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available to Tenant for repair or replacement. <br /> <br /> In spite of anything to the contrary in the immediately. <br />preceding paragraphs of this section, in case of destruction <br />of the building on the Demised Premises or damage to the <br />building from any cause so as to make it untenantable <br />occurring during the Term of this Lease or during any <br />extension thereof, Tenant, if not then in default under this <br />Lease, may elect to terminate this Lease by written notice <br />served on Landlord within thirty (30) days after the <br />occurrence of the damage or destruction. In the event of such <br />termination, there shall be no obligation on the part of <br />Tenant to repair or restore the building or improvements nor <br />any right on the part of Tenant to receive any proceeds <br />collected under any insurance policies covering the building <br />or any part of the building. On such termination, rent, taxes, <br />assessments and any other sums payable by Tenant to Landlord <br />under this Lease shall be prorated as of the termination date. <br />In the event any rent, taxes, or assessments shall have been <br />paid in advance, Landlord shall rebate any such payment for <br />the unexpired period for which payment shall have been made. <br /> <br /> If, in the event of destruction or damage during the <br />Term of this Lease, or any extension thereof, Tenant does not <br />elect to terminate this Lease, the proceeds of all insurance <br />covering the damage or destruction shall be made available to <br />Tenant for repair or replacement, and Tenant shall be <br />obligated to repair or rebuild the building as provided above. <br /> <br /> 10. Ownership of T-~.rovements. Ail improvements <br />constructed on the Demised Premises by Tenant as permitted by <br />this Lease shall be owned by Tenant until expiration of the <br />Term or earlier termination of this Lease as provided for in <br />Paragraph 12. Landlord shall have the right to approve the <br />site plans of the Tenant for the proposed improvements and <br />Tenant may not modify, alter or add to said site plans without <br />the written consent of Landlord. Said approval and/or consent <br />shall not be unreasonably withheld. A copy of the proposed <br />site plans shall be attached as Exhibit B, and the execution <br />of this Lease shall be conclusive as Landlord's approval under <br />this paragraph. Tenant may, without the consent of Landlord, <br />modify, alter or add to the interior of the improvements <br />constructed on the Demised Premises. In addition, all <br />Tenant's grading plans, including amendments thereto, shall be <br />approved, in writing, by Landlord not later than 14 days after <br />the same have been submitted. If the grading plans are not <br />approved by Landlord, Landlord shall give a written <br />explanation of the reasons for denial. <br /> <br />Any improvements on the Demised Premises at the <br /> <br />6 <br /> <br /> <br />