Home Join Now Learn More Sign in
Home | Admin | Sign Out 
Find a Form 

Access thousands of free legal and business forms contributed by leading lawyers and other professionals

Search by key words (e.g., "Sales Contract")
Advanced search

 
Promote Your Business  
  • Contribute a legal or business form and network with thousands of potential clients, businesses, and professionals

    Upload a Form Add Your Executive Profile
Promote Your Business 
  • Contribute a legal or business form and network with thousands of potential clients, businesses, and professionals

    Upload a Form Add Your Executive Profile
Promote your business  
  • Contribute a legal or business form and network with thousands of potential clients, businesses, and professionals

    Upload a Form Add Your Executive Profile
Add your free profile  
  • Contribute a legal or business form and network with thousands of potential clients, businesses, and professionals

    Upload a Form Add Your Executive Profile
 
Connect

Terms Of Use

Submissions to this site, including any legal or business forms, posts, responses to questions or other communications by contributors are not intended as and should not be construed as legal advice. You are strongly encouraged to consult competent legal council before engaging in any action based upon content contained on this site.

These downloadable forms are only for personal use. Retransmission, redistribution, or any other commercial use is prohibited. This includes reposting forms from this site to another site offering free legal or other document forms for download.

Please note that the donator may have included different usage terms regarding this form, and you agree to abide by these terms. It is highly recommended that you have a licensed attorney review any legal documents for which you are searching in order to make sure that your needs are being properly and completely satisfied.

Your use of this site constitutes your acceptance of our terms of use and your agreement to hold this site, its officers, employees and any contributors to this site harmless for any damage you might incur from your use of any submissions contained on this site. If you do not agree to the above terms, please do not proceed.

These forms are provided to assist business owners and others in understanding important points to consider in different transactions. They are offered with the understanding that no legal advice, accounting, or other professional service is being offered by these documents or on this website. Laws vary in the different states. Agreements acceptable in one state may not be enforced the same way under the laws of another state. Also, agreements should relate specifically to the particular facts of each situation. Therefore, it is important to consult legal counsel whenever utilizing these forms. The Forms are not a substitute for legal advice YourFreeLegalForms.com is not engaged in recommending or referring members on the site or making claims about the competence, character or qualifications of its participating members.
Close

Thank you for using
Yourfreelegalforms.com


Your online source for 100% free legal and business forms.
Have a form to contribute?
Contribute a legal or business form, checklist or article and have your profile displayed on the same page as the form for free, powerfull, targeted marketing to those searching for legal forms and advice.

Advertise your business to thousands for free – Contribute a form
Form #1151

Application of Proceeds of Policy

Average user rating:  
Not Yet Rated
Rate it

Application of Proceeds of Policy - Free form to use.

Need this form customized? Download This Form Printer Friendly Version

Application of proceeds of policy.

