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<br /> .. . 98� �a��o .
<br /> , , 9SCTION FrOtdR �� ' `<_�:,:-.
<br /> . '. . PAYl�iT . _ �.4
<br /> , � . , � - S . � .:.L�.
<br /> . . . . .•.3 '�� .�.k.tx�., ..�r.
<br /> ., Grantee shall pay Grantor for this easement a single lump �� y-. ,.,
<br /> � sum payment of $3,500 for the entire tercr, receipt of which is ' � �� `'�`'"ti"
<br /> �� - -
<br /> � , ` � hereby acknowledged. . {-,��;- --
<br /> ,. . .,
<br /> ' SLCTION FIRB ' . -
<br /> , • - IIJSIIRANCE �IND IrIDT3�iITSC 'i�' F �
<br /> ;' �r.
<br /> � . 'f;�
<br /> � t�4 Section 5.01 Fire and Extended Coveraae. Grantee agrees � � =•
<br /> � �"",�, at its sole cost and expenae to keep arantee's improvements _ -
<br /> .� ' -..=.:=..• constructed upon the Easement Area insured agairst fire and other � ,_�—_
<br /> ,�- •.'.� casualty in an amount of not less than 100 percent of the � ;�,:�
<br /> replacement coat thereof as determined from time to time. Such .� '��� •;�'
<br /> � � improvements ahall be inaured against loss or damage by reason of .; ���; � ,.
<br /> . , ; .:: . .•,�:,
<br /> ��. .-• • ,.. cauaea covered by fire and extended insurance palicies (�all risk") ..-,.....�..._
<br /> - . . - - written by ineurance companies licenaed to do businees in the state .�
<br /> � of Nebraska, and ahall contain the atandard form of vraiver of -
<br /> � aubrogation as against Grantor. Grantee hereby waivee any claim it � , '�
<br />. � . . t might have against Grantor for damage o� injury to Grantee's . ;.�t
<br /> � � - �� property to the extent required to be insured hereunder, regardless � . __ _ -=
<br /> .. ' � .�. ' ; of whether said damage or injury resulted from Grantor's � ;;���;�.-
<br /> negligence. � :_-�`__
<br /> ' . � . ``,'- ' .' • ':���:
<br /> _ ,� �_.__. Section 5.02 General Liability Coveraae. Grante� ahall . :=_,��',:
<br /> . , . . maintain general liability insurance with reepect to tlze Easement • ' � �, �'"--
<br /> . �•.�,.::
<br /> Area with limits of not less than $1,000,000.00 for anjury or death . ''����=
<br /> . ' . of one person, $2,000,000.00 for injury or death to more than one .. . ��'��
<br /> . � •� person from any one accident, and $500,000.00 for property damage : �� ��L=1
<br /> � � � from any one accident. . � ' .'. • -
<br /> . � � .
<br /> �. Section 5.03 Policy Requirements. All insurance - -�
<br /> � policiea required by this Article ehall name both Giantor and � � -
<br /> : ;. :.�::�
<br /> �. . Grantee as insureds as their interesta may appear. Grantee may �, .. ,,
<br /> � obtain the insurance coverage described in this Axtic2e by . " � - .
<br /> endoraement to any blanket policy maintained by Grantee. � . . �
<br /> � The coveragee provided for general liability shall be . . . � •
<br /> - � reviewed annually and increased if necessary to reasonably reflect � �
<br /> .� � '' � potential loss to both of the partiea. Such policies ahall contain �
<br /> _ a clauae th�t the insurer shall not cancel or change the insur�ance .. � �. ,
<br /> ; � without first giving Grantor at least thirty i30) daya prior � � � �;
<br /> . . written notice. Grantee ahall deli�er to Grantor a certificate of � . .
<br /> � . �. � insurance in accordance with this Section 5.03 and ahall within � � �"�' �•
<br /> " � thirty (30) days prior to the expiration of eaid policies deliver • '
<br /> ' to Grantor renewal certificatea. �
<br /> _ . Section 5.04 Sndemnity. Grantee hereby agrees to _ . __.
<br /> _ ; ��" j indemnify and hold Grantor, ite succesBOrs and assigna harmlese _ � _ �, � :
<br /> 1 from any and all loss, damage or liability arising by virtue of . .
<br /> � Grantee's use, occupancy, construction of improvementa or from any � . ' : .
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