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[Translation from English to Japanese ] TAXES & INSURANCE – Real Estate taxes and government assessments shall be for...

Original Texts
TAXES & INSURANCE – Real Estate taxes and government assessments shall be for the account of LESSOR. Either party to this Contract of Lease may at his option and interest, secure an appropriate insurance policy over their respective insurable interest on the premises subject to this lease and in case of occurrence of the event insured against, either partial or total loss or damage, neither the LESSOR nor the LESSEE shall be personally liable therefore so much so that the party who decided not to secure any insurance policy shall shoulder his own damage and the other party shall be free of any such liability.
3_yumie7 Translated by 3_yumie7

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