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had anal uhlaint•d, vv~ilicll t•tm~t•nt ~hllll not he ulu•easonfli,l~• vv'ithheld,
2111(1 llllV' ~il(•.ll A1'1'lttt`ll ('l,llst`ilt tU allV' oil(` ailll`, I11O1't!!ili.;l`, ('hill'ter O1'
transfer ~lltal nut he c;,n~truetl to he a vvfliver of t!lis provision vvith
respt'ct to and' suhse(tueut l,rol-u•c(i sal(', l::ort!,l:~e, ch:u'>a`r or trflns-
fer. :1n~• sut•II ::alt`, luurt~.;~art•, c•lltlrtrr (,r tr:ul~ft`r of the 1'e~sel shall
he suilject to iht• provi~ienx ut• this \1nrt~~lt~r ]uul the lien iu'reof.
:tee(~rlux la. (:1) 'l'he lhipovvner vrill clnlse to he ca°ricd and
luaintained on, (ul(1 in rt`st,t•(•t ot•, the \•esst'1 :uul 11(`1' clu•nlnt;s find
i'rei~.;hts, insllran(•f` in su(•ll :uuounts, a~;tinst sltcll risks, in such form,
in;•ludinp; \1'ltlll,llt II1mt11t1U11 the f(iru- of the lus pa~•llhlr cllulse and
tl!t'tlt`~1+1m1t1t11i t,t 11!1111('(1 il~Nlirl'd~, 111111 \1'Itll ~llcll Illsllrllll('l' CO111paI11eS,
undrrvcriG`rs (,r ftuula, as the Aturtt;a~ee luu~• from tiuu' to time re-
(tuire ur appruve.
(h) 'I'h:` ~hipo\t~n(`r shall furnisl- to the ~lortt;ai;t`t` sinnlltflnconsl~~
vvitll the t`st•(•ution anti delivt`r~• hereof, and thereafter flnnuall~•, a
detailed report si~~ned h~• a firm of ~ndt`pendent marine insurance
brokers, appointed hy- the tihipuvvner and flrceptal,l<' to the ~1ot•t~;a~ee,
in forul ant! suh,tanrt` sati•factot•~' to the Jlurtl,~at;rt' (\\•hic•1- :hall
include, v~•ithmlt linlitatiun, 11 stateluent as to each poiic~', the fllnuunt,
th~• insurer, the t)•pe of risk cu\•ert`(i find the czpu•atlml date) \\•ith
rea,ect to tht` in:urlul(•(` ctu•ried luul lnainhlint`(1 (ln the \'t'ssel, to-
l;ether vv'itll their opinion as to the ad(•ctuac~• ther(~of and that snch
in~uranre cnnlplies vvith the rettuir:`uu`nts of this section 1:). The
fihipo\\~nt`r Neill caust` such firm tO agree to 11t1\•ist' the \tortga~*ee
llrulnl,tl~• of am- Iapse of vlv such insurance hv e~pirfltion, f•flilt~re to
mnt•\r ur ntlu'r\eist' and of and- (leftlult in llh}'au'nt of any 1)r(+nunm
ant! ut an~• other ttct or uulission on the llnrt of the 511ipovvner of
\\•hi(•ll it has l:no\elt`d~~e and \ehic•h lni~ht, in its opinion, in\•flli(]flte or
render unenforceahlc, in vehole or in part, an~• in:~luance on the Vessel.
The ~~hilunener \eill also carts(' such tirln to a~t•ee to Mark their records
and to llse their hest efforts to advise theliortt;agee, at least i) in-
sltran(•t` husint•a d11~•s prior to the expiration Gate of and' insurance
carried pursulult to this ltortnaf;e, that such insurance has been re-
neveed or replaced ~~ itll ncvs in5urallce vehich colnplie, veith the provi-
sivns of this ~ecti~~n 15, an(1 such advice shall he in the same detail
in respect of such reneveed ur rel)[aceluent in•urtuu•(` 11s is reduired in
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