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<br /> � . Fils No. 958 e.--�.-
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<br /> {.�.. x.0498 gg-- 1cso�� �=�.:
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<br /> • �j (d) to allow Beneficiary to inapect the Property at all timea N=
<br /> �, ' during constructionj and ��''`
<br /> . � �
<br /> (e) to replace any work or materials uneatisfactory to ���.,
<br /> '�°'�''�'����� Beneficiary, within fifteen (15) days after written notice from _
<br /> Beneficiary of auch fact, which notice may be given to Trustor by
<br />. �,, r registered or certified mail, asnt to ita last known addreas, or by ___
<br /> `;�� personal aervice of the eame.
<br /> �y- .
<br /> �` ' a Truator ahall: (i) keep
<br /> " L Section 1.OA. �ri�Onn...r�.�Q�Repa r A terat�,4�1,. ___
<br /> � the Mortgaged Property in good condition and repaiz, sub�ect to reasonable and
<br /> ordinary vrear and tearj not remove, demoliah or aubstantially alter (excepo�e�he
<br /> altarations as may be required by lawe, ordinances or r�gulations) anY
<br /> ' Improvementat (ii) complete promptly and in good and workinanlik� manner an.y
<br /> .' building or other impxovament which may be conatructed on the Property and
<br /> ' promptly reatore in like manner any Tmprovement which may be damaaedWhen due�all
<br /> ehereon, subject to tha provieiona of Section 1.07, and t� i i) comply with
<br /> '" claima for labor performed and materiale furnished therefor;
<br /> al.l lawe, ordinances, regulatione, covenanta, condiaTt tihereof Sorirequiring anY
<br />:. , ,-.�� h�reafter affecting the Mortgaged Property, or any P
<br /> alteratlone or improvementat not to commit or pernit any wastY �deetaidowalke,
<br /> of xhe Mortgaged Propertyt (ivI kaep and maintain abutting g
<br /> ' roada, parkiag and landscape ar.eas in good and neat order and repairj (v) comply
<br />� � with the proviaione of any lease, if thie Deed of Trust ia on a leaseholdt a�d
<br /> � , (�vi) no� comm�olation of any aw� ordinance or reyulat onr upon the Mortgaged
<br /> .. • Property in v
<br />_ ' Section 1.05. o-^�•+"•� =risuranai. :zY:��or °hz�?. Provide, maintain and
<br /> `� , k.eep at all times in force the following policiea of insurance:
<br /> ;_'��;�`� � (a) Insurance upon all Improvementa and Pereonal Property against
<br /> ;;_ .,:�•' loea or damage by fire, lightning and other risks customarily covered by
<br />'�,�.��-;��. ,�:' atandard "all risk" and extended covered endoraemants, together with
<br /> ���;t� theft, vandaliam, malicioue mischief, collapse, replacement cost, agreed
<br /> - • • } amount and reator.ation in conformance with applicable laws and ordinances,
<br /> - „ ,',Y:� all in euch amaunte as may ba from time tv time required by Benefic3ary.
<br />,:�,�,., _ , but, in no event, lesa than the full replacement coat of the Improvementa
<br /> ., :��� now existing or hereafter erected or placed upon the Property, including
<br /> I event� in an amount not 1 er�, than the fullPunpaidlbalancetsecured, by ths
<br /> , -.'. .�� , ,
<br /> •�'' Deed of Trust j
<br /> �,
<br />_ � , ' (b) Loae o£ rent inaurance for at least six (6) months;
<br /> �.:
<br />' . ., (�� Commercial general liability inaurance (i eauProgert )raon£an
<br /> ±-•r�-•- -� elevatora and escalators, if any, on the Mort9ag p, including,
<br /> � � ��occurr.ence basis" againat claims for personal injury,
<br /> • • 3� without limitation, bodily injury, death or property damage occurring on,
<br /> � in or about the Mortgaged Praperty and the adjoining streeta, sidewalks
<br /> 1 and passageways, auch insurance Co afford immediate minimum protection to
<br /> .� a limit satiafactory to Beneficiary and in no evenC leas than
<br /> �;�Y $i,000,000.00 with respect to personal in�ury or death to any ona or more
<br /> . i peraons or damage to property;
<br />' ; (d) Workera' compensaCion insurance lincluding employer's
<br /> � liability insurance, if required by Beneficiary) for all employees oE
<br /> ` Trustor engaged on or with respect to the Mortgaged Property in such
<br /> amount as ie sattsfacCory Co Beneficiary, or, if such limitis are
<br /> esCabliahed by law, in such amounta;
<br /> (e) During the course of any construction or repair oE
<br /> .���o.-o� value risk insurance
<br /> � Improvemente on the Propercy, i�uiiu�ri's �%•••r----` collapse and transit
<br /> againat "all risks of physical losa, includin9
<br /> 1 coverage, during construction of such Improvements, with deductibles
<br /> acceptable to Beneficiary, in non-reporting form, covering the total value
<br /> 1 of work performed and equipment, 3upplies and materials furnished;
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