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<br />` A. To pra�ure , : deliver to , nnd mnintain. far the benefit of Che Mortgagee � `, ' ' ' < < ' "� ��
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<br /> during Che life of: ; Chis mortguge, originul policies and renewals there- t ' � t,ry ;�r+ '
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<br /> . S ' y . ;r t. rv.'1 € 4?`
<br /> ' of , "delivered at least ten . ( 10) daya before the. expiration of any sucit : ;; � ; . ,� = n �� ;
<br />' policies , insuring ugainst ' fire and other 3nsurable h�zards ; casualitics , ., , ,, , , , `
<br /> 4 and contingencies ns Che Plortgagee may require , ,` in an �mount equul to the : ; . �, '� �F `� "
<br /> loun % balance, or far : not less than , l00X oE Che full replacement . vulue of � " ; � � }` "+ `� r � ,
<br /> Che im rovements whichever is ' ' '` 'tr :
<br /> , p , greater , . us eatablished : by a competent. ; � . , t� .
<br /> insurunce `appraiser . The policy 3s to contuin a mortgnge (lose , payuble) : � ` .�� r ,; : ; ` � � � '„
<br /> clause in '.favor of ; Firs[: Federal .: Comprehensive �general ;public ,'liubility ; " � � � +�, r^` � r� `
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<br /> , � , insurance will ulso be obtained ; ; in . a company accepCable _ to First . Federal , f • - il , ;,ti a � , ,
<br /> a : For an amount not less than $ 100 ; 000 for any one : person , $300 ,000 for any { � � + ' � ,,;
<br /> single accident , . or $50 , 000 for property,. damage .from claims nrising from � ; t ,�' , �� � :
<br /> any;- accident or. occurrence : in or: upon the subject property : . Husinese : s = ' :' , ,, ,:' ' } ';
<br /> interrupEion insurance (or rent loss insurance ; whichever is appropriuCe) . - + : ` , j �Lr� �'
<br /> equal to .SDZ of tlie businesa interrnption ; value , ; ns esta6lished : by u compe- 4 ,:, _ _�� "
<br /> tent insurance nppraiser , : shall also be carried Ehroughout Che Eerm of :the . � ;, , ", � > � .' ' � r,;
<br /> � - ' ' loanc In the event'i. any -policy. is- not. renewed on : or . before ten dnys of.' iCs. . ' ' � 4� � , % � ^�,;
<br /> expiration, ' . the Mortgugee=may _ procure insurance : on the : improvements , pay tlie �, " ' ` �'� � , , � � ;�,�
<br />� premium. therefor , und : such. sum shull become . immediately :due und paynble :with . ; : ; f y ` ; , r{ <�.t ;
<br /> interest at Che rate set forth in . said Note unCil paid and_ shull':.be secured . . - � ; � ��r „ , ;
<br /> , ' by, this mortgage. . Failure'- on the : part of ;,the . Diortgagor ` to furniah such < renewals : ' , u ''�4f � :'
<br />, :' us � are herein required :or: failure to pay; any sums udvanced hereunder. shull , � � A + > > ' , r.'����', .��:
<br /> - ut: .Che option of;, the Mortgagee , . constituCe a defuult undcr , the terms oi; this -- � � ' '';`°' ';--;
<br /> mortgage . . Tl�e delivery of such policiesrshall , in the event of defuult, con- � , _ ,;'
<br /> . stitute am nssignment of7the unenrned : premium. ', > � ; , '
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