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� I � � I f 90� iaosso 3. Inaurance and Bonds . Grantor shall purchase and maintain ineurance as aet ort e ow. (a) Financ�.al Standin . All polic iea shall be issued through an insuror cenae o o husinesa in the State of Nebraska and liated in "Beat' s Inaurance Key Rating Guide" as publiahed by A1€red M. Best Company and rated at least A, Clasa X. . (b) General Conditians. All policies and boada shall provide for th r y ays no ice of cancellation to Beneficiary. (c) General Liability. A policy of comprehensive general liability insurance w t m ts of liability of not less than 1 million combined single limit for bodily inj ury and property damage. In addition, the policy shall contain the following coveragea, terms and conditions : (1) coverage for the standard delineated hazards of the Premises Operations, Independent Contractars and Producta/Completea Operatione ; (2) broad form property damage; personal in�ury; � employees as additional insureda; contractual liability and � fire/explosion legal liability coverages i . (al pr�^�r*_� Ir.�•.:r�n�s. srsr.�c: ahs3? gLrzhwa� ��r� i- -� maintain property naurance on t e Property in the amount reasonably � - requested by the beneficiary but in no instance lesa than the amount � of any current indebtedneas on the laan documents. This insurance • - sha1l ir►clude the interest of any contractor, subcontractor and � _ sub-subcontractor and shall insure against the perils of fire, �-- extended coverage, vandalism, earthquake and malicious mischief. '; - The policy shall also include a Lender' 8 loss payable endorsement. - In the event the Loan is aecured by property which is located in a special flood hazard area, as designated by the Department of Housing and Urban Development, or other governmental agency, flood ;� insurance must be obtained in an amount equal to the replacement :�:. cost of the buildings and improvementa or the maximum amount of ��. flood insurance available, whichever is less . ,:et_ (e) Other Insurance. Such other insurance on the Property �� or any replacemen s or su s tutions thereof, or additions thereto, : and in such amounts as may from time to time be reasonably required by Beneficiary, against other inaurable hazards or casualties which at the time are commonly insured against in the case of property similarly situated, due regard being given to the heighta and type of buildings, their construction, location, use and occupancy, or any rep�.acements or substitutions th�refar or adaitions thereto. 7 � � � J � d , �� ;� . � _ L� �