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<br /> 97-- 1a1�5'7 �
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<br /> � Section 2.5. 1nsi�rance and Casualtti► Ev_�nts.
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<br /> .:� (a) At all times while the Trust is indebted to the Heneficiary, the Trustor shall
<br /> - � maintain the follawing insurance:
<br /> (i) During any period of repair or restoration, builder's "all risk"
<br /> insurance in an amount not less than the full insurable value of the Facility and ����:_
<br /> Equipment against such risks (including, e�rithout limitation� fIre and extended :;,`_--
<br /> coverage and collapse of the Improvements to agreed limits) as Heneficiary may .�,A��':
<br /> , reasonably request, in for�m and substance reasonably acceptable to Beneficiary. ;:�=t�
<br /> (ii) Insurance with respect to the Improvements, F?c�«iPment and '�;___;
<br /> � Inventory against any per�l included within the classificatcion "All Aisks of Physical ''r�=4��=
<br /> Loss" with extended coverage in amounts at aU times sufflcient to prevent the .:�:}=;;:,�y�
<br /> Trustor from becoming a co-ansurer within the temis of the applicable policies, but `.�'' ��'-'�'''"==
<br /> in any event such insurance shall be maintained in an amount equal to t'h� �ull :-��=.�;-�
<br /> insurable value of the Improvements, Equipment and Inventory located on the � �'�'
<br /> Facility, the term"full insurable value"to mean the actual replacement cos2 of the --��-
<br /> Improvements, Equipment and Inventory (without talcing into account any ---
<br /> depreciation), determined annually by an insurer or by the Trustor or, at the
<br /> � request of the HeneSciary,by an indep�ndent insurance broker (subject to the
<br /> Beneficiary's reasonable approvalj inciuding an endorsement covering acis of `
<br /> municipal authoriries including increased cost af construction and dem�lition; �;:_�
<br /> :� (iiI) Comprehensiv� general liat�ility insurancG, including contrac�ual �'
<br /> _.,.., �' .; in u bodil in'u brnad form death and ro e dama e llabill and umbrella -
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<br /> '��� " 1{ability insurance agatnst any and all claims� In�luding all legal linbility to the -_
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<br /> ;.:w=.•� � extent insurable imposed upon th� Truat�r and all court casts and attorneys fees -
<br /> `=��'�'�" and expenses, arising out of ar connected with the posses�inn, uae� leusing, _—
<br /> -;,,.,f;�; ` operation, mafntenance or condition of the Facil�ty in such amoun2s as are -��
<br />-_�a:�°���';`� . gencrally required by institutianal lcnders far properties comparabla to the Facility -
<br />:�:�:;.�� but in no event with limits for the Facility of less than 51,000,000 per occurrence �,
<br />-''��� with combined siagle limit coverage £or bodily injury or property damage and -
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<br /> _�� excess (umbrella) liability coverage for the Facility of no less than $3Q,QOO,Q00 per =° -
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<br /> _�:'-3�'� occu,rren�ee; �..- -
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<br />--��=��`-`� (iv) Statutory workers'compensation insurance (to 4he ex•ent the risks to —
<br /> � � be covered thereby are not already covered by other policies of insurance ��
<br />-:�.�i� maintained by the Trustor), with respect to any work on or about the Faciliry; -
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