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<br /> -7- <br /> evidencing fire and extended coverage insurance issued by an <br /> insurance company duly authorized to do business in the State of Texas <br /> on the permanent improvements to be constructed upon the leased <br /> premises described in parag raph I hereof. Should annual fire and <br /> extended coverage insurance premiums paid by LESSOR in connection with <br /> the ownership, maintenance or use of the San Marcos Municipal Airport <br /> or any.operations at said Airport or elsewhere which are necessary or <br /> incidental to said ownership, maintenance or use ever be increased <br /> because of the securing by LESSEE of its own aircraft in the hangar <br /> provided for herein, LESSEE shall promptly pay to LESSOR the <br /> additional amount of the premium immediately upon request by LESSOR. <br /> LESSOR shall not be liable to LESSEE for losses or damages incurred <br /> by LESSEE due to theft or burglary upon the leased premises. <br /> IX. <br /> Other Insurance Requirements. <br /> <br /> A. LESSEE agrees to maintain at its expense during the term of <br /> this Agreement a policy of general l,iabi1i ty insurance issued by a <br /> casualty insurance company duly authorized to do business in the State <br /> of Texas with minimum limits of $100,000.00 per person and 5300,000.00 <br /> for any single occurrence of bodily injury or death and $100,000.00 for <br /> any single occurrence of injury to or destruction of property <br /> occurring as a result of or arising out of LESSEE'S operations under <br /> this Agreement and/or the use or maintenance of the metal hangar <br /> building provided for in this Agreement. Said insurance policy shall <br /> name LESSOR as an additional insured and shall contain the endorsement <br /> that such insurance may not be cancelled or amended with respec t to <br /> LESSEE without thirty ( 30) days' prior written notice by certified <br /> mail, return receipt requested, to LESSOR by the insurance <br /> company. Any insurance policy herein required or procured by LESSEE <br /> shall contain an express waiver of any rights of subrogation by the <br /> insurance company against LESSOR. A certificate evidencing such <br /> insurance coverage shall be delivered by LESSEE to LESSOR immediately <br /> upon the execution of this Agreement, and thereafter within ten (10) <br /> days of the inception or renewal of any such policy by the insurance <br />