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<br /> �_ : 76- 0065 .12
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<br /> � � the standard form of such endorsements at the time in use in the
<br /> ,; State of Nebraska . Such insurance shall also cover the Profect
<br /> during the construction of any part thereof ; provided that , to the
<br /> extent that any contractor for such construction shall provide a :
<br /> = duplicate insurance policy or certificate of insurance showing that
<br /> , '� the same coverage as is herein required is being carried by such
<br /> °? contractor and adequately protects the interest of the Authority ,
<br /> ` the Trustee and the Lessee with respect to the Pro � ect or a part
<br /> 4�` thereof , the insurance provided for by this subparagraph ( a ) with -
<br /> ` respect to the Pro� ect or a part thereof shall not be required for
<br /> � ; such construction period with respect to the ProJect or such part
<br /> a thereof while the Pro � ect or such part thereof is so covered by
<br /> such other insurance . Such insurance shall be for the amount of
<br /> �? the full insurable value of the Hospital Facility , but any such
<br /> ;:t policy may have a deductible amount of not more than $ 50 , 000 ,
<br /> ;, No policy of insurance shall be so written that the proceeds
<br /> ` .`; thereof will produce less than the minlmum coverage required by
<br /> the preceding sentence , by reason of co -insurance provisions or
<br /> ± otherwise , without the prior consent thereto in writing hy the
<br /> '' Authority . The term " full insurable value " shall mean the actual
<br /> ;;• replacement cost of the Hosaital Facility ( excluding foundation
<br /> and excavation costs and costs of underground flues , pipes , drains
<br /> ; and other uninsurable items ) after deduction for physical de-
<br /> _ preciation , and shall be determined from time to time at the request
<br /> ,,�; of the Authority , but not more frequently than once every five
<br /> - � years , by an architect , contractor , appraiser or appraisal company
<br /> or one of the insurers , in any csse , selected and paid for by the
<br /> � ': Lessee and approved by the Authority or the Trustee .
<br /> ` ( b ) Comorehensive general puUlic liability insurance ,
<br /> > < ( excluding medical liability insurance ) and landlord ' s liability
<br /> ; insurance , protecting the Authority and the Lessee as their
<br /> interests may appear , against liability for in,iuries to persons
<br /> . .+.� and/or property , occurring on , in or abouC the Hospital Facillty ,
<br /> r �'; in the minimum amount of �v1 , 000 , 000 liabilit ,y to any one person
<br /> ; for personal in,jury , $100 , U00 1labilitY to any one person for
<br /> ' ° property damage , and 3� 1 , 000 , 000 liability for an,y one accident or
<br /> � � for any number of accidents occurrin� during any one year with a
<br /> " � � deductible amount of not more than 550 , 000 . Such insurance shall
<br /> also cover the Pro,ject during the construction of any part thereof ;
<br /> provided that , to the extent that any contractor for such con -
<br /> struction shall provide a duplicate insurance policy or certificate
<br /> of insurance showing that the same coverage as is hereby required
<br /> is being carried by such contractor with respect to the Pro� ect or
<br /> a part thereof and adequately protects the interests of the
<br /> � ;_- Authority and the Lessee , the insurance provided for by this
<br /> subparagraph ( b ) shall not be required with respect to the Pro� ect
<br /> or such part thereof while the Pro,ject or such part thereof are
<br /> so covered by such other insurance .
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