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88- 10002t1, r or exceed the amounts and kinds of insurance required by this Deed of Trust and if Mortgagor adds Beneficiary as an additional loss payee to such policies of insurance. In the event that the insurance required by this Section is greater in amount or other- wise exceeds the requirements of the Underlying Lease, Mortgagor shall comply with the requirements of this Deed of Trust. 1.6.2 Subject to the terms of the Underlying Lease, all insurance policies required by Section 1.6.1 shall be in form and issued by companies satisfactory to Beneficiary and shall comply with all provisions of the Loan Agreement. All insurance policies in respect of the coverages required by Section 1.6.1 shall contain an endorsement naming Beneficiary as loss payee and additional insured, shall be in amounts at least suffi- cient to prevent coinsurance and all losses thereunder shall be payable to Beneficiary, as sole loss payee. Each policy of insurance required under Section 1.6.1 shall provide that it may not be cancelled or otherwise terminated without at least thirty (30) days' prior written notice to Beneficiary and such other party as required in the Underlying Lease and shall permit Benefi- ciary to pay any premium therefor wi thin ten (10) days after receipt of any notice stating that such premium has not been paid when due. The policy or poL,cies of such insurance or certifi- cates of insurancE: evidencing the required coverages shall be delivered to Beneficiary. Settlement of any claim under any of the insurance policies referred to in Section 1.6.1, except claims covered by liability insurance, shall require Beneficiary's prior written approval. 1.6.3 Mortgagor shall not purchase separate insurance policies concurrent in form or contributing in the event of loss with those policies required to be maintained under Section 1.6.1, unless Beneficiary is included thereon as a named insured and, if applicable, with loss payable to Beneficiary, as sole loss payee, under a standard mortgagee endorsement of the character described in Section 1.6.2 hereof and the policy evi- dencing such insurance otherwise complies with the requirements of Section 1.6.2. Mortgagor shall immediately notify Beneficiary whenever any such separate insurance policy is obtained and shall promptly deliver to Beneficiary the policy or certificate evidenc- ing such insurance. 1.6.4 Mortgagor shall, immediately upon receipt of any written notice of any failure by Mortgagor to pay any insur- ance premium in respect of any insurance required to be maintained under Section 1.6.1, furnish a copy of such notice to Beneficiary. SECTION 1.7 Failure to Make Certain Payments. If Mortgagor shall fai.l to perform any of the covenants contained in this Deed of Trust, the Underlying Lease or the Loan Agreement, Beneficiary may make advances to perform the same on its behalf, and all sums so advanced shall be included in the Indebtedness and be secured hereby. Mortgagor shall repay on demand all sums so advanced by Beneficiary on,behalf of Mortgagor, with interest at -11- fL L L ,-- -.J (. -e