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Tenant hereby waives and releases all claims, liabilities and causes of action against Landlord <br />and its agents, servants, and employees for loss or damage to; or destruction of, any of the <br />improvements, fixtures, equipment, supplies, merchandise and other property, whether that of <br />Tenant or of others in, upon or about the leased Premises or the buildings or improvements of <br />which the leased Premises are a part resulting from fire, explosion or other perils included in <br />standard extended coverage insurance, whether caused by the negligence of any said persons or <br />otherwise. This waiver shall remain in force so long as Tenant's insurer shall consent thereto <br />without additional premium, and if additional premium is charged, landlord shall be required <br />to pay the same to keep this waiver in force. Tenant shall give Landlord written notice if <br />Tenant's insurer shall refuse suspension of one shall with the like effect terminate or suspend <br />the other. <br />ARTICLE VIII <br />INSURANCE <br />Section 1. Tenant shall not carry any stock of goods or do anything in or about the <br />leased premises which will in any way tend to increase insurance rates on the leased premises <br />or the building in which same are located. If Landlord shall consent to such use, Tenant agrees <br />to pay as additional rental any increases in premiums for insurance against loss by fire or <br />extended coverage risks resulting from the business carried on in the leased premises by Tenant. <br />If Tenant installs any electrical equipment that overloads the power lines to the building, Tenant <br />shall, at its own expense, make whatever changes are necessary to comply with the requirements <br />of insurance underwriters and insurance rating bureaus and governmental authorities having <br />j urisdiction. <br />Section 2. Tenant agrees to procure and maintain a policy or policies of insurance, at <br />its own cost and expense, insuring Landlord and Tenant from any claims, demands or actions <br />for injury or death of any one (1) person in an amount of not less than $500,000.00 and for <br />injury to or death of more than one (1) person in any one (1) accident to the limit of <br />$1,000,000.00 and for damage to property in an amount of not less than $500,000.00, made by <br />or on behalf of any person or persons, firm or corporation arising from, related to, or connected <br />with, the conduct and operation of Tenant's business in the leased premises. Tenant shall carry <br />like coverage against loss or damage by boiler or internal explosion by boilers, if there is a <br />boiler in the leased premises. Said insurance shall not be subject to cancellation except after at <br />least ten (10) days prior written notice to Landlord, and the policy or policies, or duly executed <br />certificate or certificates for the same, together with satisfactory evidence of the payment of <br />premium thereon, shall be deposited with Landlord at the commencement of the term and <br />renewals thereof not less than thirty (30) days prior to the expiration of the term of such <br />coverage. If Tenant fails to comply with such requirement, Landlord may obtain such insurance <br />and keep same in effect, and Tenant shall pay the Landlord the premium cost thereof upon <br />demand. <br />sadoff\wp\mkpkas.2 <br />11 <br />Page 22 <br />