Fire insurance proceeds subject to the lien
of the Town upon premises damaged by fire when such premises are encumbered
by unpaid taxes or assessments as provided in § 22 of the
General Municipal Law may be released to the insured provided that
such insured agrees, in a manner directed by the Town Board of the
Town of Fallsburg, to restore the affected premises to the same or
improved condition that it was in prior to the time the right to such
lien arose subject to such conditions as the resolution establishing
the lien shall provide to guarantee performance of such obligation.
The provisions of this chapter shall not be
deemed or construed to alter or impair the right of the Town to acquire
or enforce any lien against real property but shall be in addition
to any other power provided by law to acquire or enforce such right.