R90-24 AUTHORIZING CONVEYANCE OF PROPERTIES - DECATUR HOUSING AUTHORITY

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-2- 4. REGULATORY COMPLIANCE. Lessee shall promptly comply with all laws, ordinances and regulations of the Federal, State, County, Municipal and all other authorities. 5. RESTRICTIONS ON USE. Lessee shall use the premises in cooperation with the City of Decatur, Decatur Park District and Lessor as a "Boys Club" facility for the benefit of disadvantaged youth and the residents of Longview Place, Project Illinois 12-1. In the event that Lessee ceases to act as a "Boys Club", the parties understand and agree that this Lease shall not cease so long as the leased premises shall continue to be used for the same principal purpose as described herein for the benefit of the citizens of Decatur. 6. NO LIENS. Lessee will provide in any contract for future improvement or construction, those provisions necessary by Illinois Revised Statutes to prohibit any mechanics lien from attaching to said premises and also require performance and payment bonds. 7. INSURANCE. Lessee shall continuously during the term of this Lease Agreement insure the leased premises against hazards (extended perils insurance) and liability to the public. During the term of this Lease, Lessee shall provide to Lessor a copy of its insurance policies showing on each the interest of Lessor. The limits of ' liability on said insurance policies shall be reviewed by the ' parties from time to time; and Lessee hereby agrees to furnish � insurance amounts which are satisfactory to Lessor. I 8. UTILITIES. I Lessee shall provide and make arrangements for its own utilities, including, but not limited to, gas, electricity, water, fuel and all similar services. Lessee shall, at all times during the term of this Agreement, obtain such services at its own expense. 9. TAXES. Lessee shall pay any and all taxes which shall become due on the leased premises during the term of this Lease, and Lessee hereby indemnifies and holds Lessor harmless from any liability thereon.