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�0110�590 <br />7.1.10. Repair, replacem.ent, and maintenance of all utilities on the respective Lots in <br />compliance with all governmental requirements. <br />7.1.11. Providing or hiring third party providers to provide security in the Lot as <br />reasonably determined necessary by the Lot Owner. A Lot Owner shall not be liable in any <br />way to any other party or to any Lot Owner, for any failure, interruption, or defect in the <br />security provided to, or obtained for, or furnished to the Common Area of the Lot. <br />7.1.12. Carrying liability and property (casualty) insurance for Lot Owner's building on <br />the Lot and the Common Area of the Lot. Lot Owners agree that all policies of insurance <br />required under this Section shall be issued by financially responsible insurance companies <br />qualified to do business in the state of Nebraska; certificates of such policies will be <br />delivered to any Lot Owner upon request for the same; and, all public liability, property <br />damage and other casualty policies shall be written as primary policies, not contributing with <br />or secondary to coverage which the Lot Owners may carry. <br />7.1.13. Such other maintenance, repair, replacement, and improvement, of the building <br />on Lot Owner's Lot and the Common Areas of the Lot as shall reasonably be required to <br />maintain a quality class facility. <br />7.2. Joint Maintenance. Provided that each of the Lot Owners shall agree, the Lot Owners <br />may jointly designate one of the Lot Owners to complete the JMCA maintenance items, or assign their <br />obligations to a third party to complete said obligations. ° If any Lot Owner considers reasonably <br />necessary any repairs, maintenance, renewals or replacements to be made or provided as to a specific <br />Lot and the other Lot Owner refuses to do so, any Lot Owner may request in writing that the offending Lot <br />Owner make such repairs or perForm such maintenance or provide such renewal or replacements, and, <br />upon the offending Lot Owner's failure or refusal to do so within thirty (30) days from the date of such <br />written request (plus such additional reasonable time as is necessary if the offending Lot Owner is <br />exercising due diligence), the other non-offending Lot Owner shall have the right (but shall not be <br />obligated), either itself or through a third-party contractor, to make such repair, perForm such <br />maintenance or provide such renewal or replacement; thereupon, the offending Lot Owner, at the other <br />Lot Owner's election, on demand, shall pay or reimburse the other Lot Owner for the reasonable cost <br />thereby incurred by such Lot Owner, and in addition, if not paid within twenty (20) days of such demand, <br />the offending Lot Owner shall pay such Lot Owner, upon demand, interest at the highest legal rate (not to <br />exceed fifteen percent (15%) and a penalty of five cents ($.05) per each dollar expended by such Lot <br />Owner. <br />7.3. Insurance Expenses. The respective Lot Owners shall maintain or cause to be <br />maintained in full force and effect an "all risk" property insurance policy on the improvements located on <br />their respective Lot(s) in amounts to cover the full replacement value of the improvements located <br />thereon, and the Lot Owner shall maintain or cause to be maintained liability insurance on their <br />operations as otherwise provided in this Declaration. <br />7.4. Upon Damage or Destruction. In the event of damage or destruction of any <br />improvements erected or placed on any Lot, whether by fire or other casualty, the Lot Owner shall take <br />such action as may be required by Legal Requirements with respect to any such damage or destruction. <br />The Lot Owner shall also be obligated (unless prohibited by law) to promptly remove all debris resulting <br />from such damage or destruction and take such action as is necessary to return its property and Lot to a <br />visually acceptable, neat, safe condition. If the Lot Owner fails to remove all such debris or take such <br />action as is necessary to place the property in a safe condition within seventy-two (72) hours following <br />such damage or destruction, or if such debris cannot be removed or properly returned to a safe condition <br />within such 72-hour period, to commence such removal or commence such other action as necessaryto <br />return the property to a safe condition and to thereafter diligently pursue same until completion, the other <br />Lot Owner shall have the right (but no obligation) to do so, upon prior written notice to Lot Owner and (i) <br />6 <br />Meadowlark Declaration <br />Lots 1 & 2-9"' Subdivision <br />