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(c) to make and ~nter into additio~n~l contracts and incur obligatione for
the purposea of completing the Improvementa purau4~t to tbe obligatio~e oY
the Mortgagor hereunder, eitber in the name o~ tbe Mortgagee or the Mort-
gagor, and (d) to pay and discharge all debts, obligationa ~nd liabilities
incurred by reason of any action taken by tbe Mortgagee as provicled in
this Paragraph, all o~ which amounta so paid by tbe Mortgagee, witb inter-
est tbereon trom tY~e date of eacb sucb payment, at the rate of tbree per-
cent (39~) per.annum, sball be payable by the Mortgagor to tbe Mortgag~ee on
demand and shall be secured by tbie Mortgage.
4. No building or other struct~re or improvement, fixture .r%per-
sonal property mortgaged bereby aball be removed or demolisbed witbout
the prior written consent of tbe Mortgagee. Tbe Mortgagor will not make,
permit or suffer any aiteration oY or addition to any building or other
structure or improveme~4t now or wbicb may bereafter be erected or install~d_
~apon the mortgaged property, or any part tbereo~, eacept tbe improvement8
required to be made puraua~t to Paragraph 3 bereoY, nor will tbe Mortagor
use, or permit or suffer tbe use of, any o~ tbe mortgaged groperty Yor any
purpoae other ~han the purpoae or purpoaee for whicb tbe same is now in-
tended to be used, without the prior written~coneent o~ the Mortgagee.
The Mortgagor will maintain tbe mortgaged property~in good condition and
~tate of repair and will not euf~er or permit any waste to sny part tbereo~,
and will promptly comply witb all the requirements of Federal,_9tate and
local governments, or o~ any departmenta, divieio~e or bur~sue tHereof, ~
pertaining to sach'property or any part ther.eoP. ~
5. Tbe Mortgagcr will not voluntarily create, or permit or.au~fer to
be created or to exiat, on or against tbe mortgaged property, or any part
thereof, any lien superior to tbe lien ot thie-.Mortgage, exclueive of tbe
lien or liens, if any, to wbicb t~ia Mortgage ia expreeely subject, as aet
~ forth in the granting clau9e above, a~d will keep and maintain tbe aame
~ free from the c~aims of all partiea supplying labor or materials wbicb will
enter into the conetruction or installation oY tbe Ymprovemente. -
6. (a) The Mortgagor will keep all buildinga, other structures and
improvements, including equipment, now egiating or which may bereafter be
erected or installed on tbe land mortga.ged bereby, insured against loae by
fire and other bazards, casualtiea and contingencies, in such amounts and
manner, and for such periods, all a~ may be requi.red from time to time by.
~he Mortgagee. Unlesa otberwise required by tbe Mortgagee, all sucb in-
surance shall be effected by Standard Fire and Egtended Coverage Insura~ce
policies, in amounts not less tban necessary to~comply with the coinsur-
ance clause.percentage.of the value applicable ~o tbe location and cbarac-
ter o~ the property to be covered. All 9uGh insurance ebali be carried in
companies approved by tbe Mortgagee and all policiea tberefor eball be in
such form and shall have attached thereto loss payable clauses in Yavor ~
of the Mortgagee and-any otber parties as ahall be eatisfactory to tbe
~ortgagee. All sucb policiea and attachmenta tbereto ahall be delivered
promptly ta the Mortgagee, unleas tbey are required to be delivered ~o tbe
Y:older oY a lien oY a mortga.ge or similar inetrument to wbicb thia Mort-
gage fe expressly aub~ect, in wbicb latter event certificatea tbereof,
. ~~K180 ~ 443
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