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A TRUE COPY A TRUE COPY CERTIFICATION ON LAST PAGE CERTIFICATION ON LAST PAGE J.R. SMITH, CLERK J.R. Stv11TH, CLERK between the LANDLORD and the TENANT based upon the time period left in the Lease Agreement before the reversion of all structures and improvements (fixtures) to the LANDLORD (example: if LANDLORD consents to TENANT'S request not to repair and/or replace and the lease is in the 28'h year of a 30 year lease, the insurance proceeds would be dispersed 28/301" to the LANDLORD and 2/30`h to the TENANT). As soon as is reasonably possible after damage and/or destruction to the buildings, improvements, betterments and equipment, but no later than 18 months after said damage and/or destruction, TENANT shall, at the TENANT'S sole expense (using insurance proceeds available for that purpose, along with TENANT'S own funds), commence to either repair or restore the buildings, improvements, betterments and equipment as completely as possible to their condition immediately prior to the damage, or, in the alternative, replace the structures, improvements, betterments and equipment with structures approved in advance, in writing, by LANDLORD. In the event any insurance proceeds of such policy shall remain unused after the completion of restoration or rebuilding to the LANDLORD'S satisfaction, evidenced in writing, and if the TENANT shall not be in default under the Lease Agreement, then the remaining funds shall be paid to LANDLORD for any unpaid rent and other sums due, with any remaining sum paid to the TENANT. (c) All insurance required by this Section shall be with a company licensed to do business in the state of Florida, and be otherwise satisfactory to the LANDLORD. (d) Recognizing the extended term of the Lease Agreement, TENANT agrees that the LANDLORD shall have the right to periodically review the adequacy of the required insurance and amend the insurance requirements of this section. Factors which may be considered include, but are not limited to, changes in generally accepted Page 12 of 38 N:\Client Docs\Airport\Attachment B\2016.February.16.ATTACHMENT B.docx