|
- t:t;��.�r�c!�_- �t� �L �C�� _L.� T� 'T�_�• 5 v,tlc��.._ -.
<br /> .—•'. . _2K�' . _ ,~ . _ '.�"' _ .t� -" -� -- � — - a4—",EP
<br /> .. _ _
<br /> ` _C � E �_ F � �t . �� � 't�• 4� �._. .' 'v �'� . a �s"
<br /> . � �-.i ' �.?- � r.. . . c �'-� � 4':• r. .'E rn . - < u- ' ,�. . F ..
<br /> �y�Ifr. f. �i �. _ u . r'^ �C,. 4 �4?` f �0 }'c-� -4' _
<br /> ' l.-Y ` �._ �4Y � ' G �� ;S " C.-. . - � C.� G V�' 3 , � .... _
<br /> 's.c Y .
<br /> �t ,.. _.�<. F �.q • � �, `� �.y 5 _.f. � R I' i.'
<br /> ,.''4 �1, a_� ' � . ` ` � 9 , t 4',��;;'f . • - ,� '1 <.`
<br /> ' ,y � a '�' �,C : - -'?! .c�.
<br /> _ � .. _ _ � v Y' . �- �� ���. '
<br /> fk �` S ` � i •� ., f � .' r , ��
<br /> �c , .�. . . ::k �i c , -C4 � . : Ls, `� a �;, w'���
<br /> . t -i� �'. y ' _ - t�_ . `:' ' �n 4`
<br /> Y3t-:�4 . ' ---r-'_ -_ �F_ .F`-.s. _ 4_._..._ 4 ' -. . - •-� - _:- -- ' :i' :ti t ``_. '
<br /> - �`..!' � . .. . '`a^ ,..'f. � (-S. Tr ' . ct '1 "
<br /> .F,. �i.. ` � , -�
<br /> e �y . ._ �'_ , _ �..,i.�'= ' 't -s
<br /> `�` • . �. - ,r•.
<br /> ... . �+E�, ,
<br />` C , � , f
<br /> �
<br />_ _:." � r-;_ . . ..,
<br /> ••4`• ��� -M.1"'
<br /> ` �b� ; �
<br /> � :` ,4,.�.:.
<br /> - � iii prdinance or taw coverage to com�se �t�e for the loss to tfie -
<br /> �F r � _
<br /> `� uudainaged partion of the Lnprov�nents,the cost of demolition aud We increased _ ._�
<br /> , : 's�:
<br /> °�•'��:�:: � cost of reconstruction or repaits w comply with current ordinances or taws. -
<br />'��,��.�'�._;.,-.::�+ ° (iv) lf wiadstorm coverage cs exclwded&om the policy r�quired under , . .-
<br /> ° '�� . �'s � clause(?above,Tmsior must provide separafe windswrm insurance in an amount -
<br />. . ��•�, : : —
<br /> �� : ,r�:.;..;_.�S eyual to the lesser of ttce original ptincipat balance of the Loan and the ma�timum
<br /> �` � amountpeimittedby law,if the Trust Pruperty is tocated'm area where Beneficiasy
<br /> . - .,.ti .� n�uiressuch iasurance. Deduca'bleslargerthan$10,000 are snbject w appro�ral by
<br />_ " ` �� Beneficiaiy. By its acceptance hereo� Benefcciary acknowtedg�s that se�Raraie �-
<br />- � ��-�' � windstorm ins�uance s�all not 6e reguired at the inceptian of the transaction . ��:
<br />. `' evidence�d hereby. � _
<br />... �'H'-}�,-. . - � , � _ . , _
<br /> - :::s � �� � � (v� A co�lnpleted val�e, "All Risk" B�aildes's Risk forai or"Cou�se of . � . '
<br />�- . :,'.�� Constructioa"coverage in aort rcportingform may be�uired during any period of, '
<br /> _`,.•, �.�:��
<br /> :.;:;�� ' � constrnction,renovationor alterations of Lnproveinents vatued'u►excess of 10°fo of� . __
<br />�2 ,;�: '�'`' the Loan Amoun� ThB amount of�uch coverage must be approved by Henefciary. ___
<br /> ;� �'.Y.,.. ,,. .'} . , . '__
<br /> , • : •: (b) d''nr�a�etcia Ge eral Li�tyntn�hr�tla LiabilitY. Commercial General
<br /> , �. . � • . _
<br /> `�::: ;. :z. � ..::;;,. Lia6ilityinsu�tce,includiagabroadformcamplehensivegenerall�a6�7i'tyendo:sementand
<br /> " .�; `' `- coverageforbroadfomil�P�Y�ge,�On����es,Pers°�alinjwries(inchiding � ---
<br /> �f�� } • �� deat�resulting t��mn)aaid a liquor liability endorsement i�liq�ur is sald on the Trust
<br /> �``�%�,�:.,i `' � • : property,containingminimwnlimitsperaccurrenceof$1,ODU,OOO.00andgeneiala$g�gate , �
<br />'S.. �'- '.4�.
