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<br />3. HOLD HARMLESS <br /> <br /> <br />That LESSEE agrees to indemnifY, save, keep, and hold harmless LESSOR from and against <br /> <br /> <br />any and all demands, debts, liabilities, suits, claims, and causes of action of every kind and character <br /> <br /> <br />whatsoever for damage or injuries to persons and/or property occurring on the leased premises <br /> <br />resulting from LESSEE's, his invitees', agents', servants', or employees' use, and LESSOR shall not <br /> <br />be liable to LESSEE, his invitees, agents, servants, employees, or visitors due to the improvements <br /> <br />located thereon, or hereafter constructed, or any other condition of the premises being improperly <br /> <br /> <br />constructed, maintained, or being or becoming out of repair; LESSEE hereby waives any defects <br /> <br /> <br />therein and agrees to hold and save LESSOR harmless from all claims for any such damages or <br /> <br />injuries. <br /> <br />4. INSURANCE REOUlREMENTS <br />That LESSEE must, at all times during the term of this Agreement, and any extensions hereof, <br /> <br />keep and maintain in full force and effect a policy or policies of insurance, providing at least <br /> <br /> <br />$250,000.00 per person and $500,000.00 for any single occurrence for bodily injury or death and <br /> <br /> <br />$100,000.00 for any single occurrence for injury to or destruction of property, indemnifYing all <br /> <br /> <br />persons for any and all damages, personal injuries, or property damages sustained in or upon the <br /> <br />premises of said leased property, or any part thereof, as the result of the negligence of LESSEE, his <br /> <br />invitees, agents, servants, or employees, and shall pay all premiums due thereon when due. It is <br /> <br />expressly provided that such insurance policy or policies shall and must be written and issued by a <br /> <br />reputable insurance company or companies, with LESSOR as an additional insured, subject to <br /> <br />approval by the City Attorney of the City of Paris, and LESSEE or his insurance carrier or carriers <br /> <br /> <br />shall deliver a copy of any such policies to the City Clerk ofthe City of Paris, 150 1st Street S.E., <br /> <br /> <br />Paris, Texas 75460, or furnish to said City Clerk a current letter or certificate from such company or <br /> <br />Lease Aareement...Page 3 <br />