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b. Date of Termination. If the event Landlord elects to terminate this L~ase, it shall be deemed to
<br />terminate on the date of the receipt of the notice &election and all rentals shall be paid up to that date. Tenant shall
<br />have no claim against landlord for the value of any unexpired term of this Lease.
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<br />Notwithstanding anything contained in this paragraph 14 to the contrary, Landlord shall only be obligated to restore
<br />the Property to the extent of the insurance proceeds actually received, but if the insurance proceeds actually received
<br />do not permit Landlord to restore the Property, Landlord shall so notify Tenant and either Landlord or Tenant may
<br />terminate this Lease by written notice given within 60 days after Landlord's notice. If Landlord restores the
<br />Property in accordance with the provisions of this Section, then Tenant shall not have any tight io terminate this
<br />Lease because of such damage pursuant to (i) any common law tights, (ii) Minnesota Statutes §504.131 as now in
<br />effect or as it may be hereafter amended or supplemented, or (iii) any comparable tight established b a similar
<br />statute.
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<br />15. CASUALTY INSURANCE:
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<br /> a. Landlord to Maintain. Landlord shall at all times during the term of this Lease, at its expense,
<br />maintain a policy or policies of insurance with premiums paid in advance issued by an insurance company licensed
<br />to do business in the State of Minnesota insuring the Property against loss or damage by fire, explosion or other
<br />insurable hazards and contingencies for the full insurance value, provided that Landlord shall not be obligated to
<br />insure any furniture, equipment, machinery, goods or supplies not covered by this Lease which Tenant may bring
<br />upon the Property or any additional improvements which Tenant may construct or install on the Property. Tenant
<br />shall at ail times during the term of this Lease, at its expense, maintain a policy or policies of insurance with
<br />premiums paid in advance issued by an insurance company licensed to do business in the State of Minnesota
<br />insuring the Property against loss or damage by fa-e, expulsion or other insurable hazards and contingencies for the
<br />full insurable value of Tanant's improvements to the Property and Tenant's personal property.
<br />
<br /> b. Tenant Restriction.' Tenant shall not carry any stock of goods or do anything in or about the
<br />Property which will in any way impair or invalidate the obligation of the insurer under any policy of insurance
<br />required by this Lease.
<br />
<br /> C. Waiver of Liability. Landlord hereby waives and releases all claims, liabilities and causes of
<br />action against Tenant and its agents, servants and employees for loss or damage to, or destruction of, the Property or
<br />any portion thereof, including the buildings and other improvements situated thereon, resulting from fu'e, explosion
<br />and other perils included in standard extended coverage insurance, whether caused by the negligence of any of said
<br />persons or otherwise. Likewise, Tenant hereby waives and releases all claims, liabilities and causes of action
<br />against Landlord and its agents, servants and employees for loss or damage to, or destruction of, any of the
<br />improvements, fixtures, equipment, supplies, merchandise and other property, whether that of Tenant or of others,
<br />upon or about the Property resulting from fire, explosion or the other perils included in standard extended coverage
<br />insurance, whether caused by the negligence of any of said persons or otherwise. The waiver shall remain in force
<br />whether or not Tenant's insurer shall consent thereto.
<br />
<br /> d. Tenant Payment. In the event that the use of the Property by Tenant increases the premium rate
<br />for insurance carried by Landlord, Tenant shall pay Landlord, upon demand, the amount of such premium increase.
<br />If tenant installs any electrical equipment that overloads the power lines to the building or its wiring, Tenant shall, at
<br />its own expense, make whatever changes are necessary to comply with the requirements of the insurance
<br />underwriter, insurance rating bureau and governmental authorities having jurisdiction.
<br />
<br />16. PUBLIC LIABILITY INSURANCE:
<br />
<br />Tenant shall during the term hereof keep in full force and effect'at its expense a policy or policies of public liability
<br />insurance with respect to the Property and the business of Tenant, on terms with companies approved in writing by
<br />Landlord, in Landlord and Landlord's designees are named as additional insured under prudent limits of liability not
<br />less than: $500,000.00 for injury/death to any one person; $1,000,000.00 for injury/death to more than one person,
<br />and $500,000.00 with respect to damage to property. Such policy(ins) shall: (i) provide that such policies are
<br />primary and landlord's policy(ins) are noncontributing; (ii) include a cross-liability endorsement, and (iii) require
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