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81-002 Ordinance
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81-002 Ordinance
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1/11/2014 11:45:49 AM
Creation date
12/12/2013 11:30:41 AM
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North Olmsted Legislation
Legislation Number
81-002
Legislation Date
3/17/1981
Year
1981
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<br />constitute a lien upon the interest of said Lessee <br />in the real estate. <br />B, Lessor agrees to, and does hereby, waive <br />all rights of recovery and causes of action against <br />Lessee and all parties claiming through or under <br />Lessee for any insured damage or destruction to <br />property of Lessor on or about or adjacent to the . <br />demised real estate, and Lessee does hereby waive <br />all rights of recovery and causes of action against <br />Lessor and all parties claiming through o'r under <br />. Lessor for any insurable damage or destruction to <br />the buildings and improvements on the demised real <br />estate or personal property of Lessee located on or <br />about the demised real estate, howsoever caused. <br />Said waivers shall apply notwithstanding that any <br />such damage or destruction may be due to the <br />? <br />negligence of either party, or the agents or <br />employees of either party, and for which either <br />party may be reimbursed as a result of insurance <br />coverage affecting any loss suffered by either <br />party. Lessor and Lessee agree that any such <br />insurance policies shall include standard waiver of <br />subrogation clauses therein. <br />10. Lessee to Give Insurance Notices. It shall be the <br />duty of said Lessee to give all notices of loss and make all <br />proofs of loss and render all of such services'of every kind <br />as may be necessary and proper in the collection of any and <br />all insurance monies. If said Lessee shall fail to give <br />such notices or make such proofs of loss or render such <br />services, then said Lessor may do'so. , <br />- 8 <br /> ; ,
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