Laserfiche WebLink
� . <br /> '� - ----..���._=- : ;__ �-�. - - -�'�."' _ - <br /> :'�"`°' ,.. � j . . , � `,:��:�t=-- <br /> ��i. ---_ -- ----- - ------ _ <br /> � 9�_ �,ag�.�:� _ <br /> , md a�y other swcnurs, or fixwres coaTtiastiag part of the Collateral and any = <br /> feuniwre or c9uipmtnt Purct�s� frana the proceecls of the Series 1996 Bond <br /> iasu�cl agsinu toss or d:mage by fuz and ext�� cov�raga perils to the extent _ <br /> of the fiill insurable value thercaf oa a reptact�unt cust b�sis And in any event _ <br /> in an amount at all timcs noc less than the unpaid principal balance on the Note. _ <br /> (b) TnuWr sball cury or cause W be carried general Uabiliry insurancx <br /> cav�ring t1�e ogcratioa and use of the Collatoral, with limits of not less than <br /> 5750.00�'Per occurrence for bodilY�41wY and 5100,000 far property damage and <br /> shall canY work�ers' compeasstiaa innu�ance (or may self-iosure with the <br /> g�cficiuy's coaseat) as roquind by tbe Statc of Nebraska. <br /> (c) Tn�swr agroes to fumis�h annually a the Bea�ficiary copies of tbe <br /> original policies or a certificate showiag coverage as roquind undu' this <br /> pa�agraph 4 at�d evide�e of payment of the premiums for such insurance. <br /> (d) 'fie insvrance policies t+equirod under this garagraph 4 shall name <br /> tt�e Benaficiary as�n addidonal assured as its iaterest may apQear and anY Po��Y <br /> �ar�d pursvant to�ragnphs (a)s,hall be pay�Ie w the Beneficiazy or any <br /> agent designaud by L6e Bc,aeficiary for su�h pufposes pursuant w a standard <br /> morcgagee's clause; in case of any loss in excess of S5,000, such loss shall be <br /> adjustod only with tHe appmv�l of the Beaeficiary. <br /> (e) Tlse iaau�ers for the policies noquired to be carried under this <br /> paragraph 4 shall be se�octed by TnuWr. With the wriuen consent of tbe <br /> Btaeficiuy. �ustor may cany iawiaace with differrnt li�nits and terms from <br /> those pmvided for in this puagraph 4. <br /> (fl Ttie insurance coverage required w be maintainod under this <br /> P�B�Ph 4 �Y � �u or combiaod policies so long as tbe raquired <br /> Wy�C a�.:�s=�sL�'siv�" ��"w�- .. _._. <br /> 5. Dama¢e or D�4II. If aU or any part of the Collateral shaU be <br /> damaged by aay cause whatsoevcr,Ttuswr sball in4mediauly notify the Benefic�ry and,unless <br /> Trustor has electod to prepaY the Note Pursuant to its pmvisians and Socrios 7.01(a)of tt�e L.oan <br /> Agroemeat, Tn�swr sball promptlY aad with reasonable diligeace proceed W rebuild, repair or <br /> replace tbe saaae 9s nearly as poss�k w the condirion existing immediately prior w daanage, <br /> subjxt to sucl� alterations of the Collawal as Tnuwr may ebct to maic�e as pa�miued in <br /> pat�giaph 7 hereQf aad eacctpt that replacemeat fivaiUu�e or equipmea�t noed not be id�entical to <br /> ��� or oqoi�ment damsgod but shall be of a type suitabk for use by Tn�swr an its <br /> o�aations. All �sura�� pmcee�s recova+ed by zhe Tn�swr or the Beneficiuy shall be <br /> : d�posited ia an escmw accoum with aa esc�+ow bank designated by tbe Bea�ficiuy to be <br /> daignatod ss the "Damage Account" and applied to the payment of the cous of rebuilding. <br /> npair or replx,emant of the Collateral, aad temPorarY trpairs for protxtion of the Collateral <br /> 3 <br /> ----__� - --_— <br />