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s � 3 a U 0 J co Section 1. Basic Coverage. AMENDMENT TO DECLARATION ARTICLE VIII INSURANCE shall be replaced with the following: ARTICLE VIII INSURANCE n • o � - m r� ,. r,> The following signers, consisting of more than one -half (1/2) of the Units, hereby amend the Declaration filed at 77- 007304 of the Records of Hall County, Nebraska as to the following described real property, to -wit: That part of Riverside Estates Unit 1, a subdivision as surveyed, platted and recorded in part of the SW Y4 of Section 28, Township 14 North, Range 9 West of the 6 P.M., Hall County, Nebraska, lying South of the South R.O.W line of Stagecoach Road and lying East of the West lot line of Lot 46, extended Southward to the South line of said Riverside Estates Unit 1. The Association shall obtain and maintain, to the extent obtainable: (a.) Fire and extended coverage. The Association shall maintain a blanket, "all -risk" form policy of fire insurance with extended coverage, vandalism, malicious mischief, windstorm, sprinkler leakage (if available), debris removal, cost of demolition and water damage endorsements, insuring the property and improvements. Coverage shall include floor coverings, wall coverings, bathroom and kitchen fixtures, lighting fixtures, cabinetry, the entire finish of basements, all air - conditioning and heating equipment and other service machinery, and appliances installed in the units and any improvements made to the property. The policy shall cover the interests of the Association and all unit owners and their mortgagees, as their interests may appear, subject to loss payment and adjustment provision in favor of the Association. Coverage shall be in an amount equal to one hundred percent (100 %) of the then current replacement cost of the property, without deduction for depreciation, the amount to be determined annually by the Board, with assistance of the insurance company affording coverage. (b.) Liability Insurance. The Association shall maintain liability insurance, including medical payments insurance, in an amount determined by the Board, but not less than One Million Dollars ($1,000,000.00), covering all occurrences commonly insured against for death, bodily injury, and property damage arising out of or in connection with the use, ownership or maintenance of the common elements or common area. The Board may determine that additional coverage may be necessary and may obtain additional coverage if it is deemed necessary. (c.) If the aforementioned insurance is not reasonably available, the Association shall cause notice of that fact to be hand delivered or sent prepaid by United States Mail to all unit owners. Section 2. Provisions. Insurance policies must provide that: (a) Each unit owner is an insured person under the policy with respect to liability arising out of his or her interest in the common elements or membership in the Association;