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<br /> �� � � ' 9 b°� �I�'73�'�' �
<br /> ' " ' t • 9ection 1.05. Tns+ ��ae and Caet�liv and Condemnation e�-
<br /> . �,v� a• '
<br /> (a) In accordance with 3ection 1017 of the Indenture, �
<br /> � the Truator shall purchase and maintain in full force and effect =
<br /> � - the €ol loc�ing ineuxan�ce coverage: �
<br /> �
<br /> ' �i) Tnsuranas with respect to the Improvementa and ��
<br /> �`
<br /> ��''": Fixtures against any peril included v�ithin the ,
<br />,.�.: classification "All Rieke of Phyaical Losa�� with extended �'.
<br /> .., coverage in amounts at all timea eufficient to prevent the �::
<br /> : ��.._, �..�_..��.,,.. � �.,-�^o•��e� wi trin thA tFlYrt1R AF the
<br />. -' .•-- it tiC1�.41 Llt/ltl i/G�+VH�i1�y v
<br /> � •� �:;r.? applicable policies, but in any event such insurance ahall =.
<br /> "' `%�i. be maintained in an amount equal to the full insurable value -
<br /> � � of the Improvements and Fixtures lecated an the Properties, -
<br /> ', ��``. ttae term "full insurable value" to mean the actual _
<br />� � �»�: r�placement cost of the Improvements and Fixtures (without
<br />-t[�i-�.�..�b..
<br /> • r taktng into account an� deprec�ation, and exalusive of
<br />--��=�.,:'_,-.;: .
<br /> ..Y.. �- excadatians, fo�t3�ags and foundations, landecaping and _
<br /> -;:��;;�..;" paving) dstermined annually by an insurer or by the Trustor -
<br /> or, at the requ�at of the �eneficiary, by an i.ndependent
<br /> ..�..:�1,:��.;� inaurance broker (subject to the Beneficiary'a reasonable -
<br />_` : `,.y: aPprcval) ;
<br /> _'. N_u: _
<br /> �:�y::;;._ tii) Compreheneive general liability i.nsurance,
<br />�' ����`:;�,.._ '�_ • including bodily injury, death and properCy damage
<br /> `����"��:,"'� liability, and umbrella liability insurance agair�s� any and =
<br /> "�{,��.���f: all c].aime, including all legal liability to the extent
<br /> �.t '4•� insurable impoaed upon the Truetor and all caurt costs and
<br /> „�;.�,,:,,,
<br /> ---:•>:.:«-: � a�torA��B' fsss and sxgsns�s, arie�ng �ut of or cosuiected r
<br /> ..:.�•.,, ,,. -
<br />�"�'��r��'��'�' � with the possession, use, leasing, operation, maiatenance or
<br />`�'`� '�r. candition �£ the Improvementa in suah amounts as are then
<br /> �}`.-� . � cuetvmary for Properties similar in use in the jurisdictions
<br /> ��=�'"Y0�' wtiere such Properties are located but in no event with
<br /> ��-��� limits for each Properties of less thaa $2,000,000 er
<br /> -��'!�'� occurrenae with combined aingle limit coverage for bodily
<br /> -----��=��'� injusy or property damage and exceeo (umbrella) liability
<br />�'"`'�`-�• cc�verage gor each Pr�perty of no less than $15,000,000 per
<br /> -�� occurrancet
<br /> --�� (iii) 3tatutory workera• compeneation iasurance (to
<br /> --� the exteat the risks to b� covered thereby are not a�ready
<br /> --_=-- covered by otheY policies og insurance maintaiaed by the
<br /> --gm� - Truator) , with reapect to any work on or about the _
<br /> - - Propertiesj
<br /> - �-� (iv! Busiaeea interruption andloz loes of "reatal
<br /> �--- value" ineurance on an annual basis in amounte not lese than
<br /> - - the projected gYOae profit of each of the Properties during
<br /> thQ applicable twelve-month period but in no eveat less thari
<br /> ------- - = the amount aeceesary to pay the fixed charges amd other
<br /> -- expensos of owniag, operating and maintaining the Trust
<br /> -_�--==� Estate for the eame periad axid otherarise sufficient to avoid
<br /> ___a any co-insuraaae penalty;
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