RIVER VIEW GOLF COMPANY - CONCESSION 1974

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• damage or destruction. During the period of any such repair or reconstruction, this Agreement shall remain in full force and effect subject to all the provisions contained herein, and CON- CESSTO?~IAIRE shall provide temporary facilities offering compar- able food, beverages, tobacco, and sundry products as were availabl? to the patrons of RIVER VIEtiti' immediately prior to the time of such damage or destruction, and satisfactory to RIVER VIEr~1. CONCESSIONAIRE shall, at its sole expense, promptly re- store, repair, or reconstruct said facilities as nearly as possible to their condition prior to any such damage or destruc-- Lion. All insurance proceeds received by RIVER VIEW pursuant to the provisions of this Agreement, less the cost of recovering ary such insurance proceeds, shall be held in trust and applied by RIVER VIEW to the payment of any such restoration as it pro- gresses, or be reimbursed to CONCESSIONAIRE for its costs in- curred in connection with such restoration. In the event CONCESSIONAIRE fails or refuses to commence restoration or repair of said premises within the time period provided herein, such failure or refusal shall constitute an event of default, and RIVER VIEW may, at its option, terminate this Agreement, If this Agreement so terminates, all insurance pro- ceeds shall belong to RIVER. VIEj^1, and if the proceeds of insurance are insufficient to pay the full cost of repair or restoration, CONCESSIONAIRE shall be liable for the difference, if any, and shall pay same immediately upon demand by RIVER VIEW. If the in- surance proceeds exceed such costs, the excess from said insurance proceeds shall be retained by RIVER VIEL•1, During such time as the restaurant andfor "half-way house" are wholly or partially unusable by reason of any such damage or destruction, tr_e pad=menu as and for rental herein pro- vided shall continue. RIVER VIE.^7 shall not be liable to -1~-