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<br />.S�F�y .
<br /> - . � 92�.�,0�,58�
<br /> � suoh riaks oovering Lenders' inCerosY, and Horrower will pay
<br /> ail promiuma tliereon prornptly u�on �lernand by Londere, and,
<br /> — until such paymont is made by 1�or,xower., Che amount• of ali
<br /> — auoh promiums, eogether with f.n4:ocost tA�teon ae Ehu rato
<br /> _- providod by �ho Note3s, shail be secur,vd by this Deod o£ TruuL•.
<br /> - 8ot�ovee shall gag aII insutahce premlums prior L•o thoir
<br /> -- - c�u� eat2� �reZ, at Che requast o� a Lendar, delivex prooE
<br /> _.� thsr��f to L,�s�r�ere.
<br /> = Seotion 1,07, Insuranao Proceods. Aftor L•tio 000urrenoo
<br /> ;;� of any casualey �o C o MoKtqagod SsCaCO or any parC L•heraof, --
<br /> - Horrower shall give piompt weltten notioe Yhereof Co iaendera
<br />"`0 and eaah insurer and promptly submi:t a olaim to insurer for
<br />_' payment of ineuranae prooeedss 8orrower ehell provide Ganders
<br />;;;� vi�h a aopy oE suoh olaim. __
<br /> �- (a) ASl prooeede o£ i:neuranae paid or p�eyat�lo r„ ,
<br /> �� under nny insuranoe poliay (the "insueanoe proaeeds") < _
<br /> -- with respeoC to the Mortgaged Eatato eha11 be paid and �:.... =
<br />:::_:3;:: ��:;�.r�s;;:-..
<br /> ,-u;; . applied as set Eorth in &eation 4,3.2 and AuUaoction �`y�,«,.;;;
<br /> - 4,3.2.3 of the I,oan Agreement, provided that any ,�'-�t
<br /> ;- Ineuranae Yroceeds ehall be applied firat L•o the paymonC ��' fsj -r.
<br /> ,--• of all aosts and expens¢s, �E any, inaurred by Lendere j�s��,`
<br /> 'r in obtaining su�h proc�a�s. Sx�ch damaqe or destruaCimi �,%'�Sh .
<br /> _ -, sha11 not affttct iha 13en off tReis Deed of Truse or Che �ti�;a .��
<br /> '` obligations of Fr•arrower hor�ixec�'i.ez, and I.enders aro {��,�.�
<br /> ;r.�+� authorized at Lon�lars' option to �cnn�comiae and sottle ��,.,�;,,s�,
<br /> '�`-;>� �il loss claims on st�i¢a �o3ici�s 1£ ccot fldjusted E:hixrtt=<,a-�`
<br /> y; promptly by Borrower. ��'��r f,� __
<br /> 2�
<br /> (b) Notwithstandiny the <-sgmti�a�ti.on of Insurance ��}�aj
<br /> �`'" Proceec7s to the payment of a pareimze o£ tho Seour.od ,r,'���r`�
<br /> `� Obligations, any unpeid portlon at' t,1e Seaurod ¢ �s ��' "
<br /> Obligations sh�11 remai.n i.n fuZ2 forae and eE£ect, and °���'"'
<br /> �l�� Aorrower shall not be excuseci in the payment therc�o£. �,���; ` .
<br /> n�� If any act or occurr.ence of �y kind or nature on whioh �rl�
<br /> ,._;s, ineurance was not obtained csr abtainable sha11 result in �Si"; .�:
<br /> „ damage to nr locta or d�s tri3c tfan o f t he Mor t gage d , �s�s.
<br /> `• Estate, Borrower ehall yive immediate notice thereo£ L•o ` 1 ��' ` "
<br /> �� Lendera and, unlese oCherwise so inatxuoted by Lendecs, 1'y �,.
<br /> ;, shall promptly, at Borrower's eole cost and expense, � ;
<br /> �!� whether or not the Insuranee Praceeds are adequate eo f;� , a" :
<br /> ''� oover suah coeC and oxpenae, restore, repair, replace �`�ti''
<br /> ��i; and rebuild the Mortgaged Estato as nearly as possible '� f�`;,";:
<br /> nC.�� �O �$6 VAxUO� condition and characCer immediately prior �ti I
<br /> ,�ii� to such damago, ]oss or destruction, in accordance wieli `� > �� ;
<br /> �` plana and specifications su2�mitted to and approved by � '
<br /> Lendere. Y � + , -
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