Howard J. Kaplan and Brenda L. Kaplan, et al. - Page 8

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               operation of the Facility.  It is Lessee’s obligation                  
               to operate the Facility in a quality manner and as a                   
               “first class” day care facility.  Failure of the Lessee                
               to do so, as reasonably determined by the Lessor or its                
               duly designated representatives, shall constitute an                   
               event of default under this Lease.  The Lessee agrees                  
               to provide access to the Demised Premises to duly                      
               authorized representatives of the Lessor. * * *                        
                  *       *       *       *       *       *       *                   
                    11. Net Lease.  This is an absolute net lease and                 
               Lessor shall not be required to provide any services or                
               do any act or thing with respect to the Demised Pre-                   
               mises and the rent reserved herein shall be paid to                    
               Lessor without any claim on the part of Lessee for                     
               diminution, setoff or abatement, and nothing shall                     
               suspend, abate or reduce any rent to be paid hereunder                 
               except as otherwise specifically provided herein.                      
                    12. Insurance.                                                    
                         (a) Liability Insurance.  At all times dur-                  
                    ing the Term hereof, Lessee shall, at its own cost                
                    and expense, provide and keep in force liability                  
                    insurance policies as follows:                                    
                              (1) Commercial general liability insur-                 
                         ance including, without limitation upon the                  
                         generality of the provisions of this para-                   
                         graph protecting Lessor and Lessee against                   
                         accident or disaster in or about the Demised                 
                         Premises with limits not less than Two Mil-                  
                         lion Dollars ($2,000,000.00) combined single                 
                         limit for bodily injury (including death) and                
                         one Million Dollars ($1,000,000.00) for prop-                
                         erty damage;                                                 
                              (2) Excess liability coverage of One                    
                         Million Dollars ($1,000,000.00);                             
                              (3) Professional liability insurance,                   
                         with limits not less than One Million Dollars                
                         ($1,000,000.00) including sexual molestation                 
                         and abuse coverage; and                                      







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Last modified: May 25, 2011