HomeMy WebLinkAbout2804 17. DUTY OF LESSEE TO ASS~SS AND PAY. It shall be the
duty of the Lessee to assess its unit owners equally in such
amounts as shall be necessary to p~y its obligations, payable in
money to the Lessor hereunder, and to otherwise perform its coven-
ants and promises herein.
18. INSURANCE. The Association shall throughout the
term of this lease keep in force insurance policies as follows:
18.1. Public Liability. Comprehensive, general
public liability insurance in which the Lessor, Association, Lessee
and all other lessees as to the Recreation Center shall be named
" insureds against claims for bodily injury, sickness or disease
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; including death at ~ny ti~ne resulting therefrom and for injury to
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~ or destruction of property, including the loss of use thereof
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~ arising out of ownership, maintenance, use or operation of the
~ Recreation Center or any building or improvement or personalty
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~ located thereon, without maximum limitations.
~ 18.2. Property Insurance. Policies of insurance
~ insuring against loss or damage to the buildings and improvements
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~ now or hereafter located upon the Recreation Center and all furni-
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~ ture fixtures machiner e ui ment and furnishings now or here-
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- after brought or placed thereon insuring against loss by:
(a) Fire. Fire, windstorm and such other haz-
ards as may be included in the broadest form of extended coverage
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from time to time available; and
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~ (b) Boiler. By boiler explosion, if boilers
are now or hereafter located in the aforesaid buildings, and
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