License Agreement - Fraternal Order of Police Lodge No 36 - FOP Property Use by SBPD

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Property Insurance: Fire and extended coverage in an amount equal to 100% of the full replacement value of the improvements on the Property. Grantee is a municipal corporation organized under the laws of the State of Indiana and is self -insured under provisions of Indiana statutes and local ordinance. Grantee maintains blanket insurance coverage over real and personal property and is covered by a non -reverting insurance premium and liability reserve fund created by the City of South Bend, Ordinance # 6657-79, pursuant to Indiana Code § 34-13-3-4, as amended from time to time. Grantee, at its sole cost and expense, shall insure its activities in connection with this Agreement and obtain, keep in force, and maintain a general liability self-insurance program and workers' compensation as required by Indiana law. 6.0 Breach of Agreement. In the event that Grantee fails to make payments as provided in this Agreement or breaches any covenant, restriction or condition set forth in this Agreement, Grantor shall provide Grantee with 30 days written notice of said breach, and if Grantee fails to cure said breach within fifteen (15) days of receiving said notice, the entire remaining license fee due under this Agreement shall immediately become due and payable without further notice or demand. In the event of such default by Grantee, Grantee shall immediately deliver the Property to Grantor and said delivery shall not impact the obligations of the Grantee under the terms of this Agreement. In the event that the Grantor is required to use legal process to enforce the provisions of this Agreement, Grantee agrees to pay the reasonable and necessary costs incurred by Grantor, together with the reasonable attorney's fees provided, however, that Grantor is the prevailing party. Should Grantee be the prevailing party, the parties shall each bear their own fees and expenses. 4