten (10) days of receipt of a statement of said cost from County. County may, at County's option, choose other remedies available herein, or by law. Upon expiration or termination of the License, the License Area must be returned to its original condition, unless otherwise specified in writing by County, and the Licensee is solely responsible for any costs or damages. 19. INSURANCE (SRLic-2.8 S) Licensee agrees to carry all required insurance at Licensee's expense and provide to the County current Certificates of Insurance, including all endorsements required herein, necessary to satisfy the County that the insurance provisions of this License have been complied with. Licensee shall keep such insurance coverage current, provide Certificates of Insurance and endorsements to the County during the entire term of this License. Licensee shall deposit the Certificate of Insurance with CEO Real Estate, consistent with the Notice clause, through electronic correspondence on or before the Effective Date of this License and annually throughout the Term, as necessary to: insurance.ceoreAceo.oc.gau. Licensee agrees that Licensee shall not operate on the License Area at any time the required insurance is not in full force and effect as evidenced by a Certificate of Insurance and necessary endorsements or, in the interim, an official binder being in the possession of County. In no cases shall assurances by Licensee, its employees, agents, including any insurance agent, be construed as adequate evidence of insurance. County will only accept valid Certificates of Insurance and endorsements, or in the interim, an insurance binder as adequate evidence of insurance. Licensee also agrees that upon cancellation, termination, or expiration of DJM 1/20/26 Page 5 of 19 CEO/RFLS/CEO-026-001 CEO Real Estate Standard Revenue License Farris