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will make such repairs as are necessary. Lessee, as part of the consideration <br />of this lease. agrees that it will keep all buildings erected on the demised premises <br />fully covered with insurance against damage or loss by fire or other casualty to the <br />extent of at least C-0% of the full insurable value of the buildings or structures to be <br />written by an underwriter to be approved by Lessor, with loss payable jointly to <br />Lessor and Lessee, and the Lessee shall have the right during the term of this <br />lease to use the proceeds of such policy in the event of fire or other casualty <br />to repair or replace the dairabed or destroyed building or buildings, otherwise the <br />j <br />entire proceeds of such policy or policies shall be the property of Lessor. <br />Public Liability Insurance <br />i • <br />j The Lessee shall procure and maintain in effect <br />during, the term of this lease agreement Comprehensive <br />Public Liability Insurance naming the Board of County <br />r <br />Commissioners o; indiaa River County as an additional <br />insured covering: <br />1. Bodily injury including mental anguish, <br />j sickness, disease and death; and, <br />I - <br />2. Injury to or destruction of property <br />including loss of use thereof, <br />aris-inr out of the activities of the Lessee including <br />services, construction or any other work performed by <br />independent contractors or by others under contract <br />with the Lessee on or away frc.m the premises in limits <br />not less thare. <br />Bodily Injury Liability Y1^0, 000 each person <br />$'C:O, 0GC each occur once <br />Property damalge <br />, <br />Liability $100, 000 each accident <br />A certified copy of each policy (or binder) or a certificate evidencing the <br />existence thereof shall be delivered to the roard of County Commissioners <br />within twenty (20) days after the execution of this agreement. Each such <br />copy or certificate shall contain a valid provision or endorcement that the, <br />policy n:ay nct be cancelled, terminated, Chanted, or modified without giving <br />tel: days' written advance n< tice thereof to the Board of County Commissioners. <br />..: � •.:ate ..s. <br />1071 <br />