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#Locust Street - Deed of Trust
<br />2013088
<br />(b) Bodily injury, personal injury and property damage liability insurance
<br />against claims for bodily injury, death, personal injury or property damage occurring on,
<br />in or about the Property and the adjoining property, streets, sidewalks and passageways
<br />or by reason of the existence, ownership, use, occupancy or maintenance thereof, in
<br />limits acceptable to Beneficiary, but in no event less than $1,000,000.00 per occurrence
<br />and $1,000,000.00 in the aggregate.
<br />(c) Such other insurance from time to time as Beneficiary may require to
<br />protect the Property in amounts and against other insurable hazards then commonly
<br />obtained in the case of property similar to the Property.
<br />Such insurance shall be written by insurers which are reasonably acceptable to
<br />Beneficiary. Such insurance shall be in form acceptable to Beneficiary, shall include Beneficiary
<br />as an insured party thereunder as its interests may appear, shall be primary and without any right
<br />of contribution as to any other insurance carried by Beneficiary and shall be endorsed to provide
<br />that all terms and conditions, except for limit of liability, shall operate in the same manner as if
<br />there were a separate policy covering each insured. Trustor shall provide to Beneficiary
<br />Certificates of Insurance evidencing the foregoing policies commencing on the date hereof, and
<br />annually thereafter until the Indebtedness has been paid in full.
<br />Every such policy shall contain an agreement by the insurer that it will not cancel such
<br />policy except after thirty (30) days' prior written notice to Beneficiary and that any loss
<br />otherwise payable thereunder shall be payable notwithstanding (a) any act or negligence of
<br />Trustor or Beneficiary which might, absent such agreement, result in a forfeiture of all or a part
<br />of such insurance payment and (b) the occupation or use of the Trust Property for purposes more
<br />hazardous than permitted by the terms of such policy. All insurance shall be written in amounts
<br />sufficient to prevent Trustor from becoming a co- insurer.
<br />Should Trustor fail to effect, maintain or renew any insurance provided for in this
<br />Paragraph, or to pay the premium therefor, or to deliver to Beneficiary proper evidence thereof,
<br />Beneficiary, at its option, but without obligation to do so, may procure such insurance, and any
<br />sums expended by it to procure any such insurance shall be repaid by Trustor together with
<br />interest at the rate provided in the Note within five (5) days after receipt of bills therefor from
<br />Beneficiary.
<br />Trustor and Beneficiary each agree to cooperate with the other, to such extent as such
<br />other party reasonably may require, in connection with the prosecution or defense of any action
<br />or proceeding arising out of, or for the collection of, any insurance moneys that may be due in
<br />the event of any loss or damage, and to execute and deliver to such other party such instruments
<br />as may be required to facilitate the recovery of any insurance moneys, but the costs and expenses
<br />of all such actions and proceedings shall be paid by Trustor.
<br />Trustor agrees to pay, and to indemnify, defend and hold harmless Beneficiary from and
<br />against, any and all liabilities, losses, damages, costs, expenses (including all attorneys' fees and
<br />court costs), claims and demands of any nature whatsoever arising from (a) any injury to, or the
<br />death of, any person or any damage to property on the Property or elsewhere or in any manner
<br />growing out of or connected with the use, non -use, condition, maintenance or occupancy of the
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