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n.l. 31
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7. To k..p tr. .rQ~..1d ohattel. oonatltutlng the
~for-.lJ.ld C~u..'11t,. Antenna a,.,tolu insured for the NMflt of the
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Mortgas-e, ita auc.e.sora &nd a8.1g~, tor 8~ ot lt~ oost of such
ohatt.ls Asalnet loaa or daDAlO ~1 tire and tho ha~.rd5 covored by
extendod coverago aDd .uoh otn.r hazarda a. ~. Mortgagee, it!
8UOOOS80rl Qr ..signa, ..Y requl~, and to deliver the pollelea
for ftuoh insuranoe to ~. Mortsagee. It5 IUCOOS8ors or &selgns.
8. To =-1ntain a minimum net ~orklng'oapltal of Ten
Thousand Dollars ($10,000.00); to enter into no employment oontrac
w1th any indlvldu!il for a period e.xo~edlng one (1) year or for ft
88lary in exoeaa of Fifteen ThousAnd Dollars ($15,OOO.OO) without
the prior ~r1tton oonsent of the Mortgage., its 3ueoe9nora or
-.9a1gns; to furnish monthly operating st.toments to the Mortgagee,
1 t5 tnlQCfH1eoro or aaslgnl\, by the f lfteenth of the fo 11 owing month
8nd ft balemeo ahe$t end a profit and 1088 atatement duly eertified
by . C.rt1fhd PubUc Aocountant within ninety (90) d.y. from tho I
end of its flloal leer; and to fLAocutc no ln5tr\.Uf'.6nt of any naturo
liS an acoommodation mAKer Q~' endore.I' for any peraon, firm or
Qorporation.
9. In the event of default 1n any of the payments hel'e-
under, to limit ita total payroll to an amount not to oxoeed
$60,000.00 p~r year. to pay no dividend to the stookholders, and
to p~y no salary to au, Atockholder without tho prior writton con-
sent of thl) MOI.tgagEl8, ftnd to perm1t the Nortgagoo, its ;1UOC6BBora
and &~81gn8, to lnsp6ct the Mortgagor's bookB and have them Rudlto
~t its e~pen86.
In thti ~v6nt any I)Qym~n.t made by the Mortgagor to tho
Mortg~g6e ah&ll be lena th&n tho total PQym~Hlt8 dWt at tJuoh t.lm()~
then tho Mortg~g()8 fU.y apply thfl whole or Any pArt of said p8.:lMent
to the amCH.m t th !'Hl. d\W W1dGl' any oni) Or' more not68 held by the
MQrtgegO$ at tho Mortg.I,~la 301e dlftorotlon~
'fhe Mortg8gor may prep.y. in lolhvle 01' in psrt, the In-
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