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17. HOLD HARMLESS COVENANT; INDEMNITY: <br />LESSEE agrees to provide and maintain a policy of general liability insurance <br />with a company reasonably acceptable to LESSOR, with Iimits of $1,000,000.00 for <br />injury to persons and $1,000,000.00 for damage to property, which policy shall name <br />LESSOR as an additional insured. LESSEE shall promptly deliver to LESSOR <br />certificates for such insurance. If LESSEE carries a blanket policy covering the demised <br />premises, LESSEE may furnish to LESSOR a certificate of its insuring company that <br />such demised premises are covered by such blanket policy. <br />In any event, LESSEE agrees to be fully responsible and shall indemnify, save <br />and hold LESSOR harmless from all liabilities resulting from the use of the demised <br />premises by LESSEE. <br />18. CONDEMNATION: <br />If any part of the demised premises should be lawfully condemned, the award in <br />condemnation shall be shared by LESSOR and LESSEE as their interest may appear, and <br />in the event that they are unable to agree on a division of the award or on abatement of <br />rent because of the space so taken, the matter shall be submitted to arbitration in the <br />County of Cabarrus, State of North Carolina, in accordance with the rules of the <br />American Arbitration Association then in force for the determination of the respective <br />fair market value of LESSOR'S interest and LESSEE'S interest and the reasonable <br />amount of any abatement in rent. <br />19. LEASE BINDING ON HEIRS; MODIFICATION• <br />All covenants and agreements herein made shall extend to and be binding upon <br />the successors in interest, and assigns of both LESSOR and LESSEE, and no <br />modification of this lease shall be binding unless evidenced by an agreement in writing <br />signed by LESSOR and LESSEE. This writing contains the entire agreement of the <br />parties. <br />7 <br />Attachment number 2 <br />G -2 Page 379 <br />