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<br /> �. ' ` � SECTIO� 3.0T. ' In��anee: �*toration af Dasef��llartYa�ed �� � �=- --
<br /> ° . � p�y: �j�e� �p �1rt�agor �rfl� at a1.1 ti�es et it� ova e�cpeass �i�tsin. - <
<br /> --- , - vii3t a £i�ially sa�d�d ie�2� i�ez;-propeaty aad eas�a�t� , °'' ` r _ � T
<br /> - - -- ' °iasar�e (i�eliidims �i.deZf�jr b�ds) vith uspect tQ its properties and ' .
<br /> -{= ` : • bas�ss sgainst �ach casoslties aad �onefaaaacies`of such t�pes an� in sueh '
<br /> aaoudts as tbe l�ortgase� reasonablp deta�aines is c�sto�asy ia the case o£ any• .
<br /> - --_ ` . �aattty +o�f.estab�.tsba��s9epatation en�ied�n tls��saa� or a•si�ar bv�iaiess a�t •
<br /> °-` � ovniria�sR�flsr praper�es: The.l�ortsa�ot �fll eayse ��e, Isart�agae to be �a�ed � `,
<br /> - � � as a co•itssured s�n all sueh insu�c�e po�i+�ies. 1be �t�r:iril'�: upon � . �
<br /> =�-�. - � x+�qaest af ti�e l�artg�igEe, �sabait t schednle of`fta insurance ip effect an the � . � � .
<br /> �}� , � data �pecified in'sucfl request.nad sLsl.l. i� so directed�by the Martaagee, •� �
<br />���� sub�it a certifica�e`of its insurufce cave�ages: 7f�the Kortgagor sh�ll at
<br />-��� `aay tie[e fail ar refuse to tak� out or �aintafn insurance or ta uake changes � . :
<br />--- 3n respect tlieteof upoa aPPxoFrisfe request bq th� lWttgagee. tha lWrtgagea • � ,
<br />�•� � . . •' sry.take c�ut Auct� insurance oa behsl€ sud`fn,tbe 'srese of the 2tartga8or, and -
<br />-:;�`' ' � ` t,tee !la�agar vill PaY the cost,ther+ea�.� �.
<br />_,. _ - . . . , - -
<br /> - • � - �(bj In ehe event of dasaae�to or the destruc�ioa,or loss of any �
<br /> - portion of ttte Kortgag�ed Property ifiieh ahsl.l ba caverad bg insuraaca. ualess « __
<br />� • ••.�-=_.=.�:::= the �Sort shal2 othe=vise ee. the !lost � or shaYl te lace or reszore �`'�-
<br /> �r-.rs`r��- s.:-.,.a.•-� SaB� � 8 8 P _-
<br /> t,�-:��=y�,- ��•'_ sac3� daas d, destr d or lost ostioa so that the Iiort a ed Pro r sha12 '�_='
<br />- Be. � P 8 g P� tY �.•�--� --
<br /> _ _ -. r,. -� -- be"in substantially tbe saae conditiaa as it vas �n prior-to suc��amage. - � _
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<br /> _-:�;... . . desttisction or loss. and shall apply the proceeds of the insuraiice for that . ��-``"�'
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<br /> - _ . purpose: The tsongagar shall replace tDe loss or shall co�eace such .
<br /> - `� °��' �. - ' restoratioa pro�tly after sucb�danage,. destruction or los$ shall have � �:�:=•�
<br /> -. ;. - � m�y-"�::_
<br /> ';_:u:``..` occurred aad shall camplete such repZacement or restoration as expeditiously �?«.�.,•-=�,'
<br /> `:�='�..•=:�;- ='�:', as practicable, and shall pay or cause to be paid o�}t of the proceeds of sac�h ��_=
<br /> -• ,�:•e•� _�._ . . :�ir�.—�=-
<br /> , ' insurance alI costs and expenses in'conaectiari therewith so that such �_T�_:.:
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<br /> �.�s-,�_.,_ � zeplueseats�oz restozatioa sball be so eospleted tbat the portion of the , �s-�:,_-_
<br /> -: �- ltortgaged Yrapertq so replaced or restored sliall be fYee aad clear of aIl � ��-:-
<br /> _ . - • sechanies' lien� and other elaiss. , � �;-=,�,--�:--
<br />` � , . � � '` SECTION 3.08. �lortgagee's Itigl�t to Exoend Koney to Proteet •
<br /> ' ' Kort�a�ed PropertTr: ia the event of the failure of the tiortgagor in any • ' � '
<br /> � , ; .' � . .� respect to comply vi.th the covenants and eonditions herein contained witb ��, . _
<br /> � . respect to the procuring o£ insurance. the payaent of taxes, assessmer�ts and -
<br /> '`i ' • . other aharges. the keeping of the Martgaged Propetty in repair and free of � . �
<br /> '� , - ' � • liens sud other claims or to comply with as�r othet covenam contaiaed�in this . � j � . � : .
<br /> ... � : . Kortga8e, I�ortgagee shall have the right (vithout prejudice to any, other . s`--_ - . .
<br /> �_ � ,: rights arising by reasor of sucb default) to advance or expend moneys for the , �_ ., � ,�!
<br /> ' � � . purpose of procuring�811Ct1 �liSUlSACB� or for the payment of insusance premiums; � � • -
<br /> : ' _ ' taxes. assessnents or other�charges� or to save the Mottgaged Properry from � �
<br />., � , � . sale or farfeiture for any wipaid tax or assess�t. o� othezwise, or to ' ,�
<br /> . -. ..-' .. Yedees the sane from aay tax or otber sale.'or ta purchase aAy ta�c tit2e �.. � ." � �=
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<br /> � thereon,.or to remove or puschase aay mechaaics' liens or other encumbraace ' . � � .�'
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<br /> `*�}� " � thereon, or to aake repaiss thereon or to comply with"any other covenant � �:
<br /> � ` . hesein �ontained os to prosecute os defend any sutt.in relation to the � • �
<br /> ',�° , 1�lortgaged Ysoperty Qs ia any manner to pYOtect the i{ortgaged Property and tho � ' � ,
<br /> . • . . - - -- tiele theseto, and,.all sums so advasiaed for any of the aforesaid purposes with
<br />�. : ; . ,�. . ieterest thereon at the rate applicable to loans'made by the Mortgagee to � � ,.
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