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Ar <br />%- ? <br />persons arising out of one accident or disaster, and <br />property damage with limits of not less than Three Hundred <br />Thousand Dollars ($300,000). <br />9. Fire and Extended Coverage Insurance and Waiver of <br />Subrogation. <br />A. Said Lessee further covenants that Lessee <br />will, at Lessee's own cost, immediately insure, and <br />keep insured at all times, against fire and `., <br />extended coverage risks and additional perils, all <br />buildings now or hereafter placed upon said demised <br />real estate, in an amount at least equal to that <br />required to meet an 80 percent coinsurance <br />requirement. Said policy or policies of insurance shall be <br />secured from any responsible and solvent insurance <br />company or companies admitted to do business in the <br />State of Ohio, and the benefits shall be made <br />payable to the Lessee, Lessor, and, if required, to <br />any mortgagee, as the interest of each may appear. <br />Said policy or policies shall contain an agreement <br />by the insurer that such policy shall not be <br />cancelled without at least ten (10) days' prior <br />written notice to Lessor and to any mortgagee to <br />whom a loss thereunder may be payable. <br />Should Lessee fail to so insure, then said <br />Lessor may, at Lessor's option, so insure and pay <br />the premiums, and the amounts so paid shall <br />immediately be reimbursed by Lessee to Lessor, <br />together with interest thereori at the rate of <br />twelve percent (12$) per annum, which amounts shall <br />- 7 -