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12. Insurance: Lessee shall be solely responsible for maintaining insurance on its property, <br /> including but not limited to moveables, trade fixtures installed by Lessee, furniture, <br /> furnishings, equipment, and inventory. Lessor shall be responsible for maintaining <br /> owners insurance on the real property. <br /> 13. Right to Purchase: At anytime during the course of this leasehold, Lessee may exercise <br /> its option to purchase the property subject to this lease for the total amount of the <br /> purchase price, any remodeling costs, costs of repairs, and costs of maintenance paid by <br /> city during the course of leasehold. <br /> 14. Compliance with Laws: Lessee agrees not to violate any law, ordinance, rule, or <br /> regulation of any governmental authority having jurisdiction of the leased premises. <br /> Provided, however, that Lessor shall adopt no ordinance, regulation or resolution <br /> imposing specific conditions on Lessee's operation on the leased premises that are more <br /> stringent than generally applicable throughout the City of Batesville. <br /> 15. Title and Quiet Enjoyment: Lessor covenants and warrants that it is the owner of the <br /> leased premises and may lease the premises as herein provided. Upon payment by Lessee <br /> of the rents herein provided and upon the observance and performance of all covenants, <br /> terms, and conditions upon Lessee' part to be observed and performed, Lessee shall <br /> peaceably and quietly hold and enjoy the demised premises for the term hereby demised <br /> without hindrance or interruption by Lessor or anyone acting on Lessor's behalf. <br /> 16. Succession: This Lease agreement shall inure to the benefit of and be binding upon the <br /> parties hereto and their respective heirs, successors, and assigns. <br /> 5of6 <br />