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88- 10002~ r forthwi th, upon demand, either deposit with Beneficiary a sum that, when added to such funds then on deposit, is sufficient to make such payment in full, or, if Beneficiary has applied funds on deposi t on account of such contested obligations, restore such deposi t to an amount sat~ sfactory to Beneficiary. Beneficiary may, but shall not be required to, pay such deficiency in said deposit for contested obligations and interest and penalties thereon and such other sums as may be necessary in the judgment of the Beneficiary to obtain the release and discharge of such contested obligations; and any amount expended by Beneficiary in so doing shall be so much additional Indebtedness bearing interest at the Default Rate until paid. In any event, Mortgagor shall cause the contested obligations to be fully satisfied and dis- charged immediately upon final determination of the contest and prior to the time that any sale, forfeiture or demolition of all or any part of the Mortgaged Property could result. 1.4.6 Mortgagor shall not in its use and occupancy of the Premises (including, without limitation, in the making of any II Al terations II (as hereinafter defined)) take any action that would be the basis for termination, revocation or denial of any insurance coverage required to be maintained under this Deed of Trust, the Loan Agreement or the Underlying Lease or that would be the basis for a successful defense to any claim under any insur- ance policy maintained in respect of the Premises. 1.4.7 Mortgagor shall, immediately upon receipt of any written notice regarding any fai lure by Mortgagor to payor discharge any of the obligations described in Section 1.4.1, 1.4.3, 1.4.4 or 1.4.6, furnish a copy cf such notice to Beneficiary. SECTION 1. 5 Payment of Certain Taxes. I f the United States, the state in which the Land is located or any political subdivision thereof shall levy, assess or charge any tax, imposi- tion or assessment upon this Deed of Trust, the Loan Agreement or any other document relating to the Loan or the interest of Benefi- ciary in the Mortgaged Property, other than income taxes levied or assessed upon Beneficiary, lViortgagor shall pay all such taxes, assessments and impositions to, for, or on account of Beneficiary, when due and payable and shall furni sh to Beneficiary, proof of such payment satisfactory to Beneficiary. SECTION 1.6 Required Insurance Policies. 1.6.1 Mortgagor shall keep and maintain the following insurance coverages in respect of the Improvements and Personal Property: (i) Fire, theft and physical hazard insurance on an "all risk" basis covering fire and extended coverage includ- ing malicious mischief and vandalism, in an amount equal to the full rep::'acement cost of the Improvements and Personal Property. "Full replacement costll means the cost to replace the Improvements -9- L L L -.J L:.:::_:~ l.c.--_:_ .........i.........'...;:;.~I:.f...:.-i.. .-:J~ ~t . \~~ l' ~~- f-' ,~ ,'11 - .. j:;:~ !"'53 l~~o ....---- , C --1