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SUBJICT I. HCJIBVIR I to ( &)
tilt} LeSN. Wlder m. LN... and (b)
aaS08B11ents not in ~t.ult, or., if
ill being oonteat4d in SOOd faith;
rro HAVE AND ro HOLD the above deacrlbfK1 p1"Qperty a.nd all
other property mcrtpaed under the Orlg1n&l )t)rtp&ea unto the
Jlk>rtpgee and ita fNcoeaaore &n4 ua1gna forever tor the uae~ and
pu.rpoaea set forth in the Orl.g1.na.1 Mort.p&e., ae supplemented hereby.
the r-1&ht, title and lnter"eDt of
t..he 11en ot ourrent tu.ftll and
del1nQue.nt) the v&Jldlty of wtllch
1he ~ oovenant., ....rrant. and &&r6e6 &6 follows:
,SCotton L '!he OoaIp&ny 18 l*wful.ly ~elled and po88erH~ed
of the property fiereinabove 5pec1t1oally ~lJcr1bed and has good right,
full power and autr.or1ty to convey,J tl'tLn&!'er and S)rtgage all such
property to the Tru.atee tor tho u.aee and purpol!tU~ herein set forth,
B..'1d that lSuoh property 1e now ovned by the Company tree and olear of
any and all 11ens and enou.branoes prior to or on parity with the
lien of' thl! Original Mortp&e aD heretofore and hereby &.mended and
Bupplemented (QJitoepting only the r1;hta of' the Le8see lJ.ndor said
~a6e) and ~~~t the Company will warrant ~~d der~nd th~ title thereto
against all olaimB and demands (except those ar16ing under ~ald
Lease) whatao"ver. .
Section 2 Each and a.l1 of the tenril\ 1 provlalona I nw trlo-
t1ons, covenants 'and ~ement6 aet forth vnd~r Sections 1, 2~ 31 4
and 5 ot tho Orlginal Mortgages are inoorporate(j herein by referenoe
to thf: eam,,; extent as tho\Agh Moh and all of e-aid te.nlW, provisions,
I'efltrlct1one J oovenanta and 8.6reUient;~ wherever eet forth herein; and
the Company does hereby cover4nt and ~e well and truly to abide
by J perform and be governed and restricted by each p.nd all of the
tMttere provided tor by the 01"1g.tnal Mortgagee.
_ ~c.t~.o,n 3:- Whe.t'0v€:H' in Bald Kortga~6b the t~rm "Noteoi"
16 UfHHl or rel"eIT1311 to # Bald t~H"m ahall be taken and held t-o rcl'EH'
t-o and desoribe the Notco 1aaued or to be issued under and pursuant
to the Ni'.)~ Agreement1 tlB lUnfnded by th~ Fh"st ~ndment ther-eto~
and W'hel--ev6r in tht' Original )I.ortgagcs th~ tfJr'm IlNote Agr-eement" 15
uaed or ref~rr~d to fla1d tern Bhall be taken and held to r6fer to
and deBcnoo the Note Agreement ~ dated 8.3 of AI>rl1 101 19621
be tw~en the ComparlY and the MortPief}.. as amended by the P1 1'8 t Alr,i4)nd-
ment theret~oj dated cw of S-eptemb{)l' 4, 1962. -
~.!ct,lon. l~. Without l1.m.itlng the pr-ovi61ona of the preoed-
ing 3oct.1on ~, butln furthel"1!.fiCe thereof 1 t 15 tL'1l1eratood alid ngl'(;ed
ttlB. t. t
i~ .1. The term "event of u6ts.ul t" for tho pux--poaaa of the
OpjglJ\Sl ifjt;tgaiS~':!ti J &6 supplemented 'hereby, shall U',{~an any ona or
mor<e of the tollowing:
(El) Defaul t for a per~lod of 10 dAya in the payment of
lliter6Gt on any Note;
Cn) IX1fa:J.l t for- a ~...:nrl(!d of 10 d..-:\ys in the pa~{r~ent of
any lnf;tl'l.11~nt of t.he in"inolp~1 of a.ny Noti'! whell ard as the
~~ ehal1 b~ao~ thw and payable I whether at matur1 ty or
at 1.t date f1~ed ff.)i.' pf"eliQym!mtl or by accelox>atlon 01' other-
wlae;
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