of the project are payable to Norwest Bank, Indiana, N.A., as
<br />Section 9. Use of Insurance and Condemnation Proceeds. Proceeds
<br />of insurance against damage to or destruction of the premises or
<br />proceeds of any condemnation of the premises shall be paid to and
<br />held by the Norwest Bank Indiana, N.A., or as otherwise determined by
<br />the Commission, and used to pay for reconstruction or replacement of
<br />the project in accordance with plans approved by the Commission and
<br />Sub - lessee.
<br />Section 10. Liability Insurance. The Sub - lessee shall, at all
<br />times during the term of this sub- lease, keep in effect public
<br />liability and property damage insurance, insuring the Sub - lessee, the
<br />Commission, the South Bend Redevelopment Authority, and Norwest Bank,
<br />Indiana, N.A., or other designee as determined by the Commission, in
<br />amounts customarily carried for similar properties. Such insurance
<br />may be provided under the Public Liability Self Insurance Program of
<br />the City of South Bend.
<br />Section 11.
<br />General Covenants. The Sub - lessee shall not assign
<br />this Sub -Lease or sublet any part of the premises herein described
<br />without the prior written consent of the Commission and South Bend
<br />Redevelopment Authority. The Sub - lessee covenants that, except for
<br />Permitted Encumbrances, it will not encumber the premises, or permit
<br />any encumbrance to exist thereon, and that it shall use and maintain
<br />the premises in accordance with the laws and ordinances of the United
<br />States of America, the State of Indiana, and all other proper
<br />governmental authorities. The Commission agrees that it will, at the
<br />request of the Sub - lessee, execute and deliver to or upon the order
<br />of the Lessee such instrument or instruments as may be reasonably
<br />required by the Sub - lessee in order to subject the premises, or the
<br />Commission's interest therein, to such encumbrances as shall be
<br />specified in such request and as shall be permitted by the provisions
<br />of this Section 13 or otherwise by the definition of Permitted
<br />Encumbrances.
<br />Section 12. Option to Purchase. The Commission hereby grants
<br />successor
<br />Trustee
<br />under
<br />a certain
<br />Trust Agreement dated as of
<br />November
<br />1, 1989,
<br />or as
<br />otherwise
<br />determined by the Commission.
<br />Section 9. Use of Insurance and Condemnation Proceeds. Proceeds
<br />of insurance against damage to or destruction of the premises or
<br />proceeds of any condemnation of the premises shall be paid to and
<br />held by the Norwest Bank Indiana, N.A., or as otherwise determined by
<br />the Commission, and used to pay for reconstruction or replacement of
<br />the project in accordance with plans approved by the Commission and
<br />Sub - lessee.
<br />Section 10. Liability Insurance. The Sub - lessee shall, at all
<br />times during the term of this sub- lease, keep in effect public
<br />liability and property damage insurance, insuring the Sub - lessee, the
<br />Commission, the South Bend Redevelopment Authority, and Norwest Bank,
<br />Indiana, N.A., or other designee as determined by the Commission, in
<br />amounts customarily carried for similar properties. Such insurance
<br />may be provided under the Public Liability Self Insurance Program of
<br />the City of South Bend.
<br />Section 11.
<br />General Covenants. The Sub - lessee shall not assign
<br />this Sub -Lease or sublet any part of the premises herein described
<br />without the prior written consent of the Commission and South Bend
<br />Redevelopment Authority. The Sub - lessee covenants that, except for
<br />Permitted Encumbrances, it will not encumber the premises, or permit
<br />any encumbrance to exist thereon, and that it shall use and maintain
<br />the premises in accordance with the laws and ordinances of the United
<br />States of America, the State of Indiana, and all other proper
<br />governmental authorities. The Commission agrees that it will, at the
<br />request of the Sub - lessee, execute and deliver to or upon the order
<br />of the Lessee such instrument or instruments as may be reasonably
<br />required by the Sub - lessee in order to subject the premises, or the
<br />Commission's interest therein, to such encumbrances as shall be
<br />specified in such request and as shall be permitted by the provisions
<br />of this Section 13 or otherwise by the definition of Permitted
<br />Encumbrances.
<br />Section 12. Option to Purchase. The Commission hereby grants
<br />
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