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$300,000.00 for any destruction of property, indemnifying all <br />persons for any and all damages, personal injuries or property <br />damages sustained in or upon the premises of said leased <br />property, or any part thereof, as the result of the negligence of <br />Lessee, his invitees, agents, servants or employees, and shall <br />pay all premiums due thereon when due. It is expressly provided <br />that such insurance policy or policies shall and must be written <br />and issued by a reputable insurance company or companies, subject <br />to approval by the City Attorney of the City of Paris, and Lessee <br />or his insurance carrier or carriers shall deliver a copy of any <br />such policies to the City Clerk of the City of Paris, or furnish <br />to said City Clerk a current letter or certificate from such <br />company or companies, evidencing the fact that such insurance is <br />in full force and effect at all times during this lease and any <br />extension thereof. <br />13. Lessee will not rent the premises or any part thereof <br />for aircraft storage unless a permit under Article II, Chapter 6, <br />of the Code of Ordinances of the City of Paris, has been issued <br />to him for that specific purpose. <br />14. That Lessee will not use or permit the use of said <br />premises or any part thereof for any purpose which is determined <br />dangerous or hazardous to the airport operation by Airport <br />Manager. <br />15. Should Lessee default in, or fail or refuse to keep any <br />of the covenants, conditions, stipulations and /or provisions <br />herein contained, notice hereof shall be given in writing to <br />Lessee by Lessor's Airport Manager, giving Lessee thirty (30) <br />days to correct such discrepancy, and in the event of such <br />default, failure or refusal is not corrected within said thirty <br />(30) day period, a second notice in writing by certified mail, <br />