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Premises as a part thereof. Lessee agrees it will, during the time any alterations or improvements <br /> are being made to the Premises, carry public liability insurance and workmen's compensation <br /> insurance in accordance with applicable laws and will indemnify and save Lessor harmless from <br /> any and all liens for labor, materials and supplies which may arise by reason of such alterations <br /> or improvements made by Lessee. <br /> 6. Taxes and Assessments. Lessor shall pay when due all personal property taxes, <br /> use taxes, real property taxes, sales taxes, rates, charges, levies and special assessments, general <br /> or special, of every kind which shall become due and payable or which are to be assessed against <br /> or levied upon the Premises during the term of this Lease. <br /> 7. Fire and Extended Coverage Insurance. Lessor agrees to carry policies insuring <br /> the building, which are written on a"special form" (All Risk" basis including the perils of water <br /> damage and theft and including coverage for loss of rental income. Lessor's coverage will be <br /> written on a replacement cost basis for such improvements and shall include leasehold <br /> improvements, which are to remain upon Lessee vacating the Premises. Such policies shall not, <br /> however, include floor and wall coverings, trade fixtures, special equipment, stock, merchandise <br /> and personal property of the Lessee, all of which Lessee agrees to insure, at its expense against <br /> losses covered by a "special form" (All Risk" policy including the perils of water damage and <br /> theft with limits in an amount equal to at least 80% of replacement cost thereof. Prior to the <br /> lease commencement date, Lessee agrees to furnish Lessor with a certificate of insurance <br /> evidencing such coverage with companies licensed to do business in the State of Minnesota and <br /> rated at least A by AM Best Company, and in a form satisfactory to Lessor. Lessee further <br /> agrees to have Lessor named as an additional insured on said insurance policy and provide <br /> evidence by certificate of such insurance prior to the policy's anniversary date. Said certificate <br /> will also show that Lessor will be given notice of at lease thirty (30) days prior to any <br /> cancellation of coverage. <br /> All personal property of any kind that may be on or about the premises shall be at the sole <br /> risk of the Lessee, and the Lessor shall have no liability to Lessee for any theft or damage <br /> thereof. Lessor and its agents, servants or employees, shall not be liable for any injury, loss or <br /> damage to any persons or property on or about the premises for any cause whatsoever,unless the <br /> same is caused by or due to gross negligence of Lessor and there is no fault or negligence of <br /> Lessee and shall save Lessor harmless and indemnify against such injury, loss or damage, or <br /> claim or liability thereof arising from any omission, neglect or default of Lessee. <br /> 8. Public Liability Insurance. Lessee shall provide and maintain a comprehensive <br /> policy of liability of insurance with respect to the Premises. Lessor, its management firm, and <br /> any other designee of Lessor shall be names as additional insured. The liability insurance policy <br /> shall name Lessor, its management firm, Lessee, and Mortgagee and any other designee of <br /> Lessor as insures against any liability which arises from any occurrence on or about the Premises <br /> or any appurtenance of the Premises, or which arises from any claims against which Lessee is <br /> required to indemnify the Lessor. The policy is to be written by a good and solvent insurance <br /> company satisfactory to Lessor. The coverage limits of the policy shall be at least $1,000,000 <br /> with respect to any one person at lease $1,000,000 with respect to any one accident, and at least <br /> $1,000,000 with respect to property damage. <br /> 2 <br />