<br />�:��J;,.:. .. '
<br /> ::::; .. limitsof$2,OOU,UOO,and may include up to$1,000,000 in excess andlos tnnbr�ella Ii�ilitY. :
<br /> .:- �• Claims cover�sliould include all legal liability imposed upon Trustar aad a1t court crosts� .
<br /> _ , . . 'aYe and m�ce af �� . -
<br /> � � : : ;`,�..� _ and attoraeys'f�e incune�in ca�nectionvvith the ovraership,oPeratt �
<br /> • �� the Tnut PropertY• � �
<br />- .- A .
<br /> ;�� . . . �:.:':f (cD �joo�D�p�a�unce. Flood insuraace wilt k�teguired if the Trust Property is .
<br /> `'�.':, ''- ��'�'� � . loceted in a Special Flood Hazerd Area(Zones A ancl�as�desi$nated by t�e Federat _
<br /> . . .�t`��,� ; Em en M e�t Agency("F��"). The flaad insurance r�quirement wiU be .
<br /> ;:,.,��,
<br /> �:'�: . ':�::'�r�;''`K: E wai�if (a)the Trust Property's Improvements are not in the Spe�i��tood Hazard Area � - _-
<br /> yY.'.' ... . i�-.; ' '
<br /> --- � -even though part of the unimpmved r e a l property s�ay l�,or t 6)there is a letter from
<br /> �;I�:: :'� �, � � FEMp stating that its maps liave been amended so that�i�Tmst Froperty�S no longer in a __
<br />�� °. ' � .: � Special Flao� Hazard Area. "I�e sninin►um.�nount oF flood ins�ce re9uired is the•� • . . _-
<br />.�`.�T.' .':� ��: .'` : minimum amount required,uader the terms of vovetage,to compensate for any damaSe or --
<br /> L �• � '� . .t r:.
<br />_ . .. F loss on a replacc�ment basis. The maxi�m�im deductible shall be no more thaa$25,000. By .�.
<br /> ` ' � its acc��ce hereof,Beneficiary aclmowledges that s�sate flood insiu�aace shall not 6e . : __
<br /> '� : ::�f�;`r'� � required at t�e i�ncent�.�n o f the transaction evidenced heieby. . . .
<br /> .'',_
<br /> ��• ��11(i��.' . . . . , ' . F.r�.
<br /> • ".-�I \� . �...._
<br /> (d) �inl.hole. R�ine Snhai�lence u�1 �arLhattake. Shall be obtained and �__,-
<br /> �. ;:� •'. .'��. :�., �' _
<br /> . � maintained if in the opinion of a pro fessional engineer,whose resnme shows evidence of k;:_.:
<br /> �•: :• � his/her experience ia tbis professional area,that there is a fores@eable risk of toss due to this r
<br /> �
<br /> , �., . � �,--:,
<br /> �.�: =�-r-.r- - . � -7• ��:.:
<br /> �. . �=
<br />� . . F�
<br /> .. ..... ..........
<br /> � �� . -=- --
<br /> � -
<br />� �
<br /> !!- . . ,. . . _ .. _
<br /> . . ....
<br /> � `. . . . . . . . . . . . . .
<br />�I, . ' � t. 1, ' - �' . . . �-� .. ' . D - � n.- � - ; ' , . , . ,. .. , .
<br /> � .. � - , u•. . t , ' . ... • - .. _.) ' • _ .i'_'...�._ . F.7 r .. _ . . -,.
<br /> � � _ -- .' � . •. . � '_ . � . - � , �t. �� . .,, 1 ' . '_•�.
<br /> .
<br /> .
<br /> _ .. _ . . . . • .
<br /> �� - ' .r�--�r-� :. ..y - . �._. .0 - �. � _ _ �-
<br /> . .. �._ _
<br /> __._ '.._ .�_" "_ _ ._ .. _:.�_'_ __...'..___ .�..'�.'!^' .�m--�+-�.T ..:.. _ _ _ " __ _ _.__1':_� . . :J•
<br /> �p- .� .._ � _ • � .�. ; , . .- � _ _.- _-_ _ _ _ . .. . . — -
<br /> ' 1
<br />.1RL'R.'....._ �.»-� � . . --. .�i�__—.__.____a_____..e__-. .l. _.-� .JL.,.�_ .u_...._. _.__�..:.. _ '�+_e � - .���_
<br /> �
<br /> __ .'_._.. . . . ---•-• ' ._ "' _.. .- -_' ' _
<br /> . .- . . .. .. . . . . .
<br /> . . . ,. . . � . . � .. . � . ' �. .. � ,
<br /> . .. ' • .- ,; .'-,_ -r
<br /> � "
<br /> 7�T,- .- . _ . . . .i . . ._.
<br />
|