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- 10 - 2014004)( (ii) Comprehensive commercial general liability insurance, including broad form property damage, blanket contractual and personal injuries (including death resulting therefrom) coverages, written on an "occurrence basis" with minimum combined single limit coverage of not less than $5,000,000 per occurrence for bodily injury and for property damage arising out of the Mortgaged Property. (iii) Insurance covering the major components of the central heating, air conditioning and ventilating systems, boilers, other pressure vessels, sprinkler systems, high pressure piping and machinery, elevators and escalators, if any, and other similar equipment installed in or on the Improvements, in an amount equal to one hundred percent (100 %) of the full replacement cost of the Improvements which policies shall insure against physical damage to and loss of occupancy and use of the Improvements arising out of an accident or breakdown covered thereunder. (iv) During the period of any construction on the Premises or renovation or alteration of the Improvements, a so -called "Builder's All -Risk Completed Value" or "Course of Construction" insurance policy in completed value form for any Improvements under construction, renovation or alteration covering all physical loss. (v) Loss of rents or loss of business income insurance in amounts sufficient to compensate Borrower for all Rents during a period of not less than one (1) year in which the Mortgaged Property may be damaged or destroyed, provided that Borrower shall not be required to obtain or maintain the insurance described in this paragraph 3 (b)(v) so long as the Lease is in effect and no Lease Default (as defined in paragraph 21(p) hereof) shall have occurred and be continuing). (vi) Such other insurance as may from time to time be reasonably and customarily required by Lender in order to protect its interests in the Mortgaged Property. (c) All Policies (i) shall be issued by an insurer satisfactory to Lender in its sole discretion and having a credit rating no less than: (A) "A -" or better by A.M. Best, (B) "A -" or better by Standard & Poor's Ratings Services, a division of The McGraw -Hill Companies, Inc. ( "Standard & Poor's ") and (C) "A2" or better by Moody's Investors Service, Inc. ( "Moody's "), (ii) shall contain the standard New York mortgagee or equivalent non - contribution clause naming Lender as the person to which all payments made by such insurance company shall be paid and assuring continuance of coverage notwithstanding foreclosure and change of title to the Mortgaged Property or use of the Mortgaged Property for a more hazardous purpose, (iii) shall be maintained throughout the term of this Security Instrument without cost to Lender, (iv) shall be evidenced by a memorandum of insurance which shall be delivered to Lender, unless a copy of such memorandum of insurance is available without charge on the internet and Borrower or Lessee provides Lender with the internet address and password for accessing the memorandum, (v) shall contain such provisions as Lender deems reasonably necessary or desirable to protect its interest including, without limitation, endorsements providing that neither Borrower, Lender nor any other party shall be a co- insurer under said Policies and that Lessee or the insurer shall endeavor to provide to Lender at least thirty (30) days prior written notice of any cancellation (unless mandatory provisions of law