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4. ALTERATIONS, IMPROVEMBNTS AND ADDITIONS. The Lessee
shall have the right to construct a restaurant~o~ the subject premises
and to make such other alterations, additions, or improvements as they
deem necessary to carry out the purpose of operating a restaurant
business.
5. REPAIRS. The Lessee shall, during the existence of this
Lease, be responsible for all repairs to the leased premises.
- 6. MAINTENANCE. The Lessee shall be responsible for all
maintenance of the demised premises which shall be accomplished at
their expense.
7. UTILITIES, TAXES AND SERVICES. Lessee shall pay for all
electricity and water consumed by-them in their use of the demised
premises. Lessee shall pay all real estate taxes on the demised
premises, including and increases which~-occur during the leased term.
Lessee shall pay all special taxes and assessments for Che improve-
ment or betterment of the demised real property of every kind and
nature. Lessee shall pay all rental sales taxes and shall further
pay all tangible personal property taxes or other taxes levied with
respect to furniture, furnishings, inventory, and equipment owned by
them and kept on the leased premises for their sale or. use.
8. INSURANCE. Unless mutually agreed otherwise, Lessee, or
Lessor, at the expense of Lessee, shall maintain in force public -
liability insurance on the demised premises naming Lessor and Lessee
as named insureds, in an amount not less than $1,000,000.00 for any
one accident, and not less than $500,000.00 for any injury to a single
person, Lessee hereby agrees to indemnify Lessor against-and to hold
Lessor harmless from any and all claims or demands fos loss of or
damage to property or for injury or death to any person from any
cause whatsoever while in, upoh, or about said demised premises, or
the sidewalks adjacent thereto during the tez~m of this Lease. The
Lessor shall be named as co-insured on all of the policies of
liability insurance held by Lessee, and shall be entitled to a
certificate from the insurer showing said coverage to be in effect.
Initialed y Lessors Initialed by Lessees
on 1979. on 1979.
ri
-3- 8~a~316 P~~~.195