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that, in each case, the po2icies otherwise comply with the
provisions of this Mortgage and allocate to the Improvements and
the Equipment, from time to time, the coverage specified by
Mortgagee, without possibility of reduction or coinsurance by
reason of, or damage to, any other property (real or personal)
named therein. If the insurance required by this Mortgage shall
~ be effected by any such blanket or umbrella policies, Mortgagor
shall furnish ta Mortgagee original policies or certified copies
thereof, with schedules attached thereto showing the amount of the
insurance provided under such policies which is applicable to the
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f Improvements and the equipment.
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4 (c) Mortgagor shall (i) pay or cause to be paid, as they
~ become due ali premiuns for the insurance required hereunder, and
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j (ii) on the date hereof and not later than thirty (30) days prior
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to the expiration of each such policy, deliver a renewal policy or
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6 a duplicate original thereof and a certificate of insurance
certified to Mortgagee by the broker as being a true copy
~ evidencing the insurance required to be provided hereunder, marked
~ " remium aid " or accom anied b such other evidence of
p p , p y payment
~ as shall be reasonably satisfactory to Mortgag~e in its sole
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~ discretion.
(d) If Mortgagor shall be in default of its obligation to so
insure or deliver any such prepaid policy or policies of insurance
in accordance with the provisions hereof, Mortgagee, at its option,
~ may effect such insurance from year to •year, and pay the premium
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k or premiums therefor, and, in such event, the amount of all such
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