(VI) ABOVE;
(IX)
THE INSURANCE REQUIRED UNDER SECTION 6.1(A)(I) AND (II) ABOVE SHALL
COVER PERILS OF TERRORISM AND ACTS OF TERRORISM AND BORROWER SHALL MAINTAIN
INSURANCE FOR LOSS RESULTING FROM PERILS AND ACTS OF TERRORISM ON TERMS
(INCLUDING AMOUNTS) CONSISTENT WITH THOSE REQUIRED UNDER SECTION 6.1(A)(I) AND
(II) ABOVE AT ALL TIMES DURING THE TERM OF THE LOAN; PROVIDED, HOWEVER, BORROWER
SHALL NOT BE REQUIRED TO PAY ANNUAL PREMIUMS IN EXCESS OF AMOUNTS THAT ARE THEN
COMMERCIALLY REASONABLE, BASED ON PROPERTIES OF THE SAME GENERAL TYPE, SIZE AND
LOCATION, FOR THE COVERAGE REQUIRED UNDER THIS SECTION 6.1.1(A)(IX).
IF FULL
COVERAGE FOR ACTS OF TERRORISM SATISFYING SUCH REQUIREMENTS IS NOT AVAILABLE FOR
AN AMOUNT EQUAL TO OR LESS THAN WHAT IS THEN COMMERCIALLY REASONABLE (BUT
COVERAGE FOR ACTS OF TERRORISM NOT FULLY SATISFYING SUCH REQUIREMENTS IS
AVAILABLE), BORROWER SHALL BE REQUIRED TO SPEND AN AMOUNT EQUAL TO AN AMOUNT
WHICH IS AGREED BY LENDER TO BE A COMMERCIALLY REASONABLE AMOUNT FOR COVERAGE
FOR ACTS OF TERRORISM, AND THE SCOPE, FORM, DEDUCTIBLE AND CARRIER WITH RESPECT
TO SUCH COVERAGE SHALL BE ACCEPTABLE TO LENDER IN ITS COMMERCIALLY REASONABLE
DISCRETION; AND
(X)
UPON SIXTY (60) DAYS WRITTEN NOTICE, SUCH OTHER REASONABLE
INSURANCE AND IN SUCH REASONABLE AMOUNTS AS LENDER FROM TIME TO TIME MAY
REASONABLY REQUEST AGAINST SUCH OTHER INSURABLE HAZARDS WHICH AT THE TIME ARE
COMMONLY
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INSURED AGAINST FOR PROPERTY SIMILAR TO THE PROPERTY LOCATED IN OR AROUND THE
REGION IN WHICH THE PROPERTY IS LOCATED.
(B)
ALL INSURANCE PROVIDED FOR IN SECTION 6.1(A) SHALL BE OBTAINED
UNDER VALID AND ENFORCEABLE POLICIES (COLLECTIVELY, THE "POLICIES" OR IN THE
SINGULAR, THE "POLICY"), AND SHALL BE SUBJECT TO THE APPROVAL OF LENDER AS TO
INSURANCE COMPANIES, AMOUNTS, DEDUCTIBLES, LOSS PAYEES AND INSUREDS.
THE
POLICIES SHALL BE ISSUED BY FINANCIALLY SOUND AND RESPONSIBLE INSURANCE
COMPANIES AUTHORIZED TO DO BUSINESS IN THE STATE AND HAVING A CLAIMS PAYING
ABILITY RATING OF "A" OR BETTER (AND THE EQUIVALENT THEREOF) BY AT LEAST TWO (2)
OF THE RATING AGENCIES RATING THE SECURITIES (ONE (1) OF WHICH SHALL BE S&P IF
THEY ARE RATING THE SECURITIES AND ONE (1) OF WHICH WILL BE MOODY'S IF THEY ARE
RATING THE SECURITIES), OR IF ONLY ONE (1) RATING AGENCY IS RATING THE
SECURITIES, THEN ONLY BY SUCH RATING AGENCY.
THE POLICIES DESCRIBED IN
SECTION 6.1 (OTHER THAN THOSE STRICTLY LIMITED TO LIABILITY PROTECTION) SHALL
DESIGNATE LENDER AS LOSS PAYEE.
NOT LESS THAN THIRTY (30) DAYS PRIOR TO THE
EXPIRATION DATES OF THE POLICIES THERETOFORE FURNISHED TO LENDER, CERTIFICATES
OF INSURANCE EVIDENCING THE POLICIES ACCOMPANIED BY EVIDENCE SATISFACTORY TO
LENDER OF PAYMENT OF THE PREMIUMS DUE THEREUNDER (THE "INSURANCE PREMIUMS"),
SHALL BE DELIVERED BY BORROWER TO LENDER.
(C)
ANY BLANKET INSURANCE POLICY SHALL SPECIFICALLY ALLOCATE TO THE
PROPERTY THE AMOUNT OF COVERAGE FROM TIME TO TIME REQUIRED HEREUNDER AND SHALL
OTHERWISE PROVIDE THE SAME PROTECTION AS WOULD A SEPARATE POLICY INSURING ONLY
THE PROPERTY IN COMPLIANCE WITH THE PROVISIONS OF SECTION 6.1(A).
(D)
ALL POLICIES OF INSURANCE PROVIDED FOR OR