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200302817 ARTICLE VII REPAIRS, MAINTENANCE AND ALTERATIONS Section 7.1. Lessee shall keep the Project and all parts thereof in good serviceable condition and repair during the term of this Lease- Purchase Agreement. Section 7.2. Lessee shall have the right, at its own expense, to make additions, alterations and changes in or to the Project. All alterations, additions and improvements to the Project shall be deemed a part of the Project subject to this Lease - Purchase Agreement, and, upon final payment of all rental obligations under this Lease- Purchase Agreement, shall become the property of Lessee pursuant to the provisions of Article XVIII of this Lease - Purchase Agreement. Section 7.3. It is the intention of the parties that Lessor shall have no obligation for any cost in connection with the Project beyond the monies in the Construction and Acquisition Fund as described in Article IV hereof and that basic rentals shall he net to the Lessor and this Lease - Purchase Agreement shall be construed accordingly. Section 7.4. LESSEE HEREBY EXPRESSLY AGREES THAT LESSOR AND THE TRUSTEE HAVE MADE NO WARRANTIES WITH RESPECT TO THE PROJECTOR AS TO ITS SUITABILITY OR USEFULNESS FOR LESSEE'S PURPOSES AND LESSEE HEREBY EXPRESSLY AGREES THAT NEITHER THE LESSOR NOR THE TRUSTEE SHALL BE LIABLE TO IT FOR ANY DEFECT IN THE PROJECT. Lessor hereby agrees that Lessee shall be entitled to all warranties, express and implied, made by any other person with respect to the Project and that Lessee shall have full power to pursue any remedies which Lessor may have against any vendor, supplier or other person or entity because of any defect or breach of warranty relating to the Project in the name of Lessor, as well as in Lessee's own name as the ultimate user of the Project. Lessee hereby expressly acknowledges that by this Lease-Purchase Agreement Lessee has been given exclusive control of the Project and that Lessee shall be liable for and shall save Lessor and the Trustee harmless against any and all expense or liability for any claim based upon any use of the Project by Lessee. Lessee shall not assign its rights under this Lease - Purchase Agreement or sublet the Project or any part thereof during the term of this Lease- Purchase Agreement. ARTICLE VIII INSURANCE Section 8.1. Throughout the term of this Lease- Purchase Agreement, Lessee shall, at Lessee's expense, keep the Project insured or cause the Project to be kept insured against loss or damage, by fire and extended coverage perils in an amount not less than the full replacement value thereof with such insurance to be under policies issued by responsible insurers authorized to do business in the State of Nebraska; provided, however, that such insurance policy or policies may provide that no payment shall be made thereon for any claims thereunder of less than $10,000. Such insurance policies shall name Lessor, the Trustee and Lessee as insureds as their respective interests may appear, but so long as the Lessee is not in default hereunder, any loss shall be adjusted by and be paid to the Lessee. In addition, Lessee shall maintain general liability insurance upon the Project in amounts not less than $1,000,000 for bodily injury for each occurrence, not less than $100,000 for property damage for each occurrence and with an annual aggregate limitation of not less than $1,000,000.