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201002498 of Default, shall have requested Beneficiary in writing to make application of such funds to the payment of such amounts, accompanied by the bills for such taxes, assessments and insurance premiums. Beneficiary shall not be liable for any act or omission taken in goad faith or pursuant to the instruction of any party. 6. Insurance. (a) Grantor shall at all times keep all buildings, improvements, fixtures and articles of personal property owned by Grantor and now or hereafter situated on the Premises insured against loss or damage by fire and such other hazards as may reasonably be required by Beneficiary, including without limitation: (i) all-risk fire and extended coverage insurance, with vandalism and malicious mischief endorsements, far the full replacement value of the Premises, with agreed upon amount and inflation protection endorsements; (ii) if there are tenants under leases at the Premises, rent and rental value or business lass insurance for the same perils described in clause (i) above payable at the rate per month and for the period specified from time to time by Beneficiary; (iii) broad farm boiler and sprinkler damage insurance in an amount reasonably satisfactory to Beneficiary, if and so long as the Premises shall contain a boiler and/or sprinkler system, respectively; (iv) if the Premises are located in a flood hazard area, flood insurance in the maximum amount obtainable up to the amount of the indebtedness hereby secured; and (v) such other insurance as Beneficiary may from time to time require. Grantor also shall at all times maintain comprehensive public liability, property damage and workmen's compensation insurance covering the Premises and any employees thereof, with such limits far personal injury, death and property damage as Beneficiary may require. Grantor shall be the named insured under such policies and Beneficiary shall be identified as an additional insured party. All policies of insurance to be furnished hereunder shall be in forms, with companies, in amounts and with deductibles reasonably satisfactory to Beneficiary, with mortgagee clauses attached to all policies in favor of and in form satisfactory to Beneficiary, including a provision requiring that the coverage evidenced thereby shall not be terminated or modified without thirty (30) days prior written notice to Beneficiary and shall contain endorsements that no act or negligence of the insured or any occupant and no occupancy or use of the Premises far purposes more hazardous than permitted by the terms of the policies will affect the validity or enforceability of such policies as against Beneficiary. Grantor shall deliver all policies, including additional and renewal policies, to Beneficiary, and, in the case of insurance about to expire, shall deliver renewal policies not less than thirty (30) days prior to their respective dates of expiration. Unless Grantor provides Beneficiary evidence of the insurance coverages required hereunder, Beneficiary may purchase insurance at Grantor's expense to cover Beneficiary's interest in the Fremises. The insurance may, but need not, protect Grantor's interest. The coverages that Beneficiary purchases may not pay any claim that Grantor makes or any claim that is made against Grantor in connection with the Premises. Grantor may later cancel any insurance purchased by Beneficiary, but only after providing Beneficiary with evidence that Grantor has obtained insurance as required by this Deed of Trust. If 6