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<br /> i�i�y°�:'_�. " :.:�_----__--. -- ---
<br /> 98-sc�s�2
<br /> prao�ads�thereof reoehred by Borrcwer ta t�applie�d by it to the discha�ge of the liabllit�r
<br /> an acxaunt of which auch Inaurance proceeds aro received;
<br /> (g) �surenoe Policies, Depoait wi'ih Ba�neflciary all palialea af
<br /> i�auranca carried by BoRawer from time to tlme pu�suant to the p�lin�
<br /> subparegrapha, except pollcies of wQrke�'s compensation aa�d employees and pukr�
<br /> li�bility inauranoe,. and as to auch 1��ler t�pes of �oJ,�c�as a�aP, depasited, fumr�� t�a
<br /> Beneflclary, wlae��c+er req�.aesl�ed ka� � a►��d at Neast a�►�a�n:eeaR�G� a statem�nt swom t� b�
<br /> Borroweir �6�Sr� aq inaumnce of s� ty�es ca�rued R�y ik� pivin9 the namea of 'the�
<br /> insurers arod the�aoe arraunte, typas and�xpir�tion date�s of aM such policies;
<br /> (h) �minent Dom�. No�vithstandi�ng a��v taking under the pow+ar�
<br /> eminer�t d�nain, a�teration of the grede of any strec�tc� o�other injury to or decroash in �,._
<br /> value of the Praperty by any public or quasi�p�afa(� �ut�eority or oorporatbn, the , ,
<br /> Borrower shall aonxinue to pay the Indebtedneas secured��in:P��►in aocorda�ce w�th the �
<br /> terma o!t�e Note �n�af any promissary nota or notes ther� ���ridencl�9 the same� �rod ,,�.
<br /> any reduction in the principal sum resu�ing from the applit�ion �y the Denei�a�i �f .
<br /> auch awen! or payrnent as hereinaftar set forth shall be deemed ta take effect ony
<br /> upon the rec:eipt by tha Beneficiary of such award. The Bo�tnwer h�eroby assiyns the
<br /> an�re nrooeeds of any awa�d or �a��nt to the Benelic�i��•3y�, In the event af su�h
<br /> , takin�� $uch procesds shaN !ae epplied first towa�l r�iRn.�'n��rrsament of aN oosts i�nd
<br /> � �exper�����af the Benefidary in ��ollec�ting said proce��la an�;��en toward payment of the .
<br /> .� . s�ebtedness secured hereby� or any portion thereof. wtn�ther or not then due or �
<br /> �+ayabie,or the���neficiary at ita aption�rr��y apply said p%o��zls� or any pa�t thereofo�9�r., � �
<br /> the alteration, �estvration ar nebuiWing o� the Impmvemi�?n�t. No such applic:atio+it ����. � . _
<br /> ' proceeda by the Be�efldary towand payment of U�r.�lr��ebtedneas secured heroby stu� .�':" ��
<br /> reduoe the amount of the ins#allment payment�s �rr�c;�irad to be made an the Note in
<br /> accoMar�oe with its t$m�s; • �. � , .
<br /> (i) pa�tnershin ot Coro ��te^,,,,���s�t�enc�. Preserve end keep in �tull ,
<br /> force and efFect its existenoe, rights and�frenchl�� :�nd compiy with all Isws appik�ble �• ;:,•
<br /> • to it, provided that the 8orrower may�a��tin�on or�te�ninate a�ny right or frarwhbe in any �-�,', .,�-
<br /> �tate other than �t�at of its formatio►� �jff �s� abandonmen4�ro�r,termination wiil na�1b�e• .,�;,;'�;��-;�,;, ,•:t
<br /> ��, .,�isadva�tageous'ta ihe Benaficiary in any material respect; �� � � .
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<br /> ,: �, . „ .��' .�j�; � � '�Jotiflc�fii2n af �_etc. � �'romptty �after obtaining knowiecl�e
<br /> '�e'r�i��,,�r��tifjl tN�,e '�'rustee and the Beneficiary of any defauk hereunder nr under the
<br /> � LeaSei'�ur of any at�Ion or pmoeeding materially ar�d �dversely aifacting the Property or
<br /> any I.essee under the Lea�,�; ',
<br /> (k) At� i , P'��r��rit the Beneficiary� or its autt�r�ed
<br /> representatives���m.1'er u�pon and ins�a�.�t the Praperty at all reasonable times; . ,
<br /> . � ,, , .,
<br /> (�a ` � azav���v��s W st . Borra�+r�.r�reby represents and warrant�th�i,t��,: '. �
<br /> ne�their�e Bo�,�r,c,����r�r nor, tothe best I�rr�z�ectg�`���f'�he Borrower�any other per$ar�-lh�s• :.��,...
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