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<br /> policy limit5 as are custo=nary, from time to ti�e, for property
<br /> similar` in. use and co�iquratfon to the Premises or as Mortqagee
<br /> map from time to time reasonably requir,e., ' �
<br /> • . (v) If all or part of the Premises shall be
<br /> � � leased to or accupied by a person or persons other than Mortgaqor,
<br /> rental value insurance in an amount necessary to provide full
<br /> � coveraqe of nat less than one hundred ten perceat (110�) of one �
<br /> year�s base rental i.ncome for all Leases, t�rhich amout�t shall be
<br /> � revised annually to reflect .any inerease or decrease in such base
<br /> rent�l incoma. - . �
<br /> >�` (vi) At the opt�an of �..�rtgagee, business
<br /> _ . - interrupticm: �i.qsurance witb such pol�;, li.mi.ts as Mortgages, ma.y� , _
<br /> require, fra�t. ;�e to tilae, f�r ���rtY ��1� in use and .
<br /> confignratia�::�t�;.�e Premises or:as 3Y��3a9ee may from time to time - -�
<br /> � , requfre. , .' , �
<br /> � � � (vii) Such other insurance, in such amounts aad � " � . �
<br /> � , � against such x%sks as is cemmonly:obtained, from time to time, in ,._ .. .
<br /> respect of property similar in use and config�ration to the
<br /> Premises aa�. located in the locality wher� the Premises are located
<br /> or as Mor�g�a�ee may from time to time reasonably require or as �s ,
<br /> required in 'fi�ie L�oan Aqreement. . .
<br /> . 1.6.2 Al1 insurance policies required by this � �
<br /> � Section idc� �shall be in fana and issued by co�panies satisfactory . ,._
<br /> C .
<br /> � to Mor�g��a and shall comply with a��. pro�isions of the �oans� :;
<br /> �:�-.. .
<br /> Agreemen�. All insurance policies in res�aect of the co`re�aqes� .
<br /> required by Section i.6. shall contain are endorsement �am�ing
<br /> MortgaqeQ a$ loss payee aiad additiona]. insured, shall be in amounts _
<br /> at least .„su�f ieient t� prevent ce�.nsurance and pll loEach �:j,�
<br /> thereunder shall be payable to Mortgaqee, as sole loss ayee. �
<br /> policy of insurance required under this Section 1.6 shall provide �
<br /> that it may not be cancelled or otherwise terminated without at �� �s
<br /> least thirty (30) days� prior written notice to Mortgagee and sha11 !:�
<br /> permit Ma�tqaqee to pay any premiuia tT��efor within ten (10) clays �
<br /> � after receipt of any notice stat�r�g tt�a� such psemiun� has not been . .
<br /> . . ga�d when due. The policy Q� policies o� such insurance or ,
<br /> cestfficates of insurance evide�.�ing the required coverages sha12 , ,
<br /> � be delivered to Mortgagee. Settleme�at of any claim under any of �.*�
<br /> the insu�aance pelicies referred to in this Section 1.6 shalZ
<br /> require Mortgaqee�s prior written approval. ���
<br /> .-� .
<br /> � 1.6.3 Mortqagor shall not purchase separate � '
<br /> insurance policies concurr.ent i.n torm or contributinq in the event
<br /> a� loss with those policies required to be maintained under this
<br /> �e�t3on 1.6, unless Mortgagee fs fnclucled thereon as a named �
<br /> i.nsured and, if applicable, witb loss payable to Mortqaqee, as sole
<br /> - � � -� � - �� - ---ioss -payee;�-under-a standard-mortgaqee-endorsement.o� .t�e cbaracter ..
<br /> described in Section i.6.2 hereof and the policy evidencing such �
<br /> i-n�surance otherwise complies with the requiremer►ts of Sectfon �
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