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Home My WebLink About2148 - _ .~~4 . . . , . 1~. Debtor Miil ~t all t3mes kssp tha collateral insuzed against loss, damaqe, theft and such other riaka as Secured Party may require and su~h amounts and cc~apanies and othsr eucA po:icies and in such lorm and !or such periode as shall ba satisfactory to Secured Partyt end each such golicy shall provide the lose thereunder and pro- ceeda paya~ble:tharaunder shall be payable to Secured Party as its intereat n?ay appear (and Secured Party may apply any proceeda o! auch ineurance Nhich may ba received by Secured Party towarda payment o! the obliqatione, whether or not due, in such order ot application as Secured Party may dete~nine~ and each such policy shall provide !or ten (10) daya Written minimal cancellatton notice to Secured Party;- and each such policy shall, if 3ecured Party so requeeta, be deposited Nith 3ecured Party; and Securcd Party may act ae attorney for Debtor 3.n obtaininq, aettling and cancellinq such inaurance and endorsinq any dratts. ! 6. Debtor ehall at all timee keep t~e collateral tree from any adverse lien, aecurity interest or encumbrance and in qood order and repair and will not Waste or destroy the collateral or any part thereof= and Deb~or Will not uee the collateral in violatfon of any statute or.ordinance; and Secured Party may examine and inspect the ' collateral at any time, Wherever located. ! H. Debtor Will promptly pay ~rhen due all taxes and assese- I E menta upon the collateral or for ita use or operation or upon this ! agree~eent or upon any note or notea evidencinq the obliqations, or any- ~ of them. ~ i. At its option, Secured P~rty may discharqe taxes, liens, ~ ` or security interests or other encumbrances at any time levied or ~ ~ ~ placed upon the collateral, may pay for inaurance on the collateral, € ~ and may pay for the maintenance and preservation of the collateral. ~ ~ Debtor agrees to reimburse Secured Party on demand for any payment E i made or any expense incurred, by Secured Party pursuant to the fore- ~ - ~ oin authorization. Until default if an Debtor ma have = 4 g , y, y possession 7 of the collateral and use it in any la~ful manner not inconsistent with -t this aqre~nent and not inconaiatent witR any policy o! insurance thereon. ~ ~ J. All information aupplied and atat~aents made by the ~ D~btor with respect to any financial etandinq, credit or ntin ~ fl R~311 ~A,~2~4'7 -3- - .,~r~l gL~ McDONA~D. K[NNEY ! RUfiAKli L neoruNOK~~ wsweurwr / wtro~wn~ wT u~ su~n :oo. ertizu~s rwuu~ ~u~to~NO. Noo aov»~ /roiw~~ N~oNw~r. roRr ~~sieee, n.o~~w? ssaso ~ T~IONONt q0~1 IH•IO~t .