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ARTICU: VI P[WVISIONS RESPECTING DAMA.GE, DESTRUCTION AND CONDEMNATION Section 6,1 Damage and Destruction. If the Project is damaged by fire or other casualty to such extent that the claim for loss resulting frrnn such destruction or damage is not greater than $100,000, the Borrower will continue to pay the sums re~uired to be paid hereunder and will promptly give written notice of such damage or destruction .:o the Trustee. The Trustee shall release to the Borrower the Net Proceeds of insurance resul~ing from claims for such losses, and the Borrower (a) will promptly repair, rebuild or restore the property da1naged or destroyed to substantially the same condition as it existed prior to the event causing such damage or destruction, with such changes, alterations and modifications (including the substitu- tion and addition of other property) as may be desired by the Borrower and as will not impair either the value of the Project or its utility for the purpose for which it is held by the Borrower; and (b) wil 1 apply for such purpose so much as may be necessary of any Net Proceeds of insurance resulting from claims for such losses, as well as any additional money of the Dorrower necessary therefor. If the cost of such repairs, rebuilding and restoration are less than the amount of Net Proceeds of the insurance referable thereto, the excess of such :-let Proceeds shall be paid to the Trustee and deposited in the Bond Fund and shall to the extent of such amount so deposited abate the sums payable into the Bond f.'und, or if the Bonds are .fully paid, shall be paid to the Borrower. If the Project is destroyed (in whole or in part) or is damaged by fire or other casualty to such extent that the claim for loss resulting from such destruction or damage is in excess of $100,000, the Borrower will continue to pay the sums required to be paid hereunder and will promptly give written notice of such damage and destruction to the •rrustee and the Issuer. l\.11 Net Proceeds of insurance resulting from claims for such losses shall be paid to the Trustee and deposited in the Project Fun~, whereupon (a) the Oorrower will proceeu promptly to repair, rebuild or restore the property damaged or destroyed to substan- tially the same <.::onllition as it existed prior to the event causing such rlamage or destn1c tion, with such changes, al tera- t ions and modifications (including the substitution and audition of 0Li1er property) as may be desired by the Dorrower and as will not impair either the value of the Project or its utility Eor the purpose for which it is held by the Borrower an,l (b) the Trustee will cause '.-lithcJr.awals to be made fro1n the Project C"und i.n th,i! -29-