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600 Ninth Ave Apts <br />COAST <br />LEASE ADDENDUM <br />PERSONAL LIABILITY INSURANCE REQUIRED <br />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 <br />Addendum is September 1. 2023. <br />Tenant agrees to maintain, at Tenant's sole expense during the term of this lease and any subsequent renewal periods, a <br />policy of personal liability, issued by a licensed insurance company of the tenant's choice, which provides limits of liability in an <br />amount of $100,000.00 per occurrence. Tenant agrees to waive subrogation rights against Landlord, its manager and their <br />officers, directors and employees to the fullest extent allowed. We retain the right to hold you responsible for any loss in <br />excess of your insurance coverage. Tenant will name Coast Property Management as additionally insured on policy. <br />You acknowledge that we do not maintain insurance to protect you against personal injury, loss or damage to your personal <br />property or to cover your own liability for injury, loss or damage you (or your occupants or guests) may cause others. You also <br />acknowledge that you may be responsible to others (including us) for the full cost of any injury, loss or damage caused by your <br />negligent actions or the negligent actions of your occupants or guests, including but not limited to damage caused by fire or <br />smoke. <br />At all times, you are able to purchase insurance through the carrier or agency of your choice, and are not required to purchase <br />insurance through a particular carrier or agency. However, the insurance must meet the Lease's minimum requirements at all <br />times. <br />Resident's Renter Insurance Policy: <br />INSURANCE COMPANY <br />City of Everett Self Insurance <br />Unless otherwise prohibited by law, any default under the terms of this Addendum shall be deemed a material default of the <br />Lease, and we are entitled to exercise all rights and remedies under the law. If you fail to obtain and maintain personal liability <br />insurance as required by this Addendum, you will be in violation of your Lease. In such event, we may send a written notice to <br />you demanding that you cure the violation by purchasing the insurance and providing evidence of coverage to us. If you fail to <br />supply evidence of such insurance to us on or before the specified date set forth in your notice, we reserve the right to charge <br />a non compliance fee of $13.00 per month. <br />NOTE: This form must be completed in full and signed by both the resident and an authorized representative of the property <br />management company. Any insurance suggested in connection with this lease can be satisfied by a policy purchased through <br />an authorized agent or insurance company in this state. <br />POLICY NUMBER <br />Self Insurance <br />9. Miscellaneous. <br />a. Except as specifically stated in this Addendum, all other terms and conditions of the Lease shall remain unchanged. <br />b. In the event of any conflict between the terms of this Addendum and the terms of the Lease, the terms of this Addendum <br />shall control. <br />c. The insurance required by the Lease is not an attempt to limit our liability for its own negligence or your liability for your own <br />negligence. <br />d. Kapa Kai Select Insurance, an affiliate of us and a licensed insurance agency, may receive compensation on policies issued <br />by the preferred insurance provider for administrative, brokerage or marketing support. <br />e. If you participate in the insurance programs through our preferred provider, we or a third party may impose a monthly <br />transaction or administrative fee that may be in addition to the insurance charges. <br />f. The insurance required by the Lease is not in lieu of, or in any way a component of, the security deposit required by the <br />Lease. <br />g. You understand that the personal liability insurance coverage set forth in section 7 will only cover you for your own liability <br />for injury, loss or damage caused by you (or, in some cases, your occupants or guests) to others and DOES NOT INCLUDE <br />COVERAGE FOR PERSONAL INJURY OR LOSS OR DAMAGE TO YOU OR YOUR PERSONAL PROPERTY. THE <br />PERSONAL LIABILITY INSURANCE DESCRIBED IN SECTION 7 IS LIMITED IN SCOPE AND MAY NOT FULLY PROTECT <br />YOUR INTERESTS. <br />h. You must refer to actual insurance policy or certificate for a complete description of the coverage, as this Addendum only <br />provides a general summary. If you have an annual renter's insurance policy and decide to switch to the insurance program <br />offered by our preferred provider, please compare the terms of coverage between the two policies, as not all policies are the <br />same and coverage may differ. <br />25 <br />