|
C . r—
<br /> C
<br />� ' �
<br /> . . .. . . � � . �F . � .
<br /> . .. . . . . . . . Z��,. y .
<br /> , � � � . ' . � � , ���
<br /> � �� 7 =813Q
<br /> :.f
<br /> < <; �� ,: U � 1 � � ,
<br /> a � v
<br /> . �
<br /> , syj
<br /> of [he property insured ; (6 ) fire nad extended co�ernge insurance , desLg�a [ !ng
<br /> � rhe mnJority noteholdere ns mortRnp,ee in the palicy , on each hutldinF nn�i its �
<br /> �� rnn � enC9 , and on : any othcr properCy of the MortRagor , othcr than pvver Ilnee
<br /> IV , and oChcr dletribution fncilitica , inciudinF vithouC itmLtntlan property �
<br /> � situated . � t each sCornqe locntion of materinlo nnd . supplies , poles and ' ''
<br /> � cross , nrme , owned by the riortrnRor , havinP n vnluc nC nny one location in
<br /> . � excese of $ 5 , 000 , or in excees of one percent of the totnl piant vnlue , �
<br /> �? whichever is lnrFer , nnd in na nmount ❑at lesa thnn 80 percent of the current
<br /> _ `� cost to r�place the property new , less actual Jeprectntion ; nnd ( 7 ) boiler �
<br /> <ri and machinery insurnnce , if the MortFnqed Property includes elec [ ric generating
<br /> ` � tncilitiea , in nn nmount for cach nccident noC lese than Che nctuul eurrent
<br /> ; r cnsh vnlue of Che properCy of the Mortqaqor nnd oE other ndJneent propecty thet
<br /> L .� could be d�mnged thereby , , ,
<br /> rs � Tlie Mort�ny;or wL11 nlso , £ rom timc to [ imc , incrcnoe or eupplement
<br /> � tiie clnsoes end nmounts ot Insurance specifted nbove to the extent requested
<br /> � hy the maJority noteholders or required to conform to [lie nccepted prnctice
<br /> �� of compnnies of the size nnJ chnrucCer of the ltortFnFor . Tlie Pfor [�aFor r: ill ,
<br /> � upon requent of the mnjority noteholders , submtt to thc mn �orL [y no [choldcra n
<br /> >i echeduie of ita in3urnnce in effect on the dn [ e specified ln auch , request and
<br /> � copies of nny policies or contrncta relating thereto .
<br /> '�
<br /> �
<br /> " `� 11ie Eoregoin� insurunce cavernFe ahall be obtained by mennn oE bond
<br /> '� nnd policy Eorms npproved by rcgulntory nu [horitics , includin� atandnrd REA
<br /> ' .
<br /> i� endorsemr.ats nnd riders uoed by Che inaurnnce industry to provide coverage
<br /> '� fdr REA bocrowcrs , Ench policy or othcr conCrnct for such insurance ehall
<br /> „,�F centain nn nereement by the insurer that , notwithstanJin� nny right of cnn-
<br /> � cellation reserved to euch insurer , such policy or contrnct ehall continue in
<br /> '� force for at lenat 10 dnye nfter written notice to the ma � ority no [eholdera of
<br /> ' �� cnncellntlon .
<br /> an
<br /> 's"� (b ) In the event of dnma �e to or the destruction or loae
<br /> ,;� of � ny portion of Che lforty,nged Property vhich ehall be covered by inaurance ,
<br /> � unleos the mn � ority notchuldera shall othcrwise nFree , [he Ptor [gngor ehntl re -
<br /> � pince or restore such dmm�qed , des [ roycd or lost portion eo [hat the TSartgnged
<br /> Property aLall be in substnntially thc samc condLtion ne Lt vas in prl.or [o
<br /> � such dmm�Fe , deatructlon or loss , nnd shnll npply the proceeds of the inaurance
<br /> ' �� ior thnt purpose . Tt� e P1orCFnRor ahall repiace [he loss or ehrtll cocranence ouch ;�
<br /> ! restorn [ ion promp [ ly nftcr such damnRc , dcstructton or lose shnll havc occurred
<br /> � nnd shnll complete nuch repincement or res [orntlon as expeditioualy ns prac [ i -
<br /> � cnble , nrtd shnll pay or cause to be paid out of [he proceeda of ouch lneurnnce
<br /> ;� nll cosla nod expensea in connection therevith eo thnt such repincement or
<br /> , .`��' res [oration shall bc Eo completed thnt the porCion oE the Mort �aged Property
<br /> �� eo replaced or reetored nhnll be Eree nnd clenr of nll mechartics ' lie�s nnd
<br /> � othr. r claimn .
<br /> ; ,:,�
<br /> '�'+ Sums recovered under nny fideiity bond by [he Mortgngor for n losa
<br /> ' ,; of funds ndvnnced under the notea or recovered by the mnJority noteholders for
<br /> � nny lase under such bond shall , unless othec�:ise directed by the mnjority note -
<br /> :; hoidcre , be npplied ta [he prepayment of the notca ( such prepnyments [o be
<br /> � npplicd to nach notes nnd inotnllmente thercof nm m�y be desiFnn [ed by [he
<br /> �L mnJority ❑oteholJero nt the time oE any such prepaymenC ) , or [o construct or
<br /> � cquirc fncilities npproved by the mi .� ori [y noteholdera , vhich will 6ecome
<br /> `-� parC of thc MortK� ged Froperty .
<br /> .tyf
<br /> �;i
<br /> :�
<br /> � � ^ 8 -
<br /> ' '�
<br /> r ,:.`.j
<br /> .,:�';n �. . . . - � . .
<br /> i.
<br /> +�� Fnrm - Supp . Mt�e .
<br /> ;.-: ..� Rev . 3 / 13
<br /> �
<br /> � �
<br /> � . .k+,� :
<br /> M'*i x + z
<br /> �� � . N �. .�
<br /> ��,, . � �
<br /> ,
<br /> r�� � ,
<br /> (� r` Y .
<br /> 1"w� �
<br /> Nj �i
<br /> 5:_
<br /> `..�1
<br /> �._ . .
<br /> i.:a?J
<br /> '.p2 � � � .. . . . .
<br /> ��:i
<br /> .`f:.
<br /> '. 1
<br />� /�
<br /> E J
<br />
|