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fore are paid in full, and, in any event, such policies and evidence of payment by the Lessee of the premiums will be delivered by the Lessee to the Lessor before the expiration of any then similar coverage and in time to assure the Lessor that such coverage will be carried continuously. The Lessee will keep insured any and all buildings, improve- nts,.equipment, furniture and fixtures, now or hereafter constructed or brought upon said demised premises in good and responsible insurance companies authorized to do business in the State of Florida, for protection against all loss ordam age to such property by fire, windstorm or causes insured against by "extended coverage10; and wherever the doctrine of co-insurance might apply to any such insurance, then the amount of the insurance so carried by the said Lessee will be at all times sufficient to prevent co-insurance on the part of the Lessor and the Lessee. All such policies will be payable in the event of loss, jointly to the Lessor and the Lessee, as their respective interests may appear. Nothing herein contained, however, shall be construed as pro- hibiting that an attachment may be made to such policy or policies of a standard Mortgage clause, but, in such event, the said mortgage clause will Identify briefly the interest of the Mortgagee, such, for examples "First Mortgagee Leasehold Interest" or "Mortgage of Lessee's interest in Lease". The amount of insurance required as specified in this paragraph, will be an amount equal to the maximum insurable replacement value, as determined annually by the Lessee,# its successors and assigns or agents, and as approved by the Lessor. D. ASSIGNMENT This Lease shall not be assigned without the consent of the Lessor. E. INDEMINIFICATIONS The Lessees covenant and agree with the Lessor that during the entire term of this Lease, it will indify and save harmless the lessor against any and all claims, debts, demands, or obligations -5- a�oK - 5 PACE 775