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Home My WebLink About1794 r ~ 1~ 22 ~ 90 13 : 12 GL~tSTER-BOCA 01 ~3 the cost of excevationa, founQati~ns and tootirt9s 4810w the lowest baBement floor), Khichevez is yreater; and Nith no more than ~S,ooo 4educcibie from tha loa~ pAyable for any cast~alty. The policies of insurance rarried in accordanCe Nith thi3 sub~ection ta) ahall contain a"Replacement Coat EnCorsement;" (11) Busi~ess intet=uptiOn in8uranGe enQ/or loss of "rantnl valua" in~uran~e in Su~2~ amounts as ete satisfactory to the Mortyagee; (iii) Comprehenaive public: lia~111ty innui~tlCe including coyereqe for al~vators enQ escalatols, if ~ny, 011 the Mortgaged Propecty and, it any construction of now Improvements occur~ after exocu~.ion of this Mortgaqe, completed operations coverage for tw~ (2) years ~fter construction of any improvements has beer~ completed on i~n "oCCUrrence b~sis" against cleims for "pers~nal injuryN lncluding xlth0ut ' limitation, bodily injury, death or property dem~iye At`CUrrinq on, in or e~bout l.he MortgageG Proptrty !?nd the adjoining ! streets, sidewalks and passageweys, auch insurance to sfford ~ immediate minimum protection tv a limit of not less than th~t i reguired by the Mortgagee with respect to peraonal injury or ~ death to eny one or more persons (and in no event less than ~ $1,000,000.00) or damaqe to property; E 4 ' (iv) workors' compenaation inaurance (ineludinq r employer's liability insurance, if requested~ by the l~ortgagee) ~ for a12 employees af the Moctgaqor engaqed on or with respect ~ to the Mortgaqed Property i~ auch amou~t as is reasonably ~ satisfactory to the Mortqagee, or, i~ such limits ate € established by law, in auch amounts; , g (v) nurinq the cour~~ of any conatruction or ~ repair of zmprovemenks, builder's cocnpleted-velue risk ~ insurance aqainst "all riska o! physical loss," including ~ collapse and trensit coveraye, durinq conatruction of such ~ Improvements, with 8eductibles not to exceed ~1,000, in ~ nonreportinq form, coveriny the total value of work performeA ~ and equi.pment, sugpiies and mdteriels furnished. Said policy of insurance shall contain the "permission to occupy upon comp~etivn of work or occupancy" enc~orsement; (vi) Boiler and mechinery inaurance coverinq pressure vessels, air tanks, boiler$, machinery, presauro piping, neating, air conditioninq and elevator equipment and escalator equipment, pro~ided the Improvements contain equipment of such nature, and insurance against loss of ~ occupancy oz use arising from ~ny ~uch breakdown, in such ` amounts as are reasonably satisfactory to the Moctgaqee; ~ ~ 9 BOOK~ t J~''~Gi ~ i~~ ~ ' ~r~~9~,~.~ ~ : ~