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SENT BY :PHGBO74{UUKFAXGB9AS44 DL 19-92 2 16:12 SLIDSTONEYOUNGANDERSO~

shall not be responsible for any of the pilings located
on the Lands at the commencement of this Agraement;

the obligations of the Tenant to release, indemnify and
save harmless the Municipality in respect of events
occurring during the currency of the Lease shall survive
for one year from the date of the expiry or any
termination of the Lease, notwithstanding anything in
this Lease to the contrary;

TASULANCS

(n)

(0)

the Tenant shall ensure that all buildings and structures
Located on the Lands and the contents of those buildings
and structures are insured to full raplacemant value and
the Ténant shall provide ta the Municipality a
Certificate of Insurance at the time of each new or
renewed policy;

the Tenant shall obtain and keep in force a policy of
comprehensive general liability insurance (the "Policy")
providing coverage for all losses, including death,
bodily injury, property loss and property damage arising
out of tne Tenant's use and occupation of the Lands in
an amount of not less than Five Million ($5,000,000.00)
Dellars per occurrence and the Municipality gehall be
named an additional insured under the Policy (without any
rights of cross-claim or subrogation against the
Municipality). At the time of execution of this Lease,
the Tenant shall provide the Municipality with a
Certificate of Insurance. The amount of insurance
required herein shall be increased to a reasonable
amount, if so required by the Municipality, on 120 days
writtan notica:

Hortgage

(P)

the Tenant shall not mortgage or otherwise charge or
encumber its interest in the Lands;

Compliance with Lease

(q)

the Tenant shal] fulfil ali the obligations of tha
Municipality under the Head Lease and the Tenant shall
do nothing which may constitute a default of the
Municipality under the Head Laase.

Municipality's Covanants

7. The Municipality hereby covenants with the Tenant that, upon
the Tenant paying the Rant and performing and observing its
covenants herein contained and not being in default under this

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