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time. Landlord shall have the right to approve all signs <br /> installed by Tenant. <br /> <br /> 8. Liability Insurance. Tenant shall carry, at its <br /> expense, public liability insurance on the Demised Premises, with <br /> a contractual liability endorsement in favor of the Landlord on <br /> the policy, with a company qualified to transact business in <br /> North Carolina, stipulating limits of liability of not less than <br /> <br /> Thousand Dollars ($ 0,000.00) for an <br /> <br /> Thousand Dollars ($ 0,000.00) for an accident affectiBg more <br /> than one person; and Thousand Dollars <br /> <br /> ($ 0,g00.0D) property damage. <br /> <br /> fire extended coverage insurance in the amount of <br /> <br /> Thousand Dollars ($ 0,000.00} on the Demised Premises in the <br /> <br />the contents of the building as Tenant deems necessary. In the <br />event the Demised Premises shall be destroyed or damaged by fire, <br />or other casualty, less than fifty percent (50%) in value, then <br />Landlord shall promptly rebuild or restore such premises. In the <br />event the Demised Premises shall be totally destroyed or damaged <br />to the extent of fifty percent (50%) or more of the value thereof <br />by fire or other casualty, then either party may, within thirty <br /> <br />both parties shall stand released of and free from any further <br />liability under this Lease. <br /> <br />represents that it has full power and right to execute and <br />perform this Lease and that the Tenant, upon paying the rent <br /> <br />hereof, shall peaceably and quietly have, hold, and enjoy the <br /> <br />Demised Premises and all rights and privileges belonging, or in <br /> <br /> <br />