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. . [.- �.�i.i�c•z�si_.a�..�<,e �.;� eiil a��__s --- - ,�;. - • ., � _ _ ` t. _ .-�Y��4��'�fl �:c�'h!i�'i ��.� �-�y'�C�� _ -- t.,��*:�:^��`iit`'si�S:T��EF,�� }_��• c�x4,.-�- . --- ��,�aa� -- �M -- - - i � . , , ��_"i 100'798 . � a�d liability in�urance described in �Section 9.03 of the Credit Aqareement, together with statutory workers� compensatiort insurance with respect to any work performed on ar about th�s Psoper�y; and such other irz�urance aqai.nst loss cr damage with respect �o thfs Praperty of the kiads from time to time customariiy insured against by persons � � ownfng or using property similar to this Property and in such amonnts as Hene�iciary may reasonably req�ire. 1.06 Policy Provisions, Etc. (a� Each policy of insurance maintained by Trustor pursuant to Secti.on 1.05 shall (ij n�me Beneficiary as an additional insured . with respect ta liability insurance coverage; (fi) contain the standard non-cont�fbutory mortgagee clause endorsement in , favar of �eneficsa�y with respec� ta hazard insnrance � coverage; (iii) name Beneficiary as lass payee and provide � that all instirance proceeds for 3osses with respect to � hazard insurance coverage shall b� a�i�usted and be pa�rable an accordance with Section 1.07 L��r�o�; (iv) fnclude �ffective waivers by the in�urer of al�, rights of subroqa- � � tion against ar�y named insured; (v) exce�s� in the case of � public liability in�ssrance and workers• campensation insur- � �� ance, provide that an�r losses shall be payable notwithstand- inq (A) any act, failure to act, negligenc� �f, or violation or breach of warranties, declarations �r conditions con- tained in such polic�� by Trustor or l3en�ficiary or any other named insured or 2Q�� payee, (B) tT;.e occupation or us� of � � � the insured gragE��es for purposes more haza�ous �1sa�n � . � those permitt� P�� e term� of the poli�y7 (Cj any f�sre- �losure or otPc�;r pra�aeding mr notice of ��le relatiriq to : ' =� the insured properti� or (D) any change in the title to ar • " ownership or posses��on of the insured properties; (vi provide that ff all or any part of sucb policy is cancelled� . -- terminated or expires, the insurer wiLi forthwith give - notice thereof to each named insured and las� payee and that - no cancellatfon, t�rminatfon, exps.r�.tion �r r�auction in - - amount or material change in caw��age t�.�reof shall be ';� effective untfl at least ten (30) days aft�� receipt by ��h — . named fnsured and loss pa�y�� of written nr��ce thereof; �nd �vfi) not be subject to a c�ductible in excess of that set . torth in the Credit �g��ement. � : , ; , . �b) Trustmr sTMCa3L pay as and when the same beaome �` . �ue and payable the pre�ituz� for all insurance polfcfes that . . Mortqagor is requfr�d to maintain �;er�under, and all Buch ��- polfca� shall be naraassessable. �a�astor wfli deliver to � Beneffciary concurrently herewft�. original certfficates eetting forth in reasonable detafl the terms �f.ncludi�gf, without limftatfon, any applfcable anotfce requircrrants� of -7- - �/ r--'_--�—:- � ' . � 1 � � J ti �� _..: � � �