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for falluce to collect. or exercise �QSQQ <br />of *, Sat Awards. diligence in the collection <br />E <br />6,S, Colder _Shall be entitled to receive SAY and all <br />Proceeds of all • Insurance or other ram <br />raiwftcaa notation <br />or <br />stat E• asan IM 11! "i that <br />Art0rurcr, or as ba�das atberwisr� <br />required. &W Part thereof, <br />thIsar +affect on_.t tu>! date hvt eof.R. aits�optioaa, vt use the .....906 i6 <br />e im rebuild- or rsstoib, or cause Trustor.to rebuild or restore, <br />that improfiweats on the Mostgt9ed Property. sisilar condition as r` to tb* saw-: or <br />y Pp p previous to the casualty {the • <br />oc,sy : 1 the saws. to the lured Indebtedness in the, <br />and nanny set forth ian on #. <br />astured or to nature in .the; ttuce, and hereof, whether then <br />our expenses in+ru>�red ` iA. connection With theg ollectiba or <br />handling of such proceedls. 1n ;the event that. Rbldtr e2Octs to <br />restoratioon Casualty -this P OCeldai: _ .: to tbs . repat "t; � rebuild s <br />1loatt4a4+1 ', Property.. T <br />deliver or cause to. , tastes <br />Proceeds not hot valred .: i t diair hay. ,C *as *i #r <br />arevihtch d�iivoted:: to .Solder , Plt # such <br />additional aiaounta Mhiclyi will be neseatsa <br />of restore the Host a r* •�s repair* rebuild <br />ds` detesained g ga?d Property (such tddt�ionsl a<4dunts to <br />tv holder). Trustorr- hails iasaediatiXr �o0*0nael tSoCeptable <br />rebuild and restore . tit , <br />Mortgaged Property and shall- repair" <br />Pursue the repairing ;,._ rebuilding and restorat.iaed��o� �ntl <br />Mortgaged Property to. s. condition substantihll <br />i•## condition prior to the Casva,ltr. - Casualty Proceeds hold, by <br />Bolder after the Parmeet., of 41-'C* t.a� -'and. espeaases, ittcurred` in <br />repairing, rebuilding hrnd ra torinq,;: the X►artI81*4.. Property <br />,«hall be applied to tort. uvWSed 1Adibt*&*si. All Casualty <br />Ptaceeds are hereby 4ssi4ned .ta'Holder, and Trugtor shall, aeon <br />ra est of Holder, slake, exec,Ute, aeknowl #dQei and deliver any <br />tOd all • additional assignments and documents as <br />necessary from time to tires to enable Holder to collmar be <br />re ceipt. for any Casualty Proceeds. Holder shell not ect and <br />be, and <br />our circumstances, liable or responsible for failure: -to <br />collect, or esercise diligence in the collection of, .'any <br />Casualty Proceeds. <br />6.6 upon the request of Holder, Trustor shall ere <br />fund or reserve.. for the payment of all insura crest* a <br />nce premiums, <br />taxes and assesal gents against the Mortgaged Property br paying <br />to Holder, or,, at the option of the Holder, to an escrow <br />account at am bank or . Other financial institution of Holders <br />choice, conteasperaneously' With each installment of principal <br />and interest on the note, a sun equal to the premiums that will <br />nest become due Arid parable on the hazard insurance policies <br />covering the Mortgaged _Property, or any part thereof, plus <br />L <br />L <br />U <br />