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shall have the right to terminate this Lease unless Lessor agrees to provide funds to cover the uninsured loss, in which case Lessee shall repair, reconstruct or replace such Improvements. If Lessor elects not to cover the uninsured loss for the repair, reconstruction or replacement of the Improvements, (i) Lessee shall apply the insurance proceeds toward any amounts due the Mortgagees under the Mortgage Loan Documents, then to any amounts due hereunder and the balance, if any, to Lessor, and (ii) immediately thereafter redeliver the Land to Lessor whereupon this Lease shall terminate. 19. Eminent Domain. (a) If the Project or any part thereof shall be taken or condemned by any competent entity in appropriate proceedings or by any right of eminent domain, the whole compensation therefore shall be paid to the Mortgagees, as provided in the Mortgage Loan Documents. (b) All condemnation proceeds received by the Mortgagees in compensation for a taking of less than substantially all of the Project shall be applied to payment of the Mortgage Loans as follows: (1) If the Project or any part therefore is taken without any damage resulting to the Project, but creating a right to compensation thereof, the net condemnation award shall be applied pursuant to the terms of the Mortgage Loans Documents; (2) If the Project or any part thereof is taken and damage results to the Project from such taking, and the Lessee and Lessor agree in writing within ninety (90) days after payment of the condemnation award that reconstruction or restoration of all or any part of the Project taken is economically feasible, and if the Mortgagees shall determine that such reconstruction or restoration will not adversely affect the payment of the principal or the interest on the Mortgage Loans, then the Mortgagees shall apply the net condemnation award first to the C:GDLEASE.EHI -26-