10210 EVERGREEN WAY 2018-01-01 MF Import

� t_ such amount to Lender on demand;provided that if any such payment would be unlawful, Lender may declaze all accrued interest and the entire principal balance of the Note immuliately duc and payable. If any law,regulation or govemmental requirement applicable to Lender or Borrower or the Property requires that all or any part of the Property be appraised or reappraised,Botrower shall pay all costs of such apptaisals and reappraisals on demand by I.ender. Any sums not paid when due hereunder shall bear interesi at thc lesser of the Default Rate under thc Note,or!hc m�imum rate permitted by law. II.3 IpguC��. . (a) ov raQes Rea �ir d. Boaower shail keep the foAowing insurance coverages in effect with respcet to the Property: (1) Insurance against loss by fire and the hazards now or hercafter embraced by the"All Risk"or special form of insurance,in an amount equal at all times to 100% of the replacement value of the improvements. All such insurance covaxge shall contain a"replacement cost endorsemenY' without reduction for depreciation,and shall also contain]oss of rents and/or business interruption insurance coverage satisfactory to Lender, a fluctuat�ng valae endorsement witb ,�aiver of the co-insurance clause(or an agreed amount er.�iorsement with an inflai .i guard endorsement), and such other endorsements as Lender may rcasonably request. 1 such endorsements shall be in form and substance satisfactory to Leader. (Z) Comprehensive public liability insurance against claims for bodily injury,death or property datnage occwTing on,in or about the Property in amour.ts and on terms acceptable to the Lender. Lendcr shall be an additional insured on such liability policies. (3) Flood insurance in an amount satis£acto�r to Lender and on terms sacisfactory to Lender if the Property is located in a designated flood hazard azea, and such insurance is available pursuant to the provisions of the Flood Disaster Protection Act of 1973 or other applicable legislation. (4) Insurance against such similar or other hazards, casualties, liabilities and contingencies,in such fortns and amounts as Lender may from time to dme reasonably require. @) P.41iGiC5. Each insurance policy shall be from a company and in a form acceptable to Lender. Each hazard insurance policy will include a Form 438BPU o; equivalent mortgagec:endorsement in favor of and in form acceptable to Lender. All required policies will provide For at least thiRy(30)d�ys'written notice to Lender prior to the effective date of any cancellation or material change,which includes any reduction in the scope or li��its of coveragc. Bo:rower shall fumish to Lender the original of each required insurance policy,or;a ceRified copy thereof together with a certificate of insurance setting 8 980G0109R4 