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� r <br /> remain unpaid during the period of such contest and cany appeal <br /> therefrom. <br /> 6 . Insurance Reauired. During the Term, Tenant shall keep <br /> the Premises continuously insured against such risks as are <br /> customarily insured against by businesses of like size and type, <br /> paying as the same become due all premiums in respect thereto, <br /> including but not necessarily limited to (i) insurance to the <br /> extent of the full insurable value, determined on October 1 of <br /> each year of the Lease Term, of any improvements located on the <br /> Premises against loss thereto from or damaged by vandalism, fire <br /> and flood, with the deductible amount not exceeding $25, 000, with <br /> uniform standard extended coverage endorsement limited only as <br /> may be provided in the standard form of extended coverage <br /> endorsement at the time in use in North Carolina, and (ii) <br /> insurance against liability for injuries to or death of any <br /> person or damage to or loss of property arising out of or in any <br /> way relating to the condition of the Premises or any portion <br /> thereof, in the minimum amount of a combined single limit of $1 <br /> million for death of or personal injury to any one person and for <br /> all personal injuries and deaths resulting from any one accident <br /> and for property damage in any one accident . Landlord, its <br /> officers and employees, shall be named as additional insureds in <br /> the insurance contracts providing for liability insurance. <br /> In the event of a loss, the net proceeds of the extended <br /> coverage insurance shall be received by Tenant and shall be paid <br /> and applied as provided in Paragraph 7, relating to damage, <br /> destruction and condemnation. All insurance required in this <br /> Lease shall be taken out and maintained in generally recognized, <br /> responsible insurance companies qualified to do business in the <br /> State of North Carolina selected by Tenant . All policies <br /> evidencing such insurance shall provide for payment to Tenant and <br /> Landlord as their respective interests may appear. A certificate <br /> or certificates of the insurers that such insurance is in force <br /> and effect shall be delivered to Landlord. Prior to the <br /> expiration of any such policy, Tenant shall furnish Landlord with <br /> evidence satisfactory to Landlord that the policy has been <br /> renewed or replaced. The insurance herein required may be <br /> contained in blanket policies now or hereafter maintained by <br /> Tenant . In the event Tenant shall fail to maintain the full <br /> insurance coverage required by this Lease or shall fail to keep <br /> the Premises in as reasonably safe condition as its operating <br /> condition will permit, or shall fail to keep the structures <br /> located on the Premises in good repair and good operating <br /> condition, Landlord may, but shall be under no obligation to, <br /> take out the required policies of insurance and pay the premiums <br /> or make the required repairs, renewals and replacemEnts . All <br /> amounts so advanced therefore by Landlord shall become additional <br /> rent, which amounts, together with interest thereon at <br /> NationsBank' s prime rate plus 1% per annum from the date thereof, <br /> shall be paid by Tenant upon demand by Landlord. <br /> 9 <br />