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Home My WebLink About1975 ! property, includinq the loss of use tr.ereof arising aut of ownership, ~aintenance, use or operation of :he Racreation Center or a~y buildiag or improvement or personalty located tY~,ereon, without maximu.-n li.. ' ta- tions. 18.2. Property Insurance. Policies of ins::rance insuring against loss or damage to the builuir.gs and i;r,provements now or hereafter located upon the Recreation Center a:~n ail furniture, fixtures, mac::ir.ery, eq~:ipr~ent and furnishings now or herea~ter brought or placed tY~.ereon in- suring against loss by: (a) Fire. Fire, ~;i: datorm and such other hazards as may be included in the broadest for:: of exte:~ded coverage fro:r~ time to time available; and (b) Boiler. ~y boi~ar explosion, if boilers are now or r,ereafter located in the a~orasaici Auildings, and (c) Other. ro t;ze ex~ezt required by the Lessor, war daznage or damage by civii insurrec~i~;~ or commotion as the sa~~e . .;.ay not be covered by other pclic~es ab~ve referred. The insurance r2au~red hereunder shall be i:~ an air.ount equal to the maximu.~r~ i:surab~e value, lhe Associatior. s:zall f f~:rnish ~olicies insuring actual re~lace.:,ent costs without deductio;. ; _ - ~ for depreciation and in such case the tezn "m.aximum insurable va~4e" ~ ~ ~ as used herein shall meaa the actual replace~r.ent cost of the prcpert:~ ' required to be insured without deductioa for depreciation. If nolicies insuring replacement costs are :.~t a~ailaole, tnen the said.te "~r.aximu,-n insurable value" shall ::ear. t~ze act~;al cash value with n~:e allowance for depreciatioa of t:~e pro~erty required to be insured, to ~ the extent insurance may be af~orded ur:dzr policies covered ir. that ~ ~ ~ manner. ~ . ~ 18.3. Generally. All insura:.ce required to be carried ~ shaZl be effected under policies written in suc.h form and issued by ~ ~ -20- ~ ~ ~ 1~9 ~196~ ~ ~ - - _ _ , z~ ~ -~~~`~,f :Y_ a'~~-~ _ _