Notwithstanding anything to the contrary hereinabove set forth, nothing in this chapter shall prevent the reconstruction, repairing, rebuilding and continued use of any nonconforming building or structure damaged or destroyed by fire, collapse, explosion or act of God, subsequent to November 25, 1958; provided, however, that there shall be no enlargement of the original structure, and provided further that the work shall be initiated within six (6) months from the occurrence of such damage or destruction and shall be diligently pursued to completion. Nothing in this chapter shall prevent the reconstruction, repairing, rebuilding and continued use of any nonconforming building or structure, rendered necessary by wear and tear or deterioration, provided that the cost of such work shall not exceed fifty percent (50%) of the market value of such building or structure at the time such work is done.