In case the buildings or improvements shall at any time or times be destroyed by fire during the term, lessor shall pay lessee on proper architect's certificates so much of insurance money as may be received by reason of such loss or destruction in such sum or sums as may be necessary to pay for rebuilding as herein specified; and at time when insurance money is paid by lessor, lessee shall expend on work done on or for materials furnished for restoration, repair or erection of any new building, an amount of money derived by lessee, from sources other than such insurance money paid out by lessor, equal to the amount of the portion so paid by lessor, and thereafter such additional amount or amounts as may be necessary to rebuild or repair building or buildings in such lease provided. No interest is to be paid on the insurance money by lessor during the time the money remains in its possession, and any and all moneys which lessor shall receive by reason of any loss or destruction of buildings or improvements is constituted a trust fund to be used for rebuilding of buildings and improvements on premises as provided for, and lessor shall properly disburse the moneys and use such toward rebuilding the buildings and improvements on premises, as provided for; but the money shall stand as additional security for rent provided for, and lessor shall not be responsible for collection or noncollection of any insurance money in any event, but only for such insurance money as shall come to its hands. Lessee agrees that if buildings and improvements now on or hereafter placed on premises or any part thereof, shall at any time or times during continuance of the term be destroyed or damaged by fire or other casualty, and as often as any building or improvement on premises shall be destroyed or damaged by fire or other casualty, lessee shall rebuild and repair the same on same general plan and dimensions as before the fire or casualty, or other plan to be agreed upon in writing by lessor and lessee respectively, the construction so rebuilt and repaired to be of the value of not less than buildings so destroyed or repairs thereon as the case may be, and have the same rebuilt and ready for occupancy within six months from such loss or destruction, at his lessee's expense. All and every sum or sums of money which shall be covered or received by the lessee for and in respect of insurance, shall be retained and expended by lessee in rebuilding and repairing the buildings, or such parts thereof as shall be damaged, as aforesaid, and in case lessee shall not have used or expended the insurance money on the premises as provided, it shall be lawful for lessor to declare such term ended and to reenter premises, and any part of any building or buildings on premises shall at once be forfeited to lessor and no compensation therefor shall be allowed to lessee. Any balance of insurance money remaining in hands of lessor shall, at their election or option, be forfeited to it as liquidated and ascertained damages, and not as a penalty or penal sum or in nature thereof; but in case of a fulfillment by lessee of lessee's agreements in lease, any surplus of any and all insurance moneys after the use of the same for purpose provided in lease shall belong to and be paid over to lessee. In case lessee shall neglect to insure and keep insured the buildings and improvements on premises, lessor, at its election, shall procure and renew such insurance and add the amount paid therefor to the instalment of rent next thereafter falling due under the lease with interest thereon at the rate of _____% per year.



 
Contributed by
Legal Concepts LTD
 
Name of Firm Legal Concepts LTD
Total Forms Contributed 63
 

See All Legal Concepts LTD's Forms
 

Related Forms

Generic Internet Usage Policy
Business Credit Application
Consumer Credit Application
Application for Employment
Small business, Loan Application Checklist

Terms Of Use

Submissions to this site, including any legal or business forms, posts, responses to questions or other communications by contributors are not intended as and should not be construed as legal advice. You are strongly encouraged to consult competent legal council before engaging in any action based upon content contained on this site.

These downloadable forms are only for personal use. Retransmission, redistribution, or any other commercial use is prohibited. This includes reposting forms from this site to another site offering free legal or other document forms for download.

Please note that the donator may have included different usage terms regarding this form, and you agree to abide by these terms. It is highly recommended that you have a licensed attorney review any legal documents for which you are searching in order to make sure that your needs are being properly and completely satisfied.

Your use of this site constitutes your acceptance of our terms of use and your agreement to hold this site, its officers, employees and any contributors to this site harmless for any damage you might incur from your use of any submissions contained on this site. If you do not agree to the above terms, please do not proceed.

These forms are provided to assist business owners and others in understanding important points to consider in different transactions. They are offered with the understanding that no legal advice, accounting, or other professional service is being offered by these documents or on this website. Laws vary in the different states. Agreements acceptable in one state may not be enforced the same way under the laws of another state. Also, agreements should relate specifically to the particular facts of each situation. Therefore, it is important to consult legal counsel whenever utilizing these forms. The Forms are not a substitute for legal advice YourFreeLegalForms.com is not engaged in recommending or referring members on the site or making claims about the competence, character or qualifications of its participating members.
Close

Thank you for using
Yourfreelegalforms.com


Your online source for 100% free legal and business forms.
Have a form to contribute?
Contribute a legal or business form, checklist or article and have your profile displayed on the same page as the form for free, powerfull, targeted marketing to those searching for legal forms and advice.



Was this form helpful? Yes No
Need a different form? Yes No


Need a different form? Need a custom form or service?

post a request to our community.


Comments




Keywords: Application of Proceeds of Policy, Real Estate, free forms

close