Insurance Addendum

(Liability Insurance Required by Resident)

This Insurance Addendum ("Addendum") to the Apartment Lease dated (the "Lease"), is made by and between Lessor and Resident for the Premises at the Community identified in the Lease.

Resident agrees to obtain and maintain, at Resident's sole expense, during the Term of the Lease and any subsequent renewal periods, a policy of personal liability insurance, which provides limits of liability to third parties in the amount not less than $50,000 per occurrence (Insurance Requirement). At the Resident's discretion, and sole expense, Resident may purchase an insurance policy covering Resident's personal property or belongings, however Resident is only required to meet the $100,000 per occurrence liability insurance requirement. Such liability insurance does not protect Resident against loss or damage to Resident's personal property or belongings - only a renter's insurance policy does this. Lessor also retains the right to hold Residents' responsible for any losses in excess of Residents' insurance coverage or for damages not covered.

Resident acknowledges that property or liability insurance maintained by Lessor may not protect Resident against personal injury, loss or damage to Resident's personal property or belongings, or to cover Resident from Resident's own liability from injury, loss or damage from fire or other negligent acts Resident (or Resident Occupant's or Guests) may cause others. Resident acknowledges they are not considered a co-insured of the Lessor and not protected under Lessor's fire insurance. Resident also acknowledges that by not maintaining a policy of personal liability insurance, he/she may be liable to others, including, if applicable, Lessor, for loss or damage from fire or other negligent acts caused by the actions of Resident or any of Resident's Occupants or Guests.

Resident agrees to maintain a policy of $100,000 personal liability insurance from an insurance company of Resident's choosing. The Resident will provide Lessor with written proof of compliance with this Insurance Addendum on or prior to the Commencement Date of this Lease, subsequent renewal periods, and from time to time thereafter upon Lessor's request.

Resident acknowledges that failure to provide written proof and maintain the Insurance Requirement shall be a Default in accordance under the terms of the Lease, and Lessor shall be entitled to exercise all rights and remedies at law or in equity. In the event of any conflict between the terms of this Addendum and other terms of the Lease, the terms of this Addendum shall control. Any term that is capitalized but not defined in this Addendum that is capitalized and defined in the lease shall have the same meaning for purposes of this Addendum as it has the purpose of the Lease.