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<br />12. INSURANCE: Lessee shall be responsible to maintain insurance on the Equipment <br />with losses payable to Lessor against fire, theft, collision, and other such risks as are <br />appropriate and specified by Lessor. Upon request by Lessor, Lessee shall provide proof <br />of such insurance. Lessee shall also maintain liability insurance to protect all parties <br />against any injury that may occur while the units are being leased. Lessee will have <br />Komfort Zone Ltd. named as an additional insured on their policy and copy provided to <br />Lessor. <br /> <br />13. ENCUMBRANCES, TAXES AND OTHER LAWS: Lessee shall keep the <br />Equipment free and clear of any liens or other encumbrances, and shall not permit any act <br />where Lessor's title or rights may be negatively affectcd. Lessee shall bc responsible for <br />complying with and conforming to all laws and regulations relating to the possession, <br />use, permits or maintenance of the Equipment. <br /> <br />14. LESSORS REPRESENTATIONS: Lessor represents and warrants that he/she has <br />the right to lease the Equipment as provided in this Agreemcnt and that Lcssee shall be <br />entitlcd to quietly hold and possess the Equipment, and Lessor will not interfere with that <br />right as long as Lessee pays the Rent in a timely manner and performs all other <br />obligations under this Agreement. <br /> <br />15. OWNERSHIP: The Equipment is and shall remain thc exclusive property of Lessor. <br /> <br />16. SEVERABILITY: Ifany part or parts of this Agreement shall be held unenforceable <br />for any reason, thc remainder of this Agreement shall continue in full force and effect. If <br />any provision of this Agreement is deemed invalid or unenforceable by any court of <br />competent jurisdiction, and if limiting such provision would make the provision valid, <br />then such provision shall be deemed to be construcd as so limited. <br /> <br />17. ASSIGNMENT: Neither this Agreement nor Lessee's rights hereunder are <br />assignable except with Lessor's prior, written consent. <br /> <br />18. BINDING EFFECT: The covenants and conditions containcd in the Agreement <br />shall apply to and bind the Parties and the heirs, legal representatives, successors and <br />permitted assigns of the Parties. <br /> <br />19. GOVERNING LAW: This Agreement shall be governed by and construed In <br />accordance with the laws of the State of Florida. <br /> <br />20. NOTICE: Any notice required or otherwise given pursuant to this Agreement shall <br />be in writing and mailed certified return receipt requested, postage prepaid, or delivered <br />by overnight delivery service to: <br /> <br />Equipment Lease Agreement <br /> <br />3 <br /> <br />Sib <br />