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18109 '09 YBN 11:88 PAX 418 682 2420 CAWMSS_BLYC0R INC 0011 <br />3.2 8taaent ofPenmits, Upon Wm mWon of this A�repnr,nt for <br />and hereby does oortveY, transffer, assign �d set m►or to reason, Lessee shall <br />interest m and to the I�e¢'cai� tam with Lessor all of LemmWs �4 title and <br />�nml and, fie$ of all of Lessee's wcork �, mine plans, <br />M leering eb Co and other docum%b, plans and wee <br />fecoag to thes Perooits. For that purpose Lessso h,y name Lmmacr its or <br />with fall power of suba4itution, tp take satin �aY iri fact <br />such deed, in �.asseo's naam, place ands � execute suab doctiumants and pa'forn <br />essiStat of Peter, as may be r100e982ry to carry out the a&� <br />ARTICL$ 4: IWSURANCE AND Y Wpa CARoll <br />4.1 hssttrartoe. Daring the initial Tema sad �e R�,y�,W T <br />t� of the Lease Agroem�tt n °m (83 same may be govccmed by the <br />in hl' form and e8ott Qfj for same, Lemur stall obtain, maintain and 1ceep <br />ell :t for the t of Lessee and Lessar, as their ktemsts may appea, <br />Policies of insurance covedug the following risks: <br />4.1.1 (pjwftd C lty3nstt=oeAneur,ng against lass oar damage by &C and <br />included iri the braoadest Auxl rd form obtainable of cov M' °f the casaaltic3s <br />Contraot adomemoats in an arnotmt suffcdent to meet the coiast r 69PI"enaY <br />nests of tile <br />POWes, but not Was than eightypeVnY ($tP�6) of the tali inam-able value of the psnperty. <br />4.1.2 ; 9mpi`eliaeasiue public- liability insul=cb <br />l - m amauats not leas than Five MiAian Dollars (SS Ot><I) ibr ��' <br />mCluding property cove�cing tits <br />&nth rosWdnz) and not less tip Ten Million Dollars' 10, any oAe PMM iWured (or <br />0u1S death tesolti ag) and not less than one Dollars for any one aacidc;at <br />damage per accident. (S1,000,t)00) four Pmpaty <br />4.1.3. coveting Lessee's petamnial o t <br />8hai] desire, and in uo oymt shall Lessor be 1 °such and amount as Lessee <br />Lessee's pamnw may, responsible or liable to Lessee age to <br />4.1.4 Prior to the oamm011 oftho initial T <br />Renewal Tartu, Lessee shall p�rovidq os cam to b� ��y and dur�g tIw <br />s>ao�ving the bore p °��, � Leasouc carti8oates of <br />8� polICW in W tome and coat and shall re pdm That <br />re,aewal oart;Scates be provided annUaiiy dtuing tb►e >niQ Torm and the Renewal 3`ernt (ae <br />LY be gavernsd by the terms of the lease agrOMMO tt rtagodated for amua and to <br />I•esaor w notice of any change or teaxaination of coverage at least Provide <br />snob old or wmhm ion, � (30) � prior to <br />4.2 catiion. Lessee's Pt'wa ce end <br />�Pb3'+aea and invi6D op and tlaoss of its oS�icere, age ats, <br />hereby aove4ants a �' on the Pivp�y shalt be at its sole cost; was and xIslc. LCssea <br />agrees to aaousratq save hmrmless, protect, <br />t and against any and all liens of mechwlcs, m�riabn� did <br />and bowao cis, suits or a0doa, ]udpmb and cotes by w ,ew low` <br />caused ar enrich mad' m W aum my ome anstained <br />whatsoav+er as $ cantii of t� use <br />