Coast Property Management 8/3/2020

600 Ninth Ave Apts COAST LEASE ADDENDUM PERSONAL LIABILITY INSURANCE REQUIRED This is an addendum to the Lease for Apt. No. 1 -401 at 600 9th Ave.#1 -401,Seattle,WA 98104 The effective date of this Addendum is August 1.2020. Tenant agrees to maintain, at Tenant's sole expense during the term of this lease and any subsequent renewal periods, a policy of personal liability, issued by a licensed insurance company of the tenant's choice,which provides limits of liability in an amount of$100,000.00 per occurrence. Tenant agrees to waive subrogation rights against Landlord, its manager and their officers, directors and employees to the fullest extent allowed. We retain the right to hold you responsible for any loss in excess of your insurance coverage.Tenant will name Coast Property Management as additionally insured on policy. You acknowledge that we do not maintain insurance to protect you against personal injury, loss or damage to your personal property or to cover your own liability for injury, loss or damage you(or your occupants or guests)may cause others.You also acknowledge that you may be responsible to others(including us)for the full cost of any injury, loss or damage caused by your negligent actions or the negligent actions of your occupants or guests, including but not limited to damage caused by fire or smoke. At all times,you are able to purchase insurance through the carrier or agency of your choice,and are not required to purchase insurance through a particular carrier or agency. However, the insurance must meet the Lease's minimum requirements at all times. Resident's Renter Insurance Policy: INSURANCE COMPANY POLICY NUMBER TBD TBD Unless otherwise prohibited by law, any default under the terms of this Addendum shall be deemed a material default of the Lease, and we are entitled to exercise all rights and remedies under the law. If you fail to obtain and maintain personal liability insurance as required by this Addendum,you will be in violation of your Lease. In such event,we may send a written notice to you demanding that you cure the violation by purchasing the insurance and providing evidence of coverage to us. If you fail to supply evidence of such insurance to us on or before the specified date set forth in your notice,we reserve the right to charge a non compliance fee of$13.00 per month. NOTE: This form must be completed in full and signed by both the resident and an authorized representative of the property management company.Any insurance suggested in connection with this lease can be satisfied by a policy purchased through an authorized agent or insurance company in this state. By signing below,yo acknowledge and agree to be bound to the terms of this Addendum. �_ f,, /3/Z 08/03/2020 City of Ev- Resi;r� Date Myrya ce wner/ gent) Date Office of the City Attorney APPROVED AS TO FORM David C.Hall,City Attorney ATTEST: ''':-i/-; -e..) puty City Clerk 0 28