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.of said tank, promptly when they become due. BUYER. shall obtain <br /> all necessary licenses and permits for said tank and its operatio, , <br /> shall operate the tank safely and in accordance with all applica- <br /> ble laws and regulations, and shall not use or permit it to be <br /> used illegally or in an unsafe manner. BUYER shall maintain the <br /> tank in good condition and repair, and shall not make any materia <br /> change in the tank without SELLER'S written consent. BUYER shall <br /> keep actual possession of the tank and shall not remove it or <br /> permit it to be removed from the above described tract of land <br /> without SJJ. i,R'S written consent. BUYER may not transfer, any <br /> interest in this contract or in said tank without SELLER'S writ. <br /> ten consent, and shall not attempt to do so without such consent. <br /> 3) BUYER assumes all risks of damage to or loss of the <br /> tank, whether insured or not, and no injury to or loss of said <br /> tank shall release BUYER from his obligations hereunder. <br /> 4) BUYER agrees to obtain and deliver to SELLER at the <br /> i <br /> time of the execution of this agreement a fire and extended_,,e,-.0 <br /> in a form acceptable to Seller, / (it <br /> coverage insurance policy covering said tank/in a company accet.- <br /> able to SELLER in a minimum amount of $9,500.00, with SELLER <br /> appropriately named in the loss payable provisions. BUYER shall <br /> keep said policy in force until the purchase price of said tank <br /> and all other sums due hereunder are paid in full, and will pay � <br /> all premiums due thereon promptly when due. In the event such <br /> policy is not so obtained, delivered and kept in force or is not <br /> in form satisfactory to SELLER, SELLER may at any time insure <br /> said tank under such forms of insurance as it may deem desirable, <br /> but SELLER shall not be required to obtain such insurance and in ' <br /> no event shall be liable for failure to do so. <br /> 5) BUYER represents and warrants that he holds a valid <br /> and subsisting lease from the Chicago, Burlington & Quincy Railro d <br /> Company covering the lands described above, free from all liens <br /> . and encumbrances, and that he will keep said lease in good stand-1 <br /> - 3 - <br />