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(b) Loss of rent insurance for at least six (6) months;
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<br />(c) Commercial general liability insurance (including coverage for elevators
<br />and escalators, if any, on the Mortgaged Property) on an "occurrence basis" against
<br />claims for "personal injury," including, without limitation, bodily injury, death or
<br />property damage occurring on, in or about the Mortgaged Property and the adjoining
<br />streets, sidewalks and passageways, such insurance to afford immediate minimum
<br />protection to a limit satisfactory to Beneficiary and in no event less than $3,000,000.00
<br />(which may be a combination of a primary insurance policy of not less than
<br />$1,000,000.00 and/or an umbrella policy) with respect to personal injury or death to any
<br />one or more persons or damage to property;
<br />(d) Workers' compensation insurance (including employer's liability
<br />insurance, if required by Beneficiary) for all employees of Trustor, if any, engaged on or
<br />with respect to the Mortgaged Property in such amount as is reasonably satisfactory to
<br />Beneficiary, or, if such limits are established by law, in such amounts;
<br />(e) During the course of any construction or repair of Improvements on the
<br />Property, builder's completed value risk insurance against "all risks of physical loss,"
<br />including collapse and transit coverage, during construction of such improvements, with
<br />deductibles acceptable to Beneficiary, in non - reporting form, covering the total value of
<br />work performed and equipment, supplies and materials furnished;
<br />(f) If requested by Beneficiary, boiler and machinery insurance covering
<br />pressure vessels, air tanks, boilers, machinery, pressure piping, heating, air conditioning
<br />and elevator equipment and escalator equipment, provided the Improvements contain
<br />equipment of such nature, and insurance against loss of occupancy or use arising from
<br />any such breakdown, in such amounts as are reasonably satisfactory to Beneficiary;
<br />(g) Flood insurance shall be maintained at all times during which the Property
<br />is in an area identified as a special flood hazard area pursuant to the National Flood
<br />Insurance Reform Act of 1994 ( "Act "), as amended, or other applicable law, with such
<br />insurance to be in at least the amount as required by the Act; and
<br />(h) Such other insurance, including, without limitation, earthquake insurance,
<br />as may from time to time be required by Beneficiary, in such amounts and against such
<br />hazards and risks, as is commonly obtained by prudent owners of property similar in use
<br />to the Mortgaged Property and located in the same area in which the Property is located.
<br />All polices of insurance required by the terms of this Deed of Trust shall contain an
<br />endorsement or agreement by the insurer that any loss shall be payable in accordance with the
<br />terms of such policy, notwithstanding any act or negligence of Trustor which might otherwise
<br />result in forfeiture of said insurance, and the further agreement of the insurer waiving all rights
<br />of setoff, counterclaim or deductions against Trustor.
<br />Section 1.06. Delivery of Insurance Policies, Payment of Premiums. All polices of
<br />insurance shall be issued by companies and in amounts as required by the provisions of the Loan
<br />Documents and as otherwise satisfactory to Beneficiary. All policies of insurance shall name
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