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A TRUE COPY <br />CERTIFICATION ON LAST PAGE <br />J.R. SMITH, CLERK <br />arising from bodily injury, property damage, operations, fire, and legal liability. Such insurance <br />coverage shall have a combined single limit of not less than $3,000,000 per occurrence/$3,000,000 <br />aggregate. Coverage shall be provided in a form no more restrictive than the latest edition of the <br />commercial general liability policy filed by the Insurance Services Office. LESSEE's insurance shall <br />be primary and any other insurance maintained by LESSOR shall be in excess of and shall not <br />contribute with LESSEE's insurance. <br />Section 10.2. Property Insurance. <br />LESSEE shall maintain during the full Term of the LEASE, at LESSEE'S sole cost and <br />expense, LESSEE shall provide, maintain, and pay for a property insurance providing coverage of <br />not less than one -hundred percent (100%) of the insurable replacement value, without deduction for <br />depreciation, for the demised Premises of which any buildings are a part, including any <br />improvements and betterments which may be insurable as part of the realty. Said property insurance <br />shall cover the improvements and betterments from loss due to fire, windstorm, flood, and any other <br />peril included in the broadest available standard form of extended coverage. Coverage shall be in <br />an amount sufficient to meet the co-insurance requirements of the policies, but not less than the full <br />insurable value thereof. Deductibles for all perils, except windstorm, shall not be greater than two <br />percent (2%) of the full insurable replacement value, without deduction for depreciation, for the <br />demised Premises of which any buildings are a part, including any improvements and betterments <br />which may be insurable as part of the realty. Deductibles for windstorm damages shall not exceed <br />five percent (5%) of the full insurable replacement value, without deduction for depreciation, for <br />the demised Premises of which any buildings are a part, including any improvements and <br />betterments which may be insurable as part of the realty. The policy shall be endorsed to make any <br />loss payments payable jointly to the LESSOR and LESSEE for losses covered under such policies. <br />Page 16 of 41 <br />