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<br /> � o! th� swwv�0 lt� �t Droqrty �hall b� appli�d only nq�in�t !A� co�! o[ aopui�ition �nd
<br /> ' � r�Yy in�tall�tioa o! tlw Rub�titut�0 ityu. Notbin0 1�syin cont�in�A�hali D� ao�uttv�G to
<br /> � ;,�,,. pr�v�u! any t�nant or �ubt�nea! tso� r��ovin4 Ira� !h� Pr�wi��s trad� Lixtusa, iuraitur�
<br /> rt• aaA puiy�mt Sn�t�11�Q by it anA i�ovat+l� bp t�nant unU�s ito tar� of ttw laa��, ow tho �- �
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<br /> -- -+-�°_•.�_r.�. any md ell de�ana to th� Pce�i�a� r��ultla9 lrow or aaused by th� rw�ova� tlNr�oi. _
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<br /> ._ .,.p:. .. 11ATICLE 5 --
<br /> _- =a_�r:�;s-�t��ei`•i:.. �PPLICl1TION OF INSURANCE 11tiD Aii11RD3 --
<br /> `�,'�_i5� �c�,:_ ,
<br /> •;�:,, SDCTION 5.1 DAM11t3E OR DE&TRUCTION OP TE� PR@lI3E3. fie Truttos rill pivo the �;,,,�,�
<br /> - --- � _
<br /> `�' B�w[ialary Dro�Pt uuotica o!anp da�n4e to or deatruction o! tAo Preaia�e, aad ip cu� ot �''�—"--�
<br /> .� �.�`�t.o..,... �. •,
<br /> ',�e���• losa cov�rM by polialea oF �n�+iranca, tdo Benefiaiary lxheth�r beFose or aftar
<br /> _�a..,L`..._ .
<br /> £ur�oloaur� �al�) la lwrabY authorised a�t ib optioa to aettU aad adjwt anp olal� W
<br /> _ -- �.�� ''�°;-- ari�ing ou! ot �uch polici�s ana coll�at and raceipt for tAe proce�da paYabl� tMreta'osr
<br /> _ y '='S�''p;•'�````` " � providad, that tha Trustor my ibeli aQjwt anA collect far enp losoas aripiaq out of a � �
<br /> '-'�� � t•�:.� •iaqla ocaursatca aqqreqatin9 not in oxceas of Flve Thousend aad 00/100 Dollars
<br /> , .
<br /> ;,,�;� (gg,ppp.pp), My axpense lucvrsad by the Benaficiarp ia the adjurtaent and collaction oi o
<br /> F'-':" .���^^ , inaurance yraceeCe (includinq tha cost oF any ladapu►deat aypraienl oF tde loso or Maaqe --�--
<br /> on behalf of the Beneficiary) ahall be reioburaed to the BenaEiciary fl.ret out of any
<br /> ���! • procaeds. Tbe proca�ds or aay part thereo� shall ba ayp11aA to reduction of the �„���_
<br /> '' �*h'. ' InBabtedness S�curad Hereby then aoat remotely to ba paid, whattwr Que or aot, witbout tha _ __.,____
<br />� � � . ' application oE any prepaYwnt premiva, or to the reatoratioa or repair of tha Praeieas,
<br /> � _�-ti:. . .���_� � the choice oY ayplicatioq to be solely at the discretion o£ tde Beneficiary. IL tha e��!! ;:;y
<br />�+�..� •: • . ,. • Beneflciary applias the proc�eda to a raduation of tde IndabteQaisa Secured Hareby, th� �.'�`^`°'�:.-'
<br /> a
<br /> "+ :i�t.�.,�: -,_ monthlY luatallaeAt psynenta of priacipal and interest set forth in the Note ahall be
<br /> �,,, —
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