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<br /> i.A6 Pa csv P�av�s�Q�s, E�,o. (a) Each paliay • •
<br /> o! in�urancs maintain�d by Traator pur�uant ta saa��on 2.05
<br /> ' sh�li (i) nam� S�n�IIiaiary a�• an additional fn�urad with .
<br /> �c:��Qati �n liability iriaurtinc� �ovesaq�p (�,�) �n�nt.r�i.�n the
<br /> standard nfln-aontribu�ory S�n�t.iaisry alause endoraei�ant in
<br /> tavor o! H�n�ticim�ry with r�spect �o ht�zar� insure�►ae aovor- .
<br /> aqef (iii) nnm� B�n�liciary as loss psysa and prav�.d� that .
<br /> al� ittp�urenae proneede !or loasss with reepect to hazard �
<br /> Sn�urancs coverage shail be �ajusrea and be payablA in
<br /> aaaardanaa wit.h �lsction 1.07 hereof; (iv) fn�lude �PPective
<br /> waiver.s by the ineurer o! all rights o� subrogatlon against
<br /> �ny named insured; (v) exaept in the casa of publia liabi-
<br /> lity insurnnae mnd work�rs� compensatf.on ineuranae, prov�.de
<br /> thati any losses ehali be payable notwithat�ndinq (A) any
<br /> s�t, lailure to aat, negligence of, or viol�tion or breacb '
<br /> of warranties, declarations or conditione contained in auvh '.
<br /> policy by Trustor or Benef�iaiary or any other naruc3ci inat�ed �
<br /> or loes payee, (S) the oacupation or use of the inaure�
<br /> proper�fes for pu�rposes more hazardous than those permitted �
<br /> by the te�.�ns of the policy, (C) any Porec�.esure or other .
<br /> proceeding or notioe of eale relating to the insured . �
<br /> properties or (D) any change in the title to ar ownerahip
<br /> or possession of the insured properties; (vf) provide that
<br /> if all or any part oP such poiicy is cancelled, terminate8
<br /> or expires, the ineurer will qive notice thereof to eaah
<br /> named inaured and loss payee and that no cana�ll.atfon,
<br /> termination, expiration or reduation in amount or materiai
<br /> change in coveraqe �iaereo= sha3.I b� Giiesc�ive urrti2 at
<br /> least t�n (10) days after receipt by each named insuxed and
<br /> ';+�'�;�, loss payse of written notic� theaceoP; and (vii) not be
<br /> "�'� subjeat to a deduatible in excsss of that set gorth in the
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<br /> ' Credit Agreement.
<br /> (b) Truetor shall pay as and when the same be-
<br /> � ' aome due and payable the premiums for all fnsuranae poli-
<br /> � "" ciea that Trustor ia required to maintain hereunder, and
<br /> �' all such policies shall be nonassessable. Trustor will
<br /> ,_ �:f4 deliver to Senefiaiary cancurrently herewith orfginal
<br /> ���;; certificates setting Porth in reasonable detail the terms
<br /> ;r'�J� (including, without limitation, any applicable notice
<br /> F,,;��, requirements) of all insurance palicfes that Trustor �s
<br /> :�.�• �%_,.�i�• `� required to maintain hereunder.
<br /> ��rS �v•F�i��� ��
<br /> '�r,,��.�•yr;i�- (a) Not later than ten (10) days priox to the
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<br /> :.�4,1.�,�1�,�:.,yif expirat3on, t�rmination or cancellation of any insurance
<br /> ��_�s.;ti,r.��_,; policy which Trustor is required to maintain hereunder,
<br /> �:� �.:: Trustor shall obtain a replacement polfcy or policies (or a
<br /> '�-'��`���1��. bindi.ng commitment for suGh replacement policy or poli-
<br /> '�,��• aieaj , which shall be effective no later than the date of
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